He's just trying to create a hype around this project (which is perfectly understandable), but so far there is not much for people to focus on other than the information that they occasionally release. Other than that, according to their site they have raised just over $990K, which apparently was a little bit more than their minimum goal. If this project was a real game changer (as he is trying to convince people), especially with his contacts, large investors wouldn't waste a single second and hand him over the needed millions. Long story short - there is no real demand for such a service.

While I am personally not a fan of diversifying investments, I can see how this in potential can be a helpful practice. In terms of crypto, what can be seen as a proper and relatively safe investment option that you can use to diversify your crypto portfolio? I honestly can't seem to find anything that is worthy of investing other than Bitcoin. Some say that investing in casino bank rolls is one of the better forms of investing. I can somewhat see why this may turn out to be a profitable investment as the house always wins at the end, but the duration of your investment plays the most important role here. Another point is, can you liquidate your investment whenever you want?

Problem is that people don't understand what Bitcoin is, and the technical aspects that come with it. If you tell these people that X event will make sure the price will tank, where Bitcoin becomes at risk of collapsing, then there will always be people taking this nonsense for granted. These people are what fud spreading articles and trolls are having as their target. It hasn't been any different in all the years I have been in Bitcoin. People should invest some time into getting to know what Bitcoin is, instead of only focusing on earning a few pennies. That's how they can avoid falling for fud.

High fees - I agree that this is somewhat of a *temporary* negative aspect, but that's something we can't do anything about as long as there is no scaling solution.

Slow transactions - Transactions are near instant, so I assume you are referring to confirmations. We have to deal with the situation and include a proper fee according to how the network situation is. Higher fee is faster general confirmations, lower fee means slower general confirmations. It's all up to the people.

Anon feature - Bitcoin was never meant to provide a full anon experience. In this case it's again up to the people - If you are about to send transactions where you want a certain level of anonymity, you should run your coins through a mixer, or just for this purpose use one of the altcoins that offer such features. Very simple.

No one forces you to stick with Bitcoin, if you think Bitcoin has become obsolete, you are free to make use of any altcoin you deem worthy of being used.

User adoption in the price starts to become visible after a longer time. Right now it's nothing more than people somewhat putting aside all the fud about the potential hardfork. In that regard, I wouldn't be surprised to see a sharp fall in the coming days/weeks as the panic can come back in an instant. It just requires a large trader to initiate the dump, and others will follow.

Mind explaining what aspect(s) you think is/are outdated? On the other hand, what's so special about altcoins? That they are faster when it comes to confirmations? That they offer a whole bunch of features that no one is using? Only thing I can somewhat agree with regarding the term 'outdated', is that the current demand has already surpassed Bitcoin's 1MB block size caps. That's why there is Segwit to push Bitcoin to another level, but as you probably also know, getting Segwit activated isn't exactly an easy achievement with pools playing hard to get.

That's a likely thought. I couldn't stop laughing at the time I read a tweet stating the following; Bitcoin Unlimited team on a China tour trying to convince economic majority that economic majority doesn't matter. Next step will be rebranding Bitcoin into RojiCoin, and the "whole" BU crew can sleep well after a cup of hot milk.

Cool dude and worthy of being followed; https://twitter.com/excellion

$22 billion is peanuts if you put it up against the value of the entire world Gold stash. In terms of percentages, it's under 0.4% of the world Gold value. Note that the Gold found still needs to come above ground, which according to this article will take them 40 years. In a liquid market as the one from Gold, this isn't really that surprising or exciting. Article tries to make it a huge thing, while in fact it's not warming up or cooling down the large players in the market.

Regardless of the figures you have stated in the OP, it all depends on the level of your capital and how much risk you are willing to expose yourself to. In most cases people with the largest capitals tend to choose a relatively lower risk investment opportunity. In this case a large initial investment can still yield you decent profits even though the ROI is just 3-5%. Bitcoin on the other hand is a high risk investment, which lends itself perfectly for lower initial investments as the returns that you can gain are (in potential) higher than everything else.

In some cases it can be an annoying process to get yourself verified, but depending on the country they are running from, you can verify yourself by just having your ID barcode scanned. It will then directly 'download' your information and save it into their system. It also runs your personal information through a database to see whether or not you have been linked with criminal actions, etc.

I agree that Bit ATM's are just an optional service offered to those willing to use it as an alternative way of obtaining Bitcoin. That is directly the reason people are okay with paying the premium fees that these ATM's charge. It's basically the same with P2P trading. Fees involved are higher than when you buy from an exchange, but here as well, it's some sort of a last resort option. The only question is... Will these ATM's generate enough profits to justify having them working in large quantities - That remains to be seen.

