Let us save some time that the greater fool theory will only apply to people who just buy Bitcoin without even a strategy. I am not against buying Bitcoin at a higher price but there is always a right time to buy it, if the high price is justified by the price chart then you will know that buying Bitcoin now is good. But if the price chart is not clear then you better just sit the price action down until it settles.

It is still in the discretion of the holder. Even though Bitcoin is designed as a currency its volatility is very profitable where spending your Bitcoin will weaken your position. The user or the holder is the one who will decide when to spend, liquidate, or convert their Bitcoin as it always depends on their personal needs which varies from person to person.

Some good news here, this is some "If you can't beat them join them" scenarios which the government seen that Bitcoin being popular in their country is inevitable that limiting the usage of such cryptocurrency will only damage their country. Good thing is they adapt it and used it to their advantage, using their police powers to monitor and regulate all exchanges is a big step in order to avoid big crimes which is one of their main concerns. Having able to facilitate these kinds of transactions will be crucial to their success.

I guess the price increase of Bitcoin this year is due to the noise it is creating with the mass media and also in the social media as what it has done is it made people aware and also interested that something like this existed on the internet. With Bitcoin exchanges having hundred thousands of new traders everyday and still growing you will know that a lot of people are interested to get their hands on Bitcoin. I just hope that this quick rise will not result into a quick fall, but let us be prepared for what is coming.

It isn't. The buying and selling of Bitcoin and other cryptocurrencies is not called "investing" but "trading" in here you take advantage of the price movement to take profit. Investing on the other hand relies on the real value of something that will increase overtime, it relies heavily on fundamental analysis in order to know if it is good for long term profits. Bitcoin cannot be an investment as you really don't know what the real value of it is as the prices is determined buy the buying and selling pressures created by the traders.

Another satisfying game given by the Minnesota Timberwolves today, they have now won 5 straight games which they haven't done for a long time now. The starters of the team showed that they can win comfortably, I really think that the fans are not used to seeing them win like this as the crowed today is not as noisy as when they are winning in close games. Looking at the performance individually I think Gorgui Dieng showed the most out of his time scoring 15 points and grabbing 11 rebounds in just 18 minutes of game play.

Hopefully the team will stay healthy already Jimmy Butler has missed a lot of games due to illness the good thing is it is nothing that serious. Currently the Minnesota Timberwolves is sitting 3rd in the Western Standings which the Houston Rockets and Golden State Warriors are sitting 1st and 2nd respectively but the only reason they are leading because they are ahead of 1 game from the Wolves which their record both holds 7-3 while the Timberwolves have is 6-3.

There are similar posts like what your thread has, and one example is this. Before you ask questions here in Bitcointalk, try to find the answer first here in the forum as your question has been answered many times before. Also if you really want to learn the best thing you can do is read topics that are available and if there is still something unclear to you then you can ask a question.

Youtube is owned by Google and being under there program is really hard to see for it to accept Bitcoin as one of their methods to pay their advertisers. Google is a known company that moderates and enforces law in their websites, such as Youtube blocking and deleting videos that have copyright infringement on them and also disabling some monetization on certain videos that have violated some of their rules. With that being said it will be a long time for Google to consider paying their advertisers with Bitcoin.

If people from wall street will finally join the market for Bitcoin trading expect a lot of volatility in the future at higher prices. These Investment Bankers and Big Traders really will have the big guns in their arsenal in their attempt to get as much as control of all of the supply of Bitcoin in the market, it will be more crazy and the price increases and price drops will be bigger if these happen. With that being said it will be impossible for Bitcoin to become a popular currency or payment method in the world because of its unstable prices.

It always depends on the user itself as even if you are on unfamilliar internet access all the phishing sites and .exe files they are asking for you to download will always depend on the user's action. If you are familiar to these kinds of malware and keylogger viruses then you know that it can be prevented by your action. From downloading anti-keyloggers, malware cleaners to you discovering phishing sites to real ones all can be prevented by you. Of course having more protection for your wallets is needed in order for their infiltration to be blocked.

