There are sites where you can buy vouchers with your bitcoins and use them at the dentist or at gyms or restaurants the possibilities are unlimited.

If you maintain a good Internet security routine on your devices I think it's not dangerous to hold your stash in online wallets. I have tested several wallets and nothing bad happened like losing coins or getting hacked.

I think the technology behind Bitcoin the Blockchain will stay for a along long time being used in a lot of industries. Bitcoin may lose or gain value but the Blockchain is the real star of the show.

What will happen to Localbitcoins in Russia now? Are the trades considered money for personal use or for profit and thus needing a license to trade in the first place?

I prefer to have a designated address for each website I am dealing with listed under labels and such so I don't need to waste time figuring out which address is for which website. Having a different address for each TX sometimes gets messy if you want to keep track of your bitcoin finances but of course that improves your privacy.

If the government agencies don't start busting down doors or handcuffing people I don't think the Russians will care much about that rule. Of course the gov could employ a scare tactic by convicting a couple of victims this should put off most of the others from using it.

I think more charities should accept Bitcoin donations so the image of the crypto currency will be connected to good causes and generosity of people. Personally I am more inclined to donate in Bitcoins than in dollars.

Carolina 24 @ 17 Denver

Well it's more exciting than what we had @ $250 a few months back anyways isn't it? Besides Bitcoin is taking baby steps at the moment figuring out how to deal with the impending problems and stuff.

Are these human followers active and what are their demographics? Can you get people from targeted countries or it's just random?

Have you tried watching videos of people trading? I think there are some series on YouTube also you can attend some webinars on trading I mean there are so many ways to learn outside this forum.

Have you tried renting a P.O. box in the USA which you can use to forward all your purchases in the USA to UK? I think this is more convenient than searching for people every time you buy something and need shipping.

What are your fees for the exchange because there are sites out there that are doing this conversion.

It's not a bad thing because all the Bitcoin scammers rampaging around now will be hit the hardest and they won't be able to hide behind the anonymity any more.

Yeah I second that. If there is a way to trace back all the Bitcoin scammers the image of Bitcoin will be cleared and people will think of it as legitimate Internet money and not like thieves are out there to steal your cash every day because they can.

If Bitcoin fails then I would start investing in precious metals instead the bad thing is that you can't conceal them like bitcoin

I would like to see some pre-paid debit cards for bitcoins where you can walk in an office and just transfer bitcoins from your wallet and get fiat and don't have to wait for transactions at the exchanges. Does such a service exist already?

I don't have problems providing my ID when withdrawing to fiat but why would the price of bitcoin fall down this move will make bitcoin more legitimate across Europe and won't be associated only with shady deals over the Internet. I am only worried about paying taxes on cryptocurrencies.

If you don't want to use 3rd party crypto exchanges then I think your only option is to trade person to person and I would check out Localbitcoins or the bitcoin forums in your country.

Okay the hotdog vendor will accept bitcoins but when he gets said bitcoins and goes to the bakery to buy some buns for next day's batch or to the supermarket to buy sausages and they don't accept bitcoins there how will he manage that without the exchanges to turn into fiat? Everyone is so short-sighted with Bitcoins.