Just proves CSW isn't really the man behind bitcoin because he's easily offended by remarks about him being fraud. If I was the real Satoshi and I was being remarked as such, I'll just laugh it off and do nothing about it, considering that I know to myself that I am the real deal behind bitcoin. Also, this proves that CSW can't take the heat of what he had caused, leading to an eventual spur of negative events toward his way. Never been amazed of this man since I read about him, and never will I ever be.


That sucks, so basically if Hodlonaut can't present a good case, he basically loses the lawsuit and gets jail time. Clever thinking, CSW, but still negative publicity from the community.

It's really hard to define one thing if the complex things come rushing into your mind first and completely forgetting about the simpler terms which are easier to comprehend by laymen. This has been discussed for plenty of times in this forum and there doesn't seem to be one universal definition in which bitcoin would fit. Anyways, here's my take:

Bitcoin is a peer-to-peer digital currency that can either be an investment (for profits) or be used as a form of payment if someone would be willing to accept it.

Same owners of different machines, just outsourced into different countries doesn't mean decentralization at its core. For all we know, it will just be one company who would be owning all of these miners and they're just being relocated to a new home. The mining conditions in China are suitably well for operators, that's why it has become the center for the mining industry. With their miners being relocated into somewhere else, with the same owners and operators, I don't think that changes the scenario even in the slightest form.

Compared to the Dow which has been rising for a few years now, bitcoin is actually nothing, but for the first quarter of 2019, I'd say bitcoin has done pretty well on its own. The rise that we have had these past few weeks was just a short stint from the bulls and the momentum may have been lost by now considering that we haven't seen any attempts to break $5500 very recently and order books have since thinned after the last push to $5300 just yesterday. Should bitcoin continue its stellar performance just like it did on the first of April, we will really outclass the Dow for this year without even spending the whole days of 2019.

I don't know whether Assange will ever win any cases filed against him, knowing that the court had been chasing him for 7 years now. To effectively silence him, this is what the government will do: arrest him in their own soil in order for him to not make any potential leaks ever again in the future. It's great that people have been donating to WikiLeaks for it to continue its operation, and I know for a fact that the war to bring truth and justice to those who need it doesn't end with Assange's arrest, as there would be other people out there wanting to make this world a better place.

I'm perhaps included in an option that you haven't listed: continuously buying while the prices are calm and just waiting when the moment is opportune. This has worked for me in the wee months of 2014-2016 right before the bull run and I have been doing it again ever since the decline to $6000 down to $3000. Right now, I'm just playing the waiting game, adding something on the books just in case and hopefully get some more profits on the way.

For every investment one has to make, they need to really dig deeper and gather factual information before spending any money for any ventures that they see promising. This holds true not only to cryptocurrencies but also to traditional assets as well. If no research has been done, no risks were assessed and nothing is correctly planned, it's basically just throwing money off of the window or giving it to someone else. As for Warren Buffet investing in bitcoin and crypto, we'll never know, but from the looks of it, he's just too old to care and the reward does not even please him should he ever make his jump into the cryptosphere.

It's a compromise traders have to agree with in order to safeguard their assets if they want to spend a day or two not doing anything or transferring funds in between exchanges/platforms. The controversy only arose since Tether cannot really show its assets amounting to every USDT they have printed, and so some people have questioned whether they are being true to their claims or not. I don't think stablecoins are really a necessity in the whole of cryptomarket, but rather an optional feature/token that people can use if they want a temporary hedge against the market's volatility.

Yes, bitcoin in circulation is more accurate and can lead into more plausible results than total money supply, but even then you will be having some form of problems in terms of accuracy as there doesn't exist a single reliable service that can tell you the total current bitcoins in circulation. All of the data available in the internet are just rough estimates given that there are wallets with bitcoins in them that hasn't been moved for years yet they are still active since the owner still has access to them.

The main question is whether the US Gov't will really approve such a bill. The gov't had been pretty much neutral when it comes to talks regarding cryptocurrencies and its related regulations lately so this particular bill, IMO will be a vital turning point to see whether the US Gov't really is open into legalizing cryptocurrencies and designating them into an official asset class finally. It seems that different governments from all over the world are looking into legalizing bitcoin and other cryptoassets fully.

And taxes will come after, surely.

