I realy don't bother these preductions with huge exaggerated values that Bitcoin is suppose to achieve. They are usualy not based on anything solid and represent pure speculation. Of course, when it comes to Bitcoin anything is possible but still, let's be realistic. This sounds more like wishful thinking and dreams of some users that Bitcoin will help them to become millionares.
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Well, nothing lasts forever and there is no guarantee that Bitcoin will. But if you ask me Bitcoin will last as long as the users support it and use it. That is why Bitcoin needs to keep track with time and be able to adjust. I beleive Bitcoin has already ensured the position in the future with its revolutionary technology, new approach to the money and value so I'm not afraid that Bitcoin will not last.
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Mistertango has a flat 0.005 BTC fee for bitcoin deposits. That's more than 10 EUR based on current prices! Why not add a EUR based fee?
Actualy it's 0.0025 but it's still a lot. I would also like to add that recently I've been having problems with Mistertango card. Again. It's realy frustrating when your card gets declined in store for no reason. So, enough funds is there and mastercard is accepted but the card is declined. Few moments afterwards I go to another store and everything is working fine. The fact that I can never be sure if the card will be accepted or not realy makes me mad. Before this was happening from time to time but not I have this experience every week. I realy think I should abandon Mistertango, they are realy not reliable.
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I think it will rise and that this is going to happen in the last quarter of the year. However, I don't expect some huge price jump and spectacle like some wish. To my opinion the rise will be moderate with some smaller corrections in between and the final result could be somwhere around 9000$. I don't think the price will go higher and definetely will not touch 20000$. Not this year.
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I would suggest not to take predictions and analysis published on YouTube or social media too seriously and not to make decisions based on that. You can watch that for fun but if you want something serious and reliable these are not reliable sources so that might lead you on the wrong path.
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If you watch panic sellers from perspective that you will buy cheap coins from them, than I can understand why do you like them. Still they can make a lot of damage too if beside panic selling they spread false information too and invite others for panic selling. This chain could hardly be stoped. Personaly I don't like them because with their behaviour they are showing lack of knowledge about Bitcoin and usualy lack of interest for anything except fast profit.
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It sounds like a good news but at the second glance it sounds too exaggerated. I mean to some estimations about 2 millions people in the whole world have heard or using Bitcoin and cryptocurrencies, which is not a large number, so 80% is realy huge percantage even for America. It's true that interest for Bitcoin and cryptocurrencies is rising, still it needs to be carefuly checked how realy relevant is this survey.
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I have found myself in three of four points you have mentioned. Is this addiction or not we could discuss. Still if you are involved in Bitcoin for a long time like I am, some things simply become a habit. And we now that habits can easily turn to addiction but on the other hand if you want some serious gain from Bitcoin you have to be seriously involved.
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Unfortunately FUD is very efficient in crypto money market. I think it is a method that is often applied especially by those who have a lot of money.
true. its a strategy actually and most of the time they are telling the truth as well. of course bitcoin wouldn't die but they are just telling something that the price could drop tremendously that if you won''t go along with what they are telling, you may loss opportunity to profit and to invest to a particular token they are trying to point out. It wouldn't be so efficient if people wouldn't pay so much attention to it. Their only purpose is to spread panic and false information and too many users fall for that. So before making decision based on FUD use your own head and common sense as well information and knowledge you have. The problem is that FUD will always work with new and unexperienced users.
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That is exactly main point. You have to be creative and put some efforts to make profit. But just the opposite, many Bitcoin users think that earnings will fall out of the sky and they just have to wait. The point is that you have to make your own opportunities for making profit, not waiting for someone else. And Bitcoin realy offers a variety of opportunities, you just have to be smart and use them.
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Somehow I don't think that Bitcoin or any other cryptocurrency is ment to become mainstream. No matter the mass adoption or regulation to be mainstream is not the purpose of cryptocurrencies, they are created with aim to be alternative to traditional economy and fiat currencies and it should stay so. By that I don't want to say that Bitcoin doesn't need to have the equal position and treatment like fiat, just the opposite, but mainstream is totaly different story.
