That is a definitely false statement. I know a few guys who had invested in Bitcoin when the prices were quite high ($1,200 in 2013 December). These guys sold their coins at $200 to $250 per coin, in 2015 and 2016. You can't blame them, as they waited for almost 3 years to get good returns from BTC.

If I remember correctly, the Caribbean nation of St Kitts had a similar option a few years back. Roger Ver got his St Kitts passport after paying for the citizenship using Bitcoins. But after a few months, they removed the option of Bitcoin payment. I haven't heard about the Vanuatu citizenship program, but it looks reasonably priced when compared to the other options.

Right now, I am using a Blockchain.info online wallet. I am thinking about purchasing a Ledger Blue hardware wallet for quite some time now, but every time I have to delay the decision for some reason. And apart from the Blockchain.info wallet, I also use a number of exchange wallets, although I never use them to store any of my coins.

Most of the times, I use Localbitcoins to deposit cash either in my bank account or mobile wallet. But I also have a Bitcoin-funded debit card, which can be used to withdraw cash from the ATMs. I prefer the Localbitcoins option, as the markup needed is lower.

Please read this post again and you will find out how ridiculous it sounds. Dude, how is it possible to build a central bank for a currency which is thoroughly decentralized? If you establish such a bank, then Bitcoin will no longer be called as a decentralized currency. There are advantages and disadvantages in doing this. But IMO, the disadvantages are more.

From what I have heard, China has not banned Bitcoins. They have just banned the exchanges from conducting BTC vs CNY trade. It is quite close to a ban, but at the same time, it is not a ban per se. And I don't know about the second part of your post. IMO, only a small part of the current investors are patient enough to wait for long-term.

There is no difference in price for new comers and old players. If you want to purchase BTC, then you have to pay the current exchange rates. It is not like you will get a discount if you are a senior member or a hero member. But even then, I would advise everyone to invest at least 1% of their net wealth in Bitcoin. There is a chance that it's market cap will rise by manifold in the future.

For mid sized altcoins, it doesn't take much to start a pump. If you have funds worth somewhere around $5,000 or $10,000, then you can try a pump and dump simultaneously on 3-4 exchanges. There is no guarantee that it is going to be a success, but if you are confident then you can take the risk. But you should do it only if you can afford to lose your investment.

Your logic is absurd. It is true that Bitcoin mining needs a lot of initial investment. You need to set up mining rigs, electricity connection, cooling systems and such. And even after all this, there is no guarantee that your venture will be profitable. But trading is also a very risky thing to do. You need a large initial investment for trading as well.

I have invested in both Bitcoins and altcoins, although by net worth more than 80% of my portfolio is solely made up of Bitcoin. I don't have anything against the altcoins. Some of them (especially Bitcoin Cash, Byteball, Monero.etc) looks quite promising. But I don't want to take too much risk, by investing a large part of my money on altcoins.

A number of developing nations have already legalized Bitcoin. But from what I have heard from some of my Indian friends, the government has remained opposed to the legalization of crypto-currency. They are afraid that the Bitcoins will be used for illegal activities such as the sale of narcotics, tax evasion, hiding of wealth and ransom payments.

If you are thinking that Bitcoin is 100% anonymous, then you are wrong. Law enforcement authorities are now capable of tracing Bitcoin transactions back to the individuals. A few months back, a number of drug dealers were arrested in Denmark, after the authorities traced the Bitcoin transactions back to them.

Anyway, I am glad that I am getting even more free coins. I am in no hurry to claim them. I am yet to reclaim the Bitcoin Cash coins which I got in August. But now I guess I will reclaim both BCH and Bitcoin gold together. I have placed an order for a Ledger Blue hardware wallet. I will be keeping all of my BCH and Bitcoin gold in that wallet, along with a part of my Bitcoins.

I guess the first time was in 2011, when Wikileaks started accepting Bitcoins. I don't remember the exact amount, but donations came from thousands of users. And probably it was the first coverage Bitcoin got in mainstream media. But after that, there was not much coverage in the MSM.

See.... I don't favor the idea for two different reasons. First of all, we should not spent our Bitcoins. Because the Bitcoin exchange rates are going up every year. And secondly, buying drugs with Bitcoin is risky. Because Bitcoins can be traced back to the user, unlike anonymous crypto-currencies such as Monero, Zcash, Blackbytes and Deeponion.

If you really want to collect a good number of coins, then you need to think beyond the signature campaigns and bounty rewards. Because even the best signature campaign here in this forum pays less than BTC0.10 per month (and of you are a lower ranked member, your earnings will be far less).

I think it was in 2012 that I first saw a thread here about Amazon accepting Bitcoins. Almost 5 years have passed and no progress have been achieved on this front. My advice would be to forget about Amazon and carry on with our work. If Amazon doesn't need Bitcoins, then we don't need Amazon as well. 

In the past, when the Bitcoin prices were around $5 per coin, a lot of people were careless about their wallets. Most of them didn't had 2FA and this is the time period when most of the coin robberies occurred. Now the users have become smarter, and as a result the incidence of robberies have gone down.

China may not be capable of killing the Bitcoin, but it can definitely harm the crypto-currency. After the negative news came out of China, the exchange rates dipped by as much as 30% in less than 48 hours time. It is another fact that the prices eventually recovered, but China did a lot of harm to those invested in BTC.

Already it is being used as a mode of payment by a lot of shops and online stores. But unfortunately, many of the shops which used to accept coins in 2015 and 2016 are no longer doing that now. As the exchange rates increase, the people are more reluctant to use the coins for shopping.