It is necessary that the community of crypto currency holders grow by increasing their interest in altcoyins, and not at the expense of speculative interest in bitcoin. If the price of bitcoin increases excessively, it can damage the image of all the crypto currency as having high volatility and which grows in price due to rush demand as a usual financial bubble. Now there are a lot of good, useful and promising altcoyins, and it's about them that need to spread the information, but most people from crypto currency know only bitcoin.

For the present, some countries have not decided how they treat bitcoin and crypto-currency in general. In many states, governments do not understand the nature of the crypto currency and are afraid of it. They explain their decision on the prohibition of crypto-currency in different ways. In China, for example, they said that the crypto currency is a threat to the country's economy, because significant amounts of money can be withdrawn from the country through the crypto currency.
    On December 18, bitcoin was completely banned in Kuwait. Since this happened at the last peak of the price growth of bitcoin, when it reached the rate of 20,000 dollars, it seems that this country was frightened by the uncontrollable growth of the bitcoine price and how this growth will affect the economy of the country.

Commission fees for Bitcoin transactions are now too high. For this, as well as for the slowness of bitcoin in transactions, it is fairly criticized. However, the network of lightning on the bitcoin has already been tested, which should eliminate all these existing bitcoin problems. The lightning network makes it impossible to wait for confirmation of the transaction and therefore they will be implemented very quickly. In addition, it will be possible to make transactions for small amounts and commissions for them will cost less than one dollar. Let's hope that from the New Year this network will work and bitcoin will lose these its shortcomings.

I believe that we must support the crypto currency, that is, bitcoin, and altcoyins. Bitcoin is already too much advertised, which led to a sharp distortion in the cost of the crypto currency market in the direction of bitcoin. This has both positive and negative qualities. Bitcoin too detached himself from the altcoyins and became like a financial bubble that could burst. This not normal. Altcoins play a very important role in people's lives, but they are underestimated. I think that with time, when the altcoyens strengthen their position, the situation is leveled out a little.

Now the bitkoyn cash price, according to CoinMarketCap, is $ 3,603. I'm a little surprised at his height. Apparently, a big role in this is the outrage of people with the accumulated shortcomings of the original bitcoin, such as the slowness of its transaction and the large amount of commissions for such transactions. Therefore, people are switching to the use of a more convenient crypto currency. This is absolutely logical. Competition will force the crypto currency, including the initial bitcoyne, to constantly improve. And the advertised implementation of the "lightning" project in the project, which solves the problems that are encountered, is an example. The intrigue between bitskoyanami twists.

The question is in principle not in the title, but in the functionality, convenience and ease of use of the crypto currency. The fact that bitcoin was the first crypto currency does not yet mean that it should now enjoy some advantages and that we should use it regardless of the fact that it has become slow and expensive to handle. Therefore, of course, if there is some other, best-in-class crypto currency, even, perhaps, bitkoyn cash, people will eventually use the new crypto currency, and the original bitkoyn can be gradually forgotten.

If bitkoyn for some reason suddenly dies, I do not think that then people will lose interest in the altcoyins. To a large extent this will depend on the reason why bitcoin depreciates or ceases to exist at all. People are now investing in bitcoin largely not because of its some significant qualities as a kind of crypto currency, but because it simply rises in price and can be on its growth. He will not be beat, he will be bitter cash, his other clones, as well as many promising altcoys that can take the place of bitcoins.

Yes, on some exchangers bitkoyn already reached a rate of 20 000 dollars. Apparently, he is able to overcome this mark in the coming days and continue to rise in price. The upcoming eight fork-bottle forks will help increase its value, since forks always attracted investment. Also the growth of bitcoins will be facilitated by the introduction of a lightning bolt-on project in January of the next year, which will make it possible not to wait for confirmation of ongoing transactions, which will significantly speed up the calculations in bitkoyne, even send small amounts. at which commission fees for transactions will cost less than one dollar. I think that bitcoin will continue to grow until February next year.

To impose a bitcomne tax the state can take some measures on this issue.
     First, the state simply can oblige all citizens to voluntarily pay tax on profits from operations with bitkoyn, while establishing criminal liability for tax evasion. Many will be afraid of such responsibility and voluntarily declare their incomes in bitkoyne.
     Secondly, the state can oblige all banks, exchangers, and exchanges for the purchase and sale of crypto-currencies to automatically incur additional income from such operations. At the same time, either there will be an obligation to provide your documents and other data for identification of the person, or not.

