According to my observation as a newbie, I agree to this comment, saying that simply buying some bitcoin can be considered as investing on it. I saw the price of bitcoin from early this year up to now, and was really surprised about how bitcoin increased it price. So based on that alone, I can say that buying bitcoin really is a good investment, I just don't know if this is enough or we can do some other things to earn bitcoin or double our bitcoin.

Worlds' economy is still set up on traditional basis and there is not much room (yet) for technologies like Bitcoin to take the control. So it's actually impossible to happen for Bitcoin to control the economy but that isn't in fact the purpose of it. All this wishfull thinking about Bitcoin taking over the economy or finances and becoming a leader is just pure fantasy.

Not everyone dies when it is planned. Definitely will be losing coins. But this does not affect the turnover of bitcoins. The decrease in the number of coins will only lead to imitation. There may be a few million years will be decided on the issuance of commemorative coins but we will not see. In our age of bitcoin enough.

Thats nice move to Japans market of retailers. It will be more convenient for the bitcoin holders in Japan to do buying using bitcoin in the retailers. But i think it would take so many years before other countries could do that because not all countries are open with the idea of using bitcoin in the retail shops maybe in the future.

If China just decided to close down all outside access to the internet by severing the connection through the cables (somehow), there are going to be a lot bigger issues for the people of China (essentially everyone from the dude who uses a PC once a year, or month, whatever, to the highest echelons of Chinese society. There would likely not be any sort of secondary blockchain involved because there would be too many issues within the borders of China, they would at best start a blockchain after a long period of stability post-cut. People would be more worried about actually feeding themselves.

I disagree with the idea of ​​bitcoin bank. I join bitcoin just want to have free asset without any third party interference. I want to control the bitcoin in full, if there is a bitcoin bank then I feel can not manage bitcoin freely.

Two places I know of are the most common, right on the exchange and sites like paxful. The drawback to the exchange is KYC regulations and those hoops. The other sites do not require much, but depending on the exit FIAT form, the rates can be highly tipped against you. Best to make the FIAT exchanges as rarely as possible.

i don't think that trading as fun and games because in trading we need to use our passion to make profit and if we are only buy and sell without doing analyze and use trading is fun, we can not make profit. maybe there are any people which is use trading as a fun and games and maybe they are richest people which don't need money because they have a lot of money. but for the others, i know that trading is helping them to make money and because of trading they can buy something and they make trading as their jobs.

Only idiots would invest in garbage with low marketcaps hoping that they pump, and this is what people that invest in random altcoins hope.

People that's smart and want a position in crypto will still have Bitcoin as the #1 time-tested store of value to hold. You can release as many altcoins as you want, none can claim 8 years of uptime and counting.
This is not as easy as "oh BTC will not go up anymore because it's too high already, let's buy shitcoin X"

In fact, BTC marketcap is still tiny compared to the rest of the world, so you are still early.

Op used 2013 chart of bitcoin price and predicted about bitcoin price in October 2017,  
yes, we could use previous charts to predict price movement due to some events may repeated, but the correction has been done last month after bitcoin reached the new ATH at $5000. Current market situation is; full of speculation about bitcoin price recover to ATH and Bitcoin GOLD (BTG) hardfork by the end of this month, if the devs team of BTG decide to distribute it for free, people are likely to buy more bitcoin in order to get more air drop, but if they decide to sell it through an ICO, then nothing to say.

Indeed. It's never too late to buy Bitcoin. The price will still go up like a rocket until it reach $10,000 or more. Just buy and wait, poor people only saving and never invest. Rich people always invest and make their money multiple.

We are all working hard to earn money , most of us have the life goal is having as much money as we can. Money is target of everyone , many guys even exchange their morality for money without hesitant . So of course we all want to be rich but how and which way , good or bad? That's the big problem we need to figure out . In my way, i'm trying my best to not violence the law at all. Money isn't everything , just remeber that.

Here I seen most of the people with the same thinking that they starts to buy bitcoin when the price starts up  which is not a good option to buy .
Here in my opinion OP should buy bitcoin when the price was very low , but here I am thinking that op can't found option to buy btc at low rate now atleast for one month , Because hard fork is coming and people will hold their btc and also people will not sell bitcoin Because they we willing to get new coin like first time they got bitcoin cash .
So here chances of increase in the price remain maintain .
Here negative rumours will not more work like ban of ICOs in china and koria Because now everyone understands well that without exchange they can do work and why they should change Thier rule for another country where the government didn't want to have ICOs .
Which is also a better option for us that investment will go in the bitcoin like big currency .

I think it's because many gamblers do not have access or gambling facilities, especially gamblers who come from countries that ban gambling. The existence of gambling in bitcoin gives access and facilities for them to gamble and gamble in bitcoin still be able to cover their profile, their identity can be kept safe in bitcoin gambling. So maybe gambling in bitcoin is more effective for them.

Yes , the bitcoin market value is going high again . You should've bought bitcoins when the price was going down but for now you can invest bitcoin money in any desirable field you want to . You can also keep bitcoins in the wallet and wait for the values to go even higher ( because it surely will ) .
Whenever bitcoin value goes down there is no need to panic or be sad about it because the market is going to fluctuate. If today it goes down , tomorrow it will also go high . The decentralized cryprocurrency is never going to disappoint anyone.

I don't think China truly meant to bring Bitcoin down. News came out recently that China is about to come out with cruptocurrency regulations. They also clarified that they don't aim to ban cryptocurrencies, but they want to find ways to stop people from using them for money laundering.

That being said, I agree! The initial news did bring us into $3000 range, but Bitcoin weathered that storm pretty well. We're back on track for $5000.

I keep reading about how some early adopters made 10K+ BTC and I would like to understand how exactly. I have been doing research on this forum and elsewhere about how much they made and how exactly they did it, but so far it has all been inconclusive. By very early adopters I mean those who got into Bitcoin between Feb 1st 2009 and July 1st 2009.

With that said, what would it have taken to mine some 10,000 to 100,000 BTC in that particular time period, in terms of time and processing power spent?

And if instead of mining them myself I decided to buy them from another person (I know there were no exchanges yet, but let's say I started looking for someone to perform a p2p transaction of 10k-100k), how much would I have spent? Or, to put things in another way, how many BTC could $20 have bought in early to mid 2009?

Lastly, how much time and effort did it take users like SmokeTooMuch and laszlo to break through their first 10,000 BTC? How were things back then?

In the first half of 2009, was it really that simple making more than 10,000 BTC? What kind of computer and how much time did that take?

I would like some data, numbers and facts, please.

Thank you.

ETH is at second number after bitcoins in international market. So like you said, one must observe the comparison of both coins. If you find both at same level currently, then shift to bitcoin they will yield more. But yes majority times, ETH is high and BTC is low so sell ETH and join this amazing coin.

Trading gives me very nice feelings when I win and it gives me good lessons when i fail. I love it. It makes me focused and gives nice emotions ) Maybe like casino? But better. I am risky 

No doubt that China is the one that makes a big contribution to the digital currency network. Maybe this will change when more countries involve into legalized use of bitcoin. At present once again the situation is getting stabilized causing a better price move and expect the price to reach $4500 soon as we are now around $4200