Such bad news come frequently related to bitcoin.But good news is that it exists only temporarily.Every time,when bitcoin price falls in such situations,soon it rises and gets settled in a new price higher than its previous price.Since bitcoin is a decentralized currency uncontrolled by any one,such price dips are unavoidable.This week too after reaching ATH price of $5000,bitcoin price fell almost 20% to $4000.that price dip was a great chance for people waiting to buy.But soon it recovered to $4400 today due to huge buy wall.

Even if you are a little bit late,it does not mean that you are in the end of the journey.Bitcoin has just crossed its initial eight years and yet more peaks have to be reached.After 2 years,even you would think that you are blessed enough to have bought bitcoins now.Bitcoin may get legalized in many more countries by that time increasing its demand continuously.Bitcoin price is sure to increase.After two years,bitcoin price may even reach $15,000 to $20,000.

I think that only a name could not determine the growth of a crypto currency.There are many more factors which determines its success.But the name could act as an added benefit for that currency.For example,we don't know why satoshi decided to give his crypto currency name as Bitcoin.But it was catchy and we could not consider now any other name than bitcoin which could best suit it.Just like a well decorated shop first attracts the customers,but only survives if it delivers the customers satisfaction.Same is the case with crypto currency.Name could attract an investor but it would only succeed if it has a good road map,huge marketcap and big investors.

I think these miners will not stop fighting until they make this wonderful technology Bitcoin to get completely destroyed.Main problem arises mostly from chinese miners and its a grave mistake of bitcoiners all over the world for letting them to dominate the bitcoin mining.Due to it,we are facing such consequences.We will be soon offered a bitter cake.These chinese miners are not at all loyal to bitcoin.All they need is quick money at any cost.All true bitcoiners wish is that bitcoin must not be left to be ruined.Bitcoin should continue to succeed transforming lives of many more thousands of people.

To be honest,i have just used my bitcoin for recharging my mobile.Unfortunately,bitcoin has not been announced legal in india and there are no large number of services which accept bitcoin payment.I would have to wait for six more months to buy any thing in india with bitcoin as bitcoin would have been made legal by that time.I'm a little bit crazy about electronic gadgets and i had an idea of buying electronic gadgets online with bitcoin.But bitcoin price increasing highly nowadays had made me to reconsider the idea of spending bitcoin and just to hold it as an investment.

I don't know for what reason op stands blindly supporting miners for their fee.Every one very well know that bitcoin transaction fee is very high and uneconomical in terms of small transactions.Miners ether need a high transaction fee or thy just want to mine BCH which seems to be much profitable and easier to mine for them.Segwit has been activated and it would completely get locked in in november and after that,the transaction fee would start to decrease.But surprisingly,today,my transactions got confirmed within thirty minutes with very low transaction fee.

We could see from the past history of bitcoin that it has potential to survive even the most critical situation.Despite various actions carried out by governments and banks,bitcoin has survived.We have not seen a potential altcoin to replace bitcoin over these years.So,no one could deny that bitcoin would last for more years.The reputation of bitcoin would get spoiled by frequent hard forks,but still it would survive.The only problem it could face is the quantum computing.It is said that quantum computers could read the private key from the public key.That my be a great disaster for bitcoin.But now itself,cryptographers are working to prevent such threats in future.

I have heard most people regretting for not investing in bitcoins earlier.Earlier,most people said that it would not exist for a long time and that it would soon die.Those people not even lost their opportunity of earning with bitcoins,but also have spoiled the golden opportunity of other people also who gave importance to their opinions.I think that early birds deserve the most for enjoying benefits from bitcoin.They have kept their trust in bitcoin when there was no one ready there to believe it.That's why,today they are enjoying huge benefits.I came to know about bitcoins last year when its price was just $650.But i didn't do any mistakes.i realized its potential and started to work in bitcoins,even left my job also.Today,just after an year,i'm earning seven times that of my previous income and bitcoin price is $4300 today.