In the near future, states will try to impose a profit tax on operations with crypto currency, and in some cases people using crypto currency will be forced to do so. The state can establish the rules by which anyone who sells the crypto currency will have to provide their identification data for paying the relevant taxes and then citizens will have to do it. Of course, you can try to bypass local banks, exchanges, exchangers and use overseas. While I can not say for sure whether it will be possible then to escape taxation in your country.

If we compare bitkoyin with the classical understanding of the term currency, then of course, bitkoyn, like the other crypto currency can not be attributed to the traditional concept of currency. However, when this term appeared, there was still no digital analogues of money, as the Internet in general. I think that when the crypto currency is firmly embedded in our life, the concept of "currency" will be revised and the crypto currency, possibly also that not all of its types, will be included in this concept.

Indeed, if at the beginning of this year the cost of bitcoins was about $ 1000, now its price is approaching $ 20,000. Such a profit from a passive investment in bitcoin can not be given by virtually any activity in the conventional market. However, do not forget that bitkoyn can not rise in price forever. Someday it will end and the risk of losing your investment due to fluctuations in its rate and even a long period of falling in price,
 will increase.

Holding bitkoyna during the period of growth of its value, this, in my opinion, is quite logical and there is no manifestation of some greed. If during the period of a sharp rise in price of bitcoins to sell bitcoins, this will not be a sign of generosity, but a sign of stupidity.

I have not yet met many people who would be against the crypto currency. Many do not believe in this technology, do not believe in the digital currency, this is true. Crypto currency is a completely new, revolutionary kind of money that is in the virtual world. This money can not be held in hands like other money, people are not accustomed to trusting the usual record of the amount of this money if they do not see where this record is produced and on what basis it is based. It is quite natural and it will take a very long time to dissuade such people in the opposite.

Bitcoin can not grow in his course forever. Sooner or later,
it will cease to grow and increase in value. If bitkoyn for a long time stops in growth and its value ceases to increase, for him it can turn into a catastrophe. People will stop investing in bitkoyn, as they will no longer receive the same profits, demand will not rise and bitkoyn for a long time may fall in price. As soon as people try to keep their profits and start selling bitkoyn, this can lead to irreversible consequences. Bitcoin will start to be deflated before our eyes. Than it can end, even it is difficult to imagine.

Nobody can deny the fact that bitkoyn has accumulated a lot of shortcomings and has not corrected them for a long time. Therefore it is quite logical that having an open source code for improvement, some try to create a more sophisticated crypto currency and new clones of bitcoins appear. Their need and usefulness can be assessed only after a certain time. It's too early to judge. In any case, they have a useful function, because they make the source bitcoin constantly improve.

Social networks play a very positive role in disseminating information about bitkoyne and contribute to the fact that interest in bitcoin is growing at an amazing rate. In social networks, there is an active exchange of information, people find out for themselves a number of issues of interest to themselves, there is a discussion bitcoin. In general, this has a very positive effect on the population of bitcoins.

Obviously, bitcoin has some properties of a financial bubble. Almost everyone agrees that bitkoyin has accumulated a number of shortcomings lately, has become slow, its transactions are hanging, the commission costs for conducting transactions are large. And yet, despite this, bitkoyn has risen sharply in value. Hence, the increase in its rate is not due to an increase in its intrinsic value, recently it has even fallen, but due to an increase in demand for it, that is purely because of speculative trends. These are the signs of a bubble. However, there is still a lot of potential for growth in the bitkoy and I hope that after some time he will eliminate his shortcomings and adjust his course to an acceptable one.

I am pleased that ethereum is finally actively growing in price. Until recently, he traded at about $ 300 and still could not leave this mark, and now more than doubled. I hope that the increase in the transaction speed of ethereum to 10 transactions per second will also allow it to reach its historical heights, because it has been too underestimated for a long time, performing important functions among all the crypto-currencies.

By the amount of capitalization bitcoin is still dominant, but by the number of transactions, no longer exists. The number of transactions is already dominated by ethereum, with a margin of just over 50 percent. But the transactions in bitcoin make up about 33 percent of the total.
    While it is difficult to say what will happen with the capitalization on. If bitkoyn continues to increase in price at such a rate, the odds will remain, even the difference in capitalization between it and the altoquines will soar. Only when bitkoyn reaches the general limit of its growth, it will be possible to say that capitalization will smoothly pass into good and promising altas.