How to Secure Bitcoins?
If you want to be more secure i suggest you to buy software or hardware wallets. Since these wallets not connect with internet so you become more secure .Next step is being smart, You should always active and smart before investing. If you just google you'll find a lot a lot of site which offers you something but always remember these are scam. |
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In curiosity, I know all of these can hack the price of Bitcoin, but the question is, which in your opinion is most likely to happen first?
Block Chain hack can't bring bitcoin down , We can increase the security of wallet since the company don't want to lose their customers. I don't think its belongs to bitcoin's price. But i believe Government Ban can take bitcoins down in just seconds. Bitcoin's price got distributed in past when the china and south Korean's Government ban the use of bitcoins. More countries ban it more the price will fall down. If it happens it can destroy the bitcoin for sure but it is unlikely to happen. |
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you think this is the right time to buy and hold bitcoins? because from 19k its 11k today.  In my experience bitcoin always rise and has great potential than other crypto currencies. I suggest you to buy now because whenever bitcoin fall it will increase high. I myself buy more coins and holding them. Bitcoin never Disappoint you nor you feel regret for your self. But do not turn your all money in bitcoin just invest low and watch the price. After few weeks, you can invest more. Do not invest for days do it for months. Buy it now and forget about your money in bitcoin wallet. |
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Accept the fact that most of governments will oppose crypto currency. Obviously there are some countries who have decided to embrace the future, but let's face it, most of governments will stand against. Who likes their currency to be weaken? Every time a stupid country opposes bitcoin, there is so much fud and a great price drop.
China bans mining
South Korea will not ban crypto but obviously does not welcome it
India banning crypto
I fully expected this resistance from governments.
Don't be surprised if more countries come out against bitcoin
i think that was true but we all knows that government is have the law for their country and they only want is to control there people and there own management. Its hard for government to accept bitcoins. Because its decentralized, unstoppable, untouchable, and not in under control. Not only Government banks are also against bitcoins because we mostly use bitcoin to send and receive money world wide without any tax. That's why most of Governments are against bitcoin we don't pay any tax to Governments or banks while sending or receiving bitcoins. So they want to take down bitcoins by banning them. |
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After government resistance, fees are the most dangerous thing for bitcoins. I mean you have to pay high fee for small transactions. Its not good people can lose their usage with bitcoin. But some wallets offers you custom fee also but that does not matter much . You can manage the fee but there limit, You can't pay 0.01$ for big transactions and then there is more waiting time for confirmations. If bitcoin solves this slow tx confirmation and high fee issue, it will really move much faster in popularity.
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I think more than 90% of the people here are buying bitcoin. Why shouldn't you buy bitcoins? We are ordinary people, we have no power, we do not have a large consortium of money to invest. This may be the most suitable investment channel for ordinary people. I think we need a bit of courage to stick with it, although it has a great risk.
My government forbid bitcoin usage because it can be use for criminal attempt like money laundry, corruption,etc That's why my people still have less interest to invest on bitcoin ! indeed if the government forbids the use of bitcoin certainly as a good citizen we must comply with government regulations. probably because they have reasons related to criminality in the country so they forbid the use of bitcoin.but this surely really a disadvantage for bitcoin users in that country Bitcoin is risky for everyone. You can lose your money, only if you don't work with honesty and show indolence. There's some scammer waiting for you. They can scam your money by ditching you. If you work with patient, being smart, and take your full concentrate you can't lose your money. Be careful, work hard and with care and you're good to go. |
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I have opportunity in overseas job around 1000 usd. but my mind now not in a stable manner.
please guide me whats the best option doing crypto currency on the home or move to the job overseas?
Do you have a proper crypto business ? How much have you invested in them and are you sure you will be gaining profits from them ? If all these question have YES answer then you can stay at home with your current business else move to aboard as you already have job offer. Many people wish to go aboard for earning but never get a chance in life. You're lucky one here and i think you should avail this opportunity. |
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As far as I can observe being a teacher, I am definitely happy that my students are involve in cryptocurrencies and they earn for themselves and help their families. But, their school perfomance is getting worse. Please give your thoughts how will you help students to earn and at the same time it won't affect their school works?
Earning bitcoin is good but they should concentrate to their studies also. We can earn bitcoin but we will earn more and more if we study and build our own business. You can earn bitcoin today or tomorrow but once if you're fail in exam you'll never get your time back you lost your One year just for the money. I suggest you to guide your student to make a time table when you play when to earn and when to study, it can help your students. |
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I don't think that necessary to worry too much about bitcoin future. Bitcoin is still the strongest and the most accepted. Bitcoin is worldwide crypt currency and there are many investors showing their interest in bitcoins and I am sure that it will be touch the sky in future . Since people get many opportunities from it due to its advantage, It will fall only if any serious issue occur in block chain.
