I really dont see Arsene Wenger leaving Arsenal any time soon. If he would be sacked, he would have been sacked and the management does not even care about what the fans are saying because they know that the love for the team is beyond the manager or whoever is coaching the team. When people vow this season not to support Arsenal again, you just see them chanting and running back even if its just one win.

What the Board are concerned about is money coming into their wallets and thats what Arsene Wenger is doing for them and when he is through, he needs to just retire and go home because I doubt if any team will want to hire him and Arsenal board is helping him buy the needed time for that afterall, he is always maintaining the top 4 position season in, season out.

Wanting to be rich does not mean being wealthy which is what majority of people here are after and being rich is a subjective statement while to some others, it means having the opportunity to eat three square meals in a day, while to some other people, it is purely ability to live in a comfortable environment,

It is a known fact that everybody can not be rich but at the same time, there is no fundamental law that states we have to remain poor. Its a matter of decision of either wanting to stay poor or break the shell, stretch yourself, seek knowledge to break the chains of poverty.

My definition of being rich, is not so I can be on Forbes list primarily, if it comes, so be it. But, its just to have a comfortable life. One that is devoid of worrying about the future, worrying about what to eat tomorrow, what to wear a comfortable home to live and other basic necessities of human existence.

Give me all that, and I wont bother anybody. Thats exactly my definition of being rich.

Six days after this panic was announced, we have seen several movements of ups and down, Bitcoin touched $4000 within this period and currently trading below the $4000. But this does not move me at all because we all know that the volatility is here to stay at least in the short term and there is nothing anyone can currently do about it.

What is of essence is what will happen after this turmoil period which is with the good news happening around and the next ones coming any time soon. The only advise to anyone is that rather than panic, do two things;

1. Buy more if you can afford it because this period might not come again and

2. Keep the ones you have because if you sell, you will be surprised at the amount of profit you would have made if you had waited for this period to be over.

There is no way to completely remove the Chinese from the scheme of things and saying that bitcoin is growing without the Chinese market will not be totally true because the market alone does not go around the exchange sites which the search light on at this time. But dont also forget the impact of the mining centers available and they either make bitcoin available and even transactions confirms which means without them, there wont be any market after all.

I quite agree with the tighter exchange sites coming back because I dont see any sane country who have dominance in a currency of the future throwing it away just like because they could not control it and another country is ready take charge and dominate. So, they are coming back and this time, the price might reach unimaginable height.

I am sure the compensation paid is what necessitated the asking of this question but at the same time, these people earning as much as you envisaged, have paid their dues.

They didn't wake up one day and decide to be managers but have been active and important stakeholders of the community who have paid their dues right from the beginning and didn't compromise on integrity even when its really tempting.

Imagine a campaign manager holding thousands of dollars for several participants and for several weeks, while some individuals will scam of few hundreds of dollars.

Some of them will have to be online for several hours to ensure participants keep to the rule couple with several allegations against them in case of any flop.

When you put all this together, then you can effectively estimate what it worth, to become one and the amount that should be paid.

Personally, I wouldn't want to be seen playing in a land casino and even the small bet shops around the hood, I don't go there not because I don't gamble but because the category of people that visit such places are mostly street urchins and they are being looked down at by the society as morally deficient.

For the land casinos, its not popular around here as the standard ones are only obtainable in airports, big relaxation centres and hotels in which the cost of entry alone could amount to several thousands of dollars. I obviously cannot afford that at this moment.

The only option is to stick to my bitcoin betting where I can do one I can afford whether its Satoshi or BTC.

If I want to do something of such, my best guess will be Africa and its because of the following reason;

1. The environment supports entrepreneurs which means there are less policy to comply with as an entrepreneur.

2. The cost of doing business is relatively low compared to other advanced countries in which several licences and regulations have to be obtained and complied with before running a successful business.

3. The market is still in the infant stage, although the popularity is increasing on a daily basis, but its still cannot be compared to the advanced countries which means with the right advertisement, a quick market niche can be created.

4. The most important, the financial system is not fully regulated which means there will be direct conversion to fiat with ease without raising any form of suspicion or having issues with the authorities.

Combining trading with day job is one herculean job and having to it manually every time makes it very difficult to do and because the market is 24/7 the tendency to lose out at the peak price is very high as you will have to sleep or get engage with one thing g or the other.

What I do basically is hold for long say set a target of two weeks but check in on a daily basis to know if the target is met, if not I close then come back later. And because I hold just few coins I follow my instinct in buying, I took absolute responsibility as to whether I sell or buy at the appropriate time.

The only thing we have to do is to wait. Since the Chinese government can only control exchange sites within their own territory and the internet with exchange sites domiciled abroad, we then need to wait on them to roll out plans on how they want to ensure total compliance on this new rule.

