It's definitely possible for a certain cryptocurrency to attain this level of adoption. Is it guaranteed though? Definitely not. Who knows? The sort of "global currency" probably wouldn't even be decentralized, probably something like PayPal. Also, who knows? If it we're to be a decentralized cryptocurrency, it might not even be bitcoin. It's just pretty early to say for sure.
Well one currency in a one world is really didnt exist or not done through rather,I think this things is really hard to happen because we are really living in a differrent country with a differrent rule and in a different ways of law .We are living in a one world with a different country and with a different government tahtvis why i really didnt believe that one world one currency didnt really exist . Currency and culture are the biggest difference for every country. Correct that laws are also the hindrance to it. Its impossible to implement a one currency for the world because of this
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So 2017 proved to be the best for the bitcoin till now but still the great Officials of many companies are busy in predicting the greater roadmap of btc in 2018 and so on so will it be possible for bitcoin to go more and more high ?
Yes, when financial institutions did not play, first step to buy btc is obviously wise, however, when most of the Wall Street financial institutions began to invest then began to sell the btc. Financial institutions would have great impact in bitcoin market like CME which already have opened bitcoin future in the market. From CME entering crypto market, the cap continously increase. For this coming year if another institution would invest, the greater price of bitcoin would happen again.
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This week, bitcoin's price gets low. Based on the article that i read, it says thats they cant trace the reason why its getting low. They said it might be because some used to hack and mine bitcoins. They also said that maybe it was because there are new cryptos. What do you think is the main reason? Do you think its price will still rise?
yes you are right bitcoin already go to the stage where its price is already stuck and too high it just wait bitcoin price dropped drastically back to.price around $ 9000 and will raise the price of altcoin that exists because of factor of bitcoin price reduction. this is called price correction. when bitcoin prices start to stall, that means they start a price correction by adjusting the bitcoin and altcoin prices, so there's a price gap between the two, if for a drastic price reduction. I do not think this will happen This was a way to get the price of altcoins to catch up with btc price. If bitcoin will continue to rocket, altcoins will be under value and the market will be too unhealthy for trading which is today correction was happening.
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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.
Changes are inevitable specially in a volatile market like cryptocurrency. Many competitors are now making platforms that want to surpass bitcoin. Why just surpass bitcoin? Developers of blockchain must work together in improving its performance which can make it more competitive in the market rather that pulling it down by other alts. Bitcoin will be the most resourceful crypto in the market if that will happen.
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Hey guys,
I believe I already know the answer, but I want to make sure...
Should I pull my money from the exchanges (bittrex and Binance) and put it in my cold wallet for the fork to make sure I get the b2x coins?
It's currently on profit trailer's bot mercy, but I will sell them and convert to BTC if I must.
Thanks
For this coming fork, your idea was great. Rather than waiting for the announcement of these exchangers that they will support every fork of Bitcoin. Some of them really announces late because of this. Hope I could also buy a wallet for cold storage too. But still good luck to your plan.
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I don't think so and is there really a need to do so? I mean what will we benefit if Fiat Currency does not exist anymore? When you look at it we are already living in a world were we can pay without using any cash anymore even before cryptocurrency existed payment methods such as Credit Cards and Paypal made is possible. Fiat currency is still there because all of the payment methods we are using are always based on Fiat Currency.
Never it will possible that physical money will disappear but yea its true that value of physical money will decrease as compare to now because world is developing very fast and electronic money is easy to used and also process is very fast while electronic money is more secure to physical money. so more people will want to use digital money as compare to physical money. It will depend on the accessibility of the place specially with areas that don't have internet and a very remote areas like provinces that usually use physical money to buy they common necessities. Although, electronically transfer or paying with bitcoin is very convenient, it also has its limitations.
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definitely... we saw the grace run from time to time... and in 6months period it will surely go $10k..
