In 10 years we mined 18 Million Bitcoin, In the next 9 years we will mine 2 million, and 1 million to go for the next 90. most importantly, we will have 3 halvings in 9 years from today. Basically we will have almost 99 percent BITCOIN supply ever available to the world and by the end of 5th halving around 2028 we shall be really close to Global Adoption.

However, It’s hard to believe for those of us that started mining in 2009, it’s been an incredible journey. Maybe your first mined coin was worth less than a nickel but today, 30 coins will buy you a decent house just about anywhere in the US. I think in the next 5-10 years we can see cryptocurrency being a part of our regular lives the same way current technologies like the internet and mobile communications are.

China is going to make own Crypto for the reason it's government feels threatened by the coming revolution. It is exactly the same with Facebook(Libra), Venezuela (Petro) and the banks(Ripple). but You forget the most important point, Maybe the US government will ban us from buying the Chinese coin like they did the Petro. However, I honestly hope this causes other nations to rethink their contempt for cryptocurrency. China gaining first mover status and positioning as a reserve currency for the space is hopefully the fire everyone else needs lit under them, and Maybe this will end up being like a more certain, higher liquidity Tether and Bitcoin.

Yes, China is going to make own Cryptocurrency except without any of the features that make cryptocurrency useful. completely censored, completely controlled, completely infinite supply. it's just digital Crypto that's pegged to their fiat. Nothing really different from any fiat in the world like USD with the added convenience and cheap transaction fees that Blockchain technology offers.

In my opinion this is strictly a big brother play by the Chinese government. This goes along with their implementation of national ID cards and social credit system. Now every citizen will be assigned a wallet on their blockchain and every purchase will be monitored by the government. the government will try to sell this by saying it will combat corruption and money laundering but make no mistake, its big brother to the next degree.

You missed the point of decentralization. people get scammed because we are trained to rely on authority. when decentralization becomes a norm and children grow up in a decentralized society, it will be very difficult to scam them. The problem with that is there will always be scammers so you can’t just punish one. We need to focus on educating people on how to spot scams. Investing is a serious job that needs to be taken by responsibility and cautious persons only, not illiterate preteens who never bothered reading a whitepaper, and are very greedy.

The best thing about this last bull run is that it's exposed to newcomers how truly awful some bitcoin maximalists are. It's this mindset which will make people end up losing their BTC gains once the altcoin season starts and people FOMO their BTC at all manner of projects when they see people earning 50x-100x in a matter of weeks without having to even much unlike with BTC where you have to spend significant money to make major gains.

Crypto is so volatile, and I don't believe ones saying there won't be an alt season. Bull season affects both Bitcoin and altcoins. there will be definitely be an altcoin season at some point with many people investing in high potential projects on exchanges like Binance and kucoin, due to the potential of higher ROI. Personally I am expecting a good altcoins season in 2021 near the end of the Bitcoin bull cycle.

Honestly I no longer believe in blockchain’s application outside of it being used for cryptocurrencies, and when it comes to this, Bitcoin is still king. Other altcoins that are trying to gain mainstream adoption as a currency have potential, specially if they have what it takes to push back Bitcoin. ETH seemed to have that ability. they are upgrading blockchain to PoS with Sharding, and solving scalability issues. NEO is another option because people are referring NEO as the Ethereum of China with a global development, and Chinese will start investing in the projects that they own it.

Alongside the ETH and NEO, i think that in 2020 some of the smaller altcoins that offer a working product desirable from people will most likely make 50x-100x easy. But it will be very hard to find out exactly which one will do that on exchanges like Binance, Kraken and Kucoin, without doing a fundamental analysis and evaluating risk and reward ratio.

The best investment strategy is one that you understand and that you will actually stick to. Trading or investments can tend to trigger emotional responses, and emotional trading will lose you money every time as you depart from the strategy, thereby play long-term for 1 year or more In my opinion. First of all, you must understand it is an investment in new technology and in the future. if you want to HODL, you made a big decision.

I highly recommend, always buy coins when you see a good chance or a good price. try to spend no more than 15-20% of the budget. If the price drops by 5-10%, buy again. First of all, always buy coins in high potential, and don't be prejudiced on certain coins. I don't like coins that are 90-99% copy other more big coins like ETH, and you listed some of them. In such coins, I don’t see a great future. Also, marketing is one of the important points. The company or Dev team must be aggressive in the market and promote its technologies and solutions. Keep that in mind, too.

