There is nothing wrong with using more than one wallet, it is actually recommended. Why do you want a single point of failure, if you can distribute the risk to more than one wallet strategy? I use a wide veriety of wallets <Desktop / Hardware / Paper wallets / Web wallets> for different reasons and I never discard any of them.

You can even use old wallets as a early warning system <Wet Trap> to notify you, if someone is watching you or monitoring your online activities. ^smile^

How are you going to ban it? A developer will make some small changes to a existing Alt coin {Open Source} and then tweak it a little bit and release it on a public forum or a website. Who will enforce this ban and who will get priority, when spots are available? <First come first serve>?

Crypto currencies are Open Source and a breeding ground for innovation. Why would we want to stop innovation? Nope, I think this will open a can of worms for corruption in the centralized authority, who would be assigned to manage this. 

As long as there are money to be made, then the Chinese people will be involved. They also have a scam/cheat culture, where it is acceptable if it is done to tourists and if you can get away with it. You only have to visit some of their major cities to experience it for yourself. <The Great Wall Scam or The Tea House scam> It is all about getting money to flow towards China and building their economy and if you can get that from foreigners, then it is a WIN/WIN for them. ^grrrrrrr^

What you are not adding in your "story" is the following. When the Lightning Network is implemented, most of the micro transactions clogging the network at the moment, goes off-chain and this leads to a reduction in the miners fees. <You cannot convenietntly use $30 miners fees, which is currently happening with a congested network, to make your point stronger>

Even with the LN the Mempool will become congested again in the future. <because adoption increase> and then the Block sizes can be increased to manage that. <As Satoshi suggested>

Everyone seem to think, the Block size with the LN, should be fixed, but it is not the case.  

Well, the way I understand it, it can only be opened and closed by the person that innitiated the Channel. They do not have any more control over it than that, and other people using these channels has even less access to do something with it.

I wonder how much control the developers have, when something goes wrong. At the moment miners can fast track specific transactions, because they are on-chain, but these transactions are off-chain.

Lot's of research still has to be done on my side, to fully grasp this.

The USA and some other countries are moving towards a Police State - a totalitarian state controlled by a political police force that secretly supervises the citizens' activities. They see Bitcoin as a threat to their control or supervision over their citizens.

Some of these states will also introduce, GovCoins in the future <developed with the help of Banks> to properly monitor and control all transactions done by citizens. <This is why they want to promote a cashless society>

Bitcoin and other Alt coins will be your only alternative, when this happens. <legally or illegally>

As you said it, <Bold text> You came to this forum to shill for Ethereum and to bad mouth Bitcoin. Ehtereum has a world of problems at the moment, with node not syncing and also scaling problems that they cannot seem to solve.

I would much rather invest in Bitcoin with a clean roadmap for the future in the form of the Lightning Network, which is growing by the day now. Good luck with your bad investment choice, hope they are paying you well to "manipulate" people here. ^grrrrrrr^ 

Source or gtfo of here. First of all, we do not call this e-money, because it is a Crypto currency. Now Bitcoin being a currency <like fiat & credit cards> and having value, would make it a target for hackers. The Bitcoin software or protocol has never been hacked, but the services around it, where they make use of their own software, has been hacked before. <Exchanges / Wallet providers etc.>

Bitcoin <The technology> cannot write the software for all these companies, so they are not responsible for the security of these services.

What is Ethereal?  ..... You should really do more research. <Ethereum> 

Then explain to me why M-Pesa is so successfull in Africa at the moment.   There are also several projects targetted to give free internet to people in rural areas. <Project Loon>

Remember, at this stage Bitcoin is seen as a alternative payment option, not a reserve currency. A lot of these first world countries might consider it as a reserve currency, once the scaling has been sorted out.

Did you test it with different browsers? I used IE at work and I could not see the fields to register a user on the site, it only displayed the cursor for you to type something. The box was also fixed at the bottom right corner and not in the centre. I tried to move it, but was unable to. 

I would suggest that people use throw away email accounts for stuff like this, because it might collect data on what coins people hoard.

