Bitcoin can always coexist with fiat currencies it is. All countries has some currencies on their own bitcoin is created for the people who is sick and tired of their own centralized currency who has done nothing but to oppress, exploit and drowned them in debt. Those people seek a better currency to use and they found it in crypto currency which is bitcoin which gives them freedom to freely use their money unlike the over regulated fiat currency.

The thing is about this guy is that he doesn't anything thing about cryptocurrency or maybe just a gold, fiat currency or whatever centralized asset that he invested. He clearly see's that bitcoin is a threat to their centralized that's why he is making some baseless statements that clearly has lack of knowledge about bitcoin. According to him bitcoin will fail or turn into a scam back in 2014 when bitcoin was still around $400 so look where it gotten now. The price value has already reach $4000-5000. One thing is for sure bitcoin is the future of money.

There is nothing to worry this is just normal even other resources in the market such as gold, oil and dollars doesn't always go upwards in price value and so it is also the same for crypto currencies. Are you going to consider this a chance to buy some more while it is in a dip or your going to panic and sell your coins which could potentially grow and even rise higher after few months ?
dont worry bitcoin is a safe haven for investments just leave it there and let it grow.

WTF seriously legit ba to? Siguro nung 2010 uhugin pa ako nun at walang ka alam-alam sa bitcoin nung mga panahon na yun naka focus pa utak ko sa online games at mga larong MMORPG kung siguro naghanap lang ako nun ng mga methods para kumita ng pera malamang na tuklasan kuna ang bitcoin noon at an nag faucet sa freebitcions easy 5 BTC sana hayss napaka sayang pero ok lang sa ngayon nag iipon ako ng bitcoins baka ma reach nito ang 100k price someday lol

Fucking thing about this guy is that he doesn't know anything about crypto currencies and how it works this statement is absolutely ridiculous accusing bitcoin some baseless commentary bullshit. Bitcoin being used for crime and money laundering but isn't it the same for cash or any other fiat currency, bitcoin is not the only currency that is being use for crimes or terrorism so it regular cash. This guy might be a fiat investor fearing that he might lose his money to bitcoin.

They are just idiots who thinks they're doing the right thing and quoting their shitty verses about killing those people who doesn't worship their god while the truth is that they dont know anything about god or even their religion. The truth is their only doing it to satisfy themselves a bunch of insane psychotic killers who see themselves as god's people while they dont even know if that god exists or it is the right god to worship.

I say go for whatever you want to do that is if you have the funds though to buy a house. I think if you save up lots of bitcoins like now like 10 BTC and after 10-20 years you can buy many house or land or just whatever you like. In bitcoin you can expect the unexpected the price might once again insanely leap this 2016-2017 has been crazy the price value of bitcoin has becone 1000-2000 dollars then this year it became 3000-4000 dollars it even manage to reach $5000 but quickly drop. So the best way is to save more bitcoins.

There are also other questions that's been bugging me. Why does a fail loving god allows he's own creations to kill, annihilate, contaminates and extinguish each other ? Why there is fighting in life ?
Why are we drowning from racist, sexist and phobist soup we've all been drowning in ? Okay fine forget the one-offs, how about the countless wars declared in his name ?
Why does he not help people being murdered,tortured and all the people that's been suffering for no reason ?

Agreed before they get into something like crypto-currencies they should really study it first because everyday there is a dip they panic sell which is not good according to you that only the whales benefits this. Clearly before trying something first they join a community to properly gain knowledge about the bitcoin digital currency or any group that teaches bitcoin. Start from the basics as they said cause others are being affected by their stupid actions.

Will that depends on it's rules and regulations if the conversion fee is low and doesn't need many requirements to get your money from a money exchanger. Bitcoin is good as a salary for a job especially now a days we've seen some incredible growth the price leaping insanely faster it even surpassed gold as a long term investment. In time im sure that it will become a mainstream currency bitcoin should be the ideal cuurrency for people to use not fiat.

