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In digital era like nowadays, bitcoin have big contributions in investations and medium of exchange. Bitcoin was coming and giving chance to change the economical world with its convenient use. By using bitcoin, people can get more profits in investation and payment method in the same time. I am sure that bitcoin will changed the world in short or long time in the future.
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Some altcoins are scams and i think its a greedy ways of the developers to make money. And i don't see high possibility that altcoin can replace bitcoin as top cryptocurrency in short time. Bitcoin is the first cryptocurrency and its price is higher than other coin today. So i think the possibility of altcoin can replace bitcoin is small. But, i still think that there is no one can predict the future of cryptocurrencies appropriately. There is some good thread which talk about comparison of altcoin and bitcoin like https://bitcointalk.org/index.php?topic=1870316.0We can read other people's opinions about it to increase knowledge about cryptocurrency.
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I am very sure that bitcoin price will sky-rocket in 5 years. We can see how the rise of bitcoin in last 5 years. In October 2012, bitcoin price was $11 and now is $5900 with percentages of increase is 53,636 %. That was happened in just 5 years. That was a great increased of bitcoin price so i think the same thing will happened in the future.
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Yes, it is right time to see the dip of bitcoin and buy bitcoin to get more profit in end of 2017. I am so sure that bitcoin price will reached up to $6000-$8000 in end of 2017.
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Bitcoin will not replace gold. Gold still valuable and people's demand of gold will not replaced. Gold not only use as investment. Gold can use as jewelry, electronic components, etc. So that is make gold always valuable.
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Main thing that some countries banned bitcoin because of its system is decentralize and anonymous so there is no one can control it. I also have heard that the Russian central bank warned that the use of bitcoin is a potential source of money laundering and a funding route for terrorist activities (maybe you can read more opinion about bitcoin and terrorism in thread https://bitcointalk.org/index.php?topic=1857386.0) because the transaction system used by bitcoin is anonymous. There are some consideration of the government to legalize bitcoin. Some of these things can harm the country, even though bitcoin also offers some advantages on the other side. Each system has its own disadvantages and advantages.
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In essence, bitcoin was made with the purpose of being an alternative worldwide currency. But as currency, bitcoin needs stabilize its price because one of the requirement of currency is having a stable price. Because of bitcoin price volatility, i think it doesn't have profitable as medium of exchange. So for now, most people are use bitcoin as an investment.
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That is possible. Bitcoin just need to rise $400 to reach $6000 mark today. There is possibility that bitcoin price will keep increased before fork. And after fork, i think bitcoin price will get some decreased and it will need short time to back into previous price. So bitcoin price will reached up to $6000-$8000 in end of 2017.
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Bitcoin will be more popular than now and still stand as top cryptocurrency. I think there are shopping sites will used bitcoin as medium of exchange. That just needs a few time to realized. So bitcoin price will increase when bitcoin attracts more attention as medium of exchange.
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You are right. When i see bitcoin price is decrease 5% today, i think you have choosed the right choice. Maybe bitcoin price can decrease in $4800-$5000. That is so risky if you still hold bitcoin. If it will decrease again, you can buy bitcoin and get more profit again. That is a good plan.
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Who will removed bitcoin from system? I don't think it will be ended or removed. Bitcoin have decentralized system. There is nobody can control it. That is can remove if all countries have banned bitcoin, so there is no people use it. Bitcoin price still keep increasing and i am sure that bitcoin will more famous in the future. And we are live in digital era. Naturally, bitcoin is come to provide ease in transactions in this era.
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Bitcoin price is already reach $5500 today. It is past your prediction and will keep rising up to $8000-$10000. After hard fork bitcoin will increased significantly and it may past my own prediction $7000 in end of this year. Lately, the increase of bitcoin price is very good. Just hold and wait until bitcoin price reach max amount in this year.
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Everything is possible. There is possibility that altcoin can replace bitcoin as top of cryptocurrency. But i don't think that will be easy to replace it. Bitcoin is the first cryptocurrency and its price is higher than other coin today. In present days, altcoin which have a price near the bitcoin price ($5573) is ethereum ($334). Ethereum have a huge price difference compared bitcoin. So the possibility of altcoin to replace bitcoin is small.
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Bitcoin price can reach $5300 today with percentages of increase up to 10%. It is very surprising. I have never seen such a significant increase of bitcoin price since i join this forum in 4 months ago. It will still increased up to $6000-$7000 in end of 2017.
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That is very good news. I have seen that bitcoin price reach $5300 today. I am very happy when i know that. I never saw bitcoin price was increased up to 10% since i used bitcoin. I am very sure that bitcoin price will reach $6000 or above in end of this year.
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Yes, i do check bitcoin price everyday. That is main rule of investment. That is so important to know how the growing of bitcoin price. So, i can choose the next step in investing bitcoin.
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I do think so. Bitcoin will reach $6k mark in end of this year. And we will see bitcoin price will reach $5k in end of october. I have see bitcoin price still go up and all altcoins go down yesterday. That was a good news for me and i can trust that bitcoin price will increased like you said.
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You can start invest your money in bitcoin first because bitcoin have more profit than other coin. Bitcoin is stand in top of cryptocurrency with increase of its price is so fast. You can read other opinions about why bitcoin is good investment in thread below. https://bitcointalk.org/index.php?topic=1631600.0
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Of course, bitcoin is not gambling. Bitcoin is play a role as a currency and an investation. They are just people who don't know about bitcoin. You must explain to them how bitcoin's system does work. Like offline job, we can work to get bitcoin as payment and like gold, we can invest money in bitcoin.
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