Bitcoin indeed cannot be a global currency at the moment but that's not to mean that it cannot become internationally recognised as a world currency and receive international usage and application. However, the bit coin may not get to that height and acclaim alone. It will intact be a herculean task or more must be achieved in the crypto world before such recognition can be. We watch to see what shall result.

The idea of algorithmically finding what the bitcoin should be to replace the dollar is not in the interest of fiat and world users. The provide of bitxoin alone is not and cannot be the sole and single reason to what must be before the dollar disappears. Matter of factly, the bitcoin even above the stated price will not remove the dollar. The high price of bit coin may not be realistic as that money equivalent in dollars will make many stupendously rich and create a reverse effect on the economy.

I think the stock market and the crypto environment both operate on price speculation, direction and bearish or bullish runs. The crypto world cannot be effectively run except by price speculation or prediction. This is a fundamental and core part of the market as without the price, volume or exchange predictions, investors may likely not invest. To excessively believe or rely on predictions can have negative consequences, however, to not look out for price speculation or prediction is to attempt to run on a cliff in the dark. Great shall be the fall.

I'm quite perplexed at this. I'm sure hackers deliberately decided to pry the wallet using the back door just to prove that his name doesn't matter in the bit coin affair. I equally feel sorry for him because this is a loss not just to him but to potential bitcoin enthusiast who may hold valuable assets in their wallets. What's more? If this can happen to him, it could become anyone else's lot. Crypto therefore is still prone to attacks because of bugs or flaws.

When the markets rally and the bullish run begins I hope some wiseguy will comeback here to acknowledge they were dead wrong in this kind of statement. If you think, the bitcoin is going to die, you had better thin again!

I really laughed out my heart especially on the third point. Well the best way in my opinion to convince people (and possibly confuse them about your wealth) is to show proofs. Tangible proofs on't lie especially to your folks and friends who have known you before and written you off concerning crypto and the future.

The Oracle of Omaha may have carried the day on quite a number of predictions and speculations in the past, but the rallying power and effectiveness of the bitcoin and altcoins is gradually and surely proving that Warren Buffet got it all wrong! Just because I don't understand the way magnetism works dos not mean it does not exist.

This in my opinion is not just good news but great and welcoming news as the South Korean nation will now champion the cause of making sure that the security and proper monitoring of events on the cryptocurrency world is monitored and checked, and not necessarily centralised. It is good to have all these in place.

I do not think that it is not possible to crack the bitcoin code. What we should however know is that the chance of it being cracked can only come from a highly sophisticated and well organised system that would have billions of dollars to spend in the purchase of hardware and related components that is not and cannot be called ordinary.

While this is a welcome development, it must be pointed out those from the south American continent who plunge in first will take the biggest cut of the pie and enjoy an overwhelming support over time. the bitcoin is breaking barriers and proving reliable amongst trust worthy, firts rate companies who understand the meaning, purpose and uses of cryptocurrency.

The fear by the SEC is unfounded and the overwhelming votes in the support of the bitcoin financial space reflects the confidence and trust the people repose in this new, fast and reliable method of carrying out financial transactions. The SEC will have no choice to eventually accent to the will of the people who are willing to do business with and via crypto.

The transactions on an exchange for example can be traced to a particular IP address which is a peculiar gate way or access by certain codes for any member or citizen of the country. This certainly requires high powered super computers with the ability to carry out trace inquiries on a grand scale using modern and fast technology. It is overall possible.

The cost of electricity is one of the major reasons why transactions cannot be zero. However, when there is a cheaper cleaner and much accessible means of electricity,this could drastically bring down the cost of transaction costs between exchange sites and wallets or during wholesale transactions. Till then it won't be possible.

Bitcoin is just 10years old and some folks are beginning to think that the bitcoin has accomplished its purpose? Far from it. The bitcoin is set to take new territories and conquer new nations whose economic policies and analysts seek to discountenance and disregard the future in financial transactions which is the bitcoin. The revolution has just began.

The ability to present information in a succinct and intelligible manner is a characteristic of a deep thinker and user of words on pen. The dates nothing happened would have been deleted and give one the moral rectitude to continue reading. The history of the bitcoin and its inventor is quite amazing,however it is wiser and smarter to keep things simple.

The bitcoin value is beginning to rally and the markets are beginning to show potential hopes and aspirations for both holders and traders of cryptocurrency. To opine that the coin will further lose value is to speculate and to walk in the dark with your eyes covered. Many factors, seen and unseen affect the way the market prices will climb, stabilise and rally.

The idea of a trust environment is only as limited in functionality, value and effectiveness on the basis of the fact that the flaws (if any) are yet  to be seen and exploited. the idea of using a hard or cold wallet still overall out performs the conventional TEE which is taking a wallet that has assets off prying eyes. The Samsung's idea is yet to be refuted or corroborated by any smartphone maker and until then, this remains a statement, not a fact.

The bitcoin is a revolution and as such there must be a fear by the old traditional finance houses who see the crypto revolution as a serious threat to business as usual. the game changer is here and many who have enjoyed and profited from racketeering are about to be edged big time out of their shady business.

The bitcoin acceptance is beginning to spread into big tech companies and fortune 500 groups. This is  much welcome  development and those who begin so would certainly have a head start when the gains and profits begin to pour in. At the moment the bitcoin, we hope, will continue to rally in price to enable other big companies give it a serious rethink and consideration. this is a plus for all sides.

To protect yourself from scam and related infringes, you will need to have a highly suspicious mindset such that when unsolicited mails arrive, you are wary to click on them talk more of clicking on them. This way you stay safe and unnecessarily predisposed to hackers activity and fraudulent messages. The other point is use a metamask or trezzor wallet to stay safe from the activity of internet sharks. That way, you remove you asset from online to offline and keep them cold.