Danny can you define the overwhelming majority, because there are still a lot of confusion about what constitute a overwhelming majority. < 75% or 95%+ for instance > Also, explain the commit access, because a lot of people are saying only a small group of people are controlling/manipulating that. ^hmmmmm^

Hope, you get the questions. ^smile^   

A lot of people want to own a part of history. Bitcoin or the Blockchain is a ground breaking technology and you can be a part of that too. A few years from now, people will think that you joking with them, if you say that you owned a whole bitcoin. ^smile^

If everything continue at the trend it's going now, Bitcoin will surely make a big impact in the global financial system.  

The chances of that happening is very slim. <Accidental transfers to a wrong address> You do get people, who would send a few Satoshi's to a known address, just to advertise something, but that cannot be defined as accidental. There are simply too many possible addresses for people to make that mistake. ^hmmmm^

Most of these cloud mining sites are fly-by-night operators. You see them today, and tomorrow they are gone with all that money. The only way to make money out of this, is to get in early and to jump ship before it collapse. If you can live with the fact that you profit from other people's loss, then you deserve to lose money. ^hmmmm^

The average earning for people on this forum, if you want to put it that way, would be about +/- $10/week. So you should not leave your day job to start doing signature campaigns. I do a bit of everything, gambling & trading and selling goods and Blogging to earn a little extra to pay for the fun stuff. ^smile^

Your main goal should not be to earn money, but rather to increase your knowledge. ^hmmmm^

Oi, Is this joker still around? It is sad to see someone putting so much time and energy into debunking Bitcoin and after all of these years it is still standing. ^LoL^ Many people have predicted the impending death of Bitcoin over the years and we still doing our thing. ^HaH^

Only the most gulllible noobs will fall for this glue smoker. ^smile^

You get sites that gives you the average price from a few combined prices on some exchanges, like http://preev.com/ I will use that as a indication or just sign up at a exchange and check the local price there. You should rather use the average, because the prices on the different exchange differ a bit depending on the volume. ^smile^

Bitcoin online gambling would be illegal in most countries, if it was not regulated in some form. Most of these bigger Bitcoin gambling operations are operating from islands with their own independent laws and rules and it's a perfect hiding place for them. Some of them are blocking users based on their location, where it is illegal for them to participate in Bitcoin online gambling. ^hmmm^

If you manage to somehow convince/bribe/harass some developers into accepting a new Bip to change a core aspect of the protocol, you would be half way there. <Everyone has their price> Then you pay enough shills to get community support and then you setup loads of nodes to accept the new fork and the new client and you A4away.. right? Consensus are achieved when you have the most nodes accepting the new fork.

Where did I go wrong, with my understanding?

It's a nuisance and it irritates the hell out of me, when these companies do that to your address. If I see that spam on my address, I would avoid them like the plaque. The Australian government only warmed up to Bitcoin, when they saw that they could make more money from it. Monitoring that address will not help, if the recipient receive the coins through a mixer service. ^hmmm^

Looks like all these Bitcoin payment processors are selling out to bigger companies. First Xapo and then Coinbase and also Circle. It is clear these people are just in this for the profits and they do not care about pseudo-anonymity. They work with anyone, even companies that are known to farm data for their governments. ^hmmmm^

The Chinese already have exchanges that they can manipulate, why would they want a foreign exchange that are being regulated? I think Circle are running away from countries where regulation are too strict and they want to operate in countries where the regulations are a bit more Bitcoin friendly. ^hmmmm^

True, but what if the merchants are not allowed to accept Bitcoin as a payment method/currency? The governments have control, no matter what you say. We might not need centralized control, but the government will not give you a choice. You can either accept their rule, or they ban Bitcoin in their country. You should just accept that and work with them. ^sob^

Even if you got paid $20 USD per day, you still have to subtract your expenses from that before you can start buying bitcoins. There are people selling stuff online, that makes a lot more than that and these gambling sites and adult porn site operators gets a lot more than that daily. < Well some of them >

There might even be some of the biggest faucet operators, that could earn more than 1 BTC per day. So yes, it does happen, but it's rare. 

I was just wondering about this Halving and what people will do, if the price hits the $1000+ price again? Most people seem to think that the previous record, were just a fluke and were artificially inflated by the Willy Bot. Let's say no bot is involved this time, and we see those kind of figures again, would you hold or would you dump?

When we talk about Bitcoin going to the Moon, $1000 is definitely not it. At what price would you start to think about selling?

I hope you move before the price drops to $1 and you will not be able to buy any Litecoin. ^heh^ I was hoping someone would suggest that Bitcoin Core developers will not accept such a ridiculous Bip proposal and they would be out of pocket with Billions of dollars. Even if they get a large portion of the hashing power, there will still be miners out there who could prevent a total takeover or even prevent them from hijacking blocks.

As I said, we are just talking about one of the possible threats and how we would deal with it. ^smile^

Ok, this is highly unlikely, but still possible if some group of countries or even a bunch of big corporate companies come together and says, let's pool resources together and take over Bitcoin. They dump a shite load of money into it, and they setup say 100 000 nodes and they also shift production into mass production of Asic chips.

They only need to get consensus once, to change some of the core building blocks of Bitcoin, to change it forever. Let's say, one of them will be the Bitcoin cap or the miners reward.

This is just theory and for discussion to identify possible threats and to be preventative. I am playing Devil's Advocate on this one, by saying this is possible. If they can get someone to commit this controversial Bip. ^smile^  

Do not take this too serious, I am just playing around with different scenarios.

The price is declining because most people have been selling bitcoins, because the price climbed too rapidly. I would have rather seen a slow buildup to the Halving, and not this sudden spike <bubble> Your smaller investor, would take profits at a much lower price, because they are not used to the $1000+ price, we have seen before.

Let's hope, it will pick up again today. ^hmmmm^

Getting paid in fiat in my opinion is more risky. Just look at what happened with other currencies like the Zimbabwean dollar and also what happened in Cyprus, when the banks took the saving of the people in their bank accounts. At least with Bitcoin, only you have access to that money, and nobody can take it away from you, or manipulate it's supply, like it suites them. ^smile^

The price is going down rapidly now, and we might even see lower prices for a while than the $400 average we saw for a couple of months last year. You might just still be able to pick up some cheap coins, if your timing is good. I have to say, 21 coins for the average person with a medium income, would be very optimistic indeed. ^hmmmm^