It takes time to develop the infrastructure for a peer to peer payment system where you can pay for daily goods without fiat. Also, making money attracts more people which is good for bitcoin
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We almost had it, the longest period of stability ever where the price sat at 6500 dollars for many moons. However, this hope was destroyed by greedy BCH creators, thanks Craig Wright and bitmain for ruining everything
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The name was correct but the photo is not someone needs to create a wiki photo with an anonymous profile pic and label it Satoshi. And make a not that he is no longer developing the code
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This will resolve many issues and prevent further forks and clones claiming to be a better bitcoin. However, the centralised route may cause bitcoin to lose it's fan base so there needs to be another way
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I wouldn't expect too much in this environment as the sec will never approve it with such volatility. Bakkt is a possibility and the only real hope for a full trend reversal
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It could be possible one day in the unlikely event that someone is able to invent perpetual energy so we can have thousands of fee free miners using free electricity. Otherwise no
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Good to see these guys springing up everywhere, it is the easiest way for newbies to get some coins. Fees are super high but when the price rises it will mitigate the losses. Overall, they are worth the purchase assuming they will hodl
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Overstock was one of the first retailers to accept bitcoin so it is fitting that they are the first ones to pay their taxes in it too. After this, others will certainly follow. Especially ones that operate in Ohio
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Chinese is a difficult language so it was probably lost in translation. Bitcoin is needed to solve the problems of a controlled economy, as most of them use a VPN for internet access they know the problem centralised control can bring
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If you have patience then the safest option is to put it purely into bitcoin and wait for the rise. A better choice would be to split it with just 50% in bitcoin and the remaining amount in quality altcoins i.e. top twenty only
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This is going to be a very complicated setup. I wouldn't invest straight away, would need to see if it works and follows the same patterns as the real world stocks
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After bitconnect it shows that people will invest in anything where high returns are proven, even if they know it is a ponzi scam. Newbies of course do not realise or know what a ponzi is so we need to keep these threads alive to ensure scammers are not fed with our coins
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Altcoin category should not be as one unit. You can put something like ethereum or ripple in there but alts are so varied that some can easily be put in the HIGH group for everything. Good privacy coins like monero or zcash are arguably better than bitcoin so they shouldn't be lumped together as general alts
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There is some truth to this, but it should not be referring to the actual bitcoin itself. The reference should only be directed to bitcoin SV which is just s pumped up poor attempt at overthrowing bitcoin or bitcoincash. Hopefully it will disappear to the shitcoin dump yard
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It seems to be quite normal when you think about it logically. 2017 was a booming year, and these periods are often followed by a period of bust. 2018 was that year when pretty much everything was down except for tether. 2019 will probably be something in the middle i.e. slow trend upwards
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People will find their own way into the crypto scene. Imagine promoting it last year and then they complain to you because they lost 90% of their portfolio
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China is a control freak they won't be too open about crypto, but I'm sure they will regulate it somehow. EOS and NEO will start to pump along with thekey as China starts to take hold of crypto
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Gold is difficult to transport, you will need large transport trucks and a security escort. Bitcoin is gold in the new digital world, not that doesn't have any use but it will be limited to jewelry and industrial use
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Best use case is as a decentralised currency that can bypass the tyrants in certain countries that embezzle and scam their own people. It is a savior in some countries and ensures that the people have a usable currency
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I use electrum but haven't opened it for a while, luckily i did not use it yesterday otherwise i might have been tempted to update it as instructed. Good to know about this particular scam, i'll be wary of it for future attacks
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