There are quite few local shops in my area which started Bitcoin. Unfortunately, I don't know what they are doing with earned bitcoins. I wouldn't be surprised if vast majority of them was holding them. If they accept Bitcoin, they should be aware of risks and possible gains. Bitcoin value is very likely to increase over time. If I had my own business, I would accept BTC.

There is always a huge panic when we are having a correction. People are selling their bitcoins because there was no hard fork. Even if we had it, people would still cash out after everything was clear. I learned a long time ago not to panic when the price goes rapidly down. Probably, it is because I have started to understand what is happening.

User: xBitHodler
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If I were Satoshi Nakamoto, I would also at least try to hide my identity. I suppose that people would constantly ask Satoshi about upcoming hard forks. That would be pretty annoying and even the creator could make a mistake. I wouldn't be surprised if Satoshi got back if we were trying to solve some difficult problem.

250kwh per transaction isn't that much if you think that Bitcoin has potential to become a worldwide currency. Cost of maintaining paper money is also huge. You have to print additional money, distribute it and utilize old bills. Not to mention the high possibility of forgery. It isn't possible to forge Bitcoin, it's not even that easy to steal it.

We can't really predict what will happen to Bitcoin if all coins are mined. Everyone here will be dead before it happens. As far as I remember, it will happen somewhere around 2133. I can't tell you what will be the value of Bitcoin by that time but I'm sure our grandchildren will be happy if we save at least 0,001 BTC for them!

It is not that hard to exchange Ethereum to Bitcoin. The hardest thing is to choose proper exchange. They are many exchanges out there, I would recommend you Bittrex. Next, you have to make sure that you send your Ethereum to proper exchange address. They won't refund you if you send it to bad address. Trading in on the exchange is really easy! No need to explain.

One could say that smart people invest in Bitcoin. However, people who have invested in Bitcoin in 2010 are way smarter than we. Bitcoin is slowly becoming more and more popular. Not everyone is accepting the concept of cryptocurrencies. They will definitely regret it in the future. Cryptocurrencies will replace paper money some day.

No, it is never too late to invest in Bitcoin. As you said, many investors started investing in Bitcoin. It has many advantages and disadvantages. Newcomers are more likely to sell their BTC during correction or to follow some fork which makes Bitcoin no longer itself. Some people come here only after money. That's bad.

Yes, all the governments across the world can create their own cryptocurrency. Even we, ordinary citizens could create our own cryptocurrency but probably it wouldn't have any value. Paper money has value because it is backed by government. Unfortunately, we won't see any real national cryptocurrency anytime soon.

If you are asking if you could pump or dump the Bitcoin value then the answer is no. 10 BTC is quite a lot but it is still too small amount to be "a big player". However, in the next 10 years 10 BTC will be quite a lot and not many people will be able to trade such huge amount of BTC.

The perfect time to invest in altcoins was right after they announced that Bitcoin SegWit2x hard fork was cancelled. Unfortunately, Bitcoin was overloaded at that time and my transaction couldn't get through even thought I paid a high fee. However, Bitcoin Cash is still gaining a lot. Maybe it's not that bad idea to buy it while it's still being pumped in order to sell it later?

It looks like China is thinking about unbanning Bitcoin. That's hilarious. There are plenty of reason why they have tried to ban Bitcoin.
- they thought it was a threat to their current financial system,
- they wanted to earn money by selling BTC before they announced they were going to ban Bitcoin.
I'm not surprised why they want to change their decision. China wants to be number 1, Bitcoin might help with that.

Give it a few days. The price will quickly recover and reach $8000. I'm quite surprised how the things turned out. What a shame I don't keep any money on the exchange so I couldn't sell some of my BTC. If I had had some, I would have earned a lot. SegWit2x was indeed one of the reasons why the price has increased.

Technically, it is possible to increase the number of bitcoin but why would we do that? There's no need to increase the number of bitcoins. If we did that, Bitcoin value would decline for sure. As far as I know, increasing number of bitcoins is one of the changes which would make Bitcoin no longer "the real" Bitcoin. However, we are allowed to increase the number of decimal places.

Unfortunately, Bitcoin fees are high especially when we are just before the hardfork. A lot of people transfer their bitcoins to exchanges in order to quickly claim and sell forked coins right after they are available for trading. SegWit has solved temporarily the problem of expensive transaction. However, it won't do much if majority of network continue to use legacy addresses.

The are plenty of ways to make sure that you bitcoins are safe. If you want to store a huge amount of Bitcoin then I would recommend you to buy a hardware wallet. They aren't cheap but they provide convenient solution to both storing and using BTC at the same time. Your private keys will never leave your device so you don't have to worry about infected computer.

A lot of people, including me, make a living with Bitcoin. I'm not afraid to say that Bitcoin has started the revolution. In the next 20 years they way we use money will change. Right now people are making a living from mining or trading Bitcoin. We can still make a lot on it.

It is highly possible that Bitcoin will reach $10000 by that time. I wouldn't be surprised if it happened earlier. I'm still waiting to sell my BTC for a high price and then to rebuy it for a lower price. It is just a matter of time, we have to be patient. People who invested in altcoins right after the announcement that SegWit2x was cancelled, earned a lot of money.

Unfortunately, Bitcoin isn't completely anonymous. However, if you take proper steps there is a high chance that nobody will be able to discover your real identity. The best thing about Bitcoin is that you don't have to go to bank and sign a lot of papers to get a new account. You can generate a new address even on a device which is not connected to the internet.