It will definitely be a welcome development for bitcoin to be used as national currency but it is also a very difficult situation since every government of a nation want be relevant in everything that concerning their country.
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In the next few months market may still be up and down but before the end of this year i.e fourth Quarter of this year market would be booming just like late last year. We may invest now to add more to our profits the market move up.
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Social media will be a very good tools for promotion of bitcoin and the rest. Many people in the whole world are connected to some social medias if not all. Information can be easily be disseminate faster and cheaper and mostly timely through social medias. Social medial is best tools for promotions.
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Really good news for us all and the whole world at large. Crypto will continue to grow and more and more people would embrace the uses of cryptocurrenc. Now crypto market would be booming and all who have invested already should be ready for a great yield. Good news indeed.
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Patient is always an answers to all things including bitcoin trading and the rest. Many people that bought and hold bitcoin in 2016 had a testimonies in the year 2017 ending because the price of bitcoin then was more than fourth times what they invested. We should always be patient oh in trading.
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Do you also think if the price of bitcoin will rise? I think you don't need to wait any longer before you buy and add to you investment. All you need to do is to divide your money in phases and use them to invest in bitcoin phase by phase in the case any changes.
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Infact many people in the world are yet to be exposed to the world of crypto currency. In my own developing country about 5 to 6% of total population knows about bitcoin and cryptocurrency in general. More and more people would get to know about cryptocurrency with time.
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All different kind of money can be used in different ways by owner. No one or government can restrict what someone use his money for. So also if someone with bitcoin choose to used his it to buy drugs as said then there is nothing wrong with that because many have used dollars to buy same. Bitcoin does not kill if you used it well.
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I believe many people have used this opportunity of low bitcoin price to buy already. Our expectations is for the price to high to enable make more profits. And that brings more attention of the people in the whole world to bitcoin. It will also allow for more user to participate.
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I think the best thing for you to do is to keep holding your bitcoin. The price may be down now but can not really tell about tomorrow. From all indication bitcoin will bounce back again before the end of 2008. So do no be disturbed about the current price of bitcoin
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Yes bitcoin has gained a lot of popularity over time because it has long been in existence as compare to other altcoin but that does not mean it has made alt useless. The existence of alt made bitcoin face competition and bitcoin will try by all means to remain relevant than other. Alt made bitcoin better.
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What is happening now is just a market situation and it's normal and doesn't has anything to do with popularity. Bitcoin remain the most popular coin among all other altcoin and it will take years before it can experience any serious competition. Bitcoin remain popular and the price would bounce back again.
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Do we really need to force people to invest in bitcoin? Do we need to preach bitcoin too much? The physical appearance and materials possession by people who invest in bitcoin is enough to tell them the importance of bitcoin trading.
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Generally, market is all about up and down and what can really save you is your analysis and determination. Many alt are very cheap at present and it will be good if you can buy now since the price is low. Cryto market will be up again in way that those that invest now will make alot of profits.
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Yes of course, I have included my children into my bitcoin saving plan. I have once informed my older child about my bitcoin saving and how is going to be used. He is aware of what I invested into bitcoin for our future use. I have also invested for him in his own name and he is control of that account. I will soon do the same for the remaining children.
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Store or saving bitcoin for long period of time like any other business is to allow for increase in price for more gain or profits. We have seen practically during the year 2017 where the price rose to 20k USD and for people that bought it very low say 4k USD made a very big profit. Holding or saving for a long period of time is for profit generation.
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Bitcoin remain the king of all coin. Bitcoin have dominated over a period of years and it will be very difficult any other coin to come over just like that. Though it may take years if not 100 year for any one to overtake bitcoin. Bitcoin is known all over the world and that made it easy for it's continuous transaction and trading.
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If it happened according to the prediction (100K) then how happy am I and other bitcoiner. Too many prediction for this year bitcoin price: some say 25k why other say 30k and even 50k before the end. I will be a good news for all bitcoin investors if it happened according to prediction. So it is better to add more to our investment because the rainy day is ahead.
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I have encouraged not less than 40 people to invest in bitcoin. Many of of believed and started almost immediately but few among them are not fully convince and couldn't invest because of fear of losing their money. For those that invested, they with a lot of testimonies.
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I think with every positive speculation this year, this is a very good time to buy bitcoin because it's price is low as compared to what we had late last year. You don't need to advice further, buy now and enjoy later. Lot of speculation that bitcoin will hit 30k USD before the end of 2018.Good luck for you.
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