I slightly disagree.
With the government intervening with the processes and systems of bitcoin, rich/famous investors and even big marketing/trading companies who are responsible for the increase of its price would start losing interest, thus making it immaterial and irrelevant to the market which would decrease its price significantly. But this scenario is very unlikely to happen considering that the market is full of other alternate coins for investments. Not to mention, if bitcoins were to be illegal and you still chose to meddle with it, it is no different from transacting drugs/guns due to their nature being opposing to public morals.

Definitely has the possibility but with the number of other cryptocurrencies in the market as well, it may be highly unlikely by this year. Just to give you an example, last January 2017 the price of 1 bitcoin was around ~$1,000 and by the end of the year it closed to around $14,000-$15,000. That is a 1500% increase on its price in a span of a year! The question is, will that also happen by 2018?
A lot of people are speculating that the prices would reach around $35,000 by the end of 2018 but I think that it may only reach around $30,000 due to a number of factors in the market, like government interventions, pump and dump schemes by whales, county prohibitions, or even shift of interests. But there is definitely that possibility of its price exceeding $40,000 depending on the situation.

I couldn't agree more. Honestly, part of my earnings from my cryptocurrency investments are for lands and properties in the future. Here are some reasons on why land is considered one of the best investments for long-term:

- Land can be considered as a tangible asset and its value increases overtime;
- Having a lot of properties give you the option to either sell or develop them for personal/business use;
- It can be transferred generation-to-generation from your family; and
- No one can ever steal it from you when you have all the necessary paper works (to avoid acquiring possession through prescription of informal settlers if any).

I consider having a lot of properties as my end-game plan for my family. Even though investments coming from my cryptocurrencies are earning more, having property gives you the luxury and power in the country.

Anything to do with investing, trading, or even holding holds a risk especially when you consider its value today. That is why whenever someone invests, they set a goal whether for short or long-term and establish a cap for their investments. Whenever you also invest money, you should treat it as something that you are willing to lose. Let's take bitcoin for example, last 2-3 weeks ago its price fell down to around $14,500 after it reached the $20,000 mark. People on the internet began to spread news that bitcoin is dying, popping, etc. but today, its value is constantly increasing up to $16,700. The decision primarily lies on your goal on whether when you will withdrew it.

Username: qwertyup23
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I really am hoping to participate into your campaign sir! Will do my best to meet your standards while maintaining quality posts/threads.

Generally by looking at the price history, their has been a constant increase over the past weeks in most alternate coins in the market. Last week when the price of bitcoins fell down to ~$13,500, the prices of other altcoins increased by at least a considerable margin. Not to mention, the hype of some people built-up the crowd for a potential pump and dump scheme.
Another reason is that, some investors would ideally diversify their investments into some other coins and not relying into bitcoin alone. With this, they decrease their chances of losing everything and increase the possibility of them earning more in the future.

Hi,
While I do respect your opinion, I think it is immaterial for you to generalize Filipinos that desperate when it comes to earning income. Considering that the Philippines is a third-world country, people there would exhaust all the means of earning income to alleviate themselves from poverty.

Nevertheless, I do agree that most people here in the forum are making incomplete and meaningless threads/comments just to fulfill the obligation of posting for a pay. I just find it wrong that you mentioned Philippines while disregarding other countries as well. Not all people from that country are incompetent.

People tend to think that once the prices decrease, another cryptocurrency will dominate the market. Well if you are looking for short-term gains, then investing into some altcoins like ethereum, lite coin, ripple, etc. might be a good idea due to their potential in price. But bitcoin's price has been a little-stable since its price drop last month. It has been staying around the $14,000 mark. Personally, I found it funny that people who complain about NOT investing into bitcoin when its price skyrocketed up to $20,000 are the same people who are attacking and saying bitcoin's era is over. Embrace the opportunity and let time do its magic.

Though you diversified your investments into putting them to different coins, risking all of your savings might be risky. Considering that the prices are low, this may be the opportunity that you are hoping for especially that etherum has shown tremendous results from these past weeks. Now, you nust understand the repercussions of your decision since all of your savings should be the money that you are willing to lose.

I read some articles that people are starting to lose their minds since they invested all of their money for bitcoin and the prices suddenly decreased. You should be ready for any increase/decrease on its price and you should also consider on when you should cash them out.

The same cycle happening all over again. I find it funny that most people that I know that are complaining about not investing when the its price reached around $20,000 are also the same people who mock bitcoin as a bubble when it went down to $14,000-$15,000 currently. Make up your minds people! Bitcoin being a bubble is no myth and no new news. It definitely will regain its price by the following year considering that it has been consistently increasing today. Though you might want to try other altcoins for short-term profit, I do not believe that bitcoin would pop anytime soon.

Nothing is impossible, so definitely the chances of happening are slim but I believe that altcoins may at least catch-up to the price of bitcoin soon. The problem is, there exists a direct-proportional relationship between bitcoin and some altcoins that if bitcoin prices drop, altcoins' value will also follow. Interestingly, these past few days bitcoin's price decreased but some altcoins like ripple, nio, etc. showed a positive correlation with their prices in the market. Who really knows due to its nature being decentralized and volatile, we may see altcoins dominating the world of cryptocurrency.

