It's a non stop uptrend for bitcoin with a record-breaking number of all-time highs. Still no sign for correction and altcoins might wait for a little longer for price rebound.
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Which Altcoin is next to Bitcoin and is being accepted worldwide?
Any of the consistent top 5 altcoins can become next to bitcoin. Ethereum show some promising lead but bitcoin cash shows that it can be a leader also. Bitcoin cash price continue to rise and might pulls away from ethereum.
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I believe everyone is aware of Ethereum and it's unbelievable pump which we witnessed in mid of June this year and all i am wondering is will Ethereum be the contender for the most reliable crypto currency ? is Ethereum the next big thing ?
There's no doubt ethereum is one of the best performing altcoins in 2017 with soaring price nearing $500 and forecasted to reach the same price by yearend. But ethereum needs more support to overcome bitcoin cash before becoming a contender of bitcoin.
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Not a good time to buy if some are anticipating some dips in bitcoin price this week after this another all-time high. Better analyze the price first before buying. If this uptrend will continue, then decide.
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Most of the time, I go for long term trading because I have still no time for daytrading where you must always watch your coins to see its price movements.
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Many news can be find here in bitcointalk forum so one of my best sources of crypto and crypto related information is here, just visit the threads where different kinds of news involving cryptocurrencies is posted.
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Ethereum price has gained considerably for the past week and would continue to climb so you better to hold it if you looking for higher profit. Ethereum is said to be one of the few altcoins that will grow to $1000 wihin 3 to 5 years.
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It will take time before any altcoin other than bitcoin cash can make it to $1000. Ethereum can be the next candidate but it might take a couple of years before it reaches that price. Some altcoins possess the ability to make ATH but lacked enough support.
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Ripple is a good investment if you go for long term. Ripple's partnership with American Express and Santander to speed up cross border payments in north america will make it good candidate for long trem investment.
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You can also keep track of the airdrops you joined by joining their telegram groups and try to get involved in their conversations.
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Many altcoins are profitable and what you can do is to research them first before buying. Study how their price moves and what will affect them to rise or fall.
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Bitcoin can't replace any national currency that is created and governed by laws. The government would not allow any decentralized cryptocurrency as a national currency. But the government can create their own cryptocurrency that might replace the dollar in the future.
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The sudden drop of price and takes time to recover, hacking, and when you can't access your wallet anymore are some of the risk of holding bitcoin for a long time. Those who bought the bitcoin while the price is high can also have the risk unless it continue to go high.
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Etherium need to break every resistance so it can go up highier. Etherium also need positive developments to continue its upward position. If not, the $1000 price forecast will not be possible even next year.
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While bitcoin is an overwhelming choice for crypto investment, etherium has its own advantages because it still low if you compare to the price of the bitcoin. Etherium price might go up in the future.
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It will be the best yearender for the bitcoin lovers if its reaches the $8000 mark for another all-time high. And this bullrun might continue till early next year with a chance to reach the $10,000 level.
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Bitcoin have been used in some online gamblibg but it still not widely used when comes to casino. There comes a time when players might be looking for available bitcoin chips as alternative to money chips.
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There are many benefits in using bitcoin as a mode of payment in the future. The transactions will be fast and on time if there is no problems in the data transmission like the growing backlogs of unconfirmed transactions in some digital exchanges.
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Real training is when you start trading. Learning from the experts will only provide you some of the basic knowledge in trading and many of their tutorials are available in the net when you research them.
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Yes, it is a quick rise for the bitcoin and always breaking its previous record of all-time highs. Is the $8000 the next target soon? That'll remain to seen after the SegWit2x.
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