I'm very glad in the news that bitcoin is recovering now. Some investors sold their bitcoin because they think that bitcoin will end but now it is slowly recovering. Many investors are now investing in bitcoin because it is now rising. I salute for those users of bitcoin who had a very huge patience in holding their bitcoin even if there is a big downfall of it. I wish that this recovering of bitcoin will continue. |
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I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me
In my own opinion, I think the reason is not supported in some countries because they don't believe in the power of bitcoin. They don't satisfy in just words, I think they want a physical proof that bitcoin is real or they don't know the real value of bitcoin and how to use bitcoin. Bitcoin is gambling so there is a risky part of it but they don't need to not support it. |
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I think bitcoin will rise again in march and I think the main reason for this biggest dip is banning cryptocurrencies in china.But this is the time to buy some bitcoins.What do you think?
I strongly agree that bitcoin will rise again. It is not the end of bitcoin so there is nothing to be worried about. Maybe the banning of cryptocurrencies in china is the reason of big downfall of bitcoin but this is not the reason for bitcoin to end. The bitcoin will recover from this huge downfall. We can earn more money even if there is a downfall of bitcoin so don't panic. We all hope that sooner or later the bitcoin will rise again. |
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Hi everyone, When is a good age to teach kids about crypto? Any suggestions on how to go about it? thanks  For me, 12 years old is enough age to teach children about bitcoin. Because in that age they know what is right and wrong and also in that age, they can explore the technology so they have enough knowledge to learn how to use bitcoin. In that age also they have some toys or something that they want to have so it is the time for them to earn money and use their own money to buy things they want to buy. They don't need to solicit money to their parents to buy something. They can also help their parents in early age if they know bitcoin in that age. |
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Bitcoin price is getting down just like ski slop!
Is bitcoin over? do you think bitcoin will recover their price?
I'm afraid, I lost my everything almost 2million....
For me, bitcoin is not over and it will never end. It will goes down but it will never end. We all know that the price of bitcoin is getting extremely low but in my opinion it is temporarily. Sooner or later it will rise again and the bitcoin will recover. We are all hoping that bitcoin will recover and the value of bitcoin will increase. We should not panic so keep on holding. |
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I think that investing in everything is risky especially bitcoin. Don’t take anyone’s advice about what will happen with the currency. Personally I believe we are just starting, just my own opinion and you shouldn’t consider that as investment advice as well. I think Never invest more than you are able to lose – Bitcoin is a very risky investment and you should keep in that in mind at all times. especially the price Bitcoin is still going down this time.  For me, you should invest in bitcoin because bitcoin gives you a high profit. Eventhough the currency is falling down, it is not eternally but it is temporarily. Even the profit that you may earn now is low, it is better than spending your money in nothing. Investing your money now can give you a low profit but sooner or later the profit that you may earn in bitcoin will be higher. |
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Recently, more and more I have been interested in the question of why Bitcoin was created. Who created it and for what purposes. After all, clearly there are people who control bitokoyn, well, that is - own a very significant amount Bitkoyn. Maybe it's just a new currency to replace the dollar only in electronic form. Until now, nothing is known about the creators of Bitokin. Why we need crypto-currencies, if on the idea you can use the same transfers of money cherz different banks. What happens if bitcoin collapses? Do not judge me strictly, it's just that these thoughts have visited me more and more often lately.
For me, we really need bitcoin specially if we have a financial problem or you want to earn money. Investing your money in bitcoin can give you a high profit and it also can make your money multiply. We need bitcoin because it can help us in many ways like me, I am a student as of now and bitcoin helps me in my educational expenses like tuition fees and also with the help of bitcoin I can now give money to my parents. |
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Please forgive my cynicism.
I was offered bitcoins in I think 2010 when they were 50p each.
I was tempted to buy £200 worth but had been just lost £200 to a ponzi money scheme so decided against it!
I have seem recent reports saying they are now worth £2,500
Are these the same Bitcoins?
So would I be able to actually sell for cash or money in the bank?
