Bitcoin survive at least in a form of blockchain technology and its enormous transaction and mining infrastructure. This couldn’t be lost. But more and more competitors will appear with a time.
I'm not sure if Bitcoin can not go away like what you say, if you can prove it.  Bitcoin can still go away and lost compare to the other cryptocurrency. The bitcoin have a lot of competitors in the market and at this time right now, there is no competitors that can beat bitcoin if we will base on the whole ranking of the market but there will be a time that bitcoin will lose and go away because of the better features of a coin in the future. |
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I'm trying to understand why are so many people against bitcoin? is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?
I think those people are fully opposite of this virtual platform, and they are mostly any government affiliation agent. they are afraid of developing this virtual monetary world. they have a negative impression of this system. they think that if this system would be flourished then the conventional capital market and banking system will collapse. I think these are the main reasons behind this scenario. I think it is just because they don't have the knowledge about bitcoin to fully understand how good is bitcoin and that is why there are so many people who are against and have a lot of negativity about bitcoin but if they will get oriented or taught then it will be easier for the people to become a supporter of bitcoin because explaining how good is bitcoin will result for them to get convinced and become a supporter of it. |
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October 29, 2017 Bitcoin price ranges from $6,000 - $6,100 and today, bitcoin price is now $7,000. Are you surprise?
I think, if only those people who planning to invest in bitcoin manage to notice this sudden increase. I think there is a high chance that they will start investing.
I was surprised that Bitcoins reached $8000 just in Novemver. I thought it would reach $8000 before December. Price hikes are really fast nowadays. Hopefully it would be faster in the coming year of 2018. If bitcoins reach $9000 before 2017 ends, I wouldn't be surprised. The price of bitcoin is having a great price rally that keep pushing the price to go up and i am surprised too that the price of bitcoin reaches the price of 8,000 USD in just the month of november and i think that before this year ends the price will reach 10,000 USD and that will keep going up until the next year. |
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They are saying gold is better because gold is not volatile and it has a stable market's price which is a good investment for those people who doesn't want risky type of investment and if they want to have a comfortable investment then they can just invest in gold and have a safe place for their gold to be safe from any risk too.
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Bitcoin right now keeps on increasing its value, and many more cryptocurrencies are occurring.
Do you think someday bitcoin will end or will be replace by other cryptocurrencies?
Is it too late to invest?
Is there a chance that bitcoin will be down?
No, it is never too late to invest in bitcoin because bitcoin is volatile meaning its pricr could change in just a matter of time. And yes, there's a chance for bitcoin to be down because just like I said it is volatile. Besides, bitcoin is unpredictable so we don't know when it will increase or decrease. The price of bitcoin is unpredictable so it means that there is no fixed thing that will happen in the future for bitcoin. Bitcoin will just keep changing on its price anytime since it has no closing time for the market and it is just open 24/7 but even bitcoin is like that, it is still great to just put some money in bitcoin because of the chance to make a lot more in the future by holding bitcoin. |
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yes because only smart people who can use bitcoin, bitcoin digital and intangible money can only be used over the internet network.and smart people know which one is good or not for their future, therefore he buys and uses bitcoin to invest in the long run.
I don't think that the smart people can only use bitcoin because those people who are just average can still use bitcoin and make a difference in their lives. Bitcoin is a great cryptocurrency and it doesn't have any standards for the people who want to use it and get the benefits because with a great determination, they can already make a lot of difference for having bitcoin. It doesn't matter if you are smart or not, the only thing that matter is your determination. |
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The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin?  Bitcoin has similar functions as fiat. Like a medium of exchange as form of payment for goods and/services. But with Bitcoin, you can choose to hold it and let grow in value which will give you profit. Or trade with alts to widen your chances for more profit. There are alot of good things you can gain with Bitcoin...it's just a matter of making the right decisions. I agree with you that it has something that is same with the fiat currency and that is being a money that can be use to make payments for an item or service but the huge thing that make difference with bitcoin compare to the fiat is the possibility to make a lot of money by just investing in bitcoin and keeping it for long term. |
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All investments have risk. Don't pull all your money because bitcoin is still considered as a volatile investment. Its better to separate your investments in different kind of business like banks or buy a property which also have a secure return of investment.
I agree with you. It is better to have a diversification process and separate your money into different type of investment so the risk will not be that high and it will be just lower than the average risk. Diversification is the best thing to do and it should be done for the potential investor to avoid huge losses and to get a good cash flow. |
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I agree to this thread because this year is the best year for bitcoin because as we can see that the price grew a lot since the first month of year 2017. Bitcoin is keep on rising even this year is near to its end and i think that in the next year which is 2018 will be a good year for bitcoin also because of the possible adoptions that can happen.
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BITCOIN now has a good reputation world wide and most people are using it on payment, some groceries ( supermarket ) are accepting bitcoins, power and water companies are also into bitcoin and accepting payment.. here in my country bitcoin is well know now and can be use to buy things and pay bills !
