Yeah definitely. Right now the bitcoin price is stabilizing at around $750 or so and it seems like $700 is the new floor. I think it'll definitely go up once more in a mass scale before the halving.

This is fantastic for BTC holders

It really cannot be predicted what will happen after the halving. Nobody can tell the future, but from the data we have now we can safely say that this rise in bitcoin price is probably caused by the bitcoin halving hype.

I think the price will readjust itself after the halving, stabilize, and then slowly go up once again to $2k+ within a year.

Well, it really depends on how I lost that coin. If I gambled it, I'd probably cry for a week because I probably told myself not to gamble with stuff that I can't afford to lose thousands of times before.

But if I had 1 million coins and I only lost 10,000 coins, then I probably wouldn't give a damn lol.

Because it is virtual, anonymous, decentralized and trustless - all of the things that we look for in a good currency. For example gold, it has been proven to be a great currency but there is portability problems, but bitcoin is all of these things.

Which is why bitcoin has a long way to go from here.

Definitely. This halving is absolutely going to bring the price up especially as we get nearer and nearer to the actual halving date. That's why I think there will be a huge rise in price yet to come.

I would hold it as well, for the long term.

I would really like to use my bitcoins in everyday purposes like buying my groceries and paying my bills, as well as more digital goods like gift cards. I would also like to see more investment opportunities to invest in.

We can already see some of this happening, but not fully

Well, bitcoin casino owners are usually very trustworthy because they have more to gain from running a legit casino than from pulling a scam that will only yield them a few hundred BTC.

Most of them are also provably fair, so you don't need to worry.

Well, bitcoin is designed to be spent as a currency. So it is always good to see some more people using bitcoin to buy digital goods and physical goods on the open market. There are obviously drug markets as well, I don't think anyone should touch it though.

However, I mostly hold my bitcoins. It is very profitable.

Great to hear somebody that is so devoted and believing in bitcoin. It is rare to find one these days Well, good luck on your investment and I'm 100% sure that it will go very well.

Just don't sell in the short term, hold it.

I guess bitcoin can be used as a tax evasion method, as you don't need to pay any taxes for holding your bitcoins anonymously online. As it is anonymous, people can do drugs with it as well.

I guess that's why some countries ban the use of BTC.

some people say that bitcoin is the virtual gold and litecoin is going to be the virtual silver, but I don't think this is going to happen. Bitcoin can function well itself and doesn't need any alternatives.

I think all altcoins will die off, just a matter of time.

Hahahaha look what you were saying. And we just reached $700 a week back and the price is still going extremely strong. The extremely bull market isn't going to stop from here

Bitcoin has no limits in terms of its price. It has all potential to hit even $1 million.

Well, I started out my bitcoin career mining on my laptop. Obviously I didn't find any blocks but it was a great introduction and I think everyone should start with bitcoin by mining.

Or, you could tell them to read wikipedia. Which is boring af.

Well, yeah. But really that's probably your own fault and the same thing could happen to your bitcoin wallet. If you don't have a safe enough computer, then anything on it could be hacked.

But bitcoin is anonymous and paypal is not, which is why I prefer BTC.

Well, that is really not a smart thing to do. Buy low sell high, that's the virtue of all traders. If you buy high sell low, then you probably should just quit the bitcoin community altogether.

I think it's important, but some people care way too much about the price.

Well, holding is probably the safest thing you can do but if you want your profits to be in BTC instead of USD, then you should definitely consider trading if you have the guts to do it.

However, do not trade if you have no knowledge and if you can't afford to lose the money.

Well, there are every possibility that your wallet can get hacked and therefore your coins will disappear right in front of your eyes. However, this can be avoided easily with simply security measures.

The entire bitcoin network disappearing is... impossible.

Yeah, if the current trend really continues, which I definitely think it will into the long term future instead of the short term, then the price of bitcoin going over $1000+ is pretty much guaranteed in two months.

However nobody can tell for sure.

I've seen kids who are already involved with bitcoins who enjoy browsing through faucets are earning that 1 cent or so that they get for each click they do. This is a great way for them to earn their weekly allowance.

Some teen entrepreneurs can also start their own BTC business.

I guess it's the irreversibility that is stopping people from using bitcoin, however, it is the thing that attracts people to bitcoin as well. The problem with newbies is that they are easily scammed.

It's not a good feeling to get scammed, so they stop using BTC.