Bitcoin is the most famous and the no one crypto currency today. It hold the highest market cap in crypto industry. Also it use very advanced and secured technology, Block chain to operate. Lots of people's use bitcoin as a investment factor. This cause to maximize the capital of Bitcoin. But how long Bitcoin will survive in this industry ? Because lot's of government try to manipulate and control the crypto currency industry via introducing new regulation. As a country some one can do vast harm to bitcoin. We saw some of in past. If Bitcoin fail in this industry it will be a biggest financial crisis in this century.     
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For me I don't know how long it be but hoping that it will last forever because this is the only way I earned money to support my needs especially in school and helps my parent also.

Bitcoin mining is based on very high energy costs and environmental costs.

One bitcoin =20 barrels of oil.


How many barrels of oil do you think the industry consumes every year?


10 barrels? 50 barrel?

Each year, the mining industry consumes more than 24 terawatts of energy, the equivalent of 13,239,916 barrels of oil.

Every 10 minutes, 12.5 bitcoins are dug up, meaning 20 barrels of crude oil have been reached since each bitcoin was dug up (not yet traded).

In other words, the amount of energy consumed by the global bitcoin mining campaign is 40 times greater than the amount of energy needed to support the Visa card network.


One bitcoin transaction = one American family USES electricity a week.

According to encrypt the currency analyst Alex DE Vries estimate an index, the currency trading energy consumed each year more than 24 tw, this is equivalent to total energy consumed each year in Nigeria, which has a population of 186 million.


Currently, about 300,000 bitcoins are traded each day. Each bitcoin transaction costs 215 kilowatt-hours of energy.

The average American household USES about 901 kilowatt-hours of electricity a month, which means that each bitcoin exchange consumes enough energy to make an American family comfortable for a week.

What do you think about the energy consumption of bitcoin?

I've been listening to lot's of talk people are indulging in these days about future of bitcoin and most of them assume there's no scope and hope for bitcoin.

Maybe, Umm Maybe they are right but strongly they are wrong based on the fact the world is moving.
Gaint's company and people who are running an organization would never support in the future of bitcoin because they feel powerless when they won't control the money, but because of the power and technology is being used behind this coin they might surrender.

Ok, I've been listening to some people saying "We won't be relying on money generated by electrcity" my point is what's the problem in this "Are we going back to the era where there will be no electricity? No Never".

As a normal person like you, I believe there' no bad in these coins although they are making our lives easy and saving us from crazy taxes. I'm not a millionaire I think for my every single $ like most people. There is the downside of these coins that I might not aware of but overall it's a good experience for me. Although during my trades I always lost my money never get profit. (I'm bad at my luck or not know how to play)

As a resident of Las Vegas, I can see a dramatic change in this cryptocurrency no matter if it's going down but surely will raise based on the growth and usage.

If you wear some cool unique dress and other peoples starting to wear the same dress and after sometimes that same dress starts selling on the shops at your city and in the world that means your dress was really awesome.

Same with this bitcoins It's been used all over the city. Let me give you some real facts.

Las Vegas is the city of tourist and we all know people all around of world came here and these people have good money.

Casinos and gambling are the heart of Vegas the moment you step into the airport you will see poker machines and now casino's are accepting bitcoin...

Gentlemen's Club in Vegas have started to accept bitcoin. However, not all of them but the point is they realized and started to accept this powerful thing.

If you walk to the restaurant and have NO Dollar that's fine you can use your bitcoin to pay for food as Restuarants accepting Bitcoin...

I know there are many other big places you will see bitcoin being used I just mentioned places which are most visited places in Vegas.

PS: No matter how much the value of coin goes down we still can't predict the future and hope this currency should grow...

Your expert thoughts are always welcome  

The billionaire venture capitalist is doubling down on BTC, likening the digital coin to gold’s online equal.

Thiel touts the No. 1 cryptocurrency for its size and its ability to compete with gold as a safe haven, saying at the Economic Club of New York:

“I would be long bitcoin, and neutral to skeptical of just about everything else at this point with a few possible exceptions. There will be one online equivalent to gold, and the one you’d bet on would be the biggest,” said Thiel.

But with the exception of a few digital coins, Thiel remains neutral on the rest of the cryptocurrency pack. He didn’t dismiss the possibility that bitcoin could be surpassed by Ethereum or other altcoins that prey on the leading cryptocurrency’s weaknesses, but bitcoin’s strength is in its size.

Bitcoin controls more than 40% of cryptocurrency market cap compared to almost one-fifth for Ethereum, as per Coin Market Cap data cited in CNBC.

