Guys we are very much aware how the crypto community through this great forum has helped most of us in terms of our finances but is so heartbreaking that the most of the public views only describes how insecure and unsafe the crypto community is. I do understand that cryptocurrencies are volatile and the issue of anonymity sometimes scares people away but y'all bear with me that if  crypto is explained to you and you really understand it properly you would not make wrong mistakes and get swayed away by panic sales or submit your private key as ethereum wallet address. Is it a public campaign or some other form of tutorial that we should organize to help explain crypto to the world because believe it or not the blockchain technology of cryptocurrencies is being admired by most organizations and some of them have decided to run their operations with the use of blockchain technology. What can we do as a community to help change the public view of Crypto?

why does everyone start to panicking when they see the price of Bitcoin dropping so much, in my opinion it is natural that the price of Bitcoin falls because Bitcoin has experienced the same thing as now, so I suggest not to be afraid and panic.

we will see from this graphic :
1. On April 29, 2013 the price of Bitcoin was only $ 135.30


2. and on November 30, 2013 the price of Bitcoin increase high at the price of $ 1,149.14


3. then on January 2, 2014 the price of Bitcoin decreased at a price of $ 773.40 and on December 31, 2016 the price of Bitcoin began to increase again


4. and the price of Bitcoin began to rise high at the price of $ 19,783.30 on the 17th of December 2017


and as we know, now the price of Bitcoin at $ 6,948.46 and this is indeed down very far compared to prices on December 17, 2017, but it has already happened in 2014 where the price of Bitcoin dropped very far and it continues until 2016 and in 2017 finally Bitcoin prices start to increase again (it takes around 3 years to make Bitcoin prices rise). so from that, I'm sure the price of Bitcoin will increase again even though the time needed is not short.

Most of the common people think that bitcoin is used only by hackers and criminals,even one of my friend said that it is used by hackers when I am telling about crypto currency to him.Later I explained what is bitcoin and other crypto currencies but still he confused,he can only get what is bitcoin when he research about himself.

In this situation how can we explain that what is real bitcoin?

This forum was created for people to learn more about bitcoin and not to hate it or spread false information about it. Guys, is it enough that these days we sit here and here all sorts of FUD being spread about bitcoin saying all sorts of things which are not true???
Let's not forget that it is as a result of these these FUDs that brings all sorts of panic sells which brings the value of bitcoin down and what bores me is that at the end the come back here and say, "Finally bitcoin is dead" forgetting the very fact that they were the very ones that caused it. But they can't because bitcoin is still strong.

My bitcoin is safe as always in my online wallet, i also think that it maybe stolen or hacked sometimes that is why i don't put it in just one account, i cashout some of my bitcoin and the other i put in my alternative bitcoin wallet also and i install antivirus and spyware to my pc for the best extra precautions.

Don't you think price blast not correlate with its real life usage since its inception?

Its hoarded for speculative purpose but how many major cities in the world have even its ATM?

I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?

Who will accept it in store when confirmation time is so long.

Here's how I have been able to change people's opinion from being haters of Bitcoin to thinking about buying some and even some actually buying some.

I follow these 3 steps/rules that I made:

1. Don't get aggressive:

A lot of bitcoin denier get VERY aggressive about how bitcoin is a scam, don't get aggressive. If they are too aggressive and mad, just change the subject for the moment. No need to waste time.

2. Make them doubt their convictions.


Make them doubt that bitcoin is a scam or doomed to fail. A couple of examples that I use are:

      - This is comparable to when people wouldn't want to use their credit cards online because they were scared of fraud.
   
      - Bitcoin is far from reaching it's full potential, mass adoption takes a lot of time. This is comparable to when Amazon just sold books or Google was nothing compared to Yahoo.. remember Yahoo? (laughs)

      - Crypto currencies are the next steps in the evolution of payment : Barter -> Precious Metals -> Paper Money -> Plastic Cards -> Digital Money

3. Mention the Coinbase $10 when you buy $100 in Bitcoin and then let it simmer...

Let them think about it, they will so their research or ask around. Most will come back to you to get your code for the referral bonus.

Do you have other arguments that you use? I'd love to know.



