Bitcoin economics is the same as fiat if there is high demand or demand the price will continue to increase and bitcoin is still currently in beta mode there still room to improve and not so many countries have accepted it mostly countries in south east asia have adopted it that is Philippines, japan, korea while the west continue's to reject it but well see in future events.
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I think we will hit the price value of $7,500 this year or might even reach $8000 after the fork if segwit2x cause the community decided that they will hold the original BTC im sure segwit2x will become another airdrop coin that will quickly pump and dump. It will reach bitcoin new all time highs while the new token will drop.
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Most likely is that coinbase is not at fault here their security seems good so the only way for hackers to breach your account and access your email is some kind a remote access tool that infected your computer and got all your credentials then spoof your IP that's why he was able to hack the 2FA.
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If the price is already become high then it is to late for people now to invest their money it will only be profitable if the price enters a dip. But altcoins are risky when you want to hold it in long term use cause some of it could not even last a year or could not prove they're worth that their valuable than the main cryto currency.
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No one would sell they're bitcoins in cheap price when the price is actually high cause they wont any profit no seller would do that even exchanges bitcoin wallets charge you with the original price the only way to buy cheap bitcoins is to buy into the dip that can even have 1-2 percent discount.
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They can benefit and regulate bitcoin using third party websites that support's converting bitcoin into their own fiat currency and tax that bitcoin user into cashing out his/her converted bitcoins and at the same time you can get the information of that specific bitcoin user. But if they want to regulate the blockchain ledger then it would be impossible.
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Nope regardless being one of the contributors of bitcoin price and mining they cant kill the bitcoin currencies because no single country can hold the power to shutdown bitcoin this is way people love decentralize currency like BTC. I think china overestimated their actual control into bitcoin that's why they failed to understand that bitcoin cannot be controlled.
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As far as doing bounty campaigns daily i get my airdrop altcoins and exchange it into bitcoin cause usually some of then wont even last a year cause when we get paid by that new token it will be immediately become pump and dump and the price will reach an all time low in just a matter of weeks. But this is not mostly in some cases new tokens can gain good value in market.
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You can do that with using bitcoin as your payment processor for your online shop or whatever business you have. You see in bitcoin once you made a transaction it can't never to reversed it will be forever be recorded in the blockchain ledger so scammers wont be able to cheat or as you've dishonest stories.
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I think when we can consider bitcoin as an mainstream currency now in terms of popularity it is already well known various countries especially here in south east asia where most countries already adopted bitcoin. To become mainstream bitcoin needs to become popular and it has already achieved all we have to do is improve it.
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In my country they've accepted bitcoin and even made a site that supports cashing out bitcoin from our fiat currency like coinbase, blockchain and xapo. There are also bitcoin friendly countries that would gladly accept bitcoin like japan with no regulations, Philippines, korea and even singapore i guess most countries that rejects bitcoin is from the west the controlled by bankers
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We can just discuss it here where there altcoin enthusiast and altcoin investors if your looking for a community to discuss it then bitcointalk has it all there large of number or traders, investor, lender and devs here were you can ask for a good advise in which airdrop or ICO to choose or invest. I dont think slack is trusted it is known for spam, reff links and hacking.
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This are all rumors still no official announcement about it in amazon i think the transaction time is just fine where you have to wait 10-20 minutes for the transaction to get confirmed also some big company namely CME group have accepted bitcoin so this might convince anazon to also invest in it. Amazon is advertising bitcoin and have been jumping to conclusions we should just wait on what move they're goin to make.
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There are many rumors about this and speculation that they might accept it after they've already created sites that is related to digital currency that shows they might potentially accept bitcoin and ethereum. But still this are all rumors still no official word from amazon itself maybe they're waiting for the holiday seasons to come where there are lots of volume buyers or another big company to invest to convince them to invest to and join the bitcoin train.
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Indeed more and more people knows about bitcoin abd even average joe's knows about it. Ive heard and seen about articles that discusses that big online e-commerce or online shops such as amazon and ebay is planning or potentially accept it as payment but i wander why it is still not yet happening but eventually will come once they see bitcoin has to be a globally use currency.
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i would invest it all in bitcoin i will wait for the price to drop or some big dip that makes the price cheap to buy many of it and i will hold it until the price becomes high like $500000 in the future. And if that's make my bitcoin investment triple or have greatly profit on it i would retire from job and live my life with ease and prosperity.
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Nice shirts you got there i thought this was recently post and i was thinking into buying it. If this is a shirt fot bitcoin why not make the make system for bitcoin also or put bitcoin as an payment option also so that people with no paypal or credit card can buy stuff and also does the site do global shipping or only on a specific country.
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This is a problem with people cause they think that bitcoin is a magical currency that can make them insanely rich in no time. Will the answer is yes and no cause it all depends on you if you have lots of cash to invest in bitcoin then the price value becomes bullish that could double or triple your investment or you work hard on earning. Bitcoin is just a currency it's entirely up to you, how you gain wealth.
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All they can do is complain about it with it's unfair paying system but truly it is not unfair cause that's what should be a currency. So some feel threatened about it and calls it a fraud daily especially CEO's of a big company, bankers, tellers cause people prefers to invest they're money more than their bank.
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Losing 15% in just one day is more enough reason to sell it. The community already decide that they will continue to hold bitcoin and also rejected segwit2x that will show new altcoin being an airdrop just like BCC an BTG they can make copies of bitcoin but the community gets to decide which thry want to use. This why i love decentralized currencies.
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