Right time to buy bitcoin is when its price face a huge fall due to activities like a country banning bitcoin,hard fork occurring or other.In short,you should buy as much bitcoins as you can when most of people sell their bitcoins in panic.For example,before august 1 when bitcoin's fell down to $1,850 due to fear of hard fork or when its price recently fell down to $3,000 from $4,000 due to china's actions against bitcoin.

But such occasions do not come frequently.So,either you would have to wait.Or else,it would not be a wrong decision even if you decide to buy now since bitcoin;s price seems to be ever increasing if we see the past history of bitcoin price.Vry soon,bitcoin price may cross $6,000 as its price is already $5,574 now.

Bitcoin has no negativity.Its steadily progressing transforming the lives of many people by providing earning options and providing transactions at very low fee.It indirectly helps for the progress of a nation's economy by providing earning options to unemployed people.

Negativity is only with the people related to banking sectors and some governments like jamie dimon terming bitcoin as a fraud in his tweet and russian president putin terming it s a pyramid scheme.Some big whales too are very much interested in spreading FUD about bitcoin to make its price unstable.

Despite all these negative forces acting against bitcoin,bitcoin always serve as a ray of hope for most of the people.

Most of my relatives are scared about bitcoin.They don't even take enough time to simply term it as a scam.Either,they don't understand totally the concept of bitcoin or else,they just compare it with other online scams.They are not willing to trust in any thing which is created by individual parties other than government.

Some term it as pyramid scheme just like russian president putin while some others term it as  ponzi scheme like indian parliament member.But one thing is clear that they are only willing to trust the traditional way of currencies issued by governments.

Out of four of my friends to whom i told about bitcoin,only one has believed in my words and has even started to earn in bitcoins while the others did not show any interest.

Yes,every one has started to realize that bitcoin's progress could not be stopped by anything including hard forks,china ban on bitcoin exchanges,south korea ban on ICOs and now russia's ban on bitcoin exchanges.Even now,FUD spreaders are struggling to find a reason to spread FUD so that they could make bitcoin price to fall.Fear about china is no more.

Today,bitcoin price is $5,433.Investors have realized that hard fork trying to create bitcoin gold would also be a failure as most of miners don't support it.The only thing we have to get about concerned now is activation of segwit 2x soon as it has majority of miners support.

Bitcoin has already faced many hug falls and recovered.So,old investors would not get panic and they would just remain cool.Bitcoin has suffered huge price falls mainly due to FUD spread in the market rather than other factors.

Big whales have used BU,then hard fork which led to BCH,now china's actions against bitcoin to spread FUD and make newbies panic.Even now,it would not be a surprise if they use this situation of russia banning bitcoin exchanges to spread FUD that bitcoin price is once again going to collapse.

First,we should create awareness among the local retailers about bitcoin.They should be easily explained about the concept in which bitcoin works.They must be explained that once customer pays in bitcoin,the transaction could not be reversed.So,its safe for them.Also,when they accept payments in bitcoin,there is more probability for bitcoin price to only increase.So,their profits would get increased.Unless,bitcoin gets regulated,they should be said that they would enjoy tax free earnings from bitcoin.

Also,by acceptint bitcoin as payments,they would be able to attract more customers and increase their business.

The impact of bitcoin gold would be much less when compared to bitcoin cash.It does not have miners support since it recommends change of algorithm so that even it could be mined with GPU.They even term it as that bitcoin would return to true decentralization.

Now,it has almost become a trend to do hard forks and create a useless shitcoin.Just they are doing this to fill their pockets.Even more people of bitcoin community have also become eager to welcome such hard forks so that they could get some free coins.They don't even feel that it is spoiling the reputation of bitcoin totally.

One thing we could say is,that it is definitely going to be a failure.BU creators have set a very bad example by doing the first hard fork.Roger ver must be criticized for it.

Just add russia also to that list now.Russian president has also blamed bitcoin as a pyramid scheme.He has said that bitcoin is used for money laundering and illegal activities.Following this,the central bank of moscow has decided to ban all bitcoin exchanges through out the country.I think that these countries have thought that only combined action at the same time only would stop bitcoin's progress.

But the truth is entirely different.Nothing is able to stop the progress of bitcoin.Its marching towards ATH without bothering these bans.So,don't get panic.As you have said,there is no price fall.so,just hold it.

Definitely,china has already lost its position as bitcoin leader to japan.On one side,japan legalized bitcoin and started to gain importance in bitcoin market.on the other side,china took severe actions against bitcoin and made the way easy for japan to become leader in bitcoin market.Now,japan has the largest number of trades taking place in bitcoin.Previously,it was china and before that,it was US.

Other nations should learn a lesson and follow japan in welcoming and adopting innovative technologies.Otherwise,they would have to remain isolated from the main stream of development.

