It still seems to me that there will always be high price volatility in this market. Yes, the higher the capitalization of bitcoin, the more difficult it is to move its price, this requires larger amounts to sell or buy bitcoins. However, it is also worth considering that the number of market participants will also increase, and the collusion of whales, panic in the market will always be. In addition, there is a significant difference in whether the price of bitcoin drops from $ 52 to $ 46, or from $ 52,000 to $ 46,000. Although the percentage drops are the same, in a purely practical sense, there is a big difference.

I also thought about it. We were all looking forward to the seventh of September to see how bitcoin would behave after it was officially recognized as the national currency of El Salvador. And it was on this day that bitcoin fell from $ 52,000 to $ 46,000. If you think logically, then such a drop in the price of bitcoin cannot be associated with the events in El Salvador. On this day, it is unlikely that significant payments were made in bitcoin with their subsequent sale, for example, for dollars.
Most likely, it was some group that threw out a significant amount of bitcoins for sale that day, because over the past week, bitcoin has grown decently in price. The only question remains: was September 7 by chance the date for this, or was it deliberately chosen to provoke panic among the inhabitants of El Salvador?

In any case, neither governments nor any other state or public authorities should interfere with the current situation with the mining of the PoW algorithm. There are arguments for and against their use, but this issue should be resolved by the cryptocurrency market, and not administratively.
States can resolve issues related to the release of video cards and, in general, any technical issues related to cryptocurrency. However, no one has the right to decide for citizens what types of activities they should be engaged in, if this activity is not prohibited by law.

However, it is also wrong to impose bitcoin on all residents of El Salvador and even apply sanctions for refusing to use it as a means of payment. We seem to be for freedom in means of payment and the creation of convenience in their use. Freedom is not combined with a lack of choice and methods of coercion to use only this and nothing else. Therefore, coercive measures to use bitcoin can provoke a backlash in people with its rejection. The already very rapid introduction of bitcoin as the only means of payment in the country has caused protests and approximately 70 percent of the population of El Salvador do not agree with these actions of the president. The situation with the rejection of bitcoin may still change, let's see what happens next. So far, Bitcoin has been officially introduced as a means of payment in El Salvador only since yesterday.

Yesterday I myself was looking for reasons why bitcoin and all other cryptocurrencies began to fall sharply in price. So, in the morning yesterday, the price of bitcoin was more than $ 52,700, but by the evening, and this morning, it is at the level of $ 46,500. A fall of over $ 6,000 and that's decent. Many cryptocurrencies fell in price by 20 percent or more yesterday.
It is unlikely that the reason indicated here is an interview with the official representative of the President of Russia, Peskov, that while Bitcoin cannot be recognized as a means of payment in this country, it could have such an impact on this market yesterday. In Russia, a law has been adopted that prohibits the use of cryptocurrency in Russia as a means of payment, and there are even rumors that it may also introduce criminal liability for its use. What else to expect from the authoritarian rule of the Putin regime?
Therefore, Peskov's interview does not change anything and is not a surprise. I think that the reason for yesterday's price drop in the cryptocurrency market is still there, and it is not related to Russia.

Yes, the accumulation period, that is, the purchase of cryptocurrency, was the best after the general fall in prices in this market in May. Then we saw the fall of the cryptocurrency by 70 percent or more. Bitcoin prices dropped to $ 30,000 and ethereum fell below $ 2,000. Now bitcoin has risen in price to 52,738 dollars, and ethereum to 3921 dollars. Those who did not manage to buy at low prices before that time have already lost part of their possible profit. Further, we expect that the second stage of the bull race, which was until May, will begin soon. Of course, it is still possible to accumulate cryptocurrency, because it should continue to grow in value. However, for the best profit, you need to buy cryptocurrency when it temporarily drops to the lowest price point.

In the near future, the most urbanized and technically developed countries with a high level of income of the population may abandon cash. However, even in this case, I am not sure that this experiment will be successful. We see from the example of El Salvador that the population, especially the elderly, are not yet ready to switch completely to the use of digital currency, even if they are decentralized. I want to say that people will only lose from the transition to digital fiat. After all, cash is the least tracked by governments. Therefore, I am not happy with the statements that in 5-10 years we can switch to using only digital money. Of course, digital fiat will go anyway.

It can hardly be said that the Chinese authorities suppress innovation in their country. Quite the opposite: in China, useful innovations are tracked quite clearly and immediately implements them into practical life. Thanks to this, their economies are developing very quickly. We can see this in the example of the fact that the largest number of patents for inventions using blockchain have been issued there. Yes, they do not really welcome the spread of cryptocurrency and are now taking tougher measures against it before the release of their digitized yuan, so that it is more comfortable to spread in the country. Well, China has always chosen its own way of developing its economy.

People are now seeing rapid and real climate change on our planet, and this is what is already forcing states and their governments to take appropriate measures to reduce the influence of people on this already almost irreversible process. Now many countries, especially Europe, are adopting programs to replace carbohydrate energy sources with renewable sources in order to reduce the negative human impact on the environment. When a person faces a choice: to die or or to switch to other sources of energy, finally, the monopoly of those who are behind the extraction of oil, coal and gas can be moved.
In addition, technologies for the extraction of renewable energy sources are now rapidly becoming cheaper and therefore we can say that the future belongs to these technologies.

