People are investing their money in bitcoins , so now whenever they will need the money back, they will sell it.

And when its sold by High Net Individual who has more number of bitcoints to gain profits, then we will see the prices coming down.

The best ways to promote the Bitcoin site are as following:

Affiliate Marketing
Interaction with Bitcoin communities
Using industry-wide learning sites
Attendance at summits, conferences, forums, webinars
We've already told our customers how to use special offers to increase the profitability of the online casino project.

Bitcoin can be unpredictable, but everything goes as expected, it might cross 50000 dollars also. If in some case it does not grow dont worry you will not loose your 20k, you will definitely get some profits.
Cryptocurrency is an absolutely undefined area.

There are a lot of events unknown to us that can completely erase all forecasts.

Events, as experience shows, are almost always extraordinary.

They can be either favorable or not favorable.

But no one waits for them... no one adds up ... but they will always appear... You can see everything now: hacking of exchanges, regulation, bans, forks...

Look at the weather forecasts for the week ... how often do they come true?

Although metrology is a science... There are many factors that they can not take into account, and therefore they do not come true often. It is enough to change the direction of the wind... and the weather forecast can be changed.

The market is a crowd of madmen. Especially the digital assets market.

Bitcoins are ‘mined’ into existence. Mining is what the world calls the process of bringing them into circulation. Bitcoin mining involves both verifying transactions on the Blockchain and releasing new bitcoins (as the reward for the verification).

The process of mining involves an accumulation of recent transactions into blocks and trying to solve a cipher puzzle. The first participant to solve the puzzle gets to place the next block on the blockchain and claim his rewards. The mining reward which includes both transaction fees (paid to the miner through Bitcoins) and the newly released Bitcoin encourages competition in mining.

Since bitcoin mining is decentralized, anyone with a proper connection to the internet along with powerful enough hardware can participate in mining.

Use coupon “FBE200” during signup and get free bitcoin worth Rs 200.

I agree with Tom Mornini Bitcoin could stabilize if more people use it. When people have more faith in a currency it is likely going to be more stable in price, and when it is more stable in price people are going to have more faith in it. It is an endless circle.

When many people use it regularly, the block reward is lower, and the technology is more trusted, it will stabilize.

As we all know that every market involves risk and reward. So it is same for cryptocurrency too.

Let me tell you the risk involved in cryptocurrency trading:

1.Market Risk: Cryptocurrency faces problems with fluctuating value. If there is a decline in its acceptance across the world, then expect it to lose value and potentially become worthless.

2. Security Risk: Cryptocurrency is entirely digital, thus it’s not safe from hackers or criminals. Once they get your private encryption key and transfer the stolen Bitcoins/Other Coins to their accounts, it is permanent and irreversible.

3. Government Regulations: Various countries are now looking at the possibility of regulating the cryptocurrency, given its widespread adoption. But, the currency is being linked to various criminal transactions, forcing some governments to ban the usage and sale of Bitcoin. If national governments regulate Bitcoin, then it won’t be too dissimilar from physical money.

Hackers and thieves are always looking for their next victim; you certainly don't want to be in their line of vision. In fact, it's probably safer to just stay unassuming and keep your investment a secret.

The easiest way for you to lose your coins is if you just keep them on an unsecured and unsafe digital wallet. This includes leaving your crypto on your exchange wallets.

There have been many instances of trading platforms getting hacked. The most famous example is the Japanbased Mt Gox bitcoin exchange which was hacked in 2014. At the time, Mt Gox was the world's leading bitcoin exchange. Approximately 850,000 bitcoins were declared missing, and these totaled almost $450 million in 2014 dollars which, quite obviously, was already a significant
amount. In today's dollars, 850,000 bitcoins would be worth billions. Many people lost their fortunes in an instant, simply because they trusted the platform and didn’t move their bitcoins to more secure storage.

After the Mt Gox fiasco, bitcoin owners started being more careful with their cryptocurrencies, and paper wallets, and hardware wallets rose in popularity.

In terms of convenience, digital wallets are far more superior to paper or hardware wallets. All you need is an Internet connection, and you’d have access to your crypto. You could log in to any web browser or your mobile wallet, and
you can easily make purchases anytime you want. While storing small amounts of crypto in online wallets is perfectly fine, it's best if you move the bulk of your crypto-wealth to offline storage.

Yes, offline or cold storage is less convenient, but it's definitely safer for you and your cryptocurrencies. This is why hardware wallets are selling like hotcakes right now. It's the best of both worlds basically. You're storing your crypto
offline, but if you need to make a transaction, say, you want to transfer a few coins to your online wallet, you can do so quickly just by plugging it into your computer.

Hardware wallets are very secure, and so far, we haven't read any
reports of hardware wallets getting hacked. You do need to shell out some cash though, but when you consider what you’re electronically protecting, you can easily look beyond the price.

Like most things tech, the realm of cryptocurrency can be a bit complex to master and is still new to many. But the advantage of purchasing this currency is surely worth your investment in both time and money.

