Only in the last few months/ years have any governments started discussing Bitcoin and what it means.
Most people in government office are actually very far behind when it comes to technology, so it's no surprise.
(Usually due to their age, probably.)

With the rise in price and the greater number of people buying bitcoins/ services accepting BTC as payment,
Bitcoin regulations will no doubt be discussed more often in the future.
(Especially now that the big banks are becoming interested in blockchain technology.)

Yeah I'm not touching this garbage with a ten foot pole unless its to short on some exchanges.
I'll just keep my money in Bitcoin. Glad I bought some before I went to sleep last night.
All this Zcash/ altcoin insanity is certainly helping the price of BTC right now.

Every alt-coin is getting smashed on the exchanges because crypto-newbs are cashing out trying to buy Zcash.
With the recent raise in price and uncertainty in the alt-coin market,
Bitcoin will probably have further investment and the jump to $700 could very easily go higher-
$750 to 800 in the next week would not surprise me.

I would also assume that the bigger sites have contracts to buy Bitcoin from some of the large mining pools/ companies at an agreed-upon rate.
Similar to the way airlines buy jet fuel at an agreed amount, even if the price of oil goes up or down, they have a set cost for a certain volume of product.

You should diversify your funds if at all possible.
Bitcoin because the value will probably go up in the coming months/ years.
Dollar because you need at least some fiat currency for daily life right now.
Gold because you need something to trade for food when society collapses and the world looks like a Mad Max movie.

I used the earnings I had from my signature campaign to buy Lisk on Yobit.
Price dropped a little bit today with the insanity caused by Zcash so hopefully the price will rebound over the next coming weeks.

Planning a budget is the best way to manage your money.
A simple Excel spreadsheet to add the total of your necessary expenses- food, rent, car, etc.
can be such a good tool. I was terrible at managing my money until I sat down and actually listed the things I absolutely had to pay for.
Then you will realize the difference between WANT and NEED.

Remember the Second Noble truth of Buddhism-
Life is suffering. The direct causes of suffering is desire.

90% of coins are in the red today.
This is a great time to pick up some cheap alts.
Personally, I just transferred some funds and will buy a few additional Factom.

Smartphones are a dream come true for the surveillance state.
GPS, logs of everyone you call and every text message saved, pictures of everything you do and a camera and microphone,
facebook and instagram to post who/what/when/where.

No need to put a chip in everyones hand when they pay their hard earned dollars to purchase the newest tracking device.
666 Mark of the Beast.  

Litecoin is only down 2% today.
Compared to some of the other coins posting double-digit losses, Litecoin seems pretty stable right now...

With the spike in the price of BTC and the chaos created in the markets today by the release of Zcash,
there is a really interesting opportunity right now to pick up coins at rock-bottom prices.

Most of the major exchanges are a sea of red, with many coins posting double-digit losses today.
If you are able to place the right investment in the next few days and sit tight, your long position might end up being very favorable.

(As I said in another thread)
Its like the first day a new PlayStation comes out.
People will list them for sale on eBay for $10,000.
Maybe one rich guy buys it, but it will take days and possibly weeks for the market to settle and the real price to be determined.

Don't hold your breath.
It will be a long time before Bitcoin hits five or six digits, if ever.
We need a lot of new users and a huge advancement in the technology- faster transaction times etc
before that will happen.

I would say that overall its a very good thing.
It shows that people in the government are paying attention to the technology and willing to test whether it will work.
This adds a ton of legitimacy to any project.

Also, the ability to convert fiat currency to Bitcoin is one of the barriers that still prevents a lot of people from becoming users.
We definitely need more services to convert fiat to Bitcoin and vice versa to gain mass adoption.

Fees are lower, and you can get actual support on the forum if you run into an issue.
There are also posts where people have calculated you gain a few percent return by mining to the CK Pool.

It like when the new PlayStation comes out and people put them on eBay for $10,000.
Maybe one rich guy buys one, but it takes days or weeks for the actual price to be known.

I don't believe this is a bubble, so even if the price comes down, it shouldn't drop more than $5-10 dollars at a time.
I believe we will have a slow and steady increase into the $700-750 range.

I would suggest that, no matter what your plans, you start out small and work your way up.
You need experience.
You could buy a couple used S7 machines, get some practice and see if you can turn a profit.
Make sure you have the space and that the you have adequate cooling.
That way, if things don't work out, you have spent a few hundred dollars rather than a few thousand.
Imagine buying several S9 miners only to find out that you don't have proper ventilation for where you want to house them.

This is actually creating a really unique situation.
Almost EVERY coin on Poloniex is down, some in the double digits.
This is a great time to scoop up some cheap coins while idiots are staring at the sun.

1000 BTC Volume on Poloniex in the first few minutes.
AKA two coins were bought and sold.
ROFL this shit is entertaining, at least.

Down to only 42 Bitcoin each. Better buy a few Kappa face no space.