Maybe you have your own differences with bitcoin going up above $8k, but bitcoin doesn't seem bothered, the price of bitcoin is going high and reaching to $8k+ by the end of the month cause $7.5k has been surpassed.
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What will happen if people just stop buying bitcoin? Will bitcoin be as usable as now Or will it be a step towards the end?
How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
From the OP, there is no actual reason why there should be no more buyers of bitcoin, it's pointless. There will always be buyers and sellers, and that is what will keep the market going. Everyone can't just wake up one morning and say I won't buy bitcoin again, this might happen to one person, not everybody. If that should happen, the price will be stagnant, cause there is no demand and no supply(ier).
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The entire market is in the red. Everyone has lost money. What do you think?
I guess a little long term wait on the altcoins prices will be helpful, to clear you up from the thoughts of loss. And to leave the exchanges and their exchange rates will be a great deal of effect ,when next you check. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Bitcoin can only be for everlasting and not for ever, cause no one knows what the future has for it, whether there will be a new altcoin that will take its place or the blockchain technology will be totally terminated.
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With all the drama around 2x now over and BCC seeming to take away some of the market from BTC, is BTC still king and still set to rise to $7k this year? Thoughts?
Bitcoin will get to $8k before the year runs out. And the attack bitcoin cash raised on bitcoin was just a room of showing its head so that it can be known and seen among the top coins in crypto.
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I'm not sure I understand, that after getting so high. Why there was a gradual fall in the BTC value?
The price of bitcoin always drops from a higher price because it wants to correct it's spark, and when that starts happening, the price becomes settled and gradually increase. So, there should be no panic.
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Bitcoin getting to $500k in three years, this is too high to be attained in three years. Before bitcoin will hit a $50k, it will have to take over 5-7 years from now. So, I will say bitcoin in three years from now will cost around $15k-$20k.
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The price of Bitcoin ia really appreciating is it possible for Bitcoin to cross $10k by December? Expert help please.
Anything is possible, but with this amount, it will be very narrow to be possible. With the past dip in the price of bitcoin, it has been slow for it to come up to its initial price. Which means it might be around $8k-$9k before the end of the year.
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Right now i trying to mining a lot of coins, i thinking its mabey its good to save the coins like 6-12 mdr before selling it.
Can orther explain about its a good point else about the risk its to high to lose to lot on it?
I don't really get what you are trying to say, but if the coin you're mining is bitcoin, or another coin, it is always a good plan to get the highest profit. And the risk behind it (bitcoin) is the dips in its price.
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I dare to bet with you is no one can destroy BitCoin, Can not BitCoin will last forever and go with the development of humanity
Governments can destroy it, if they unite against it The only way the government can destroy bitcoin is, 1. They destroy the blockchain technology, and 2. They shutdown the internet. If this two can be done, then bitcoin has been stopped. If option 2 takes place, then the whole world will go back to stone age.
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The fear people are having in bitcoin is in its price. The up and down fluctuation in its price is a huge trouble, that if you are not into crypto for long, to understand how it's things are done you won't stay long in it, so as to avoid heavy losses.
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In future will the banks be able to exchange bitcoins? Now we are exchanging from traders...but when (if) the popularity of bitcoin increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of bitcoin?
If banks should directly start to be the medium of exchanging bitcoins, then it has gone into the government control and tax will be collected from every holders of bitcoin.
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This would be great for industrial developing countries, especially those recognized by governments as Bitcoins. In my country they have very little good news about Bitcoin because everyone in my country is still not aware of Bitcoin.
Today in my country, due to a large rate of unemployment, people has been forced to find a way of earning money, and has made a big impact that people of my country (not in my are), has known about bitcoin. This means with a matter of time, more and more people will know about bitcoin.
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I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
With a very close look, they will with one way of the other, they have some investments into bitcoin and other crypto currencies. They might newly (ie late 2015- mid 2016) be investing into bitcoin due to its high price speculation.
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Saving Bitcoin in a wallet for a long time is there any risk? while for long-term investment I have to keep it in my wallet. Please advise...
When it is for a long term store, it is more advisable to use a hardware or paper wallets, where you are in full control of the activities done. If it's an online wallet, it can't be fully trusted cause you are not fully in control of your coins.
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OMG, Bitcoin falling again, current price = 3866USD. What happen? we losing money every hours. Need exchange BTC to fiat? Who can explain this situation?
If you sell now, you sell with panic and not because you wished to. If you can hold on till this is over, then you'll enjoy your patience. No matter the dip in price of bitcoin, it always rises again and most times above.
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I am asking this just to see the different opinions of Bitcoin community about its long term potential
I know Bitcoin is actually strong enough and stable as well
But what do you think about it after 100 years ?
I can not predict bitcoin until 100 years ahead, because at that time maybe I was not there, but if the user always like now I'm sure bitcoin will always be the main choice As far as there are people still using bitcoin before that time, as it is now, then it will survive the long term. If the internet is still up and running, then there is a full possibility of bitcoin to still be in use by the masses.
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Who were thinking 12 months ago that bitcoin would reach 7k by the end of 2017? Bitcoin never match the expectations, exceeds them. I wouldn't be surprise to see 50.000 $ by the end of 2018
Exactly, cause anything is possible with bitcoin when it comes to price speculation. For sure no one will say bitcoin will get to $6k by the end of 2017. So, 2018 might be much higher than expected. Just wait and watch.
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I wish this would become real..
What do you mean? Everyone that is currently using bitcoin is very happy, the price is increasing on a daily basis, (dispute some dip), which is giving to the investors at high profit. It is also used to purchase things from online shopping sites, and above all, YOU CAN CONVERT IT TO YOUR NATIVE CURRENCY.
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