According to me it will be a bad decision to convert all bitcoins into money. The value of bitcoins is highly volatile and uncertain so there is no surity when bitcoin price will rise and you will be in loss after reserving money in your bank accounts . The second reason it is a bad idea is because all countries does not consider bitcoin as a legal accomodity so they might question the transaction of such huge amount of money into your bank account and may not legalize it . So converting all your money into bitcoins is not a good idea.

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Personally, i prefer to save bitcoins instead of using them. I am saving bitcoins for future aspirations and for travelling to my dream destinations.I only use some amount of bitcoins which i use for little expenses. But mainly i am saving bitcoins for my future degree. Bitcoin is the "only" investment i have so i use it very wisely and don't want to waste it .  I see a future in bitcoins which will help me to get to a platform to attain my future goals. It is an asset for me that is why i prefer saving it instead of using it .

There is always a risk in buying bitcoin . There is no guarantee  that the price of bitcoin will rise or fall. There is no guarantee that when your country's government will declare bitcoin as illegal. Investing in bitcoin and assuming that one will get profit from it by keeping it for a long time is like taking a leap of faith. It is better to hold bitcoins for less time and then invest it . Bitcoins should get split in to different and safe offline wallets as there is lesser risk of loss in such condition.

Yes , bitcoin is being used by many criminals. Bitcoin is a very good platform to perform some criminal activities by opportunists. The identification of bitcoin user is hidden so many potential crimilnals use the bitcoins in order to get ransoms after hacking or doing some other criminal activity.
Criminal activities associated with bitcoins has led to the negative publicity to a great extent i.e one of the main reason why governments are not ready to accept bitcoins as a mode of currency.
Till the time bitcoins will stay criminal activity is going to stay with it as the anonymous feature of bitcoin is inveitable to all this.

Both stock market and bitcoins are different from each other but they also have some similar points . The only similar thing between them is that there is a level of risk in both of them. Stock market is supported by government so it is slightly more safer than government whereas bitcoin is not trusted that much.
But the the probability of getting profit through bitcoins is comapritively high and fast as compared to stock market.
Both bitcoins and stock market are based on predictions and risks which takes luck and expertise in order to get some good profit.

Bitcoin is not gambling. People who thinks bitcoin is just gambling are the people who loses a lot of money due to bitcoin gambling. People think that trading is also gambling but the trading is not gambling , it is a calculated and analyzed risk  and decision taken by the traders.When people do not get what they want from bitcoins they start calling it gambling.  People have different assumptions on the basis of their individual experience.

I think it is the right time to invest on bitcoins. As we all know bitcoins just touched the $5000 mark so that is why many investors are interested to invest on it . The bitcoin value has drastically changed in some days .The prices will go up and down but investing on bitcoins is mostly going to give profits as the bitcoin value is expected to rise even more by the end of the year. Despite its high volatility , the investors have not stopped themselves in investing on bitcoins.

Nowadays evrything is getting hacked. The government can manipulate the bitcoin market easily thus stopping the transactions. Bitcoin passwords and addresses should also be kept at some safe place where there is no access of other people. But there are always some ways to acces your account through VPN settings and proxy sites if government bans bitcoins in your country. But bitcoins are still not that secure , we must keep investing them and not keep them for a long time to be on a safe side.

There are many things that is going to determine the final price of bitcoin.  If more and more people will use bitcoins the value of bitcoins will increase and so does the demand. The acceptance of bitcoins will also determine the future final price of bitcoin. But to get an idea of what the price will be is very difficult to analyze as the value of bitcoins keeps on fluctuating.

It totally depends upon the country you are living in . Bitcoins does not have the concept of taxes but if you are using your bitcoins to covert them into fiat then there is a need to pay taxes depending upon the rules of a country's government.The rules and regulations of all countries are different so it is directly proportional to them. There is no need to pay taxes if you hold bitcoins in your wallets but the rest is dependent on your government.

