No one will dispute that fact that bitcoin has lead to the increase in criminal and criminality, what ever that has an advantage also have a disadvantage as bitcoin has help criminals to carry out they activities in notice so is also the bank and so many other financial institutions. But the fact still remains that due to the decentralized mature of bitcoin criminals will fine it as a safe heaven for the illegal payments for arms, drugs and even corrupt government officials will choose bitcoin to launder money out of the country unnoticed.

Speculators will always speculate and the price of bitcoin will either keep getting high or keep falling down that is the features of bitcoin because bitcoin is so volatile that you can't predicte it movement it can be high in this moment and in the next hours it get low again. And one thing we should understand about bitcoin is it ability to control price there is what we call price correction in bitcoin you don't expect bitcoin price to just be getting high every time it must come Dow at some point in other to correct the chart.

Well the prediction is right in some way we saw how bitcoin price rise to as high as $20000 in 2017 and now in 2018 the price dropped down to $13000 in this January, in as much as speculations are going just know that bitcoin is so volatile that it price can change at any point in time. So my advice to you is that you buy now that the price is low since you intend to hold it for a long time you will gain a lot from your holding in a short time to come.

Bitcoin has a great chance of completely absorbing the world financial system is only a matter of time before we see this happening, great number of people around the world are bigging to come to the realization of the fact that bitcoin is a great avenue for a flexible financial system and freedom from intermediary. With bitcoin the world financial system will function as one and having a great chance of changing the growing population of the word financial view and idea aside the well known old and traditional economic system we are having right now.

The advantages of having bitcoin are so many, bitcoin us a great assets so at that when you have bitcoin be rest assured that you are holding a great assets that has the capacity to turn your life around. Secondly bitcoin as a currency and as a member of the cryptocurrencies is good and safe for payment and does not need any third party for it transactions, bitcoin price is always volatile and in that case it is very hard for forks to speculate it price correctly. Bitcoin has the ability and the potential to gain popularity and increase it value and demand within a short period of time.

Bitcoin is a digital currency which is use as a medium through which we can exchange values and pay for goods and services using the online platform such as the internet, bitcoin also is a mathematical computer codes that is attached with a value when the codes are done in a calculative way. Bitcoin is founded by the great Santoshi Nakamoto and bitcoin is the first among all other cryptocurrencies that we have today, and it price is so high against the US dollars.

Why all this talks about a bubble, if bitcoin is a bubble it could has bursted long ago if the price of bitcoin drop to as low as 0.00 cent it has not still bursted because it will still rise again as long as bitcoin is still listed in the exchange market. A bubble is just the same as ponzi scheme which do not have any value in the exchange market but are just play mind games on the people and can burst out of existence at any point in time, bitcoin price will continue to fluctuate because there is what we call price control in the exchange market if a price of a commodity goes high in the market it is expected to come down in other to correct the chart. And also under that bitcoin and other cryptocurrencies are so volatile in nature and at that their price is not stable.

I see bitcoin as the world currency and that is a great dream to me, it will make the world so universal and strong but in as much as making bitcoin a global currency will bring close financial tie's among nations of the world it will still be faced with a lot of problems such as the technological inability of most of the undeveloped countries of the world where the is no electricity and technology that will support online transactions such as bitcoin and other digital currency whose life depends on modern technology. So it will take a long time before that can be achieved.

Who will see the great potential that is embedded in bitcoin and the rest of the cryptocurrencies and will not want to be a partaker of it, cryptocurrencies over the years most especially in 2017 have build a great market environment for them self with so many ICOs that came up within 2017 and became successful having the ability to turn your little investment into a great furtun cryptocurrencies are indeed the deal of the day all thanks the their king which is bitcoin. So many peoples financial life are being turnaround for the better.

To me personally I choose bitcoin over all other cryptocurrencies because bitcoin is the mother of all other cryptocurrencies and it has the ability to sustain it market value over the year, so many cryptocurrencies has came up in the past but are no where to be found now but in the case of bitcoin there has never been a time when it technology has eve been hacked. And bitcoin capacity to increase in price within the shortest period of time has gain it a very popular and unique mark in this time, and bitcoin has the potential to grow in value and price in the exchange market.

