We can't really do much about it beside introducing our friends to cryptocurrencies. Many people will actually follow the opinion of the media who don't like cryptocurrencies at all. People need to see that you can pay with cryptocurrencies in shops and that they are easy to use. More and more wallets are beginner friendly but there is still a lot of work to be done.
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And why is Bitcoin Cash better in your opinion? Bitcoin Cash is basically a copy of Bitcoin with a higher block size which theoretically, increases the number of transactions that can be processed. They are still not instant and Bitcoin Cash is not worth as much as Bitcoin. Bitcoin supporters decide to choose SegWit and Lightning Network which allow for extremely cheap and instant transactions.
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I doubt that many employees would actually agree to get paid in Bitcoin. Bitcoin value has been going down recently and I doubt that anyone would take the risk. Also, cryptocurrencies are not accept widely so they would have to exchange it to fiat anyway. It's still to early to pay everyone in Bitcoin. However, it should change in the next few years.
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FUD is our biggest problem. People who don't have enough knowledge repeat what they hear on TV or read on the Internet. People believe in what banks and governments say about cryptocurrencies and try to discourage others from buying them. People are too lazy, they would like to earn as much as possible without risking any of their money. That's obviously impossible but many desire that.
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Why are you so certain that something is going to replace Bitcoin? Why would any cryptocurrency replace it? So far no one was able to create cryptocurrency which would overcome Bitcoin. I don't mind seeing a lot of red on the market. How much money have you lost so far? It looks like because of your poor trading skills you are now blaming Bitcoin.
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I was sure that Bitmain already has more than 51% of the Bitcoin network because they are the largest Bitcoin ASIC manufacturer. Probably they have lots of hardware which is still not used. I doubt that they will ever perform a 51% attack because it would also hurt their precious Bitcoin Cash and probably every other cryptocurrency on the market.
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We don't know what they are doing behind the stage but I wouldn't be surprised if these countries decided to invest large amounts of money in cryptocurrency mining. Recently, the profitability of mining went down due to growing difficulty. The only problem is the equipment which is mostly manufactured by only one company.
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It's obvious that criminals will try to use Bitcoin and other cryptucurrencies for illegal things but there is no way to prevent this. That's not a proper reason to get rid of cryptocurrencies because criminals would continue to use fiat or some other methods to trade. Blockchain DOES NOT cause the increase of criminality. Stop repeating such nonsense.
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Governments will try to gain as much control of cryptocurrencies as possible. They will try to control exchanges because they know that Bitcoin and other cryptocurrencies can't be used in most cases for daily shopping or any other important expenses. A lot of people earn a lot of money on trading crypto. They will have to pay a huge income tax which definitely satisfies the government.
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Bitcoin does not require approval from countries in order to work. Bitcoin is decentralised and can't be blocked thus anyone can use it wherever possible. It would be wise to use VPN in order to hide your IP while broadcasting transaction. Approval is needed to attract more investors. They don't want Bitcoin to be banned, they would lose money.
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It's really difficult to invest in a proper moment. I bought some more bitcoins when the price was near 8k dollars because I thought that it won't go any lower. I'm still really positive about future Bitcoin price. Don't be one of those who blame Bitcoin for their decision. I can see that you are certain that Bitcoin value is going to increase in the near future.
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I prefer to pay for the transaction size - that's how the system was designed and we should not change it even though it might be confusing for people who have been using the banking system for their whole life. I'm fine with paying 0.01 for a transaction. It's not very expensive and you can also use Lightning Network which is even cheaper.
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Banks might actually become interested in accepting cryptocurrencies once they become extremely popular. They will try to survive on the market so that's why they will try to adapt them. Bitcoin will be probably the first cryptocurrency being accept in banks. However I don't think that it will happen in the next few years. We are far away from this level of adoption.
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I enjoy learning about cryptocurrencies but I know that there are still many things that I don't know. I'm trying to spend a lot of my time on cryptocurrencies because it's something that makes me feel good. I'm also excited to be a part of Bitcoin community in its early state. I had no chance to become an early adopter but Bitcoin is still not as popular as it can be.
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I was a bit upset when I lost some money on altcoin trading but I quickly got over it. I learned a lot of from my mistake and I decided to start hodling Bitcoin instead of trying to trade or sell it when there is an ATH. Don't lose your faith in Bitcoin because you lose some money. Early adopters are blaming themselves more because they sold their bitcoins when they were worth less than a dollar.
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Bitcoin will be definitely a leader among cryptocurrencies for the next few years but we can't be sure whether or not it will last forever. I'm rooting for Bitcoin and I believe that it will be the most stable cryptocurrency in terms of security and features. We should not release any updates in rush because it could affect Bitcoin in a way we don't want to.
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I did buy Bitcoin in December 2017 during the ATH and I don't regret it and I don't panic as many other people do. I have been watching Bitcoin for some time and I understand that it is a temporary state. Bitcoin value is going to increase because of many upcoming events. The transaction fees and speed seems to be much better than a few months ago which is positive and might affect the price.
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Many people say that cryptocurrencies are only about fast profit which is not true. You can earn a lot of money if you know what you are doing but don't expect to earn millions daily by doing basically nothing. Trading is tedious and difficult. It requires a lot of knowledge before you will be actually capable of choosing a proper altcoin to buy.
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Many people think that debit and credit cards are the future. The only problem with them is that we have only 2 payment processors which are centralised and can be easily overloaded. Bitcoin is way different than them since it is decentralised and provides even faster and independent transactions (lightning network). Give people some time to learn about Bitcoin and how to use it.
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Honestly, I would go for the first option. Just look at the historical price of Bitcoin and many other cryptocurrencies. Pumps and dumps are something normal at this point because cryptocurrency market is still too small to resist manipulations. However I doubt that it will crash because of many famous people supporting cryptocurrencies. Give it a few more months and then decide whether or not you should sell it.
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