Bitcoin is not in danger, it is just in correction. The price of bitcoin might seem that it is really dumping and going back to the old prices but for me it is just a heavy correction because of the long run that bitcoin made from the past few months and i am confident that it will go back again to the top once the whales are done accumulating bitcoins.
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Bitcoin can be converted into cash. If you have coinbase account then you can sell your bitcoin there and convert it into cash or send it through your bank and get your cash there. If you don't want to transact online and you want to have a physical bitcoin to cash conversion then you just need to find a buyer for your bitcoin.
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It's totally impossible. Bitcoin can't eliminate unemployment but it can minimize unemployment. Obviously bitcoin is part time working place for unemployed people. It's gives them great financial support.
That is right and i agree with that. Bitcoin cannot totally remove the unemployment rate in our world because the world have a lot of unemployed people and the population of unemployed people are sure more than the supply of bitcoin so it is not possible to solve and since not all the jobs can be taken by all unemployed people.
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I think it is safe to say that bitcoin is recovering when the price of bitocin go more than 10,000 USD because the price of bitcoin might be just a bull trap for the bulls or buyers so i think that bitcoin is still in the stage of confirming or creating a confirmation if that is a signal for recovery or not for its own market in the long run.
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A lot. I have been scammed by a lot of HYIP or High Yield Investment Programs back then because i was just a newbie and the bitcoin is cheap back in the old days and all i can do is to just get into bitcoin and buy a lot and bet or invest into different investments that i will see in facebook and i am just investing because i see them earning and now i regret all of those decisions.
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Yes, we can survive without bitcoin because the time we don’t know yet all about bitcoin, we were able to sustain our daily needs with our families and we surpassed every problem in life without bitcoin. But we cannot set aside the fact that bitcoin has the advantage in many aspects and also regarding in life status by earning more money. But overall, we can survive but there are big differences when I know bitcoin.
Yes, I agree with your opinion. We will still live normally without bitcoin. But our quality of life is not as good as it is now. bitcoin has brought us a lot of profit and we should be grateful bitcoin. The electronic money market has given us a great job. For those who do not have a job like me, it is a gift. bitcoin has changed my life a lot and I am more respected when I have more money. Money is indeed the source of respect, when you have a lot of money, the people are respecting you and treating you as a superior compare to them. Money speaks and the people listen so i think that i cannot survive without bitcoin because bitcoin really gave me the freedom that i want and the power that i want in order to be respected.
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The market is slowly moving up and i really think that the market will have its new all time high after a few weeks because this price of bitcoin is just an accumulation stage for the whales because they just manipulated the price of bitcoin in order to make the other holders sell so they can buy a lot of bitcoin for their position and increase their bitcoin in their bags.
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Yes, bitcoin is a good investment because bitcoin is the first cryptocurrency, a digital currency, and its fragmentation, security, and anonymity are especially needed in the information age.
I agree with all of those things but for me bitcoin is a good investment because simply bitcoin is the king. There is no need to put some other words in that description, bitcoin is the king, when the bitcoin stand then all the other cryptocurrencies bow, when the bitcoin fell down then the other cryptocurrencies or altcoins also do the same which is simply a great indication that without bitcoin, there will be no path for the altcoins to follow.
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I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
I think bitcoin would be more influential if bitcoin will be advertised on the television. This will surely affect the growth of the number of people who uses bitcoin. We all know how influential television advertisements are but I don't think we are close to having bitcoin advertised on tv. It should be legalized first so that every country will have the chance of knowing bitcoin. Television is one of the main appliances that would complete a home. A home without it would bevome a less informant home that's why we can found t.v in most houses today. What I really mean to this is if bitcoin will advertise in television it would be a very effective advertisement. We can now see bitcoin related topics in the television and it is especially on the news because a lot of channels are talking about it because they are now aware of this great opportunity and it seems that the people are just wanting to go into bitcoin but most of them are afraid because they are too conservative for an investment.
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If bitcoin wasn't created then there will be no altcoins and there will be no other cryptocurrencies that will be created also that can be the solution for our world. Bitcoin is the very first cryptocurrency that is ever launched and without it then there will be no source for an idea on what to make in the internet because bitcoin became as a basis of their technology that they wanted to create.
