Hey,

You again! After North Korea, you are bringing ISIS? Actually I could make a copy/paste of my answer about NK...

Bitcoin is not good or bad in itself. Some people are using it to sell drugs or fake watches, others try to brng up diruptive business models. The bitcoin in itself is merely a mean...

On top of that, do you really know what fund ISIS? Oil. The oil bought by the US (among others) to Saudi Arabia. Saudi Arabia is a kingdom and the heirs are all trying to gain some power (which is not that easy, the family is very large). Some of them think that supporting ISIS is a good way of doing so.

So when you buy gas for your car, YOU are supporting ISIS. Or maybe, you cannot be held responsible for that? 

Hi,

People are not all letting others starve. Starving people are not all turning into harasser once you've helped them. Some people may not help the homeless leaving in their street, but they try to make the world better through many efforts in their everyday life.

What I mean here, is that it is impossible to say "everybody is ready to pay buckets for trivialities but not for what matters".


Regarding the topic you were actually offering to discuss: why do people scam? Because they like to play this kind of game, because they need money, because they prefer wining over someone rather than just getting a monthly wage... Again, many different situations and at least as many explanations!

Hi,

I would be surprised to learn that billionaires do not know about btc.

One (big) part of the job (being a billionaire I mean) is to anticipate profitable investments. For many of them, hard work and dedication has nothing to do with the fortune they currently own. So, for sure they nvest, they diversify their portfolio and as money is not a daily concern for them, then can leave it some time to actually understand trends before making any move!

Maybe it will be gone.
Maybe it will be a currency used widely everyday by anyone.
Maybe an ecological disaster will have destroyed internet facilities.

You see what I mean? This scenarii are actually extreme, I do not think we will reach any of them within 10 years. What I think, though, is that your question, sir, is not specific enough!  

Hi,

It may also be because women are more cautious. Men tend to be players whereas women tend to be long-term investors.

This is not judgement I am emitting, socio studies have demonstrated such differences in behaviour. When making studies, women tend to save what they earn to anticipate further needs when men are generally inclined to spend all of it on current needs (or desires).

In the same idea, the environment of bitcoin is today very unsure and most transactions consists of "betting" your bitcoin, either through gambling or trading.

Wow,

Serously the anonymity of bitcoin has made it possible for many people to do illegal transactions everywhere. So bad!

Regardin North Korea specifically, they would have find a way to fund their weapons anyway. Bitcoin users and miners are not responsible for the actions of other users. When you pay taxes in a country, you may disagree with your government funding wars abroad or selling weapon. But you do not have a choice. You cannot be hold responsible for such things!

Well, of course it does.

Corruption is about giving something to somebody so that the latter owe you a favor (and generally does something for you immediatly in return).

It is not necessarily linked with money, but with money it is easy. I give you 100 dollars and in exchange, you put my resume ahead.
This is only an example, of course.

With bitcoin, transfers are checked and cannot be simply erased. So it may be easier to track evidence of corruption. But it will not delete such practice. I give you a bitcoin, you chose me a project manager for your future investment. And so on...

Hi,

I think there are in fact 2 sub-questions in your topic.

First, regarding governments: it would be great to get their support, their back§up and clear law environment, in order to avoid feeling "stuck in between" each time you try a new operation with bitcoin. However, regulating would also mean being  constrained to declare bitcoin as financial resources and thus pay tax on it, justify where it come from, and so on. (I also personnally think that for the moment for traditional banks and governments it is way easier to ignore bitcoin because this way they can go on with their little "arrrangements")

Second, will bitcoin ever be a safe place for investment? It should be, I agree with you. But it is harder than that, because of the history of development of bitcoin in itself. Bitcoin is not just a crypto-currency, it is the thing that allowed for doubtful operations and people who had been trapped due to bitcoin may not be that eager to trust it again.

