Because it is being used as a trading stuff. Anything that is being traded should be worthy and has a particular value. And the fact that it gives anonymity to its user makes it more valuable than any fiat coins out there. Its just that it is also being abused by some other people.

That news would probably affect the people here in the Philippines. Since lots of us are still exploring to bitcoin, it would really affect many of us and could also cause to not invest in bitcoin to some.

You are certainly right. We cant really depend that much in bitcoin since it is very risky and volatile. Investing all of your money in bitcoin would be very risky since it requires your attention in watching the price.

They hate bitcoin because they really dont know how does it workds and what are the perks of having it. Those people are really ignorant of the knowledge of bitcoin and some of them doesnt even  want to learn anything. From what I can see to bitcoin this year, it will be a regret for them since bitcoin is still continuing to move forward.

Its a good news for us since samsung has been known and is popular all over the world. So producing some mining software for bitcoin will be a big step up to bitcoin since its software will also advertise the bitcoin itself.

Im also a college student right now and I use my bitcoin for my school needs. Most of it are used for transportation because I dont own a car yet. And some of it are used for other miscellaneous needs. I rarely use it for partying stuffs since the money that I have gotten from bitcoin is very usefull just for my needs.

That thing is really impossible since the amount of bitcoin existing is millions and each of the bitcoin costs about $9000 now so it would require a lot of money just to buy all of it. And what will he do if he bought all of it? I mean holding it for yourself will not really circulate at all so there will be no change in value.

I think it would be the both sides loss. Bitcoin's loss because facebook could really help bitcoin in advertising as they are the biggest social media site that could reach billions of people worldwide. Facebook's loss because of the opportunity that bitcoin can give them.

Magandang balita yan. Buti naman sa bitcoin na sila nag focus instead of the other alt coins out there. Di naman sa bias ako pero mas malaki kasi ang magagawa ng bitcoin. Kung ung ibang alt coins kasi mababa pa ang value at may chance na di suportahan ng mga tao.

You cant really predict or see the foture of bitcoin instead all our actions will just add up to it. It may be down or even up. I think that our support will be really good for bitcoin.

Thats a really great news and it shows that our support and dedication of spreading bitcoin has been already paid. Still bitcoin has the highest value per piece than all of those currency which is something to be proud of.

Because of the very large electricity usage that have caused china to loose a huge amount of electricity because of the miners. China has been known for the most country producing bitcoin with the use of mining however they havd banned it because of the electricity issues.

One of the bitcoins perks is the very cheap and not expensive tax rate when it comes to trading. So putting tax on it would really affect its reputation directly. Most of its user will also complain about it.

Satoshi nakamoto is the man behind the bitcoin's creation but his name wasnt really confirmed or even his identity.Still he was just the man who created our main topic and our source of income.

Somehow,bitcoin is really connected tp some illegal activities like drug buying due to the thing called deepweb.Bitcoin was used there to buy some products.But still everyone knows that there are more larger transactions using fiat money.

No. It will not gonna reach its current status if its secuirity can be hacked. Of course there lots of security codes that is needed for a hacker to have it. And there is really no records of bitcoin being hacked by someone.

Mining really take up a great amount of electricity. So engaging into mining may require some graphics card for you to have an effective yet effecient mining. I am also planning to start mining becauseI already have someof the requirements.

Well as far as I know.Men really tend to search more about some stuffs in the internet driving them to this bitcoin.While women are more of just doing what they usually do and dont really get this far.

Yes social media really affect the bitcoin's growth since many of the users and marketers are using social media as a medium of advertisement.And the fact that most of us really use social media is one also.

Yes you really have to .But I think there should be a time for you to invest in bitcoin but really there is no right time so you may have to take some risk in order for you to have something from it.