I second this. Usually I see antivirus software as a clog to my finely-working system, and I could live without them knowing that I only use my computer to just browse this forum and do some work-related stuff. The other aspects of my internet life I use a different machine for that, especially for gaming, downloading things and streaming movies online. In no way would I ever install Kaspersky or any other antivirus on my PC since Windows Defender had been pretty much a good company for my machine for the past 3 years.

Skimmed through the article and I didn't seem to find anything regarding 'begging' but rather continuously relating bitcoin and conventional asset classes. I'm not defending anything regarding CCN but you may have overly analyzed the said article. Also, ultimately it's the choice of institutional investors and those meddling with the Dow to place their money on cryptoassets, and not because the community is 'begging' them but they simply want to take advantage of the opportunity for profits.

Perhaps this is due to them meddling with OTC markets? For sure, the institutional investors have long considered buying bitcoin and other cryptocurrencies even before the boom of 2017, and have taken precautionary measures to not disturb the market while everyone thinks we're just heading for the bottom of the pit. If you believe that institutional money is not yet here in the cryptospace, you might have a limited view of how things work for these hungry-for-money lads. They'd do everything to get the maximum profit possible without everyone else knowing, and so the slip down to $3000 levels was intentional and all these guys did was to accumulate while they can.

More recently, right-wing extremists. But in the past, people have also called bitcoiners as underground criminals who would do nefarious stuff with their internet money during the rise of the Silk Road. Right now, my friends who know that I'm meddling with bitcoins tagged me as someone "lucky" who had been at the right place at the right time, with the right amount of bitcoins during the bull run. They aren't wrong as most of us here are truly lucky to have witnessed and participated the climb from $1000 to $19000 in 2017.

If we're talking about 2016-2017 sportsbet.io, I could have trusted that service/website, but if this is the recent sportsbet.io then I think I don't and won't ever be using it again due to the numerous complaints they have had for the last couple of months. They have never delayed any withdrawals in the past and has a pretty cool points system back then, but now it seems that they are slowly losing credibility and passion on what they do unlike back then. There is always nitrogensports.eu if you really like to do some sports betting (and I'm not promoting them in any way.)

Their hashing operations could certainly go elsewhere should the Chinese government finalized the draft with a clause regarding mining farms, but the manufacturing of mining chips IMO would not be impacted as we know that the Chinese are benefiting from this (go figure.) For sure, both BITMAIN and Canaan are already scouting for places to relocate at and their logistics teams are already busy planning the trip as early as now.

China's 'ban' on crypto mining wouldn't change anything in the cryptomarket landscape IMO. Most mining companies in China would just relocate into other countries and continue hashing. And that does not affect the demand side of the market in any way, considering that the world has since moved on from China's antics on the wee days of 2016. If anything, this will just free up the control the Chinese has over the network--not that the same miners would likely do something stupid to the blockchain anyway.

Limited availability of both assets mentioned is what makes them valuable, though gold has an edge since it can be used into something else apart from being just a storage of wealth and assets.


The volatility of bitcoin's price is what ultimately lured in a lot of people (traders specifically) in the cryptomarket. Without it, I don't think we'll be here right now discussing which is better between gold and bitcoin.

Also, no, I don't think bitcoin will ever solve the problems of debt created by the fiat system. Never in the entirety of its existence will it be able to attend to the ill-effects of QE.


Whichever suits best for whatever situation is where my money would go, surely. It's a given fact that people will choose gold over bitcoin in most cases due to the former having proved its value for centuries now though in the event that bitcoin proved itself superior over gold, people would surely start putting their money on the said digital currency/asset.

I've ardently believed that we will see sub-$3000 prices back when the fall from November was fresh. Fast forward, 5 months after, we have seen ourselves a $2000 increase from where we're standing for the longest of time yet I'm still not convinced that this is the start of the much-awaited bull run. Perhaps people are still busy accumulating and the recent increase was to just shun those who are waiting for the price to go lower and execute their buys, and boy some people really are affected with that sudden increase. I know for a fact that we're yet to see a massive bull run, but it'll certainly happen, and realistically speaking, not on a scale that some of us here wanted to, perhaps $30-$50k is a more plausible target.

It's great that the exchanges fared well on the 1st of April mini rally, and have continued being operational albeit the mass trades that occurred thereafter, possibly due to the FOMO the price had generated after people found out that we're back on the $5000 levels. However, I fear that the exchanges are still not fully equipped to the brim to handle a huge number of trades in their platforms should a bull run commence. Heck, we might even see exchanges/platforms freezing during the heat of the moment.