i wouldn't trust anything that cryptocoinsnews says, they are known liars and in the past i have seen enough lies from them to ignore all their articles.

if you want to talk about any country or get any information about them, seek reliable sources. even wikipedia has better updates sources:
such as this link which was repeated a couple of times here.
https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country

p.s. in case of this news they seem to be correct.

some people have a hard time grasping what bitcoin is, so only because bitcoin is different than their  old fiat currency and it is working in different ways, they have a hard time understanding why it has value.

these people eventually will accept the facts when they see bitcoin used in real world application. for example if someday they can buy groceries with bitcoin or pay for something online with bitcoin instead of their credit cards.

the only things that can affect the mass adoption are the ability of bitcoin to handle the large number of transactions. and then it is the willingness of the investors to spend bitcoin or just trade it. and as long as they are not spending, no mass adoption and no merchant is coming in.

people having large amounts of bitcoin is nothing strange. it is like saying how someone owns a lot of Apple shares or Google shares. they invested lots of money and many bought when it was cheap.

it is the same with bitcoin. you could have bought bitcoin when it was cheap. a year ago it was $420 and you could have easily bought a lot of bitcoins.

but gambling that much away is hard to believe part if you ask me, and since OP says he saw it on a gambling site i say it is always hard to believe that is a real person behind that account with 30+bitcoin wasting them.

have you ever done day trading yourself?
i think if you had done it you would have known that it is still good and profitable to day trade even if there isn't big swings around in the market.
bitcoin is not yet there. and the stability you see from time to time is temporary because people want time to accumulate without causing the price to go much higher than the level they are comfortable buying at.

btc-e is always behind, whenever there is a rise and you check btc-e price it is at least $20 and sometimes even $50 behind of other places and it takes a lot of time to get even.

and to this day i have not found out why! although i have asked around and never got any good answers.

so if anyone has any good hypothesis let me know.

it is never slow if you pay higher fee than other people. it is like a competition. i pay 100 satoshi per byte and you pay 110 for example and obviously miners will pick you over me. and if a third guy comes and pays 120 he will be chosen and so on. now imagine there are 10,000 transactions with higher fees than yours that you have to compete with.

bitcoin and gold. i can not choose only one of them.
bitcoin for obvious reasons and the fact that it can go up a lot in the following years because of its mass adoption.

and gold because i can easily buy and hold it and be sure that it is not going to lose much value even if price goes down.

and also altcoins. but the difference is that i never hold altcoins, i just trade them short term.

most of the times bitcoin price is like a spring that is forcefully pressed down and kept down. and as soon as you let go of it by removing that preventing force the spring, springs up

price was kept down at 910-920 range for a while but they let it go and surely enough the demand which has always been there pushed it up to above $1000 and this time it has a much better chance of staying above it.

first  we need more people knowing about bitcoin.
second we need most of these people become more and more willing to spend bitcoin instead of just hoarding it and trading it.

then the merchants will automatically increase in numbers, and as a result someone would make a payment processor to handle all the requests.

if you make a payment processor and there is no merchants you fail.
if there is merchants but there are no user who is willing to spend then you fail again.

actually it doesn't prove that, it only proves that right now we are on the rise and nothing can stop this current rise from happening. not even an exchange hack.

and trust me if this would have happened 3 days ago price would have gone down and stayed there for a while.

in bitcoin the news itself doesn't matter at all. but when the news comes out is important.

do you think the Chinese PBOC drama is over? obviously not they are still under investigation but nobody talks about it because it is pointless for their FUD.

a bot on github means it was open source, and in my experience the open source bots are not that good to begin with, mostly because those that i checked a while back that i was searching for bots were all bad with minimal features.

and besides these bots are good if you know the programming language yourself and want to start your own bot, you can start these to have some starting ground.

you got lucky because 70 satoshi per byte was too low today almost half what is supposed to be according to that 21.co fee site. i had a transaction with low fees (about the same 70-80 satoshi per bytes) today at it took me about 5 hours to see a confirmation.

so far my speculation was mostly correct.
price went past $1000 and then continued going higher. and although i wasn't expecting a drop below $1000 at all (the fast downward movement a couple of hours ago) but so far we are on point with the rise and on the upward movement.

i will wait for a couple of days to see how correct i am about my high and low levels and try to add another updated chart from the real price after couple of days and my initial (poorly) drawn price.

even a year ago i wasn't calling $1000 moon.
from the start when i came to know bitcoin , i knew that bitcoin price is going to very high values.
even $1000 is still too little and too far from the real potential of this coin.

many say $10,000 but i don't like that speculation much. instead i do believe in a 4 to $5000 price.

they do NOT accept free blogs, and that is the problem.
i am not worried about alexa rank if it was only that, i would have made it. and although i am new to this, my blog already has 42K visits and it is about 2 months old.

and what you said about a-ads is not going to work. the affiliate program only works if they click and sign up and pay to advertise with their network. and people usually don't do that!

this is because you have to choose one method only. you are either a trader who is daily making profit from fluctuations or you have to be a long term holder who buys low and holds for a long time no matter what happens for price in short term.

most people buy and go long, but mid way change their mind ending up failing bad.

it is hard to talk about the ATH at this point, the buy support seems to be good right now and we have been rising with a good speed.
on top of that around $920 had a decent amount of time, and that helped with the accumulation. however we still need to see above $1000 and how supports are going to be then, to give any opinion about the future.

i myself expect 1050 and then playing around above $1000 for a while before the ATH to have another nice shake out.

only by being wise!

there is no other way around it. you can work hard and over time and earn money but you can never earn more money and get rich.
for that you need to act wise. this can be being wise in the job you are working, or it can be generally the choices you make, and the investments you make.
for example many have become millionaires with buying bitcoin at $10 a long time ago.

the edit is as fast as the topic itself, it was so fast you can't even see the underline indicating the edit

and about the day traders i have to say they are not waiting for a particular price to sell, that would be foolish. as a day trader you always have a certain percentage profit in your mind, and sell/buy at those prices. it is always buy in dip sell on highs.
and also when price is rising like this, usually they increase the percentage and wait to see where is the high. again not having a particular number in mind.