Bitcoin current situation

[Tarikul007]

Hello everyone,

Last couple of month bitcoin price is getting lower dramatically. Worldwide crypto analyst giving speech on this regarding issue. Obviously its a fatal matter for bitcoin holders but i will suggest them to keep patience on bitcoins current circumstances. This year many of the countries start the regulation process for bitcoin and other cryptocurrencies. Russian govt already take decision to transfer their crypto exchanges to Switzerland until regulation process ends in their country. From my thinking i think bitcoin will gain his past track when the regulation process will end one by one in those countries. Worlds financial analysts already said that virtual currencies is going to be the change of paper note. its true that still world financial transaction continuing based on local currency but that day is not too far when Every single financial transaction in the world will be completed using bitcoin or other crypto currencies. Till then lets promote the fame of bitcoin worldwide.

Dear guys i just share my little knowledge on this regarding issue. your advises highly accepted here . Thanks

[Ori_rahma45]

I don't known what will happen after 21M BTC Exploit all
I think prize for miner is not enough to continues and all miner is stop mining
BTC will die after 2040 

[BitcoVast]

I think down the price is not a bad thing. This is certainly a good thing because you can buy Bitcoin at a cheap price. Maybe for some people who invest their money when Bitcoin still expensive will be very loss. I think bitcoin will not die because in the future we will need virtual money because it will not be possible we use paper money continuously.

[setancredit3]

in my opinion the current price drop is not a very bad thing, but this is certainly a good thing because we will be able to buy Bitcoin at a cheap price now. but there are some people who have invested their money when Bitcoin is still in expensive will be a loss, I think bitcoin will never disappear because in the future many developed countries are starting to use digital currencies today and we will also need virtual money because it is impossible we use banknotes continuously at the time has advanced ....

[Kakmakr]

Now why would the Russian government want to transfer their bitcoins to exchanges in Switzerland, if they are in control of the decision? I did not even know that the Russian government bought bitcoins. <source?>

There will be regulations on Crypto currencies, no matter where you go, and storing bitcoins in exchanges in Switzerland is definitely a very bad idea. If you want to store coins until the regulations is finalized, rather use laminated paper wallets. 

Bitcoins stored on exchanges is not safe and they have the private keys. Paper wallets give you full control over the Private keys.

 

[meritbygrace]

The estimation of bitcoin is floating around its most minimal value purpose of 2018, i think many people are in fear to sell off there bitcoin..But i keep saying bitcoin has a future and it has come to be .

[valendra15]

I am not too familiar with the current btc developments, I know btc has dropped dramatically, maybe the btc glory in 2018 will end? or vice versa next year becomes the highest peak achieved by btc, hopefully btc again reach its highest point again,
I hope other bitcoin miners do not cheat that can make the bitcoin price go down

[Jombrangs]

Bitcoin in our generation pertains a big role in our society,  through the excellence in their services now they have a lots of people that will supports them. 
In bitcoin we can have a bright future which all people want and dream.

[Sid3d]

I can not find the rules for pricing the bitcoin. There seem to be no rules, no matter how much I try to find them. Earning bitcoin is like a game without rules in which there are enough losers and winners.

[kenelmark]

Regulations only matter to bitcoin investment beginners, but doesn't matter to bitcoin investment experts, because they know how to use the privilege of bitcoin which is decentralized and borderless. Blockchain technology is a facility for bitcoin that is belong to no government and can not be stopped. Bitcoin price is based on supply and demand, no rule is applied on it.

[Washball]

Governments will accept cryptocurrencies, but only with regulations. The authorities acknowledge the advantages of cryptocurrencies and should not apply too stringent regulations. The confidence in cryptocurrencies should be build up again, so investors will start buying again. 

[david0ikari]

Well, I am not really worry about regulation. It will happen for the good or not. When you see those news regarding financial institutions, Dimon, Rockefeller, Soros we can guess those regulations will be flexible before mass adoption. People will get use to it at the end

[javadsalehi]

Do not worry about regulations and do not pay attention to some governments that try to ban Cryptocurrencies or regulate it. Bitcoin is not something can be controlled by authorities. Even they can regulate bitcoin, it's good. They are helping those people who use cryptocurrencies in good ways.

[fatirborju]

In my opinion the current bitcoin price reduction is the spirit for all accounts in bitcoin forums to remain optimistic on bitcoin, you should not worry too much about the bitcoin price decline because the demand and supply in international trade is always up and down ...

[angelakrasnova]

Bitcoin now rises very well, but do not rejoice so early, since after a good growth there is an adjustment to fix the level of growth

[avoxosuccesful]

with the regulation @ the moment bitcoin is doing very well.sometime i think we should not put fear in front cause this is the greatest thing that has happen'd in this our generation and we should be lucky to be a part of it,cause lots of people are still floating cause of lack of information.if bitcoin drops defiantly its gonna bounce back. 

[RicardoRicky]

although many tugs of policy are trying to influence the existence of bitcoin I do not think it makes a bitcoin low, the current situation I think is good enough, with circumstances like this provide an opportunity for investment enthusiasts to contribute fully in it, so it becomes a force in the future.

[Romeotom]

In my opinion Low value is not a very bad side.Rather it is a good thing that will give you a good chance. You can now buy a lower price if you want to.I think it's a special advantage to gain in the future.so you would be like this time and your mind.

[Dudeperfect]

We must understand and keep in our mind that Bitcoin is still in the early phase of the development and hence such uncertainty is expected. As far as price is concerned, most of us including big whales and institutional investors are willing to exploit the opportunities and hence their decisions create some sort of turbulence in the market which affects the pricing cycle and newbies suffer from it. I am optimistic about the user growth and utility value of Bitcoin in the coming years but we need to work on some issues like lack of mass maturity.

[coderben]

There will be always rising and falling on Bitcoin. It is a normal thing. After all cryptocurrency market is new and most of the people newly starting to know something about it.