In general, of course, you are right, but for the time being, fear that bitcoin will not recover in its value, or even die, there is no reason. Many proceed precisely from these considerations, stating. that bitcoin should recover. If after recovery Bitcoin continues to grow in value, the risk of investing in it will increase.

These days we really see a very large fall in the price of cryptocurrency and, perhaps, it is already the bottom in its fall. In any case, it is now worthwhile to gradually buy promising types of cryptocurrency and observe the future behavior of its price. Now is a very good time to invest in cryptocurrency.

Now it does not matter much what the price of ethereum will be and the coming time, if the fall in the cryptocurrency market continues. Ethereum was and remains one of the most promising coins among all cryptocurrencies. This was my opinion, so it remains now. The cryptocurrency market will grow, and the price of this coin will grow. Special hope for the implementation of the promised improvements in ethereum and, above all, to decide on its scalability.

I think so too. The period of the "wild" ICO ends, we will soon have to enter the stage of gradual regulation of the activities of the ICO and this will most likely be provided by the regulatory authorities of various states. Therefore, I hope that next year the popularity of ICO will grow and this activity will get rid of almost continuous fraud.

Now cryptocurrency is very low in price and this gives us all, including beginners, new opportunities to invest in cryptocurrency at these low prices. So joining the cryptocurrency will never be late. Cryptocurrency gives us another chance and it should be used without repeating past mistakes.

To identify multiple accounts, it is enough to use the check by IP-address. This is more effective and does not need to violate our privacy rights.
And what does KYC verification require for accreditation? In my opinion, this requires only the United States. Are so many ICO projects registered and conducted in the USA? Anonymous cryptocurrency has already begun to require the provision of much more confidential information than any other non-anonymous activity. Doesn't that seem to you?

Yes, the situation with checking KYC begins to reach the point of absurdity. Such verification is still justified for investors, especially those who invest heavily in ICO projects. However, for ICO generosity campaigners, who receive a small amount of free tokens for their services to promote the ICO project, KYC is in any case redundant.
This situation really resembles the purchase of goods in a trading company and it looks quite funny.

Such another sharp fall in Bitcoin and other cryptocurrencies as a whole will have a very negative impact on the future state of the cryptocurrency market. And due to these price events, I think that the price of Bitcoin will not grow very high. In any case, I do not think that Bitcoin will ever reach the price of even $ 50,000. Investors will already remember the possibility of a sharp fall in the cryptocurrency market and are unlikely to continue such a risky game.

I agree that the cryptocurrency idea itself is very interesting. However, judging by how quickly the price of Bitcoin is changing, of course, one cannot but agree that, in fact, this is a classic bubble, because Bitcoin has no economic rationale for the cost. With the same functionality, Bitcoin costs $ 20,000 and $ 4,000. This changes our understanding of the price of material objects in our world. Although, bitcoin is not material at all. He himself is virtual, leaving the material trail of his existence.

At least next year, Bitcoin should finally solve its overripe scalability problem, which still amounts to seven transactions per second. If he does not solve this problem, then he may be in big trouble. True, it remains to be seen how the current fall for Bitcoin will end, in general, its popularity is falling.

After the Altcoins have fallen in price by 90-99 percent, there is no point in selling them or exchanging them. Let it be better to lie before the rise of the cryptocurrency market. Perhaps some of them still work. I do not think that many of them will die, but it will take a lot of time to restore the cryptocurrency market. Does Bitcoin really go down to $ 1,500? And then what will be the price of ethereum? How will the ICO projects feel? There are a lot of questions.

Yes, this we have not seen for a long time. Bitcoin, according to CoinMarketCap, fell in price to $ 4,286 and has a capitalization of $ 74 billion, and ethereum has a price of only $ 124 with a capitalization of less than $ 13 billion. The fall is very strong and this, apparently, is not yet the limit. So far, hopes for the recovery of the market this year are very small. Probably, this will be one of the most unsuccessful years for cryptocurrency.

No, for the rest of the month it’s so much to grow in price - this is no longer possible under the current situation. Cryptocurrency holders and investors are now in a panic, no one will invest big money in Bitcoin now. Bitcoin capitalization has now fallen to a record 79 billion, although recently there was another 114 billion. Therefore, the forecast of $ 15,000 as the price of Bitcoin by the end of this year is an unfulfilled fantasy. It is still hard to say where Bitcoin will stop now in its fall. Perhaps he has already stopped, since he began to grow a little, and maybe he will continue his fall. It's hard to say anything now. One thing is clear - this year there will be no traditional growth of the cryptocurrency market.

After Bitcoin drops to the lowest level several times in price, it can then be stopped for a long term as a means of accumulating value and will finally be used as a means of payment. However, in this case it is still necessary for Bitcoin to legalize the state and develop the infrastructure for its direct use as a means of payment.

The big problem with generosity in ICO is that this area of activity remains practically unregulated and ICO teams unilaterally set any rules convenient for themselves for bounty hunters, including the right to change any rules at any time, that is for a game without any rules, and this is a hard dictate, which is unacceptable in the world of decentralized cryptocurrency. We need government regulation of ICO activities. Self-regulation is ineffective here.

Of course, banks will not rush to the issue of cryptocurrency. They will massively invest their capital in cryptocurrency only if there is maximum clarity in the rules of the game in this market. This will happen only after the states legalize cryptocurrency and establish clear rules for its circulation, which is quite normal.

Of course, the blockchain technology may well exist without cryptocurrency. Cryptocurrency is only one of the uses of this technology. However, it can be used and is used in many other cases where you need to safely store large databases in online mode, that is, in the mode of constant access to this database through the Internet by everyone.
For example, in my country, the blockchain technology is used by the Ministry of Justice to access citizens to information about the country's land cadastre data, that is, data on all land plots and their owners. For a small fee, any citizen can get an extract from the land cadastre on the state of any land plot in the country and it is very convenient.

Ethereum will grow, however, it seems that not soon. With such a fall in Bitcoin and its price dominance over other types of cryptocurrency, the Altcoins still have no chances for an increase in price. In addition, the fall in the near future may continue, and many predict this. Considering that this happens almost on the eve of the New Year, many cryptocurrency owners will be disappointed with such a fall, and then a new wave of cryptocurrency is waiting for us.

Before the cryptocurrency market grows, ICO will not have prospects for development. In addition, now the problem of fraud among ICO projects has become very serious, and here the issue of state regulation of this type of activity has long been ripe. In addition, many ICO teams are now trying to deceive bounty hunters by arranging, after the completion of ICO, false KYC checks in order not to pay the tokens earned by us. So many problems. Most likely, many bounty hunters will be forced to at least temporarily curtail their activities due to a drop in earnings.

In a recent ICO signature campaign, I received 96 thousand tokens that cost $ 57. So the sum of tokens has almost no value. Rather, in addition to the number of tokens earned, its price also plays a great role. Sometimes we earn a few hundred thousand tokens, but the token is still not traded on the stock exchange, and perhaps they will still be lying dead weight in the wallet.