Expectations of experts on Bitcoin

[saooesnamax]

- Since January 2018, the currency of the bitcoin in a downward trend, losing 70.19% of its value against the US dollar, but in the past two weeks things were going well, and managed to rise from $ 5879 to $ 7410 dollars.

Expectations of a return to the downward trend of the currency once again and its decline to the value of 5388 dollars due to many news that will affect the currency, including:

First Lightning Network:

bitcoin received a boost in the right direction after Queen Gate announced its listing of 4,000 traders to its network, and traders will be able to receive payments through the lightning network, significantly reducing transaction costs while increasing their speed.

The new network operates through the presence of one channel that brings together the two parties and enables them to exchange money on a continuous basis, and thus will help the system to enhance the safety of the Betquin.

Second: Bitcoin and Iran:

The Iranian government has said it will consider digital currency mining as an industry. The amendment comes in light of the government's pressure to rely heavily on digital currencies, as these assets will help Iran ease the impact of economic sanctions imposed by the United States.

The adoption of digital currencies is expected to facilitate trade between Tehran and its partners, and as a result of this news, the price of the bitcoin reached $ 24,000 in Iranian trading platforms.

The secretary of the Supreme Council for Cyberspace in Iran said the state was considering issuing its own currency, and the central bank was working on a suitable framework for the digital currency industry.

On the other hand, the digital currency market is experiencing a steady decline due to the sale of their currency by major bitcoin investors, including Silkroad, which is rumored to sell a large portion of its currency to pay debt.

Given the experts' expectations of a continued bearish trend for the currency, investors are advised to identify stop-loss points, ie, to determine a certain level if the price of the currency is reached by the investor, which will help to preserve capital and reduce losses.

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[tot-o]

I wouldn't call it expectations since most experts are making their own basis for what will happen next and what to do on a certain situation, they are taking action by results. They don't rely on or put too much expectation on things since most of their calculation happens a lot.

[Salikha]

Bitcoin is a very unpredictable coin. Presuming what will happens next is next to impossible. What they are doing is giving opinions based on results. There's no such thing as expectations, these are called presumption.

[icroatt]

I think cryptocurrency is highly unpredictable. There has been speculation from a lot of "experts", yet none of them have showed much accuracy, and it remains only speculation. Personally I believe that without further adoption of the actual technology in everyday life, cryptocurrency will remain highly volatile and speculative.

[Luckycoins999]

Expectation exist, as there are some goods signs like Queen Gate announcement, Iranian government step and Tehran adaption. Definitely news has an indirect relation with currency fluctuation and its bringing positivity with rising.

[LinkinPrak852]

Last few days it was bad situation for bitcoin. If Queen Gate announcement news, Iranian government news and Tehran adaption news really affected the currency than yes, expectations are here.

[rumexx]

Their expectation is the speculation that cryptocurrency is made of. I do not know whether the Iran experiment with bitcoin will last long because it is going against USA's interest on arm twisting Iran to drop her nuclear weapon policy. I really hope these few incidence mentioned by this poster will help to boost the  image of bitcoin and the market value . The price now is so bad and the worst hit is Ethereum.

[Youggairch]

Cryptocurrency exchanges, the anonymous exchanges with no domination over it of ones  that’s the reason why many using them. In the real monetary system US dollar have the domination including us government.

[roueen]

First of all this market is unpredictable because price fluctuation can happen at any time. So experts will not always make the correct decision. They can take decision when they see the result.

[BlockchainGod]

Honestly-I do not believe "experts" bitcoin. They made too many false predictions to trust them. IMHO

[doraemon_33766]

These are not expectations now a day these are reality. Many of the governments are thinking seriously about taking digital currency as a legal currency through their nation.

[RodeoX]

My expectation is that I am correct. There is not a person anywhere who can predict the future. and being an "expert" does not change things one bit. So someone telling you they know the future because of their expertise is only telling you that they are an expert in bullshit. 

[audaciousbeing]

Op when you post an article such as this, there is need to reference it properly as failure to do so would amount to plagiarism which is frown at on the forum here and could lead to ban.

The two factors identified above is not enough to push the expectations of people over the roof. Signing of 4000 users is good, but what is the effect of 4000 people on a multi billion dollar market size? Considering that huge percentage of this 4000 people might have been involved in crypto already which means its not a form of fresh injection of funds but moving money from one place to another without any effect on the market size.

