The economy in Venezuela is in a state of hyperinflation isn't it?  You could definitely go into Bitcoin as a way of avoiding unstable fiat currency, but mining is definitely a high-risk investment and some people will never get ROI.

With those kind of electricity costs though, you should definitely do it as long as you can keep your miners cool and safe.

It really is impossible to analyse.  The fee market would be less competitive with larger blocks and transaction fees for them would probably be lower, but the less profitable mining is, the less people mine and therefore it becomes more profitable again - it's self-regulating so any changes won't change the revenue relative to hashrate too significantly.

It's usually called arbitrage betting, and it's impossible to achieve over 10% per week with that method.  If you're lucky, you could do that in a month.

It doesn't matter how covered or popular it is if you're not doing it, and we can't verify that you are.

I would say that it's due to rising Japanese adoption, but actually it's probably just because of the fact that bitFlyer seem to have a pretty significant monopoly as a Japanese Bitcoin exchange while Western exchanges are split into loads of different exchanges. 

Normally you'd expect number one to be an altcoin exchange but even Poloniex seems to be losing its monopoly due to problems with lag.

Don't present her like she's just an innocent Bitcoin owner who suddenly got raided by the police.  She's clearly a serious criminal (or let's just say a criminal who has a lot of money - clearly she's a complete idiot for doing a transaction over $10,000 without declaring it one way or another).  Do your research before posting.

Deposit and withdraw are odd ways of phrasing it, but exchanging them for fiat currency would be a lot easier using a reputable exchange (not that you should leave funds on them for a long time).  You'd have much lower fees signing up to Bitstamp or Coinbase and buying/selling instead.

Unfortunately what he "told us" changes regularly as he periodically becomes wrong.  Note how he was talking about a drop to $300-500 around January, and a drop to $800 around March.  He has no consistency in his view and is wrong every time.

Maybe he's just butthurt about selling too much early.

Wow, for a scamcoin they've put a lot of effort in.  Some of them just throw together an annoying presentation or website with loads of spelling errors and let it be.  Onecoin are going the whole way when getting loads of naive investors to throw their money in thinking they'll get rich on the latest original cryptocurrency.

Bitfinex are clearly not solvent right now.  They haven't been processing fiat deposits or withdrawals for a while and frankly with the crazy premium on the Bitcoin price and everything you'd be very lucky if they keep up those for long.

I don't see it as likely that they'll respond.  Their support must be dying of exhaustion right now.

While the decision of what charity to choose is down to the user, the charity will never have the exact thing that they want.  It's a bit like democracy - you could become a representative if you wanted, but most people will instead support whoever most closely aligns themselves with their views even if the two differ on some minor issues.

With a charity, which is a voluntary contribution, it's nice for people to feel that they have control over the charity - it's like a direct democracy.  No one actually has to vote, it's just a useful option and then if you didn't vote, there's no point in complaining about where your contribution went.

It's actually pretty easy, because the average Joe is generally less stupid than people think.  All they have to do is back up their computer, or have a hardware wallet, or write it down on some paper which is hidden somewhere - it's actually quite easy really and people often even burn their bank details and reports.

The main reason why people sometimes lose their passphrases is that they're tech geeks and they care a thousand times more than the average Joe about their security.  It's just transferring responsibility from the bank to the user.

Fortunately I haven't used BTC-E, but I'm skeptical about the chances of you getting out of that death trap.  There are already unresolved scam accusations about them withholding older accounts despite documents being provided.  They're also no longer accepting deposits and who knows if they're properly solvent.

For most people, currencies are the only store of value.  People hold their money in bank accounts or in cash and regardless of whether or not they expect it to rise, they definitely use currency as a store of value.

Bitcoin is what it is.  The label "cryptocurrency" is somewhat true, but that's just what people call it (and satoshi regarded it as digital cash, but he doesn't have to be right 100% of the time).  Bitcoin is the gateway to digital cash - it's like an alpha version of a game that can't have its code changed to a full version.  But unlike an alpha version of a game, it's very stable and effective for what it is, which is a means of transferring large transactions, trading between different online currencies, storing value, and verifying things on the blockchain. 

Sites like this are completely obvious and anyone who puts money in without checking how reputable the site is carefully (fake reviews are usually obvious too) deserve to lose it, frankly.

When it comes to slightly less obvious programs (like Ponzis) people can just buy scripts for really cheap and put up the sites without really any effort at all.  That part is important for everyone to know.

He was basically saying that Bitcoin will be the master - iamnotback described it as a "settlement layer".  I think they have a point.

Satoshi's clever idea about immutability will make alts create a better currency for everyday transactions as competition to Bitcoin, and since Bitcoin has a more predictable supply than Ethereum it can be used as the ideal store of value.

I'm quite sure that you can convert Bitcoin to fiat and not withdraw it.  As a merchant, you'd probably want to just convert it to fiat straight away and withdraw it over a while since you know you'll have the same amount of money.

If you can't wait for that, the only thing you could really do is keep the Bitcoin in a Coinbase wallet, then send to other "reputable" exchanges (all exchanges are slightly shady right now, but you could do Bitstamp and Kraken) and withdraw from those as well which would speed up the process a lot as well - don't try deposits to BTC-E or Bitfinex, they're not accepting them right now and might not process withdrawals again for a long time, if ever.  Same applies to Chinese exchanges, you picked a bad time for exchanges.

Your other choice is LocalBitcoins which is a peer-to-peer exchange.  If you did that you could do a bank transfer in person or take cash, but there's always a slight possibility of you getting scammed and since you don't have any reputation on the site a lot of people won't want to do deals with you even though cash transfers require less trust.

He didn't just say it was used for Ponzi schemes, he said it was a Ponzi scheme.  It is used for Ponzi schemes all the time, so it's a big difference.

India is the biggest democracy on Earth.  One politician who wasn't that significant and goes on about it all the time isn't going to convince their Parliament (his name was Kirit Somaiya, I think he's just a Member of Parliament).  The closest India got to banning Bitcoin was the statement by the Finance Minister which was:

So really, significant politicians aren't quite against it, just cautious.  I understand their concern to some extent - after all, they are trying to run a coherent society with taxes and laws.  It doesn't mean that they have to try and regulate every Bitcoin transaction - it just means that they can regulate exchanges and prevent Bitcoin from getting in the wrong hands, although that does contradict Bitcoin's commitment to online freedom to some extent.

Technically it's allowed.  If you actually do it though, the chances are that you will get negative trust (and if people find out which account you bought, that will as well).

Account selling encourages spam and it really isn't the best road to go down, even though admittedly there's zero chance of you getting banned for it.

Looks like we're finally through the giant cup and handle formation that's been happening since 2013.  I have no idea what could happen now - it could break further upwards but I can't see any events which would make it happen.  The tiny liquidity on exchanges is making the price unpredictable and my head hurts.

That website is pretty bad at analysing sites.  It's impossible to know which sites are scams without real human input, and the site might well involve shady activity itself, especially considering all the typos and annoying ads.

Now it looks like this "revshare" has changed its terms to give people more money or money more conveniently.  When it's a Ponzi scheme, that's always a sign that it's coming to the end.