The fees are increasing and will keep increasing for at least a few months from now on because of the blocks being full all the time. The only thing that could solve it asap is the uasf happening on 1st August, when nodes that are for uasf will stop accepting the blocks that don't support segwit and thus potentially create a new chain. Even though it is really risky and the price will most probably drop significantly the problem with the transactions not getting confirmed and the massive fees will be solved finally and bitcoin will be able to grow endlessly.

The reason why it is happening at the moment is not only because of the spam, the adoption rates of bitcoins have never been so high before thus blocks are just not big enough to be able to accept all the transactions that are being made. And it is really bad for bitcoin because the need to pay a few dollars for as small transaction as a dollar is just ridiculous. Thus, people started using bitcoin less and holding it more, while using other faster cryptos for everyday use as like dash or litecoin (which actually implemented segwit not a long time ago).
His talk does not have any proof and most probably is a lie. I wouldn't be surprised if he's just a BU shill bought by them to shitpost on bitcoin core. Basically the only reason why miners supporting BU don't want segwit is because their mining rewards would drop. People paying massive fees for transactions are kinda beneficial for them because they get more money than just for mining regular blocks with dust fees.

Wait so basically you want to transfer money to your credit card without having to give any of your details? How is it even possible when giving your credit card information is already giving away your details? If you want to stay completely anonymous with bitcoin then I guess you cannot transfer it to fiat.

If you want to just exchange your bitcoins with the minimal information needed and if you live in the european union you could use the site called belgacoin. Basically what they do is convert your bitcoins to fiat and then send a sepa transaction to your credit card. It takes like a day or two, but the fees are really low and I have never had any trouble using it.

If you want to stay as anonymous as possible then you could use the actual bitcoin card. You can get one from coinsbank or from spectrocoin though they just allow you to use it to the certain limit without providing the id. It would be just like a temporary solution. How they work is you just send them your bitcoins and they load your bitcoin card with the fiat that you trade those bitcoins for.

Storing on an exchange is like the worst thing you can think off. It's basically letting someone hold your bitcoins for you, the same thing as the banks do nowadays. So if you started to use bitcoins and in this way avoid banks, why would you search for an alternative of it? Besides that, a lot of exchanges turn into scams so that is a really risky move to do if you hold the money that you cannot afford to lose.

Mobile wallet (I assume just a regular online wallet) is definitely a better choice to make. With it you can store your bitcoins safely, though if your phone has some viruses or someone else gets hold of your phone, you might lose it. Plus you shouldn't hold any bitcoins online whatsoever.

As for an advice I could recommend you to get a hardware wallet which is the safest way to store your bitcoins right now. If you don't want to buy it or you can't afford it (because it's kinda expensive at 120$ or so) then just print off several paper wallets from an offline computer and store your bitcoins there. There are no chances someone are going to steal your bitcoins from those.

Well it depends on how many transactions you have received in the particular address that you are trying to send your bitcoins from. The more separate transactions your wallet has the bigger the fee is going to be in order to send it over. If all the transactions were really small, it is possible that you have to pay 11 dollars for 4 dollar transaction now. It would be easier to decide that if you could tell the address from which you are trying to send it.

I have been using exodus for a while, and never had any ridiculous fees or any other troubles. I think the highest fee that I have ever paid was like 2 dollars or something. If you want to avoid it then just use a wallet that allows you to change the fee, though do it at your own risk as it might lead your transaction to never get confirmed.

You are wrong. The wallet relies on the blockchain, it just doesn't need to download it. The blockchain is required because exodus is an online desktop wallet. At the time you launch it, it connects to the internet and basically acts as a regular online wallet like for example blockchain.info.

