it is a damaging thing for sure. specially in long term. in short term it may just be a temporary and small drop and fast recovery but in long term if more merchants like Valve for instance, drop bitcoin then things won't be as good anymore.

we do need larger blocks but whether it will bring them back or not, i am not sure.

total amount of fees in the last block mined was 8BTC=$100,000+ and block reward is 12.5BTC=$180,000

probably not. https://cointelegraph.com/news/bittrex-leaks-user-passports-in-support-emails-says-russian-telegram-channel
there has been a couple of incidents like this where they just leaked your information online.

and also there is nothing stopping them from selling your personal information online to whoever wants to buy it and do it multiple times.
and that is not something unheard of from people who simply scam thousands of users out of a lot of money.
https://bitcointalk.org/index.php?topic=1954598.0
https://bitcointalk.org/index.php?topic=2465829.0
https://bitcointalk.org/index.php?action=trust;u=96390

i agree. we needed the block size increase with SegWit2x (New York) agreement. everyone was on board, miners, businesses, wallets,... but developers weren't so the community didn't get on board either. and that was the thing that activated SegWit in first place!

and now nobody is implementing SegWit, the big wallets like blockchain.info and Coinbase aren't doing it. exchanges apart from 2 or 3 aren't implementing it. and people are still not using it.

it will lose dominance but it won't be for long.
because altcoins have the same scaling issues and then some more.
what will bitcoin lose its dominance to?

bitcoin cash? BitPay is going to start accepting it so i am expecting more adoption of it but it is just delaying the inevitable with its block size increase alone without a second layer solution like LN. and if it implements something like LN then why use BCH then!!!

ETH? the scaling issue of it is worse than bitcoin's! it can't even handle ICOs on it and everything goes south with a simple smart contract like cryptokitties!

LTC? it is the copy of bitcoin with more orphans. so no solution there.

XRP? it is not even a currency and it is heavily centralized, if you want a centralized currency then use Paypal or credit cards,...

these new DAG-based coins? they aren't handling that much more transactions than bitcoin. they still have to scale more, and running a full node and becoming a witness is nearly impossible, in other words lack of decentralization.

what else?

considering it was only $8000 in about a month ago, i'd say you should still be happy you are in a huge profit instead of being worried!
the cause? i believe it is two things, first the fact that price rose a lot in the past few months and also it needed a correction. second is the fact that fees are going higher and higher because bitcoin failed to scale for the time being.
can it drop more? maybe. the FUD is strong these days and the panic sell has just started.

1. true
2. half true. bitcoin can be replaced but it is the biggest not just because it is the pioneer but because the alternative choices are all with lots of issues. you can not compete with bitcoin when you have lots of issues yourself.
3. 100% true.

then what is the best coin?
you see, that is the problem. there are no coins which we can consider better than bitcoin. there are some that come close but when you look deeper you can see most of it is illusion.

because bitcoin is used and those altcoins aren't!
it is actually as simple as that. the same as bitcoin cash you mentioned above, yourself. if 99% of those altcoins were used as much as bitcoin, they would be starting to show the same symptoms and in some cases even worse ones.

this is pure click-bait article and mostly spreads FUD.

it is true that there are concerns everywhere in the world regarding cryptocurrencies in general, including bitcoin which mostly involves taxes, the anonymous cryptocurrencys which has nothing to do with bitcoin but they are talking about coins such as Monero and ZCash,..., and finally ICOs which are illegal fundraising all around the world.

but the articles like this are published in a way to pretend they are talking about bitcoin and they plan on "banning" it.

yes you can, but only if you have selected RBF option before making the transaction.

in fact when you perform a "increase/bump fee" on an RBF  transaction it does nothing to your wallet balance. it just increases the fee from the funds you have been sending.
for example you had a transaction output of 0.005BTC which you spent in your transaction. you paid 0.0048BTC and the 0.0002BTC went to miners as fee.
if you increase the fee of this transaction assuming it is an RBF one, the output will change to 0.0047BTC and your fee will become 0.0003BTC but you are still spending the same transaction output which was 0.005BTC

if you know the type of the seed those 12 words are (the derivation path) then you can use it in Electrum to recover all your private keys then by having  control on your private keys you can do anything you like with your funds including RBF and CPFP.

i don't know where you are looking and at what! but what i see is the normal trend of bitcoin that it always had. it is a simple correction of the exact same size as previous corrections! or maybe you have never seen bitcoin price drop before?

a dump is when bitcoin at least loses at least 35-40% of its value (that is reaching $11,000). so far we had 21% drop max with most of it being recovered and stay at ~15% lower than the ATH but still higher than last month!


are you trying to spread FUD?

sorry to burst your bubble but the way the world works is that people only care about more money and how they can make it. at the end of the day they are not controlled by emotions of "not being a sheep" but they are controlled by the emotions of "BCH is getting pumped lets buy it" and then dumping it for the profit on top.

why do you think the bitcoin.com owner publicly said he sold his BTC for BCH before the pump began? and what  do you think he is going to dump BCH for when the pump is over?

