This is good news.. i just hope that the alligators and crocodiles in our country won't take too much advantage of it.
Corruption is widespread in the Philippines. I just hope it doesn't kill BTC .

Price of bitcoin as of today is quite low compared to previous months.
I think you better hold on to it for now until it goes up again on the next few months.
Thru my little experience. I have seen it go up the ceiling on the fourth quarter of the year.
I would invest more if i were you.  

there are lots of ways of converting your btc to fiat money. you can convert it to your country's currency and deposit it to your bank account, another example is to send it to yourself thru money remittance centers, you can also sell your coins to other persons.

I think it will kill BTC.   
not everyone knows about BTC while everyone is at facebook and google. 
if they will create their own cryptocurrency. Everyone will be into it. Other investments that are meant to be invested in BTC will be invested in their crypto instead because of the fact that everyone knows it. it is more accessible and widespread unlike BTC today. 

Yes, it is possible, as.an example, government can impose tax on btc when you convert it into cash and have it deposited to your bank account. Also, other countries are already taxing it. It just depends on what they think of your coins.

If it will be taxed, the attention to it will grow because of the fact that it got noticed,by tHe government, which means that it is legit. I have seen accounting procedures for crypto currency at the internet, i think there are countries who are already imposing tax on it.

Hi. Good day,
It's my first time to apply, hope i get picked, i'll do my best,
Thanks

User: irienoodles
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Posts Start: 33
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I think of it as an asset because of its unstable price. Its like gold stored in the reserve, its price goes up and down.

i agree, there are a lot of other ways to earn btc, you can join signature campaigns and hold your salary, trade it and invest on other coins.  That way, you can earn.

I got surprised by the sudden rise of its price.
It almost sky rocketed.

It surely does.
According to some survey, 71% of the internet users around the world use social media. With this, there are a lot of bitcoin users who advertise in social media, hence, it affects its growth.

There are a lot of types of bitcoin wallet.
If you are using an online one, there is a possibility for it to be hacked. As long as it is connected to the internet, there is always a possibility. But dont worry, no one would create an online wallet without having it secured.

I think you should wait for a dip,
Its price is very high this time of year.
There will be times where it will go down

Your so lucky to have that friend, can we be friends? Haha,
Just kiddin
Research, read, you can do a lot of things with it, invest it or trade, earn more and buy things that you want

They ban it because it is anonymous.
Other reasons are because they cant earn tax from it.
There are also a lot of people who dont think enough with their investments, they do think that bitcoin doesnt have safeguards that banks provide - which i think is true

We can make sure of its survival by using it.
You can buy cellphone load, use it to make payments and buying things on the internet.
That way, it will function as to what its purpose is, a currecy

Bitcoin is a digital currency.
You can spend it to buy goods or services and also use it as an investment.
Investing it and waiting or doing something for a higher return.
Investing is like gambling. There is a possibility that you will earn or lose your money.
Hence, Bitcoin is not gambling. it is something that can be used to gamble.

There are a lot of ways to interpret this question

Dangerous in what way?
a. that your money can get lost thru loss in investing?
b. that your money can get lost thru hacking?
c. or that you might get scammed?

there are different types of risks in different types of investments
1. as for example in investing on bitcoin - you can lose your money if you will not be good in decision making on whether you are going to hold on to your coins for larger value or sell it to cut your losses if the price of it goes down.
2. your coins are in danger if you will not be responsible in keeping your private keys on your own. there are a lot of hackers in this cyber world.
3. you are also in danger from scammers who will try to fool you to get your coins from you.

The use and safety of this crypto currency lies on the hands of its users

 

Taxation on Bitcoin varies from where you are when you cash out your coins.
Every country has their own taxation law.
As for example, in my country, there is no tax laws for digital currency yet while other countries already have.

I do agree with you. Bitcoin is just here to help us make other ways of transacting money or goods. as an example of it is transferring funds without charges, buying cellphone load, and others. Banks are still important as they regulate fiat money here in our world.
Also, bitcoin is not accessible to everyone yet. there are still constraints that hinder the use of it like technology. There are still places my country that don't have internet yet.