i agree with this.
but at the same time i say if someone doesn't know all this already and comes here to see what others tell him (to buy, to sell, to hold, or whatever) and can't make their own decisions. these people shouldn't even come near any kind of investment and should continue keeping their money under their bed and continue watching others make profit.

and besides why should we even care to make topics like this. i mean i am getting my paycheck in a couple of days and i would love to buy bitcoin with it. if they sell then i can buy more cheap coins rather than be forced to buy at higher prices. {insert evil face here}

well that is a big assumption and it is only easy to say. but in reality there are a lot of unknown factors that can affect bitcoin's future after August first. and i hope things go as smoothly as you are assuming here and don't turn into chain warz!

only bitcoin and litecoin are viable investments right now. all the rest of the altcoins are all over-pumped and currently are getting dumped as you can see from their big negative percentages.

currently i have investment in two small altcoins which are nearly unknown apart from my main investment in BTC and LTC and these two are SIB and BCC

bitcoin has not fallen, no.

please check the charts and make some mental note of the fluctuations then make a comment like this.
so far bitcoin has been fluctuating about ±5% up and down and that is not called "falling" my friend. this is more like sideways and stability for bitcoin.

the same thing for altcoins is a drop of -10% to -25% in each day and then staying there or coming back up only +5% and this is called "falling"

China only added simple regulations, to you they seem heavy but when compared to forex market for example they are nothing. and they did that because the exchanges were doing some illegal and unregulated stuff.

and Russia has never outlawed ownership of bitcoin to my knowledge. up until 2017 they have been talking about it and was never happy about bitcoin but from early 2017 they also changed that "talk" into more positive and accepting laws.

as far as coding and development goes you can go on github and see who is contributing.

here is the link to the repository: https://github.com/bitcoin/bitcoin
here you can see the contributions by different people: https://github.com/bitcoin/bitcoin/graphs/contributors

there are currently 14368 commits (which are the changes to the code. small or big)
179 releases (which are the versions that are being released)
448 contributors (which are the people who made any commit)

if i am not mistaken this is not all. there has been some stuff going on before bitcoin was uploaded on github. it was posted on somewhere else. github wasn't popular back in 2008 or maybe didn't exist.

there is also some kind of hierarchical power that i don't know how exactly works.
for example i believe laanwj is the only one able to accept the commits and merge them into main code. and the process is also a bit complicated. you can make any changes then submit to the mailing list and then make a BIP and if it is accepted and tested it will be merged.

and then the process that krishnapramod explained as consensus happens in the network.

some exchanges have lists which you can vote on to help them decide which coins to add to their exchange, like c-cex, novaexchange,... smaller ones like these. you can check their lists to see which one is on top and that will be added soon.

other bigger coins sometimes go behind the curtains and pay the bigger exchanges such as poloniex to get their coins listed.
and generally you can see this on their threads when they announce it.

very small.
because to put simply no one wants a split and when you are a miner and have invested a couple of million dollar in bitcoin and have a lot of BTC then you are more cautious about your investment than someone with 10BTC in his name!

this is not gambling to give you "returns" 100 times.
if you have 1 bitcoin and a split happens you still have 1 bitcoin but on two chains and the value of it won't be the same on either chain and the total value would also probably be much lower.

no it is not.
because as an investor you invest the same amount of money at $2.6 that you invest @$2600. and since the returns of both of these numbers are the same you get the same amount of money out also.

for example if you have $100 to invest you still get the same $384 out no matter if price went up from $2.6 or $2600

the only thing you need to know about articles like this is:
why would someone give advice like this?

it is clearly for his own benefit. you should always look past the obvious words and see what is behind them. when someone is taking out his profit to invest in another shitcoin to earn more, obviously he would advertise the shit out of that shitcoin to earn even more. it is just advertisement.

any idiot knows bitcoin is what everyone comes back to. and ever since the bubble of altcoins popped all the money is coming back to bitcoin. apart from a couple that weren't in a bubble and now are getting into in.

and you know, articles like these are more like a gamble. we all know there is chance of Aug 1 drama causing some drop and also we all know there is chance of Aug 1 leading to a bigger rise.
so you flip a coin and write an article. if it comes true you are going to say "i told you so, i am good at this, blah blah"! and if it doesn't come true, you just simply say "bitcoin is unpredictable"!

