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news Bitcoin Hype or Fortune? Reviews & 2018 Prediction

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Rajnish Prasad

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Cryptocurrencies have started picking pace since mid 2017 and 2018 is expected to bear some positivie results for the coin miners.

Although many talk of bitcoin as a bubble, some analysts believe the price could go 10 times higher over the coming year.

Earlier some of the statements made by the Industrialists, Business Experts and Traders have gained interest among the Mining group and the new investors. some think as a "Mirage" while some think as a "Industry Changer". Some of the biggest names on Wall Street are embracing the digital currency, a handful of skeptics remain, though. Lets look at some of the selective reviews made by the Topshots of the industry, Business world and media group:

Facebook Boss Mark Zukerberg:

He has a positive view on the growth of cryptocurrencies particularly Bitcoin and he firmly belives Bitcoin is going to change the future. He has claimed the digital boom could help shape the world to come.

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Microsoft Founder, Bill Gates :

Bill Gates in 2014: Bitcoin is 'better than currency' ... Microsoft co-founder Bill Gates hasn't been too vocal on the subject lately, but he has expressed a cautiously positive opinion in the past. "Bitcoin is exciting because it shows how cheap it can be," the self-made billionaire told Bloomberg in 2014.

US President, Donald Trump:

Even the US President comment on the Crypto Bitcoin was seen as positive move by the industry leaders which gained people trust in Bitcoin Investment thus helping in price surge in 2017

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Warren Buffet:

He is quite skeptical on the existence of Crypto and has shown disinterest few years back. he called it "a mirage" a few years ago. "Stay away from it," Buffett said on CNBC in 2014, adding: "The idea that it [bitcoin] has some huge intrinsic value is just a joke in my view."

Maybe, he wouldchange his opinion lazer keeping in view the rapid growth of some of the crypto but still not much comment from his side as he prefers investment to be practical based upon solid grounds like the Stocks and S&P which is regulated and organized. He strongly believes Bitcoin as bubble which will soon come to an end and has warned the investors to keep away.

Source Coinpedia:

"Billionaire investor and hedge fund manager Mike Novogratz said on Tuesday that Bitcoin price changes. Since a bubble was not necessarily a bad thing. Thus, bubbles happen around things that change the way we live."

He said,
“Historically, manias or bubbles happen around things that fundamentally change the way we live”. “If it’s the railroad bubble or the Internet bubble, it really changing the way we live.”

He has also predicted that crypto market cap will reach $2 Trillion in 2018. A host of Russia Today’s ‘Keiser Report’ Max Keiser said this month that Bitcoin is not only a gift to humanity and safe, but its price will also increase to $100,000 and dominate the financial market.

Source: Forbes:

Prediction for 2018 related to Crypto has been reported on Forbes below:

"2018 is set to be another breakthrough year for cryptocurrencies. Here are my top 4 predictions:

1. The cryptocurrency market will continue to grow as institutional capital gets involved

Last month CBOE and CME announced that they would start offering bitcoin futures bringing cryptocurrencies closer to traditional financial markets and adding legitimacy to a previously notorious asset class. Goldman Sachs was among one of the first institutions to announce that it would clear futures for its clients on a case by case basis and is set to launch a cryptocurrency trading desk by mid 2018. Other institutions will undoubtedly follow suit as clients demand access to cryptocurrencies and as the infrastructure required to trade them at an institutional level is built out. This includes exchanges offering much needed compliance and security tools as well as appropriate insurance products.

In 2018, we will see the launch of numerous crypto funds. "

Some more r eviews by experts:

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Some Big Milestone Predictions

Source futurism:


"Experts predict that, a year from now, the price of bitcoin could grow more than triple its record value. “Bitcoin can reach $60,000 by [December] 2018,” Marvin Dumont, a senior editor for Bitcoin.com"

"Medicalchain COO Mohammed Tayeb shared a similar prediction. “Bitcoin could reach $50,000 by this time next year, if not more,” he told Futurism. “I think all of us are less and less surprised by the headlines that are coming out nearly monthly about the breakthrough Bitcoin is making and it should come as no surprise when it does reach $50,000.”

"Dmitry Zhulin, co-founder of INS Ecosystem says, "Bitcoin is expected to further [rise] to approximately $30,000-$40,000 in 2018 based on its convenience and further adoption as a means of payment and capital preservation. Despite an increase in regulation in the crypto space, I believe that blockchain as a technology will not be hindered by heavy regulation."

Saxo Bank Reviews:

The cryptocurrency will continue to rise “during most of 2018” peaking at an eye-watering £45,000 ($60,000) until Moscow and Beijing begin a crackdown on digital currencies, according to Saxo Bank.