That's what I'm saying for the people that doubt bitcoin at the moment. The price is definitely going to go up soon and before the uasf I'm pretty confident that 5k might be reached because of people fomoing about the upcoming segwit. However, we should take into consideration the fact that it was easier for the price to grow before because less buying power was needed to make the price grow. That means that the price cannot multiply itself as easy as it could have done a few years back when the interest in bitcoin was much lower.
Can't agree with you. The people who said that bitcoin won't reach the 1k are buying right now like crazy hoping that they still haven't missed the train, at least that's what a couple of people that I know are doing. Right now as new adoption level has started, new doubters came in. They will be buying bitcoin after a year or so as well...

I guess someone has 10 bitcoin and wants an advice I would just store it somewhere safe. Most probably a hardware wallet or at least a paper wallet that is easy to made and there are tons of tutorials how to do it (i.e. here: https://www.youtube.com/watch?v=axcYecikq8I ) It's ridiculous how many people lose their money just because of not taking enough precaution to prevent hacks and stuff like that. And if you actually want to keep your bitcoins on a computer what I would definitely not advice, just be sure to at least buy a proper antivirus and scan your computer a couple of times just to be sure.

The worst thing that people actually do and the easiest way to lose those bitcoins is to keep it on an exchange or in an online wallet. As you are using bitcoins I consider that you actually want to be bank free, so what would be the point to give your bitcoins for someone to hold, that usually have shitty security or even scam people themselves. Wouldn't make any sense at all, would it? The most optimal thing would be to transfer most of the bitcoins to a cold storage and then keep some on pc if you are constantly using it, just don't keep more than you can afford to lose.

As for a financial advice I would definitely not sell it right now. The price seems to be pumped a lot right now, but it looks like it still has tons of potential to go up even higher. Right now I would wait for at least 5k which might happen this summer because of the incoming uasf and people buying it without even knowing what's actually happening and the potential risks.

Welp, you cannot do anything about it, that's why you always double check the addresses you're withdrawing to in the confirmation letter. It will be a hard learnt lesson for you I guess, though you should also check your computer from viruses and stuff so that you can be sure your information is safe and that you won't get any more harm done to you if that was because of the virus. Also what the developers should do about it is to change the addresses to readable ones so people can actually see better whom they are sending money to, thus they could avoid such mistakes. Those addresses (especially ethereum ones) look all the same.
Getting in touch with bittrex would be nothing more than just a waste of everyones time, in the letter there's clearly written a withdrawal addresses that you should always check so that the information you filled in is correct. They would just tell that they are sorry for the mistake the op done and say to double check the address next time.

Well yeah, of course it is possible to create something bigger than the currencies we have right now. But just look at bitcoins, ethereum is way more complicated than bitcoins and have way more features. However, eth still has no possibilities to take over bitcoin as people are just convinced that btc is a better store of value so they chose to invest in it.
The fact that it has tons of ico set on it at the moment can have a really terrible outcome on it. Just remember the dao tragedy that happened... They even split the coin into two, so who can be sure that it won't happen once again? Allowing everyone create on eth chain is kinda reckless because the one ico failing could have a terrible impact on the whole coin so I choose not to invest in it.

The only coin I am sure that is going to survive, remain in the first position and steadily grow is bitcoin. You can't trust any other coins because of various reasons as devs being scammers, mistakes left in code, and people losing interest in it. Also, if you want to invest in something else other than bitcoin I would advise to not do it for a really long term.

If only it was so easy to actually decide whether the price of the bitcoin is going to go up or not. Right now I really think that the price of bitcoin is too high and it will need to get some kind of a correction at some point.

The price of the bitcoin was going up really fast recently and the huge pumps are never too good for bitcoins especially when there was no change in the code or nothing. Right now I would definitely sell most of the bitcoins if I had any and didn't sell it at 1500...
that's stupid, how altcoins can be dumped right now, the bitcoins can be dumped easily as well. Remember the time when the price of the bitcoin went from the 1200 to like 200 dollars? You can never be save from that and no one knows when it will be going to go down. And right now with the cryptos you can make even more money because it goes up way quicker during this pump, so if I had money to invest most probably I would go with the altcoins instead.