Something rare to see from the mouth of a top executive. Lloyd Blankfein didn't talk crap or became salty about Bitcoin passing the market cap of the company he is currently managing, although he said that even though Bitcoin's movement are good he admittedly said that he won't still invest his money on to it. The most important thing he said is that Bitcoin or any derivative thereof can be the world's fiat currency, just by hearing this words come from the mouth of a CEO seems to be assuring that Bitcoin will stay strong for a while and will have a bright future ahead of us.

First of all I would like to welcome you in the trading world of cryptocurrencies. In trading there is no such thing as being "too greedy" as if your put yourself on their position you would also be doing the same thing, which is maximizing our profit. Whether it is your full time or part time way of income there is nothing bad about how long will you hold your growing asset as it is yours, you are the owner of that virtual currency, it is like asking for a real estate owner to sell their lots and lands as they will profit from it anyway and they need to give others a chance to profit from their land. Like what the movie Wall Street says "Greed, for lack of a better word, is good."

Sometimes the limitations on the supply will create the demand for Gold in higher prices but as of right now it is only showing that it is still on consolidation. The thing that will push the gold market up is a direct shift of investments and capital to its very own market, but how can Gold do that!? The simple answer is if these big investors see that Fiat currency isn't profitable or worth the risk anymore they will shift their money to Gold and other investments and the limited supply of Gold will help the price movement go up much quicker.

Amazon on the topic of accepting Bitcoin into their system as a payment method is not a problem. The problem lies here is if it will have a big effect on their sales by accepting Bitcoin as a mode of payment if the consumers will use it instead of other payment methods such as credit cards and Paypal. Of course the consumers here will have to decide if they are willing to accept the additional cost if they opted out choosing Bitcoin as a mode of payment, the transaction fee is really a big hurdle here as these buyers only really want to buy what the items really cost additional cost such as shipping are expected to come with the product's cost knowing that Bitcoin transactions have fees on the buyer's side will be a problem for them.

I believe that the surge of new coinbase users are due to the latest price increase of Bitcoin which gave attention to the new users to join late in the price action of Bitcoin. Also another scenario I could see is that these people who now have interest with Bitcoin has asked people who they know has knowledge with BTC and asked them how to start trading with Bitcoin, of course these new users will encourage them to invest in Bitcoin and will most certainly show an easy option to buy Bitcoin which Coinbase can offer.

It won't be profitable and efficient as what you think, even if you have sets of old phones at your disposal the power it has compared to a dedicated graphics card is very different. Also basing it on my experience I have tried to mine altcoins with 2 of my smart phones whom of which both didn't earn enough and it really maximizes your phones power as you will feel your phone rise up in terms of temperature so high that you wouldn't try it again as it will damage your phone. You will just waste your electricity charging your phones trying to mine altcoins with it.

We need to emphasize that the ban for Bitcoin is only for its function to become a payment method. Which means becoming as a currency in Indonesia will not be allowed, the government may be trying to avoid the loss of income due to the less taxes they will receive if Bitcoin will ever be a popular payment method in their country. But other than that they didn't prohibit other related actions related to Bitcoin such as mining and also trading which for people who want to earn with cryptocurrency is a huge upside for them.

That is the painful truth my friend unfortunately Bitcoin's purpose as a currency only comes second now as many people including me make money out of it and really it is not my fault I came from a country where cryptocurrency is yet to be use in any kind of transactions so mostly I am trap with trading and converting Bitcoin to Fiat currency. And why do you need to hate them or us? We are just taking advantage of the price movement of it we are buyers who are hoping to have a extra few cash for our expenses. And from my understanding at your age which is 16 you have decided to dropped out of school in order to go full time with cryptocurrency, which you are becoming a profit-taker yourself.

To tell you the truth Yes!!! Bitcoin's price movement in the past few days have shocked me and I might have sold a few of my Bitcoin a little bit too early as I have solve them around 6600$ because I really thought it was its ceiling for the week. But 7 hours after my sleep I saw news about Bitcoin reaching 7000$ and that is when I knew I have sold my Bitcoin early. I guess that the bulls are not yet done pushing the price of Bitcoin to a new price range.