I am expecting a climb, not crash soon because the upcoming upgrade that will result in a fork looks bullish.  Bitcoin will be implementing an upgrade that will give way to series of important upgrade to Bitcoin to be able to compete against other payment system.  I will say it will continue to climb in price.

Yes I agree seeing this thing to happen in the future will  be a good reason to invest in Bitcoin today.  Most rich people are those who see the potential of project years before they saw their profit.  Same goes with bitcoin since the market is still in its infancy.  With lots of people coming in every day, Bitcoin will definitely a good way to multiply our capital if we invest right now.

I think it depends on the need of  a person.  If he needs money badly he can sell his holding, at least Bitcoin recovered now and he can sell at higher price.  Though I can say not sell them all.  Just sell the amount that is needed to reduce your lost.  Bitcoin keeps on appreciating and will make you lost a lot if you sold all your Bitcoin and it keeps on increasing in price.

Funny thing is, what you quoted is not even written on the scripture, I cannot find anything in the scripture that forbid people from gambling nor directly stating that gambling is a sin.  The great part here is that religious leader keep on saying gambling is a sin and yet when they need fund they hold a lottery, isn't lottery a gambling too?  Funny isn't it?

We are all here to get profit?  You are here because of the earnings this forum and Bitcoin is giving to you.  Else you won't even give your precious time chatting and replying with  us. 


I agree but after some dip because FUD around the next upgrade is getting stronger.

I agree Bitcoin volatility cannot be controlled, though there might be manipulation from time too time but it is just temporary.  Bitcoin Volatility is driven by supply and demand, sometimes demand is so great that it push the product up and sometimes other people wanted to sell their stash so a sudden flock in of supply to the market make the price goes down.

Converting Bitcoin to fiat currency means selling your bitcoin, if you are selling a huge amount of bitcoin that will eat out buy demands of bitcoin then it will affect the price because priced moved lower but I know eventually the price will recover.

Lol, he can just trade wisely, diversify the capital into different tokens or coins.  This way he can reduce the risk of getting bankrupt in one go.  Though it would be awesome if he can implement that,  spending bitcoin without reducing the amount he is holding through taking profit from different trading activity

Definitely, government will never adopt bitcoin, it will expose them of their corruption and how they steal money from the taxes people are paying.  Bitcoin blockchain is so transparent that even a single satoshi  moved is recorded and government official knows that  .  They will rather spend billion of dollar researching for the kind of technology that will benefit them and keep their dirty secret out of the eyes of people.

We can send Bitcoin without using an exchange by downloading desktop wallet or mobile wallet, keeping the fund there and moving it if you wanted to send a transaction.  They are free and available online.  Among these wallets, I am fond of using electrum lightweight wallet.

Bitcoin market is driven by speculation.  This is the reason why Bitcoin price is so fluctuating.  It has no central government to control and manipulate its price.  Supply and demand is the one governing the price.  If there is more people willing to buy the coin then it will go up and if there is people wanted to sell their coin then it goes down in price.

I think it will take time for Bitcoin to take paypal place, aside from that paypal can just integrate Bitcoin in their service or they will just create their own blockchain.  As on of the reply here stated,  that would bring innovation to paypal in terms of service delivery.  Aside from that, it can also compete with Bitcoin and somehow threatened it.

Well it is normal for bitcoin to increase in price, dip and rebound then settle for sometimes before going up again.  This process keeps repeating again and again.  So after this Bitcoin being stagnant, I think the next move will be uptrend because of the coming event for Bitcoin.  Implementation of Segwit2x.

Fork means another network and the thing these two network will have the same amount of coin.  You know what this means?  This means profit for those who have huge amount of BTC in their stash.  So I see the upcoming split somehow bullish, people will buy Bitcoin and keep it before the fork happen. So I guess the price will somehow increase during those times.

They wont I agree.  Because people will see how corrupt these government official are especially when it comes to  taxation.  Transparency, government is afraid of this and blockchain is promotes transparency.  So they will chose a more private option than this public ledger.

I think Bitcoin having usage will definitely increase in value.  By spending it to some online store supports its  community by enabling merchant to have client and profit from it.  From this point of view, if merchants are profitable using Bitcoin as mode of payment, more and more merchant will definitely flock in and the real life usage of Bitcoin will be strengthen thus community will grow and new comers will flock in.

Not much people are asking me about Bitcoin.   Though I have introduced my friends to it but it seems they lack interest.  Probably they are in a position that have a decent job and does not need an extra earning, while others are just hesitant because of the fraud thing being stamped on Bitcoin during its early years.  Oh well, why would I care, it is their lost not mine.

I believe whether the network need miners on a blockchain depends on the setup of its network.  Mostly Blockchain needs miner to move the block, even with the PoS system, they still mine it by opening their wallet and carrying weight to stake.  Others does not need miner because it is what their system was created.

I think Bitcoin will be in Mainstream in five years.  Media are getting interested in Bitcoin now even though  they still hold a little understanding about it.  But I know eventually these Media will understand what Bitcoin is and will untiringly promote Bitcoin.  With the implementation of different updates and upgrad in its network, I believe Bitcoin will eventually be used as main payment for online transaction and does not need the old ways of waiting too long and will have an instant confirmation.

For a non-technical person like me, if ever there is a bitcoin fork, I will always go for the Bitcoin Network, it would be much complicated to know the difference and would be a bigger risk if I chosed the other one.  Honestly, I guess those who keep the old chain when we have already a new improved chain is in only for profit.  Because I do not see any  other reason why they have to keep them alive.