Well the safest wallet would be the hardware wallet. It may take time to sync initially but your bitcoins will be in a safe hand.

For online wallet, you can try coinbase. It is quite old and trusted till now. Also no fees for the transaction. I am using this online wallet from a long time now and satisfied with the service and security.

The worst mistake I have done with bitcoin is that I had invested in a doubler program known as btc2x.com....I was sort of new at that time and earned few bucks from faucets.

I have invested the total amount of bitcoin I had at that time and lost it all. I understand that there is no get rich quick scheme is available, but I couldn't overcome my greed to double my bitcoin. Also I had very less amount, so taken the risk. But it was not worth it.

Hi, Please update my rank as a full member. I have updated the signature. Thanks.

No, you don't need to use your actual identity to use an online wallet. but some countries may have some rules about using bitcoin. You better be aware of it. If your government is controlling the bitcoin market in your country and taxing it, it's better to be safe.

But by nature, bitcoin is anonymous. So, no verification is required.

Those who do not charge transaction fees, they mainly earn from the advertising revenue and also from the bitcoin exchange. Good amount of traffic can turn in to a very very good income.

If you want to buy bitcoin using xapo or coinbase, you will have to pay a currency exchange fees. That goes to their income.

I have around 3 millions of VAL and I still think it is not useless.

But we now need to take this coin to some other big exchanges so that the penetration can increase. But it is too early to say that the coin is useless.

Hold it for some more time.

It is a very tricky question. Gold and bitcoin is two different things and has their own distinct properties.

Gold is not always an investment to many people. People use gold for making ornaments also. Whereas bitcoin is purely a currency which is used for investment and savings.

Gold has a long reputation and known by entire human population whereas bitcoin knowledge is limited only to tech-savy people.

Countries use the gold as a backup of the fiat currency. So Gold is certainly more valuable and profitable than Bitcoin. At least for me.

Is it legal to write on the banknote? Also is bitcoin legal in your country?

If yes, then it might get some people interested about bitcoin, otherwise it will be a total failure.

To promote bitcoin, it is better to hold a public meeting and let them know about the technology. But since solo mining is not anymore profitable, I doubt many people will be interested in this.

Hi, Seems like you have made this post just for the heck of posting something. It leads to nowhere.

If an old member like you is making such useless posts, then other members will start doing the same.

If you have anything specific ways to make bitcoin, let us know. Or else, maintain silence.

Mining can be in the form of cloud mining and it is suitable for dummies. Only they will have to invest initially. There are some cloud miners, who are real and paying off their investors money as agreed.

Though trading is truly risky for the dummies, but eventually if they wish to earn big, they will have to move to trading. It's better for the dummies to learn trading using altcoins which is available in the market for free/easily. Then only they can move to bitcoin.

I do agree with your view. Centralization is the only fear the general masses have. I don't know whether is technically possible to have a central regulator for bitcoin or not, but without going in to that technical nitty-gritty, I can say bitcoin is born to be not regulated. A country can impose taxes on bitcoin transaction, but that can only happen when they know how to trace that transaction and prove that it has been done someone residing in their country. But there will always be some people, who will want to use bitcoin legally. So you can expect mixed reactions on that.

Secondly, I too believe that bitcoin is not good for daily grocery and food shopping. Rather, it is an alternate way to save for future and unforeseen expenses. Me too is doing the same, only accumulating and trading with a little portion of it.

There are several investments can be made. The list is below:

1. Hold your bitcoin (it is an investment indeed)
2. Buy mining contract (check reviews of the particular site before doing so)
3. p2p loans (btcjam - check this website)
4. Trade bitcoin (c-cex or yobit)

free tips: strictly avoid ponzi websites who offers high interest rates.

I doubt it would ever happen. Bitcoin will always be an alternate way to receive money which is not regulated but fiat is regulated and legal.

Bitcoin is an avenue using which you can save money or transact but it is not backed by any real tangible asset. On the other hand, fiat is back by some real asset which is trusted by general people. So bitcoin will never be able to replace fiat.

But if you want to make it big during your retirement, start accumulating bitcoin. 

In 2010-11 the entire crypto currency market was booming and thriving. Lot of new people joined this world and started earning and trading crypto currencies at that time. If you check litecoin and darkcoin prices at that time, they were also higher than the current time.

But over a period of time, the bitcoin price has stabilized. Also a lot of other crypto currencies are hindering the growth of bitcoin because people have started investing in altcoins. If those investments came to bitcoin, it would have been huge.

I don't think faucets (the list which you have shared) will help you earn big. It offers very little earnings. but yes, if you can do fauceting for the whole day without getting bored, then you may earn little more.

The best way to earn bitcoin is trading. If you want to earn good amount of bitcoin, then start trading.

Or else, you can start p2p lending. there are websites like btcjam, you can join and invest. Only fauceting is just waste of time. 

Dumpers are everywhere and in all coins. There are so many altcoins in the market which are significantly premined. But the problem with VAl was the free distributions were in billions. So greedy people are try to make some quick bucks out of it.

But what I see in C-Cex that, apart from bitcoin market, there are buyers in DOGE, LTC and USD market and it is moving in a slow pace. Lets hope for the good.

I don't think there is any one factory based on which bitcoin prices are moving. There are so many technical factors involved. An expert will be in a better place to tell you in details.

But apart from the technical aspect, any market moves based on two factors:
1. Demand - supply chain
2. Sentiment

The demand supply chain says, that the prices will be higher, if the demand increases/remains strong and supply falls and vise versa.

Secondly, being the pioneer of crypto currency, people are emotionally attached with this currency. There are many people who has stopped solo mining bitcoin a long time ago and currently mining other currencies, but they are holding onto their accumulated bitcoin with high hopes. That's the second external force that moves bitcoin market and prices.

advertising will certainly help to increase the penetration of bitcoin in to general mass. but they should have proper resources available in the internet where they can learn abut the blockchain technology and mining guides. Otherwise the advertising will go in vain.

Also the advertiser should be benefited from the people using bitcoin, otherwise, no one will come forward for charity. 

Who will take control and why? Why it is necessary?

Can you please elaborate what will happen in 10 days?

That's really sad..21 BTC is huge amount and I can understand your feelings after loosing them.

Even I have lost around $1000 when Liberty Reserve closed down. I lost my savings in just a moment.

Maybe you can send few satoshis to that BTC address with a note attached to it. But it's very hard to get back stolen money. Wish you luck.