The idea that bitcoin making people richer would destroy the working force is the problem with the rich people in the world (and people who love rich people). Just because everyone is rich doesn't mean that work force will have to be eradicated, there will always be people who work, and the humanity will be much better if nobody has to work, you know why? Because we could finally have a world where everyone does what they want to do and not what they are forced to do, which will help the humanity grow at a much faster speed in tech and art and medicine and basically many many different things.

So at the end of the day, you need workers? Go build an android, not like we wouldn't be able to if we had everyone free to do what they want, it will become easier. Which is why bitcoin helping everyone to get richer is a great way to improve all of humanity.

Weak dollars is always a good thing for all alternate assets and bitcoin is falling into such category hence we can expect continuation of bull run even in this April month as well. But, bitcoin is already attractive enough among institutional fund managers hence when adding weak dollar to the current scenario then why not we expect prices to double within this April month itself.

I'm not over expecting but I'm just speculating what are possible when multiple factors are influencing for the positive growth for bitcoin markets.

Yeah, these predictions are not new just because of bitcoin is setting a new ATH above $62k. We are regularly getting speculations about reach between $100k to $400k but I am not find reaching these levels difficult as there are many big players to support these speculations. When bitcoin community is slowly start believing about reaching big levels then everyone will work for that out of FOMO.

So, when people are continuously making such predictions the we are really going to experience such huge levels; just get ready to book profits around final ATH which may be a mystery as of now.

I never really "bought" bitcoin to be honest, I did a small part but that is very tiny part of my bitcoin amount. I have worked for it and earned it. That's why I got into bitcoin, it was a place where I can provide my skills and talents to people and I could end up working and earning money because of it, that's what I did, I worked as writer, affiliate networker, web developer, and even community manager for few projects, all helped me making money, now I am trying to build my own project as well, that is why people should always be very careful about what they are using crypto for, I have not bought too much bitcoin compared to what I made, but I kept some of my income as bitcoin and that really helped me a lot, I have like 5 months worth of salary saved thanks to this. That is what people should focus on, how great bitcoin could be if you use it as currency and not an asset.

Just after a week time of your statement, today bitcoin set another new ATH of 2021 and I guess the coming day for next one week will be crucial as bitcoin may keep setting new ATH on daily basis. So, there will be no point of looking for any hot altcoins as bitcoin itself too hot even in short term.

But ripple corporation must be too richer these days after 5 to 7 years of pumping and dumping of XRP. It means they got all the power to keep XRP rolling and to test new ATH. Still, I would not recommend anyone to risk on XRP for at least they will be cleared by SEC.

I do not see these as purely bad things @OP, sure it is not a good thing, who could say that you losing money could ever be a good thing, but I do not see it as purely bad thing neither, there is a silver lining in this. What is that? If you learned that doing these type of things are risky, and you should do a risk management on what you should be doing, that means that you now have more knowledge about the situation and next time you do something like this or you are about to, you will consider everything better and act accordingly.

Do not get scared and never do it, just focus better and make calculations better, something as simple as "it was rising for few days, so I thought it was time for it to go down" is not a good reason to short it, it is not even good enough to make a prediction, but if you learn chart reading better you could make decisions better.

Paying people in Bitcoin shouldn’t be a problem even if there is a dip in price, they will still continue getting paid the same amount as long as it’s in USD that the payments are being calculated, it’s not like they are being paid a particular amount of BTC that wouldn’t change when the value dips. So whether the price of bitcoin dips or levels up, they are still going to be paid the same worth in USD, so I don’t see anything that’s a problem with it.

And as for the price of bitcoin I don’t see it going down anytime soon, lots of people are still showing their interest and big companies are showing interest as well, and they want to be investing and lots of people are ready to hold for a long term.

I don’t know about this, but it has been long that the price kept going up and has been on $50,000 and $60,000, if there should be any correction that should be bring the price to anything less than what we have right now, then I think it should have happened since, but rather the market has been increasing on steady, so I am not sure if there is going to be any correction that would take us to a price that is less than this.

I am saying this based on what we have seen before, but this time might be different and we are not going to see that repeat itself. Right now the price has just increased from $60,000 of yesterday to $63,200 and still on the green.

Lol,  man you’re damn confused ,like what are you even saying, you talk about digital dollar and then you switch and start talking about Defi. What even makes you think that the digital dollar (if there is going to be any of that) is going to be something like the Defi (decentralized finance)?

If something that is created by the government is going to be decentralized, then it is of no need to them, since the government is always looking for things that they are going to be able to control and if it’s not going to be that, then they are not interested in it. And by the way, when and where did you see the US government talk about cryptocurrency?

Yeah, most of the investments there is are accessible to anyone no matter your level, there shouldn’t be such a excuse that investment is only meant for the rich people, anyone can be investing no matter their level, I have seen people who have this excuse that only the rich people can be investing and not the poor guys.

And I always make sure to correct such people whenever I see them, because what they say is totally wrong, investment wasn’t made for just particular set of people . If you don’t want to invest that shouldn’t be your , you can simply say it’s because you don’t want to invest or because you have other things that you’re doing with your money, not that it is not meant to people who are not worthy.

Stablecoins may replace fiat when 90% world population will be adopting cryptos; I guess that would take long time as so far less than 10% of people world wide aware of cryptocurrencies and its usage.

