This year 2018 is the harder times of bitcoin because the prices keeps on crashing and more and more people are panicking and leaving. Price is the one of the factors that invite people to invest and the demand is decreasing. But I believe bitcoin can surpass it and I personally see a bright future of BTC.
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Yes, i will still hold my crypto even though some of my friends are telling me to sell it right away or else I cannot recover. It is just a challenge, the price declining but we will surpass it and it will be okay.
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It's too early to tell, we have now four months to go to pass 2018 but the bitcoin price is still declining now. A lot of bitcoin holders are now panicking and there are some fake and negative news around. But I believe bitcoin will survive from all of this.
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Then that will be a very good news that bitcoin is considered the new form of currency. But I think it will take time since not all countries are accepting it, eventually we will get there.
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For me, bitcoin is somewhat like a digital gold it is because you can get it through mining using expensive equipments that's why it is precious and valuable and it is limited in quantity. Many became rich just owning some of it and everyone is willing to pay just to have it as an investment.
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There was a time when I also got panicked and sold almost all of my bitcoins because I was afraid that it will go lower that I will lose my invrstments but I really regreted it later because I sold it very cheap. I learn my lesson the hard way.
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I've read a lot that bitcoin is a bubble and that they're waiting for it to burst. But it already reached decades now and it still used by millions of people world wide. It's never too late to invest in it, its just started and don't worry of the decline in price it's rather an opportunity to buy some. But don't forget invest only money you can't afford to lose, its the first rule in investment.
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The bitcoin will not die and will never be. It's just a price decline and perhaps someone outhere manipulate it and laughing that so many people now are panicking and started to giving up. Bitcoin is the future and it will survive.
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I think the world is ready for cryptocurrency because we are now living in a digital world. Only the people are very hesitant to accept it because they're afraid that's why some countries banned the use of it. If only they will open their mind and see the positive impact of Cryptos in our lives.
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Just give it more time because some countries are still studying the effects of bitcoin to their economy. Soon, in the near future bitcoin will be legitimized in all country across the world.
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Yes, it's true selling bitcoin is a stupid decision. Didn't they know that it is a very valuable asset of today. It will be the universal currency of the future so from this moment on, start collecting bitcoins.
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Even there are countries that banned bitcoin but it will survive. Perhaps they banned it because they see it as a big threat to them but in our country,the evolution of this bitcoin really help us a lot. It gives us economic growth and more opportunity specially to the unemployed.
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Do you think Bitcoin will remain the most dominant coin both short and long term? Even though it does not remain the most dominant coin, this will not be the same as saying that Bitcoin won’t exist long term.
Yes of course, I do believe that bitcoin will forever remain as the dominant coin both long term and short term. Bitcoin is the first crypto creation and it is tested through times. With so many bitcoin holders around the world, even with the emergence of the new coins, bitcoin still remain on top.
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Bitcoin is just a digital currency that we used to pay merchants or transfer money to any stranger around the world. It is up to the people how they used it, wether legal or illegal transactions. The only different of it to our fiat money is we don't need to deposit it in the bank and let them hold it, there is a blockchain behind bitcoin that is a powerful technology that we can used in our transactions.
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Wow! This is an amazing news! This is a clear sign that bitcoin is widely adopted now as currency and maybe in a short time, it will become a global currency and more and more merchants, schools and even supermarket will accept bitcoin as payment.
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For me, there is no late in bitcoin investment because it is highly volatile, one day it is up and one day it is down. Its just a matter of when you trade your bitcoin that you could earn nice returns.
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I believe that bitcoin has the potential to transforms the world of finance, it would replace the fiat money. But not in five years time, its too early to tell. Many countries are already made it legitimate and that's a good sign that we arw moving forward to crypto age.
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It simply means that we are moving to a digital age where our fiat money will be soon replace with a digital currency. Cryptocurrencies are our future money, so from now on, we will start building our crypto wealth and when time comes that we shift to this very high tech age, we will not have a problem.
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Here in my country, even bitcoin is legitimate but it is still can't replace the fiat currencies. I think, it needs a long time and promotion so that all people may know about this existing bitcoin and they can appreciate the good benefits of it for our economy. I can say that it's not reaching yet with its goal but it's on its way.
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I think, it is because they don't get to know bitcoin better, they immediately believe in the false news and criticism by other negative people. In time, when the bitcoin will be adapted by people around the world and became a huge success, we can prove them wrong that this bitcoin is not a ponzi scheme and it is the future of money. Many lives have been transformed by the advent of this bitcoin and in time, they can see that and they will believe in it.
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