Having a lot of money is not a crime. It all depends on how they are earned and for what purpose they are directed.A person who does not have a gun can be a criminal and without it, For example, be a drug dealer or a thief. In some cases, bitcoin can be an instrument in the hands of criminals. But I believe that bitcoin should carry a peaceful mission. And most people have good intentions.

Bitcoin can't be worth $ 1,000. Because its cost is much higher. It is about 3000. Nobody will want to bear losses.If the price fluctuates, it will lead to an increase in the price.

Your loss is a small amount. There are people who have lost a lot more. But you shouldn't panic. If you have time to wait until the price goes up then you do not need to sell.Be patient and just wait.

The development of Internet technologies is an undeniable fact. Mining is an integral part of cryptocurrency development.Extraction of virtual money is also an undeniable fact.To prohibit mining is at least stupid.I agree that mining has a high load on the grid and requires a cooling system. But if a person pays for electricity in good faith, no one can forbid him to work with the equipment.Anyone can engage in the extraction of cryptocurrencies. Home mining cryptocurrencies other than bitcoin is quite affordable.Allow resources and technology.There is no official ban yet.

No smart person will keep a secret key on the phone. If the phone is lost then the bitcoin wallet and you can forget additionally there is a probability that the one who has found this phone can easily take advantage of this code.If he of course knows about this.My advice is never to keep secret information on your phone

The price of bitcoin will be low as long as on some exchanges there is a mass sale of a large number of bitcoins. 10 years ago no one could imagine what bitcoin will be worth $ 8,000.Now exchange rate fluctuations was insignificant. And they are inevitable. This will further lead to the growth of bitcoin. This should happen gradually and not in a short time..

Many smart people do the opposite. They invest in bitcoin to buy a house. And you're going to sell it. I don't think it's wise, Especially if this is your only home.You should think about where you live until you get rich. You'll probably have to rent a place.And this will require a certain amount of money.I'm not even talking about other expenses Food clothing etc. no One can guarantee that in a few years, you can buy a cheaper house and still have money left over.

Banks have a negative attitude towards cryptocurrencies. They see it as their competitor. Banks have always acted in the role of a mediator. And with the spread of cryptocurrencies, they will lose this ability. And over time, they may disappear out of need for Fear for their reputation, they try to convince their customers that bitcoin is bad. Engaged in sending letters of questionable content, they are trying to attract more customers and keep their positions as a leader. I believe that you do not need to believe the dubious propaganda.

Yes, sometimes bitcoin can be a tool in the hands of criminals.They make extensive use of it in their illegal activities. It is terrorism , the services of prostitutes and contract killers,drug trafficking and corruption.It is known that for example, Ukraine became the first state in the world where voters were paid bribes in bitcoins that they would vote for the "right" candidate. But I still believe that most people use bitcoin for peaceful purposes..

People treat bitcoin differently.Some are supporters of cryptocurrencies others are categorically against. And still others take a neutral stance.Everyone has the right to have an opinion.But if you really assess the situation, we will see that bitcoin can not be called a full-fledged currency that we used to use every day.Bitcoin does not have a permanent exchange rate. Therefore, it cannot be a means of preserving capital. It is not a means of exchange and is not a monetary unit.Bitcoin does not meet all these criteria, but only some of them.This does not mean that bitcoin has no future. On the contrary, it becomes the most popular asset class. And in the future it will be widely distributed.

I have a lot of homeless people in my country. They all live somewhere in the heat or at stations. Sometimes hide in entrances. They don't even have money for food. They collect glass containers waste paper. Go to the trash in search of food. Sometimes engage in theft. I'm sure people with this way of life haven't even heard of bitcoin.Most of them do not even have documents. Get his on their own bums will not be able. Even if someone will give him a bitcoin he will be able to do with it?

Bitcoin has already changed our world. However, like the whole Internet. First of all, using crypto currency gives us financial independence. Allows you to make transactions quickly anonymously and with a minimum commission. Bitcoin is a profitable investment. Now bitkoyn is still very young and is at the initial stage of its development. There are still very few people who have information about it. In the future, bitcoin has a great potential and will be increasingly distributed.

It is believed that the creator bitkoyna was a certain Satoshi Nikamoto. He created a completely new and independent system of digital currency. It is based only on mathematical calculations. But it is impossible to create such a system for one person. For this you need to be either an absinthe genius or a madman. Probably it was not one person but a group of people. The future fate of this Satoshi Nikamoto is not known to anyone. Was he at all?

The price of bitcoin is influenced not by demand and supply. Influence on the course was the launch of futures. Large players fill the network with new money thereby manipulating the market. Bitcoin futures became available. And in advance buying futures you can generate a lot of transactions for the purchase and sale of bitcoin. There is a fluctuation in the prices that will be beneficial for your futures

Crypto currency can not completely replace the fiat money. Bitcoin is not a full currency. It is not backed up or protected. It does not have a fixed value. Crypto currency today only exists to maintain the fiat money. Today, not all shops and banks accept crypto currencies. In the future, electronic money will become more widespread. They will exist in parallel with Fiat.

There is an opinion that the bitcoins of the transaction have complete anonymity. But this is not so. There are several ways to reveal anonymity. But if legal transactions are committed and the person faithfully pays taxes, he has nothing to fear. If an illegal transaction is committed or income is hidden, then should you think whether this risk is justified?

My main advice is not to panic and think about the situation calmly. To think about what mistakes were made. In the future not to repeat such errors and act prudently. No need to invest all your savings in bitcoin. This part of the investment should be no more than 30 percent of your capital.

It is difficult to compare Ethereum and bitcoin. They are in different systems. And they were never direct competitors.Bitcoin is a payment system and Ethereum is used in the implementation of smart contracts.Bitcoin is not subject to inflation because it has a strict limit. Ethereum is produced 18 million coins per year.Therefore, in this case we are talking about inflation.The price of Ethereum will fall and bitcoin on the contrary will go up.In the long term, ether has every chance of realization.

Yes, demand plays a significant role in the price of bitcoin. But there are other factors affecting its rate, For example, the launch of futures for bitcoin.The prospect of such opportunities will give large investors to "warm up" the market and enrich when the bitcoin rate goes down.When making very large transactions bitcoin rate increases.

I am not sure that advertising on television will bring a positive result. After all, not all people believe advertising. If you see advertising of any medicinal product .This does not mean that you need to quickly run to the pharmacy and buy it. In most cases, it will be ineffective or may even cause harm.Everything is learned by experience or by the example of friends. When the result is visible. I do not like very angry if GOOGLE banned advertising. This means that all the necessary information people can get on bitcoin forums.This will attract more and more people to the forums .And they can get the most accurate information.