If a person has 1000 bucks, buy 250 bucks worth of bitcoin. The remaining balance is your insurance *if the price goes down*. If it does happen, use another 250 to buy more. whatever balance remaining is still your insurance in case of a drop. As it goes down further, use that to buy more until you are dry 

It sounds silly because if you don't believe in any of these insurance thing, then use the whole of 1000 to buy at the spot price.

Although there are many things that he have said which I think some are rather questionable, some I would strongly disagree, but for that sentence, we all know it is what we are seeing right now. If bitcoin ever collapse, it is because of those 3 main intrinsic key attractions that were lost.

Maybe not right now because a sudden switch will definitely jolt the market and the community. Also what would be the impact though in terms of price movement. However, having said that, I'm not a "status quo" type of person. If it can help to stabilize the price, become more decentralized, ensure far better distribution, secure the network, then why not. I don't see it happening right now but maybe when mining is finally over and transaction fee is not enough to sustain or the reward is too low.

If you are talking about gold, yes people are doing that. Bitcoin still needs to work out on the exposure part, meaning more people need to realize and see bitcoin also as a storage of their wealth where it will still maintain its value and appeal regardless of economic condition. Until we move to that stage, btc price won't change much even if all the fiat collapse

Indeed positive. Although stores selling bitcoins are there, what we also need are stores that will also accept bitcoin as payment currency for goods, products and services. If this trend continues and comes into practice in every country, that would be a major step towards adoption.

Basically I don't care what others have to say. Different people different opinion. For me, I will still continue to buy on dips and if you look at long term opportunity there is so much in store for the future of bitcoin. Let's see what is up in 2015 before we make any conclusion.

I always treat bitcoin as a long term investment and I believe once it manages to take off, the rise would be exponential. Maybe we are not seeing the progress moving so fast but I can tell you most investors will aim for quick return. What they want is basically investment opportunities that guarantee fast payoff so that they can use the money to turn to another investment. 

I think it is in every way possible. First, it would help and make coin exchanges safe and easy for everyone, second experimental coin with improved coding will get more exposure. I remember the idea of introducing sidechains was proposed just not long ago as a solution but I just wonder where's the progress right now.

That is because acceptance rate is so low. We are simply not at that stage just yet and it's true there are not many places where you can buy something with bitcoin. We need auction sites like ebay or amazon to change that. If this happens it will be big.

I believe the decline is momentarily and it seems to have a correlation with the fx market where it is rather quiet right now. Hopefully once this holiday period is over people would start doing exchanges again using bitcoin as a medium. Not sure if traders will be back by Friday, if not then just wait for Monday.

Just relax and hang on there. If the price dips anything lower than $300 I already have my funds ready to buy some amount. I'm sure there are a lot of bitcoiners who are also waiting to grab at lower price. You can expect a rebound once it touches that level.

It's definitely watching the price going up the roof and regretted of not taking action when I had the chance to. It's doesn't matter if the price crash after I bought because I know I took the gamble and put on hope that one day it will reach higher.

Just be patient. Once it goes up, it will never stop. Looking at the trend I expect the price to retrace once it reach 350 and after that going back up again. Just buy in small amounts so that you can average up the price

I think nothing is impossible. It's just a matter of time. The problem with most people is that they want fast results. And because of that they grow impatient. What I see is that acceptance level has been steadily growing, number of companies into bitcoin have also picked up, the biggest thus far is microsoft (I just hope that worked out) and with the uptrend maintaining, I'm sure price will adjust itself to higher level. Forget about 2k. Let's aim lower at 1k first.

Does it matter whether a webhost provides excellent service relates back to what type of payment currency you decide to use? Or should I put it this way... does it mean paying with bitcoin ensures you will get top notch service? For me, it's the same and whether you get reliable web hosting depends on the reputation of the hosting provider.

I used to maintain website at namecheap. Yeah, other than being a registrar they also provide hosting. And lately they have also included bitcoin as payment method. You might want to check it out.

A country would not accept it *simply* because they can't control the currency. What a country needs is a fiat paper which they can print when they want at certain conditions in order to manage and control the economy. Like for example, indicators in trade surplus, employment and such. Introducing bitcoin which they have no power to meddle with means it will not work.

Looking at the data, it seems that current projection that the economy is actually doing pretty well/or recovering seems to be very fake. Another collapse would spell disaster.

Number of actual users (which so far haven't been able to really quantify) or I would say acceptance rate
Number of hashrate
Number of transaction - probably no here or not accurate as transaction could also be taking place when a user transfer to the same account
Number of stores accepting bitcoin
Number of giant corporation declaring that they will use bitcoin

Although I see nothing wrong with what you have done, which I think is a nice poem. What if others did the opposite and inserted some nonsense message and this goes into the blockchain just like that.

Not sure what is their stand anyway. Ok or Not Ok? If okay, then the price of btc should be moving up and not down. I thought the policy was towards restricting use of cryptocurrency but now the tone is different.