It is nice that you can see that there are now more stuff with Bitcoin and so you can introduce Bitcoin to more people and it is also a nice song to hear so that is perfect.

I hope later that there will be more people that will get to know about it and that should be nice for the currency itself.

I think it's probably far too late for anyone joining in 2014 to be part of the "wealthy elite". That opportunity existed in 2009, 2010, 2011, 2012, and early 2013. But not anymore.

That being said, my plan is to get up to 2 BTC. I have about 0.25 BTC now. I'll sell 1 BTC once the price rises enough that I can buy a small house for myself with it (roughly $50,000 per coin should do it). The other coin I'll hodl till the end no matter what happens.

Bitcoin right now is like credit cards way back when they started. Back then, a lot of people did not know about credit cards, and some people who knew it hated them because they want to hold hard cash. Look at where credit cards are today? Bitcoin, in due time, will be like credit cards.
 Accepted by a lot of people. Just so you know, Microsoft already accepts bitcoin transactions.

Majority of the bitcoin community believing that it is the future of money. In my side of opinion I think it can yes or it can be no, why did I said  that? Yes, because there many users of bitcoin nowadays are enjoying so much worldwide even investing it too.

 No, because if one day all bitcoin users will be gone the high value will get down rapidly until it become no value at all.

IN 2011 I was a online keeper. the first bitcoin wallet i used charged me 0.001Btc and that time i was earning like 0.000003btc per 5min or something it was a lot of work to reach 0.01btc and finally payed them the fees after then i heard that there is a wallet called blockchain and i registered there and saw that they where charging just 0.0001btc :p and today i am using android wallets with 0.00005 satoshi fees.

All the other alts are losing value expect for ethereum now.
Which is bitcoins only rival now.
Litecoin is still the dobble ganger of bitcoin and always will be seen as just an after thought

I don't think any crypto currency will totally replace banks to the point where they don't exist.
 I do however believe that their prominence and power will be drastically reduced in a similar fashion to that of record labels and the introduction of torrenting and youtube and the likes. prior to the internet era, record labels were practically a necessity, at least if you wanted to make it any ways big.

They had a monopoly on the music industry. you didn't succeed if they didn't want you to.
Now, they are still in existence, but they have little power or influence. crypto will do similar to the banks, clearing houses and all sorts of industries that we likely cant even fathom yet.

First its a decentralized currencie, there isnt a single person with plenty control to accept or not any transactions, its unlimited and anonymous, atleast to have an wallet isnt required documents.
Low fees, high security level, besides those all bitcoin does have a huge potencial to keep growing over time, and bitcoin isnt being used by 5% of people in the world, this makes bitcoin an amazing investment/reward with short, medium and long terms investments.

You can earn bitcoin using anything, it depend on your creativity and skill.
 For example, you have high speed connection or huge internet bandwidth, you can offer leech, proxy or download upload using your internet and they pay you using bitcoin.

Since the time bitcoin mining became non-profitable for small investors, cloud mining emerged as a problem solver. But it involves a lot of risk. SO I would not suggest cloud mining to anyone as it displays similar qualities like HYIP.


I think, trading and binary trading is the best source for bitcoin nowadays. Even though it is risky, but it still offers a better odds to win bitcoins rather than hyips and cloud mining programs. Only thing you have to learn it first and then start with a small investment. Once you get the hang of it, you can become a full time trader and the returns will be amazing.

I don't have that many bitcoin to invest in hardware wallet. I am also tired of constantly dowloading more blocks while using full validation wallet.
 I chose Electrum as my primary wallet, with blockchain as big as 100GB only SPV wallets offer good mix of security and comfort.
I tried to use blockchain.info wallet too, but I got scared by lots of bugs discovered recently in that wallet.

I mostly save up my bitcoin for future fun purpose. I have a day job which pays me well so I don’t need any extra income to sustain my life. I am ok with my salary. But I also save up bitcoin from various sources like signature campaign or trading. It is because I want to make my dream come true.

Since long, I am planning to buy a superbike. I have not yet decided the model, but I need a superbike because I want to go for cross-country touring. My current bike is good for city commuting but not touring. So I want to buy a superbike in future. Definitely it is not a necessity but that’s why I am saving up my bitcoin. Probably 2-3 years down the line, I would be able to make my dream come true.

In the bitcoin world, it's actually based on how smart you are and not how much hard work you put at it.
Everything can be automated if you're knowledgeable about programming. When offering services for someone, you actually get paid because of your knowledge about that.
The only hard work that you'll be needing is when you're acquiring that knowledge. It's a tough road but when you get there, you can easily earn money. Once you expand your knowledge even more and establish something big, that's when you'll get rich with bitcoins.

I think that some of us can't spend bitcoin because they don't have enough, they are trying to save money so they can buy whatever they want.
Some dont have enough because they like to invest. They sacrifice their BTC hoping for a good business, maybe you can call it saving too.
Then the others dont really spend because of the transactions.
Thats a problem nowadays.

I think it's good to have both investments and savings. Having some money available in the bank for emergencies or a vacation can for me be considered savings.
I would consider real estate, gold and bitcoin investments. But as it has already been pointed out Bitcoin is currency as well.
And since it's a new currency people have to use bitcoin for purchases. This is the only way bitcoin is going to take off as a currency.

The dea to open shop in some of the cities is almost impossible in this moment but it should be ggod. I think this simply cause that shop will not have enough customers to make any profit. After some time that shop will be just one big failure.
And online shop is probably cheaper to run, you can run it basically from home, you don't need to pay for rent for space, and other taxes and expenses that have running the shop. More chances is that some of the shops start to accept bitcoins, that can help some shop to attract buyers from that area.

Almost every investment is subjected to market risk and bitcoin is exposed to even greater amount of risk as there is not central authority. So if the price starts crashing, no one will step ahead to prevent it. Also it is not back by any asset like gold or any other precious metal. Hence bitcoin investment is always riskier.

However, bitcoin also has the potential to reward you suitable if you are willing to take the risk. Those who are investing in bitcoin from long time now, they are already sitting on a huge profit. So invest wisely and wait for long period to get a good amount of return in bitcoin. No other conventional investment will be able to give you that much of return.

That wouldn't weaken bitcoin.
 I think it might actually strengthen it because then it would have a spokesperson on it's positives that it can do for humanity as a whole instead of the opposite that it has befallen it  with all the bad press that it's gotten in the past when it was first introduced.

From my point of view, compared to western union, bitcoin has several advantage,
compared to traditional money remittance, western union charges more,
mathematical errors have been made at many instances,
people also experienced having wrong currency exchange,
identification card and a custom transaction number is all that necessary to claim money, so more possible use by scammers.

so bitcoin is always better than western union.

The biggest disadvantages from bitcoin in my opinion is still vulnerable hack and bitcoin is always used for the negative activities. That is seems to me that the weakness of bitcoin makes someone difficult to believe with bitcoin.
That is one of the things that could prevent bitcoin to be accepted as payment. In addition, many scam it will affect my opinion. If bitcoin can be overcome, I believe bitcoin will be accepted as payment.
When you deql with bitcoin you just have to know that there are risks anyway.