Whenever bitcoin price goes up,altcoins start bleeding.It occurs commonly in crypto market.Altcoin holders immediately sell their coins in order to buy bitcoins.This makes the situation much worse.So when bitcoin price increases,just hold your bitcoins.On the other hand,when bitcoin price falls down,just follow what people do i.e.,you can sell your bitcoins and buy a good altcoin to increase your bitcoin volume.

Criminals would not like to use bitcoins for their activities since it is pseudo anonymous and each and every transactions are registered in a public ledger.So it could be easily traced out by cyber crime police.But they have other options like Monero and Zcash which were fully anonymous and it would best suit for their activities.Even if the criminals use bitcoin for their activities,it would have no impact on bitcoin price since bitcoin is not dependent on them.

If its true,then i am very much less focused in bitcoin since i have just used bitcoins to recharge my mobile so far.But i am too more focused.What makes the difference is that i have changed all of my bitcoins in to cash instead of buying any product.I have an idea of buying a car using bitcoins within the next year.

Well it shows different opinions of people about  bitcoin.But i think most of them were said to make new investors panic and sell their bitcoins at cheaper price.Most of such quotes had already made many investors panic.But things have changed more now.People have almost realized what bitcoin is.Time to face reality in 2017 and the reality is Bitcoin is unstoppable.

If bitcoin hits $50,000,i would sell some of it to buy essential goods as it is said that all shops would accept bitcoin as payment at that time.But i think that it would be year 2050 to reach that price.By that time, my age would be around 70,the retirement age and i would hold the remaining as savings for my older age so that i would not be dependent on any one for my needs.

Unemployment is a problem prevailing today in all parts of the world even in developed countries.Some of the unemployed people are even homeless.They don't even have door number and street address which are required to open a bank account.Here comes the Bitcoin,just like the magical wand in the hands of harry potter,it comes to the rescue of such homeless and jobless people.They could just download a wallet in their laptops and even use freely available wifi internet in some parks or malls to access bitcoin transactions.As soon as they earn bitcoins either by participating in signature campaigns or through faucets,once they receive bitcoin in their wallet,they could just convert it into cash and foods and products in plenty of ways,every thing without identification.

Definitely,bitcoin could help for the development of a country.
Any one with internet connection could carry on bitcoin transactions.
Most people who wish to buy commodities would not like to disclose details of amount they have spent and bitcoin could suit them very much.
When a electronic transaction is made,a debit card or credit card is needed which is linked with the bank account.But they are not necessary when bitcoin is used.
Since it is a P2P transaction,no banks or middle men are included and so transaction could not be reversed.Hence merchants would use bitcoin transaction more.
So bitcoin would definitely help for the progress of a country's economy.

I have heard only about bitcoin debit card and not bitcoin credit card yet.I don't know how they would be ready to lend bitcoins that too when the price is ever increasing.How would they collect back ?I think its practically very hard to offer a service like that.Thats why till now despite of bitcoin's tremendous development,no company has come forward to offer such service.

Bitcoin has almost left gold in the dust.
When gold price rises,the supply of gold can be expected to increase by mining more gold.Hence the price of gold will not increase more.
But even when bitcoin price increases,the supply is limited and remains the same.So its value would increase more.
Bitcoin could be transformed from one part of the world to other within minutes at a lower cost.But we could not even imagine that gold could be done so.
The increasing distrust of national currencies have pushed people towards bitcoin and not towards gold.
So in most aspects,Bitcoin is better than gold.

Bitcoin would survive because it delivers various features such as free from banking sector,fast transactions,etc.It has been the pioneer in crypto currency.It has gained trust in the past eight years all over the world.Its not easy to achieve.In future,demand for bitcoin would increase and there would be limited supply and hence it would be truly treated as digital gold.Some altcoins promise to deliver features which were not provided by bitcoins.For example,Monero and Zcash is mainly bought for its full anonymous nature.If altcoins have no additional features to deliver,they would gradually disappear in the long run.

Block chain is the future.But bitcoin working in block chain system would die.That makes no sense.Despite the actions taken by bankers and governments,Bitcoin has still survived because it works on a secured block chain system.Bitcoin is the future of world economy.Some may spread rumours that bitcoin is going to die thinking that it would encourage panic selling so that they could buy bitcoins once again at cheap price.Well,thats not going to happen.

We could not exactly say that what would happen in future to bitcoins.But we could predict atleast some information based on the past performance and price movement of bitcoin.So,the best time would have been during BU and hard fork issues when bitcoin price fell down to $850.Those people were lucky enough who bought bitcoins at that time.But at that time,no one knew that bitcoin price would again increase except few early birds.So,on seeing the ongoing developments in bitcoin environment and mass adoption of bitcoins,we could even find this as the right time to invest in bitcoins.Otherwise,we are going to miss the train once again.

United states has allowed usage of bitcoins.
Canada maintains a bitcoin friendly stance.
Australia allows people to trade,mine and buy bitcoins.
Finland has given bitcoin a sales tax exempt status.
Bulgaria has started regulating bitcoin.
In germany,bitcoin is allowed but taxed extra ordinarily.
Japan as we all know accepts bitcoin as payment legally.

Bitcoin was first created by satoshi to free people from depending banks for transactions.So its clear that he created it as a protocol to send P2P transactions.But then,bitcoin value started growing and now its almost $2800 and so people started to treat it as an investment which would yield high returns.But it is also accepted as payment for products and services.So it could also be called as digital currency.It depends on the user how he treats bitcoin.

Even if it sends market down,it would last for very small time only.People all over the world would act immediately if china dumps and they would grab the cheaply available bitcoins.China would lose even its remaining bitcoin holdings to various parts of the world.Mr.kwuckduck,the dragon era has already ended and it would not continue here after.

Not at all.Bitcoin price is never going to be stable since there is no authority to control its price.Since it is decentralized and there is always going to be increase and decrease in demand,bitcoin price will be fluctuating.Thats the main feature of bitcoin.If you have any idea of starting bitcoin related business  or accepting bitcoin payment only if bitcoin price stabilizes,then you would have to just wait and it would never happen.

I would love to see such prices of bitcoin.If we closely watch bitcoin's price movement,we could see that its quite possible for bitcoin to reach such prices.Some new comers may think that we are highly optimistic but,its the truth and bitcoin early birds know it very clearly.

Yes thats a very old strategy used by some bitcoin holders to create panic among new investors and make them sell their holdings at cheaper price.It worked earlier but no more.People have realized from their past experiences that bitcoin price is to rise and its unstoppable.Let them try some other techniques.

On june 2,the price was 0.00026776 btc and now on 3rd june,price is 0.00028818 btc.Its gradually increasing.Quiet interesting.

Even now you are not too late since bitcoin price is expected to reach soon from $2400 to even $5000.
But your previous experience should give you a lesson.Never jump from bitcoin to altcoins on seeing spikes.No altcoin could become a bitcoin in any aspect.Just buy as much bitcoin as you can now.