That is going to change soon enough, bitcoin is at the moment in an equilibrium state and anything can break that but I think that now that segwit is finally here we are going to be able to see a radical change in the next 5 years about the way people see bitcoin, I’m sure adoption is going to grow leaps and bounds in the next years thanks to the increased capacity on the network.

Bitcoin is devised as the ultimate capitalist tool, the winners win and win constantly the losers lose until they got nothing more to lose, that is capitalism whether we like it or not, bitcoins is a currency and like any currency its primary function is to facilitate trades, bitcoin was not designed by satoshi to bring equality or anything like that, if you want to become rich with bitcoin you can do it as long as you can beat your competition.

Bitcoin cannot be easy to predict, it was not long ago people predicted the price of bitcoin will go down after August one and we have seen the opposite, the price held for a few days and now the price has gone beyond the 3000 dollars reaching new all time highs, if people cannot predict something as close as the next days what makes you think people are capable to predict decades in the future.

Correct many altcoins go down in price after the ICO, so for many investors it would have been better to buy after the ICO, but I think this is a consequence of the crazy bonuses ICOs are giving for early investment, someone can buy tokens for a price and receive and extra percentage then he immediately sells for the ICO price to someone else and he earns that percentage as profit.

Whales and investors do not need a TV ad to know about bitcoin, everyone that is in finances  and technology already knows there is a new technology called bitcoin, if they have not invested is because they either do not care or do not see a future in it, another possibility is they have already invested capital in bitcoin but are keeping their mouths shout.

I think the minimum price Litecoin is going to reach before the end of the year is 60 dollars and the maximum will be 80 dollars, Litecoin like most alts is going to go up after a bitcoin rally begins, I think things are going to be slow for some time in Litecoin, probably the pump is not going to happen until October but I will watch the market more closely in the next days and weeks since I have some small holdings.

Yeah I have a terrible luck when it comes to timing but anyway, good for you, I hope that you invested an important amount in it and that you made a lot of money, unfortunately at the moment I’m short on cash so I prefer to wait for a coin that is in the beginning stages and that could go up a lot, I’m in no hurry so I could hold for a very long time.

I think this is unfair to escrows, there are escrows in the forum that have escrowed millions of dollars and they have not stole a single cent, so having a reputable escrow does bring protection to investors, personally I think the whole ICO thing is getting out of control and that is why now are voices trying to regulate the market with all the usual KYC that we hate.

I have no doubt that whales are going to take part of this, all the people that had invested in the casino bankroll of the BitDice casino can invest in the project, since they had already invested their funds in the casino it makes sense they are going to keep their investment going in this new form, besides I think this is even better instead of having their bitcoin there and receiving a small share of the earnings now they are going to have the opportunity to earn money with the ups and downs of the market when the token is listed by exchanges.

Do not worry there is not going to be enough people willing to take the chance and even if there were that does not necessarily mean they are going to be able to achieve their goals, I have seen legendary members claiming they have never owned a full bitcoin, if someone that has been around for so long say that what are the hopes for a newbie.

I disagree the whole point of crypto currencies is to be completely responsible for your money and now people want to say this is coinbase fault? If people wanted to receive BCH when coinbase make it clear they were not going to credit it, then they must have taken control of their destiny and coins and move them out of there, that is the point of bitcoin to not let a central authority tell you what you can do with your money.

This is what people need to understand, they enter bitcoin and are not used to the huge variations in price that bitcoin suffers and that is why some choose to not enter the market or this is the main reason of why they leave, but this is a mistake, what we need to see is the huge growth potential that bitcoin has, and when you look at bitcoin that way then holding despite the ups and downs becomes easier.

I do not think this is going to be the case, just look at the price right now bitcoin is above the price of 2900 and bitcoin cash keeps losing value, I’m not worried at all about the price of bitcoin, people are showing very clearly with their actions that they are not willing to leave the oldest blockchain for a cheap imitation, BCH does not seem to have a chance to survive for a single month.

That could help but even better is to have your wallets in cold storage in a hard drive that is encrypted with a password that you are the only one that knows and that you have never written down anywhere, that would be a hard thing to crack, but if that is not your style you could instead create a paper wallet and secure your coins that way.

People are like that, when I told my friends that you could make some money online I received the same response, instead of having their support the only thing I received were their negative comments, since then I have not commented anything about it to them so they think they were successful with their comments but they were not I’m going to continue to earn some spare money online.

Correct, bitcoin is for everyone that was precisely the reason of why satoshi created bitcoin, to give back the power of money to the people and now the people are complaining that bitcoin is too expensive, of course bitcoin is going to be expensive, it is way better than any fiat, it cannot be printed at will, it cannot be frozen the supply is limited, if they are complaining now, how much are they going to complain when the price goes a lot higher thanks to adoption.

Basically this, we in the forum may know about tens of coins and we know them by name and what they do but for the rest of the people if they know of a cryptocurrency I’m sure that 99% of them are going to mention Bitcoin, bitcoin is the only crypto that has staying power, and that is why we save in bitcoin, I’m willing to sell any of my alts at any moment but that does not apply to bitcoin.

Why do you think that bitcoin cash is going to help in anyway or form the price of bitcoin, in fact it is the complete opposite, bitcoin cash is a direct rival of bitcoin and if anything is looking to destroy and overtake bitcoin, that is never going to happen, but what else could the miners that created this coin be aiming for? Fortunately for us bitcoin is going to destroy bitcoin cash in the next weeks.

The purpose of gold is not to be an investment, gold is a store of value, while you can earn profits in gold when the economy is doing badly and people begin to lose hope on fiat currency, the truth is that is not the function of gold, gold allows you that if at some point in the future you need money you can convert your gold in fiat and by doing that you will be able to have something close to the purchasing power that you had in the past.

Yeah, there is no point in spending big money in something that is not going to work anyway, bitcoin cannot be promoted in an ad of 30 seconds, we need many words and examples in order to describe bitcoin and sometimes that is not going to be enough, so it is better to concentrate our effort on the internet where we can get free publicity, also the television no longer has the impact it had thanks to social media.