Hello,

I'm still learning about crypto currencies and willing to buy some bitcoins. Is it good time to buy?

Thanks

i have been thinking bitcoin cannot last forever..............i need you guys opinion if what im thinking is right.

Bitcoin mining is based on very high energy costs and environmental costs.

One bitcoin =20 barrels of oil.


How many barrels of oil do you think the industry consumes every year?


10 barrels? 50 barrel?

Each year, the mining industry consumes more than 24 terawatts of energy, the equivalent of 13,239,916 barrels of oil.

Every 10 minutes, 12.5 bitcoins are dug up, meaning 20 barrels of crude oil have been reached since each bitcoin was dug up (not yet traded).

In other words, the amount of energy consumed by the global bitcoin mining campaign is 40 times greater than the amount of energy needed to support the Visa card network.


One bitcoin transaction = one American family USES electricity a week.

According to encrypt the currency analyst Alex DE Vries estimate an index, the currency trading energy consumed each year more than 24 tw, this is equivalent to total energy consumed each year in Nigeria, which has a population of 186 million.


Currently, about 300,000 bitcoins are traded each day. Each bitcoin transaction costs 215 kilowatt-hours of energy.

The average American household USES about 901 kilowatt-hours of electricity a month, which means that each bitcoin exchange consumes enough energy to make an American family comfortable for a week.

What do you think about the energy consumption of bitcoin?

Right now there are more coins available in the market which gives you more profit than bitcoin.
Bitcoin price is also not stable.
All these factors affect its popularity ??
What you think, still bitcoin is more popular ?

Hey guys. I was asking my self "Should I buy Bitcoin now? What if it's gonna go down after I buy?". What do you think? Should I buy or wait?

During from past two years when bitcoin stepped in,Every body takes it lightly but i personally dont know that how it get so high on USD then how it conquered the transactions of banking,there was also a time when 1 BTC was = to 1100$ which also led myself toward this entity crazily,Bitcoin was like catastrophe in transaction sector or what can i say it a 'Currency sector' then we see also a big drop in the price of Bitcoin from 1100$ to 300$ .It boomed suddenly ,Every body head was down thinking that they had lost something because some peoples had transferred there currency in bitcoins because of Current Good situation also and of the value of the 1100.
Still today those people aren't in a big loss because bitcoin is much more valuable still today ,i know it is not much then before it was used to,but i have to admit it that with that big fall ,
btc is still famous
BTC

I'm a new investor who is talked about Newbie, and I'm know Bitcoin by Ebooks and Internet.    I found that the history of Bitcoin is relatively short, to talk about benefits, it is digital currency, not through convenient medium and relatively fast. But there are many limitations, it is anonymous and easy to be Hackers possession, difficult to universal throughout the world as well as all types of business. I want to borrow money from my parents to buy more Bitcoin, because I believe the value is increasing but they still doubt it is multi level ponzi, should I invest a lot here or not? I need more advice. Thank all of you a lots.

Our country just recently held a seminar introducing bitcoin in our country. The said seminar were facilitated
by bitcoin experts and government officials in pursuit of using bitcoin as another form of payment and regulation of it as well.

http://www.wheninmanila.com/5-things-i-learned-about-bitcoin-and-cryptocurrency/

Dear all,

I just heard some of my friends chatting in a gathering and they think Bitcoin is scam and Ponzi. I just give them a smile and wish they will educate themselves a bit.

So, I would like you to give me some suggestions, how I can give them some hints with soft words which can change their mind or at least give them some more space to think twice?

New user to the forums and new to Bitcoin overall, just looking for some advice. My friends have bought packs with USI-tech a few months ago when the price was around £2.5k per coin. I'm looking to get into it but just wondering when to go for it.

I've been waiting for the price to fall which it kind of has now, do I wait it out even longer for it to fork again in November? Or do I just put some money into it now. I've been doing a lot of research before I do anything but just want some opinions on here please.

The price of Bitcoin growing consistently from 2009 sum of people are very confuse to see the price of BTC that what is the right time to invest.
According to my opinion at this time price of Bitcoin in low position so you can invest.
What you think.

I have recently written an article about the possibility of Bitcoin becoming currency we will use on daily basis.  so now I want to ask the question do you think we will see if it can be used as a daily currency???  or do you think it will be more like gold a good store of value???
My own personal hope is that we will see cryptocurrencies develop into currencies we will use on a daily basis.  in my opinion, bitcoin will be a good place to start due to the mainstream knowledge about Bitcoin,  but I do not think it's the best-suited kind for daily use and I believe we have a long way to go before it is a viable alternative to Fiat currencies for the majority of people.

For inspirational purposes, I have included my article
https://cryptoms.online/2018/02/27/will-bitcoin-become-a-daliy-currency/

I will not invest bitcoin at the moment, it puzzles me.  2017, bitcoin prices will increase as bitcoin loans are the primary currency. In 2018 I saw a lot of bitcoin imbalances at times when it came to the point where I could not believe

A Korean student has committed suicide after falling into a depression because of a big loss of money invested in bitcoin and cryptocurrency. A 20-year-old Korean student has been found to have committed suicide after falling into depression due to huge losses in bitcoin and cryptocurrency. The body of the victim was found at his home. The victim has earned 200 million won (about 200,000$) from investments in cryptocurrency.
it's so sad. Rest in peace.

Hi guys me want suggestions

me planning to sell all my btc and wana buy etherium  ETH as btc is down 6.23 % in 24 hr and eth is down 10.68 % so me thinking best time to buy eth as it will grow

what says guys ?

What is happening to Bitcoin? Why does the pricenkeeps on falling down? The initial result of G20 is favorable towards it so I thought that it will be the start of another bullish chart but it is the opposite. Can someone enlighten me about the current situation of cryptocurrency?

how long  btc will keep bleeding ?  and  is it to late to sell ?  are we in the bottom of the dip ?


thank u

I don’t know how much more. My $1350 investment is worth $526.78 as of this moment.My coins were BTH, LTC, and ETH.

Hello there... I am from India, and Bitcoin is still in the grey area here. It is not legal, but it has not been declared illegal either. But the government has explicitly stated that Bitcoin is not recognized as a legal currency here.

The government is still working on deciding a framework for it, but we have absolutely no idea about what its verdict will be. So, people here are trading in Bitcoin for short-term gains. Make hay while the sun shines!

How are your governments reacting to Bitcoin and what's its position in your country?

I once read an article that says bitcoin is used as a payment transaction for terrorists and hackers. And maybe you guys in this forum also already know it. But here i want to convey my personal opinion in that matter. I think that internet and bitcoin interrelated. Many terrorists and criminals use internet .so also with bitcoin which used perpetrator However, despite all these issues, do people make concrete efforts to ban the internet? No. Not because removing and banning Bitcoin is difficult, but because the internet offers more positive than negative. For the same reason, we have to be more careful about our mindset for Bitcoin, because much evidence has shown that Bitcoin brings many positive, if not more, effects than the internet. Internet and Bitcoin are just devices that 'bad guys' and 'good people'. Fortunately, the world is filled with more people in the 'good people' category.