Cryptocurrencies had a great part in creating a fast transaction process like when sending money or paying for something. And because of this system we can go borderless which means we can go across nations for payments and without so much problem converting our own currency.

I understand how the good the idea is. Hacking will be stopped if you only have one account. The reason is that you can be tracked. So security is a bit good compared to what just seems to be anonymous. The only problem on the other end is that if you are know with the money that you have you can be the center of interest for those who would be committing crimes like for example robbers. But that can be given solution. Being anonymous until somebody challenges your identity after being reported as a hacker and that after that if proven not guilty you are allowed to pick new address to hide yourself again. If guilty you will be sending back the coins you have stolen with your identity known as being a hacker. This I think will help resolved the problem of security and so much hacking.

Well there could be a chance for bitcoin to be banned but I don't think I'm completely positive on this. I saw how many people have been scammed not only on bitcoin but on many occasions on many schemes. The government is active on giving announcements on schemes like these. I think it might happen that there will be regulations on bitcoin after these incidents.

It is I think comparable to gold. But I would say it is not totally comparable though. I don't know much about history and neither I was so interested in looking back into its pages in this topic. I think gold is way better than bitcoin for the reason that gold is stable while bitcoin is very much volatile in nature. Bitcoin could lose its value at any given time while gold will always stay the same. Gold has been used as a currency before in the old days and until now as reserves which backed up money.

There are so many possibilities for bitcoin in the future. It could be accepted globally or it could fail on some nations due to their existing laws which could result with new currencies being developed by the respective government. But there is one thing I do think will happen. That is generally, the cryptocurrencies will probably be accepted anywhere and the market will then start accepting the digital coins.

Perhaps the most obvious part of ICO scams is when you couldn't see the team members profile on the internet or if you can detect something wrong with their personal data. Also they would often ask for you to share a given amount to trick you into investing for what you are promised to received which a very huge amount of money in tokens. These are what I commonly have observed as posted by victims or would be victims on forums or on other the internet sites.

Why is money or currency being brought up just to be confused with each other and bitcoin is even added to it? Everything in a currency is money in general. And bitcoin is money in digital form. We don't have to confuse everything. If it is used to buy then it is money. In the older times they have the barter system and their are no real medium of exchange not until when they created money.

Show them that you did earn something from bitcon. Show them that you have all the luxuries on the world because of bitcoin. Too many are haters because they have not seen how bitcoin have made the people!s lives happy and stress free.

I think you have some good point. Your doing a good method to keep your money gaining more profit. But on times like when crisis on cryptocurrencies occur,  On my part I would just hold the bitcoins for gaining at proper timing . I saw the market was increased slowly as of today. These could probably mean that some investors could be just waiting for bitcoin to move up. So their is so much potential in the waiting in my opinion.

This is not to be compared. Real money backed up bitcoin while bitcoin can never back up real money because money is regulated to make the economy more stable. Otherwise the country's economy could collapse.

In my own understanding and analysis I do think diversifying investments on digital coins will be helpful in not losing so much because you can have more options to choose when you feel you are losing in one of the currencies you can recover from among the others coins.

When bitcoin became popular it created  a name for itself and the good news about it spreads like a fire. After realizing that bitcoin is a potential for investing on coins, many then bought it in the hope that they, in the same way as others, will become rich. So immediately bitcoin rises and as a result it became so pumped up.

I consider cryptocurrencies as a technology more than just any money making invention. It is a technology that links people worldwide in terms of making it a universal currency. I don't really consider it a method of making quick money because in reality it is not so easy to gain from it as evidenced by how many lost their investments so easily. We need more skills in dealing with it or we will fail in the end.

Aside from using the bitcoin system as a method to send money from the OFWs to their loved ones, It can also be a source of extra income for them. If a person is skillful enough then there would be no problem in trading the coins for a higher gain.

I am a bit confused about the whole idea. Why would bitcoin be a part of the monetary engineering thing for any of these countries when it was not even made or invented to do this tasks? Is this just an analysis of yours trying to connect things or you do really have proofs for that statement. Or is this just all coincidence. This is not even under the government control so how can one country benefit from it?

I think its a sort of refresh, bitcoin stayed low for several months, many feared going into investments. And it has been slow in its recovery so i really think the market was not pumped up but it's because people are a bit confident in investing as of today. Some good news are coming in so that could be the reason for these renewed interests of investors

Surely it will go to the moon but it could also drop down back to earth due to its volatility. I just hope that there will be more users and improved utility for bitcoins so that volatility will be controlled a bit. Volatility can be dropped with actual usage and not just investors involved in buying and trading.

Nice argument you have. Yes it is true. Banks are rob so easily. Just bypass the cameras and security guards and the money in the vault is yours. With bitcoin in comparison, its hard to rob because money can't be stolen easily and you need a lot of private key combinations to open it. It is really hard to decode that even you yourself can't even access it if you lost your private key. So it is safe. Hackers are the only thing you need to worry about. It is no sweat to transfer all your bitcoins. You could lose your money in minutes thanks to the fast network support and your carelessness. I believe banks will be replaced by bitcoin maybe in the future. But for now I have to consider banks as the better one. Apologies I cannot agree on this idea this time.

I think it would be good if to select the coins that have already made a good market for itself if you are just trying to buy and sell coins. The reason for this is that buying unknown coins is a sure gamble. I have heared many have been so unhappy about the results and they ended up losing. Had they chosen a good known coin they should have made a good profit out of it.

Investing in coins is risky and it would take a lot of effort and more researches to make one an expert on this field. Remeber that even experts fail sometimes in their prediction, so it's likely a matter choosing the best coin plus luck.