Really? I didn't know they did that. It also surprises me considering how many kids play that game, and likely do not have access to Bitcoin.

Well didn't this just come true? At least one major exchange already went down, and more are planning to close in the coming days. I did not see this coming, thought it was just FUD, but it turns out to be quite sad.

I can tell you the two main rules of investing in Bitcoin:

1. Buy low - sure, you can buy anytime, but if you buy low you are going to make a lot more in the long run. You can make double the Bitcoins... this will multiple A LOT in the distant future.

2. HODL - (fin fact, the term HODL was invented on this forum), it means HOLD. Do not sell your Bitcoin for anything. Just hold and use it until it is worth $1,000,000.

And just like that, as soon as you clicked "Submit", the price went back up within an hour. Funny how that works? Almost seems like it was pre-meditated.

There is no such thing as a Bitcoin bank. People cannot steal your Bitcoin unless they have your private keys. To get private keys you need to steal/hack or be given them. And if you give someone your private keys, you are an idiot.

Unless you are absolutely sure about a decision to invest in some obscure altcoin or token, then stick to Bitcoin or one of the solid alts. It simply isn't worth the risk.

The US Gov is literally enforcing Anti-money laundering as we speak. They shut down BTC-e for this very reason. They suspected it to be facilitating the laundering of illegally acquired funds.

This is why it pays to HODL!

If everyone just HODLed there would be no reason to panic. It is only traders who think they can guess the market who panic and they lose everything!

Firstly, gold is money. That is a fact. It is the only form of true money (along with other precious material) going back thousands of years.

Now, Bitcoin is the exact same as gold except in this current age of technology we are able to have a blockchain, therefore it becomes virtual gold. I do not expect the blockchain to go away any time soon, therefore as long as it stays it means that Bitcoin will continue to have value.

Last time I checked, private islands go for as low as $250,000. If you think about it, that really isn't so much. Are you going to get an amazing location and a cleared out island with a place to live and electricity, etc.? Nope. But you do get an island, at the very least.

Yes, it is back. They announced the possibility to withdraw 55% of funds last week and now offer 45% plus additional tokens.

Blockchain isn't a cryptocurrency, bro. It is the technology on which Bitcoin is founded. Bitcoin is the cryptocurrency, and I do believe we are in a bubble that will burst within a couple of months. The price simply cannot continue rising indefinitely.

Never, ever, EVER leave your Bitcoins on an online wallet for longer than you need to.

How to make a paper wallet:

1) Go to bitaddress.org
2) Copy the private wallet keys onto paper (best if you print)
3) Store them in a safe place where no one will find them

I don't think we hit $1,000,000,000,000 (<- that is a lot of zeroes ) by 2020 even. There is going to be a crash soon as we are in a major bubble, and then it will take a few years until the next exponential jump.

Simple. Forever. Bitcoin could last until the end of Humanity. It is setup to do this. It is just like physical gold, only virtual and I am sure people agree you cannot destroy all of the physical gold on Earth, and just the same we cannot destroy all of the Bitcoins. Technically, we could do both, but in reality it won't happen (obviously).

Am I mistaken or do transaction not technically require fees? I was under the impression that 0 fee transactions were allowed, while definitely not advised for obvious reasons. But it is perfectly allowed to send 1 satoshi/byte for example (again, not recommended). I think this is why the fees were so high not long ago, because the exchanges force them up trying to push through transactions and avoid complaints, as well as keep their business flowing. This is why we need Lightning Network yesterday!

No way dude. I can guarantee you there are just as many small supporters if not more who are in it for the long haul and holding hard right now. It can be very tempting to sell when the price jump like this, but it takes patience to grow Bitcoin and if everyone just sold, including the small investors then there would be no Bitcoin at all.

I actually had never thought about this. I guess blind people would have loved ones nearby, at least in most cases who could help them buy Bitcoin. In any case, it is interesting to think about!

Not that I am aware of, but I am sure there is. I live in a major city with millions of people, and there is bounc to be probably hundreds of restaurants that accept Bitcoin.

It is both. I am quite certain fiat is considered an asset. And so is Gold. Therefore since Bitcoin is like virtual gold and has value, then it is both a currency and an asset. Are you asking this for your taxes?