Crypto currencies: perspectives and risks (1)

After increased volatility last year, in recent months the bitcoin rate has stabilized in the $8000- $11000 range. In February-March the amplitude of fluctuations decreased - at the current moment bitcoin found a stable level in the $9000 area. Stabilization in the crypto-currency market may last several months, but then the exit from the "outset" with a sharp rise up or down is inevitable anyway. Where goes bitcoin - up or down - will largely depend on the position of the world authorities in relation to the cryptocurrency.
Since the end of last year, we have seen how the Chinese and US regulators tried to introduce some regulation in the sphere of crypto-trade. Their example was followed by other countries. In particular, we recall that the US exchanges introduced verification of all users, after which investors began to prefer Asian crypto-exchanges. Because of anonymity and decentralization, it seems impossible to completely drive crypto-world into a rigid regulated framework. The authorities have a choice: either follow the path of tightening regulation, or lead that which can not be defeated. Exactly how the comma in the sentence "To prohibit can not be resolved" will be put, the dynamics of bitcoin this year will depend.