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101  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin too complicated for ordinary folks? on: March 12, 2018, 09:52:41 AM
I don't think so. To be honest I was just new to the bitcoin scene and industry and yet I am able to be as knowledgeable as some of the veteran investors out here. All it takes is that for you to be knowledgeable with the cryptocurrency technology and be able to understand the basics of the internet.
102  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: March 11, 2018, 11:41:48 PM
Although Price is the main thing people are enticed and attracted to bitcoin investing, I am pretty much knowledgeable to say that as soon as people are accustomd to the nature of bitcoin amd bitcoin investing, one can say that a raise can be expected whetger or not it is a dump or increase. if you would invest a huge amount or a huge amount of people invests on bitcoin a price increase can be expected.
103  Economy / Economics / Re: what is the future of virtual currency like bitcoin ? on: March 11, 2018, 11:38:29 PM
I believe there is a bright future ahead if the cryptocurrency industry. A lot of people might disagree with my opinion but I am very much aware the new technology brought to us by the cryptocurrency world holds a revolutionary chance to change and forever alter the nature of currency in this planet. A dream of a currency that does not fill your pocket yet you know its there is a prettymuch very sought out dream by many. So I do think bitcoin hilds potential
104  Bitcoin / Bitcoin Discussion / Re: Why bitcoin and other cryptocurrencies are banned? on: March 11, 2018, 11:35:18 PM
There are numerous reasons as to why bitcoin and most of the time a lof of cryptocurrencies are banned in some countries. One of which is the lack of viable and factual knowledge. Because everything is controlled by the media at this day and age, even heads-of-state could be manipulated by the mass media and therefore be made to turn their backs on bitcoin. Another is tge fear that bitcoin might destroy their economy.
105  Economy / Economics / Re: what benefits you've got from bitcoin in 2017 on: March 10, 2018, 10:18:04 PM
Bitcoin has been a good way for me to earn even though I'm still an underaged teenager which makes me ineligible to engage in an adult work environment. And being able to pay for myself, I had gained confidence and self-esteem knowing that bitcoin had helped me to be able to support myself financially. As of now I can even help my family with their expenses and bills.
106  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: March 10, 2018, 10:14:47 PM
If that was the case then this was good news. Bitcoin being a rampant and ubiquitous currency in the world means something. This is the first step to revolutionizing the world of currency by introducing a virtual currency. Major or not, the fact that bitcoin was used in these countries by a huge percentsge means that bitcoin is indeed well-known in the world.
107  Bitcoin / Bitcoin Discussion / Re: Ways to promote Bitcoin on: March 08, 2018, 11:13:28 PM
The conventional verbal persuasion, although a very old method, still proves to be effective. Anither way to promote the use of cryptocurrencies is by advertising it. As a matter of fact you can even advertise bitcoins and a number of altcoins while gaining profit! Those things can be earned on signature and bounty campaigns as well as social media advertising.
108  Economy / Economics / Re: Is bitcoin helpful to the economy? on: March 07, 2018, 11:32:20 PM
It is helpful to the economy of the world, not with any individual country. You see, bitcoin has a decentralization feature, meaning no country of government holds any right to control bitcoin. And yes it does help the economy by making the unemployed or even the ineligible to work productive. But it doesn't help the economy of the country, it helps the economy of the world.
109  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin on: March 07, 2018, 11:27:58 PM
I too thought of the same thing. As soon as bitcoin rises in power not even any currency could compare, banks and other establishments as well as institution would adapt to the current situation of the market and they will buy and support bitcoins as well. I have no doubt that as soon as the high volatility rate if bitcoin is banished, the bitcoin price would increase dramatically.
110  Bitcoin / Bitcoin Discussion / Re: Bitcoin Friendly countries on: March 07, 2018, 09:28:57 PM
There are a lof of countries whose regulations on bitcoin and other cryptocurrencies as well as their respective affiliated activities. Take for example,Japan. Japan is now one of the most bitcoin that has ever bought. And when yu ask them why, they would say that bitcoin is the future of currencies and they can't afford not getting their hands first to it.
111  Bitcoin / Bitcoin Discussion / Re: Hold out or sell Bitcoin? on: March 06, 2018, 08:43:45 PM
I prefer holding bitcoins than selling them. Why, you ask? Because of the following reasons:
Bitcoin holding, unlike selling, it does not endanger the price of bitcoin. On the other hand, selling bitcoin is profitable at first but in the long run, it is not the most advantageous thing to do. Many people are selling bitcoins, especially when the pricenwas dropping. Therefore depleting bitcoin's value even more.
