The issue of bitcoin legality that I think will be quite difficult because in some countries fear bitcoin can weaken the value of their country's currency and will make a monetary crisis. I think bitcoin is better to be a commodity as it is today.
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I now think the right time to invest especially in bitcoin is before hardfork because at that time bitcoin price will usually get price correction and it can be utilized to buy bitcoin because the price will be cheap enough.
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Do not keep all the eggs in the same basket, maybe it can draw what's in my mind especially in investment or trading world, because if we rely on only one commodity it's possible to fail and succeed it has a 100: 100 ratio so when we're lucky da managed to sell the commodity in a high price it will be very profitable for you, but when you are not lucky the commodity you buy the price directly weak then you will experience big losses too, so also in bitcoin, try not just rely on bitcoin, you can look for other altcoin that has potential for potential price movements.
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Bitcoin is not only an asset but also a promising investment commodity because of significant price movements every day, you can get a big profit if you bought a bitcoin when it has a price worth a hamburger. But if you just want to invest also not too late because the prospect of a potential price movement.
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Bitcoin and Altoin are strongly associated with the social media era including one of them is twitter, it can be used as a media promotion of their coin sales or programs related to bitcoin and altcoin transactions.
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You just have to follow the rules set by the bounty manager, if you comply with all existing rules and resolve them in accordance with the target then you will get an award in the form of tokens they have set before, and you can exchange on some web altcoin exchangers up to you aka exchanged for what coin.
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Government in some countries so far still can not establish good relationship with the name bitcoin, the government is afraid if legalize bitcoin then the value of currency in the country feared will weaken and there will be economic crisis.
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Instead of killing the income from taxes, it will not be taxed because in some countries there are no rules governing bitcoin and taxes. There are even some countries that block bitcoin because it is considered to weaken the value of the country's currency.
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bitcoin is not gambling, people who do not understand may think that bitcoin is gambling. bitcoin is the same as other investment commodities such as gold, share certificates and forex which have the theory of demand and inventory of the movement of price can be known by doing analysis of market action and the amount of supplies that will make prices corrected up and down this momentum can be used to take advantage as much as possible that we can get.
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Perhaps in the future paper money will be very few in number because replaced with electronic money but with the same value and more secure and practical in conducting transactions, it will also save the state budget because the cost of raw materials and production of money will be less.
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Certainly the government will block bitcoin because it is feared will make the value of the currency in the country will weaken and make the country will experience economic crisis, but if bitcoin just become an investment commodity then the country can come to invest in it and make regulations that controlling the commodity so that the country can controlling bitcoin prices that have been dominated by foreign individuals to anticipate the BTC price monopoly.
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Along with the advancement of time and payment technology in cash is now starting to decrease a lot of people have turned to payments based on electronic money technology more practical and safe, but this is not fully can be done optimally in my country there are only some methods of payment that must use the money electronics such as toll booths to speed up transactions and reduce congestion when queuing in tolls, in addition to electronic money can reduce the state budget in printing money and can be used for the construction of other facilities.
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The purpose of electronic money is to reduce the country budget in producing the money, if electronic money is applied then the state will be able to save the budget, and the budget can be used for other infrastructure development. but physical money will still be needed in transactions manually.
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I suggest to buy altcoin like eth and other coins that have significant price movement potential, you can see it in some exchange websites on price movement charts. but if you have already bought bitcoin is not a problem because bitcoin prices will continue to rise until the next few years I am sure with it.
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In the world of investment or trading must always be followed by the risk on every action we do, it returns to each of us as a trader or investor in managing these risks in order to become a profitable opportunity. Investing all our money is a big risk if we make the wrong decision, my advice "do not keep all the eggs in one basket" to anticipate when the worst thing happens we still have eggs in another basket.
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It is easy for me to predict the bitcoin price movement by looking at the order book on some exchange websites from there we can see where the dominant market action is done if the dominant is bought then the price will go up and vice versa if it is dominated by selling then the price possibly will decrease.
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I prefer to mine because the mining results can be more than the results of the purchase, because with the mine we can make the bitcoin itself without having to make a purchase, but to mine we must have the equipment qualified in order to produce a lot of bitcoin in a short time.
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in my country the bitcoin is not allowed and not legalized by the government if used as a currency-like exchange, I consider it a government effort to keep the currency of my own country and not fall and economic crisis.
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Yes I did not expect the bitcoin price would be as expensive as it is today, whereas I remembered when I was new to bitcoin, that time it was very cheap and I used to play online games, and I have bitcoin bit back then, if only I still have bitcoin as much as I used to be a millionaire hahaha.
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until when bitcoin prices will continue to rise? whether it will not affect the world economy? if it will indeed decrease, do you think when it happens? What caused it? and will go down to what price? will it reach the price when the bitcoin crew is born? will it rise again?
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