Comment:
Since I believe in the growing trend in the market, I see no reason to do Bitcoin analysis. I will sometimes publish a point of temporary exit from the market with confidence in the large corrective movement of some growth. Most of the time I will trade and recommend you with the pair BTC, in relation to the Altcoins, in order to increase the number of their bitcoins.
Comment:
Andrew,
Many cite that Bitcoin will fall further and most of these forecasts refer to the 2014 schedule. I do not agree that it is possible to compare these stages, now the game has moved to futures and the fact that the Bitcoin coins is limited, then futures can be made as many as you like. Let Bitcoin is limited in the number of coins, but after its growth by 80,000 - 100,000, there will already be enough liquidity on the market + other derivatives will do. In 2018, Bitcoin entered a new era of development. This is due to the fact that the digital infrastructure is now much more advanced than in 2014. If four years ago, Bitcoin was in a state of stagnation, now the network of this cryptocurrency is constantly being improved, which increases the attractiveness of the digital asset in the global market. The negative correction of Bitcoin in 2014 was reinforced by the bankruptcy of the Mt.Gox crypto-exchange, which then dominated. The site doin 90% of bitcoin operations, while having an extremely unstable security system. Therefore, hackers could easily crack and steal about $ 1 billion in bitcoins. After that, the trading platform declared bankruptcy, and in the period from 2014 to 2016, Bitcoin tried to restore its position and attract investors. In 2018, such a collapse looks unrealistic, since almost all crypto-exchange pay special attention to the security of trading. At the same time, the global digital infrastructure is developing, which increases the transparency and speed of cryptocurrency transactions.
I think that in a year or two the main game will be transferred to the stock market with futures. Bitcoin will be used as a means of payment for its intended purpose and it will be used and owned by people. Those exchanges and exchangers that exist today will look like our usual branch of a bank for fiat money. Just now passes the stage of correction that is always experiencing all kinds of markets.
Many cite that Bitcoin will fall further and most of these forecasts refer to the 2014 schedule. I do not agree that it is possible to compare these stages, now the game has moved to futures and the fact that the Bitcoin coins is limited, then futures can be made as many as you like. Let Bitcoin is limited in the number of coins, but after its growth by 80,000 - 100,000, there will already be enough liquidity on the market + other derivatives will do. In 2018, Bitcoin entered a new era of development. This is due to the fact that the digital infrastructure is now much more advanced than in 2014. If four years ago, Bitcoin was in a state of stagnation, now the network of this cryptocurrency is constantly being improved, which increases the attractiveness of the digital asset in the global market. The negative correction of Bitcoin in 2014 was reinforced by the bankruptcy of the Mt.Gox crypto-exchange, which then dominated. The site doin 90% of bitcoin operations, while having an extremely unstable security system. Therefore, hackers could easily crack and steal about $ 1 billion in bitcoins. After that, the trading platform declared bankruptcy, and in the period from 2014 to 2016, Bitcoin tried to restore its position and attract investors. In 2018, such a collapse looks unrealistic, since almost all crypto-exchange pay special attention to the security of trading. At the same time, the global digital infrastructure is developing, which increases the transparency and speed of cryptocurrency transactions.
I think that in a year or two the main game will be transferred to the stock market with futures. Bitcoin will be used as a means of payment for its intended purpose and it will be used and owned by people. Those exchanges and exchangers that exist today will look like our usual branch of a bank for fiat money. Just now passes the stage of correction that is always experiencing all kinds of markets.
