I believe that although the participation of these large companies favors the trustworthiness of small and independent investors besides causing more pressure for governments to be approved, it also causes greater price speculation and these volatile increases become the worst enemy of any virtual currency.

One of the problems that probably worries most of us who work under this medium is that of privacy, being exposed to others is not a viable option, for security, because it is one of the qualities that was most valued in the catalog of the market. Although at the same time it could bring some benefits at the level of speculation, I still do not agree with this factor being broken.

It can improve the stability of many in the world, it can even create jobs for people who previously did not have a fixed livelihood within their financial accounts, but it is not a factor or epidemic that can be spread around the world. So no, it can not eliminate poverty.

The claim that bitcoins consume more electricity than several developed countries has become as popular on the internet as the cryptocurrency itself. Approximately 3,600 new bitcoins are created daily through a complex process called "mining", which consists in awarding a bitcoin to computers that process complex mathematical equations through specialized software. A popular formula for calculating energy consumption is that of the Digiconomist cryptocurrency blog, which is based on the performance specifications of the most used technology for mining. As a starting point it takes all the income from mining, estimates the operational costs of the miners as a percentage of their income and converts them into expenditure for energy consumption based on the average prices of electricity.

This methodology yields an annual electricity consumption for the production of bitcoins that is currently equivalent to 32.56 kilowatts per hour (TWh), while Eurostat figures show that in 2015 Denmark consumed 30.7 TWh of electricity and the Republic of Ireland 25.07 TWh.

You could say that if it is true, it consumes extreme energy, but this is an exaggeration ... The above information is a summary that I have found of additional information, but the problem is to generalize so much when in fact less than 30% are the ones that are In charge of mining, most prefer trading.

I came to think that making commercials on TV is one of the best ways to make it known, contribute through the web with reports, youtube is one of the most used platforms, you can educate people about its basic concept through these means and make them interested in bigger companies.

Unlike other governments, they approve it with a double intention, a pretend to be a government so flexible that allows the mining and circulation of cryptocurrencies within the environment and on the other hand, the intention to obtain information, data, and thus have a indirect control of the finances of its citizens.

I think they are needed without exceeding the limits, somehow the balance must be maintained so that the government can yield, and the bitcoin becomes a currency of legal circulation worldwide, this would also help to avoid speculation.

I do not believe that China feels a hatred towards bitcoin, the people of China, the citizens, have no relationship with the central bank of that country who are the ones who want to have the control to avoid losing control of their citizens and of finances.

You can never be completely sure, so before investing people do a market study, analysis and decision making that do not put their usual economy at risk. Although many are carried away and have suffered scams, lost, in general its a very sensitive issue, you can not play with our own money.

You are absolutely right, many people get carried away by the weak mentality, comments, but above all by the pressure of period articles, whenever something new comes up they already think about running to sell all the cryptocurrency they have and it is not that fair the best solution, you have to learn to have patience. Above all know that the market moves like this, as the waves of the sea that go and come up to create great phenomena. Then ... Those who are intelligent will wait, it is normal that at this time there is a lot of movement.

Bitcoin is postulated as a digital system, whose value varies depending on the world, political and social context, however, other cryptocurrencies are opened. In addition to that, it is the pioneer currency within the cryptocurrency market and therefore has more implicit publicity. Although its high price of quotation is doing that other virtual currencies begin to revalue themselves and to be considered good alternatives by the buyers.

Paris, Bahamas, Aruba, the Amazon of Venezuela and of course my beloved Montreal.

I have high hopes for their momentum again, I have always believed that the first few quarters of each year are somewhat unstable stages for any currency or economy, but then they can be restored, I hope that is the case of bitcoin.

All systems have different functionalities but something is certain ... The one who is rich will not stop being one. Now, those who do not have a great quality of life in excess, who are not rich, we can improve our quality of life through the inversones of bitcoin, there are many cases that have arisen through this system, they are stories of people who invested by chance in 2010/2011 and today remembering that investment they realize everything they have earned.

I do not consider it a useful topic for children, perhaps young people over 15 in high school if you can explain this market method, it is a very complicated subject to be explained to children between 8 and 9 years, besides that maybe learning could arouse a risky curiosity, you never know ... All this must be analyzed better by an expert in early childhood education.

They are taking the positive that the cryptocurrency market offers, particularly it is good that they are given opportunities to cryptocurrencies, but at the same time they are not going to fully access until there are other governments that also allow it, what happens is that there is a certainty that if they accept it, it will be on their own terms and we will not know to what extent it would become an equal market to that of the currencies.

Actually in these moments btc is one of the safest virtual products, that is why it has lasted so many years at the forefront of the cryptocurrency market, but if we talk about financial security remember that this does not go hand in hand with any cryptocurrency, since in reality the profits are based on the fluctuation of the market, that is, there is no fixed gain

For it to be the end of bitcoin they should decree a total break within the finance executive of the same, that is, that the values ​​continue to decrease more and more. I do not think it is the end, however if they do not rush to solve the problem of falling values, they could have a total break.

This is a funny question ... There is not a total count of how many profits there are in the world, but you can compare the value of bitcoin with the values ​​of big companies like Microsoft for example.

In the world of cryptocurrency or cryptocurrency, an instrument known as ICO (Initial Coin Offering) is used to finance the development of new protocols. This expression, literally translated into Spanish, means Initial Offer of Currency.

There are two main mining methods, Proof of Work (PoW) and Proof of Stake (PoS), which are relevant for us to understand how an ICO works. On the one hand, the Proof of Work mining model is used in the Bitcoin, Litecoin or Ethereum protocol to mention only a few examples.

The Proof of Stake is a model in which the owners of cryptocurrencies are progressively rewarded - in a lottery among the cryptocurrency holders themselves - with new tokens of the same type. In this model, holders of more units of account or currencies are more likely to increase their holdings with new cryptocurrencies.

The Proof of Stake model, unlike the Proof of Work model, allows a distribution of cryptocurrencies or tokens based exclusively on the priorities of the protocol developers, a circumstance that has allowed the creation of ICOs with a fraudulent or dishonest tone. The advantage of the PoS system is that it does not consume energy to ensure the system unlike the Work Test model, but unlike the PoW the distribution of the coins can be unbalanced.