112  Bitcoin / Bitcoin Discussion / Re: Is it good time to buy BTC? on: March 05, 2018, 09:51:35 PM
For me, it is always a good time to buy bitcoins for investment. Whether it is a price decrease or increase, buying bitcoins still gives you a chance to profit. When the price is increasing continuously abnd you buy, not only are you increasing your chances of profit, you are also helping bitcoin to increase its value even more. On the other hand, buying bitcoins when the price was down also proves to be effective as you are helping bitcoin to an increase in valur which in turn, once happened, would give you profits.
113  Bitcoin / Bitcoin Discussion / Re: Why are so many people against bitcoin? on: March 04, 2018, 11:03:05 PM
Many people are on the contrary to bitcoin's success mainly because they think all of this was a mere internet scam made up by a lot of people to scam a lot of people. In addition, a lot of this bitcoin haters because I can't classify them as critics, doesn't even knoe what bitcoin was and just thinks that bitcoin is like ATM but worse.
114  Bitcoin / Bitcoin Discussion / Re: Philippines is starting to accept bitcoin. on: March 01, 2018, 12:18:10 PM
This was true. Seminars are being held in our country to inform people, investor or not, as long as interested to the wonders of the cryptocurrency world most especially the bitcoin world. When talking about how bitcoin was in our country the truth is that the bitcoin investing is a thijg in our country even before the 2017 bitcoin price increase. So, yeah. That is it.
115  Bitcoin / Bitcoin Discussion / Re: For how long will bitcoin exist on: February 28, 2018, 10:52:25 PM
I believe that bitcoin would prosper and exist as long as cryptocurrency investment is still a thing with the masses. As becoming the mascot of the cryotocurrency world, cryptocurrency had depended on bitcoin's large popularity for survival. Without bitcoin, the cryptocurrency world would be a gray and dull place. Vice versa, bitcoin had depended on cryptocurrency invention for existing. Without anyone thinking about digital money bitcoin wouldn't be born.
116  Bitcoin / Bitcoin Discussion / Re: What will destroy the bitcoin? on: February 28, 2018, 01:42:09 PM
Well there are two potential reasons for the supposed bitcoin death. First is the death of internet and another is tge death of interests
The first one speaks for its name, when the internet finally dies then bitcoin dies with it too because bitcoin depended on the internet for it's.existence. So suppose the use of the internet is prohibited, bitcoin's existence would also fade with it as well.  Another is the death of peopls's interest. When people are either fed up or just completely lose interest in bitcoin and there are few to no more users of bitcoin, bitcoin is sure to die.
117  Bitcoin / Bitcoin Discussion / Re: Why does bitcoin have value? on: February 27, 2018, 09:35:25 PM
Well it's value is speculative. Meaning people just thought of its value and accepted it. People can't really decide on what value should tgey endow on bitcoin because it is digital and there is no cost from mining it. However it's a currency so it should have value. And this is the reason why bitcoin has a high volatility rate. The value can't be decided on since there are no physical representations and bitcoin's value is speculative.
118  Economy / Economics / Re: Bitcoin as national currency? on: February 26, 2018, 10:32:27 PM
Bitcoin could not become a cryptocurrency of any state. This is because its price is highly unstable making it harder for people to actually use it as a currency. Imagine this, you buy something from the grocery that it 0.0003 bitcoins a few minutes ago and then when you check the counter it become 0.0004 bitcoins. Do you think that kind of situation can be convenient and most of all beneficial to the uaer? I don't think so. So unless people finds out a way to banish the high volatility rate of bitcoin it's better for us to stick around with bitcoin being an asset for now.
119  Economy / Speculation / Re: Bitcoin:Hodl or sell on: February 26, 2018, 12:39:51 PM
Well for me it is better to hold your investment than sell it. The only thing you would do to bitcoin if you sell your investments is hindering bitcoin's chance to an increase. Bitcoin's value is very volatile and could change even with the slightest cash-out or cash-in. So for me it is both suitable to hold bitcoins than sell it. You would have a chance at a bigger increase, and you are not hurting bitcoin's value.
120  Bitcoin / Bitcoin Discussion / Re: I am new to Bitcoin, how can I get started? on: February 25, 2018, 11:55:32 AM
First of all welcome to the bitcoin industry! Anyways, the best and first thibg you should do once you get yourself your first bitcoin is thinling abd deciding on where you want to invest those bitcoins. There are a lot of choices to choose from. And you can pick whatever you want given that you have the proper equipment and most of all the proper knowledge.
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