Yup, as there is a saying, only stupid could put all their eggs to one basket. And even though I am in favor of bitcoins and altcoins and honestly believe that they will change the world in the future I almost don't have them at all at the moment.

The thing is that without holding it there is no other real use for it to regular people like me. And with fiat you can do all your stuff normally, pay your bills, pay for you groceries, what you can't do with bitcoins.

I would be really careful about it right now because the price of the bitcoin was pumped for a while without no real reason. There is a decent chance that the price of it is going to start going down soon, thus making your profit shrink. If I were you I would exchange the part of the coins just to be sure that the price doesn't get dumped and you don't need to suffer a loss.

My best investment was in zencash. I remember reading the rumors that it might split to two chains, so i just bought up some zclassic at that time. It was something like 0.03 bitcoins at that time and I just waited. When the snapshot of the chain happened, I sold all the zclassic I had asap and waited for the zencash arrival at bittrex. Then I sold zen and got the profit of 0.1 btc.

That's the thing, there is no real reason why the bitcoin price would be going up at the moment as there were no technical improvements that would make it more valuable than it was before.

Also the price kinda shouldn't keep on going up at the moment because of the still going feud with the uasf. It might even split the bitcoin into two separate coins, one accepting segwit and one not because basically what will happen on the 1st August is that nodes (the people) that support uasf will start rejecting the blocks that are not in favor of segwit. If in an unfortunate and unlikely event the miners that don't support segwit now won't jump in the segwit train, they will be mining on a separate chain.
Can't really call it normal movements when the price is clearly just pumped up by speculators. I can almost bet that the most volume comes from china traders that just need the money as always (like with the bitcoin unlimited case).

For me the more the price is growing the scarier it is because it means that the dump is going to be more powerful. Bitcoin will start collapsing by a little bit but then the panic sell will start, which will have a dumping power to maybe even 1500 each.

Hahaha, you could have done it basically with the most altcoins that are out there because there was a huge pump not a long time ago. The fact that the price got pumped for any shitcoin shouldn't mean that it is your favorite altcoin.

To be honest, for me dogecoin is one of the worst altcoins at the moment. It doesn't have any maximum amount that can be mined right now. The thing is that when there is no cap it becomes as shit as the fiat we have at the moment. The inflation rate of dogecoin in the future might be massive and you won't want to hold it when it happens.
Though the fact that it was created by the bitcoin developers doesn't mean that it is undervalued and that it's price is going to increase in the future. To be honest, I don't see anything special in decred, something more that other cryptos wouldn't have, thus I don't really believe in it.

For me the next big thing at the moment is bitbean. It has an active developer group and even though it doesn't have the max supply the idea of it is really nice, that has never been used in any other cryptocurrency. Basically they're saying that the family should come first so it is kinda concentrated not only the people who want to become rich or the tech geeks, but also on regular people.

Bitcoin is volatile at the moment, but as you can see the more investors jump into bitcoin the harder it is to affect the price greatly because more money is needed to actually move the price. It is definitely not the strongest currency at the moment, but the more it survives all the tries to centralize it and control it and the more money gets poured into it it becomes increasingly stronger.
Wait what? How was that calculated? You can divide the market cap by the current bitcoin price what would give you 46bil/2900=150mil though it is not the accurate calculation as the buy walls are different on different prices.

So it might take for example only 75 mil to dump the price the first dollar, but 80 mil to dump the second dollar and 500 mil to dump the 200th dollar if that makes sense.
It seems to be just a wild guess as well like the guy with the price that I commented above. To be honest there is no way to check how many people are using it and for 40 bil market cap 5% of all planet people seems way too much.

Basically I got the credit card from spectrocoin.com like a few weeks back and it is working great. To be honest I expected a cool design though it was just a simple prepaid visa credit card.

