It depends on each person. For me personally both 2013 and 2014 were fantastic years, but that's also the case with 2015 and right now 2016. I am a trader that is constantly looking for heavy volatility that I can use in my advantage. But then again, there are plenty of people that bought their coins at +$1000 levels in the hope that it would increase even further. These people have learned a very expensive lesson if they after that sold their coins in panic. If they kept holding till now, which I don't think many have done, then obviously they are somewhat gaining back trust as they come closer to the level they break-even. It must have hurt seeing the price of the coins you bought at +$1000 levels sink below $200.

By the time Bitcoin grows larger than is the case right now, the importance of fee income for pools is also becoming larger due to the block halvings. With that in mind, it will be less and less interesting to use Bitcoin as currency tool for day to day transactions as it will cost you more than you'll get in return. Especially when you consider that current fiat related payment platforms are also moving forward, where the cost of using it for people is zero, and all payments are instant. Another plus for these people is that they also enjoy buyers protection. I don't think we'll ever come to a point where even a small or medium country is feeling the impact of people transacting with Bitcoin.

Governments working on trying to decrease poverty is what they want you to believe, while in reality the opposite is happening. Poverty is a great tool for the governments to put a major group of people in one place where they can use them for whatever purpose at barely any cost. Without poverty, India isn't able to compete with other countries as multinationals can get things done for peanuts and sell it in wealthy countries with massive profits. That's how it works. If the government is really trying (big scale) to work on poverty, then it directly will also harm the government there as these multinationals simply move to another country with their business.

The beauty of Bitcoin is that it is a multifunctional tool. People have several aspects to choose from that they can use Bitcoin for. If from all these features people can't find even one feature that they like, then something is wrong with them. It's probably the media that has affected these people quite a bit with all its negativity regarding Bitcoin. And the average joe people easily take everything the media is saying for granted. Even when they know you are right with saying that Bitcoin can help them move forward, then still they will be in full denial. In that regard, you're right, people must stop focusing on these zombies.

I think that the chances for the price to go a good bit lower than current levels are higher than the possibility of reaching $800 in coming days/last part of this year. While people are getting excited and speculate about the price to increase further, don't forget that a decent sized correction is due. I won't be surprised to see the price fall back to $720's and perhaps even dive below $700 for a short time. Smart traders are prepared and waiting for it.

People being somewhat forced to use fiat currencies around the world does not mean they are believing in it. I personally can't believe in something that is only going down in value, where banks and governments have you locked into their system, etc. I use it because it's a necessity, but not out of believe. That's why I am very thankful for the store of value feature that Bitcoin is offering me. For the first time I can fully avoid dealing with banks and governments and whatever other entity. That's a fantastic feeling. I am quite sure that the store of value feature will become Bitcoin's main selling point because of what I have mentioned.

Nowadays there isn't such a thing as cheap coins anymore. If you want to double your money with just holding, then you have to buy at current prices of $770 which you are required to hold untill the price reaches $1540, as that is the point you have doubled your money. And don't tell me that you think reaching $1540 is a realistic price to happen in 2017. It's far from realistic. Also take in mind that the majority of the people here aren't serious/solid holders at all. They let go of their initial long term holding plans as soon as they see even a tiny bit of panic in the markets, where they panic sell as result.

I know it's not the only way. I was just responding to the quoted part in my post, nothing more. I hear people always talking about people can offer their skills or services to the public and then earn money. But what about the people that don't have any skills? What about people that don't have regular access to the internet? What about people that are stuck to their 10 hour job where they work 7 days a week just to feed their family? They won't benefit from freelancer sites and all that. Take in mind that these people are the far majority in these countries.

I can't see governments of poor countries jump into Bitcoin by setting up entire mining farms. It will be wealthy individuals in these countries, or investors from abroad that might get to set up mining farms if they find it to be cheaper than going for China to set up everything. If you consider that poor countries have a very poor power network, where power outages are a frequent occurrence, then it's not a very interesting option for them. Don't forget that a lot of these poor countries are not very Bitcoin friendly either. Another negative point that any serious investor is taking in mind.

Far from realistic. If Bitcoin at some point in the future will form some sort of a danger to the entire banking system, then you can bet on it that the governments around the world will team up and force through a total ban. You can't simply expect the governments to keep looking at how Bitcoin is growing too large where no actions are taken. Every necessary action will be taken to prevent Bitcoin from causing any damage to their economy. That's why I am very happy with how Bitcoin is right now. It's an alternative, and not some sort of main currency. We all should be happy with that.

Reaching $1000 was basically impossible to happen all year. It's the people with their ridiculous expectations that keep such speculations flowing into this section. Some even were saying that the price would reach a new ATH guaranteed this yeas. And yes, that's why it's called the speculation section, I get it. But how about lowering the expectations to a point where there are more chances of seeing these predictions become reality? (this is not directly pointed at you, but more to all people with unrealistic preditions)


$800 is a realistic possibility, but even when we are only ~$30 away from reaching that point, it won't come easy. $900 is something that we can focus on in the new year once we crossed the $800 level.

