I did not say anything about fiat currency. I said that it will never be worth 0 as long as there is use. By use I mean any case where the currency is needed. If you need it just to fulfill a dream of owning it, it is a use. Trading and speculation is of course a use. As for altcoins, on the contrary. I believe that if Bitcoin ever goes to 0 they will disappear as well.

 

I don't care but for different reasons. I don't feel affected by elections held outside my country. I don't even feel like anything changes in EU parliament. People change and I feel like the governments used to be built on the idea of greed and socialist redistribution and it is still the same decades after the fall of the Berlin Wall. You're much healthier when you focus on the politics that actually influence your life like your local town council.

You won't be able to get the wallet from coinbase, but maybe there's a way to roll back the removal process and bring the old wallet back. I'm not an expert in file recovery, but if you had a lot of money stored there it wouldn't hurt to ask mobile recovery store if they'd be able to do it. Some files are kept in cache and temporary folders, maybe some of those managed to survive, but it's important that you don't install any new software in place of the old one. It looks like you've already tried to reinstall the wallet.

My strategy in Bitcoin was that I'd skim a bit of profit from the top every time Bitcoin would break a significant level and hold the rest. I always tried to make it so that if I made 0.1 BTC from a signature campaign, I'd make sure at least half of it is held to increase my balance every year. When the price was low like 2015,16, I'd hold, in 17 and early 18 I'd still hold most of it but try to spend what I was earning at the time. Second half of 2018 and first part of 2019 was accumulation again and I spent some profit during the holidays of 2019 and so on.
As a result I still hold coins from 2015 and have never spent a single coin on a ponzi scheme or shitcoins.

My greatest failures?
Sold BCH early and missed the 2018 pump.
Sold some BTC in 2016. It was very little, maybe 0.1BTC, but the price was sub 1k USD, so I still consider it a huge missed opportunity.

That was my first thought as well. There's so many taxes that we pay like excise, property tax, VAT, import duty, road tax. For isntance, I don't pay income tax, but I pay all the previously mentioned taxes. I buy government supplied natural gas, electricity and water. When I want to get anything done (permits, documents), I pay for them. I own land so I pay for it too. I pay my medical bills and such. Why shouldn't I be allowed to vote? Does income tax, which I consider unjust, disqualify me as a conscious voter?

This thread is about BTC price in USD. At least that's what almost all posts focus on. You could say that the value 1BTC is 1BTC, but when we talk about its price we mean fiat currencies. Bitcoin is exchangeable so going to 0 means 0 USD, EUR, GBP...
It will not go to 0 as long as there's use. It can be speculative, or as a darknet market currency. It really doesn't matter. Even old RPG game tokens have some value, but when game servers get disconnected this value goes to literal 0.

Worse for the original owner, but not for the new owner, as it would allow that new owner to prove that he controls the coins and to argue that a year or 2 before he also was able to control the coins (even if that's a lie).
Moving coins proves you are the owner. Whether it's a valid owner is another thing. Valid enough to spend, that's for sure.

Can a temporary dip or a flash crash be considered a threat to the price? Bitcoin is strong enough to hold its value more or less. By more or less I mean the yearly lows and highs.
Take a look at the charts and statistics for Bitcoin. Every year the lows are becoming higher. If I remember correctly there was only 1 year in the history of bitcoin where the low price was lower than in the previous year, which means that the price is moving up, even if you're unable to see it at first glance, because like most people you're looking at high prices and pumps instead of watching the lows that really indicate what's going on.

What kind of real estate? Renting flats like airbnb? Such thing was meant to generate losses in a lockdown situation. I have a friends who is in real estate, has a hotel, a few flats, 2 houses... and he lost a lot of money this year, but still managed to stay afloat because he does a mix of short and long term renting, so his short term places generated losses, but those on long time rent weren't affected.