The government and the Central Banks are the worst enemies of bitcoins . Even though , many countries has legalised bitcoins but still no country wants to accept it as a primary form of currency because no country wants the loss of their currency and funds.
Bitcoins gives threat to Central Banks because bitcoins are purely decentralized and backs has no control over them .The popularity and legality of bitcoins will lead to a huge loss for the Central Banks and they will never let that happen. Bitcoin is a threat to the cliche form of finances.

Bitcoin is both asset and currency . I use bitcoins to pay my bills , go for movies and for buying food etc. so for me bitcoin is a currency. More and more places are accepting bitcoins as a mode of payment. Bitcoin is also an asset because many people like me earn bitcoins , save them and use them for future benefits. The bitcoins value is likely to increase at any time so many people keep it as an asset . It is ultimately the decision of the users that how they use it , whether thy spend it like a currency or keep it as an asset.

I prefer offline wallets. Offline wallets are the best option if you want to hold a large amount of bitcoins. The wallet is safe and you have full responsibility for it . There is no chance of facing a cyber attack and loosing all your assets.  Whereas , there is always a risk of getting hacked if you are using a online wallet. A single hack on the site of online wallet can lead to a huge loss for you. But online wallets can be used anywhere which is a very good feature fo traders so we can keep a less amount of bitcoins in the offline wallet.

I think that the billionaires do invest in bitcoins . Bitcoins has such huge market value and popularity , there is no way that they have not invested in bitcoins. If they don't invest bitcoins publicly , they invest in it privately . They prefer to remain silent.The billionaires has a lot of money , they can easily invest and profit out of it .
I am very much sure most of the billionaires must be aware of existences of such a new currency system and its potential too.

Bitcoin may or may not be able to end poverty . Ending poverty is a very huge thing to do and all the people in this world do not have access to internet and the poor people don't have  any idea about whai is bitcoin. Bitcoin has become an investment asset.
The people who are using bitcoins are majorly the people who need to start their startups or are those who already wants to earn some money for themselves. So there is a very little chance that they will help to end poverty. They can only help by spreading awareness amongst more and more people about bitcoins who are in need of some financial stability.

No , I don't think that trading is educated guessing. Trading has some role of luck aswell. Traders have to study properly about the cryptocurrency before trading. Trading is a calculated risks which should only be taken by people who did their research properly . There is no surety of getting profit out of it . The results are not 100% guaranteed. A true trader always makes a calculative decision after knowing the price of bitcoin and its effect on the trading.

Bitcoins have both advantages and disadvantages .The feature of being anonymous which is attracted by many bitcoin users is the feature that is also attracted by many criminals. Recently , ransoms in millions were taken from the movie producers of The pirates of carribbiean and Game of thrones. All these activities has led to the increase in criminal activities associated with bitcoins. Bitcoins is also being used by many spammers who flood the internet with spams and make a fool of investors. Many people have lost their money to spammers and there is no way to indentify them as their identity is hidden as per bitcoin property. So these reasons have fueled the criminal activities associated with bitcoins.

I don't think it will be possible . Making bitcoin world's currency is a very risky step and no government will agree to take this step . Bitcoin is highly volatile , its value decreases and increases which can really effect a country's economy . Moreover bitcoins are not centralized so there will be no limitations on its uses . Bitcoins also does not supports any taxation which is the main reason that will not allow it to become a world's currency . The anonymous identification property of bitcoins will lead to growth in many crimes . So it is not possible.

There are many advantages of bitcoins but with some advantages bitcoins also has many disadvantages .
One of the main disadvantage of bitcoin is that its mining takes a lot of time . Bitcoins have a limited stock of 21 million , the limit makes it a bit rigid . The influence of ban of bitcoins in some part of the world leads to a negative impact which decreases its value leading to loss for the investors . While investing the investors has no Buyer Protection . If the computer system catches and the data is lost there is a risk of losing details of the wallets . So all these are some disadvantages of bitcoiins.