the timing doesn't matter as much. what matters is that none of the reasons why they denied ETF in first place has changed! mainly regulation of bitcoin, which has not changed yet and despite bitcoin being regulated in Japan and some other countries it is not yet regulated in US and that's what matters.

banks are essentially service provides with money. and since bitcoin is money and it is getting a lot of traction these days, it is obvious they want in on it. if they start accounts giving profit like what they do with fiat they can attract a lot of funds and then use those funds for whatever they use fiat funds for and make a lot of profit.
not to mention all other methods of making money like giving loans, credit cards, ...

then please sell your coins and get out before it dies on you. the rest of us will be more than happy to have a tiny bit more of this scarce cryptocurrency available to us.

bitcoin developers are just developing, the whole network should accept it. miners and users.
if you want a proposal then start supporting it.

this is never going to happen. because you think these current existing altcoins are better because you have not yet used them. but when you get to know them more in details, start using some of them, run a wallet, ... then you soon will realize that these things aren't meant to be used outside of an exchange platform for trading only.

you are caught up in the temporary pump and meanwhile pumpers are getting rich because you think like this.

we are a long way from that day but this can happen, I agree.

I am just sharing this from reddit and posting it in bitcoin board since it is SegWit related for the most part. and I am only interested in that part.


link to the original reddit post: https://www.reddit.com/r/litecoin/comments/6azeu1/1mm_segwit_bounty

here is to hoping Litecoin clarifies as many things as it can about SegWit so we can finally move on from this bullshit state we are currently stuck in!

so you had $3 litecoin and sold it at $10 and made a huge profit of 233% and you are sad about it? I don't get you! that means if you had 0.5BTC in litecoin you had sold it for 1.165BTC are you are still sad about it?!!

and besides even if you missed the higher rise, nobody was preventing you to jump back in. I did that at least a dozen times. I buy low sell at the first high, then when it dips I buy back and sell again at the first high. it can be 10%-30% profits but it accumulates to a much bigger profit. something like 500%

you are making a wrong conclusion.
you say since an exchange platform was hacked, then bitcoin is not suitable to become a world currency!

it is like saying "the other day a gang came into a bank with machine guns and emptied their vault so fiat is not suitable to be a currency".

also I believe you have to clarify the subject you are talking about. is it "bitcoin functioning as a currency/world currency" or is it "bitcoin price and if/how it is manipulated".
these two are different but you are making conclusion from one argument to another.

if everyone holds then price stays stable!
you have to buy bitcoin for the price to go up and you have to sell it for it to come down. and in the past years people have been buying more and more bitcoin, and although many of them are just holders but many more are new people with new money coming in to buy more bitcoin.

the reason why the basic unit aka satoshi has no value compared with all the things you listed is that all those things have been around for a very long time, people understand them. Gold has been around for thousands of years and always had value!

with bitcoin, everything is new. people don't understand it, it is not physical, it is a new technology, ... so it takes time to reach the same parity.

that is what I always give as answer to someone who asks me about satoshi and why it is not the same as cent or other small units.

all these drama and civil war is within the community and if you for example close down reddit and bitcointalk and only continue using bitcoin you will never even find out about the drama!

and as for unconfirmed transactions again if you only have a good wallet that suggests fees correctly you see that sending bitcoin has become more expensive, again no drama, no delays in confirmation, nothing.

and price has nothing to do with all this. it was a mini bubble that had to be corrected and will correct just like always.

none of this warrants "losing faith in bitcoin". you still are using the same bitcoin as you were using back in 2009

there aren't many things that can be told inside a comment to a general question that you asked!
- read this board, it is filled with similar questions as you.
- start using google to search more about trading and learn the basics
- use youtube to find some trading related videos and watch them to learn more.
- start looking at the market for some time, it is never a waste of time if you start staring at your monitor and at a live market while prices change up and down.

