Bitcoin hasn't even reached the masses yet (yes, there are some countries with limited or no Internet access), so I'd say we have plenty of time to join the craze. Once BTC gets adopted by every single country in the world, market prices will be a lot higher than what they are right now. Probably within the millions of dollars (USD). Besides, Bitcoin hasn't been able to solve the "Blockchain Trilemma' yet. There are scaling issues that not even the Lightning Network has been able to handle them appropriately (it's buggy after all). There's also the issue of privacy where every transaction is visible on the Blockchain. Adding ZKPs would do the trick.

With just 14 years since BTC's inception, a lot has been achieved. Would you imagine how BTC will evolve within the next 10 years? Just keep buying, and holding, and I'll see you in "Mars" soon.

People just want to make a quick buck by riding the hype. It's a risk that will cost them dearly in the long run if there's no comeback of the now-defunct crypto exchange. For what I know, there are only rumors of a comeback. Nothing has been officially confirmed yet. I'd stay away from the FTT token just to be safe. Who knows if it goes to $0 soon?

There are far better alternatives on the market with a promising future. Just diversify into prominent cryptocurrencies (BTC, ETH, BNB), and you'll have nothing to worry about. Only time will tell us whenever FTX will gain the trust of crypto traders and investors again, or all the other way around. As long as we have plenty of options to choose from, nothing else matters.

I know Elon Musk is a fan of Dogecoin, but has he ever contributed towards the growth of the project itself? I'd say no. All he is doing is "shilling" the coin with the hopes of turning a profit in the long run. If he was serious about Dogecoin, he would've at least invested directly towards development and innovation. Or at least keep up with his promise of integrating DOGE into the "X" platform. It's all words but no action.

Investors are already getting tired of this guy, so it's likely DOGE's market prices will stagnate for quite some time. We need something new and fresh that would help "pump" the price of the "meme" coin. Maybe Dogecoin developers will finally make the cryptocurrency a deflationary asset?

Governments will do what's in their best interests. Mixers and truly-decentralized cryptocurrencies pose a threat to banks' very existence. You think governments will let this pass by? They will do everything in their power to try to reduce crypto's dominance in the mainstream economy. That's by either regulating it or making it "illegal".

I see no future for Bitcoin mixers, unless they stick to being "non-custodial" (which means decentralized). Tornado.Cash was a non-custodial mixer, but that didn't stop the US government from sanctioning it (although it was still possible to use it by interfacing with smart contracts directly). This will be a never-ending battle between crypto and governments + banks. With centralized exchanges getting ahold of the crypto market, we could say governments have some sort of control over crypto. They will have trouble regulating DEXs, though. Who knows what the future of crypto will be?

It's no secret that crypto is being used by some governments to avoid sanctions. I believe that's the main reason why the US government is aggressive against crypto/Blockchain tech. There's no other explanation for this (aside from putting crypto under control). What matters is that crypto stays decentralized so it could render governments' efforts useless. They will control centralized exchanges, but they will never control crypto itself.

DEXs, non-custodial mixers, and other decentralized services will make it difficult (if not impossible) for governments to enforce regulations. The revolution simply can't be stopped. Some governments already recognized this, as they've embraced the revolution with open arms. "If you can't beat it, join it". Hopefully, crypto will be able to last for generations.

Hyperinflation is not far from becoming a reality. Constant money printing, wars/geopolitical uncertainty, and the inability to put COVID-19 under control (even though the WHO declared the end of the pandemic) will lead us there faster than you can imagine. People will eventually lose trust in the Fiat money system, paving the way for Bitcoin to take over the world by storm.

A mass adoption of BTC during a global economic crisis will eventually "pump" market prices to the moon. Should the USD become extremely-weak, 1 sat will be equal to $1 (which means BTC will reach a price of $100m). It's only a matter of time before this happens. I'd keep buying and holding BTC just in case. Who knows if you'll strike it rich someday?

Altcoins are usually more profitable than Bitcoin because of their wild fluctuations in market price. New cryptocurrency projects usually implement experimental features not found on Bitcoin itself. Developers can put such features to the test without harming/affecting BTC in any way. Considering that BTC is open source, don't expect altcoins to disappear anytime soon. Even the first altcoin ever created (Namecoin) is still around with us. NMC may not be as popular as other coins, but its core Blockchain network is still alive and running.

