Cryptocurrency has been named as the money of the next generation or the new era due to its features that promotes development and growth over time. It is true that crypto is the future for it exhibits the traits that is far advanced compared to other investment ventures. We should take note that usage (or centralization) of crypto is a big possibility, however the adaptation towards this platform may not be as easy. I guess it will flourish in the future alongside fiat to aid its growth.

Although I greatly enjoy the advantages of Bitcoin, I would have to say that cash/fiat is what I prefer using. SInce Bitcoin is not as popular here in the Philippines, there is no outlet for me to use it. Basically, it does not have the value it has gained over time since people are not knowledgeable about it. It's the sad truth, hopefully someday development towards acceptance of Bitcoin would be encourage in our country so that its usage may be maximized.

Having a Bitcoin bank may be a good idea since we always have this constant fear that our wallets can be hacked anytime due to the the development of programming and how smart people can get, but having a bank for Bitcoin will defeat its purpose of financial freedom. Bitcoin allows us to be in control and not have any parties involve with our cryptocurrency. With banks keeping it safe for us, they would for sure make something out of it and we will end up not enjoying the benefits of Bitcoin like we do now. Maybe a bank can be established for Bitcoin if they changed their rules about it. Hopefully it doesn't cover the set of rules established for fiat as it will burden us.

With the rise of Bitcoin, I do understand why you can't help but wonder if it might have an equivalent downfall. However, isn't December too soon to tell? I do get that the decrease in downfall rate that occurred before its remarkable price raise happened for a reason that was foreseen and expected; how about for the fall down you are claiming to happen this December, what are your basis?

I guess what we can do now is live in the moment and enjoy how great the rate of Bitcoin is today. Before we jump into conclusions, let's make sure that we have subordinate proofs of showing instances that might take place.

Agree with khaled111. In order to earn more, you have to incorporate your best set of of skills. Employing your skills with what you do allows you to produce an output which can be worth paying (especially when it's really good), which is why in this platform you do what does not burden you and at the same time you get to earn something that is of high value and in demand. Since Bitcoin rates are on a roll in increasing, make the most out of it by allowing your Bitcoin to multiply through storing. Also, try other investment ventures like ICO, but you have to do your own research and make sure that it is reliable.

This is the feature of Bitcoin that I am most glad about. The fact that we have our very own control over what we worked hard for is liberating because all we had in our life is taxes and everything in between. Through Bitcoin, we get to enjoy the fruits of our own labor and maximize its value to the fullest. The financial freedom it entails its users while assuring security is promising ans I am very thankful that I have this earnings where I am in control. With Bitcoin, there is no such thing as greed as what we have is what we genuinely deserve.

For Bitcoin price to increase forever is like a dream come true, but I think it's impossible to achieve for now. I believe that all things have their limits and for Bitcoin,  the supply and demand for it shares an inversely proportional relationship. We all know that the demand for Bitcoin has continually risen especially now that its rate are increasing. However, the supply of Bitcoin is finite and very limited. I guess the more that we demand for it, the higher its rate will be; but as we reach its capacity, its rate will not be as high.

I totally agree with aardvark. The fact that Bitcoin is renowned after several years due to it's rate rising over time has allowed controversies to circle in with its popularity. For me, Bitcoin has been controversial due to the fact that the image established by the media about it is mostly a misconception and due to its aspect of decentralization (since the government does not have control over it or does not benefit from it), Bitcoin has been a topic of dispute. Despite all this, as aardvark said, there are two sides of the story and each should be examined appropriately before jumping into conclusions.

I do understand your situation. Being under a government who's goal seems to be burdening their citizens with heavy taxations can be quite overwhelming. You don't get to enjoy the fruit of your labor because what you receive at the end of the day would be less than what you're truly worth it to have. I guess I myself invested in Bitcoins because I know that what I gain here, I will receive fully without any tax, without any other aspects hindering me from enjoying it.

With regards to staying low key in converting your Bitcoins back to cash, I guess the easiest way is to do it partially at a time. The government will have their hands on something they can benefit from quickly. So I suggest that you only cash out what you need and do it at a timely basis. I think this can be quite tedious, but at least you won't attract the government with your actions and with your money.