Bitcoin transactions are psuedonymous, but not actually anonymous. Essentially, your account has a number instead of a name (which, as you probably know, is also how bank accounts work in Switzerland).

There’s not any way to stop a bitcoin transaction (unless everyone in the world with powerful computers teamed up and agreed). If you tried to wire money to a hitman, the bank would tell the government and the government would tell the bank not to hand over the money. With Bitcoin, you could send money to anyone and no one can stop it.

However, if the government figures out which numbers/wallets belong to you, they could still trace the evidence that it was you who sent (or received) the money. Everything can be traced! There are other cryptocurrencies that don’t have a public ledger, however.

The value of Bitcoin will amaze everyone in near future. There are several reasons which are backing this :

Bitcoin is a decentralised currency with almost negligible transaction fees. Imagine the current scenario where Exchanges like Payza,Paypal takes upto weeks to transfer payment overseas. But with Bitcoin you can simply sent that payment within hours.
There is no central authority controlling Bitcoin so there is no chance of destabilising the economy by banks or sme other Government institutions as they do it today.
Demand will increase as the market cap on Bitcoin is 21 million and all the Bitcoins will come into existence. So there will be a drastic surge in the demand of Bitcoins in the near future which will increase the price of Bitcoins. As per http://Blochain.info the price of Bitcoin is going to hit 20000$ by end of 2017 !!

Information that enables you to access the coins that are in the blockchain.

So each coin always remains in an address on the blockchain - that means NONE of your cryptoassets is in your hard/soft wallet or in your exchange account.

The main point, you do not know on what address on blockchain are your coins, there are simply too many possibilities to guess the address.

So many, so much so that it is more likely that all of your electrons in your body are doing quantum tunneling, and you go through a wall and get out on the other side without ever touching the wall, then you finding an address on a blockchain by a chance.

Yes!

Chairman and Chief Executive Officer of Landry’s Inc., Tilman Fertitta is looking into the possibility of accepting the world’s largest cryptocurrency, Bitcoin as new form of payment in his prestigious restaurants.

In his own words, “We try to always be on the cutting edge”, he said. “If I’m a betting man, I’m expecting Bitcoin is here to stay”. “People say they are kind of invisble”, Fertitta added. “Well, all money is kind of invisible – its just a number on a paper. If you draw it out of a bank account, it’s the same thing”.

He is running one of the largest restaurant corporations in the United States.

Bitcoin is here to stay, 100%. Are you too late? Heck NO! Bitcoin will be the new Bank.

Bitcoin will hit $80.000 - $100.000 by the end of 2018. Let me tell you why.

In Q3- 2018 Bitcoin will implement the Lightning Network that will bring, among other changes, instantaneous and concurrent checks with transactions.

The problem is that for the past year, the average number of Bitcoin transactions per second has hovered around a mean of 3. This compares to Visa’s network, which can handle closer to 3,600 transactions per second.

And that’s not all. As the number of Bitcoin users increases, the transaction delays get even longer and the fees even higher.

The simple reason for these low transaction volumes is that Bitcoin’s block size is capped at 1MB. The Bitcoin community is torn about increasing the cap of the block, and there are arguments to both sides.

When Lightning becomes mainstream and is adopted by exchanges, Q3 2018, the Bitcoin price will skyrocket.

The technology behind the Lightning Network will improve upon the process by which Bitcoin transactions are validated. Currently, the process makes use of mining rigs, requiring that computers solve complicated math problems before the transactions can be recorded on the blockchain ledger. Because of the computing power required, a single transaction can take up to an hour to confirm.

With Lightning, however, this process would be significantly sped up. The Lightning Network would require that participants agree to transact on a separate, offline channel, and then the blockchain would update to reflect the external transaction.

There are 3 major sites that give free Satoshis (Bitcoin units) every 5 minutes by just simply entering the captcha to prove its a human transaction. Good thing about these sites are that they use common CoinPot so that you dont have to individual meet the minimum requirement to withdraw your Bitcoin. Felt good?

You need to have coinpot account to collect all Bitcoin in this single pot. Easy to open (2 minutes max). So hold your breath to know the top three sites that gives free Satoshis every 5–15 minutes

Bitfun - Nice way to accumulate Satoshis every 3 minutes.
MoonBit - Very easy to use interface. Gives daily bonuses and Mystery bonus
BonusBitcoin - Minimum time to wait to claim you Satoshis is 15 minutes but worth it anyways

The short answer is that the only limit to Bitcoin’s price is the amount of currency in circulation globally.

Let’s start with the mathematics.

There is currently $136,916,431,899 (137 Billion) invested into 16,695,212 (16.7 Million) BTC which equates to $8,200 per Bitcoin.

Near $140 billion seems like a massive amount, but let’s take some other investment markets into consideration:

There is over $1.2 QUADRILLION1 invested in derivatives globally.

The average daily volume on the foreign exchange market is around 5 trillion USD!

