for me the answer is no, it will not end poverty. if everyone knows how to use and how to earn bitcoin maybe can help poverty but not totally end up. bitcoin is usefull for those people who can afford to pay bills for internet connection., people that has the knowledge of crypto the new technology can use it. not everyone knows about bitcoins specially those who live in remote areas.
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I don't think that bitcoin is just an asset because it is also a money for us because we can use it to pay the things that we buy or we use like in our place there is a mini restaurant that is already accepting bitcoin and other cryptocurrencies and that is an advantage for me because i can pay thru bitcoin and that is also a proof that bitcoin is not just an asset but also a money.
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The main reason of the rumors and false news is the half understanding of cryptos. I have seen journalists and writers giving bullshit reasons for why cryptocurrencies will fail without understanding the underlying technical or economical aspect. Since, the market is highly unregulated, the rumors are inevitable.
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There are many ways to promote bitcoin. Like Signature Campaign, Facebook Campaign, Twitter Campaign, Medium Campaign and Instagram Campaign. Social media was one of the most popular ways to promote bitcoin. Many investors really gets atttact of it and they want to invest.
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Yes, and I think with its price today it would be the best time to buy some bitcoins and hold it specially if you don't plan on a short term investment then investing to bitcoin and other cryptocurrencies will prove efficient to you. With the bitcoin's status it should still prove worthy of investing for a couple of more years.
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I invest in bitcoin because i see that bitcoin is a good investment, yes you can get profit easily when you know how to play with it.. And also i do believe in bitcoin thats why i keep investing on it.. No matter how big my loss ill still keep my btc till i get profit..
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The best time to sell your bitcoins is the time when you believe you have enough profit to draw and enjoy your profits, but I can suggest that the best time to sell is where people other are buying. Most people are selling because of low purchasing power and prices will not increase. For me, I will keep to accumulate enough profit to do some things that I have set it up to do.
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To tell you honestly nobody is too late for investing into Bitcoin because it can give you profit. If you ask me when is the best way to buy and invest to Bitcoin it would be now when the price is still low, it has a potential to grow because of the price drop. With this you have a successful investment and a growing investment into Bitcoin as well.
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I think many of people against bitcoin because some people didn't understand what bitcoin can really do to their lives.. that's why they all against BTC another reason is low of knowledge about the digital currency.. we need to proved to them that bitcoin is a great source of income for us..
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Well I think they are not negative about bitcoin, the thing is they are exaggerating the risks involved in using cryptocurrencies and not starting the good effects of it to the people. They are always warning the audiences with exaggerated reasons not to invest.
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Well, this is great but even if kfc is accepting bitcoin already but then again this one is not applicable in my country yet. This is very exciting to hear so many news that some other countries is accepting bitcoin for payment of bills, mcdonalds, paying for a hotel but this is far to happen in my country. Hopefully soon.
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Some people do not believe in bitcoin because they are not educated with bitcoin. They did not understand what bitcoin it is . They have different understanding on investing .They do not trust it. People don't get interested in bitcoin or any other crypto currency because they prepare currency that they can physically hold .They are not aware of this hence they don't believe. They are afraid of scammers.
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Based on what I see from the company of bitcoin they are both of this in the human’s life. They are currency which you can exchange for profit through the process of trading and asset which serve as a back-up plan in our future to become successful and become financially stable.
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because the people who use bitcoin for there transactions are anonymous.so lot of illegal things like weapon exchanges,funding for terrorism etc., doing using bitcoins.that is the major headache for the government.and the low against transactions,applying of tax also cant use against Bitcoins.
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Transaction speed is too slow and I had to wait for long time to purchase things.So transaction speed should be accelerate.Bitcoin has no physical form it's also a bad side of it.And since bitcoin is uncontrollable so illegal activities are always happening.For this bitcoin is not yet accepted to many country.
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I think both for me because buying bitcoin will be a simple thing and not a hassle. but, the benefits are in get, of course minning is always greater than buying. as people say, the bigger the profit, the bigger the stakes. if you're great in minning, I think that would be something nice.
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It depends on you. If you can afford to buy bitcoin now, then buy already. If you are still willing to wait for the bitcoin price to drop, then wait for a few more months. But before doing that, study first how bitcoin works. You must have enough skills and knowledge about bitcoin because there is a time that you will fail or lose.
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As far as we know last december was a huge downfall for bitcoin which made many people disappointed. But as we can see bitcoin now is trying to rise up again even if it's not as much as it used to be. In my own opinion about holding bitcoins or selling it, I prefer holding the bitcoin and wait for it to increase than selling it at a lower price.
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Crypto currency is a new technology that bring us an easy way to save and spend our money. Bitcoin is one of cryptocoin inside it. I don't say bitcoin is not good, but next in the future there will be a technology can replace bitcoin with blockchain development.
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I think to invest in bitcoin is never too late.Any time is a good time to invest in bitcoin if you have a long term goal. This long term goal is very important. Because short term profits seeker are mainly not investors, they are traders. So for investment bitcoin looks really good at this moment.
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