focusedwriter10

I agree that there is no cryptocurrency closer to Bitcoin, but let's wait and see what the future holds.

I agree the Bitcoin is here to stay, but even though the world is moving towards digital, do you think the rich will sit back and watch the space? It is not that easy as it sounds.

I am in agreement with this statement, but demand and supply remain to be the biggest determinant.

Bitcoin will definitely lose its value. However, do you think this is possible if they are yet to know the developers?

Do you think Bitcoin will withstand the market trends? Is there any other cryptocurrency that is close to Bitcoin? Maybe, maybe not.

Do you mind sharing the link? I would like to watch the video.

I agree but the big question is, what is the number of Bitcoins that are yet to mined? Are there changes in the mining process?

This is the reason why most governments cannot trust Bitcoin, and making it fully regulated is not easier.

Well, on my part I am trending carefully with Digital Currency. Regarding Bitcoin becoming the digital currency, the answer needs patience.

The best strategy. Put all eggs in one basket is very risky. Diversifying is the best means of investing.

All over the world, there are varying views regarding the regulation of Bitcoin. In my opinion, the experts are correct. The changes in prices of Bitcoin is something that makes most governments concerned. In fact, some have gone ahead to warn the citizens.

According to me, mining is not dead but it is almost there. Mining was hyped so much, but the cost of mining has hurt many miners, due to increased competition. Also, investments in mining might not give returns as expected. There are a few miners who are still pushing on.

It is better. Those who invested in Bitcoin prior to its popularity are enjoying. However, I can only invest in new cryptos in moderation. To avoid losing it all, I can only invest the extra cash that I have, otherwise, after seeing the progress I can invest more.

Although there are crypto coins that are emerging, I do not think they will beat Bitcoin any sooner. In any case, then it will take time because Bitcoin is more popular around the world.

I agree. The answer can only be given the developers of Bitcoin. But, illegal activities are funded through various means.

Since the only place in my location accepting bitcoin as a form of payment is a restaurant, I am trading it for profit.

I agree that denying was a form of staying safe. Imagine the harassment he could be facing right now if he accepted? How about the heavy taxation, probably for the government to control Bitcoin?

So far, I can confidently say Bitcoin is not a bubble. There have been so many speculations regarding Bitcoin, yet it is doing well in the market. In short, Bitcoin is here to stay.

Irrespective of the market trends, Bitcoin is the most profitable cryptocurrency. Actually, it is more popular than other cryptocurrencies.

Exactly. The issues cited by China were not convincing. However, China is a country that does not want money to leave their country. Just check around the world and you will realize how selfish China is. Business is only good where China is benefiting without competition.

By coincidence, I was working for a bitcoin exchanger site owner who was very honest. He was my mentor and I never tried other sites, though I have seen people cry of being scammed in some sites that claimed to be legit.

The same applies back here in Kenya. Also, I strongly believe the situation is the same in most parts of the world. I have never tried forex trading because I have seen my friends lose a lot of money. Most traders are scammers.

Since Cryptocurrencies and precisely Bitcoin are virtual, then the current can vanish or disappear anytime. However, the biggest question is what one can do? You can do nothing because you cannot trace the precise location of the owner, and no physical bank to go air your concerns. I will just move on and be more cautious when investing next time.

Yes, I do. It is evident that Bitcoin is real. Those who invested early are now earning decently.

In my opinion, Bitcoin is here to stay. It is slowly gaining popularity even in countries where people thought it was a scam. Therefore, the demand is increasing, which translates to a higher price. Nonetheless, my concern is one. Will the stability of Bitcoin remain? will it be accepted globally in the future? We have to wait and see.