Yeah bitcoin is the most moving and restless coin that use to increase the price and decrease at the same time. This month price of bitcoin has fall almost 7k so it is hard to know what will happen to bitcoin in coming time, as much as I think about bitcoin it will become more than this and next time price of bitcoin will get high.
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That's an investment. which will certainly have a risk, because any profits will surely have the risk then we must be doing something right or minimize a risk. Because only then can we get the profits, if you do not want the advantage then you better do something without looking at a risk.
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It is obviously that bitcoin surpassed the western union already. In fact, if you are going to check the charge for every transaction bitcoin was very low cost of charge while in western is vice versa. when it comes for security, it is very safe and secured because we are the one who hold our own private key and the password and many more.
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when the price of bitcoin is going high, the amount of transaction fees in btc is just the same but the corresponding value of it is big when the price is high. Hence, nothing really change and all you have to do is to transact less as much as you can.
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We are now enjoying the latest trend in online transaction, it makes our life more easy because of bitcoin we can transfer our money easily. Of course, criminals maybe doing the same thing, even if they are criminals they are still human that can adopt the latest trend.
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No, if Bitcoin die all other crypto currency will not die. That's why they are called alternative currencies. They exist as another coins which is independent of bitcoin activities. Though bitcoin movement affect all other crypto currency but not necessary it can make it exit if it does.
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I keep my bitcoin in application called coins. ph. It will serve as my bank because if in case of emergency I have a way to get money with less hassle. This app is trusted because there's a lot of person that I know use it.
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Paper Wallet. A paper wallet is also a relatively safe way of storing Bitcoin, although it requires a bit more advanced understanding of how digital currencies work. Generate a paper wallet online using any number of dedicated websites, or generate the wallet offline for even greater security.
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I don't think bitcoin will be defeated or overcome by any other digital tokens that are available in the market. Bitcoin has got a better usability rather than the other assets that are given preference only for trading. Hope by the years to come things will change with the bitcoin and other altcoins, but bitcoin will stand high as the leader.
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I believe so, it not too late. Bitcoin is barely 10 years old, and in my opinion bitcoin and other cryptocurrency is here to stay. I mean the blockchain technology has so much applications. As long as there is blockchain and its application, cryptcurrency is alive.
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Bitcoin is not losing its popularity,what losing about bitcoin is its high value,However it is because its value is volatile so it rise and fall but Bitcoin will never lose its popularity because it is the first crypto and has a big value among others coins.
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Bitcoin and cash have their advantages and disadvantages. As an asset, bitcoin can be better than cash. But as a means of payment, bitcoin will not be able to beat cash.
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If btc has no buyer I,e peoples stop buy btc,as a result btc demand decrease, so that btc price reach to zero $.But I don't except this condition because nowadays btc is the heart of world economy.
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Of course support from the media would not hurt. But the main thing is not their support, but that they do not say that the crypto industry is bad. If the crypto community gets support from the media, it will greatly help in the development and popularization of the currency.
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Nothing to worry about bitcoin, because i see a big future to this currency. Bitcoin is already unstoppable in terms of price and demand. They got a growing community thats why the price is increasing rapidly.
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This may not happen now but there will be time in future that bitcoin will be used globally in exchange for goods and services. This is one of the reasons for developing cryptocurrencies. It is a matter of time. The revolution has begun and this will surely happen.
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I personally am not concerned with the future of the bitcoin, because in view of the positive, bitcoin had been delivering the best results for the users, with a look at the times are so fast and sophisticated, current users of bitcoin's getting many.
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Bitcoin has many uses but the most common uses of it is investing and also for payment of bills and etc. In today's generation bitcoin generates high value and it gives us money in an easier way. It helps us on our financial needs also it is gaining when were holding it.
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For now it is the Blockchain info am using but to be truthful it good to spread your Bitcoin in different wallet not putting all eggs in one basket,in case of accident you do not loose all your investment or your precious eggs.
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Bitcoin is better than cash because of the value of dynamic bitcoin, it certainly makes everyone interested in having bitcoin because it hopes that prices will continue to rise so they get a profit. besides transactions with bitcoin faster and safer than cash.
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