to me he sounds like someone who failed to do proper research and maybe he was under pressure to write an article and he was out of time, so he went to some random dude on the internet and asked him what bitcoin is and that dude told him some misunderstandings of his own and he got it as reliable source and published the crap out of it

it is interesting that it is using "bubble" in it too! despite the article being about the subject of "currency" not the price of it.

it wasn't exactly "after" the rise that media changed their stance and people started trusting bitcoin more.

the real time was when Japan adopted bitcoin. as soon as they called bitcoin a "legal method of payment", everything changed. people stopped believing the social media FUD about bitcoin and started getting on board. and as more people found out about this, more of them started investing and price went higher and higher.

as a consequence of rise obviously more people start investing

what you should know about these features such as RBF and CPFP is that not all miners implement them and in case of CPFP there are not clear rules about it like saying it should be paying this much fee or that much fee.
it just says it should cover both transactions.

at the present a high priority transaction needs to pay 640 satoshis/byte and your first transaction was paying 100 S/B that is 540 S/B lower than recommended. your second transaction should have paid 640 S/B but it is paying 800 S/B which is 260 S/B higher than recommended and that 260 is not covering the 540 difference from the first one.

lets say each of your transactions are 225 bytes. in order for a miner to mine 2 of your transactions which is 450 bytes you need to pay 450*640=288,000 satoshi but you are paying (225*100)+(225*800)=202,500 satoshi. as you can see it is not that low but it is not high priority either.

if your translocation is out there, you will find it somewhere.
if it is not out there, and you can not find it then simply spend the funds again. in other words create a new transaction.

and it usually won't be forever. it is either dropped and forgotten, so to speak, or it will be confirmed.

it stays in your Electrum, not in cash but in your wallet file. you can open it in a text editor and see it if you like (although be careful not to change anything!). it is stored there but each time you connect to a new server, your wallet sends that server a request and asks it about transactions that belong to you and the server (the Electrum node) answers back and your wallet updates.

it is actually not a bad thing that not all servers have your transaction. imagine you didn't use RBF and paid a very low fee and now your transaction is stuck. when you have the tx in your wallet Electrum won't allow you to spend it. so you are screwed. but if it is not in your wallet (like when you connected to a new server and it disappeared) you can now create a new transaction with a high (appropriate) fee and resend it and hopefully get it confirmed fast this time.

yeah, i have no clue why it crashes, sorry...

well i can't say if it is better or worse really.
for example if you don't want to move the funds and also if you already have that particular private key backed up, why would you even import it in a new wallet. let it be in your back up.

also it depends on your setup. for example where did this private key come from? is it another wallet? and what is the new wallet you are sending it to? for example if you have the private key from your Multibit and are trying to import it in a new wallet that you created with Electrum, you can not do that because your new wallet contains a set of keys (and new keys that will be created in the future) all of which can be recovered from a seed. but if you import this new one, this key can not be recovered with your seed so electrum does not even allow you to do it.

to claim each of these new coins they keep creating these days and call them bitcoin forks, all you need to do is download the wallet they are releasing. in some cases this may be very risky since most of these projects are pretty unknown.

in case of bitcoin cash, go to http://www.electroncash.org/ and download the wallet.
i suggest installing it away from your Electrum wallet because it will copy all your electrum wallets into its own directory and you may not want that.

there is no way to estimate such a thing because when mempool is this huge, there are a lot more transactions that can be confirmed.
all the estimates that you see like saying X satoshi/byte gives you confirmation within 25 blocks is for when there are not 200,000 unconfirmed transactions out there. because there is always more transactions with higher fees and new ones being created.

it is impossible to predict because it is a competition. a block can contain something around 2500 transactions on average (sometimes more, sometimes less). so you can guess how long it can take to clear the mempool assuming no new transaction is created!

let me see.
the founder of largest bitcoin site means the owners of bitcoin.com. and who are they? the answer is the same people who created bitcoin cash!

it doesn't get any more obvious than this! do you think someone who created something is going to say the competition of that thing is good and say they are investing in the competition? no they are going to say they have dumped the competition and bought their own creation.

in reality they are the biggest owners of bitcoin who just spread this FUD in order to do two things: pump bitcoin cash and make profit from the rise, also cause a drop in bitcoin so they can buy more of it at the bottom.

be careful, this does NOT seem to have anything to do with SegWit2x

https://bitcointalk.org/index.php?topic=2595620
this is a very different project, with different developers and different specifics. and also it does NOT have a source code yet.

additionally if you check yobit the market for this is called B2X but the market for the real SegWit2x which they did distribute a long time ago is called YOB2X

your poll has nothing to do with your question!
people may use bitcoin in any number of the options you provided here and bitcoin still be or not be in a bubble.
and right now i believe we are in a bubble but not in the way most people think it is. instead it is a small bubble that will be corrected in a short time with a small drop. of course that is under normal circumstances, we can never predict what unexpected things are going to happen in the future.

it is a simple price correction after a long and big rally. it is not something you create a topic about really. just like when it is going up!
and right now we are having another bitcoin cash pump, like the last time and they are manipulating the price again. so i guess it may even drop more.

of course it will. but it will take a while. first they dump and then weak hands start to panic and price goes down a lot. after a while of accumulation and drama it will come back up.