The best to earn bitcoin for newbie is by working on a signature campaign, by the time when your membership level reach at least a "Jr. Member". There so many bounty programs in the bounty section but non among them is accepting a complete newbie. You should work on you account first. 

Indeed, 2017 is the most successful year for bitcoin ever and we are hopping to see more successful year for bitcoin in the future. The bitcoin value will continue to grow in the future as bitcoin has a limited number. The bitcoin has a limited number of only 16.7 million in circulation worldwide. Therefore, the demand of bitcoin is higher than the supply, that is why bitcoin is very valuable today and in the future as well.

No. you are right because bitcoin has a serious transaction problem currently and if the bitcoin core developers didn't install the right update on time, many bitcoin users will jump to the next train. Bitcoin was very fast but due to certain issues people are now paying up to $30 per single transaction which is really unacceptable.

What kind of rubbish is that? No hacker in the world can steal your bitcoin if you don't give him your private information. For a hacker to have access to your bitcoin wallet you must first give a hacker your private keys or wallet password. Therefore, without such information there is no way any hacker can hack your wallet and steal your bitcoin.

Well, I was reading the news the other day, I came across a Japanese company that will be paying the employees in bitcoin.  
 
Japanese company will pay part of workers' salaries in Bitcoin.
https://www.engadget.com/2017/12/15/japanese-company-gmo-internet-paying-salaries-bitcoin/

I don't think people will lose interest in other cryptocurrencies if dies because bitcoin will never die without a failure somewhere in it. So, if other altcoins can provide the solution for the bitcoin failures then people will turn to them and continue using them like the bitcoin. If bitcoin die, I'll definitely turn to ethereum.

Well, I believe someday bitcoin and other digital currencies would make banks disappear or even at least make them less important. In time, there would be a massive adoption of cryptocurrency by the people and that is the when banks would disappear by becoming less important to the people. 

Indeed, many new people and large corporations and even governments are now joining the cryptocurrency world. The recent bitcoin price boom went viral on social media and that attracted my people and companies to start investing in both bitcoin and altcoins.

Encryption Becoming 'Public Safety Issue' - FBI



Encryption technology has reached a stage where even government agencies like the FBI don’t have the technology to unlock hidden data. In fact, it’s mathematically impossible to break many advanced forms of encryption, regardless of technology or available budget.

While the world’s most well-known investigation authority is tasked with providing the US government with crucial intelligence information, it is struggling to follow up on investigations due to advances in data encryption.

As reported by Reuters this week, the FBI was unable to crack over 7,800 devices that contained information the FBI considered vital to ongoing investigations from 2016-2017. The agency has been given legal authority, by the courts, to try and access the data on these devices, but they were simply unable to do so because of the high-level encryption used to protect the information.

FBI director Christopher Wray delivered these statistics in an address at the International Conference on Cyber Security.

While unpacking the challenges facing the bureau, Wray maintained that the FBI supports advances in encryption and information security. However, that has become a double-edged sword that is making the FBI’s life increasingly difficult:

    “We face an enormous and increasing number of cases that rely heavily, if not exclusively, on electronic evidence.”

Making progress in this regard will take “significant innovation,” according to Wray, but the FBI head does not consider it impossible. To date, half of the devices safeguarded by encryption have been inaccessible, Wray said in his address.


Goes both ways

While the FBI’s sentiments relate directly to investigations where they have been given legal access to try and break through encryption to unlock information, both state and public individuals have vested interest in encryption technology.

Messaging apps that utilize encryption technology have become all the rage, allowing people to communicate without fear of being spied on- for whatever reason. Encrypted communication platforms have become vital in repressive nations like Iran, for instance.

Nevertheless, governments around the world have pushed for regulation that allows widespread surveillance of the public. The United Kingdom has done so in a number of instances.


No such thing as soft encryption

The FBI faces an uphill battle against encryption technology and there seems to be no middle ground in this regard. The essence of encryption is to safeguard information by granting access to authorized parties only.

Whether or not agencies like the FBI have been given legal authority to decode encrypted data, they are still deemed unauthorized by the encryption itself.

The irony here is that modern-day encryption technology stems from developments made primarily by military operations decades ago. The need to protect sensitive information being sent during war times can be attributed to the development of various encryption technologies, which are now widely available to the general public.

Once software developers got their hands on the basic code, like the so-called cypherpunks who laid the foundation for the cryptography that powers Bitcoin and other cryptocurrencies, massive strides were made.

In the quest to safeguard information, encryption developers weren’t about to create a backdoor for the FBI and other security agencies to make use of. That would defeat the point and create an entry point for nefarious entities to get their hands on important information.