The road map will then give out what punishments await those who flout those laws but they should know the costs of what they want to engage in because that would mean screening every fund that comes from abroad or money from other exchangers such as PayPal, Payoneer, truelancer, fiverr among other means money can come from abroad.

Chinese citizens will to come tell us the clamp down post September 30.

The economy of a particular country is so diversified to be controlled by just one factor alone which in this case currency. What is being used to control an economy is not only on the basis of currency, because beyond currency are other factors which individually or collectively will determine the direction of the economy which include the political landscape, the banks, the private sectors, education sector.

Even the non contributory sectors of the economy such as the military, the justice system, the police or the social service are not left out in the scheme of events.

So putting all these together means, I don't see bitcoin controlling the world economy not now,not in the nearest future and maybe in the farthest future, it might be possible.

Poverty can never be eradicated from the land because there is no way we can do it, some people will still remain poor and everybody can never be rich. Even if everyone has access to the treasury, some people will purposely decide to be poor and that's why you see someone who is able to work without any form of disease or incapacity still begging on the streets.

What bitcoin will do is to move the life of those who are ready to push themselves beyond the ordinary and thirst for new knowledge on the new way of making a living.

Your position is quite better, some others bought ETH at the time it was above $300 but they didn't give up hope. I think your line of action is quite OK because you know the right option to hedge against your losses but at the same time, you need to be careful not to leave a better of situation to worse of scenerio.

There are several ICOs going on with some that have proven their worth, while some more others are just noise makers. Make a lit of those that are of interest, and spread your investment on them and do it early in other to get the bonus at the right time.

I wish you all well in getting the right combinations to invest in.

From where I see it, its bad in its entirety. The Chinese government might see it as the best line of action but to the crypto world, its bad in the sense that, if they eventually decide to reverse the order it means that the exchange sites must have given in to some additional conditions which might not be unknown to the general populace.

If the order is push forward and all sites shut down, it then send a message to the rest of the world especially entrepreneurs, investors, and corporate bodies looking to set up and finance project in the crypto industry to think again and be sure that's the right route because after they must have spent a lot of money, government might come to shut it down.

In anyway to look at it, the costs of this decision, has outweigh the benefit.

You must have think several people will start patronising you just like that. A newbie and the first post is about how you want to track down scammers.

You know what, a visit at the scam accusation section of the forum will get you enough clients to begin with. At least we should expect that you do some pro bono cases before trusting you with any new ones that would involve any form of payment.

Goodluck in your quest to look for lost money of those that will trust you with further money.

I completely agree with your submission because it obvious some forces are at play here, and most time from the way I look at it, they use the current phenomenon or latest trend to their own advantage so that people can see something to attach ongoing scenerio to and divert the attention away from them.

Yesterday the news of a date for closing down exchanges filtered the air, price of bitcoin plummeted and today price started showing significant increase without any news to discard the one of yesterday to the best of my knowledge. It then means that the news itself is not what cause price to fall but some others factors ridding on the news.

Things that have come before us and things that will come after we done our part and gone, will have a future but the concern is, not everything have a bright future.

The subject of discussion would be on whether the future of bitcoin is a glorious one or dim one. As it is easy to say by virtually everyone who  has commented about how glorious the future of bitcoin is, without having to provide objective evidence to support such claim.

I will want to differ that that future that we are all envisaging or wishing might turn out to be a myth if something drastic is not done by major stake holders in the crypto scene because if things are going this way, it won't be long before people will start abandoning the favorite ship.

I love this analysis and I would agree that the price at this time is really not something a pump will occur in that people who are even holding, are waiting for an improvement in price before they cash out which will mean a loss in the making for whoever will be taking that decision.

I think the approach of the $40 million will work when the market settles a bit from the panics that all these have created for everyone to know the true position of things before we can then start talking about healing our wounds.

As at today, its no longer a form of FUD rather its being confirmed and the line of action we should be talking about is the shock absorber which I doubt bitcoin has at this time.

What we are tend to see in the coming days is the crash that I don't think has been felt before but also the time lag for the exchange site to close down which is enough time for a change in policy to occur and that's what I will have to hope for now.

What I have lost today in this scenerio is what I termed 'unrealised loss'. I believe quite a number of people will fall in this category because the loss is one that have been made by the reason of holding, the loss came as a result of the drop in the value of our investment from what it was some days back and not as a result of sale.

Currently, I have an unrealized loss of about $100 because I made some some not too long ago and that was when the price was in the region of the $4,500 but the loss will soon turn to real profit soon.

I must confess this is one for the trying period of bitcoin that I have seen since the beginning of my foray into cryptos and its really difficult to know how low it go, but at the same time its all good because it has change the story from some forces are forcing it up by pumping to the situation where a news of September ending is attached to what we are facing now.

I am still optimistic that the price will bounce back to what we all wanted in due time. For me, I am holding and nothing is making me sell at this time and I guess the Chinese should start knowing that now.