Well, If cryptocurrency will become legal all over the world, I think fiat currency will still exist. They won't throw or replace it easily because of bitcoin is very volatile compared to fiat that has a fixed supply. Also, they can think that fiat is still useful since it has a more stable value compare to bitcoin and it's more convenient for daily use. Maybe in the long run bitcoin might be able to replace fiat currency but it might take a long time before that happens even if it's already legal.

That's so sad to hear that bitcoin is now been mentioned to child sexual abuse. In this case bitcoins, popularity might get lost due to this news that will give bitcoin a bad image that it is being used in illegal transactions and it's against the law. It is very important to take good care of its image in order for bitcoin to get more investors.

But glad to know there are some authorities who were able to trace transactions in the blockchain and they will caught the bad guy who abuses those innocent children. We can't deny the fact that Bitcoin transactions are usually common on the dark web.

Absolutely. Gold exist a very long time ago. Even in 10000BC gold already exist and still exist until now. I think it's hard for bitcoin to reach gold since its values are volatile so it may rise or fall from time to time and 10 years' existence is not enough. Rather than gold that you can really assure to have a better profit in a long period of time because it is already proven and tested.

But why choosing among them, instead invest them all because they are all valuable stuff and they can make as your asset. Invest now and wait at the right time they will turn in to expensive.

Well, I think the only way is when people will buy more bitcoins so that there will be a lacking of supply. In that way if there are no more supplies and the demand is high there is a big possibility that the price of bitcoin my increase and might double or triple its value in a short period of time.

Another factor is what they called a whales, who are manip[ulating the entire market. If Bitcoin will down there is a chance that it will surge back again and pump up.

How did you know when Bitcoin will drop at that price? I think this is a perfect time to buy bitcoin that you can afford. Yes, that you can afford not just your budget in daily expenses. The best thing to do is to buy bitcoin now since the price of it drops down so you'll be able to buy it at a lower price.

You don't need to wait for bitcoin to increase because if that happen you might only earn a small profit from it so much better to invest now in order for you to be able to earn some profit in a long run.

That's so sad to hear since it's almost 2 years ago but until now bitcoin price still doesn't reach $20k. It still drops down and I don't know what is happening now. There are already investors who back out due to its low value for now. I think it will take time for bitcoin price to reaches $20k again just like 2017.

Just a friendly reminder, you have nothing to lose if you don't sell your bitcoin or convert into fiat because that is still the same quantity in your wallet. Don't lose hope I know that bitcoin will surge when next halving come, just keep it holding until it is back to the price when you are invested your bitcoin. Once your profit was there you may cut it and reinvest.

This time since I have a capital I think I belong to bear's group since I always take out money and investing in crypto market often so that I can have money to spend on my daily to invest in crypto and also I'm interested in making money in a short period of time but if I can have more capital I would like to invest for a long term. Just like what happens now, for me it is the right time to invest while Bitcoin is in a bear situation and after a month we can go in bull run situation.

They want their name to have exposure for sure. We already know who is the founder of bitcoin and it's a long time ago and that's Satoshi Nakamoto but he didn't show himself on the public the reason why there are many people that are claiming that they are a founder of bitcoin but I don't believe on them. There's no reason the real Satoshi revealing them/his self, Bitcoin will not increase even though we know and met the real Satoshi. We respect the decision Satoshi had and hiding is the way to keep behind that name remain secure.

Well, actually the danger inside cryptocurrency investing is you might lose it huge amount of your money when you do panic selling if the price drops down so you must keep on holding on no matter how low the price is because since the value of bitcoin is volatile so it may rise up again and you can it big profit if you wait patiently.

Another reason if you are investing in a project that going to scam, because you are lack research and to dig more before to know which is the potential one. Or might you have an option to stick in a top 10 cryptocurrencies that listed on CMC.

Well, I think 1 satoshi is almost the same value in different fiat currency. It is a small amount so it might be able to only have the same value. Also, people no longer recognize or see the difference in it since it has an only a small amount and they are just focusing on how to earn it and not on what is the fiat currency that 1 satoshi has a most higher value. Because OP is basing on dollar rate, of course, that is a highest value among all currencies in all countries.