Even if they dont use bitcoin, this digital coin will still move forward even the growth has been tremendous the price leap has been crazy jumping to $1000-2000 then become $3000-4000 it even reach 5000 but quickly drop because of the recent large scale sell off by traders to gain profit. They might plan of rebuying after selling then if bitcoin reach $6000 they will resell it. The adaptation and growth of bitcoin is continuesly growing now it is one of the most use payment for online or offline business.

If you have bought bitcoin 4 years ago i think you are now a millionaire and living a nice and easy life right now. But i guess the decisions that we made today or in the past are just the next step for our next decisions, its to late to regret it now but you can still invest in bitcoin cause the chance of its growth it limitless right now it's current price has insanely leap to $4000 and even reached 5000 in 2017 but quickly went back to $4000. But the point is bitcoin grown insanely fast in just a year. Bitcoin is really a safe haven for investment the price is stable because of many investors including institutional investors.

Bitcoin is already above $4000 and it even reached the $5000 price value but quickly drop and returned to $4000 due the a large sell-off of traders. In this past 2 years bitcoin has been insanely increasing with its crazy price leap in price value surpassing one of the trusted long term investment gold. It seems that people has notice bitcoin and its potential growth in the future, bitcoin has grown so much over the past years now it is one of the supported payment for online and offline business even institutional investors invested millions in bitcoin so bitcoin has fully mature from volatility.

Storing or saving your money in banks are a bad idea cause they have hidden charges and may be stealing your money instead of increasing it plus their security is to damn vulnerable for every hacker. Haven't you heard about the news everyday there are always data breach in this centralized banks that has been stolen by millions and left no choice to go bankrupt. While bitcoin blockchain is unhackable cause you need to break it's encryption by having a large amount of hash power.

Because the digital currency has some more great aspects than the centralized one for example when you compare the centralized and the decentralized one of course people will be more attracted by the currency thst doesn't have any control from government or banks it is freedom from oppression, exploit and regulations. Also bitcoin is faster, reliable and secured compared to the debt based system that we are all drowning in. As a result digital currency will continue to grow while fiat will become obsolete.

I guess because of it's rapid growth not just in the price value but the growing acceptance of it by merchants and countries it is also been adopted as a payment processor by online or offline businesses. Som institutional investor has put millions of their money on the line for this crypto currency while other coins has trouble proving their worth. Bitcoin has far advance conpared to other altcoin and may continue to grow as time pass by soon it will become a mainstream currency that everybody use.

It seems that someone is being hurt by the rapid growth of bitcoin and the insane leap of price so that's why the government and the centralized banks started to take action before  bitcoin becomes out of hand. Maybe they're starting to see bitcoin as a threat because the price value of it already surpass gold and lately gold has been losing it's popularity it wouldn't be much of a surprise gold being obselete in this dgital era where advance science is at hand. Soon the remnants of the industrial era will be no more.

Funny how they accept bitcoin and traded it in their market now they're banning it? Seriously the Chinese central bank should really make up their mind they seem to be half asleep if you dont like bitcoin why build mining farms of it and mine with 50% hash power. China is considered the one of the strongest miner of bitcoin. Well it seems that not all government or business man their are a fan of bitcoin that's why now it is banned. Maybe the person behind the ban is an fiat investor lol

Even other resources such as gold, oil or dollars doesn't always go up and sometimes the price drops. Bitcoin is also the same the price doesn't go up forever sometimes it dips but this is only natural for a currency cause you can buy and sell more bitcoins in order to make profit when price is high and you have bought lots of bitcoin you sell those and re buy in the next dip. Volatility is natural to any resources would you consider this a loss or mae this a chance to make profit ?

There were so many price drops this year so i would expect you to have bought bitcoins in that time the recen dip was the biggest sell off by traders the reason they've sold large amounts of bitcoin was not through but to gain profit, im sure  those who have bought bitcoin when it was $1000-2000 price have profit greatly now their planning to sell their bitcoins an to lower the price so they can re buy and sell it again when it reaches $6000. So might as well consider this a chance to make profit.