I personally don't know how you people really think when it comes to saying the U.S. has a pro bitcoin man in the whitehouse, the guy that got appointed was the Budget Directory Milk Mulvaney or something along those lines. He's express that the Blockchain technology is wonderful and that he likes bitcoin, that's not to say in the least that he's going to do anything relating to bitcoin adoption in the U.S.

In the end, Mike is going to be reporting to the President, Donald J Trump, who is going to be following his own agenda and the agenda of the Republican platform. The only way that Bitcoin will be allowed to thrive is with the government not putting regulations on it and allowing it to flow. If they wanted, they could kill bitcoin rather quickly.

Number of new adopters that have probably just dropped bitcoin are probably pretty high, based on the pure fact that they're probably buying cheaper items with bitcoin and the average transaction fee is disgusting for a lower priced transaction, you're just going to spend a majority on fees.

Personally, I think this will all level out at some point but right now this is an insane issue that has to be addressed by the community in order to drive the average fee down. Because as people conform to a higher fee, people go higher and higher to get theirs confirmed faster and faster. This follows an exponential process.

I don't remember where I read it but someone once stated that bitcoins trading volume doesn't match the normal level for technical analysis so whatever you were doing was probably just one big coincidence that all the stars aligned and the price went up when you thought it would.

Plus, this thread is wildly useless without you showing us some charts and doing something helpful as an OP.


Couldn't agree more, the stars aligned for OP for a major coincidence. Technical analysis is something that people usually use a second nature against finances and news about a particular company, or in this case currency.

Not fully in the same boat but I was a currency exchanger around the time when Bitcoin was around the $300-$500 USD per bitcoin mark. It's pretty upsetting to look at it now and see that if I just put the amount of money and time I put into trading into just buying and holding I would've made the same amount of money plus a couple thousand.

Plus, I wouldn't have even needed to do anything and just let the bitcoin sit till now. I guess we can't ponder on the past and we just must look towards the future, it's the only way ONWARDS

Personally don't think Bitcoin will ever be ALLOWED to replace Fiat in countries, the biggest thing at the moment that is holding bitcoin back right now from people buying it is regulations from government entities that don't want bitcoin to enter their monopoly of being a currency (Example - Us Dollars dominant in the US)

Don't get me wrong, Bitcoin has many other issues that are holding it back such as confirmation times being disgustingly high for small transactions, fees being too high for small transactions making it worthless to use bitcoin for a cheap transcation UNLESS you'd like to wait days waiting for a confirmation.

There are tons of other reasons why Bitcoin hasn't hit the mainstream but I feel government will always hold it back as they need to and want to so they don't lose the grasp they have.

OP is really just asking would this be possible as asking that question is usually the best way to think of ways to combat an attack. Personally, I don't think this would work in the least as you'd really have to collude with a pretty good amount of miners in order to make this is a reality,

A good majority of the people that run these huge mining farms and pools would probably have some amount of ethics and put these above any amount of profit, not all though. Greed could take over and this could work but I would hope that this would never occur.

I don't think the ETF is going to be approved at all due to the intense risk and volatilitiy that comes with Bitcoin but if it is approved, I think it's just going to add more volume to the already high amount of trading that occurs in the USD/BTC marketplace.

Pumping 300-1000million dollars is a bit insane of something to say from an ETF that will be new right on the first day of trading. I still don't feel the price will explode and I think people are using this as the false narrative to get more people to buy BTC at the moment.

Price will stay stable, maybe a little pump then dump.

The bitcoin price doesn't really seem to be having any issue at all when it comes to the entire meltdown of the Chinese exchanges, pretty insane when you think about it. Everyone on here thought that if this happened the bitcoin price would fall into disarray but I personally think since the stopping of withdrawals the price has went up.

We're going to be hitting all time highs, I just hope we don't go too insane with the increases.


Going to have to agree with this, when they all come back it's just going to allow more demand for the same (relative) amount of bitcoin. The price will just continue on this upward trend.

Bitcoin has and always will be a global currency, it can be used in any country without an issue in the least. I would call it a currency without borders. The only tough thing about bitcoin is that it can't fully be used in every country to the potential that we all wished it could be.


This isn't true and I don't think bitcoin can ever be used by everyone instead of using the currency of the individual country. That's just like saying the US dollar isn't a global currency because not everyone in the world is using it. It's used around the globe by banks and such to hold reserves, simply it's also a global currency.

I know this may seem like a simple one, but why would you want to open an international account (U.S Citizen here) when you could just go ahead and use your own account from the U.S? Is there something I'm missing here or is this for a certain niche of people who are having an issue?

Thanks guys.

