If we are already at 231 and holding pretty solid, we only need to get past September and October and we'll start seeing some gains, but contrary to popular belief I hope this is not the case. I need an entire year of a low BTC to collect as much as possible before the inevitable trip to mars that will never come back to earth never again.

It's flashback friday an actual thing? because there are a lot of good threads from years ago that are worth bumping as a reminder for newbies to see how wrong people was when people sold at ridiculous prices such as 15$. I remember a thread with a guy saying he was selling at that price and abandoning Bitcoin because it was "all over".

Fiat will never be over as long as people and governments all around the world keep accepting it. I don't see people saying "no thanks, I don't want your dollars" anytime soon.

I see Bitcoin becoming huge tho, but it will take at least 1 to 2 more halvings, then we MUST reach 4 to 5 figures per Bitcoin, it's mathematically unavoidable if more fiat money enters the system (even 6 figures is possible with less than 1% of fiat inside the BTC ecosystem).

Well, if you are earning 10K a month after taxes you are already rich. The problem is getting there. I don't know how.

As far as investing in pumps goes, it could make you plenty of money if you already got plenty of money.. otherwise you don't get that much. So you would basically need to get it right a ton of times at the begining to make a lot of money, and its next to impossible to get the pumps right each time.

I think it would be a fantastic caricaturization of the fact we are living on the end times of a collapsing system. A hip hop popstar leading the United States would constitute the ultimate proof that the world has gone completely insane. At least we would have a president with plenty of swag tho.

I've posted this before and got told once that that website is not very accurate and was somewhat "rigged". Could someone explain exactly why fiatleak.com is not legitimate? i've tried to find a good explanation for this but I can't find anything convincing, it seems pretty legit to me, its just taking data from the exchanges right?

The next step is reaching worldwide keyboard manufacturers so a BTC symbol is added on keyboards next to filthy $ and € etc. If we managed to pull that one off then we'll know we are all already rich (that's if you are already holding double figure BTCs in your wallet).
Imagine being a pioneer that had a currency before it was added in keyboards worldwide. You know you are a early investor when that happens :p

Lol gambling with 50 BTC would require some massive balls. I've never had 2 figure BTCs so seeing my wallet with 2 figures would feel really good. But I would feel really bad for the owner. Then again, there's no way to know what that money was for or if he had some bad intentions, so I would probably auto convince myself that im doing a good thing by keeping it myself

The irony is, this all could have been avoided if Ashley Madison used Bitcoin to accept payments instead of the outdated credit card system which due it's centralized nature requires that ALL data is stored, all credit card movements + information is on their databases. So I hope they learned the lesson and next time they buy some Bitcoin.

It's always great news to see universities paying cryptocurrencies (specially bitcoin) the attention it deserves. As a teacher you would be mentally insane to not tell your students about Bitcoin. Anyone involved in technology should be holding some Bitcoins by now an studying the protocol on a daily basis if you want a job in the industry, in the next 10 years it will be everywhere.

What's funny is some analysts and politics are already saying China's situation is not that bad and basically how its good that the chinese goverment is manipulating the stock market. Don't watch the Manipulated Stock Markets to tell you what to do. Take a look at commodities prices and tell me with a straight face that everything is great in China and that the Chinese government can control world demand lol.

I also want something bigger than 500, at least 4 figures after halving and after the blcoksize debate has been solved, but make no mistake, big and fast raises usually come with big corrections, but yeah I hope we can have a 4 figure floor soon, everything else feels like poverty. Bitcoin doesn't deserve anything that isn't a 4 figures minimum. It's so damn underrated, it pisses me off how dumb people are by not moving all of their fiat on Bitcoin already.

Money will not simply disappear, it will have to move from one way to another. If the money stays in fiat and not inside Bitcoin then Bitcoin's price will never explode. We will need that at least 0.5% of worldwide fiat is inside Bitcoin to become millionaires if you are holding something like 20 BTC. Let's hope it happens soon because working is a scam.

It could perfectly happen and there's nothing to fear about it. Since Bitcoin is a self regulated system there will always be someone profiting. If the big miners are mad at the low price, the small miners will come in and take their place. That's how it works. Any way, if you are here holding long term because you know eventually Bitcoin will have invested at least 1% of worldwide fiat, you will not care about 200 breaking again. And it only takes 1% of fiat to move into bitcoin for the price to be about 100K per BTC.

People want results quick this is how humans are hardwired to look at. Also it's frustrating knowing the early investors only had to wait 4-5 years to have millionaire purchasing power, for this to repeat we'll need at least 10K per bitcoin, and to reach 10K per bitcoin it may take what, 10 to 20 years? That frustrates people. It's understandable tho, time is everything, but we can do nothing but hold and wait.

I guess its a marketing scheme that works. If you use something under the Bit tag people will automatically understand that it's related to Bitcoin. You also got lots of companies using the Coin tag (Coinbase etc). I think aesthetically they are good names even tho at some point it becomes confusing trying to discern from one company to another.

/r/bitcoinbeginners

Is a good subreddit for noobs.

/r/bitcoinmarkets

This one is good if you enjoy the speculation subforum here

/r/CryptoAnarchy

This one would be interesting but its pretty dead.

It's not fully over yet. The big spam attack still has to happen in september, it may cause panic again and get some random newbies that are clueless supporting XT or BIP101. Only after the spam attacks are over we will be able to say the hijacking attempt is over and buried, until then lets keep our eyes open.

Of course I do. I use this page cryptofolio.info which is great to keep track of your coins prices. I've got a crapload of different coins that I mined at some point, most of them are near worthless, I also got a couple coins I bought, which are like less than 20%, the rest is all BTC. It shows how most coins will die and the only thing worth holding is BTC.

I don't understand how they are going to regulate Bitcoin beyond fiat to Bitcoin conversions. If someone gets paid in Bitcoin directly and buys something directly with Bitcoin from a merchant that accepts it, how are they going to keep track of said money? they can only do it if fiat is involved.