I would suggest that savings will never be invesvested on a 100 percent since we do not know if we will be successful in our planned business. So for me it would be good to atleast set the minimal value or amount that you are not afraid to lose otherwise you will get so panicked each time you will see that you are losing some investment. And fear is not so good for me. It will only cause a lot of trouble.

Bitcoin is money. Money is used in all sorts of activites. Good or bad just the same, it is used in any manner and in any way imaginable. Because bitcoin is money you can't always expect people to use it for good only. So what makes money bad aside from the good things it gives? It is the user or holder that makes it bad. So, bitcoin maybe a scam in ways that people use it, but in reality bitcoin is innocent judged guilty without depending oneself. Therefore bitcoin is user dependent, either good or bad depending on how we use it.

Well for me it depends on what business you would like to put up with bitcoin as payment. It will matter most as it is the key component for sales while bitcoin will only serve as form of money in digital form for easy access. I think because bitcoin is beginning to become more popular, it would be very tempting to somebody new to  bitcoin to use it as payments.

Clearly yes, because in the cryptocurrency world nothing is really predictable and on any given times prices may rise or just go down so easily. This makes things so complicated for those who are really so easy to discourage. Especially when holding coins long term. People should study the market well before doing any investments, learn some skills and start  with smaller investment values. This will help and yet not a guarantee to be successful always.

Yes I think the same as you. Ethereum is a good altcoin which may have been well planned due to its success. It stayed second to bitcoin. And it is a platform itself which makes it a very good coin to invest and I think it could still be going forward in the future. I even invested on it and have been holding the coin because I believe it is a working coin and is always in progress that leads other altcoin as well like a reference.

I think it does not give as much impact if people involved in cryptocurrencies will not pay. There are many sources for taxes aside from cryptocurrencies. It will be just a bonus point if taxes will be paid when holding coins. Since we are talking about money in a cryptocurrency form, holding coins is just like saving money. Do people pay taxes when saving money in a bank? Well I don't really know much about it but I know that when we do hold coins we get paid an interest. So I just thought this idea may be similar holding cryptocurrencies.

It is real risk or a gamble to invest on something which you will never know what the future is, not unless things just happened. Bitcoin is the same as it is always unpredictable. Everytime, things may never be the same as what have happened. So we really need the skill to help predict outcomes as closely as possible. This helps a lot, so that we will never fear it and risk will always be manageable. Don't fear risk as it is natural in business.

A centralized system is good such that there is always a management that oversees things. However there are concerns about bitcoin controlled because some freedom as investors might be taken away like when too much taxation can be imposed. Similar to exchanges for cryptocurrencies where the investors or coin buyer may not have the right to question their pricing values as a result it will be hard for you to really gain some profit.

Many have made a lot of loses and it was true. But somehow I believe that it will actually be going back to what was once the highest price of bitcoin ever. Certainly there are so many ups and down with bitcoin values and this becomes almost natural to see bitcoin behaving like this. We need patience and more usage for bitcoin because I really think that is the only way to make more profit in bitcoin while not actually just pumping it such that it appears to be like a bubble.

My friend who influenced me into joining bitcoin have bought a house and lot for his family and the other co-worker who is still a friend of mine had bought just the same. For me it is a wise decision because everytime the clock ticks a space is consumed and the earth is filled. So time will come that it will be hard to buy a place for your family.

Well it seems it did have recovered a bit. Yet not totally since if you really look at the graphs on exchange it seems there was a separation between bitcoin and altcoins. Ethereum and bitcoin is usually similar in behavior yet now ethereum didn't seem to be relative to bitcoin. It did pump just the same but ended up separate ways. Ethereum drops while btc is stable a bit. So I think the total market is not yet on the way to a full recovery.

"Call it dead when you see its corpse". bitcoin had always been like these for several times every year and this is something common to look at. The problem I think is that people are always complaining about it because they never looked at bitcoin in its history.

Back in the old times there are no high tech devices to hide or keep information. But they manage to keep things like treasures safe with some codes of their own printed or carved in stones and other materials for them to recall when it is needed. Just think of how they even manage to hide it? Is it not possible to do it today? You can mask your keys with a different code or change some letters on it that you only knew. You can even put the whole thing printed on paper and posted on your wall yet the wrong key with edited portions. Or may just use an offline computer or cellphone and hide it only you will ever know. Never put it online. And leave it just as a storage. Usb flashdrives are not good since it is oftentimes the medium for spreading virus that could hack information. There are so many ways only you will know.

It depends actually on the skill of a person where he or she is more exposed to.  If you learn more skill on trading altcoins then maybe you will be most comfortable in this than in a stock market or a real estate. On the other hand, It is very simple to understand that people do invest because they knew they could earn money. Because of this idea people are tempted to invest just like investing on stock market or real property.

You are correct about it. It is a real waste of time and money, of course given that you have to pay for internet connectivity. There are ICOs that extend so much of their time to really gain or make it successful but on most occasions we bounty hunters earn only several dollars worth of token and worse, sometimes are told not to be paid because they failed. So it is a sacrifice really because we have nothing that we can do but accept that we got nothing for the work that was done.

I understand through the data that you have given, gold and silver might just be better than saving in a bank. The only disadvantage is that it can be stolen and therefore needs a very secured vault.

This is because there is not much application of bitcoin in many of the localities. If stores, atm and other facilities would open for bitcoin, certainly this will open new opportunities for using it and further development on the use of bitcoin will be observed. Now there is not much utility applied to the use of bitcoin as a result real usage fall short over the number of persons who bought and hold it. Thus it results in more volatility because ones the holder of bitcoin decides to leave bitcoin because of profit or a loss certainly the price of bitcoin is affected. A chain of reaction can occur most often as people seemed to be so affected by a sudden drop of prices. So after the fall of price to a certain level, some of the coin holders will likewise decide to withdraw all of there bitcoin investments due to the fear of losing.

I think bitcoin, ethereum and ripple will stay as the topmost coins until the year 2020. I saw the potential with bitcoin and ethereum and still they will be on the top. If any altcoin will dethrone bitcoin before reaching 2020 then the cryptocurrency market will no longer be the same again since bitcoin is always dictating the market. The trust and confidence is always given to bitcoin and I can't imagine how will the market look like with other altcoins on the top.

Any amount of entry will be considered enough and good if you are willing to lose it. This is for me a standard rule. If you don't want to risk your money then try not to. Only the amount which you don't think is not so important to you should be the effective value to start with. Besides beginners must not be so speedy about things as cryptocurrency investments is entirely different from banking. You need a lot of skill here.

It is not quite correct to say that bitcoin doesn't have any value at all. Bitcoin do have a value, the entry point to have bitcoin is your paper money or your native currency. Which is logically a representation of your own money in digital form. Only because bitcoin adopts a system that goes with the law of supply and demand, that is why the values are changing. Had it not been the method used to give value to it and choose to used just a fixed value aligned to the actual currency then we can clearly understand that bitcoin does have a value and our views would have changed. Look at the paper in the paper money? Does the paper really hold a value? Isn't it really worth compare to the actual metal coins like those containing the equivalent gold or perhaps silver in coins? Of course the answer is no. But are you willing really carry several millions of coins to represent actual value? If you do then you would certainly use forklift to carry it for you when shopping at malls. How uncomfortable will it be!