The emergence of a single exchange of crypto currency in Moscow does not mean that Russia has taken the path of adopting a crypto currency. Do not forget that in the State Duma of Russia there is a bill on the establishment of criminal liability for any operations with crypto currency and representatives of the Ministry of Justice explain this step by the fact that the Constitution of the country recognizes as a single means of payment only the ruble, and therefore the emergence of crypto currency as a means of payment violates the Constitution . While all this will not be considered and specific laws will not be adopted, it is too early to say anything about a specific course in Russia.

I do not yet see any direct attempts by states to regulate bitcoin by an administrative method. Perhaps some state bodies discussed this possibility, but they did not find a way to directly influence it. While some states either prohibit the circulation of bitcoins and other crypto-currencies in their country, or allow them to walk for some time in the country without legalization, or legalize it. Maybe the states are still looking for ways to influence bitcoin and the regulation of the crypto currency is yet to come. We still have to wait for the results of the legalization of the crypto currency, and then it will be seen.

From the point of view of individual citizens, bitcoin can be considered an international currency, since it provides an opportunity to transfer money to any point of the globe anonymously and without any control from the state or any third parties. From the point of view of states, bitcoin is not yet an interstate currency, since it is used very little as money under international trade agreements. I just heard about such an agreement between Russia and Turkey in December last year.

Transition from cash to use non-cash payments is possible only in a high-tech society with high incomes. Sweden, as generally meeting these criteria, can try to give up cash. and we'll see how it works out. I personally doubt this possibility. In my country, I think it would be impossible, because not everyone is ready to go psychologically to the use of non-cash settlements and have the opportunity and the desire for this.

The stability of bitcoin's price is still important, because with high volatility, when bitcoin sharply increases in price, it reveals signs of a financial bubble and, in connection with this, some states are very negative about it, warning its citizens of the high risks of investing in bitcoin . This we already saw after bitcoin rose sharply in price to $ 20,000 in December last year.

Here you need to be well-oriented in the prospects of coins and tokens. Bitcoin will certainly grow in price, but its price may not grow as fast as before. Therefore, bitcoin no longer needs to invest all the funds, as it was possible to do it earlier. Altcoins are also different in their prospects and profitability. Just need to analyze your altcoyin from this point of view. Perspective altcoyns should be left, and unpromising ones can be exchanged for bitcoin, ethereum or other well-known coins. Especially I want to say for the little-known and new tokens. Investing in them is associated with an increased risk, but it is also able to bring a very large profit. However, here it is very necessary to get acquainted with the documents of the ICO, as a result of which they were issued.

Of course, the potential of ethereum is very huge. This coin is still undervalued and as soon as the crypto-currency market starts to rise, ethereum will grow well in price. While we see the price linking of this coin to bitcoin, however, it can also display independence from its price. Under normal circumstances, ethereum can reach the rate by the end of the year at about 2500-3000 dollars.

Is this an ethereum naked ball with its present price of 400-500 dollars? A bitcoin with a price of 7800 dollars is not an inflated ball? I do not think that bitcoin, with its current shortcomings, which do not even allow us to use bitcoin as an ordinary means of payment, is fifteen or more times better ethereum. Ethereum is now much more useful than bitcoin and performs much more functions. If bitcoin did not swell in its bubble last December, now, maybe there would not have been such a problem with the general fall of the crypto-currency market for the fourth month already.

Earlier, someone already wrote that according to the graphs, bitcoin constantly after two steps back in its value, makes five steps forward. Therefore, after such a long price drop and stagnation, bitcoin should become even stronger. True, we must not discount the necessary improvement of bitcoin and the elimination of its shortcomings in time. Without it, only in its name it will not rise far.

Interesting logic of your reasoning. Bitcoin is an electronic money system of the peer-to-peer network. There is no doubt about this. However, this conclusion does not come up at all from the conclusion that bitcoin is a currency. The fact is that not every money is a currency. Currency is money that is used by states for international financial settlements. Bitcoin is not yet a currency. In principle, we now do not really care who thinks bitcoin. While it is very important for us that bitcoin was recognized in most states as a legitimate means of payment.

Yesterday, bitcoin rose in value to $ 7,800, but then again dropped to $ 7,000. Today I went back to see his course this morning and, according to CoinMarketCap, its cost today is again $ 7,810, while bitcoin again increased by more than 12 percent. This is a good indicator of the price growth of bitcoin, it no longer stands still and it is possible that in the near future we will have a pleasant surprise about the course.

I do not think that it would be a good idea to sell all your bitcoins and buy ethereum. Although ethereum has always been and is a good investment, it is not worthwhile to shift all funds into one coin in any case. Bitcoin is not so hopeless, it slowly eliminates its shortcomings and is restored. It's just not yet known how quickly it can recover in its former value and how fast it will grow in the future. Now you need to hold both bitcoin, ethereum and other promising coins.

If a state does such a stupid thing that bitcoin recognizes as the only form of money in its country, then it is unlikely that the state itself will destroy it. In this case, the maximum, what it can lead to. it is the imbalance of the country's economy. Kryptovpljuta, in connection with its high volatility, can only walk in parallel with national money. Maybe in the future and something will change, but now cryptovplat can not replace conventional paper money.

It's very strange to hear about one of the most promising and hard-working coins, the volume of transactions that have long exceeded even bitcoin. The crypto-currency market has now fallen dramatically and with it the ethereum rate has dropped. Now its price is around 400 dollars. What are the signs that ethereum is dead? As soon as the crypto currency market begins to recover, ethereum will also begin to rise in value and this year this coin should bring us a good profit.

If I'm going to join an ICO project that I like as a signatory campaign participant and under the conditions of this campaign I see the possibility of passing a KYC check, I basically do not join such a project. There are a lot of ICO campaigns and I can find myself another suitable project without this illegal verification. And such companies are possible, because of this in the future will not succeed if such as I will be a lot and they will boycott such projects.

Yes, sometimes the amount of generosity for participating in signature campaigns is greater, sometimes less - how lucky. Sometimes all the effort and time is wasted when the ICO project is unsuccessful or simply fraudulent. This largely depends on the project itself, and, of course, on the rank of the participant. In general, participation in generosity campaigns is quite a profitable occupation.

We continue to see that the Chinese government continues to seek its own way of using the crypto currency, and they are still far from applying a single plan on this issue. The idea of a national centralized crypto currency in China is not new, and they have recently stated that its creation is not a top-priority task. Now they have changed their mind about this. The idea of creating a state crypto exchange is generally new. It is unlikely that such an exchange will be popular.

Well, what does this statement change from a practical point of view? Special signs that the lightning network is one of the altcoyins is not available. In any case, a network of lightning - this is something unusual. The main thing is that it should be useful to us after the implementation of bitcoin and helped him to quickly carry out transactions with minimum commission fees.

A financial bubble is any asset that is not secured by anything, and therefore can be depreciated (burst) at any time. Since the crypto currency is usually not guaranteed, it can be called a financial bubble.

Is such a bubble quite risky for investment? I think that only then it will represent an increased risk if it rises strongly in price. While we have not worked out practice that means high or not a high price. It is clear that this limit is different in different crypto-currencies. We can say that among the crypto currency is the highest risk threshold in bitcoin.

I do not think that selling all my bitcoins to buy on them ethereum is now a good idea. I still allow partial transfer of funds from bitcoin to ethereum, since this coin will also develop well and grow in price, but completely getting rid of bitcoin would be a great stupidity. Bitcoin this year is still able to significantly increase in its value, especially since it is quite active now eliminates its shortcomings.