Retailers mainly expect two things for accepting bitcoin widely as payment.They mostly expect it to be legalized so that they could accept it with confidence.Secondly,volatility of bitcoin price is a big issue for them.But we saw in japan after legalization,most of retailers readily accepted bitcoin and now around 250,000 retailers are accepting bitcoin payment.They have not even considered about volatility.So its clear that if bitcoin gets legalized in all countries,it would be accepted by retailers all over the world.

There was a time earlier when China dominated the whole bitcoin world.Bitcoin investors used to keenly watch the situations in china related to bitcoin to either invest or sell bitcoins.That was a huge dominance.Using that situation,chinese exchanges created fake trade orders and manipulated bitcoin price.Even chinese investors dumped their bitcoins at once and made bitcoin price to fall down and they just once again bought those bitcoins at a much cheaper price.Huge manipulation of price.Bitcoin mining farms located in large numbers in china was also a reason for this upper hand.But,now after legalization of bitcoin in japan and most countries soon to legalize bitcoin and mass adoption of bitcoin all over the world and bitcoin getting investors all over the world,situation has almost changed upside down.Now,china is no more in a stage to manipulate bitcoin price.But altcoins have very small market cap when compared to bitcoin and even one or two big whales could manipulate price of altcoins and china is not need for it.

It has occurred as a result of china banning ICOs.As a result of it,chinese started to sell their crypto holdings which created a huge price fall in bitcoin from ATH price of $5000 to nearly 20%low resulting in $4000.But since there is still a huge buy wall,bitcoin price is recovering and its price is now $4161.As the result of china banning ICOs,altcoins price also started to decrease.Also,the FUD added fuel to the fire.But as far as bitcoin is concerned,it is not totally dependent on china's decisions any more.It has investors world wide.But for other crypto currencies,we would have to just wait and see the situation.

Bitcoin is free for every one to use.There is no limitations or restrictions that only educated people should use bitcoin.But what makes the difference is that most of uneducated people don't have knowledge about digital transactions and they don't even have a debit or credit card.Since bitcoin is a digital currency,this concept would be difficult for them to understand and use practically.But since even most of them use smart phone nowadays,they too could learn how to use it and start using  bitcoins.

If the price of an altcoin which you have bought falls down,then you could sell it immediately and rebuy it when feel that it has reached its bottom price.Set a profit limit of 5% 0r 10% and as sson as you reach your target pice,then you could sell it and finish the trade.To mavoid such complications,what you have to do is to mdo your personal investigation about coins to find the most under valued coin by eading their ANN thread,seeing its market cap,finding which big people have invested in it and seeing what is their vision.By doing so,you could invest in the most under valued coin and even if it falls in price,you could just stay cool since you know very well its potential and that its price would soon rise.

During my early days of trading,i have taken many worst decisions.As a newbie,i had no clear knowledge about altcoins.Whenever i see some coins price rising high,immediately i used to buy without knowing that it is being dumped.I would not fix any profit margin and would blindly follow the price increase thinking that sky is the limit for my profits.Suddendly when it breaches the final point of pumping,it gets immediately dumped and i used to get shocked on seeing this.I used to try to place a sell order just below the price of that coin,but no use it will fall very quickly.Finally,i would end up the trade by selling that coin at a very low price than what i bought.I have lost a lot by this way.

Professional traders don't get panic at any time.They do just two or three trades a month and earn more profits than newbies who do atleast thirty trades within a month.They follow each and every movement of the market and judge correctly when the price would rise and fall and decide according to it.They don't even pay attention to FUD and don't follow the market blindly.They do their own analysis.You could even follow the rule given by warren buffet,"Buy when every one is selling in panic and sell when every one is buying".

If bitcoin dies,then the altcoins which are valued in bitcoin value would suffer a serious threat.Their valuing has to be changed to be valued in USD.If  bitcoin dies,people would start switching to other popular altcoins.But definitely,the reputation of crypto currencies would get damaged as a whole and people would definitely fear that if bitcoin itself could die,then altcoins could also die.It would definitely decrease the interest of people to invest in crypto currencies which would surely make banks and governments happy who are waiting for this opportunity.

It would definitely be a shocking news for bitcoin users if bitcoin gets banned in their country.We,in india faced the same situation some months ago when indian government discussed about announcing bitcoin as illegal.The reason was that police caught five youths in the capital city using drugs and unfortunately,they were found to have bought those drugs with  bitcoins.Also,a member of indian parliament without having even basic knowledge about bitcoin termed bitcoin as a ponzi scheme and requested it to be banned.But,fortunately,indian government took a U-turn decision and has formed a committee to legalize bitcoin within six months.So,we indians are lucky enough for not facing such an issue.

That's really a great news and a relief for bitcoin community which is suffering these much days from the chinese miners.So,we could soon expect dominance of Bitmain and other chinese miners getting reduced and decentralization once again becoming possible in bitcoin mining industry.Those unloyal mining pools and chinese miners must be taught a lesson.They don't wish for progress of bitcoin.They need quick profits by any means even by destroying the reputation of bitcoin by hard forking.They should be kicked off from the mining industry forever.By this way,the transaction fee would get much reduced and chances of new hard forks would get reduced in future helping for the progress of bitcoin.So,its time to say Good Bye to chinese mining pools and chinese miners.