There is a pretty high demand at the moment for the network as people aren't really running full nodes anymore based on the simple fact that the network has so many transactions and you have to download the entire 100gb block-chain in order to do this. It's something that even if you believe in the bitcoin cause is kind of annoying to do these days.

The only way for people to want to do it, or feel any need to at least is for some sort of pay to be given or a percentage of the fees to be given to the people that use their own resources to make sure that these nodes are up and the bitcoin network is as secure as we all hope it is.

This is nothing new, EBay and Paypal put out messages all the time to sellers relating to the selling of cryptocurrency which they don't protect against. Similar situation happened to me when someone attempted to chargeback on bitcoin that I sent them so I had to do a pretty scummy thing.

I paid for shipping and sent them an empty box (their btc address inside) of postage to be able to make sure that there was something being sent to their house so Paypal and Ebay would just go "well you did receive the package so the seller did everything"

I didn't end up losing a dime and still made all the profit I wanted, minus the $2 for shipping

Only thing I can think of at the moment to attempt to have this transaction confirmed is to use a service like VIA BTC transaction accelerator to get it done within the next block. Went ahead and tried to do it but I guess they're at their limit at the moment so you should attempt to run the TX (4756d52f3ff88552a404f31c1f1bf8841dca21f77eb6556804812c3d6adbffbe) through the website.

Here's the site by the way, it's a pretty nice tool when you accidentally didn't set the fee high enough - https://www.viabtc.com/tools/txaccelerator/

I think the only reason that want to intervene is they want to know whats going on, and they want to make some money off of it. It's rather simple how government work, they interact when their is money to be made.

I guess they're just attempting to find someone new in the world to tax to attempt to make up for the 639 billion their in debt at the moment, least it's not as much as the U.S. with 19 trillion.

Not really finding much information on Mick here and his support of bitcoin the only thing I've really found from this video is his support of the blockchain technology and his building of the blockchain caucus. I'm not even going to include the part about how he accepts donation in bitcoin.

Simple fact is that politicians are going to want to get as much money as they can, so just accepting donations in bitcoin isn't going to prove you're an advocate for it. It really just shows you're a smart politician using all the ways and means possible to raise money for campaigns.

Anything else you can find on this guy relating to his Bitcoin loving self?

Can the bot be used on any service or is it going to be stuck on your own discord for Bitcoin? I'd still join just to speak to some new people about bitcoin but I have a discord that I use religiously for news and to stay up with current events so it would be nice to use this.

Anyway, the group seems cool so I'll see you there bud!

God thinking about what the price was like in 2011 which was probably around the price of  $1-30 USD per coin and what it is now really makes you disgusted on the amount of money that could've been made if you bought bitcoin instead of an XBOX or any other christmas gift that you wanted.  Makes me really think about what I've been doing with my money for all this time.

Plus OP, if you're reading this 6 years later you must know what if you bought 100 coins back then you're doing pretty well for yourself.


I'm thinking more along the lines of 1000-1400 range and I hope it stays like that as I just bought.

Well, I'd put it into my head into these terms.

I'd have to know that it is actually in the early stages and I'm just not being sold a boat-load-of fake news when people tell me it's in the early stages and people are going to be buying it up without an issue. The next thing you have to do is to never involved anyone from your own family as you'd really just be selling them down the river in order for them to lose a boat load of money.

If I followed the above I would invest, even though it's unethical and people are going to lose out in the end, that is how the world works and I'd love to make a couple bucks.


You say this but when you have the opportunity to make good money you'd never turn it down, we're humans and that's how we are.

This is beyond false buddy, if you're one of the first to a scam with hundreds of thousands you're probably going to make some good money.

I would compare it as the same kind of thing as they both share a couple core things about them.
1) They are usually pumped and fake hyped by a group of people to later be dumped for a profit.
2) Owners of the company (stock) and devs (coin) are really just putting the item for trade for there own personal profit and in no way do most of them believe their companies are going to do anything (minus healthcare)
3) Volume on most of them are pretty low except for the ones being pumped.

They're pretty similar so you could honestly pick other one with usually the same result, losing a boatload of money.

Unless you're a whale with a group of pumping marketers behind you, then hats off to you bud you've fucked everyone to make a dime.

Uping this by just quoting it.

I know that Republicans and the Donald are not going to be fans of the EPA due to them being for less regulations but do you guys really think that they'd be able to shut down the entire thing without a REAL news source covering it. The MSM hates Donald and they'd be trying in anyway possible to ruin anything and everything controversial that he does (Most of his presidency decisions)


Because of people like you who take what you read as the truth is the real problem we have with FAKENEWS