Yes indeed there are many people who are rich now because of bitcoin. Its the reward for their effort, taking the risks and giving time in what they are doing. All of us want to become rich so lets do what they are doing.

Some companies like the ones you said in your post are accepting Bitcoin as a payment because they want to cope up with the new technology the world has now. Bitcoin has been used in many countries as another way of payment so they want to use it too. I think they are accepting bitcoin because they believe that its price will increase in the future.

Bitcoin investment and stocks are two different things. Regarding to your question, if there is a large percentage drop into bitcoin I will buy many bitcoins. We can always see that as the price of bitcoin decreases, it will not take a very long time and it will increase again. Bitcoin's price drop attracts more investors to invest in bitcoin, making its price increase.

I will base this on myself. Since I don't have many money to invest, faucets are the worse place to get coins ,mining is not profitable here (i think) and I don't do articles, I will choose trading.

Why don't you put by joining in the bounty campaigns since many of us are in the forum to earn money thru bounty campaigns aside from gaining knowledge?

Yes indeed there are more and more people joining with us in the crypto world because many of us are advertising it in social medias. They are joining because of one reason and that is PROFIT. Who in the hell doesn't want money? That is why some are joining because they want money.

Here in our country, the most popular exchange that we are using if we want to cash out bitcoins is coins.ph. We deposit our BTC here and then convert it into PHP and then its good to cash out after converting.

good day. Can I ask when will the bounty campaign ends? Thanks for answering

Can you specify first what is the "1M" in your post? Is it 1m dollars or 1m PHP or 1m Yen. If you are referring to 1m USD, its too early to say because it too too far away at this moment. Bitcoin's price is at 15-16k$ at this moment and has a possibility to go down more. Maybe in 15-20 years, it will reach 1m USD.

There are many countries in Asia that doesn't ban bitcoins. In our country Philippines, the Central Bank of the Philippines just approved the registration of the two bitcoin exchange operators. They accept bitcoin but they don't regulate it and always telling warnings to us. I hope more countries will accept bitcoin establishments too.

Litecoin is better to use when you are transferring from coinbase to other place like you said binance. Litecoin has faster transaction and cheaper fees than bitcoin.

Its not only the bitcoin but all of the coins have this volatility nature and we can't do anything about it. Its fluctuating because of the news that are spreading online, and the FUDs .

Based on the documentaries that I had watched in youtube, there is only 21M bitcoin only and it will not be increased anymore unless, there is a way that it can be increased. Increasing the supply of bitcoin will give a negative effect to us investors.

Welcome to the forum and the world of cryptocurrency. If you want to know more about bitcoin, just visit the beginners and help section here in the forum or search some at google. Its better to if you have a mentor or a personal guide that will help you in your journey.

It can reach 40k this year. Who knows anything is possible for bitcoin only if lightning network will be released as early as they can. If LN doesn't release early, maybe the time will come that investors will never invest anymore in bitcoin and invest in other coins.

Expected nang mangyayari ito since tapos na ang holiday season. Sa mga naginvest nung december kasama ako, congrats sa atin kahit papaano matitikman natin ung profit sa pagtaas ng bitcoin hehehe.

Since I started earning bitcoin, I didn't withdraw all of my earnings instead I'm holding it and never use it. I only cashed in around 60 bucks I think and just holding my bitcoin.

Bitcoin is number one only in terms of market cap and trustworthiness. Since its the first crypto, it has the right to be at the top but I think there will be a time that it will be surpass.

For me investing in bitcoin is consider gambling because you put your trust in one coin and thinking  that it can give you profit for a long time. When you invest in a single currency, it is considered gamble already.

Every investment has its risk but it depends on what are you doing with your investment. Just remember don't put all your eggs in one basket. For others, holding bitcoin is better than gambling or trading but for those who have enough knowledge and skill in trading they will invest it in trading.

First, bitcoin is a virtual currency meaning its intangible unlike fiat money that is tangible. Second is you can send and receive money to others without the help of payments unlike fiat money that you need a third party in order to send and receive.