Just simply leave those negative thinkers in their way.No need to prove them.Just keep on working in bitcoins for your progress.After some time,they would get astonished by seeing your achievements in your life through bitcoins.Life would teach the greatest lesson for them.

Bitcoin is a decentralized currency uncontrolled by any authority.So,there is no such organization to do such advertising programs on T.V or other medias.Earlier bitcoin enthusiasts like Roger ver spent lots of money for bitcoin advertising but,later they became bitcoin antichrist to work against bitcoin growth.The only thing we could do is that we can advertise about bitcoins in social media.Thats the smallest contribution we could do for bitcoin progress.

Thats really a great and practical idea.I am also going to implement the same plan here after.Bitcoin price has been constantly increasing for the past six months from $850 to nearly $2530.No one would be ready to spend bitcoins for normal things except for desperate needs.Holding bitcoins would give huge returns.

Like gold,bitcoin is used as an investment.It gives more returns than gold.It has been used as a currency in early stages.But now,after its price has increased very high,it is mostly bought as an investment.In the same time,it is also used to buy products mostly online.In future,if transaction fee problem is solved,it would be even used to buy daily need products.

I store my bitcoins in my Electrum wallet on my computer.I have been using it for the past three years.No security issues.We can set our fee manually for every transaction as per the market conditions.We could even recover our account if we forget our password through the seed generated.

The only problem with bitcoins is the high transaction fee.Other than that,there is no security issue about over investment being hacked.Since it is pseudo anonymous,governments would not find problem in legalizing it since transactions could be easily traced out.No other altcoin has the potential to replace bitcoin.

More people are aware of bitcoin today yet there are people of considerable volume who don't know about bitcoin.If every one knows about bitcoin,its demand would increase more increasing its price as bitcoin supply is limited.Bankers would lose their control over the society more.More unemployed people would get opportunity to earn through bitcoin.

First,Bitcoin is not created to buy groceries.Bitcoin is volatile since it is not controlled by any central authority and it exactly reflects the price in accordance with the increase and decrease in demand for bitcoin.Its the wonderful technology which has made possible for even a normal person to transact without involving banks.At last,if you really don't like bitcoin,you better leave this forum forever.

First,it was considered that Japan would play a dominant position in bitcoin.But surprisingly,south korea started to gain attention globally due to its high increase in demand for bitcoin.Last week,when bitcoin was traded at $2800 world wide,bitcoin was sold at $4,500 in south korean exchanges.It seems that soon south korea would become a technology hub.

Bitcoin is no more economical for smaller amount transactions.It could be only used for higher amounts.New merchants are not coming forward to accept bitcoin payment due to late transactions.People too prefer to use bitcoin as an investment rather than as a currency.Higher transaction fees are also indirectly promoting people to use bitcoin as an investment only.

If there is no demand to buy bitcoins,then bitcoin would eventually die.But,with the ever growing increase in demand for bitcoins,its highly impossible for such a situation to occur.But,in future,may be after twenty years,when quantum computing would be introduced,bitcoin may die.But we could hope that essential preventive measures would be taken to avoid such disaster.

Now more countries like China and Russia are coming forward to regulate bitcoin.If it occurs,surely bitcoin earnings would be taxed.But the percentage of taxes may differ for each and every country as per their laws.But,it cannot be avoided in future.

That was an old article and its out of date.Many people would have had that kind of view when bitcoin was in its early stage.But today bitcoin has proven its potential many times despite the continuous actions taken by the bankers and governments to destroy bitcoin.Bitcoin has changed the world economy in a revolutionary way and it has become a life changer not only to me but to many unemployed youth too.Today,a person who says bitcoin as garbage would be looked as a garbage.

Banks and bitcoin reflect different sectors of the society.Banks get deposits from the people,lend it as loans to others and charge interests for it.Also it gets revenue from transactions.Banks would exist until it runs profitably.Banks would suffer due to government policies regarding currencies.Bitcoin is a P2P system where money is sent without indulging banks.Bitcoin is uncontrolled by any government authority.Its price would only increase due to its limited supply of 21 million coins.The only place where banks and bitcoin clash is the transaction section where bitcoin fee is much less than bank charges.But only low transaction charge could not be a valid reason to completely make banks disappear from the society.So banks would still continue to exist.

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Do any body know the exact reason for fall of bitcoin price? It has almost fallen $500 in the past three days.Any specific reason?

Just like others,i am also enjoying the bitcoin price rise.Bitcoin price was around $850 in december 2016 and now its price is $2700.We are leading towards financial freedom independent of any one.No more boring jobs.

That seems to be a practical idea which could be worked out.Bitcoin was around $850 in December 2016.Now within six months,it has almost trippled and now its price is around $2700.This idea could be applied instead of investing in altcoins and risking our entire investment.

People would get more confident in using bitcoin since it has been made legal.Demand for bitcoins would rise and probably,its price would rise high.Tax would be levied on bitcoin earnings.Banks would loose more revenues which they get from money transactions.

We are not early adopters.Early adopters were those who bought bitcoins in 2010 to 2013.We are also not late comers.Instead,we could say ourselves as middle men.There is lots of progress more to come in bitcoins and we too would enjoy benefits along with early birds.But the early adopters are very much blessed enough since they laid trust on bitcoins when no one believed that it would survive and i think they deserve for what they enjoy today with such a huge bitcoin price.