I just can't digest the fact that a decentralized cryptocurrency can be controlled according to my opinion the minimum requirement  is to get in contact with the legit developer of the respective cryptocurrency. Taking Binance into consideration it is Chinese origin cryptocurrency trading company whose servers are transferred to Japan after chinese government ban on cryptocurrency trading. I agree the fact that US has a upper hand in controlling the trading (except the dark web btc transaction) but it's not a total control over the currency. I would like to term it as a pseudo control over the currency.

User: Frost149.6
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Username:Frost149.6
Position to apply: Jr Member
Post start: 30(+1)
Address:12nmuzv3MH3E1xuH94gNxGVgvAYdJUJdfJ

During past two year when people took it lightly and taught that it will be just a flop concept but it started to increase USD wise and then it started to dominate the banks and transactions. And yeah some news channel are also promoting Bitcoin due to it's massive increase in price.

Bitcoin is a decentralised money. Bitcoin transaction are easier And faster. Bitcoin doesn’t contain sensitive information with the transaction. Bitcoin also help to decrease the unemployment for om the respective countries. Bitcoin transaction only contains a electronic wallet and not any bank or third party. Trading and transaction around the world with bitcoin is easier. Bitcoin can also be used for long term investment. Bitcoin are also a alternative for the student studying and can earn and pay their tuition fees and for daily chores.

Yes, the fear crypto currency (Bitcoin). If people starts to use Bitcoin they will not invest or save money in the bank the will use block chain to save their Bitcoin. In this case the money will be Bitcoin and the bank will be the block chain. I think Bitcoin will definitely perform excellent in public market because of it's fast growth and it has the potential to dominate world currency.

There are many advantages of Bitcoin. Some of them I am gonna list them below.
1)Bitcoin is common currency for the world so you can do transactions with any need converting the currency.
2)It is very easy to earn there are many ways to earn.
Ex: Bitcoin forum, mining etc.
3)It reduces unemployment in countries which are under development and has less vacancies for job.
4)It's a alternative for students to earn money rather than doing part-time work.
5) Bitcoin transactions do not contain any private or sensitive information of the costumers.
6)The transactions in Bitcoin are faster compared to the old transactions ways of the bank.

Bitcoin is the oldest crypto currency the world has known. The major reason is Bitcoin is decentralized and does not belong to anyone and there is no controller. Because being popular it is a source of income for many adults and teenagers. The transaction are now done on a large scale. Because of being decentralized it doesn't have a fixed rate. So, yeah these reasons contribute towards the popularity of Bitcoin.

There are consideable difference between Bitcoin and real money. Bitcoin is a digital decentralized currency. Real money is centralized and does not need internet for daily transactions. Where as in Bitcoin it need internet for daily transactions. Real money is control by the respective government. Bitcoin can't be controlled nor there is taxation system on it. Real money has a fixed value but Bitcoin doesn't.

You should invest in Bitcoin when it crash down after a sky high increase in value. When there is a drastic decrease in the value of Bitcoin you should invest in it and then you should convert it in your respective currency when it's price goes sky high. Because there is no profit without risk. And you should research about the increase and decrease of Bitcoin so that you can invest at the right time.

Government of many country find Bitcoin illegal. This because they want there people to work and they want some tax from there citizen too. And government cannot implement a tax on Bitcoin. And they are also in the fear that Bitcoin may replace their currency and bank too. And  people will not work and unemployment will be the cause. So that's why government is not making the Bitcoin legal in their countries.

I think that it will crash down to 3000$. Yeah, before we have witnessed that when Bitcoin's value goes sky high suddenly crash sown to the ground and when will crash you buy as much as you can and then you should wait for the the next Bitcoin price boost. If you plan to buy this is the right time to invest in Bitcoin.

I am currently use block chain as my wallet. A Bitcoin user friend of mine suggested me to use it. Because it very convenient to use for a beginner or I may say for a newbie to use and nobody has to teach a newbie about block chain's functionality.

It's very surprising that Bitcoin's value has increased so much and it's alarming too. There is nothing economical or financial aspects that has boosted the value of Bitcoin. This alarming because there are more and more people getting into Bitcoin investment, business, financial stuff. So, yeah I think these aspects made Bitcoin's value to shoot up like anything. I am surprised as well.

Of course, it's risky any investment is paired with risk of loss. I think you should wait until the value of Bitcoin is raised to it's maximum.
When it's maximum as you have predicted, but you shouldn't convert all the Bitcoin into money some of Bitcoin you should save in case there is more increase in the value of the Bitcoin.
And yeah you should do some research about the increasing value of Bitcoin to predict your maximum value of Bitcoin.(Note:- I said to predict).

Bitcoin is the best crypto currency in the world. Bitcoin is not accepted by government because Bitcoin is the type of currency where there is no third party interference. Therefore government cannot control transactions done by their citizen and cannot arrange a tax system on Bitcoin. And it is not legal for all the country so we have to wait till they accept Bitcoin.

According to me it has a very less probability of Bitcoin replaced by any other crypto currency. Bitcoin is know at a very high value and the other doesn't have a value even close to Bitcoin. May be in future, there is some probability of Bitcoin's replacing by any other crypto currency. May be in 15 to 20 years, maybe a new coin will emerge to defeat the BITCOIN.

You can do online shop at Amazon and eBay through Bitcoin
When you pay them in Bitcoin they are like middleman they hold the Bitcoin till the product is not delivered to you.
This system is know as escrow or middleman system. And I hope that the future banks and online and even the will not have any problem with crypto currency.

Yeah obviously Bitcoin is wipping out unemployed people. It's giving youngsters to earn like part time job. People studying abroad earn money for their daily chores and other stuff. And people who are not getting jobs because of less job opportunity can depend on Bitcoin till they don't get permanent job.

Everybody has the right to their opinion. Yeah, if they hate Bitcoin because of false news given against Bitcoin that it's a scam and other stuff then I will try to clear the false stuff. I tell them about the advantages and the benefit behind the investment in Bitcoin.
Some people will understand and some will not agree. But in the end everybody has their own opinion.