People were discussing like bitcoin will replace bank/gold like that but I never imagined a scenario where stablecoins to end the traditional banking system. Because, when we talk with respect to bitcoin, it seems possible as bitcoin got the power and innovation whereas for the satblecoin case, I feel like it is missing innovation and power. So, stablecoin to become a mainstream usage might take more time than we could estimate.

What’s the latest with this ripple’s case for now, because I have not been able to be following up with what’s happening, I have a job and I spend my whole working and have not time to be checking for all these updates.
Earlier when the case started the price of ripple in the market was heavily affected and that’s includes the market cap and that, I believe, caused it to drop from the top three position to the fourth position and being overtaken by another crypto currency. And even now I can’t tell what’s the current situation, but the price has been going up as of recent, so it might make a good choice for investment.

Then as for Tron, it has been trend where I live, everyone is always talking about Tron, and I believe that’s the same thing with other places , so Tron is definitely one of the best choices you’re going to make. Since you have diversify with the $500, Stellar can be good as well.

There is no difference in the way I teach people about trading and the way you have explained it here, exactly what you have said here is what I do when I am teaching people on how to trade and all that, I let them know that there risks and make them understand that it is a difficult task for anyone to do , but with hard work you’re going to be able achieve a high level of profit through trading.

I don’t make it seem like it is an easy thing for anyone to do, because if you’re making it seem like it is easy, they wouldn’t be putting a lot of hard work into it to ensure that they don’t fail. You make them understand that it is difficult and then you also make them see reasons why they should give it a try despite the difficulties.

There are lots of things that you’re going to be able to do with your bitcoins and most of them are usually peer to peer that you would be able to do those, you will hardly find a platform where they are accepting Bitcoin online, because it’s hard to use bitcoin for these big companies, it’s not like when they are making use of options such debit and credit cards, where payments can be verified the second you make them, but as for Bitcoin they are going to have wait to verify or confirm the transactions, which most times they have to do it manually, so it wouldn’t make much sense for them making use of it since it’s going to be a waste of time which wouldn’t be good for big business with lots of customers, the methods that can be verified instantly. But you can use bitcoin when it comes to peer to peer, I do that most times.

In terms of opportunities and how Bitcoin can help, it can help companies to be able to hire people/workers that are living in other locations that are far from where the company is, and also allow them to work remotely.

They will be able to make straight payment to their workers that are working from other countries, and without the hassles that comes with making the transactions through banks. That’s one of the opportunities that it can provide. And then you can be earning through investments in Bitcoin, that’s also an opportunity that no one would like to miss if they have the money to invest.

I am not sure about 3k just yet, I believe that is definitely possible and the probably outcome but I think that will happen depending on how July gets a response. In July there will be a try for eip 1559 which will try to lower the cost of fee's for ethereum and if it can achieve and actually drop it? That will make ethereum 3k and even more, but if it fails then it will not only can't reach those levels but it will be even worse later on.

This is why I believe that July deal will have an impact either way and it is going to be very very important, I can't say that it is going to be easy neither it is going to be tough to get it done but if we can actually do it, that is going to revolutionize ethereum forever. After that we have eth 2.0 as well and it will make things easier there as well, it would give regular people a lot of power over miners too.

Considering this all started with about 20 cents and right now it is about 20 dollars, we can say clearly that those people who ask "which coin can make me 100x" type of questions could have bought this one. Seriously making 100x return is insane, that is really more money than I can imagine if you have a decent starting capital, I would have been half way retired by now if I did that.

Plus on top of that if you got in when it was 20 cents, and you reinvested all the money you made (from either LP or directly pools) that would mean that you would basically have more cake than you bought as well, you would earn some and that means you would make more than 100x as well, depending on how early you got in we are talking about as much as 1000x if you reinvested it all as soon as you got it and that is the type of money you could live forever without working even if you had a starting capital of like 2-3 thousand dollars.

Yeah regardless of people who are mining or investing, must be waiting for big price levels to dump and then to buy back at cheaper price levels. This must be the basic reason why bitcoin is still remaining highly volatile. But the thing we need to notice here, when there is a trend among miners about holding rather than immediate dumping, then that will definitely contribute into stronger bull run. Regardless of how many miners are holding from the beginning, if there is a such trend then that will definitely get them big profits even at least in short-term.

I'm counting this topic like another big reason which will be trigger bitcoin into very big price levels by end of this year or before it will be getting into bear mode. Basically I'm looking for $100 before end of this year but now I guess I need to adjust it further .

Yeah, unlike most outside people do imagine, holding bitcoin is not that easier one; we need to come across lots of hassles which includes emotional failures and family members' pressure. Even if we come across them, governments bring some unexpected regulation against crypto which are directly or indirectly affect us in one way or other.

That kind of scenario never will happen; even more than half of world population will be on adopting bitcoins, we cannot expect expenses of our day-to-day life will match the price of bitcoins. Simply, there are some parts are missing in the logic mentioned by OP here.

I believe you could find multiple opportunities based on crypto to earn for your living. Because, there are a lot of possible earning opportunities you could find in crypto space which are including trading, mining and article writing. I have seen many people are still hiring for writing about crypto as only very less number of people are aware of crypt space and having good writing skills.

For WFH, crypto must be a right place. By analyzing the current market trend of crypto and how many new people are going to join here because of WFH, I am very much sure that this crypto markets will not find any short-term bearish also unlike how it was in March 2020.