Oh, and by the way - none is singular, so your title should be "None of you is a financial expert".

Expect replies such as these when you portray yourself as an educated financial expert.

You need to stop following the forum, and read some of the better threads about the mechanism and structure of Bitcoin.

None of your points is actually relevant to the long term future of Bitcoin. Also, you fail to address the real threat, which is a reduction in the velocity of Bitcoin due to the purchase and freezing of Bitcoin by those with vested interests in restricting its acceptance as a medium of exchange.

There are two aspects to privacy. Reading other people's communications, and watching their actions. I'm now old enough to be boring, so I'm not too worried about this. I believe that it is better to use "the system" legally, rather than try to fight it, so I suspect that the government and its controlling superiors are well aware of my actions. The other aspect is identity theft, and this is where we need to take precautions, and be aware of potential problems.

If you increase the volatility, then you increase the trading spread, and thus the profits for the exchanges.

There is no way governments can block its use, and they are unlikely to want to. I think that the Deep State ( who control the governments of course) are buying Bitcoin to push up its price and reduce the number of coins in circulation. This is a far more effective method of reducing the use of Bitcoin in my opinion.

Thanks for the warning. I've just blocked emails from all pw domains.

I suspect there may be many members like me who don't really care if their posts or messages are read. If I need to make some confidential arrangements with somebody, then I would do this away from the forum. My primary concern is the protection of my posting. You may not agree with my opinions and ideas, but at least they are mine, and I don't want anybody pretending to be me to post other information, or to perpetrate any fraud. Anything that helps to reduce spam and malicious attacks is good in my opinion.

Wow - this thread has gone mad for a quick tongue-in-cheek posting.

My personal view is that the deep state is buying Bitcoin to try to make it uneconomic to use. This will allow their alternatives to replace it for everyday transactions.
With people like Jamie Dimon buying it privately, but diss'ing it publicly, then you know it has a future. We are starting to see price manipulations similar to gold and stocks, so, unless you need the money, I believe it is best to accumulate Bitcoin as a savings medium. Just ignore the price swings - well take advantage of the dips of course.

I'm in the process of exchanging my US dollars for domain names, and selling those for Bitcoin. It's a slow process, but it is showing some useful returns. I'm still debating what to do with the bit of Bitcoin cash that I've got - it's not really enough to make any difference, so I have to decide if I want to run a node for them, or even to start mining.

Do banknotes care, and does gold care? It's a good thing that Bitcoin is free of government control. It protects us from all the theft of savings perpetrated by the bankers and unicorn politicians.

You guys should stop buying Bitcoin - how am I going to fatten my wallet if the price keeps rocketing up?

What are we going to do when the Satoshi achieves parity with the dollar?

I don't understand your question. Misinformation like this affects all of us, and is designed to discredit Bitcoin.

Of course I don't need stupid facts like this, but I do need to know what is being said about Bitcoin - Kitco is quite an influential site in the investment world.

I suspect she is talking a load of spherical objects, and doesn't understand Bitcoin. It's probably the amount ofpower required to generate a block. Also, it may include the power used in maintaining the Bitcoin nodes - I've got a node running whilst I post this, so what percentage can be attributed to the node?

I bet more energy is used by Twitter and its followers, and then there is YouTube, and the rubbish that is downloaded there.

Anna Golobova states that -
 one bitcoin transaction equals to almost 300KWh of electricity, which is “enough to boil around 36,000 kettles full of water,
in an article on Kitco news
http://www.kitco.com/news/2017-11-27/Bitcoin-Uses-Up-More-Power-Than-Any-Of-These-159-Countries.html

What a load of Golob.

How much does Visa use, and the banking system - you need to include the generation of the virtual fiat currencies in this calculation as well.

There are scams involved with all methods of payment, some of the worst are with credit cards and with PayPal. You need to check the buyer and his ability to deliver outside the payment service. This is why I like immediate registrar pushes following payment as a method of buying domain names.

Isn't that just a custom title?

It's better to use Bitcoin imho. All Fiat currencies are unstable, and it would be difficult to know which one to choose.

I haven't changed mine because there have been so many threads about password changes causing accounts to be locked.

I need to work out how to make money from selling domain names for all these forks.

They already do that, unless the topic is intereting, and then it is left to die because they don't understand it.

Maybe sig programmes should have an entrance exam.

Find a friend who runs Bitcoin core, and copy the blockchain onto an SD card, or external SSD. Download core, and point it to the SSD drive, or copy the SD card onto your hard drive, and use the copy. Core handles that without any problems. If you don't want your ISP to know you run Bitcoin, then install core on a netbook with the SSD, and synchronise at your nearest McDonalds or other WiFi restaurant.