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What will the future of Cryptocurrency and Bitcoin be like?

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If some governments and banks accept using cryptocurrencies like bitcoin , so the future of this crypto world would be really bright in my opinion! But this may take a very long time.. Especially because there are many governments still against this cryptocurrencies project..

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According to my point of view I think the feature of cryptocurrency will be great because maybe at that time governments would have regulated it already and accept it to be used along side the traditional currency of which is fiat.

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On 4/24/2020 at 6:34 PM, Thomas. 1 said:

Bitcoin was the test case to show how the technology will perform.  It has passed that test even in the midst of uncertainty from different players.  The industry has grown and now major corporations are getting more involved in the space.The concept of decentralization and fixed supply is escaping the great minds that run central banks, so their digital coins will be doomed to fail.

I completely agree with 100% of what you said. This is exactly what is wrong with banks. They don't understand how money can be decentralized and autonomous and their efforts are to create a digital coin that they can have total control. In this case they should look back to all the failed centralized efforts of digital currencies before Bitcoin. I am sure that banks understand that it will be better to join cryptocurrencies and Bitcoin, instead of fighting them.

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On 6/1/2020 at 7:15 AM, George10 said:

According to my point of view I think the feature of cryptocurrency will be great because maybe at that time governments would have regulated it already and accept it to be used along side the traditional currency of which is fiat.

But cryptocurrencies  are used along side with fiats now, and most countries in the world accept cryptocurrencies while some countries regulated it very well. 

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10 hours ago, Yomose said:

But cryptocurrencies  are used along side with fiats now, and most countries in the world accept cryptocurrencies while some countries regulated it very well. 

That's true but the future will be probably of more expectations on cryptocurrency among many countries in the world to regulate it since now only few have regulated the use of crypto like tradition fait in the country it's what I was pointing to say that in future we might see many countries in support of this technology by putting out some regulations that supports it in the country  allowing citizens to fully take participation.

Edited by George10
adding infor.

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In my perspective as mainly trader, investor and gambler i can say for 100% sure that we are heading into a good world globalized state using cryptocurrencies.

 

Whereever i am, everywhere i trade there's always some place, some time that i can just invest and put my money for trading thanks to the wonderful world of the internet.

 

Not only that but security measures are well taken in every place i trade so i feel more safer than previous years.

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On 1/26/2020 at 7:05 PM, Muskan7816 said:

I think Bitcoin has a bright future ahead because people are constantly attracted to Bitcoin. So people are constantly getting involved in it and making money

I agree with your opinion bitcoin has very bright future because these days people are interested in bitcoin investment almost everyone wants to invest in bitcoin so in future it can go high or even $100000 

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I think it will become more popular and use all over the world. Since it is now spreading all over the world and the implementation of the digital currency. And there's a lot of opportunities in cryptoworld.

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I think bitcoin will have a super cool future! And we will be able to actively develop and participate in it. Because I am sure that the future belongs to cryptocurrency and blockchain, and this system will not pass in vain!

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I believe banks will change and support cryptocurrency and they will start to lend money by using cryptocurrency cause i think its more effective and good to prevent money laundry cause all data is recorded permanently. But there are still many people that don't know the technology behind crypto, so that public education is very necessary.


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Bitcoin is a great revolution of the economy system, its emerging. I hope the future of the crypto is much better than any other coins. In future may be all the others country will adopt the system, and is might be a approach for better future all miners and traders. 

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Cryptocurrency and bitcoin will continuously spread all over the world. And i believe it will become widely use in every transaction because it is fast and easy to send and receive at any time.

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2 hours ago, Billahi said:

there is the possibility that crypto will be floated on the Nasdaq,

Some crypto projects are getting ready for IPO and listing in US stock exchanges. I'm sure that many will be successful and this might create the actual crypto craze, as institutional investors are limited only with the Grayscale Trust for exposure in cryptocurrencies, and this just from one OTC exchange and with major limitations.

Whatever model they choose it will probably be a huge boost to the price of their coins. I'm sure we will see some coins with an IPO in 2021.

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The future of crypto currencies will be very good because every day many people are trusting crypto currencies and using them in their daily life. So i hope there will be many things for crypto in the future.

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I really believe in the bright future of this cryptocurrencies world! when some governments and banks start accept using cryptocurrencies in their financial transactions so we can say that the crypto world will be bright and it may affect on the old international financial system in a few years!

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In my opinion, the future of cryptocurrency and bitcoin will be much better and gone far. Because the price of bitcoin is likely to rise in the front. If the price of Bitcoin increases, the market system will improve. So the future of cryptocurrency and bitcons are very bright.