Sorry to ask, but I see lots of people saying they are millionaires but don't think I have seen anyone with the actual money banked.
I mean, my 400 bitcoins would now be worth £1,000,000 and I could actually sell them for £1Million less commissions?
You gotta see I'm sceptical.
Please tell me I haven't made the biggest mistake of my life?
Yes, you could be a millionaire with the help of bitcoin. Investing money in bitcoin can give you a profit which can bring you to a millionaire person. Posting in some campaigns in bitcoin can give you also a salary. It was also amazing that the price of bitcoin is slowly growing up so it is the best time to invest money in bitcoin so that you could be a millionaire. Being millionaire in bitcoin is not a joke, it is a true to life experience which you can experience if you invest in bitcoin. |
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How to spread awareness of Bitcoin in a way so that old people start to use more bitcoin?
For me, I will introduce bitcoin to old people by telling them first the value of bitcoin. Then I will tell them the value and benefits that they can get when they use bitcoin and lastly I will tell them the steps on how to use bitcoin. Bitcoin is suitable for old people because they will get money from bitcoin. If something happens like accident, they can get money from bitcoin. |
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Reading a lot of New Year Resolutions, and I can understand many of you here have some resolutions that involve crypto and bitcoin. Maybe you want to earn a bitcoin, multiply your bitcoins or become a crypto millionaire.
So here is one similar question that does not necessarily has to be achieved in this year.
What are the things you want to buy with bitcoin?
Whether its a House, your favorite car, a yacht, a jet or a ticket to Mars. Whatever you dream, list the things you want to buy with your bitcoins (crypto).
For me, I have many things I want to buy with my bitcoin but I must help first my family in our daily needs. After I help them I will spend my bitcoin for educational purposes like I will pay my tuition fee in school and I will buy my school supplies. Then after that I will now buy the things I want to buy like a new phone, a house for my family, a car for my parents and also clothes and shoes. |
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Why do people want Bitcoin?
Bitcoins act as new currencies in the digital age. It can cross borders without any banks or governments.
The recent boom in Bitcoin may be great news for those who put money here early. But it also made it possible for Bitcoin to become a distant currency.
I can now use my Bitcoin number to buy stuff at Overstock or book a hotel at Expedia. But if I use Bitcoin to buy $ 25 on the Overstock today, and next week Bitcoin prices will increase fourfold, I'll feel that stock is $ 100. If Bitcoin loses its price, at least I still have the stock to use.
Bitcoins are considered as a kind of asset, instead of currency, with great profit expectations later on.
There are many reasons why people want bitcoin. One of the reasons is that in bitcoin we can earn money in a short period of time and also in a safe way. Just invest their money in bitcoin and then their money will earn profit. Another reason is that it is easy to convert bitcoin into money there are no hustle in depositing your money in bitcoin. And I think the last reason is that the profit that they earn from bitcoin is high. |
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So 2017 proved to be the best for the bitcoin till now but still the great Officials of many companies are busy in predicting the greater roadmap of btc in 2018 and so on so will it be possible for bitcoin to go more and more high ?
We can't predict the future so I'm not sure if this upcoming years the bitcoin will be more profitable. But I hope that this 2018 and the coming years the bitcoin will gain more profit that this past years. In that case many of the investors invests their money in bitcoin because they want to earn many money. But there are some cases that the bitcoin goes up and down so no one can predict the value of bitcoin. |
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Yes, it is very true that bitcoin is the future of money. Because you can convert your bitcoin into money and if you invest money in bitcoin it will multiplied. See? In that concept you will know that the bitcoin is the future of money. Aside from that it is also safe to invest money in bitcoin. All you have to do is to wait for your money to earn profit and it will be the future of money. |
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The point is to keep a bitcoin separately for donation to the poor. Donating a bitcoin directly will make sense if the receiver is aware of the functioning of bitcoin and Cryptocurrency. A poor and / or needy man can be sometimes an educated man or a knowledgeable man who is struggling to meet his ends. Bitcoin can otherwise be encashed and given to the poor.