It is a great thing that you can just use your bitcoin to pay your bills and other monthly expenses and that is a good benefit for the people there in your country that you have bitcoin to use and earn money to pay those things. You should also put some savings in bitcoin aside from just using it as money to pay things so you can have more money in the future once the price goes even higher. |
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Maybe it will become a coin of the future, let's see. Well, if you take into account all of its functionality, then I think that in the future it can become a reality, not a fantasy  I am sure that it will become a reality in the future, bitcoin has a lot of progress this year and it makes sense to wish for bitcoin to become the future of our money because it will give reliefs for the people who are worrying for doing huge amount of payments because they can just become anonymous and stay safe with bitcoin. |
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When all the bitcoins have been mined then it will result for more volatility because the market will be controlled by the people who have got the most supply and the miners will just earn from confirming transaction and it might be a threat for the life of bitcoin to stay longer because miners might migrate to another coin because of the issue in profitability.
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My goals in 2018, is to have my very first house that is being funded by earnings in bitcoin and also to have great sources of income aside from bitcoin so i will not worry if i will get some losses in bitcoin. My crypto goal is to have at least 3 bitcoin in my wallet for long term holding and to have the possibility to afford a lambo with just 3 bitcoins.
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I like bitcoin because bitcoin is easy to use, to send and to receive as payment. You can buy something where you are, that good right? You can earn bitcoin while working at home because bitcoin is easy to send and to receive worldwide.
Bitcoin is such a great currency because it is all in one and because of the good things about bitcoin, it gives a great opportunity for the people who want to use this kind of currency and also earn money while they are in home. Bitcoin is the best currency so far and i will keep sticking with bitcoin until my dreams will come true. |
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There is no hatred. It's ignorance you would have to deal with. So try asking questions so that a person can realize that he or she doesn't fully understand what Bitcoin and blockchain are. Then try to bridge the gap in their knowledge.
But you yourself would be the best example why a person should study Bitcoin. Tell about your financial achievements.
I agree with you. This is what we should do for the people who do not like or understand bitcoin, if they don't like bitcoin then ask them what is there problem and what are the things that they hate about bitcoin so we can defend bitcoin and try to clear things up so they will understand that it is not a bad thing at all and we should encourage them to learn or study the bitcoin even deeper so they will know the best things in bitcoin that will turn their don't like kinda status to being in love with bitcoin. |
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Are you a bitcoin fan? Do you spend a lot of time on bitcoin? Reading news, trading, or even writing your own analysis. But how did you first hear about bitcoin? Is it some articles you read about? Or just from a friend who has traded bitcoin for a long time? Share your experience with us.  I first heard bitcoin through my friend who happens to be my co-worker as well. At first, I don't believe him, because I thought to myself, how can an online currency produce some a great amount of money? But, after I tried it I was surprised and became addicted to joining campaigns and trading because it helps me earn a lot. Joining in a campaign and doing trading is such a good combination because the tokens or cryptocurrency that you will be getting in signature campaigns or any kind of campaign will give you those tokens and you can just sell it for money or trade it and make the money grow into bigger amount which is a better but risky thing to do but if you know what you are doing then it will be going to be worth it. |
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Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature of cryptocurrencies
They called on people not to get involved. Should we be afraid or the banks are!
Of course many banks owner was afraid to the digital money or what we called cryptocurrency because if you have a cryptocurrency you didn't need a bank to save and secure yoyr money so that they are afraid to bankrup there business so that many banks saying that cryptocurrency was not safe for oyr money. That is really possible to happen that the banks will lose a lot of users and it will result for having a bankruptcy because of the cryptocurrencies that are better place for making deposit or saving our money but as of now, i think that the banks are now on making a move to adjust their system to adopt this new type of currency so they will not get left behind. |
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Digital currencies are here because they their own feature and own reason to exist and not to replace the fiat. The fiat are here because they are for making transaction like for payment and buying things using it and there is no possibility for the digital currencies to replace fiat because the government will not allow that because they will not allow the decentralized currencies to have a dominance in the world.
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This is what i am also telling to the newbies that i am teaching and guiding in bitcoin they just need to keep their self calm because the market seems so aggressive in terms of its price but it can go only in one way and that is to go up and that is why they should just invest their money and relax and appreciate the price of bitcoin that will literally takeoff anytime.
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Most of the people may not know about bitcoin me or my friend's trying to continue introducing bitcoin to our area hope when they fully convinced they start using bitcoin
If you try to explain it to them then you should try to explain bitcoin at its simplest form and because of that kind of explanation then they will understand bitcoin easier and they will get your idea faster and it will help you to convince them faster. Trying to convince people into this kind of thing and almost like a too good to be true is indeed that it is hard to introduce to people but if you have patience and determination to convince them then it will happen. |
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