Now most states have not yet decided on the status of the Crypto-currency, and this time can indeed be used freely for various operations with crypto-alaite, including because these operations are not taxed yet. This time is very convenient in comparison with what conditions for circulation for crypto currency can be determined after the legalization of the crypto currency. This is particularly true of countries where further restrictions on crypto currency will be introduced.

As much as we do not want bitcoin to be a single global crypto currency, this will not happen, because bitcoin can not eliminate its high volatility. The global crypto-alaith can only be an adjustable centralized crypto currency, which will not have high volatility. It is the stable crypto-ala price that can be used in interstate settlements.
 Citizens, of course, can use any crypto currency, so they will later use different crypto currency with good functionality.

In Japan, bitcoin is recognized as a means of payment, not a legal legal currency. Now almost all states are also faced with the choice of recognizing or not recognizing crypto currency as a means of payment. The results of such decisions will be different and contradictory, since the crypto currency is a completely new and completely unexplored phenomenon. Crypto-alyuta should eventually go to all states, but for a long time it will have a different status.

The loss of the crypto currency is the reverse side of technological progress. In connection with the non-obviousness of the existence of a crypto currency, such a loss can occur under many circumstances. This is one of the weaknesses of the crypto currency. Already talking about the loss of access to about six million bitcoins. In the future this figure will only increase steadily. It is from this point of view that we can say that the crypto currency is not a reliable store of value and even money.

Everything will depend on the functionality of the bitcoin itself. Now we can see that he is not in his best form. Therefore, we can not even say how it will behave by the end of this year. However, it is not worthwhile to swing the world domination under any circumstances. Bitcoin did not appear to manage other currencies. He needs to coexist peacefully with them, only then he will be able to show his advantages and personal qualities.

Since one bitcoin is one hundred million satosh, then if one satosh is equal to one dollar, then bitcoin will cost one hundred million dollars. It is safe to say that bitcoin will never reach such a price. There will always be different situations, as a result of which bitcoin can not reach large price values. In addition, there will always be alarmists who, in difficult situations, will sell bitcoin and it will drop in price, down to a very low cost.

If you buy and hold bitcoin and this brings you a big profit, it does not mean that it will take a very long time. Up to a certain point, this is really so. However, in the end, you can have bitcoin with the cost of its initial pizza purchase. This is due to the fact that most people act about the same way and hold bitcoin. Since the offer for sale in the bitcoin market is very small, it grows in price. However, this situation can not last very long. It is the rise in the price of bitcoin and its high volatility that can play a cruel joke and provoke panic with the next temporary drop in the price of bitcoin. All those who do not have time to get their money out of bitcoin on time will lose, because it will not be able to recover to the previous high price.

We all know that most coins and tokens have a price dependence on bitcoin. We have seen how the whole market fell after the December drop in the bitcoin rate, while the market almost froze for four months. I believe that so far we do not have a full-fledged crypto currency market. It will be only when the price growth or fall of each coin or token will be determined by the peculiarities of the development of the individual project of this crypto currency, and not by the state of bitcoin at the given time. Each coin or token must have its own pricing policy. Until this happens, we can assume that we do not have a full-fledged crypto-currency market. And how do you feel about this?

We can not affect the panic. Each person has his own level of knowledge about the crypto currency, his emotions, temperament, type of character and much more. On the difficulties encountered, each reacts in its own way and therefore alarmists will always be. Perhaps, in due course their number will diminish due to the fact that people will already have more experience in relation to the crypto currency market, they will already know that a very strong drop in the crypto-currency market is normal and should not be afraid for their coins and tokens.

Bitcoin under no circumstances will not be able to destroy any country. However, if bitcoin will walk in the country as the sole means of payment, then, in my opinion, it may well disbalance the economy of this state because of its high volatility. To prevent this from happening, the crypto currency must go along with the national money of this state.

Bitcoin or ethereum can be used as a single world currency. However, in each country should remain their national money. Then the use of crypto currency for international settlements will not have negative effects. True, a lot of volatility will vseravno remain. I've read that last December an agreement was reached between Russia and Turkey on the delivery of barges of some goods and payment was made in bitcoin. The supply contract was concluded much earlier than December and if in December bitcoin rose sharply in price, then one party to the agreement won and the other lost. Would the state want to continue playing such a roulette table ?.

