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That's true now a days many hackers spread all over in cryptoworld, Regarding on the security, bitcoin is there since 2009 and up to now there is no hack happened to its users, think Bitcoin is the supplier of Crypto industry, if it is down then do not expect any other option to survive. However, We invest our own money. and there where big money as a rule and big risks.
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It's a good idea, but I think it's not an easy problem that can only be done easily, Though itis not totaly legal in some part of the world, the community already accepted bitcoin as a currency which is secondary to fiat money, That all what I think it will happen if the bitcoin will be regulated by the government.
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For me bitcoin is valuable because we can earn a lot of profit and aside from that bitcoin is an easy way transactions, You can be sure that even in 100 years, as long as the Bitcoin network is up and running, You are right because the belief in bitcoin has been sustainable since the beginning of a decade ago, bitcoin is a virtual asset. Both are valuable but one is more risky to trade with or make investments.
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if the security of the wallet depends on how you keep your wallet. if you are careless it will be easy to be stolen by others, It is easier to keep a hardware wallet safer than an online one. I would therefore recommend hardware if everyone can afford it, even though the bitcoin might be secured with a strong fire wall, but that doesn't mean you should release vital information about your bitcoin into the world, Because it is your money and there are too much people, who would steal it with pleasure.
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i think it already is centralized with the possibility of a decentralized out if that centralization becomes too obvious, Price, popularity and future of any Cryptocurrency depends mainly on some whales, and miners. I think its main investors already pulled out there investments. Centralization of cryptocurrencies mainly bitcoin, and maybe someday to make bitcoin is legal in many countries it will change from decentralized into centralized system.
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Bitcoins is not yet a legal currency cause not all countries, world bodies have accepted or recognise it, Bitcoins are not a legitimate currency because bitcoins are not protected by the government, the reason why bitcoin is not a legit currency is because the common currency is being regulated by any institutions or government, So to what extent it can be a lawful stance unless it is totally acknowledged by any nation or government!
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Personally,I don't think that Banks will adopt Bitcoin for the settlement of their transactions, banking has control in the banks but in Bitcoin no third person involve in any transaction. Banks has applied taxes and fees on other hand Bitcoin is free and no taxes apply on it, He can walk along with national money, but not substitute them.
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Don't invest in anything you don't fully understand. That is why you must do a lot of readings and research, Knowing about the history is very important, who invented it and for what reasons, how it can be used, bought, saved. you must be rationally arranged in light of the fact that the cost of bitcoin is continually evolving.
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bitcoin lets good quality stuff and altcoin equal to low quality goods, there will be a bull run in Bitcoin and at that time every coin will remain still or decrease still value in Bitcoin, Too many crypto currencies have sprung up, because it's easy to adapt blockchain technology, It's really exciting if you have a tokens to trade because while you will have profit while waiting for the price increase.
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I bought some physical coins a few months ago that I thought is a great investment and I have a few of them now but no plans of selling them yet, Bitcoin can be used to pay for online shopping , like wise it is used for a lot exchanging medium, It is very helpful and useful. I am so thankful and happy to met bitcoin it brings me happiness and success in life.
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Managing bitcoin make our life better and specially to its investors it gave a better profit, Some benifits of managing bitcoin are livelihood changes, One of the main benefits of bitcoin is that it believed to be a currency and a universal commodity so that prices will continue to soar, everything will be turning into good profit in the future.
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Bitcoin control by traders thats why it is so volatile and it cannot be change on how it will behave, The market for bitcoin has not been regulated by the government, I believe that unregulated market and lack of maturity are biggest reasons for it, Bitcoin so volatile because no one can control the supply to fill demand on market, Too Many Factors in the Perceptions of Asset Value and Value of Bitcoin, Small Option Value for Investors.
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Bitcoin has not reached it's goal yet because it is not used as a mainstream form of currency to spend, Bitcoin is still functioning normal level to hit the target of it polarity, Taking a chance to reached bitcoin goals it depends on how you work it hard from it, Bitcoin have not reach its goal,the goal to be the world currency,the goal to be accepted by all nations, this is the actual purpose that bitcoin hopes in achieving its goals and now bitcoin continues to be used.
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Countries who want to end bitcoin and banned it are those who want to rise on their own generated coin, Those of the second and third group are stable, and this is good news as this will help the market to continue to grow, The countries that may be banning bitcoin right now are just few and they are minority as far as I am concerned, And also they can control bitcoin according to their country, without depending on the world market.
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In my opinion, Bitcoin in future will be increase the price, because of bitcoin our life have change from time until income, the future of bitcoin is full of success because the value is increasing so fast, it has great future, it has lot of advantages, lot of people interest it, many of involve it.many of invest it, I also think that bitcoin will have a good future and it will grow up in future like it will become currency that can exchange in all valuable things, I honestly believe, Decentralization is just beginning and there is a lot of improvement in the way, Bitcoin is very popular now they continue increasing his followers and lot's of investors are wanted to join in bitcoin to invest, For me i think btc future is totally going to a good condition, and i wish bitcoin will grow up and being successful in near future.
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