Somehow, yes. Bitcoin is becoming a business now because people invest their money for profits income. Another kind of business where people can do trading, mining, etc...

Bitcoin cannot be a global currency. Government of each country will not allow that to happen, although many people already using bitcoin in some transactions like payment system. Still it is not possible for bitcoin to be global currency because there are some countries that doesn't accept bitcoin and in fact some of them even ban the use of it. Bitcoin is a decentralize cryptocurrency and no government can take control of it not like the physical money that we people has been using for so many years.

Bitcoin may fall to a lowest price but it will mever die. There will come a time bitcoin will rise again maybe not for now but definitely it will bounce back again because bitcoin will  ever lose it's potential in the market.

Isa itong mahalagang impormasyon na dapat pagtuunan ng pansin ng lahat ng miyembro dito sa local board, newbie man o may mataas na rank. Aminin man natin o hindi may mga miyembro naman talaga na nakakalimot na sa mga rules ng forum kung kaya't ang iba ay nabibigyan nga negative trust. Kya nga dapat natin laging isipin na may mga rules na dapat nating sundin at hindi lamang basta makapagpost eh ok na. Para din ito sa ikauunlad natin dito sa forum. Salamat sa ibinahagi mong impormasyon na malaki ang maitutulong sa mga nakakabasa at makakabasa pa.

The reason is "money" or "cash", we all know that there are members here who are still students and they rely on their rewards to help them with their school finances and school allowance. Not only students, because some members here are housewife who make bounty as their homebase job. They use the rewards they get from a bounty campaign to help the needs of the family and some other finances. That's the reason why some bounty participants immidiately sells their tokens once it hit the exchanges.

An airdrop is a free coins/ token given by an ICO to their holders. It is some kind of a token rewards or incentives to their loyal customers. Giving airdrops is their marketing strategy to attract more investors and to increase many people to continue patronizing their platform.

People are afraid of being scam by greedy scammers and afraid to lose their money. We all know that there are lots of news regarding bitcoin being use as a Ponzi scam, and because of that people lost interest on investing in crypto.

Even of the government legalize the usage of cryptocurrency still they have no in control of it. The government has no power to stabilize the price value of cryptocurrency, what the government can do is to regulate the securities of cryptocurrency to avoid illegal transaction. The government also afraid of cryptocurrency to use for money laundering which they don't want to happen once they legalize it.

I remember bitcoin way back 2014-2015, I used to collect on free faucets that time. I really don't have and idea what bitcoin is, what I do then was to collect satoshi in free faucets. I just enjoyed collecting and receiving them in my wallet which I used to by load for my mobile phone. I enjoyed doing that almost everyday, I didn't even realize how bitcoin could me more valueable after a few years. If could turn back the time, I guess I am a millionaire now.

Of course I trade for money for my families needs. I don't find trading as a means of fun and entertainment, maybe for other people but not for me.  I do trade to earn profits and as part of my families income.

You're right, earnings in cryptocurrency is not consistent. We cannot rely on it to have an income every 15th or end of the month. We are not born with a silver spoon on our mouth, so we have to work to earn for our daily needs and for our family. There's no need to leve your job and it s really a bad idea.

I must agree on that. Selling bitcoin is not a stupid thing to do, whether you sell it in a low price it is still you who's going to decide. If you feel like holding your coins for a more beneficial purposes well then hold and wait for a good profits.

Well, I guess it would be difficult for bitcoin to hit that high value of $20k. The market is in a bad situation right now and it keeps on dropping almost everyday. Maybe around $10K value increase but a $20K is really quite surprising as of the moment. Remember bitcoin will not increase with just a snap of your finger, you have to wait and be patient.

Although we know there are scam alternative coins I still feel positive because I know there are many alts out there  that is promising and has a good potential. It's true almost everyday many Alternative coins are popping out, that is why we have to be very careful on choosing an ICO.

Kung tuluyang magiging legal ang Cryptocurrency sa Pilipinas sa palagay ko ay maraming magbubukas na oportunidad para sa ating mga mamamayan ng bansa. Puwede ring magkaroon ng magandang epekto sa ekonomiya ng ating bansa ang pagsasalegal nito.

Yes, I do expect a rebound from bitcoin after the fall. Not only me because I am pretty sure many of us still believes that bitcoin will fully recover after this big fall. Bitcoin has a huge potential in the market despite what is trend right now, investors are still holding on to bitcoin and there is no doubt bitcoin will rise again.

As they say, it depends on the country you came from. If bitcoin transaction is not banned in your country you can do so. Actually it is not illegal to sell or trade bitcoin into cash as long as it is not illegal. My only advice is to be careful and be aware of the transaction so that you will not be fooled by exploiters.

No, Bitcoin is not a Ponzi scheme and is not a scam just like what others think. Ponzi scheme is an investment fraud which is somehow similar to Pyramid scheme that promises a large amount of profit to their investors. Ponzi scheme collects returns for older investors by recruiting new investors and they are using those investment money from new investors to pay older investors. That's how a Ponzi scheme run their business, which is very much different to Bitcoin, because bitcoin doesn't scam people.

In starting up a business I think you have to consider your target market. Make some surveys in different places or in social media Before putting up a business plan plan. Think of different ideas, concepts or even ask a family member for some good ideas that might help you in the long run. Most importantly make sure you have the capital for your business, and also consider the location of your business. You can also ask ideas

A small increase each week will surely give profits rather than just a one time big time increase then lose all your capital investment after a big big dump.  Weekly profits might be a guaranteed profit weekly and might becaome a huge profit in the long run.