We will soon see an ethereum price of $ 5,000, however, this is unlikely to happen this month. Usually, the cryptocurrency has been gaining a good rate of price growth since October. I think we will see similar price movements this year as well. It is likely that the current rise in the ethereum price will not be sustained this month. At the same time, cryptocurrency price movements are more unpredictable, so any options are possible.

Of course not. Now the price of ethereum is close to $ 4,000 and is $ 3,961. Perhaps tomorrow or the day after tomorrow we will see the ethereum price even higher than $ 4,000, but nothing significant will happen. In the spring, this coin has already reached a price of about $ 4,400. She has no chance to bypass bitcoin yet. Some predict that in terms of capitalization and price dominance, ethereum will be able to bypass bitcoin, but these are questions for the near future. The price of the coin does not really matter here.

In my opinion, the introduction of bitcoin as the national currency of El Salvador will begin only this month. The population does not yet have any experience in using bitcoin as a national currency. However, everything new is often not accepted by people, especially when it comes to finances and people of retirement age. This category of people wants peace of mind, not experimentation and the dedication of a significant amount of their time in order to figure out how to use this new financial phenomenon for them. This is still the first impression of people. Let's see what will happen next. The whole world is watching this experiment of the El Salvadorian authorities.

I think that given the successful update of the ethereum network, we can quite see the price of this coin at $ 5,000 even this year. We see that the price of ethereum has risen by 20 percent over the past week and is now over $ 3,700. And this is at a time when it is impossible to say about a decent general rise in prices in the cryptocurrency market. Since October, the market usually has a high price increase. Apparently, this autumn will be no exception. Hopefully in the coming years ethereum will rise to $ 10,000 or more.

Bitcoin and Ethereum can be compared in terms of capitalization and price dominance. In this regard, you can see that the position of ethereum is gradually improving. Bitcoin's dominance rate has recently dropped to 42 percent, while ethereum's dominance has risen to 20 percent. The Ethereum network continues to update and this is yielding definite results. However, the ethereum coin is still far from Bitcoin. So far, bitcoin is the undisputed leader of the cryptocurrency.

First, I would not use the word "crash" for the possible development of events in this market. The situation is not so bad and hopeless as to use this term. Moreover, I think that in the fall we will see a new stage of good price growth in this market. Autumn, starting from the end of September, beginning of October, is traditionally characterized by a good rise in prices. Now there are the necessary prerequisites for this. True, if we don't hear any bad news for cryptocurrency. In October, the FATF, on behalf of the G20 countries, may prepare measures to further strengthen the regulation of cryptocurrency, and this may have a negative impact on this market. However, let's hope for the best.

It is clear that the ethereum price will rise this year and next. Especially if the network update, which has been going on for nine months, continues to be successful. Already, we are seeing an impressive rise in this coin compared to the price movements of bitcoin. Now the CoinMarketCap table shows that over the past 24 hours the price of bitcoin has dropped by 0.45 percent, and over the last week it has increased by 0.32 percent as a whole. That is, we can say that the price of bitcoin stands still. At the same time, the price of ethereum has increased by 3.29 percent over the past 24 hours, and by 12.55 percent over the week and now stands at $ 3,540. Pretty good considering that after the May market drop, the ethereum price dropped below $ 2,000.
If we see a significant overall rise in prices in the cryptocurrency market in the fall, then the price of ethereum by January 2022 may even exceed $ 5,000.

It seems that because of the Taliban, all the neighboring countries of Afghanistan will be in a fever due to the possibility of military and terrorist actions in this region. After the Taliban seized power in Afghanistan, the activities of various radical Islamist groups will intensify and the hotbed of tension in this region will inevitably grow. In response, the United States and other states will also take appropriate military measures and it is difficult to even imagine what this might lead to. A significant part of the active members of the Taliban consists of Uzbeks and other nationalities of Central Asia, and this military center can be transferred there as well. If this happens, then Russia will also be involved.
Therefore, difficulties will soon arise not only for Pakistan.

Even though the price of Cardano is still continuing to rise, I was disappointed in this coin when I learned that this coin can be locked right in the wallet due to the fact that we will not provide our KYC. I am not so afraid of KYC as I am of failures in accepting information and certain requirements in its acceptance that will be difficult to fulfill. There is a lot of really decentralized good cryptocurrency in this market that is worth using.
 As for the period of the next rise in prices in the cryptocurrency market, this is unlikely to be possible in September. Perhaps towards the end of this month. Usually good price increases start in October. However, there may be exceptions to the general rules.

Yes, these coins can only be used for a very short time due to the hype. In the future, such coins will inevitably fall and no longer rise. Anyway, already so high. There, the situation with their prices can change very quickly, so I do not risk dealing with them. I prefer those coins and tokens that have a long-term prospect of development and growth.

If in March the price dominance of Ethereum was 11.5 percent, then now the dominance of this coin is 18 percent, and recently it reached 20 percent. This clearly indicates the growing role of ethereum in the cryptocurrency market. After the completion of the ongoing update of the Ethereum network for nine months, its price should also increase significantly. So, of course, she was and remains the leader of altcoins.