It is true that you must have at least the capability to write and read in able to participate in this forum and to know more about bitcoin, its usage and limitations, but I do believe time will come that bitcoin will be so convenient to use as easy as a regular wallet just like our Fiat moneys. I really hope that will be the mainstream in the future.

Bitcoin is not made for one specific race, country, color of skin, etc. of course it is made for everyone to use. We can't take for granted those people that have no capability in using bitcoin instead we must help them just like children that needs guidance to learn new things that they can use when the time is right and need be.

It is just hard to wait for a long time when it comes to holding your bitcoin or any other cryptocurrencies as it is so boring, We can't really blame those people that still doubt the potential of bitcoin especially those that are new in the scene.

I believe also that bitcoin will reach $10,000 soon even though there is an issues that really affects the price of it that resulted to the fall down of it, but again it is not bad because it already reaches the $5,000 mark and there is no easy climbing or shortcuts, bitcoin needs to face the process of the crypto market as there is no stair way to success, it is always step by step and let the naysayers and haters spread their opinions.

No one knows what will happen in the future as no one really came back from the it. I don't think so that Fiat currencies will be overtaken by cryptocurrencies. The fact that market capitalization of this coins are base in Dollar which is a Fiat currency so it has value because of that, as of now I don't see the future with no paper money.

Anything can really happens though and the good example of this is the Kodak company because even though it is founded way back in year 18 hundreads it still vanished and falls down because of the modern technologies adaptation, let the strongest survive.

This is one hell of a bitcoin though!

You just bought it back in 2010 with only $0.07 a piece then you still hold it and have access to. How I wish you still hold this amount as it grows times 10 today compare to the day that you posted this thread.

So getting back to the point about loaning, it is indeed a good business if you have the authority to get a collateral for each people that will borrow bitcoin from you but if not then it is a lose-lose situation as lending people with no physical thing or any other things that has value in your possession will only lead them not to pay you back.

I hope that you will update this thread of yours very soon as I am got interested with this because you have shown a proof that you really have it.

I am agreeing with your statements because these are so true and I just like to add up that paper money/fiat money of each country in the world is their identity as a country or nation because its symbolizes the growth of economy of each one of them besides the value that in it. We also all know that the faces of heroes and some other wonders of our own countries are printed in our own Fiat money that reflects our culture.

Bitcoin has been created not to destroy or kill the paper money even though some other people think that way. It is a digital currency that offers a faster, cheaper rates and most importantly the market cap. of it is funded by a $ which is a paper/fiat money.

Step by step bitcoin will really reach every establishment that is selling their services in the world it is just a matter of time until it will happen. It is quite ironic that South Africa is recognizing the potential of Bitcoin and already uses it as a legal tender to their super market there I hope that it will be a nationwide implementation so that other neighbor countries will follow this king of actions.

I can't really imagine what will happen to the price of bitcoin if all of the biggest and well known super market will really recognize it as a payment to their product, maybe one day the price of a single bitcoin will reach a million, who knows.

It is still all about in a planning stage  I think and there is no physical move has been created yet because such kind of thing has never been done before in our lifetime and doing that will require a big budget financially of course and a lot of work, how do the significance of this project will help the people that will take part of it because giving people things that is free will make them unproductive.

I think it is a long time ago when a new country has been born. It is quite interested that there is a group of people that have and idea in making a new country but we must know first the essence of this project before making an action to it as this people is business minded people that will not take or make a project that is not profitable for them, Silicon valley people, if you know what I mean.

It is good to know that these developers interacts with Chinese people about the future of lightning network and what would it be and its potential in securing transactions, being faster with no strong security measure will be nothing so goodluck to them on working with the that great project and I hope that it will be fully implemented before the year ends.

How I wish that this developers will once interact too to the government of China and tell them the efficiency that they will be having with the modern technologies and the importance of bitcoin as a future of digital payment.

You have a point there but it seems you jump into conclusions as Ross Ulbricht just got arrested on year 2015 so he still have a time to use his account on here if he wants to. that is 4 year apart from 2011 though. There is a lot of skilled programmer that is so into cryptography espescially those who really using the dark web. No one really knows who is Satoshi Nakamoto and there is no concrete proof to prove that and it doesn't significant to know it anymore.

I think if there is one reason why that Satoshi Nakamoto account has been unactive because if you have created a great revolutionary technology that changed the world and it really booms then you will recieve so much attention and messages to that account and that would be a serious headache just like vitalik buterin.

We can consider also that account of Satoshi Nakamoto has been used of group of people that develops Bitcoin because it is hard to believe that only one person is involve in creating it.

That is a heart pounding decision for you though, if it was me I am sure I will be depressed and devastated as Bitcoin's price goes low as much as $2,900 almost 40% decrease in the original price that you bought a single piece.

Actually no one can really tells what will happen in the next seconds, minutes, hours.

Bitcoin is not fighting against China though so why would it defeat it, the price fall down happened because of some people that really affects with the news of banning and this Jamie Dimon guy, banning of Bitcoin in China will surely slightly affect the price but if they just ban the mining of cryptocurrencies there then I think that's the time that the price of bitcoin will drastically go down.

Many Chinese people still hodl their bitcoins because they are good at numbers and they know to themselves that banning exchanges to their country is nothing as they can still find a way in accessing it as long as there is an internet and VPN or any other way to breach this ban.

