If we buy legal stuff in the market, we already pay taxes when we use bitcoins.
The question is if posessing it will be taxed or if selling it will be taxed.
I am relatively sure that posessing bitcoins won't be taxed because it's just too hard to prove who ownes what.
But I think not too long in the future selling bitcoins will be taxed nearly everywhere on the planet.

I think that it can help, but not in a big matter.
I see the option that relatives in who have managed to live in richer countries can send money to people in poorer countries, even if those do not have a bank account.
Of course, the poorer people would have to know how to handle bitcoins, have a computer and internet, and I think that will often not be the case.
So the realistic chances that bitcoin can make a change there are small.

Trump has this America first motto.
Most of the mining farms are not in America, but in China.
For the moment bitcoin is too small for him to think about it. He has bigger fishes to fry. That's why I don't think his election will have any impact on bitcoin the next two years.
But if bitcoin would really start an enormous rise during his presidency, he would take counter measures.
Maybe regulate the american bitcoin market, maybe built subsidized mining farms in America, maybe declare bitcoin to be illegal. Who knows...

The united states live from their good reputation.
Although they have already been nearly insolvent a few times during the last years, the USA get negative real interest rates on government debt.
That means the market believes that there are no alternatives with sufficiently low risk.
Hopefully the market is not wrong.

It's not only the hackers. Sometimes you transmit but the exchanges does not add the amount to yor account.
I'ce had such a situation twice already, and it always took me a few days to get it resolved.
Of course my money was not gone, but the opportunity where I wanted to inves was.

I really could not feel disappointed if he would not be successful with... whatever he is developing.
Although I have no idea of what he tries to create, just the name KimDotcom already has that touch of bad carma.
And this guy making his next business about bitcoin, that is something I would rather not want to read in the newspaper tomorrow.

I think that investing bitcoins is something for another time.
When bitcoine once is stable and its price increase has stopped.
I'm not talking about trading or something else that needs knowledge and skills.
But only reinvesting an already profitable investment just to get even more, that sounds a bit too greedy for my taste.

Does anybody know who those whales are?
Because, maybe they all did already cash out their coins, and none of them is left over to do that anymore.
It would actually be not a bad thing in my opinion, if bitcoin would be spread consistent over the bitcoin community.
Nobody should have a too big influence.

If somebody has bitcoins in his wallet and nobody knows of them, or has a key to the wallet, then they are gone for good.
That is actually an interesting point of view: since the total number of bitcoins that can ever be mined is fixed to 21 millions, the realistic number of available bitcoins is decreasing permanently.
Not only bitcoin owners die, I'm sure every day a few passwords ar lost, or transactions are accidentally made to a wrong wallet that is not in use anymore.
This is a factor of price increasement I never thought about.

Mining coins is usually under the purpose that money has to be earned.
If you save all of the coins, all you have is expenses for hardware and electricity, and no income.
In order not to have any losses I would at least sell the amount of coins that would cover my expanses.

I really don't see how bitcoin would be able to be the next dominant world currency.
At the moment it is the dollar followed by the euro with a big distance.
Bitcoin with its 12 billion market capitalization is way too small to play in that league, even if its worth would climbe 100 times of what it has now.
In my opinion the dominant world currency has to be a fiat, backed up by a major national economy.

My guess is that the number of users is somewhere from 5 to 10 million users.
Bitcointalk.org is now closing up to have 1 million users.
A lot of bitcoin users start here, I suppose at least 10%. That would make a total number ot 10 million btc users.
If the percentege in my calculation goes up, the total number of users would decrease.

Honestly, when it comes to terms of money, there is nobody I would trust.
Money, it does not matter in what form, represents the time of my life I had to use to earn it.
And I will never be careless wit that. I usually check every thing I do with money. If the amount is higher I double check.
That includes banks as well.

If you make a transaction with a public WiFi, the transaction itself most likely will not be corrupted.
But if somebody observes the transmitted data, and that data is not sufficiently encrypted, he can find a way to get your log in data.
And then he would have access to the coins on the wallet where you have made the transaction with.
At least if an online wallet was used.

When you want bitcoin and you can afford bitcoin, then that is exactly the right time to buy.
Unless you have some kind of insider information you will never be able to predict what is going to happen with bitcoin price.
And if you want to make a purchase with the coin, you most likely won't have them long enough on your wallet that price fluctuations will matter.

I'n that specific case I'm not sure if bitcoin really gives you more freedom or just tightens you more to the gambling addiction.
But hey, I don't judge...
In principle you are completely right.
Bitcoin givest you the freedom to do with your money whatever you want. Nobody needs to know what it is unless you want to tell.

At the moment I am not aware of a bank accepting bitcoins.
I have heared that in some countrys banks are only allowed to accept fiat, so there would be a problem if they wanted to go into bitcoin business.
Besides, I am wondering why a bank would want to accept bitcoins.
They would need a way to earn from the coins people give them, and I see nothing save enough that a bank would rely on.

I don't know exactly how I heared about bitcoin the first time.
But one day I was searching a new payment method to replace my credit card.
And what I found was.... Bitcoin
Since then I'm a member of the bitcoin community.

Bouncing back to 500 would require some triggering event I think.
One of the major exchanges had to go hacked or go bankrupt, taking all the users coins with it.
Under such a scenario I would think a loss of trust would be possible that could lead to a massive drop.

I think one reason why bitcoin is so popular these days is because it stands against a lot of things people are done with.
With bitcoin you can get a piece of freedom back, be your own man, be your own bank.
A lot of people use bitcoin just to make a statment. And with bitcoin they find others who think the same way. Bitcoin connects!