If you live in a country where Bitcoin is regulated and if the exchanges become regulated, I believe the government will have the right to look at your records if they think you are evading taxes.

The good that comes with regulation is that you are protected by the government in case the exchange gets hacked and you have your coins stolen. They could help you recover all of your coins or the government pays you part of it. In America it might the same as the Federal Deposit Insurance Corporation.

But how does the majority in the community think about Segwit2x? If it does cause another split then I believe it could impact the price negatively. We cannot have 3 Bitcoins in the market, it is stating to look ridiculous.

Why not make their own altcoin if they are not happy.

Because I got them for free and I am waiting for the great pump from Roger Ver and the Chinese miners. I believe the flooding of the mempool will coincide with BCC's pump that should be happening in 2 or 3 months.

OP, yes we all hope so! I am a Core supporter but I do not mind it replacing Ethereum as the 2nd placer in the market. BCC supporters do not have a choice but to pump it or the miners will take advantage and keep pulling off from mining it to activate the EDA.

I understand what some of you are saying that ICOs have become the new outlet for scams. But do you not agree that it is also a new way of funding real projects without having the government and banks involved in the process? Everything is done directly and peer to peer. Was it not this the whole idea of Bitcoin and blockchains?

It is in my opinion that China is very short sighted in their ban on ICOs. I am only an observer of the whole ICO market as I hold Bitcoin only. But I do believe in ICOs as the future of a democratized way of getting financial support for the unbanked.

Who said that entrepreneurs with good ideas should not be given every opportunity by the community themselves? But of course we should still be careful and be responsible with our own actions. People will lose money from scams.

Do you think a country like Switzerland or Singapore welcome ICOs and become new havens for them?

I confirm that I received payment. Thanks Yahoo. Too bad the campaign closed early.

Also consider the panic sellers and the whales manipulating the market after making the "Chinese bans ICO crowdsales" bigger than it is. This is simply an overreaction of the market at work again.

That is interesting, OP. But we know that past results does not equal future outcomes. Many people make this mistake of basing their trading decisions on the past with limited success. If it was really that easy then many of us would be rich in trading by following a simple precept.

Do I think Bitcoin's "big crash" will occur? Yes of course. But it cannot be predicted.

Meanwhile I am busy looking for more fiat to catch all those coins they are throwing in the market. Shall I include my rent and grocery money?

OP, do not worry about such things. The government will always try to control everything. What we have to do now is to keep buying the dips now and be rich later. We have the panic sellers to thank for this opportunity.

Because that is what it all was. A dream. Whoever said we can get away from the oppressive nature of the government is dreaming. We should wake up and accept our fate.


It is not a battle. Those are panic sellers who dumped in the market making the price go down. The government only did their jobs to ban crowdsales because they are illegal.


With or without Bitcoin, they always win. Look at human history, the oppressors always enslave the oppressed.

Bitcoin is dead? Again?? But we have not reached the moon yet. I am getting very bored at $4000, when are we going to $100,000?

We are only at the starting line in my opinion. The finish line will be at the $10 trillion valuation for Bitcoin. Let us enjoy the ride.

Are you an excellent trader? If not then you would lose a big portion of your $300 within a month or 2 months. With a starting "fund" that small, the volatility of the market alone will eat it all up in a matter of days.

My advice for you is to buy and hold Bitcoin.

In times like these it is a good time to thank the trading gods for giving us another opportunity to have our bids hit again. I was starting to worry that I would not have my target of 10 Bitcoins before going to $10,000 per coin.

Are those scamcoins trying to look like blockchain gift cards? Will they be listed in altcoin exchanges? That would be funny because if something like Burgerkingcoin will become successful and widely adopted, then I am sure Mc Donald's and the rest will enter and also issue their own coins.

Will each coin be backed by 1 happy meal?

Convenience.

Try buying your groceries, paying your bills, paying rent, paying your taxes and all of that with Bitcoin. It is hard because only a minuscule portion of merchants accept it. You cannot survive without fiat.

Give all your fiat to me if you want to burn them.

OP, of course it will. The push upward is still very strong and the dips from the $5000 high should now be our opportunity to buy more before the next pump to $5000 and beyond.

We have been in the same position before with Bitcoin never failing to prove the doubters wrong.

What do you mean by "Bitcoin is a way to earn a living"? Do you mean earning your salary in Bitcoin? Those kind of jobs are very few and I have not seen any mainstream company offer Bitcoin as compensation.

If you mean Bitcoin trading, that is not that rewarding except for the best of traders.

My one and only advice for newbies that I have learned through losing a lot of money before making some. With Bitcoin, "ALWAYS BUY THE DIPS" and "BUY AND HOLD".

We do not know where this is going and all it is doing is going up. The support of the community is getting stronger and stronger every year, yet Bitcoiners are only less than 1% of the total world population. If 5% of the world's population become Bitcoiners, BTC's market capitalization would be more than $1 trillion.

$10,000 is very possible with the kind of momentum Bitcoin is having. But I would honestly be happy if it ends the year above $5000. All the risk holding it in bearish times and all the frustrations caused by its volatility has paid off.