The good thing about altcoins is that they reduce the burden on the main Bitcoin blockchain. More coins = less network load for BTC. Would you imagine Bitcoin being the only cryptocurrency in the world? It wouldn't be able to meet the demands of everyday people (due to being unable to scale to billions of people worldwide). Lets hope things stay the way they are right now for the sake of Bitcoin and Blockchain tech as a whole. Just my opinion

The sky is the limit to how far Dogecoin will go. If demand keeps rising, it's possible Dogecoin will reach $1. The "meme" coins hype is easing off right now, so you'd need to wait a little longer for your dreams to come true. With or without Elon Musk, don't expect Dogecoin to go anywhere soon. Prices might decline without him, but the Blockchain will remain alive and healthy as ever. That's if Dogecoin is able to maintain decentralization and censorship-resistance.

The day DOGE becomes centralized, will be the day where the coin will die for good. Remember, it's not about the price but rather utility. What use will a centralized chain have for cross-border payments? No one can predict the future, so lets hope for the best.

Thanks for pointing that out. I've thought it was the miners who were in complete control of the Bitcoin blockchain. I'm glad nodes also have a say on the future direction of the project. With a balance of power between nodes and miners, Bitcoin can remain decentralized forever.

I guess it's safe to say the cryptocurrency is truly-unstoppable. Governments know this, so they've resorted to regulating centralized exchanges with the hopes of putting everything "under control". Illegal activities can be reduced thanks to strict regulations. As long as decentralization wins, there should be nothing to worry about. Who knows if BTC outlasts many of the coins we know and love today?

Received. Thank you!

I believe governments will side with private companies to adopt stablecoins as their own. Why re-invent the wheel by launching a new digital currency from scratch? Using an already-established digital currency pegged to the value of Fiat, is the best solution. If governments take this approach, they will force private companies (Tether, Circle, Paxos, etc) to work for them. They will take over the world by storm whenever you like it or not.

Truly-decentralized cryptocurrencies (particularly Bitcoin) will survive, but they won't be used as massively as their centralized counterparts. The global economy will "reset", but with government-backed digital currencies as its "backbone". Who knows how far we are before this becomes a reality?

If the accusations are true, then Tether (USDT) is bound to lose its peg sooner or later. It's like a "ticking time bomb". Once it detonates, crypto market prices will plunge like never before. A recovery is certain, but it will take a lot longer than expected. It will be a great buying opportunity for whales, but a huge loss for investors.

You can never trust something that isn't backed by the government. Private companies are known to fail over time. But governments always manage to manipulate their currencies for their own convenience. I believe stablecoins will end up being replaced by CBDCs, as governments force their use. It will be a short ride for Tether, USD Coin, and the likes. Ultimately, what matters is decentralization. As long as we have truly-decentralized cryptocurrencies by our side, nothing else matters.

You'd only need permission from the government to buy/sell crypto through a centralized exchange. But rules don't apply to decentralized exchanges and/or services. After all, governments can't enforce regulations on them. If they find themselves "deadlocked", they will make crypto "illegal" for mainstream use. Some people will secretly use crypto to enjoy true financial freedom. But the rest will be afraid of getting into something that's outlawed by the government. That's the way it works.

All that matters is that crypto stays decentralized so that it could stand the test of time. With decentralization, governments will be unable to stop the revolution. Hopefully, crypto will live alongside CBDCs for generations. Just my opinion

Who said crypto was all about the price? It has always been about utility since day one. It's just that "Wall Street" entered the scene, and shifted away people's perception about crypto. Now almost everybody wants to get into crypto to make a quick buck. Not because they believe in the technology. Litecoin's blockchain is still alive and running, despite market prices taking a plunge. As long as it remains useful (especially with the low fees and fast confirmation times), nothing else matters.

The reason why LTC isn't "pumping" it's because investors are more inclined to coins with shiny-new features. Especially those with smart contract capabilities. I've said this many times already. You can see why ETH, BNB, and even Solana are "pumping" like crazy. The only exception (as being a single-purpose blockchain) is Bitcoin because it's the one cryptocurrency that started this craze. Just keep buying and "hodling" LTC over time. Maybe you'll get lucky someday?

