Only someone who does not have an idea on how bitcoin works will sell immediately. What the person did was a pure investment in my life that wont forget. When I first joined bitcoin the earlier coins I was able to gather was sold off immediately because of two reasons:

1. The fear that bitcoin might crash very soon and the coin won't be there again.

2. I preferred to have it in cash I can immediately access and that's the definition of having money to me.

These decision is one that I regret till this moment because at the time, its was still decent to earn from faucets due to low price then but not now again.

So, if someone donate bitcoin to me with my level of knowledge today, it will be suicidal to sell immediately which I won't do.

I will want to disagree that the influence of China on bitcoin is insignificant because if a mere rumor like some people have argued could cause a damage that it does not seems recovery is in sight, I wonder what will happen if it's the news is being confirmed and spread across board.

Being insignificant would mean nonexistent but in this case no. Even with the good news from Japan, Philippines and a host of other countries could not do the magic of returning the lost confidence, it then points to how much influence the Chinese have on bitcoin which to me, is not in any where close to insignificant.

Until when we are fully away from this red zone, I can then admit that the influence is minute.

All I see as reasons people are making for bitmixer are purely speculations as no one knows the real reason why it happened. Businesses have started and closed down at some point which its not always due to loss making. In the case of Bitmixer, they ran a good race and even turn out to be one that shows a foundation for other entrepreneurs in that direction.

For reasons why there are other mixing services, while some are doing it basically because of profit, others are doing it because of conviction and a look at the replies of the administrator of such site, you know which side they belong to. It now depends on which one you want to go with.

As to whether mixing is good or right, I think the bitcoin has created the platform for every one to have a bite and for the singular fact you involved in bitcoin, means you value your privacy whether you go through mixing or not. Which means for this castigating, we are all guilty if not, Chinese government would have gone against only mixing services.

Currently, I will agree with the argument that only the rich and the fairly educated ones are those having access to bitcoin. To those saying its not Satoshis dream to discriminate and that bitcoin is meant for everybody? How do the grandmother in the village use it when she does not have access to the internet or know how to use the internet?

As times goes on there will be room to ensure that the poor and uneducated ones are brought into bitcoin after all, virtually everybody use a phone to either  make or receive calls and text message. With various development in the banking system, where one can now do card less withdrawal and not even entering the bank, I am sure that such can get to bitcoin where one will conveniently carry out transactions without the need for the internet.

Until then, the 'elite' have the day.

Now that they have said their mind, even though we all know that is the bone of contention of their grouse against bitcoin. This is another good news against those who are propagating that bitcoin can be hacked or destroyed. A government as sophisticated technologically as China, can voice this out means they must have tried several times but everything ending in deadlock.

I wont agree that they hated bitcoin because if they do, they would not have allowed it flourish to the extent of what it is today. What their concern is the inability to control and that is what is giving them the sleepless night and hiding under money laundering to carry out whats already in their mind.

However, so far they cant control, they cant also stop but the heat will of be tighter for Chinese citizen other than that, I am not seeing any stopping point for bitcoin.

The bolded part got me laughing but its actually possible though. Lets all wait and see on how the promoters and developers want to make that a reality maybe one day, I can get to ride in one and pay with crypto.

I rode with Uber some days back here in my country and the option to pay is either through cash or direct debit from the back account but thats not the maximum options as the driver who might be known to you might ended up not collecting money and collect something else of value.

And thats where bitcoin comes in for people in countries like mine where government have not come out fully to support bitcoin, or when Uber has not integrated bitcoin into their activities. What I need to do is just to ask my driver if he is aware of bitcoin and open to receiving it as payment if yes, then the issue has been solved without any controversy.

That would be a good idea if its cheaper or easier to move as I can just wake up one day, pack my bags and move to Europe or America to live? No, thats now how it works if you dont want to be a fugitive for the rest of your life, there are rules and regulations that guides mobility from one country to the other except the EU which entrance into one country or citizen of one country, grants you access to another but that will be a mistake because their policies will be similar. In that whatever push you out from one will do same in other of the countries.

To be domiciled in a country other than yours, will require several documentations to file with and as a foreigner, its even tougher with various regulations with the embassy, customs, immigration and the likes.

However, the other option out is to just get a trust worthy partner who will then open the company in a more conducive environment and returns will be forwarded in due time or an arrangement is made where the citizen of the intended country then form a company but employ the other foreigner as an expatriate with that, working permit can be sought accordingly.

Since its still under speculation that China will ban or has banned bitcoin even though the chances of this happening is slim, neither have I read where the alternative you have suggested wanting to be approved by the Chinese government.

Don't you think it will even fail in its entirely that across the crypto market it will be seen as sheer hypocrisy for the Chinese government to ban one crypto currency and at the same time approves another. How you think they would spin it, I don't know.

Also, if they think they want to push Antshares, they would have to pump it real hard and make money for the entire market which will eventually be dumped in no time by which time, bitcoin would have recovered and even greatly because loyalty sometimes cannot be bought.

If this is what is obtainable in a country like the United States, then every other country is something else. But truth be told the minimum wage is a farce which should not stand. Over here too, minimum wage is just a some amount of money that you are given not to die and its for the least educational qualification.

However, I don't believe the cost of living in US across the states is the same thing as over here, in some states, the minimum wage can sustain you to a large extent and even be comfortable. If not, it would have been reviewed upwards.

The part of the rich making life expensive for the working class to live in is everywhere and the worst case scenario is to live the major city for them and move to the suburb or developing cities where cost of living is relatively low and affordable.

I really don't understand why we always want answers for everything. When transaction fees were so high, the complains were too much with so much blame given to the miners which I am sure a lot of them took blame for.

