The bitcoin price is so high because the number of investors multiplied and the higher the demand, the higher the price. Investors are attracted to the number cryptocurrency which is bitcoin because the bitcoin users are also increasing especially when bitcoin was featured through the first bitcoin billionaires which is the Russian twins.

Here in our country, the Central Bank is already recognizing bitcoin and they don't oppose to it. So we have the freedom to use bitcoin and earn bitcoin as well. Though they don't recommend it to many people but at least they never did things to oppose the cryptocurrency. I am hoping that sooner or later, it will become one of the means of payment here in our country so it could be easy for us to buy things that we need using bitcoin.

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I also think about it. And there's also a possibility that it will happen before the year 2018 because now it's almost $18k is the equivalent of dollar to bitcoin. So maybe before the year 2018 comes, $25k will be reached as the price of bitcoin and in the year 2018, people will start to sell their bitcoin.

Definitely bitcoin isn't a scam because if it is a scam, then many investors nowadays are reporting because they were deceived. But as you can see, there's no investors claiming that they were scammed in bitcoin. Same as you I am also hoping that bitcoin will last because it helps us a lot.

In your case, it is an advantage because I think you have no more problem about financial aspects that is why you can still keep holding your bitcoin. For us, when we have enough bitcoin, we will get some and covert it into fiat money so we can buy our daily needs. It is so difficult for me to keep on holding my bitcoin especially when I see my family eating ordinary foods.

70 Bitcoin is actually big but I think it is better if you keep on holding it. But if you are so worried about it, then just sell 70% of it and secure the 30% profit of yours so you can still have bitcoin in your wallet. In that case, you're actually gaining 100% because you bought it at $7500 price.

Maybe you're right. Because if you are still a beginner you don't know how to manage everything and you will be surprised in everything you are trying to trade. It could help them to control the greediness that you think if they start trading from lesser amount than the bigger ones. But I think not all beginners are like what you think. There are still some who are not greedy even if they are not used to it.

Indeed! As we observe nowadays, bitcoin keep on increasing its price that made us feel so pressured and worried of how to invest more because it is not so affordable. Unlike before that we can easily buy it without thinking so much of its equivalent to our currency. Though I'm happy that bitcoin keeps on increasing its price, there's also a different side of me that feels sad because I cannot easily buy it in an affordable price.

You should buy bitcoin now because if you keep on delaying your time of buying bitcoin now, you might buy it in a very expensive price and you might not be able to buy it anymore. So, it is better if you will buy bitcoin now so you can have your own bitcoin now and you can save a lot of it for your future expenses. You don't know what will happen next so it is better if you will advanced on earning bitcoin or holding it in your wallet.

I don't know if it safe or not. But I never tried lending bitcoin so I really don't know what would be the consequences if you lend some of your bitcoin. I don't want to lend my bitcoin because I'm afraid I will gonna lose it without receiving any returns.

Luckily, our bitcoin income is not taxed here in our country. We have the freedom to earn bitcoin without being taxed actually. So it would be great for us if this will continue in the future that it will not be taxed because the percentage of our tax is too big.

Altcoin depends on the bitcoin's price. But if you really want to get a lit of bitcoin, you should have try to invest in altcoins and then after that if you think it is already good then you can buy bitcoin using it. In that way, you can buy more bitcoin faster.

Just what other people said, you should keep holding it rather than investing it because the longer you keep on holding your bitcoin, the more it will become bigger and bigger and you will surely feel happy about it when it reach a bigger price than this time.

I want to invest in bitcoin because it will rise up so fast and I will also want to invest in altcoin because it is also good because it easily grows and you only need just small amount to make it grow than bitcoin.

I think the good news that the person asks is about the number of people who are joining or earning bitcoin and the people who accepted bitcoin as one of the electronic currency in the world or even in the specific country they are living.

It's true. It is not a surprise for us anymore if we can see that bitcoin price will go down and will go up because it is very normal nowadays. I regretted that I did not buy more bitcoin when the price was still $5000.

That's true. There's no way bitcoin will control the world economy. Bitcoin is not created to become competitor of the world economy but rather can help the economic growth through the people who invested in it. Bitcoin investors will someday become rich and if you are rich, of course you want to buy many things right? So in that way, buying products for your family, materials for building your own house and etc can help increase the economic status because you are the product of bitcoin. You became rich because of bitcoin.

The reason you need to hold bitcoin when price is low or down because you cannot gain profit if you sell your bitcoin when its price is low. Actually it doesn't mean that if the bitcoin price will not go back to its original price when you bought it, doesn't mean you will not gain a profit but if you will be so impatient, you will surely be disappointed because you may gain but bit is very small amount. That is why you need to be patient from the day that you started to invest in bitcoin so you can really see the good profit of it if you keep holding it for a long time.

For me, no. It is not advisable to quit your job for bitcoin especially if the bitcoin you earn is not yet enough for you to depend on it. So be careful when you decide to quit your job. Always remember that regrets is always st the end so it is better if you continue to work in your jib while earning bitcoin because you will receive salary from your job and income in bitcoin. Isn't it good to have it both?