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Bitcoin is highly Volatile as a Crypto Currency, determination of its volatility for 2018 will depend on market traffic. Many people have a reason for investing in Bitcoin, which is for the purpose of profit, that is they buy when the price is low,and as soon as the price rises, they sell their Bitcoins so as to make profit from their investments,and also to be able to avoid loss as a result of Volatility. The type of investments may be long or short term investments. It is more profitable for long term investments.Also bad publicity about bitcoin by banks also contributes to its Volatility. The Volatility of Bitcoin cannot be determined or ascertain by predictions, but the volatility will allow new investors to be able to access the coin when the price is at the dip,and investors also to hodl and also to have vast knowledge about bitcoin and its Volatility.
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Bitcoin is a digital money or currency. Bitcoin cannot be use offline but it can be exchange for a paper money so that it can be use anytime anywhere.
I agree with you that Bitcoin is a digital currency, which is as a result of Blockchain Technology. Bitcoin is both Money and Currency.The acceptance of bitcoin for purchase in some countries as well as buying from shops and supermarket allows its use as a Money. Bitcoin is a digital currency where many people all over the world, especially countries where Bitcoin is accepted, uses Bitcoin for on line Transactions.The Digital currency is globally acknowledged, hence its great effect in the use for Transactions and other form of payments. Bitcoin is actually a Money and a Currency.
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Bitcoin is already been use as a daily currency, as many transactions is carried out using Bitcoin for these transactions almost all over the world.The transaction fees are not too high and the confirmation time on the block found is about 10 to 30 minutes. For those who are already using bitcoin for daily online payments and other transactions, they are already use to the system of payments which on daily bases when they enter into their transactions.The Volatility may be a factor, when it is been use, yet when holders of bitcoin come to the understanding of the Crypto called Bitcoin, it will rather gain more acceptability and Usage as a daily currency as it already have been used.
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I think it not late to invest in bitcoin, as the perfect time is when the price is at the dip.It is actually timely as the current price of bitcoin is about $10k, compare to when the price is about $18k as at last yaer Dec. 2017. The interest in Cryptocurrency will motivate and propel you to invest in Bitcoin, which will be rewarding, and your determination at which you are ready to learn about the Crypto currency will be profitable and benefifial, if you as a beginner remain focused. It will be good to know more about Crypto currency and take advantage of the present price and invest for long term investment.
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Bitcoin price in the history of Crypto currency reach a very high price of about $18,000. from about $900 as at Dec. 2016 and about $1000 as at Feb. 2017. It is a known fact that the price of bitcoin this year 2018, is low compare to the price of Bitcoin last year. The Exponential rise in the price of Bitcoin last year bring bitcoin to lime light world wide as a Crypto currency to invest in. The Volatility of Bitcoin causes prices of bitcoin to increase or decrease, and this was experienced since December 2017, and usually after a period of the dip, prices of Bitcoin will actually begin to rise again. As at this month of February 2018, it will be too early to conclude that the price is low, since there are about 10 months ahead. To be able to effectively compare last year 2017 with this year 2018, the year should have reach more than half to be able to Comparatively compare them.
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Among all the cryptocurrencies, Bitcoin stands as the first among them.It should have been notice by now that when ever there is a price decrease in bitcoins, other coins are affected in one way or the other.This simply means bitcoin dictates the way of the Cryptocurrencies. It is very clear that Bitcoin will not die, even in the midst of other Altcoin trying to follow the foot step of Bitcoin. It will be seen that if people loose their money in Bitcoin, such people will not want to hear about Crypto currency, they will rather run away from any thing called Crypto. Despite the bad publicity about Bitcoin and Crypto Currencies, it still continue to be the coin most investors are investing in.
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From experience, it has always been that after a big dip, bitcoin often come out with amazing price rise , which may not be spontaneous but can be very relieving and encouraging.Looking at the big dip that started around Dec. 2017,it is of utmost importance that bitcoin rise,as many are no longer comfortable with the dip.The determination of the price cannot be correctly predicted now, but certainly, the bitcoin will rise for sure.
