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I think as many people and organizations as possible should start accepting bitcoins because it can really take their business to a new level. If I had my own business, I would definitely enter payment in cryptocurrency. It is very modern and promising.
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Now in the crypto-currency world there are a lot of people who trusted scammers, and because of this they could not achieve any success with bitcoin. And so these people joined the ranks of skeptics and do not consider bitcoin a serious technology, and talk about it to all people in a row. And thus such a flow of negative news about bitcoin is born.
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Storage security is perhaps the most important aspect of investing, especially if you are using a long-term strategy. Therefore, you need to protect your wallet as much as possible and never trust anyone with your passwords, then the probability that you will be hacked by hackers will decrease, although this is not 100%.
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In most cases, statements about the death of bitcoin are associated only with the fall of its price. But few people understand that the price level is not the main indicator of bitcoin's success. It is much more important how technology develops and how firmly it is strengthened in the world.
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Bitcoin does consume enough energy for its production, but it seems to me that in the context of total energy consumption worldwide it is just a drop in the ocean. So I don't think this is a serious problem that we have to deal with. In addition, bitcoin mining will not last forever due to its limited amount.
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But still gold is a more stable method of investment, because it has already passed the test of time for many centuries. Therefore, gold is more trustworthy than bitcoin. But this does not mean that it is better, it's just two completely different investments. And everyone has to choose what suits him more. For example, I prefer to invest only in cryptocurrency, because I see much more prospects in this.
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Of course your father should keep holding bitcoin. There's no reason to sell it now at such a low price, because such a drop is not the end of the technology. It still has a great prospect for growth and that is why I advise you to continue to keep your coins.
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Everyone is looking forward to when the SEC will make a positive decision about bitcoin. This is really very important for the whole cryptocurrency world. I think that one day we will be able to see a positive outcome of this event, despite all the doubts now.
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I like the earnings that bitcoin trading gives, but it's really a very risky business. I once tried to trade, but I'm not very good at it, so I adhere to the strategy of long-term investment. So much easier and more lucrative to make money with cryptocurrencies.
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The price development schedule always calms me down, it gives me hope. So I'm still investing - after all, the price is always rising, even in spite of falling. I think that most investors are guided by the same logic.
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This list is constantly being corrected, because the opinion of the government of different countries is constantly changing. But I hope that in the end the vast majority of countries will accept bitcoin and will use it for its intended purpose.
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But I don't think that's the main obstacle. In addition, bitcoin will not be volatile all the time. This is only a kind of side effect of its development.
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Since I am a Russian - speaking user, Telegram is the best platform for me. This is the most convenient and informative source of news about cryptocurrency for me. And it's used by all the investors I know.
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I think that the digital currency fits very well into our digital 21st century, so I hope that bitcoin will continue its active development and will be accepted by society.
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I think that most of the investments will soon be concentrated in the digital currency, because it makes it possible to earn not only more, but also a lot faster. Therefore, I have long transferred all my money from gold to bitcoin.
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Bitcoin is a unique and completely new phenomenon even for our digital 21st century. That's why so many people deny it, it's too innovative for us and maybe even ahead of its time.
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I really like the idea of cryptocurrency technology and I would love to use it. And this belief helps me not to lose hope and continue to hold bitcoins despite all the price fluctuations lately.
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I do not see any difficulties for those people who really want to buy bitcoin. In the Internet you can find out in detail all the necessary information. And here is about "dirty" money... I think it's just the influence of skeptics on bitcoin.
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