Would that increase adoption? I know many people hesitate due to the high price and would probably buy it if it was seen as "less expensive".
For example:
1 BTC = $3,900 USD = 1,000 mBTC
or
$3.9 USD per 1 mBTC
That's a good idea for people who are complaining about the price of bitcoin, if they can't afford bitcoin then they can afford mBTC because it is not that too much expensive and it just takes a few dollars to buy at least 1 mBTC. As the price of bitcoin is getting higher then it is more becoming a not affordable to others but a mBTC is still affordable for most of the people.
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That news is like a few months ago and yes, Japan is one of the countries that help the bitcoin to become even more expensive because there is a lot of merchants in Japan and allowing them to receive bitcoin is a boost on bitcoin's demand in the market which is already triggering the price of bitcoin to get a higher place.
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We can't do about it because that is the result for getting higher demands and popularity of bitcoin, while the bitcoin is getting more of it then the supporters like miners is having a hard time to sustain the network so they need more amount of fees in order to be motivated and also to get more profits so the miners can bring more mining rigs to support the network.
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Yes I really regret it, not to trust bitcoin in the past, because the technology is not as advanced now, and the information media is still difficult so I do not trust bitcoin because of lack of information about bitcoin, but now bitcoin dominate the world of finance
It is not too late to trust bitcoin because you can still buy and trust it as an investment, you can see that the price is slowly getting higher and higher and i think that if you will buy now and if you will hold it for long term then it will become easier for you to earn money since bitcoin is like acting as an passive income for the long term investor because its value is getting more expensive.
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Based on the things that we can see right now, especially the price of bitcoin, we can say that the future of bitcoin is very bright and it can become more successful in the future and it can also reach more higher prices in the future and also a lot of people and countries will do the same thing with bitcoin and it will lead for more progress for the future.
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We should get excited if segwit will be completely implemented in bitcoin because it will make bitcoin faster and the stuck transactions will get lower and it will be the start for another bull run for bitcoin and it might push the price of bitcoin up to 10,000 USD up to next year, so we better move now and accumulate more bitcoin.
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For me I will buy more bitcoin and hold it for the future because I know that bitcoin help me to reach my goals in life and help those people who are wanted to have a good profit in their life that they never been experience before they encountered bitcoin
That is the best thing that we can do with our bitcoin, we should buy more and hold it for long term because bitcoin can be the retirement fund for us in the future because just imagine if bitcoin price will reach 50,000 USD and we have 10 bitcoins or more? We already rich in that time and that is the magic of buying and holding it for long term.
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Definitely,we are blessed one to have bitcoins with us and early birds are more blessed than us.At first,i was planning to save 21 BTC to join the 21 BTC club so that i could enjoy a happy retired life.But on seeing this price hike,i think i coul even achieve such a life with just 10 bitcoins.I bought my first bitcoin at $650 last year and now its price is $3422.Thats a tremendous progress.
Lucky for you, After seeing this ATH, I would believe the basil rule in bitcoin investmen. Buy It, And Save It. I made a mistake when I first buy bitcoin last month at around $2.5k price and sell it at $3k. Although Its not a huge money yet, Its still a huge mistake I've made. So pls tell me, is there a chance to bitcoin comback to $2.7k price? Because I want to be a Lucky man, just like you do. I think there is no chance for you to buy at 2,700 USD price again. If i were you i will buy right now and i will keep it for long term and i will just wait patiently to see at least 50% gain and then i will start to unload my bitcoins, that is the strategy that always works for me to gain the possible big profits because i don't sell at once, i do sell like one to two times per ath of bitcoin.
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Other cryptocurrencies don't stand a chance to over rule bitcoin because of its high price or value it will take them a lot of tome before they can replace bitcoin on top or even if they can we can never say their potential because bitcoin also started from the bottom.
For now, we can say that there is no cryptocurrencies that can replace bitcoin because bitcoin is still strong as of now and it is not that easy to beat because bitcoin is one of the most trusted cryptocurrency in the market and it is the first crypto that has been launched so getting it replaced is very impossible.
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Everyone I tell about it for the most part just don't care. I stopped mentioning it to people.
That is why, i also stop mentioning and telling what is bitcoin to other people because it doesn't seem that they are interested for innovation that can be achieved in bitcoin, they always tell me that it is nonsense and it will not make any change in my life so i just ignore them and i always tell myself that i will not mention bitcoin to others because it is just wasting my time.
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Bitcointalk.org is a forum website and not a deep web, deep web is like a underground market which you can find controversial files, illegal stuffs like porn, guns and drugs. This is a clean website and you can't compare this site to deep web because bitcointalk is created for discussing different things and not focusing on being underground.
