The media have a huge influence on investors. We have seen a huge amount of FUD being spread many times which led to big dumps of bitcoins on exchanges. There are many sites related to cryptocurrencies which are not professional at all and post misleading information. The same thing goes for politics, take China as an example. When they announced that they are going to prohibit using Bitcoin, the whole market started to panic sell because the vast majority of investors were from China back then.

Bitcoin is greatly optimized but it goes without saying that just like everything else has its own minor disadvantages or inconveniences. The great and complicated security often fails despite appearances. Furthermore, Bitcoin has a big margin for improvement . For instance, the transaction time could be even shorter and the transaction fees even smaller. Of course, these changes aren't required at this time, however, the cryptocurrency that wants to constantly develop and still be the largest and dominant must strive for perfection.

I also believe that banks will be replaced in the future by cryptocurrencies mostly because they are decentralised and have lower transaction fees (especially if you send a lot of money to someone). People will start to save money because their crypto investment will quickly gain on value. That's why I am trying to save as many bitcoins and possible. However, don't expect fiats to become replaced anytime soon. Governments will try to stop cryptocurrencies from further expansion, but let's hope that our community will try to continue using cryptocurrencies.

I spend less bitcoins than usual mostly because the price is a bit low. I don't see any point in spending bitcoins if the price is low because I can save a lot of money if I don't spend them now. It might be a good idea to buy altcoins because they are fairly cheap right now. It's an easy way to earn a lot of money if you wait a few months patiently.

The most important thing is to avoid wallets that store your private key because they control your funds. Ideally, if you don't want to spend money, use a software wallet and if someone is ready for an expense, it is worth buying a hardware wallet that works very well. The password should be stored in a place which no one else will have access to, and this is ensured by the hardware wallet.

The reason for this type of change isn't difficult to guess. The Japanese cryptocurrency exchange was robbed. A lot of people have started to fear too much and sell their Bitcoins or stopped to decide on further investment with BTC. Perhaps when the situation calms down and some time passes, the demand for Bitcoin and its value should increase.

Celebrities are characterized by a large amount of goods so they can devote a large part of it to the investment. Many well-known people have openly stated that they support cryptocurrencies such as Bitcoin and invest in them. Snoop Dogg, Jay-Z are just a few of the music scene who have invested in Bitcoin. From other well-known people you can't forget about BIll Gates who spoke in superlatives about BTC technology and how much it overtakes current times. Bitcoin is ubiquitous.

If you buy a cryptocurrency such as Bitcoin and want to make money from it, then it is hasty to say that it is too late to buy BTC. Each currency has an upward and downward trend, and once it grows and once decreases. After all, it is completely natural and it is ruled by so many factors that it's impossible to predict exactly when the growth will take place and when it will fall. Summing up, it's certainly not too late to buy Bitcoin because it can still bring a serious profit.

It's hard to treat it as an antique because the more blocks will be mined by the miners, the bigger theoretically should be the reward for mining the next block, besides, as we know over time, the prize for mining the block is constantly increasing. It seems to me that people in the coming time won't treat Bitcoin as an antique, but rather as a very expensive and unique currency.

Bitcoin isn't by an accident a leader and hegemon in the world of cryptocurrency. Many factors have influenced this important and top position of Bitcoin over a long period of time. What can make his position even stronger? The answer to this question seems to be simple, including reducing transaction fees should have a positive impact on how important Bitcoin will be. Reducing the time of transaction execution would also undoubtedly contribute to the strengthening of BTC's position. These examples seem to be the simplest ideas for improving Bitcoin

This is a very big simplification if we say that we will invest now and make a profit for the time. Unfortunately, it doesn't work that way. Bitcoin in December last year reached a level that seems unachievable for a long time now, all the more so because so many factors adversely affect the price of Bitcoin. For instance, falling stock markets, access to many sources of uninvited people and reducing the demand for the most-known cryptocurrency. It is worth considering the time of investment seriously and whether it will prove profitable.

It can't be denied that people use Bitcoin for this purpose because they want to. There are many reasons that make up the decision to use Bitcoin for money laundering. Many people, through Bitcoin opportunities, feel irresponsible for their unethical acts that have a detrimental effect on the structure of Bitcoin. Perhaps this is due to the fact that Bitcoin is considered by many as a currency associated with full anonymity and lack of responsibility for the phenomena caused by its users.

There are many theories about what factors would have a positive effect on Bitcoin's energy savings. None is obvious in one hundred percent, but the most likely solution to this problem seems to be the change in algorithm but it's not possible today. We can only guess how the situation would change due to such circumstances.

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We shouldn't be surprised that the media are negative in relation to Bitcoin. There are many reasons that affect it. Starting from the fact that the media are dependent on the government and, as you know, the government depends on the control of citizens and that's what banks allow them to do, and that is why the government wants citizens to store their assets in banks. Furthermore, banks can support many media's campaigns against cryptocurrencies, which is highlighted by the fact that the media is against crypto-reverse.

Maybe that's only a foretaste of what awaits us in the future and we can wait for something even more ground-breaking but I wouldn't say that Bitcoin has no future. The way it changed transactions in the world, how it influenced the convenience of use and how many people allowed to earn a fortune, does n't allow me to agree that Bitcoin is not the future. Let's look that more and more stores are introducing the possibility of paying with Bitcoin and more and more countries are legalizing it.

In my opinion, Bitcoin is the future of money. Let's take into account that civilization goes with the times, and people are taking part in the rat race to make our lives even more comfortable and continue to modernize what we can and as everyone knows, money, purchases, transactions, transfers and investments, in other words economy in general, rules the world and Bitcoin gave them the whole new level. Bitcoin, above all, empowers us so much that we can become an independent economic unit and we don't need any banks or loan banks.

Only the real ignorant is able to call a bitcoin a bubble or a ponzi scheme. Bitcoin is a currency and it is normal that it has its ups and downs we can't avoid it and the price is determined by demand and supply,  so the price current falling is no argument that bitcoin is a bubble or a financial pyramid. Firstly, read a bit about bitcoin and then make such conclusions. At the beginning, people said that the bubble will break after a year and today we are 9 years after this incident and bitcoin is good.

There is no denying that Bitcoin is the most widespread in Asia. there you can pay in many stores using it. countries like Japan legalize cryptocurrencies under the Act of 1 April 2017. Furthermore, China is a leader when it comes to mining bitcoins and turnover from exchanges. There is no use talking that nickname of the Bitcoin creator reveals to us a little bit of mystery about which countries rule in the world of Bitcoin.

I'm afraid that it isn't as easy as it looks like. It would reduce number of unemployed people in the states with permanent access to computers and the Internet but it won't solve the problems affecting the poor so much that they cannot afford for instance pc. We cannot be sure that mining bitcoins will be permanently profitable, especially since it consumes large amounts of electricity because it uses full computing power.