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cryptocurrency has a brighter future but because the world are gradually moving to data transaction which the cryptocurrency brought, there's a future for cryptocurrency. I think the governments are also going to make rules for this currency so we all are waiting for this to be accepted by states then it will become a regular currency. Crypto currencies will take time to make there place in the world as fiat is working.

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Am notreally sure of what will happen because when you look at what is going on , the future could never be more troubled but its important to really keep everything working perfectly we need to be sure of what we work with the good levels of the market and in the end we are going to succeed

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The future of BTC and entire Crypto currency system will dominate the fiat currency serving as the alternative means of making safe an fast international transaction with very low fees charges and anonymously

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well lets put it this way btc has never been to good as it is now we need to keep it at this constant level , but when you look at the future itself there is not telling where it goes , it could be on the way to a collapse, its a level you can never tell solution is to study it now and perfect it later

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On 12/18/2019 at 11:05 PM, SuperCrypto said:

Cryptocurrencies have emerged, with more hope for some, more anxiety for others, a whole new idea, a genius invention until it is said that its inventor deserves a Nobel Prize in economics.
A new financial system that no one controls or manages, as it is outside the control of states and traditional economic systems.
But :

Will digital currencies stand up to the challenges they face and will have a presence in the future?
Will digital currencies one day become an alternative to banknotes?

Will digital currencies pose a threat to the current economic system, or can states and governments coexist with them?
Why digital currencies pose a threat from the basis on the systems and countries?

Here is a sample of many questions going on in Bali and on the mind of many interested in crypto.

Nice information you have shared to us about crypto currency...a thing to make you sure that most developed country now going to accepted crypto currency and bitcoin too.. Also many big company like samsung also accepted to use bitcoin.. So can you imagine how many people will use now crypto currency from those country and big company.. So basically crypto currency has a Bright future                  

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On 12/18/2019 at 10:50 PM, SuperCrypto said:

Cryptocurrencies have emerged, with more hope for some, more anxiety for others, a whole new idea, a genius invention until it is said that its inventor deserves a Nobel Prize in economics.
A new financial system that no one controls or manages, as it is outside the control of states and traditional economic systems.
But :

Will digital currencies stand up to the challenges they face and will have a presence in the future?
Will digital currencies one day become an alternative to banknotes?

Will digital currencies pose a threat to the current economic system, or can states and governments coexist with them?
Why digital currencies pose a threat from the basis on the systems and countries?

Here is a sample of many questions going on in Bali and on the mind of many interested in crypto.

Cryptocurrency are facing a lot of difficulties like illegal transaction and money laundering but even they are moving ahead in good pace. Yes, cryptocurrency are already a alternative to banknotes. I think this cryptocurrency will improve the economic system of the country. Yes, states and governments having less corruption rate are coexisting with them.


 

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In 2009, the Bitcoin currency was launched, but it was only a tool for exchange only, which is what Facebook sought to take advantage of recently by unveiling - according to news agencies - an ambitious plan to create a new digital currency for global use

