Not sure if they actually will start a big war against bitcoin since a lot of countries have already legalised bitcoin and they are happy with where bitcoin is right now. This does worry me though since the government may want to end up controlling transactions soon, especially with so many dark web sites popping up after BTC-e was shut down.

Don’t think this will happen for another 3-5 years, Bitcoin doesn’t seem to be going mainstream anytime soon and the government won’t pay much attention to it then.

What do you mean alt coins, if you want to cash out there are heaps of ways and they are all pretty simple and barely need any forrm of ID. On localbitcoin you can find a seller who is interested in selling Bitcoin for cash, bank transfer or any other payment method. When making a transaction on localbitcoin I would recommend only selling/buying off people who seems to have good trust. Localbitcoin will be your escrow so only release the bitcoins when you know you have been paid.

Totally agree with you, an easy way to make profit with crypto and bitcoin. A lot of people regret not buying when bitcoin was like a couple of cents, but they still don't realise it is possible to turn a profit with crypto nowdays. Buy at the dips and sell when the price is right.

When people panic sell and price drops, it is your time to buy.

Oh god that's a small fortune right there, what price did you buy the bitcoin for? I don't think you ever will get over that decision, but you can try recovering the hard drive. There are companies out there that can probably recover all of that data, but I am not sure of the prices.

It's no point blaming him for keeping all that bitcoin in an unsafe place and not getting backups of it. At the time bitcoin would probably just be a couple of dollars and no one would be bothered to do that much for 100$.

What I think is that this may be the last time to get some cheap bitcoin. The price seems to be slowly going up and it is already at 3.3K from just 1-2 days of growth. I would invest a bit in bitcoin right now. There is also a possibility that bitcoin might take a huge dump soon, since today is when segwit locks in, but it still hasn't dropped yet and it doesn't look like it will.

Invest now and you may become a millionaire in 2 or 3 years.

Slow down, right now we don't need that. Bitcoin right now is mostly classified as an investment that can be spent and do other things. Bitcoin users are only a small amount of the world and we need to make sure everyone understands bitcoin and most importantly, uses it for it to grow in popularity, price and then we have a chance of this happening.

Some countries still have not legalised bitcoin yet, and when they do, they need to implement new laws mostly related to taxing bitcoin and some countries still dislike bitcoin.

So far we are safe, there does not seem like anything  has happened and this is mainly due to the pump yesterday. The price if bitcoin surged up 500 USD yesterday and everyone feels happy, and therefore the price won't drop, mostly since no one is selling and everyone is just holding.

The people who sold bitcoin for bitcoin cash and went swapped over are experiencing a tragedy, not us. When bitcoin rises in price, bitcoin cash then falls in price and bitcoin is definitely rising in price.

Think of it not as regret, not as a missed opportunity, but instead as a chance to grow and train your insight and mind. Now you are 7 years older and you shouldn't dwell on missed chances but instead use your knowledge now to invest in other coins and become smarter. Don't regret, since a lot of people missed their chance there.

You can still invest nowadays, it is now too late. Since today is August the 8th, segwit will be locked in and I expect huge pumps, possibly up to 3.5K by the end of the week.

Not that much of a surprise to me, of bitcoin didn't drop with the bitcoin cash fork, I expected it to take a trip to the moon. It was stable for a few hours and it was only a matter of time until I knew it would rise, looks like I predicated correctly. Wouldn't be surprised if I saw bitcoin and 3.5K by the end of next week or 2, life is crazy.

Looks like of the price of bitcoin is on the rise, the price of  bitcoin cash is taking hits.

Oh god , that is a lot of money to invest. Have you paid of all your debts first, and i hope that isn't your life savings because I won't recommend investing that away. Pay off your debt and then do this:
-Buy 2 more properties, pay a 20 percent deposit kn then and then you can rent them out, would recommend buy properties around the 1 mil mark. In around 15 years they should have no more mortgages left.
-Invest into crypto, put some into bitcoin and use it to trade alt coins.

