The choice still yours to decide on, but I really don't get the point why people here in the forum will compare Bitcoin to Gold because Gold if a rare earth metal and not some kind of Cryptocurrency which they released an ICO with. Obviously Bitcoin has passed Gold a very long time a go but they are in no competition whatsoever. If you really want to profit more and risk your money then Bitcoin is the right choice for you.

There are many ways to earn Bitcoin and Mining and Trading are not the only way, the other ways that have reasonable pay of course will require work and talent. This very own forum and some sites like upwork will hire freelancers and will be paid on their preferred payment and how much you will be paid will depend with your negotiations and also the quality of your work. Well if you really don't have any talent than it will be the end of the road for you not unless you invest your time in getting better at trading.

What is your basis of your assumption that Bitcoin will be worth 14 million dollars per Bitcoin in the future? Are you being too optimistic with your prediction about Bitcoin? Because it is 3 years from now and Bitcoin will still yet to hit the 7000$ mark. If I were you I will be realistic with my target price in order to don't fail in the future setting your target price into millions a coin is really too much.

Well it doesn't people at a certain level only stop buying at a certain price if that happens the next thing that the sellers will do is to drop proces until a buyer will match their price. That is how cryptocurrency trading works there will always be demand on a certain price. Simply having no people buying Bitcoin will mean the end for it as no one is interested in having your Bitcoin, it means that there will be no demand for it if ever that happens.

This wouldn't be a problem for people, the burden of proof here lies with the Government. They need to find evidence pointing you are the one who mutilated the U.S. Dollar not unless you are caught directly by a government authority. This law is created in order to protect and respect the United States own currency. Pretty tough punishment if proven guilty plus having a criminal record for vandalizing the currency is pretty big for a small crime.

What you have said about Bitcoin being a legal tender is not true it does not mean that Japan and the Philippines are accepting Bitcoin automatically counts as a legal tender, yes they are accepted but it cannot replace the position of the country's own respective fiat currencies in legal terms negotiable instruments should be paid in the country's recognized fiat currency. Bitcoin is a bubble and there is no doubt about it. One good reason why it is a bubble is that Bitcoin does not have any fair market value we don't even know if Bitcoin is fairly price or not.

Lower down your expectation Question123. The Philippines recognizing Bitcoin does not make the price go up for any reasonable means. It won't even create in any demand of some kind. The Philippines just has recognize Bitcoin but it didn't tell any kind of support they are giving on their end. Look at how Korea and Japan do by supporting and accepting Bitcoin in their country even that is not enough to make the price move. For Bitcoin to grow in terms of price people must start buying and using it.

The cryptocurrency market is still considered young, it is so young to have a competition. Bitcoin right now is dominating the cryptocurrency market as it is the most popular crypto available so popular that you will hear the name Bitcoin first before the word cryptocurrency. As we all know holders of Altcoin are also holders of Bitcoin or even when the time comes when the price action of Bitcoin is good all the altcoins in the market will turn red as traders are selling their altcoins in order to get more Bitcoin for profit taking.

Uhmm the Minnesota Timberwolves have won the game though although it was not an easy win for them as the Miami Heat still have fight. Dion Waiter gave a stellar performance which he scored 33 points, also Kelly Ollynyk's 3 points to square with Minnesota in OT gave us fans a scare. Nevertheless amazing performance by the starters of the Timberwolves I really love how the new look of the wolves are getting with the addition of Jimmy Butler, Jeff Teague, and Taj Gibson this team will be a threat in the West. 

Any people can do that but its almost certainly that not all of my Bitcoin holdings will remain intact for 3 years. What I mean is through out that period I will sell some of my Bitcoin and also will continue to accumulate it. With the markets changing all of the time we need to take advantage of the prices which we need to take profit because we don't know that in the next 3 years that it will go up in price.

I don't think so seeing the views of other members here in the forum they see Bitcoin right now as an investment tool in which they take profit from it they themselves are taking advantage of the price action of Bitcoin as not doing so will be a waste of Bitcoin and time. Bitcoin being what its made (as a currency) only now comes second as spending it is really not wise decision, the only time I will spend my Bitcoin or convert it to Fiat currency is if I really don't have any cash left.

For starters their is no fair value for Bitcoin. The price of Bitcoin is determined by the demand of the people and how the buying and selling forces agree and settle with a price. We the people who are into trading Bitcoin are the ones who determine the price of Bitcoin that is why it is so volatile because many people are actively trading it to take profit and also the big players are the ones who are controlling it mostly.

Of course they can the governments of any country has the power to block Bitcoin operations at their will as the have the power to ask their internet service providers to block websites and wallets that are relating to Bitcoin and other cryptocurrencies. It is a simple task but will be proven effective as it will make Bitcoin rot. If there is no internet access there will be no Bitcoin of course.

We need to care, as long as the mass media is spreading bad information about Bitcoin it will give the general public a bad first impression to Bitcoin. Our personal success story might not be enough for them to change their views about Bitcoin. The best thing for this not to happen again is the mass media admitting to their own mistake that they are bias on saying Bitcoin is totally a scam. It will be a hard task but overshadowing the news might help, overshadowing it with good news and price increases might make them change their news about Bitcoin.

The answer is no, when you are looking for sustainability you are expecting for is to be on one position having many people use and buy Bitcoin will create growth which is different for sustainability. But realistically being a decentralized currency broke this rules as even right now Bitcoin is getting popular it still goes down a lot as many people especially the big traders are taking profit from Bitcoin. We cannot expect Bitcoin to be sustainable in the long term as no government is controlling it.

Having a marketplace for buying and selling of goods that only Bitcoin is accepted as a mode of payment is a possibility in the future, but of course this marketplace should exist virtually not physically as it would defeat its use for online and hassle free transactions. A few things to consider in this marketplace of course, and what I have in mind are the following :
1. Users have a rating as a buyer and as a seller, so that other users will know who can be trustworthy to transact with.
2. Accounts must be verified and has a limit per IP address.
3. Blocking the IP address of scammers is a must.
The marketplace's reliability and reputation is what we need to protect in order for it to grow and create new consumers and producers.

Bitcoin has already reached the 6000$ price range before so it won't be any surprise if it still goes above 6000$ with it still staying strong above 5700$ we are seeing a cat and mouse game between the buyers buying and the sellers taking profit. The 6000$ price range is a familiar territory for Bitcoin and if breached we might be establishing a new support. But remember that it is not the right time to add more as there is no assurance when will there be a new high for Bitcoin.

We still don't have any proof that JP Morgan's CEO is buying Bitcoin when the price dropped as said by him that it is the company's policy that they are prohibited to buy Bitcoin. But nonetheless what Jamie Dimon did is totally unprofessional creating comments about Bitcoin but only giving the negative side about it and not showing the whole picture. Also calling his employees stupid for buying Bitcoin is really crossing the lines of being a CEO.

Interesting piece of article which is saying the whole truth on the problem what Bitcoin has created. Being a decentralized currency made it more harder for the government to support Bitcoin and other cryptocurrencies even though they want too by supporting them it may lead to a loss in revenue for the country. Even if their citizens and businesses are required to spill out their Bitcoin addresses you cannot distinguish what the transaction is for from payments to remittances their is no way to label it for the taxing department.

To tell you the truth a lot of us started in late, with Bitcoin being more popular now compared to when it was priced below 600$. Many people right now have missed the chance of buying Bitcoin at a cheaper price and here all them scrambling to get just even a piece of Bitcoin. Even me for instance have passed the chance to buy Bitcoin when it dropped at the price of 500$ last year now it is twelve times more expensive. The regret is there but there is nothing I can do about it.