fishbate

In terms of demand and flexibility i think bitcoin has the upper hand. Also there's lots of platforms nowadays that uses bitcoin, that's why i think its value and popularity comes along in terms of crypto.

In my opinion every investment is a potential risk specially when the investor has little knowledge about the investment. It's like buying something that you just heard...The best way to invest on bitcoin is to study the basic and learn the do's and dont's. It'S also wise to ask questions specially on people that have current investments.

I think it would increase roughly around 20% more in value going through the end of year. Now that it's gaining again, i guess it would be stable and increasing progressively until the end of the year.

I agree any investments has risks involve, it may be just a matter of strategy and skills when it comes to investing in crypto currencies. Of course you can only predict how the value ends but with enough information and knowledge you might have a higher percentage of being successful.

I love to give it a try, but i still need to study more the statistics and recent trade values. But i would be willing to invest $100-$500 for starters.

It seems that Bitcoin is steadily falling, i have checked the histogram and the decrease in value started on June 10. It plumed to 6,726 from 7,648 on June 9. Since then it has steadily decreased and its around 6,095 at the moment. It seems that this decrease is not finish yet.

Well for me, if its too good to be true then it may probably be a scam. Lastly, you can check out review sites first before starting an investment.

Basically yes, but the value of energy you use may differ in some countries that's why its more profitable to mine for them. I think if you want to gain profit in mining you must first calculate the cost vs the income possibilities.

Its basically supply and demand that's why these currencies are very popular. Everyone can see that it's really moving, this means that people are into it or transactions using bitcoin is very much alive. I think the value of bitcoin today is quite normal and its still high.

In my opinion on of the disadvantage is the conversion. There are some ways to use bitcoin but they are generally digital conversions. The fact that its basically a binary valued as currency, changing or converting it to physical money is hard. But there are some countries that uses bitcoin in many ways, i just hope that these means increases in other platforms.

Well in my opinion Bitcoin will not be taken over by other currency, but it may be the other way around. Bitcoin is very erratic and unpredictable and its the same reason why it's being one of the most in demand currency nowadays.

That's why i think its a cycle. The value of bitcoin doesn't level with the value of a country's currency. If you buy bitcoin in US compared to let's say Asia , your bitcoin could be higher in Asia in terms of converting it with the countries value. Therefore if your buying stocks using bitcoin in Asia but the transaction values is in dollars you might get more stocks. Wow , i'm having a headache right now...

Who ever has it can dictate the value i suppose because as you said it's like stock trading. As long as bitcoin is being used and has value i think it will never stop. I guess it will be just a cycle which value will change constantly.

I really don't know how faucet works, i have heard about it for quite sometime but i haven't tried or researched about it. Having read the opinions here, i don't think i wanna try it. I have a busy schedule so i think i don't have enough time to work for faucet having heard that one needs to allocate time to earn. But it's a good thing to have information about it though.

I tried mining on a single PC but it didn't work out well. I was curious at that time and want to try it. Fortunately my pc specification are within the requirement range so i tried it using a software Bitmint it seemed working for a couple of days. The only problem i had is my pc resources is always used up that i couldn't do anything more. I really didn't know if i got something out of it, i just stopped it and uninstall the software. I guess if you want to do mining you really need to invest...

That's really great information, i was really wondering how did they valued it. Currency and value is really a complex thing and most of the times currency is valued through economic results. Now the value of bitcoin is erratic and i'm lost how these things happen. Can anyone enlighten me?