Several innovations were done to bring down the price among which include the BCH and finally we has SegWit for a nontechnically inclined like myself,  understanding the basis behind that will mean giving myself unnecessary headaches which I cannot afford to have.

What matter is that, we are reaping the benefit of SegWit and that the entire episode, panics, crash was not a waste after all. Let's all enjoy the season pending the time attention will have to shift to fees again and whether the low price is caused by SegWit or other factors, I am less concerned.

This is really a difficult question to answer and it's due to everybody greed that they wanted bitcoin to reach so high so they can be rich but in the real sense even if it reached that amount. A lot of people will still sift pedalled and say "hey, why don't I wait a little bit its going to reach $2 million in 6 months".

The only thing that would make one cash out and not regret is to do it once and never looked back, shut out everything that have to do with bitcoin and continue with other areas of life because with constant checking of activities on the forum, speculation threads,  news around the globe, countries adopting bitcoin for foreign reserves, one is sure to die of frustration very early.

Hackers that asked for ransom in bitcoin have it at the back of their mind that they the chances of them being caught is very little and with the sophisticated technological break through, its possible they are never caught.

On the issue of whether they can be tracked or not? Yes they can if the relevant government dedicate its resources home and abroad to finding them but the question to ask is that, they money they are after, will it even be enough to cover the costs of going after them?.

Although, going after the hackers will the toughs but that does not mean they cannot be caught. It might take time compared to if they use fiat, but its not forever. It has happened before and it will still happen so they should not rejoice yet.

If the news had come 5 years ago, although according to historical account it came 4 years ago, it did came and the effect was massive but the price was able to recover after a long period of time. But this time when the population has increased largely, its safe to say that acts as a buffer against the news and thats why the fallout was still within acceptable range.

In the future when the expectant population of people who believe in bitcoin has increased and multi-nationals use the currency as well as countries adopting it, effects of news like this will only be marginal or not affect it at all. Till then, we still have to live with this and hope to get out this recession pretty soon.

The moment we begin to understand that by default, the price of bitcoin will raise and fall the better for everyone and the forum  for the need of several threads created for the same purpose all over again.

Bitcoin price as at today will continue to witness the volatility even without any news at all. Not to talk of the moments now that the uncertainties abound. Every reason anyone can give cannot be unattached to what we already know. Just go about your business, trade like normal, if you are not sure of the future, maintain your position and you have less thing to worry about.

There is a default code that when you entering into a new line of trade or business, there is need to understand the proper code of conduct as what is applicable in some other places, could be an abomination is another sphere.

This is clearly to new traders to always do their research well before going into bitcoin in which if they had done, there wont be need for the cry of panic trading at the end in the process of being smart, they are actually taking a less smart decision which makes more money for those already in the game but the  part that got me worried, is that only few stay long enough to understand the cost of their decision.

There is hardly nothing to be done since we cannot control the media, neither can we stop people from posting several FUDs but what we will do is to always encourage a proper understanding of how bitcoin works before delving into it.

If that is what you wanted then be sure you are in for serious business because there are a lot of competitors that have even established themselves up to the point that even prospective participants are the one recommending them, you have no other option than to force your way in couple with your low rank.

What you need need to do, is to be ready to PM every projects coming in asking for a chance to manage something maybe their Twitter or Facebook from there you can graduate it further. Some will ignore you, some will give you the chance.

Another way to go about it is to ask established managers to give you a chance to offer an extra hand and with that, you can get a project to manage by leveling on the experience of co-managing such project before.

If its not coming from the forum administrator, then it cannot be trusted and maybe its due to security issues and control that's why Theymos is not supporting the idea because I don't see him just willingly not supporting the idea on an iOS without any tangible reason.

I have seen applications built for the forum that uses details and algorithms in the forum and its still working which I feel Theymos input or approval would have been gotten before having such access. Example is the bctaccountpricer website that brings down practically everything that has been done on the forum from the beginning till date.

Although, I detest anything that have to do with cloud mining because the scammers embedded are more than the real ones but truth be told that hashnet has proven itself to be part of the few that have garnered the first of investors even on the forum despite the challenges and their deficiencies.

In the case of closing down in China, you made the right decision that any reasonable person would do but at the same time, if you had made a loss then you probably made a decision under panic reason being that, Hashnet management are aware of the current issue and I am sure they are planning around it.

If there would be any need to withdraw they would release a statement and so far that is not out yet, it means that several discussions are still ongoing between the players that will be affected and government.

There is little understanding in what you have typed which I feel its the work of Google translator as its obvious OP is not a native speaker but from my little understanding of what is there, I would offer some advice.

The coins is gone and its not coming back unfortunately there is nothing you can do about it. Stop wishing you had done otherwise or exercise some special care or maybe you should have trusted that site or individual, it does still not change anything. Some people have passed through what you going through already, I have had my own share of scammers.

What is left is to start from the beginning. The one you lost, you must have gotten it from somewhere and that's exactly where to start. It won't be easy but slow and steady, you will get there and the good news is that, you will enjoy the benefit because this would have given you the lesson you required not to do the same mistake again.

Don't also, allow that loss to turn you to something else in that by all means you want to get it back that might then push you to doing something immoral or unethical.

Virtually all gambling sites have deposit bonus ranging from 10% to even above 100% but the you need to understand the conditions attached because that is where conflicts usually arise and there will be claims and counter claims on who is right or wrong.

Some sites will allow you have access to the bonus only if you wager some amount. While some will put it in their conditions that any winnings made on bonus cannot be withdrawn among other several conditions.

In summary, before you commit yourself to deposit huge amount in other to claim the bonus, be sure you read the terms and conditions so you dont have the need to open a thread in a scam accusations sub-section of the forum.