I don't understand how this is going to work. A goverment issued cryptocurrency would basically be something similar to paper money, so what is the difference here. There is no decentralization, at least in bitcoin case it is still yes, no mining, as it is going to be government issued.

Ok i thought i missed something over here. Our intention is to promote use of bitcoin but in order to avoid the volatility issue we are actually maintaining the fund holdings in dollar and convert per se to bitcoin to pay when is needed.

No thanks to Mt gox. You can imagine how much damage they have done judging by the way how people perceive bitcoin. There could be a list of good things about the coin but it takes one bad reputation to spoil everything.

Well if it does drop to 50, then i have no choice but to continue to hold on to the coins. Maybe consider buying some more. But for the price to drop to that low level it is almost quite impossible.

It's part of running a business. It's no different when it comes to exchangers and how they run the operation to minimize cost and improve efficiency. Those that have the lowest fee with the best service of course have the advantage.

Few things you can do to make it harder to trace. You can mix your coins around like using the services of bitmixer. You can also transfer to exchangers and exchange it to other altcoins and then exchange back to btc. It all depends in how you do it.

That is why it is not advisabke to park your money in exchangers since as you've said it yourself it is completely out of your control. The only people who leaves their money there are those who need immediate funds for trading.

Generally that's part of what you call trading. In reality you can never know when is the best time to sell or when is the best time to buy. Same goes if you decide to hang on to your stash and missed the opportunity. Anyway if you develop the right strategy you can actually grow your coins quite fast.

Maybe you underestimated the trade volume. Sometimes just by sitting in front of the computer and looking at the screen you can just see how fast the numbers run every minute. Plus the money parked in exchangers could be used for other things. That's why insolvency is one issue.

It's more like a company providing data mining services and collect information about credit history that usually banks and insurance companies use before they provide the loans and signing off the deal. It might help avoid providing bad loans but it won't make difference in trades conducted in forums where user don't give out complete information.

I think it would be great if somebody can come up with a table showing comparison between the rates and the fees charged by each exchanger. Personally i use kraken for my supply and it would be nice to keep watch for alternatives as well.

I think the most important part is to learn the basic before you can actually get involved full scale. Start small, forget about margin trading and learn to intepret the charts. Part of the skills is how to control your emotions during trading.

I don't think there is any exchange where you can trade with zero fee. You can try payza if there is restriction with how money gets tranferred from exchangers to your account using banks.

Most people are just looking at the price movement perspective and i don't think that reflects the actual scenario. A broader look should be towards the adoption rate and the infrastructure build around the payment system

Not for me. When it comes to plastic card i supposed that is only for my fiat and use it for daily spending. So i don't want bitcoin to be associated or linked to that for any reason.

I don't think they will do it even if they can. Fact is the talk about increasing back the interest rates has been going on for some time now and it didn't happen during the last meeting. I think at this stage the economy is still too fragile

What I'm doing right now is basically using the money that i would otherwise spent it for entertainment and buying other non valued stuff and put it into bitcoin. If it becomes trash one day, the loses wouldn not significantly impact or bring down my whole life.

The misconception that btc is drugs and drugs is btc is somehow creating a negative perception that prevents most people from actually adopting the coin. It worked in the past to bring popularity but moving forward things need to change.

When i started taking it seriously it was like 800 at that time and slowly it continued to slide up to where it is right now. Was lucky that i didn't rushed into buying

Even with the price being stable and range bound nothing is certain as far as bitcoin is concerned. At least with the halving coming on next we should at least get some indication on where the direction of the coin is moving towards next