See there is no such investment which doesn't involve any kind of risk and is totally streight forward.
Investing always involves a risk factor,
But in the case of bitcoins there is definitely some risk involved but the risk factor is very low as compared to other forms of investment.
Also bitcoin can be used as a currency too .

According to me loosing bitcoins is much more difficult than loosing paper money.
The scope of a person being a good thief is always more than he being a good hacker.
If you have given a valid email ID or your phone number then definitely you will have a reset option.
Bitcoins in a lost wallet will be useless because of the fact that no body can use them unless they are retained or detected by some hacker.

There are no boundaries to the extent of control of bitcoins.
Bitcoin is the currency of the Internet,
a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars,
bitcoins are issued and managed,
without any central authority whatsoever,
there is no government, company, or bank in charge of Bitcoin.
Thus clearly bitcoins are resistant to state control.

First of all this is a very hypothetical situation that ,
Every one stops using bitcoins.
I don't think it is ever going to happen .
But let us consider it as a special case and think about it,
I think the prices of BTC will go down as it will loose it's worth as a currency ,
This is because then there would be,
some other form of currency that might replace bitcoins.

by asking such a question you are actually destroying the beauty of a bitcoin,
i mean how can you think about bitcoin bank,
knowing the fact that it is totally decentralised and does not need any third party like a bank.
You have got a bitcoin wallet and your own bitcoin address to do any transaction.
it is itself like a banking system so there is no use of bank to control bitcoin
infact bitcoins rising is the biggest nightmare to the banks.

it is good that you are planning to have a online business start up.
you have already mentioned some really good and profitable ones like affiliate marketing etc.
If you want to have a business like amazon ,ebay etc,selling physical goods you should first start it on a small scale where you can accept bitcoin payments. Just don't invest a huge capital on it at the start.
this may sound a bit bitter but until it is some angel no one will tell you his or her developed business idea so easily.
 

It is vital for a smart entrepeneur or even a wise civilian to use bitcoin.
Not only because it a vastly gaining acceptance,
but also because more than a currency it is a kind of form of investment.
Now a days bitcoin it is also being used by many traders etc.
Also , as a matter of fact we all say that bitcoin is the future of money so it is essential for people to use bitcoin.

See I don't find a direct way to convert bitcoins to cash,
But yes you can convert them to bank balance and withdraw cash from your bank account.
But if you are living in a developed area you can always go to bitcoin ATM and do so.
Else visit paxful or paybis where you might find a way.

I usually store my bitcoins in my block chain wallet.
If you want to store your bitcoins for 5-10 years,
I insist you to store them offline​ in your USB rather than putting them​ in some wallet.
I think that for long term storage offline is the best way.

To a layman explaining what is bitcoin,
Will be a very lengthy process and it also may not yield the desired results.
So I insist you to encourage them to make a small investment,
On bitcoins ( only the amount whose loss they can bear).
They would definitely like using bitcoins in future as a trade mediator in the future I assume.( If they use it once)

Sir ,
I confirm that I have received my payment.
Thank you.
Regards.

Even though ETF got rejected ,
but still the prices of bitcoin despite of ETF rejection managed to cross 1200 USD .
Also we can see that the rate if price rise of bitcoins ,
Has always been more than its price fall.
And also it has reached a fucking 1200$,
It is not at all less from the time when it was not even 1 $ for 1BTC.
So we can never say that bitcoin has even been rejected among the people anytime.

Yes ,
There is no doubt that bitcoins are a form of currency,
But usually now many companies and trading giants are not accepting it as a form a payment.
But still there are many platforms where you can pay via bitcoins for goods and services,
Also there are many platforms where even you can exchange your bitcoins for Fiat.
Hence , there is no doubt not that bitcoin is a form of money or not.
It is definitely a form a online money which by certain processes you can convert to bank balance, cash etc.

See if a full member is asking such a question,
And a junior member is answering such a question,
Then I definitely think that it is certainly a disgrace.
But still for the sake of answering ,
time = number of two-week periods in which you've posted since your registration
activity = min(time * 14, posts).
In simple words every day if you post regularly,
You gain one activity,
And if you post even more than once in a day,
Still your activity will increase only by 1.
If you have posted 14 times in 1 day itself then your activity will increase 14 that day itself.
And then directly increase by 14 after exactly 2 weeks.

See 2000$ is a good amount to spend on something.
If you don't want to invest on bitcoins then ,
I suggest you to ,
Invest them on shares,
if you know how the share market works.
You can also invest on other crypto currencies ,
Like Shield, Ethereum etc . It might be a good option as,
their prices may rise like bitcoins.
But I can't guarantee you that they will rise in the same way and rate like that of bitcoins.

When I first saw this post,
I thought that some newbie might have posted it.
But is was kind of aukward to me,
that a hero member has asked such a question.
I mean why don't you join any signature campaign,
I mean which campaign doesn't take hero members.
You can easily earn a good amount of money.
And if you are in some good campaign then you may even get 0.1 BTC per week.
There are many other ways to earn bitcoins,
But you bieng a hero member should know them.
You are officially more experienced than me in this field.

See I don't think you should worry so much.
I insist you to use block chain wallet.
It is damn secure .
I use it mostly in my phone and due to safety reasons,
It doesn't even allow me to take even screenshot,
Of any of the content present in the app.
I.e when the app is open.
Talking about password ,
When I go to settings and select reset password,
They show the message that-
" Our servers have not saved your password"
So even if someone hacks the servers of block chain,
He can never know the password of our wallet.

Here in the same thread bitcoin discussion we are discussing,
Whether China is controlling bitcoin or not ,
So Your question seems to be a bit aukward at the point.
Atleast 70% of the bitcoin miners are Chinese.
So you get your answer crystal clear.
Yes but exceptions definitely exist.
I really don't know about what happens in North Korea.
But in big countries like China , Japan , South Korea, Singapore etc bitcoins have definitely gained a lot of acceptance.

See this kind of thing to happen,
Is almost next to impossible,
But still for the sake of understanding let us consider that something like this might happen.
The possible reasons may be-
1) All the major bitcoin owners just stop using it and just keep it in their USB.
2) There may be some better technology than bitcoins that might show up with the passage of time.
3) And the third and the most obvious is that with the Extinction of human race bitcoins will also die.
4) Security organisations might recognize Satoshi and get to know all the loopholes of the programing of bitcoins by him.

We can do it but it is difficult,
But we will have to form a large group and then do so.
Moreover bitcointalk(this forum) I think ,
doesn't have so much capital to do so.
More over most of the bitcoins users are usually minor users.
I mean they have a very small amount of bitcoins present,
To favour their savings of the currency.
So I think let's keep the market going as it was and not thinking of doing so.