I don't think there's any valid argument on the points brought up. We still have about 7 mil coins yet to be mined. The current price is still within reach considering the potentially for it to go up in value in many years to come, right now is still cheap.

Well, not exactly. Even though it hasn't reach that level just yet I still continue buying but in smaller amount only when there is a dip in price. A lot of people might be waiting for that ideal level but whether it can be reached is another thing.

Though it sounds good, I just wonder what's the difference between using your phone loaded with bitcoin and swipe it at terminal accepting bitcoin. I imagine this would be more convenient or in any other way means more control over security of my coins.

I have been studying the trend and movement of crypto in relation to each other. And there's a lot of potential to earn based on trading the coins. I see traders taking advantage of the delay on updating the change when there is heavy movement going on.

Yeah, so what. Similarly I can imagine with no banking system, everyone would be relying on gold to exchange for foods and weapons. A complete barter system based solely on essential items needed for survival. Even the fiats will prove to be useless in this scenario.

I don't deny there's always a group hoping to make quick and all it matters to them is making money and apart from that anything concerning development of bitcoin means nothing to them. However put aside this group there's still us who truly believes in the future of bitcoin and no matter what will continue to support. And that is why bitcoin is still here to stay.

Sounds a great idea. Everyone can certainly play their part to make a difference and who knows it might just help with a little bit of push. I agree a lot of people still are not aware of bitcoin existence, also there might be people who know about it but are not interested to check it out.

Saving money in banks basically means getting negative returns. Depending on countries there are banks which are already imposing negative interest rates and while there are some that still pays interest but the amount they are paying is considered lower than the inflation amount which basically still means getting negative return.

It's difficult to foresee what would happen. For instance just 2 weeks ago the rise was pretty fast and we expect it to breach 300 level but that did not happen. When it drop there was also quite a strong buying support that keeps the price from dropping further so it's kind of balanced right now. Anything could still happen and even the order book saying the sentiment is towards downside, a sudden large buy order could change everything.

There are a lot of sellers or even buyer accepting paypal in exchange for btc but having said that, usually i would avoid using that payment method. If you can find someone within your locality for the exchanges, it's better to set up a meeting place to do instant transfer on the spot. That was what i did.

Technically speaking i don't understand why the article needs to relate 51 percent attack and double spending to loans and debts. It's not a one to one analogy. Attack on the system is an unlikely but possible scenario but the debt thing is happening daily. And to certain extent, i think the article has other intentions.

Why take the risk by having someone else keep for you on your behalf. I'm not implying that they cannot be trusted but anything can still happen even though security measures have been implemented. Furthermore managing your own wallet and money is not that difficult if you know what you are doing

Oh wait, If you are so confident of a drop coming pretty soon, you ought to put everything you have to short bitcoin. And that means selling everything you have including your clothes, car and house to bet on that drop. If you are so confident....

If it were to be dead this forum representing people who believes in bitcoin has to be dead as well. And seeing this forum being so active and lively i doubt so. Plus if you check exchange order book there is still a long list of buy order waiting to grab bitcoin. So tell me, is it dead??

In that scenario even nobody would want gold lying on the floor so why blame it on bitcoin for that matter. I imagine it would be chaotic and In that last final moment people would be thinking of doing other important things than checking their wealth.

I foresee when the collapse really took place, the whole world will accend to a total chaos. People would be buying bitcoin pushing the price upwards to an insane level. And from there the new economy where everything is priced solely in bitcoin becomes the new standard. I imagine it will be possible someday

It doesn't mean that when you want to sell there will always be a buyer unless the price that you offer is right. A trade or transaction doesn't take place until the buyer and seller agree on a price for the exchange. Technically if there are a lot of sellers in a marketplace they will try undercut each other price to be the lowest to reach a trade exchange and that is what brings the price down.

Well, on a second thoughts maybe altcoins have it use after all. Imagine how boring it were to be if we can only trade between btc and usd. Trading does help to make the crypto scene become more livelier, more news event to write about and that's about it. In general I still think it brings more harm than good.

That's a very good point raised. Even if they act as an escrow service, charge back could still take place 1 month down the road especially when some for items that involve international shipping, that would take even longer and changeback could still happen more than a month after that. So they can't just hold on to the bitcoin for that long because once released it is not reversible. After reviewing the point, yeah, I don't think we'll ever see a paypal bitcoin currency account for that matter

Just relax. If I were you I would continue to hold on to my stash. My prediction will be that after the next halving, I mean the second one, will we start to see the price gradually go up. And whatever happens right  now, shouldn't become a worry because at this stage it is still not yet stable, basically with so much supply being introduced each day to the open market