focusedwriter10

I agree. That's why I said one should just know the price of Bitcoin will appreciate soon.

From the look of things, there is no cryptocurrency that will win the popularity of Bitcoin. In fact, most people see Bitcoin as the only reliable and stable crypto.

The fact that prices of Bitcoin do not depend solely on the demand and supply disqualifies it to be a commodity. Instead, Bitcoin is a currency, though a digital currency.

Here is the answer. If you have the money to invest, it's the right time to invest. Just know the prices will go higher very soon.

My Christmas wish for Bitcoin is its price to go up and maintain its stability the whole of 2019.

I am still hopeful with Bitcoin. Although the prices are not as good as expected, I have made some profits. However, I feel sorry for those who invested in Bitcoin at a higher price, and the returns are now poor.

I have a friend from the Philippines but currently in the US. She told me and I can now confirm. Back here, banks are more concerned with forex exchange, selling of stocks and real estates. They are avoiding fines from the central bank. Now that there was some warning,it means the that in case of anything, the bank will carry the burden.

After the long slumber and the awareness regarding Bitcoin, then you should expect nothing but an increase in price. The demand for Bitcoin is rising.

I would invest part of the gains in crypto again, but I would use the large part of the gains in investing in businesses such as real estates and buying stocks.

I am in Kenya, and I am yet to see any bank that is talking about bitcoin. I only know of a restaurant where people pay using Bitcoin. The central bank gave the citizens to tread carefully, which is one of the reasons the banks are not accepting Bitcoins.

Wow, lucky you if banks in the US are accepting cryptocurrencies. Maybe this will come to pass in my country, but that will take years or so.

This depends on your location. Back in my country, I cannot see that happening, based on the fact that the central bank gave some warning.

I cannot state the profit clearly but I made some good profit from Bitcoin. I cannot say my investment was bad.

All these new cryptocurrencies saw how Bitcoin was rewarding, and some people thought they can easily hit the market. I cannot risk my money until the new coin has gained some trust and stability in the market.

The name is very important. A coin can break or make it in the market just because of the name. For example, there are a good number of cryptocurrencies, but Bitcoin has beaten them all, simply because of the name. The name acts a brand.

Will this happen? I doubt because by then, the developer of Bitcoin will have come up with an alternative way of ensuring mining continues. I will be dead then, and so many other Bitcoin investors, which is good to say the price is not coming down soon until it happens.

In my view, it is the start of another rally. Those with sufficient Bitcoin will start selling at a higher price, while those wanting to invest in Bitcoin will have no otherwise but to buy at whatever market price. Most people were holding the coins, waiting for prices to get better, and for the market to stabilize.

I would rather liquidate it for a hefty profit, although I will hold some of it. There is no need of selling all the Bitcoins since I have already made some profits. Thus, no loss will have been made. Such a situation is similar to that of shares. If something is wrong, most people rush to sell their shares to avoid losses.

But as we approach the set limit, it is good to remember the demand is also increasing which is the reason as to why the price is increasing steadily. But, when the limit will be met, maybe people will sell their Bitcoin at a lower price for fear of losing all. Most likely, the price will go down.

I am not sure about Facebook credits, but Mark is on the right path. Recently, I realized you can send money through Facebook Messenger. Maybe they are just testing, then from there see the way forward.

I am sure that if Facebook can develop its coin, then it can overshadow Bitcoin. The popularity and trust of Facebook around the world can easily help Zuckerberg when it comes to marketing.

The price of Bitcoin has already gone up after some duration of tough market forces. But, according to my opinion, the price of Bitcoin will continue to increase because the demand is increasing, while the supply is low.

After the last Bitcoin is mined, then that will be the end of the road. However, the prices will rise as we near the last Bitcoin. Furthermore, we can wait and see if the developer is busy developer other Bitcoins.

Based on the trends so far, the performance of Bitcoin and the increase in value alongside appreciation in various nations, it is safe to invest in Bitcoin. Nonetheless, you should only invest the extra cash that you have.

Thanks for this. I have bookmarked the linked. I will definitely come back and give you the feedback.