I like your optimistic view, but that doesn't really fit well in current situation where people worry about a potential hard fork. If we don't see a scaling solution, it will be very difficult for the price to reach such levels as at any time the panic can return, which results in the price to tank real hard. Panic regarding a hard fork started to peak very recently, but the problem of Bitcoin not scaling was there for much longer than most of current people realize. It's the only thing that is holding Bitcoin back.

It depends on what price you bought at. If you for example buy 1BTC at $1080, and sell at $1115, the profit margin is too insignificant for me to find with worth selling for. Of course, if you are doing that with plenty of coins at the same time, then it's different. But in current times people's holdings are only slimming down (e.g. people can't afford larger number of coins, cashing out where later the price only happens to increase further, etc.), and thus only trade with low amounts, which directly results in tiny profit margins. In order to keep things worthwhile you should wait till you have a minimum profit of 20-25% before cashing out.

It's difficult to say how much % the chance is for the hard fork to really happen, but the chances for it not to happen are higher (thus over 50%). My personal thought regarding the BU threat is that they are just trying to put a huge load of pressure on the Core side to come up with an 'improved' solution. Mining operations are just in the game to generate as many profits as possible, and thus won't put their entire operations into danger by forcing through a hard fork that will result in a huge short term blood bath. But then there is also a possiblity of a 'hostile takeover' in the way that they will just take the risk and let the fork happen, in the hope that the support will then shift to BU where entities as Roger Ver and Jihan Wu will be one of the main players (i.e. hunger for control). Time will tell whether or not BU is just barking, or they really plan to go through with their hidden agenda plans.

Interesting site that shows how much blocks have been mined with what sort of signalled support; https://coin.dance/blocks

Signalling support is nothing more than pools letting know what they support through the Core client. Don't directly add too much value to the numbers shown. It's just an indication tool rather than something decisive.

You'll need a well stacked initial capital to start from will you ever want to make a sustainable form of living from trading. But the thing is, it's only possible for a very small select group of people. Others just make occasional profits, which is also depending on how the market is moving as a lot people just wait for a buy low sell high opportunity. Between buy low and sell high could sit months of waiting time. In that regard, it's better to see profits through trading as an optional benefit rather than your main income.

It's funny how you fail to see in what context my post is directed. I gave a good and honest answer to some one asking for it (as far as possible since we can only speculate at this point), and nothing else. If you think that's panic creating, then you don't know how bad things can go in Bitcoin. People understanding how the situation is will not panic, and that's exactly the main point of importance - understanding of how far away we are from a fork. It's nothing more than a potential fork.

Of course it can break through that level, but the most important thing is that such levels aren't sustainable in current situation. We'll be heading up and down, as basically has been the case in the last weeks. In that regard, I wouldn't put much fait in current increase as nothing has changed in this whole *potential* hard fork situation. I rather use the offered ping pong opportunities in my advantage to scoop up some decent profits.

In case the chain split has become reality, or even before that since there still is a 14 day of "waiting period", you'll already be too late to optimally profit from a hard fork. Bitcoin will suffer from a massive short term price decrease, possibly resulting in prices far below the $500 level. Things aren't as easy as you seem to think. In order to be infront of whatever is going to happen, you need to act in advance, otherwise you'll get eaten by the whales that don't show a signle grain of mercy to people.

GreenBits; I understand what your point is, but we can't say that PayPal is a currency in the same way that we can't call Bank of America to be a currency. They only offer people a platform that allows them to transact, store, convert, take out loans, etc. In case of PayPal, they aren't offering anything if you take out the fiat currencies. It will then be an empty platform until they come up with their own digital currency - which at that time can really be called a currency (even though I believe it will be named differently).

Nope. If you transact via your PayPal balance, everything will post instantly.

Bitcoin is close to anonymous if you take the right precautions (e.g. mix your coins, don't send out coins from your exchange directly to whatever entity, etc).

Bitcoin definitely enjoys some sort of adoption by merchants, but it's not all that wide spread as you seem to think.

Complete nonsense.

It has nothing to do with countries - in most cases they are just startups from Bitcoin enthusiasts, and that's really it.

It's just a matter of time. Look at how money from altcoins will find its way back to Bitcoin at the time there has been a solution to finally end all scaling debates. People hedge Bitcoin just because of the uncertainties, and that's it. But we all know that it won't be an easy thing to find a viable solution that all parties are somewhat happy with. It's not for nothing that the scaling debates have been up for a few years non stop now.

It's easy to fart here witout properly explaining what you are referring to. You are just one of those that when Bitcoin goes up in value, you cheer for Bitcoin, and when altcoins go up in value, you cheer for altcoins. Bitcoin has proved to be a fantastic long term investment, where short term volatility and panic won't cause any harm to the eventual price. But if you want to jump into overbought altcoins, then sure, you're free to do so, but don't cry when things don't go to plan.