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Decrease in bitcoin, increase in demand. Just strategy
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We don't really need bitcoin. No need to strain financially to buy it. ts just like gambling, you win some you loose some. So don't be willing to spend your last just to get bitcoins.
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Anyone can make one that is why there are so many crypto currencies which means that some of them are a scam. I would advice diving into the crypto world by purchasing just the major ones leave the rest alone.
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Some people are just ignorant and do not know what bitcoin really is that is why they are against it.
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Yes, i think its a good idea to invest in bitcoin but do not invest everything. Do it in moderation because you never know what bitcoins future looks like.
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Bitcoin definitely needs social media promotion. Just like any other product if the masses are aware via social media it gets more awareness and eventually many people will research on it and understand it.
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Its simple, no internet, no bitcoin. Its a coin founded in the digital world so it does not exist without it.
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The fees are too high to buy $100 worth of bitcoins.. If guys just stopped transferring in BTC the rates would be lower!
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Bitcoin is at its highest and the price and demand for it simply makes it the best coin out there.
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People sell bitcoins when they have reached their desired profit goal while others sell when they feel like the price is too low and give up. Others simply sell to get paper money in exchange.
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I would not advice you to do that. Turning all your money into bitcoins is very risky simply because this is something that is still trying to gain acceptance and is highly volatile. Anything can happen and the prices can go down, emergencies come up during that time and you may not have the money to pull yourself out of a situation.
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Bitcoin is a decentralized digital currency meaning it exists only in computers and in the case of war, it would be easier to transport bitcoin than Gold, its that easy.
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I don't think bitcoin will make banks disappear simply because banks will always have a service that bitcoin can not offer. For instance if you need a loan or mortgage how would bitcoin facilitate that service? My opinion is : Banks will simply upgrade to accommodate bitcoin but will not be eliminated completely.
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I have a feeling that digital currency will one day replace paper money because of the technological advancements that we keep making. People barely carry money nowadays and use cards so one day it will get to a point were there is no paper money.
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Most people that are against bitcoin simply do not understand it or have no idea how to jump into it. Others also are huge investors but do not want it to be known so they just act like they are against it. But i think it would be easier if people did more research to realize how great bitcoin is
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Faucet sites may probably work in gaining bitcoins but they take so much time so i don't think it's really worth it. But you could search online for sites that have games that hep you earn bitcoins, they are numerous in the internet.
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