So after going through the reviews it seems 2018 is going to be powerpacked and decisive year for the Crypto Industry and obviously will impact the Domainers directly increasing in Regging Crypto domains which is still ongoing.

But some of the major changes related to Regualtion will still continue in 2018. As Bitcoin booms, regulation will first come to ICOs before moving on to cryptocurrencies directly. However, it is difficult to now predict if regulation will have a positive or negative impact on the industry.

But overall 2018 will definately be a Big Year for Domaining industry.

What do you say??

Will Bitcoin trade at $40000 - $60000 as predicted??😀













 
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The views expressed on this page by users and staff are their own, not those of NamePros.
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Bitcoin may fail but Blockchain is Future.
 
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there will be no need to use btc in future cause the tech will offer 1 billion times better alternatives than btc...

so the only question that will remain is will btc retain any value as the original antique of its kind.. the source and the begining of it all..
and if so, how will this antique be valued in future... when it gains that stautus of course. whcih will not be tomorrow or in a year. maybe in few years or so. but it'd be against progress and evolution to keep using btc in future.

its like someone insisting on using his old atari 800xl today

i do not know if trump tweet true or not... buit honestly, I'd not be suprised at all if first crypto ever ws thrown out there from and by governement.. to test the waters.. see reactions etc.. but if that was true... then definitely that was done with waaaaaaaaaaaaay biggger greater things in mind.. in future.. things that are 1 billion times greater than bitcoin.. which things or what plan... well.. let's wait and see.. maybe a one world currency .. to go with the one world governemnt one day ...... haahahha ;)

jmo
 
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Slowly crypto use is being frowned upon by governments in various countries. It is a beautiful idea but central banks are not fond of it (unless/until some are successful in getting a foothold with their own currencies). Once a major country starts to restrict the use of unregulated cryptos or ban them outright...or an emp/flare cooks some of the data, the value will be pennies on the dollar. But for now, it is a wild ride and if I had some expendable cash, I would invest in several cryptos that are available. If I had a stake in bcoin I would take 25% and sell it to convert to silver or gold (real, not paper promises or 'virtual' coins). Unfortunately our planet is a volatile place and profit taking at this point would be prudent.

Just my 2 cents worth (they are not solid copper anymore by the way).
 
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Only those that have usage will hold, according to linkedin BTC is losing ground to competitions, what does that mean? There are now many bitcoin things out there. And I happen to know almost everyone is investing in it, (a little of their money) and hoping to get a quick return.

Most domainers I talk to also are selling domain names and buying things like newly BTC for way cheaper than the BTC, like ie. 5 cents per coin, or less and hoping to make double their money. Its faster and easier than domaining, but its riskier.
 
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yeah... today especially every crypto is down... its awful really.
I have $500 total in some doge+tron+ripple.. and I was +200$ on my investmernt before I went sleep last nite.. and woke up today and I am +20$ lol:

https://coin.fyi/portfolio/main-a1db4d07da5bdea0
 
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I do think BTC have a future, if everything is still running on BTC contracts. At the beginning ETH ran on BTC contracts and made it, now ETH is on its own and growing bigger. So if BTC contracts are easier, and every new coin in it, dead or alive, BTC will still be alive yes?

Main question, how important are those contracts? After the ICO? and does ETH need BTC ? What happens if BTC "dies". I think if you believe that Blockchain is here to stay, BTC will stay too, may die out, but definitely not NOW.
 
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yeah... today especially every crypto is down... its awful really.
I have $500 total in some doge+tron+ripple.. and I was +200$ on my investmernt before I went sleep last nite.. and woke up today and I am +20$ lol:

https://coin.fyi/portfolio/main-a1db4d07da5bdea0
Be patient...:)

You will get a good return..

The crypto market is very Volatile. If you see Bitcoin roseto nearly 20000 and then down to 12000 and now again to 16000.
 
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I do think BTC have a future, if everything is still running on BTC contracts. At the beginning ETH ran on BTC contracts and made it, now ETH is on its own and growing bigger. So if BTC contracts are easier, and every new coin in it, dead or alive, BTC will still be alive yes?

Main question, how important are those contracts? After the ICO? and does ETH need BTC ? What happens if BTC "dies". I think if you believe that Blockchain is here to stay, BTC will stay too, may die out, but definitely not NOW.

Unlike Bitcoin, Blockchain is a Technology and will stay for long...

But Bitcoin being a virtual currency may or may not exist for too long...