Every investment has some risks.Bitcoin is also not an exception to it.Since bitcoin is a decentralized currency,there is no authority to give any assurance to its value.Its price either increases or decreases in proportion to increase and decrease in its price.But,we could see a steady increase in bitcoin price.Its getting legalized in many countries.Mass adoption is taking place all over the world.So,we could invest in bitcoin confidently on seeing its present markt conditions.

Segwit would get completely locked in only on november 18th and till then clear results could not be expected.This was the stage previous.But now,this delay is occuring due to miners just mining empty blocks and some miners switched to mine BCC since they consider it profitable.But on november also,more miners who have signed in New York Agreement have decided to support segwit 2x,which should be activated within six months of signing agreement.It was signed on may 2017.So,a hard fork could be expected on november for sure and all things would get settled only after that.

There is no such bitcoin wallet which offers services without transaction fee.Transaction fee is the mining fee paid for our transactions to be confirmed.Even if you come across such offers,you should be careful because it would be only a scam service.Wallets must be downloaded from the official website and not from any fake websites.

Fees is going higher and it is deliberately done by the miners.Transactions are remaining unconfirmed for more time either because the miners need more fee or many miners have started mining BCC.We could hope that these issues get solved once segwit 2x is activated in november.Bitcoin is now suffering in a critical situation ,first BU,then now BCC.Its not good for the reputation of bitcoin.Regarding high transaction fee,long term investors would not consider it as an issue.

Hi Decoded,i was selected in your campaign and i had actively posted through out the week..But my name is not found in the spreadsheet.So kindly solve this issue.

Hello can you accelerate this transaction please.

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Hi today,i sent 0.008 btc from my electrum wallet to my localbitcoins wallet.I was shocked to see that they have mentioned that 0.00073669 BTC would be charged as incoming fee for just 0.008 btc.I didn't understand why they charge for an incoming transaction.Could they justify it by any way?

Yes,it seems that bitcoin has endless possibilities.First,satoshi created it as an alternative payment method to traditional banking system.Then,it was mostly adopted and widely used by dark markets.Then,people started using it to buy goods online and to pay for services.And now,it has been mostly saved by people as a valuable asset which could give huge returns since its price is highly increasing.And we don't know exactly that what would be the next possibility.So far,bitcoin has travelled in different grounds and yet to travel in many more.

Bitcoin was created by satoshi only as a digital currency.Th only issue for using it as curency which is the higher transaction fee problem has also been solved by segwit activation.Its getting legalized in many countries and many online staores and retailers are coming forward to accept bitcoin as payment.But the problem is that its high increasing price has madde people to think just save bitcoin as a valuable asset and not to spend it as a currency.

Yes,i too don't think that it could happen.Only one issue with the wallet would be that if you miss your private keys.But while using the wallets,we should first ensure that we really download wallet from the official website or not.For example,recently when hard fork happened and new BCC coins were created and many got free BCC coins equal to the number of bitcoins,one person has downloaded a wallet from Electrum cash.com which was later changed to Electron cash.com.He has lost his 40 bitcoins since it was a wallet from a fake website and instead,he should have downloaded it from the official website Electrum.org.

Spending more time in trading would definitely benefit newbies who don't have good experience about trading.But,other than that,for others,i don't think that spending more time in trading would either benefit more or give more profits.It is said that professional traders trade just once or twice over a month and they make huge profits than what newbies earn by making even thirty or above trades in a month.

Since you are a newbie,you should start trading with only a small amount so that the risk would also be low.First analyze the altcoin market and read the ANN thread of those coins in which you are going to invest,see its marketcap,who bigshots have invested in it and by this way,you would be able to find the most under valued coin so that you could get huge profits by investing in it.Also follow the rule,"Don't put all your eggs in one basket"Diversify your investment by investing in two or three coins so that risk of losing would be low.Don't get panic under any condition.Don't bindly follow the market and FUD and don't become weak hands by losing your coins in to the hands of big whales.