Bitcoin is used through mobipe phone, becuase it can easy of you have a wallet bitcoin you can able to used in any transaction. Like in my country. We have a wallet that called Coins.ph, in that, you can able to send money and recieve, and paybills as easy. You dont have any hasle in terms of payment method. And you can able to withdraw or deposit.

I think this is very good advice.  Tangible assets that maintain value, such as land, are the best way to guarantee (as much as one can guarantee) that you will hold on to your wealth.  No matter what happens, people are always going to want land.  The value and usefulness of bitcoin is contingent upon the availability of electric power and the internet.  If your area is hit by a hurricane, for example, you may not have access to either of these things, rendering your bitcoin worthless, at least for a while.

Most big car companies have started producing electric powered models and renewable energy is on the rise. It doesn't look good for oil either way.

Bitcoin grew so fast since 2011 if I am not mistaken just Imagine it after 10 years from now. It will get biggger for sure, a lot of people are getting interested in btc.

Who owns the bitcoin after someone died?  How to state this in the will? Please share your thoughts.

Having a strong collateral  would be the  basis when you should give a loan to someone thats why its important to look for collaterals so that if they dont pay their loans then you have a thing to get from them which is also a good return for you and make sure those  thing  would be  more valuable than the  loan amount.

I don't really see this will happen but if the price of bitcoin will be more stable i can see that  more retailers accept Bitcoin will happen. But as of now, i don't think casual people, whose not techy one , maybe will not consider this as a fancy thing, or maybe if bitcoin will be a trend a mainstream trend, for sure many people will bandwagon/fanatic of bitcoin, in that time i think more retailers will accept bitcoin.

Hello,
I have some money to invest in cryptos. Nevertheless, in last 3 month BTC did x3, ETH did x1.5. I`m not sure if it will grow anymore... What do you think?

Reading the responses to the recent topic titled, "I would sell all my bitcoins if…." has left me concerned.

The kinds of responses on that thread reveal a deep misunderstanding of bitcoin and the current monetary system in many of those who are speculating. Let's consider the scenario in which bitcoin reaches $1000 or let's say $10,000 per bitcoin. Many have said they will cash out if bitcoin reaches this point. Why??

If bitcoin reaches $10,000 it will have to be because the fiat currencies of the world are tumbling to worthlessness via a hyperinflation type scenario and bitcoin is the safe haven, which if you know anything about the current monetary systems of the world, you know this is inevitable. (there have been 3800 fiat currencies throughout history and EVERY SINGLE LAST ONE has crashed to worthlessness; a value of zero) Why would you then sell all of your sound money (Bitcoin) for a bunch of fiat money that is inevitably becoming worthless? I don't understand the logic in doing that.

If bitcoin ever reaches $10,000 per bitcoin, you will NEVER see me selling for fiat paper money. You may however see me having a shopping spree at Overstock.com or TigerDirect.com or NewEgg.com! I will be buying things I want with my bitcoin profits DIRECTLY WITH BITCOIN, not selling my bitcoin for paper fiat. Hopefully by then there will be many more options, perhaps even Amazon.com will be accepting bitcoin for goods and I can have my shopping spree there.

Point being, selling bitcoin for dollars seems counterproductive. Why convert your paper fiat currency into sound value storing superior bitcoin, only to sell all of your superior bitcoin back for worthless antiquated fiat currency again? Why not just spend the bitcoin itself to buy what you want instead of taking a loss by converting back into dollars which will inflate away eventually anyway?

I think the people who are currently online to prove the rationality of buying Bitcoins do not need. This is a developing industry to invest in it is very profitable. And this is confirmed by the banks

Well you know am really bad at managing my money thus what I do is I transfer everything I earn in the bank account of my friend and he won't even let me have a penny from it even if am dying.. though sometimes if I desperately need he does allow me to have a little amount..!! Its more like having a personal finance manager thus if you aren't able to save up yourself I will advise you to ask help from a friend of yours its never a bad option also its better if he is super strict

Also I have planned daily usage like a dollar a day or something like that thus it helps me control whatever I spend.

And these individual private banks had been printing the US dollars that their clients pumped up the stock market with? Are you sure?


You said that "printing money and pumping up the stock market" was the reason behind the stock market crash of 1929. Later you said that "the stock market crash was the result of money printing, because otherwise it would have not created a hyperinflation". Now you pretend that you were talking about the hyperinflation in Germany, which had happened in the early 1920s (before the issuance of the Rentenmark in 1923)... How come?

When is the best time to buy bitcoin and when do you think is the best time to sell?
I think its a great time to buy now but when is a good time to sell (if you have any idea please share)

The good thing to do is to hold it on since it is having its low value because sooner it will rise up because there will be investors that going to  buy coins and take chance with this and buy a lot of coins in low price then it will pop up again rise again. This is what is happening in this industry true investors waits for drop down and causes the price hike.
We should settle our mind too in that way. That is why rich become more richer and poor remains poor. We do not need to panic selling. Things will be good in time.