In other to be able to answer this your question we need to understand the both concepts which are, 1 assets, 2 currency.
First what is an assets, an assets is any valuable property which is of value and it value has the capacity to increase as the demands get high.
And currency or money is a medium through which we can exchange value e g goods and services, paying for goods in the market. So while assets has ability and potential to grow in value and price, a currency has a fixed value which does not have the potential to grow no matter it demands. So bitcoin is more of an assets then a currency.

Bitcoin is the most popular among the cryptocurrencies due to the fact that bitcoin is the most valuable among all and at that it demand is very high couple with bitcoin potential such as market value high demand and highest price in the exchange market. Bitcoin is the mother of all cryptocurrencies that is all other cryptocurrencies comes out of bitcoin and bitcoin is the first crypto currency and at that it foundation is will established. This are what make bitcoin more popular then other cryptocurrencies.

My regret about bitcoin was not investing in bitcoin earlier then I did in the year 2015 when bitcoin was less then a dollar my friend did every thing possible for me to invest in bitcoin, but I was reluctant to invest in it couple with my past experience from ponzi scheme which I was scammed so I feel bitcoin also is a scam. But later when I saw my friend life being turn around financially I decent to join the moving train but the bitcoin was $5000 already, I regretted but thank God am into it now.

The cryptocurrencies world is full of competition, competition between the different cryptocurrencies but one can be rest assured that the king of crypto which is bitcoin has been on top of the game ever since. But that not withstanding ethereuem becoming more higher then bitcoin in term's of price is possible because in the cryptocurrencies world volatility is the order of the day and any thing can happen with time.

The are so many reasons why choose bitcoin instead of cash and I will highlight some of them below.
1 bitcoin is a potential investment in the sense that when you leave your bitcoin for a long period of time it tend to increase in interest and make profit on you initial capital.
2: and secondly bitcoin has high security most especially when you are careful but cash can be stolen in so many ways either by scam or robbery.
3: bitcoin can be use to carry out transactions all over the world but cash is limited to only it country of origin.
So bitcoin has so many features that cash don't have.

What most user of bitcoin don't understand is there must be a correction drop each time the price of bitcoin rise, and am very happy that bitcoin price is rising again after the dip drop in late last December. A lot of speculators have speculated that bitcoin will drop to as low as $10000-$9000 they speculation lead many holders of bitcoin rushing to sell off their bitcoin but thank God those that waited and hold are now smiling again, what they don't understand is that this up and down movement has been the trend in bitcoin over the year and bitcoin price can't continue to rise alone it most drop at some point.

The number one feature of a good investor is to be optimistic and shorn negativity, always be positive in the investment you are undertaking because positivity is the mother of multivation and multivation is the mother of result. In investment you have to be patient if not with a little discouragement you can be thrown off balance and loose focus in your investment which always lead to poor performance, so in all do the right investment carry out personal research on the area you which to invest in and go all out for it. With this quality and a capital to start up in no time you will see your money working for you.

Bitcoin is a savior as at the middle of 2017 I was broke and confused and my financial life was at a zero level and the government was not helping matters coming from a 3rd world country which the problem of economic crisis was at alarming stage and no work was fourth coming for Lot's of graduate's in the country to feed was a big problem. But ever since I got introduced to bitcoin and this great forum my financial life has turn around for the better I can now take care of my financial needs without depending on help from family member's, and also save enough money to help my family. Bitcoin is indeed a savior.

Bitcoin is rising in price already as at today bitcoin is above $16000 and still rising, no one can predict the price of bitcoin either it will move up or down. As at the time this topic was started the bitcoin market was falling due to sustain many factors ranging from the season of Christmas which witness so much selling of bitcoin rather then buying and the thousands of unconfirmed transactions that discourage people from using bitcoin for transactions but thank God all this are subsiding now and the market is picking up again.

The bank it self is an institution of government and the government run the bank, even if all the general public option in to use cryptocurrencies as means of making financial transactions the bank will still exist but only the commercial banks will be greatly affected. Banks are already aware of the revolution that is about to take place in the financial sector through bitcoin and cryptocurrencies.