BTC: 3LcmdDp52oShwv9UTy55vX69JxEibEoKrw
ETH: 0xe822Dc108cb78C9137BF2D92429449B97F1415E0

We are into gadgets, most of the people are addict on it.
We spent more of our vacant time facing our Cellphones and Ipads.

Playing games and downloading some apps on the store require payments, Is this the best time for those stores to open their payment method with cryptocurrency specially Bitcoin?

Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?

There are no complex things to know before investing in bitcoin.First you should kmow that we have to buy bitcioin when the price of bitcoin decreases and should sell them at a good profit.These things are enough before investing in bitcoin.

Very interesting, I don't know if the hodlers could change the world but it could reduce the panic selling tho which is good for the market I think. For me personally the world will change if there is no more war, and a terrible politicalism in each country.

I seen lots of people are panic and selling and spreading FUD . But based on my experience people who really dare to take risk only won here .
Wise and daring investors are still searching for good potential coins to invest while its really cheap were greedy people are panic and spreading FUD
Finally people who dare to invest bitcoin even when the price of 100$ they created fortune here . Its completely daring and vision not at aall luck . SO if you are having real vision and want to make milestone in life then be here in crypto and support other wise please quit .

Bitcoin ban: How cryptocurrency exchanges are circumventing RBI's circular
https://m.businesstoday.in/lite/story/bitcoin-ban-how-cryptocurrency-exchanges-are-circumventing-rbi-circular/1/280005.html

Bitcoin is the world’s 6th largest currency. These figures are noteworthy, but if the value of a single Bitcoin goes up to $15,000, India’s currency Rupee will pass. Ethereum ranked 17th and Bitcoin Cash ranked 20th. Ripple is located just below 20.
How many years Bitcoin will need to become No.1 ?

I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies.  When the altcoin market is examined, it is inextricably linked to the price of Bitcoin.  Where Bitcoin goes, so does the rest of the cryptocurrencies.  There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.

What do you think?  I'd love to hear from some crytpo veterans.

Silly question right?
Unless there is a backup method or heritage system it obviously vanishes for eternity, but the point was to discover methods that you are aware for avoiding such risks.

Well, it's not a risk, it's a certainty, but there are other risks of losing access to the crypto account aswell.
Some like:
* death... obviously
* house burns down along with hard wallet
* one can accidently loose his cold storage or hard wallet
* maybe other you figure out and I add them

So, what storage do you use to ensure your savings, or what do you think would be the best solution to overcome these risks?


UPDATE: I started this discusion because I can't see a decentralized solution for that, most of the centralized ones are largely known (wills at layers, online wallets and so on) but do not meet the security criteria as still imply a trusted party. Better simply handover the private key directly to the inheritant IMO.

What I want to determine is if it IS realy a concern for the comunity or not, and if yes than we can contribute all together to the creation of a such product. But again I realy do think it should be built decentralized and trustless.

A lot of posts are about bitcoin (eg bitcoin for illegal transactions ... bitcoins change lives ... bitcoin destroys the world ... bitcoin poison and so on) but basically it's all humans that move .. bitcoin is the tool. Good bad how the tool is how the man who runs. is it worth blaming bitcoin. What is your opinion?

I think the best way to shut up bitcoin haters is to prove that you are earning on bitcoin. When I was starting at bitcoin, there are a lot of negative comments from my friends and they were always telling me to be cautious. Only a few of them supported me and those people are investing on bitcoin as well. They are earning enough money for their needs and they never regret investing on bitcoin even if the price goes up and down.

The news seems to be fake news we have to wait for official announcement because without government interaction it is not possible to accept bitcoin.
That's why people should wait for official announcement from the owner of Amazon.

As with anything valuable, hackers, thieves, and scammers will all be after your bitcoins, so securing your bitcoins is necessary.

If you’re serious about investing in bitcoin and see yourself buying a significant amount, we recommend using Bitcoin wallets that were built with security in mind.

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Bitcoins should only be kept in wallets that you control.

If you leave $5,000 worth of gold coins with a friend, your friend could easily run off with your coins and you might not see them again.

Because Bitcoin is on the internet, they are even easier to steal and much harder to return and trace. Bitcoin itself is secure, but bitcoins are only as secure as the wallet storing them.

Investing in bitcoin is no joke, and securing your investment should be your top priority.