Now that more and more countries are starting to go cashless (http://www.bbc.com/capital/story/20180427-does-a-cashless-society-benefit-everyone), is it possible that we also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages? Paying virtually is very convenient for me as I do not have to bring cash and it prevents petty theft but what is the disadvantage?

For many years, there are has been several misconceptions and negative speculations surrounding the world of crypto, you might have noticed that bitcoin always come up top despite these negative speculations.
The year 2018 has not been different, bitcoin has endured up to this time. There are has been several ups and downs especially concerning the price. The changes in the price were largely caused by negative news such as those in the media circles. In spite of all these problems, bitcoin has seen the light of day as the  biggest digital currency in the world. As the year enters the third quarter, all crypto enthusiasts can only hope for the best.

Will the value of native currency fall down if the usage of bitcoin increases?do people feel that they don't need fiat anymore for the transactions to happen?Is that why people are trying to let down bitcoin ? Many questions are just wandering in my mind at the moment. Can anyone answer atleast few of them?

Few months back i purchased arround 15 to 16 btc when bitcoin price was 10000$ to 11000$ each btc but now arround 4000$ each btc .Just waiting for 11000$ for each btc than i should leave btc and i can see bitcoin have no future in this time.

The people in Banking industry have long associated Bitcoins with money laundering, from calling it a bubble to linking it to terrorists money they did everything in their power to destroy bitcoins. Today it's been proved that money laundering happens due to banks, was happening before bitcoins came. Deutsche Bank has been raided for money laundering, and it's pertinent to note bankers from this bank had said bitcoins is used for money laundering. It proves that fiat money is and always will be used for money laundering, it's time to stop the witch hunt against bitcoins. #ItrustBitcoinsoverBank.

Link: https://www.newsbtc.com/2018/11/29/bitcoin-is-criminal-money-says-the-media-while-deutsche-bank-gets-raided-for-laundering/

Although of course it seems unlikely, all good things must come to an end and someday, in the distant future, the blockchain technology will fail. When it happens, what could replace it? Is there anything out there that functions similarly and just as good and reliable as blockchain? More importantly, if nothing replaces it, what will happen to cryptocurrencies then? Any ideas?

Prices have been on a constant decline ever since this year began. There's been FUD all over the place, and governments have been cracking down on Bitcoin and other cryptocurrencies. In addition, there have been several hacks which have also contributed to the decline in the value of the whole cryptocurrency market. As such, many people have lost their faith in Bitcoin and cryptocurrencies in general, as they've lost a lot of money.

Despite this, it seems that most holders would not give up on Bitcoin no matter what. But, if Bitcoin keeps declining in value until it becomes worthless, then long-time holders (like me) would become disillusioned. For those who want to protect their investment, there's the option to sell Bitcoin into USD or exchange it towards a stablecoin like Tether. However, even Tether has lost its peg (although in some occasions it heads back to $1) sometime this year, which means that not even stablecoins can be trusted.

Nonetheless, what are your thoughts about this? Will it be Game Over for Bitcoin? Or will everything go back to normal soon?

I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?

I will never sell under 20k$, even if Bitcoin go to 100$ ...

The peoples who bought Bitcoin at 19k$, why you are selling them now ? You bought at 19k$ sell higher than that !

If you don't beleive at this technology do not buy anymore.

I've been in so many Cryptocurrency groups with so many regrets flying around about Bitcoin. Although I've not been for one minute discouraged about the present price of Bitcoin, because I know for ever high there's always a corresponding low. Even stocks and tech shares are falling. Came across this article and it renewed my faith in Blockchain and Bitcoin as a whole. I hope it also helps an investor feeling lost out here.


https://moneyweek.com/498164/bitcoin-will-survive-but-it-could-easily-fall-to-usd3000/

An excerpt from the article.

Before this plunge, a lot of people spreading FUD about bitcoin and how they want bitcoin to die and how obsolete bitcoin is. People saying  that this alt or that alt will replace bitcoin and that bitcoin is no longer King of crypto. Now, looking at CMC, as bitcoin values going down so are ALL altcoins. No shitcoins...I mean altcoins able to get through what's happening in the market not even BCH, XRP, XLM or any other alts able to get pass through the bear market. This is just a proof that all alts value depends on bitcoin value and  the influence of bitcoin to the whole crypto market. I'm very sure before bitcoin value turn to zero all alts turns to dust just like when Thanus snap his fingers and dusting happened.

So tell me, with all honesty, do you still wants bitcoin to die?

We are humans and for that matter, we are bound to all forms of psychological trauma when something is not going well. I have been wondering what some people who bought bitcoin since last year and early part of this year might be going through. For instance, somebody who bought 1BTC as at last year and he or she is in possession of it up till date, what do you think such a person might want to do to him or herself now that bitcoin has drain so heavily. I think such a person might be psychologically lacerated and thinking committing suicide. What do you also think and what advise will you offer to such a person?

We heard that crypto is often used for terrorist funding, but according to IOCTA in 2018, such an assumption is wrong.

Today, the popularity of Bitcoin is getting better, but the relationship with terrorist funding, they prefer the classic method of transferring through banks.

so, terrorist groups that use bitcoin are only low level transactions.

I came upon this article, and the so called experts weigh in on the current price dip and why they believe Bitcoin would reach $3000.

I am usually very skeptical about trading advice from popular cryptocurrency influencers as it could be made with personal motive, but I was drawn to the statement made by Former institutional trader, Tone Vays;

"BTC constantly drops 80 or 90% to make sure people know what they’re doing, that they understand why they’re in BTC. And I think there are so many big buyers of Bitcoin and they weren’t buying it for the right reasons. They were buying it to make a quick buck and to be famous and to make money for their investors"

The current drop is bad for those seeking short term profit, and ICOs sponging on the growth of bitcoin. But I don't think it does much to the actual goal and target of this technology,
Of course we all invest for profit.
But true believers in bitcoin would be mildly shaken by price dumps, especially as it is expected in this space.

What do you think?
What's the support you envision?
Could there be a silver lining in all these?

I think most people are so focused on buying cheap TV's and notebooks and they are missing out on the biggest Black Friday discount of all.                                                                           
                                                                                     ---<<< Bitcoin >>>----

Get your cheap bitcoins at $4000+ today and your reward and profit will come when we hit $20 000 in a couple of months from now. I think a lot of people are dumping coins on cheap consumer goods today and they are flushing potential profits down the drain.

                                                                                 Hodl today and WIN tomorrow!

I hope this will serve as a reminder that the Bitcoin price is at it's lowest point in months and people should not be spending too many coins on crappy Black Friday specials that they might regret, when the price goes up again in the near future. 

Nothing wrong with some optimism, right?

I am very disappointed to see the price of bitcoin destroyed in recent days, I have lost a lot when I bought bitcoin at a high price, until when this bitcoin price dropped.

The price of bitcoin has not shown any significant rise or drop for almost two months now. What do you think could be the cause. Or do you think at long last bitcoin is going to be stable.