I think nobody has such amount of btc (maybe a few people aroung the whole Earth), so this isn't likely to happen. If it happened. however, I suppose those btc would be in a frozen state forever and yet not burned. I think we need a law for such cases just like there are in a bank. The law to unlock the wallet to which nobody got access for 70 years, for example. But... wait.. it's impossible, isn't it? That's a problem then.

Of course they are. Bitcoin is just illegal in Russia, Thailand and Philippines. However, it would be wrong to think it stops people from using it. As for bitcoin in 5 years, my guess is that nothing will change much. The price will be approximately 800$, because of the halving making the price lower for some time. I don't think it would be above $1500.

I suppose if Bitcoin is to replace currencies, then governments are good with it (because they already found a way for people to pay taxes for using Bitcoin), people are already used to it, the governments are quite stable and thus electricity is stable as well and nothing bad happens. Even if some governments were unhappy, if they turn off the internet, many of their own technologies they need for CIA and stuff won't work and everybody will be too angry, so I think they would never do such a thing.

I think that in a country with very cheap electricity (or somehow free for you) you can buy around 4 miners and get your money back in 6-8 months. However, you are very lucky if your miners are still working, because they have a tendency to die. Oh, and they are too loud, so you need a space where nobody lives. I wouldn't start mining, because it's risky, loud and taking a lot of your time.

I live in a country close to Russia, so I guess I understand what is really going on there. I know some people from Russia using Btc (accepting it as a salary). That should mean that you can probably even exchange it for local currency (didn't check but I'm sure there are people in the main towns which can be seen on Localbitcoins). However, officially it is illegal which in such countries means that if you are an influential person and not against Putin then it's nothing if you are caught. If you can't give a bribe, against Putin and not from a known family - you can go to jail for a couple of years.

I don't keep much of money in Bitcoin, so if it grows hugely, I would be sad for not having a lot. I want Bitcoin to become just a bit higher, so that the salary for a signature campaign would remain the same in btc but it would be actually more in USD . So, it should be somewhere around $900 but not more than $1000. I am more concerned about the ability to use btc. I would like it to spread, so that I wouldn't have to exchange it.

I would say that the biggest is that to use the money we usually have to exchange it into fiat, because you can't use bitcoin in everyday life at all. The next disadvantage is that there aren't many ways and places to exchange Bitcoin. The third is its half-illegal status in most of the countries.

I heard people complaining about long transactions but I have never waited longer than a few minutes or so. Maybe it is just because I don't do many transactions and sometimes I just don't seat and wait till I get a confirmation. I had a case with transaction on being in the blockchain base, although I recieved money on my wallet.

Bitcoin has not only united people allover the world by not being connected with any country but has also shown that people our days tend to believe pure science and not the real nature. The crisis of european science about which Husserl was writing is partly over if people now believe in numbers without a physical thing representing them. Another thing is that it has shown that money can be used anonymously and be out of governmental control.

This is an interesting question. I have been thinking about it as well for some time already. I think that we can influence the price if we want to. And some freak with a lot of btc can spread the panic by selling them and then others would go and sell as well, so the price will fall. It is hard but not impossible. If somebody finds a good reason to sell btc immediately and we agree with this reason - it's nearly the end of all this.

Anything from 2 BTC weekly? You sound very naive. You think there aren't many people ready to invest 200$ to have such an income? If it was that easy then nobody would work for a signature campaign here, for example and yet many people are working. I think there is no way to earn such money. My advice is to try trading. Just analyze the dynamics of cryptocurrencies and try to earn money on these ups and downs of the price.

I don't think there is such a thing as safe betting, because we can always lose. Of course, you can bet with the probability of 90% to win and win but you'll have to use a big some of money to do that. In general, I no nobody who really got rich by gambling. I don't really know who are not in minus in general, if you know what I mean. So gambling is a bad thing to do and it is wrong to think of it as of a chance to win and show others how great and successful you are.

I am not a big investor but to my mind the most important thing is not to be blinded by the eager to earn money and do that very fast. Investing involves big risks anyway, so it is not a very good strategy to put into something a lot of money and all at once. I say we should choose a sum which we are ready to lose, first of all. And the key to success to my mind is to invest the money not only into something we know very well but into something we love as well, so we would be happy just to give this money to develop the sphere.

Not sure about the bank there but I remember a post here about some guy buying bitcoin near the airport in Switzerland officially using a slot machine or something. However, I remember an online bitcoin bank. Here it is:http://bitcoincryptobank.com/. I don't know whether it is worth trusting, though.

It might be convenient but my guess it that it is a tricky attempt to get control over bitcoin by something closer to the government. Okay, this card is anonymous. I still think that if the transactions with it involve big amounts of money, they will try to find out who is the owner or just will take some taxation rightaway. And where can you go to use this card anyway?

Well, then we have nothing to worry about. As for the article, it seems understandable but too rude of the government. I mean, who doesn't want to control the currency and who can enjoy the anonymity, right? And yet I think they just can't move against it. The bitcoin ideology is too strong now. If they want to survive - they have to adjust to it.

I think that if we want to obey the rules and everything then we have to, because there are no exceptions about taxes and earnings. However, I think it would be something hard to do in many countries. So many burocratic stuff is waiting for you even if you want to give money. So, I suppose if btc becomes recongnised by the countries we'll pay but not now.

Well, this statement is based on an axiom which can sound like this: the world will move towards digital currency economy. This is something probable and yet we can't be sure about it. Illuminati should obviously be for Bitcoin, because it is anonymous and mysterious just like they are. However, they are supposed to want to take control, right? How can they control btc?

I understand that so many people and corporations use banking system but I always thought it is still not worth trusting. I withdraw the money every time I recieve it on my card because of that. However, bitcoin is something close to the bank for me in this way. It is some numbers on my computer, reassuring me that the money is there. I don't withdraw btc rightaway. Maybe, because it is just to hard to do that each time and because there is a chance to get extra money because of the price risings.

You can wait till 2020 if you want to. After halving then I believe the price will fall. However, it might still in price be higher than it is now. My advice is to buy but not too much. Buy 70% of the planned btc to buy. And save the rest of money till some better moment. I think btc can fall till 500$ some day under some specific circumstances.