It's because it's something completely different than what they are used to until now. It might take some time until they understand what bitcoin and cryptocurrencies are actually about.
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Sure, why shouldn't they? It is a direct threat to their business model.
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Sure, it increases variety. Think of it as different fiat currencies you may want to invest in. Just because the dollar and euro are the strongest currencies right now, doesn't mean other fiat currencies are not required?
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I think at the moment, yes. Bitcoin is the flag carrier of cryptocurrencies, so it is definitely the most important of all cryptocurrencies.
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$10K is definitely approaching. I cannot tell you when it will happen, but it will definitely happen in the near future.
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The main point is, fiat currency is issued by an authority, and bitcoin is not. Unless the architecture of bitcoin changes completely, bitcoin will never be fiat.
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They will continue to claim it will never be legalized until they figure out how it can be regulated in a fashion which is the most profitable for the government. Then they will legalize it. As people become more and more aware of bitcoin and take their money off the grid, governments will see that there is no option but to legalize & regulate it.
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Everybody would want them back, I guess. They constitute a huge user base and them coming back would be a huge morale boost for bitcoin, in my opinion.
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Keep at it! Getting campaigns to accept you should be easier the higher your rank goes. Until then, keep watching out and make sure you are acrive on the forum, writing high quality comments.
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We are not that many people to effect a change. When you think about it, only a fraction of people know about and invest in bitcoin. It's still early for the "everyrhing changed forever" talk.
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Bitcoin does not need a leader, does not need a face. It is the idea behind it. If you need a face on a currency, you can invest in fiat.
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So a new currency is going to help create a moneyless society? How does that work exactly?
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I have not yet seen any valid argument apart from this to prove bitcoin is a bubble! and yet they keep repeating it.
There have been an avalanche of arguments. But you are apparently in the camp where your ego is so fragile that you cannot get yourself to admit the party is coming to an end, and that your dream of becoming rich without having to work will not come true. Well there are a bunch of arguments for and against, so one side is not automatically correct. Besides, you keep referring to "getting rich without working", I see no difference between investing in bitcoin and buying stocks and waiting for them to go up, as far "getting rich without working" is concerned.
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Bitcoin now is too big for a bubble or the risk is ever the same?
"too big for a bubble"? No, it is different - as it grows bigger faster, the bubble is expanding further which means that the crash will also be bigger If you think it is a bubble, that is. The price is rising, yes, but what exactly makes yoı think it's a bubble? Because it fits all the parameters of a bubble as we have seen them again and again. What is needed is that you prove why this for the first time in the history of the world is different. And don't start on the "new technology" speech, because we have been there many times before with technology that was much more disruptive when it came out such as the steam engine, the printing press, the airplane, steam ships, the internet and so on and so on and so on I choose to look at it not only in terms of bitcoin, but cryptocurrencies as a whole. Some altcoins are rising, some are falling and some are stagnant. Not every currency is rising infinitely without reason, that's why I still don't see where the bubble exactly is. Sure, the bitcoin price may be higher than it should be right now (due to excessive demand, bullish markets, whatever) but the price can eventually correct itself and not necessarily in the form of a bursting bubble, destroying the rest of the market along with it.
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Bitcoin now is too big for a bubble or the risk is ever the same?
"too big for a bubble"? No, it is different - as it grows bigger faster, the bubble is expanding further which means that the crash will also be bigger If you think it is a bubble, that is. The price is rising, yes, but what exactly makes yoı think it's a bubble?
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Well until recently bitcoin was not popular at all, so people didn't need to comment. When the price first started to rise, people tried to claim it was a fraud, which is simply not correct, obviously. Since those comments died down, recently people have started to attack from another angle: claiming that it's a bubble. I've been hearing the word bubble being thrown around a lot lately, so it's not surprising that people have started to criticize bitcoin once again.
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Whenever the price goes down a little, I buy. If you think long term and do not need the returns immediately, every small dip is a purchasing opportunity in my opinion.
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Wonderful news. OK, the fees may be little high initially, but as bitcoin becomes more and more known, hopefully the fees will decrease as well.
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I think nobody knows for sure. The exact reason why the price is increasing is difficult to pinpoint.
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Sorry to hear that man. Just goes on to show you how careful people have to be, everyone is trying to get their hands on bitcoins at the moment.
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