Absolutely! Since bitcoin and gold prices are now so big and being valuable in the market. I think that's the reason why it is now more popular all over the world and fiat currency are starting to lost it's worth due to bitcoin and gold and I think in a long run bitcoin and gold might replace fiat and become the most in-demand on the market soon.

But I guess it will take a longer time that will happen. As of now, not all countries that have an internet that can use bitcoin. Let's just accept what we are now and let the time will tell what will happen in the future.

I hope they find good insight into bitcoin and become more popular when another country introduces Bitcoin as a great help to our economic growth. Probably there is a conclusion. Maybe it's due to its value since the value of bitcoin now is so low the reason why there are only a few people who are attracted to invest on it and I think in order to regain it's popularity much better to double or triple it's price to attract more people to invest in order for them to be able to earn big profit.

I believed when the next halving comes it will gain again much more popularity and people will adopt again and hoping they will gain profit but the fact they are too late, they cant jump in when the price is high.

Not all the time in investing in Bitcoin is good. You should understand first what is the behavior on this and how it works to have a good profit. You should invest in the right timing and when it is perfect for the buying point. Because if you can't wait for probably you feel panic selling and probably losing your money.

I don't think it's a mistake on investing bitcoin because here you can assure that you'll be able to earn big profit as long as you believe and keep on holding until the price increases or double the price from the amount that you invest in order for you to earn big profit and I think it's not a mistake investing here.

You probably did not read above by the OP. He falls on a trap and using a phishing wallet. We all know that Online wallet is prone to hacking and scamming. That's really bad news for OP. Well, if ever you had been lost your password try to use the link sent in your email including the code but if you also forgot your email then that's very hard to recover. Maybe you can contact the customer support and ask for help on what are the documents you need to provide in order to recover your bitcoin wallet. I hate online wallet, OP has a good decision to switching into hardware wallet and be careful by next time.

Use an electrum wallet just for free and install it in your clean Pc. By the way OP better to lock your thread if you have been got successful answer.

Tend to agree, these both are valuable stuff but it has different functions when it comes usage on it. Nothing replacement happens because Bitcoin is a form of currency. When it comes to investment choosing both of them is a good step to have a good asset. But here is the fact.
Well, maybe the best thing to do is wait to increase the value of bitcoin. Much better to double or triple the price to attract more investors and might be able to replace gold. That's the best thing to do so that many investors well now focus on bitcoin and might forget about gold.

I don't think it will take 10 years in order for bitcoin to overtake Paypal. As well know bitcoin is now more popular in many countries all over the world and in that way there a big possibility that bitcoin can attract more investors after 5 years and might be able to overtake Paypal at that time. But this does not make any sense in comparing both of them, because Paypal is a payment processor while bitcoin can be used as a payment. These are having a huge difference and there's no need for comparison. But one thing that I feel for sure, after 10 years bitcoin is too expensive.

Yep yep!  because altcoins will help to have a trading pair from bitcoin. But in my own conclusion, I think the bitcoin price might double or triple it's valued since there is no trouble on it and there will be a lacking of supply due to high demand so the price will always increase and that's a good thing to those people who invest a lot on it. They might earn huge profits.

Absolutely! Bitcoin is really better than fiat, Especially when it comes to value. Dollar's value is really far compared to bitcoin if you are going to ask bitcoin enthusiasts but the government and other people who do not know bitcoin more might think that dollar is better than bitcoin.
But the fact we don't need to compare these two stuff, Bitcoin is a digital asset and dollar is fiat that we can use either in offline transactions.
There's no need to have a comparison between these two currencies, but there is the difference between these two currencies, the decentralized and centralized.

Well, we can't predict the future but I think this time it's too hard for us to reach the moon since bitcoin price is still low and I don't think that I can increase quickly. Well, who knows if $20000 value will be back but I think it is a long way run in order for us to be able to reach the moon just like what we had 2 years ago. But believed me, next halving will surely come and I also waiting for that and make it sure you are always ready for this. Hoarding and accumulating is the best decision.

Choose only those high potential of not being fraud and scam when you are submitting personal details. We know how important KYC but maybe as a customer, we also might get abuse from them for the possible reasons for selling our identity. I think there's no need KYC because here in bitcoin or crypto, in general, there's no need for us to reveal ourselves or that KYC thing. As long as you create an account even if it is not your real identity you can also create account here as long as you invest and earn. That KYC process is only good for banks process in creating accounts.