CEO of JPMorgan, Jamie Dimon, has also been hard at work the last few months proclaiming bitcoin to be a fraud. Dimon did not limit himself to calling bitcoin a fraud either.

Apple co-founder Steve Wozniak rebutted Dimon’s comments by emphasizing bitcoin’s legitimacy. He reminded both Dimon and listeners of bitcoin’s qualities as a decentralized, transparent and peer-network operated, thus making it highly resistant to censorship.

Wozniak, apparently offended by Dimon’s comments, went on to add that bitcoin was purely mathematical, as was he a mathematician. Dimon’s accusations of bitcoin appeared to be largely self-serving, being made suspiciously soon after the colossal failure of JPMorgan’s blockchain technology, Quorum.

Other representatives of the bank claimed JPMorgan was open-minded as far as bitcoin was concerned. In an ongoing debate, there is talk of Dimon using the bank to trade bitcoin, and in doing so, circumventing anti-money laundering regulations enforced by Switzerland.

https://btcmanager.com/jp-morgan-found-guilty-money-laundering/

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Contract Address:
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Name = Dogecoin Gold
Symbol = DOGEG
Decimals = 18

This is ridiculous, I wanna see you trying to get a sandwich/house with bitcoins in those countries.

Of course our money will continue to exist and can be used until whenever, this is because fiat money will continue to be protected by the state through the central bank.

i wonder: if Bitcoin will become the main coin, what will happen to the money we are using now like us dollar?

I'm planning to invest big chunk of my money into cryptocurrencies. I'm absorbing all informations since April 2017. So I'm still quite new but I feel confident enough.
I want to buy some hardware wallet like Trezor and put my money there. Everyday I'm reading news, watch youtube channels and others. Even attended on one blockchain meetup.
This whole stuff is taking so much time and is kinda stresfull but very fascinating at once.
I'm not gonna put all of my money at once, I will do it periodically in the upcoming months.

The main reason I'm doing that is I wanna invest my money so it would work for me and bring profits over time (I want to hold crypto for 2 years at least).
Other than that I wanna focus on other life aspects so daytrading isn't an option, I want to take some time off from crypto-sphere.

Here's my picks for long term hodling

• BTC (I'm thinking of 40-60% for the whole portfolio)
• ETH
• LTC
• LSK
• DASH
• NXS
• ETC

I'm only thinking of coins with future, as some of you may know there is a lot of coins that will eventually go down to zero.
What coins have bright future in your opinion? What do you think so far of my approach?

Hi there,

Does anybody know what the latest status is with Jaxx and their proposed Bitcoin Cash wallet?

I had Bitcoin in there at the time of the hard fork and heard they were supporting a BCH wallet.

Thanks!

Article is in German: http://www.businessinsider.de/bitcoin-experte-krypto-waehrungen-werden-aussterben-2017-9
He talks about Bitcoin beeing a ponzi (only the founders are becoming rich) and in the future governments will fight Bitcoin and this will lead to a big dump and the death of Bitcoin by 2040.
Adi Shamir is one of the inventors of RSA. Shouldn't he know better?

What is the solution to this for on chain transaction, I mean sure if LN gets in, but LN still does not seem to be a secure and the same as being on chain. I may misunderstand this.

However at $50 a transaction you limiting your user base, even at $2 a transaction roughly what it is now.....

Is btc destined to become basically sovereign wealth? / store of value, which I admit is a massive killer app.......?

I can kinda see Jihans arguments for BCH, though the negs are perhaps miner centralization.

various views are justified if core does not at least adopt 2X.

I think BTC is going to 100K and beyond but a fee of x hundred per online transaction carves out most users....it sorta leaves BTC vulnerable to a crypto that can do both.



I see your point. Using LN for small purchases makes sense but not being able to afford to fund LN means it might not be adopted.

What percent of people do you think are able to resist selling their BTC when confronted with huge profits they've obtained.  Say 500% or more even?

Can anyone help me export private key from this usdt to btc screw up? bittrix has washed their hands of it, here is their support advice

Tyler Lock (Bittrex Support)
Aug 17, 08:01 PDT
Hi,

As I have said earlier you have sent USDT to a BTC address, these wallets have addresses that validate to each other, but the wallets are not compatible for receiving coins. You'll need to research how to remove a private key from a Bitcoin address and import it into a USDT wallet to recover these coins. You may want to contact someone from the USDT community for help.  We can be of no further assistance on this issue.
Thank you,
Tyler @ Bittrex
Follow us on Twitter @ https[Suspicious link removed]xchange

i think it is impossible to reach $50k this year, more than 2000% in a matter of 4 months, it is not possible.
But $3,5k - $4k is a little more realistic, by the end of this year.

Hey,
where I can store my XMR in a safe place? The Wallet from getmonero don't work.
How can I store my coins safe for long time hodling?

I just want the government as far away from crypto as possible.  Inch by inch they're going to try and grab as much control as possible.  Fast forward 10-years and it wouldn't surprise me if there's a massive federal department called something like "Cryptocurrency Safety and Economic Freedom Department."  Every blockchain has to be stored or available on centralized servers in Washington DC.

(yes I'm bitter, as someone who's fought the IRS over stock dividends and capital gains)

And the T-shirt is printing a big big big B(BTC symbol).

And then more people can know the great BTC,
The BTC will become more popular ,
And then 30% people will accept it. This is the most important stage.
And then the 70% will very fast.
Like The Christianity.

who know bitcoin will become in 2018 i think its not possible it become 50k USD 

Bitcoin is NOT mathematically limited to twenty one million bitcoins.

I do not support raising the cap at this time but if we had overwhelming support like we did for Segwit we could raise the limit to any number we could dream up.  

I would have no issue changing the code to allow a 1 bitcoin reward for every block forever... to ensure a strong distributed mining community.  

I understand this must sound like blasphemy to the majority of the community but it irks me to see such a false statement about bitcoin repeated over and over again in every Bitcoin youtube video out there; there has to be a better way to phase it.

What you will do if that thing will happen someday??