On Iran considering the adoption of crypto because of avoiding US ban, it won't perform magic in the short term because they cannot force other countries they will trade with, or expatriates they will hire to start accepting their own virtual currency. It will still boils down to what they are running away from only that its going to mild or its effect postponed till future date.

[kzozenberg]

This is great news but unfortunately probably they will not play a significant role in the bear market but I think that the bulls next !

[frowsiter]

My expectation is that I am correct. There is not a person anywhere who can predict the future. and being an "expert" does not change things one bit. So someone telling you they know the future because of their expertise is only telling you that they are an expert in bullshit. 

Pretty much convincing. I think all these experts are experts in making other people fool and those who follow these predictions are double fools. I have never seen any prediction in the past which has come true and it will never come true as well. The crypto currencies may get accepted by some government and may get banned by others but the crypto currencies will always be invested based on these fundamental and depending upon which the prices will keep changing. I guess we should be focusing more on it rather than keep reading the expert opinion. Just read, learn and invest guys !!

[ce7mee]

How you call it expectations of exparts. Most of them are telling just fortale. without depending on Statistics, MarketCap, or its history. This just their thinking.But still i hope for a recent bull run in BTC market.

[kolbalish]

- Since January 2018, the currency of the bitcoin in a downward trend, losing 70.19% of its value against the US dollar, but in the past two weeks things were going well, and managed to rise from $ 5879 to $ 7410 dollars.

Expectations of a return to the downward trend of the currency once again and its decline to the value of 5388 dollars due to many news that will affect the currency, including:

First Lightning Network:

bitcoin received a boost in the right direction after Queen Gate announced its listing of 4,000 traders to its network, and traders will be able to receive payments through the lightning network, significantly reducing transaction costs while increasing their speed.

The new network operates through the presence of one channel that brings together the two parties and enables them to exchange money on a continuous basis, and thus will help the system to enhance the safety of the Betquin.

Second: Bitcoin and Iran:

The Iranian government has said it will consider digital currency mining as an industry. The amendment comes in light of the government's pressure to rely heavily on digital currencies, as these assets will help Iran ease the impact of economic sanctions imposed by the United States.

The adoption of digital currencies is expected to facilitate trade between Tehran and its partners, and as a result of this news, the price of the bitcoin reached $ 24,000 in Iranian trading platforms.

The secretary of the Supreme Council for Cyberspace in Iran said the state was considering issuing its own currency, and the central bank was working on a suitable framework for the digital currency industry.

On the other hand, the digital currency market is experiencing a steady decline due to the sale of their currency by major bitcoin investors, including Silkroad, which is rumored to sell a large portion of its currency to pay debt.

Given the experts' expectations of a continued bearish trend for the currency, investors are advised to identify stop-loss points, ie, to determine a certain level if the price of the currency is reached by the investor, which will help to preserve capital and reduce losses.

Yes,we all are waiting for a big pump of Bitcoin and we saw that the last of the year Btc price can be increased to like last weeks

[Epimetheus]

Bitcoin is a very unpredictable coin. Presuming what will happens next is next to impossible. What they are doing is giving opinions based on results. There's no such thing as expectations, these are called presumption.

I think bitcoin is a highly unpredictable thing. According to. Many economist expert it is the future currency can easily lead the future economy market and according to some it is nothing but a big bubble, which can burst any time. Bitcoin is accepted by many big multinational multimillion companies and these thing increase its popularity and price at international market. And this thing help it to increase its market price. And also secure its future. Many government also work with bitcoin to improve their country economy and according to these above thing many economist say that bitcoin will be the future of currency market.

[r32godzilla]

Actually Iran has no contribution towards cryptos and so it's decision on considering bitcoin mining as legal wouldn't have any impact on bitcoin price.Two main events remaining which could induce bitcoin price are ETF approval and the next halving when certainly bitcoin price would rise.

[ololajulo]

The biggest of the expectation is the ETF proposal's breakthrough. After the last 9 proposals, seeing the requirement of the SEC in last ones it, should be leverage for a successful outcomes. Though some argued its long time effect but for this year i will be a long time waiting successful expectation. The proposal seem not to cover a lot but will be helpful.