Bitcoins is created as a worldwide payment system, it is the first decentralized digital currency and it only exist electronically. Bitcoin system works without a central bank or in need of a middle - man. A network is peer to peer it goes directly from user to user. Bitcoins also created as a reward for a process known as mining. Where Bitcoin can be exchanged for other currencies, products, and services.

I can say that there should be no which is which if bitcoin is an asset or a currency. Bitcoin in terms of asset, first of all what is asset, asset is something that you owns, you're property and maybe not all of here has bitcoin but if you have one in your account it will be consider yours. Bitcoin as an currency, currency is a system of money in general use in a particular country. We all know Bitcoin is a digital currency that only exist electronically so bitcoin is a system of money that we can use for transaction electronically.

We talk about the ICO so let me share about what is a currency ICO. A currency ICO is when developers bring in a new currency system. The developers give out tokens which become new cryptocurrencies in exchange of the older more established coins such as Bitcoin and Ethereum. The reason why people are drawn to these ICOs are that of investment opportunities. One of the best examples of these kinds of ICOs is the Ethereum ICO.

We can't tell because as we all know the value of bitcoin is volatile it changes from time to time before I heard some news about people, restaurants and other companies accepting bitcoin as a payment but some of it stop accepting the bitcoin because of the price is not constant, but we can't tell because maybe someday there will be something that can make bitcoin the future of money.

Bitcoin was the first cryptocurrency invented back in the way 2009 bitcoin nobody this new technology but today, today cryptocurrencies have become a global phenomenon known to most people. While still somehow geeky and not understood by most people, banks, governments and many companies are aware of its importance.

I prefer trading or investing in a stock market or here in bitcoin rather than putting it in a bank because If you keep your money in your back pocket or in the bank instead of investing it, your money doesn't work for you and you will never have more money than what you save. By investing your money, you are getting your money to generate more money by earning interest on what you put away or by buying and selling assets that increase in value.

I agree in you in some parts where in "Not all good post will be credited by merits" yeah that's totally right and also because of the limited number of merits kinda feel like we will be stuck up in our rank for a very long time also because mostly not all here take some time to read and appreciate others post but what I love about this merit system is that it will surely give this forum a beautiful place to discuss by implementing a quality post not quantity. I suggest that they should increase the merit and also the idea to let the system and moderators to give credits to a post and merit is needed, especially because they are the one's who reviews our post.

I see your point as in why use bitcoin while bitcoin will only make things more complicated and hassle, so let's see why Bitcoin is. Bitcoin was originally created as an alternative, decentralized payment method. Unlike international bank transfers at the time, it was low-cost and almost instantaneous. An added benefit for merchants (less so for users) was that it was irreversible, removing the threat of expensive charge-backs.

No question. you should ask yourself why you did not want to invest in bitcoin because bitcoin right now is one of the best investment you can count in too. The sudden rise in price can be good for passive investor although there is some risk in Bitcoin but tell yourself if you're willing to take the risk.

Yes!
you can earn bitcoin by using facebook, youtube, twitter or any other once you join in a campaign. In a campaign where they will tell you to use your social to endorse their ICO or their product. This is used since social media is wide and has a lot of active audience and a reputation can be enhanced by good marketing.

Bitcoin can be define as both asset and currency there is no which is which. Bitcoin as an asset, asset means something that you owns or something that is your property and we all have bitcoin on our own. Bitcoin as a currency, currency in meaning is a system of money general use in a particular country. Bitcoin is a digital currency and it only exist electronically

Of course!
Social media can affect the influence of the masses of people because as we all know we are living in a world right now where a single individual in a society has a social media accounts and also many people spend so much time through the internet, also it is easy to spread the things in social media where it can be seen by a wide and all ages audience.

Bubble, where the bitcoin loses it's value. Bubble happens in a firm where the price goes high like a rocket punch then it goes up and up until it pops like an ideal bubble. where it has no value and it just there but can't use for transaction or trading at all, that is when the bitcoin dies.

Bitcoin price is high because of its demand and it's amount is limited, this is ideal to a market where when the price is high it has limited supplies and also bitcoin gains most demands in any other cryptocurrencies that's why its price is high.

The system and how it works, bitcoin is the first and consider the most important cryptocurrency having said that it just shows that Bitcoin is the best and the first and also how it become more popular nowadays and still bitcoin is still growing through adversity in 2017 many says that the bitcoin will bubble but still bitcoin managed to grow through it.

It is possible, because we all know that we are living in a world where a lot of technologies and in some ways the world are moving forward because of the new technologies. cryptocurrencies is an digital currency that only exist electronically.

I didn't believe in it the first time I heard it. I was like bitcoin is illegal, you can't earn in bitcoin, it just eat a lot of time. now my friends who started bitcoin back then already planning what to buy with their earnings and i'm still here wishing I should start earlier.

It is never too late to start at anything, I mean as long as we have time it is never too late. Trust in the bitcoin because it will continue to rise. we are living in the world where almost everything was made in technology and bitcoin is a digital currency that only exist electronically. believe in bitcoin.

Bitcoin,
the way I understood it as a newbie was bitcoin is a Crypto currency a digital currency that only exist electronically we can't touch it bitcoin is not attached to a state or any government it can be transfer from one person to another that's how bitcoin works. No one controls it.
Where asset is something valuable that an entity owns, where they benefit from, or has in use of generating income. so bitcoin is a currency and also an asset.

If, someone disagree to my opinion or think my opinion is wrong please kindly enlighten me, I'm still a newbie.

bitcoin can be another source of your income.
but why will you quit your job for you to have more time in bitcoin, for me I don't see it as a good thing because the price of bitcoins is very unstable I mean what if bitcoin goes down what are you going to do now?. it's better to have a passive income which is bitcoin and the active income which is your job.