Don't be annoyed. There is much more to see in the future. It will be always various "specialist" or "competent" people which will hear about bitcoin today, will read some things tomorrow and will be convinced that are able to predict its future the next day. The fourth day will be convinced that must share all this deep knowledge to the others in order to protect (especially) these who are years with it from the secure loss of their money used to buy bitcoin. Expressing in the same share their deep sorrow about their situation and asking sorry to not did before than 4 days ago its first contact with bitcoin in order that gave these his precious advises before. The world is full with "Harvard guys" like the last one who make the article at Washington Post who have the mind in their ass.

Haven't never understand the reason why can be compared bitcoin with Paypal. Have nothing in common. Bitcoin is currency (or whatever is classified in several countries when it is regulated and is regulated according to the various conjunctures existing in every country) while PayPal is a service which use currencies. So PayPal tomorrow, if decide, can accept bitcoin as one of the currencies which can use this service to reinforce the anonymity which have bitcoin itself. What is taken as a common characteristic when are compared these two subjects? The anonymity which offer both? Have any meaning. It was the same to compare one person who don't want to be identified with a house when is new and yet don't have its address. The second subject can be used from the first and both are anonym. But anyone it is not so crazy to compare the first with the second. Exact the same is even the case of Paypal with bitcoin.

Cannot be possible. Every exchange whenever it could be must have the data of all the customers who want to make big amounts of change. The few amounts cannot serve for laundering because are nothing for that who want to "bleach" money. While if want to change big amounts is easily identifiable because of conditions above told and must be fulfilled by law by every exchange. So any kind of risk for bitcoin. To not tell that the regulation of it will reinforce (or have already reinforced there where is regulated) the rules against this kind of activity.

I really try hard to understand this situation but cannot. It is not the first post with these words or similar ones that I read. And read such things make me to remain "shocked". This has nothing to do with what I feel but with the fact of the lack of understanding that exist people who enjoy when loss money for nothing. I find impossible for me and cannot be able even to be habituated with this fact (it is an fact): how is possible to be good and feel satisfaction when lose money for nothing? The only thing that I can accept is that these people are addicted and as such have a risky disease. Where find the money this people to spend in order to feel satisfaction? Have or not parents and if yes how is possible that they don't act when see this behavior of their their children? Or if not children what do the other members of their family? Are not few. This is the problem.

Had not, have not and will have not any time that China will regulate bitcoin. And much more fully than any other country. The only question is "when" and not "if". As always have write in my post they act with to much opportunity and measuring very well every step made. Do and act in this way always and in every kind of situation. The Government of China don't have fear to use the force when think that is needed and don't care about what tell all the world and in the same time don't have fear to do much ahead in such things in which most of even all the world is very careful. I wouldn't be at all surprised if China one day will known bitcoin as a legal currency (any country has made this since today) and use it like and with the same status as yuan.  

If Ukraine will realize this - which for the moment is only a wish or better an expression of interest to know better all the world of cryptos (including bitcoin particularly) - this would be the begin of a new era for bitcoin. No one country (as I know) has accepted bitcoin as legal currency. Every country which has regulated it has given several statuses or names or classification but no one the real name: legal currency to be used and to have the same rights and status as their national currency. So if this step can be made from Ukraine would be a big step ahead for bitcoin. Ukraine has not a position in the "club of the important countries" of the world. But is not even an undeveloped country. So let hope that the word of the head of the Payment Systems Department at the National Bank of Ukraine Natalia Lapko about the "carefully watching the intensive growth of digital currencies" and that this country "does not rule out the possibility of integrating bitcoin into the Ukrainian financial system" become reality and open the new definitive phase of bitcoin in which "he" will have finally its natural place in the financial world.

It is waited such post from you only if your age in bitcointalk is the same with your age with the met with bitcoin. So, if you have few time with bitcoin everything you write have meaning and need answer to make you learn something very important. The most primary characteristic of bitcoin is that, is true that bitcoin is to volatile but even unpredictable. So it is true that "he" go up and down but never in the order wanted from the speculators. He can stay at the same price or move within a few interval in which don't worth to speculate with it for a very long time (like "he" did all the last year until November) or go for a long time with few steps only high or only down. So it will be hard for a speculator to know if it would be worth for him to wait to speculate with it. To not tell that even can have loss (to sell not at the wanted price because annoyed from long waiting time or the lost of hope that will arrive wanted by him). That doesn't at all that cannot be even the classical pump and dump. But this cannot be never sure thing.

