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At this moment, Bitcoin is anonymous enough that it would be unfeasible for example to entrust your Bitcoins inheritance. Perhaps with the development of cryptocurrencies, it will be possible to connect some of the wallets for crypto, which would allow for the transfer of funds that would be lost. Everything before us remains only for us to wait for the situation to develop.
While we are still living we should educate our family about cryptocurrency so that time comes that we gone in this world our successor will know what to do with our crypto's. Be sure that private keys are stored in hard wallet and and have a buck-up storage for safety purposes.
Re: Huge potential earnings in bitcoin, still not interesting for others
The reason why some people are still not interested in bitcoin, despite the huge potential earnings, is simply because of fear, due to the fact that the cryptocurrency cannot be regulated and it is not yet globally used for transactions.
As what I have observe there are lot people who's living is better because of Bitcoin but then there are still people not interested in Bitcoin maybe it's because they don't understand what really cryptocurrency is. And maybe they are afraid because of many negative issue which made by the crypto haters.
Re: Bitcoin Price Jumps Above $6800! What might have caused this sudden rise?
I don't think it's whales who are the reason of price up. It is naturally hapening. The demand has also increased. Probably, this is the reason.
In my opinion why Bitcoin price jump above $6800 because it is part of a sudden change or we may say flactuation of market value and I know it is just an awakening that Bitcoin is not a bubble.
Re: What are the chances BTC is replaced by something better soon?
This is to happen. But which is good can never be neglected soon. Within one or three year I think bitcoin will reach at a good position and it will be more popular. But for a new currency thats quiet hard to compete with.
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I don't think there is chances for something better to other coin to replaced BTC, as far as I know it's still Bitcoin is incredibly well even on its downfall.
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I don't think there is chances for something better to other coin to replaced BTC, as far as I know it's still Bitcoin is incredibly well even on its downfall.
Same is the case with me but I strongle believe bitcoin will be 25k this time and all my investment will return back to me with profit 
Yes I bought Bitcoin last December 2017 but I have no regret because it's just a little part of my profit during Bitcoin skyrocketing and beside I know that when there's downfall it will really bounce back.
Of course they are, because right now the situation on the market is so hard, that you need to be really experienced in order to stay here and not to leave.
People who are move out from cryptocurrency are the people who are not a risk taker. Specially now a days that the market value are getting lower, maybe some of them are thinking that it will be bubble. But for me I continue investing in cryptocurrency.
If you choose a promising project and now it has slipped in price, then there is a good chance that prices will start to grow after the market recovery.
Hold and be patient because it's been a nature to a cryptocurrencies flactuation of market value. Yes I have a strong feeling that price will go up this year end because we all know that crypto price is like a roller coaster.
I think crypto market is going up day by day. of course decline is over and it will be reached on highest rank. I know this process is little bit slow due to market volatility but overall performance will be satisfactory.
In my opinion crypto market will really going up specially that Facebook is now lifting its ban for cryptocurrency. Facebook permitted to post advertisement for cryptocurrency, I think market value of each cryptocurrency will going higher and downfall is over.
Re: Facebook removes/Unbans Bitcoin & Cryptocurrency Ads
Finally, it is a great news that Facebook now unbans Bitcoin & Cryptocurrency ads. I think they realized that not all ICOs scams they are many ICOs that legit and need to advertise on Facebook and it will give Facebook profit because of it.
I guess this is starting point of peak for cryptocurrency since Facebook is now lifting its ban. I think widespread of Bitcoin or cryptocurrency are unstoppable through Facebook advertisements.
In my opinion,it really depends to your goals,But for me,I want to make a profit everyday than holding a bitcoin for a long time.Before ,I was thinking to hold my bitcoin whatever it takes but I realized its not healthy to be affected when bitcoin is fall everytime you check it on the market.So set your goal and learn when to enter and exit in bitcoin .
I'm prefer to hold Bitcoin for Long time because it is like saving for the future. Even the market value of Bitcoin now is very low but it can't affect my faith that Bitcoin will going to peak soon.
Re: Why we should not panic about the Bitcoin price.
Why do we need to panic when Bitcoin prices go down? Take a look at the fact that Bitcoin prices have fallen sharply, but it has risen several times over the past year. When Bitcoin still achieves a fixed profit over the previous rate, we should not worry and panic.
