Yes there is no doubt bitcoin will breal $100.000 but it cannot happen in 1 month. Of course we will see corrections and fluctuations. In the beginning of 2017 bitcoin price was under $1000 and now we see it is 10 times more. So in the beginning of 2018 it is around $10.000 and we can see $100.000 at the end of year. So it is a reasonable prediction.
You seem to ignore Bitcoin's history if you consider only last's years movement's of price. Bitcoin was 1000$ already in 2013 and then retraced back to less than 200$ before getting back to 1000$ and more... THIS YEAR. |
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Taxing of Bitcoin will become inevitable at some point, the only good news is that they didn't figure out yet how exactly to proceed on this issue.
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We all know that cryptocurrency and Russia have contradictory relationships.
Russia seeking for the way how to regulate cryptocurrency, for example, some of Russians officials claim that bitcoin and cryptocurrency should be considered as "goods" and not a "currency". Also, they banned well known Russian media about cryptocurrency. They still don't want to legalize Bitcoin explaining that this currency is used for money-laundering and illegal business.
On the other hand, there are a lot ICO campaigns in Russia. Almost every week the crypto and blockchain events are organized. And Russian crypto community is quite big. There is project I also represent. So that is why it is very important for me.
Do you believe that one day Russian government will legalize Bitcoin and join cryptocommunity?
The point is that Bitcoin IS a good and not a currency. Facts tell us that people buy it to store it and to either sell it higher or to buy just other cryptos. Bitcoin is barely used for purchasing objects out of cryptoland. |
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Bitcoin IS becoming more and more centralized as far as the mining is concerned. One day we may even have to face the risk of a 51% attack - even though probably nobody who could put it in practice would probably actually do it, since this would mean killing a coin which is making them rich.
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Nowadays all money which is moving between Bitcoin and altcoins is 100% speculative, so it makes no sense to try to make a rational discussion on which coin will prevail, since whatever happens now with the prices is disconnected from each coin's reality, being connected only to hype and pretexts for pump and dumps. Sad that it's turning this way.
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I find it sooo unlikely. We will probably have a major payment network based on cryptocurrencies in the future, but it will not be Bitcoin. I will be designed to perfectly fit all the needs of such a huge infrastructure.
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I think we are moving towards a time where all corporations will make their own cryptocurrency. Perhaps corporative tokens will substitute stocks in the future.
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Usually when I am reading a news like that which suggest me that the prices will shoot up, I start to suspect that this is a bulltrap and that the prices are instead going to collapse. Deceiving Rumors ...
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In the past I had found a Bitcointalk app on Android play market and installed it. It didn't pretend to be official, which it wasn't, but the dev had stopped to develop it so it was incomplete. It worked, but not for every necessary function. But it didn't contain any trojans or so, it did no harm. Anyway, I would not recommend it.
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I like the idea, but not how it has been implemented. Something like this was necessary to fight the tsunamy of spam, but they way it has been designed with a few exceptions nobody will ever rise in rank any more - they could have abolished the changing of rank all together. Would have been the same.
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The charts are suggesting that the decline could continue for a while. Of course, the charts are not crystal balls and sooner or later they all wrong when a trend suddenly reverses. We'll discover that soon.
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My biggest regret about Bitcoin is that I wanted to become involved in 2010, but then I simply forgot. Just a little void of memory about my own intentions...
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It is not clear what you mean with the word "support". Everyone will just buy coins that he or she thinks will be more valuable in the future. Nobody does it to "support" a coin.
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Some people think that a bigger dip is in the charts, so from a technical point of view it could happen. I frankly am hoping there won't be.
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These days there are also people who theorize that capitalization of cryptos could actually also drop in 2018. Sometimes you have also things like bear markets.
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I am bad in scalping and talkes you too much time. I buy good coins when they are cheap and then I wait, even for years.
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Personally I have often lost money with stock trading while I am making money with crypto trading. Somehow I can predict better prices in cryptos.
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I have been panicing in the past , if price collapes, now I try to stay calm. Of course I am frustrated if price of my assets tank. But sooner or later il will resume growth.
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People lose interest only if the lose money. If Bitcoin dies people will just switch to other coins, it will not be a problem.
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Yes, I have been scammed several times, but never in cryptos, only by very legit institutions, big banks and including my own country which forced to pay me a fine which was not due.
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