The most likely course of action will be the development of better decryption methods. It’s highly unlikely that software engineers will be making less powerful encryption technology in years to come.


Source: https://cointelegraph.com/news/encryption-becoming-public-safety-issue-fbi

‘Nothing Finalized’: South Korea Gov’t Ministries Diverge Over Crypto Ban Proposal



Conflicting reports today, Jan. 11, have led to confusion after a South Korean minister announced plans of a bill intended to ban cryptocurrency trading in the country.

According to Reuters, South Korean officials are working on documentation that will make it illegal to trade virtual currencies on local exchanges.

The country’s Justice Minister Park Sang-ki said the decision comes in the wake of discussions and agreements between governmental departments, including its Finance Ministry and financial regulators.

Reuters reported that Sang-ki announced the ban in a press conference, stating:

    “There are great concerns regarding virtual currencies and the justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges.”

However, South Korea-based Cointelegraph contributor Joseph Young reported on his personal Twitter today, citing local sources, that the South Korean Ministry of Strategy and Finance does not agree with the proposal from the Ministry of Justice to ban cryptocurrency trade in the country. Young reports that a final decision has yet to be made.

    South Korea Ministry of Strategy and Finance (MSF)

    "We do not share the same views as the Ministry of Justice on a potential #cryptocurrency exchange ban."

    MSF is upset MoJ released premature statement.

    Massive confusion.https://t.co/anbsOJz1KX
    — Joseph Young (@iamjosephyoung) 11 января 2018 г.

As reported on Dec. 25, South Korea set up a task force to create legislation for the rapidly growing crypto market in the country. Contrary to an outright ban, the body plans to regulate cryptocurrency exchanges as legitimate financial service providers, and ban foreigners and underaged investors from trading on South Korean exchanges.


FUD leads to sell-off

The popularity of cryptocurrency trading in South Korea has seen the price of virtual currencies trading far higher than exchanges in different countries.

Nevertheless, the minister’s remarks led to a sell-off of cryptocurrency. The Bitcoin (BTC) price in South Korea plunged 21 percent down to $17,064. This lower BTC price in South Korea is still far higher than the average Bitcoin price on CoinMarketCap ($13,501 at press time), which excludes South Korean exchanges, due to the divergence in prices of cryptocurrencies in the country.

As of late December 2017, South Korea accounts for up to a fifth of global cryptocurrency trade.


‘Raids’ on exchanges embellished

Reuters also reported Jan. 11 that South Korea’s largest cryptocurrency exchange operators were “raided” by police and tax authorities amid allegations of tax evasion this week.

According to Reuters, an official from the popular South Korean exchange Coinone said authorities regarded exchange operators in a negative light:

    “Local police also have been investigating our company since last year; they think what we do is gambling.”

Once again, word from correspondents inside South Korea is that the reports of a “raid” are not accurate, and have been embellished by mainstream media outside the country.

Cointelegraph’s South Korea correspondent this time retweeted CNBC’s Cryptotrader host Ran Neuner, confirming that the so-called “raids” on exchanges were actually just routine visits from tax authorities. Young notes that local media are calling the “raid” an “unexpected friendly visit”:

    Fake News Reuters claiming South Korean #cryptocurrency and #Bitcoin exchanges were raided by police.

    While local reporters and other media outlets are reporting it was an unexpected friendly visit.

    Raid means something completely different @Reuters https://t.co/0c9NOApSKY
    — Joseph Young (@iamjosephyoung) 11 января 2018 г.

Another South Korea-based trader noted on Twitter that the situation was a result of confusion both on the part of authorities and the exchanges themselves, who are reportedly willing to comply if given applicable legislation is put into place:

    “There's a lot of confusion on all sides, gov. and exchanges.”

On the fiat side of things, on Jan. 7 local South Korean media reported that the country’s authorities were planning to probe six major banks to look for alleged money laundering linked to cryptocurrency exchanges.


Source: https://cointelegraph.com/news/nothing-finalized-south-korea-govt-ministries-diverge-over-crypto-ban-proposal

Goldman Sachs Admits Bitcoin is Real Money, Cites Use Cases in Developing World



White shoe investment bank Goldman Sachs has admitted that Bitcoin and other digital currencies could succeed as real money in developing economies. Goldman strategists wrote in a recent report:

    “In recent decades the U.S. dollar has served its purpose relatively well. [But] in those countries and corners of the financial system where the traditional services of money are inadequately supplied, Bitcoin (and cryptocurrencies more generally) may offer viable alternatives.”

Nonetheless, the investment bank warns against expecting 2017-level returns:

    “Our working assumption is that long-run cryptocurrency returns should be equal to (or slightly below) growth in global real output—a number in the low single digits. Thus, digital currencies should be thought of as low/zero return or hedge-like assets, akin to gold or certain other metals.”