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I remembered watching a video about bitcoins and the simple information that a beginner can understand. It says that bitcoin only has the maximum of 21 million bitcoins and 17 or 18 million has been mined.
What would happen if the very last block were mined? Will the value of bitcoin finally be stabilized?
It take a lots of years to mined rest coins. Maybe 50 years i am not sure about this time but maybe in future next generation face some problems with bitcoins. Anyways there's some more digital coins like Eth, bitcoin cash. We can mine them. I am pretty sure after that event people will move to ETh to mine or maybe they can start with doge coin or any other mineable coin |
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How Is Bitcoin In The Future? The number of altcoin that popping up sometimes for me to think how bitcoin 10 years from now  Is it still exist or has been replaced with a new type of better currency ? Many altcoins can now be traded with local currency and other altcoins and are not fixated on bitcoins. Question: 1. What is your Prediction ? 2. And what the reason ? Maybe that's what I want to ask , hopefully the answer can answer the question in my brain. thanks  I think bitcoin's cost will be more expensive in 10 years. Since bitcoin has a potential of increasing price every year. We see a big difference in beginning of 2017 and at the end. So just imagine how far they go in 10 years. About replacing bitcoin with good currency, well i see Ethereum which is second big currency after bitcoins. So maybe Ethereum can replace bitcoin but still it has very less chance. |
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I ran across this video a while ago on what can happen to you if you don't pay your taxes. At some point during your Bitcoin career, the cryptocoin will be converted to fiat and that's how they will catch you. https://www.youtube.com/watch?v=hf2fNEUPjQwFirst your video is unavailable. Try to re-upload or edit new link. Come to the post, Bitcoin is volatile nobody can control it. If nobody have access to control its then there's no way to apply tax. Even government can't control nor they can apply tax on your transaction. Bitcoin works between 2 members. Once is called seller and other call buyer, no one can trace your transaction,then no one can take taxes. |
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If BTC becomes a more centralized speculative asset, i dont think volatility can be controled. If it finds a way to work around itīs limitations and gains widespread usage the "true" decentralization would mean less volatility IMO
There's no way to control it since its decentralization. Even governments can't control it nor they can trace them. Its price depend on us. If we sell, its demand decrease if we buy, the price pumped up. But don't know about its future. Volatile can not be controlled and its a good thing for us. Government can't reach to us and they cant apply any tax on it. |
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Bitcoin is only for those who invest for long term.Never sell in panic and always do patience trading, and its a right time to hold and applying some patience and not selling in panic. Bitcoin start losing its price after the new year. This theater is good for newbies who want to invest now. They should read this, Many newbies lose their money and sell there coins. Mostly they do panic selling.
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Its hard to save money especially if you're married. You have to manage your expenses with your income, You have to support your family, friends and only money can help you to survive. Take my opinion invest your money in bitcoin or buy any alt coin and hold them. Now you're not only saving your money but increasing it with time. Always remember you need to do long term, and apply patience
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I choose it due to its value, demand, and popularity. Like other people i start with alt coins, i did investment on them but did not gain much profit . I just almost lift my interest with digital currencies. Later i come to know about bitcoin, I become surprise after watching its price. I rapidly invest my money with bitcoins and in it makes my profit higher.
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Its depends how much money you have. You can't simple invest your all money into bitcoin or any other alt coin. Investing is good but only if you have extra money and looking to spare it. While saving in bank won't give any benefits for long term. While the bitcoin have power to grow and much potential to increase as compare to other coins.
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Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
I think yes, I believe its Ethereum who can be replaced with bitcoins. I saw many people start using and investing with it. People are getting annoying by paying highly fee of bitcoins so they chose Ethereum now. Few months ago Ethereum price wasn't enough but now its just surpass 1k$. Its possible it will increase more in this year like bitcoin increased in 2017. |
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As we can we some of the coins under 50 sats went up recently, now I think many people are now joining in our crypto world. What do you guys think?
Bitcoin is free for all and everyone can join it. They're joining because they realize other altcoin give them profit but not much as compare to bitcoin's crypto world.Who don't want to make profit ? . I my self was a alt-coin trader. I earn profit with it but not much. After step-in bitcoin's world i realize why people lift their interest with alt and joining bitcoin's world . |
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