Yes, this strategy is pretty good and it will work successfully. Here, of course, you need to know the sense of proportion, not to succumb to excitement, otherwise you can lose your money. In any case, the sale at a temporary peak and the purchase of bitcoin on the decline of its price is much better than the usual long-term retention. Long-term retention is risky in that you can wait until the coin recedes to its original value.

Only retention of bitcoins or other crypto currencies really has many drawbacks. Even if you only hold bitcoin, it is possible that you can wait until it again falls to a very low cost. It is best to combine bitcoin with its trade when it either increases dramatically in price, or falls very low. To sell at peak prices and buy on a large recession would be very good for both you and bitcoin in general. Periodic trade brings good profits, and bitcoin with these actions stabilizes its course.

Money in the state should be so much that their value is equal to the sum of the gold and foreign currency reserve plus the value of the country's gross domestic product. If the state will print more money, inflation will increase, that is, the real value of this money will fall.
Crypto currency is special and does not fall under these general rules. It is not secured by anything and is not regulated by anyone, therefore it has such high volatility. Based on the nature of the crypto currency, it is unlikely that its volatility will ever diminish. Quite the contrary. the higher the price of a crypto currency, the higher will be its volatility.

This is already happening. We saw that exactly from the moment when bitcoin in December last year grew in price to twenty thousand dollars and clearly showed itself as a financial bubble, the Indian government began to warn its citizens about the danger of investing in bitcoin and the risks associated with crypto currency. After that, the Reserve Bank of India recommended that other banks stop providing services in the Crypto-currency. I think that this would not have been, had it not been for the sharp increase in the cost of bitcoin in December of last year. This will greatly complicate the process of legalization of the crypto currency by other states this year.

While bitcoin does not have too high a price, investing in it does not pose a special risk, and it brings a huge profit. However, when it reaches very high price values, then it will also represent an increased risk for investors. The likelihood of its sharp fall will increase due to various news information, and this can provoke a real panic, which, according to the chain reaction, can turn into bitcoins in partial or total devaluation.

Of course, the world's leading states can, if desired, greatly harm the circulation of the crypto currency by closing all the possible and under their jurisdiction crypto-exchange exchanges, exchangers, core sites and establishing responsibility for using crypto currency. However, in practice, such association of these states with the purpose of prohibiting crypto currency is hardly possible. In addition, the end of such attempts is difficult to say. People will always have the opportunity to use the crypto currency until the Internet exists and if at least one state allows the existence of crypto-exchange exchanges and exchangers on its territory.

Bitcoin in its value can go very far, until it once stopped a strong panic among its holders. Having begun, it provokes a chain reaction and will continue until bitcoin has dropped to the level of its first purchase with pizza, or even depreciated. Therefore, investing in bitcoin, you always need to remember about such a sad opportunity. You should always have spare sources of livelihood and always be ready to stop on time.
But with the altcoyines, with their relatively low prices and the constant in demand in connection with the performance by them, as a rule, of a number of specific functions, I do not see such a problem. Basically, they are very useful and must exist, constantly developing, for a very long time.

I think bitcoin and gold do not compare well with each other. These are completely different financial assets. Bitcoin is now growing in price due to the speculative demand for it and this is now favorably different from gold. However, gold is almost an eternal repository of value. About bitcoin, I can not say this yet. Gold can hardly ever depreciate. Bitcoin can theoretically depreciate for one or several days in the event of panic for various reasons, and therefore its value store may disappear at one point. Investing in bitcoin is still quite risky, which can not be said about gold.

Therefore, barter is almost non-existent on a global scale. With the advent of money, barter became ineffective. Barter again becomes a form of mutual settlement only if the money lose its credibility as a result of hyperinflation. However, if the state decides to switch to non-cash payment, a part of the population, I think, will have to switch to mutual settlement in kind, that is, in barter, because not all can use payment cards or crypto currency for various reasons.