Bitcoin or gold ? I will choose both.
Both are volatile in nature bitcoin is more gold is less.
Return on investment is far more in bitcoins.
Transaction charges and time both are less.
Comes in digital format & secured by blockchain. 
Return on investments are less but security is there.
Gold comes in tangible formats, cash convertibility is quiet easy with world wide acceptance.
Can get loan against gold if needed.
Both have risk of getting stolen or lost.
I will invest 60% in bitcoin & 40% in gold.

Gold, Silver, Diamonds and all popular paper currencies are used in crimes.
Now bitcoin get added to this list. Ransomware attackers asked their payments only in bitcoins.
Australian government is  thinking of regulating bitcoin currency because they think decentralised bitcoin currency is getting used in drug trafficking,cyber crime as well as in money laundering businesses.
Russian police arrested three businessmen with 300sim & bank cards, who were running an illegal bank with round $9 million worth of the crypto-currency.
But this is not bitcoins problem that criminals are using it, but this may compel bitcoin currency to work under regulations.

Yes, and not able to understand why the price is rising with no major trigger.
Actually many negative things are happening with bitcoin currency like proposed ban by many countries. Different people have different views on this rise.
Some are firm that due to lack of regulating authority black marketers and drug dealers are driving this cryptocurrency.
They look at this price rise as bubble.
Some are prediction more price rise due to high demand and limited supply.
Some experts says, intentional devaluation of the Yuan and banning of high currency notes compelled  investors to send their money off shore in some secured tools.
These may be one of the reasons for price rise in bitcoin.
But its investors are happy & waiting for new high.

Bitcoin transactions and Bitcoins are protected by blockchain.
Bitcoin mobile wallets are provided by the exchanges you are dealing with so it may get hacked any time.
Rising price of bitcoin is attracting criminal activity like hacking, online fraud etc.
Its our responsibility to keep our wallet safe from them.
Use only recommended wallets.
Avoid sharing your personal informations like e-mails with strangers.
Use stronger & combined password.
Use updated antivirus.
Update firmware from time to time.
Always keep your private key safe.

It has already started. Following china`s ban Japan, Australia, Indonesia are thinking of banning cryptocurrencies in their country.
These and many other countries felt that these decentralised cryptocurrencies are threat to their economies, funds from these exchanges are used for illegal activities.
Ban by China affected bitcoin trades for a very short period of time.
Bitcoine slipped 20% sharp down, but recovered and even crossed $7200 mark.
Bitcoin using community must do something regarding the ban/ regulations by many countries this because bitcoin become rich by its rising price but not popular among people.

USD is dominating the whole world. Its in real terms a world currency, getting accepted, exchanged in any part of the world. So whenever change in price of USD takes place world reacts to it. Efforts has been made by many countries, European Union to create a strong alternative to USD but still $ is ruling. So cryptocurrencies get introduced. People got an option to trade without interference and influence of any government or institution. Trade of crypto/digital currencies needs laptops, smart phones etc which people already have. Use of these currencies is quiet easy and less expensive, less time consuming but most secured.

Many people don't know about bitcoins. Many think it as a internet fraud.
Ransomware attack created a bad opinion about bitcoin currency.
People think it as a tool of criminals/ hackers.
Bitcoin is a decentralised, antonyms currency, so not backed by any government or any financial institution.
Which is making it diffcult for general people to have trust in it.
Bitcoin using community with the help of mobile wallet companies, Bitcoin Exchanges must start a collective campaign for the promotion and awareness of bitcoins among people.

It is quiet difficult to tell someone about the right time to invest in bitcoins.
Bitcoin is quiet volatile currency, but now a day's its going in one direction only.
If you are investing for a long term purpose then invest 50% now and invest remaining capital after every dip in price.
If you want to play as a trader wait for a sharp correction, then start investing in installments.
By looking at the current movements investment in bitcoin will be always profitable.

Bitcoinis is not known in every part of my country.
People from metropolitan cities knows it.
We have bitcoin exchanges in our country.
Government itself has not decided the status of bitcoin in my country.
Its not banned transactions of bitcoin.
They are studying effects and side effects of bitcoin on our economy.
Central bank of our country advised its citizens not to use cryptocurrencies.
Many Asian countries which earlier allowed bitcoin as a legal tender are trying to regulate it as they fear the decentralised crypto money is getting used as a medium under the dark web for transacting illegal drugs and terrorist  activities.

I am living in a country where bitcoin is not that popular.
Bitcoin is a strange word for more than 50% of our population.
Those who know bitcoins think it as a internet scam or fraud.
We have bitcoin exchanges in our country but they popular only in limited cities.
It is not possible for bitcoin to replace fiat currency in day t day transactions.
Transaction in paper currency is free from transaction charges, however if bitcoin become our official currency we have to transactions charges on each trade?
In my country it is not convenient to carry internet backed mobile wallets everywhere for pity transactions.
Official status of Bitcoin for any country is possible only when it is regulated by the government of that country.

