Hi,

It is hard to make accurate forecasts actually. I don't think this is the end, I don't think panick selling is a good option.

Though, I can understand such panick moves. We should just keep in mind that some pieces of news shouldn't be strong enough to completely underùie the value of something. The traditionnal tradng platforms are working this way, destroying hundreds of jobs and millions of lives. We could be smarter, right?

Don't invest in bitcoin for short-termism. Don't panick sell. Try to developp new projects. That's what bitcoin is about!

Hi,

Sorry to say so but... I guess that man was not working on his own, anyway. You can't build something that big and remain alone. So I'm not saying this is a good news but I wouldn' say that this is the end either.

Let's wait and see.

Hi,

I don't really understand your post. Bitcoin is linked to a technology that knows no border. Of course, governments are trying to implement regulatoins about such technology as as long as it isn't controlled, it can allow people to earn a lot of money without paying taxes on such revenues (that's not their only objective, but let's simplify it this way).

Bitcoin is like... Internet. It cannot "not exist" somewhere. It may be controlled, the websites on which you trade maybe unaccessible but it still exist. It may be hard to reach it but it's there.

If your question is really about borders... Well I guess that even though there were no bitcoin users in... Germany, this wouldn't affect the French users. Or Swiss. Or Italian. You see?

Some countries are affecting bitcoin because of the size of the community that is directly concerned, but there other way round... Well, nobody cares!

Hi,

It depends on what you can afford to do.

- if you really need this money, then you can sell now. But this means that you are sure you are making a loss. So this is the "good" solution only if you have no other choice (and actually, you shouldn't be in such position, because remember that everyone told you to invest only what you can afford to lose).

- if you can wait, then wait. I think this is by far the best option. Indeed, you may possibly lose everything but I guess that the probability is quite low. If you wait long enough, you should be able to sell and make some profit!

By that's only an individual's viewpoint, remember it!

Hi,

Nobody can be completely sure in answering your question, but indeed, I think this could help.

If you consider the current situation, people are trading a lot, betting on winning large... And it is quite logical. There are upcoming forks and bitcoin are mined everyday. So it is logical to trade.

Though, once everything has been emitted... Well, I would find it logical for the price to be rather stable (after a possible chaos of the delivery of the last pieces of bitcoin).

Some things can be added to your list:

- it was the first created and spreaded on such a large scale, so it is perceived as reliable
- it is anonymous, and this was part of its original success, allowing people to use it for questionnable purposes

Hi,

I understand your thought. Increasing the block would allow for even more exchanges and potentially more "bitcoin" for all miners.

But actually, as the size increasen you must be able to store all related data, about all transactions. As an individual, mining thus become impossible.

So increasing the size would be giving more powers to centralized authorities... Which is exactly what bitcoin is not about!

Hi,

Bitcoin has no country limitations and knowns no frontier.

Though, the situation of crypto (how spreaded, how used, etc) is widely different from one country to another. In most Western countries, I think bitcoin is rather seen as an interesting new tool, potentially for making money... but not as a necessary "thing". Whereas in some poor countries, the population need bitcoin as a source of income.

So that's the first point: we are far from knowing an homogeneous situation worldwide.

Then, governments and institutions are trying to deal with it but their way of handling crypto can highly vary! On top of that, the price of bitcoin can be completely erratic and there aren't technical tools allowing people to use bitcoin for daily uses..

All this make the situation quite complex. I personnally hope that one day cryptos can be used anywhere, for anything. For the moment, though, it's not true... 

Hi,

Let's see, indeed. But I'm sorry to say that if you are right, it will be called luck and if you are wrong... Well, you know  

As for my own forecasts... I see the current trend, going on for several years, with huge peaks and even greater falls when there are significant forks... I think we will still see some people panick selling and other despising such moves...

That's my best guess!

Hi,

I understand what you meant... but you know there isn't a currency ranking, right?

What you can consider regarding a currency is...

1- its value in gold standard
2- the number of international transactions made with this currency
3- the number of daily users
4- the convertibility/trading easiness
5- the profits made out of the use of such currency
6- the number of companies that were funded with such currency as initial investment

And these are just a few examples... If you try to get an answer, I guess each number will get a different one. There isn't "one best currency".
Again, I understand your point, and I guess you are trying to prove bitcoin superiority. But a ranking is not the best way to do that!

