Fiat currencies are here from thousand `s of years. People are using it for generations. Fiat currencies are the most easy and convenient and fastest way of settling a transaction. It requires no infrastructure. No internet connectivity no gazettes are mandatory for trade. Transaction can take place anywhere even on moon. Digital currencies on the other hand require sophisticated, internet backed gazettes that is why trade is not possible at any part of the country. So what 99% people are thinking is absolutely right, no currency can took place of fiat currency.

Bitcoin has crossed $19000 mark starting from$1000 within one year. Ethereum also following bitcoin`s path, last year in the month of October Ethereum was $307 it has crossed $1300 mark in the month of January this year. It has now stabilized around $1200. Investment in Ethereum is increasing; investors are showing confidence on this relatively cheap and less volatile altcoin. Bitcoin`s investors which are tired of its increased transaction charges and transaction, un controlled  volatility are shifting their investment, which in future may benefit Ethereum at that time it may cross $2000 mark.

Volatility is the feature of any currency whether digital or physical.  All currencies are volatile; many of them are controlled by central authority. Bitcoin is a decentralized, autonomous currency, so no one there to control its value. Up and downs of prices will go on forever. Bitcoin has dropped many time but due to trust and confidence of its investors it has bounced back every time. But after crossing $19000 mark bitcoin is dropping continuously. Bitcoins increased transaction charges, increased transaction time may be the reason behind this. Along with many bitcoin favoring countries are banning it by having security reasons. This has paniced bitcoin investors. Soon situation will change.

People who find it difficult to understand the concept of digital currency and who failed to invest in bitcoin currecy when it was cheap are calling it a bubble. When any currency is manipulated by a group of people for their personal benefit the unnatural and sudden increase or decrease in such curremcies is called as bubble. Bitcoin is a decentralized currency so such manipulation is impossible.  Bitcoin is increasing continuously since last two years. And even after crossing $19000 mark, it is rolling down slowly not suddenly. It shown bitcoin is not a bubble. 

No currency in the world is safe forever. All currencies have ups and downs depending upon the market conditions. Even USD, gold are volatile in nature. Bue due to their centralized nature their volatility can be controlled by the regulating authority. People have trust in both currency and its regulators. Bitcoin is a decentralized currency. It operates on the mutual trust and understanding among its investors. Bitcoin is the most risky and volatile currency, due to lack of central authority no one can control it. Hence it moves sharply on both sided resulting in huge loss or gain in short period of time. Bitcoin are safe in its own security system Blockchain. All transactions are regularly monitored and verified by its miners.

Bitcoin holds more than 51% share in cryptocurrency market. If we see popularity of bitcoin in last five years it may affect the economy of any country. Bitcoin`s rising price attracting more and more investors all over the world. These investors are pulling money from their traditional investments and investing it in bitcoin currency. Similarly they stopped using fiat currency in their day to day life. As a result circulation of fiat currency get disturbed so as the economy. As a result Indonesia and other countries banned bitcoin currency completely from their economy by giving security and stability reasons. In future many more countries can ban or regulate bitcoin currency.

Bitcoin is dominating cryptocurrency market since its introduction. Following bitcoin`s path many altcoins get introduced. But bitcoin kept its dominance and popularity intact. Bitcoin has travelled from $1000 to $19000 in less than two years. Bitcoins increased value, increased transactions charges, volatility, its use in illegal activities, and ban by many countries creating a wave of worry among bitcoin investors. As a result many investors by booking their profits shifting their investments. Altcoins are the best options for them, altcoins are relatively cheap, less volatile in nature. In future these altcoins may surpasses bitcoin currency.

Now everyone is using smart phone, almost all smart phone users are using internet connection. In future this percentage will increase and may reach to 100%. In such a case why would beggar remain behind? Human beings do anything for survival, in our country there are beggars accepting money by using swipe machines. I am sure if situation arises they will equip themselves with mobile wallets.

Trading and investing both are good. But it depends mostly on how you are using both these options. For trading activity one must have sound knowledge of that currency. One must have study of the movements of that particular currency; he has to keep in mind the external factors that are affecting that particular currency. While investing timing of investing is more important. Currencies are volatile in nature, so one must follow a principal “Buy on every fall and sell on every rise” Do not invest in single currency or segment/sector. Invest in different sectors, divide your risk.

Bitcoin is useless? Why & how? Bitcoin is the first decentralized currency introduced to the world. Its autonomous nature making it more and more popular. It rising price attracting investors from all classes. But due to high volatility, limited supply, more transaction time and more transaction charges, use of bitcoin`s in illegal activities making it less popular among new and existing investors. If bitcoin community is not going take a note of this then in future bitcoin`s popularity many go on diminishing. If any new currency get introduced with more sophisticated features then bitcoin will really become useless.

