We can't really tell how long it will take for Bitcoin to stabilize. Bitcoin is still in its early state and a lot of new people are starting their journey with cryptocurrencies. I wouldn't be surprised if it took another 10 years for Bitcoin to stabilize. In my opinion, it will be worth more than it is today. It is a matter of time before people will understand the potential of Bitcoin. I will continue to buy Bitcoin whatever the price will be. There are a lot of people who missed opportunity to buy BTC and now they want to earn quite a lot by pumping and dumping it.

You can meet a lot of different people on Bitcointalk. Some of them, have just found out about Bitcoin and they hold it. There are also people who recalled that they have mined or bought Bitcoin and they want to quickly dump it because they are afraid of losing their small fortune due to correction. Such people usually consider Bitcoin as a bubble. "Selling Bitcoin" doesn't have to mean getting completely rid of it. Some people are trying to earn more bitcoins by selling it at ATH and then rebuying it after correction happens.

I have never purchased anything on Steam paying with Bitcoin. I considered is a waste of my bitcoins, I don't use Steam much anyway. However, I don't understand this decision. They should have left Bitcoin as a optional method of payment for people who don't want to exchange their bitcoins to fiat. That's quite surprising because Bitcoin value is very likely to increase in the next years. Is there anything we don't know?

Technically, if you own a Ledger, you don't store your Ethereum on MyEtherWallet. MyEtherWallet is used only for accessing your Ethereum funds. It is fairly easy to use it, especially for token transfers which native Ledger app doesn't support. What you are actually storing on your Ledger are your private keys which are used to sign transactions which are later broadcasted to the whole network. Electrum works fine with Bitcoin, especially version 3 which has introduced support for SegWit.

That's quite an interesting statement. Bitcoin value will continue to increase in the next years. I wouldn't be surprised if we hit $1.000.000 dollars by the end of 2020 like McAfee predicts.
One Bitcoin wasn't worth that much in the past so it is highly possible that 0.01 BTC will be really hard to get. However, 1 million dollars for 0.01? I guess we won't see that before 2030. I'm still young and patient. Good luck Bitcoin!

There are not many women in tech industry in general. It is caused by many factors. More and more women start to become interested in technology. It is still very common to see men mocking women who are on engineering studies. I have no idea why would anyone think that women are less intelligent than men. Cryptocurrencies are still a fresh topic so no wonder why there are not many women. Even on Bitcointalk most users are men.

Bitcoin is not anonymous, not anymore. Transactions are transparent so anyone can check when and from who certain address has received bitcoins. As far as I know, the introduction of "confidential transaction" will help us to solve this problem partially. What are confidential transactions? The information about sent amount of money will be encrypted so only sender and recipient will know the exact amount which was sent.

Almost every person here will tell you that you should invest in Bitcoin. Trading is a lot of hassle for newcomers and I wouldn't recommend it to you. Holding Bitcoin seems to be very profitable and it is safe if you store your bitcoins properly. I would recommend you to invest in Bitcoin and then start studying about it before you invest in another altcoins. You can easily lose your all money if you don't take proper steps.

Hello sir.

I have just changed my signature. I'm sorry for the delay.
Could you enroll me on the spreadsheet once again?

Buying Bitcoin for family and friends for a Christmas present is interesting idea but I'm quite certain that not every person would be satisfied with it. Most people still see Bitcoin as something worthless because it doesn't have any physical form. That's hilarious because same people would like to receive bank transfers instead of using cash. I'll try to encourage some of my friends to try Bitcoin by creating a paper wallet for them and filling it with some BTC.

"The safest way to store Bitcoin is in your memory" - wrong
"The safest way to store Bitcoin is in your hard drive" - wrong

Your bitcoins never leave the network. Information about each address is stored on nodes which synchronize with each other. To move your bitcoins around you have to broadcast a transaction which has to be signed with the correct private key. You can either try to remember your private key or 12/24 seed which will be used later to regenerate your keys. I prefer using hardware wallets but some people recommend using a separate, offline computer to sign transactions.

