we have different definitions of success and for me, success is achieving everything you want in your life. Aiming high and being successful doesn't mean that a person is already successful, maybe to some people, it is, but the true meaning of success for me is being happy with whatever you achieve in your life. Being contented and accepting things as they are can be a way of achieving whatever success you want and also hardwork is another key to success.
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I think loss is one of the risks of bitcoins. Even though bitcoin keeps increasing its price, there's always be a possibility that it may also decrease and because of that it is risky, it is risky that you might lose all your investments.
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If your money only sits in banks, it would be better if you invest it in bitcoin. Price of bitcoin keeps increasing and this can benefit you to earn profit 20x more than banks, but turning all your moneys into bitcoins would be too risky, even if it keeps pumping and increasing its price,still we can't assure that it will stay like that.
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Crypto can be both an asset or currency, at first people used crypto as an asset where they believe that more years later, they it can make a lot of profit from it, but as years go by, more and more companies/establishments are accepting bitcoin as a currency that is the reason why more and more people are investing in bitcoin for it to be their asset in the near future and also for them to use it as a currency for it is so convenient and hassle free to use for transactions.
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Nothing is impossible, but how could some alt coins replace such a popular, most valued coin and known as the mother of cryptocurrencies. It will be hard for them replace it and change the whole system of cryptoworld.
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Everything comes to an end but today and the next more years will not be the end of bitcoin. Maybe in the upcoming more more more years. Maybe another cryptocurrencies will pump and level the value of bitcoin today but of course bitcoin will continuously increase its price and will always lead the digital currencies but bitcoin can't be replace by another crypto.
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For me i think it's better if you also have job and does not focus in bitcoin alone. It is not that bitcoin does not give enough money for you to just focus on it but having job gives you opportunity to do things you love and to show the skills you learned and to apply that skills in your chosen career. Bitcoin gives you opportunity to earn big amount of money but giving your best in your chosen career is much better than just earning money.
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FCI5zgjQW8AANx9G.png%3Alarge&t=663&c=I15FNhku6oSq6g) What do you like best about bitcoin? Decentralization, transparency or easier to move? Or just it makes you look cool? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I like all of it and of course i also like it because anybody can use it without giving personal identity (meaning it's anonymous) and also because internet and laptop is all you need to earn money anytime and anywhere you want.
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I can say that I know people who are doubting on how to make money in bitcoin but people who are against it, i haven't met one yet. Some people are doubting because they don't know how bitcoin works and how to make money from it but I think people who are against bitcoin feels the same way about it. The only difference is that, people who are doubting bitcoin finds way for them to understand more about bitcoin but to those who are against it prefer to close their minds to know more and to understand bitcoin and because of it they prefer to be against it.
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for me bitcoin can't be national currency because not all people know anything about bitcoin and not all people have bitcoins, and we need internet in order to transact and internet is somehow a problem to poor countries.
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yes i agree that bitcoin can't replace fiat. Fiat can be use anywhere by different levels of people, although bitcoin is an investment and currency to many who uses it to pay services/products, still it can't replace fiat, if it happens to be global currency, what will happen to those people who doesn't know anything about bitcoin and doesn't have any bitcoins, they can't buy anything, they still have to buy bitcoins in order to buy things? Bitcoin is an investment and currency to others that can be converted to fiat.
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More and more people are investing in bitcoin because of its continuous price, if this thing continue, it is possible that bitcoin increases its price from $17000 to $40000 and might continuous to increase by 2018.
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I think it is possible for etherium to reach and increase more than that price by 2018, it is considered as second to bitcoin and it is also possible because of more and more people are investing in altcoin especially in ETH.
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Not everyone wants to be rich, some just need money in order to live; to buy foods, to have safe shelter and to buy clothes. Some wants to earn money for their family and not for themselves alone. Poor people wants to feel the feeling of having everything you need without working heavy works 24/7 just to earn little amount of money which is still not enough to give their families better living. That is why people are grabbing opportunity to make money with bitcoins that helps more and more people to earn lots of money for the future.
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No, anything can be learned just like bitcoin, how it works, how to invest and earn money from it, and how to handle your investment. Studying and having high degrees in college doesn't mean that they are the only ones who can use/make moneys out of it (bitcoin) especially that colleges does not teach anything/everything about bitcoin (or maybe some colleges does, i don't know). it depends on people on how they want to be familiarize and learned things and everything about bitcoin.
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Bitcoin is just getting started gaining more popularity, because of its increasing price, people are getting more attracted to invest with it. If it continuous, more and more people will be interested to invest in bitcoin and because of this, people will not lose its interest rather be more interested to gain and earn more profit. If ever that bitcoin dumps, other people might switch to other altcoins but as soon as it pumps, people will switch again to bitcoin.
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People are holding their bitcoins because they believe that in the coming future, its value will increased to double, triple or infinite. They are looking for the right time when to sell their bitcoins and that time is when its value reaches people's goal profit.
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It depends on what you want to do , right now if you have Bitcoins and you think that the price is enough for you to sell it, then go, if not just wait for some more time when bitcoin's price also reach the same price (which is 19,000$) as last week or even more than that. Well, if you want to start investing, you might want to buy now before bitcoin increases or doubled its price or bitcoin might also continue dumping, i don't know, just monitor bitcoin's price and then decide to buy it or not.
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bitcoin is risky but dangerous, i guess not, it is risky in a way that you have to take risk in trading before you earn your goal profit. maybe it is dangerous to banks because more and more people are now investing in bitcoin.
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Earning money and transactions can be done easily with the help of bitcoin, It is beneficial in a way that anyone can use bitcoin anyway and anywhere they want as long as they have their laptops and internet, it is hassle free for a reason that no requirements are needed in order to use it.
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