Bitcoin is a global craze. Even farmers, students, the older, housewives ... who are don’t know what is blockchain also buy bitcoin. Because there are so many new investors investing in it in the hope of making a big profit. But actually that is not investing that is gambling.  I do not prevent you investing to make money but invest wisely. Especially do not put all the property into bitcoin and cryptocurrency. Hope people do not blindly participate in this gamble.  This is definitely right. Why would you join in one group if you even dont know about it. That's why before investing your money in bitcoin, learn and research first about it. Study the flow and make a good review about it. Becuase if not, you will fail and sooner, your one of those panic sellers. |
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I am starting to loose hope in Bitcoin. Like really i need to cash out and for me its on its lowest...  That is your own decision and no one can stop you from that. If you feel hopeless that bitcoin will not recover, then you can do whatever you wnant, it is your investment and your money in the first place. But you have to think that bitcoin may go up again by this year. |
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Hello there... I am from India, and Bitcoin is still in the grey area here. It is not legal, but it has not been declared illegal either. But the government has explicitly stated that Bitcoin is not recognized as a legal currency here.
The government is still working on deciding a framework for it, but we have absolutely no idea about what its verdict will be. So, people here are trading in Bitcoin for short-term gains. Make hay while the sun shines!
How are your governments reacting to Bitcoin and what's its position in your country?
Our government already recognized the benefits and uses of bitcoin not as a currency but an investment. Ours also promote the investmemt in bitcoin as an alternative way of generating income. To support this, our country has developed a wallet in which you can directly convert cash to bitcoin and ethereum and vice versa. |
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It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.
Money earned from the internet is known as digital/electronic money. People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.
Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.
Bitcoin is a part of digital money. How is digital money is your country ??
In my country, cashless society is still not fully operational. Paper money is still the easiest and most used way of transacting business. In buying online stores or shops, there are still choices like "cash on delivery". I dont know why it is diffiixult for us to move to cashless, maybe because of fraud and scams. |
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With the development of cryptocurrency, more and more places accept bitcoin. In the future, will paper money disappear, and the money that people earn will be given to you in encrypted form, and the purchase will be paid in encrypted form?
Please give your opinion.
No, paper money will not disappear even if the bitcoin or cryptocurrency era is here. These two currencies are two different things also. Paper money is intended to be used in the physical world, to use in the locla markets and as basis for governments in the cycle of there money. It will just continue to exist until there are 1€ candy. |
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what we'v seen in the first 3 month of 2018 are huge different from what we'v been expected to see in 2018
so with the last huge movement of bitcoin price what do you think ,
is it possible to see 2600$ again ??
This may be possible. It oin may go back to its original price. Looking at the situation right now, going back to 2600$ is nearly approaching. However, people should not worry because as predicted and as I can see it too, it will rise up again. |
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It will be difficult for Bitcoin to reach that amount since it drops the price for the last couple of months. Right now, we can only see bitcoin as the highest valued cryptocurrency available in the internet. I think it will only reach 15kUSD at the end of this year. |
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I read an article a couple of days ago, in which a guy was saying that he thinks bitcoin will reach 100.000 $ by the end of 2018.
What do you guys think?
I'd appreciate pertinent and/or fact based opinions.
Thanks!
I am not convince that it will reach that amount at the end of this year. Remember that the price of bitcoin has dropped almost half of its price of 12,000USD. If it will reach that amount, then it will be time to celebrate. |
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Right now there are many ICOs coming out, is it really safe to participate in any of it and spend that much? In participating ICOs I have high hopes that these coins could be the next Bitcoin or other currencies that are really going up in the market.
At this moment, I dont see any threat in participating in ICOs if you do your research about it. Also, do not invest a lot of money in ICOs. Make a wise decision in participating in ICOs and be vigilant in choosing the right one. |
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The entire market is in the red. Everyone has lost money. What do you think?
If you dont want to lose money, then do not sell when the market is in red. Instead, just keep on holding them and wait for the right time to sell your coins. Right now, They are coming back to green, so better trade and sell while they are still in good value. |
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It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.