Everyone here is afraid of decrease of Bitcoin value. Even if it happened I would continue to hodl Bitcoin. Bitcoin price has already decreased by 30%-50% many times and it can happen anytime soon. Almost every time it happens because of some kind of events f.e. Bitcoin exchanges ban in China, people cashing out after hard forks are complete etc. I still haven't changed my mind and I think that Bitcoin hasn't reached his peak, we are still far away from it.

I would recommend you to invest the whole $1k in Bitcoin. Its value is very likely to increase in the upcoming years. If you don't want only Bitcoin then consider investing about 30% in Ethereum. It is very popular due to support for tokens, there are a lot of them on the Ethereum. If you don't want to spend any extra money on hardware wallet then I would recommend you to install Electrum and secure your wallet with a long password. After you do it, you can copy it anywhere or even upload to the cloud (it is encrypted so even if someone hacked your account it wouldn't be possible to spend your bitcoins). If you have any more questions feel free to PM me!

Bitcointalk Username: xBitHodler
Rank: Member
Post count: 352
Link to profile: https://bitcointalk.org/index.php?action=profile;u=1149078
BTC Address: 36hSWqfyV73ja5JdcHCX9pscJ8SWa3E6E6
DEPOTWALLET/Nanowallet address: NBUA6S-VDEWGW-Z3NMSF-TOM4IA-THCMSY-PFXO4Z-LMJS
Wear appropriate signature: If it's possible I would like to start from tomorrow's evening (forum time). The reason behind it is that I want to receive last payout from my current signature campaign. I'm really sorry about the inconvenience! I'll let you know in this topic when I change my signature and personal text.

I'm looking forward to working with you.

Nobody said that Bitcoin is the only right cryptocurrency. I'm quite certain that we will still have many hard forks in the future. That's because every person has its own vision of Bitcoin. Some altcoins such as Ethereum and IOTA are used for different things. I personally use Ethereum (token support), Litecoin (fast and cheap transactions) and Bitcoin (main source of income). Despite all this facts I doubt it will be replaced.

Hardware wallets are the best ones in my opinion. They never expose your privates keys to the computer so you can use your hardware wallet even on an infected PC (assuming that your wallet has a screen which will allow you to check if the receiving address hasn't changed). Paper wallets are also a good choice but you would have to create a separate one for each cryptocurrency. Most of the hardware wallets allow you to store multiple cryptocurrencies.

Some people claim that Bitcoin is a bubble because they think that it has no value at all. They don't understand the idea of Bitcoin and they see it as a few numbers in a computer which anyone can modify. Also, banksters won't die that easily. They will defend banks and their money to the bitter end. Bitcoin value is increasing due to more and more people investing in it. People believe that Bitcoin will continue to increase and so do I.

Bitcoin continues to grow because of many reasons. More and more people become interested in Bitcoin. Unfortunately, the vast majority of them are here only because they want to earn money easily. What a shame that not everyone understands the technology which is behind Bitcoin. Blockchain and Bitcoin have started the revolution. That's why I think that Bitcoin will continue to increase and will eventually reach the price of $1.000.000.

I felt the same when I started my journey with Bitcoin. I couldn't afford any hardware wallet so I decided to use a paper wallet. After a long time, I decided to buy a Ledger Nano S which is quite good. Honestly, I think I should have bought a Trezor. I don't use anything beside Bitcoin, Litecoin and Ethereum so it wouldn't be an issue. The most secure way would be to use an old laptop with some linux distribution installed on it. It's easier to download a malware on Windows than on Linux.

In my opinion, Bitcoin will be much more profitable in the near future. Ethereum value has been also increasing and it reached its own ATH recently. However, Ethereum is still far away from Bitcoin when it comes to investing. Ethereum is an interesting altcoin mostly because of tokens and simplicity of use. Owning Ethereum is useful if you invest in ICOs. It is still less profitable than investing directly in Bitcoin.