Especially last year when it cost $ 20,000. People put their money hoping to get rich. New entrants will think that this is a place for a better economy, so they will think to invest it. The biggest benefit of Bitcoin is the profit it brings

The price is unpredictable and I believe investing and losing is not foolishness. Nobody wants to lose. Investing is risky and I think those investors are willing to take it when they have decided to invest. Its a win or lose that investors have to accept what will happen

I fully agree with you, I have been involved for almost a year but I still do not understand this technology. I'm still learning about what I'm doing. I am completely blind on investment and market participation.

Bitcoin protects people from the centralized world economy, where everything is controlled by the government. For example, bitcoin allows community users to determine the price they want to sell or buy. It also protects users from information leaks due to its well-known security and anonymity

You're right. All the reasons I give are just a part and it hits the psyche of the Bitcoin owner and they fear selling out in bulk. This is the direct cause of the decrease in Bitcoin prices

There will never be an electronic currency that can compete with bitcoin, no competition and with time to pass 5-20 years, bitcoin will remain the number one. However, I think Bitcoin's gap with altcoin will be shortened due to the technological superiority of the new coin.

The information above is only for individual inquiries and opinions. Of course it can not determine the full price of a BTC, ETF is also a part and more importantly the psychology of the seller and the buyer. One wrong thought of newbies is the price increases they buy and when they see prices drop they sell. And this reality is going on

  -BTC 5/8 price is trading at 7000 USD / BTC, down 6,9% , market capitalization is 127 billion USD and cash flow is over 17 billion dong according to Coinmarketcap. The BTC's non-braking slope also caused the entire altcoin to turn on red lights. Most notably, TRON's Justin Sun recently featured prominently including Tron's recent acquisition of BitTorrent and uTorrent, the launch of Tron Virtual Machine (TVM), and a secret project later announced as the Project Atlas) but still swept the wave of the market.
  -Five reasons are thought to be the biggest impact on BTC pricing:
       +HitBTC reported hardware failure: The recent tight control on the HitBTC trading floor caused the inhibition of the user community causing the BTC market to suffer a psychological blow after this incident.
       +Bitcoin ETF was denied the license by the SEC. This is considered a major factor causing Bitcoin to drop immediately and causing the market to fluctuate sharply in the past few weeks.
       +Korea taxed the digital exchanges. This news has caused a gloomy atmosphere for the whole market including BTC
       +The recent virtual trading on the BitForex trading floor, a deal on Coinmarketcap, has raised concerns about market manipulation, a loss of confidence in electronic money transactions.
       +Bitcoin's trading profile has changed, noting that the cash flow was flowing back from the altcoins into Bitcoin and Tether (USDT). Indexes for the movement of funds include Bitcoin dominance of market capitalization, up to 48%. In addition, the USDT transaction now accounts for more than 21% of the total volume of the electronic money market.

That is a good possibility. Bitcoin in a decentralized way isn't interesting for governments and their friendly businessmen, but Blockchain technology is. To become mainstream isn't an easy task, you need the cooperation of the media, big investors, corporations, governments, mafias... And Bitcoin doesn't have support from any of those factions.

If ever Bitcoin will be Alternative Currency in the near future everybody specially businesses must adopt it wisely. Particularly Banks, as a banker or a business person you must be on trend and capable to keep pace on the trends. Banks may be have plans on how they can survive if people will choose to invest on bitcoin than their own bank.

bitcoin won't die. now that we are in different level of digital age, we need crypto to simplify our lives. and remove the conventional use of banks or payment institutions. or at least, we can have other options now. other than relying on banks charging high transfer fees or maintenance fees.

It is unreasonable for me to see so many people who have just completed 10 merits or 100 merits to reach their desired rank. I suspect there is a trade here, a testimony that a few weeks ago in the forum someone asked to buy merit on the forum. I think bitcointalk is a place to share knowledge rather than a place to trade

I would like to suggest you the Eloncity project. It is a combination of blockchain technology and power supply systems to create a global clean energy solution. You can also know it as a continuation of previous successful projects such as CMT and ABT. I think Eloncity will be very potential

I think the community is very important because a large support community can not only help financially but also help marketing and promoting the coin. Speech is now stronger than any news. More people will actively talk about a project through a blog or any social media that will best promote a project. Strong communities are very important and have a role to play in the project

I do not think this will lead to the death of electronic money ... but it really worries. It is also quite reasonable because many governments are aware that bitcoin may be a threat to centralized control banks currently. There are, however, many countries that consider Bitcoin as a legitimate industry and business. Bitcoin will not die

The good aidrop I earn about $ 5-20, so this is really very relevant to the issues related to airdrops, one must be aware of such things before taking any airdrops. It is not big but if you do 30 projects it. It costs you more than 2 hours and gives you $ 150. Not a bad number

Bitcoin has really been the best choice for the citizen and it has been of great help to a lot of them. Goldman is right! Its nice to see something like an objective analysis. It contrasts with "bitcoin is a bubble" predictions doomsday. The goldfish can be invested in bitcoin and crypto and so they are taking a passive positive approach in trying to say good things about bitcoin.

I think BTC is a long term investment. It has great fluctuations and good year-by-year growth. However, if you want to invest in Bitcoin you need to have deep knowledge to avoid losing money unfortunately. Most altcoin are newer, higher potential and safer than Bitcoin

ETH will be very suitable as a long term coin investment. ETH is the most comprehensive coin ever. It has a huge profit like Bitcoin due to high volatility, high user trust for ETH. High transaction speed and relatively cheap fees are also an advantage of ETH.

I also noticed some unusual things in the market over the past few days. ETH decreased while Bitcoin increased by more than 10% in 2 days. This shows me that Bitcoin prices increase due to WC side effects