Isn't Fiat Currency an easier to use currency rather than Bitcoin? When it comes to transactions you really don't need to use your phone in order to send payment you will only need to get your money in your wallet and pay it to the cashier. Also when it comes to getting it it won't be easier as Fiat Currency as a Fiat currency being a legal tender in a country will make it automatically the most accessible among the two. I really don't want to give negative views in Bitcoin but we must be real in giving it some advantages.

Until now it is hard to explain what cryptocurrency generally is. As there are so many ways on how you will introduce it from explaining it is a way to make money or it is money itself, after that you need to choose what kind of path you want them to learn. With a lot to cover I often make my audience disinterested with Bitcoin and other cryptocurrency. The only way for them to learn is to be interested and to learn in their own way as with these method they won't rely on me that much and the can learn independently.

The news made waves all over the social media from Reddit and of course up to Facebook these shows us the effect of Bitcoin to new people not even part of Bitcoin but are interested in joining the market. The twins shows us that risking money by buying Bitcoin is not a bad idea to become billionaires but these guys obviously don't have anything to lose as they have won a huge settlement case against Facebook and has use not even 1/4th of the lawsuit money to risk with Bitcoin but it has surely paid off for them.

Some people here think that it is the government who is the one abusing their power here but its actually the government who have saved the day as the cryptocurrency traders are the ones who are getting away with big income without even being taxed. They are people who are being unjustly enriched by Bitcoim's features. Also a good job for CoinBase on having their profiles prepared.

When you think of it that way and assuming your facts are true I think that these people from 3rd world countries are only getting a small slice of the pie as people who are really crazy for cryptos are those people who are creating hype coins and also HYIP sites that are mostly created by people from developed countries. So before creating a bold statement about a particular nation you better get your facts straight.

Financial planning is really one of the most effective ways to maximize your savings, it can also make you financially free. When it comes to spending what you earn there are really no tricks you need to spend wisely and try not to spend on worthless things. Another thing to point out to is there are no certain divisions or ratios for your money if you really know how plan and manage your money.

It is understandable really. You don't go explaining Bitcoin immediately to your 4 year old son and expect that he will understand it quickly. Learning is a process and for them to understand it quickly you must teach them the basics first rather than go straightforward to what you want. You must teach them how to save their money first and crawl the way up there together with their teachers teaching them math they will soon have the mental capacity to understand what Bitcoin is.

Interesting argument you got there but I don't think the consumer's lack of interest in commercials is the only factor for Bitcoin having advertisements.  Because Bitcoin having commercials and other kinds of advertisements is inappropriate because Bitcoin is not a product of a company needing to be endorse to people it is a currency and it can make it known to other people just by doing nothing. Right now Bitcoin is doing good because of its price and is now getting the attention of many.

I hope that the officials will have 2nd thoughts on this one as there is really no sense for the reasons of their banning. Because hearing that "also potentially used [abused] for terrorism financing and money laundering" are old reasons to stay away from cryptocurrency and terrorism and money laundering existed long before Bitcoin was created. This is an obvious act of someone in charge wanting to make waves in politics which will really affect some of its citizens if it ever happen.

Seeing the prices right now I say that Bitcoin just recovered from a correction, Right now Bitcoin is worth 11,332$ per BTC which means its on its way to a new high right now. Also if you are an old member of this forum these price movements must not be new to you as it is actually Bitcoin's habit on having a new high. Every time their is a price correction it will recover and will surely aim to break a new price point. But just to make sure you must always monitor both the news and it's price charts.

Read an article about this although I forgot the exact names and places I got the main point that people or businesses willing to accept Bitcoin as a mode of payment they need to automatically convert it to Fiat currency in order to avoid earning unnecessary gains when its price appreciates. It is actually good if a country's government required these businesses by law to do so as they are actually will earn more if they buy and sell Bitcoin after earning it from you. I am on the government's side of it as it is a way to avoid abuse of its volatility.

Well for an investment banking company it is not too late for them to enter into the scene as they will most likely be part of the side which controls the price movement of Bitcoin, but I don't know why he thinks that Bitcoin will ever have a price movement that is below 20%? I mean he knows that Bitcoin is a decentralized currency the only way it gets stable is if no one is willing to trade it anymore. For me the price movement of Bitcoin makes it more suitable to "trading" as although making it more risky it is also profitable.

I wouldn't recommend you doing that as entering in the crypto market as your first investment would be a bad move for you. Why not try the stock market at first in order to learn the basics of investment. Because basing it from my personal experience investing in the stock market is way different from buying cryptocurrency, you will even get shock on how different they are. Also from what I believe in what you are doing in the cryptocurrency market is not called investing but trading so I wouldn't recommend you keeping your Bitcon 5-10 years from now.

Really hard to expect Bitcoin will have a price growth of another tenfold and I don't think it is a wise decision to hold and expect that long, its even funny that you are thinking to sell all your Bitcoin at 200,000$. My advice is do not wait for a price point like that in order to take profit as you can take profit right now. The price of Bitcoin is so volatile that even a small time trader can earn hundreds and even thousands of dollars in one day. Setting up a big price point like it is an investment will be a wrong move for you.

For some government regulation means to them is reaching to businesses especially cryptocurrency exchanges and requiring all its customers to be identifies. I also know some local Bitcoin wallet providers before you can withdraw or deposit a big amount you are required to verify your account and link your wallet address in your name.  And yes part of it is because of taxes with Bitcoin being a anonymous currency the government is finding a way to stop the abuse of it.

The answer to this question is also found above ^

This meme is interesting as how Bitcoin is the one who pops a person, this can be viewed in many ways like it proves haters wrong or worst is it proves them right. Yes Bitcoin is a big bubble and because of its big price movement we often get carried away that it is not, that the only time we wake up is when it goes into a correction. Yes we can take advantage of it now but let us not only rely on creating money with just Bitcoin as there is no certainty that Bitcoin will last forever.

Looking at the hourly chart of Bitcoin does not show a breakdown of the up trend but it shows a healthy pullback. By healthy pullback I mean that the volume is also decreasing which signifies that selling is also getting less and less. If you personally look at its daily chart you will see that its up trend is still intact and it does not show any signs that it is on a downtrend. Usually this kind of days or weeks makes emotional traders lose their money as they don't know how to participate in a correction.

Well the prices are basically controlled by the market and its influencers which are the big players of the Bitcoin Market, right now they see the price above 10,000$ level as an opportunity to create a profit taking for themselves, with the big quantity of Bitcoin they have and how it will create a ripple effect on other sellers it will inevitably make the price of Bitcoin decrease. Also the profit taking will be the one to start a panic selling in the market. It is one of the biggest disadvantage of being a decentralized currency (as a consumer).

When you read the news right they are being arrested not because of Trading Bitcoin but because they are running a cryptocurrency exchange which is illegally operating in Nepal. Bitcoin really in general has nothing to do with it the fact that their exchange is not registered to their country means that their operations are illegal, they are earning from the Nepalese citizens without Tax, the worst thing that could happen is that their citizen's money is vulnerable to being robbed as this exchanges can run without you able to track them back.

It is given that majority of Japan's citizens will know what Bitcoin is I mean they are one of the most developed country out their and they are highly advance also in terms of cryptocurrency. One factor I see why there is a high rate of people that know Bitcoin in Japan is because of their working atmosphere an article I see is that Japenese are being overworked which they are also being underpaid making them find others ways to create money.