Fluctuations and volatility are jus what make the market interesting. If you know how to play, you win. Else, you lose. It's that simple  |
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If the bitcoin really spread, the banks would become useless.
But before this becomes possible, they will surely find ways to control it and continue to make money.
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Banks are commercial entities that pursue profit, not charitable institutions.
If there is to be gained, you can be sure that they are the first to do so.
And the bulk of the profits will keep it for them.
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Sales of small investors are not enough to move the market. Obviously, in case of general panic there can be an influence, but the panic is rather the consequence of the collapse of prices that vice versa.
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If we are here on this forum, we are all convinced that bitcoin will have a great future. But at the moment it is too unstable, and then it is not known whether it will be replaced by another currency. Basing your old age on the bitcoin really seems risky.
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Volatility is a problem if we want to use crypto as a true payment tool, which needs stability.
But when investing, it is the volatility that allows the highest earnings. (and also the biggest losses, of course ...)
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Perhaps governments could kill crypts, or at least make their use illegal and dangerous. But they have no reason to do it, all they want is to control the game and tax profits.
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Everyone likes on one hand to have the guarantees of a correct functioning, and at the same time to maintain anonymity.
Unfortunately, this is not possible.
The regulation of the market can only go through the identification of the players.
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Bounties are a good thing for those who start from scratch and have no capital to invest, but now it has become really difficult to make a decent profit. So, it is better to switch to trading as soon as possible.
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Surely the crypts will end, like all things on this planet (and like the planet itself ...).
This does not prevent you from earning abundantly before their end ...
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The strength of a currency does not depend on its nominal value, but on its diffusion and its solidity. At the moment, bitcoin is still too unstable to be used as a reference currency. But maybe, in the future, ...
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What politicians declare - even when it is false or simply stupid - must be listened to, because in some way it pushes the market in one direction or another.
This does not obviously mean that it should be believed. But listened, yes.
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It seems to me that - apart from the current stasis of the market that has blocked everything a bit - the ICOs of success are many more. Then, of course, many are scams and many are badly managed. But there is always a good percentage of successes.
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Bitcoin is simply a type of currency, and in itself has nothing controversial. However, with the promise of freedom that he brings in itself, it is clear that many look at bitcoin with suspicion. But I think it will not take long for it to be generally accepted.
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It depends: it is clear that bitcoin can be used to pay bribes, but with the fact that every transaction remains registered forever, it is probably too risky. Cash is always better.
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Bitcoin means freedom, and any attempt at interference from the outside must be rejected. To regulate the blockchain, the software that manages it it's more than enough. If someone has improvements to propose, let him do it on the software.
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The crypto market - for those who know how to move - offers many more opportunities for gaining than forex, due to its high volatility.
But it is better to learn trading in forex, because it creates a solid base of knowledge.
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