It is always better to think big. I would rather create a trust or try to invest in healthcare or education of a poor child. All quick helps will not last long. Educating one child by spending a $25000 or more will reap great benefits to the society in comparison with feeding a whole lot of people once with the same money. Though it is not bad to feed but it is better to invest in a system that more than once continually feeds.
Yes I will donate Bitcoin to the poor and needy the way I feel is best useful for them. One percentage of the income can always be set aside for donation. After all, life is short and it is best to help as much as we can.
I agree that it is best to help as much as we can, if we are satisfied in our financial life, so it is time that we help others who is needed. As of now I'm not totally stable in my financial life but when the time that I'm satisfied in my life, I will help who really needs help like the victims of calamities, some orphanages and I will conduct a feeding program in some place. |
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Bitcoin is just a virtual currency, but it is used as real money to buy many things. There are many people who accept Bitcoin payments for items, including online stores and regular stores. Popular online stores accept Bitcoins including Newegg, Overstock, Microsoft, Dell and more.
In the United States, there are Reeds Jewelers, One Shot Hotels, Holiday Inn, and even pizza locations, restaurants and more. You can even use Bitcoin to buy addictive drugs, gambling, bullion, or even donate to charity. This is the reason why I like BTC.
Yes, It is true that you can buy a lot of things with bitcoin. Just convert your bitcoin into cash. When you have many bitcoin you have many cash. In bitcoin you can buy your dream car, you can also buy a phone or even a house. If you are still a student you can use your bitcoin in your educational purposes like buying personal computer so that you don't have to go to internet shop to search your assignments. |
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For me, it's a big yes. Bitcoin can end the poverty from all over the world, Because in bitcoin you can earn money in a easy way and in a safe way. Even the people from low class can use bitcoin. All they have to do is to invest their money in bitcoin, it's okay if it is small amount of money and in a few months or days their money will be multiplied. So in that way bitcoin can solve the poverty in the world. |
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The journey of bitcoin from 2009 to 2017 is very interesting. Although the stories of individuals(investors) are very interesting and motivational that how they initiated and what problems they faced at earlier stages.
In 2017 the number of businesses accepting bitcoin continues to increase. Where you see the bitcoin in 2018?
For me, no one can predict the bitcoin in 2018 but we can all hope that 2018 will be the best year for all the investors and the users of bitcoin. Although the start of 2018 is quite disappointing because the price of bitcoin fell a little, I hope this coming months, the bitcoin will increase very high. I also hope that there are many investors to come this 2018. |
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Some people think bitcoin is a bubble, what is its meaning and value?
For me, Bitcoin has a very big use in our life. Imagine, with the helps of bitcoin you can be rich and you can earn money in a short period of time. The money that you earn from bitcoin can be used in your personal expenses. You can also use it to help your family in financial problem, aside from that if you are still a student, you can use it in your educational purposes. That are the uses and value of bitcoin. |
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•Are going to spend or save bitcoin?
•Whats the roght thing to do? When in earning bitcoin?
I watched a man that his videos are always one minute and saying in the end thats one minute!
His Video was about bitcoin opening a shop next to a trading company.
Topic was people have a problem when earning more and more. The propper use was earn as you spend
•What do you think is propper and the right thing to do?
For me, I would spend my bitcoin if it is really needed. If there is something happened like I don't have a money to spend in my school papers, I will spend my bitcoin. But if it is not needed I would save my bitcoin so that if there are case that I really need money, I have my bitcoin to spend. And when I save my bitcoin I will invest it when it is not needed so that I save my money I earn profit and earn more money. |
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Do you predict crypto to get to new highs or the opposite ?
I speculate a sharp decline on Cryptocurrency specially Bitcoin this year.
Call it a inner feeling.
In my opinion, we don't know what will happen in the upcoming months this 2018. But I hope that this 2018 will be the greatest year for all the bitcoin users all over the world. I wish that the value of bitcoin will increase and the scammers will be detected. More money to invest so that the money will be multiplied. This 2018 will be good for cryptocurrency. |
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