Bitcoin is a digital currency that was created by Satoshi Nakamoto in 2009.It is created electronically and impossible to control it.This currency are not printed currency like dollars or euros.Running computer all around the world are producing it.Owing to this reason they are different from other currencies.
because of the bitcoin currency not printed like currency dollars. and bitcoin only on the computer. Bitcoin is different from other currency cause bitcoin is digital currency only can use in computer, and bitcoin have big value that can be use in investing. This coin is without physical aspect but they have big advantage to human. |
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The dip is over now. Bitcoin will rise now!
Bitcoin now spreading his value and soon it will be given a high profit, bitcoin is facing a challenged a dip value, but now bitcoin will rise and shine and give hope to all his investors. Bitcoin always give a good profit. |
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I have an opinion investing in Bitcoin is very good today but do not expect too much for the future because we do not know the future so in my opinion we live what we have for the future we do not know whether good or not
Bitcoin is a good investment now but in reality we don't know what happen tomorrow in bitcoin we cannot predict there value. We cannot depend our future in bitcoin if we earn now, we need save our profit for future or we build a business cause we know, bitcoin is unstable we do not know if we earn or lost our money. |
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I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:
" like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
Bitcoin value it changes everytime it is not permanent nit like a paper money it's value is permanent and stable I strongly agree to that opinion, we all know that the price of bitcoin is not permanent and its because of the fluctuations of supply and demand on online market. In addition to that, every time the price of bitcoin is change and its because of being volatile where the price of bitcoin is not stable and it always change. |
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I have seen many ways to earn bitcoin, and still not familiar with some of it. I am a student and I wanna ask how to invest in bitcoin, and if students like me are capable of doing that already?
Please share your thoughts. Thanks.
Indeed. there are many ways to invest in bitcoin and it is up to on how you will invest in bitcoin. In addition to that, if you do not have any knowledge about bitcoin investing or investment you should collect more information and study it so that you can start investing in bitcoin. Anyone can really capable in investing in bitcoin as long they have enough money and they have knowledge about it. |
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Bitcoin can help people in many ways. Its wonderful to see that this technology is helping these people make money and be able to provide for their families by selling goods to people all over the world.
Actually, bitcoin can really help many people in ways like it can help them to earn good profit and especially money that they need in their daily life. In addition to that, they can use it as an alternative job where will help you to earn good salary. Lastly, bitcoin will really help many people to have better life and better future. |
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Its a very good news for all the consumers in Canada, I hope other fast food chain all over the world will follow accepting bitcoin as payment.
I strongly agree to that opinion, accepting bitcoin in buying KFC chicken is a very a good news to all bitcoin users and to all people who buy chicken in KFC. In addition to that, accepting bitcoin in buying their products will help them to make more funds and income. Lastly, it is more convenient to all bitcoin users because they can pay their bills instantly and easily. |
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It will survive forever. Even if the prices have dropped quite a lot in past few months, people are still investing. I think the prices have stabilized and thus investments are more safe. We need to work on two things to increase the life of bitcoins- bitcoin transaction fees and transfer time.
I think bitcoin will last forever if all investors will forever invest in bitcoin because if there is no investors bitcoin will really die. In addition to that, many people predict that bitcoin will last forever and I hope it would happen because many will get benefit from it and it will help all economy to grown up. Lastly, I think bitcoin will become our future currency. |
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Future of Bitcoin is very bright there is no doubt. In 50 years Bitcoin will become way too popular and profitable. As we can see people's interest in bitcoin is increasing day by day. Bitcoin transactions are increasing rapidly so we can say, Bitcoin will turn into human resources in the future.
No one knows what will be happened to Bitcoin in the future, it is hard to predict that it will die or exist for long time or forever. But I guess bitcoin will still run for many days , weeks, months or years and gave the opportunity to many people that change their life's. I certainly agree with that opinion, we do no know what will be happened to the bitcoin in the future and it is unpredictable. Yet, I believe it would have great future and it will last for many years. I guess that bitcoin will become our future currency that will accept both online and offline and it will consider as fiat. |
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I am looking for the best bitcoin wallet.
What do you recommend guys?
There are many kinds of wallet and it is up to you what wallet you want to use to secure bitcoin. I usually use online wallet like blockchain and coinbase where I can sure that my bitcoin is totally safe and secure. In addition to that, if you want to use online wallet there are offline wallet that you may use like ledger or trezor and they also called as hardware wallet. |
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yes for me the best investment is bitcoin the only thing that you need to do is by holding it and wait until the price goes up again
Buy bitcoin now and start to invest and wait for the right time to sell it. Holding bitcoin until the value is drop cause in this term you have big chance to become successful. Investing and holding bitcoin is a good choice cause you earn unlimited income. |
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Its mostly demand and supply that affects the price, but when it comes to bitcoin the price is manipulated by the whales by creating two conditions according to their needs, hype and panic. By doing this they become successful in controlling the price.
