It couldn't have been cheaper so I think it's the right time to buy now. I'm overwhelmed by how low its fallen over just a week and so those looking for cheap Bitcoin this time is ripe and right.

This post really inspired me.

https://www.reddit.com/r/btc/comments/5pcpec/the_debate_is_not_should_the_blocksize_be_1mb/

Let's talk about it. 

i was considering laminating my paper wallet but that would require me to go out to a "laminating shop" (i don't know what it is called in English) and ask them to do it and that already compromises me even though i can be 99% sure the person doing it won't have slightest idea what it is i have written on paper

you can encrypt it with a password and then do it though, but i didn't.
i just settled for simple writing down my seed (or it can be private key) on a paper! simple! and it has been 2 years and the paper is still fine.
i should add that is not my only back up, but it is my only physical backup.


don't leave your paper in the garden.

It's actually made my day because I was contemplating whether to sell or hold until I saw minor increases sporadically and I said hold on let me see what this means until I saw it climb back up past the $1000 mark.

This is just another theory, but it seems to be pretty consistent

So why hard forks are good for Bitcoin in the long run? In short, because they allow to get rid of rogue miners. Yesterday I read a letter signed by major cryptocurrency exchanges, and they declared that they would list Bitcoin forks (if such should emerge) as just any other altcoin out there. Basically, it means that any attempts to hard fork Bitcoin will massively and almost instantaneously backfire on those supporting them. People will naturally stick to the trusted version, and treacherous miners will be wasting their resources on mining a useless and worthless coin. In this way, they will necessarily leave the grand pool of genuine Bitcoin miners, and there will be more consensus between those who will remain in respect to future evolution of Bitcoin. Thus, those pools which support hard forks will voluntarily leave the scene and free space for other miners, likely more friendly toward gradual development of Bitcoin. That's why hard forks will come out as good for Bitcoin in the long haul

I agree, ETH almost die when the hard fork happened, the price drop down so low and lose a lot of investor, ETH just lucky because previously before forking there are so many supporters and investors that is the reason ETH could survive, if there are no previous investor ETH will end up in a dead coin list, so forking is only for the last resort and it contain a huge risk

where did you purchase your time machine, i would love one of my own.

there is no reason for such a huge drop, and you are day dreaming about it. price was holding up at $800 ($790 to be exact) and there was a very strong buy support behind it while price rising steadily if you look at any chart.

and with all the adoption so far and also the new adoption and new investors that came in because of this rise that bottom has gone up a lot which is why you would be a fool to think price can break that increased resistance and go back to cheap days, those days are over and whomever didn't buy is now regretting it and trying to talk about drops!

I don't understand why people keep comparing gold to bitcoin within the context of currency. Gold hasn't been used as currency for over a hundred years. People wear gold and the buy it to keep as an investment (store of value). When was the last time you saw some one buying something with gold coins? The only reason gold coins are made is for investment purposes, it's nostalgic to have it in an actual coin form.

Further gold is a metal. Bitcoin is electronic, not tangible, it's different on so many levels.

It's unbelievable all the people that think they have the magical solution to "Bitcoin" when they could easily make an alt-coin with Seg-wit, unlimited blocks, etc. Look, if Satoshi wanted the Blocksize to be 2mb he would have made it that.

Bitcoin is supposed to be a digital store of value, not some micro-transaction dust coin.

Although I agree with you in most of what you said, I don't agree with you as to buy coin not being a medium of exchange.

But coin is designed to be currency, and it is traded and used like a currency. However the most important aspect of bitcoin is probably it's store of value. It's like the digital gold because production is decentralised and controlled by absolutely nobody.

It is a medium of exchange just like fiats. In fact, bitcoin is much more portable than gold itself, and more divisible as well.

There is no need to test the purity of bitcoin, as every unit is the same.

I think its really risky keeping btcs right now. Because if it cant jump over 1000 next few days, it can even drop 700 or less. Everybody is in panic now.

Bitcoin Unlimited is doomed now that I've shown it is based on faulty math. This is fundamental and the entire concept of unlimited block size is flawed. Once the market digests my revelation, there will be dumping of mining nodes for Bitcoin Unlimited. Roger Ver you really need to get better peer review of the projects you support. You are making so many YUGE technical errors and promulgating incorrect technical information. Shame on you.

SegWit has already block size increase. But Jihan and Ver and their chinese miners puppets just want to control bitcoin not to increase block size. There's no possible compromise, no more debate we should just ignore and discard them and procede with UASF.
 Bitcoin future is at stake and if Bitcoin fails all alts will follow, people wont believe in crypto

Depends.  I think certain exchanges recently declared they would list both coins, but I don't know how they would handle this.  Best is indeed to have the coins, and not exchange IOU.

But don't worry, there won't be a hard fork soon (or ever).

https://blockchain.info/fr/charts/bitcoin-unlimited-share

Technically, they cannot fork before reaching 51%, but they declared not doing so before reaching 75%.

I see, and If we fail to activate until then (I'm interested in knowing how much months/years this would take), another alternative will proposed for the miners ?

This is just a theory, so bear with me (constructive criticism is welcome)

And this theory asserts that Bitcoin dumps like what we've seen recently (i.e. today and right after the rejection of the Winklevoss ETF by the SEC) contribute to more even Bitcoin distribution over time and will help stabilize prices in the future (read make Bitcoin growth more consistent). What real world facts is this theory based on? We know that initially there were only a few users (so-called early adopters) who held the majority of coins, so they could easily move the price by dumping their stashes (at least, some part thereof). In the case of the lack of major news (either positive or negative), the price is pretty stable right now. So the only viable explanation for all of a sudden price crashes is most likely someone dumping huge amounts of coins (maybe, the bros themselves). This causes the price to plunge (even if momentarily). It is almost certain as well that the coins dumped are bought by a lot of independent traders, and therefore the wealth distribution is set to level out eventually. That's basically why dumps are important since they are caused via massive sell-offs by a relatively small number of large Bitcoin holders and get absorbed by the market

Expect more lesser than that, but if you want yo get more profit I guess this is the right time, because it will recover again with in a short range of time to reach 1200 again. I wish I have the funds to do that but unfortunately...

Have you ever thought of why some people succeed in investing bitcoin while others lose? a chinese bitcoin holder shared his story about 4 things he learned from his successful investment in bitcoin.
Actually, he started with Litecoin, but lost everything. He began investing in bitcoin in 2015 and won a return of 330% in 20 months.
Read more about the story.
http://news.8btc.com/4-things-i-learned-as-a-bitcoin-holder