Just buying Bitcoins is always going to be better as you won't have to go through the hassle of setting up your own mining hardware. Also mining on a small scale isn't feasible and you are likely going to not gain much bitcoins that way. You can mine bitcoins as a hobby but I would recommend just buying them as a much better option.
|
|
|
There's no way a government can kill bitcoin. It isn't controlled by them and is decentralized meaning no one can control it. Even if the governments come up with their own coins still Bitcoin won't lose its value cause the coins the governments are going to develop are going to be centralized and controlled by the governments while bitcoin will still be decentralized.
|
|
|
I think it was the ICO ads that they went after first. Banning all the Bitcoin related ads will just be too much revenue loss for them. Although a complete ban would be much better for the crypto world as it would prevent new users from clicking on fraudulent ads of malware infected wallets and phishing websites.
|
|
|
This is something I hear in every bear cycle that Bitcoin has went through. The people saying such things are losers who regret not getting into Bitcoin earlier on and don't want to see anyone invest into Bitcoin. Just ignore them and invest if you trust in the project.
|
|
|
Yes I would still buy Bitcoin. I only invest my extra cash so I don't really care much about the price. This way I’m also able to daily cost average and get a fair buying price for my Bitcoins. If you are afraid or thinking so much if you should invest or not than I would say wait until you are sure about it.
|
|
|
Lol, BCC is already dieing if you haven't noticed it. Its already at one tenth the Bitcoin price. And will have a quick death. ETH is no comparison to BCC. Its like comparing a Toyota to a Lamborghini. The amount of development work being done on the Eth platform is huge.
|
|
|
Someone has to be pretty dumb if they believe in any thing you typed. Are you seriously that dumb? What makes you believe that bitcoin price is going to $100? Just cause someone said it means you are going to believe it?
|
|
|
The market volatility is what attracts most of the people to Bitcoin and taking away that could be quite catastrophic for the Bitcoin markets as it will take away the thing that makes it the most attractive. And as long as Bitcoin is going to be unregulated theres going to be price manipulation.
|
|
|
The most secure way is either storing your bitcoins in a hardware wallet or a paper wallet. One costs money while the other option is free. But using a hardware wallet is much easier and secure. Trezor and Ledger are two companies that manufacture hardware wallets and I would recommend them both.
|
|
|
In a bear market the good news gets buried down and the bad news gets brought to the front and leads to more dump. Until the market correction is over I don't see the bitcoins price recovering. After such a mega rally Bitcoin went through I don't see the prices recovering so fast.
|
|
|
Bitcoin is a hodlers game. If you expect the price to just keep on going up then you are in for a rude awakening. Its always said to only invest the cash you don't care about as its in these times that you don't have to worry about your investments and stay relaxed instead of panicking and selling at a loss.
|
|
|
It isn't feared really. This volatility is what attracts many people to the Bitcoin and crypto in general. Its feared for only those who are investing money they cant afford to lose, which means they are breaking the first rule of bitcoin investment.
|
|
|
Lowest price of all time? Are you kidding me. You mean lowest price of this year. Yes it is nice price to buy right now but I expect the price to go even lower than this, as the market correction isn't completed yet and I expect at least one flash crash before we see any recovery in prices.
|
|
|
The Chinese government wont ban mining cause the mining market will just shift to another country and it will be the loss of the Chinese miners. Also mining is a big industry and banning it will result in loss of revenue to the government. Also the asic miners came later on and bitcoins were mined with the regular computers earlier on, so even if the asic miners leave there will be people mining bitcoin with their computers and bitcoin will be working just fine.
|
|
|
To be honest I think most of them just use bitcoin as a way to get rich quick. Not many people care about the freedom that bitcoin provides and the great payment system it is. Plus not to mention the privacy it provides when transacting online.
|
|
|
Trying to create hype like this so you could sell your bags on the newbies is pathetic. No one can really predict whats going to happen next in the crypto markets and you being so sure and asking people to sell their houses and stuff is down right wrong.
|
|
|
Its mostly demand and supply that affects the price, but when it comes to bitcoin the price is manipulated by the whales by creating two conditions according to their needs, hype and panic. By doing this they become successful in controlling the price.
|
|
|
I don't think so, this year is going to be spent mostly in correcting the price of Bitcoin. After the double rally we had last year I don't think we are going to see more bull mania this year. But yeah if lightning network becomes a success then this year could be remembered as the year that saved Bitcoin.
|
|
|
Are you sure you are using Bitcoin? Cause the Bitcoin that I have been using for transactions has been very fast for the last two months. And the fees is also at the lowest point for the past year. Also with segwit released it should speed up your transaction speed even more if you use it.
|
|
|
Even if they ban it they cant stop someone from using Bitcoin as it is a decentralized currency and theres no single person/organization controlling it and theres no way for government to detect if someone is using Bitcoins. Plus theres always going to be a country who will be crypto friendly.
|
|
|
|