For now, I still confuse to decide which coins that will make me rich in 2018 because I am holding more than 15 coins at the same time and makes me hard to give the answer. I think it is because each of coins has the same opportunity to makes me rich and I think it will happen soon after this drama so I think it is better to wait for a while.
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I think Bitcoin can be exchanged at the bank all depends on government regulations, and when Bitcoin is used more by merchants, the government will not stop trying to accept Bitcoin, because Bitcoin can make the country increase its revenue from Bitcoin Tax, I'm sure the government will not be silent because of the future bitcoin is getting better and It is totally unpredictable.We can't even imagine what will be the market value and scope of bitcoin in next month.But we can surely say that bitcoin will defiantely improve and rise high in coming year
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In my opinion bitcoin is already worth to use as currency. So far bitcoin has been used as a payment system and merchants that support bitcoin is increasing. Concerning the conclusion that bitcoin succeeds or fails as a currency, just wait first because this process is still going on.
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OmiseGo has been fairly quiet recently, does anyone know when there is any new updates on the platform, and if there will be any other wallets besides MEW and Exodus, It would be really nice to finally have an original OmiseGo wallet. Could the Devs give us an idea of when this would happen?
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think the risky one is Bitcoin, because its fluctuating value is vulnerable to bubble risk, and is prone to be used as a means of money laundering and other crimes, which can affect the stability of the financial system and harm the public.
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If I need to store my coins for a long term I usually use wallets But in most cases I just deposit coins to exchanges, set a sell order at a needed price and set an alarm in Blockfolio. Though it less safe, but in case of sudden pump you can miss it if you hold your coins in a wallet. So I would say that my portfolio is spread like: 20% in wallets and 80% on exchanges.
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I do not agree with you that ETH will reach the Bitcoin price this year. However, I agree with you that ETH is very popular. And its price will certainly increase in value this year, it would be a good investment.
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yes we need altcoin, if it's not for altcoin bitcoin would not grow as much as of today's value. even thought decentralization is bitcoin another goal, altcoins further decentralize the cryptocurrency community and it also allow developers to experiment with unique features.
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Yes it will move faster if the community is healthy and if the project is very promising and great. Some other coin did not move faster for that reason they not have a good community and their project is very bad. There are chosend project are being successfull because their project have a product matching with a good and very great dev and manager.
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All investments must have a risky opportunity. Both in banks and in bitcoins. On bitcoin, we can control full of our bitcoin. The risk, there is no insurance against bitcoin and there is no official central institution that regulates the circulation of bitcoin. If investing in a bank then there is a central bank that governs our money so we do not have the freedom to control our money. Besides that, there are many institution that offer insurance if happen unwanted things to our money.
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