The main attraction for btc are they are tax free form of investment even though transactions can be done in limited time period one of the vital thing of btc investment was that it is tax free as compared to any other forms of investment and the returns on investment is 10 times higher than any other forms of investment and we don't have to wait for longer period of time to get returns.The investors will still continue to make investments even though taxes are introduced on btc as they won't get as much profit from kinds of investments available in the market.One more main to note is that there is no need to impose tax on btc as it is automatically taxed when the fund goes to the bank account of the btc holder.

Well so far nothing has changed in my life as you said that btc has changed the way we live in.Nor did it change the way i did business on.I agree with your statement that bitcoins has changed the way in case of travelling because now a days most of the hotels has already started accepting btc as their mode of payment and btc is also accepted by most of the corporate business as it has fast process of doing the transaction from any part of the globe and hence it has helped most of the big MNC to close the deal on time.Now a days most of the people has started accepting blockchain technology and most of the big Business are trying to introduce in new digital coins just like the btc as they got impressed by the leading crypto btc. Just like everyone i also try to bring in a change in my life and also use btc in my day to day say for like travel purpose i make payments via btc.

Well as per me I consider btc as the best investment assets one could have in their life.I don't consider btc as a currency even though it is a digital currency which is accepted and recognised  globally.I still see them as an investment just because we can enjoy its profits only when we convert them to real cash.There are few other reasons which make me see btc only as an investment as it is not backed by anything like real life currency say for example it is not backed by gold or stock to build it's value infact the market is being maintained by the Trust build in by the people within it . Some see it as an asset where as some see them as currency because some companies already started paying their employees by using btc.

Well we don't have to stay negative when we are still investors of bitcoins .Some of you said that the price never reach 65k or whatever it is just blunt but did expect that the price of btc will cross 20K USD by 2017 was that something you already knew?  No right then what's the point in being negative about things which you are not aware. As far I know bitcoins nobody can predict the price of bitcoins we just need to stay focused  with the market trends so that we can move along with the market trends. Even I believe that the price of the btc will go beyond 45K USD or beyond that as it is something which is not predictable by someone .

If bitcoins were not created the world will not know anything about block chain technology and  digital currencies there will be no digital currencies nor will be university or college which will focus on blockchain technology and crypto currencies. As we all know that bitcoins are the first crypto currency which was introduced and the rest digital currencies came after it by following the blockchain technology used for creating bitcoins we have to be thankful to the creator of bitcoin technology for introducing such an investment form with high benefits and it is also helping as secondary income.If this was not created the world will only be stuck with the available investment form that is share market, mutual funds, real estate and so on.

There are several Universities which has already started providing full time courses related to cryptos and bitcoin technology and it has already become an important curriculum in the field of computers and business studies and there are students who are already enrolled in those courses .Recently i came to know from one of my friend from India that an academy has opened in their country as well which provide courses related to block chain technology and digital currencies and he also said that there are several par time course  course providers as well.which already makes it clear that btc  education is something important in everyone's life.

Bitcoin is not banned in my country here anyone can use btc or whatever they want.In some countries the government banned bitcoins and all i got to say , about that government is that they are losers as they have banned the citizens from using one of the best investment goal which could help them improve their financial side as per my view if a person grows up financially he himself is contributing his part of financial affluence for his own nation as well  because if you check for yourself if an investor get profits from their investment their profit will be cashed and it will be converted to cash and nobody store it as btc when they get profit as the profit can be utilized only when it is converted to cash .The ban happened as the government did not have much idea about btc and they tried to impose their rule but they cannot do anything on it as it is not something which is coming under any government and banning it does not affect the business of btc on long run.They don't realize the loss that they have by imposing a ban.

There are various reasons in which btc were considered as dangerous for the nation and which resulted in banning of btc .The banning of btc has happened all due to the the lack of knowledge of what exactly the activities of btc are and what role it is playing in the investors life .Some government had fear that btc is a threat for the nation as all the people are rushing to invest on btc rather than making normal deposit in the banks when a person make btc investment the government does not get any kind of information about the user as it is a decentralized platform and they are not taxed for making investments on btc but the government did not try to understand the positive side of btc investment because when an investor find its investment profitable they automatically sell of their digital coins so that they can enjoy its profit and they cash out their money and it will be going to their bank account and in banks they are automatically charged service tax for the amount that is credited in their account which is normally contributing in the economic development .The government should try to realize the positive side of their citizen making investments on btc that it is naturally helping to improve the nation as well.In some countries the government gives warning to their citizen as the price of keeps changing every now and then and they don't want their citizen to end up in debts as most of the people were taking loans to buy btc which is not a healthy practice.

So far i was never being scammed by anyone relating to btc or projects based on bitcoins.But today  i happened to get an sms related to btc on my mobile .But i did not try risking myself by opening the link that was send along in the message as i have heard few things related to the scam that has already started attaching mobile phone and things are getting hacked including the wallets were being hacked so i never open any links which come as text on my mobile as i don't wish to put myself at risk.