What it seems that they do is that they buy prepaid cards for your name and ship them to your address? Then you just deposit your bitcoins to their website and exchange it with the current exchange rate. What they do then is they load your prepaid card with fiat not with the bitcoins (basically you use fiat not bitcoin then) so it can be used in all the shops that accept cards.

To be honest I don't feel like I'm spending my money in a better way than just doing it with fiat. It would be the same thing as just trading my bitcoins on an exchange and loading my regular credit card.

Actually looking to the past, this comeback was really odd because the crash wasn't massive (comparing it to the mtgox all time high). I honestly thought that it is going to be dumped all together with other alts to at least 1300 usd.

However, the massive resistance was broken and the price skyrocketed again. Also the growth will be fueled by the fact that the market cap of 100 billion by all the cryptos added together was reached. We can expect a massive pour in of money in the coming days as people will be just going in recklessly.

By the way, good news from Australia, I was thinking to move there for quite a long time as it's my dream country. The fact that it is going to accept bitcoin as a normal currency adds just another plus to my desire to live there haha

Yeah, that's crazy how the price is going to be pumped in the upcoming days. To be honest I earlier thought that it might be dumped by the upcoming uasf situation and possible split to two coins what would be just disastrous. But just look at this guy: https://www.youtube.com/watch?v=vVFGdXq8NWA

Basically what he's saying is that it is possible that people who don't know anything about bitcoins in the programmer way and the ones who don't know about segwit and uasf will take it as good news. Thus it will make them buy even more bitcoins and make the price go even more up. That's some crazy stuff, however as long as it is good for bitcoin, I'm happy.

The main idea of the bitcoin by satoshi was to make it non regulated by any central bank or the governments. Actually bitcoin was created when the world wide crisis happened after Lehman Brothers collapse as an alternative for the fiat money. Fiat money that can be printed endlessly, used for bailing out the banks and making the rich people even richer and the poor even poorer. Bitcoin regulation is a stupid thing and it definitely should not happen as one of the main causes why bitcoin was created would be destroyed.

Also I don't know how the regulation could be actually done on bitcoin. The thing is that even if you manage to trace the transactions to the real life sender and receiver (what is definitely possible with bitcoin and if you want to be completely anonymous you need to use monero/zcash/etc.) you would still not be able to make the transaction not happen. Thus it is impossible to be regulated as the transactions can neither be reversed, nor canceled.
How can you say that you cannot do anything about it? The power is always in the people hands if people are united. If there will be tries to regulate bitcoin or regulate cryptocurrencies all in all, people should start protesting, making petitions and thus showing their need for bitcoin. And if the governments decide to ban bitcoin, people will just start selling it and coming back to fiat, what would be just disastrous for bitcoin. The price would go so low it wouldn't be a reason why you would hold your bitcoins as you would lose 90% of your money with it. To be honest, I think it is just the beginning of the war with governments over bitcoin.

yeah, it is the feeling of a thrill that you can make tons of money in just a few seconds. Though the possibility to lose the money you actually need in life also adds up. That's why I don't like gambling because while playing it people sometimes even destroy their lives just because of the desire to become rich easily. People, there's no easy money, just get over it, you can't get rich with gambling.

You must be joking, cryptography is impossible to hack, it is impossible to be stolen and stuff if the code is written without any flaws. Bitcoin is the best store of value, that's why bitcoin is currently in the first place also there are tons of speculation that is driving the price up. As for gold it's value basically increases just because of dollar inflation at this point.

To be honest it doesn't matter whether it's for you or not for you, you will lose money if you don't know when to quit playing gambling games. Most of the people are greedy thus they don't know when to quit it and then they just find themselves in a huge loss, not able to make their money back. When I used to gamble bitcoins I also used to lose quite a lot, so I decided not to do it anymore.

to be honest you are right, people just are unable to guess it usually, though what you could do is just invest into bitcoins for a long term and then wait for like 5 years or something. In this way you might become even a rich person just by doing nothing. For right now I think the price is increasing purely for speculation in China and stuff, so I would be really careful about investing right now.