After roll down from $19600 to $12000 bitcoin has finally settled near $13000. Today all of sudden bitcoin bounced back to $15380. It may be sign, those bitcoin investors who have done profit bookings in the last week are coming back. By this upside performance stop loss of $10000 seems weaken. This is a good sign of relief to bitcoin investors who were little panic due to continuous falling of bitcoin price.

 Oil will not remain their forever. World oil reserves are going down rapidly. There will be no oil available after 50 years from now. So electric cars is the best option currently available. Many automobile giants are switching from traditional cars to electric cars. As a result world oil industry feeling the threat for their business, but this industry is also aware of these changes. Electric cars are economical, and zero polluting. Oil vehicles are creating pollution and global warming conditions, these will be eliminated by electric vehicles. Electric vehicles are good for the world but not for the oil industry.

Japan has supported bitcoin currency since its introduction. Bitcoin government and Japanese economy  supported bitcoin as a result bitcoin share is nearly 40% in economy. According to Japanese analyst consumer spending power has raised since introduction of bitcoin, in 2017 it has increased as much as 96 billion yen. Though Bank of Japan Governor said that speculation is increasing bitcoin`s price, economy is likely to boom in 2018. People have earned a lot in this speculated situation.

Physical money and digital money are totally different types. Both have their own advantages and disadvantages. Both currencies works on different platforms. Bitcoin currency is introduced to eliminate problems faced by common people performing banking operations. But bitcoin become more popular as asset or investment rather than a currency. So it will never create threat to physical currency.

Bitcoin a digital currency is still new to currency world. It will take time to get it settled. Since last two years bitcoin`s price is continuously rising. along with that bitcoin controversies. Bitcon is largely used in illegal trades. Ransomeware attack is the best example of it. Countries like Australia, Indonesia, Canada, China banned bitcoin, because of its use in drug trafficking , money laundering and also in terrorist activities. Sudden rise in bicoin price also started  discussions whether is a bubble and only speculators are investing in it. As a result many investors are scared of bitcoin currency.

It is always better to invest in bitcoin. Bitcoin has shown this from last one year, that it is the highest return giving currency. Bitcoin  was around $19500 in the middle of December. Now due to profit booking and year end festival season it has come down to $13000. Its a good opportunity for investors to jump in. Because investors who have booked their profits will again enter and start their buying. So this is the best time to buy bitcoin currency.

We cannot predict digital currency, whether go up or will go down. Price of cryptocurrency is determined by demand and supply ratio. When supply is more than demand then price will go down. Every year end markets all over the world goes down. People withdraw their money for celebration and festival purpose. Bitcoin investors have earned a lot in the last month. Now they are withdrawing their profits. Once this is over these investors starts buying again. Which will lead the bitcoin market go up.

Though bitcoin was introduced to reduce or eliminate banking operations from life of common man`s life, it is not made to eliminate banks. Banks and bitcoin are two separate entities. Banks have many functions to do. Bitcoin is a currency and a good investment asset. All above that all banks are centralised in nature controlled and sometimes manipulated by its regulating authority. Bitcoin is purely decentralised, autonomous currency owned by no one. If bitcoin starts as a bank it will lose its centralised nature. This may affect its popularity and have bad impact on its investments.

Continuously rising price of bitcoin is attracting more and more hackers towards it. For hackers hacking bitcoins is the only cheapest way to get bitcoins. Hackers cannot steal bitcoins from bitcoin`s security system blockchain. Bitcoin wallets are the only options to steal bitcoins. We must protect our wallets. Use only bitcon certified wallets. Keep your mobile`s security system updated , firmware and antivirus must remain on all the time. Never click on an unknown email or link. Each year million worth bitcoins get stolen from bitcoin wallets, its our duty to protect our valuable money.

2017 was really a breakthrough year for bitcoin currency. Many positive and negative events happened in this year. Bitcoin overcome these negative events and proved its worth in currency market. Predicting bitcoin is a difficult thing. Bitcoin is a decentralised currency, its movements are controlled only by demand and supply. So its price volatile from time to time. But still crypto experts are predicting their targets. Bitcoin will start raising its price since February 2018. If everything goes normal it will touch $30000 mark by the end of 2018. As predicted by cyber security expert John McAfee bitcoin is likely to cross $100000 mark in next ten years.