Storing your Bitcoin on a hardware wallet is the recommended and safest option. You could go for either Ledger or Trezor. Remember to buy it from an official seller only and never use a resold hardware wallet. Backup the seed words and keep them with you. but if you want to use your Bitcoin for paying for coffee or other daily activities then you should use a paper wallet as it gives you the option of liquidity. these wallets are also called online wallets and are less secure when compared to a hardware wallet. but nothing gets the point across better that coins aren't "stored" on your computer or on digital device, and you can still check up on them with a block explorer. helps people better understand the important bits.

In fact i don't see any problem, if Crypto is not used for real transactions it's value can be zero and probably will be. In my opinion it shows the power of Crypto and Blockchain technology. every single online gambler only wants one thing. Fast, instant and secure cashouts. back in the day before "black Friday" when US banned online gambling, cash-outs were super quick, and you were able to send back and forth between your bank account in a matter of minutes. then it got slower and slower. today, when you click cashout, it takes at least 2 days for them to even "review" it, and they leave the balance in your account so you can lose it in that "review" time period. I want instant cashouts, instantly to be able to send to Coinbase or whatever, and crypto is the only best option.

There is no one in this world who can predict price of bitcoin (especially with TA), price predictions are as volatile as Bitcoin itself, with many of the predictors flip-flopping on their predictions. but I can tell you one thing for sure, that the super bullish is coming. last time, when Bitcoins crashed, the recovery was amazing and exceeded my expectations.

One of the things I know is bitcoin will be more popular in two years and more people will want to hold this cryptocurrency. this tendency will boost the price in the raising direction in value. next year should be exciting. More and more countries start talking about fully recognizing it as currency, ATMs network is growing strong, more places start to accepting bitcoin as payment method. i think we have bright future and have good time to be alive. There are plenty of opportunities to make money from bitcoin, it's developing and adaptation.

In fact i’m waiting for the start of NEO and TRON season, not Cardano or altcoins season, because people are referring TRON and NEO as the Ethereum of China, and both of them are a global project with global development. the rise of the last two days tells you everything about Neo and TRON, just look at the chart. I am of the cap that believe that several Altcoins (EOS, Neo, Ethereum, BCH, BSv and Ripple) will survive. so i am not selling any of mine. many projects are really doing a lot and trying to survive the bear market. i am just trying to ensure that i continue to let the whole space know that NEO (and maybe TRON) are one of those projects so that we can continue to be encouraged.

Gold will always have value no matter how big crypto gets. Gold is a metal that can be shaped into anything and is also used for circuits, etc. gold can’t be destroyed where as crypto currency can be lost forever. i don't believe they are competing uses. gold is no longer used as currency, although because of its history it is still a part of central and international banking and finance as a supra-national currency, the currency of last resort, held in central banks the world over. it has gone from kinda stable domestic and global currency to insurance and final currency.

Bitcoin is analogous to gold but is supposed to be monetized and used for payments. it's supposed to actually circulate and be used. if it never achieves this i see no reason for it to stick around, particularly if another currency does achieve this. it cannot evolve into gold as it sits today as an insurance and mostly store of value only, because it lacks thousands of years of monetary history, and there's really not much of a need or use case for an electronic counterpart of gold's current use case.

A lot of chinese investors and citizens hold or mine bitcoin. i presume it is not a significant portion of their population, but enough to manipulate market. prices have been seen to fluctuate as the Chinese government put out news or provide a glimpse as to where they are on regulating bitcoin and blockchain. China has never been a friend to Cryptocurrencies. the entire concept is in direct opposition to their own domestic ideology of control, restrictions and regulations. A quick google search of their domestic economic policy should give you insight into how they're going to handle bitcoin and other Cryptocurrencies.

As policy updates from the government come out, people are impulsively triggered to act on it and this influences both local and global markets of bitcoin-fiat pricing. There also is lot of speculation on Chinese investors getting into mining and HODLing which eventually secures the network and drives up the price as more people adopt on a global scale. if the Chinese government declares war, say bye to Cryptos adoption, or at least expect a slowly adoption.

Name your country when stating your bank interest rate on an international discussion platform like this. I don't understand why people mostly talk here as if all others are from the same country as themselves, and they think the situation of others is similar to themselves or better than themselves. it's mistake to making these discussions without saying which country you are talking about. In Europe, banks pay 0.2% of interest per annum if you are very lucky, inflation is about 2%.

