Hi there jonathan6655321! I think what you are pointing about is the appreciation of people regarding bitcoins is low. In my few years’ experience talking to people about bitcoin and cryptocurrency, no one tell me they want it to shut down. Although there are times, they won’t believe what bitcoin could do to improve lives of the community. Even government question the credibility of the blockchain system, but I think what they aim is to protect the community against the fraudulent company that sprouts and taking advantage of the anonymity of bitcoin holders. And the fact that you are saying “wrong hands” is quite true which lessen their trust to the cryptocurrency.  

Hi there Tony_Nguyen! I hope you won't judge me to do the similar idea but absolutely that is also my goal. I think the only difference are the cryptocurrency you are investing and the amount you have invested it in. I am currently holding BTC and several altcoins including BCH and ETH and trying to buy when the price goes down and sell during price spikes to fasten my income. However, trading is a tedious work which makes me stay all night and day to secure my buy order when the price is low. To ensure additional income, I am planning to invest in a company like the ANGEL TOKEN to create wealth in the crypto markets, rather than being a passive investor. Hope it helps! 

Hi there Jake052478! I agree with you about utilization of bitcoin as a vessel in doing evil and unlawful stuff. Add on to that there are reports where different ICO nowadays operates like a  Ponzi or "pyramid" scam where a promoter promises investors unrealistic returns on fake investments at the end investors receives nothing. However, not all investment company do such unlawful things, my friend of mine has invested in ANGEL TOKEN wherein the investor could refund the investment even after 5 months period, guaranteed through immutable Ethereum based smart contracts which is an excellent thing to ensure your investment don’t go with the wind.  

Hi there bSpend! I feel great to be one of the 42.8% of people who occasionally sell or BTC. Those 27.9 % who hoard could be millionaire by now, lol. Anyway, I think that is the problem why companies who sell stuff or services online and even brick and mortar hesitate to accept cryptocurrency as payment. On the other hand, people who hold cryptocurrency always complain that they are hoarding because they hardly found a company that is accepting cryptocurrency. What a chicken and egg situation idiom. However, I hope that famous conglomerate company around the world follow the steps of Steam, Helen’s Pizza, Bitcoincoffee, 4chan and other who accept bitcoin as payment.   

Hi there rosber! You are not late if you will invest now, especially when the cryptocurrency such as BTC have a huge potential to skyrocket at $10,000. As I check the market earlier, the price is currently in its correction state and near to the resistance level rather than support level which is a sweet spot for buying time. Additionally, keep in mind that investing through trading you should keep an eye on the current market situation and beware of scams because there are investors that could potentially lose their investment in a glimpse.  If in doubt, you could check ANGEL TOKEN @ angelinvestors.io they provide the World's First Refundable ICO. Hope it helps!  

  Hi there bugsvanny!, That’s a great idea especially if you’re into crypto mining. I hope what you really what to know is what is the crypto currency that is easier to mine rather than profitable to mine. With the tremendous speed how altcoins sprout like mushrooms, it is hard to pinpoint which is the easiest and profitable. But I think two of the popular and easier to mine altcoins are LTC and DASH with the difficulty of 1,074,554.44 and 84,533,345.87 respectively. On the other hand, what could be profitable are the BCH ($12.48 revenue/profit) and PPC ($8.65 revenue/profit).  But at the end of the day, what you earn will definitely be converted to BTC which make it the best of all.  

Bitcointalk username: markleal
Link to Twitter post: https://twitter.com/BTCcryptogeek/status/931766036122165249
ETH address: 0x77E8F8a58700e7d686daB9016993F4E3054e3f98

  Hi there JohnHero! What I would personally recommend is to wait for a while because the price is in its resistance level and could signal sudden price drop in upcoming days to its support level which could be around $6,500-7,000 due to the considerable volume movement. You could check this link https://goo.gl/B6NXeY which will show you the bitcoin USD price; the red line indicate for selling while blue indicates line for buying. However, even though you buy today, it does not mean you will not get income, just don’t sell when the price is below your buying price.  

  Hi there imam ukik! That is an excellent question. The simple answer is “people sell bitcoin to gain more bitcoins!”. Yes, you read it right; that what most of the people do in bitcoin trading. Equipped with the chart and knowledge with fundamental and technical analysis of trading, one can take advantage of the bitcoin price swings. The most essential rule is Buy near at the support level (blue line), and Sell at the resistance level (red line). You can check this link https://goo.gl/B6NXeY to see the graph as an example. Hope it helps!  

  Hi, there luxcoin! As far as I know, there are only around seven countries that prohibit the use of cryptocurrencies. I agree with you stating Satoshi's aim of creating an alternative payment for internet commerce. Currently that dream is little by little realize as more company embrace the technological change of accepting cryptocurrency big names includes Microsoft, Newegg, Steam, and much more. However, most of the bitcoin holder prefer to earn more bitcoin rather than spend it which become the reason why most of the bitcoin transactions are conducted in the investment.   