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Among the trend indicators on D1, 65% are on the side of the bears, 35% – are coloured green. Among the oscillators, a third are on the side of the bears, a third – on the side of the greens, and a third – are painted in neutral gray. The nearest support for the pair is located in the zone of 1.0680, then 1.0600-1.0620, 1.0560, 1.0495-1.0515, 1.0450, 1.0375, 1.0255, 1.0130, 1.0000. Resistance zones are located in the areas of 1.0710-1.0725, 1.0740-1.0750, 1.0795-1.0805, 1.0865, 1.0895-1.0925, 1.0965-1.0980, 1.1015, 1.1050, 1.1100-1.1140.    The coming week promises to be quite turbulent and volatile as it is filled with various important events. On Monday, April 29, preliminary data on consumer inflation (CPI) in Germany will be released. The next day, another batch of German statistics will be released, including GDP and retail sales figures. On the same day, we will learn the preliminary volume of GDP and the level of inflation in the Eurozone as a whole. 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In addition, on Friday, May 3, we traditionally await another batch of very important statistics from the American labor market, including the unemployment rate and the number of new jobs created outside the agricultural sector (NFP), as well as revised data on business activity (PMI) in the US services sector.   GBP/USD: US PCE Hindered the Strengthening of the Pound   The preliminary statistics on business activity in the United Kingdom released on Tuesday, April 23, were mixed. The PMI in the manufacturing sector of the country crossed from above to below the growth/fall boundary, and with a forecast and previous value of 50.3 points, it actually fell to 48.7. In the UK services sector, on the other hand, there was growth in April – the indicator rose from 53.1 to 54.9 (market expectations 53.0). As a result, the Composite PMI reached 54.0 (52.8 a month earlier). However, all these figures did not attract much attention from investors.   On April 22, GBP/USD fell to 1.2300. The bulls on the pair took advantage of the dollar's overbought condition to return it to the lower boundary of the medium-term corridor of 1.2500-1.2800 in which it had been moving since the end of November last year. However, they did not have enough strength to consolidate within the corridor. The two-week maximum was recorded at 1.2540, after which, pushed by US PCE, the pair went down again and ended the five-day period at 1.2492.   According to specialists from United Overseas Bank, as long as the support at 1.2420 is not broken, there is still a possibility of the pound breaking through the 1.2530 mark. The next resistance, according to them, is at 1.2580. The median forecast of analysts regarding the behaviour of GBP/USD in the near future looks maximally uncertain: 20% voted for the movement of the pair to the south, the same amount – to the north, and the majority (60%) simply shrugged their shoulders. As for technical analysis, the trend indicators on D1 point south 65% and 35% look north. Among the oscillators, the picture is mixed: 25% recommend selling, 25% – buying, and 50% are in the neutral zone. In case of further decline of the pair, it will encounter support levels and zones at 1.2450, 1.2400-1.2420, 1.2300-1.2330, 1.2185-1.2210, 1.2110, 1.2035-1.2070, 1.1960, and 1.1840. In case of growth, the pair will encounter resistance at levels 1.2530-1.2540, 1.2575-1.2610, 1.2695-1.2710, 1.2755-1.2775, 1.2800-1.2820, 1.2885-1.2900.   No significant statistics on the state of the UK economy are planned for the week.   USD/JPY: Reached the Moon, Next Target – Mars?     We called the previous review "Higher and Higher". Now, it is worth asking at what altitude will this flight into space end? When will the Bank of Japan (BoJ) finally decide on a radical change in its monetary policy?   At the meeting on April 26, the members of the Japanese Central Bank unanimously decided to keep the key interest rate at the previous level of 0.0-0.1%. Moreover, the regulator removed from the statement the reference that it is currently buying JGB bonds for about 6 trillion yen per month. The statement after the meeting states that "the prospects for the development of the economy and prices in Japan are extremely uncertain," "if inflation rises, the Bank of Japan will likely change the degree of easing of monetary policy," however, "it is expected that the eased monetary policy will be maintained for some time."   The market predictably reacted to such decisions of the Japanese Central Bank with another Japanese candle on the chart of the USD/JPY pair. The maximum was recorded at 158.35, which corresponds to the peak values of 1990. There were no currency interventions to save the national currency, which many market participants feared. Recall that strategists from the Dutch Rabobank called the level of 155.00 critical for the start of such interventions by the Ministry of Finance of Japan. The same mark was called by 16 out of 21 economists surveyed by Reuters. The rest predicted such actions at levels of 156.00 (2 respondents), 157.00 (1), and 158.00 (2). USD/JPY has long exceeded the levels at which the intervention took place in October 2022 and where the market turned around about a year later. It now seems that 158.00 is not the limit. Perhaps it is worth raising the forecast bar to 160.00? Or immediately to 200.00?   USD/JPY ended the past week at 158.32. The forecast of analysts regarding the near future of the pair looks as follows: fear of currency interventions still prevails over 60% of them, while the remaining 40% are waiting for the continuation of the flight to Mars. Technical analysis tools clearly have no concerns about interventions. Therefore, all 100% of trend indicators and oscillators on D1 point north, although a third of the latter are in the overbought zone. The nearest support level is located in the area of 156.25, then 153.90-154.30, 153.10, 151.00, 149.70-150.00, 148.40, 147.30-147.60, 146.50. And it is practically impossible to determine resistance levels. We only note the reversal maximum of April 1990, 160.30, although this target is quite conditional.   No significant events regarding the state of the Japanese economy are expected in the coming week. Moreover, traders should keep in mind that Monday and Friday in Japan are holidays: April 29, the country celebrates the birthday of Hirohito (Emperor Showa), May 3 – Constitution Day.   CRYPTOCURRENCIES: Where Will Bitcoin Fall?   