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The market is on a huge sale and it is best to buy some bitcoin so you will have a good entry for an investment in either short term or long term because this is not going to continue for the rest of the months because there will be always rainbow after the rain which is the price pump or bull run for bitcoin again.
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Yes, most of the blockchain companies or electronic wallet provides a reasonable price in all there transaction fees. I think we should make some consideration and be grateful on what we have instead of ranting about the things which gives us stress and be selfish.
We don't have the choice but to just consider those things like the high fees in doing transaction because we don't have a choice, if we are not going to pay the fees then there is no chance for us to execute the transaction but i think that this is just temporary to have a high fees because the bitcoin core team developers are surely doing moves to make the fees lower and cheaper.
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The price of bitcoin is really reaching the bottom and this price crash is one of the best time to buy and also the other altcoins in the market. If you don't buy some cryptocurrencies yet then this is the time to buy and don't forget to remember after buying is you need to hold it and position yourself for a long term investment.
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Bitcoin is a digital decentralized currency stored on computer it is not a paper currency that can be kept in a pocket or ordinary wallet as we keep paper currency. Japan has accepted Bitcoin as a digital currency but, India is in a confused mood because they don't have a clear picture about Bitcoin.The central Bank of Israel says that they cannot accept this virtual currency but they accept it as an asset and first cryptocurrency using computer software .
Those decision are just temporary because they are still confused and they are not yet cleared about the bitcoin if they are going to accept it or not because bitcoin is not that simple for the governments and other people because it is hard to understand as a cryptocurrency since it is a new type of currency. But let just hope in the future that governments will really accept bitcoin so it will not be just an asset and so it can be a currency to spend also.
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You should invest in bitcoin as fast as you can because if you will not invest in bitcoin this year then it will be a huge regret for you because you will not have the chance for this year to enjoy the profits because after this drama and after the price of bitcoin reaches this very low price then i think and believed that the price can reach up to new all time highs.
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This is so impossible to happen because we already used to use different kinds of currency in each or every nation and that is why there will be no possibility for the world to have one currency because it is hard to balance the world's economy if we will just depending in one currency, we are good at different currencies and we don't need to have only one.
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Bitcoin should be consider as a legal global currency because if the government will just take their time studying bitcoin then i think that it will be a really great thing for them to use since bitcoin is fast and also cheap which they can use as a gateway to do some big transaction without worrying. If they will consider it as a global currency then a lot of people will use it because of the benefits.
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No, bitcoin is not dangerous to the people and in all aspects. In fact the company of bitcoin issued his coin to promote common good and make some changes in terms of currency in our market. They help each of everyone to have a better life where they no need to work hard for it.
I think bitcoin is dangerous, its price is volatile and it is also affected by many social factors. It is dangerous if you don't know how to get used to the volatility because if you are used to the volatility of bitcoin then there is nothing to worry about. You can also lessen being dangerous of bitcoin if you will study how to do technical analysis because that is how you can spot the best buy and sell or entry and exit point in bitcoin market.
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How to spread awareness of Bitcoin in a way so that old people start to use more bitcoin?
Make the newspaper full of campaigns related to bitcoins. Old people aren’t much interacted with this technology and social media. They prefer to read newspaper. So why not giving them every information on their page, right front of their eyes. This will give a big boost to the social camping of bitcoins and they will be more followed by the people who have even little knowledge about them. You already said it that the old people are not interested with the technology and social media and i think that even though it will catch their attention and curiosity then it will still be a no for them to accept bitcoin or even use it because it will be complicated to them to use bitcoin since it is related to technology and it is not for their generation.
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I agree on what have you said though bitcoin is pretty much convenient than a real money we cannot still depend on bitcoin because bitcoin is not an advisable thing for you to depend through out the time since bitcoin is decentralized it will disappear over a time even in the situation it would happen with.
Bitcoin is on a high volatility and that is not a good thing for us to just put our full time in cryptocurrencies because they will not give us consistent profits since the market can go up really high and go down really deep which is not a good thing for us to imagine because that is not a good sign for a source of income.
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