Yes, i also witnessed the price change of bitcoin from time to time since i started here until now. And hoping to increase it at $10000 soon. Yes why not but bitcoin have a bright future according to me and the reason behind is that the price of bitcoin is going increasing with time and the reason of increasing price is due to increasing investment in bitcoin by their users and in future it will be increased more because of good performance of bitcoin. Bitcoin has no doubt a wonderful future not only in terms of its reputation in the international market but also in term of having more number of investors from all over the world. Bitcoin is going to make our lives far better than our present lives and it will for sure play a very significant role in making the economic condition of this world better by providing more number of people better opportunities of making more money. Opportunities will be more greater if you would invest a portion of it to altcoins which are very interesting today rather than bitcoin only. Others may not surpass bitcoin buts its potential of growing and making a profit out of it is greater than bitcoin which is really at high value today. Reputation is the key why bitcoin run at the top. Hope it will sustains its development which I think will benefit all of us in the future.
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I would prefer bittrex because this is what I am using this past 9 months. Currently I am trying other exchangers because most of my bounties are given from exchangers like cryptopia, hitbtc, and etherdelta which are the fastest exchangers for the new ICO that are commonly listed. For binance, i havent tried it before. but hopefully gonna try it next year if my trades would increase from bittrex.
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I tried many times but failed because they thought I was cheating and they thought Bitcoin was illegal. At the time, if they accepted my offer, they would now become billionaires. I always try to explain to them about Bitcoin but it seems they are stubborn and do not care what I do. They argue that it is just a virtual currency and not worth living in the present
Its ard to convince anybody, I saw bitcoin in the news this year sadly. But that's the point if you are first you earn a lot by keeping the idea alive that's why the greater reward comes from. Good luck to you and don't listen to naysayers. That are some black proganda making bitcoin to collapsed. Of they have planning towards bitcoin will only fails because bitcoin have fully established in the minds of the people and they absolutely defend bitcoin from falling. The communities fully support will boost cryptocurrency to become strong and make it alive. Bitcoin has very clear examples of changing lives of people and there are many evidences which support this thing that bitcoin has tendency of making you rich in short time. I have seen many people who are inspiration for others because they had simply trusted bitcoin and are now living their dream lives. We also just need to believe in this coin and within short span, it will change our financial status. I am also waiting desperately for bitcoin hitting 1 million dollars because that would make me a billionaire at least in my country. Indeed, if we look at the history of bitcoin, bitcoin has been increasing in value since last many months and it does not has decreased even once badly in value. There are many reasons which are making bitcoin rise in value all the time and major one is the increase in number of investors. Wow that to big to accomplish with 1 million dollars. It would be difficult to turn that to a million, we were already almost at $20k but I think a million is more than possible. Think of the limited supply of bitcoin and how many currency are present today. There are diffeerent variety of coins are being separated for every investors that are coming that why 1 million dollars is impossible.
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why invest in bitcoin when u can invest in real stocks market?
We can invest to both Bitcoin and Stock market. Stock market is secured and regulated by the Government for the protection of investors. Also, you will have a hard copy as a proof that you have invested capital stocks to them. However, the downsides are, the costs are too high, so many forms to fill out and it takes time to process which is hassle on investors side. On the other hand, Bitcoin is a new virtual currency that you can invest thru online by only using your cellphone and internet. Hassle free and only had small fees that you can invest your money to Bitcoin or other crypto at any time and place. However, the disadvantages are, not secured and might be hacked. The Government must implemanted rules and regulations for the security of investors so that they well be at ease of not losing their money. Moreover, we can earn additional income thru trading aside from our bi-monthly salary at work. In my opinion, there's nothing wrong of doing both investments for as long as your plan is to make your money grow for your future and family than to buy unnecessary things. Yeah you are right. Stock market is secured but for that one should have a lot of experience and it is also full of uncertainly because one can lose his money in minutes due to the unstable market position of a certain thing while Bitcoin is decentralized but for the people it is very good investment due to the growing prices day by day and I think that ordinary people will prefer Bitcoin instead of stock market because no experience is required for investment. Also, we can invest a small amount in our everyday trade in cryptocurrency. In stocks, brokers are still needed for it unlike in our trading, you will only need your self and a computer in which we can all afford
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