Well, digital currency like Bitcoin, in theory, cannot be controlled by governments, or by anybody for that matter. It’s a decentralized currency system with a fixed supply that is essentially run by robots/computers. It’s controlled by the source code that defines its rules of currency production. For Bitcoin, in example, only 21 million Bitcoins will ever be created. This number is hard coded into its blueprint/code.

its good to regulate digital currency because you can get yours profit regularly and have less chances of loss in digital currency

The banks that have declared bitcoin a no-go represent 69.2 percent of the American credit card market. While this represents an overwhelming front of opposition, there are still options available for those who wish to use credit cards for altcoin purchasing.

While the major banks in the U.S., the United Kingdom, and Australia have all signed on to banning credit card purchases for altcoins, Canada’s banks have not. While there has been no statement in support of altcoins and while the banks reserve the right to revisit the issue, the largest Canadian banks have indicated that they currently do not plan to restrict credit-line purchases for altcoins, barring that the merchant networks involved accept the transaction in the first place.

Bitcoin prediction 2018: Bitcoin and the cryptocurrency craze has had a rocky start to 2018 plunging to a two-month low of $7,695.10 according to CoinDesk.com

But that does not mean it is all bad news for the bitcoin. Here are some experts predictions on where the digital currency mania is going:

At the start of the year Blockchain Capital partner Spencer Bogart predicted that bitcoin’s price could rise to levels of up to $50,000 in 2018, over double its highest price in 2017.
Mr Bogart said he is most focused on Bitcoin in 2018. He said: “I can’t tell you exactly what’s going to happen with price and neither can anybody.

“But when I look out over the next 12 months, what I see is a significant supply and demand imbalance at the current price levels.

Imran Wasim, a financial analyst at AMSYS Group, told News BTC he was far from downbeat, predicting cryptocurrency will become “more mainstream” in 2018.

He added:It has dropped in price, this is good.

When the Bitcoin price falls or rises against the fiat currency, all the altcoins will usually follow. This is because all altcoin prices are based on their Bitcoin exchange rate, not their fiat currency exchange rate. The value of an altcoin in fiat currency is the value of the altcoin in Bitcoin and then Bitcoin’s value in that fiat currency. It is Bitcoin that strongly affects pricing.


With much of the market tied into Bitcoin, it makes it easy for the Bitcoin Futures contracts to manipulate the entire cryptocurrency market because it is not just the value of the altcoins is the value of the altcoins in relation to the value of bitcoin.

 I think people are going to be able to spend cryptocurrencies, like Bitcoin, in mainstream situations. Cryptocurrencies will eventually replace credit cards and will be something you can access on your phone. I actually think cryptocurrency will replace fiat currencies entirely.

7 safest wallet for cryptocurrency
KeepKey – Hardware Wallet.
Nano Ledger S – Hardware Wallet.
Trezor – Hardware Wallet.
Coinbase – Hot Wallet.
MyEtherWallet – Paper Wallet.
Jaxx — Software Wallet.
Electrum – Software Wallet.
 

Bitcoin has been around for almost a decade now, introduced back in 2008, the principal of Bitcoin being to remove intermediaries.The future of bitcoin was that There’s a long way to go before Bitcoin becomes a globally accepted form of currency, virtual or not, with some counties having outright banned the use of Bitcoin, though the number of countries are diminishing, with the wider issue being the lack of regulation on Bitcoin itself coupled with concerns over technology limitations.Technological development over the short to medium-term will certainly influence the value of the markets and, as a global regulatory landscape develops, we would expect the usage and demand to increase, driving the value, the types of returns that are not apparent with cash, still currently maintaining its ’Cash is King’ status.

Thats great news It’s worth noting that blockchain, as a decentralized system, could turn out to be very useful for Facebook. It can help the company in areas like identity verification, fraud detection, and making the platform safer.

Yes The distributed ledger designed to make each bitcoin account secure and accountable without the need for third parties, like banks, to be involved became for many participants a potential template for all future deposit saving and trading. yup