I have Xapo debit card for a year and a half and I'm very satisfied. Card is accepted everywhere online and offline stores and I never had any issues with it. I pay bills with it, buy food and clothes, bus tickets. You can also withdraw cash on ATM but you have to pay the fees which are to my opinion no higher than to withdraw fiat cash with your credit card.
The greatest advantage is that you can easily pay with you Bitcoins not thinking if merchants accept Bitcoin or not for everything that you want. And Xapo is trustworthy provider which is not less important.
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After the fork cancellation which influenced the price in negative way and as a consequence a lack of faith in Bitcoin for some users now the situation has changed again. Some who have talked yesterday that they are leaving Bitcoin and embracing the Bitcoin cash now suddenly say that Bitcoin will reach 10000$ by the end of year. It's funny how people change their opinion fast. Anyway, despite the current rise there is no guarantee that it will continue in that direction so 10000$ is maybe a bit too optimistic for me but I think the price might cross 8500$.
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Killing Bitcoin? It's not that easy although there are some who would like this to happen. So many times I've heard that banks and governments are the worst enemy of Bitcoin and that they are trying to destroy it but that is actualy not true at all. The worst enemy of Bitcoin is Bitcoin community itself and too much greed and different interests it has accumulated so the worst damage to Bitcoin could be done from inside.
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I don't see why not. At the moment it's already over 7700$ so this could happen very soon. Bitcoin has shown recently that it can fall in price fast but also recover very fast, much faster than it was before. This shows biger resilience and that contributes to higher trust level of the users. Except some newcomers that panic on the first sign of price corrections. But I think that the price of 8500$ could be a nice gift for Christmas.
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Bitcoin has started the revolution the moment it appeared and created new rules for finances. It's one of the leading technologies for the new digital world and it has already made the huge impact and the contribution of Bitcoin can't no one erase or diminish. And it exists only in digital world. No matter how things will develope in the future no other cryptocurrency will ever be on piedestal like Bitcoin is now.
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Not easy to tell but if the disaster would also limit the access to fiat money then probably the Bitcoin value would increase. But that also depends on the way that disaster would impact the Bitcoin infrastructure like internet and electricity. But in the case of global disaster the first thought of every human being on this earth would be how to save the life and then everything else.
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Now airdrop giveaways is taking popularity A lot of crypto bounty hunter... Keep signing ...Google forms for the airdrops.
Question is. Is this risky for your account? A lot of scammers nowadays.
Ya it is true that their are lot of Airdrops giveaways are created back like old days but this time they are using google forms to fill. but some google applications forms are asking to login gmail account and then fill the form. I think this option is not safe as they can hack the account, so users should be safe while using this option to fill the application. I would avoid every option where you have to fill your personal data, mail account or something so I agree this is not safe because these information could be easily misused. Generaly airdrops are becoming very popular but that also attracts many scamers in the hunt for naive users so you could be never safe enough.
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It impresses me how Bitcoin has achieved to come from unknown cryptocurrency that only few geeks were interested in to the top leading cryptocurrency with very high value and increasing number of endorser each day. Let's be honest, at the begininig no one didn't believe this could happen, except a handfull followers and today the situation is mo much different. Bitcoin has succeeded what anything else before hasn't, to change the rules in finances in totaly different way.
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I would say that word safe isn't something you could tie to cryptocurrencies. Investing in Bitcoin or altcoins takes certain risk that you can't avoid. I would say that Bitcoin is better for long term investing or using as a payment method for some expences and altcoins are for short term trading and fast profit. But since the altcoin market is very diverse you have to know it very well to avoid picking the wrong coins.
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I think the question is not whether they are fair or not but how much is enough for service called Bitcoin transactions to be executed and that everyone in this chain gets its part. It's true that fees are much higher than before but things have changed and Bitcoin is not that cheap, in terms of service, as it used to be. I'm afraid we don't have other choice than to accept this.
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Nobody can't know if Bitcoin will last forever because cryptocurrencies and new technologies world is very dynamic and hard to predict. But as long as Bitcoin has the strong support of the users there is nothing to fear and those users will keep it alive. Also some issues that Bitcoin is having now and it's related to miners and fees, regulation etc.should be solved soon as possible to avoid further complications.
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It's realy been a crazy year and it's not over yet. This is probably the most intensive period since the Bitcoin was created, so many changes in the market, issues about regulation, bans, miners demands etc. Hope the next year will be not so turbulent but still very positive and fruitfull for the market and the users.
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It's a lot of money you are talking about, there should be some institutional way to get it back. It's such a shame for Poloniex, they used to be one of the best exchangers and Bitcoin platforms but then so much scam accusations appeared and seems like they are running some shady business. But don't give up, you got to get your money back.
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I would say yes, mining and miners are the problem for Bitcoin. To much power and speculation potential is placed in the hands of few people or group of people and that can cause big problems with time and make Bitcoin weak. It's not something that couldn't be solved but some will and consensus within the community is needed.
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Bitcoin is broken, sorry no one told you that earlier.
Use Bitcoin Cash or Litecoin , unless you just like wasting money and waiting forever.
Good Luck.
It's so obvious that you have no experience and don't know what are you talking about. For how long are you dealing with Bitcoin and what exactly do you know about it? Things are not as simple as it seems and there is also the solution for unconfirmed transactions that appear because of different reasons. Last few days there was extraordinary situation caused by miners but that doesn't mean that Bitcoin is ruined, it's not that easy and it will not happen over night. Btw. there are transactions accelerators that can help.solve this and using recommended fees is also the good advice.
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So what? They wouldn't be the first country that is trying to introduce the coins sponsored by government but that doesn't mean that people will use it and that it will be successful. Just the opposite, people are usualy avoiding government sponsored cryptocurrencies. So even if that happened chinese people would still use Bitcoins, you don't have to fear.
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Banks will survive, nothing bad will happen to them. They will have to modify their business to become more competetive and modern, maybe even embrace cryptocurrencies in some extent but they will not vanish and the worlds’ economy will be still depending on them. Many of them will go on blockchain technology, they are experimenting big time with it already but their nature will not change. And they will still be on the heard and the main cause of all big economy crisis in the world. But it would be good to have some strategy how to become less depending on them.
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People are greedy and when they see some chance to profit they are willing to do anything that takes. Even to recognize Bitcoin Cash and not Bitcoin as a main cryptocurrency. Suddenly alhtough without some long term experience and knowledge anpbout that coin some are ready to claim Bitcoin Cash and not Bitcoin as original coin. This sounds ridiculous to me and hope this mascerade will end soon. The fact that Bitcoin Cash is on the rise now doesn’t mean this will last.
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I'd say hold and buy some more. This is excellent time for the great profit. Yesterday Bitcoin price was about 5800$, great opportunity for buying, and at the moment it's over 6700$ again. You just have to be present at the market all the time and watch closely what is happening. And after all this confusions about fork and Bitcoin cash will be over the price will pump again and I'm sure we will see 8000$ or more by the end of the year.
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Having in mind all recent events and the fact how fast and unpredicted the price was moving in all directions it's realy hard to give any prediction, because everything is possible. But since I'm an optimist I believe that all this mess will be cleared up soon and that Bitcoin will once again have the open road to rise. In my best scenario the price could reach 10000$ until the March next year.
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