However, probably Bitcoin will give you a better return than 5%, But like all investments it's a gamble. you could make that profit in a day with Crypto or lose 40 percent in a day, but by putting it in the bank, you are guaranteed for it NOT to lose 80% of your principal value in a year. I am at a loss of $10,000, but i still HODLing, not because profits and beat bank interest rates, rather i am preparing myself for the worst fiat failure ever on earth.

One thing that is common in many countries of Africa is for there to be mobile money usage. the largest mobile digital payments transfer market in the world is based in East Africa (Mainly between Kenya, Tanzania and Uganda). So cashing out Bitcoin via a person-to-person trade using LocalBitcoins because fairly easy, and with reputation and user history, safe to use. Mobile money allows account-to-account transfers, where you only need to know the phone number of the recipient to be able to transfer to them money.

With Bitcoin the people of Africa can become their own bank where they do not need to queue to withdraw their money. with Bitcoin Africans can make their purchase from anywhere in the world where Bitcoin is accepted. Also those in Africa who have families abroad can send them money within minutes. The transaction fee is very low compared to those incurred using traditional fiat currency.

Of course, it could be so. maybe the idea is to get everyone to shill Crypto enough so its more acceptable to allow fiat go 100% digitalized. once that happens, they can step in and enforce rules. All digital transactions will be tracked on a ledger. they can freeze your digital credits if you break laws, no more cash. One world order. look at the latest China news about adopt Blockhain.

But i strongly believe, neither bitcoin nor blockchain is really a project of governments. It doesn’t make sense, because cryptocurrencies are mostly decentralized and anonymous by nature. Bitcoin is focused on the decentralization, and it acts like a government rival. what is going on now with Crypto is that governments of different countries are trying to regulate this sphere, centralize and uncover Bitcoin holders.

Simply the same thing prevent Bitcoin to replace FIAT currencies, is what makes a Fiat worthless. people can't use a currency that is volatile in nature every second. look at third-world countries such as Zimbabwe, Venezuela, Vietnam and Iran, their local currencies are highly volatile right now and no one knows what the future holds for them. these currencies are worthless than ever because of volatility, and people in those countries exchange their money into real estate or Crypto.

Another factor could be when major retailers such as Amazon, Walmart, small shops, plus credit card companies don't accept any FIAT currency as payment for actual goods and services. if the OPEC countries take BTC in exchange for Oil, the FIAT currency is dead. The moment Oil is sold in BTC by any of the G20, is the moment the FIAT currency is effectively dead. then it’s possible for Bitcoins and Altcoins to replace FIAT currencies.

Following the general trend of bitcoin price and the bitcoin halving that will take place in 2020, the price in 2021 will likely to be skyrocketing. in general no doubt the price of bitcoin will be 5 to 10 times from the current. in addition to that if the people sees this and more investment is invested, the price will still go higher.

2021 is the year where it is very likely to see very high activity on major exchanges, then people are going to buy Bitcoin with FOMO and thus drive to new ATH. as for the the patterns for the last 3 bull runs, the next cycle top is expected to be around $150,000 per BTC, but no one knows where exactly it will top.

Volatility is part of the trading, so I won't consider it a major risk, I'll just term it high risk/high reward. you have NANO going up by %10,000 in a few months, that's huge, but also u need to know NANO can collapse %10,000 in one month, this doesn't seem likely though at the current state, but a time might come. therefore you need to know how to take profit and not be greedy.

With high volatility, those who get in at the wrong time or wrong coin can pay dearly. Even with Bitcoin, you can see swings of upwards of 50% within weeks. those who are looking to invest need to know what they are getting into and do research into Bitcoin and the other coins they are interested in. Investment in any market will be bound to the market fluctuations. I think it’d be a safer to go with the stock market but if you want a bigger reward go into the cryptocurrency space especially new born Altcoins.

If he meant that, with its current design, Bitcoin can handle only 5 transactions per second. that might be enough at the inter-bank level, but is certainly not enough for everyone to transact directly in bitcoin. secondly, there are the huge fees. Bitcoin is a really expensive way to pay for things, especially low value items.  

Thirdly, Bitcoin isn't remotely functional as a currency and P2P payment method; primarily because of the volatility in its value. This volatility means that if bitcoin is rising, no one in their right mind would pay for things using bitcoin, because if they wait their bitcoin will be worth more. Meanwhile when bitcoin is falling no one in their right mind would accept bitcoin as payment. hence bitcoin is not being marketed as a form of payment. it is marketed as an asset whereas a portion of that asset can be sent anywhere fast and at a low cost.