In my opinion it is impossible for Bitcoin to "die", because its existence is virtual and therefore there is no way it can disappear from the extensive network that sustains it, although what could happen is that a series of circumstances that caused people's interest in mining, using or investing in it to decline. And in case this happen in the long term, I do not believe that there would be a greater impact on the crypto market, since there are already countless alternatives to fulfill its function, and its potential fall would be gradual and not sudden.

If in spite of the great popularity of bitcoin and the great price it has reached these days, it has not yet being used massively in real life, maybe there is some truth in those who claim that the original bitcoin project has failed, especially when we observe that the bitcoin market has fallen into the hands of speculators, who seem to be the only ones who decide the course that the cryptoeconomy will take in the medium term.

I consider myself a conservative investor, so I am one of those who have the majority of their capital in the top ranked coins. And obviously I'm not an exception, it's enough to see coinmarketcap to find out that 90% of the money invested in cryptos is in the first top-20.

It is true that many times I have tried new, "promising" coins, but in most cases my results have been very bad, so as a rule I only spend less than 10% of my investment capital on new coins.

Time travelers do not exist, however the possibility of the price of bitcoin reaching $100k in the year 2023 is perfectly possible, so it is not required that someone use sophisticated technology to travel to our time and tell us. Because this is not a question of faith, but of simple numbers and mathematics, so it is enough to see what happened in 2017 to prove that a market as volatile as this can easily multiply the value of an asset x10 or x20 in a short span of time, so there is still enough time for the six-digit mark to finally be reached.

This seems like a nice personal project, but it seems to me that it has very little effect on the real life of the individuals. When I read the title of this thread I imagined a project whose purpose was to support an association aimed at mitigating the problem through education, temporary homes or shelters, and although giving a sandwich to a homeless person seems a charitable gesture, this same person will be hungry tomorrow.

But thanks for giving us an example of how much we can do with some will and resources, I think this world would be much better if we stop thinking only about ourselves. 

I have also been somewhat discouraged in this regard, and taking into account the low profitability I am getting in the currencies that I am mining and the usual high temperatures in my country, it is possible that I take a break before deciding whether to continue in business or not. What is clear to me is that I should take advantage of this break to improve my trading skills, because apparently there are better yields in it, but less easily than in mining.

That's right, I stopped mining ethereum several months ago, because when the price collapsed below $100 I realized that at those levels there was more profit potential buying ethers than mining. Fortunately this was a good decision because now that the price of ether multiplied x3 I was able to obtain the profits that mining was no longer giving me.

Of course this option looks interesting, but before the abundance of new projects that promise immense profits to attract miners it is difficult to make a good decision about it, because so many new altcoins have emerged as many others have fallen into neglect. That is why although the idea seems good, it is easy to understand the interest of the majority to continue to mine the most popular cryptos since they are the only ones that guarantee a return, although minimal, in the long term.

There is no doubt that in these times we must be very cautious when investing our valuable coins, however at present it is very easy to hide in anonymity to throw accusations without support, and without real evidence to give validity to the accusation.

At least in my case, I will continue in my interest for this crypto because it really seems to offer interesting features and at least as a short-term investment well worth trying.

A couple of years ago I also stopped debating about this as I used to do before. When I talked to people about the existence of cryptocurrencies, all their potential as currency and even as an investment, the price of bitcoin was around $450. People found it interesting but always found a pretext not to get involved in the topic, or when they thought they knew something about cryptos, they only talked about the negative things supposedly involved in the subject.

But after ten years of existence of bitcoin, I think being apart from it is nothing but negligence, so I do not see much encouragement in trying to convince them about it.

No, I am not investing in IEOs because in essence they are nothing more than the same ICOs without solid, necessary and sustainable projects, only seeking to obtain capital to benefit a few at the expense of the pockets of unsuspecting investors.

Also, in these times when the true value of holding cryptos as reliable and profitable as Bitcoin and Ethereum has been revealed, I see no encouragement to exchange my valuable BTC and ETH for shitcoins or tokens lacking real value.

When I observed the price of bitcoin behaving so steadily from late last year to March this year in a range between $3,600 and $4,500 I believed that the expected stability and decrease in volatility had finally been reached, but for me surprise the months of April and May have meant the return to a roller coaster of emotions and euphoria.

Therefore, perhaps it is time to assume that this enormous volatility will be an eternal characteristic of the crypto market, which will undoubtedly always be a handicap against those who yearn for a massive adoption, since few are enthusiastic about the idea of owning an asset that from one day to the next can lose 30% of its value.

On the contrary, I think that for the price of bitcoin to reach such a high value, mass adoption must be a reality and government regulations must be clearer and more permissive for the use of Bitcoin, otherwise I do not see how big capitals can flow in such a massive way to the market as to raise the price at those heights.

It is evident that Binance is increasing in an disturbing way its power and influence in the crypto-universe, however I believe that the path taken by Ethereum to become the most popular altcoin on the market is enough to preserve its primacy for a long time.

However, I have no doubt that BNB will continue to grow in an increasingly centralized market where investors tend to less diversify their capital, and that is why 90% of the marketcap is deposited in only the top-20.

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I also believe that Kucoin has all the elements to become one of the big players within the exchange market, although at this moment it seems difficult to compete against a giant such as Binance, whose dominance seems to be becoming a monopoly.

Another exchange in which I invested a good amount during its ICO period and promised great things is Decoin, which despite being launched since April seems to be becoming one of the biggest failures in the history of exchanges, with 0 volume in weeks despite investing millions in marketing.

Bitcoin is money because you can make a large number of transactions and economic exchanges that are only affordable for those that have the necessary capital to carry them out, such as the purchase and sale of goods and services, investments, loans, etc.

The fact that some businesses do not accept bitcoin as a valid form of payment does not diminish its value and importance, just as the fact that in some places they do not accept credit cards but this does not diminish their importance in the financial sphere.

Perhaps from its very conception, bitcoin has been hated as much as loved by many, and therefore it seems understandable to me that at any moment there are those who oppose its advancement and intend to offer alternatives to bitcoin, and all these projects end up being unsuccessful and unsubstantiated.

But I think that all this is easy to understand when envy and impotence prevail in the minds of those who see the success of what they hate so much.

In fact, the crypto market has been in constant purge, and from the beginning have emerged and disappeared endless projects without any transcendence for the crypto-universe. And this purge has shown the resilience and adaptability of projects that despite their long life and apparent simplicity have managed to survive an increasingly demanding and sophisticated market, so I think those altcoins that have stood the test of time as Litecoin and even Doge, will continue to enjoy great popularity within 5, 10 or 20 years.

I have also suffered that same problem on several occasions due to my interest in participating in a multitude of bounties and airdrops, since it is difficult to closely monitor all projects when you have more than one hundred of tokens in your portfolio,and most of them are nothing but spam.

That is why I have learned to be more selective with the projects in which it is really worth investing or collaborating, because when one is committed to the potential of a project it will always be important to closely follow the development of the product and all the updates to come.