| the Course of a new world currency called Bitcoin is increasing, overcoming an increasingly unimaginable frontiers. Having some experience in observing the life cycle of financial pyramids (and bitcoin BTC like any other currency — it is a pyramid scheme), you can try to predict the possible limits of its growth, and trends in the development of this new market. I'll try to dream, though, of course, all this in the air.
the Bitcoin exchange rate quoted on the stock exchanges to the dollar (at least against the Euro, ruble, yuan), that is, to Vietnam currencies. It is also known that the popularity of bitcoin is growing rapidly as a growing number of companies who enjoy relative confidence for payment of goods and services (online shopping). Pretty soon our LTC BTC will have the most backward layers of the population, and to accept them for payment will be 99% of all companies. Here by this time the need for a Fiat (paper) currencies will disappear altogether. This will happen gradually over several years (the exact number depends on many factors, for example, from the resistance of the current "masters" typewriters in the U.S.), because it takes time for the new currency has acquired the necessary infrastructure for its reception, exchange, Deposit and other service. And all this time courses of crypto money to Vietnam money will grow, while the paper currency does not depreciate completely. However, in the electronic wallets of users will be other currency, called bitcoin forks, or oldoini.
about trends, while we can assume that the cryptocurrency will fight. It seems that the pressure from the current Owners of life will play into the hands of the new currency in the long term, although locally may be a reason for certain, maybe even significant, decrease in the rate. Likely countries that will try to prohibit circulation of cryptocurrency, but I don't think it will succeed. Also scheduled to appear state fully legalized the money, and eventually switched over to using them. Such countries will give a powerful impetus to its economic development, as it will attract users of crypto-currencies from countries where it is banned. As soon as such member first signs appear, for them to go and rest, not wanting to be the underdog. Most likely, each country will have its national Bitcoin forks. In this regard, we can see that investors can consider buying chinacoin, though perhaps from the root of the "coin" the name of the currency will be to give up and call it as it is now in respect to traditional paper money, for example, dollar, ruble, etc. (by the way, here is a good idea for the creators of new forks: maybe someday the US government will make a decision that will raise the rate of your clone in tens of thousands of times).
as for today's unthinkable fluctuations in the market, they are gradually turning Bitcoin and its forks at the real funds for turnover and payment, will lose the signs of a financial pyramid, with its spectacular UPS and no less Grand panic price drops (in the case of a classical financial pyramid panic and churn becomes a disaster, the currency only loses value, although in fact these are two phenomena of the same nature). The course will be to stabilize. Also, likely to be some flow directly from Bitcoin BTC in its forks (some of the most successful and will bring together their courses on the market. |