Hi,

All of them actually. They all work together, buying and selling data. You are no longer anonymous on Internet. You leave tracks of who you are and what you do, everywhere. Your mail adress is linked with your phone number "for security reasons", thus leading to any other websites on which you leave your phone number.. That is to say many, many, many.

The whole system is working like that. Actually, I worked in a company that was against the use of such data. They were unable to compete with their direct competitors, they were always behind them. Just because such data today must be secured quickly to be optimally used by companies.

So I guess they are all a threat. And the fact that they all work all together is even more worrying! 

Hi,

It is as safe (or unsafe, as you prefer) as any other website on which you may leave your personal data.

Actually, losing money because you were hacked must be quite frustrating. But it is not risky as identity stolen could be. And this can happen waaayyy more easily on "traditional" websites (think about your favorite social networks).

So I would not be especially worried. This is just part of the risks linked to hackers. Can affect anybody...

Hi,

Actually... I understand your feeling... But it is hard to simplify that way. Just because the economic, political situation is highly different from one "European" country to another.

Yet, what is true is that the leading European countries (Germany, France and the UK, even though the latter have a strange status) are against crypto. They need to keep control over their currency, that's always how they have used their fiat power. So creating a currency allowing people to be anonymous and get rid of their control.. is a real nightlare for them!

But again, as in any other country, and even though the territory is large, I think such ban is impossible to set up!

Hi,

I both agree and disagree with you.

I agree with you when you say that it is the good time to buy. Indeed, with low prices, potential profits are higher. If you are able to wait long enough, you may be able to make sizeable profits.

But I strongly disagree when you talk about government manipulation. I don't say that it doesn't exist at all, but.. I think that most government members are old. They are not ready to bet on such technology. They may see it as a threat, but not as a source of profits.

I may be naive, though!

Hi,

That's quite simple in fact:

1- Invest what you can afford to lose. Really. That's the main point.

2- Consider that if you wait, you can make potentially higher profit. Trading over the short-term is much harder. If you can wait, you will secure higher profits.

3- Bitcoin is not merely about trading. Read about it!

Hi, 

I don't really understand your point here.

The dollar, worldwide, is indeed the leading currency. It doesn't mean that it is the most reliable (actually, as for most currencies, it currently relies on.. air) but it is the most widely spread, the most commonly used for international exchanges and also the most well-known.

The world we are living in, has been shaped by the American culture. So it is quite logical that the dollar has became the "leading" currency.

For the bitcoin... I would say that the situation is a bit different. The value and acknowledgement of this crypto doesn't only rely on luck or marketing. It is also because it was the historical creation. Bettng on crypto is risky, whatever crypto you chose, betting on the historical one, with a relatively long life span is... well, a bit reassuring.

Hi,

If you consider yearly trends... It is actually hard to tell. There is always a decrease in January and an increase in December.
Considering the other months, though, I'd say that the situation is more complex. Because the price is also affected by economic news and geopolitical situations...

So t is not so easy to guess a month!

Hi,

Of course, bitcoin can reach 25k. I don't see why not. Just look at trends from 2017. (Ok, I admit it was particularly spectacular last year)

No one can make 100% reliable forecasts. But I think that indeed by December 18, prices will be high (double those in 2017 I'd say) and then in January 19, it will spectacularly fallback, triggering panick amongt the community.

I have no super powers, I cannot be sure about what I'm saying.  But I sincerely think it will look like that!

Hi,

Indeed, you can find suspicious campaigns... But i would say it is up to you to check and go have a look on what is the signature campaign about. You can make some verifications yourself. This, should allow you -, at least, to have arguments when people start pointing down at your signature.

Otherwise... yes, indeed, you may be scammed. That's also part of bitcoin I guess...

Hi,

Investing in bitcoin is risky, anyway. Investing when the price is low seem to be a good idea... Just because you will have more opportunities to make some profit!

Though, bitcoin is not just about gabling. A decrease in prices is not necessarily a bad piece of news.

And if you consider previous years, there is actually nothing to worry about. Stop panicking!