Unfortunately, we are not able to predict Bitcoin price. We even don't know what will happen after upcoming SegWit2x hard fork. I would be satisfied if Bitcoin was worth $10k by the end of the year and it is possible. $100k is indeed possible but 2020 isn't too soon? We have to have some time to buy more BTC. I doubt that many people will be able to buy 1 Bitcoin in the next year.

I don't agree that holding Bitcoin is being greedy. Bitcoin can be considered as both asset and currency. I personally treat Bitcoin as a long-term investment which will pay off in the near future. Bitcoin has a great potential to become a widely used currency. I use it to pay for my electricity bills. I have to say that paying with Bitcoin is quite convenient and easier than bank transfers.

In my opinion some banks have already started taking Bitcoin seriously. Few banks in my country started research about Blockchain. They are interested in implementing this technology. Probably they are afraid of losing control of finances. Some banks in my country started blocking accounts for investing in Bitcoin. That's ridiculous.

No, they shouldn't be able to access your data unless your computer is configured so. If you travel a lot I recommend you to buy a VPN. It will increase your security when you are connected to public WiFi network. Try to think about buying a hardware wallet. Ledger Nano S is quite small so it could fit in your pocket. Less risk that someone will steal your crypto.

It's difficult to say whether Bitcoin is going to fail someday and replaced by some other cryptocurrency. I think that Bitcoin became too "popular" to be replaced. Even if the governments start to introduce their own cryptocurrencies, Bitcoin will stay with us as a universal currency which could be accepted by every merchant. That would be something interesting to see.

I try not to spend my bitcoins. I use them only for paying electricity bill. As far as I remember I haven't bought anything beside Antminers with my BTC. I'm thinking about ordering a few Trezor T. I believe that the value of Bitcoin will continue to increase rapidly. We will probably see $10k by the end of the year. I wouldn't be surprised if the price was even higher.

Buying Bitcoin became more profitable than investing in mining. Despite this fast, network difficulty continues to grow. If you want to earn money in a short period of time then investing directly in Bitcoin is a good idea. GPU mining isn't a good investment. A lot of people spent their money on GPUs because it was profitable. Mining revenue is low for GPUs right now.

Yes, I would advise you to buy some BTC. Before you do that, please learn more about Bitcoin. A lot of people tend to blame Bitcoin for their losses because they couldn't stay calm when the price was declining. You can wait for the next correction but we don't know when it is going to happen and how big will be the drop. I'm going to hold my BTC.

To everyone here who has bought Bitcoin recently: Don't sell you Bitcoin. Bitcoin will continue to grow. We are going to have another important hard fork in about 10 days. I would recommend anyone to stay on so called "legacy" Bitcoin. Bitcoin SegWit2x is a huge threat to Bitcoin decentralisation and it isn't needed at all. It is just a made up issue which was solved with SegWit.

It is never too late. Someday it will be even harder to buy 1 BTC. Right now, you have to spend quite a lot of money to have one. Bitcoin price started increasing rapidly this year probably because of money people gaining interest in cryptocurrencies. A lot of my friends started asking me about Bitcoin when they heard about it on news or read on the Internet. It's a matter of time before 0,01 BTC becomes worth a fortune.

I highly doubt that Bitcoin mining will be illegal in every country. In my opinion there will be at least country that will keep Bitcoin legal because... it's money. That's why most countries won't ban it. China probably wanted to check how big influence they have and they managed to make Bitcoin price decline. However, it recovered pretty quickly.

I have to agree that people might have small problems with understanding how does Bitcoin work. However, it isn't that hard to explain basic things like transactions, blocks, mining etc. It's natural that not everyone is capable of creating own cryptocurrency. Let's assume you are English teacher. Do you know how to build a plane from the scratch? I doubt.

I believe that Bitcoin will replace fiat in the next 20 years. Even if my country used other cryptocurrency, I would be satisfied. I have made a lot of money thanks to Bitcoin and I still hope I will be able to make a living with it. I try to participate in crypto related events. I try to stay up-to-date with crypto news and invest in ICOs (I'm careful about it because lots of ICOs are scams).

If I were you, I would invest in Bitcoin. I would advise you to make some additional research before you do so. It's annoying to see people blaming Bitcoin because the price has increased after they sold it. There is SegWit2x hard fork in the next few days so you should read a little about it. It is never too late to buy Bitcoin.

I'm not surprised at all. Now, my bet is that Bitcoin price will reach $10k easily. It might rapidly start increasing after the Segwit2x hard fork. I'm only worried about which chain is going to be the one with majority of hashrate. I wouldn't be surprised if it was SegWit2x chain and then gradually miners would switch back to "legacy" Bitcoin chain.

If you don't want to spend any money then I would recommend you Electrum. You don't have to download the whole Blockchain (data of every transaction on the network) and it's fairly easy to use. If you are going to buy at least 1 BTC then you should consider buying a hardware wallet. Ledger Nano S is the cheapest wallet on the market and it supports a lot of altcoins. I have bought it some time ago and I'm satisfied. Probably, I will switch to Trezor T.

Some countries ban Bitcoin because they are simply afraid of it. Even after exchange ban in China, Bitcoin price recovered in a short period of time. I don't get the point of regulating everything. Authorities probably seek money. Countries have a lot of expenses which are covered by taxes.

It was said that Ethereum was about to replace Bitcoin because of the way it works. Ethereum is indeed fast but as we have seen its price mostly depends on Bitcoin. Ethereum exchange rate has declined from 0,087 BTC to 0,046 BTC. I'm not an expert but I think it's because of either Bitcoin price rise or Bitcoin Gold and SegWit2x hard forks.

Bitcoin has a huge potential to become widely used. It still needs a lot of upgrades because it's not capable of verifying more than 7 transactions at the same time. However, it is still faster than bank transfers in some cases. I will continue to invest in Bitcoin because I believe this technology still has some room to improve. 1 million is possible but not anytime soon.

Profile Link : https://bitcointalk.org/index.php?action=profile;u=1149078
Post Count : 206 (including this one)
Bitcoin Address : 36hSWqfyV73ja5JdcHCX9pscJ8SWa3E6E6
Rate your posting quality on a scale of 1-10 : 8 (to be honest I post too much in Bitcoin discussion section. I will do my best to improve it!)

I will be able to change my signature as soon as I will get payment from my current signature campaign. I'm sorry for the inconvenience. I won't make any posts before I change my signature.