I liked the Homepage, because it loaded much faster than Coinmarketcap.com 

That is how it was supposed to work, is it not? The more channels that are opened, the easier and
cheaper it will be to find the shortest route for your transaction. As long as the channel is funded, it
will stay open for others to use.

I still have a very basic knowledge on the subject, like I think most people do, but I have a general grasp of the use case.

This is truely a mind blowing technology. ^smile^

The Block size limit was never meant to be fixed. Satoshi knew that transactions would increase over time, but he had to implement a starting point. He did talk with other people like Gavin / Hall / Nick and others, but a increase in the Block size would have been overkill at the time.

Bigger Block sizes could also lead to more spam and it might have been percieved as a possible attack vector. <It was still very experimental back then>

Most people seem to think that you should diversify <not putting your eggs in one basket> but you can lose more by doing this. Let's say you invest in 10 different Alt coins and 6 of them collapse <odds are high that it might happen> then you would be losing more or break even with the remaining 4 Alt coins.

It all depends on the luck you might have to chose the "performing" Alts in that basket. Like someone else said, it is a gamble. ^hmmmm^

The problem with the trading platforms, even with Bitcoin is that it is third party services that are built on top of Bitcoin. Bitcoin is a currency and the protocol behind this code is rock solid, but the code behind these third party services are fulnerable. <Like we saw with Bitcoin exchanges that were hacked before>

Solution : DO NOT store large quantities of bitcoins in these services. Use offline paper wallets or hardware wallets and only transfer coins to these services, when you want to trade.

The US shutdown news has nothing to do with Bitcoin, but it might have a ripple event, when people lose confidence in the government and they go looking for safehavens to park their wealth.

There are some Doomsday Preppers that believe that there will be a economic meltdown in the USA and some of them might buy bitcoins to protect their wealth, when things like this happens.

I created some secure paper wallets and I split my long-term coins into these wallets. I never store my coins on exchanges, because I have learned from previous experience that these exchanges is the weak link in the chain. <A lot of exchanges has been hacked before>

When you want to trade with these coins, you quickly sweep some coins on-chain and you transfer them to the exchange. This will eliminate the risk of losing large amounts of coins in exchanges that gets hacked.

I have to admit, I do keep small amounts on exchanges, just to play around and to capitalize quickly, when there are a small spike. ^smile^

I would combine two strategies :

1. Hardware wallet : You buy a hardware wallet and you store say 30% of you coins in that wallet. This will give you easy access to some of your coins.

2. Paper wallet : You store the remaining 70% of your coins in paper wallets. <Off-line storage> It is important that these paper wallets are created in the most secure method possible, before you store any coins on them. Search for guides on how to create secure paper wallets on this forum, because it has been discussed multiple times on this forum before.

Try to split the 70% into smaller amounts on different paper wallets and make a backup of these paper wallets. <store that in a different location>

For one thing, book keeping should be much easier with the Blockchain. You have all transactions being done, stored on a immutable decentralized database, which can be audited "off-site" because it is totally transparent. Applications targeting "Block chain" auditing, where information is extracted from the Blockchain and prepared for these auditors, will simplify this process.

Governments can also be transformed into more transparent entities, where financial records and tenders are made public for scrutiny. ^smile^

When a "newbie" account is used to announce a big story like this, then you know it is FUD. There are a lot of people spreading fake news like this lately, because they want to scare the newbies. Most of these newbies already jumped the ship at $9000+, so OP is a bit late with this one.

China will eventually ban Bitcoin, so we are prepared for that. What did you expect of a government like that? Do you think they are going to sit back and allow a technology to grant financial freedom to their people? They want 100% control!

Do not listen to those friends. If I have listened to my friends, I would have sold all my bitcoins by now, because they want me to sell my bitcoins, every time when the price hits record high prices. Group pressure can make things very awkward for you, when everyone is telling you to sell.

The weird thing is, in most instances, none of these people are invested in Bitcoin themselves and they are the ones with the biggest mouths. ^lol^