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You should not compare other coin to Bitcoin, remember the price of altcoins depends also to the price of Bitcoin. Bitcoin remain number 1 even a lot of coins has the potential to increase the price. Always remeber Bitcoin will not die but it will multiply the price.
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I’d say it’s good news for us, the more companies that are competing to provide software/hardware the cheaper the prices will get from the competition. Its good for bitcoin as well now competition will be more between the companies.
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It's difficult for Bitcoin to accomplish it's objectives. There are a great deal of desires for Bitcoin's development in this year, however we're waiting for it. Numerous Bitcoin financial specialists are feeling extremely discouraged.
I imagine that if the Cryptocurrency advertise is unclear but grow bigger, there will be a great deal of merchants offering Bitcoin. Expectation this won't occur.
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In my opinion that Altcoins are still dependent with Bitcoin. We can prove that by looking at the most recent bearish market. Bitcoin's price is also dragging down the Altcoin market. Altcoins are still growing and maybe in the near future, there is a huge possibility that they will take control of the market. For now, I can conclude that Bitcoin is still on top.
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Crypto economy is inseparable from traditional economy. If it was completely independent, we wouldn’t count the value of crypto coins in dollar equivalent. Fiat money was here for too long and it wouldn’t disappear in one second, giving up position to digital currency. So, at least for some time, these two contradicting systems: old and new, must cooperate to provide people with convenient financial solution. And that is impossible without regulation.
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Price movement often decreases continuously and it can't lead to the higher direction such as price movements in the past year, this makes more many people like already frustrate, and judge. that it's over. But behind that's all, anyhow it hasn't ensured that would be more and more people will no longer trust in Bitcoin, it's not over yet.
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When many users are transacting bitcoins it causes some delay which also can be experienced in other Altcoins but in in general there are some Altcoins that are getting faster and competitive against bitcoins.
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You should recognize first and see the platform on that parties, consider to read and research. If its nice to participate on that ico then you must if its something wrong dont deals on that, and its your own decision always careful in dealings or work on that.
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Absolutely no, it's still far from there. The primary goal of Bitcoin was to provide the people a mode of payment that will remove all layers in between, thus the peer-to-peer system. However, it turned out that there are some issues that have to be addressed first before this goal will meet its success. Not least of these issues is about transaction fees. You cannot expect Bitcoin to become the main currency of the people if high fees are extracted from the users in every single transaction.
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I can say that there is some project startup that is working to address this. Currently, Bitcoin lightening network allow transaction with moderately small fees. also from experience the transaction fee paid depend on the type of wallet you are using and how fast you want your coin to be delivered. The fee can be reduced but the transaction rate will be slower.
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There are so many discussions going on around the bitcoin that sooner or later everyone would want to enjoy those opportunities that it suggests. We just need to cope with all fake news that mass media keeps spreading about the bitcoin.
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This is impossible. ETH is very similar to bitcoin. Even if they disappear almost, they will go back to the top in the future.
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Simply, if you need money badly then sell out of it. I know we take effort for it but if we really need it then this will be the least we can do for now. But if you don't need money, then just hold it until it have a such amount. Personally, I hold every coins that I get because every bounty that I joined is worth everything. And now I joined EON Protocol, there's no way to sell this because this is long term project and I don't want to regret it seeing go to the moon without me. Our bounty is still running so everyone can still hop in and join our growing community.
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