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Currently price is lower than 6400$ but this can change in no time. Anyway, so far my expectstions were right and besides some smaller short term pumps, price hasn't changed or go up much it stayed in the framework between 6000$ and 7000$, more or less. In the upcoming period I don't think that price will rise much but not even go down except some minor corrections. Some more significant growth could be expected at the end of the year.
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I would say that these three things are basics that you should be aware of even before you start dealing with Bitcoin. But the problem is that many users don't have the clue how Bitcoin and market are functioning, they just think on profit and soon they end up disappointed, in panic or big loss. So, inform and educate yourself before you start dealing with Bitcoin.
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No, that is not my strategy. Some think trading altcoins could be more profitable than trading Bitcoin but having in mind how much altcoins is on the market and how easy is to pick wrong one. I wouldn't agree with that. To my opinion Bitcoin is still the coin that can give you thr the biggest profit and that will not disappear from market like some altcoins. So, I definetely wouldn't sell Bitcoin to buy altcoin, this would be wrong decision.
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I think that experienced users who are involved with Bitcoin will stay. They now how Bitcoin and market is functioning and by now they have seen all kinds of scenarios and situations and issues that Bitcoin had. For everyone else it's not worth waisting time if they can't realise the true value of Bitcoin and that short term profit is not the most important. That is my opinion
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Unfortunately, cryptocurrencies can't be spared from the shady side. Like obviously everything in this world. Scams and frauds have become something that is often connected with Bitcoin and other cryptocurrencies because people are just trying to misuse everything they can and come to the profit on easy but illegal and shady way. But don't forget that we can't blame cryptocurrencies for that, it's just the human nature and that is hard to fight. That is why it's important to promote positive sides of cryptocurrencies.
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Yea I saw that a couple hour ago. This raises questions as to whether other hardware wallets are as safe as their creators are claiming. If you ask anybody on the forum most will tell you that hardware wallets are the safest way to store your coins. I've seen dozens of similar threads about security and at least 90% of the answers were "buy a hardware wallet". If they want to keep the company they should pay the 250k prize. Claiming the wallet is unhackable is fine, it's still in the early stage, but not paying the bounty will bury them.
Every hardware wallet have its own security measures. So far Ledger and Trezor has never been hacked or if there is an issue, they treat it very seriously and fix it no matter how slight the issue is. I believe it is still safe than having an online wallet. Just stick to Ledger and Trezor, so far they have been proved as the most secure. I don't know how safe is technology that other harware wallets are based on. Of course, there is no 100% safety guarantee but still so far there wasn't any security incident related to those wallets and I trust them the most. Everything else is risky and you have to accept that. Especialy avoid online wallets.
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I wouldn't give predictions with concrete numbers, just framework. It's hard to tell and Bitcoin price can change very quickly in both ways. Still, I think that we might expect some rise in the last quarter. Some corrections will still happen, that is for sure, but I beleive Bitcoin price might cross 8000$ and even touch 9000$. If in some lucky case we come near 10000$ that will be success.
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Well i could not forget those bitter days particularly during last Christmas if I'm not wrong,i had to pay a terribly high fee for getting my transactions confirmed as thousands of unconfirmed transactions got marched due to more miners switching to mine Bcash.That was actually a double side attack on bitcoin by switching miners to mine Bcash instead of bitcoin and at the same time vigorously pumping Bcash by roger ver and his team to show Bcash as the true bitcoin.But now thanks to segwit activation,all things have become surprisingly normal.
I remember the time of terrible fees too and at that moment I thought this will never end and probably get even worse. And for each transaction I was worried if and when it will be confirmed. That was one of the bigest issues Bitcoin had and a nightmare for users. Fortunately this came to the end and now we have to admit that fees are quite reasonable, transactions are confirmed quickly and the number of unconfirmed transactions is realy small.
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Many people would like easy life with easy profit and little efforts to achieve that. And many thought that Bitcoin is their solution. You wouldn't be the first one who abandoned job thinking Bitcoin can be the way to make for living. But things are not functioning that way and it's not easy to make enough profit to cover life expenses and for long term. It's not that I didn't have such idea, especialy when I had bad day at work and annoying boss, but when you put pro and contra you easy realize this is hardly duable. So, keep your regular job and let trading and cryptocurrencies be your additional income or fun.
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