Because it's volatile and insecure to those who don't know what they're doing. They thrive of fiat currency anyways, I doubt they'd give Bitcoin any thought.

Fear mongering, what's new?

Honestly, under a Trump administration, a conservative hand of the government and reduced spending won't be causing an economic crash. Stock market's been booming lately. Under a Clinton administration, I could see it.

Over $1,000 wasn't even sustainable it seems like. It skyrocketed and a bubble was formed. It dropped a little bit, then people start panic selling. The psychological barrier of breaking 1k per coin is something to get through, and when it was broken, people hopped on the Bitcoin train thinking it was going to the moon right then and there. The jump was short lived as should've been expected.

What I'm thinking as well. Year ago when the stock markets were going to shit, Bitcoin fell too. Right now, major economies are prospering. US stock markets are doing great, I expected Bitcoin to do well too.

Never, but damn the price of Bitcoin looking good. Breaking 900 some places as of late. We haven't seen this type of price in years.

Purchased a trial, works great!

Tried looking around and was unsuccessful. Looking to purchase one here for BTC. Thanks for the advice.

Also, bump.

I'm looking to purchase a code, please post below if you have one on sale. Code must be legitimate, nothing stolen or illegal.

Not sure how I would prove the legitimacy, but it's my code and it's brand new. I can guarantee you it's not stolen or anything of that sorts.

This only works for US residents/accounts, code is brand new.

$7.50 BTC at current rates.

Edit, code is sold. Thread closed.

Can't tell if you're being serious. Bitcoin gambling is only a minority of all transactions and usage. When the US came down hard on Bitcoin gambling laws, Bitcoin didn't dent in at all. Gambling is only one aspect of cryptocurrencies.

Honestly the small jump Bitcoin made was extremely minuscule when looking at other aspects of the stock market. As always after an election, there was a drop across the board in most stocks, but practically all of those stocks that dropped came back and are up a few percentage points. Trump's pro-business policies with lower taxes on the wealthy may be factors of this. The economy should be doing fairly well under his administration.

Not a fan. You're heading down another path of Mt. Gox with centralization. I'm not so big about exchanges either. Way too many things can go wrong storing so much Bitcoin in one place, as we've learned over and over again.

It wasn't until around 2014(?) till they added the regulation into the tax code somewhere. I only heard about it until last year that some of the big Bitcoin companies pay huge taxes on their income. This would include individual people to put Bitcoins they own when they file their taxes. To your point though, many people don't report them.

Correct me if I'm wrong anybody, but I believe the IRS wants you to put digital cyrpto currencies under taxable income if you have any type of significant amount of Bitcoin. Still, many people do not do this. It's a light governmental regulation, but nonetheless, it's a regulation.

Pro 2nd amendment, but I see no reason for people on no-fly lists to be able to obtain weapons. The NRA (I believe) has advocated and lobbied for this type of legislation. I find it to be beyond moronic. As far as the talk about AR-15 bans, I'm in different. I don't need an AR-15 to defend me or my family from enemies.

It's always interesting to see these posts from years ago. It make you realize the type of mindset people had thinking Bitcoin was going to be a global currency. Unfortunately, it's not going to happen. I love BTC, but 50k is only achievable if small countries adopt the currency, and critics have already addressed those concerns as being too unrealistic as long as other currencies like USD, GBP, ect. are still in play.

Redeemed a $15 iTunes card and worked successfully with no problem.

You're only covering one side of this, what happens if Bitcoin crashes? There's never a reasonable price to sell at because you simply don't know what the price of Bitcoin is going to be in one year from now. Will it be a fraction of what it is now? Will it be doubled? Use Bitcoin, meaning buying and selling, as you please. Don't expect fiat currency to crash in the near future and for the world to start using Bitcoin.

So you're asking if you can make a boat load of profit by trading, considering 1000 BTC is an unusual cap you're looking at. Answer is, highly unlikely unless you're trading large volumes of Bitcoin, and accurately predicting the market and price per coin. Personally, trading coins is risky and long term. I'd go for penny stocks if you're wanting quick money that's easier to make than BTC trading.