The most logical thing to do is to buy at the dips, however bitcoin's price has no other way but to go up so you could buy anytime you like and still be sure to profit in the future.
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If some hacker could control half the hash power then deliberately sabotage its blockchain then yes, bitcoin would technically die. Another way is if the internet is ever shut down which is almost impossible to happen.
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Altcoin investors are pulling out their coins and reinvesting it on bitcoin for the purpose of obtaining bitcoin gold. That diminishes most of altcoin's market cap making their price low. Don't worry though, after the fork prices would pump again like crazy.
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It is indeed possible but not likely to happen. The reason why btc has its value is because people perceive it has, thus they trust in the system. If this trust were to disappear though (by hacking or deliberately making the market go down which is not realistic), bitcoin will lose value and most likely die.
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It is the most established cryptocurrency and is the most stable. Any investment that one might get in it is sure to profit given time so might as well join in the market as it will be only going up.
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The possibility are non-existent as long as cryptos doesn't have the capability to do what fiat does i.e instant transactions, usability, and liquidity. I also don't think countries like the US would give up the use of fiat--which is backed by their economy, for a currency that is highly unstable and decentralized.
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I'm sort of late in the game but I'm still gonna buy bitcoins after the fork because I feel it's price would go down even for just a bit and it would be my chance to participate in the market.
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I would store in on a bank a flash drive (or in a paper) with all my private keys and all the instructions they might need for claiming those properties which can only be opened by my spouse or my parents.
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It is normal that altcoins bleed when bitcoin surges, just wait until the fork ends and we'll be in the green again. Like what happened last time on august fork, you only lose money when you sell below market price.
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Same thing will happen after the fork, I suspect it would go back down a little then pump like crazy. I'm expecting two events this year that would make increase in price (bitcoin gold and segwit2x) so I'm going to buy more until then.
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It is very likely that shops would accept bitcoins as payment considering that it is already classified as legit currency in some countries.
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We cannot know for sure if bitcoin is still the number one crypto in the future but one thing is certain, the rate at which people discover the existence of crypto is still slow so 5 years may not be enough.
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I called around some stores to see if they accept BTC, no one has even heard of it except like 0.1% of people. Wait till people actually find out this exists...
Yes I agree completely, bitcoin still hasn't reached it's peak popularity yet. Give it time, say 1-2 years and probably people would be nuts about buying/owning bitcoins and we, on the other hand, would gain high profit with it as one of the early adopters
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Bitcoin offers anonymity so it is pretty much a playground for criminals as crimes would only be punishable if the person is known and has been caught in the act. Considering the fact that many altcoins far beat bitcoin in terms of anonymity, what makes criminals flock to it is it's value.
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Are there any specific sections where posts wouldn't be counted? (like off-topic, gambling, local)
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