Bankers are the enemies of bitcoin forever.They consider bitcoin as their main rival.They try their best to destroy bitcoin.

Governments come under the second category.They just don't want bitcoin to progress more and so they take actions to ruin its progress just as china is now doing.

In future,quantum computers may become the worst enemies of bitcoin.It is said that they would be able to read the private keys of our bitcoin wallet with the help of public key itself.It will be a serious threat to bitcoin.

Bitcoin earning is free from tax unless it gets legalized or regulated in our country.
Our investment in bitcoin grows rapidly while money remains just idle.
With bitcoin,we could easily send even very huge amounts of money instantly with very low transaction fee.But with money,we would have to pay huge transaction fee.
When we send money via bitcoins,we need not have to give any of our personal details but while sending money,we would have to provide all our details.

I think that the person who predicted this price is highly optimistic because it seems to be tough to reach that price within that period.Segwit 2x is to be activated very soon and it has more miners support.We don't know exactly that what would be the impact of it over bitcoin and only if bitcoin survives after that,then only we could expect a high price rise.

Next to china,another communist country russia has taken the same stand against bitcoin.Putin has termed bitcoin as a pyramid scheme.He has to find some reason to blame bitcoin for money laundering,illegal activities.Russia has never been friendly towards bitcoin from the beginning itself.

Very soon,we could expect the central bank of russia to ban all bitcoin exchanges in the country.I think that russia has decided to take actions against bitcoin very soon after china and south korea have taken the action.I think that these countries believe that combined and continuous action against bitcoin would hault its progress.

.But,despite china and russia's actions,bitcoin price is marching towards $5,000.Bitcoin is turning to be the unstoppable force.

Definitely,using bitcoin more would give more exposure to it and it would attract the attention of many companies and retailers to start accepting bitcoin payments.So,more we use,the demand for bitcoins would increase and it would in turn increase its value.Even more people who don't even know about bitcoin would come to know actually what bitcoin is.By using bitcoins more,merchants would be pressured to accept bitcoin as a payment to face the competition.All these factors would directly or directly help bitcoin to increase in its value.

We have to accept that most of ICOs today turn to be scam.They are just launched only to loot the money from public.The scam list has started to increase very high nowadays.

So,we could easily understand that each government has an important role in protecting its citizens from such scams.China has kicked the first goal in this matter by banning ICOs.Now,korea has decided just to follow china.

I think that the ban on ICOs would not be temporary and governments would not show interest in regulating ICOs as there seems to be no benefit for them in allowing ICOs.

It would be just another shitcoin like bitcoin cash.We clearly know that only big whales got huge profits by pumping and dumping BCH and some people who had store their bitcoins in bittrex exchange which supported the BCH and got some extra cash.

Frequent hard forks are not good for the reputation of bitcoin and it may create an uncertainty among new investors about bitcoin.

Just some people want to make some quick cash and doing such hard forks and they totally forget the benefits which they got from bitcoins.

Banks always consider bitcoin as a rival.They have always feared that their profits got from transactions would get affected due to bitcoin.They have tried a lot to destroy bitcoin,but all in vein.It is also said that ripple was created by banking sectors as a competitor to bitcoin.Still,they continuously failed to defeat bitcoin.

Even two weeks before,we saw that JPMorgan Chase CEO Jamie Dimon tweeted that bitcoin is a fraud.It caused a great price fall in bitcoin.The banking sectors are continuously waging war against bitcoin.But interesting thing is that they are not able to stop the progress of bitcoin.

Its the most bitter truth they must have to agree.

Some people like your friend never come forward to take even small risks.Without taking risks,nothing could be achieved.But it should not be a blind risk and it should be a calculated risk.I think that your friend still would not buy even when bitcoin price becomes $10,000.Atleast,he should have learnt a lesson on analyzing the previous price history of bitcoin.

Yes,china's actions against bitcoin was a golden opportunity for big whales to spread FUD so that they could once again buy more bitcoins at cheap price.They know very well that already bitcoin investors all over the world are already concerned about china's policy on bitcoin.So,even a small spark of negative news about china would create a great price fall in bitcoin.So,the big whales just made use of it and filled their pockets.

Bitcoin is not in its end stage for people to think that even if they invest $1,000 today,they won't be getting huge returns as early investors.Bitcoin price was only $650 just last year and now,its price is almost $4,300.It has almost increased seven times than its previous price.So,what else return could be expected from bitcoin?

Another point that bitcoin price is higher and so people would start to invest in other coins like ethereum seems not to be a wise decision because we don't know actually whether those altcoins would give such huge returns like bitcoin.There is a huge difference between a horse and a donkey.It seems that you are saying that a person who wants to buy a horse would just instead buy a donkey since its price is less.No one would do that.