Well what's your guess with regard to the further market's pulse?
That would be a fall? What relative indicators can you see? Nothing. Possible negative news in mass media, no.. people are taught by the previous news fakes like limitations in India..
It would more likely be a growth chain reaction in spite of a little market correction or a big sales..
Anyway what's your opinion?

Well, are you people ready to make a great money? The market has turned back to the growth. It's time to buy, don't miss the really moment. It's going to be very quick. Does anybody doubt that market will see many fold increase?

We are here to see bitcoin becoming the world's most popular currency
If you have the same opinion leave a comment here and predict this

when will it happen!
Sit and talk

Undersiege by negative articles for the past couple of months. Banned in different countries. Hated by some billionairs. Yet, i am one of the millions who still stay positive on bitcoin.. Western countries have been very positive on btc also. Try to spend time reading this https://www.ccn.com/retailer-adoption-of-bitcoin-is-growing-in-the-us-and-canada-despite-price-fall/. This might help you also boost confidence on btc behind the downfall of its price nowadays.

Let me know your insights on this..

I just stop looking at bitcoin price. It hurts me actually, that's why I took this decision. I am holding few of BTC and I will not look at my wallets too for 2 months. I hope after 2 months when I will go to see bitcoin price, maybe I will scream happily. What about you guys? 

This is more secured stage contrasted with banks and it will return more benefit so every one of the people groups are drop the record in bank at that point join the crypto stage so it is additionally encouraging stage. 

honestly! Bitcoin is exchange the whole way of existence. 
Bitcoin is an unfathomable length of time computerized cash so it will keep on crypto organize. 
So,
Bitcoin will never pass on anyway one plausibility is possible Internet is fail miserably on the planet normally computerized types of cash are kicked the basin.

Recently, bitcoin has been showing steady growth. He slowly overcame the first resistance line of $ 10,000, now approaching a new line of$12,000.

I see two options for further developments.

1. Bitcoin consolidates above 12000$ a sharp increase in prices that will allow Aldona to begin to move forward.
2. Bitcoin goes for correction to$ 9500 and breaks new heights with new forces.

Here's my technical analysis chart. Who that thinks?
https://www.tradingview.com/x/D9TGyKlY/

Bitcoin price keeps increasing. Price is x10 considering last year. Even 25k-50k-100k is predicted.

Are you adding more bitcoin by buying with cash? or you trade or invest in ICOs & altcoins in order to increase the amount you have?

or do you just hold what you have?

 i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.

As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon. As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin. So what are you people suggestions that will bitcoin will always continue to grow or will it stablize at some price or may go down?
 

i have been thinking bitcoin cannot last forever..............i need you guys opinion if what im thinking is right.

some countries banding bitcoin , some encureging , some people say its a replacement of visual currency , some saying its just a scam ...... whats the real future of bitcoin

I am sure we touched the bottom today. so i am going to real Estate Dealer for selling my house and buy bitcoin. I suggest you all do that

hello guys , i just want to share what am i doing right now to my children, i have a 10 year old kid , he is david . this coming summer i want to teach him about cryptocurrency. especially bitcoin, from his young age i want to share him my knowledge about this kind of things. im happy that he is excited a little bit however it's so hard to explain but then i use some examples like video games as a reference about bitcoin. probably it might be the easiet way to understand how this things works. for example bitcoin is like a video games, you need to do a lot of research about bitcoin to know it and ask some people what  they know about bitcoin or  like experiences  , like games you need to do a lot of practice to mastered the games , can someone help me about this ?

Hey all,

Whats the best time to sell besides christmas?

Silly question right?
Unless there is a backup method or heritage system it obviously vanishes for eternity, but the point was to discover methods that you are aware for avoiding such risks.

Well, it's not a risk, it's a certainty, but there are other risks of losing access to the crypto account aswell.
Some like:
* death... obviously
* house burns down along with hard wallet
* one can accidently loose his cold storage or hard wallet
* maybe other you figure out and I add them

So, what storage do you use to ensure your savings, or what do you think would be the best solution to overcome these risks?


UPDATE: I started this discusion because I can't see a decentralized solution for that, most of the centralized ones are largely known (wills at layers, online wallets and so on) but do not meet the security criteria as still imply a trusted party. Better simply handover the private key directly to the inheritant IMO.

What I want to determine is if it IS realy a concern for the comunity or not, and if yes than we can contribute all together to the creation of a such product. But again I realy do think it should be built decentralized and trustless.