Yes, definitely you should stay away from any market predictions because it could only bring frustrations and false news. Nobody knows what will happen in the future.
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The worst case scenario is when people don't value the bitcoin anymore and consider it as just a scam. All the hardwork of the creator and the miners will go to waste. Another is when the hackers stole a lot of bitcoin and don't use it but we all know that this is impossible to happen.
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I think the world is ready but it will happen gradually. Bitcoin is still in its early stage and not all people are aware about the existence of bitcoin, specially the non-techy people. I believe that bitcoin will be the money of the future.
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For me, everybody is welcome to join and invest in bitcoin regardless of economic status and age. Just invest something you can afford and in the future you and your family will be get the good benefits that bitcoin has to offer.
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The creation of bitcoin made the world go crazy because it is the new gold in the century. Everybody wants to have it and get rich fast and the demands increases and everybody is willing to spend lots of money just to buy for it.
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In my case, because I firmly believe in bitcoin I didn't worry even a little. I am just patiently waiting, just keeping my bitcoin in my wallet and finding ways to acquire some more. I believe that it will rise at the right time those who are panic selling right now will perhaps regret later.
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In my opinion, since bitcoin is pseudonymous government will have a very difficult time to track if you have a lots of bitcoin in your account. That is the decentralized thing is a very good feature of bitcoin.
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Aside from being highly volatile, bitcoin is also not backed by any government or insurance company and some people are afraid that if they lose their cryptos no one will answer for it. Bitcoin is for the venturous and for the positive thinker.
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The truth is that the anticipation for crypto to go mainstream increases as time goes on. In fact there are skeptis who would have nothing to do with crypto unless it goes mainstream. Is 2018 that year when blockchain crypto goes mainstream?
Bitcoin will eventually go mainstream in the near future but I believe not in this year 2018. But this year shows a great progress that bitcoin is started to be accepted in different countries across the globe. Here in my country, bitcoin is now accepted as payments for bills or any services in selected merchants and in some countries, they can use bitcoin to buy foods and other goodies. It is a very good sign, we are definitely goin there.
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Right now, i have no plans on selling my bitcoin. I can patiently wait for it to grow and become more expensive before I will think of selling it. All I wanted now is to earn more of it.
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Yes I strongly believe so, it will become mainstream in the next decade to come. Here in my country, the government is about to license 10 cryptocurrency operators that would build thier company and it is a big sign that crypto is progressing.
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Bitcoin is the future of money, it will eventually become the mainstream currency and will replace the fiat currency. In just a few years, if you pay with fiat currency, they will laugh at you, almost all people will shift into cryptocurrencies.
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Bitcoins are very valuable because it is limited in quantity and it is hard to mine. It takes lot of money spent bon expensive equipments to mine it. It is like gold in the virtual world and every human being wants to own one.
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In my own opinion, bitcoin become an asset because we can earn with the increasing and decreasing of the price of it. When we hold it for a few years, imagine the earnings we can get from it.
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Bitcoin is never a scam, it is just that there are greedy people who use the famous bitcoin to scam other people just to make lots of money and that ruins its reputation.
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It is another great news and we should celebrate to that. It is very good to know that asia pacific countries are very open minded and welcome the bitcoin. Bitcoin is the future of money.
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Well for me and my brothers and sisters, we will continue to patronized and used bitcoin. We will spread the good news about it and the benefits we can get to our friends & nieghbors so that we csn help them in our own little way.
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In my own opinion, bitcoin can help the economy of a country by giving lots of opportunities like a job for the unemployed and extra income for those who invest in it. More of my friends are working on a bounty and earning big income.
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Then the buyer would be super duper rich to buy all of bitcoin. I think it is possible to do that and then he can influence the bitcoin market.
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Why should it be declared illegal if it greatly helps the people not only gaining extra income but also the ease of transferring money to any stranger world wide. It is created not to bypass government but to bypass banks and that will made the transaction fast and tax free.
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