As expected, the fourth halving took place in the bitcoin network at block #840000 on April 20. The reward for finding a block was reduced from 6.25 BTC to 3.125 BTC. Recall that halving is a halving of the reward size for miners for adding a new block to the bitcoin blockchain. This event is embedded in the code of the first cryptocurrency and occurs every 210,000 blocks – until the moment when the mining of 21 million coins (presumably in 2040) ends the emission of cryptocurrency. It should be noted that the fourth halving will provide for the mining of approximately 95% of the entire bitcoin emission, about 99% of all coins will be mined by 2033-2036. Then, the emission will gradually move towards zero.   In the previous review, we promised to tell how the market would react to this important event. We promised – we report: the market reaction is close to zero. For several days after the halving, there was no growth in volatility. The price of bitcoin slowly and lazily moved first upward, reaching $67,269 on April 23, and then returned to where it began its weekly journey: to the $64,000 zone. It seems that market participants froze in anticipation of who would be the first to start buying or, conversely, selling the main cryptocurrency massively.   According to experts from Bitfinex, the post-halving supply restriction stabilizes the price of the first cryptocurrency and may contribute to its growth. "The reduction in the pace of bitcoin issuance after halving, which will amount to $30-40 million per day, contrasts sharply with the daily net inflow of $150 million into spot ETFs. This emphasizes a significant demand and supply imbalance, which may contribute to further price growth," stated the Bitfinex report.   However, analysts from QCP Capital believe that bitcoin optimists will have to wait at least two months before assessing the effect of the past fourth halving. "The spot price grew exponentially only 50-100 days after each of the three previous halvings. If this pattern repeats this time, bitcoin bulls still have weeks to create a larger long position," their report stated.   Anthony Pompliano, the founder of the venture company Pomp Investments, believes that within 12-18 months, the coin is expected to grow to $100,000, with chances of reaching $150,000-200,000. However, before moving to a bull rally, BTC/USD, in his opinion, is waiting for a correction down. At the same time, Pompliano believes that the price will not fall below $50,000. "I think we have already crossed this Rubicon," – he wrote.   The possible upcoming decline of the main cryptocurrency is probably a topic currently much more discussed than its subsequent growth. Many agree that bitcoin coins will appreciate in the long term. But how will quotes behave in the more foreseeable future? Fidelity Digital Assets, the leading issuer of one of the spot BTC ETFs, has already revised its medium-term forecast for bitcoin from positive to neutral. The reason for abandoning optimistic sentiments is several worrying trends in the crypto market. Fidelity analysts noted the growing interest in selling from long-term hodlers. Among them, there is currently a large percentage of profitable addresses, as noted in the company's report. This means that holders may want to lock in profits and start selling BTC. On the other hand, on-chain data indicates that small investors, on the contrary, continue to accumulate the first cryptocurrency. Since the beginning of the year, the number of addresses on which BTC is stored for at least $1,000 has increased by 20% and reached a new historical maximum. "Such a trend may indicate the growing dissemination of bitcoin and its acceptance among 'average' users," – Fidelity noted.   Specialists from CryptoQuant examined the SOPR indicator readings for these categories of investors and made conclusions similar to those of their colleagues from Fidelity. Investments in Bitcoin by "new" whales (owners of coins "aged" less than 155 days) almost doubled the indicator of "old" large players (more than 155 days). At the same time, the increased value of the metric showed that the profits of the "old" hodlers significantly exceed the indicators of the "newcomers". And if the "old-timers" move to fix profits, this may lead to the formation of price peaks. An analysis of the current picture, according to CEO of CryptoQuant Ki Young Ju, also speaks of the need to exercise caution in anticipation of possible corrections and increased volatility.   Recall that earlier, specialists from JPMorgan noted that digital gold is in a state of overbought. And co-founder of CMCC Crest Willy Woo noted that if the price of the first cryptocurrency falls below the support level of short-term holders at $58,900, the market risks moving into a bearish phase.   As of the evening of Friday, April 26, the BTC/USD pair is trading in the region of $63,950. The total capitalization of the crypto market is $2.36 trillion ($2.32 trillion a week ago). The Bitcoin Fear & Greed Index remained in the Greed zone, although it rose from 66 to 70 points.   Finally, in conclusion of the review, our long-forgotten crypto-life-hacks column. It turns out that in order to become a crypto millionaire, it is enough to have a marker and a piece of paper. The possibility of such a way of enrichment was proven by Christian Langlois, also known as Bitcoin Sign Guy. This guy made headlines in many news outlets after showing a notebook sheet with the inscription "Buy Bitcoin" behind the back of the Chair of the Federal Reserve System Janet Yellen. At that moment, the head of the Fed was giving testimony about the state of the US economy. This image instantly spread across the network and became one of the symbols of the emerging crypto industry.   For his misdemeanour, the 22-year-old intern Langlois was disgracefully expelled from the hearings. But after this episode was shown on television, enthusiasts sent 7 BTC to his crypto wallet to thank the guy for his bold move. Four years ago, Christian sold 21 copies of the "cult" sheet at an average price of 0.8 BTC, earning another 16.8 BTC. Thus, his total earnings reached 23.8 BTC, which is more than $1.5 million at the current exchange rate. And a few weeks ago, Langlois was offered another 5 bitcoins for the original, but he refused to sell the sheet. Nevertheless, Christian liked the idea of further monetizing the self-created object of "artistic and historical heritage", and he decided to sell it at an auction, directing the proceeds to finance his startup Tirrel Corp. On April 25, 2024, the auction house Scarce.City reported that the lot, which became a popular meme, was sold for 16 BTC (more than $1 million). NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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