Actually, the fluctuation of supply and demand of bitcoin is most common factor why the price change. In addition to that, the whales are also can manipulate the price of bitcoin and I think the number of people who buy and use bitcoin can also affect the price of bitcoin. Lastly, the supply and demand is the main factor that affects price to change. |
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How to Secure Bitcoins?
There are lot of ways to secure your bitcoin like you can put it on online wallet or in hardware wallet. And then after you put your bitcoin on wallet you must keep the password or the private key in a safe place where no one can find it. Lastly, try to put 2fa or try to google authenticator so that you can make more secure your wallet. |
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advantages of bitcoin are it makes the mode of payment easily sending money to others is instantly fast like sending text also no tax in every transaction such a small transaction fee also you can buy some stuffs by the use of bitcoin and you can earn lots of money by bitcoin.
Actually, there are many advantages of bitcoin like you can able to use it in some mode of payment. In addition to that, the biggest advantages of bitcoin is in investment and we all know that it is good investment where you can assure that you could make huge amount of income and money. Lastly, bitcoin really help us to make and earn a lots of money. |
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I believe that bitcoin will continue to rise up high, because it is now slowly rising and I think this was really the beginning of the bull run. It maybe start in a verry slow way until such time that it will really rise. I believe that the bitcoin has a big capacity and capability that can really rise soon. Some of the speculation and speciation from expert is really amazing they said that bitcoin will rise at the end of 2018 I believe it would really rise base on its current price.
I also believe that bitcoin will rise again and it will become more expensive in the future. As of now the price of bitcoin is slowly rising and I think it is good because it may help us to gain some income. In addition to that, I hope it would really happen because it can really help us to gain huge income and more money. I hope the price of bitcoin will reached $20000 again. |
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at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
Whenever I try to make someone understand cryptocurrency, sometimes they do and sometimes they don't. I think it all depends on how open minded the person is and of course their background in today's progressive technology. But as I seen it, the person more understand me if they are around my age which probably means that they are more comfortable and open to someone from their generation. |
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I just got this question in my mind. What will happen if no one knows about the pasword of his/her acount will it posibly deduct to the main supply of bitcoin? Example bitcoin was 21million supply and one man got 1 million bitcoin he was holding and suddenly he died no one can open his wallet is it posible that the remaining 20 million bitcoin forever?
Unfortunately, I don't think the bitcoins can still be accessed or used hence they are lost until somehow the private keys are retrieved. But if you have someone to trust with your accounts and information, then you don't have to worry about this case of locked bitcoin. Though it will be hard to trust people sometimes, it will be good and practical to have someone to watch your back in this industry to make you sure your efforts won't go to waste. |
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What attracts you towards bitcoin?
I'm asking this because it could be different from person to person. Different people may like different aspects of bitcoin. So what do you like the most about it?
Bitcoin is a very amazing innovation. It is decentralized and it is free from any political influences. What I really like about it is how it helps people by making a new career for those who seek it. Investment and trading are new industries thanks to the cryptocurrencies that improves our economy. Bitcoin also made transactions faster by eliminating third parties in the business. |
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when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Different nations have different point of views with their economies. Some economies are too fragile that the cryptomarket might be a good call for it. But then the crypto market only need legalization to make things formal. This industry needs some appreciation and respect. Respect that the government shouldn't try to influence this great innovation. Hopefully, my country will still allow us to freely use cryptocurrencies. |
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Everyone in the crypto space has had people tell them that Bitcoin is worthless or that it doesnt have any true value.
Of course, thats infuriating to hear, but for investors new to the space, its sometimes hard to craft a good answer.
So heres a little cheat sheet for any newbies out there who get this question or accusation:
1. Bitcoin is safe. It cant be hacked because its decentralized.
2. Bitcoin eliminates layers of transaction fees.
3. Bitcoin is fast (especially after the lightning upgrade).
4. Bitcoin provides more privacy than normal transactions.
5. Bitcoin hedges against stupidity from central banks and governments.
6. Bitcoin cant be counterfeited.
7. Bitcoin isnt tied to other asset classes and is a hedge against other investments.
In short, Bitcoin solves massive problems with the financial and political world, and that is its value.
And because its the most tested and has first mover advantage, it has been established as a store of value, much like digital gold.
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I agree to what this person listed here. I will add the fact that the number of bitcoins are definite unlike fiat. I like it because there is no one who can influence the market just by producing unlimited amount of money. It will be fair especially to ordinary people who have a little effect on the market. Also, I love the feature of anonymity in bitcoin because I felt more secure that no one else knows my financial status. |
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