During this downfall of Bitcoin market value I've never get panic because I have a strong belief that Bitcoin will survive. Bitcoin will continue as a store of value that's even in this downfall there are still lot of investor and demand are still going stronger.
I don't think so. If other coins move faster that bitcoin then why bitcoin is the most used in all coins? So i think that bitcoin is the most faster and preferable to use. Its just that bitcoin today is not convenient because of its low value.
I think other coin are moving but not as fast as Bitcoin . When it comes to existence Bitcoin is the best among the rest eventhough price value is not stable but then it's been embraced almost worldwide. That's why Bitcoin is very popular and move faster than any other coins.
Re: If you did not listen before, now is last chance to reduce your loss
If the $20k pump manipulation theory is really true by using tether then I believe that we are in the real price of btc right now. We are not really going down but just doing a normal movement in prices so we are still heading up to $20k without any huge manipulation so there is no need to exit out.
its true, for me I have no regrets in holding my coins even the price is getting lower, because I know in the long run it will bounce back to peak. what ever happen in the end its my choice and decision.
I doubt it when he used the word 'all'. In as much as we predicts and wish that cryptocurrency will be widely used, there are still some companies which will still be reluctant to accommodate it. Nevertheless, this will not stop cryptocurrency especially bitcoin from been the most valued asset in years to come. It value and price will be so high that no rejection from anywhere can stop it.
in my prediction cryptocurrency in five years will widely spread. adoption will be increase because of mellinials. market price in five years will going to peak.
for now the bitcoin price is not possible, but one day bitcoin will be the number one coin from other coin coins and it is very confident for me.
I think Bitcoin will remain dominant because it is not bubble although there is downfall of price but it is normal in cryptocurrency. Bitcoin price is decreasing but then no other coins bit the price of Bitcoin even on its downfall.
Against the General background of the market decline, the reduction of the transaction fee has a positive value, apparently it was done to support and to investors did not leave the market.
It's been nice to heard that transaction fees are reduced since a lot of my transaction is through Bitcoin. But as of now I don't feel that declinement of transaction fees. I do hope that Bitcoin transaction fees will decrease.
Re: What factors scare others from investing into bitcoin?
I think the biggest fear of newcomers is that they will not be able to withdraw funds once invested and turn out to be profitable. We must focus on showing bitcoin features - including the fact that no one can return a transaction after it is sent (which sometimes makes newcomers afraid because unlike traditional cash they will not be able to contact their bank later) and cancel payments if they realize they are being cheated ).
We should focus to show that bitcoin transactions are the safest in the world because no one can block your account or ban you. Thanks
We should focus to show that bitcoin transactions are the safest in the world because no one can block your account or ban you. Thanks
I think is because of the legal issue why there are still people who are scared to invest in bitcoin. Just because of the negative news around about bitcon legality in other countries thats why people are scared one of the factors that can cause people to dislike bitcoin is the medias negative comment about the cryptos. Also the stability of bitcoin is one of the factor.
yes you are right cryptocurrency is only used for those who dare to take and face the risks that exist, if you do not dare to face the risks that exist then you will be difficult to be able to gain profit.
Cryptos are not only for risk takers but also for those who are eager to learn and those who understand and recognize bitcoin. But surely it is not for those who are pessimistic or close minded that it may collapse or burst. We should take risk and earn big or you'll just stay in your comfort zone were you're not earn asa big as earning in bitcoin.
Selling Bitcoin for the gain of life is a natural thing, and not a stupid decision due to the fact that each person has many different needs and emergencies.
Selling bitcoin today is not a clever decision and not stupid because you will still receive a money through it but not that big but it is enough for your needs. I still suggest if you hold your bitcoin and wait for the right time when the price raise and where it is higher enough than the capital that you invest in it. Also when the price decrease it is the right time to buy a crypto, be wise enough before you regret what ou did.
can not understand
Ban means to forbid the use, performance, or distribution of any bitcoin or crytpcurrencies in your country. But this depends to the rules of the law that your country abide since we do have a different legal rules. If your country law says that anyone caught using, selling or trading bitcoin will be sent to jail or will be punish it really depends or they will pay a penalty fee. If ever your country banned bitcoin just follow the rules.