Most of us are not professional traders and unfortunately we still can't fully rely on Bitcoin. Fiat is still very much needed especialy as a kind of back up. The key is to know how to successfuly balance Bitcoin and fiat money that is still reality in every economy and our everyday lives. Maybe this ratio that is now in favour of fiat currencies will change in favour of Bitcoin and other cryptocurrencies but this will not happen any time soon.
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I'm not convinced in that. Currently it looks like banks are against cryptocurrencies as their main competition but in fact they are well aware they have to keep the step with future to survive and to stay competitive. And let's be honest, banks are only after profit and they know Bitcoin and cryptocurrencies will bring it to them. So, to my opinion it will not have to take so long before banks start to provide to their clients Bitcoin related services.
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To be honest I have never payed too much attention to predictions. They could be all sorts and could represent some trends or guidelines but since no one has the cristal ball to predict how the market is realy going to look like, this is just for fun or maybe some kind orientation but not designed to make some serious decisions. I know too many people who went to completely wrong way when it comes to cryptocurrency because they were relying on predictions.
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We have come to the situation where majority of people are involved in Bitcoin only because of profit. Unfortunately, enthusiasts are just a few left and the whole idea of Bitcoin has entered into money. So, when they don't get the profit they expect they get disappointed and leave Bitcoin for something else. But I hope that future of Bitcoin will not depend on such people.
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Having in mind how some users behave and react every time when the price goes down, obviously isn't. Still I beleive Bitcoin was made with intention to be available to anyone and that anyone could have the use of it. But like with everything else, some people just don't know how to deal with it. There is a way out for this with better education and information provided to people because I strongly beleive Bitcoin should be used by everyone everywhere and I beleive that situation will definetely improve with time.
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I beleive education is answer for that. Many people have wrong opinion and picture about Bitcoin and cryptocurrencies in general because they are not properly informed. And it's not new that people are usualy reluctant to new things and Bitcoin still looks misterious to them and something that is related to illegal markets and criminal activities. That should be changed through education and reliable information, more positive promotion and users experience. It takes time but it's possible.
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Well, Iran is not among countries that is new technologies friendly, they are quite restricting. It's not in their best interest for Bitcoin to become wide spread and used. Also, their economy is struggling to survive , one of the reason are sanctions and embargo. Iranian people might see Bitcoin as a way out but it will take a while for Bitcoin to become fully accepted there.
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Investing in ICO is always risky. Not just because it's hard to pick the right one that realy has the future and you have some chances to profit but because there are many scams connected to ICO's so don't ever forget to make necessary checks before you invest your money. Unfortunately, ICOs have turned into very successful mechanism to take the money from naive and unexperienced investors and in many cases that ends up bad. My advice would be to stick to Bitcoin and Ethereum.
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Nice theory but unfortunately it isn't true. Banks will survive and will continue to exist. Of course they will have to adjust and change the way of their business, they will need to become more digital and at the end to accept Bitcoin and cryptocurrencies too but they will not wanish. Economy and governments in many countries still depend on banks, as well as individuals and that will not change so soon despite the growth of cryptocurrencies.
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I'm not so focused on the number of Bitcoins, more on the value. So, I would like to save enough Bitcoins to close some my financial obligations in banks and also to fulfill some of my desires. Depending on the value I might need only one Bitcoin or maybe ten, it's hard to tell at the moment. Anyway, I'm balancing between saving and spending and in the next two years period I would like to have at least 2-3 Bitcoins in my wallet. Hope the value will be such that this amount will be enough.
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I haven't reported it. I usually just use my other non-crypto card when Mistertango fails on me ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif) Yes, me too but that is not solution. If my Bitcoin debit card isn't working then I don't realy need it. Besides, their high fees are getting on my nervs too so I'm thinking to abandon Mistertango fully and go to Wirex. They seam to be far better option at the moment. I also hope that soon we will have better choice of Bitcoin debit card providers.
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although it does not sell that is related to pornographic or weapons content, it still harms the country. because of the illegal black market, illegal transactions run alone without state procedures and are vulnerable to not paying taxes. that is what is very detrimental to the country.
Just because Silk road and similar black markets where illegal and criminal stuff were sold Bitcoin has come to the bad reputation at the first place. I know there will always be demand for such services but that doesn't justify their existance as well as people who run such market. Stil I don't think that activities on illegal markets influence price significantly in some way.
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If I were you, I wouldn't do that, think it's not worth to buy such cheap coins. On the other hand, many would probably say that Bitcoin started on similar value and the value today can't be compared with that it first appeared. Still, I beleive that Bitcoin is realy special case, maybe once in a lifetime and that will not happen any time soon, although many coins tend to be new Bitcoin.
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Ha, ha, funny story. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) But maybe he wasn't poor but he didn't want to steel everything you have so not to leave you without funds. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Seriously, some hackers don't care that much about the money and they are not so obssesed how much will they steal but they want to show they can do it. Sometimes this could be their reference for some more serious "job". But you should take this as a warning that you are vulnerable and that your wallet isn't protected enough. Don't let this happen twice.
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I'm not sure what this question means. Bitcoin is volatile and that is certain like the fact the sun is rising each morning. And volatility means that the price is changing in both ways, up and down depending on the conditions on the market. This is one of the main facts related to Bitcoin and any user should know it. For a while Bitcoin is staying in range of 6000$ to 7000$ and I expect it will stay there for a while.
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I have to say that I don't see connection. How would exactly ICO's be able to "kill" Bitcoin? I'm still convinced that Bitcoin investors are in majority of cases different than ICO investors and no matter the flood of ICO's and their influence on the market that doesn't affect that much on bitcoiners. On the other hand big amount of scams connected with ICO will not influence the people that already are involved in Bitcoin and cryptocurrencies because of their experience.
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In my country not so many people are familiar with cryptocurrencies and many of them are thinking that Bitcoin is some kind of scam or ponzi scheeme, other think that is highly complicated and sophisticated so they wouldn't understand it and some think it's connected to criminal and illegal activities so they don't want to have anything to do with it. I beleive it's similar in many countries that is why we need more information and education about Bitcoin and cryptocurrencies and more positive promotion.
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I've been having the same problem lately. The card is denied every now and then. Sometimes I try it again immediately at the same store and then it works.
But how weird is that? This isn't nornal functioning and they should do something about it. It's very unpleasant feeling going to the store with card you don't know whether it will be accepted or declined and you don't know the reasons for neither of that. Have you reported that problem to customer service, have they replied anything and explained why is this happening?
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No matter the huge amount of coins on the altcoin market Bitcoin is still the leading coin and it will keep that place. All other coins have no chance to replace it in sense of value, market share and everything else. Altcoin market is too much spread around and there is no coin which would exceed others and take the lead in competing with Bitcoin. So, Bitcoin will remain the most powerful coin.
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Actualy I'm dealing only with Bitcoin and I wouldn't trade it for altcoins. Bitcoin is to my opinion still the most valuable coin and the best to trade with best options to make profit. Only other coin that is to my opinion worth trading is Ethereum but I don't have much experience with it and I wouldn't trade Bitcoin for it. I think there are too many altcoins on the market and just a few of them are actualy worth paying attention.
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