All of this just means more and more opportunities for smart long run sighted people to keep collecting more and more Bitcoin. Can't wait to see how the Ethereum thing turns out. Hope Vitalik doesn't pull a Karpeles on the investors.
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People is impatient and they are butthurt they missed on the Bitcoin boat, so they are impatient to get massive gains and if it doesnt happen quick they will just keep panic selling. Once weak hands are shaken it's showtime.
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These pieces of shit voting against Bitcoin will have to eat their own words when ebay accepts Bitcoin as a legitimate method of payment. It's going to be fun revisiting all of these news a decade from now.
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I told my dad that he should accept BTC as payment for his business (he has a small office) and he told me that he doesn't want to accept something that acts as a stock as a method of payment. I cant convince him. The volatility makes him see it as something that isn't a currency.
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More and more businesses are accepting Bitcoin because among all the other benefits of using Bitcoin, they get instant advertisement with threads such as this.
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I was actually half convinced the guy with a confused face (the old guy they followed into the entrance of his house) was the actual real deal acting confused, but I guess I was wrong and the mistery must go on.
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This is weird. I've been using blockchain for a year sometimes and i've never ever recieved a single email besides the one for the confirmation when you register. Do I have email notifications disabled??
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Im hopping for a larger period of stability actually. Feels good to be able to sleep at night in tranquility knowing it's still 600 territory. Also I need a bigger period to get more cheap BTC.
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I got some Qora, I got some NXT, I got some XMR and I got some BTC, the first two thanks to giveaways. So im ok with it.
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My prediction is Monero will hit 0.01 before next year, of course im not a profesional market technical analyst so please don't take this as 100% legitimate advice. Im just making a personal prediction and everyone is free to invest or not. I already did my investment and it's doing good thus far.
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It would be cool if Kim did a tweet about the coin for extra advertisement purposes. We need a nice little pump on there,
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Wouldn't that basically start the whole fiat press button create money thing all over again? Bitcoin would be the gold equivalent and the Bitcoin backed paper money would be the fiat. Unless somehow every single paper has an equivalence on the Blackchain, but it fucks with my mind trying to imagine such thing without resulting in mega problems.
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Bitcoin acts like a stock now mostly because it's still so early and most people are scared to use is as currency, then find out 2 years latter now it's 100x more valuable. Like imagine buying pizzas with the thing now and finding out you could have bought a small car with it. Thats why people are HODLING hard and the whales are playing P&D games on this shit. Bitcoin has the posibilities to act as currency, but now when it's volatile as hell.
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I didn't invest in Bitcoin earlier for this very same reason. As a result, I lost on the lifetime opportunity to become rich.
As for anonymous transactions, Bitcoin isn't 100% anonymous, if anything, criminals that have a clue on technology would use XMR. So XMR has a place, so Bitcoin can be the "clean" coin and XMR can be the TOR of the cryptocurrencies.
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Bitcoin is too risky compared to Gold, but it can lead to massive gains compared to Gold. So 50/50.
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Thinking realistically, I believe that after 10 years, the exchange rate of Bitcoin will be somewhere around $40,000 to $50,000 per coin (if Bitcoin seizes a significant part of the remittance market and the online payment processing market). If you invest in 100 Bitcoins right now, after 10 years you'll have $4-5 million with you. Convince your uncle to buy a few more coins. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Though realistically, who would be willing to pay $40,000 to $50,000 for 1 bitcoin? I guess it comes down to affordability, and whether or not the value of our currency will be viable in 10 years time or if it will be replaced (?) by Bitcoin. Bitcoin can be divided by a lot of factors. I think in the future, we will look back at it dumbfounded about how we were talking in terms of millions (BTC) when the standard in the future will be milibits, satoshis or whatever. Only whales will trade in terms of BTC's, just like only whales trade in terms of millions now.
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Altcoin trading means investing before the pump and selling before the dump. There are few coins that recover from the big p&d's that whales put the coins through. For example XMR is right now recovering nice and I would have bought shittones may I had spare BTC when it went back to 0.2, because I KNEW it would double++.
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Im only holding BTC and XMR. The rest of coins serve as speculation tools to make more of the former, thus far no other coins have proven to me that they have a legitimate spot in the crypto world.
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We are on sleep mode. Bitcoin is a currency, stability isn't bad. New rallies will happen stablishing new higher floors. This is a fact as Bitcoin gets widely spread and known. You guys need to sit back and relax for a while. All these ups and downs do nothing but stress the shit out of me and make me lose hair.
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People is as scared to touch Bitcoin as they are to miss on the boat. They all know on the back of their mind that this is disruptive technology that could end with people fucking us around with insane taxes.
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