The distribution of the wealth and the richness are a very old discussion in the point of view what is right and is wrong or what must be right or what must be wrong in this direction. Today is true that exist people who have money to make the life they want for tens of generations if the money they have are managed properly. If the money are earned with honest work cannot be told and discussed nothing in this direction about their owner. Being those normal money or bitcoin. No one can blame Bill Gates. Even if he wouldn't donated most of its wealth. Everything earned with him was made in the light of the day. The same for Satoshi Nakamoto or some other like him. They had invented or believed in something and the time gave reason on their invention or trust. In few words the use of richness had with honest work as a weapon from anyone is pure speculation. Who blame such kind of wealth is only a poor envious that must be leaved on its problem and its own. Giving to him much more than this importance will make it to feel better and to begin the thinking of the next bad thing.

As for me your are not totally correct with your main post. Such times and the "dumps" of the price are not so good for who believe in the potential of bitcoin but for the speculators of it. They want these situations in order to have profit from these pumps and dumps. Who believe in bitcoin may do such actions (and have nothing in this) but don't buy only when the price go down but always. For the simple reason that the hoped normal price of bitcoin must be much, much higher. If believed in this, every day (and not only on these mentioned by you) is a good day to buy. Few and few in order to not create dependence and to not hurt the personal finances - but continuously - everyone who have such kind of hope buy bitcoin without seeing at all the price of the day in which buy. This kind of people are the true people of bitcoin. The gift of this people is not the price of these days of bitcoin but the known of it and of its potential.

Who is the stupid in this story can be understood easily by everyone who have some knowledge about bitcoin (not to much) or who want to learn some things about it (the same that needed to be known by the firsts). It is enough to do a simple search in google and find news about it in time. For sure will find articles (and not few) about its situation after the bankruptcy of MtGox. Its price go from 1200 us dollar to around 100 us dollar. It was a tremendous shock even for the most believers of it. In parentheses I can tell that I bought bitcoin on that time. I believe on it not only as a currency (even this is its primary role) but in its technology. I know that he may have problems as a product or invention, but I know even that its technology is totally able to repair these in every moment or at least, in time. Closing the parentheses and continuing with the true stupid in this story, who find such news understand that cannot be more stupid, idiot and ignorant expression like this one:"The price of Bitcoin fell 10 percent in a single day on the news, a sad result for those who are losing money on it." which can be found at the first paragraph of the article of this idiot who have write it. So bitcoin was able to survive after a loss of more than 1000% on its price (and achieve after an increase of more 450%) and was declared dead from the idiot of the above words only after a decrease of 10%. For more feeling even sorrow (for sure ironically) for its holders. Are only these the knowledge who need everyone to understand who is the idiot in all this story. The Harvard guy (what a shame for this honorable institution to have such products in this list) or them who know that the normal movement of the price of bitcoin within a day (if "he" want to play) can go much more than that 10% and the movement within this amount of its price is only an everyday joke of it?

It is enough to read the first paragraph of the article to understand that the author of it is not neutral against bitcoin and the cryptos in general. He tell bullshits which serve to his aim to denigrate it or the world of cryptos in general. For example the expression "Now the cryptocurrency is fighting for survival." is totally a wrong one. This testify that him is totally ignorant in this field. I am telling to him to see the chart of the price of etherium only since the beginning of this month. The increase of its price is more than 80 percent in only two weeks. Higher in the percentage of the increase is even the price of Dash (but within a month). Fewer but yet in big increase is Monero. And so could even with other cryptos that I don't follow. Where is the crisis of cryptoworld? How is possible to be so irresponsible someone who pretend to have to do with Harvard?

From the article of Washigton Post:

"Not long ago, venture capitalists were talking about how Bitcoin was going to transform the global currency system and render governments powerless to police monetary transactions. Now the cryptocurrency is fighting for survival. The reality came to light on Jan. 14, when its influential developer, Mike Hearn, declared Bitcoin a failure and disclosed that he had sold all of his Bitcoins. The price of Bitcoin fell 10 percent in a single day on the news, a sad result for those who are losing money on it."

It is hilarious for me to see that a person who have the courage to make an article about bitcoin "feel sorrow" for the lost of the money from the holders of bitcoin because its price is decreased 10 percent within a day. How is possible that such  kind people have access to write at this prestigious newspaper and show since the first paragraph of their article that have not even the most little idea about bitcoin? How is possible that someone who pretend to make a such article in such kind of newspaper and pretend to known bitcoin cannot understand that for bitcoin such decrease in price is an everyday game or joke of it with which he make fun and serve to it only to not be bored? What other will be heard or seen from them who make an article only and immediately after reading another one who speak about it?

As for me there cannot be never told about mining that is profitable. If the price of bitcoin will move high normally without doing big jumps and stay there for sure that cannot be told that is profitable. The difficulty cannot be never predicted and it was enough to have two-three big jumps that mining become forever unprofitable for those who have invested in mining (whatever kind of investment may be) before these jumps. To not tell if the price stay unchanged and the difficulty increased. Or even worst the price go down. All these options probable to happen.