Warren buffet is a successful investor in stock market and he is one of the richest people in the world.But we could see that through out his trading history,he has stayed away from investing in new technologies and he is satisfied by investing in traditional businesses.Bitcoin,being a new technology,he has no clear understanding about it and so he wishes to stay away from it and also advises investors to stay away from it.So,we should not take his words as a golden rule.Investing in bitcoin depends upon how far we have understood about its remarkable technology and its potential.Any person who knows potential of bitcoin would not like to stay away from investing in it.So,just follow your inner voice which always "Bitcoin,the ultimate way for financial freedom".

Once again,mr.kwukduck comes with a negative news against bitcoin.I don't understand what enmity he has with bitcoin.Every time,he explains the situation in a very different angle,probably the wrong angle.The happenings are just due to ICOs getting banned by PBOC and it was a temporary situation.Soon,bitcoin has recovered from downfall and its now almost $4655.just wait until november when segwit 2x will be activated and even those miners who support BCH too support segwit 2x.So,for sure BCH is going to die after that time.Bitcoin only would exist unbeatable.

Let's think positive.Its a good chance for guys who are waiting to buy bitcoin at cheaper price.No need to worry more.The huge price dip was due to china's PBOC bannig all ICOs and asking the companies to refund all the funds they have raised to investors back.But its price soon recovered to reach $4655 since there was a huge buy wall resisting the price from falling more.That once again shows clearly that bitcoin is no more dependent on china for its progress.It has once again increased confidence among bitcoin investors and for sure,it would increase the demand for more bitcoins which would in turn increase its price more.

Its true that bitcoin is becoming a global currency and it is no more solely dependent on countries like chins for progress or trade volumes or price increase.Bitcoin has now user base all over the world.We could find some people in most under developed countries of africa having knowledge about  bitcoin and using it.It could be easily used now in japan,south korea,soon in india,australia,philippines,vietnam.Bitcoin already has more investors in europe.We could see that bitcoin price recovers quickly after a price fall.it shows that there is a huge buy wall for bitcoins which prevents its price from falling and even increases it.The only currency which could challenge USD as global reserve currency in future is Bitcoin.

Well,that's a great initiative against US dominance.Ever since 1973,when OPEC countries decided to sell crude oil only for USD has made USD to enjoy the position as a global reserve currency.China and russia has been searching from earlier to create an alternative for trading oil instead of USD.Iran already offered to some countries that it is ready to sell crude oil in local currencies of some countries like india instead of USD.Now,china has gone a step ahead by buying crude oil in RMB Yuan and then those countries could convert RMB Yuan in to gold in hong kong and shangai exchanges.This would definitely decrease the dominance of US in world matters since its USD would start losing its importance.

Pump and dump is a common technique used in altcoin market to make huge profits.Usually,the newly released coins are pumped and suddenly dumped.Usually,newbies become victim of such activities and buy due to FOMO and sell their coins in panic of loss and finally end the trade with a huge loss.Usually big whales make huge profits by using this strategy and their target is mostly the weaker hands,the newbies.To make good profits when a coin is pumped and dumped,we should know clearly about when to enter and exit the market.

Governments have already understood the potential of blockchain technology and have started to implement it in most of government sectors like health industry,etc.They welcome block chain technology and not bitcoins,which work in blockchain technology.Some countries have come to the extent of regulating bitcoin and allowing bitcoin for remittance just like in philippines.Some countries have taken a step ahead by legalizing bitcoin like japan.Governments have realized that implementing blockchain technology would make he work easier,lessen the time spent for various operations,lessen the paper works and information would be most secure.

Yes,Mt.Gox collapse is a big eye opener to all those who hold bitcoins in the exchanges.Otherwise,we should be ready to loose our bitcoins.I too used to keep a little amount of bitcoins in exchange when here was a huge transaction fee and transaction time was longer.But it is not advisable.So,its always better to keep our bitcoins in a desk top wallet say Electrum.But care should be taken to download that wallet from the official website only.Otherwise,we would have to loose our bitcoins just as a person lost his 40 BTC by downloading wallet from Electron cash.com instead of official wallet Electrum.org.

Whatever special features the coins created by banks have,still they are centralized and i don't think that people would once again wish to get caught in the hands of banks and governments.Another thing is that those coins will not be volatile in nature due to control by authorities unlike bitcoin.But bitcoin is loved by traders and some people for its volatility to make huge profits.More over,those coins would not be universally accepted and they may get a few attention from people who don't even know about bitcoin.So.those coins would not be able to challenge bitcoin.

Bitcoin is a totally decentralized coin unlike other altcoins.It is the pioneer in providing a platform for people to do money transactions without banks interference.It has faced large transactions volume successfully unlike altcoins which have faced only smaller number of transactions.It has succeeded despite efforts taken  by banks and governments actions to destroy it.It has gained trust of people all over the world which is very difficult to achieve for other coins.Bitcoin transactions are registered in a public ledger unlike other altcoins.Bitcoin is being legalized in japan and soon to be legalized in India,south korea,Vietnam and Australia which other altcoins could not even think about even in dream.