Global stock market is valued over 69 trillion USD. 3

The cryptocurrency market cap is currently USD 246,216,128 (246 Billion). In comparison to the other markets this is a fractional amount and has massive room for growth.

Back to Bitcoin, no-one can predict the future but let’s assume that 1 trillion gets invested in Bitcoin over the next year, we are also going to base this calculation on a fixed supply of 16.7 million BTC (this is a rough estimation how many BTC will be in circulation in 365 days.

Current Market Cap: 137 Billion

Additional Amount Invested: 1 Trillion

Supply: 16.7 Million

= USD 68,000 (to the nearest thousand).

Now let’s assume 10 trillion gets invested into BTC (less than 1/10 of the derivatives market).

Current Market Cap: 137 Billion

Additional Amount Invested: 10 Trillion

Supply: 16.7 Million

= USD 680,000 (to the nearest 10 thousand).

In order for each Bitcoin to be 1 Million the amount invested into 16.7 million would need to be 16.7 Trillion USD

While defiantly possible, I believe that Bitcoin reaching USD 1M is very unlikely, I believe that at the peak of the bubble Bitcoin will be near USD 100,000.

I wouldn't say that the U.S. media is obsessed, I'd day they are counter-obsessed.

And that's because there's an alliance between parts of the technocrati and libertarian communities who became originally obsessed, and as it turns out rightly so. Because however you tell the story to feature Silk Road and MT GOX Bitcoin has still been a remarkable success, moving from an idea in someone's head in 2009 to a functioning stateless currency at present.

So the corporate media, which by its incentives wants to protect legacy institutions and debunk anything new whatever its merits, has taken to presenting every bump in the Bitcoin road as the end of a crackpot idea. The tulip mania and ponzi schemes are invoked by financial writers because they can't grasp the underlying value of the Bitcoin protocol and because sensationalism sells.

1. Freedom of Payment : This is one of the biggest advantages of Bitcoins. One can easily send and receive Bitcoins anytime across the world.
2. Choose your Fees : While mining of Bitcoins, no fees is charged to receive Bitcoins. Transactions takes place between two end users. No role of third party comes into an existence.
3. Security : Bitcoin mining payments are much more secure as compared to other payment methods.
4. Transparent and Neutral : The information related to Bitcoin is all recorded on the block chain real time.

You should buy bitcoin because it is:

Inflation proof
still in its infancy
has cheaper transaction fees
much more secure and reliable
subject to capital gain without a cap limit value to fiat currency
eliminates third parties between you and your money
Faster (Time is more valuable than money)
The world is moving towards bitcoin/decentralized finance because it sees untapped potential within it.

Given that Bitcoin is designed in a way that the value of Bitcoin can only appreciate in long term scenarios, $1,000 worth of Bitcoin today might be worth $1,000,000 the next year and this makes everybody who hasn’t invested poorer than they already are at this stage, not to mention inflation hits over and over again.

No one can predict exactly,it is only an estimation.

July 17th 2010 bitcoin price was $0.05 (the price when it started TRADING)

28th Feb 2017 bitcoin price was $1177

Time interval between both dates is 2418 days or 79.497 months

then i took the 27th Feb 2017 price of ($1177) as a start date & price and using MS Excel's POWER Function in a spreadsheet projected it forward for the next 4 years, again assuming it ( the price ) will be doubling every 5.473 months ( which is historically what it did between July 17th 2010 and Feb 28th 2017)

which gives the following price predictions

March 1st 2018 - $5,403 per 1 BTC

March 1st 2019 - $24,699 per 1 BTC

March 1st 2020 - $112,699 per 1 BTC

March 1st 2021 - $516,115 Per 1 BTC

both scenarios assume that the price doubling is constant going forward , and yes i know it wont actually happen like that , but it a good excersise to see how close i end up being to my original scenario 1 & 2 predictions

Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! It is  'digital money'!
The New York Times wrote, Bitcoin is struggling with an image issue, as backers scramble to make it look safe and reliable. Insiders are starting to feel their confidence shaken as ongoing legal investigations widen their net.
As The Wall Street Journal reports, “some of [Bitcoin’s] staunchest defenders have been swept into the investigation, and the job of promoting bitcoin has turned into a crisis-management slog.”
This of course creates uncomfortable questions for Bitcoin, as even people well versed in this universe are at a loss to explain some of the recent high-profile problems.
It also begs the question of whether Bitcoin insiders should agitate for more regulation, as a means of preventing future issues and lending an air of stability and legitimacy to the currency, despite the laissez-faire capitalism ethos trumpeted by many in the industry.

Bitcoin has been created by a person or a group of persons under the name of Satoshi Nakamoto. It’s an alias.

Multiple persons claimed or were suspected to be Satoshi Nakamoto.

Many theories exist about the real identity of this/these person(s). One of them is that NSA knows who is behind BTC : Using stylometry, they compared the thousand of posts on internet Satoshi wrote before disappearing to datas they collected (and probably reduced to a short list of cryptography analysts active at this period).