For bitcoin 2017 was a year of surprises.  At the beginning of the year bitcoin was $1000, it has touched $19600 mark and now settled $13000. Bitcoin investors have strong faith and confidence in their investments that is why bitcoin`s price is raising continuously. This progress will continue in 2018. Crypto experts have predicted new targets for bitcoin currency $20000. Some countries have banned bitcoin and some are planning to regulate the same. If bitcoin get regulated in coming year it may affect its progress.   

Bitcoin originally introduced as money. But now it is more popular as an asset or tool of investment. As a currency bitcoin is not popular though it is easy to operate, transaction charges and transaction speed both are less. Bitcoin has showed through its price, that it a best and highest return giving investment. Bitcoin investors have faith and trust in their investments. Even after ban from many countries these investors continued their trust. And bitcoin also given them good return on their investments.

Satoshi Nakamoto created bitcoin for all, its main purpose was to eliminate bank`s monopoly and give general people a easiest tool of transaction. Bitcoin is a decentralised, peer to peer operating currency. Any one irrespective of national, economical boundaries can use it, provided they must have basic setup required by bitcoin transaction. Currently bitcoin is more popular as asset or as an investment, its use as a currency is limited. Addition to that bitcoin price has increased to such an extent that it has gone out of the reach of common man.

After touching price tag of $19600 bitcoin price is continuously dropping. Creating fear in the minds of its investors. But this correction is normal in volatile currencies like bitcoin. There is no need to become panic. Instead of selling you have a good chance to buy more and more bitcoins. Bitcoin is a digital currency, having bright future ahead. Crypto experts have predicted new targets for bitcoin. I am sure it will cross all those targets and have good returns to its investors.

t is not advisable to do so, provided your present job is permanent and having you good income. It is possible to do both things at a time. If you have marketing job then bitcoin trading is not possible, but if have working in an office you can manage both things at a time. Bitcoin price is rising since last one year; it has already crossed $19000 mark. As a result volatility has increased a lot in this currency. Many countries are banning bitcoin currency for various reasons. As a result depending only on bitcoin currency is risky. But if are highly qualified person with experience in your job currier and have chances of getting a good job again then you can take a break to concentrate on bitcoin business. That is advisable.

There are more than 1000 cryptocurrencies in the world. They are more or less following the principles of bitcoin, their mother currency. Among them very few are popular one like Ethereum, Litecoin, Zcash, Dash, Ripple etc. Many of these altcoins have potentials to be like bitcoin. Currently they have value only because of bitcoin currency. If anything bad happens to bitcoins no investor will go and invest in these altcoins.

Every country has its own fiat currency. The economic structure of that country is built on the platform of that currency. When some digital currency gets introduced in that country, and people starts using it on large scale then the fiat currency of that country get disturbed. If no one is using it, its value starts decreasing. Government runs on taxes collected from its citizens. If people starts using digital currencies without control of government then then it will become difficult for the government to determine the tax amount. Same happened in Indonesia, and that is why Indonesian bank banned all cryptocurrencies

Many countries allowed bitcoin to function in their country. Later on finding misuse of bitcoin as well as its effect on their economy these countries banned bitcoin or decided to regulate the same. In my country government has allowed functioning of bitcoin exchanges. Bitcoin as a currency is not at all popular at my place. People prefer to invest in it as a long term asset. Trading in bitcoin currency is also popular. But still central bank is advising people not to invest or trade in bitcoin. Government is planning to regulate bitcoin currency. 

Bitcoin has crossed $19600 in this month, and after that dropped upto $14000 mark. Bitcoin is falling because its supply is more than its demand. Investors are selling bitcoins. Bitcoin is such a valuable currency, it has bright future still people are selling bitcoins. Bitcoin is the most liquid asset; whenever people need money people prefer bitcoins. Some people need money for some emergency and unexpected events.  Some are bitcoin traders the buy and sell regularly. Some have profit targets in their mind, whenever this price target his they sell bitcoins and book profit.

In 2017 bitcoin made a remarkable progress, in the end of the year it has come down to $14000 mark. If you look at the past of bitcoin it has made a constant progress, its price is rising continuously. I think same will continue in future. According to crypto experts bitcoin have bright future provided it will make some changes. Many countries are banning or planning to regulate bitcoin for security reasons, if this happens bitcoins autonomous nature will get disturbed. Bitcoins transaction charges are increasing with bitcoin price, bitcoin investors are not happy with these chares. In future these things may affect bitcoins popularity.