Its nice to see people here asking this question makes me excited and feel proud about bitcoin. Presently, the bitcoin price is ranging near 5000$ mark and anything is possible based on geopolitical events. I am not confident that price may rise or drop but i m sure that one of the same will happen. When that happens, if it rises it may touch any figure between 7000$ to 8000$ or if it drops volatality would be more and expected to fall below 30%. Still lets see what happens but for sure buyers would be waiting eagerly for the drop and start buying at dips for getting good returns.

The main reason for not legalizing is that those countries have their prior importance to the local currency initially. Secondly, its not so easy for making bitcoin legal as the governments have to consult various sectors of business such as financial institutions, industrial sectors, fmcg markets, infrastructure markets & many more sectors etc. Many countries actually think that cryptocurrencies are basically being used for terrorist & money laundering activities as there the bitcoin is decentralized & nobody to control the transactions nor its limit. Many countries have to come on one platform to actually analyse the pros and cons to make it legal & also look at various aspects without creating any financial loss in the near future.

I personally advise people not to save all the bitcoin instead save 50% and spend 50% as we have to take care of our essential needs as well. Let us have the rest of the coins growing and build wealth for us. Even we can save more than 50% if there are no needs to be served and keep them building as and when we accumulate them. Still i urge everybody to have faith on the bitcoin and preserve them for a better future. I have advised many of my friends to do the same and they have been dng that since 6 months and seeing good results for the investment they have done. We have got still tons in the store and lets wait for the price to shoot up up and up.

Interesting question. I heard about bitcoins from few of my friends who were sitting in a restaurant and discussing their business plans wherein the topic of bitcoin suddenly arose and then went on to describe the complete details of the coins and understood how it functions and whats the scope of predcition in prices and its volatility pattern as well so as to lock in timely profits and re enter it a lower price , accordingly we can also say averaging. But now i hear about bitcoin wherever i go in online arena and feel that bitcoin is now recognized almost everywhere without any introduction. Its still the best coin to trade & invest and earn good profits.

I see many forum members quoting that always its the good time to buy anytime , i agree but slightly difference of opinion. Buying bitcoin i always goof at when it has major pullback especially 20-30% sometimes, even more higher it drops during more volatility. We should see when we get that percent pullback its higher chances to buy increases & the volumes also drastically drops for sellers. Keeping this in point of view , i strongly advise to have some money handy always and lock the buy positions of bitcoin whenever it drops like hell, thats the best strategy to store and increase the worth. keep buying and keep earning.

From my point of view, its not so easy to replace the banks system instead they can integrate with the banks or change the system & they can be used a w widely used currency only by collaboration.If we still think that banks will disappear , it may be wrong as they are the ones who provide services to most of the sectors and financial institutions as well. What i can see in the near future is the bitcoin will be used widely and banks will be insisting customers to use the bitcoin as a merchant payment option and still they can even earn revenue from that as well. Thats my forecast for now, however, bitcoin is not yet regulated everywhere.

The best way to spread is through the mouth publicity which keep s on extending throughout the areas we roam across. Still we can also tell the good things about the way bitcoin has performed well in Th e past few years in terms of investment and trading. i Still advise people to make their own analysis they want to inform their colleagues/fellow members/family etc.I also would like to tell them the digital transactions its capable of & saving of time as well .From the investment point of view , firsts always stable & will remain as long as volume is there in the market.The best thing is trade and earn or invest an earn, its the same thing.All the best for all of us , lets see where the price is headed and lets analyse and publicly declare the results.

Governments are the central agencies for controlling all financial institutions, keeping this in mind bitcoin is decentralized hence not controlled by anybody.Till the banks decide to take the bitcoin/cryptocurrencies under them such will be the impact of not using it legally. Still i see many countries trying to float this agenda across & bring these coins on board as many countries having infrastructure will be able to support the system but on the other side there are poor and under developed countries who cant afford the cost , such is the case why bitcoin is not used in most of the countries yet, still i see ray of hope in the coming years as we are going to live in the digital arena and we can overcome these difficulties.