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I will have preferred the word regrets than crying, even when the individual cry , he or she will definitely stop crying. But regrets is what will continue to be exhibited by such an individuals, when ever the individual remember how cheap it was now. It is then a great privilege and opportunity when the prices of Bitcoin is down, it is for the sole purpose of investing by investors. Because when the price will rise again, it will be regrets and had I know.
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This crpyocurrency called Bitcoin cannot be dead. Yes the price in the market is low, it is for the purpose of investors to take advantage of this and invest when the price is low or will not be able to invest when the price will soon be at its peak. Bitcoin is not dead as this type of occurrence is not peculiar to this year alone but have in the past years encounter similar occurrence in low price and have subsequently increase to the admiration of the general public.How can what is becoming widely accepted and invested in become dead, that is impossible.
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Look at the end of January is very difficult to reach 20K. We all know that in the past three years, every year in January has been the worst month of falling. Usually in January each year, Asia is a consumer season, and people need to raise money for consumption, which is a consumer habit.
I agree with you that Bitcoin rising to 20K at the end of january may not be possible, but to say about 15k, that It can likely rise to. It is expected to rise after the price drop, these usually happens at the end of every year. All holders of Bitcoin who have invested for long term , will attest to this fact that bitcoin drop in price and also rise in price. The exponential rise of bitcoin will be experienced at the end of January.
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Btctalk name: Good tbc Rank : member Current post count: 106 BTC Address :13uhcuVywDqNNxfUsnZRUfELZg2EEcrNLp Wear appropriate signature :Yes Wear avatar : N/A
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Critically looking at this, Bitcoin cannot reduce corruption. Since wallets are managed by individuals, and there is no authorization from Government or Banks or any other Financial institution on how each wallet is funded, it will be very difficult to monitor how much each individual is buying into the wallets. it will rather aid some corrupt public service officers to become corrupt since their account statements and details cannot be easily access. Bitcoin Accounts are managed by individuals, and to curb corruption, assess in to private personal accounts is needed, which may not be feasible with Bitcoin.
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This is a great opportunity for as many as are clamouring for investing in Bitcoin, to use this golden opportunity open to them to do so. There can be no better time than now, when the price of bitcoin that seems unaffordable drastically coming down, just for a reason of affordability. Investing now will be a wise thing to do because when bitcoin will rise again, many will have wish to have buy now when then the price is low.
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It is unimaginable. Society without money will find it difficult to develop Educationally, Technologically, Socially, Psychologically, ....etc. Money as a legal tender plays an important role in the welfare of the society and the country. It help in improving the live of the society , enhance foreign and international import and export with the use of money.Economic growth will not be able to be measure, if actually the society is developing economically.
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Bitcoin is not illuminati. If anything, it is the exact opposite. The leaders of the illuminati (The Rothschilds) own all the government banks which use fiat. They would never push a currency that would make them lose money and discontinue the use of fiat. Bitcoin is decentralized which means it can't be regulated and tracked. Two of the biggest things the illuminati does to us.
I think you are correct, You know the facts. I agree with you that Bitcoin is not illuminati. It is a digital currency that has no linkage with illuminati. If it has a link then members who have been aware of this fact and it would have been exposed long ago. To belong to such a group will require a price to be paid.Bitcoin is not an illuminati scam.
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I can not say every country is corrupt, but will like to look at the culture and practise of the society and country that tends to frown at some certain Characters and behaviours of what is said to be corruption. When the issue of corruption is examine critically it will be seen that the government play a major role in the issue of corruption as it also set aside the norms and enrich itself with community's fund, and thereby becoming corrupt themselves.Almost all the country is corrupt due to the leaders, and the citizenry, corruption is in most country and that is why it runs in most countries.
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Sin is an act that is contrary to the will and commandments of God as laid down in Holy Bible. It is an act of doing things like Idol worshipping that God hates so much.God have forbid all his children and all believers not to practise or engage in worshipping an Idol. Whosoever that does that have committed sin.How we know what is a sin is all enumerated in the Bible, when you read Galatians 5:19 -20, also Leviticus 19: 1 - 37. and many others. Any act contrary to God's commandments is a Sin.
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The future of paper money can not be determine by the current rate of the paper money in use or demanded for. The digital currency have come to ease and help humans from poverty. Other transactions are carried out without necessary using paper money.The use of paper money may reduce but does not indicates its total removal from circulation in the future.
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