Everything needs development. There are no things in this world that are finished and will never be changed.

Think of other great inventions like a telkephone, a computer, an aeroplane, they all change throught the years. Computer languages change, monitors change, everything get better as time goes by... or get's abandoned and forgotten like the telegraph

Good job! It looks like they were interested. Next time you can improve this by adding a presentation on a big screen, a projector maybe. It will greatly improve your ability to engage the audience, especially a larger one. If you're talking to 10 people or less it's fine to use a laptop and just walk around to let them see everything.

I hope they will be doing something in this space.

This means that they more or less did the same thing as China.

They can say what they want and try to look good but we all know better. They did ban it because if you ban a financial product from the financial sector you are banning it. It's like banning apples from grocery stores and allowing to only buy them in person like from your neighbor or a grower. You technically can still get them but it's much harder.


If they did not want to ban it they wouldn't ban some features of it but let it develop freely.

I agree Bitcoin is great and it's still undervalued and underestimated because it's such a novelty. Many rational thinkers are scared to invest because they see Bitcoin as this misunderstood phenomenon that people are putting money into because they heard it brings big profit and makes millionaires out of teenagers.

It could be that many current Bitcoin investors don't even know how it works and those will be the ones to spread fear and panic when it doesn't do what they thought it will do (make them rich).

Too many people bet their money on the price to be above 15 and they will be the ones to panic and withdraw when it doesn't happen.

A true believer doesn't care or invests not expecting anything big to happen and stays calm. We need people like that and we need slow and stable progress not a hype that will get us to 20 thousand and then back to 6 because people got scared again. Bet low, expect 10 thousand and you won't be disappointed like those selling their houses and hoping for 15.

What are you talking about? Even if you bought at the very top for 19-20 thousand Bitcoin gave you plenty of opportunities to get your fiat back.
All you had to do is sell somewhere along the way down. You could have waited for 10 thousand and sold when the price went below because it was already a 50% loss.
Then you had a year to buy back. It doesn't metter when. At 6 thousand in 2018 or when it later fell to 3.

You literally had a year to do it from Spring 2018 to the beginning of 2019. If you did that you recovered. If you were too dumb to realize in a year that you should buy Bitcoin I have no words for you.
 

Scammers don't sleep and don't retire, only their ways change. Bounty scams are really a low and unprofitable way of scamming. Real big and profitable scams are on coins that don't even need bounties because they're based on big names and promotions like HEX. These coins give the devs millions of dollars in profits in just a few months and disappear. They don't have to cheat bounties or even respond on bitcointalk. Everything is done on social media.

Market cap and price don't tell us everything about the coin or its future. I'm still baffled why people consider XRP a good investment. Who and why is still holding their XRP bags.
You have a coin that used to be worth more than 2 dollars and now it's 0.2 dollars! If Bitcoin went from 20 to 2 thousand people would be shitting bricks but with XRP it's all fine.

I use it as a reference. It allows me to see if it's going up or down. I need that to know when it's the right time to spend.

You can't simply ignore fiat value because you don't like fiat. 99% of people will put their things up for sale with fiat price tags. Once people start putting bitcoin tags on items you can start a thread like that saying that we should care less about fiat price.

If you earn cash and are able to pay with cash you don't ever need a bank. When you get a lot of money just buy a safe.

Bitcoin works this way by being your cash but easier to store than real acash and immune to damage like fire/water. You don't need banks for something like that.

I crypto by holding Bitcoin and trading altcoin. I don't pay with cryptocurrencies because I don't have many options to do it besides maybe buying gift cards. I do it once every few weeks but I prefer to spend fiat and hold crypto.

I respect you guys for transacting every day. It requires a lot of dedication to liquidate a profitable investment.

If the virus spreads and causess mass hysteria maybe it will pump cryptocurrencies.

Without widespread panic I don't see how it would influence any investments besides maybe pharmaceutical companies. The ones that find a good antiviral therapy will benefit.

Your questions OP are very easy to answer.

You're concerned with traders and speculators. This is popular among them because it's profitable so traders and holders come first but when it goes mainstream and becomes popular not all people will buy to trade. Most traders are already here in the space that's why you think there's many of them. Wait until other professions get  interested. They already are and that includes bankers.

51% attack is not only very expensive but also unprofitable for the attacker because the attacker is invested in Bicoin. He owns mining hardware. If he damages Bitcoin he won't be able to get ROI and his attack will be similar to setting fire to his own server room.

Isn't it already good? BCH and BSV had a pump with SV trading close to its ATH. I know it's a shitcoin but you started talking about altcoins in general.
I saw that BTG also went through a nice pump.

The simplest answer is that if BTC goes up by a lot like near the ATH of 20000 altcoin s will also pump and get close to their highs. Wait and see what Bitcoin does. It dictates the pace.

I don't understand why would real estate for bitcoin be popular enough to legitimize mainstream payments. They are already legit in many countries and the real estate market isn't the biggest and the most popular one unless you count renting. In Europe renting is becoming more popular than buying especially incountries like Germany and Great Britain because apartments are expensive and renting doesn't chain you to the property and doesn't put you in debt.

This is going to happen anyway but gradually, don't worry.

Both are important but technology is more. Attention comes to products that offer something innovative and this means that a good product will eventually draw attentio and succeeed. A bad product can buy attention or lie to you at first but in time people will see it for what it is. It's the technology that counts because a bad project + attention usually means lies and scams.

This is easy to identify in some cases and very hard in other. That dump on January 23 was a whale move because how would you explain it otherwise? The price went down by $300 in just 30minutes  and somebody dumped 400BTC on Bitstamp in 3 minutes instantly taking the price down by $120.

It gets harder when that whale buys or sells many times a day putting pressure on the market but not dumping at all. You will never be sure who is doing what because exchanges will not disclose their users.

Whales don't own most of Bitcoin and only a small part of the coins in circulation are available for trading.

A whale can temporarily crash the price but it will recover because his dump can only drain the supply of fiat on an exchange at that given hour or day. It cannot drain the supply that will come a day later and a week later and it will come because people will want to buy seeing cheap coins.

Nothing. This scam coin is never going to be widely used.

On second thought if some big banks chose it as a bridge currency and really started to use it it could explode and have some real life uses.

If Bitcoin dies or declines it's not going to take its place because it's centralized and manipulated by Ripple Labs.
If Bitcoin doesn't die who is going to choose some cheap altcoin that keeps losing value if they can transact in BTC?

I can tell you how I'm buying. I never buy when it's going up and always buy when it falls low. Some people say you should jump on the train but for me this isn't the right way to invest. I invest when Bitcoin falls to 40% of ATH or lower and I sell when it goes up to 60% of ATH or higher.

At this point I wouldn't buy but I'm currently stacked so I don't need more BTC. You also have some Bitcoins so keep your money for when it falls. This way you will be ready for both: a big move up and a big move down.