And if MtGox was still using its bots to pump the price with non existing money, then we would sit at $100K right now. That kind of talk doesn't make any sense. Fact is that we are sitting at very comfortable price levels right now. Who beside a few noobs do you see complaining? No one. Current price is a very fair reflection of the current situation and progress. There are zero guarantees of course, but at the time Segwit gets activated, then we (with a high probability) can expect the price to pump even further. But as it is right now, there is no date set for the activation.

Bitcoin is a fantastic invention where a lot people have been benefiting from as it allows people to enjoy financial freedom, send money anywhere in the world instantly without the need of a third party, etc. But Bitcoin is not more important than the internet, and probably never will. Fact is that Bitcoin fully relies on the internet, so in that regard, I don't find it fair to label Bitcoin as being more important than the internet. Other thing is that simply not everyone is interested in Bitcoin as fiat related payment platforms are sufficient enough for the average person. Bitcoin will be there to serve people that are really looking for something different, and to escape the current system where they are nothing more than a slave.

# Registrar : NameCheap
# Expiry : December 08, 2017
# Start bid : 0.05BTC
# Minimum bid increments : 0.005BTC
# Buy now : 0.25BTC
# Auction duration : 48 hours after last bid.
# WhoisGuard included.
# Escrow possible.


Only Bitcoin as payment is accepted.

I will always ask you to send the funds to : 12oWtmuwHipw9rC9BYUuMGWMWB3RxMsxUN

Only post in this thread if you are bidding.

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Just out of interest, you say that you need more than seven years to double your money through banks, but doubling in what way? By interest that you are generating? If so, then it's not even possible to gain 50% in 10 years if you look at the current poor interest rates. Even not years ago since the interest rates have been in decline for plenty of years now. If you look at what are the better interest rates today, then 1.5-2% will be somewhat of the maximum. All other rates are below 0.5% annually. That's why I don't consider saving money in return for interest to be an investment.

I definitely agree that Poloniex is the most solid and respected altcoin exchange in the market, but that doesn't mean other exchanges are scams. Yobit has a horrible support service, which might even take much longer to reply or solve open tickets compared to other exchanges, but that doesn't make it a scam. I can't really comment on C-Cex as I simply don't have much information about this exchange, but from the looks, just as is the case with Yobit, there are a whole bunch of shit coins listed for the sole purpose of earning money. Every fake dev and its shill supporters are looking to buy themselves a position on various exchanges to dump their worthless coins on rookies.

It's all about control when it comes to governments, banks and corporations. So yes, they will develop their own version of the blockchain with possibly some sort of currency attached to it. If they go with this, and I think it will definitely happen, then they will be able to maintain the level of control they have right now, but with the benefit of offering people a much better and quicker overall experience. And if everything falls into the right places, people will also benefit in the way that the fees will go down as well. Blockchain as technology is a hot item for the business world, Bitcoin as currency not so much.

It's different per type of Bitcoin ATM and also in what country or state they are located, but when you purchase coins for the first time, you have to go through some sort of verification process. I know there are certain ATMs where you can just verify yourself with your phone number, but there are also ATMs that will ask you to verify yourself with your ID. In the latter case, I would never ever make use of such an ATM. You never know what is happening with your details. Imagine them passing your details to the government.... In the first case, you can just use a prepaid mobile phone number and buy your coins. Not much harm can be done here.

Mining is not an interesting investment option anymore with the constantly increasing difficulty. You'll be better off just buying Bitcoin as an investment instead of buying yourself into mining gear. But let's assume you are mining with the S9 at current BTC rates. Your pure profits will be as follow (power cost, pool fee, etc are already deducted);

First month ~ $99
Second month ~ $88

From here I calculated in a +-5% difficulty increase per 28 days, which of course can be much higher with the result of even lower profits.

Third month ~ $84
Fourth month ~ $79
Fifth month ~ $75

And again, these profits are based on the current price of ~$770. Imagine what it would do with your profits if the price happens to dive towards the south heavily.

In terms of features, the 2.0 crypto currencies do offer more, and according to certain people also better features, but so far none of them came even close to Bitcoin. Another point is that there is no need for coins with more/"better" features. Look at Ethereum for example, certain people have said that it will be the Bitcoin killer due to all its functionalities. But if you look closely, then these features are nothing more than gimmicks. It's great to gain attention from people looking to invest money into ETH, but it doesn't enjoy real world usage. Why? Because Bitcoin offers people exactly what they are looking for. In that regard, it's fairly safe to assume that there will never be an altcoin gaining enough momentum to come close to Bitcoin. Altcoins will only function as a speculative tool for gamblers.