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Bitcoin's market share which had hovered around 80% in past years have fallen below 50% now surprisingly.In the mean time,Ethereum's share has grown considerably.The increasing transaction fee might have made bitcoin investors to shift to other altcoins.But other altcoins have not been yet checked handling large number of transactions which bitcoin does every day.So,for bitcoin,in order to recover,transaction fees has to be reduced.
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Bitcoin demand is gradually increasing in south korea.It seems that south korea wood soon go beyond japan in bitcoin adoption.Due to heavy increase in demand for bitcoins,south korean bitcoin traders are facing buy orders of $4500.South korea would also contribute more for bitcoin progress and adoption all over the world just like japan.
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Sandeep Goenka, cofounder and chief operating officer at Zebpay said: “The increasing awareness of bitcoins worldwide, particularly about its revolutionary technology, has triggered a rally in the bitcoin market...Japan has now added itself to the list of countries that have regulations for bitcoins. Due to these positive factors, bitcoin prices have been showing tremendous strength.”  Meaning further rise! Japan being a technologically developed country accepting bitcoins legally has become an eye opener to other countries all over the world.It has created a great increase in demand for bitcoin.India too discussing on how to regulate bitcoin would soon join the rally.Now other countries would start thinking that if japan could do,then why not them?All these improvements would soon lead bitcoin price to $4000. |
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Do anybody know what Roger ver,the Antichrist of Bitcoin is doing now after the failure of BU?
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Crypto currencies would not make money disappear.Fiat money is being issued by appropriate governments and they frame necessary policies to make it withstand all economic problems.Crypto currency would become as a secondary payment option all over the world next to fiat currency.Even bitcoin is valued based on its fiat value of US dollars.
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Definitely,bitcoin is freedom of life.It has given financial freedom to thousands of individuals all over the world.It has freed normal people from the hands of bankers.No more dependence upon bankers for transactions and no more higher transaction fee.Bitcoin has become the worst nightmare to bankers.Despite their efforts to destroy bitcoin, it has successfully overcome all the obstacles and has revolutionized the world economy.
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Already switzerland is well known for its banks which does not give any details of its customers to any country.So,lots of money flow from all over the world towards swiss banks.It seems that they don't want to be late in adopting the newer technology bitcoin.Bitcoin payments can be made for any government works in switzerland here after.
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Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?
Already bitcoin is gaining attention all over the world and is considered that it would replace US dollars in the future.If USD falls,then definitely,investors would shift to bitcoins which would increase demand for bitcoins and it would result in increase in bitcoin price.Also,bitcoin would be valued against any other currencies like Euro,Yuan,etc. |
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Trading and investing are two aspects carried by investors to gain profits over a certain period of time.But both differ.Trading involves huge risks and gives huge returns.It is mostly done for a short duration of time,say a week or even a day.Investment involve low risks and gives low returns.It is done on a long term basis.Price fluctuations in the market doesnot affect long term investment.
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Can you really be sure you will profit unless you have insider info?
For trading,you should have thorough knowledge of crypto market.You should do financial analysis,read ANN threads of altcoins,see market cap,find who are big investors,find the most under valued coin and then invest.Also you should read various charts of one week,one day,one hour to find out the price movements.Then only,you would be able to do a successful trade. |
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Can Russia or China done such a thing to erase the dominance of the dollar over the world?
Generally, there are always governments behind such technologies. For example, StuxNet
If they had done it,then why should they first try to ban bitcoins and then start to regulate it.Bitcoin was created by satoshi not against US dollars,but to free people from banking sectors.But surprisingly,bitcoin is reducing the dominance of dollars world wide and it could replace dollars as global reserve currency in the future. |
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
BItcoin will be used by most people by 2020,but not by every one.There are still majority of world population in under developed countries who don't know about digital transactions.It would b hard for them to change to bitcoin transactions and it would take more time for all people to change to bitcoin transactions. |
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Few days ago there was a news, that Bitcoin will be legalized in Russia in 2018. So, I can't understand - if it can be legalized, does it mean that Bitcoin can be banned? If it's true - how does it possible?
Maybe there were some precedents, when government can block Bitcoin (any other cryptocurrencie) ? Cause if my understanding is correct, they need to disable all the Internet to stop Bitcoin.
Bitcoin could not be completely controlled or banned by any governments.Unless,internet is banned,bitcoin could not be banned.Regulating bitcoin means that they legalize bitcoin as payment option and hence every thing which is paid in bitcoins will be monitored by governments and taxed. |
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It seems to be a strange thing that china being dominant in bitcoin mining and its neighbour India have very less people who knows bitcoin.But things have started changing slowly.There is a discussion going on in government on how to regulate bitcoin.There has been a gradual increase in number of people using bitcoins in india.We could instantly change our bitcoins into cash using localbitcoins.com.
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Just recently got into BTC; I have 2.5 saved up. Plan on taking 25% of each of my paychecks and accumulating and seeing what will happen in 2017 or later in the year. Thoughts? Ideas? Speculation? Advice? Tips?  I saved around 0.35 btc when i was working in Dubai.But i spent all of it when i returned to my country.Now i am earning 0.015 btc weekly from signature campaign.My aim is to join the 21 BTC group to enjoy a retired life. |
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Its bitcoin investors who want to create panic among investors and make them sell all of their bitcoins so that they could buy bitcoins at cheaper price.Some times,altcoin investors also spread the news that bitcoin is dead in order to pump their altcoins and fill their pockets.
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If it happens,then only the country whose currency is used would flourish and dominate the world economy.Already we could see US dollars dominating the world economy.It has made US richer than any other country.If such one currency idea comes true,then no country would be able to control the currency according to their prevailing market situations.
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can someone explain this to me.
all btc eth etc ltc are nearly have double prıze at korea than the other exchanges.
for example eth ıs 170 dolar around at polo but ıts 280 around at korea. who ıs stupıd. korean buyers or polo sellers ??
Earlier japan adoption boosted bitcoin price but now its south korea's turn.South korea has already been friendly to crypto currencies and is now becoming a technology hub.South korean bitcoin traders are facing asking price of $4500 as demand for bitcoins is steadily rising.The region has become dedicated to bitcoin remittance and financial tech advancement.Some have said that bitcoin price varies high in south korea since south korea is moving towards a dept-fuelled bubble economy. |
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Right now i trying to mining a lot of coins, i thinking its mabey its good to save the coins like 6-12 mdr before selling it.
Can orther explain about its a good point else about the risk its to high to lose to lot on it?
If you are in desperate need for money,then sell it.Or else,if you can manage by any other means,then save it for the fortune future.Even you could become a millionaire if you hold 1 bitcoin in future.Just treat bitcoin as digital gold instead of digital cash. |
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Bankers have already tried a lot to destroy bitcoin,but they failed in all of their attempts since bitcoin works on a secured block chain system.Finally,they came forward to adopt block chain system and not bitcoin.They feared that they would loose their revenue from transactions and it has come true now.They would not try to print more currencies and buy bitcoins as it would increase bitcoin price more and it would devalue their currency's value.Bankers would loose their dominance in the market more in future.
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