Normally speaking, bitcoin is something having a nature of moving up and moving down their price level, to all people who already here in a very long time of accessing, are already knows the reality of bitcoin, that once bitcoin rapidly down their price, at the next move of that, would also rapidly increasing, like as what happened before last december, when bitcoin become $20,000 but for the next month of january the price rapidly down also up to $4,000 so difinitely the nature of bitcoin is like actually a bubble that burst and blooms.

Holding and owning bitcoin is not actually a crime, bitcoin is like an assets of a properties that contributes to the life status become financially stable. And when we say owning bitcoin is a crime, well let us consider that there are some people using for a crime actions, so difinitely, it depends upon the persons who owns bitcoin on how the way they use their bitcoin, rather than that, bitcoin is no liable or liabilities for any bad actions for the people who used bitcoin for any bad or criminal actions. Bitcoin is actually similar to fiat or any real paper money that can be used any time depends on what any purposes that used by a certain person.

Governments has already a benifits from the people who gain from bitcoin business transactions. Like for instance, a certain person who become financially stable because of bitcoin, and they build a big business establishments which is legally paying taxes into government so difinitely bitcoin has already contributes big impact of economic development even bitcoin is not directly paying taxes.

Maybe, it will disappear only when internet connection reach up to remote areas that even those people living on a extreme remote areas can access bitcoin. And also bitcoin endorse by government as use for medium of exchange like money. But it would only happen for next generation of human being, maybe fifty to one hundred years from now. Because paper money it hard to eliminate, because it is used for how many decade as our medium of exchange. And even now, with the new technology system that bitcoin is born, we cannot directly says that bitcoin is the instrument to replace real paper money, but the truth is, bitcoin is an instrument that convertible into real paper money. Although bitcoin has a multiple higher value than money, but it doesn't mean that the money will replace by bitcoin.

Many basis involves in bitcoin business, like on how people strongly used and accessed bitcoin, and the majority of total adaptation of bitcoin. That's why bitcoin until now still exist because of the good reputation on how bitcoin being managed by the generous creator. And the quality and value of bitcoin are the basis on why bitcoin more investors and capitalists invest on bitcoin business.

Waiting, it simplifies the status of bitcoin on how price level being moves, in general terms, it is all about on how price being move going down, that's why people says that we should wait and holds our bitcoin stocks and strongly holds until such time that bitcoin price back to the higher level. But there are forms of another opinion about the word (wait) it is something having globally connected to the status of crypto business. Because many people who waits on what next big thing that soon to happen in crypto business. And if we try to look on the world issues about crypto business, it is something full and forms of conflicts that sometimes there are issues which are good to crypto business but there are also issues criticizing crypto business.

Speculations are always in bitcoin business operations, many people worries when bitcoin end or disappear on which their capital invested are turn into losses. But for me, in the new development of high technology today, bitcoin would surely survive being unstoppable because of the strong support of the people who adopt bitcoin and also government knows already on how good bitcoin is, towards high contributions of income to their living people and also to the economic world development.

This is not a bad issue about crypto business, and when government collects taxes from crypto business it is something that government has a final approval and endorsement in their country, the bad issue only when government or a certain country banned crypto business. And those only transactions can be collected a taxes when cryptocurrencies are converted into fiat or a real paper money, so difinitely all transaction with direct payment of digital cryptocurrency can no longer collected a taxes.

Mostly people love bitcoin, because it is a life saver and a financially life provider. If we try to see the quality of bitcoin, it is something a tool or a sharp instrument that can develop life status or a life changer, from nothing in terms of finacial and into life financially stable. For my own speculation, bitcoin has a form of economically power, and it can change our world economy become powerful in terms of financial power. Because bitcoin makes price more on rapid increase in value, and it is more powerful than money in terms of value.

Actually, this is about all naturally the life of cryptocurrency business, and generally speaking, all people here are knows about the status life of bitcoin, but let us consider the fact that some people mad on bitcoin price today because they are investing on a higher price, but totally if we compared losses and profit, mostly people here in bitcoin are gaining, so let us consider sometimes that we encounter several forms of losses, because bitcoin is actually a business. Hopefully we can understand on how bitcoin lifes moving that makes equal level of market stability, and not in a single person but generally to all people globally.

