That would even be the worst mistake ever, considering the history of ripple. Decentralization is here to stay, sure there would be some monopoly here and there which we are already seeing in the market, but the idea of decentralization makes it worth it a lot and the fact that the banks are losing out on the centralization power makes it even more appealing.

They would end up begging us to give them job and save no matter how little when the time comes.

Fears of banks is pretty obvious they have always been scared and know the implication of that for me. Come to think of it, my bank has been giving me some good interest on my savings recently, which has not really been something I have seen much from the past, and also, I keep getting the message of doing international transactions and getting some benefits. It seems they are really beginning to see how the power is leaving their hands.

Big big thanks to Satoshi.

One of the mistakes was making a decision when we are too emotional or sensitive, for example we have seen the price goes up we are too excited and we put large amount of money, likewise when the price goes down we do panic and withdrawing or converting our coins to bitcoin.

its brainless propaganda sect and the fact that bitcoin is some kind leecing ressources,

from a humanist perspective bitcoin has legtimiacy issues

It is already. Bitcoin has now reached it's point where a lot of people are now familiar with it. Unlike the time when I started, many does not even have an idea that bitcoins or cryptocurrency exists. That was just months back actually. And now, everyone knows what it is and evryone has their own opinion about it. Some are saying it's a trap, a bubble that will burst. And some are saying it will continue to go up for several more years to come.

But the point is, it is already the big thing. With the help of social media most especially facebook, the Bitcoin popularity dramatically increased together also with the demand and value. Also, the news on television also helped as Bitcoin now is being talked about and even a hot topic lately.

Yes, bitcoin price right now is getting low. Maybe because of the season many bitcoin user’s need money that’s why they sell their bitcoin even the profitable rate is very low. That is the main reason why bitcoin price’s drops because of the volume of seller increase and the volume of buyer decrease. Hope it will recover in the next coming weeks to rise the value of bitcoin.

Trading crypto currency and investment in crypto currency are all good ways of making money in crypto currency. Some are good in trading crypto currency as a result of the vers knowledge they have in trading and they make reasonable profit from their trading while others are lucky any time they invest their money in any of the crypto currency it turn out good. In summary, both of them are good way of making money from crypto currency.

I am very much proud of what I am reading from the thread specially the change that bitcoin had brought to the life of the investors/traders. But everything means all. And when we say "all", this means that everything is included with no excuse. Well for me, bitcoin is able to change the financial stability of its investor or trader, and this results to change of how the way people live. Economically speaking, it will take a long process and time to reach that overall change.

I think it depends on what business you want, big or small business. If small business you can do that with your own and you can handle even you have no enough knowledge in business. While the big business need lot of knowledge or need to study a course that are related to business to handle properly if you are in real.

This is not the end of bitcoin, yes bitcoin price currently plummeting but this not means that bitcoin will end like this. Even bitcoin’s amount is not slow increasing we can still use it and can make a considerable profit through it. Just relax and imagine that in the first-place bitcoin price is always fluctuating too much.

if I have enough money for my lifetime and enough for my children I will buy gold.because it is not risky like bitcoin.fall in gold price will affect the whole world's economy. so its fluctuations is very low. and comparatively better investment for risk averse.if you buy gold the probability to loose money is very low as well as gain will be low.
but if you want be rich investing in bitcoin then you have to take risk.you know there is a saying that no risk no gain.bitcoin is limited and its demand is rising.as a result price is high.and in near future it will continue to rise. there is fluctuation,which prevents some people from investing in bitcoin.but if you use the fluctuations then it can give your desirable profit.
so for me if I think my current asset is enough for rest of my life then I will buy gold.otherwise  I will take risk to invest in bitcoin.

You want buy and sell. You will check the market places. You will get some ideas and information for the prices list. If buy and sell before you will know the process. It time to change proces. So you will check the bitcoin prices day by day. It good opportunity for the save coin and invest for future growth. It any where to invest.

Being a smart person certainly takes courage and dare to take risks, we will never look smart if we do not dare to do anything so when there is a mistake then we will learn many things.

Better if you invest only your extra money because if you invest all your money and once the bitcoin price decrease or die your money will be gone.  For sure those people have a lot of bitcoin who are invested in bitcoin they are millionaire and for sure even the bitcoin die they have extra money in the future. Lets talk about the reality if you don't have money it's hard to live because you cant buy your needs and wants.  Money gives you happy that's reality from now so better if you invest only the extra moneyand other will keep to bank even they did not get interest we have no choice is to save it to the bank.

the answer is no, because gold is a thing and bitcoin is a whole other thing and they used in different things and none of them can replace the other

Yes i agree that was really a great idea if we really wanted to have more money inveating to bitcoin is really a good tjing to do because it is now really getting more popular and many people also will trust on it because it is a verry safe kind of investment.I believe bitcoin is really getting more amazing in the near future and many people had become  interested on it.

Well when i first ingage in bitcoin the dumping and pumping of its price is really normal on my part because bitcoin is really unstable and we dont have to panic on this kind of bitcoin status because we really experience this from the last year,month,days or maybe  through an hour  we experince changing of bitcoin price so i think the best thing to do is just relax.

People really invest in bitcoin because they see that bitcoin has many opportunity and it can really give a great extra income that is really helpful to each and everyone  maybe peiple arround has trusted bitcoin because many of the people arround the globe is having a great experience on gaining through it in a verry short period of time because everytime bitcoin is really an ooportunity because the price is not stable which is verry fluent in buy and selling process of gaining.

I think investing in bitcoin is not too late if your goal is for the long term, because I know that the bitcoin value will definitely still bounce higher.