As for sell or buy for me is always buy. Even if the price increased buy. This price is to low compared to that in which is hoped that bitcoin arrive. Who believe on that, risk. Who don't, wait. Someone will cry and some another will laugh. Who will be one and who the other one will be known only in the future.

Correct. But I think that has sold only the newbies. The old "friends" of bitcoin have hold all. Maybe even bought. I remember the time of the bankruptcy of MtGox when the atmosphere was much more hard. It was the first big shock of bitcoin. Almost everyone predicted the end of it and giving as main advice to sell all as soon as it was possible. And had not so bad: the price has fall from 1200 at around 100-120 us dollar. But only in appearance. The time showed the opposite. Bitcoin absorbed the big hit and begin from the beginning its mission. Only few bought at this time. And who bought big amounts even today can be considered rich. Never lose the faith...

Four days after and seems that your prediction is yet away. Even, the price is stabilized for more than two days and seems to not have in mind to move from this amount. Few less or few more but around the 380 but seems to be fixed here. If it will be not some other Mike Hearn who can tell other important things about its weaknesses (so that are new and not repetition of the revelations of Mike) I don't see any reason that bitcoin can go to that amount. Even bitcoin in unpredictable and with it is more than true the expression "never say never" I don't think that will arrive at that amount. Lets wait the days to came.

Agree completely. Have no any kind of reason (at least now) that bitcoin go to that price (300 us dollar). The first weak signs of the last two days give hopes that the bad is gone and it "think" to begin again the stabilization. Personally not only have not sold no one satoshi but have bought continuously almost every day (when had money) during all this period to continue my plans of investments with it. Actually have few thousand of satoshi at my wallet but much more bitcoin invested on other places where are making their "mission": multiplication of themselves or converted in products which will give much more in the future (if my plans will be fulfilled; if not all, the most, for sure.)

Don't agree. At least for the part "will not hold". I don't know about which indicators your are talking about - and cannot believe that exist such kinds for bitcoin which can be credible in a reasonable way but this is another question - but there more than two days that bitcoin is around 380 us dollar (even is under 400 and for this you are right). Seems that it has absorbed the shock and are "thinking" to remain stable for a few and begin its game of up and down with overall trend the increase. Like it did all the last year. But better let wait some more time before talking about this. Bitcoin is and will be always not predicable.

First it was exactly an answer as such kind of answer I waited. In few words like the connection between your title of the thread and the content of your main post. So other thing is the beginning and another one the next beginning. Then is continued with the giving of data not needed (as were the first ones), jumps from concepts to concepts without following the normal logic and even totally wrong connections and perceptions which are one against another.

For example you write (I would pick only one because have no meaning to analyse all): "There's a major difference between private and public business, the first one can bankrupt, the second one can't, better said, can but will drag everyone in the tidal wave."

Here my interpretation of the above: First you must decide if an public business can bankrupt or not and then express this clearly. Because in your sentence first this kind of business cannot bankrupt and then can bankrupt but when do so "drag everyone in the tidal wave". The same way of expression was used in your previous post about the role of the State in the economy. Exactly the same. Nor meat and neither fish. This is the overall meaning of overall your write. To be "correct" with every possible interpretation. To not take an clear position. To have always a way to "go out" that is written. To reinterpret that. Except to criticize the government. This is clear in every moment. If I would go further with the above phrase I can tell that even this conclusion is not at all true. There is not any kind of differences in the bankruptcy of an public or private businesses. If bankrupt two businesses with different owners (private and public) and have the same  businesses data (employment, revenue, net profit, costs, share of the market etc) independently from the owner will have exactly the same consequences. The only difference is who lose the business.

Almost every sentence is followed by another which not necessarily (when has this "duty") argues the first one. Normally and figuratively are jumps form the first floor of a building to the the fourth of another building. As it is this bunch of sentences (again within the above phrase - told that will not analyse others like with this):

"There's a major difference between private and public business, the first one can bankrupt, the second one can't, better said, can but will drag everyone in the tidal wave. And here comes the Achilles' heel of 2008/9's action that will make the next crisis a much bigger one; States are now fragile with debt going through the roof and can't redo what they did back then."

Normally this bunch have meaning if could be some explanations between the two sentences like this: The state has used its money to not allow the bankruptcy of ...... and here is my question-mark; of who kind of businesses? Only public ones? If so you are in big wrong. General Motors is not a all public company. And was helped by The Government. Of private ones? The same answer.

