Sorry about that! Indeed, it keeps getting harder to use twitter to do bounty hunt. But as coin8coin8 just said, taking good care of your twitter account and posting not just crypto related stuff on it will help you in not having your account suspended again. Use it as you will normally use your main account, follow stars, tweet, retweet them, like various posts. Good luck!

This is exactly what someone who wants to buy cheap would say . I think depends on each person and their appetite for risk. If you plan to be invested for a short period of time, then yes, cutting your losses it's a smart strategy. But if you are in for the long run, even this latest sell-off it's just a small blip in the grand scheme of things.

Depends on who are you asking. After the last drop in price, I bet a lot of "investors" god burned and sold at a loss. But people who use bitcoin in everyday life don't feel this drop as bad. Quite the contrary, they think it's a good time to buy some more so that they can use it in the future.

True! Like OgNasty says, depends on your situation and what you plan to achieve. If you want to become a doctor or a lawyer, then I don't think there is any other way. But don't throw your money at stuff that is highly overrated, like a liberal arts degree. A lot of stuff can be learn by self-study, experimentation and personal projects. Especially if you talk about programming or related fields.

This is true only if Bitcoin doesn't integrate the privacy features that they plan on introducing (see Dandelion, zk-SNARK etc). But I think they will, so they will be able to dominate the market for the foreseeable future.

I think it depends. On one hand we have speculators, who want to get rich fast by buying low and selling high, thinking that they will always find a greater fool to sell to. But seeing the sell-off that happened two days ago I bet a lot of "investors" got fried.

On the other hand, there are people for whom cryptocurrencies are a solution to a problem that they have, because they are decentralized, trustless, near-instant and not under the control of anyone. These people are the ones who drive the adoption of crypto and will get the benefits in the long run.

There are also alternatives to Google Authenticator. I use Authy because it allows me to sync my account on multiple devices, so even if I lost one, I would not be locked out of my accounts. I can even use it on desktop. So do some digging and choose the best option for you.

I think we should introduce a way to punish spammers that have a high percentage of their posts deleted. Maybe a score or something, like Reddit, that will allow users to see which user is worthy and which is just a spammer. Merit alone is not enough. You could build up a great profile, gather a ton of merit, and then sell your profile or start posting spam everywhere and there is no feedback mechanism to show that a user is posting spam.

You should read this topic: https://bitcointalk.org/index.php?topic=2766177.0

Merit is given by specific people to posts who bring value to the community. Creating a topic like this is not bringing value to anyone. A better way to formulate this would have been to ask how merit is earned and say that you just received your first merit and want to find out why. This will not solve the problem of value to the community, since answers to this questions is found in the forum, but at least it will not look like spam.

Having people go through KYC it's a decision based on their legal counseling. Most jurisdictions impose KYC/AML regulation on those who have anything to do with money, with just a few exceptions here and there. It's a bad move for the community of holders that supported the project all this time, but in order to be legal and have a business going forward, they have to do KYC.

"Time in the market is better than timing the market", as the old adage goes. For the average Joe, who doesn't have time to watch the markets all day, this is still true. So it's better to set you price points when you want to buy and buy then, so you don't miss the chance to buy in a bear market.

Opening a business is as risky as investing in cryptocurrencies. 90% of business fail in the first years and 90% of those who live more than 2 years fail in the first 5 years. Depends on your risk appetite. Consider that starting your own business is also a time consuming enterprise, it will take your attention for  most of the waking hours.

But there are also advantages to starting your own business. You get to learn a lot, meet a lot of people and form relationships and if your first business doesn't succeed then you can always apply the things that you learned to your new venture.

And you can mix the two by accepting cryptocurrencies as payment and then holding them as investments. The choice is yours!

Is there a list of exchanges where this is listed already?

I think the problem here is the presupposition that people are (or should be) rewarded based on their intelligence or their talent. Having this presupposition entitles you to think that no person should amass a huge wealth, because, as the study suggests, no one is order of magnitudes smarter or more talented than the average person.

But in fact people are rewarded based on the perceived value they bestow on others. Let's take Jeff Bezos for example. We can all agree that he is not orders of magnitude more intelligent or more talented than the average Joe. But what he has built, namely Amazon, brings value to a huge number of people that voluntarily give money in exchange for the products and services that he provides. So if what you do impacts a whole lot of people and they give you money for what you do, that means you bring more value into their life than the money they give you, so it's only normal for you to gather a huge wealth.

