Bitcoin is not even legalised in many countries still now. Italy has decided to impose tax on Bitcoin earnings.In other countries, there is no tax for bitcoins.The amount charged while converting Bitcoin to fiat and fiat to bitcoin is the transaction fees and not tax
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By this time, Bitcoin price would have crossed $1000 if Bitfinex hadnot happened.See btc is slowly but steadily recovering from that disaster.Hope such incidents will not happen in future.
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I think Bitcoin price will not fall below $500.BTC price is expected to cross $1000 by the end of this year.Its because of Bitfinex crisis, btc price fell down.But now its recovering nicely.
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In bull trend, its better to hold Bitcoin because the price will be going high and it will yield you high returns.
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Bitcoin will be used by more people in 2022 but not by almost everyone.In our india, i think about more than 90 percent of people dont even know about B.itcoin.Its a long journey for Bitcoin to reach all people
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Its always better to invest money rather than saving it. Investment yields returns and savings dont. Savings remain idle and investment grows.
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Yes, its true when bitcoin prices goes very high, it means fiat prices has lost its value.At that time, there will be no use in converting Bitcoin into fiat.You can start buying goods directly using Bitcoins.By applying this method, you can even avoid the exchange fee.
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In desperate condition, i will try my best to get loan from my friends. If it becomes impossible, then i would try to sell my bitcoins but with half heart.
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Bitcoin cannot replace money because money is supported by governments and so people have more trust in fiat currency than bitcoin. But bitcoin will be the secondary payment method.More over governments takes steps to maintain the stability of fiat price during huge inflation and we cannot explain in bitcoin because it is a decentralised currency
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Yes, its a very good idea to buy a house when Bitcoin price goes high. I hope it would become possible after the next bubble.
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Bitcoin would be still popular even if it had a stable price. Due to stability in its price, more companies have started to accept bitcoin. Due to low transaction fees, Bitcoin would be still popular.
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Bitcoin is known to very small number of people in our community.Most people first dont even understand how Bitcoin works.They feel its not secure to have Bitcoins. They prefer Fiat currencies backed by governments rather than crypto currencies
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Bitcoin is a digital currency.The prce of Bitcoin could reach $1000 by the end of 2017.Big companies have started accepting Bitcoin as payment.Economic crisis is expected to happen soon and at that Bitcoin would be the only choise of people. At that time, Bitcoin price woulg go rocket high.
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The most important thing which makes bitcoin strong is the block chain technology.The governments and bankrers have tried a lot to break thus blockchain technology, but they couldnot.
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Bitcoin has given me a new way for earning. It has given me financial freedom.The best thing about Bitcoin is we can send huge amounts of money at very low wages
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Yes most banks have decided to use block chain mechanism used in Bitcoins because of its high security.They find it worthful to save details in block chain mechanism
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Bitcoin will not drop like last time.Bitcoin price is more or less stable from last few months.Some incidents like Bitfinex crisis do have an impact on bitcoin price, but its price will not fall that much as before.
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Bitcoin is not popular than US Dollars.US dollars is in the market from more time, but Bitcoin is in its early stage.US Dollars is accepted worldwide for payment whereas Bitcoin is accepted in few places.US
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I would definitely sell my Bitcoins not fully, but a part of it.If its not enough, then i would take a loan from my friend.
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Brother, dont be too much greedy.I think Bitcoin price would not even drop below $400. Dont waste your time. Better buy it now itself to avoid any disappointments in future as Bitcoin price is going to rise high.
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