If something could destroy bitcoin then it should destroy bitcoin. But I see no path for futures doing anything except maybe reducing volatility.

ProTip:
Whales are not real. 

Denis rodman's POT-Coin is the true bitcoin!!!

It's the only coin you can can't buy pot with!!!!!

If you still think you are going to get rich participating in ponzis and ICOs then don't come back yet.

Hi. I have a couple questions that others may also want to know.

1. Do I need to live in CO to invest? Last time I looked into getting into that business space there was some kind of law restricting investment to within the state.

2. How is it anonymous?  Obviously investing requires a lot of disclosure and tax paperwork. Do you mean private rather than anonymous?

Whales. 

Whales are a way for unsophisticated traders to explain their losses.

What fee are you talking about? In bitcoin there is a transaction fee for processing. There is no withdrawal fee. Perhaps you are thinking of a fee charged by a website or something? But that is not a bitcoin fee. I think I paid $0.50 for sending about $200 this weekend. That is about 0.25%. I am not aware of a cheaper system, are you?

Another thing Warren used to emphasize is only investing in what you understand.   I know whenever I have a technology problem I ask a senior citizen. 

Trading is not the hard part. keeping track of everything for tax purposes is. Many exchanges help with this by keeping records. If you want to try bitcoin then start by forgetting about investing. Start with some profitable spending.

Set up an account at an exchange in your country. Make sure they have a business license!!!!

Fund the account with a transfer from a bank account or mail them a check, etc. You will have to provide all the same information as when you set up a bank account.

Buy some bitcoin. Once you have it you could trade it back and forth for fiat but why? You will do better to spend it as bitcoin. You avoid trade fees and many retailers offer a discount for using BTC. Just go to Overstock.com or something and buy an item you were going to buy anyway.

There is legislation pending in the U.S. that would exempt purchases under $600 from capitol gains tax. If that goes through spending will be the new selling.   

I normally hear it applied to money with low volatility.   

Make sure you understand what went wrong before doing it all over again. Say to yourself "I will never buy alt-coins again". 

Just go to a place that sells property and search for bitcoin. Look at the example below over at LandWatch.

https://www.landwatch.com/default.aspx?ct=r&q=bitcoin

Ah I see. I thought CheapAir was suddenly asking for weird documentation. Something related to transitioning over to BitPay.  

I have a hunch about what is going on.

Last week I was in contact with Jeff Klee, CEO and founder of Cheap Air. He was sending around a letter to frequent bitcoin fliers. Perhaps you got one also Elwar? They are having a problem with a policy change over at Coinbase. In response they are trying out BitPay as a processor. Perhaps this is leading to chaos in processing transactions? There is also an issue processing transactions from certain wallets. To use BitPay you have to use a BIP-70 compatible wallet. If you don't have your money in such a wallet then you have to transfer it to one, then transfer it again to BitPay.

I know they are working on this and committed to offering a bitcoin payment option. I use CheapAir to buy tickets all the time and if they were to stop taking bitcoin I would rarely use them anymore. Considering I have flown 11,871 miles so far this year, I doubt they want to give up my money or Elwars money.

I don't know what you mean. It has come down dramatically since this thread started. Not to mention that side chains are starting to address this. I played with the lightning network recently and saw how I could further reduce the fees.

Credit cards cost about 3% to use. Many people think they are free to use and if you pay at the end of the month it seems that way. However if you own a business you know it costs and that you must pass that cost to the customer. The Tx fee is small compared to the processing cost of a CC. And I don't risk my identity with BTC.

I would add that while the market price is about $9k some people may not sell at that price. I would not take less than $13K at the moment. That makes coming up with a price for bitcoins not in the market very hard.

Money that can not be manipulated and requires no counter-party trust.  No one can control the price, supply, distribution. No one can compel you to use it nor keep you from using it. Bitcoin was also invented to be the fastest, cheapest, and most secure system for sending wealth. 

It is the best money system invented.

UPDATE:

Thanks for all the kind comments! I'm just trying to pay forward some of the good that has come my way via bitcoin. The contest is open to any person who gets to the cache first, however you may want to get moving. I did receive a PM from a user interested in going to the cache. I will of course update this thread if there is any news.

But the data is still being handed over. The watermark will only show on the image you sent. All a thief has to do is copy the data. I think you are right to be afraid. When I see ICO I assume it is a scam.

If you simply must and take a foolish risk participate in an ICO then you should make absolutely sure that the business is a legal business with a license on file. If they don't have that and they are asking for KYC information then it is surely a scam.

The problem with all the strategies to address global warming from CO2 is that they all require as much or more CO2 production as the problem. Perhaps you don't know this yet, but we are F#<!ed.