there is nothing wrong with people checking the price several times a day, but they just need to concentrate on their long term goal. if you only look at what's happening in just a few days time, then yes, it can look like a war zone. i don't look at the 1 or 2 week charts anymore. i only look at what has happened the last year. then you can see whether the price has increased or not.

online shops accepting bitcoin is nice, but people don't really look up to this anymore. people are waiting for the day that their local stores in their place start to accept bitcoin as payment option. that will be one of the key factors that will cause the adoption to get a massive boost. that's also what i am waiting for. it would be great to walk into any store here and use bitcoin to pay for things.

it doesn't really matter for what option we vote here. the developers will release the update/fork once they think it's time. i just hope everything will be sorted out in a nice way so the shills and fud spreaders won't have anything to fud about. after the 2mb increase it will be a matter of time before people start to complain again. this will never end.

no matter how many bugs blockchain.info has, it is and will remain my favorite block explorer for quite a long time if it doesn't get replaced by something better.

trading is good if you know what you are doing. if you just do something without any knowledge you'll most likely end up with big losses. it's not worth it for these people. they should just hold and nothing else. 4 months are gone before you know it, it's not that long. just have some patience. nothing comes quickly. patience is the key to success.

for some people waiting 2 weeks is already considered to be very long. they only chase quick profits. if they see the price doesn't move much in a month, they will start to feel panic and sell because they are bored. they don't have the patience to wait that long. we as dedicated bitcoin holders are long term minded. for me 4 months is literally nothing. i will hold my coins at least for a few years.

holding is good but bitcoin is also a currency, so if people want to spend their coins it's good for the whole bitcoin eco system. when merchants see that people are spending their coins then they will be more willing to also accept bitcoin as form of payment. if they see that no one is actually spending any of the coins then why should they accept it as form of payment?

some things that you mention aren't related to bitcoin to be honest. for example "getting scammed" you can get scammed everywhere with fiat currency as well. not sure why you point out bitcoin. if you use common sense then you reduce the chances of being scammed with 90%. also, "finding income source" not sure why you think this issue is related to bitcoin as many people that offer coding work and design work have no problems at all. you just need to make sure you offer quality services. then people will come to you and offer you a job.

i wonder if this person have made an attempt to contact the pool that mined that block. it's no guarantee that they will return anything, but at least its worth a try.

i think the best times to be a millionaire were when bitcoin was still worth below $50 per coin. nowadays it's difficult to collect enough coins to make you a millionaire at some point in the future, unless the price goes up to $10,000 and higher. but then again, you will need to buy plenty of coins at current prices.

this year will definitely not be boring. we have the upcomming block halving that may drive the price up significantly due to the speculation, and if there is an agreement regarding the block size issue, then the price will get another boost. all ingredients for a nice and profitable year are here. a lot opportunities to make a nice profit.

the current price is also more than good for buying if you plan to hold your coins for the long term. anything below $500 is a great price to enter the market. i really think we can see the price reach $1000 within 2 years. that's quite a realistic price target if you ask me. i won't sell my coins for anything lower than $700. at that price i will feel comfortable securing some profits. all my other coins will be kept till the price reaches at least $1000.

i find bitcoin whale to be a very easy term and a lot people use it to mark a wealthy trader. but if i have to come up with another name for some one with at least 1000 bitcoins, then it would be 'bit elite' or 'elite holder'. elite must definitely be in the name if you ask me.

smart people who know what the real potential of bitcoin is will buy bitcoin as an investment directly. they realize that the current price is nothing more than peanuts compared to the future price. that's why you should buy right now and store your coins in a secure manner offline. keep them there for a few years at least. you will be rewarded greatly for your patience and trust in bitcoin.

if the price will go up to levels as $800 it will get dumped down again as people have been saving up the coins that they have bought at current prices. they will sell at a massive scale to secure their profits.

a lot people expect the price to go up significantly in the comming months due to the block halving. but another realistic scenario is that the price will go down after the block halving. that's why i don't get too excited about the price rise this year.

i think if you explain the car dealer that you are interested in buying a car with bitcoins, that he will agree to finalize the sale fully in bitcoin. you just need to inform that person about where he can be a bitcoin merchant. point him towards bitpay and he won't have to deal with any kind of volatility. good for you and good for him and also good for the bitcoin eco system as it is another merchant that accepts bitcoin.

i also don't think we'll see sub $200 coins ever again, but never say never. plenty of bad news can make the price go very low. if an exchange as bitfinex or huobi gets hacked or gets victim of an inside job where there are 100,000 coins being stolen, then prepare yourself for sub $200 prices. but that's the worst case scenario. if nothing like this happens then we won't see sub $200 ever again.

well, a lot of the newer members here think in terms of pump and dump when the price goes only up or down like 10 bucks. they aren't used to the heavy volatility that some older members have seen in before 2014. they laugh at the price going up or down $10-$20 in just a day. and they are right. it's nothing.

everything is possible, but don't you prefer a slower but stable growth of the price? peaks never last for a long time. i like to see a growth of $20-$30 per month. that seems a nice increase where a lot people are happy with. that gives the price enough time to build solid support levels so the price won't get dumped down so quickly. and yes, i know that if whales want, they can dump through any support levels without much problems. but even they like to see the price go up as they have had enough time to accumulate plenty of coins.