For now, we only see several governments that prohibit crypto currency, or introduce serious restrictions on its use. The vast majority of countries are taking the Crypto currency, although it can not be said that it is unconditional. Adopting crypto currency by the states, this is really a complicated and contradictory process, but in it everything is not so bad. This process is moving in the right direction and after a certain time, the crypto currency will go to almost all countries.

I wonder what opinion of the one who wrote in October 2015 that buying bitcoin was the worst decision in his life? Since at the moment he has the status of a hero, I think that he did not leave the crypto currency and long ago changed his mind, calling bitcoin fraud. Just do not understand why he did not delete this topic. If he then did not sell the purchased bitcoins, now he probably has a good profit.

Crypto currency can not cause banks to collapse. This is a myth. Crypto currency is nothing bad and significant to cause banks simply is not capable, it can only reduce profits to bankers. Banks have existed for a long time and will exist as long as there is a state. The state is in great need of the banking system and will always support it.

At that time it was a price bottom for bitcoin and indeed, the advice to buy bitcoin exactly then, on March 30, was true. Since then, bitcoin has not fallen below that rate. Many who bought then bitcoins, should get a good profit in the future.

In all countries, the national currency is supported by the central bank. He follows his course and, if necessary, withdraws some of the national money from circulation or adds them to turnover, and also buys a foreign exchange currency or sells it. This is supported by a fixed rate of national money. The dollar in us is very special in the world and therefore here the example with the dollar is shown unsuccessfully.
Decentralized crypto currency is not supported by anyone in order to stabilize its exchange rate and therefore as extremely unstable by its nature can not be used as the main currency of a particular state or group of states.

And why should other types of crypto currency disappear if bitcoin disappears? It may be that in this case they will start to develop freely, as the price binding to bitcoin will disappear.
Each coin, especially those that are separated from bitcoin, can exist completely independently. For example, why should ethereum disappear in this case? This coin, in my opinion, can now do without bitcoin. We praise too much bitcoin, which even the function of money can not normally perform.

Now we can already say that bitcoin is not the only priority in the crypto currency, as it was before. While in terms of functionality, he is inferior to many young coins. He never did properly perform his basic function - the function of money, that is, the means of payment. In it it is still worth investing, since the price of all the crypto currency depends on its price, but along with it, even most of its funds are better placed in other coins and even promising tokens.

It seems that our hopes for an increase in the price of bitcoin in the near future can be crossed out by one person - Mt. Gox from Tokyo. Today, he sold 8,200 of his bitcoins on the market and the bitcoin rate began to decline sharply. If only recently it was above nine thousand dollars and was already approaching ten thousand, then this day it was already slightly more than eight and a half thousand dollars, and now, in just a few hours, it amounts to 8,407 dollars, according to CoinMarketCap. Correspondingly, the altcoyins began to decline in price. And this Gox still has about 200,000 bitcoins, which it is going to sell in the same lots and will most likely be done after bitcoin has recovered in price. So it can restrain the growth of the crypto-currency market for years to come.

If you buy three bitcoins worth one hundred thousand dollars each and do not spend a long time monitoring the processes in the crypto currency market, you will have the opportunity to eventually see your bitcoins with a cost of about a hundred dollars. With a large price, investing in bitcoin will be very risky due to its high volatility and the possibility of a panic in its usual drop in price. Therefore, I would not invest in bitcoin, if its price was one hundred thousand dollars. In the market, crypto currency will always be promising cheap coins and tokens, which will bring good profits.

Yes, France has recently reduced taxation on the crypto currency from 49 to 19 percent. Also there is preparing a document on regulation of activities for the initial release of coins (ICO). Thus, in this country, certain steps are being taken to introduce the crypto currency in its country and to regulate it. At the April summit of the G-20 countries, the issue of the Crypto-currency was not directly discussed, but the opinion was expressed that crypto-alaith can be recognized as a financial asset. This issue should be discussed at the next meeting in July this year.

Yes, I absolutely agree with the fact that the biggest problem of altcoyins now lies in their full price dependence on bitcoin. Because of this problem, we can say that we do not yet have any market. We will have a crypto currency market only when each coin or token will have its own individual price development, which will not depend on the price of another crypto currency.

