It's really being careful in decision making when it comes to bitcoin.Yes I agree that it's risky if tou do not think twice before you throw the dice.Do some research and understand the trend and the market of bitcoin.

Maybe their government was threatened by bitcoin but give it a time, when it will be considered by other countries, they might possibly be open in legalizing bitcoin in their country.

For bitcoin to be the country's currency is an advantage to those who know how it works but it would be difficult for those who cannot even afford to understand how it works.

The extreme volatility makes the comparing hard, but as to how i understand the market, bitcoin has shorter time frame than altcoin.So i guess bitcoin dominates the market.

Bitcoin is hard to control so I think many countries are still not open for it to be legitimate.May or may not affect its economy is a lot of study.

For cryptocurrency to be stable is a long and winding road but it's a good start that countries like South Korea is now considering the value of blockchain technology.Hoping for the best future of crypto.

Hi everyone,just added this.Great project indeed.

I made a research as to inform myself as well how these prices are affected and I would like to share some.Here it is, the factors that influence the price of bitcoins are quite diverse. Some of them are slow but quite steady, such as the gradually rising supply and demand curve. Others are sentimental and violent, like the speculative trade, which influences the trading of bitcoins each day. In spite of the opposing forces, which often exert their influence on the bitcoin market, the long-term average price seems to be on the rise. Note that learning about these factors will not necessarily make the bitcoin price more predictable. However, understanding them can help you to be more comfortable with the price fluctuations and make informed decisions at the right time.

Here are the rationale i read on.
Reduces the user experience complexity of adding ERC20 tokens
Allows ERC20 transfer transactions to be easily detected and have the correct value shown on wallets (incl hardware wallets) without requiring pre-setup
Ensures that in any on-chain exchange, the price as expressed in computer units (ie. wei or equivalent) is the same number as the price as expressed in human units (ie. ether or equivalent), reducing the risk of confusion or bugs

I made my research about blockchains limitations and one of which is Human Error. Here it says,
If a blockchain is used as a database, the information going into the database needs to be of high quality. The data stored on a blockchain is not inherently trustworthy, so events need to be recorded accurately in the first place.

The phrase 'garbage in, garbage out' holds true in a blockchain system of record, just as with a centralized database.

Hi, can someone eplain to me what lightnig network is all about?

Since wla pa namang regulation regarding bitcoin sa Pilipinas, I think hindi pa ito included sa mga legal matters since hindi rin ito supported with Bangko Sentral or any government agencies.

Anything in excess is bad.So for us who were usig bitcoin should have self discipline and should take care of our bodies first because health is wealth.We should not be too affected with the price increase or decrease but should enjoy while working.

Thank you for giving us idea of this.

For me yes, good economy will affect bitcoins.If there is a stable economy,that means investors have money and would take the risk to invest in bitcoin though its true that if many holds the bitcoins the higher the price.

For me it's a good sign because it will attract many investors and for those who are new to this.

This is mostly possible as many people are trying to learn about this and if widely known might attract investors.Prices in the market are unpredictable but we'll see the trend in the coming months.

When there is more holders og bitcoin the price will go up;otherwise,it goes down whe many holders sell it due to high supply. If the supply is high,the price is low.If the supply is low,the price is high.That's how it goes.

They want to have full control over the income of their citizens and they can't when it comes to bitcoin earners since it's online and no government agencies and regulations or laws implemented. So I guess that the reason why they had it banned.

It doesnt affect our economy when it comes to bitcoin prices.Bitcoin has different stock market itself and is mainly affected by the number of investors or the holders of bitcoin.