One of the reason for depreciation of price of bitcoin is Government regulations due to the fact that Government is trying to regulate crypto industry to avoid peoples fund been lost and also the fight against anti money laundering.
|
|
|
I think I will go beyond $6000 as it already on wave 5 of Elliot wave technical analysis and from look of thing investors have started accumulating it.
|
|
|
Yes I believe it and very soon majority of developed and underdeveloped countries will accept it and considered it as medium of paymentd
|
|
|
Bitcoin is not a legal tender because it is a decentralized digital currency whereby everybody have authority over it and government have not fulling adopt it
|
|
|
Am not sure crypto market will exist without bitcoin for the fact that bitcoin is the king of digital currency and the trend of the market depend on solely on it.
|
|
|
I normally get most of my informations from bitcointalk and sometimes I use google and twitter too to search for whatever I want
|
|
|
The main reason for depreciating of price of bitcoin is the Government is trying to regulate digital currency and also some whales have forecasted the price will reach $40k by end of the year and they are now using their power to bring the price down so that they can accumolate enough before the price will increase.
|
|
|
I think bitcoin is more risky than bank investment due to the fact that bitcoin is not controlled by anybody or government and this can cost easy manipulation of the price of bitcoin.
|
|
|
Because bitcoin is the first digital currency that has solution to real life problem. For instance, bitcoin has been accepted by many organisations as means of payment and secondly, many investors believe that bitcoin is one of the greatest investment in this century.
|
|
|
Bitcoin can not kill itself since people and government have started accepting it as digital currency and nowadays many investors prefer holding bitcoin more than fiat.
|
|
|
Am not too sure if all countries will accept it since bitcoin is decentralized in nature but i believe it will be legalized and accepted in most of the countries.
|
|
|
I agree with you due to the fact that I have invested a lot on ICO that turned out to be scammed. It is better to do thorough research before buying any ICO
|
|
|
Yes! Any ICO that required kyc is a great project and the developer will abandon such a project. Moreso, such project will do well in cryptocurrenc world.
|
|
|
Bounty campaign is not a waste of time but the most difficult aspect of it is the get the genuine campaign that will give good income. In the past I have done many campaigns that turned out to be scammed. so nowadays I do research on project before participate in the campaign.
|
|
|
Bitcoin has not even done 1% of its value and i know as time goals on people will notice the potentials of Bitcoin and altcoin
|
|
|
The future of crypto sector is bright as crypto is still in early stage and its about to be regularized. Bitcoin will only become the accept virtual currency
|
|
|
I think is not too late to buy bitcoin considering the fact that bitcoin price reached $20,000 last year and at the moment the price is down but many expert s predicted he will get to %40,000 by end of the year
|
|
|
At the moment bitcoin is leading and for altcoins to bull, they have to take over the market and I believe very soon market will be up and altcoins will lead.
|
|
|
Bitcoin volatility is as a result of being decentralized in nature and since it is not controled by anybody, It is so easy for people to manipulate the price.
|
|
|
Nobody can know how much bitcoin will close year with but some crypto traders said it will end at $40,000. Well let's wait and see.
|
|
|
|