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1  Bitcoin / Bitcoin Discussion / Re: What is driving BTC increase on: February 20, 2018, 03:15:22 AM
The rise of Bitcoin is bound to happen after such drop last month, I think people are again willing to buy Bitcoin, Bitcoin's price is  demand driven, as demand increases, so as it's value. The problem last time was Bitcoin grew so much and fast that people are not ready to buy Bitcoin at such price.
2  Bitcoin / Bitcoin Discussion / Re: KFC now accepts Bitcoin! on: February 20, 2018, 02:53:41 AM
KFC accepting bitcoin payments is good news, this means that people, especially large commercial establishment are recognizing Bitcoin as a valid form of currency, this makes Bitcoin finally fulfilling its actual purpose which is to become an actual monetary. I think that this news will be translated very positive in the market, thus increasing Bitcoin's value.
3  Economy / Speculation / Re: Should I Invest in Bitcoin in 2018? on: February 07, 2018, 09:49:40 AM
I believe that it is still good to invest in Bitcoin this 2018, though more risky as more and more people are committed to bring bitcoin to its end, banks are aggressive to counter Bitcoin, governments are keen in banning or restricting bitcoin investments in their country. But I think Bitcoin has reached rock bottom when it dropped at $6k this week, we may see a constant rise in the near future.
4  Bitcoin / Bitcoin Discussion / Re: Best Time To Buy Bitcoin!! on: January 24, 2018, 12:14:48 PM
The best time to buy bitcoin was 7 years ago, but we cannot go back to the past, what we can do is to learn from them and plan our strategy for the future. When is the second time to buy bitcoin? the answer is Now!! do not wait for the price to go down, it might not. I know some people who for the past months wanted to buy bitcoin but waited and waited for the price to go down, but the price just went up until it reaches from just under $2000 to  over $15,000. Don't be like that people, keep investing, bitcoin value may fluctuate but in the end it will just keep increasing.
5  Bitcoin / Bitcoin Discussion / Re: Do you keep buying? on: January 19, 2018, 02:17:43 PM
For me,  will keep buying bitcoins especially this time that a price correction is happening, last year the prices jumps in unprecedented levels that sent shock waves to all internet users, the result is bitcoin gaining more popularity, but the price increase more than it can handle at the moment, people are not yet prepared to buy this high value bitcoin, when no one is buying, price drop. Will bitcoin regain its momentum? definitely yes, I think that bitcoin is now preparing itself for another bullish run and I will not miss the chance t rise this.
6  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a mode of payment on: January 19, 2018, 05:17:10 AM
In theory, Bitcoin is a very good mode of payment especially if the transactions is done online and cross country, it is a hustle free service. But right now, Bitcoin is suffering with the increase in traffic causing delays in transactions, and the transaction fees are very high. I think if bitcoin can fix this issue then, it will attract more users and developers to further improve the system.
7  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you see alts have chances against Bitcoins? on: January 18, 2018, 02:48:48 AM
Yes I can certain altcoins which can challenge bitcoin market dominance, one of them is Ethereum, I think that the current price of bitcoin has its drawbacks, bitcoin should be used as currency, but the current very high transaction fees hinder that to happen, that is why people are turning to coins which offers lower transaction fees, that's ETH comes. BTC has become an asset and not a currency.
8  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a currency or asset? on: January 16, 2018, 07:28:59 AM
I believe that right now, bitcoin is used as an asset, people are buying bitcoin and holding it in the hopes that its value will increase in the future, yes it is wise as we have seen in the last couple of years, bitcoin value have increase multiple times,the only problem with that, is bitcoin is now designed to be held, bitcoin is a currency and it is designed to flow.
9  Bitcoin / Bitcoin Discussion / Re: The advantages of bitcoin on: January 16, 2018, 07:10:54 AM
For me, the advantages of owning a bitcoin is that it is growing, if you own a bitcoin in the last few years, you are a millionaire by now, the good thing here is that you could also make purchase items or transfer amount to your bank. Bitcoin is a good investment as well as can be use as currency.
10  Bitcoin / Bitcoin Discussion / Re: Is It advisable to quit my present job for bitcoin? on: January 05, 2018, 06:51:01 AM
I believe that if you are just getting stated with bitcoin investments or trading, it is advisable to keep your current job. I think that everyone can manage both at the same time as bitcoin investment do not require such amount of time where your present job will be affected. I know because I'm only new to bitcoin, but I hope that in the future, I will be able to go full time bitcoiner.
11  Bitcoin / Bitcoin Discussion / Re: Should I Wait or Invest On Bitcoin? on: December 18, 2017, 10:06:42 AM
I've been quite monitoring bitcoin in the past months and based on what I saw, this is a very profitable investment. I believe that this growth will continue next year and investing today is wise. I do not expect that the price will drop since the demand is still soaring.
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