Unfortunately, our forecasts regarding the growth of bitcoin prices this year may not come true because of such persons as Mt. Gox. I think that there will be many more such people who are waiting for the rise in the price of bitcoin to lose their bitcoins. The reason for such an act can be very different. Even large holders of bitcoins sometimes need money fiat and they will reset their bitcoins even in spite of the real prospect of increasing the rate of bitcoin.
If this happens, then bitcoin will periodically fall in price, as we experienced last December.

I think that in future the states will use various combinations of cash, cash and non-cash money, securities and so on. An interesting example can now be given with banknotes of the Singapore firm Tangem, which issued such banknotes with a denomination of 0.01 and 0.05 bitcoins. Something like this will happen in the future. Advantages in different types of money will be connected and it is possible, the future currency will look completely different than we imagine it now.

Governments can create and already create their own centralized crypto currency. The most famous and widely discussed is the Venezuelan coin of Petro, which is provided with oil.
I can not so unequivocally say I would support my national centralized digital coin. It depends on what kind of coin it is, on what terms it will be released, on what conditions it will go inside and outside of the country, what advantages and disadvantages it will have in comparison with the decentralized cryptocurrency.  

I do not see the need to impose any restrictions on the number of participants in the ICO generosity campaign. If someone worries that he will get little payment, he may not participate in this ICO campaign and choose another. They are now held very much and quite often only a few dozen people are involved, if we consider the campaign signature. Recently, this forum has introduced and so many restrictions, and above all the restrictions associated with the introduction of the system of merit.

It can be said that until December last year bitcoin was sold very rarely, so its value was constantly growing. Therefore, it was really used as a means of accumulating value, that is, as digital gold. After his last fall, the belief in bitcoin is a bit shaky and I think that bitcoin will be sold on the market more often. This can not be regarded as a panic. Most likely, at last it will gain more a function of a means of payment than an accumulation of value. The use of bitcoin primarily as a means of accumulating value, that is, as digital gold, will not lead to anything good. Bitcoin will grow in price and manifest itself as a financial bubble. This will complicate its process of legalization by states and leads bitcoin to financial collapse, because through negative information and the subsequent panic there is a risk of its depreciation.

You should not worry about banks. Banks will exist as long as the state exists as a form of social order. Banks are an integral part of the state. They serve the financing of the country's economy and the implementation of the state budget. The main function of banks is financial and credit. This function can not yet be performed by the crypto currency, I mean banks will continue to exist for a very long time.

At the summit of the "Big Twenty" so far expressed a preliminary opinion that the crypto currency can be recognized as an asset, but no decision has yet been taken.
If the state recognizes crypto currency as a means of payment, then in this case the crypto currency may be taxed. We can see this in the example of Japan, where it has been recognized as a legal tender since April of last year and is quite successfully taxed. In Poland, for example, citizens were obliged to fill out a separate document for each transaction and then submit them to the tax authorities.

The future of the crypto-currency market is unequivocally. Many states have positively evaluated the advantages of crypto currency and its technology blockchein. Blockchein technology is now used by many states in various sectors of the economy to safely store large databases. For example, in my country blockchein technology is used to store the data of the Land Cadastre of the country. There are many such examples. In the coming years, the state should finish the process of legalization of the crypto currency, which has already begun. There is growing support and interest in the crypto currency and citizens. Crypto currency is becoming more and more firmly in our life and this process is already irreversible.

Interesting in themselves and worthy of attention are Singapore banknotes with a par value of 0.01 and 0.05 bitcoins. While it is difficult to imagine how these banknotes will go as a means of payment, but how they can be used as bonds. The organization that issued them should guarantee their redemption at par value in the case of presentation for payment. At the same time, bitcoin, as everyone expects, should increase substantially in price. This makes it possible to use them in this capacity, than simply as a payment method for mutual settlements.
We see that new forms of application of crypto-currency are being created, including their combination with conventional cash. This indicates that the crypto currency is still developing and the possibilities of its application are still enormous.