I heavily disagree for a lot of reasons:

1. Bitcoin, being a decentralized and volatile currency, cannot be regulated by any government agency which primarily affects its price in the market. Its high volatility can potentially heighten inflation in a short-amount of time;
2. Bitcoin, being an intangible asset and a electronic currency makes it difficult for countries below the poverty lane to have access. Due to different economic discrepancies around the world, some countries still adapt barter system of payment and others still lack internet access; and
3. Though bitcoin can be beneficial to some people, its limited number of supply can potentially be abused by whales, thus controlling the market price of it.

Despite all of those reasons, bitcoin is still a good source of alternative income due to its price increase in a short amount of time compared to to other types of investments. Let those reasons not hinder you from investing on it and taking advantage of its high ROI.

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I really am hoping to participate into your campaign sir! Will do my best to meet your standards while maintaining quality posts/threads.

Well, you need to understand on why investing into bitcoin is a "high-risk, high-reward" scheme on where there is the potential of doubling/losing all of your investments in one go due to lack of collateral compared to others. Below are some of the reasons on why holding bitcoin is a bane or boon in the future:

1. Due to bitcoin's decentralized and volatile nature, the prices of it may skyrocket without sudden notice. Though there may be news incoming, no one ever can accurately predict its price;
2. Bitcoin exists on the internet, meaning there is always the potential threats of scamming your online wallet or losing all of it in the event that your online wallet gets stolen by the users;
3. Holding bitcoin may be an opportunity, especially when you consider its price increasing every single day but many big investors/companies are saying that it's the biggest bubble on the internet. Being a intangible asset, whales might manipulate the price; and
4. The lack of government intervention makes it very difficult to legalise into some countries and hegemonic countries might adapt a system of banning the said currency throughout the world.

Though there might be risks when we invest on it, we cannot escape the fact that bitcoin helped millions of people financially (including me). Not to mention, it already made millions of people rich by just holding it. Last January 2017 the price of bitcoin was around $1000. Let's say you had 0.1 btc and you did not spend it until now, then by just holding your 0.1 btc (which was priced around $100) you have at least made x20 since 0.1 btc currently is priced around $2000. There may be a sword of Damocles hanging by just keeping it, but the opportunity outweighs all of it.

Well it really depends on the individual on what purpose he/she has towards the bitcoins they receive. To give you an example, last June 2017 I accumulated a total of 0.04 bitcoins (which are priced today around ~$690). But the problem is, last June the price of 0.04 bitcoin were around ~$100 and I spent it due to emergency reasons. Yes, I regretted using my bitcoins since if I waited a couple of months, I would have accumulated more dollars but at that time I was in a rough situation wherein I lack the necessary funds to continue my schooling.
Two perspectives, two reasons and two phases which are regrettable but at the same time considerable in my situation.

When hope is fading and people are relying on things that may seem a streak of hope, then sharing tips to one another may seem the 'light in their darkness' which is relatively subjective. People will always cling to ways on how to at least reduce the chance of them, losing everything and that is why sharing tips may be necessary in this case. Though it may not always help, people would still try it. It may be purely psychological since gambling's nature involves risk but if they think that it benefits and helps them in their ways, then why not right?

This really depends on your capacity and decision. But be reminded with the implication of buying gold and bitcoin together. Personally, I would risk and invest into both as they are considered one of the fastest way of earning income in a short amount of time. The main difference is that, bitcoin is a TANGIBLE asset while bitcoin is a DIGITALIZED asset. Bitcoin's price may be highly volatile due to the number of investors investing everyday. Gold can be hard to acquire as its nature is very limited being a non-renewable resource. This highly depends on your choice and preference as an investor.

That is the ideal scenario, wherein all countries legalize the utilization of bitcoin for enjoying its maximum potential and benefits to the public. But again, there are countries out there who prohibit the use of bitcoins due to its decentralized nature. Meaning, bitcoin is being used as the main currency for illegal stuff, like payments for illegal transaction of drugs or other smuggled goods or things related therein. Every decision that a country accepts has always a negative implication, wherein bitcoin has its own faults. Like everyone said, nothing is perfect.

Personally despite having its faults, the opportunities and benefits it provide to the general public outweighs the negative impact on the country. Due to bitcoin, more people are sustained. Bitcoin can be the equalizer among the rich and the poor as everyone has the privilege of investing into it. Though that again might be the ideal situation, it may be far from now but it will definitely happen in the near future.

That what makes bitcoin very unpredictable, considering its volatile price and decentralized nature makes it very hard to determine the final price at the future. Considering that bitcoin is the hot-topic at the world currently due to skyrocketing of its price, no one really knows what will the future may bring. Big investing companies and investors are stating that bitcoin may be the biggest bubble in the history of the internet as it may soon pop, but others sees it as an opportunity to invest whether for short or long-term due to its high-risk, high-reward system.
I agree that it is very difficult nowadays to understand the future price of bitcoin but you must focus on investing first as tomorrow might be the unpredictable. Like what others say, expect the unexpected when investing into bitcoin.

I just accept and learn from my past mistakes. If the reason on why I lost huge amounts of bitcoins were due to a force majeure or something that is inevitable to happen, then I just accept it and risk again. Before investing or trading, I always treat them as money that I am willing to lose to prevent drastic regrets after. Some people also treat their money as something that is meant to be loss or to mature in a given time. Though the feeling sucks after losing a huge loss despite making it as money that you are willing to lose, you do not have any choice but to move-on and learn from it.