Bitcoin is important because it gives us options on paying or transacting other system in the easiest and convenient for us. It can also help other employed people to have another income sources which will help them for their future.
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It is never too late for a beginner like you. Bitcoin is open to all who wants to invest and make a profit. You make sure that you have a prior knowledge about bitcoin and educate yourself too to help you understand it.
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If ever the miners will stop mining, bitcoin will die. Miners confirm transactions by adding them to the block chain. Miners are one of the reason why the bitcoin is still alive. And if they stop, normal people will continue it like they will become the another miners to mine in bitcoin.
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I have heard a news about a friend that loses his bitcoin but I kept on thinking how is that possible because in order for you to hacked it is that you need to have or find a private key for that. It’s very difficult and time consuming to hack it. But for some that is very dedicated to hack it, maybe he can succeed. But I hope that will not happen to everyone.
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That’s really good news for everyone who live in the Philippines because we all know that Filipinos are also risk taker and some people there are now introduced and using bitcoin. It will really help them because they can now use it in different establishments in the Philippines that accepts bitcoin or transact to other market.
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Bitcoin can reach in the future if everyone in the world would allow it to become as one of their digital currency. The future of bitcoin is in our hands. It is a 50 50 situation but if we all helped together in order to remain bitcoin alive then we should learn the different aspects of it.
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Yes, it will change the world because we all used to pay using our paper money and transact with others. But in this world full of technology, digitals are everywhere for the convenient of everyone.
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I don’t think it will become a daily currency, to what is happening now I see bitcoin as a store of value. Yes, it is one of the source of income to everyone who used it but it takes time to make it as daily or something like paper money like in this world.
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We are the only one who can make bitcoin to reach in the future. Let’s say it reached to its destination, but it is sure that it will have competitors in the market. But if we will be loyal and we didn’t abandoned bitcoin, then it will become successful in the market in the future.
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I think bitcoin will only be destroyed if every country has already banned it because it will stop working due to no one is using it. But if we will strive hard to achieve the goal for making it alive until the future, everyone will benefit including other who will just start to use it.
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Yes, i like bitcoin and it can change the life of a person that can get a good benefit out of it. It gives a lot of opportunities in terms of finance that can help to people for their needs. The positive responds of bitcoin has a huge impact and considering an advantage for some of many.
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It will only stop if everyone is against to bitcoin. They will see it as a threat to the world. That all of the people have already eaten by anger to bitcoin. And no one in the world will invest and the rate will decrease.
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Some people want it because they can see their future with bitcoin where they are dedicated to use this for their investment in order for them to gain extra income in their lives. But we all know that its not just a win win situation, we should also know the negative side of this and be ready for this because life is just a wheel sometimes you’re up and sometimes you’re down.
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In my own opinion, yes it needs to be promoted because in order for others to know more about on something they need details or outcome about it. For them to understand and be encouraged to use it as part of their lifestyle. Social media now a days becomes useful to every information that are being posted their because everyone uses it and they rely on it. Bitcoin becomes helpful to others it gives success to others who are willing to focus on it. And if it reach to the near future everyone is able to use it as their part of income.
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They will wait for the perfect time to sell their bitcoin. Holding means you seek more profit than you hold. It takes a lot of patience here since it is a more profitable way of earning and mostly for the future. But it is not mean that the price will go high, definitely, it will go down. You will think twice because of the panic selling but the wisest will win. Wise decision can take a big advantage here.
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@Sylon, Why I did not receive my stakes this week since I completed my post?
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Yes, anything related to it or in money is used by criminals and illegal things too. It depends on people on how they will use it. Bitcoin is exclusive for and can be used anything and anywhere. Definitely, it can be used on bad things too.
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Hopefully it will happen again. Bitcoin will not any longer in a dip once it breaks the walls that preventing it to climb up again. For sure we will be happy for the result, we'll just wait and see what's coming. It is possible that it will go rise up again.
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Basically, no one can tell about that but one thing is for sure bitcoin is regaining again and we can expect a higher value on it. Wait till the time comes and it is possible to hit a 20k mark or over than that.
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We can't predict where it will the end of its peak. Bitcoin is still breaking the walls to exceed more than 20k, we still have no idea when it will happen but one thing for sure, we will happy if that happens.
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