$25k? That's an insanely-high price for ETH. It's like saying BTC will hit $1m after ETFs are approved. While ETFs are a great way to help increase mainstream adoption, there's a long road ahead before both BTC and ETH become extremely-valuable crypto assets. Right now, there are rumors of a spot ETF approval by the SEC. There's nothing officially confirmed yet. Prices only went up for a short period of time because of these rumors.

If the application process gets delayed by the SEC again, then we're back to "ground zero". I believe the US regulatory agency will approve a Bitcoin spot ETF first, paving the way for ETH and other cryptocurrencies. SOL's been doing well lately, but there are no intentions of launching a Solana spot ETF by Blackrock or any of the other prominent investment companies. The future is widely unpredictable, so we can only hope for the best.

Indeed. It is still early to call Bitcoin a "safe haven asset". There are a lot of people in this world without Internet access. Not to mention, the crypto market is a lot smaller than other markets (which explains the volatility). At just 14 years since inception, Bitcoin has achieved a lot. Imagined how far it will go 10-20 years from now. We may be considered early adopters of the revolution once BTC goes fully into the mainstream.

It's expected market prices will stabilize once governments establish a proper regulatory framework for crypto assets. A stable Bitcoin would become a greater alternative to Gold. No one can predict the future, so lets hope for the best.

If you don't want to "break the bank", open source software wallets would be your best bet to secure small to medium amounts of crypto. Just make sure to never disclose your private keys and/or seeds, and you'll be good to go. A good thing about open source wallets is that vulnerabilities are easy to discover and patch accordingly. It makes them stronger and resilient over time. If only the aforementioned open source wallets had hardware wallet support, we would be able to achieve true peace of mind. Your crypto funds would be virtually impenetrable.

Of course, there's nothing in this world that's 100% secure. You'd need to follow the necessary security precautions to avoid becoming a victim of scams and/or theft. It seems to me that Unstoppable Wallet is the best open source crypto wallet in the industry. Lets hope it stays that way forever.

I also regret not having bought DOGE before the massive pump of 2021. I would've cashed out profits big time. Never thought someone as influential as Elon Musk had the ability to manipulate the crypto market to his favor. Those who missed the ride are now buying Dogecoin and other "meme" coins like crazy with the hopes of striking it rich in the future. But I doubt there will be a massive pump again, especially when investors are tired of Elon Musk's schemes.

DOGE won't be able to reach $1 on its own without innovation. Only a prolonged bullish market would lead Dogecoin all the way to said price. We should put our focus on less risky crypto assets to help secure our financial future. Both Bitcoin and Ethereum are more appealing investments than Dogecoin itself. Time will tell us whenever "meme" coins will survive or fade away into oblivion. As long as crypto remains useful (not speculative), nothing else matters. Just my opinion

Governments can also control Bitcoin by controlling the supply or the miners. For what I know, Bitcoin's network hashrate is controlled by a few mining pools owned by mainstream mining companies. Getting ahold of such companies will give governments full control over the network's consensus. Institutional investment companies can also buy and accumulate a large portion of BTC's circulating supply, allowing governments to dominate the network if they want to. After all, these companies are subject to government's rules.

So BTC can easily lose its decentralization "in a blink of an eye". That would be a huge win for banks and governments alike. With the introduction of spot ETFs, centralized exchanges dominating the industry, and mining pools becoming more centralized than ever, I feel that Bitcoin has already moved away from Satoshi's original vision. The whole idea was the remove/eliminate the middleman, wasn't it? 

Exactly. Banks will be the only entities allowed to "mix" or obfuscate transactions. The rest of the people will be forced to comply with KYC/AML in order to keep using Bitcoin. There's nothing we can do about it, especially when "Wall Street" is in the game. It has always been about money, power, and control. Eventually, no-KYC centralized mixers will be shut down for good. You will only be able to mix your Bitcoin through a non-custodial mixer.

Of course, it's likely doing such a thing will give you serious consequences in the long run (jail time or fines). After all , governments don't want people to enjoy true financial freedom and privacy. Being a "slave" to the current monetary system backed by banks is what governments like the most. As long as Bitcoin can be controlled via centralized exchanges, don't expect Fiat to go anywhere soon. Just my thoughts