Bitcoin has gained such a high value due to its high demand and its demand has increased high as people found it to be worth the investment as its supply is limited and it being totally out of the reach of the hands of government. Also people found it that it could not be hacked by anyone unless we reveal the private keys of the wallet in which it is stored.

People are already fed up with government's currencies which are subject to deflation and also as bitcoin earrings could not be taxed directly, most people found it as a safe haven unwilling to pay the huge percentage of taxes.

Also payments could be sent to anyone at low transaction fees and so when people found a bunch of useful factors in a single currency, they just didn't want to miss it.

Bitcoin gained such high value due to its high demand and its demand has increased high as people found it to be worth the investment as its supply is limited and it being totally out of the reach of the hands of government.Also people found it that could not be hacked by anyone unless we reveal the private keys of the wallet in which is it stored.

Alt coins follow the principle of "supply and demand". With limited supply and increase demand of a particular alt coin on the market, the value of that coin increases accordingly as the coin experiences a huge influx of investors.

Altcoins has a lot of uses, advantages and it really helps a lot in terms of financial.Inspite of those things the reason why altcoin become valuable,it is because many people use and patronized it as a digital currency.In other word the demand makes altcoin valuable with a limited amount of supply.

I can clearly see that there are other cryptocurrency that are beginning to dethrone bitcoin, showing off there quick and secured transactions, though bitcoin continues to be the king. What does bitcoin need to improve state your opinions.

Spread the good news about bitcoin is necessary especially for everyone so that they do not think bitcoin like fraud or gambling place so that news that will drop the bitcoin will never exist again or go away from bitcoin.

Bitcoin is well known for its safety. The biggest dangers are mainly hacker attacks on third party services, through which one accesses his bitcoins. These are above all the various crypto exchanges on which the users have created accounts or the bitcoins stored locally in wallets.

Basically, either the exchange itself is directly attacked, so that data can be stolen there. The biggest known incident was the hacker attack on Mt.Gox about 4 years ago, when a huge hack of Bitcoins was looted. This was also the reason for the decrease of Bitcoins 2014.

Today, the exchanges have improved to prevent such occurrences, because it can come to hacks and the trade is severely restricted or even stopped completely. This often leads to strong price fluctuations, mainly caused by so-called panic sells.

An equally large attack surface offer individual mistakes that can easily be prevented. Individual mistakes are the responsibility of individual users and are often:
- insufficiently secured user accounts due to weak passwords
- Login on a phishing site
- send the private keys to a scammer

If a stranger has once gained access to your own accounts, he can quickly transfer the entire balance to another wallet and due to the anonymity, it is no longer clearly comprehensible. For such a kind of total loss helps therefore only a careful handling with your personal user data.

But as long as you follow to the usual security rules and pay attention to secure passwords, which you should also change from time to time and do not use the same password on many other pages, an accident normally cannot happen.
The high demand and high competition between exchanges has also contributed to the improvement of safety standards.

How make you sure to safe your Bitcoins?

Well said bitcoin is actually safe but the issues of all these hacks we are hearing comes from third party services such as exchanges.Falling to secure there exchange well enough and there by leading to careless hacks.So far you follow the proper security measures on your wallet you will always be safe and avoid loosing your private keys they are very important.Hardware wallets are also good for securing your bitcoins.

Is there anything that can destroy bitcoin
Can we have anything that make bitcoin to become history in crypto space world?

Probably if someone is able to break the cryptography but I guess we are far to see it happening.If this day come I assume we will be able to fix the issue by implementing something and start from the latest block that has not got a problem.

Bitcoin investment is much more lucrative than the Bank investment. Bitcoin investment is a great opportunity for us to increase our wealth and assets as the fluctuations in price can increase BTC to more than 100%.

In my own thoughts,this two kind of investments have a good impact in gaining profits. However ,if we talked about how fast can gained it,I would prefer to choose Bitcoin because we can feel immediately the profits.While investing in bank it will takes a lot of time but it has more chances to gain profits compared in bitcoin votality.

Majority of our fellows in crypto land especially those who have deep understanding regarding the ecosystem of bitcoin says, ' hold your bitcoin when it drops and also buy if you want while you have enough money, sell your bitcoin if the market goes to moon.'

How good the hold system with you?
Can you say that it is appropriate at all time or it depends?

Holding is very important in this field but we have to make sure that the coin that we are holding on is worth valuable for trading,holding is asense of waiting and its virtue lies on being patience,waiting for something more,that is why i believe that holding is much important thing in bitcoin.

I read about this news that in south Korea bitcoin has legally become recognizable as asset. I do think bitcoin is a currency and not an asset. I don't know whether this is good news or not for cryptocurrency. One thing I believe with legalization from government I do think more investors will come to invest in bitcoin, but I think if bitcoin become an asset its not as it suppose to because I believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.

What do you think guys?

There ars saying that bitcoin is a currency that is digital which is able to buy goods or services but what people really do to bitcoin is using it as an asset to be able to earn big amount of profit,not as currency.Also for me I utilize bitcoin to earn profit not for buying goods or services.