Since goverments have control on their economies what they say it is important. It is not the same as social contract applied to cryptocurrencies. People may change their thoughts easily but goverments don't change their policies in a day. Since bitcoin become more stable and trustable, that's why bitcoin supporters are expecting the adoption of bitcoin to traditional markets.
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If you try to gain a high profit in a short time, you are open to be scammed. Nobody can really offer such a high profit, especially these times that we are experiencing bear market. You'r a lucky man for not losing your saving. Be careful and start to use your brain.
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Since bank are primary advertisers of main media, expecting good news from main media about bitcoin is not reasonable. They mostly harm bitcoin market; they keep talking about a direct correlation between bitcoin's success and its price. If price are very good, they call it a speculative market and if not they call it boomed market.
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Even if we see a collaboration between both fiat and crypto in the future, many countries do not accept crypto wholly. Because economic power of countries are not equal each other and if small countries or developing countries accept such a thing they will become toys of economically strong countries such as US or China.
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For many people, it is not just a currency. There are some other people who see bitcoin as a tool for global financial freedom. For me, everything is digitilized and this concept works for fiat currencies too. Goverments are too late to see this change and to do something, because they are under the influence of traditional players who don't want any change on financial markets.
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Actually, we don't need so many miners and we have experienced an increase on number of miners becuse of rocketprices of bitcoin in last year. If the amount of hash decreases, the rewards will be higher, mining will be more feasible, and it will be an opportunity for the survivers. So many people jump into this business, some of miners have low budgets, and there was a chaos. Now, mining service can be performed more professionally.
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Not only banks but also other sectors adopt theirselves to technologic developments. Banking sector uses technology intensively, evolves theirselves, and stays updated. They are preparing strategies in order to implement new projects to overcome crypto currencies and diminish crpto markets.
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Forks might be good and valuable in diversifiying of bitcoin. When it reach to some extend, it start to harm bitcoin. Developers used the trust to bitcoin for their behalf in order to gain more money.
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No, Bitcoiners have seen such strong falls before. I wouldn't say this fall will destroy crypto market because new buyers come to crypto market since they see these prices as an oppotunity. I think, everyone who thinks like you now will look back on crypto market with some regret.
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It is early to name a dip price for any crypto because we still exprience some sharp onda sudden price slides. Before to see an positive accerelation on prices, we need to see some stability.
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It is early to belive these news. Chinese goverment would like to regulate coins, if it has a full control on BTC. China is always one of the main players in BTC market. Either legal or illegal Chinese govetment's aim is to gain more control on BTC.
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Does a manipulator really think opposite of what an average person think? I wouldn't agrre with people who only answer this question yes or no. That's not a simple yes/no question. We all sure about that they think diffrently and manipulators must be unpredictable. Also manipulators behaves like a wolf pack, track their preys' behaivor, and they don't hesitate.
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Such a sharp drop without a reason only means manipulation. Manipulation of whales is the main factor which is causing this current drop. Since crypto market is vulnerable to manipulations, whales had easily control on prices. Also, investors started to panic selling and it icrease damage on prices.
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I would only invest in some part of this money in crypto market. The ratio may be high, because certain coins like BTH or ETH seems investable at these prices. I would invest in 4k on crypto market and 6k on traditional asset like the stock of a company which has a fine price and potential to raise. One forth of my crypto invesment may go for two altcoins that are trustable and have a greate potential.
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We all are sure about money is never 100% safe no matter where it is invested. But everyhing IS NOT an investment. That's why the term risk-earning ratio is used in order to determine safety of an investment. Before investing in an asset, you must foresee the risks and possible profit that you may gain. If you are not sure one of them, this investment turns into a gambling game. We can't describe everything we put money in as an investment. There are so many people put their money in without knowing price determinative parameters of cryptos and measuring risks factors. Thus, all I can say is good luck for you, if you think so.
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I agree with people who think that focusing only on price is not a good thing and we better focus on the technology and improvemet on acceptance of bitcoin as a transaction and payment tool. When it comes to price: Although there are people who see these prices as an opportunity and are ready buy Bitcoin, they can not figure out right price to buy because of FUD.
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It would only be last chance to realize your loss, if you didn't buy bitcoin with a price exceeds 10000 $ and you can't wait for a year at least. Because we may not see 5 digit numbers in 2019. If you invest in for a less price, you had better wait for the next raise.
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We see a more drop in ethereum price previous week when compared to drop of bitcoin. This doesn't mean that Ethereum is a bad coin and has no potential, it just means that bitcoin is superior. Bitcoin is in favour of investors due to being the first cryptocurrency. When it comes to me, I prefer to buy ethereum at these days.
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Goverments may put their own coins into circulation but they can only decrease the demand for bitcoin at a limited ratio. Most of investors are not only investors and most of them are also familiar with the idea of decentralization and its advantages. In a near future, we'll see such attempts to implement some form of official cryptocurrencies. I think, people wouldn't let authorities totally control the digital currency market.
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