The major concern of the government is not just the crime ratio but also the changes that it will bring in the financial institutions and hence in the policies when Bitcoin is recognized.

Since the financial institutions and the policies are made around the fiat system of money, the recognition of Bitcoin into such an economy might possibly lessen the power of monetary and fiscal policies tolls and hence inflation and unemployment would be hard to tackle then. There are so many reasons why some government does not accept Bitcoin.

That depends on the situation as if then, I can have a different choice when I’m in a different situation. If its to be at a time when the price of BTC is high then I will prefer than my Bitcoin continues to increase, cause more Bitcoin means more dollars.

But may reasoning what I just said now, I think what I just need is for my dollars to keep on increasing and not Bitcoin 😊 Bitcoin is not a real currency, sorry for saying tho’ lol.

Do you call this a high price? Well, I know that it is high-cost but I think this is the lowest for Bitcoin and the next move will be to go up, so instead of you investing money in cheap altcoins it will be better if you use that money to invest in cryptocurrency and wait for the price to go up again, which I believe is going to happen soon enough.

If you invest in cheap altcoins, when the price of BTC begins to rise those ones will definitely go down, so they are of no use. There are proper times when you can invest in those.

Exactly as more and more countries starts accepting Bitcoin, the demand for Bitcoin will rise high with the passage of time. Besides, it is also because Bitcoin has been chosen by the corporate sector for businesses dealing. So the more demand rise, the more will the worth of Bitcoin rise and it is possible for it to hit the $1trillion. Actually this has provided an easy way of earning money for people and that is the only reason it has caught people’s attention.

Well I don’t think they are thinking like this way. No, these politicians come into power just to fulfill their own desires and to fill out their empty pockets. They don’t really care about the benefits of their citizens. So, don’t just make this point. We believe that the system will become transparent once bitcoin would come into official world, so they can’t do corruption.

Yes the rise in the value of Bitcoin is much quicker than the growth of dollar. And the ratio at which the demand for Bitcoin is rising is much higher among the people than the ratio of demand for dollar. Besides, dollar needs to be converted to local currencies in countries where you cannot deal in dollars but if Bitcoin is open in the market, you need not to convert it to any other currency and can make instant transaction thus saving money that otherwise would have been charged if the transactions were made through a banks.

Of course it is not. The general perception of people is that if the market crashes, the technology is impotent but that is not how things and the crypto market works.

If you look at the history of Bitcoin, there has been a million times fluctuation and a rise and fall is now just a normal thing in the market. What maters is the business term plans and the investment in the coin that can give you double or may be more than what you invest.

I think every asset in the market has its own short comings and benefits but people just do not stop investing and earning from such assets. There is no disadvantage in Bitcoin as long as you know about the advantages and as long as you think like a true businessman.

Millions across the world have been investing in it and if there was a disadvantage, they would have refrained form investing in Bitcoin. One should be a bit rational and should think out of the box as well. 

We have seen many countries where Bitcoin has played an important role and is contributing to their economies on different angles. Now gradually other countries are also in consideration and negotiations with these countries to bring the proper system of cryptocurrencies especially for Bitcoin in their countries because they want to progress too with it just like other countries are progressing.

That is not always the case. One can earn and do business with the money of other people as well. If you look at the businesses built around Bitcoin like the BTM, you actually earn by the Bitcoin of other people when they make the transaction. They are actually charged a certain fee while marking the transaction.

Besides, there are some bounty campaigns and participating in such campaigns incur you money which could be invested in any business which does not go form your own savings. Alibaba enterprise also works on the same principal and does their business without holding any inventory.

People are in pending for what decision they should proceed due to another drop in the price of Bitcoin they are facing difficulties to buy it or not but let me tell you one thing as we know about the market price which is low these days so it is safe to buy if we hold after buying it.

If we proceed for selling it after a little increase in price then it is a bad decision because if we have the opportunity to get high profit then what is the need to sell for less profit.

Exactly. First Bitcoin needs to rise as high as $10k because right now, the market values is $8100 and the price is also a bit stable in the market. The more inflow of funds into the crypto market, the more rise in the values of Bitcoin.

Once we have a value more than $10k, Bitcoin will have jumps in it values like we had last year and as a result the price might reach to a value more than $20000 is something the experts predicts.

Even if it is swinging, it has tendency to approach the green market anytime because of the rising demand and the holding strategy by almost all the investors. This is actually the time when people start pouring in their money into the crypto and this pushes the market up.

The last month has added a total of more than $2000 to the value and the same will happen to continue this time as well. Having said that, I feel very optimistic about the profit it will give away towards the end of the year.

In my opinion, a current progress in the technology will definitely make it one of its kind in future an of course the technology has a great future and it is clearly visible from the fact that more and more countries have started accepting the technology and it is spreading.

And since it is generally accepted as a medium of exchange, in future when almost every country and every shop in the market will accept Bitcoin, it will become an international currency and it is said that it can pose a big threat to USD as well.

Irrespective of how much rumors about the technology and crypto prevails in the market, a determined man will learn about it and will invest in crypto. This is all about your mind set. And about trading, I would say that it is never perfect and not very easy as well but you can rely on your experience and keeping the current market condition, you can modify your trading strategies which keeps you safe in trading and can earn your pretty much when the price is appreciating.

Banks are not working independently like the way these crypto currencies are working as banking system comes under the governance of the government and that none of the bank can adopt any of the crypto currency till the time the government will not allow them to do so. Moreover, these crypto currencies might also affect the banking system as people will start trusting on crypto currencies more than banks.

When you keep something important and worthy in a lock, you need to lock it securely and you do every little step to make things safe and sound. This is same when you count them in bitcoin and wallet. Bitcoin is much expensive for you so you make a lock pair over your wallet. It is your responsibility now that this lock never fails or become vulnerable to any security flaw.

About Bitcoin, I would say that the price is getting stable more and more as it rises. This has also started attracting the eye of investors and significant funds have started flowing in to the market as a result of rise in demand. This is going to keep the price charts positive and this influences the altcoin as well.

There are possibilities that in August, altcoin will witness a considerable rise in the market values and this is backed by the already stable market values of altcoin. So I do not think that things are as red as you are displaying them. And the end of the year might be the best in the history of crypto. Have some optimism.

Well this is a fact that whenever the expected or future price of an asset is high, we invest in the asset for there is always a high margin of profit to earn in future. So yes it is the best time to invest in altcoin because of the low cost of investment and a high future price.

The investment is encouraged by the related factors like high liquidity and low risk. It is important for a currency to be generally accepted and Bitcoin has it all what an investor desires.

I agree with that. And I think it is good to see Bitcoin having a good rise in the values of Bitcoin right now and it all started in the start of July and so far, a total rise of more than $2000 is witnessed in the value so far.

And this value is on the rise further as well  because we have had so  many good experts speculating about the future price of Bitcoin are of the view that Bitcoin will cross a value more than $20000 till the end of December and the  speculation is backed by pure market data and the demand figures.