In 10 years time you may see it as a good investment at this moment in time it doesn't look good had you invested more than you could afford to lose? If so then this is a hard lesson to learn in the short term. When prices do rise again don't be too hasty to sell every thing.

There are a lot of altcoins out there and they can have a negative impact on bitcoin as everything invested into an altcoin could have been invested into bitcoin. It is good to have choice in coins but it does not help when they don't really bring anything new to the table.

At least it was good to get a update on the situation.
Thanks.

I assume no one is any wiser on what's happening with this campaign?

Dgb is probably one of the most stable coins it usually stays about the same but in recent times we have seen it double or treble.

Unfortunately people believe there is a way to get rich quick around every corner. People get blinded by the profits they believe others are making and don't want to miss out.

Simply once profits are no longer there or people lose interest in mining. If there is no value any longer than rigs will get turned off. There will always be a contingent that will mine speculatively in the hope a coin does really take off

The beauty of bitcoin is that we do not rely on banks to lose our money. We are our own banks. Would you really trust banks with your bitcoin all be it the same can be said for fiat.

Only thing to do is just keep them like said they are dead and you don't have any way of selling them. Unfortunately this could be the future of many coins and tokens.

Is it really important to know his true identity? Does the unknowing not add to the lure of bitcoin and it's anonymous connection. Is it more so people have someone to target if if everything goes bad and for someone to blame for its illicit uses.

Unfortunately there is no stupid free option the value is still the same even if it is 0.00001 btc or 1 random coin. For new people to crypto currencies they want 1 btc but fail to realise that there is less than 21 million of them if a btc was worth virtually nothing than btc would not work.

It all depends on how deep you invested. Can you afford to hodl? Do you have the time and motivation to day trade?
No one can say for certain how bitcoin and crypto currency will be valued in years to come. You could sell now and regret it or be glad you did sell when you did.

The value will always fluctuate and people will always see negatives in both directions if it's low people will moan they bought in at too high a price and vice versa. Too many see it as an investment instead of a tool for payment. If people are reluctant to spend their bitcoin they should just replace what they do spend.

You have to question why the 1% have no faith in bitcoin. Is it because that it is a threat to the fiat that makes up their wealth.

There would have to be very high consumer confidence for bitcoin to take over from fiat but as more retailers offer bitcoin as an alternative over time that confidence will grow. Globally we would have to think of places that don't have good internet how could they use bitcoin? In cities there isn't such a problem but for people living outwith what is their alternative?

If anything this is a perfect opportunity to buy. As those with weaker hand crumble the stronger hand pick up the pieces. Whales will have more money to invest and can make the most from opportunities like this.

People will always have problems with bitcoin and crypto currency, people with lots of money want to protect what they have and people without are afraid of losing what they have. When false news on bitcoin hits it affects both groups.
If you can spend bitcoin and crypto currency like any other currency the same as fiat what's the difference? It isn't like when you travel to other countries you don't trust their currency.

In reality tho they still have to meet roi with buying a decent miner anyway. As long as they were not setting up a full on farm they would get away with it. Atleast they would be contributing to the heating in the winter.

For big whales like that it is nearly gaurenteed profit even if he only holds for a couple of days or weeks. How much he will still have in years to come will be interesting.

I think it all depends on whether you invested with money you weren't prepared to lose from the get go. No one knows where crypto currency could be in 10 years time and time has shown that that it pays to hold for the long-term.