14-Koelen3 Please and thank you kind sir. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Not neccssarily. I think many of the main holders who currently hold the largest share would benefit the most and I don't belive that it's large banks and financial institutions really. I'm not saying they don't have a large share themselves, but not all and likely not that large.
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I think there is no questions that bitcoin is manipulated in several ways. I belive the exchanges have manipulated bitcoins price since their existance. If you think about it, no one was overlooking the exchanges for years. Some exchanges have next to no regulatiion or oversight what so ever. it's hard to believe all these exchanges were compltely honest with us..and if they ever are today.
There's that, among many other factors such as discussed in the article.
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I measure the success of bitcoin a number of ways. I think first off the health of the blockchain is always the most important factor. If things aren't running smoothly, no one is going to want to use bitcoin. I think public adoption in any ways also greatly measures the success of bitcoin. What companies are adding it to thier accepted payment forms? Which companies are adopting blockchain and using bitcoin for certain dealings. What government regulations have been a positive for bitcoin and other cryptocurrencies etc.
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This is one of the most annoying comparisons that has been going on for far too long. Gold and Bitcoin are not the same thing and there should really be no comparison. A proper portfolio should be well diverse and having both gold and bitcoin can often make sense.
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As of today, there is no question that bitcoin is best positioned to be the global currency. First off, it's blockchain has been tested farr more so than any other coin and it's not even close. People often look this over, but it's imporant to remember that until your blockchain is tested with billions and billions of dollars it's just conjecture to say that your chain is better and or more effecient (looking at your bitcoin cash). Bitcoin will also become more and more effecient throuh further adoption of SegWit and the Lighting Network.
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Craight Wright is a fake. He has tried to say he's Satoshi for some time now. In all likelihood it would make more sense if Hal Finney and Nick Szabo were Satoshi. It's a fun thing to guess for some I get that, and of course is a great conspiracy to others. The fact of the matter is it doesn't matter and Satoshi leaving the bitcoin project and his wallet was the best thing he could have done for bitcoin.
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I think bitcoin has the potential to change everyones life for the better. The financial freedom is really not that point of bitcoin. It's important to remember that technically bitcoin is NOT an investment. Bitcoin was created by Satoshi as a payemnt system.
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There's a good amount of people who want bitcoin to die and often is has little to nothing to do with the technology itself. There are a lot of people in which bitcoin simply goes against there political and social beliefs. This new found, non-government regulated, decentralized payment system goes against what they're used to. You've also got plenty alts such as Bitcoin Cash that would love to see bitcoin die. The Bcash community spends half their time arguing that Bcash is the real bitcoin. There's also a large amount of people who simply want to see bitcoin fail because they don't understand it. Simple as that.
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And you came up with this thesis how?? That is an opinion first of all, and one I belive is a bit foolish. The blockchain is a program, and therefore it is programmable. For instance Forks, installation of SegWit and the Ligtning Network. The blockchain can me reworked over and over and will only become more effecient with time. To simply say "all good things must come to an end" is really a missinformed statement. You didn't provide any solid material for your predictions here other than that opion.
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It was ineveitable that Bitcoin was going to come back down after reaching highs of 20k last December. There are many businesses now that rely on bitcoin, there are many people now that rely on bitcoin for all sorts of reasons. The blockchain is a revolutionary program and it's possibilities have barely been touched. There is so much more to come, hang in there and HODL!
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99 -Koelen3 Thank you sir! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Bitcoin was never meant to become an investment, it was created to become a global currency, and it is being developed and introduce, so for now the feature and condition still not yet 100% suitable as currency, as for the price, bitcoin price is doing great in this 10 years, the rising is very significant, some of the people still can't accept the bitcoin existence, they still prefer the old traditional investment, so can't blame them to look down on bitcoin
This is really well said and exactly right. Bitcoin and cryptocurrency simply goes against many peoples political and social views of what money is supposed to be. It's not that they don't think this is a solid technology or that it doesn't work well...it simply goes against the grain of the norm and they don't like it. When it comes to Buffett and Dimon, bashing bitcoin is in their best interest, financailly thiat is...so it's no suprise they continue to do so.
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There really is no "target makret" for bitcoin. Bitcoin has been adopted first by the independent types, the libertarian types who see the need for it's use. Those whom are tired of status quo and looking for a decentralized alternative to traditional fiat currency. Anyone looking to send and receive money near instantly, without boundaries and cheaply can benefit from bitcoin and other cryptocurrencies in a way that fiat currency can't offer.
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Yes I still believe in Bitcoin and the few other crytpocurrency coins that have strong projects/teams such as Monero and Ethereum. I think it's important for people to realzie that there have been a whole lot of non believers selling of late who never planned to hodl anyhow. Also institutions selling off as part of their trade strategy. In other words there has been a whole lot of dollars in Bitcoin that didn't have any other use other than to try and make money off of it.
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6- Koelen3 Thank you kind sir! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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I think there's a lot more of the "people" holding and using bitcoin than you realize. It does seem like lately a lot of news surrouding bitcoin has a corporate side to it. I think that is more so to do with all the talk around corporate finance and ETF's. Bitcoin and cryptocurrency has been a hot topic in the financial industry and fiancial coporations have all gotten in on the craze one way or another, even if it's that they denounce it's use/mertit.
I simply don't thinik individual use by the every day person is very newsworthy at the moment, so you just don't see or hear it being reported..even though it is going on.
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6-koelen3 thx! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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