Bitcoin Price Prediction Up or Down 2018

Bitcoin Price Prediction Up or Down 2018

Who can predict the future? God or time cycle. well, we are not God and not even time but we can only be evidence of time.

So in this post, I will share some facts which can be responsible for the prediction of bitcoin price. 

1. The future of Bitcoin:

The future of bitcoin is horrible(Good Way). Well, we all know that the bitcoin itself doesn't support money laundering. And, even the major powerful countries like the US, Russia, England etc. knows very well that the actual money of their economy is getting converted into virtual currency (Bitcoin) rapidly. It's highly affecting their economy. 

So ultimately, bitcoin won't get banned in future. But the wallet companies like Blockchain, Coinbase will have to make changes on their wallet systems like keeping transparency of users ID, with their specific bank a/c and KYC details like the Zebpay did in India.

In India Zebpay, keeps transparency with the details of customer KYC with the specific bank a/c's PAN and whole details gets shared with the government in order to assign them with extra TDS (as per Indian Tax System & regulatory).

2. Price Prediction: 

We all know that how the world works with the rule of demand and supply. But the Bitcoin is just a bit different, it works same with the rule of demand and supply as well. But, what is different? is that it is architectural in its virtual form. It does not appear with eyes but because of the huge amount of money deposited in it, its price has increased to 19000$ (end of the year 2017).

                          

The price varies every minute when the users of bitcoins deposits and recall their (bits) x money from its Bitcoin exchange.

When will the Price Increase?

                                             

Obviously, when more and more amount of money and mining is introduced into the model of Bitcoin exchange The price increases.

The mining process is nothing but introducing your high-end computers with software like Nicehash into the model of bitcoin exchange.The mining process makes the transaction complete between the users within a mathematical cryptographical model.

So, whenever you think the transaction for the exchange of money is becoming expensive for all over the world. Then the price increases and more and more peoples suggest making the transaction using Bitcoin. 

When will the Price will Decrease?

Recall of bits from Bitcoin market decreases the demand and rate. 

High Drop Down Prediction for Bitcoin:

This is possible only when the world war begins and in reality, more and more computer systems get damaged.

"But unfortunately, nothing is predicted yet. The possibility of bitcoin exchange can rise up to 40000$ 

But sometimes I feel that this is a planned project by US Government to ruin and expose the black money from all over the world"

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And, thanks for reading the post. I will catch you guys into the next one.

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