This will not have a big impact on Bitcoin. Bitcoin plays the role of a giant in cryptocurrency. Now the development of Ethereum is indeed getting better and better, but Bitcoin is also developing for the better. If Ethereum surpasses Bitcoin, the usage rate of Bitcoin may be lower than it is now. But some people will still choose Bitcoin.

Because the number of bitcoins is limited, when all bitcoins are mined, all miners will face unemployment (may continue to mine other cryptocurrencies), because the value of bitcoins will get higher and higher. People will not sell bitcoins after only bitcoins, and wait for the value of bitcoins to gradually rise. Bitcoin's transaction volume will decline. Many whales will not profit by selling bitcoins to buy bitcoins, and the return of bitcoin's volatility is gradually decreasing.

Stable property means freedom of wealth, no loans, no money owed to anyone. You can invest in the projects you want to invest in to ensure the living standards of yourself and your family. No money pressure. There will be a stable fund income every month. Fund income is greater than expenditure.

There are advantages and disadvantages, and it may undermine the decentralization of Bitcoin. Will record our privacy in the bank. The original intention of Bitcoin is different. I hope that we will pay Bitcoin freely in the future, and there is no concern about privacy leakage.

Cryptocurrency is not that important to the country. Before, everyone didn't know much about cryptocurrency. The development of each country is still very good.
It is possible that cryptocurrency will promote the development of the country. Now the comparison is meaningless. After another five years, we can compare the development of countries that adopt cryptocurrencies with those that do not.

Instant transaction means that both parties will trust each other.
Without a third-party guarantee, if it is cheated, the chance of getting it back is not very high.
All transactions need to be careful.

The poor will not choose to invest unless he has learned the skills of investment. Otherwise, he has no extra money to invest.
Bitcoin can be divided very small. No matter how many assets you are, you can invest, as long as you have an adventurous spirit and the principal of the investment.
Investing in Bitcoin is more cost-effective than investing in other stocks.

Currency denationalization is to get rid of government control. However, many governments now prohibit the use or holding of Bitcoin because they cannot control Bitcoin.
Regardless of volatility or decentralization, Bitcoin cannot replace fiat currency. The government cannot agree that coins beyond its control are legal tender.
If Bitcoin becomes legal tender, more and more cryptocurrencies will appear in the future. Everyone can issue coins, and no one can stop it.
So will the future economic system be divided into countries?

Yes, this will make Canada's economy better. May make Canada a superpower.
But I don’t know if they will be banned.

Bitcoin's price comes from its value, while the value of Bitcoin is from its use.
From a commodity perspective, Bitcoin value support originates from mining costs, and bitcoin are not generated, but it costs huge cost excavation output. At present, the cost of each Bitcoin has already reached tens of thousands of dollars.
From the perspective of the currency, the Bitcoin value support is from the consensus.
Each of the Bitcoin is actually recognized by all miners throughout the network, which is a consensus mechanism formed between miners.

If you think you will lose your money if you continue to hold it, then you can sell, but you have missed the best time to sell. You can hold it all the time.
I have been holding it now. Although the price has risen, I believe that the price will be near the high point by the end of this year.
Our investment will not follow the market FUD. We should learn to analyze the market. Don't blindly believe in others, you can listen to other people's suggestions. But I can't believe it completely.

Predict

It is precisely because of the epidemic that the price of Bitcoin has risen. Due to business closures, many people are not working or working from home. Many people learn about cryptocurrency through friends or the news media. In my impression, there were a lot more altcoins during the popular period. I don't know if it is caused by the epidemic, many of them are scams. And some newcomers who have just entered the cryptocurrency have no experience and will lose some funds, causing some people to be afraid of cryptocurrency.
However, many people are still learning about cryptocurrency. When the epidemic has no source of income, they rely on cryptocurrency to make money. I will take my friends into cryptocurrency, which will increase the demand for the cryptocurrency market. This is also a good thing for the cryptocurrency market.

Thanks again

Due to the high power consumption of Bitcoin mining, many media have caught this and began to report the news that Bitcoin mining wastes energy. But is Bitcoin really a waste of energy?
In our daily life, there are many places where energy is wasted:

• When we are out, we will not turn off all the electrical appliances in the house.
• We often forget to take out the banknotes in our pockets to wash clothes, which leads to the consumption of banknotes (because the banknotes are made of trees)
• The carbon dioxide we emit when we drive to and from get off work every day

These are pollution to the environment[/list]
Now Bitcoin has green energy mining
Bitcoin is easy to carry and not easy to wear

This is a coincidence. I helped an old man yesterday. I saw this post today. I hope there will be such volunteers in my place to help the homeless. I usually do volunteer work on weekends.  I really like the sense of accomplishment that helps others get, and hope that there are more and more caring people in the world. This topic makes me feel that the world is full of beauty.

Bitcoin brings us not only freedom of thought, but also freedom of wealth.
Bitcoin is really convenient. In the past, we always conducted payment transactions under the control of the government. Now we are separated from the government in a sense. This feeling is really good.
Bitcoin makes us safer, we can do something we want to do, so that we are no longer bound. But we cannot do things that hurt others.
Bitcoin has changed our lives. We should really thank Satoshi Nakamoto. Thanks for the emergence of Bitcoin.

Rank: Jr Member
Amount of merit: 5
Profile Link:https://bitcointalk.org/index.php?action=profile;u=3103294;sa=summary
Please take a look, thanks!

If some people understand that Bitcoin is a negative article published through the media, they will preemptively regard Bitcoin as a bad currency.
There are also some newcomers who are new to cryptocurrency. If he loses money in the market, then he will not trust Bitcoin and think that Bitcoin is not good.
There will be people who believe in the government, believe in fiat currencies, and feel that cryptocurrency is insecure if they haven't been exposed to Bitcoin.

I insist on holding. I once thought about spending my bitcoins, but when I think about spending my bitcoins, what if the price of bitcoin rises?
Bitcoin is still very unstable. After my employer paid me a salary, I only had a little money to invest in Bitcoin. I'm slowly accumulating.
However, any investment has risks. If you want to recommend a friend to invest, you can analyze market trends with him and let your friends make their own decisions. ,, I am like this, my friends will treat me like this. Before deciding whether to invest, we need to consider ourselves.