Its good that the lost bitcoins cant be used as it will make the bitcoins more scarce and thus reduce the selling pressure on the market. And no, bitcoins getting lost isn't going to take us to a point where it will be completely depleted. With the adoption rate increasing everyday the bitcoin is getting distributed and this will help prevent the possibility you are talking about.
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Regulating bitcoins is not bad, whats bad is if they decide to ban it or make it illegal. Even if they do any of those two, bitcoin will survive as its a decentralized currency and theres no way a government could ban it completely.
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Thats no rocket science. One needs to daily cost average as that way they wont be left out of a upward trend of a coin, if they wait for a coin to dip then maybe that wont happen and the coin will pump but with DCA they wont have this problem to worry about.
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If you don't know then let me tell you that Bitcoin is a decentralized currency. What this means is that no single party controls bitcoin meaning even if the governments ban bitcoin there are going to be nodes running and miners mining bitcoin all over the world and theres going to be at least one country who will be crypto friendly.
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Trust me if Bitcoin reaches that level again this year then its going way up than that price level. Its not going to reach its Ath and stay there. But if it stays below the $10k price range than we can expect multi year bear phase.
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Theres no best time. You have to daily cost average to purchase bitcoin at a fair price. This way you would avoid buying at the top. You need to fix an amount that you are going to purchase at regular intervals and stick to it. This method is very good for your mind and health.
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How is Machine Learning going to predict whats going on in the dev teams mind and if they are planning to exit scam. Also you cant train the bots to take into account the social media hype, etc as they all can be faked and purchased for cheap.
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Don't know about $1mn but it will sure reach $100k. It just has to x5 from its ATH and it would reach that price point. Also always expect something crazy when it comes to Bitcoin. Bitcoin price always surprises everyone and can reach price levels no one expects.
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I hope you sold your coins then as the bitcoin price did start to look on the verge of crashing and it did so. Even when in doubt just at least sell half so that you get out with at least some profits instead of hodling the bags later on.
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You are talking about past and how you could have done something in the past while you still have the chance in the current time. Bitcoin hasn't been adopted widely yet and is still in its early stages. As long as that doesn't happens there are too many opportunities for you to grab.
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Just one month is like a year in the crypto markets and you are talking about 100 years. Nothing stays at the top forever. I'm pretty sure there will be a coin developed that will be far superior than the current Bitcoin POW algorithm. And with far more use cases than just as a store of value.
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This guy was pretty dead on correct even with his 10 to 20 bitcoins prediction. Anyone hodling 10-20 bitcoins right now is rich. At least in a third world country. Just one more bull cycle and bitcoin would be at a valuation that will make everyone hodling that amount a millionaire.
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Bitcoin is going to have a faster adoption then the world wide web as the potential to make many times in return is very lucrative and the younger generations are getting addicted to the volatility the cryptocurrencies have to offer. You wont find such volatility in any other market.
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If you believe in the crypto tech then you don't have to worry. There is nothing but positive news for Bitcoin and still if you think that bitcoin project is failing than maybe you need to leave the crypto markets. Do you expect the prices to just keep on going up? Every coin pumping is going to correct at some point.
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If bitcoin is a criminal tool than so is any other currency like dollar a criminal tool. Also dollar is used by terrorists and criminals for laundering money, does that make it also a criminal tool? Calling bitcoin a criminal tool is just to create bad press for bitcoin by the banksters as bitcoin threatens their monopoly over money.
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I would have called you crazy if you had asked this question last year. But after the $20k ath, reaching $100k is not that hard, given that it has to only x5 from there. In the crypto world always expect the unexpected. And no one could guess when something is going to happen. I don't know when bitcoin will reach that target but I do know that it is going to break that price level.
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Since most of the ICOs have companies registered I would guess they just sell their coins on exchanges and then withdraw it to their company bank accounts directly.
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Even if all the exchanges require KYC there is LocalBitcoins which will let you buy bitcoins for cash and from anywhere and with anyone in the world. Also there are decentralized exchanges launching which cut outs these KYC exchanges.
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Yup. But that doesn't mean you buy any coin that is in the red. You have to look into the fundamentals of the coin and if it is being developed by a good dev team and has an active community. You need to do your own research.
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You can use Bitcoin to purchase something, which means it has value. What bitcoin is, is a technology with disruptive potential. The only ones saying such bullshit about Bitcoin are people or organizations whose business is being threatened by Bitcoin.
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