Martinsx

Damn! That's very crazy. Why would he choose to pay for pizza with Bitcoin is the question I'm going to be needing an answer to.

Exactly! This is actually why most people are making use of it in Philippines because it works perfectly well for them in carrying out all transactions.

The price seems to have clogged at $3.8k at the moment and it's most likely not going to be changing till new. This drop in Bitcoin price affected millions of investors in a negative way.

I regret that I did not get to invest in Bitcoin at the time of its launch in 2009. If I had, I would have been a millionaire by now.

I don't have any knowledge about torrents or how it's used as well as its mode of operation. If you can tell me what torrents is all about, I would appreciate it.

I didn't go too further in checking all the reviews but thanks for pointing this out. I'm going to look further into this and get all the facts right.

Seriously, there are some projects that one can't simply get into because it's too expensive for you to engage in even though it comes with lots of profits. When you can't finance such a project, it best to opt out and look for the ones that are within your capacity.

These stores doesn't have any business with the central banks. They are dealing on cryptocurrency at their own expense, if anything goes wrong, they will bear the burnt completely. So, in principle they are not violating any laws but just exposing themselves to risks.

What I would suggest for banks to do would be to device a way through which they can impose charges on Bitcoin accounts and transactions. I'm very sure that all cryptocurrencies dealers wouldn't have any other choice but to deal with them.

Are sure it's possible for them to achieve that project? If it's something they could do, I'm pretty sure they would have done it by now.

Who really knows my friend? We are just going to be seeing things and development with cryptocurrency as the day goes by and if it favors any investors, then he is the lucky one.

Exactly! The government and central banks doesn't want to suffer from dealing with cryptocurrency, so they pull off their support in the cryptocurrency, thereby making it difficult for the currency to be stable.

Exactly! It's only some handful of online stores that are accepting cryptocurrency for any transaction purposes. Not all online stores accepts Bitcoin, and these stores are accepting cryptocurrency at their own risk, the government would back them up if anything goes wrong.

Personally, I don't think that I have the financial power to build a mining rig of my own, even though I know how beneficial it would be but I can't simply afford it.

It's very possible but from what I have read on several articles online so far about Genesis mining, it's very legit and not a scam. If anyone have been scammed with Genesis mining, it would be a public knowledge by now.

The price isn't stable yet and it's not showing any signs of stabilizing but hopefully in no distant time, it would probably settle down.

It won't be a good idea in my opinion. It would make a mess of the whole cryptocurrency thing because some people wouldn't maintain their cryptocurrency or make it stable which would make people lose their money. Also no one will invest in another person's cryptocurrency since they can have their own. It's like giving people the right to print currency, it's hopeless.

The blockchain already exists for those who knows how to exploit it and create a new cryptocurrency blockchain. It's after Bitcoin was launched that other cryptocurrencies followed suit but sadly it's not a common knowledge on how to initiate a new cryptocurrency.

The world is heading more towards digitalization and it's probably the reason why cryptocurrency existence was ushered in. So, as long as our technological advancements keeps improving, cryptocurrency will keep pushing up.

I would pick the United States of America, UK and China. These three countries are very well placed and open to the use of cryptocurrencies from the looks of things at the moment.

Satoshi Nakamoto is the brain behind the creation of the first ever digital currency called Bitcoin. There aren't two initiator of of Bitcoin but him - Satoshi Nakamoto.

It's simply on the grounds that the government doesn't approve the use of cryptocurrencies for any kind of transactions in the country. So, the banks don't want to get caught up in the government laws.

Definitely, I'm going to be very careful in assessing the best option for me to choose with the mining in order not to get into something that I wouldn't be able to complete.

Personally, now I'm not sure if it's wise to invest in cryptocurrency because it's still falling. If you are investing, just make up your mind that it will keep falling at the moment till it appreciates. The question is when will it appreciate?

How frustrating this gets as the day goes by is very annoying because you wake up everyday to see that you are losing out in your cryptocurrency investment.