I don't think luck plays such an important role in the `abnormal` distribution of wealth. I mean yes, opportunities matter and a child born in a poor country will have to work more and harder than a child born in a developed country with institutions that allow the creation of wealth, but other than that initial difference, I think it's more important to make the right decisions presented to you. Like many people said before me, there are a lot of people who heard of bitcoin in 2010 and 2011 but they didn't choose to invest or mine then, not recognizing the importance that this new technology will have in the future. But those who did were not necessarily lucky, because the opportunity was there for everyone to take.

I think the article you linked is pretty basic. There are a lot to say about the history of money, how and why did money appeared. I think this post by Nick Szabo it's better in explaining money and their relationship with blockchains and cryptocurrencies: http://unenumerated.blogspot.com/2017/02/money-blockchains-and-social-scalability.html

There are multiple ways to secure your Bitcoins, depends on what level of safety do you need. Let me list a few in order, from the least safe to the safest, in my opinion:
- online exchanges, like Coinbase, Kraken etc. These are very handy if you want to trade, but you don't own the coins, they are held by the exchange, in your name. If they go bankrupt or they are hacked, you could lose your coins.

- Software wallets, like Electrum or Jaxx. These are applications that you run on your device that keep the private keys in your name. They are safer than an online exchange, because you hold the private keys, but if your device gets infected, the malware can exfiltrate your private keys. And the owner of the private key is the owner of the coins.

- Hardware wallets, like Trezor or Ledger. These are devices that look like a USB memory stick, that hold the private keys in a chip on their motherboard and the private key never leaves the device. You can use it with infected PCs, because the PC will never know the private key.

- Paper Wallet. You can keep your private key printed on a piece of paper. They are impervious to online hacks, but a thief can get them to you the old way, by stealing the paper on which the private key is printed.

- Brain Wallet. This is a recovery seed comprised of 12-24 words that can be used to get your private key back. Because they are words they are easy to remember and you don't have to write them anywhere. Of course there is still an issue if you forget the words, because you will lose access to all of your funds, but it's your risk to mitigate.

I have just found this article from May 2014 from Radu Georgescu: http://www.radugeorgescu.com/2014/05/05/the-next-big-thing-bitcoin-101/.



Do you think his assessment for the rate of growth of the bitcoin protocol is still correct? Could next year be the year banks or other financial institutions start using the bitcoin protocol to settle transactions?

This is the best answer yet. You don't need to fork Bitcoin, you can already start mining or relaying transactions with no fee. But without a proper incentives structure, nobody would be doing it, because it takes resources to mine and to relay transactions and you want to be rewarded for your effort.

This is one of the main explanations why socialism doesn't work. In theory, if everyone would work for the benefit of others and would only consume what they need, you would be able to have a socialist utopia. But we are humans and incentives matter. And if you build a system with the wrong incentives, it will crumble.

This is why bitcoin is such a great thing. It allows complete strangers to work together for a common goal, because their incentives are aligned and the punishment for non-compliance is swift. 

I don't think we can know anything about the owner of the coin, it's all speculation at this point. But we can continue to watch this address and see if anything happens in the near future. If they were transferred to an exchange, then the exchange, then the owner would me smart enough to not sell all coins in a single transaction. They can spread it evenly over multiple weeks and I don't think this will impact the price that much.

If it was a transfer to a cold storage wallet, then there will not be any more movements in this account for the foreseeable future.

In either case, as the market grows and more people begin transacting in cryptocurrencies, such transactions will have little to no impact over the price.

I do web development as a freelancer in my spare time. I have quite a network of clients that are involved in the crypto space and I managed to convince them to pay for my services using cryptocurrencies. At first I only accepted BTC, but now I also accept ETH.

So I put on a Ledger the coins that I bought as an investment and I started using the coins that I earn to pay for stuff that I need. I can buy PC Components from a local shop using bitcoin and also I pay for hosting.

So yeah, I really use Bitcoin in everyday use. Not because I need it, but because it's cool and I also get a steady stream of new coins as income. It's easier to spend them because of this.