No matter what nonsense policies governments are throwing at Bitcoin, governments can't do anything to prevent people from using Bitcoin. Yes, they can heavily ban it. But still, they can't prevent people from using Bitcoin.

Even if all the governments force banks to close all bank accounts associated with Bitcoin exchanges and other Bitcoin related services. There are still plenty of possibilities to buy and sell Bitcoin. It's basically impossible to shut down or stop Bitcoin usage without shutting down the internet.

I can agree with you that the adoption rate isn't high, but even at this "low" adoption rate it gives Bitcoin this value. And yes, a lot manipulation is going on. This price is just a temporary reflection of what the block halving will do with the price. I want to hear you again once the price is nearing $1000 somewhere in 2016. I'm interested in knowing if you then still think that Bitcoin shouldn't be worth more than $50.

I can't see the price go much higher than $500 this year. Beside that, I am very happy if we stay at the current price level for the rest of this year. There are plenty of threads where people think Bitcoin will reach very high price levels this year, it's not going to happen.

In 2013 and the beginning of 2014 there was a period where I was obsessed with day trading. I barely came outside or had contact with people at that time. Purely because I was staring all day at the price tickers hoping to profit from the price going up a few bucks. I am glad I stopped with day trading each day. It's a waste of time if you also try to make some bucks on days with low volume. Now I only do it on days with high volume and where there are some decent price swings. It gives me a much better feeling and I have time for other things in life. Life is more than only Bitcoin and earning money

Go look for several banks in stable European countries such as Germany, Netherlands, Belgium, Switzerland, Austria. There are plenty enough options to choose from. Try to read their requirements for opening a bank account and find the one with the least hassle and the lowest fees. It will be a hard job though.

No. The current price rise has only to do with the nearing block halving.

It's not new that Wall Street has a certain interest in Bitcoin or the Blockchain, or even in both. It's just a matter of waiting till they really go from saying it, to taking action to incorporate Bitcoin and make it tradable just like how you buy stocks. That would be a massive achievement and will make Bitcoin go sky high. The institutional traders will then be more willing to trade in Bitcoin instead of using "The Nasdaq Of Bitcoin" Gemini.

Best is to never buy with all your money in one time. Do it 50% now, and wait what will happen. If the price goes down more, then you can decide to buy more if you want. If it goes up, then you can enjoy your profits

Gleb Gamow.

It's impossible, but let's pretend it did happen. All coins are mined, and this group or entity has all the coins. It's then basically the same as what is happening with all the shitty altcoins today. They will make it look like a lot people are trading and generating huge volumes, while it's basically a few people that do it. It will result in a coin that is being left and forgotten.

Bitcoin for online purchases and transactions is worth more to me than fiat currencies. That's a fact. In my daily life it's still fiat that is ruling with iron fist. In that case fiat is worth more to me.


If you mean fiat currencies don't have as much volatility as Bitcoin, then you're right. But that's also the main reaso why average Joe's still use fiat instead of Bitcoin. Stability for them is the most important aspect.

There are several European banks that will allow you to create an account even if you don't live in that country.

I can tell you right away that there isn't a bank that won't require to fill in papers, email them ultra high res scans of your id or passport, proof of where you live, an electricity bill where it is clearly showing your address or any other bill. There will be a lot paper work involved. It might take several weeks at most to get a working account after all the hassle you have to go through.

And what do you mean with: don't reveal a lot of my personal info.....

Each transaction that you do with your bank account has your name sticked to it. If Greece authorities want the details from the people that are having a bank/savings account outside the country, they will simply contact the bank in question.

If you are holding to make profit, you're automatically waiting for a price increase. It's basically the same, isn't it? 

# Registrar : Namecheap
# Expiry : November 26, 2016
# Start bid : 0.02BTC
# Minimum bid increments : 0.002BTC
# Buy now : 0.25BTC
# Auction duration : 24 hours after last bid.
# WhoisGuard included.
# Escrow possible.

Solid domain with a great potential.

I will always ask you to send the funds to : 12oWtmuwHipw9rC9BYUuMGWMWB3RxMsxUN

By placing a bid you agree with :

# Winner of the auction pays first if you don't want to use escrow.
# Transaction must be completed in less than 24 hours.
# Private bidding is not accepted.

I am currently using an android smartphone combined with the blockchain.info app. Everything so far is working as it should, there is nothing to complain about

Reaching $450 is ok. I have seen these prices plenty of times already, it doesn't do much for me. I start to get excited once we reach at least $600. All prices before that are just, mwehhh.

Beside buying coins for trading purposes, I buy Bitcoins if I have want to pay some one or if I want to purchase something. At this point I don't buy coins for holding them as I am already happy with the coins I currently have.

The most realistic dangerous scenario is when a fork doesn't work out as planned. A certain mining pool will go over the 51% mining share. I think that's the most dangerous for Bitcoin at this point. There are more scenario's such as a hacker cracking the private keys, but that's not realistic.


Even if Satoshi is dumping his coins, it won't bring Bitcoin in danger. It will cause a massive massive crash, but the price will recover eventually.

We are already experiencing the effect that the halving has on the price. It will continue till the halving with a final peak somewhere before or after the halving. After that when things cool down, the price will come down too. I believe we can do an attempt to break through $1000 without much effort in mid 2016, but the real challenge will be the dumps that will follow. How deep will the price tank before it recovers.

After when things cooled down, we won't see much difference as when there isn't a block halving upcomming within a year. It will be a bumpy ride with from time to time very slow price movements, and from time to time a rally to keep you guys happy.

I have have seen my coins grow in value from the moment I purchased them at $220 at the highest, and slightly sub $200 at the lowest.

Let's say the numbers that bitnodes.io (nowadays known as 21.co) are showing are incorrect. Even if you say, let's bump their total node count to 300, from the current +- 100, that's also nothing for such a large country where Bitcoin is quite popular.

It could be that they are hiding their nodes behind a VPN or something, otherwise it's quite weird seeing China is far behind.