Bitcoin is much more convenient than cash. Having in mind the big current price you can dispose a large amount of money without carying any cash with you. The security is good, you still have also a good amount of anonimity and you don't have to feel uncomfortable having a big amount of money with you.
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Don't know anyone who was absent so long time from Bitcoin world. How did you manage? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It must have been a kind of shock for you, many things have changed. Confirmation time depends a big deal of the transactions fee so try to avoid very low fees. Otherwise O think in two years time many good things have happened for Bitcoins.
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This is one very bad crime. They are washing the data and then forcing it to do a transaction with bitcoin. This can make bitcoin less trustworthy. Just imagine they use bitcoin for crime.
It is a blow to bitcoin or crypto community. Bitcoin or crypto wil earn negative views from all many people. They will tend to mindset that cyber crimes are related to bitcoin or cryptocurrencies. That's a bad news. Exactly. Even without attaks like this many people still see Bitcoin as criminal currency and used for criminal activities and things like this only makes situation worse. That is why is necessary to inform people about good sides of Bitcoin and how could be used for good purposes. And in regard to WannaCry the story isn't over yet.
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Things like this bring Bitcoin into bad light. Although fiat money could be a also used for ransomware and other criminal activities people see Bitcoin as a criminal currency. And this worm has realy made the mess all around the world. And there is no proof that hackers will truly decript the files if you pay.
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Many users are not happy with high fees, some even so much that they want to quit using Bitcoin. Sometimes fees are exaggerated but good wallet can solve the issue with proposed transactions fee that will not stop it from beeing confirmed but also that is fair enough. But have the miners become too gready that is another question.
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Many people who have kept their coins long enough must be very happy now. The price is running high and even those who have bought Bitcoins above 1000$ have made very nice profit. And not to mention the early adopters. So, long term Bitcoin is very worth and profitable investment, so don't hesitate.
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6000$ this year? Are you nuts? Guys let's be serious. I agree that the price is great at the time and we all secretly wish huge numbers but we have to stay with both legs on the Earth. And in our minds we all have to keep the possibility that the price can go down also and that the pump will not go indefinetely. Market has its rules.
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For some Bitcoin volatility is disadvantage and for others huge advantage, depends what you are doing with your coins. The traders live from it. But the fact is that volatility is the one of the issues that stoped Bitcoin to be more accepted at official financial market and more equal to fiat as a currency.
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Don't get me wrong but I don't think that any bot can replace human skills and experience and make the same results. Maybe bots are easier way but not necessary the better. If you are unexperienced trader you could try with bot, just to "feel" how the things are working but I suggest that you rather do it on your own.
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2000$ isn't impossibe at all, in fact it's very likely that we will reach it very soon if the price continues to rise this fast without interruptions. It's very good opportunity for Bitcoin holders, especialy those on long term, to earn some very decent amount of money. And then we can easily go further above 2000$.
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No one has said that Bitcoin is perfect and transactions fees and speed are among the obstacles, I agree. At the moment seems that miners are making some kind of pressure by imposing rather high fees. But I think these are the problems that could be solved, if there is a will and still there are more advantages than disadvantages.
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I think now, with price so high, everyone has good reason to use Bitcoins and they can profit from that. Also, by using Bitcoin you are supporting new technologies and new age alternatives to banking system, which are also good reasons. When they realize all advantages they will ask why haven't they used it before.
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I haven't realy thought about it but I think I would like to,wait until the price reaches at least 3000$, if it ever will. And I hop by then I will collect much more coins that I have know. I don't know what I would buy, depends what I will need or want in that time, if it ever come. Let's hope for the best.
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Everyone is probably afraid of big dump but as long as Japan and China are so deeply in I beleive the price will continue to go up. For how long, we will see. But at the moment it looks that we can expect 2000$ sooner then we have expected so keep holding the coins and don't sell unless you need to.
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It's 1770 at Bitstamp now. No matter 1600 or 1700 the price is high and in the past few weeks its running up fast. We'll soon enough see if there will be the end of it or we will continue to climb. In any case panic and panic predictions should be avoided, it's the worst thing that can happen.
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No matter the current big Bitcoin price its not very good idea to put all funds in Bitcoins or cryptocurrencies in general. It's never good to keep all eggs in one basket. But it's good to invest extra money that you don't need or earn some Bitcoins and collect it in the wallet, with time this is a very good investment.
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You can't judge the Bitcoin dominance just by some selected factors but generate the whole picture. And the thruth is that Bitcoin is still the most accepted and established cryptocurrency that is actualy beeing used as a payment method in real world for real goods and services. And will continue to stay so for a while.
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I think current Bitcoin price provesti that holding coins long time is good decision. It's not for those who have lack of patience or need money but on long term you can profit the most. And many people often ask themselves after selling Bitcoin why didn't they wait a bit longer. So, just patience.
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The price is going up rather fast and many users will probably hold their coins waiting for price to pump a bit more. Now are definetely no reasons for quick and panic selling so holding seems at the moment good decision. But not just holding we should collect as much Bitcoins as we can and make profit in the future.
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I could agree, at least with part of it. Once you enter the cryptocurrencies world s whole new horizont opens to you and its hard to get out. Actualy you don't want to get out because you are discovering new things and advantages all the time and I should say that you become a kind addictive to cryptocurrencies.
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