Thats a good option if the fortune is enough to retire on in a rich country because Switzerland is an extremely expensive place to live in plus you need several millions to get a permanent visa there as an investor. In reality its much easier to get long term visas in poorer countries than it is rich ones plus its much cheaper to get by in those countries. I would suggeset SE Asia like Thailand or the Philippines because at the end of the day its easy to cash out of bitcoin regardless of where you live in the world.

Everyone will have their own favourite coins or tokens. Generally what causes a pump is either a market trend pushing everything up or its a rumour/news that came out. For some of the smaller coins of course you also have manipulation.

Thats the thing a lot of especially the hardcore bitcoiners think fiat currencies are going to be gone in some years but few of them are looking at it objectively. In reality fiat has its uses as does bitcoin and neither is can replace the other.

Of course you need to do your research but you also need to spread out your investment to multiple projects because no matter how well you think a coin will perform no one can predict the future. If you invest in 20 ICOs and just one of them goes up 1000 times the original investment you will still be rich.

I do the same thing, and its not that I mean bad or am blind to the current problems it just makes things easier to explain to people using such metaphors.

I have some stratis but thinking if I should get more especially after its dropped quite a bit from its high. I know its hard to time the market but it seems like they are at a good discount to accumulate more currently.

Most are centralised until the "final" stage of the product is released. After that they aren't supposed to function any different than bitcoin or litecoin.

A paper wallet (or pdf version of one) works great for this purpose.

As for the currency it can really be almost anything but coins that are likely to gain a lot of value will ultimately be more appreciated by the user especially if they aren't cashing it out fast and after all who would want to cash out fast for a few dollars anyway.

For me it depends what I do, if I'm sending a small amount then I use low fees, if I'm sending a large amount I tend to use higher fees.

It obviously depends more than just on the raw amount, some purchases are time sensitive so it really depends on what I intend to do with that money but I'm not wasteful so unless I need it fast I use lower fees.

This is the biggest problem with trading, make a wrong move and you realize you should have just waited. On the other hand if you don't trade you bang your head for staying too long in a coin.

I sure hope everyone feels excited and satisfied to win money. Do you feel tempted to gamble more after a win though?

Bitcoin was created to allow us to do anything we want, what Satoshis original view was is completely irrelevant to me.

However I do agree with several of your points, mainly what bugs me is that the fees are ridiculous and limit what I can do with bitcoin.

I completely agree with this and this is what attracts me to the concept of bitcoin


Again it would be ideal, but the only way it can be done now is via exchanging services, nothing is done purely in terms of bitcoin


I see bitcoin as more than this, it gives individuals the privacy we want while it could also allow us to track what government officials do with their money if we tracked them on the blockchain

I don't want a world without banks as they give me loans which I couldn't get elsewhere, their services are needed for several other reasons too bitcoin or not

Bitcoin is currently more inflationary than the US dollar, inflation itself is not a bad thing

Taxes are a rent on our society that allows it to function, you wouldn't tell your landlord that he cannot ask you to pay your rent would you?

I would like to think of bitcoin as sound money but with the current issues and high transaction fees I can only see it as an asset similar to any other assets I own.

As it is right now its only useful to earn money and an exchange is always required to do anything useful with it.

I generally buy bitcoins on Bitstamp and trade for other currencies on bittrex or poloniex (if I need high liquidity). The exchange fees are minimal and you don't pay anything to deposit via wire transfer. Bitstamp allows you to deposit via creditcard but charges you insane fees over 10% so I don't recommend it.

I believe the above method is the way to get lowest fees. Total fees should be under 1% if you deposit by wiretransfer.

Keep trying to contact them and open new tickets if they don't respond. Their support is embarassingly backlogged and thousands are having a similar issue to yours.

Import the private key into an online or desktop wallet and transfer from there, exchanges don't let u import the private keys directly.

I don't have any unconfirmed transactions but the bitcoin community needs more people like you willing to help out with these problems and its particularly bad for new users who don't understand how fees work.

Thank you sincerely OP.

The more popular altcoin trading got the more users they had concurrently and the more spam there was. It used to at least be readable despite all the spam but lately it was just a big blur from all the people writing.

I shudder to think of how much time they wasted on such a useless tool. There are usually multiple mods on and at all hours of the day, think of how many support tickets they will now be able to answer instead of banning pump and dump spammers all day long.

Exactly, I've on occasion lost my entire life savings and had I had more money I would have lost much more still. For me the maximum has been about $10000 but I could have easily made 100k from that 10k and lost the 100k straight after.