I hope that this article is true. Once again we are witnessing a long queue of unconfirmed transactions (around 30,000 as of now), and delays in confirmations. My friend told me that yesterday he paid 200 Sat/Byte as fee for a transaction and it took 2 hours to get the three confirmations.

IMO, there is no need to invest in anything with BTC. Bitcoin itself is a good investment. Then what is the need to further invest in anything using this asset? Just keep your coins safe and secure and after 2-3 years it will give you a good deal of profit.

Under normal scenario, the chances are quite low. But if something bad happens with Bitcoin, then there can be a chance for BCH. For example, if there is no consensus for the November implementation of 2MB block size, then the exchange rates of BTC can drop. And this could be followed by a rise in exchange rates for Bitcoin Cash.

Personally I believe that any income from Bitcoin must be exempted from tax, simply because it is a currency rather than an investment asset. But if they are using Bitcoin as a medium for tax evasion, then it is another story.

This may be due to the rising tensions in the Korean peninsula. The Southerners are afraid that their national currency (South Korean Won) might get devalued, if the Americans attack North Korea. Purchasing Bitcoins may be an attempt to shield their wealth from this potential devaluation.

I hope that Bitcoin will reach its peak valuation by sometime in 2020-2025. By then, it may be used by at least 250 million people, compared to the current user base of 10 million (25x increase). We can expect the exchange rates to rise correspondingly. A 25x increase would mean a final valuation of around $100,000 per coin.

You can take this in a positive way. I had a chat a few days ago with one of my friends who have been collecting Bitcoins ever since 2011. He told me that in 2011 and 2012, he used to receive a lot of dust transactions (amounting to around BTC0.0001 each) from unknown sources. His wallet contains at least 100 such transactions. But he was able to profit out of them, when the prices increased in 2013.

Hmm... the same thing happened with me. Before the last block reward halving in 2016, I thought about purchasing a few coins. I knew that the prices would go up after the reward halving. But then I decided against the idea, as I was short of cash. Back then the exchange rate was around $230 per coin. Just imagine what I could have done, if I had purchased the coins then.

Once again, the situation is turning really bad. Right now a total of 57,000+ unconfirmed transactions are in the queue, with a total size of 61 MB. And you may find this hard to believe, but all the transactions with a fee of less than 261 Sat/Byte were turned down during the last block.

As per the official definition, a High Net Worth (HNW) individual is anyone who is having a net worth of above $1,000,000. Anyone with assets measuring more than $30,000,000 is an Ultra High Net Worth (UHNW) individual. So in Bitcoin terms, it is BTC242 and BTC7,264 respectively.  

I checked a few of these wallets and the last outgoing transaction was made many months or years ago. Mostly in 2014 or 2015. It seems to me that all these wallets are used for cold storage of Bitcoins.

I would say YES for investment, but NO to investment in altcoins. As you might have noticed, the share of Bitcoins in crypto-market cap has increased from 38% to 52% in a matter of less than two months. This trend will continue in the next few months as well. Believe it or not, the altcoin bubble has burst.

Can't agree with you. Let's take an example. Someone is earning a salary of $400 per month in a third world nation, and he is living with his wife and child. Suddenly he learns that his kid has a serious medical condition and a surgery must be performed in order to save him. The surgery costs $25,000 and this guy can't afford that. In this case, would you still say that money is not important?

Yeah... yesterday there was a report from Goldman Sachs, which claimed that a major correction can occur at any time, and the prices can drop by as much as 50%. That news caused the current downturn. But it seems like the prices have stabilized at $4,100 - $4,200 levels.

I do trading in stock market as well as Bitcoin. Till now, I have received profits from both. But I don't need to explain it. The level of profits which I received from Bitcoin can't be compared with those which I got from the stock market.

Why we are comparing one oz. of gold with one Bitcoin? These units are not the same. One oz. is not equivalent to one coin. IMO, we should be comparing one tonne of gold with one Bitcoin. So here is my comparison:

One tonne of gold: $38,600,000
One Bitcoin: $4,100

Perhaps now the SEC should seriously reconsider their decision to reject the Bitcoin ETF? Or it will be even better if the Winklevoss twins could list their ETF in the Tokyo Stock Exchange (TSE).

I don't know about the others, but I don't consider myself rich. I have only around BTC0.100 in my wallet, on top of a few ETH and XLM. Even if the exchange rates increase by 10x or 100x, Bitcoin will not make me rich.

Today I read a report from Goldman Sachs, which claimed that a major correction is due with Bitcoin and the prices can crash as much as 50%. Personally, I don't believe that a crash of such a magnitude can occur. But if you have trust in Goldman Sachs, then it won't be a bad idea to wait for $2,000 per coin exchange rates. But if you agree with me, then purchase your coins now.

It was easy to predict what would happen after the Bitcoin / Bitcoin Cash split. Because most of the users, exchanges and the developers were against Bitcoin Cash. But it will be difficult to predict about the split in November. We are still unsure about the level of support for Bitcoin Core and Bitcoin 2x. I want Bitcoin 2x to prevail in the end, but things are very fuzzy.