Such forecast is exaggerated and really doesn't have any solid ground. I know it's called forecast or speculation, but still let's be at least a bit realistic. In the next couple of months I don't expect some major changes in price valu, conditions on the market are not indicating any of this. To be honest if the price goes up to the 6000$ again until the end of firts quarter that would be really a surprise to me.
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I don't think that true identity of Satoshi would influence the Bitcoin, at least not in substantial way. And the thing that someone here mentioned that governments would pursue Satoshi if they new their real identity sounds silly to me. And I completely understand that Satoshy has no desire to reveal the true identity and for me as a Bitcoin user this is not relevant in any way except maybe for curiosity.
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It looks like Bitcoin price will not return to some steady growth so soon. After a short period of small rise the other day now it's again beginning to fall. Still I can't say that I'm surprised much although many thought this is the sign of recovery. It's possible that it will fall all the way to 3000$ although I hope this will not happen. Certain thing is that we will have to wait a rather long time for Bitcoin to fully recover.
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This is probably something what somebody told him to say but that necessary doesn't mean it's true. He probably wanted to encourage people in a way because I think many of us are aware that new recession is coming. And I would say this is something that occurs regulary and can't be avoided, it's some kind of economy rule. How will recession reflect on Bitcoin? I don't think it will make some direct consequences but if recession comes people might turn to Bitcoin as an alternative and thus influence the demand ratio on the market.
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I think it's still too early to make such conclusions. Some poaitive movements are present on the market but it's too soon to call that bull run. To my opinion we would need constant price rise of few weeks or even months in a row to make the conclusion that we have left bear and entered into bull phase. Many are disappointed with 2018 and they are very eager for 2019 to be successful year for Bitcoin but it takes a little time and patience.
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Let's just not bother with such comments. We are all aware that some users are here only to get attention and don't have any constructive contrubution to forum. But the goal is completed, everyone is writting their comments. On the other hand everyone has the right on its own opinion, good or bad about something but I would add exclusion as long as it makes some sense.
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Usualy I'm an optimist but it's hard to tell what to expect from this year. Having in mind past experiences I don't like predictions, especialy not from so called experts, and I don't like to rely on too big expectations. But the fact is that current situation on the market will not last forever and some changes will occur. This might not be as fast as some expect as well as not in direction we would desire.
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It's hard to tell. Many are disappointed with the last year and expecting for 2019 to be the next prosperity year for Bitcoin. But I say don't expect too much not to get disappointed at the end. I beleive the market will recover but it will take time and even to reach 6000$ again will be quite a success. ETF might be another topic for Bitcoin this year but even if the final result will be positive I don't think this will affect Bitcoin in a way that many expect. But we need to keep optimism, Bitcoin has a good future but still takes time and patience.
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I know that many don't like KYC and are looking for exchanges that don't performe it. But did you aak how legitimate and secure are such exchanges and are you protected in case that something goes wrong? KYC is obligatory according to money laundering and counter terrorism law and every subject must respect that in order to performe legal and legitimate business. So what in case that authorities inspect and close the business of exchange that don't respect KYC rules, do you think that your funds would be protected and secure in such case? I wouldn't risk that much.
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To my opinion the list of the most promising coins is not changing much despite the new coins appearing all the time. So if you ask me these would be Ethereum, Monero and maybe Zcash. Other don't belong in that competition. If you choose some of these three to invest you will not go wrong. And of course Bitcoin, but that is totaly different category and no other coin can't compare with it.
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I don't see why not. The price doesn't have to be extremly high to be worth explaining and recommending to others, if that is what you thought. In fact now it's maybe better time for newbies to join the Bitcoin because price is not fluctuating that much and not so much funds is needed for buying Bitcoin. You can and should explan all the theory but the best education is on practical example so everyone should try on its own.
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I think people have never left gold. Those who prefered to invest in gold kept that habit. Besides I don't think at all that Bitcoin is replacement for gold and I don't like these two assets to be compared because I think they are quite different. I also think that Bitcoin investors and gold investors are quite different. Investing in gold has a long history and not only by individuals but by the governments and banks too and I don't think this will change no matter the Bitcoin and other cryptocurrencies.
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Miners need their share, that is why paying fees is necessary. I know many users don't like fees but on the other hand everyone in the chain should get their share and I think this is fair. But today fees are really not high and you have the option to control them so there is no reason to complain, at my opinion. And nothing is completely free, so isn't the using Bitcoin either.
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Once again Bitcoin has shown how easy price can change and how unpredictible can be latest almost sudden price rise. Still, this doesn't proove anything and it doesn't mean that will continue and last for longer period of time. So I would be very careful in predictions and wait for a while before naking some conclusions. It's good to be optimistic and I am but at this stage I don't expect too much of 2019 and I don't share the opinion with some that we will see 10000$ soon.
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I think that people beleive in cryptocurrencies as a concept, a new technology and the future of finances. And Bitcoin is leading cryptocurrency with biggest value and acceptance in real world and because of that people trust it the most. Although not very possible this might change in the future and ifopportunity some other coin takes Bitcoin's place, cryptocurrencies are here to stay and they could only develope further, they will not disappear. To beleive in Bitcoin means to beleive in some totaly different economic approach but still the profit shouldn't be the most important.
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As far as I know there is no possibility to pay your credit card bill with Bitcoins. But there are some possibilities with certain apps to pay bills of one credit card with another card so you can use Bitcoin debit card to pay the bill. It's not direct use of Bitcoin payment but stil you can use your coins. So, it's not impossibe you just have to use alternative method.
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It's nice monthly sum to invest but you should be very careful where you will put your money. It's golden rule not to invest exclusively in one asset so not to put all eggs in one basket to minimize the risk of potential loss. If I was at your place I would put half of that in cryptocurrencies and the other half in some investment tied to fiat money. When I'm talking of cryptocurrencies I wouldn't waist time on different ICOs but put everything into Bitcoin and Ethereum. But that is only my opinion.
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To be honest I don't expect too much of this year but I don't expect for the price to fall further. So, to my opinion Bitcoin will not go down to 1000$. In fact I expect for price to gradualy recover. That might take some time and the final values maybe will not be as high as we would like to but I don't believe that we will experience such big dump. But also it might take a very long time before we see 10000$ again.
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Actually it's hard to say if this year will be better or worse for Bitcoin than the last one. Many are hoping for the price rise and thus even bigger acceptance of Bitcoin but in fact the situation that we are having now on the market could last for a while and no bigger chsnges might happen. What I see in 2019 is further attempts of Bitcoin regulation by some developed countries and at the end that might affect the price too.
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To sell at certain level of profit or to wait for bigger money depends on your apetite for profit. If you are happy with 10% and at the same time afraid of loss then go for it. But I think sometimes it's worth taking a risk to grab more.Anyway, it's up to you, your choice but my personal decision would be to wait.
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