Altcoins are actually a part of all cryptocurrencies, they are created as a line of cryptocurrency business, as we all know, a lots of coins are in the market today, different kinds and different in status but they are all part of the existence of bitcoin. And if we try to look back in the very beggining, when bitcoin created by the generous creator a certain name Satoshi Nakamoto, we don't see altcoin in that time, but time passes by, a lots of coins introduced and launch in the market, as what I have analyzed, altcoins are something a back up on bitcoin business on which people decides for another form of choices. Altcoin is created by Derek Nisvet and also a bitcoin fan, but if we try to count on how many altcoins that continuously created today, it was more than one thousands of altcoins today in the market.

In my country, there is no strong total implementation of using only credit cards instead of money, but there are few people using credit cards in my country which is bank credit card and it can be usable in some establishments only that accepts credit cards as used for transactions payment, and the card holder or card owner only paying their liabilities to the bank distributor of credit cards. Hopefully, with the new technology development today, the digital cryptocurrency could be used as a term of payments in such different big establishments, because in my country the digital cryptocurrency is only used as a instruments to make real money, or as a digital cryptocurrency that convertible into real paper money.

I was reading all answers posted below about trading business, because I'm just a begginer in crypto business, I don't ever try a trading business, and I have no knowledge about crypto trading. But in this particular questions, I have caught a few knowledge on how to enter crypto trading, as what people different opinions shares on the forum, maybe I have now a few knowledge about crypto trading. I'm so thankful about the topic. This is my guide soon to be one of those crypto traders.

If we try to view the situation of bitcoin towards the balance of economic contributions, bitcoin has already a huge contributions of economic growth because of the people who earn from bitcoin business, we cannot see on how bitcoin paying taxes to the government, but with the instrument of the living people who earn money from bitcoin, the economic situation would benifit also on the peoples money which earn from bitcoin. And I'm hoping, that by way of bitcoin business, our economic world, would strongly grows forward.

Hopefully all good news of cryptocurrencies are really true.
In this business, many different news we can view in different sites, but sometimes it is only a form of advertisement, because they really knows that crypto enthusiasts are really interested on the topic which related to crypto business. But let us consider about the good news that tackles about the positive future side of cryptocurrency business most especially bitcoin.

In crypto business, even it is not legally endorse by government, but in purchasing system, mostly all investors must provide a legal digital wallet with I.D verification or a verified wallet on which the cryptocurrency product or bitcoin you buy will automatically send into your wallet address. Maybe you are doubt why you need to provide and identification or any valid I.D's but for sure it is a way of verification to provide a strong wallet, that used to send and receive bitcoin. But I'm glad to read your messages that tackles about people who take advantage from other people, so let us try to examine the truth beyond on this particular issue of scams.

Advantages of bitcoin are free on government taxes and has a higher value compare to any cryptocurrency and real government currency, it has also a large contributions of income to the living people who access bitcoin, bitcoin also has a advantages when it comes to chances, because bitcoin business has a lot of chances that gives to the people on how to become millionaire.

When a certain person that owns bitcoin and plan to buy a property using bitcoin as payments, well it can be possible when the two persons are both having knowledge about bitcoin business, but when the opposite one has no knowledge about bitcoin business, so it would be difinitely the transactions cannot be paid with the use of bitcoin.

The legality of bitcoin affects also the credibility of all cryptocurrencies, hopefully it is true, maybe more countries also plan to adopt and follow on what other countries do. But legalizing cryptocurrency would pass under many reviews and high verifications. And it is not easy to legalize crypto business, because of the anonymous identity of the management peole behind crypto business.

If there are celebrities who endorse crypto business, well it is good for positive credibility of crypto business, especially to bitcoin as the main king of all crypto business. But talking about any celebrities campaigns and endorsements that executed by any celebrity personnel, that endorse about crypto business, well in my country, I don't ever see or heard about celebrity personnel endorse crypto business. And mostly 90% of celebrity endorsers are advertise by way of television broadcast or televising that viewers can watch and see. Hopefully it will done also in my country, that there is a celebrity endorsers of crypto business.