Yeah it is all about educating the people about the advantages of Bitcoin and cryptocurrency technology over the current system. But it would also be wise to point out some disadvantages as well and then let them decide if they still want to use it or not. I am all for evangelizing crypto but let us not get carried away into preaching that we have found the light and the rest are still cloaked in darkness.

Also it is funny that you mention that the current banking system is a ponzi of the corporate elite because the mainstream see Bitcoin as one too. Education is the way to go forward and show them who's who and what's what.

If you know how to filter all the spam and useless comments, then yes this forum is still a good way to get information and learn more about Bitcoins and cryptocurrencies. It will need a lot of careful reading and sorting.

SFR10, thank you for the payment and the promotion.

But their opponent is only Hamburger SV so they will have the opportunity to rest some key players ahead of their game versus Atletico Madrid. That is not to say that the Bundesliga is not important, but the Champions League is as important. Sometime in some managers it is more important.

We should have reason to believe that the next financial crisis that had a magnitude as big as the one during 2008 will be a test on Bitcoin as sound money. Please read the Bitcoin white paper if you still have not done so. In the paper it cites some instances in the modern banking system where Satoshi does not agree with or what he sees as wrong. I think the 2008 financial crisis was a big motivator for him to create the Bitcoin protocol to prove that we can have a currency that is free from the influence of banks. Before another financial crisis happens we should keep hoarding as much BTC as we can.

Thoughts?

This is the wrong section of the forum for this type of topic. The better place for this kind of thing is in the Service Discussion forum. There are people there who know and have tried Kraken before. If you are lucky a representative from Kraken could even post in the thread.

Maybe the screenshots of the emails with Kraken would come in handy here as proof. These are serious accusations and by making the situation public it is your responsibility to give proof what what you are saying actually happened.

It will have no effect on Bitcoin. Maybe the price will go up or maybe it will go down. We do not really know. The government cannot pursue him. What did he do? He only created a protocol based on concepts from cryptography. What will they put him in jail for?

I do not care who Satoshi really is and in my opinion it would be better not to know and keep the mystery alive. But I still get curious from time to time.

They won 3 - 1 but it did not look like an easy win. In the 1st and 2nd half SC Freiburg was pressing them really hard. BVB had a difficult time in setting up their play so they had to attack on the break. If only Freiburg could counter attack well I believe they could win that match. BVB did not dominate the midfield as well as they would like.

Freiburg also lacks quick forward players who are good with the ball.

I disagree with you about Coinb.in being a safe wallet. I do not know what you are trying to do. It is either you are promoting an Indian online wallet or do you really believe that it is really safe. Let us inform the newbies here with the truth please. Online wallets like Coinb.in can never ever be fully safe because you are trusting a third party to hold your coins. Period.

Maybe the Brave browser should start black listing or start giving out warnings to unknown Bitcoin services by default to prevent these phishing attacks. They should start working with these services so that they could create a Bitcoin browser that is safe that will help prevent theft especially for the newbies who can be quite gullible.

83GB is no joke for most users. The blockchain is also getting larger and larger every year so running a node will get only harder. Some of you say something like "oh storage is getting cheaper so it is not a concern", but it is already a concern. The number of nodes are falling.

There are alternative ways to incentivize people to run nodes. One of these is thru Spreadcoin. They have a system called proof of Bitcoin node. I have not read into it deeply but it might be a good solution to the problem.

Bitcoin would be too exotic for traditional banks. I could not imagine them having a stake in something they cannot fully control and understand. Plus there is no market for this among themselves unless they set one up where they can sell them and let some other bank "hold the bag". If one bank becomes interested in investing in it they would have to deal with who? The Bitcoin exchanges? Well if it is Coinbase then maybe they can.

It looks like I may have spoken too soon about this. According to Bitcoin Suisse founder Niklas Nikolajsen European banks may start offering Bitcoin wallets as early as then end of 2016. I still will not believe it until I see it but this will be a huge boost for the legitimacy of Bitcoin if they start offering Bitcoin wallets as an option for their services.

Source of the news is here - http://calvinayre.com/2016/09/21/business/european-banks-will-offer-bitcoin-wallets-soon/

Robben and Ribery are still very impressive considering their old age. Their next game versus Hamburger SV should be very easy for them and a bet of over 2.5 goals is a winner although it pays less.

My BVB is also having an easy match versus SC Freidburg but I will avoid betting on this one. The odds that are given by the bookies are too small. A good game for this weekend is SV Mainz 05 versus Bayer Leverkusen. Having the home advantage, I think Mainz will win that one.

Can you please explain more about why you think Bitcoin will not fall below $560? For me I try to not to get into this kind of thinking because in the real world anything can happen. We expect one thing and then the unexpected happens. But still I am a victim of this, so go figure.

Anyway back to my question, is there a technical or fundamental explanation as to why you think it will not fall below $560 or did you base it in your feel for the market?

Hello OP I would assume when you made this post a while ago that when you said to increase the block size limit you meant for the core development team to do a hard fork just like the proposal of the XT backers?

Fast forward to today and knowing what we know now, specifically with Ethereum's hard fork fiasco where the result was the original chain has become its own competitor, do still think the core developers should still hurry up and do the hard fork now? 

Now that we are under $600 again and possibly until the end of the year. I am curious at what price do you think is a good buy for Bitcoin? For me it is at around $500 to $525 if it can go down there. I know some of you do not think that it will go that low but some of us did not think it will go below $600 either. So I am requesting for everyone to please have an open mind from a neutral perspective so that we can have a better discussion.

If you think that the split in Ethereum's chain was not a bad outcome then you are gravely mistaken. Who would want for it to split like that resulting with another chain that is now competing with your own. You also say that splitting the Bitcoin blockchain should be considered a positive thing? That is absurd. I do not know if you are serious or you are trolling.

There is more at stake here because the whole Bitcoin economy is relying on the stability of the network to keep it going. If they do a hard fork and then the network splits then they are risking destroying that economy and the value of the coin itself. I am certain a lot of people WILL look for someone to blame.

You are right. Bitcoin's price movement is normal and it is more volatile than usual at times so there is no need to panic but there is no need to hype if it is going up. We should face reality and quit making hypey comments. The price will go where it will go and we have to face the music if it goes against us. But really now, Bitcoin has proven itself as something that has real value to society. If the price goes down then that would be a good opportunity to bargain hunt and get in at a good price.

I know this thread came off as arrogant to some but before I was saying to be careful with the price of Bitcoin because it might go below $600. I was only merely trying to tell them what I thought without any malice.

Well yes but the problem with that is the storing of cash and/or gold. But let us talk about gold for this purpose because paper money is nothing more like an IOU that is entrusted banks promising us that it has the said value.

But anyway back to gold. As you said gold is free from counterparty risk but how are you going to store it? You also cannot carry it around with you all the time. This is where the genius of satoshi comes in. Thru technology he knew he can create a new asset that is free of counter party risk, totally controlled by the user and the transactions can also be verified by the users themselves.