you are talking out of excitement
$6000 is highly unlikely to happen this year. we are not yet at that much adoption. the current big rise is mostly because of the hype about mainstream adoption but also partly because of the real adoption that happened in a couple of big countries.
and also as always, when price rises and bitcoin gets some positive media coverage, new money comes in, a lot of new investors a lot of new bitcoin users come in and that always creates a bigger rally.

but $6000 needs a lot more time for these adoptions to grow.

haha, this topic is so funny.
have you even checked the Chinese prices lately! I suggest checking it out when you got the time, go and convert the CNY price to USD or any other fiat currency you like and compare them.
hint: CNY price is about 20 to 30 percent lower than any other price, so if Chinese could do anything they would start buying the shit out of bitcoin and price would shoot up even more.

price will come down at some point but that is not called "crash" it will be a correction and it will not be big.

but nobody can tell you when that time will be! or what the final price is going to be.

look at the history of what has happened and try finding reasons for each of them. that can give you a pretty good picture of what you are dealing with.

and here is the iconic 1 in a million price topic: https://bitcointalk.org/index.php?topic=1790863.0

this is a simple picture I made 3 months ago from the past 2 and a half years of price rise.

it will all come down to what you are planning to do with bitcoin!
1. as an investment the "common man" shouldn't care about what price is but how it moves up. if you invest $1000 at $1000 and it goes up to $2000 you make the same profit as you invested $1000 at $500 and price went up to $1000 (2x) in one year for example

2. if you want to spend bitcoin, then again you buy $1000 you can spend $1000 and as it rises you get some more buying power as price rises for example you get $1200 when it goes up 20% and even more if you get discounts, you can even get up to 60% discounts.

it is very hard to predict things because usually what you logically predict will not happen and instead what people think is best will happen
for example if they need a correction the FUD will be Chinese are gonna dump, run for your lives and price comes down.
if the time is good for rising, then the FUD will be Chinese are coming back to pump bitcoin, buy for your lives and price will go up!

but I think in reality, since Chinese bitcoin price is so much lower than everywhere else, there will be a lot of buying instead where people deposit a lot of fiat (CNY) to buy cheap coins.

I am not an expert in this matter but from what I understand and things that I have read, as long as you can pool the work for mining somehow it will end up becoming what you can call "centralized".

it is highly unlikely.
you can add a lot of tiny little features to bitcoin as much as you like but making a big change which is requiring a consensus is not going to be easy or even possible.
as Satoshi has said "The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime."

2013: price went up from $200 to $1200 in a month which is a 500% increase in one month.

equivalent of the same scenario in 2017 means going up the same percentage of 500% or at least near that percent.

from $1240 (exactly one month ago) up 500% means we should currently be at $7,440 which we obviously are far off!
going up from current $1850 up 500% in next month means reaching $11,100 until end of June.

and lets not forget that we are only up 72% total in this year and bitcoin has been rising 150% to 200% in previous years without good news such as adoption of a big country such as Japan, Russia, Australia, Canada, India, China,... as a currency.

we can not say this or that, you should have reached an agreement before making the exchange with him.
I usually sell p2p too, but our agreement is that the buyer gives me a price and if I agree on it, I send the transaction to him with a proper amount of fee which can be confirmed within next couple of blocks and he sends me the amount we agreed upon.

thinking the way you do goes both ways, if he insisted on paying less ask him if he would have paid more if price went up like $120

then pigs must be flying right now, all over the world because bitcoin is being Legalized as a legit currency in many countries, initiated by Japan and followed by a lot of other big countries. and the IFs seems to be happening as we speak.

2 huge countries in one place: www.cnbc.com/2017/04/12/bitcoin-price-rises-japan-russia-regulation.html
our Aussie friends are hard at work too: https://cointelegraph.com/news/bitcoin-to-become-just-like-money-in-australia-july-1

https://www.google.com/search?q=upgrade+bitcoin+pow
result #1: https://bitcointalk.org/index.php?topic=1833391.0 (Bitcoin PoW Upgrade Initiative)