It is hard to replaced Bitcoin by another cryptocurrency. Although some cryptocurrency is somewhat predictable, bitcoin is hard to predict. It has it's own and unique characteristics as digital currency. Making it harder to be replaced as No. 1 cryptocurrency.
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In my opinion, many people are against bitcoin because they are lack of knowledge of what is bitcoin all about. They don't know the concept why bitcoin is created. They don't know the benefits that bitcoin can give. They think that bitcoin is a scam.
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Bitcoin is special because it is one of the first cryptocurrecies that meets the expectation of others and it reached its success. Bitcoin also approved as legal crypto than other cryptocurrencies that are not verified or approved to exchange with fiat.
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I think the bitcoin dollar position can certainly get because it is a decentralized digital currency and now it is very popular all over the world but it takes some time. I support too much bitcoin, because blockchain technology is used.
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I've been a focus in bitcoin for 5 years, This is the usual thing. eventually, the price will recover even to rise higher. all of the market following bitcoin, so when bitcoin recovered I am sure altcoin will also follow. Thus for me this is a good moment to buy more.
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i choose bitcoin currency it's because bitcoin currency was the father of all alternative coins and i know bitcoin is always on top better than other currencies and only bitcoin can convert to our own money.
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people buy high and sell low...this happened because when people heared that bitcoin price is high they will get attracted so they buy but then when suddenly the price dropped they panic and the tendency they will sell their bitcoin with out thinking that it will increase again.
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i think crashes happened to balance it all out. if the price of bitcoin just keeps on increasing and it's not decreasing, trading will be impossible because traders will just keep it for long because the longer its kept, the higher its value will be.
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For me bitcoin is the best money like if we use to its nature it is really secure and safe for the bitcoin users and bitcoin era is coming then every one will use this currency the salaries will be paid by organization in the form of bitcoin and crypto.
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The biggest benefit I got last year was that my stack of bitcoins increased. And with that I have some financial freedom I did not have the years before. I did not spend much of my coins because I am convinced that in a not too distant future their value will increase even more.
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Yeah agree on that bitcoin is the one of the strogest currency even gold he can acrossed it.Because gold increasing price just a little bit.but not decreasing.In bitcoin huge increasing that can multiple your profit but its also decrease.But decreasing is not bad..that the time good to buy bitcoin
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I think if there are no more fiat money because it is already a digital currency world then beggars will not be begging for money anymore. They will beg for food and other material things that they need for the day. the government will take action if this scenario will happen.
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For me bitcoin is the way to become rich, it can help people to become rich and buy luxury things on malls and stores. Bitcoin can buy you what you want if you just have atleast it of it but it takes a lot of hardwork, courage and patience to get through to it.
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Bitcoin can't stop world poverty because not everyone knows bitcoin if you try to indorse bitcoin to the poor, they are the ones who don't have the interest to learn and another is lack of technology and can't afford internet connection so they don't have the chance to invest in bitcoin unless somebody will offer to them for free access of internet until they can stand with their own.
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My investment advice is always buy what you can afford to lose but deep down I want to tell you to sell everything you have and put it into Bitcoin. Only if you are comfortable doing it though.
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if you have good strategy in cryptocurrency world. Just buy it then hold it for long term, this is the easiest way. But if you want more profit then you should learn how to trading cryptocurrency. There are a lot of opportunity in cryptocurrency world.
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If I think it could be taxable bitcoin, but obviously bitcoin should be legalized first, because if not recognized impossible imposed by taxpayers, sooner or later there will be consideration and government discourse about this bitcoin taxed
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Yea it is a blessing. It has liberated so many million dependent souls. Btc is sending joy,hope and comfort to many with the belief that this life for them will keep being a struggle till the very end.
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Bitcoin is a virtual currency, it is not material so we can not print or copy it. That is the essence of virtual currency. Besides, it has a limited amount to ensure that the market is stable and out of control.
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Many people are still not aware about how profitable is the bitcoin investment. I prefer to you to buy now bitcoins as much as you can, do not be afraid to do bitcoin investment even it is risky investment because I am sure that you can earn big amount of money by doing bitcoin investment.
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