The price of Bitcoin is affected by many factors. The most important and common factor that affects the price of all the things is its demand and supply. The increase in demand will increase the price of Bitcoin and the limits supply also increases the price of Bitcoin. The second factor is the type of news about Bitcoin. The negative news about it will decrease its price as many investors will start selling it and vice-versa

We can’t say anything on that. Future is uncertain. Anything can happen. It may be legalized by all the countries and be widely accepted. Or it may be banned altogether in some countries. But if we suppose that Bitcoin will be accepted someday, then I it may take around a decade. Bitcoin is accepted by many people round the world. As more and more people start becoming aware of crypto market, the acceptance of Bitcoin will increase.

From which threat you are asking of protection? But yes I want to mention that the contracts fixed with Bitcoin as a payments option are fully protected as many people have fear about this. The local laws are always applicable as long as your contract is legal. Everything will take place as usual, ONLY THE PAYMENT method will change. The only requirement is that this should be explicitly mentioned in the contract that you are making payment in Bitcoins. After this if the other party refuses to fulfill the contract you can seek legal help.

Both of them are quite similar except for a few technical differences that make a big impact. Both are also good at different things. Bitcoin has a block size of 1 MB whereas Bitcoin Cash has block size of 8 MB. A large block size helps to process the transactions much faster. But a large block size comes with higher hardware and data storage costs. In addition to this, Bitcoin cash has an easier mining algorithm.

I don’t think so cloud mining is profitable. There are more chances of fraud and mining can stop anytime due to high volatility (changes) of cryptocurrency exchange rate. The payback time and profit is also less. On the other hand, signature campaigns are so easy to do. You just need to have good writing skills, good rank and premium quality of your posts. You just have to be careful while selecting a bounty project to avoid falling a prey to scams.

1. Electricity costs remain manageable, as opposed to the case of hardware mining. This is because of the power intensiveness of mining rigs, which almost double electricity bills.
2. Mining farms can be irritatingly hot, a situation that is unheard of in cloud mining.
3. The exasperating noise of cooling fans is avoided.
Cons:
1. Unfortunately, the cloud mining industry is marred by fraudsters. A lot of investors lose their money to scammers.
2. With cloud mining, the sense of self-satisfaction of building a mining rig is absent.
3. Mining companies can abruptly shut down operations when profits diminish.

Investments in Bitcoin are more risky than investments in bank. But profits are also more in Bitcoin than in banks. The profits in bank investments are negligible or are eaten up by inflation by the time they are given. Bitcoin is more risky as it shows more fluctuations in its price. But this sometimes leads to high profits also. So risk and profits go side by side.

That’s great news. I think all countries should do this. This will helps the undigitalized people get familiar with cryptos. Very few population of the whole world is aware of cryptocurrencies. This will increase it awareness. The education will help the investors to trade systematically and handle the difficult situations with care. and many myths about crypto market will also be broken.

First of all I don’t think so that this will ever happen. Bitcoin being decentralized aims at eliminating intermediaries involved in financial transactions. This makes banks totally useless. Why would banks be so welcoming and friendly towards Bitcoin under these situations? Second, even if it accepts such deposits, it would not be very attractive. I mean I will not deposit my Bitcoins there as I can earn much from the market than a small, stable rate provided by banks.

Yes, definitely I’ll buy it. I mean obviously I will anticipate first its potential, the idea, how it works and everything, but since it will be issued by government there will lot of advantages. The coin will remain stable since it is backed by government. There will be less pumps and dumps and more profits. So we would be able to invest in that coin more confidently without fearing much about uncertainties.

Yes, Bitcoin is self-sustaining enough. It has sustained itself so well from last 9 years. Hackers, manipulators, regulators government and many more have tried to bring it down, but it has always proved its worth. And I don’t think economy has any affect on Bitcoin, neither Bitcoin’s adoption is strong or huge enough to affect the world economy. so go ahead don’t worry about such restrictions.

1.   The team working behind the ICO properly. Investors carefully check the qualification, expertise, skills and experience of the team members.
2.   What is the project? The idea behind the project should be new and interesting.
3.   Investors read the whitepaper very carefully so it must contain all the important details about the project.
4.   Investors also look after the goals. But goals must be realistic as unusually high goals point towards scams.

That’s a great project with a great idea. Creating a token that would be acceptable by the merchant online will be very helpful for the investors.  This will provide liquidity of the investments to the investors. So their funds will not get stuck anywhere. Charitable works is another great step if you seriously mean it.  So all in all it’s a good project.

1.   The most common mistake is selling the investments at huge losses. Instead traders should hold on to their investments.
2.   Buying the cryptos when the prices are already very high.
3.   Not diversifying the investments.
4.   Investing more than what they cannot afford to lose.
5.   Not studying and researching before investing in anything.

There is no definite amount of time that person should spend in order to master the trading process. That’s highly subjective. Every person has a different understanding power, estimating, grasp on new techniques making predictions and personal efforts, etc. Some people gain efficiency in trading in few months and some do not even after trading for years. And yes, experience does help in improving your trading skills.

Yes, I agree with you. Bountyhive is great indeed. There are so many scams or fake bounty campaigns in the market. People waste their time, money and efforts by participating in such campaigns. This deters them from further looking for legitimate bounties. So I’ll also recommend that those who cannot find good or credible bounty campaigns should visit Bountyhive.

1.   Inspect the project properly: Don't participate in every Bounty you find you should look into it and check if it's worth to take part in it. It is better to make a few good ones than hundreds of bad ones. Remember always quality better than quantity.
2.   Find a particular type of bounties: At Bounty campaigns, there are always different categories and there will always be one that is ideal for you. E.g. Signature campaigns or translation campaigns.
3.   A way of identifying the scams is if you take a look at the team of the project. If it is a scam, you probably won't find much information about the founders.

I have done so many mistakes in the crypto market. The biggest and most stupid mistakes that I can remember is that in my initial years I always used to look for the crypto coins having low price as compared to Bitcoins. But now I realize that it’s not necessary that what goes down will do up again. So the coins I bought never rose.

Yes, agree with you. With so many cryptocurrencies being launched every day, the numbers of frauds are also increasing. Therefore it important that there must be some rules and regulations framed in the fields of crypto market. Every new Altcoin must comply with such rules and regulations in order to enter in crypto market. This would be such a relief as it will allow us to trade fearlessly.

That’s good for the crypto market, I guess. Initially the price will fall but after that we will see a healthy rise in its price. This would lessen the manipulation of the prices in the crypto market by the scam ICOs and Altcoins launched for the purpose. So yes, this step by US government to check the manipulation of the value of crypto currency will have some affect on the price.