Without going further with various interpretations (and as I told can be to many) is normal to do some questions before. Who asked such things? Why must be given those? Both us (and who may be interested to read these posts) is supposed to know what has made the Government of USA. Why must be given again these things when is supposed that here must be only your thoughts about the different solution of this crisis? Are needed in order that you give the overall argumentation about your solution? Lets agree this variant. Then let go forward accepting this supposition.

Bu what are your thoughts about the solution of the crisis of 2008? Regarding this in your post I find only one sentence (if can be taken as such and not another interpretation like those that only you are able to do):

Back on 2008/9, two courses of action could take place, laissez-faire and take the hit or bail it, making the hit smaller, but at short term. If the first one was bad, the second one ends up to be only apparently good.

According to this solution the crisis must be leaved to continue (this is the meaning of laissez - faire) and then will have as a result: "take the hit or bail it, making the hit smaller, but at short term. If the first one was bad, the second one ends up to be only apparently good."

This is the big solution.

This is the solution, according to you, of the second biggest world crisis since the creation of human kind. Given with two sentences and with a result nor meat and neither fish. Leave everything to the case. This action must be caused a much more prosperity in our days and any kind of risk for another more probable big crisis in the immediate or near future. So it was enough that the White House threw out all the advises of the Harvard minds with which was consulted at the time of crisis and then followed these two sentences given by you in your "solution of 2008 crisis" above post and in our days everything at USA and o all the rest of the world would be much, much more better not only economically but even in every other field of the life. With few words better in everything and in every aspect. I have no words to comment. Or better don't want to hurt you more with my comments.

You give even another solution about the actual terrible situation but as I told at the previous sentence I don't want to hurt you more.

I will give you (if want) below only some friendly life words. Then you can put it in the trash after the read.

If the world or even our home will be managed IN EVERYTHING using your mentality of "can be this of the opposite of this" or "can be this or that", or "can be this or almost that of this" and other this and that, in this day, me and you would be at the stone age hunting with archers in order to find the everyday feed.

Especially in time of crisis (any kind of crisis) have no place for dilemmas or suppositions but only for solutions. Any kind of solutions cannot be named such if have not action which aim to eliminate the crisis. Any kind of crisis cannot be solved itself. Or if can be the results would be, for sure, ALWAYS MUCH WORST than in the case of doing actions to stop and eliminate it. The laissez-faire is not magic. Every kind of market need always rules because in every market operate and will operate always impostors, stealers, criminals which are not at all stupids. If they will own the market (if are not rules the probability that they win is huge) the first thing they will do is to ban exactly the tool which allowed to them their status: the laisses-faire. Because this tool may serve to the others to throw away them from the status they have. This could be one of the mos probable scenarios that can happen if is given freedom without rules. This about the laissez-faire seen by you and to many others like economic magic tool.

As for all everything else in our threads I will end here. Don't find more interesting to discuss about this topic here. You can continue with your posts commenting everything written by me or other things because is your thread. But don't forget that much more hard (and some time even impossible) than destroying is to build. And if you will be able to build cannot be built nothing using only bricks and not all the other needed materials and all the necessary infrastructure.

To give solutions and to build first of all needed learning. Then much more, but this is the firs brick. Cannot be learned (especially some things) here in forum or only reading some article full of data. The world of knowledge is without end. Try to do a search and will be amazed but what you will find.

This post seems like you have read something and cannot believe that. If so can you share the source. Reading within can be more easy for everyone to discuss. It is hard to ask to your question doing reasoning without source. It is more easy to tell. If I would tell and not reasoning can tell that no, there is not that year. The year in which the bitcoin market will be stabilized might be 2012. Or 200008. Then is discovered the argument of your question. Always in the form of question. According to this argument the market of bitcoin will be stabilized when the block will be 6.25. So 6.25 is a magic number. Will be able, since the first moment in which will be connected with bitcoin, to stabilize its market. I don't agree. I think that the magic number is another. It is 6.25:2. Who have right?

If you are confused and think to be clarified doing a post here and reading all the post that will make by the others (which be "hold" or "sell" and nothing else because have nothing to tell) are wrong. The problem is you and the solution may came only by you. I can tell hold and never sell. If possible (if have free money) even buy. That's I do. Not only this but buy even to invest the bought bitcoin in other crypto. With the aim to have more (bitcoin) in the future. I can add even other my experiences about such situations but what importance can have for you all those. You will remain again confuse because don't believe in bitcoin. Without this trust you will find yourself in this dilemma in every pump and dump of its price. Thing this that is the most common behavior of bitcoin. So, as a conclusion, try to find within yourself the faith in bitcoin (read about it, about the technology in which is based and the power of both). If will find something like that will begin your clarification. If not, sell all your bitcoins and find another hobby.