The only reason why people are not switching to bitcoin or investors putting their money on it is that bitcoin is unstable it can drop down at any minute and it can go up so high and that is why bitcoin is still not being used by many and that is why it is still growing in price , so in the future if bitcoin becomes stable it will be more popular and this only means that its price is gonna go down

With the bitcoin growing more and more and the number of people using it getting bigger and bigger, the price is constantly going up and that is mainly due to the reason that bitcoin is becoming more and more harder to mine and i think in the future we will reach a point where there is no machine will be able to mine it and then the price will stabilize but by that time who knows what technology will the time brings us that  might make mining bitcoin is easier than it is today.

That is a lot of money that you are putting it in , my advice if you are new to the bitcoin and want to invest in it , try investing a small amount first and try to see how things go for you if you like it or not ? , if it is something that is worth it ? , a lot of people just sees something that is as rewarding as bitcoin and they straight put their money into it without even knowing what it is and what are the risks or the problems that might face them.

If governments decide one day to ban bitcoin then  they would better have a way or another electronic currency that would be used , people are more and more starting to switch to a life where everything is being used by internet and they want to do the least amount of actions to get what they need and paying is one of them so if you tell them that you can pay your bill with only one click they would start doing so , right now bitcoin did not have the best promotion or advertisement that it need it so there are few who use it and few companys that accept it as a payment, so when the time is right all the world would switch to bitcoin.

If you are trying to hold the funds i would suggest that you keep them as bitcoin that way they will grow even more until you need to use them , switching to gold will make them will add to their value but slowly , and switching them to USD is just a waste since you are not planing on using them, they are just better off in bitcoin as they are.

As for the money i always keep some hidden in my house in case of emergency but thankfully i never need it to use it since my job pays me more than enough for the every day needs , as for the bitcoin i don't use it as an income it is more of hobby and an extra money to afford extra things i would like to buy.

The countrys in south america are still not yet ready to switch to cryptocurencys in fact many countrys are afraid of bitcoin and they making it an illegal thing because in most of these countrys there is a high activity of drugs and weapons trade because many dealers uses bitcoin as a payment method to provide his services without being traced down because using bitcoin hides your identity

I think everyone who is interested in buying bitcoin is waiting for it to drop down to 100$ , but i don't see that happening any time soon because the number of people using it is growing and there are ones who own it are holding it back so there is always a constant demand on it , but there are also ones who go around trying to talk bad about bitcoin and try to make people think that bitcoin is dying and they should start to sell it.

I defiantly think that you should invest time and money in Bitcoin , for any one who ever known about bitcoin or seen how much it growed and progressed over the past few years would with no chance believe in it , i have knew about bitcoin a long time ago but i didn't waste the time trying to earn some or invest my money in it until recently when i came across its price in an investment website , which made me realize how stupid i was for not taking my time to invest in it.

Bitcoin might reach very high prices but 50K buddy you must be dreaming , we have seen bitcoin rising to the price of 800$ in 6 years and with it being harder to mine and being used by more and more people around the world makes it go up in price more and more until eventually no machine can be used to mine bitcoin and then it will very rare for someone to have it and its price will go up even more.

I really heat any kind of bank whether it was PayPal or any other virtual bank , they are so easy to hack so there is no safety using it , i got my PayPal hacked a while ago and i tried to contact their service and they didn't even respond , luckly for me i didn't have a lot on that account because i exchanged all my funds into bitcoin.

For me it is really hard to spend bitcoin because in my country there is no places to do so in fact i don't people even know what bitcoin is , most of the time i just exchange my bitcoin to fiat which makes them lost , and then i buy like i normally would from shopping websites with my credit card, i wish they could solve this problem and start accepting bitcoin in any place.

I don't think they will ban bitcoin even if they want to ban it they can't because a lot of people use bitcoin already and the bitcoin is scattered around the world so they can not prevent everyone from using it , that is why in some countries they are either embracing the fact that bitcoin is good and easy to use and popular , and other are encouraging people to use thing similar to bitcoin.

My attraction to bitcoin is how i don't have to put my money in banks that will take from it every time i have to buy something of the internet , banks also are not secured which makes your money your personal data vaurnable for any attack unlike bitcoin that takes security to the next level, i love bitcoin because it just gives us freedom.

I actually knew about bitcoin a long time ago and tried to earn some but back then there was not much to help me do so , so i forgot about it and then when i was watching MR Robot they mentioned something about bitcoin and that refreshed my memory so i searched back on the internet and found out that bitcoin has relay grown since the time i left it, and they also mentioned something about bitcoin being used in the black market which is correct.

Other cryptocurrency are just a way to get bitcoin , because bitcoin became hard to mine and expensive to buy people thought that mining other coins like doge coin and altcoin will be more efficient than just wasting time trying to get bitcoin , the there is a possibility that bitcoin will be replaced by another cryptocurrency but that will not be the case for a long time.

Dollar has been the international currency for too long and that is mainly for the us to on the top of the economy of the word , so if the dollar collapsed the >Euro might take its pace since it is the second currency on the market , i don't see governments using bitcoin as an international currency because that does not serve the benefits of some countrys and because if they use bitcoin china will become the leader of the economy.

if you want to hold for a long period then i would recommend the gold because gold has been and will always stay on the market as long as man kind ever live because there is a constant demand on it , as for the short term bitcoin is the best because bitcoin keeps growing in price however with the increase of people using it it became harder to get and harder to mine which means that the quantity of bitcoin is decreasing so as long as their is bitcoin i will chose bitcoin over gold.

I was hoping that bitcoin will reach 1000$ by Christmas this year but i guess my hopes were too high, the price usually gets high before Christmas because everyone who saves their bitcoin all year long just to spend them on sales in November so we have a price peak around this time.

People who say that bitcoin is dead are only the ones that don't understand it and can't afford it , bitcoin's price keeps changing everyday and once they see the price going down a little they just say that because they want the people who have bitcoin to sell it so they can buy it for a cheap price. and some people actually do belive them and they panic and start selling, so do not believe them and always trust bitcoin because it will always be there.