Lol if you look at the trading platform, buying bitcoin is very active.  This only means that it is still possible to buy bitcoin, probably not a whole but a part of bitcoin is still bitcoin.  And it is still not late.  Bitcoin is still at the early stage of adoption.  Merchants have not yet fully settled on accepting bitcoin as their payment, just you wait until this merchants have come to the scene and tell yourself if its still late to buy bitcoin today or not.

I agree, even in Philippines scammer are shifting from forex to cryptocurrency trading disguise.  Scammers are everywhere, its that some place were too much exploited because of lack of knowledge but if you look at the profile of these scammers, they came from different country and mostly from developed country since they know the weak spot of these poor people.

It won't happen.  One of the biggest obstacle would be Bitcoin being decentralized.  If you check the current news about countries and Bitcoin, most country that recognized Bitcoin as currency or mode of payment already run into trouble of regulating it.  They (government) need to centralized the authority or else things will get out of the governments hand and that is what the government does not want to happen.  I believe the technology will be adopted but bitcoin will always be use as an alternative.

I think this is due to the supply and demand.  Since lots of us are hoarding Bitcoin, the supply just gotten thinner and the people who are wanting to buy Bitcoin is getting bigger in number.  This is the reason why bitcoin price is expensive.  The law of supply and demand commands the Bitcoin price.

Definitely Bitcoin still can go up.  Market is still young and if you look at the area Bitcoin saturated, it is quite small compare to other big company.  So I believe Bitcoin will still go up and can even multiply in price and area saturation level.  We just need to wait and see how it happen.

It might go down in some place but worldwide probably not, though remember, once there is an internet shutdown  a lost always occur.  Anyway, I also agree that Cash will be extinct in the future, digital currency will be the one used worldwide just like how cash make barter obsolete the same way digital currency will make cash obsolete.

I think the hype of the fork is coming into effect.  The news about Bitcoin Gold and the value or profit that a bitcoin holder can take once fork is done.  Probably greed is driving Bitcoin market upward since more bitcoin means more coins on the forked chain which means a profit for them.

It is made as a currency and a good store of value that made it an asset.  I think Bitcoin will always be this two, currency and asset since it gives holders profit and way to pay services and goods. 


Bitcoin is both an asset and a currency depends on the definition of both terms, bitcoin meets them both.

I do not think so, remember the only permanent in this world is change, definitely Bitcoin will be number one for a very long time but I am sure one day, some alternate coin will overtake it and will become the main cryptocurrency.  When and where is still yet to know, we might witness this thing to happen or we may not but it will eventually happen.

It actually proven and known that social media network is powerful.  It can reach out the entire globe in a matter of minute that is why most company are tapping Social Media to endorse or promote their products.  And I think bitcoin is actually making the best out of social media marketing.

I agree and if we want to earn more we can add more years to the waiting time.  I think 10 years is a good length of time to wait and eventually sell bitcoin at higher price.  Probably it will be 10x or more of the capital when we bought Bitcoin.  Though I do not believe that Bitcoin will reach 1 million dollar, I believe that it can reach 50k dollar a piece in due time.

People are against it because they really do not know what Bitcoin is.  Aside from that most of these people are just pretending to be knowledgeable which in fact they do not know anything at all.  It is sad to think that those who really do not know what Bitcoin is , are the one who actually too vocal about hating it.  Funny isn't it?

I do not think that cryptocurrency is making people millionaire all over the world.  Remember  there is only a change of hand in terms of currency, so when someone get richer, another one get poorer.  That is the truth.  Cryptocurrency might make you a millionaire but there is someone who will become poorer, it is always balance.

The mind set of being rich quickly if they buy Bitcoin.  The statement of people that Bitcoin will be $100k to $1million in 5 to 10 years made an impact to make people think that Bitcoin is the easiest way to get rich, just buy, hold and then sell when price hit the $100k mark.  There is also an active marketing program in Asia and that too helped so much.

Read read read and read.  You must keep yourself well informed, research and don't get too excited.  Try to look at both end, and weigh them.  Aside from that, you should learn the basic of trading and start with little capital.  Do not listen to any FUD without doing your own research.  Buy when everyone is panic selling and sell when everyone is FOMO-ing.

Freedom? Just like anonymous, Bitcoin cannot be adopted worldwide without government regulation.  Remember no matter how decentralized the cryptocurrency is when the government requires them to be regulated, they will be regulated.  Bitcoin maybe independent but once it enters certain jurisdiction, it must comply to the government policy in order for it to be used there freely.  Freedom in Bitcoin is just like its anonymity, it is partial and must meet government rules and restriction, maybe adaptive but not really a full freedom because there is an authority above it to either restrict it or allow it.

I also think Bitcoin will reach $5000 before november.  Look at the current price, it goes up really quick from last week.  Just some more push then Bitcoin will be in $5000.  I think this is due to the upcoming fork and some huge company adoption.  People will buy Bitcoin because they are thinking stuff that happen last August where those who hold more Bitcoin got more coin on the minor chain.  If that happen, they will have an additional profit aside from the Bitcoin chain itself.

If you managed to buy at $4000 then you are quite in a profit now.  Current price is almost $5000 and I think it will increase in the coming day as the fork is getting nearer.   Speculative investors are thinking of getting profit from the minor chain coins when it hits the market so I think it is still good to buy at this current price.

Honestly no one know what price would it be but just speculate.  If you are in for a short term then better watch the market, I would suggest to hodl Bitcoin for another 5 years to see how much your investment grow.  The current price is driven by the upcoming fork.  People are buying to get extra bonus from the coin in the minor chain once i t hits the market.

Currently Bitcoin is running bullish, we have seen an increase in its price today.  I hope this is not a bulltrap where bulls are slaughtered at the end of the road.  It is obvious that people are rushing to have Bitcoin before the fork for the possible extra income brought by the coin in the minor chain once fork happened.