I think they have to revise their statement. Based from the current happenings about the price of Bitcoin, reaching 50,000 won't take years to be a reality, it would take only months. If 2018 would be as crazy as 2017 or even crazier, 50,000 will be reached within 2018. Perhaps on the Q3 or Q4.

After every correction, the price of Bitcoin increases and the current case is not different from the old ones. Bitcoin will increase in price anytime soon since many bought some Bitcoin during the correction. Bitcoin will not increase in price at all times. Corrections will happen from time to time especially when Bitcoin is at its peak. Do not worry about corrections. Just hold your bitcoins

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I know it's not late. Bitcoin is just starting to show its tremendous potential so buying now would be a good decision. However, if you'll ask me whether to go in to Bitcoin, I would prefer ETH, BCH, or LTC. Not just they are cheaper that Bitcoin but also they are showing great potential as well. Though Bitcoin is the best coin there is, buying a small amount would give you small profits also.

Buy then hold. Buy when the price drops and hold the coins you bought. Speculating when will the price will peak is difficult especially to those who are not traders. So instead of sell on highs and buy on lows, it is more convenient to buy on lows then hold and hold. Then just sell some in case of urgency.

You said it yourself, Bitcoin is a currency and can be used also just like a normal money so using it to buy drugs, pay killers, support terrorists, and other evil acts, this will not ruin Bitcoin. Back then when Bitcoin is not yet in existence, these criminals uses fiat and did that make fiat evil? Of course not.


Sorry to say but you cannot force anyone how to use Bitcoin. And the end result of using Bitcoin illegally was the other way around. It was the main reason why Bitcoin became popular in the first place.

No spreadsheet. Reports are posted here in this thread publicly.
Did you just join? If so then sorry to say but the application for this campaign was closed for Full Member and below 2 days ago if I recall correctly.

@Ehrhc

Is it required to join the Mainstream Crypto Media campaign if I am already a participant of the Signature Campaign? Or it's just optional? Thanks for the response.

Who would trust something they do not know entirely? Bitcoin is complicated and involves money, it is only natural for some or many people to fear it. Perhaps some trusted Bitcoin before but had been scammed by someone then gets over Bitcoin for good. There could be numerous reasons but the main must be its association with money.

I cannot see a connection between your Subject and to what is in your OP that I've quoted.

Why would someone make a new one? Simply because the old one is terribly broken. Too much inflation, government control, slow transactions and any more negative things you could think of. This is the reasons why Bitcoin was made in the first place. To cope with the issues faced by the old currencies.

Forks, either soft or hard, are intended to be beneficial for the Bitcoin Network. Forks are needed in order to upgrade and improve the Bitcoin Network in terms of protocol, for instance. Though they are meant to be beneficial, it is still probably harmful for Bitcoin itself. There could be possible bad sides.

The incoming forks, I believe, are just schemes like BTG, whose developers intend to raise funds magically. I presume that these forks will not harm Bitcoin nor make it shake a little, just like what happened when the BTG fork got underway.

The price could go up since many would want free coins so they would buy more Bitcoin. However, if the FUDster make some moves, the price could go down due to weak hands.

Bitcoin's volatility is partly positive and partly negative. This depends on the application and aspect of Bitcoin. Volatility is a good thing for the investors and traders because they gain more when the price suddenly increases. However, it becomes negative to practicality. Many accepts Bitcoin as payment but every minute of everyday the price changes. Perhaps merchants are getting pissed because of the excessive fluctuations. Let's add the fact that transaction fee is an added burden.

Volatility will stay since it is a part of Bitcoin after all. Alternatives must be considered, I must say.

And you call yourself smart? If you had enough then just leave, the community does not need negativity here and you are the living example of that. This is just some freaking scheme of yours so that you could buy some when the price drops. Sorry to burst your bubble but you have to do better than that. The community is used to this kind of scheme. Do us a favor and be unique, okay?

This is a great news for the year 2018. With the Lightning Network in progress, the build up of numerous pending transactions will be history and no one will use that again in claiming that Bitcoin will die because of it. Also, if the LN is in effect, the blockchain won't be suggesting bigger transaction fee because of blockchain bottlenecks. Thus, a better Bitcoin.

I doubt this being a bubble since a bubble bursts quickly. We are seeing the result of being volatile and the result of exponential growth of Bitcoin supporters. The knowledge about Bitcoin increases quickly and all began jumping in simultaneously. In short, the demand for Bitcoin is rapidly increasing and based from the law of demand, look at the price.

What a very tragic mistake. However, it's in the past now and it does not matter anymore. The things that matter now is what you would invest in.
BTC, in my part, is still profitable to invest in. You thought twice about investing in Bitcoin then because it was expensive then why would you think twice again because of the price. Bitcoin's direction is upward and you have to remember that.

Ethereum could be a good option and I personally like ETH as well. BCH is also promising today. I am pretty interested in buying BCH now than any other cryptocurrency (except BTC of course).

If you are firm about ETH then go for it. ETH has a great potential and it might go even higher as well.

Hold because this is a contributor in the increase of Bitcoin's price. It contributes in the scarcity of Bitcoin in the market that plays a major role in its current price. Holding Bitcoin is the most convenient way to earn in the long run. This is very advisable to those who does not know how to trade effectively. By holding, a person could earn just by waiting until the price increases and not taking risks of continuous selling and buying a.k.a trading.

Do not be fooled by the market cap. It is just a mere multiplication of the current price and the total circulating supply and nothing else. Thus, the market cap is not there to dictate the past, current, nor future price but rather, the market cap is there because there is a price.
Simply saying, there is no limit in Bitcoin's price. The price will continue to increase as long as the demand is constantly increasing.

The base principle of Bitcoin's price rely on the law of demand and law of supply. Since the price increased tremendously quickly these past months it would only mean that the demand for Bitcoin has also increased harshly. If you can notice, cryptocurrency has been so widespread in the social networking sites such as facebook and twitter. And since when we talk about cryptocurrency, the very first that would come to mind would be Bitcoin. This could be a great contributor about the price surge.

Very possible. To think that Bitcoin can increase over 1000 USD within days, how much if it would take 3 months? Yes, any thing can happen within those range, however, optimism is the nature of Bitcoin community so an almost 4000 dollar increase within 3 months would be a piece of cake. Hell, I'm expecting 15k within this year

Even though there are unions exist such as European Union, United Nations, or whatever global organization whose goal is to unite every country, there are still stubborn leaders of certain country that would object to some of these unions. So it is impossible to make each and every country to ban Bitcoin since many countries are supporting it as of this very moment. Banning Bitcoin is only possible in several countries but will never be worldwide.