On 07,November 2016 bitcoin rate was $709 and today it has crossed $7100.
After seeing this magical rise in its value, buying of bitcoin is more profitable than mining.
Bitcoin mining requires a proper set up. It needs mining machinery, internet connection and uninterrupted electricity.
Mining activity consumes lots of electricity so one cannot afford the mining activity, where electricity charges are quiet high.
On the other hand if you invest the same mining capital for trading in bitcoin currency you will get handsome profit.
But for that you need to study the volatile movements of  bitcoins before investing.

One bitcoin as a gift from some one will be a big value in my country.
If i convert it in my currency then it will be Rs.4, 66,501.54.
If some unavoidable circumstances arises I will sell that gifted bitcoin.
As John McAfee claims Bitcoin will be worth $500,000 in three years, I will wait and watch.
I have one more option I will convert that bitcoin in fiat cash.
Will trade in bitcoin with 60% amount, and remaining money I will invest in other tangible assets like gold or in land.

Bitcoin is not the only cryptocurrency currently  operating in the world.
Buy huge response and success of bitcoin has compelled people to forgot other cryptocurrencies.
Blackcoin, Madisafe, Stratis, Siacoin, Ethereum are some popular operating currently.
As per the figures published by howmuch.net, world have in total $83.6 Trillion money. Among which $100 billion is the share of all cryptocurrencies. Bitcoin alone hold $41 billion.
But all these currencies are concentrated only in developed economies.
Value of these currencies are increasing with great pace but their use in practical or day to day life is quiet limited.
To increase their contribution in daily life government or merchant associations must take initiative.

If we see the development of bitcoin it seems impossible to stop this cryptocurrency.
Even after IOC ban by China, Japan and regulation impositions by Indonesia , Australia this currency is still rising.
If all nations  or Unions of the world took collective decision of banning or regulating bitcoin, then only this is possible.
Internet is the life of any cryptocurrencies. Major technical difficulty resulting in disconnection of internet connectivity for a prolonged period can destroy bitcoin.
Major cyber attack on bitcoin wallets or on blockchain can disturb bitcoin network.
Rise of any new cryptocurrency or any new concept of trade/ transaction and investments can compell people to change their focus from bitcoin currency.

Digital currency is the future of all the economies of the world.
Its a great news, relatively small country like Uruguay is taking a big leap.
The Banco Central del Uruguay (BDC) said in a statement that they are testing their own digital currency transferable via mobile based application. Up roaring price of bitcoin making digital & crypocurrencies more and more popular.
Many countries are taking initiative to create their own digital currencies.
Banks of countries like Singapore, Ecuador, Tunisia , Senegal, Sweden, Estonia have already taken steps in this direction.
Some of these countries are likely to take it a step further and replace paper tender altogether.
A world without the FED and the Dollar and the EUR.

Cryptocurrencies are secure, because they are decentralised in nature and often analyse digital transactions.
They also validate everything on public, tamper-resistant blockchains.
With more & more money getting invested in digital currencies than ever before, and particularly given that many investors are new to the system and may not know how to keep their investments secure, hackers are coming up with innovative ways to steal funds from such new investors.
Many types of wallets are available in market Desktop wallet, Hardware wallet, Paper wallet etc.
Among them hardware wallet is more secure.
Its like USB stick you can carry it anywhere.
Always keep your private key encrypted.
Now each bitcoin is quiet worth so secure it.

John McAfee told in his interview that bitcoin will be worth $500,000 in three years time. If we see the developments in bitcoin currency  $10,000 number will be achieved by December 2017. Popularity of initial coin offerings (IOC) and sales of new Bitcoin like cryptocurrencies may be the reason behind this.  Now question is , is it worth? Common people have nothing to do with currency prices rise because bitcoin price is going beyond their reach. Limited supply and growing demand is the main reason of sudden rise in bitcoin value.

Fiat currency is the need of many economies.
Developing nations as well as third world countries can't afford digital currencies.
They don't have adequate setup of electricity, internet connections, mobile phones are used as a medium of communication only.
Economies of many countries are worst affected by civil war and terrorist activities.
In such countries paper currency is the only option. Developed nations have developed economies so they can use digital or crypto currencies. They can replace fiat currency by bitcoin. But it will take time.

World currency is quiet broad concept, A global currency is one that is accepted for trade throughout the world.
Some of the world's currencies are accepted for most international transactions.
The most popular are the U.S. dollar, the euro and the yen.
Still there are nearly 185 currencies in operation US$ is world`s strongest currency.
To become a world currency bitcoin has long way to go, world currency is easy to accept, easy to exchange.
Many leading bitcoin using countries like China, Korea, Indonesia are banning use of bitcoins.
Bitcoin transactions needs infrastructure like internet connectivity, mobile wallet etc.
Due to sudden and continuous rise in price, bit coins are going out of range of most of the people.
So how it can become a world currency?

John McAfee, a cyber security expert has made a bold state regarding bitcoin, saying that each bitcoin will be worth $500,000 in three years time. As McAfee knows inside and outside of digital currency tool, his statement compelled many people think about bitcoins.
It will not touch $500 but will hit $100.
It is possible, If the whole world stated using bitcoins in their day to day transactions, but current sudden rise in price is making it difficult. $7000 how a common man afford this currency.
Its decentralised nature and limited supply will make it happen, but it will lose its status as currency & will become only a price Tag.