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1  Bitcoin / Bitcoin Discussion / Re: Do We Need Social Media Promotion on: January 12, 2018, 11:16:15 AM
It would be great if many people embraced showing people the benefits of bitcoins on social media.
2  Bitcoin / Bitcoin Discussion / Re: How long bitcoin will survive ? on: January 12, 2018, 11:13:15 AM
No one can give you a direct prediction on how long bitcoin will last but as long as people believe in it, it continues to thrive.
3  Bitcoin / Bitcoin Discussion / Re: What are your plans with your Bitcoin? on: January 12, 2018, 11:11:58 AM
My plan is to buy more when the price is low and to keep holding.
4  Bitcoin / Bitcoin Discussion / Re: How do you convince the people to invest in Bitcoin? on: January 11, 2018, 01:52:28 PM
I do not think it is time to convince people to invest. Its either you believe or you don't, no need to convince anyone.
5  Bitcoin / Bitcoin Discussion / Re: Use Social Media for Bitcoin on: January 11, 2018, 01:48:29 PM
Social media captures the masses and it would be great if people create awareness about bitcoins on there.
6  Bitcoin / Bitcoin Discussion / Re: Why are they afraid of bitcoin? on: January 11, 2018, 11:40:42 AM
They are afraid of it because they simply do not understand it. Fear on the unknown.
7  Economy / Speculation / Re: Why bitcoin so expensive? on: January 11, 2018, 11:26:22 AM
Supply and demand. The more people want it, the more expensive its going to become.
8  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: January 11, 2018, 11:18:11 AM
No i dont think it can really. People that know about bitcoin in the world are not even a quarter of the worlds population
9  Bitcoin / Bitcoin Discussion / Re: Saving Bitcoins for your Children. on: January 11, 2018, 11:09:53 AM
You may include some of the details of your bitcoins in a will or simply store in an offline hardware and keep the details in a safe that your family has access to.
10  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be replaced by another cryptocurrency? on: December 27, 2017, 01:59:42 PM
I wouldn't rule this out completely but i highly doubt it would be any of the coins currently out there. Bitcoin is rising at a faster rate than any of the coins and is probably going to continue to for a while now.
11  Bitcoin / Bitcoin Discussion / Re: Are Bitcoins taxable? on: December 27, 2017, 01:49:51 PM
If government wants to tax it i am pretty sure they will find a way to do so but currently it is not taxable unless converted to fiat.
12  Bitcoin / Bitcoin Discussion / Re: Reasons You Shouldn't Buy Bitcoins on: December 27, 2017, 01:40:55 PM
The only reason i think that one should not bu bitcoins is because if the price drops or if something happened to bitcoin to end it, then you will have lost your money.
13  Bitcoin / Bitcoin Discussion / Re: Why is there such demand for Bitcoin? on: December 20, 2017, 10:27:43 AM
Awareness has really made bitcoin popular. More people know about crypto currencies, more people want to invest and more people want to be part of the profit that comes with the increase in price of bitcoins.
14  Bitcoin / Bitcoin Discussion / Re: Worried about btc future on: December 20, 2017, 10:17:21 AM
Investing in bitcoin is a scary lane but i have a feeling that if bitcoin does not make it, there is no other crypto that will take its place so it is better to risk it on the best crypto than any other.
15  Bitcoin / Bitcoin Discussion / Re: when you try to explain people about cryptocurrency do they understand? on: December 20, 2017, 10:08:58 AM
Most people don't understand when you try to explain cryptocurrency to them. It is difficult for them to understand when they are ignorant about it while some other already have the mentality that it is a scam.
16  Bitcoin / Bitcoin Discussion / Re: Bitcoin strategies on: December 19, 2017, 02:50:48 PM
My strategy from the beginning has been simple. I buy when its at it lowest when people feel uncertain and start selling i buy and hold and slowly i have been accumulating my coins at low prices. Just collect as much as you can now.
17  Bitcoin / Bitcoin Discussion / Re: Saving Bitcoins for your Children. on: December 19, 2017, 02:40:49 PM
It is a great idea to have these bitcoins as an investment for the future of your children. You can have your bitcoin information saved up somewhere with a lawyer the same way you would a will so that your children can have access to it if anything were to happen to you.
18  Bitcoin / Bitcoin Discussion / Re: What to do if Bitcoin Price Crashes on: December 19, 2017, 02:34:39 PM
If the price goes down, do not worry, best choice is to buy more bitcoins or hold on to the ones you own. The price is bound to fluctuate but goes up eventually. That's why it is at the 7k mark.
19  Bitcoin / Bitcoin Discussion / Re: future of Bitcoin In this world? on: December 19, 2017, 02:26:43 PM
Bitcoin cannot be controlled by government and it will appreciate in value in future because many nations are embracing it and i believe it will soon be used for more trades and purchases as people continue to understand it.
20  Other / Off-topic / Re: Can Bitcoin be ban? on: December 19, 2017, 02:19:13 PM
Bitcoin can be banned by governments because they have no way to control it unlike paper money so it just depends with how your country embraces it.
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