That situation with fees was a result of a beef of BCH devs with BTC. It wasn't a natural occurrence, but a situation which followed the segwit debate. I'm not going to explain all of it here but if you're interested there's plenty of articles from that year.
That said, it's natural for fees measured in fiat to increase when the price of bitcoin goes up. They don't go up by a lot in BTC terms, but their fiat value does, so there of course is a connection between bitcoin's fees and its price.

I can give you a much simpler answer. If they don't find a vaccine the virus will infect everyone and maybe 1% of the world population will die. Is that a lot? It is if you're in that 1%, but the economy will not collapse, the world will not end. It's about time people accepted the inevitable. We will have virus outbreaks every now and then and some people will die, but the young, strong and healthy will live on, with vaccines or without them.

I'd keep holding but I'm not an old man nor am I sick. It really depends on your situation. I'd probably sell 1 or 2 to make my home safer, get some more security cameras, a good alarm system, a fireproof vault to keep my hardware wallet in, of course move all my coins to at least 3 different hardware wallets with a backup for each of them. Get some additional safety features like fire sprinklers, some guard dogs, maybe even hire a security company to patrol the area. With that much money at home it might be worth it.

It's their reasoning not mine, but according to them, Biden is going to be better for cryptocurrencies than Trump because of 2 main reasons. The first one being that Trump was openly negative and said some bad things about Bitcoin. The second is that Biden is going to be much worse for the rich than Trump, so they'll look for ways to move some capital offshore, possibly through Bitcoin.

Demand is such a broad term. Behind demand there's always news, TA, real users staking real money. When a company buys 50 million USD in BTC there's a real purchase followed by press articles that incite google searches, new investors downloading wallets on their phones, new exchange accounts being made, new forum accounts created. All of this forms a demand. The real thing behind this rising demand is a combination of many factors.

That's true. They probably want to calm the society down and show they're doing something but in reality they know that people will get infected before they are able to vaccinate them. With the current rate it's going to infect half of the world population in the next 2 years and by the time they vaccinate people there will be a new mutation for which a completely new vaccine will have to be made. The virus isn't that dangerous if you're healthy. They should rather distribute vitamins instead of dreaming about vaccines.

Well said!
The bull market has begun before the presidential campaigns. At 10k we were already in a bull market and the Square Bitcoin purchase in October followed by PayPal's announcement made us go above 14k. I'm sure the pandemic and huge printing of USD and EUR in the recent months had also some influence on the price, not to mention positive comments from Michael Saylor whose company holds $400 million in bitcoin.

This reminds me of this clip. I bet one day this is what we'll have to face.
https://www.youtube.com/watch?v=GM3GM299orc





There's also a problem with safety features. If you make the robot weak and flimsy, he'll get damaged easily and won't be able to carry as much, open doors...
If you make him strong and tough he'll be hard to stop if anything goes wrong with his programming. There will be no need for hired hitmen anymore, you'll just have to reprogram the robot to kill the owner in his sleep.

Max Keiser said that Biden's win will push Bitcoin to a new ATH. This is an interesting idea that I don't completely agree with, but it will be interesting to watch how it develops in the following months. Chances of ATH hitting before Christmas are slim, but bitcoin likes to do the unexpected. A few months back most people thought we won't even break 14k this year. You can find the predictions in speculation to see that people were moderately bearish and now everything has changed in a week.

I agree with the above, there's no dumping. All I can see is coins changing hands with increased volatility. When a large wave of demand hits the market there's also a high counter force working from the other side as holders who made a lot during this run up decide to take profit. This is nothing to worry about and the price is still above the 14k level which is super bullish.

Let's say China makes their own cryptocurrency and opens easy transfers between banks and their local businesses. What will happen to Bitcoin? Nothing because Bitcoin is banned in China anyway so first of all establishing a local cryptocurrency would put them in a position where they have to specifically ban all other cryptocurrencies but their own. In such case their citizens who aren't now using Bitcoin would still be unable to use Bitcoin, which means 0 impact on the market if you ask me.