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I want to save bitcoin for future purposes since i am a mother of two i need to save it for their educational needs.i think saving bitcoin for many years has a good result for the the future of my children.
Since I do not have kids I never thought of this, but it makes sense you could see bitcoin as a way to try to make the future of your kids better, if you save a few coins I’m sure you will be able to have enough money in the future to sent them to good colleges, but that will depend on what country you live and the price you are willing to pay for their education. Many of us here think that bitcoin is a good investment for the future since its value is increasing day by day. Buying bitcoin today and saving it for the years to come might be better than putting your money to an educational plan company that might be gone before your children will go to college. This scenario happened before and might happen again so its better to just save it yourself through bitcoin because it would have much larger value than putting it in some company that is more risky I think. I agree with you, it is better to just put our money in bitcoin rather than putting it on companies that doesn't have assurance. If you will buy bitcoin today or in this year then after a few months you can easily get 50% return from your investment and that is much higher than possible return in stocks or companies.
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This is a great strategy for the people who want to invest in a good and stable coin and they also want a long term investment. Buying from dips is a great strategy to buy cheaper rate of coins and you can easily sell it in the next weeks because the price of that coin is already at the dip and then it can easily go to a high price or average price.
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
I think many people hold the bitcoins because bitcoin's price will be more expensive in the future, bitcoins be considered as new digital gold and digital asset, bitcoins can protect their whealty from inflation so they hold bitcoins for long time. Exactly. Simple reason. People holds it because we all know that its value isn't stable so they think that in the future the price will be very high and if they will sell there coin the earnings on them was high. It just a matter of patient and time if you want to earn a lot because if you will hold it make sure to monitor it and of course bare with it and wait to rise. That is the only reason that i always remember because i believe that bitcoin will be costing at least 10,000 USD in the future and if we will have at least 10 bitcoins now then it will be worth 100,000 USD in the future which is a really huge money for an average person and i can starting building my house with that and buying the cars that i want.
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Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
Bitcoin is the new currency you may now use it to buy a lot of things online and with latest global trend very soon Bitcoin will dominates the financial world. Since we are living in the modern era where every thing is digital we can say that bitcoin is the new currency because it has a lot of advantages such as fast transactions online on buying things but it can never replace the actual money because it can be bigger than that. It can't replace the current form of money that we have because it has a limited supply which will be lacking in the future because of the possible demands in the market. As long as possible we should accumulate bitcoin as much as we can and keep it for at least 2 years so we can have a chance to become rich without waiting for a long time.
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Bitcoin users are on the rise, and it seems like this trend will continue for a long time because all users continue to buy bitcoins, but I'm not sure bitcoin can last up to 100 years.
Even there will be a lot of users in the incoming few years, bitcoin will still have a difficult times in reaching a 100 year survival because there is a lot of factors to see like new coins, high difficulty for miners and slow network because in the next 50 years, bitcoin will become over crowded and it will lead on a slower network than now.
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I can say that bitcoin is better than credit cards because bitcoin gives you money while credit cards take out money from you and bitcoin is not that fixed in value like debit cards because its market is always moving and it can go up into a higher price or even lower price.
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Hi guys, I been sort of a enthusiast and involved in crypto since 2013 I think. I haven't been that active until last month when I really put tons of hours reading and catching up. I have talked so much about crypto with family members that they ask me to save some funds for them in crypto and I believe BTC is the safest bet. I got some at 2700 but the price is going up like crazy, usually there is a correction but it seems BTC has a rocket in its behind My question is for long term is it better to wait or is the price going to keep rising. Maybe we have a new bottom? I know it's speculation but curious what people are thinking. Other than that I'm glad to be a part of this great technology and promoting it. Great! If you got yours at $2700 then you are almost getting $1000 per BTC in profit. That is something to look forward to. I guess this price surge will continue more than $4000. And then there's some dipping in Oct-Nov and then perhaps double. I think that there is no dips in bitcoin for this year because the dips are already done in the past weeks because of the panic of the august 1 drama. In my opinion, the rest of the months of this year will be completely a bull run up to 5,000 USD bitcoin price and in the next year, we will see a lower price again and the cycle will repeat.
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The banks or let say the government will not start a war against bitcoin because they will adjust their system to work with bitcoin. Bitcoin is decentralized and they can't do anything about it and most of the government are democratic so they are almost basing on the majority decisions so if their people want bitcoin then the banks and bitcoin will become together.
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The only dream that i have right now is to build my own house in the future and i want it to look a big house so i need to grind hard more in bitcoin and i think after 5 years, i can start building that dream house but as of now, with my bitcoins i can buy my minor dreams and that is a latest smartphone and also one of the expensive laptops.
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