It is intriguing and all of us is really curious about the real identity of Satoshi Nakamoto. This details and speculation about him is great. I am wondering why Satoshi had been inactive for a long time. Could it be that the creator of bitcoin is already dead?

He surely did a great job hiding his identity. I guess it is really best to let him be anonymous since he doesn't really intend to reveal himself.

Even if it doesn’t sink Bitcoin, it’s just not fair. People complain about the US govt printing money. Why should these fools just get to print money and own bitcoin?

One interesting argument I've been following is by Peter Schiff who is permbull on gold and quite pessimistic on bitcoin is that you can fork bitcoin and therefore we can't talk about limited supply.

But it wouldn't be Bitcoin, I get it. It would be Bitcoin2 or whatever. However the properties would be the same the only thing it doesn't have is the trust and network right.

One interesting argument I've been following is by Peter Schiff who is permbull on gold and quite pessimistic on bitcoin is that you can fork bitcoin and therefore we can't talk about limited supply.

But it wouldn't be Bitcoin, I get it. It would be Bitcoin2 or whatever. However the properties would be the same the only thing it doesn't have is the trust and network right.

Yes, you got it right i can smell something fishy that has to do with govt regulation(s).

Presently, i donot how how this is going to affect us a part of btc communty but, for sure it will put most people a tight corner.

Most trader's who has insight has started making  plan in case if, this should take place in future.

*Unfortunately, they fail to warn or alert other member's.

The experience, i had today is not a good sign when i was trying to sell-off bitcoin in my wallet.
Let's hope is not what most of us has been predicting over a period of year's now

Because, if, it is, it will make trading unprofitable to most of us.

For now, i'll like to keep this very brief without going into detail's

NOTE : "i wise son see's danger and take heed but, i fool caught there-in !!"

The person who kill's a prophet might likely kill the decendant of that prophet!!

Thanks
Btcseo

We've heard exchange getting hacked and millions of dollar worth crypto being stolen.  
Last year, Myetherwallet was exposed and hacker penetrated and stole alot.
Scam ICO made away with millions in recent years.
Crypto traders and investors are taking precautions so as to not fall victim. This doesn't guarantee Scam free Crypto space coz right now someone is being scam.

What could be the biggest Crime in cryptocurrency

Bitcoin should be forked and Satoshi's 1 million Bitcoin destroyed completely, if he really owns that much.
A sudden withdrawal of of 1 million (or large gradual withdrawals) should be regarded as an attack on Bitcoin.

Or it should be frozen for now until developers are sure no one is going to withdraw the whole thing and crash the market.

What would be the top things you would advise on or suggest to someone who’s thinking of buying BTC?



Mine would probably be; 

1 Before investing, spend time learning about cryptocurrencies and blockchain in general

2 Don’t look at it as get rich quick scheme, but as a long investment

3 Learn ways to keep your bitcoin safe and secure.

Whether or not the electronic money through the future is easy is a difficult question. Firstly, in terms of economic integration, this is very difficult now because each country has its own face value and money, it is difficult to synchronize, another difficulty is that the legal is unclear because each country has one private law. Secondly, the political, military, and information technology are uneven, leading to access to electronic money is not virtual reality. So how to solve this problem?

I would like to take up the points of an article published on Bitcoinist. (Even if some will say that this media is Pro-Bitcoin the points are the most important.)


Any regulation can't prevent us from using Bitcoin. Despite their attempt to keep an eye on the system, it is simply impossible for them to ban people using it. So why giving a fuck to "I'm afraid my country will ban Bitcoin!"
They have nothing to fully stop the ecosystem that is currently emerging.

Decentralization is one of the greatest dreams of Satoshi looking at the how the blockchain technology and its immutable distributed ledger has been designed. Well it saddens my heart that the greed of men has led to the abusing of this freedom and liberty that Satoshi wanted us to have in the financial industry. Look at the way people are being scammed and robbed in broad day light just because crypto is embedded in anonymity and decentralization. I think we've all had it to the peak, how about we have some level of regulation with the activities in the crypto industry. Share your thoughts commrades.

Well they should own 1/3rd of the hashing power, if we are going by populations and that is how hashing power should be divided between governments in the new system.
but 81% is a little nutty. Imagine if they united into one pool.

Hopefully, that decision of the Chinese government to stop Bitcoin mining activities within its boundaries can actually be doing good for the whole industry so that there will be no more concentration of has power in a single country going forward with the ideal decentralized state. Even though I am sure that many Chinese are still into Bitcoin, we should not allow a single country to be a major clout with this industry especially with a government with a closed mind.

Last weekend I spend some time with some of my relatives and one of them were playing a online game called, Forge of Empires. This is a browser-based strategy game with more than 10 million registered users  

The main goal of the game is to expand and develop a city beginning from the Stone Age and ending in the Virtual Future. (They even have Crypto currencies as a tradable commodity within the game)   <Well, not actual Crypto currencies, just a in-game commodity>

So after watching my nephew playing for 1 hour and talking to him, he revealed to me that he spend over $1000 on buying virtual diamonds in the game. <in 6 months>  

We started talking about real Crypto currencies and he immediately started the argument that Crypto currencies are "fake" money and that it was not real money or even a commodity. My counter argument floored him, because I asked him if the diamonds that he bought in the game was real or if the items that he bought in the game was real.?

His whole perspective on Crypto currencies changed, when he realized that digital items can have a value and that the virtual items that he bought within the game had less value than the bitcoins that can be bought and sold.  

He asked me to help him buy some bitcoins and he was very happy after a week, when he saw his investment in the supposed "fake" money, going up in value when the price increased.

Should we confront more people with the argument that most of the digital items that are bought online, might have less value than Crypto currencies.  

Ps. I emailed the developers of the game <InnoGames> and asked them if they might consider accepting Bitcoin as a payment option, but they gave the generic answer that they are open to new payment options, but they cannot give a timeframe for when this might happen. <I think more people should ask them>