* Advantages:
1. Freedom of Payment - Allows you to send and receive money instantly anywhere and anytime. No bank holiday. No country borders. No restrictions apply. Bitcoin gives its users full control over their money.
2. Very low cost - Bitcoin payments are currently processed at no cost or at a very low cost. Users can enter fees in transactions to obtain priority processing, thus securing faster transaction confirmation by the network. In addition, the seller processor is there to assist sellers in processing transactions, converting bitcoins into conventional fiat currency, and putting money directly into seller's bank account each day. Since all of these services are Bitcoin based, the required cost is much lower than the credit card network or PayPal.
3. Low risk for sellers - Bitcoin transactions are very secure, irrevocable, and do not contain any personal or sensitive information from customers. This protects the seller from losses due to fraud or chargeback cheating, as well as unnecessary PCI adjustments. Sellers can easily expand into new markets where credit cards are not available and fraud rates are very high. The end result of Bitcoin is lower cost, wider market, and fewer administrative expenditures,
4. Security and control - Bitcoin users have full control over their transactions; it is not possible for sellers to create unwanted or unnecessary bills as can happen with other payment methods. Payment with Bitcoin can be made without including a personal identifier for the payment process. This provides strong protection from identity thieves. Bitcoin users can also protect their money with backup and encryption.
5. Transparent and neutral - All information related to the Bitcoin money supply is available in the chain for anyone who wants to verify or use it in real time. No individual or organization can control or manipulate the Bitcoin protocol because it is very cryptographically safe. This allows the Bitcoin nucleus to be completely neutral, transparent, and predictable.

* Disadvantages
1. Level of acceptance - Many people are still unaware of the existence of Bitcoin. Every day, more and more businesses are receiving bitcoin because they want to profit from bitcoin usage, but still the user list is still small and needs to grow to benefit from network effects.
2. Volatility - The total value of the bitcoin in circulation and the number of businesses using Bitcoin is still very small compared to what it should be. Therefore, small events, trade, or business activities can significantly affect bitcoin prices. In theory, this volatility will decrease as the market and technology of Bitcoin develop. Never before has there been a self-created currency, so it is very difficult (and interesting) to imagine what will happen next.
3. Ongoing development - Bitcoin software is still in beta with many incomplete features that are still actively developed. New devices, features and services are being developed to make Bitcoin more secure and accessible to the public. Some of these developments are still not ready for everyone. Most Bitcoin businesses are still new and have not offered insurance. In general, Bitcoin is still in the process of growing up.

Bitcoin is the first implementation of a concept called "cryptocurrency", first described in 1998 by Wei Dai in the cypherpunks mailing list, suggesting the idea of ​​a new form of money that uses cryptography to control manufacture and transactions, instead of using centralized authority. The first Bitcoin specification and proof of concept were published in 2009 in a cryptographic mailing list by Satoshi Nakamoto. Satoshi left the project at the end of 2010 without telling much about him. Bitcoin community is growing rapidly as many developers are working on Bitcoin.
Satoshi's anonymity often leads to false concerns, mostly related to a misunderstanding of the nature of open source-based Bitcoins. BItcoin protocols and software are publicly published and developers from around the world can review the code or create their own modified version of Bitcoin software. As with current developers, Satoshi's influence is limited to some of the changes he created and adopted by other developers, and he does not control Bitcoin. Thus, finding the identity of the inventor of Bitcoin is now just like finding the identity of the inventor of the newspaper.

Big banks will be really nervous about the rising global acceptance of bitcoin. They worry that bitcoin is decentralized and people want it. Bitcoin as a virtual currency that does not require a third party for the transaction is very meaningful to the bankers, in the end these bankers will lose their jobs in the next few years.

The fact that bitcoin is spread in many developing countries. This will be a huge help for developing countries, they can increase their economic growth. Bitcoin can provide a solution to that, maybe they can try to use the currency and make the most of it.

Everything must have risks depending on how dare someone takes the risk because I think later bitcoin will keep moving forward and have a good future. When Bitcoin has more risks, it seems very discouraging. Risk is the norm in every investment sector, no need to fear or increase the risk level with Bitcoin. So I will continue to take risks in bitcoin because I believe by investing there will be many benefits derived from bitcoin.

Bitcoin is already number one in most every aspect. besides that bitcoin has such a big community now and is growing day by day so i really think that it is one of the main factors. But currently the main problem with bitcoin is that the transaction takes a lot of money and still takes hours to confirm. While other coins have a much faster speed with less cost, because each coin has its own philosophy.

