Bitcoin, as a system, can not and can not bear in principle responsibility for improper storage of private keys from bitcoins-addresses. Responsibility for this storage is assigned to the owners of addresses themselves.
Therefore, hacking of crypto-exchange exchanges, or other services on which private keys of users are temporarily stored, is not in fact a breach of the Bitcoin system.
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Many large investors, including banks and hedge funds, still do not buy bitcoin on the market. Instability and lack of regulation of this currency have become the reasons that restrain these investors to such a step.
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Bitcoin (Bitcoin), the most popular crypto currency, replaces conventional money and has real value (for example, bitcoins can be exchanged for US dollars, euros and other classical and virtual currencies). Usually operations with bitcoins are conducted anonymously through the Internet. This unregulated virtual currency is not dependent on any central bank or government.
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At different times, feathers were money. The shells were money. Dollars and the euro is money. Gold and silver are money. Bitcoin and other crypto-currencies can also be money.
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In principle, we can expect some sort of a small pullback, but, most likely, not to the previous positions, but dollars to 200. This is the standard volatility of the exchange rate - when such a long growth occurs, many investors begin to expect an early fall. Can panic begin
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A very important factor is that the whole industry is growing. On the exchange a large number of crypto-currencies. And between their course and the course of bitcoin, until recently, there was an inverse correlation: when bitcoin grew, all other crypto-currencies necessarily fell. Now this correlation is smeared and has become almost invisible.
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Short-term changes in the exchange rate of btc in the opposite direction, rebound or correction occur on the exchanges almost constantly. To properly play on the fall of the course and in time to purchase, it is necessary to have a clear concept of the bottom, that is, to know to what minimum the rate of this crypto-currency may fall, after which its rise will begin.
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People have shown how it can actually work. Enthusiasts come to the market, and then some event occurs and investors for a while are sobering, the rate drops sharply.
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An indication of the upcoming growth of bitcoin is the demand for and popularity of the crypto currency, as well as advertising because the more users know about this currency and about the opportunity to earn it, the more they want to invest their money in this currency.
The history of the bitcoin course is rich in constant fluctuations. Due to extensive advertising, the rate of btc is constantly growing. However, experienced pampers, often invent negative news about this crypto currency in order to collapse the course and make money on it.
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I think below $ 50 bitcoin is definitely not going down. It's almost impossible. There will be some ups and downs, but it's too early to judge how everything will turn out as a result.
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I think that many active market participants follow one and the same principle, giving in to global impact. I took the funds that were lying without the need for financing hedged positions and immediately put them back in their cold storage wallets. Despite the potential absence of risks of infection, I felt that it was better to take action, and then look at the further development of the situation.
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If the correction is over, investors may be late with an infusion of savings and lose significant profits. Preconditions for the growth of bitcoin are already available. Developers have implemented a new system that significantly speeds up transactions on the network.
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Will growth continue? We will see. The timing on this market is strange: sometimes a fall in a couple of days can exceed 50% or more. But growth from the position of less than a dollar to $ 20 thousand - it's huge, and it will still beckon many, especially after the state regulation of crypto-currencies in different countries where there are available funds.
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I'm of the opinion that 2018 will be a breakthrough for the entire crypto industry, this also applies to the crypto currency. 2017 was for bitcoin "the year of records". Starting from $ 900 in January, the Crypto currency grew by more than 1000% by the end of the year, experiencing a series of rapid ups and short-term falls. I think that the price of bitcoin will continue to grow and reach 50 thousand dollars within the next year
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Make a backup of your entire wallet Some wallets contain many hidden secret keys. If you have backup copies of only secret keys to your visible bit-addresses, perhaps this is not all, and then you can not restore most of your funds from a backup.
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Six of the world's largest banks, on the contrary, joined the project to develop a new crypto currency, which should become a more universal counterpart of bitcoin.
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Whether the new forecast of the analyst Saxo Bank will come true and whether we will see in 2027 the Bitcoin rate of $ 100,000, time will tell.
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All altcoys, no matter how impressive and useful in terms of application they are, will always be number 2 after bitcoin. The connection between bitcoin and other coins is also in the technical aspect.
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Weak hands. There were too many of them, and when the planned dump went, they just started to jump out of the market, afraid to lose the last. In general, cryptorines are not about technical analysis and not about short-term inputs: one simply believes in it, but one believes in the head, understanding technology.
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Everything looks as if the base is being prepared now to rise a little higher next time
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