this year has really been great.

we, bitcoin users, who are inside the community and see everything may sometimes feel things aren't moving forward as they should. but if we look around us in the real world we can see there are a lot of things happening, despite all the drama and the debates and the fights inside the community over fees, block size, .... people are adopting bitcoin, merchants are adding bitcoin, governments are accepting bitcoin and removing taxes on it!

and all of this is why price is still rising and will continue to.

correct. bitcoin is not going to replace anything. it will be used as a currency for those who want a better privacy and a benefit of using a decentralized currency instead of the banks and their centralization and all the privacy hazards that come from it.

"should" is the wrong word. a currency is better to be more stable but if it wasn't, nothing is going to change about it.

and how long has USD been around? and how many people are using it?

when bitcoin became as old and as popular as USD its price will also become stable. much more stable.

yes they will and they are doing it as we speak.

bitcoin IS a currency and it IS being used as a currency and it also IS an investment whether you people accept it or not. the world don't care about your or my opinion the word is using bitcoin as a currency too.

it is not scam, it is just a bad design in my opinion.
i did some calculations a while back and realized if you can provide high quality content then you would never post it on a third party platform like steemit, you would simply make a website (it is really cheap) and slowly grow it and earn a lot more with the traffic you get than you can ever get from steemit upvote payment peanuts.

in the early days of its release things were very different though. someone could just go there and make a 1000 bucks for nothing!


i think it is a hard thing to do but exploits always exist in any system.

nobody is forcing you to buy 1000BTC!

you can go on any exchange and buy a fraction of bitcoin which means you can even buy 20 dollar worth of bitcoin if $20 is "in your reach".
and $20 is equal to 0.0077BTC at current rates.

and about ONECOIN i have to say i am not familiar with it, i can't even find it on coinmarketcap.com to be able to tell you anything! can you tell us where is it being traded?!

first make sure you are copying the transaction id correctly and double check to see if it has not changed after the copy. also make sure the Burst address you withdrawn to was a valid address.
then check it in other burstcoin block explorers. use google to find them.
i found these:
explorer.burstnation.com
http://block.burstcoin.info/
http://asset.burstnation.com/
http://burstcoin.cc/

the if you made sure it doesn't exist then contact poloniex and ask them for refund because it is their mistake.

if the transaction existed and bitsler didn't credit you then contact bitsler with your tx id and ask them to manually fix it.

drama and dumps? i love both of them.
they were annoying at first when i was still new to this world but after a while whenever i saw some FUD and a big dump i felt like a kid in candy-land getting free candy all day long...
we should change the name of FUD and dump to discount day really. although it is wise to sell before the FUD gets more serious but it is always so much wiser to buy after it at great discounts.

the best reason would be when you want to go to a country like Japan which has about 260,000 merchants (last time i checked) who are accepting bitcoin. and that means you just walk around with your encrypted wallet on your phone for example and pay for anything you want with bitcoin, fast and easy and without the risk of someone mugging you in the street! they would just get your phone not your money.

why are you surprised

litecoin is a very good coin.
it has an active team developing it and working on it constantly to improve
there is real adoption for it unlike the rest of the altcoins.
you can actually use it as a currency.

and as far as trading it goes, in the past few weeks the price has been stable and holding itself up above the resistance level while the volume was very high and everything was pointing towards an accumulation phase.

and after each accumulation there is a big rise. and this is just the start.

because there is a misconception about forks. many still think a fork is equal to a split. but it is not, there is a chance of a split happening and just like you pointed out it depends on the support. if it is high enough, then no serious split will happen. but if it is low like 30-40% then it is high risk.

there are already multiple one of these topics asking to "guess bitcoin price" and there is a board for it called speculation. move it there.

and to answer your question. if price breaks $3000 it will be because the bear market ended and by that time we will be on a big rise, so i don't think it will stop at $3300. it will be a rise similar to breaking $2000 the first time.

i don't get why this is an important enough news to call it "breaking".
it is the same story all over again. price started rising again and went above $2600 and now everyone is changing position and saying it will rise. and after it comes down they again change position and say it will die.

although this is an interesting approach to say it will drop then rise
it covers both possibilities.