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Greatest fears that I am thinking is that someday Bitcoin will just be wiped a way like an air, because we cannot guarantee until when it will last and we don't have a hard proof that this is bitcoin like the paper money that we have. But, hopefully bitcoin will be recognized as a currency in later days or years and the government will acknowledge it.
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As of now, there's still no banks accepting bitcoins. Because it is not yet fully recognize by the government's financial institution in a country. They can accept the money converted from bitcoin but if bitcoin itself, it can't be or no one accepts in the banks.
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Stable altcoin nowadays are ETH and Litecoin compare to the other altcoins but these altcoins are jsut like bitcoin because these altcoins goes up and down also and most of the altcoins are depending on price of bitcoin, if bitcoin has a high value today, the other altcoins as well.
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Maybe, it’s possible the digital currency will replace the paper money that we have now. Because as days passing by our technology is getting hi tech and nowadays we live in a technology era whereas most of our transaction today is in digital, you can transfer money from online, buy anything from online. Most probably in later days or years paper money will vanish.
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Ang pag taas ng bitcoin after ng holiday season ay normal lang, dahil ang bitcoin ay hindi stable ang presyo neto, kaya habang may pagkakataon ka pa na mag invest dito pag bumaba ang halaga niya sa mga susunod na araw, kunin mo na ang oportonidad na yun, dahil pag nakapag invest ka ng bitcoin sa mababang halaga at dumating ang araw na tumaas ito, siguradong malaki ang kikitain mo.
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Of course, yes. It is not advisable to turn all your money to bitcoin. You can invest your other money to the other things and other money you can invest to bitcoin. Investing in a particular thing should be think twice and be wise. Trading is not easy, we cannot guarantee the highs and lows of the bitcoin.
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Absolutely yes, because other altcoins has a high value, some of them ranges a hundred bucks in just one altcoin. It is not just the bitcoin has a future, ETH is next to bitcoin, maybe a few years ETH will be the dominant than bitcoin. So, most probably altcoins with value will be having a better future.
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Sa pagkakaalam ko, kung dito sa Pilipinas ka magbabayad sa mga establishments gamit ang bitcoin walang tumatanggap dito sapagkat di pa ito fully recognize sa ating bansa. Pero kung may account ka sa coins.ph maaari mong ipangbayad ang bitcoin sa mga affiliate companies nila, dahil sa ngayon coins.ph pa lang ang authorize ng bangko sentral ng pilipinas.
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A very easy and important thing to do if bitcoin decreases its value is to keep or hold your bitcoin while the price of it is in low, because bitcoin’s price exchanges goes up and down just like the traditional currency that we have. Much better of you will keep your bitcoin while it is in low price and afterwards when the bitcoin’s price rise again, you can sell it and definitely you will have a big profit and benefit.
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Bitcoin impressed me the way the transaction is really fast and reliable, with its peer to peer transaction. Also bitcoin is free from hacking, it is really hard to get your bitcoin from your wallet unlike in the traditional banks that we have. And the most important thing about bitcoin that catches me is the value of it. Once you invest with bitcoin and you're going to sell it, definitely you will have a big profit.
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Of course, we should support altcoins not just bitcoin because some of the altcoins has value and some of them doesn’t have value. Other altcoins with value must be supported because it is still part of cryptocurrency and by investing in altcoins with value, you can still sell it and you will have a good profit.
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If facebook and google will make their own cryptocurrency, it is a good idea because they have the rights to create their own and besides cryptocurrencies doesn’t controlled by anybody it is not decentralized. And definitely if Facebook and Google will push this plan, many users will recognize and be part of it.
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Bababa siguro ang bitcoin kung kakaunti lamang ang tumatangkilik dito o merong mga ibang altcoins na lalamang sa halaga ng bitcoin pero karamihan din ng altcoins ay nagdedepende sa halaga ng bitcoin. Samakatuwid, di natin masasabi kung hanggang saan bababa ang halaga ng bitcoin kasi bawat araw o oras na lumilipas nag iiba iba ang halaga nito, tumataas at bumababa.
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Absolutely yes, because it is very normal in bitcoin or any other type of cryptocurrency to reduce its value and increase. Eventually in the later days the price of bitcoin will be high again, much better if you will invest now in bitcoin while it is in low amount.
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Literally, bitcoin is not a gambling. It's a part of currency which is digitalize and utilize by the technology. We are spending our time and effort with bitcoin though we are spending our money for investing but eventually if you decides to sell your bitcoin you will have a benefit from that, that's why bitcoin is not still a gambling.
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We should hold our bitcoins and other altcoins until their value goes up because it is normal in a cryptocurrency to have an uncertain price that’s why it goes up and down. And it is a good time to invest in bitcoin and other altcoin while it is in low value because at the time when the value is high you will have a profit when you sell it. Just be part of the daily routine which is investing in altcoins and selling it with high profit.
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Safest way to keep your bitcoin and other coins is to store it in what they called hardware wallet which is available such as ledger nano and trezor, because hardware wallet is all yours you don't need to store it in paperwallet or online storage of coins, you hold it and it's just like a flash drive. It is pretty much safe and secure.
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