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Re: Do you still believe in bitcoin
by
0day
on 15/07/2016, 18:03:41 UTC
I do still believe in BTC, but I am still unsure about the future of it. I do have questions in my mind like: what happens when the max amount of BTC will be mined, will it rise/fall? What if the USD collapses? What if the Bitcoin will be used as a global currency? How much would it be worth?

There are a lot of questions I've got. For a short term, I am going to believe in it. But we never know what the future can bring us.
will invite more people to this currency and will prefer to use this currency for our normal use then this currency will establish and it will have a very better future and will have a very good value.
The users increase is the main factor for bitcoin to reach their future. and what should we do for now? trying to invite another people is unfamiliar with bitcoin to interested for using bitcoin. maybe it's a good thing to give a little contribution for bitcoin and ourselves.

To increase the adoption level of bitcoin we need to recommend to the people around us to start using bitcoin, more users will lead to higher price of bitcoin in future.

Explaining Bitcoin to people around us is great but we can't force them to start using Bitcoin if they don't want it. The media with their anti Bitcoin approach does also have a very serious impact on them. It's not something they can esily get out of their head.
But it's too difficult to make a recommendation for people who never know or unfamiliar with bitcoin, it's will needs a lot of energy to tell them and possible for some institutions or organizations will against us. maybe there are some people is easy to receive any recommendation about new things.

No one will be there who will not accept to adopt bitcoin if we tell them about the opportunities of earning from bitcoin, after knowing about that you do not need to explain it to them more but they will themselves start to search about this coin and will sooner learn about it and will adopt it.