I've thought of it in the past, but I've never planning on doing it. Sure, it may seem like the prices are going back up now. But what if it crashes to $6000 or lower and stays at that pricerange for more than a year? Then you're screwed. Don't take that unnecessary risk. Only invest using your money, and do it wisely. Not like the typical "hodl" or "moon" investor.

I really don't know what to say. I'm sure lecturing you right now wouldn't help(unless you're planning on investing in the future, which I don't suggest you doing). I just, can't believe how careless could people be with such a huge amount. I personally don't even own one full bitcoin, but I quadruple check and research on everything first as if I had like BTC500.

I mean like, sure, exposing your private keys was a huge mistake; but investing your whole life savings in to bitcoin? colossal mistake.

Yikes.

Of course. Though it depends, if you bought the bitcoin peer-to-peer with cash then it would be extremely difficult for people to know if your money was acquired in an illegal manner, they might not even care if ever they know. If you used services like Coinbase though, and the government finds out about illegal activity, then they're going to seize your funds.

Probably more than 75% of all your claims are horribly incorrect. Looks like someone needs to read a certain pinned topic.... Topic: [General] Bitcoin Wallets - Which, what, why?

C- for effort, I guess? Make sure to do your own research when making suggestions. Especially here in the Beginner's section.

If you think Roger is going to let go of the bitcoin.com domain, then forget about it. That domain is most likely VERY expensive. Could cost probably 5 or 6 digits in USD. But hey, at least BCH is now listed as Bitcoin Cash not Bitcoin. Though BTC is still named as Bitcoin Core. At least it would make new people think twice though, instead of automatically going with BCH as it used to be named as "Bitcoin" only.

Well, it is legal to own multiple accounts here on bitcointalk, but it completely depends on what you're intentions are. One valid reason is in the case of DarkStar, a well known signature campaign manager here on bitcointalk. Well, his job as a signature campaign manager requires posting a lot of short messages when answering questions, so instead, he created an alt account, DarkStar_alt, to answer those questions for the campaign. Not sure if that was the exact reason why he made an alt, but you get the idea. If your intentions is to use the alts to join other campaigns, then you'll be banned from the campaigns.


Wow calm down.

Bitcoin is NOT guaranteed to be legalized. I'm pretty sure the government wouldn't want a form of currency that would be difficult for them to tax, especially if a lot of people aren't willing to pay for their taxes.

True, Coinbase should be used as a wallet. But even though MyEtherWallet falls under a "web wallet", it's still pretty safe to use as they don't control your private keys. You pretty much just use MyEtherWallet to acess your wallet. Just always make sure that you're navigating to the correct URL.

YIKES. No wonder. Looks like the BTC withdrawal fees are like 5x the fees of most exchanges.



Even higher than the fees of Binance. A BTC0.008 withdrawal fee is around $72 today. Hell no.

Yes. The interfaces of MEW and MyCrypto are very similar due to MyCrypto being a fork of MEW. What happened pretty much is that both founders of MEW split up due to certain conflicts.

Until when will the trading be free? Also, how does the website monetize then? Though ads only? I need some stuff to be cleared up before I actually try out the exchange. "We promise zero transaction fee for any transactions" actually makes me skeptical.

I'm not 100% sure about my answer, but I think it's because the person who gave the rating to you didn't give you a positive rating, instead he/she gave you a neutral rating; as there are 3 choices when giving feedback:



I repeat. I am not 100% sure.

Everything that can be freely bought and sold will fluctuate. Even the more "stable" currencies like USD, GDP, etc are also fluctuating. Though in the case of bitcoin, it will keep on having huge fluctuating until bitcoin actually gets to be used widely as a currency. It's just that bitcoin and cryptocurrencies in general are just currently being bought as a speculative asset.

Sure, transactions could be traced. So for instance, they traced the bitcoin and the bitcoins ended up on the wallet address 3Justanexamplelolhahahahahahahaxd. What do they do now? They can't sort of contact like the "bitcoin customer service" or something. The person could easily get away if he/she doesn't use centralized wallets like Coinbase.

But a good number of exchanges already has ETH trading pairs though?

What will happen? Probably not necessarily that bitcoin's price will drop, what's more likely is that bitcoin's dominance will go lower; which is currently at 37.0%[1].

Well, yes. As some people do prefer using ETH instead of BTC with doing transactions. It sort of gives the traders the freedom to use bitcoin vs eth on their trades.

Then you don't know what you're talking about. You need to try bitcoin right now. Transaction fees has been very low for a few months already.

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[1] https://coinmarketcap.com/charts/#dominance-percentage

Does it even matter if the bitcoin you received is from a good person or has gone from the hands of a criminal? You don't even know if the paper bills you receive are 'clean' or not, and if the bills you now hold was once owned by a criminal, so what? It isn't like you will also be held liable for the person's crimes.

Sold a few BTC at around $20k because I thought it went up too much, then rebought at around the $14k mark. I wish I waited a bit longer so I could buy lower though. But hey, at least I made a bit of profit right?

And yea, I do think it will take some time for the price to go back to $20k ish. Hopefully not that long though.

Sometimes I just wonder why famous investing personalities spends so much time in bringing down bitcoin or cryptocurrencies in general... it's almost like they don't want bitcoin to win. Also, isn't investing in a farm or business somewhat a gamble too anyway? You don't even know for sure if it's going to rack you up profits; just like with any kind of investment. Technically, bitcoin and cryptocurrencies in general should be counted as investments too. The difference is just that investing in bitcoin and or cryptocurrencies is just far too riskier.

Source: https://www.reddit.com/r/Bitcoin/comments/8g1vwh/street_art_piece_in_paris_with_a_qr_code_for/

Really cool, sure. But I definitely won't be surprised if someone else sort of paints over the QRCode and changes it to another wallets QRCode instead.
Also, I couldn't scan the QRCode with my phone, unfortunately.

Hence I suggested using hardware wallets like a Trezor or Ledger Nano S instead, as it's far easier to use securely; as you pretty much just need to write the mnemonic phrases on pieces of paper and keep them off anything digital. I'm pretty sure anyone knows how to write 24 words on pieces of paper.