What are you going to get by knowing how many cans coke a person can by using a dollar in their country it has nothing to do in this economy forum.By the way you haven't specified which dollar you meant as there are different types of dollar they are as follows US dollar,Singapore dollar,Australian Dollar,Newzland dollar,Canadian dollar,East Caribbean dollar,Bahamian dollar,Barbadian dollar,Belize dollar,Bermuda dollar,Cayman Islands dollar,East Caribbean dollar,Fijian dollar,East Caribbean dollar,Guyanese dollar,Hong Kong dollar, Jamaican dollar,Namibian dollar,Surinamese dollar,Solomon Islands dollars,New Taiwan dollar,Trinidad and Tobago dollar and so on like that there are different kinds of dollars available in different countries but the value of all these dollars are not same and in my country it is not possible to buy even one can of coke with a dollar as the value of one coke is more than a dollar i randomly found few wending machine which provide coke at 1$ but it is rare to find one for a dollar.I am not sure about the price in the grocery store as i don't buy them from there i only have it from the wending machines which cost more than a dollar.



   

It can be said as it is already too late to invest in btc as the price of btc has already started improving in its market value and if you check out for yourself you can find out that the price of the bitcoins has already crossed 9K USD which is not that not easy for everyone to afford to buy btc at this rate at least people should have tried making more investment when the price hit 6K USD.It is never too late you can atleast buy btc as smaller units and make investment on other alt coins as well because only alt coins rate will grow along with the increasing market value of btc.At this rate also i don't think it is foolish to invest because the market will continue to grow and it will only give profit for its investors.

It is true that lot of people come up saying that they missed opportunity to make investments at the right time due to various reasons.Some used to think that they should learn more about bitcoins and some said that they lot opportunity as they did not have complete faith on btc as they used to think that it was an online scam and by the time they realized its value the rate was too high for them to invest on it.There are even another set of people who said that they were waiting for the price to go even low so that they can buy them at the lowest rate and finally ended by buying nothing.I have always felt that it was all just an excuse if a person was really interested to make investment they would have bought it at the available rate instead of saying they missed out everything.

Yes of course your question is genuine and it is one of the most commonly asked question in this forum as most of the new investors will have queries  regarding this and this forum is meant to clear all the doubts related to btc .As per my view and learning i have come to know that bitcoins are something which we can rely on for a long term benefit and the market will continue to grow and there is no doubt about it as you already see the market value of btc has already started recovering and there is no doubt that the market of btc will continue to grow and it will remain as the best investment .

i have already invested on btc and other crypto as i found the price favorable and i did not miss the opportunity to grab as much as btc at the lowest rate available in the market.I know the market of btc will be having a bull rush in the next few days and it will touch an unexpected level after the corrections stops followed by the meeting we will come to know and more people will be shocked to see its growth in the market .I have even invested in various alt coins which has more probability to  rise along with the rise in value of btc.

Teaching kids related to btc is not a simple task in fact not just kids no matter what age a person is one should have vested interest towards it to learn something.Now a days the kids are so bright that we don't have to spoon feed them everything they will have more idea than us.There are even kids who do coding from a very young age and there lot of young entrepreneurs in this generations who run IT companies at very young. In fact nobody can predict how many kids are active users of bitcoins. We only need to give a rough idea on what it is and leave the rest for the kids to decide.

So far i have never got scammed by anybody in regard with btc as i don't try out something which says i can double my btc infact  i try it own my own by doing trading.I know trading is risk and it all depends on luck and one should have wide knowledge on how the market is running to do trading but trading on btc also has never disappointed me as i used to get advice from the once who were active traders on btc and i used to follow their view so  i never had to regret my decisions.

Well i know that there will be a meeting conducted in the next few days which can help in regulating the growth of the btc market the corrections in the btc market will end by then and the market value of btc will continue to grow back in its value.Everyone know that the crypto market are already popular in globally and there is no need to educate everyone individually as it has become a hot topic of every media news channel and news papers and social media networking sites and now everyone know what it is and its value. I know that there will be lot of changes after the meeting.

It is true that btc will change everything in the investment world as it has already brought in a revolutionary change globally for investment.In the past we had to wait for longer period of time for the market value of our investment to grow and by the introduction of btc everything has changed that the market value started growing faster than any investment and it has even crossed 20K USD and it can be considered as the master of all investment even though there is correction going on in the market things will be back to normal soon.

Sathoshi the real creator of bitcoin is not dead .Don't be foolish to think that he is dead in fact he cannot do anything if the market is sinking.One of the main reason for the market to sink is the false news and the fake information that people spread through social media and the recent fake info provided in the wall st. has also down marketed the value of btc as they gave false info about btc. Satoshi has already done his job and his work has proved to be the best investment globally and i hope the market will recover soon . Nobody know where sathoshi is but i believe that crag to be the real sathoshi.

Its okay to ask doubts and it is not foolish to raise queries regarding things which you are not aware of.A person can only improve their knowledge by raising queries about things which they are not aware of and they can improve their knowledge and can make wise investment by learning about things which they are not aware of.You should understand one thing that btc was the first digital currency which was created and introduced in the digital market and it is the leading crypto currency rest all the crypto came after that and the market value of all the crypto keep changing depending on the market value of btc .Say for example if the market value of btc rise the rest crypto market will also grow and if there is a crash in the btc market the rest crypto will also fall.