Topic: Bitcoin, how far it can go! - page 24. (Read 1883 times)

It’s not as simple as that. Working hard and put all your effort in one thing will not guarantee a sure result at the end. If you’re talking about earning bitcoin or other aspect of working, sometimes it’s also about your faith and determination is the key with a good result at the end.  
We can’t tell how long it will go, maybe it will continue to dump or it will go pump again that we never expected.  Governments already pay attention to this trending technology where they want to regulate not just because they want it but because they also considered the secure the finances of their people.

The forecast of Bitcoin's course can not be made without taking into account the possible regulation in different countries. Loyal legal norms on the example of Japan show that they can allow Bitcoin to develop freely and without restrictions. If such a policy is implemented in many countries and most major markets, Bitkoin's course in 2018 has every chance to return to $ 20k, reach $ 50k and go even higher.

However, while the situation is not in favor of the cryptocurrency market. Many countries around the world and financial institutions are expressing concern about Bitcoin. Recent developments in the South Korean market demonstrate that legislative measures can be quite effective and directly affect the course of Bitcoin.

China, another giant of the cryptocurrency market, is trying to limit the extraction of digital currency on its territory, and this, too, doesn't add optimism to the forecast for 2018.

Many European countries still take a wait-and-see attitude, but central banks have repeatedly spoken about the need to regulate the digital currency market as early as 2018. For example, Thomas Jordan, the head of the Swiss National Bank, said that "you can not limit traditional currencies, but at the same time completely allow anonymous tools."

Now about another fact, about the growth of the demand.

An important indicator of the growth rate Bitcoin, may be its relevance. The demand for cryptocurrency is growing from year to year, and this is the main driving force in its development. If the trend continues, the forecast for Bitcoin's 2018 exchange rate will in any case be positive. The coin can sag because of the action of various negative factors, but in general Bitcoin in 2018 will continue to grow.

For sure it will so so far from what we expected because a lot of people use it in a right way. And bitcoin helps a lot of people so through I know it will go so far .

Right you are - the hype is over, and probably we will not see such a high and fast growth of Bitcoin, but sure it will gain.

For me Bitcoin will be endless as long as many people intersted to invest  and participating the different compaigns.I know what is the capability of bitcoin why people are very interested to joined and make the bitcoin very valuable.This is why bitcoin will admire by everyone because of it's helpful adjective that many people turn on  into a millionaire.

Only time will tell...

Many countries around the world are beginning to study and appreciate the superiority of bitcoin and cryptocurrency in the financial system, so these countries are opening the door to bitcoin, the ban is gradually is removed. Bitcoin is in the early stages of a new growth cycle, although recent bad news about bitcoin has emerged, but it is still stable and well developed.

First of all, government will never take control of bitcoin, they can only make a regulations price will not surge higher than now, they do not want us to get more profit with it, so now they are trying to get inside of bitcoin world by taxing and make amy regulations
About the price, how far it will go? It depends on their big whale, because our price is controlled by them, whether up or not is depends on them. And like I said before, government trying to keep bitcoi  price stable by make regulations but it might never work if our bitcoin get a mass adoption from every where

It go so far a long time because of being amazing of bitcoin  sooner or later bitcoin also all of the people have a bitcoin account as long as you work for it you can achieve

Sadly to say that even bitcoin is decentralized, government will make a way just to manipulate it. The government used their political power just to maneuver bitcoin and bitcoin investors. Unfortunately, crypto enthusiast are disappointed in this scenario resulting to the continuously dipping down of bitcoin. Some of them withdraws their investment and the miserable thing here is that, most of them are whales.
Banning or imposing taxes is the way of the government to control the system. The citizen can't make any actions because they are part of the states and the role of the citizen is to follow the laws and regulation.
We don't know if the bitcoin will move forward eventhough the government are not favor with it or it will vanish at the moment we did not expect. I already believe in bitcoin. Actually, I totally amazed with its usage but we need to deal with our government and as part of the sovereignty, we should follow our government.

As far as I know bitcoin now can go beyond too far.Its been so many years,I think as long as there would people who wants bitcoin it can go too far and what if it can be our payment system in the future.Government want to centralized bitcoin but they cannot ruled it and gave a tax on it.Bitcoin will continue because people will remain keep supporting on it.

there will always be a new country taking a new action in favour or against bitcoin !

the ideal scenario would be a solution a fiat -> bitcoin gateway solution without KYC etc. Bitcoin ATMs are an example of that.. but so far not many people use them because they charge high fees

The thing is that, by the time Bitcoin ATMs get popular, if we still face government opposition (why would (most) governments would not want to keep their printing money monopoly ?), there will be new regulations to ban Bitcoin ATMs

hopefully new solution will come.. or bitcoin will get way to big that governments will embrace instead of fighting against it; which is the case of more developed countries like Switzerland and Finland, while way less developed countries (China, USA etc) havent embraced yet

I am also thinking of bitcoin if how far it can go. This bitcoin started this year of drops down price and were already saw last year the Ath of price. And the fluctuation of market tends to go down or up but I can't really say on how far the price can really go. Because many of us are expecting to sky rocket even the hodlers are waiting for it to take profit.

At the moment with all the various things going on like:

Market manipulation
fake news
exchange bans
further verifications required
tax
regulation

Bitcoin and crypto has to find a way through all these new obstacles,
and I believe it will but it may take longer than some people are expecting.

A new sort of confidence has to grow just like last year,
confidence was high enough to push Bitcoin from $1000 to almost $20,000

Its just a month since 2018 started yet many issues trying to bring bitcoin down. As I can see bitcoin still manage to be strong despite of this problem, and this might be an indication that no one can really control bitcoin even government. Bitcoin can go far this year but no one knows when it will happen, we still have 11months to go just relax, bitcoin will soar high.

Although we can see how exchange rate fluctuates in the present market, still a lot of users are giving extra efforts in bitcoin for them to earn big income. Which means this crypto currency can last a lifetime. It has been tested for how many years and has helped thousands of user already. There has been a lot issues for the past few months yet bitcoin stayed firm and still the best.

Hmm, what you say is quite interesting. It gives me new knowledge and new insights. Thank you anyway. I used to block Government and control the crypto because they feel they can not take profit from Bitcoin. But now I have a new view that they are not trying to block, but they have a reasonable goal. But in my opinion, there are still many countries trying to control Bitcoin. For example by building a very large mining company so they have a lot of Bitcoin. And so they can freely trade with crypto and they become a very rich country because of crypto. This can be one of the business fields for a country.

bitcoin will go far beyond expectation, many people are still coming and wanting to have bitcoin though the supplies are not getting bigger, this will lead to having a shortage and supply and demand will lead this coin to go up and up and up as always. the government will put taxes on bitcoin as people are much more focus on it than getting a job.

I don't agree. Governments are not trying to control it, they are trying to put regulation in to protect consumers. It just makes sense to implement basic controls so that things that are illegal (insider trading, washing trades etc) are not replayed against unsuspecting consumers. It's not regulation that is controlling the pricing, it's players with too much control on the system: Ver, Bitmain, USDT etc.

How far will Bitcoin go? On the way down, I think we are all in for a surprise. On the way up, once the dentists with too much money have dumped and the panic is over then I think Bitcoin will recover like it always does and the sky is the limit.

There's a right amount volume of subsidy for bitcoin to keep on fighting, where just getting a bit FUD by that the price are bounding to downwards its last 6th past month price, where just getting nervous to this sudden emerge of other altcoin with such a complex capability to fight, and a lot will appear unexpectedly Don't you worry 'bout everything just stay on focus.

Actually this question have been totally murdered having answered lenient and indulgent.