As a conclusion, it may be something that should be developed: as you can find some bars in Paris offering to pay in bitcoin, it could be great to great a website supporting entrepreneurship and ventures through bitcoin investment! (if that already exists, please tell me, I would be sooo interested)

Bitcoin is one amongst many crypto-currencies. The big game is to guess which one will take the lead, how will rates evolve, and so on.

Bitcoin is also THE emblematic crypto-currency. Because it was created long ago, because it managed to survive, because medias have chosen to put it under the spotlights? I don't know!

What is sure is that, this game occurring between crypto-currencies is way too complex to be fully understood by individuals. Bitcoin has gone through ups lately thanks to the fork (and consequently potential "free" btc) but this may not be the only explaining reason.

In short: hard to answer your question!  

Wahou... I mean 99% of websites letting you online coins don't let you get the coins from forks when there is one, that's impressively honest from you!

Are you planning on doing the same thing every time a fork appears?
Cause that would be a new argument for investing in yolodice!!!

Depreciation, if it happens, shall not be dramatic. Just another down amongst many ups and downs, not all of them explained by define events.

The entities you are talking about can be good points of references regarding the "health" of bitcoin. Yet, I agree with comments above, keep your bitcoin far from those "banks".

Hi,

If you want to extend the metaphor, I would say that real passengers are not supposed to leave the airplane.

Bitcoin is (not only but also) about buying and selling, trying to make profit through trading. You can make a large profit and still want to invest in bitcoin.

On top of that, of course, people tend to be over-enthusiastic when they start making profit through new tech as this is our centuries' big game. Well, let's play!  

I do not see any form of scam here.

I mean, she is offering to give you information, but she is not asking for anything specific. Is she asking for money? For personal details?

If not, I think you should feel free to go (with someone, as she offers) and see what she has to offer. Maybe, nothing else than wasting 2 hours, maybe something better!

Hi,

If you are very lucky, there may be a bitcoin ATM in your city. You must be very lucky, though.

Otherwise, you can go through any exchange platforms and localbitcoin. The latter is a very reliable website, you can really trust it.

Fiat casinos have a house edge 5 times more important than online casino.
And most of them have 0 bonuses.
Appart from free drinks made to get you drunk and bet more in a more stupid way.

So no I don't think that btc casino are stingy. They're legit cool sites letting you have fun while taking a very small share of the profit.

For most governments I think it is not that simple.

First because many people know the word "bitcoin" but not what it represents actually. Then, because allowing such currency means necessarily acknowledging the existence of the iceberg of transactions around bitcoin. Not that easy.

Legalizing bitcoin would be indeed really interesting but I think most governments are not ready 

Hi,

I think it would be really hard to regulate bitcoin through the traditional system (laws, acts, and so on), just because the process is way to long compared with this fast§changing environment (bitcoin).
However, it may be a good occasion for governments to try to come up with a faster system, more flexible.

Hi,

Of course, there is still the mining option. But, I know, it is no longer the eldorado it used to be.
You can invest "real" money and exchange it for bitcoin. It will be the easiest way to gain bitcoin but you do not really earn money, you rather convert it.
Last option: betting. Gambling is very popular among bitcoin community and indeed, you can earn a lot!

Hi,

A physical money is created by a government/state/nation/institution and is valuable only in a define territory. The money in itself can be emited according to the needs of the entity that created it. Some money exists within a network of firms and their value is "real" as long as it is used for transactions between such firms.

The bitcoin is not created at will by an entity. There is a process leading to its creation but it cannot be hasten at will. I will add that, to me, it is also impossible to fake bitcoin thanks to the blockchain.

Hi,

This fork was quite strange and disturbing I think.

Anyway in such cases, I would personnally advise to stick to what you know and is recocgnized as legit by other bitcoin users (such as the website you take as example) and avoid beeing greedy. Ok, if you invested in bitcoin in the first place, it was to make profit out of it. Nonetheless, betting on such moments and trying to be smarter than the developpers and most players is, I think, a very bad idea.