I really believe that Bitcoin will make the same effect to banks that youtube did to television ( at least).
This statement was made in a documentary from a long time ago that I watched.

So how far from that  you guys think we are now?

Bitcoin prices plunged from $4900 to $3300 withing pan of few days. Now some news-points from bitcoin world are claiming this price plunge was planned. Check following links:

https://news.bitcoin.com/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/
http://btc-flow.in/2017/09/16/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/
http://btc-flow.in/2017/09/16/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/

Now without going into whether above claims are true or not, my concern is "Isn't this is the right time to enter the bitcoin market or purchase few more". There is definite signs of improvement in the bitcoin price market. Current price is around $3757. It is quite possible to see bitcoin back to 4k to 5k or more. Given biggest players from finance sector are eying this lucrative market.
What do you think, is this is right time to buy some more bitcoins or wait and watch?

I was questioned on crypto currencies legalization. I explained the facts happening around. Few received it with convincing reactions and few just ignored it. I really felt bad for the guys who did not care about crypto currencies as I really know the fruitfulness? I happily taught few others about crypto currencies. What was your friends expression when you introduced bitcoin to them?

Hi I just got some extra money and I'm looking to invest, I want to invest in BTC but the price is too high for me,  what do you think will be the next BTC
one you can buy low and make a good profit when it burst?

Do you think that the HODL approach is good bitcoin?
Sometimes I think that because so many people HODL it makes is easier for some big players to manipulate the price.

I wonder what the community think about it.
I personally HODL for almost a year, I made some money and lost some money, But generally, I'm positive about the long run. I'm just curious about the fact that maybe we are the one who make it possible for big companies to influence the price in such an easy way

I think this is the right time for getting a good profit in the future. I want to give to advise that it is a chance for the investor, now buy bitcoin and hold for some time and you know what to do you can sale your bitcoin when the price is high.

The South Korea taking their move on regulating Bitcoin.

The government’s stance and actions thus far indicate an interest in encouraging blockchain technology and the growth of cryptocurrencies, but not at the expense of safety and security. Stated one trade ministry official:

"Any major reversal in policies is unlikely, but the government seems to believe a gradual shift in attitude toward crypto-based assets is needed. What regulators should do is figure out how to regulate them properly and prudently as Korea needs to put more emphasis on blockchain technology after obtaining knowhow and understanding of the possible flipside of cryptocurrency trading."

Read the full report: https://bitcoinist.com/south-korea-moving-towards-cryptocurrency-acceptance/

  For me it's clear, from the moment BTC went to the Dow it slide down and be played by the big boys.
  More and more we see up's and down's controlled by some big players between 6000 and 7500.
  Alt coins are following that vibe, and some step out the line but be pushed in the direction the big players want.
  I ask myself who is behind it, are governments behind it that not like the BTC and want it pushed down to get people frustrated.
  So frustrated that many of us, get sick and tired of the up line pushed down already few time around 7400.
  Ofcourse we are human, and after some push down's, we want to be strong and not give up.
  But we also not want to be that person that miss the boot, where the rest break and sell the BTC.
  It's almost 12 o clock when this price will go up around 7400 again, and drops down again i see a huge drop coming.
  And the faith in going up higher, will be lost more and more. And that is what they want.

  So what are you going to do ?   Am I wrong ?      It's massive indoctrination dunn by huge selling dumps.

  We have 2 options Guys, let them play with us and let them win.

  Or show them that BTC is much stronger then some Jealous scary Government, they need to be stopped.

  We can only win this battle if you leave your finger off the Sell button.

  Succes gr Bas  sorry for shitty English   

Curiosity surrounds the world of Bitcoin, that's for sure. But if you were to be asked to introduce Bitcoin to someone who knows nothing about it, how would you do it? What approach will you take?

EDIT:

In addition to the question, how did you learn about Bitcoin? Do you think your first steps into the crypto world is something you want other's to experience? Or would you rather have them take another path that might shed more light on Bitcoin better

To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.

Many believed that the inventor of Bitcoin wants to remain anonymous to avoid legal consequences as what happened during 2007 about E-Gold, one of the first digital money (Bernard, 2017). On the other hand, I think it would be better if the founder of Bitcoin will reveal his identity since many countries recognized the essence of this cryptocurrency.

If this might happen, it will contribute for more development of digital currency and regulations in Bitcoin procedures. Also, the acknowledgement must be given for the person who invented the most efficient digital currency in our society.

What are your thoughts?

I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.

Money is what the society accepts to be money. Human history has seen so many transformations when it comes to the subject of money.From barter trade to fiat money and now digital currency. But some nations are so rigid to change.well they will all regret soon because no country can stop cryptocurrency.

People go here and there spooling,spreading and propagating FUD to get on peoples emotions and to put them on PANIC MODE just so they sell their BTC, and you know what, PANIC SELLERS in these industry are LAZY, they can't and won't research and understand after lots of rise and fall in these year that the KING of all digital currencies is just going through a phase.

I personally Love PANIC SELLERS, and I hope there can be a section on these platform where they register so that people like me can contact them to buy CHEAP from they..

GRACIAS PANIC SELLERS, MUCH LOVE TO ALL OF YOU OUT THERE BLESSING FUTURE MILLIONAIRES WITH YOUR COIN

A few years ago, we had the "Cloud mining" phenomenon and most people were warned that it was a Ponzi scheme, but they

still invested. A Ponzi scheme is a form of fraud in which a purported businessman lures investors and pays profits to earlier

investors using funds obtained from newer investors. Source : https://en.wikipedia.org/wiki/Ponzi_scheme

I still see some of those types of schemes around, so I was wondering if these schemes has changed their business model or

if people are knowingly investing in these schemes. 

I know Ponzi schemes are legal in some countries, but most of these schemes are advertised globally, so they should not be

legal in countries where they are classified as being illegal. 

                                  Would you still invest in something, even if you know it is a scam?

Take your time now to study how market price moves in the crypto market. I had realize that those market price fall down are perfectly performed so that we can see how much potential profit may get if one will going to invest now. This is just like jumping up high and one must take down to the groud first before opposing the force from the ground to jump up high. I can say that the kick off for crypto market price increase will going to start up soon.

I mostly see a lot of post skirting about the issue of decrease in bitcoin market price by saying hodl, hodl of which i mostly do not get them. Assuming we all decide to hodl without any transaction that means with time btc will drain and what will be the essence of the coin. We should always be a family to embrace the state of price no matter what and ensure buying and selling in order to at least have a significant effect on market price. I hodl, you hodl and we all hodl and btc will drain just like that.

Last past months Sri Lanka's Main Bank (Bank of Ceylon) was banned cryptocurrencies in Sri Lanka. What do you think is the reason for that ?

Guys, this one is about Satoshi Nakamoto..

Sorry if someone has already asked this question.. but I just wanted to bring this up.

From what I know, Satoshi Nakamoto registered the domain name for this forum right?? I decided to check it on whois and you can see that the registrar is eNom and the domain owner details are WhoisGuard Protected.

Here's a screenshot:
https://i.imgur.com/HNupqlE.png

If it actually was Satoshi Nakamoto who registered bitcointalk.org, does this mean that eNom have on file, the real identity of Satoshi Nakamoto and are keeping it secret???  

The Ceo of Bitcoin cash recently stated that soon people wouldn't be needing banks anymore.Does it mean the world is going crypto soon or he is just bluffing.