I don't think so, one of the components of Bitcoin which makes it popular and also risky is it's volatility. If bitcoin was more stable, which we know is not possible, I think that that would be feasible, but with the current state of Bitcoin now, it seems highly unlikely for that to happen.

The countries will still use USD, since it provides more advantages over Bitcoin and most importantly, is also stable. I would recommend 3rd world countries to invest in Bitcoin, but still keep the majority of their funds in USD, since it is more stable.

Bitcoin has not received that much media attention and I fee like with more of that, we could see this occur with 3rd world countries.

Probably not all of the 21 million coins will be mined firstly some of them will probably be  lost. Well the way mining work is that there are blocks that can be mined which contain 12.5 bitcoin. The estimated timer says that bitcoin will be fully mined in 100 years, and there should be a bunch of block halving before that.

That's is also why not many people mine bitcoin now, only the people who live in places like China and India, where electricity is dirt cheap can afford to mine. Also why people have higher transaction fees now, to make up for the decreasing amount of block rewards.

I think some people advised to take coins of the exchange since some exchanges might not support bitcoin cash and it would be like the coin base incident where all of the bitcoin cash would be kept by the owner of the site.

Getting a free lunch does require using your brain and why could you just import your bitcoin to a wallet that supported bitcoin cash. For example electrum, which is a free desktop wallet, supports bitcoin cash and you could have easily just transferred your funds over there, claimed your bitcoin cash, and then sell it after the huge pump, when it rose to 700 USD.

You have just stated one of the main problems of bitcoin which is causing it to not go mainstream. Right now we see  bitcoin, not as a form of Internet cash, but more of a form of Internet gold or an investment option.

I would still recommend investing in bitcoin since it does seem super promising and it has the  potential to become mainstream, we just need to fix our congested block chain. Just right now, it doesn't look like people use it in real life.

-They might be people who are just clueless of the fact that bitcoin forked recently. There are a lot of people who aren't on the forum and don't pay attention to bitcoin news, therefore making transaction.

-Might be desperate people, someone who needs to gamble, or someone who desperately needs to pay back a loan or ask for a loan.

-Might be people who just like taking the risk of it, who knows. People do love doing risky things and that

Could certainly be  possible, but right now most people are set in stone about their Fiat currencies. We don't have enough attention with bitcoin to get people to make the swap the crypto yet. Fiat currencies just don't have as much problems as bitcoin and I don't think that the block chain of bitcoin will be doing very well of everyone started using it. We already have a pretty congested blockchain and we even have that much people using bitcoin now. How do you think it will be when everyone is using bitcoin.

You can change the transaction fees on some wallets just means that it will take longer for confirmations to happen. You can easily make the transaction fee lower via some wallets such as electrum.

If transaction fees were lower the miners would have no more incentive to mine, especially with power being expensive now, all of the miners will be Chinese or Indian since electricity is cheap in those places.

The only 2 rewards miner receive are block and miner fees. Block rewards will slowly decrease so thats why we need these transaction fees.

To be honest, hackers are everywhere and they always are hacking, and they will always try and access your wallets, especially online wallets which don’t require a lot of security, some only need a password and email and the stronger ones have 2 factor authentications. Would recommend using a hardware wallet or pc wallet.

With the hard fork happening, people are scrambling to claim their free bitcoin cash and the hackers are then taking advantage of these people via hacks. Just don’t move your bitcoin these couple of days and it will be all good.

It has happened now, but like what most people said, it was nothing important and 12 hours after the event the price of Bitcoin has barely changed. It wasn’t anything to worry about and people just overhyped it with FUD and clickbait threads like “August the first will be the end of bitcoin”

Remember people Bitcoin cash is an alt coin just with the name of Bitcoin, nothing happened when altcoins get released so why would anything happen when Bitcoin cash gets released. Claim your free BCC and get along with your life.

I don't think so, bitcoin cash is an altcoin which means there won't be much value to it. As some people stated the price of  bitcoin cash and bitcoin add up to around 3k. This might mean that when bitcoin falls, bitcoin cash will rise in price.

The problem with that is that bitcoin doesn't look like it's going to fall, especially after it went through these events. Now people have even more trust in bitcoin and prices are stable.