neither of them! local store owners are small businessman. Their business run on hard cash where no exchanger fees are applicable. Whenever a small business man accepts bitcoin, they will have to again pay fees to the exchanger to exchange that particular bitcoin in to fiat.

However, big corporate are easier to convince. But they run on numbers. so the dynamic price of bitcoin is not always good for their business. They will have to have a contingency plan in case the price depreciates. It is always better and easier for them to accept and spend in fiat.

It is indeed a good news that a financial transaction facilitator giant like paypal partnered with coinbase. But you have to remember one thing, that paypal is regulated by law of respective countries where they are providing service.

So the regulatory authority of that country can track your transaction very easily. So if you want to exchange a good amount of bitcoin, avoid paypal.

Try to use hardware wallet if you are holding any serious amount of bitcoin. The blockchain will take around 260 GB space in your hard drive and will take a long time to update initially, but safest to hold your bitcoin for a long time.

But if you are holding a little amount of bitcoin, then you can definitely go for coinbase vault. But again the coinbase is a third party service provider and hence if they go out of business, you will loose all your bitcoins.

That's day dreaming. Reaching to $4k is not an easy task and the market cap will not support this price. By the end of 2016 we may see bitcoin price may touch $750 to $800 level. But $4k will take a long time.

Probably at least 5 years it would take for bitcoin to reach 4-5k USD. It is not going to happen anytime soon.

Definitely Yes, but only if you have the capacity to hold it for a long time like 7-8 years. Otherwise the amount is really huge to invest.

Bitcoin gives a really nice return for long term only. If you are thinking of investing for 2-3 years, better choose any conventional investment like bank deposit or mutual fund.

The price will not increase after this....if the bitcoins come to market, then the price may get decreased further. However, if the owners of the auctioned bitcoin choose to spend it for other reasons or hold it as an investment. Then the price may increase.

But why USA agencies are confiscating bitcoins from the users?? this is bad and the awareness about bitcoin may come to a standstill. 

21 BTC is a very good amount but it is not even a million in my local currency. I guess I will go to a foreign university and invest these BTC in my education only.

Because investing in my own education will give me a steady return for my lifetime which nothing else can do. foreign degree will help me to get a dream job which will pay for my great life.

Africans can use bitcoin just the same we do in any other country. It was never advisable to spend your valuable bitcoin for buying groceries or mobile recharge.

I have seen there are many local exchangers available for Africa in localbitcoin. They can simply exchange their bitcoin for their local money and utilize it for betterment.

I wish I could started using bitcoin since 2011. But unfortunately I have started adopting bitcoin from 2015 when it was already popular and used by many people. So I have started earning in fractions from faucets.

Then I started trading bitcoin and also started p2p loans, then I started seeing big money. If I had started using it since 2011, I could have made a fortune for me by now.

It is absolutely impossible. Bitcoin can't just decrease the bank's value in any way. Bank is a well regulated and government backed financial institution.

Probably the blockchain technology can impact bank's daily routine due to which the banks may start adopting new technologies and diversify but it is not possible for bitcoin to decrease their credibility in any way. That just can't happen.

First of all, it is very very hard and almost impossible to earn 100 bitcoin from just 1 bitcoin by investing in altcoins. Instead of investing in ICO's , I will prefer investing in bitcoin or dash only.

If I have to hold some coin for a long time to get best return, then it would be only bitcoin and nothing else. Only bitcoin has the potential to go up to really high. No other coins has such potential.

The answer is simple "NO". It is because of the high withdrawal fees. Instead of paying so much fees, it is better to withdraw all your money through an exchanger in one go and use it for shopping.

Also I think bitcoin ATM is not a financially viable business. The installation and maintenance of an ATM is huge and to recover the expense, the ATM owner will have to take it from the users. So it is always better to use exchanger service to withdraw bitcoin.

I love everything about bitcoin and hate nothing about it. Bitcoin is a super power and it has a potential to make few of your dreams come true. I hate many other altcoins. Due to the huge number of altcoins bitcoin is not getting required investment which could have helped bitcoin to go in to 2k USD territory.

If possible stop using useless altcoins and start investing in bitcoin so that the market cap increases and we can see a huge price rise. 

That is really sad news. But thank god that you have not been thrown in to jail at least. You are free to stay with your family. Only your hard earned fortune is gone.

I hope you will soon recover the mental trauma of loosing so much money. Wish you best of luck brother!

HI everyone, I am renting out my avatar space at a nominal cost. I post around 5-6 posts every day and around 35 posts every week.

If you want to book it for one or two weeks, then the price will be $2 per week.

However, if anyone wants to book it for longer time like a month, the price will be $1.50 per week. For more details please send me a PM.

**Ponzi websites not allowed.

I wish to buy a secure future with bitcoin. I have started accumulating bitcoin through various activities since last year. Still I am accumulating only and I have no plan to sell these immediately.

I will continue my bitcoin earning activities for another 5-6 years and I really hope that I will be able to make out some big amount of money from bitcoin. Lets hope for the best.

Does gifting your kidney will make yourself feel good?? same here with bitcoin.

I can send bitcoin for buying any services or goods but never for charity. Bitcoin has a very high potential to go up to any price regime. Holding bitcoin is a very good investment and I would prefer to hold my bitcoin over spending it. 

Bitcoin is a serious matter and pokemon is a rather funny thing. However, if going to pokestop and earning bitcoin can be implemented then few people can earn bitcoin on the go. But will not have much impact on bitcoin pricing.

The main constraint for not accepting bitcoin by many business owners is that bitcoin transaction time. Once you made the payment you will have to wait for some time before it get confirmed. That's why I never transact in bitcoin, I just hold it as an investment.

Lol! I guess then you need to live for eternity. Because I see no chance that bitcoin will go up to $50k ever.

Probably bitcoin can go up to 2k or 3k USD but 50K USD seems absurd. To reach this magic number, the market cap of bitcoin needs to reach few trillion dollar which I doubt will ever happen. But I really hope this happens, because then I will be a millionaire.   

Bitcoin is not worth more than normal currency to me, but it certainly worth a value to me. You rightly said that the normal fiat currency doesn't have the potential to go up like bitcoin, but fiat is the only currency we use in our daily lives. I receive my salary in fiat. So no other currency can replace fiat from my life.

On the other hand I think bitcoin is surely worth my time and energy which I use every day to earn bitcoin. I treat bitcoin as an alternate investment and not as a currency.