It is unambiguous that the appearance of bitcoins in the financial market is a new era in the functioning of the world currency. Crypto-currency as a whole made a revolution in financial calculations and by its value it is comparable to the invention of the Internet in the nineties. This is very noticeable both in terms of the total capitalization of the Crypto currency, and at the bitcoy rate today. Bitkoyn has had such a significant impact on the economy of most countries that they are all forced to regulate its circulation and, as a rule, decide on the issue of recognition as a payment instrument.

Now bitcoin has problems with its use as a means of payment. His transactions are slow, do not cope with bandwidth and hang. Also, many complain about the high commission costs in carrying them out. If these problems are solved, bitkoyn could be a good payment system for its use at the world level, because it is relatively fast, simple and safe.

If you look at price dynamics recently on bitcoin, you can see that bitcoin has been growing very fast over the past few days and from about 9,000 has reached 17,000 dollars. Yesterday, it was quite a strong decline to $ 15,453, now its rate is 16,112 dollars. That is, it can be assumed that while its some volatility manifests itself, and not a fall in the rate. Therefore, you need to watch him for a while. As soon as bitcoin finds a steady downward trend, then, in my opinion, it is also worth temporarily selling some surpluses for your needs.

In this region there is a very tense situation in connection with the worsening situation with North Korea and the threat of war. Therefore, prices are rising in ordinary money and especially in the crypto currency, because it was very convenient in case of rapid evacuation. Therefore, bitcoin costs more than 20 000 dollars. There is nothing surprising in that the government of South Korea wants to protect its economy from unbalancing and therefore wants to introduce some restrictions on the crypto currency. In fact, earlier in this country there was a normal approach to the crypto currency and this country was one of the first places in terms of the volume of the sale of the currency on the exchange. Taxation of the crypto currency is also a common practice of all states.

Bitkoyn will not be late to buy until in connection with the increase in its rate people simply can not buy it, so it will be so expensive. However, people with small incomes will be able to buy only a certain number of satosh and be content with this. Therefore, investing in bitkoyn need early, until it reached the cosmic heights in its value.

The digital currency can only greatly squeeze ordinary paper money from circulation, but it is unlikely to replace them in the foreseeable future. In life, there will always be situations when using the crypto currency will be inconvenient, or even impossible for a number of reasons. In addition, it should be taken into account that some citizens simply do not want to communicate with the crypto currency due to some beliefs or their physical defects, or simply the lack of technical means for using crypto currency. It should also be noted that according to the laws of each country, domestic paper money is required to accept in payment any state and non-state structures and organizations. In addition, the use of national money is the right of every citizen and it is unlikely that these laws will be changed from the narrowing of the rights of citizens.

It seems to me that the growth of the bitkoyna rate since September 30, simultaneously with the ban on bitcoin mining in China, is a mere coincidence. After all, the miners of China did not immediately cease their activities, and quite a long time still engaged in bitcoin mining. In addition, there were many ways to withdraw the produced bitkoyna on the world's crypto-currency markets, as evidenced by a sharp increase in applications for trade and increased trading on exchanges of neighboring countries - Hong Kong, South Korea, as well as Japan.

Bitcoin is now both a bubble and a good investment. It now behaves like a usual financial bubble, which grows in price only due to the increase in demand for it, but due to the fact that it continues to bloat successfully and bring big profits due to its growth in price, it is still profitable to invest in it and yet he did not burst, get a decent income. I think that in the nearest foreseeable future it will not burst, it still has the potential for growth.

China really has the most numerous equipment for mining bitkoyna and a large number of miners to extract bitokoyn. However, it turns out, the policy of the Chinese government first to ban mining, and then use electricity for this, is not entirely reasonable. As we could see, many miners began to look for countries with a suitable climate, electricity price and loyal legislation with respect to the crypto-currency, where it would be possible to obtain bitokoyn profitably. In particular, some of them settled on the Quebec provinces in Canada for such mining. It seems to me that China loses its potential due to its stupid position with bitcoin mining.