I m not here to predict any price inflation or reduction, But i can only put my views here, there is a lot of potential to bitcoin growth in the future as usage of the same has been drastically increased in our daily life and hoping the same would grow day by day, I m predicting that the price would reach a exhaust point and then the price may become stable or increase more n more as well, in both the ways its good to the market makers n market users as from long term point of view markets would becomes cash free & from the shorter term digital transactions would increase day by day. I m keeping my fingers cross & waiting for a stable price which would benefit the banks especially in improving the economy of countries.

There are all chances that bitcoin may become the new money/digital money all over the world by 2030 as in most of the countries people are not aware of it nor its regulated. Still the advantages of bitcoin in real world/daily life would be more essential than used in the digital form , it can still be used for daily needs/paying taxes/against loans security etc. Only the matter wat concerns me is its high fluctuating value , people have to wait if it drops like hell & have to wait patiently to get their real investment back when it rises back. I would see this way, bitcoin would become a part of our life shortly.

First of all , bitcoin as of now cannot be made official nor in the long term as its not regulated nor taxable. To make it regulated, all countries have to bring banks in tandum with all types of cryptocurrencies to make it official and declare legal tender to enable most of the citizens to use these coins more effectively and more legally. Secondly, after banks, all banks have to then bring it as a deposit and withdrawal option as well at most of the merchants and open widely used ATM's as well to make more usage. But definetely, its going to affect the growth of bitcoin as usage will be more and value will be less, hence this is my logic. Still lets wait and watch.

I would look this way that once many of the merchants start accepting bitcoin as a payment option & a network is established globally, then the future is bright undoubtedly. But on the other side , regulations are not strong enough to make it happen which will certainly may happen in the future for making the digital transactions happen even from the banks side. Secondly, bitcoin has to increase the merchant database in various type of fields such as retail markets, software markets, infrastructure markets etc. which would definitely boost the value & help in securing more and more bitcoins for the future.

I see many people are still holding bitcoin expecting the prices to rise more and more. In between there was a slide of the price marginally, still many traders have bought buy positions considering the dips and will hold those positions as they have seen the similar kind of trend in the past. High rise were seen in the past when it dropped and many were still buying considering the asset value it has generated for its own. Bitcoin is modern day digital gold and people have started treating it as assets and the prices will rise much more in the future as i see the present scenario !!!!!!

This is a very tough question to answer , still i would put my views in this way. Many new tokens/coins are launching each and every day , its hard to predict which is going to be popular like bitcoin . However, based on the volatility or performance of the new coins fluctuation still would be on both sides and as bitcoin is the initial coin , still that would be treated as gold for sometime atleast for another 5 years , parallel other coins also will perform based on their company events or performance. For short term and good returns, new tokens would be great for good returns.

Bitcoins can earned by doing multiple campaigns for multiple bounties if you are found eligible matching their criteria.Majorly campaigns consists of applying signatures, promoting on social networking websites , blogs, print media , translation etc. There are different ways chosen by the concerned companies how they want to promote their coins before launch in exchanges. Once you start getting respective coins you can exchange the same for any coin u like & preserve them or sell them. Thats how the campaigning concept works out.

Very much possible !!!! Banks have to be made a viable mode for accepting and exchanging bitcoins instead which would definitely be a better way to make major of the digital currencies in reach. The main reason why they both cant work together would be that digital currencies arent controlled by anybody whereas the banks are controlled by regulatory bodies. Definitely it would be a good idea if they both work together which would boost the economy resulting in major investments diversified. Still would wait for the future and see what we have in the store.

Bitcoin will be majorly used as virtual currency for digital transactions as major of the countries still have not made bitcoin as the majorly used crypto currency as paper currency is still more important in daily life. For many of the regulated payments & taxes of governments , paper currency is mostly used .There is still ray of hope for bitcoin in the coming days as demand for the same is day by day booming & most of the merchants may also switch over to this soon. Lets hope for the best.

Bitcoin in today's date is treated as an asset by many of the cryptocurrency traders. Its fall in or rise in prices may be ignored for certain period of time as the rise of cryptocurrencies period has only started. Much more rise is expected in the price & we may see continuous rallies & corrections as well. Corrections only would be due to bring in more orders & establish the average price & then can we can expect some volatality in the future.

To be very honest, trading in cryptocurrency has definetely high volatality but at the same time maximum of the financial institutions are backing virtual & crypto currencies due to which even they are generating additional revenue . However, coming days/months/years the boom will still remain of using crypto currencies to large extent.