Money earned from the internet is known as digital/electronic money. People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.
Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.
Bitcoin is a part of digital money. How is digital money is your country ??
What about if you go to the market and buy two pieces of bread or egg, would you use debit card or the vendor accept debit card? If you buy a street food, would you use debit card or credit card in your country? Cashless society may possible but the existence of physical money is still existing. In my country, we prefer paying and buying through the use of physical money. |
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i have been thinking bitcoin cannot last forever..............i need you guys opinion if what im thinking is right.
There is no such forever in this world. Everything may lasts. But for now, Bitcoin is a trending innovation in terms of virtual world. Bitcoin will still last for another 10 years. Until there are people transacting in bitcoin, it will continually exist. |
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If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
I would still choose gold. Gold's value will not decrease. As time goes by, it just keep on going higher. Likewise gold is something that you can hold and you can keep. Gold has stable price and all countries recognized gold. |
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Does Bitcoin Need The Social Media's Help To Promote Itself?Well, Bitcoin needs all the help that we can get. With its current situation, Bitcoin Foundation is just thinking out of the box to help Bitcoin recover and might even succeed. With the help of Social Media, bitcoin can attract new and young users. Learn about bitcoin and eventually adopt it. Maybe this is the first step of mass adoption. What do you think? Social media platforms are good way of promoting bitcoin. Social media have great and large number of audience. Bitcoin is still needing promotion because not everyone in this world knew or using bitcoin. So I think Bitcoin need social media promotion. |
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"Google is planning to create its own blockchain and offer cloud and transactional services through it." Source - https://www.ccn.com/google-will-create-its-own-blockchain-in-the-future/Regardless if you like google or not, I think this is amazing news. Blockchain is truly the future and I can't wait to see its future adaptations and uses. But I think this will certainly kill a lot of platforms and coins. Thoughts? The new trend today is blockchain. Many companies are interested to this because they believe that many people are involve in blockchain. It is also good news that these two giant companies may develop their own blockchain. Let us just wait what will happen. |
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Would banks and governments actively work and implement countermeasures to undermine this process? Are the underestimating the potential of cryptocurrencies by investing in some of them?
Do you think there is a possibility of cryptocurrencies being banned in the future for the reason of being a threat to "normal" currencies?
Banks and governments now are working together to regulate cryptocurrencies. Instead of adapting and accepting the, banks and governments are making ways to ban them. Your prediction is right that they will ban crypto because they are threat to the regular currencies. |
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Survey Says 8% of the American Population now own Cryptocurrency.
The survey also found a major gender gap in cryptocurrency holding, with just 4.27% of women saying they own cryptocurrency compared with 11.86% of men. And the average amount of bitcoin purchased by women is just $1,821.65, compared with $3,923.16 for men.
8% is already a big population of people involve in cryptocurrency. It is not surprising that most of them are men because men are more risk takers and have the firm decision making. Also, men are better in terms of computer technology. Even im business side, men are more inclined. |
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By plan i mean when do you plan to cash out. Is it when you have made enough to buy a car, a house maybe? or are you setting your sights higher?
Personally i'd just like to own my own home, after that i would just play with spare change.
If I already have 5 bitcoins then I will cash them out. Right now, I dont have plan to cash out my coins because the game is still on. I am enjoying my trading sessions and I like playing with the coins. |
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hi .. . China will become super power in few years !! sure First reason is that they are creating everything expect only one thing .. .and the thing is Medical products .. not medical instruments ... but they are working on them too they will manufacture them too .. !! and GuyZZZ ? you know ? why china is not raising there currency price ? ? ? Think .. !! will reveal. Maybe yes or maybe not. There are also countries out there that are powerful. China, yes, is the largest country in Asia but there are also larger countries out from Asia. We never know what will happen in the future but one thing is for sure, almost all countries want to become powerful thats why they are doing everything to make this happen. |
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Please give your opinions.
People are more attracted to Bitcoin than other coins because of its price and value. We cannot deny the fact that bitcoin has the highest value among other coins. It is also more trusted and has reputation that exceeds others. Likewise, almost all exchanges has bitcoin. |
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