My biggest fear as a bitcoat holder is that since the value of bitcoin lies in the demand for it and practically only its price is kept, that for some reason the demand for it will fall and bitcoin will almost immediately depreciate. I understand that bitkoyn still has the property of a bubble and it will eventually bloat so much that it bursts. I hope that nothing will happen to him in the next few decades.

It's interesting to look at the topic for January of this year, when the year 2017 was just beginning and people were thinking about what this year will bring for bitkoy and what will be its value at the end of the year, considering that at that time its rate was about $ 1000. No one even imagined that he would rise by the end of the year more than ten times.

The phrase "if bitkoyn stops" is very vague in content. Bitcoin is impossible to stop in development. If his development team stops supporting him, he will continue to exist for a long time until he is technologically outdated and his place will not be occupied by more perfect coins. However, this is impossible, since there will be many enthusiasts who will provide bitcoin support in the event that his team refuses from him. So I think that with Bitcoin nothing can happen.

Crypto currency really displaces ordinary paper money from circumvention. However, this will happen until a certain point. It can not completely replace conventional paper money. If a person comes to a restaurant and is told that they accept only payments in the crypto currency, this person can sue such a restaurant and will certainly win the dispute. National paper money should be accepted for payment at any outlet and in any institution on the territory of that state, otherwise it would violate the laws of the state and at the same time violate the rights of citizens to choose the form of payment and the right to use national money.

However, these virtual flaws of the original bitcoin are already being tried by the previously separated from the original bitcoin-bitcoin cash and bitcoin gold. Judging by the considerable support of bitkoyin in cash, he still succeeds. Let's hope that it will not cause this circumstance to cause the original bitkoyn to improve.

The main drawbacks of bitcoin are its only relative anonymity, a long transaction time and decent commission fees on the transaction. These shortcomings are trying to eliminate the new forkogony forks - bitkoyn cash, bitkoyn gold and bitkoyn diamond. We'll see what comes out of this in the future. Since the original bitcoin itself does not eliminate its shortcomings, the competition between them is a good way to make the bitkoyn improve.

Hardly bitokoyn in December will fall in its price, because in the second half of December we are waiting for three forks with the formation of super bitokoyna, bitcoin platinum and on the eve of Christmas - bitkoyn cash. In addition, two forks are also expected after the New Year. As we have already seen repeatedly, on the eve of the forks, bitcoin, on the contrary, rises in price due to the fact that people buy bikoyun more, hoping to get a new coin of great value. Some influence on the lowering of its rate can be due to the circumstance that on the eve of the holidays people get many gifts, while spending both ordinary money and the crypto currency.

I do not think that remembering a lot of words that are not related to each other in terms of semantic meaning as a seed for entering a hardware purse with bitkoy, is a good way to store access to your wallet. It is necessary to take into account that each has his own temperament, mentality and after a while they will begin to doubt their memory, become nervous, panic and lose access to their wallet. It is better to hide somewhere a copy of the printed seed or a floppy disk with the necessary information.

The longer people think about whether to buy bitkoyn or not, the more they lose money, because bitkoyn, although it shows its volatility, but is constantly growing in price. Therefore, one who acquires it without much hesitation, after a certain time will have a good profit.

Nobody knows what will happen with bitkoynom in 5-10 years. Most likely, it will strongly change, like all the Crypto-currency. Bitcoin, if he survives, will become much more functional and more convenient to use. His clones and altcoyins will make him improve in order to preserve the place of the leader. To do this, first of all, there must be a high speed of its transaction and a small commission on the transaction.

They say that the last bitkoyn will be produced in 2140. Although, given that one bitkoyn mined every ten minutes, it turns out that 21 million will be much earlier. However, it seems to me that by the time the bitcoin itself and its quantity have completely changed. Therefore, it is meaningless to think for a century ahead.