In my opinion, there should be the possibility of additional personalization of the account which would allow for additional security in the event of losing access to the account. It should not be required because some Bitcoin users are interested in anonymity, however, for those who are willing, there should be an option to ensure that their funds are safe, whatever happens.

In my opinion, many people avoid Bitcoin because of its instability and modern structure and at the same time use the banks.
Some bank users are older people who don't want to use cryptocurrencies because they are afraid of them, it's quite understandable. Furthermore, banks that are state investments are regulated by cryptocurrencies and governments will probably not allow banks to be replaced by cryptocurrencies, for example Bitcoin. It just would not pay off for them.

It is not spoken of loudly, but I suspect that similar situations could have taken place. Unfortunately, Bitcoin as a partially anonymous and not very controlled form of conducting transactions is associated with certain dangers that must be particularly considered. It is worth checking out who we are dealing with before making the transaction and then making payments after checking if we pay a reliable person.

It's hard to disagree with you but it is worth taking into account that there are people who counted on a quick profit and do not have such funds to wait a longer period of time for earnings. It is hardly surprising that they sell a cryptocurrency so as not to be completely lossy. Some may be forced to do so. However, before investing, it's worth considering whether we can deal with it and if the value of cryptocurrencies decreases, we should not sell it immediately.

Bitcoin is not a fully public currency because it offers amenities that ensure its privacy. Bitcoin is partly anonymous and decentralized so its structure is more private and one can say that we make ourselves a bank using Bitcoin. Bitcoin simply allows transactions where personal data is not needed, instead we use the code to send our funds and receive them.

Bitcoin has not been dead for so many years, why would it die now. Each investment involves a risk and each can end in success or failure. This is normal and can be expected. Several times, there have been suspicions that Bitcoin will die and the bubble will burst. However, it never happened so we can rather be calm and carefully manage our investments.

It's difficult to require Bitcoin to move as fast as other cryptocurrencies because it is already very popular and very widespread. It is easier to quickly navigate a small cryptocurrency that is just beginning to appear than the well known cryptocurrency that is dominant among others. Bitcoin is admirable due to the fact that it does not show a rapid regression after reaching the top form. Although it isn't as valuable as it used to be, its price dropped slowly and gradually and at times even raised a bit.

I use the Poloniex exchange. I think that it's quite reliable. Commissions are not too high, which makes it attractive for the user. It's relatively well-run and there have been no major complaints about it. The only thing that can discourage the future user is the fact that the stock exchange required verification of the ID document. However, I can honestly recommend it to all of you because it is really good compared to others.

The reason for Bitcoin approval in the countries is very simple. It's about being allowed and legal. When a government of a state approves a cryptocurrency, it's legally permitted for use. Then all actions by the residents are legal and they do not have to fear about consequences or look for other solutions. Bitcoin approval gives its users the freedom to use it.

Bitcoin has nothing to do with the Ponzi scheme. Ponzi's scheme has a completely different mechanism consisting in gaining money from people interested in profit, which is later rewarded. Bitcoin isn't similar to this mechanism. Bitcoin is an independent decentralized and self-sufficient currency that nobody invites us to promising later profit. It depends on us whether we invest or not so the assertion that Bitcoin is a ponzi scheme isn't supported by facts.

Bitcoin is a real treasure containing many facilities and modern ideas. What does Bitcoin offer us and we can not count on it using fiats? It allows us to make transactions from anywhere in the world at any time, which is extremely convenient and in addition, these transactions cost a few cents. Next, it's worth mentioning that Bitcoin allows partial anonymity and independence from other structures. I am a bank myself. At the end, it's worth appreciating Bitcoin for its decentralization which assures us of the credibility of this cryptocurrency.

At the momentk, there is no solution to this situation. There were situations in which people were losing even 250 k dollars by losing access to their wallet. Because Bitcoin wants to maintain the highest possible anonymity, so personalization enough to connect the wallet with the owner is impossible. It's better to prevent than to cure, so it's good to take care of your key and, for example, save it somewhere on a piece of paper. Don't approach it recklessly.

People with lower standards of living would have a serious problem because this type of system doesn't help anyone too much in contrast to the current one which care about the bad material situation of some people. Creating loans in cryptocurrencies would be difficult if at all possible. Bitcoin is so unstable that it could happen that someone take a loan for a certain amount of money and would have to return a multiple of it. For now, the situation in the world doesn't allow for the resignation of fiats.

That's the point! The essence of Bitcoin is the incredible convenience and speed of making transactions from anywhere in the world at what time we want. It's unbelieveble how Bitcoin is modernist and what technologies it offers. Furthermore, such a low transaction price is simply fantastic. Compared to $ 300 million, what are 4 cents? Nothing to me. I hope that this will be a proof for those who doubt the idea of ​​using Bitcoin.

I bought Bitcoin when it was worth 30% more it was in February this year, although there were moments in which I could gain a lot of money on bitcoins selling them but I preferred long-term investment which in retrospect seems not very beneficial. Unfortunately, noone can predict what will happen in the future. Perhaps I can still earn by BTC. I'm counting on it because it's obvious that no one decides to invest in order to lose his funds.

Of course, nothing is happening right away, it's better not to panic and wait patiently. Some plan an instant investment and it is impossible to predict whether it will be possible at the moment. Of course, finding an alternative form of investment is extremely important. It's worth having a lot of ways to figure out the problem. I also recommend looking for the causes of stagnation, analyze the situation that applies to all investors in cryptocurrencies.

I exclude the saying that I am leaving cryptocurrency and I'm out. Cryptocurrencies are the future and I have to give up Bitcoin just because its price has dropped? No way. It is simply worth understanding that every currency will have increases and decreases. It's normal and despite all appearances it's a good phenomenon. If you are worried about the current situation of Bitcoin, you can refrain from investing for now but certainly not give up on future investments.

Bitcoin hasn't grown in value for a long time, which gives many people hope for a profit in the future. Of course, you can buy large amounts of bitcoins and count on it to pay off. Nevertheless, it is worrying that the popularity of Bitcoin has dropped significantly. The more the demand for Bitcoin increases, the more we can be sure that its price will also increase. We all expect this. Of course, many factors contribute to the price of Bitcoin, so it's hard to predict what will happen.

Of course, most Bitcoin owners who haven't sold their bitcoins at first fall look forward with the hope that its price will rise again because Bitcoin has been increasing and decreasing many times. However, the situation on the cryptocurrency market isn't doing well. The fact of continuous slow regress is worrying. As you know, rapid growth is also not recommended because it makes a fuss. However, continuous slow growth is the most positive phenomenon that many of us count on.

The investment in cryptocurrencies is a kind of gambling, which, as shown by previous years, sometimes pays off. The panic selling of cryptocurrencies at the time when the price begins to fall is often unreasonable and rash. It is worth to wait out the worse moment to gain later. It all depends on how long the investment is planned, because someone who can invest for a short time is forced to sell their BTC when the price falls to reduce the maximum losses.