RE: What is Bitcoin? - "A Simple Guide for Non-Technical People."
The best thing you said is that the believe of people gives bitcoin any value, or any other cryptocurrency. With time, more and more people are learning about botcoin and as it has been there for a while, people are now believing on it. Some are believing on it more than fiat, because of economic breakdown of their country, their currency has devalued but botcoin investment has given 3 times returns in last 6 months. Some are believing that tbe value of bitcoin will go in 100s of thousand. Seeing current scenario, even I am starting to believe that but only after a few years and if everything goes right. So I think Bitcoin Will keep rising because more and more people are starting to believe in it and the previous ones believe is growing stronger day by day.
I think we will see bitcoin valued at 5000$ at the end of the year, but that's my believe.
I think you are right and 5k is possible for sure!
I hope it keeps growing like that, people keep believing like that and our future keeps shining like bitcoin.
Me too and I think it will. I think the current issues with block size/scaling are minor hiccups and will be overcome.
The potential with bitcoin and cryptocurrencies in general is huge. It is a whole new economy which I think will dwarf anything before it.
I don't think it will take long before we are looking at a trillion dollar industry (and beyond).
I may be biased but I think STEEM will be amongst the top 5!
Me too,
Steem have a wonderful project and i believe that this coin will go to top 5 in coinmarketcap, soon .
I hope so!
Just because of Your optimism towards steemit, bitcoin and Life, I am a true follower of your, I read all your articles.
And I hope that You will be wrong and Steem will be on Top, and You can call me biased.
:)
intent achieved!
am retweeting for my friend who's a newbie!
Thank you!
That's quite helpful for new people, "Sharing is Caring".
The best thing you could do in life is to pass on the knowledge you have learned. Pass more knowledge to people so that more people will believe in bitcoin and we all will grow more.
Thanks!