  Hi there Games.Bitcoin! The idea of receiving and paying wages through cryptocurrency is much like what we are doing here. A company who want to gain web presence, advertise or gain customers search for a manager. The manager recruit people, and the people as workers who perform the jobs were paid by bitcoin from the company. The payroll in a form of online spreadsheet is exposed to other worker for transparency. Once the job is done and paid, the blockchain transaction is visible to the public which make the entire system fool proof. I think this could be applicable in other company.
So why this is hard to implement in most of the company who pay in fiat? The company will need additional task and cost to buy bitcoin that will serve as a salary to the worker. If the company gain its income through fiat, it is more economically feasible to pay wages through fiat and if the company earn its income through bitcoin, it could be more economically feasible to pay in bitcoin.  

  Bitcoin has several advantages regarding the improvement of the economy, especially in unemployment. A significant amount of independent miners are observed in Chinese provinces which help those people to earn money without employing a regular job. On the other hand, cryptocurrency companies open up new job opportunities due to the increase in demand. A survey state that 1,876 full-time positions are occupied in 150 cryptocurrency company, which could be estimated that each company has an average of 13 full-time employees 

  Hi wawan99, in my point of view, there is a little chance of a possibility that bitcoin could be the world currency due to different countries laws and regulation regarding the cryptocurrency. If I'm not mistaken, seven countries prohibit our popular bitcoin. But even lifted; the government is still hesitant to promote or support the use of bitcoin which will ultimately block its way to be the world currency. However, given the fact that in ancient times people use gold as currency and as we can see today people use fiat money that makes us definitely to think that bitcoin could do the same.  

  As far as I remember there are reports that the first Bitcoin commercial on TV air on ESPN three years ago which made its way to over 100 million households. The advertisement is backed by BitPay which I think paved its way to success. Dash was reportedly aired on the United Airline’s TV.
TV advertisement could give a significant effect on the people who may be encouraged to invest in Bitcoin. However, bitcoin companies would prefer online ad rather than TV to target specific people based on age, location, and other details. Additionally, BrightRoll survey reported that 72% of the ad agencies confirm that online video advertising is much efficient than TV advertisement. In the end, online or TV ads could help to build a more robust bitcoin era. 

  What I will fear is not knowing that the price is going down tremendously which reach to the point that my investment is much lower than the current value. I mean getting a negative profit will definitely hurt, but going deep more to that and fall hard will make someone cry.    


  Maybe I will still use bitcoins in some online activities. However, when the value goes down at the very bottom, it could be hard for some people to cope with it especially when the value is way below the local money, and processing like converting and exchanging will still come with 7-10% fee. On the other hand, I hope this speculation won't come immediately so we can enjoy the era bitcoin.

 Hi there erickkyut, I plan to invest, invest and invest it more until to the point of huge return!


  Continuous investment in Bitcoin is still inevitable until the price is higher than the local money and the stock have a huge variation. Comparing to some local stock which could increase in value up to 10-20% a year in average make the bitcoin still the winner. However, local stock have few more bonuses like dividends and the like which would make you feel satisfying. At the end no one knows the future, what is important is to gain money form this activity.  

  Hi there tony_b!. There are more than 10,000 ATM in Spain that are capable of exchanging bitcoin to fiat. Bitcoin ATM are from thru the partnership of BTCPoint, Banc Sabadell, Hal-Cash, Banco Popular, Abanca and EVO Bank. The good news is that some don’t require you to have a credit card or bank account to withdraw cash. However, processing could be painful due to higher processing fee compare to an online transaction. Nevertheless, this is a great help for those who are willing to exchange bitcoin in Spain. 

  In my own opinion, digital currency will not replace paper money in the next ten or twenty years specifically in the developing countries like Africa and the like. Why? because there are still more places without internet or cellular connection which as we all know a requirement in bitcoin transactions.

  I hope my quick research about this could help. Check the list below:  

Country	Reason of Ban
South America
Bolivia	Not controlled by a government or an authorised entity
Ecuador	Establishment of a new state-run electronic money system
Central Asia
Kyrgyzstan	The sole legal tender on the country is the national currency of Kyrgyzstan som
South Asia
Bangladesh	Anti-money laundering laws

         

       

   

Kudos!  
Let me add by citing an example related to technology which is the Dot-com Bubble or Internet Bubble. When the Internet becomes popular in the 90's companies start to invest millions of dollars to websites, some are rushing to buy domains and sell at a much more higher price. When the 20th century arrives, company investments don't generate enough income thus websites together with the company bankrupt one by one. Some notable companies survived like eBay and Amazon among others, but as you can see right now, those two companies are leading.