The popularity of Bitcoin is dependent on the knowledge of people towards the platform. The more people who learns about Bitcoin, the more people are encouraged to actually try using, earning, and even investing Bitcoin. For me, the price is not a huge factor as knowledge when it comes to Bitcoin popularity. True, more people would be into it if it's prices are stable but then again how will they know about it if they don't have any idea what Bitcoin is about?

2017 had its ups and downs for Bitcoin but as the year is reaching it's end, Bitcoin is on a roll. Yesterday, Bitcoin reached a remarkable rate of $10,000; something that most of us saw coming but did not expect to come so soon. Before it reached this value, Bitcoin experienced a major crash around the end of October and early November. This has caused panic which in return made users sell their shares. With all the fluctuations in rates, Bitcoin can still be affirmed promising since it knows how to come through and is continually (somehow) increasing through time.

Today's a good day to be alive and a great time to have Bitcoins! I have been seeing so many threads about Bitcoin reaching $10,000 before the year ends and wow, a month away until the new year starts and Bitcoin finally reached this rate. We saw this coming yet we are still so surprised about it. Just. WOW. Hopefully it would continue rising as I am sure that this news has made everyone glad!

Poverty is a serious issue caused by multiple problems a country is facing. It is such a big problem that I don't think Bitcoin alone can solve it. However, with the flexibility of Bitcoin there is a chance that Bitcoin can ease the drastic situation poverty has caused. It can open opportunities for people to learn and engage in to rise in life.

There are many ways to earn Bitcoins. I think the easiest is through joining signature campaigns. However, if you are not into writing or reviewing, signature campaigns may be a hassle since it requires your intellect and time. Others which I think would be risky and would require strategic actions are trading and mining. Earning may be fast through this platforms, but losing it would just be as easy.

I agree with Herbert2020. It would be a smart move to invest your money by converting them to Bitcoins as it allows growth in a short amount of time compared to orher investment ventures. However, you should take note of how much you are willing to invest as even though the rates are projected to continually increase, its flactuations can continue to be constant and unpredictable; but this is temporary. You should only risk what you're willing to lose.

With regards to just storing them, you should take high precautionary measures. You may think your wallet is highly secured but with all the advancement in programming right now, it can be taken away from you at an instant. You should be extra vigilant for the time being of your investment.

AMEN to that! It has been 7 months since Cherylstar86 posted this and I think what she said is still applicable to the situation of Bitcoin today. We recently experienced a drastic downfall in Bitcoin rates, but after awhile Bitcoin bounced back and is continually rising. The volatility of Bitcoin can be quite frustrating at times, but when it's rates heighten it can be truly beneficial to everyone especially to those who has been holding on to their Bitcoins for the longest time. A lesson to put in mind is that Bitcoin will always a blessing as time allows it to be.

The volatility of Bitcoin is what makes it challenging and very interesting. Losing this trait would make more people have reliance towards this platform which can result to the lost of its value. When you say that Bitcoin will increase forever, it seems that it has to be stable to do so. If it does, it will be advantageous to the long time users or keepers, and a disadvantage to those who wants to obtain Bitcoins as it can be to high to gain. So I guess, Bitcoin price will not increase forever. Maybe someday it will, but for now it will remain in a state of fluctuation.

Is it November 27 yet? Can't wait until the ICO launch of VLB.IO! This project will truly be an outstanding one, I can already feel it.

Although Bitcoin is considered a currency, I think that it can also pave way to become an investment venture since it can assure (not completely though) a return or increase in the value of your money given that the rates are at a good state over time. Compared to other investment platforms such as banks, Bitcoin can allow your money to grow at a quicker rate. However, due to it's volatility, you do not have a guarantee of certainty. Nonetheless, I think Bitcoin always comes through and it's rate can be quite promising when it is in a good time.

Right now since there are no platforms in the country that I can use my Bitcoin in, I only save my Bitcoin and allow it to multiply. I guess what I'll do for now is just earn and save so that when the time comes that Bitcoin can be used for transactions here in the country, that's when I'll maximize it. I know that there are online transactions where I can use it, but I think it's more practical to save it for now.