They always say that invest only the amount that you can afford to lose, That is the general rule since that all investments are risky so you have to be ready and prepared of the outcome of your decisions and actions. When it comes to the amount, I personally think that the starting amount of investment doesn't matter. You can start very small or big, what matters is the consistency of you, adding to your investment. For me, a small but growing investment is better than a big but stagnant one.

The main factor that affects the value of Bitcoin is the interest of the people in it. When there are people buying it, the demand is increasing, the value will go up, when people are selling their Bitcoins, the demand is decreasing so the value is going down. Mainly it is just the demand since we all know that the supply of Bitcoin is limited and is constant at 21 Million.

In my humble opinion, I do not think that there is any correlation between the oil price hike and Bitcoin market activity at all. What I know is that the price of oil may have some effects on the fiat currency but not Bitcoin or any crypto currency. 

I know that everything has an ending, but when it comes to Bitcoin , I still know that one day it will end but not now, not anytime soon. We are just on its early stages, it still has a long way to go, a bright future a head of it. For now, I don't think any coins will be able to replace Bitcoin for the time being maybe, in few years time and I am seeing only one alt coin that has the same potential to be as great as Bitcoin and it is Ethereum.

Personally, I think the crypto currencies will have a very long and bright future ahead especially Bitcoin. We are just in the early stages of these new technological innovation and yes, there will be more regulations coming, but I see that as a good thing since governments will be implementing regulations around cyrptos, this act will make people trust it more and be interested in getting into it, a good thing in the long run.

I agree with awareness but it doesn't end there, there should also be a full understanding of what Bitcoin is, how it works, and what are the things that it can do to our lives. With these two, we would be able to ensure the growth of the community as well as the growth of Bitcoin world wide.

I get your point that a currency with volatility is not suitable as a currency for our daily needs. Yes it doesn't affect the price of the item you bought when the Bitcoin price goes down but then the profitability of the items will decrease since the merchants are also using Bitcoin to buy the things they sell.

I believe that Bitcoin is for everyone. Anyone who is determined to learn more about digital technology to earn for themselves or for their families. As long as you are determined and focus on your goals, patient and hard working, you will be successful in it. I said it is for everyone because Bitcoin is not just for traders or investors, there are a lot of other people working and earning through Bitcoin with out trading or investing coins like those who are working on campaigns, different tasks, Bitcoin is in all other platforms, social media, this forum, twitter, telegram, you tube, even programmers, developers,writers, bloggers, vloggers. So I can say that Bitcoin is for everyone.

The best option with the current state of the market is to HOLD and not to sell your Bitcoins. No body wants to sell at this moment since more often than not, it is not going to give them any profits, worse, they will lose some money if they do.

Definitely, Block chain is the technology in which Bitcoin runs, Bitcoin is awesome, but what I think is, it is awesome and successful because it runs in a great technology. I know that Bitcoin is a major part of Block chain's introduction to the world but I also know that there is more in Block chain than just Bitcoin, so I know for sure that Block chain can and will survive even without Bitcoin.

Well we are in the new era of digital technology and Bitcoin is the virtual currency of this said era. It is a revolutionized innovation that is why a lot of people are so interested into it plus the fact that it says that it is a way to earn and invest for your future, people will really be interested. But also a lot of people are not ready for this change, especially for those who thinks that this change will lead them in bidding goodbye to their old ways, old systems ans stuff. Those are the governments, banks, big corporations.

To be honest, I think it is best if Bitcoin is approved by the government, but it is not a necessity. There are countries that doesn't have clear status on Bitcoin if illegal or legal but then a lot of their people are using it and into it. It is something that adds trust and confidence of people that Bitcoin is something that they can do especially since it involves money and investments. And for those who ban it in their countries, they should know the reasons why their government did it, so at least they will understand why they need to follow such law or regulations.

Personally speaking, I prefer to utilize my Bitcoins as assets in my trading and investments rather than using them to shop online. Don't get me wrong, I was also able to use it as a mode of payment before, no hassles, I just see it as more  convenient and efficient using it in trading and investment. Its value is so much that, I am having a hard time spending it online wherein I can spend fiat anyways.

Based on my experience and I am sure most of the people here would agree with me, the things that annoys me and most of us in Bitcoin mainly would be its very long transaction turn around time plus the high transaction fees. I hope that in time it will be fix, I am sure that it will make a lot of difference in making out Bitcoin experience better.

I have a strong belief on that, not just because I love Bitcoin but because of the historical facts and data that is showing that this scenario has been happening over and over again, but Bitcoin has been strong and resilient enough to rise from every fall. It is still here amidst all the struggles and challenges through out the years so I know that the tide will turn real soon and Bitcoin will soar high again.  Bitcoin perishing will not happen now, not tomorrow, not anytime soon. Keep your heads up y'all.

Personally, I don't think that Bitcoin is the new economy, it is an technological innovation that has started to change a lot in the world economy but then I don't think it is right to call it an economy. I think it is better if we just call it the Era of Bitcoin, where in Bitcoin has a great influence on the changes that happened, and these changes are all for the better. With the we are only at the beginning part, I definitely agree with that, we are on the early stages, where in not everyone knows and truly understands what Bitcoin is, its purpose, how it works and how it can change lives. So spreading the word, being a great example and teachers about it would be a great help not just to the crypto currency industry but to the world.

I think if ever the people and the government would have a talk about Bitcoin legal status, it would be a great help and a win win solution, If only we are listening and understanding each other's points of view and perspective, then we will be able to come up with a great action plan that will benefit us all, not just some people but all. Let us put aside our differences and talk, listen and truly understand. Bitcoin is a great innovation that can help all of us, but then yes, it will have a great effect on some businesses, plus, it cannot be controlled, that is why there are some people using it for bad activities so if ever we meet, and have some regulations around it, implement it to everyone, then I think we call all maximize the fruits of Bitcoin together.

For me the real life usage of Bitcoin is to be able to open the gates of opportunity to people, anyone, from any where, regardless of the age, race, status, educational background and all. As long as they are determined and hard working individuals who wants to earn a living to provide for their needs and their family's. For some individuals who are in the country which is very open and welcoming to Bitcoin they can use it as an alternative to cash or fiat money but for most of the people and users around the world, Bitcoin is for trading and investment, it is a means and platform to earn may it be full time or just part time, bottom line is it is a real means of earning.

Thank you for your post, it's a litlle spark of hope to everyone that Bitcoin is alive, it's kicking and it will stay. Amidst all the negative news, false news, black propaganda against it, we should be the ones who will be the spark of hope to our community members, because we know Bitcoin better, we know what we believe in and we know that it is going to rise again and soar high in no time. Never lose hope guys, Bitcoin is awesome and there may be some struggles anmd challenges along the way, I know that it will pull it through, just how it did over and over again for the past ten years.
 

Well for me, I don't think coward is the correct term, the fact that they are into crypto currency most especially Bitcoin, they are already courageous enought ta take risk to be able to gain profit to provide for their families. Being scared, or afraid are natural and I believe that allowing your self to feel those emotions would not really matter until you let those emotions get the best of you. Like letting those hinder your decisions or will lead you to do some things without thinking about the repercussions and consequesnces that may come with it.