Did the prices disproved them otherwise? Bitcoin was soaring above 7500 yesterday and as of right now it is 7187$. Maybe the Bitcoin community actually are anticipating for Segwit2x after finding out they are cancelling it the price got down to where it is now. Nevertheless it is a good call for them to cancel it as we cannot risk splitting up the community as Bitcoin's growth might be tremendously affected. I just hope the price will settle above 7000$ even just for this week.

Remember my fellow members that Bitcoin ATMs are a business of people and usually the rates are will be in favor of the business owner. If you are looking for value and does not want to be outsmarted by these kinds of businesses you need to find another way to Buy or Sell your Bitcoin as you won't be getting your 1 dollar to a dollar trade with these kinds of interest rates.

Can I be the one to take the Sr. Member spot?

If I can here are my info.
Username: Theb
Rank: Sr. Member
Current number of posts:  1162
Bitcoin Address:16vZj4UcMzpgNomEHSVdUJArrwA9GKp4Dy

There is one thing in common when I see countries banning Cryptocurrency Exchanges, and that is these kind of services are not permitted to operate in their country. Countries like Nepal and China have banned this exchanges because they are running an illegal business. They are not doing this because they are against cryptocurrency but it is for the protection of their people because these illegal exchanges have the power to runaway with your Bitcoin and Altcoins.

The article you have posted about the growth of your money is an example of a "Perfect Scenario" where everything is assumed that you will earn after years of holding assets such as stocks in Dow Jones and also Gold, why I said its a "Perfect Scenario" because it is totally different from what is happening right now it is not that easy to invest or trade sometimes you need to deal with your emotion in order to stick to your plan but mostly people lose their money because of their emotions with sudden decrease of price they would sell instantly. The article also showed that 7000$ worth of products in 2000 now will need 10,000$ because of inflation which we will also need to overcome if we want to really earn something from out investment.

It depends, do you want to participate now in the latest price action of Bitcoin? Because if that is the case you can buy Bitcoin now rather than accumulate it to mining. You also need to consider the cost you will take when you choose to mine Bitcoin. The capital you will use in order to buy mining hardware can also be use for you buy Bitcoin. In my personal view I would prefer trading as I cannot manage to run and maintain my hardware which I will also be considering the electricity cost for its operation, it would take me more time to earn Bitcoin income in that way.

I guess it depends on what country you are in. Some countries have a stricter way of opening a bank account but some are easy and a hassle free way to open a bank account, for instance the country Philippines, you can open a bank account online creating your log-in and password first before submitting the required print-outs directly to the branch of your choice. I wouldn't complain if its hard to open up a bank account as you know security is the purpose for it in the first place.

The Eric Bledsoe trade was inevitable to happen all hope is lost from firing their head coach to intentionaly losing games this team is onbiously tanking as their hope will now depend on the draft and I think they want to build on it. Saw an article that the owner is the one to blame here. I mean look how they let go of Isaiah Thomas and Goran Dragic they wasted their center pieces for nothing now they are doing good for other teams.

That is just a precaution given to people who uses exchanges as even the most reliable exchange can be vulnerable to attacks. Not to mention that the exchanges have the power to hold your account when they want it. This exchanges are not the extension of your wallet as any time they can be shutdown by the certain countries they are operating with.

Surprisingly I have yet to see a European country that made Bitcoin an illegal currency. From what I know of some European countries are supporting Bitcoin without even the approval or the go signal of the European Union. Countries like Sweden and Poland does not see Bitcoin as some kind of treat for them but an opportunity for people who are willing to pay with Bitcoin. They don't see Bitcoin as a threat to their Euros as it is highly unlikely that it will takeover as the most popular payment method in Europe.

What will work for other asssets won't work for Bitcoin. It has been debated on more often now as Bitcoin's proce is above 7000$ and many people now are curious if Bitcoin is now overpriced. The problem is thatwe don't know how to compute Bitcoin's fair value even the Big Investors cannot throw a number onto it. The Buyer's confidence is getting weaker and weaker everytime Bitcoin's price goes up higher.

Nothing is really best it really depends on the individual on what suits him best from risk tolerance and also capital these are some factors that will make an individual decide what is best for him. Risk, obviously Bitcoin has the highest risk among them but it also has the highest reward. Capital, as not everyone has the money to buy Real Estate they might need to find something that they can afford like stocks or even Bitcoin. With that being said you cannot really choose what's best for everyone.

There is no chance of retrieving it back if it came from a Phishing site. Also seeing the addresses' total received quantity of Bitcoin is huge which is pretty unusual for being undetected us it would be flagged by now, having an address with 3 million + Bitcoins received is an insane amount to see. And may I ask how did you chance upon the fake website "electrumbitcoin.org" to let other members here serve it as a warning in the future.

Your argument is really not a valid point as what you are saying are its features about being a currency. It's trading we are talking about they buy Bitcoin not to use it as a currency but it is use as a tool to make money. People don't really invest in Bitcoin they trade with it as  we can only speculate the future of Bitcoin as there is really no fair value for it. The Buying and Selling of Bitcoin must be done in a monitored manner as anytime the price can change quickly

There is nothing wrong with the transaction as long as it is legal in a country and the prices are equivalent to its fiat currency value then it will prosper. The downside here is the buyer will lose a lot of BTC 399 is a lot to lose but if they are looking to settle in and that is what they are looking for I don't see any problem to the deal. On my personal opinion I won't use that amound of BTC to buy a house as it is a waste of trading position for me.

I don't think so if these individuals we are talking about are only rivh because of their assets it won't last long as they don't have their own businesses to maintain their wealth and to influence other markets in return. The uneven distribution of Bitcoin is natural for it as it is decentralized and  on its early stage it was easy to buy one at an early stage these people who have bought Bitcoin at a cheaper price on a large quantity are lucky people and will know benefit from it with today's higher price.

By now we must know that Bitcoin and Altcoins share a small market for them in which Bitcoin traders are also holders of Altcoins. When they see a big play is going with Bitcoin their attention will certainly shift to Bitcoin and what happens next is they will sell their Altcoin position in order to have more buying power with Bitcoin in which they are hoping to profit more. Every time there is a price surge you will notice that the Altcoin market will be in a bloodbath which is also good for people who are willing to pick up these coins at a discount.

First you must know if Bitcoin's crash will ever be recoverable as not all crash can have a recovery. Also remember that a "crash" is very different from a "correction" where in the latter selling happens because of profit taking while in a crash selling happens because something bad has happen which Bitcoin may not recover. So the best way is to buy Bitcoin when the price has bottomed out because it is when Bitcoin is at its cheapest price you can buy as of the correction or crash. By doing this you can maximize your profit and also have a margin of safety.

I have read an update about their situation, it turns out that their Central Bank only have issued guidelines (more like warnings) where people have been given aware of the scams and sites to avoid in paying Bitcoin. They have not prohibited the use of Bitcoin in that country but warned the people to avoid websites such as HYIPs if they don't want to lose their Bitcoin. It is amazing how the Philippines have it's citizens enjoy Bitcoin and other cryptocurrencies and how they issued warnings to protect their own Bitcoin.

Words like "Strategy" and "Estimate" don't go together as it doesn't sound like it is accurate. You even mentioning the word "overprice" to Bitcoin shows that you don't know what you are talking about since Bitcoin's value has nothing to based on because it doesn't have any fair market value. The upcoming Fork my advice is to monitor the prices frequently as it can change quickly just like what happened in the previous forks.