Nobody can tell when exactly the bull run will resume. It could take days, weeks, months or years. The way of the markets are mysterious.
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I don't understand why you would want to finance it with someone else BTCs. If you need money you need money, no matter in which form. BTC holders are NOT more likely to finance your film than any other FIAT based rich person.
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The concept of bubble is overrrated - and underrated at the same time, depending on the situation. The whole world's financial system is a bubble of non imaginable size - but who cares. Perhaps Bitcoin is a bubble too - but surely not that big.
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Yeah, it seems you make quite a mistake then. But, you see, you would have probably sold your Bitcoins when they would value 20,000$ so you would have never become a millionaire anyway. And if you had found your BTCs right in August 2017, you would have sold them immediately for a few Million $, and you would have missed selling them for 20 Million $ a few months later...
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I don't think the actions of the Corean government can affect Bitcoin's price more than for one day or two. I guess this is just the market.
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The price is now very close to the precipice, a critical support line, let's hope it will climb back and if it does it will be a renewed bull run.
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This is actually one of the critical issues regarding Bitcoin's tech. The Bitcoin network is consuming the same energy as the whole of Ireland - and rising. This is not sustainable.
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I would be not surprised if at the same time Merrill Lynch would be secretly accumulating Bitcoins. Remember JP Morgan speaking against Bitcoin and then buying the dip after that its statements has made Bitcoin's price tank.
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Total crypto marketcap is about to hit 1 trillion 2018 is going to be a big year ! What do you think ?
1 trillion is unrealistic it would not even reach 1 million in this year because too many people are scared because of the news/rumor that bitcoin is dangerous to invest money. I think it would be hit 100k per coins in this year i hope that bitcoin will dot it. Some people here seem to be functional analphabets looking at what they write. We are here speaking of the total capitalization of Bitcoin, not the price of one Bitcoin, what the hell! And yes, I think it could reach that size this year eventually.
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The december correction has been a very healthy one for a long term growth of Bitcoin's price. Markets which only go up are drugged markets, very dangerous. The december correction has shaken off all weak hands and soon the bulls will be in control again. I hope.
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You are totally right in every aspect, except one: Satoshi does not exist ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Bitcoin has truly become something totally different from what envisioned in Bitcoin's whitepaper, something unusable as a currency, just a store of value.
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The truth is that Bitcoin has become a store of value, it is not the currency it is supposed to be - it cannot be used to buy goods, especially now that the feed are totally absurd, tens of dollars for every transaction. Dollars are more spendable in real life ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Everything in cryptos has turned into gambling alas! If you look at the markets it is all just a giant casino where gamblers play pump & dump games each one trying to outsmart the others. Buying and selling Bitcoin has become a sort of gamble, true.
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Criminals use also spoon and forks when they eat - should spoon and forks become illegal? Criminals occasionally kill people driving on them with their cars - should we ban cars? This whole story that criminals use bitcoin is utter bullshit. They use more frequently dollars than Bitcoin, I tell you.
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The best way is to buy yourself a Nano Ledger with some instructions on how to use it. On the Nano you can also put other currencies if you want to be sure that one or the other will still have a good value in future - after all Bitcoin may not be the number one in the future at some point.
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Well, if this is true, then much ado for nothing. I think the war on Bitcoin, if at all, would be made on a different level of actions. This has been likely just a marginal episode.
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What the hell does it mean a tax on Bitcoin? Governments can tax only the FIAT money that you get when you sell Bitcoin. When Bitcoin is still Bitcoin it should not be taxable since for governments this is not money.
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With the current fees Bitcoin has become totally unusable. You can afford to pay those fees only if you move Bitcoin to trade it on exchanges or to buy apartments in Dubai - any other use makes no sense.
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I guess you had a perfect timing for your choice, a few hours after you've sold alts they almost all crumbled and Bitcoin started to rise again. Good move!
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After over one month of bounty campaign it would really be nice to see the spreadsheet updated - there I am still listed as a Junior Member while instead I am already a Full Member.
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