Yes we really need a good social media promotion however we must establish trust first. Because the problem is that there are still a lot of rumors about bitcoin and other cryptocurrencies, and how it used as a scam to get people's life savings. Establish the right and trustworthy platform for people to learn btc and how it works.

Actually it can. Because of this new technology, entrepreneurs like me can have more opportunities to earn money, and not just by earning money but also using these cryptocurrencies as an exchange of good or service. There are a lot of ICO now that even caters to the needs to the different areas of the business

There are different ways in earning bitcoin. One you can mine it, which is for me the best option, the only downside is it is complicated, and you have to afford the equipment and the electricity. 2nd you can buy btc, and expect an earn of capital gain if the value of btc increases. Then you can also earn btc by participating in bounty campaigns, and lastly you can beg for donation of btc

Only if it started to function as digital money or currency and not as a stock then I would say yes. The problem here is that the foundation of this crypto is not too stabilized and also, it is limited. And that will create even more problems. Second, government, banks and other corporations will deem to disagree and put an end to this thought. Capitalism at its finest.

My number one question is this. Do you need the money now? Will you need the money months or years from now? Are you financially stable with or without that 1500 usd that will be invested in btc? Because if you can live normally and have a stable job, then of course you can invest your money and buy btc. My mentor told me that you should never put all of your money into one fund, stock or even cryptocurrency. Be a trained trader and investor. We all know that cryptocurrency is never stable.

I am pretty sure it is recovering now, it is not back to its usual value but it is recovering from its huge dump. Slowly. So I suggest that people should buy and hold now while it is cheaper so that when its back to its pace. A lot of you will enjoy the ride of btc again

I agree with you, I have been saying this sort of thing in this forum that it is time we took advantage of the value of bitcoin, etherium and other cryptocurrencies out there. It is one of the basic tips in trading, you buy it when its low so that when it increases its value again, it will be profitable for you.

I don't think it's only in Japan. Bitcoin is big in several countries well because it is now considered mainstream. But if you are asking why it is big in Japan, then I think the reason why is because Japan is technologically advanced, and that the creator of btc is a japanese. I saw a video on facebook about JPOP idols personalizing cryptocurrencies

Thanks for the information. I too.. am actually confused about how twisted the story of chinese and cryptocurrency industry can be. It's almost as if China controls the prices of btc and other alt coins right? People seem to propagate these so called nonsense to make people believe that btc is not yet over, its just because of one country. Which I kinda understand for the reason that I believe in potential of cryptos and that is never over. However I also agree with you that we should not spread lies and fake news, but instead embrace truth and help each other out for the future of cryptocurrency

I think the best thing for you to do is to hold your coins before selling it. If you have conducted your own research about the crypto indistry. The market is really bad right now, however it is trying its best to recover. We as investors and holders should not bail out to our coins, we have to trust their potential and value. The moment we start thinking that crypto is not valuable, the very foundation of cryptocurrency will fall.

Nothing is impossible in crypto industry. I strongly believe in the potential and capabilities of etherium to beat bitcoin someday and become ranked 1 but that will happen after several years. Eth can value up to 10k usd only after beating btc.

Yes I am glad too that bitcoin price is recovering. I think the reason is because people are taking advantage now that its value is cheaper, so that when it takes off again they can earn a lot. I think we should also continue to support bitcoin not just by buying but also by continuing this topic of btc. To encourage people that crypto industry is not over

No. Bitcoin is not the future of money, but it is the pioneer technology where cryptocurrency was born. Cryptocurrency as a whole is the future of money. As we all know bitcoin failed in the aspect of functioning as a digital money in exchange for goods and services but instead became more like an asset or investment. That is why I can say it is not the future money.

It is actually funny how they think bitcoin or cryptocurrency in general is considered scam just because it is not backed by any government and no intermediary. When the reason why money existed is for people to establish a value and convenient for people to exchange goods and services. We the market, the people, create value out of thin air. We create our own demand, but sadly because of politics, big corporations or capitalism in general, we have become puppets of the economy. And now that crypto is born, people tell its scam because it gives people financial freedom?? That is hilarious and down straight ill information

Of course it is time to buy cryptocurrencies now that it is cheaper! Ride the train before it starts to go up! This dump means rhat crypto is really volatile and people are too fond of panic selling. We have to start trusting that crypto industry is the future of trading and investments! Buy and support btc for the future. Prove the people that they were wrong for thinking that crypto is useless.

I agree with you. Engaging in the crypto industry is really difficult but we have to make sure we know the system and we know it fully before investing or even trading. It is the basic rule, if they don't want to lose any money. Still, I know some organizations now conduct workshops about bitcoin, however they are still not enough to enlighten millions of people.

Well according to research studies, tv advertisements is really effective as it reaches a large percentage of the population. It will help bitcoin to rise again and be supported by lots of people. However I do think that it will be hard as many intermediary are against cryptocurrency, banks , governments and even large corporations. And who will pay for it? Who will take responsibility. Bitcoin should be unknown but the second people are known for it, they might be taxed

My opinion for the fall of bitcoin is that the reason for its fall is its nature of volatility, however it decreases continuously because of people panic selling, and thinking that it is the end of the cryptocurrency. Government, companies, and other media personalities doesn't even help it and even announces that it is the end of blockchain technology. What we have to do is to support the foundation of crypto industry, do not easily fall into the trap of capitalists.

We can help bitcoin grow by encouraging people to buy now. Buy more bitcoin to sustain its value. It has to bounce back before it reaches 6000 usd, according to investagram. We have to hold our coins and never panic sell. The law of demand. Because once it bounces back, its value will double or triple.

One of the reasons why bitcoin cannot regain its dump is because of people like you who think bitcoin will be dead and think that panic selling is the only option. Bitcoin will never be dead as long as it holds value. People have higher expectations that btc should remain in 10,000's value just because of last year. And think that if it goes too much down, it will cease to exist. That's now how it works. Cryptocurrency has always been volatile. If you panic sell you will lose a lot of money. I think its an opportunity for people to buy now especially when its value is now cheaper. Hold the coin and earn profit in the future.