If the government really has a full control of their own monetary policies then they must not be scared with cryptocurrencies as it will be still withdrawn back to their local currency, it is just like an another foreign currency that will make a nation's economy stronger because that is remittances.

For my own understanding Paypal and Bitcoin is the same online payment platform, the only difference is that Bitcoin is offering a fast and much cheaper transaction fees plus its transparency and not being reversible compare to Paypal.

I think governments is not scared with bitcoin they are just shock on how big is the money that is flowing inside of it now and with this, they want to regulate it for them to earn from it, that is the government's way.

I think they are not ignoring it, it just that most of the government in the world has not yet have an exclusive and well funded department about digital currency and its positive effect. We all know that people tend to tell more negative feedback if they didn't know such things.

Bitcoin is not threatening anyone, it is a revolutionary currency that offers good for the people who uses it. It just happens that banks are really afraid of bitcoin and they didn't accept that fact that if cryptocurrencies will boom then they will be dead soon and I also think that banks is bribing governments to ban Bitcoin to their country.

Yes it is. Actually Computer really changes the way people's lives are and our lifestyle now are really depending on modern technologies.

Bitcoin is a revolutionary way of paying anyone, anywhere in the world in a fast and cheaper rates of fees. Way back in the good old days before the computer came people just used to send a mail to each other and wait for so how many days before it will reach the recipient and more delays if it is far in distance.

As of now I really think that bitcoin is the future of payment and digital currency, as long as its survive of course. And with any kind of problem that bitcoin are facing is better for the improvement of it.

Because Banks that issue your credit card has its processing time before it pays, I think 2-3 days is the minimum and most of the exchanges that allows it will confirm it first before they will release your bought coins so it means that the processing itself will take days and those exchanges is making sure that those card is real and will not reverse its payment.

And I think those banks that are issuing credit cards is surely monitoring to where and when will you spend your balance as it is not fully paid, maybe when they know that you will buy some cryptocurrencies they will delay it and will give you more hidden fees. We know that banks really hate cryptocurrencies though.

Quantum Bitcoin... sounds good but... it is not Bitcoin... it is just a copy cat...

No offense to the one who posted this but your rank is already Legendary, I think this is not in the proper section as it is an another Altcoin that copied the name of Bitcoin(you just added Quantum to make it attractive)

So this one is using a 'quantum teleportation technology' so what is its security compare to 'blockchain technology' if double spending never happens to it?
because you just explaining what will be the technology not the security itself that is more important more than anything when it comes to transactions.

Making a payment faster doesn't mean it is secured. But good luck with this though I hope it will work just more explanation and please be detailed.

Banksters officially declare war on Bitcoin! so what?

Banks really must do this war because they know what is bitcoin capable of and doing nothing is not an option, so fighting will borrow more time for some other people to still trust their system instead going to cryptcurrencies at the fast rate. within only 1 year span the value of bitcoin almost reaches times 9 of its previous value last year.

And the market cap of bitcoin already surpasses paypal's market cap last 2 weeks when bitcoin reaches $5,000 per piece, so with this being said if we compare the existence of Bitcoin versus Paypal, 18 years ago(Paypal), 8 years ago(Bitcoin), so Paypal is 10 years ahead compare to Bitcoin. Imagine what would be the market cap of Bitcoin 10 years more.

Let's just wait till this banks do whatever they can to bring down bitcoin as it is a really threat on their business, let the strongest survive.

Yes, so better ask yourself now if 'Why I should not invest in Bitcoin' because we all know that investing in bitcoin since its existence is an absolute wise decision so asking for an investment advise for it has an obvious answer. Even though the price of it is so high right now I think it is still gonna soar high in the future.

It is just a matter of time until the whole world really uses cryptocurrencies as a legal tender to every establishment in the world, for me, the future of mankind is so into digital modernization and a digital money just like bitcoin is so very essential to that growth. So you better invest now or regret later just like what other people already did.

As of the moment there is a bunch of online wallets that can do that like Coinbase but it is only like less than 5 cryptocurrencies is in their service, but if you really want only an address that you can change bitcoins to altcoins and vice versa then you can use exchanges for that because you can trade there in an instant. but you can't hold the private keys when you are in exchanges so creating a local/online bitcoin wallet will help to secure your coins.

They already started the cold war against bitcoin I think since 2015 especially this Jamie Dimon guy it is just that he can't beat the heat of bitcoin's boom, that is why he is telling FUD's everywhere and using reverse psychology to his statements. Even Paypal are not accepting bitcoin in exchanging in its platform. Let's wait till the banks fall.

There is a politician in our country that is so corrupt and using different kinds of bank in different countries to launder his money and to hide his original statement of assets, liabilities and especially his net worth. so if this happens in the real world using banks, this is a face palm to Jamie. Bitcoin is a currency and you can use it in exchange of almost everything just like Fiat money so it is just depend on who uses it whether it is bad or not.
'Money is the root of evil'

I think there is no way that Bitcoin will be ban as of now as it is an internation digital currency so meaning it can be use by anyone, anywhere at anytime if he/she has an access to the internet and computer. I think it is only regulations for bitcoin within each of the countries that will strengthen their authority regarding cryptocurrenies but they can't really ban it.

People who loves it and want to use it even though it is ban in their country will still find a way if they want it. Many people in power now is taking action against bitcoin because they see it as a threat in their motives. Just trust the system of bitcoin because the more publicity it gets the more increase will happen to its price.