Both are 2 different verticals:

One is a currency and another is a Technology
 
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Since you know more about this, how important are those contracts after the ICO? I believe this is the key to survival for BTC, contracts in BTC by other smaller coins will keep it alive.
 
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You can't compare Bitcoin with other crypto currency. If Bitcoin crashed there will be no crypto currency alive.
 
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But overall 2018 will definately be a Big Year for Domaining industry
Yup. In particular, the registrars who will continue to salivate at the mouth for these FOMO niches.
 
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You can't compare Bitcoin with other crypto currency. If Bitcoin crashed there will be no crypto currency alive.
That is true to a small extent, however with BTC dominance dying off slowly, soon it will be expected! Alts are showing their true colors and a coin with a working purpose and product is gold
 
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What I believe,

I believe virtual currencies have their respective place in the growing history of a monetary system or monetary systems ' ... Can we say BTC or ETH or any other digital currency will replace physical currency ... I do not believe so, as digital currencies are on an unstable marketization time frame; where as physical currencies, even depreciating ones, still maintain an average value for a greater period of time then say that of BTC or any other virtual currency ... Sure it's great to see a $100 turn into $200 in your pocket overnight but if in a week that $100 is a -$100 valuation, then there might be different thinking investors here ...

I think buffet is a smart man, an intelligent man who knows what's good for investing in and what not to invest in ... Who's to say he isn't scaring the general public so the value goes down in his favor, if he saw a $1 on the ground, he'd fight you for it, let alone $1B market ...

Be fearful when others are greedy and be greedy when others are fearful ... His own words

Now my own perspective, I have not invested one dime into virtual currencies, but I have invested in certain stocks that harbor the potential for genuine block chain technology ! I am not writing this to ward people off from investing, I think in the long run, everyone has the ability to feel certain energies coming from great assets and investments ~ and if you're one of the lucky few who purchased BTC in 2009 for chump change then consider yourself just that, lucky ! You decided to take a chance and well it paid off, in a way it's similar to domain names really, were all looking for that rare opportunity or that million dollar chance,

I just don't believe it's BTC ... But the real value is in the history and development of changing the monetary system to fit the needs of the people ~ not a controlled system
 
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What I believe,

I believe virtual currencies have their respective place in the growing history of a monetary system or monetary systems ' ... Can we say BTC or ETH or any other digital currency will replace physical currency ... I do not believe so, as digital currencies are on an unstable marketization time frame; where as physical currencies, even depreciating ones, still maintain an average value for a greater period of time then say that of BTC or any other virtual currency ... Sure it's great to see a $100 turn into $200 in your pocket overnight but if in a week that $100 is a -$100 valuation, then there might be different thinking investors here ...

I think buffet is a smart man, an intelligent man who knows what's good for investing in and what not to invest in ... Who's to say he isn't scaring the general public so the value goes down in his favor, if he saw a $1 on the ground, he'd fight you for it, let alone $1B market ...

Be fearful when others are greedy and be greedy when others are fearful ... His own words

Now my own perspective, I have not invested one dime into virtual currencies, but I have invested in certain stocks that harbor the potential for genuine block chain technology ! I am not writing this to ward people off from investing, I think in the long run, everyone has the ability to feel certain energies coming from great assets and investments ~ and if you're one of the lucky few who purchased BTC in 2009 for chump change then consider yourself just that, lucky ! You decided to take a chance and well it paid off, in a way it's similar to domain names really, were all looking for that rare opportunity or that million dollar chance,

I just don't believe it's BTC ... But the real value is in the history and development of changing the monetary system to fit the needs of the people ~ not a controlled system
Well articulated and i like the add-ons :)
 
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Realistically, Warren Buffet does not invest in the Internet or Space.

https://www.forbes.com/sites/jaysom...net-investments-including-yahoo/#30aaf0742722

He's a good and hold em stock market trader. He has money and knows that its long term investment. Have you ever bought a house and wait 10 years to sell it? Same thing with stocks. That's all he does.

Please do not mention Warren Buffet or what he thinks of Bitcoin, because he doesn't even invest in Space or the Internet. Its like Michael Jordon only plays basketball and Goldman Sach is an all top level US investments (which is mostly true). If you talk about stock market yead I think mentioning Warren Buffet is right on. But if you talk about anything digital I can't really seriously think that Warren Buffet would even fudge his brain (I know he's really intelligent) look at the Forbes article in 2016, how old is Warren Buffet? He doesn't even move on the notion of "Internet". Nevermind BTC. :)
 
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Bitcoin failed as block size isn't raised. BTC transactions are waiting for days to get confirmed and fees are too high. BCH and other altcoins looks promising. But bitcoin is a useless headache at the moment.
 
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