I think a number of things.

• The fact that nobody can control it.
• The instability of the price.
• The inability to charge crazy bank like fees for using it.
• The fact that it is almost anonymous.
• It wasn't created by 'them'.
• Still a new technology, unproven.
• Has received a lot of negativity, bad press & illegal happenings.

These are just a few that come to mind right now.

Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature  of cryptocurrencies
They called on people not to get involved. Should we be afraid or the banks are!

I hold my bitcoins online at Coinbase. Even seems not secure in the first view this is only an impression and not a fact. Seems that the online wallet are the less secure but if read all the data given about this matter offered by Coinbase understand the right meaning that the word "secure" has for this business. I am writing some. First must be told (even this has nothing to do with the security but with your pocket) all the fee-s of the sent of bitcoin are paid from Coinbase. Then they store 98% of customer funds offline. Offline storage provides an important security measure against theft or loss. They distribute bitcoin geographically in safe deposit boxes and vaults around the world. And at the end (for more you can go yourself at their website) Coinbase is insured against employee theft and hacking in an amount that exceeds the average value of online bitcoin it holds at any given time. Specifically, Coinbase's insurance policy would respond in the event that bitcoin stored in Coinbase was lost or stolen as a result of a breach of our physical security, cyber security, or as a result of employee theft. Coinbase has held this insurance since November 2013 with highly rated carriers (S&P rating of A+ or A.M. Best Rating of A XV or higher).

Not necessarily. But the things is if BTC dies then altcoins can't be called 'altcoins' anymore. So I guess the term 'altcoins' will die with bitcoin, but the individual cryptos won't necessarily die with it. And anyways thus is just hypothetical, BTC will never really die it will continue to be used in one form or another.

This is really a good idea for all of us here in this community. We all know that bitcoin will boom in the nearest future we will take. So the thing we should do now is to save money for the next generations. And by the year it will boom, they will have many money.

Welcome to Bitcoin and to the Forum!

The questions you're asking are great ones. However, they're also questions that you can find answers to REALLY easily on this forum or Google. I'd encourage you to do some reading here and then come up with some more specific questions.

I can help get you started with some simple answers.

Why would I invest in bitcoin? All sorts of reasons ranging from pure curiosity to love of new technology to investment diversification. Bitcoin is used as currency to buy things and as a store of value, i.e., a place to house your savings with hopes of value appreciation or hedging against the depreciation of stocks or savings held in fiat currency. One example often used is that of Cyprus. Are you familiar with the country of Cyprus and it's severe monetary crisis from a few years back? It was so bad that the Cyprus government controlled how much money their citizens could take out of their banks. Think about that. That government telling you that you can't access your very own money! How scary is that? Bitcoin offers an alternative. No government (currently) can seize control of your bitcoin, this represents safety and security.

What's the difference between bitcoin and dollars? Bitcoin isn't regulated by any government. It isn't created "out of thin air" as fiat currency is. There will only ever be a finite amount of bitcoin, which controls it's value. Once all bitcoin is mined there will be 21 million in existence, that's it. No one can ever create more (as is done every year with fiat currency). When fiat currency is created by central banks they reduce the value of the existing currency in the market, which results in inflation of prices. This is why the price of every day things (that haven't changed in 50 years, like groceries or utilities) have gone up in price over time. There's a lot of other differences, but it's better for you to read up on them.

Why would I gamble with bitcoin? I don't, but if you want to you can gamble for significantly smaller portions of money (like cents as opposed to dollars or tens of dollars). And you can do it from the convenience of your computer.

Here are a few links for you to explore:

• New To Bitcoin Thread: https://bitcointalk.org/index.php?topic=7269.0
• Why use Bitcoin? From Coindesk.com: http://www.coindesk.com/information/why-use-bitcoin/

Feel free to respond with other questions. I think you'll get better response if you educate yourself a bit first and then come back with more specific questions.

Have you bought any bitcoin yet? Do you have a wallet yet? (If you don't, PM me and I'll set you up and give you some bitcoin)

Good luck to you!

HI,

To me, Bitcoin is best for invest in Digital Currency than ethereum. Here the reasons:

* Ethereum is not just a digital currency
* Bitcoin is deflation while Ethereum is inflation
* Bitcoin is simple and limited
* Bitcoin has a first mover advantage
* Bitcoin have bigger community and It’s easier to get started
* Ethereum is less known and younger

Hope you get your answer.

Its because the bitcoin has many users and investors,that's why the demand is getting higher and the bitcoin is getting rich,as the bitcoin continues to grow up and being known many people are getting interested its because they saw the real effect when using this,and now people are continue using these in many various ways.And many factor of being the most expensive crypto,because bitcoin is the global currency as I say it is the most known crypto,and it has the potential to rule the money.

Bitcoins is forever,  I think this concept is way too far and way too early to say. Bitcoin is come in origin in 2009, bitcoin is an investment as well as cryptocurrency but it's very fluctuating,  it's prices rapidly goes up and down,  which make it highly unstable and the thing which is not stable how we can say it to stay forever.  Bitcoin is a good concept of investment and cryptocurrencies, but bitcoin is always increasing and fluctuates.  Bitcoin has so many alternatives present in market like altcoins and other crypto currency. Bitcoin is can not be forever as there is so much competition. Bitcoin is continously growing up but we can not say about its future as other crypto currencies are overcoming the disadvantages of bitcoins which attracts other faster than bitcoin.  Bitcoins can not be stay forever as there is nothing which is forever.

You can consider that you have the answer to your worries as in fact, the fork didn't happen.

Still, you can claim that further fork may happen in the future.

But actually, this is the way btc is. Constantly changing, evolving, offering new "forms" of itself...

I think that we are still far from using all the technical appliances possible to mine btc. Just leave it some time to get started and further forks shall not worry you! 

The potential of getting rich from it . I like the thought of BTC's value soaring & not being able to get taxed on the BTC's I already have. Just imagine if we end up with 10,000 dollar coins. How are the government going to tax us, they're not!

If BTC gains mainstream adoption you can spend your coins anywhere & no bank etc will ever know your BTC holdings/wealth. They'd only ever know if you cash back into fiat & why would you do that?

I love the fact that banks will lose control if BTC well & truly succeeds. It's a long road but we're getting there slowly.

One of the biggest problem in our community is unemployment. A lot of people do illegal things just to earn easy money. Now that I discovered bitcoin and learn how to use it, I can say that bitcoin will be a big help to our community. Everyone has access to the internet making it more easy. The idea is share bitcoin and educate them on how to use this properly. In that way everyone will be able to have a job and make their day productive. People will earn money tax free helping them save money for the future.

I think Bitcoin will dead if every country decides to ban Bitcoin permanently. Then, there will be no more people using Bitcoin because they might be arrested in this condition. And bitcoin can also be dead if there are a new cryptocurrency which is more profitable, more advance and can fix most of the bug of bitcoin. In the future, there will be more cryptos qualifying these facors.