It is really difficult to decide when it is the perfect time to sell Bitcoin. I would rather wait until it reaches 1 million dollars per 1 BTC than sell it now or for $100.000. Still, it is a huge amount of money. I don't need to rush. I believe that the technology which lays behind the Bitcoin started the revolution of finances. More and more governments started to become interested in the idea of cryptocurrencies. Bitcoin was the first cryptocurrency and this is why its value may continue to increase.

I don't think it's because of the name. So if Bitcoin Cash is faster than Bitcoin and has "Bitcoin" in its name then what is the problem here? It looks like the vast majority of Bitcoin community decided that Bitcoin SegWit1x is "how Bitcoin would look like if Satoshi Nakamoto was still around here". There are plenty of altcoins which have many interesting features but none of them is perfect. Even Bitcoin has flaws.

It would be interesting to see people paying for their meals in McDonald's with Bitcoin. However, I don't think that it is the best time to introduce something likes this. Bitcoin becomes more and more popular. I'm not surprised that even such big companies are interested in earning on Bitcoin transactions. Unfortunately, Bitcoin transaction fees have been growing and they aren't cheap anymore for some people.

It's quite interesting that McAfee decided to double his own bet. He must have a lot of faith in Bitcoin. I'm not surprised though. Bitcoin has been gaining a lot of mainstream media attention lately. It's probably due to Bitcoin hitting $10.000 per 1 BTC. I always thought that McAfee is kinda weird and cool at the same time. Even if Bitcoin doesn't hit 1 million before the end of 2020, he won't eat his dick.

What do you mean by stopping Bitcoin? It isn't possible to stop the expansion of Bitcoin. Even if some big countries decided to ban Bitcoin, it would recover pretty quickly like it happened after Chinese exchanges ban. I wouldn't be surprised if they decided to lift the ban. Bitcoin generates huge profits and some people started to believe that cryptocurrencies are the future of finances. They might be able to replace fiats which are less secure and can be manipulated by the government.

My bet was something around $10.000. I'm quite surprise that Bitcoin managed to surpass my expectations before the December! McAfee could be right. Bitcoin might hit 1 million dollars by the end of 2020. I think that $15.000 is highly possible. Bitcoin price hit around $11.000 which is huge amount of money for something that "doesn't have a physical value". Don't quote me on that, it is a joke. Bitcoin will continue to grow in my opinion.
 

I doubt that Bitcoin will be banned everywhere. Bitcoin generates enormous amount of taxes. Mining farms use a lot of electricity to power their mining rigs and cooling. They have to sell some of their BTC in order to pay for daily things such as food, rent etc. I think that there will be always a few countries where Bitcoin will be legal no matter what happens. I would say that Bitcoin can't be stopped in its current state.

It is obvious that you are new if you haven't seen anything like this before. It happens once in a while. People want to sell what they have earned right after reaching the ATH (all time high). More and more people are exchanging their altcoins to Bitcoin in order to sell it and probably to buy it a few days later when the price decreases. I wouldn't recommend you to sell it, you have to see it yourself how the market behaves in such situation. Nobody wants to be blamed for your loss.

Hello Lutpin.

As I wrote in a private message to you, I'm leaving the campaign. I hope I will receive the payment for the round which ended on Tuesday, even though I changed my signature yesterday.

Bitcointalk name: xBitHodler
Rank: Member
Current post count (inluding this one): 330
BTC address: 36hSWqfyV73ja5JdcHCX9pscJ8SWa3E6E6
wear appropriate signature: I'll wear it as soon as I get accepted.

That is not a good idea. It took almost 10 years to encourage investors to invest in Bitcoin. Why would we destroy it? Because some people have different vision of Bitcoin? There will be always some problems because it's not possible for everyone to think the same way. Some people prefer smaller blocks, some bigger. Some people don't want SegWit, some say it was necessary for further upgrading.

It is much easier to keep bitcoins safe rather than gold which needs special conditions and a secure place. Your private keys can be stored almost anywhere as long as they are encrypted. Also, it is much easier to use Bitcoin for transactions even though the fees are high. Gold storage costs far more than Bitcoin's. Bitcoin has a high chance to replace gold in terms of investment.

Unfortunately, you are right. Bitcoin is addictive and I could call myself addicted to Bitcoin. I used to spend a lot of time checking the exchanges rates of many various cryptocurrencies. Fortunately, I somehow managed to get rid of that habit. I still spend a lot of time browsing Bitcointalk and some other crypto related websites.

Let's be honest, who cares what poor countries do with Bitcoin? Most of countries which ban Bitcoin have financial problems and they are simply afraid of people switching over completely to Bitcoin. If I were a resident of such country I would consider moving out to another country or simply continuing using Bitcoin.

Bitcoin may seem outdated but you have take into account that Bitcoin was the first cryptocurrency and still many people use it. It is difficult to upgrade something in the way which would be accepted by everyone. Bitcoin is the base of all cryptocurrencies. If it failed, there would be a lot of mess in crypto-world. We can't let it happen.

There have been already quite a few governments who decided to ban Bitcoin. The most recent example is China which doesn't allow you to trade Bitcoin there. The rest of the countries are small ones with big economical problems. People from those countries started to invest in Bitcoin because its value is constantly growing unlike their national currency.

There are plenty of ways to cash out your BTC. Most of the exchanges can send bank transfer directly to your bank account - this is the most common and the most popular method. Some of them also offer withdraw from ATMs. Personally, this method suits me the most because it is really convenient. The only thing you have to do is to enter proper PIN which you are given earlier.

Mining, trading, participating in a signature campaign is definitely worth spending your time. All these things are way better than wasting time on doing faucets. It is highly possible that Bitcoin value will increase. We can't say how much it will be worth in the end but I think that it is still relatively cheap.

Bitcoin is definitely worth its price. I would say that it is still relatively cheap and you should consider buying it. Not a long time ago it was worth $2000. Fortunately, you don't have to buy 1 Bitcoin, you can even buy 0.001 which isn't that much if you think about it. If you don't feel confident about it, give it a go with a small amount!

I won't be surprised if Bitcoin hits even more than $10000 by the end of this year. This year was great for cryptocurrencies. More and more people became interested in it. Unfortunately, some people are here only because of money. It would be great if they understood why cryptocurrencies are better than fiat. It would make it easier.