No, bitcoin cannot kill income tax. Yes we don't have income tax to those people who are earning bitcoins. But many people are still working in a company and we're bitcoin earners are just few. So income tax is still there and if that happens each country's economy will fall down.

We cannot use one currency only because one of the factor why some economic country is good is because of exchange their currency in market. There will be a economic breakdown if this happens and it might get into worse. In our country dollars is powerful than our currency. So if our country use one currency only USA will not allow that and our economic will fall down because we're not using our own currency.

I think it is still far to happen that bitcoin can destroy fiat system. Remember, without dollars bitcoin is priceless. Bitcoin is still depending on dollars so what if they made bitcoin as real currency, what is the basis of its value? dollars right? Maybe 2022 is still short for everyone to use bitcoin.

Yes many people has been used bitcoin in crime. There are many people out there that doing bad things so you should be careful. One of example of crime that people's doing is scamming people. They will make you believe that your money will get doubled if you invest your money to them then after a while the company will close suddenly.

Let them to sell their bitcoins just don't mind them. We all have different perception on how we look at bitcoin value so if they think that is the right time to sell let them be. As I can see there's no bad effect to bitcoin when some people are selling their bitcoins. In fact it is one of the reason why bitcoin value is increasing because of high supply.

Aside of financial freedom, I can't think of anything much better. Bitcoin offers people a lot of opportunity to earn and invest money at the same time, it is only up to them how they want to spend it. Bitcoin benefits its users because if you hold bitcoin for a long time, you will get a high profit because the price is continuously changing

Yes I agree with you. But bitcoin cannot change everything. There are some but not totally everything. First that i've noticed is how people live, it changes their lifestyle and their perception in life. For example, to those people who are in poverty they think that they cannot find a job because they didn't finish their studies but by the help bitcoin it changes on how they think in life and now they can sustain all their needs.

No. Oil industry will not go down. I've read some article between comparing the car that uses gas and car that uses electricity. This is the difference of the two, if we use car that uses gas it is still convenient but somehow we need to reduce those cars to control the global warming. But when we use cars that uses electricity, it just the same. We all know that some company that produces electricity uses gas to create electricity and it much worse to our environment because some of the company produces a black smoke unlike the car that produce only a little smoke. So I think cars that uses gasoline will not eliminated as well the oil industry.

I started earning bitcoin during summer and I was on a "On the job training" that time. I am still a student by the way, before I worked on a fastfood chain and it was really hard because I need to study in the afternoon then I will go to work after my class until in the morning. But when my friend introduced to me the bitcoin it changed my life. Now, I am earning more than my salary before and I can focus now on my studies.

From the past few months when bitcoin price was at $4000 I've realized that it is always the right to buy bitcoin. When bitcoin price was at that value I always think that it is not the right time to buy because that time for me its already a huge amount. But as you can see now bitcoin price is at $16000. Imagined if I didn't get scared before maybe I earning more profit.

That is the only reason why people engage to cryptocurrency is to gain some profit and if they feel like they are slowly losing it, they will find a much better investment which will be the altcoins. Even though they will be affected by bitcoin getting lost, everything starts from the bottom and slowly goes to the top. I think some altcoins have the potential to replace bitcoin.

This how I look the logic of it on how bitcoin move fast. For example bitcoin has 10000 supply, and it costs $1 each. If bitcoin's supply is high the price of it will remain or it might get low more so the it could investors but if bitcoin is lacking of supply, let's say with that 10000 supply the only left is 5. That's the time that bitcoin will rise up to fulfill again the supply of bitcoin.

If only we can go back in time and invest all our money in bitcoin, but let us put that in the past and focus what's ahead of us. This year can really be considered as the year of bitcoin because of how much the price went up from the beginning of the year up to now. No one really expected this to happen, it is all happening so fast.

The price of bitcoin is decreasing but it is still too expensive for most people to buy, maybe little by little they are buying some by means of trading and buying some alternative coins. Bitcoin is a good investment that is why we should not waste a single day not trying to earn some because bitcoin has a bright future ahead.

Yes go ahead. I've read in this forum asking what you are asking when the price was at $10000. Many were said that that was not the right time because of its value and some yes. But look at the price now, if they invest when the value is at $10000 maybe they gain profit. Same as your question if you invest now maybe you will gain profit soon. Just believe that bitcoin will increase more. I know you are afraid but you need to overcome it and believe that you will gain profit.

It depends on how people think. For example I have a stable job that can sustain all my needs and it don't give me a pressure and at the same time I am also earning bitcoin and it much higher than my salary from my job. By then I will not quit my job because I am happy with my job it will help me also to get rich easily but if you are having a hard time with you job and you are earning bitcoin higher than your salary I would suggest to quit focus on bitcoin or find another job than can make you happy.

Yes it's normal when there's a lot of transactions happening. If you want to decrease your waiting time you should pay the miner higher. When you are doing transactions like that expect that you have to wait especially when there are many people who are doing transactions also like you.

People should invest in bitcoin if they want to get profit. I've noticed nowadays people are talking about if it is the right time to buy or invest in bitcoin knowing the price is huge. Many are saying no and some people are saying yes. To those people who thinks that it is not the right time to buy/invest in bitcoin you must know this. If someone asks you that question or if you ask that to your self the answer there is always yes. Yes it's always the right time to buy because if you believe in bitcoin you must trust it. Don't be afraid to lose.

First of all you need to know what are plans when enter the world of digital cryptocurrency. Gather more information on how you can earn bitcoin and other digital cryptocurrecies. Investing in bitcoin is a good first thing to do even you are a beginner. Don't afraid to invest in bitcoin and don't mind the price of bitcoin now because what people scares is they might lose profit when they bitcoin at higher price. Just think that it will pump and you will get a profit on it.

No its impossible to control the value of bitcoin. You know why? The number 1 reason why bitcoin is volatile are the users. We are the main reason why bitcoin is volatile and that cannot be controlled. Bitcoin value is depending on how people trades their bitcoin. When bitcoin demand is high the price of it will pump and its just a vice versa.