You won't see any British people speaking out against this on social media, because the UK Thinkpol has it all covered.

You shouldn't mine Bitcoin, as your CPU's will be mostly useless, no matter how powerful they are - you'll just lose more in electricity bills. As NorrisK has pointed out above, you should instead mine new, emerging altcoins - a lot of them are ASIC-resistant at first, so you'll have a fair chance to profit with your rig.

I agree that it is unlikely. The only chance I can see for Bitcoin to drop as low, is if a powerful conglomerate forms from the outside, to deliberately bring the coin down in a coordinated manner.

Will give it a try!

Yes, you're completely right.

Well, Localbitcoins is an old service with a huge audience, while Waterhole is at an early stage, growing fast. This early stage instability, coupled with the element of chaos coming from the physical contact, could lead to higher potential for profit. At least, that was my assumption. Sadly, from the responses I got so far I see that I may have been wrong. Let's wait for other's opinions.

Well, it also says that you don't HAVE to do it, but that's besides the point. I'm more interested in potential profit, rather than keeping my privacy.

I think you misunderstood my meaning. I was talking about trading on a dedicated escrow market (as opposed to a regular exchange like Bitstamp, or CEX.io), not becoming an escrow myself.

Do you mean trading in general, or Bitcoin escrows in particular?

I already knew about Waterhole, and after reading this article, it got me thinking - is it possible to make a profit using a Bitcoin escrow service? Like if I download this Waterhole app, is there an undiscovered opportunity for a larger return, compared to trading on a regular exchange?

Bitcoin escrows are a tool, which is used to solve a specific problem. And that problem is not to trade bitcoins at the most efficient price, but rather at the highest degree of security, which, I'm assuming, means that the prices of each trade there should have a larger spread, hence more opportunity for profit. What are your thoughts?

I agree. They're very similar in their basic message too - find what you love and never stop doing it, no matter how hard it gets, or something along those lines. Once you've heard one story, you've heard them all.

I'd like to be a fighter jet pilot, but I've got some medical conditions which sadly prevent me from being that. Had to settle for more grounded things 

OK, I've done it. What's the topic of your thesis, if you don't mind sharing?

Russian economy is in no way sinking. In fact, it has been displaying continuous, fast growth since 1998, the only exception being the 2008 worldwide crisis, and a recent small drop due to sanctions.

Wow, you seem to be completely wrong. Even after the Bitfinex hack the price is still much higher than you predicted.

Completely agree, the MSM is no longer a valid source of news, now it's just propaganda machine for the state.

Watch how nobody of significance reports on this, and it gets buried under the news from Milwaukee.

Great work. Bookmarking this for future use.

Try using Waterhole. It's a mobile trading platform which allows you to trade with sellers/buyers based on your location. It has a 3-step verification process, but it is not mandatory.

As many people have pointed out before me, you shouldn't trust any Bitcoin wallet/deposit system, which promises you interest - that scheme is most offen used by ponzi scams, which are likely to grab your money and disappear with no trace. If you understand the risks and are prepared to lose your entire investment - then by all means, you can go ahead and try to profit in the short run.

There are some investment funds out there, which seem to be legit (like Grayscale or Bitcoin Capital), but they aren't wallets - feel free to check them out.