Bitcoin, if legalized by all the countries of the world might reach a position where it might solve major problems. The international currency will be Bitcoin and the surplus and deficit in the balance of payments and exchange rates would be determined on the basis of value of Bitcoin. Not only this but unlimited other advantages will help solve issues. The cost of printing the paper money and the amount spent on the capital for printing the paper money will become zero.

The monopoly concept comes into my mind when I read a statement like this. The entry of some one who invest in huge amount or in bulk will rise the prices of the coin because he would hold a huge amount and in most such cases, he might become even the price maker. Correct me if I am wrong. This is because the aggregate demand and supply will be affected id he demands or try to sell. Such are the possible effects of the entry of potential billionaire investors

In my opinion, the better investment right now is investing in Bitcoin because Bitcoin is the only cryptocurrency which has the potential to give a forth fold output. There is a steady upward trend in the general prices now which means that the prices are going up and the speculated prices are high in future. Besides, the invested money in Bitcoin could also be use for other transactionary purposes.

Well investing at the cost of selling the basic necessity of life is not a good idea. It is rather a foolish idea which will render you to look for a rented house in case you sell the house. There are other options like sell your car or invest your savings which will prove beneficial in the future or in the end of the year as predicted by the bosses and gurus of the technology.

I am sure that bitcoin has the full potential to become the future currency. It is because it is highly liquid and with every new country accepting the technology, the chances of disappearance of the currency of that country increase because the more people will start using it. The need to print the money will decrease and in future, the paper currency will be very scare or even just in the museums.

It is silly to set and criterion to judge whether a person is a good gambler or not. A good gambler could never exist simply due to reason that gambling is entirely dependent upon the luck of an individual and we all have to face hardships in these backgrounds at some time or the other. Yes a good gambler could be marked by a single characteristic and he is someone not fallen prey to his own addiction.

If we look at the situation more deeply then we will have to accept this harsh reality that only support could not turn the turtles as we all need some kind of substitute for those things that were being previously provided by gambling for example if someone finds it as a way to enjoy then he definitely needs some other way to fulfill his pleasure seeking or it would more or less remain the same addiction.

You have an interesting story about first betting. But if I have to talk about my first betting then the first thing that I would state about it is that it was not much joyful and excited experience at all. I had some colleagues who were already indulged in this and they once took me to a nearby casino where I had bet only ten pounds for the sake of dice game and i didn’t won at that time due to lack of interest and experiences.

The government intervention in the market can pose a huge threat to the value of Bitcoin. Appreciation and depreciation are very usual on the charts for the last decade. But if you look at the market demand for the coins, the mathematical model of the theory of demand depicts that the prices will rise. The expected prices are high in the end of this year and you are right in saying that it can not be stopped.

Well I don’t agree with your statement. Reason is, if someone reached out at peak of its career, although it is in this worst game even, he wouldn’t be letting this thing go from him. Reason is, he had so much difficulties and problems while stepping up and now when he completed his journey towards his goal, you are telling him to leave this game and quit. He will never do it.

This occurs because of stupid people who don’t take care of their private keys. Listen dudes, all you know about your coins is just saved in private key. Once it is revealed to anyone, you will be losing all your investment with no seconds. So to avoid such circumstances, better is to relive your password every time and don’t tell it to anyone. Implement best practices for saving your coins from thieves.

Gambling is not a good activity neither in terms of finance nor in terms of mentality. This game makes people addict. They become greedy of money when once indulged into this. Reason is, they know that without doing anything if they can make so big money sometimes, so why not to try your luck every time. In this scene, they start losing one by one and ending up having nothing in hands.

You are playing so amazingly. Really if you are doing this and implementing what you have said in a right way, I believe you will be having much bigger amounts. Better is hold more because situation is not good for selling bitcoins. So in order to make profit out of your investment, you need to be more patient and keep investing and waiting for the prices to come out and sell then only.

Patience is highly required right now. Things are not good although but still we need to be relax and patient about selling bitocins. Reason is, now, this isn’t good time for selling bitcoins. They are low in price so must be having big losses if you sell at once. Good time is just coming and you need to hold bitcoins a little more. So when prices would become higher, just go and sell your bitcoins.

How we can call something the king if it hasn’t been in such down situations. A person never becomes successful until and unless he has faced so many difficulties in his life. So same is the case with bitcoins now. They are being called king of the world currencies in future so we definitely expect so big ups and downs because only these bumpy journey would have made them so strong.

All those who are sincerely concerned about bringing changes in their financial statuses are keeping an eye on the market values of bitcoin and they are so glad to see bitcoin market to be damn lower at prices. We should not miss this opportunity of becoming next rich people of the crypto world. Don’t ignore bitcoin at this price if you are really serious about a luxurious life of your family and yours.

That’s not true at all. Bitcoin is not going to deprive of your great wealth because it is the safest currency introduced to people so far. You are having full control over your currency because you only have the keys of your wallets. You are the one who only knows about the amount you are carrying in your wallets. It is not at all easy to hack the wallets. I am sorry but I would not support your stance at all.

You are right nothing survives long enough but the bitcoin technology is integrated in such s way that it is going to stay for a long duration of time.and with the competition of altcoins this technology has increased his life span. Its is going to grow further and further as soon as people starts knowing about the technology. Its still unknown to many people of the world living in rural areas.

The future of banks is not ambiguous or uncertain. Banks are still functioning in countries where Bitcoin is being traded and accepted widely.  Besides not everyone among us use Bitcoin for there is still a large number out there who do not believe in the technology or in simple words are illiterate in the subject. Banks perform wide rang of functions. You can open a current account which can let you withdraw cash any time or a saving account which gives return without having to think about the fall in the prices like they do in case of Bitcoin.

You sharp boy! But I would add that you do not need to sell your house to buy Bitcoin. You invest with the amount that is left after consumption. You can either take loan from a bank to invest in the coins or sell your car. House according to the theory is a basic need and one would have to live in a rented house after selling his own. Decisions like this leads to chaos. Explore alternate ways.