Changing tides

This is a remarkable change of tune from the skepticism with which big banks and “mainstream” investors have generally treated digital currency. JPMorgan Chase CEO Jamie Dimon famously called Bitcoin a fraud last year, while legendary billionaire investor Warren Buffett insists that Bitcoin isn’t money and people should stay away. Likewise, hedge fund magnate Ray Dalio dismisses Bitcoin as a bubble.


Outsized importance

Goldman Sachs holds outsized influence in the world of finance and politics. Both The Independent and Al Jazeera refer to Goldman as the bank that controls the world. The Atlantic is only slightly more subtle, referring to Goldman Sachs’ growing influence in the US government as “The Quiet Coup.”

Likewise, the Huffington Post has written extensively about the “revolving door” between Goldman Sachs and the US government. The publication points out that two Goldman Sachs CEOs - Rubin and Paulson - have served as US Treasury Secretary, and former CEO Jon Corzine became a US senator. Other Goldman alums serve in various positions throughout government and finance.


Source: https://cointelegraph.com/news/goldman-sachs-admits-bitcoin-is-real-money-cites-use-cases-in-developing-world

Goldman Sachs Admits Bitcoin is Real Money, Cites Use Cases in Developing World



White shoe investment bank Goldman Sachs has admitted that Bitcoin and other digital currencies could succeed as real money in developing economies. Goldman strategists wrote in a recent report:

    “In recent decades the U.S. dollar has served its purpose relatively well. [But] in those countries and corners of the financial system where the traditional services of money are inadequately supplied, Bitcoin (and cryptocurrencies more generally) may offer viable alternatives.”

Nonetheless, the investment bank warns against expecting 2017-level returns:

    “Our working assumption is that long-run cryptocurrency returns should be equal to (or slightly below) growth in global real output—a number in the low single digits. Thus, digital currencies should be thought of as low/zero return or hedge-like assets, akin to gold or certain other metals.”


Changing tides

This is a remarkable change of tune from the skepticism with which big banks and “mainstream” investors have generally treated digital currency. JPMorgan Chase CEO Jamie Dimon famously called Bitcoin a fraud last year, while legendary billionaire investor Warren Buffett insists that Bitcoin isn’t money and people should stay away. Likewise, hedge fund magnate Ray Dalio dismisses Bitcoin as a bubble.


Outsized importance

Goldman Sachs holds outsized influence in the world of finance and politics. Both The Independent and Al Jazeera refer to Goldman as the bank that controls the world. The Atlantic is only slightly more subtle, referring to Goldman Sachs’ growing influence in the US government as “The Quiet Coup.”

Likewise, the Huffington Post has written extensively about the “revolving door” between Goldman Sachs and the US government. The publication points out that two Goldman Sachs CEOs - Rubin and Paulson - have served as US Treasury Secretary, and former CEO Jon Corzine became a US senator. Other Goldman alums serve in various positions throughout government and finance.


Source: https://cointelegraph.com/news/goldman-sachs-admits-bitcoin-is-real-money-cites-use-cases-in-developing-world

Congratulations, be ready to buy bitcoin at higher price if you don't buy it again buy now.

The major risk involved with bitcoin investment is usually hacking. And once you have an offline bitcoin wallet to store your bitcoins then you are safe because no one can access your offline wallet but you.

Store your bitcoins in an offline wallet. Once you keep your bitcoin in an offline wallet no one can access it but you. Most of the hacking incidents that you are hearing it happens majority with the online wallets. but once you store bitcoins in an offline wallet you are safe.

No. It is never too for anyone to invest in cryptocurrency. The cryptocurrency has no age limits. Anyone can invest in cryptocurrency, if he knows what he's is doing from young to old. cryptocurrency is an investment opportunity for all. 

Bitcoin is a peer-to-peer digital currency that is fast, secure, and decentralized. Bitcoin is now acceptable worldwide. Bitcoin transactions are instant without delay globally. Bitcoin offers people more freedom by giving them total control of their money.

No doubt, banks are afraid of bitcoin even from the statement made by Jamie Dimon, there was a sign of fear in his statement when he calls bitcoin as a "fraud". Banks are afraid of losing losing their customers and losing control of the money circulating around without them touching a piece.

No. it is never too late to invest in bitcoin. Anyone can get involved or invest in bitcoin at anytime but the earlier the better. you can invest in bitcoin now and plan ahead for the future because people who invested for long-tern tend to get more profits.

I think the majority of people would be using bitcoin and other cryptocurrencies by the year 2025. The massive adoption will take place around that period. Almost everybody is interested in cryptocurrency but people are afraid of losing their money but in time people will adopt cryptos.