That is a total mistake, if the cost of school fees is used as an investment for bitcoin. Prioritize the important needs first before you bet anything. Investing in bitcoin takes a long time and even I am not sure that you will get the best out of investment, due to price fluctuations. You can never predict the price, you may not have the money to pay your school fees when the deadline is reached.

Here there are many jobs available and can generate huge revenues. If you do not have a steady job, make a bitcointalk because your work dedicates your time and effort to get rewards. You can participate in the gift by doing signature campaings, social media accounts are also useful here and sometimes you can register as a community manager if you are good enough or qualified for this.

I might miss a lot of trains and I'm very sorry that I did not buy bitcoin before. But I can still catch another train as well and there are still plenty of opportunities to make millions out of a few coins. I just have to be patient and work hard for it and certainly never stop learning about new things. Let's find a new way to make money!

I think the positive news about bitcoin is a great opportunity and the fastest way to make a lot of money. About bitcoin history many users use bitcoin to earn extra income and good salary. This is actually very good for newegg and I'm sure more will go in at this stage because people have to pay more bitcoin to get the item of that value. When prices rise then newegg will be collected with lower prices. Hopefully bitcoin will become a form of legitimate payment everywhere.

Warren Buffet is a traditional investor, and has no technological understanding.
This is one possible scenario for bitcoin. If he has the right mindset and knows the potential of the company, he will invest in it in the early days and not when the stock is already priced high. I think in its meaning it bases on the end of all the currency that is not centered and still not seen. I am fully convinced that his prediction will prove false.

Time is very important when we decide to invest our money in crypto. With the right time, we can buy with cheaper price and with the right time also we can sell it with high price. But to set a good time, we must have a technical analysis and be able to read the market charts and market movements. Because the price is very volatile whenever he can go up and down, you have to prepare a plan, whether you will buy, sell or just hold.

\

Of course Blockchain can survive even without Bitcoin. Blockchain is revolutionizing and still going forward due to the fact that it is hard to hack and information security is very high. Blockchain can be used to other platforms but was first implemented with the use of Cryptocurrency.

The token objective offers functionality over digital money. They can provide value to investors, beyond speculative returns. It can happen in many ways, though usually through repurchase (because dividend payments require regulatory issues). They can be used to hold votes by the community on key business decisions, or even technical changes to the platform.

The development of Bitcoin is very fast. Within 3-4 years, the value of Bitcoin soared to thousands of US Dollars. The price growth can even compete and at one point managed to outperform gold. Given the decentralized Bitcoin system and its value is determined by the level of demand and supply, it is reasonable to reason that the growth of global interest in Bitcoin is estimated to be the culprit of the phenomenon. Seeing how valuations, the amount of demand and supply, and the technology that could be a conventional alternative currency, Bitcoin can be said to be a potential for future investment assets. But if it concerns the potential of Bitcoin as a means of payment in the future, there is little chance that can be discussed, given the Bitcoin system itself is free from any regulatory authority.

All depends on our individual individual. we must first know our abilities and learn before plunging into investing in bitcoin. Indeed many people who want to get rich instantly, so hear others can profit from investing bitcoin. They will immediately follow-up without wanting to learn to know first, yes the results are obviously loss and very stupid, in this world there is no instant, all need process and learning. So do not forget to learn and do not give up when falling.

Bitcoin does not deserve to be a tool of exchange because it has no underlying basis, because it differs from the money commonly used today. Bitcoin is volatile or volatile, in no way qualifies as a currency.

Bitcoin is the first implementation of a concept called "cryptocurrency", first described in 1998 by Wei Dai in the cypherpunks mailing list, suggesting the idea of a new form of money that uses cryptography to control manufacture and transactions, instead of using centralized authority. The first Bitcoin specification and proof of concept were published in 2009 in a cryptographic mailing list by Satoshi Nakamoto. Satoshi left the project at the end of 2010 without telling much about him. Bitcoin is publicly publicized and developers from around the world can review the code or create their own modified version of Bitcoin software.

Bitcoin mining is a process of expending computing power to process transactions, secure networks, and keep everyone in the system synchronized together. This may be likened to Bitcoin data centers, except that it has been designed to be completely unfocused with miners operating in all countries and that no individual has control over the network. Bitcoin mining provides rewards as a form of exchange for the useful services necessary to operate a secure payment network. Mining will still be needed after the last bitcoin is published.

Bitcoin is useful as a money that has long-lasting, concise, exchangeable, rare, shareable, and recognizable properties. Bitcoin is supported on the basis of mathematical formulation rather than based on physical form (such as gold and silver) or confidence in the center (such as fiat currency). What is Bitcoin money or currency? this condition can be measured by the growth of users, sellers and early users. Like any other currency, bitcoin comes only from people who want to accept it as a means of payment.