Would be quite interesting to know who a good gambler really is? The one that is always depositing but never withdrawing from a casino or the one that is hoping against hope that his ship is on the way? Gambling is not an investment and should not be treated as such, otherwise the folly can  only gets worse. . Growing one's bitcoin, especially by beginners should never be calculated for in the short run.

Is it really true that skill with no luck would be futile? Do you know of any one successful lucky trader anywhere? As an experienced trader,I must say that it is very possible to have skills and zero luck and turn up quite successful in trading currencies, but it is near impossible to achieve same with luck and zero skill. Any trader relying hundred percent on luck, isn't really not a trader, his/her veritable place is with the casinos.

The first thing your must actually buy before the coins, is knowledge and experience on how trading is done. That would cost you time and money, but these cost should be nothing to worry about, because they usually come return and this time with children and grand children. So first thing first, the market is not about to come to an end today and there will always be other profitable opportunities.

You drifted there by your conclusion that being a skillful means not ever losing to the market and I can bet my farm that every trader, one time or the other loses to the market. But what separates some traders from the bunch, is that some are able to read the market better and as well as manage their loses appreciably well than others and that is what skill does for a trader. Every business has its secrets, without it, one is simply a spectator.

No country is really out to declare that bitcoin is illegal, because they know that would further give credence to it, take a look at what is now going on in China and Russia, instead of going under, bitcoin is now taking center stage in these two countries. The fact, is that the authorities are bothered about the decentralized nature of the cryptocurrencies, because it starves them of the power and control of people's finances, they have been used to and you don't have to be told why that is a source of worry for them.

I can't tell what is informing the idea that people would lose interest in bitcoin and consequently, it would become worthless! All that really makes no sense, because the likelihood of such situation seeing the light of the day is very very slim. Simple Economics, simply dictates that, whenever anything - a car, food,asset, even water, etc, just about anything that is worth something becomes scarce and for whatever reason, the price of that thing have no option than to rise. That is exactly what lies ahead of bitcoin. It is limited in supply by nature, it has some enviable value attached to it and so whensoever it becomes scarce, those who have some piece of it should be ready to smile to their banks.

Thanks Hyudien for pointing me to that! Was actually expecting a yes here, since there are no here, for those that were not accepted. All the same, glad to be a part of this campaign!

You said nothing about my application, probably you did not notice it? Check now and tell me if am in or not

I most say that while it is possible to collect satoshis from faucets, collecting whole bitcoin even in months is a pipe dream. Faucets can be worth it for a newbie for wetting their feet, but beyond that it becomes much ado about nothing, because it may never be even enough to offset  internet subscription. These days are even worst because the amount of satoshi faucets are giving out have further gone down.

Thanks for this post deisik, it actually threw good enough light on the puzzle on how activity is arrived at in here. Did register here well over a year, but wasn't quite active until recently, now I understand the reason am stuck at the "Member" level with 84 posts. So invariably, except am in a campaign, one post a day simply does it.

A regulated bank with bitcoin, how does that sound and how would that be implemented in the first place? Regulation is not possible with cryptocurrencies or the whole essence is lost! For a way to invest your bitcoin, I suggest to take some action yourself - do what Walmart did, living at the mercy of other site owners most often, leaves a bitter taste in the mouth.  Best investment I have come across so far in the cryptocurrency industry is to buy low and hold till it's profitable.

Buy and hold is good approach to trading made possible by the speculative nature of cryptocurrencies. A trader's task here is to buy low and wait until it is high enough for profit and then sell. Most of the regular indicators likeRSI, Bollinger bands, trendlines,etc can be of interest here in alerting when a low price is reached and I think, we're looking at an edge we don't have with trading just the fiats.

The last indeed, have not been heard of the doors that the blockchain technologies stands to offer. This time it's an encrypted messaging platform, which without a doubt is a very nice technological innovation, but one thing is that, it stands to face the same challenges products under this technology face and that is, the authorities not wanting to lose their control. They certainly would not support anything that robs them the power to listen in to people's conversation and that's the odd world we are in.

If you have ever taken time to go through your bank statement, you won't miss to see the huge disparity between the paltry sum banks pays as interest as against the Shylock rate they demand for every loan they grant. Though banks are here to stay, but the emergence of bitcoin and the blockchain technology is a game changer and banks are most likely not going to remain same. These days, I no longer have a need for debit/credit cards to be able to make international transactions and that is a hint of what lies ahead.

A big market does not know that a trader was absent and mining was made for bitcoin and not the other way round, so the remaining miners would have a field day making even more bitcoin should one or a few miners stop mining. Beyond that, new people would see this opportunity to make some extra income and start their own mine.

You may say so because people never knew any better, but bitcoin and the blockchain technology have given people another thought and that is as empowering as it is liberating. Your banks have ripped people off enough and you don't cheat people and call them stupid! Indeed, their motive for playing hide and seek with bitcoin is simply because they understand their chains around the people are broken.

Bitcoin is simply revolutionary, no one comes into contact with it and remains same. It is empowering and especially for the many people seeking income online outside of the first tier countries, who until now, have been marginalized by card companies, almighty Paypal and retail shops. If bitcoin have afforded you an opportunity to make money, don't be carefree, it's all for you to better your lots in life and claim your share of sunshine.

That must be a tentative list because no one country in that list is serious about turning its back on bitcoin. The most ridiculous is China and Russia and the other countries are of little relevance in global finance and they are toying with protectionism. China owns the most industrial mining rigs and mining equipment companies, as a matter of fact, Yuan trades now makes up over 70% of Bitcoin volume http://www.coindesk.com/yuan-trades-now-make-70-bitcoin-volume/

http://www.coindesk.com/russian-chinese-central-securities-depositories-partner-blockchain/

So who is fooling who? Bitcoin is here to stay

Something worthy of note here is the fact that bitcoin can double as money as well as a safe haven asset and already that is evidenced by banks resorting to it. It is enough that bitcoin is scarce, durable and cannot be forged and these are the qualities that makes gold a save haven asset, but on top of that, bitcoin comes with an international payment/settlement network and with very insignificant fees compared to what obtains with the U.S. dollar or gold.

Yes banks are not going anywhere, but they certainly will be operating from another point of view and this time, from mostly the point of view of peer 2 peer payment settlement. Those banks with mundane ideas set in stone, would have either to update and innovate or simply go under. Bitcoin indeed is an eye opener!