Although it's true but you think 95% is just a bit much? Can you provide some data other than article to prove you're claim? Maybe some of the ICOs are scam but each of them has a purpose.
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As long as the coin that you been storing is not yet banned, you can hold that coin for as long as you want. But you may need to check to market when it's price is decreasing and increasing. You also need gas if you want to trade it on the blockchain.
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If you really needed it, then cash it out. But I suggest that before you invest it, do a lot of research about bitcoin. Don't just believe anything you hear or see. Ask a lot and double check things.
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If people are still believing in the concept of bitcoin and the technology behind it, then it will still last until all people who spent their time on it just stop believing in it. Or if the bitcoin market make a drastic turn around. When it's price continue to plummet until it is like at almost cents, most people who engaged at bitcoin for the purpose of profit will definitely stop. And when that time comes, you can say that bitcoin has died.
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I'm using waves and MEW wallets. Also I'm using coins.ph because it is the most trusted wallet here in the Philippines.
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Both have different values and prices so I think you should not compare this two.
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I don't think bitcoin will be able to recover and reach the $20k mark before the end of this year. I think in the second week of January will be the most crucial period of bitcoin.
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Based on the recent surge and decrease in price of bitcoin, I think it will be a roller coaster ride for the year 2018. We must expect the unexpected. Price will continue to grow but will decrease sometime, more bigtime people will sell their bitcoin.
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Of course they can. If they the government thinks that bitcoin is a threat to the financial system of a country, they can banned any transaction and use of bitcoin. But to think that it is now opposite. Because of its popularity, they want to regulate the flow and use of bitcoin.
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He sold all of his coins because he is always accused of fraud whenever he tweets about litecoin. He just distance himself but will still continue to watch the growth of litecoin.
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Some may use bitcoin to buy gifts, order foods online so it may affect the price of bitcoin
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They number of scammers are also rising up so we better be careful in doing transaction. It is also a good thing that bitcoin community is growing but I think we should limit the people that want's to become part of it.
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It is the best time for them to that. They are just grabbing the opportunity.
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Fluctuation in price is normal epscially in bitcoin. So it is not dead. And I smell some advertising about bitcoincash here.
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It is not bad to invest on altcoins but you should watch and know what altcoins you're investing in. Don't put all your investment money on altcoins so you still have some if the investment backfired.
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Assuming that it the internet will never shut down, it will not become centralized and there will be no world wars, then bitcoin can last more than 100 years.
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It is just me or the transaction fees are so high enough that it is like paying the same amount that you wanna sent?
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Same. I wished that I know and believe in bitcoin since 2009. When I first heard of it, I thought that it is just another waste of time and a scam. But here I am now, looking like an idiot for not taking a risk that day.
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If you refer to the people who attained degrees in college, then it is a no. Its for people who are knowledgeable on bitcoin. Actually, bitcoin is for everyone if you want to learn about it.
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