Digital currencies are future of world economy. Along with bitcoin some altcoins are also doing good progress. Ethereum is one of the best long term investment tools. Bitcoin is the best return giving currency, bitcoin is showing this from last two and more years.  Bitcoin`s increased price and transaction charges compelling bitcoin investors to search an alternative. For them ethereum is the best substitute currently available.

Bitcoin is a unique cryptocurrency. Its working and number of coins was fixed at the time of its introduction. Its autonomous and decentralized nature is restricting alterations in bitcoin currency. Bitcoin is getting used in many illegal activities, no one is there to control or regulate it. As a result many countries like China, Japan, Korea, USA, Canada, Indonesia, and Australia are banning/regulating bitcoin from their economy. If bitcoin community fails to take a note of this soon these countries will ban bitcoin completely. Similarly bitcoins functioning needs to be regulated because more and more transaction are remain pending.

Year end and Xmas holidays are over, all markets of the world are now waking up slowly. It is the best time to invest in. Bitcoin after touching $19000 mark tuned back and settled near $10000. It will not go further down, instead start accumulating.  Same is the case with altcoins, after showing expected corrections altcoins are also gaining slowly. Altcoins are cheap as compared to bitcoin currency; one can invest now for future. Don’t invest all your money in one shot, invest in regular intervals.

Last week French finance Minister Bruno Le Maire, calls for new regulations to prevent cryptocurrencies being used to dodge taxes and funding of illegal activities. These new regulations will impose restrictions on speculators and financial manipulators. After Korea France is the second country in this month which is trying to ban/ regulate bitcoin currency. But this ban has not done any large impact on world bitcoin community, its impact remain up to French bitcoin users.

Digital cryptocurrencies are introduced to reduce difficulties faced by common investors, traders in their day to day activity. Reducing/ eliminating world poverty is not a task of any currency. Even world currencies USD, gold failed to do so in last hundreds of years. Currencies can help governments or central agencies to reduce poverties by creating more and more job opportunities. Bitcoin and bitcoin related activities like signature champagne activities etc are helping people to generate extra income, which in future may help them to improve their standard of living.

 If you are still ready to invest in bitcoin, why not in Ethereum ? If bitcoin is gold, than ethereum is immediate silver. Ethereum is the second best coin to invest after bitcoin. Ethereum have potentials and its constantly increasing investments showing it. Investors are showing confidence in ethereum since last tow and more years, its volume is raising so do its price. Ethereum is a better option than bitcoin. Ethereum is less volatile and its price is relatively low, so small investors can make good investment. It’s a currency of future.

Bubble in currency/capital market means sudden rise or sudden fall in price. How bitcoin is a bubble? Bitcoin`s price is rising continuously since last two or more years. It has increased its pace in the month of December last year but that was not new to bitcoin currency. Increase ans correction in price are the basic needs of any currency. After reaching $19000 price tag, profit booking started, which was expected by its investors. Many bitcoin opponents predicted bitcoin will crash and will vanish from market. Nothing like that happened, bitcoin price slipped upto $10000 mark and settled there. Now  once the correction mood is over it will start raising again.

Bitcoin investors still have strong faith and confidence in their investments. They have seen bitcoins price growth to $19000 from nowhere. It is the newest and the only cryptocurrency achieving such popularity. Bitcoin has given its investors far more than they have ever expected. Bitcoin has given a chance to many, to earn extra income from bitcoin related activities. Troubled days like these are not new to bitcoin currency, bitcoin has emerged from such situations many times in the past. Bitcoin`s unique features, compelling its investors to remain with bitcoin currency even in such hard times.

Price and usefulness are two different things. Bitcoin is useful as a good tool of investment or a good asset. But its use as a currency is almost negligible. Bitcoin is not at all a useless thing, its currency of future. Its unique features made it popular so far. But it needs some regulations. Price of any currency is determined by the flow of demand and supply. Bitcoin`s supply is restricted to 21million coins at the time of its introduction. But its demand is growing continuously. This imbalanced demand and supply situation is pushing its price up.

It is too difficult to predict anything about decentralized cryptocurrency like bitcoin. Its peer to peer exchange system, autonomous nature making it more and more volatile day by day. One month ago when bitcoin was in upward rally, many experts have predicted many figures. According to them bitcoin price was expected to cross $40000 mark by the end of 2018. But due to some unexpected developments like ban from Korea and regulation indications from Japan has restricted bitcoin`s growth a bit. If thing will not imorove in future it will be difficult for bitcoin currency to cross even $20000 mark.