I would say 3% is too high because when you go and ask any random person whether he/she knows anything about bitcoin ,the person would rather blink /think what  are you blabbering about.Bitcoin cannot be suitable for everyone right now as it would take a few years at least to bring in the concept of it to people's minds.Bitcoin is only known to some of the people of middle and upper economic class as far as i know.

There are some people who believe that bitcoin won't be rising always ,so in order to avoid any risk involved ,they sell whatever bitcoin they may be holding whenever there may be any possibility/rumor of bitcoin down. But not always will be an opportunity loss for people as they may sell at a high price and again buy it for cheap price,so not every time would be a  loss if that matter is of concern.

Relatively very less as of now,replacing paper currency is a really major task for any country ,because before paper currency was adapted ;gold ,silver,perhaps even iron was used as a form  of currency,most of the countries found it difficult to adapt to paper currency especially US as they had some kind of policy of only using gold as their currency but finally in the late 1970's they were able to overcome that situation.So it depends on people of the current  generation on how they see cryptocurrencies.

It is true that bitcoin has high transaction fees but from my knowledge ,it is only because of its price rise. And as far the transaction fee for small transactions is concerned i guess we would have to wait for the years to come for using bitcoin for buying day-to-day stuff like "burger king sandwich" ,because as of know everyone would suggest to use bitcoin for big transactions,and let bitcoin blend with the lives of people even more and hope for the best.

This has indeed caused a lot of problems for all the crypto-currencies including bitcoin,i don't know why this has not yet been improved ,i just hope it gets better and let the owner of eth  makes sure that all rumors about his death are clearly stated false. And finally , let the crypto-currencies not get destroyed because of this falsely accused rumors and may people not freak out so easily when they hear such rumors.

I think that rise in transaction fee with rise in price of bitcoin is fair enough because not everything in this world can be achieved with low prices ,so from my point of view higher the income you earn ,higher will be the transaction fee,but this wont be favorable for people who use it on a day-to-day basis.Everything and anything has its own merits and demerits because no one or nothing is perfect enough.

True indeed ,bitcoin's future is unpredictable, but it can be influenced in such a manner so that the future of bitcoin would be stable enough at least for the people who are familiar with bitcoin  and use it and know the real value of Bitcoin. Mass adaptation would be just a part of bitcoin's future,so let's see what is really going to happen.

I don't know whether this is a natural phenomenon or not,but there are rumors that a co-founder of Ethereum is dead because of which this current crash in bitcoin and altcoins has occurred ,but it is only a rumor yet so ,don't know what the real cause is.

Well,it would take a few years at least to bring in the concept of bitcoin as a currency in people's mind,then the people who would be mostly benefited will be the people who are saving bitcoin for some time,and there will be possibilities for taxes to be introduced  and maybe even some restriction on how much bitcoin a person can own,and maybe that will influence the prices of other currency like US $ going down and maybe some other currency taking over the world or even bitcoin for that matter.

I would like to know more information on this project ,can someone please let me know?

Diego Costa: i think that he will definitely leave Chelsea as Diego Costa revealed the conversation between him and his manager Antonio Conte stating that the manager had already replaced him with Romelu Lukaku and doesn't want Diego Costa in his plans or team in the future.As per the information found from interviews and other sources,Diego Costa is yet to decide his future team as he cannot continue with Chelsea anymore.

The topic being about cash whether it is more useful and better than bitcoin is a pessimistic point of view for bitcoin. Bitcoin is not perfect  but it is really safe in a person's hand if the account is handled properly.Yes,cash can be more reliable to bitcoin,and I agree to the fact that cash can be safer to avoid risks in the contrast to bitcoin.

It would take years for bitcoin to improve any country's economy. Knowing the fact that bitcoin 's price fluctuating up and down ,it would be a major risk for any country to accept bitcoin because of the recession all over the world,also not all countries have many bitcoin users so that might not be the reason to accept bitcoin as a currency.Finally,Bitcoin's price might be high but its stability is what matters to an country's economy.

Even if there is Apocalypse,or any other dangers anywhere around the world,there is no chance for bitcoin hitting 1$ over night. It would take a few days for hit 1$ even though I find no reason for it hitting 1$ anytime soon.

Bitcoin is not fit for all people ,because normal people don't have a specific place to spend on and don't know the means to earn it. So clearly bitcoin is not good enough for all people being the fact that it is not  everyone's cup of tea.

I don't think that people have stopped working and started focusing on bitcoin ,because as far as i have spoke with people ,they don't know a lot of bitcoin and they are definitely not going to quit their jobs and focus on bitcoin.I think that some people might invest in bitcoin for a side income rather than spending their whole time on it.The possible impact of increasing price of bitcoin is that people will know more about bitcoin and think of investing in it.

No,billionaires don't invest in bitcoin,as bitcoin is relatively small,also the moment they start investing in bitcoin the price would be towards the ceiling and bitcoin then would be mostly owned by billionaires and not by normal people who want to earn a living by the means of bitcoin.Bitcoin may or may not be known by billionaires,but they are not the reason for bitcoin's growth.

Nope,bitcoin is not popular than usd because of the fact that usd still dominates the world and bitcoin is still growing,plus the transaction fees that is increased drastically is also why some people are considering bitcoin unworthy without even considering its value as a major plus point,so wait for bitcoin to be properly introduced and accepted to all countries and then talk about which is better,usd or btc.

Bitcointalk user :pitiflin
Rank : Senior
Post Count: 272
Your BTC Address: 1P11YAQxZYExqEgCdvCugen8GM6NYykQgv

I would rather not suggest for you to withdraw the whole amount in a single go ,that too when your 5 million$ is at stake,make the withdrawal amount in smaller parts and don't worry about the fees ,the fees is not the type of amount you have to worry about ,instead concentrate on the five million $ that you have to cash out.