Buying loads of coins at around $100 was not a bad decision for me. It was pretty clear that the $1000+ prices were a bubble, I sold most when it hit $1100, I believe. Just kept a few to play around with and tripled them over time. Timing the market is difficult. Best is to hold a few coins and benefit from long-term price appreciation.
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i have this ... 30 trillions = 1 BTC = 1,5 Millions USD. We should cheer each of those milestones. Waiting for Bitcoin to cross paypal in valuation.
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They cannot stop individuals from using Bitcoin. They might try to kill it through over-regulation.
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That's just being naive in my opinion. What about all ransoms in cash or into swiss bank accounts back in the day? Are they gonna ban cash now too? Saying they will ban btc is like saying they are going to not let you torrent movies anymore. Sure both are illegal but how many are getting caught with it?
The government doesn't have to state the real reasons for the ban. This ransom demand provides them a convenient excuse to ban Bitcoin. Taiwan's loss could be other countries' gain. Other countries will benefit from the Bitcoin economy.
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Surprising. There are other countries in the region which have a neutral / positive attitude towards Bitcoin. Taiwan could be missing a trick here.
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-----BEGIN BITCOIN SIGNED MESSAGE----- aso118 here. Today is 31-Oct-15. -----BEGIN BITCOIN SIGNATURE----- 1N4VoXpwwdrkEAeFyBxB6BChY1KQzKwNdR G++4Bt0uKP3EUzy6DWH3HmMWMa7l9Po4huHX7xkaT98YatF6a77uByRZ8dIWfJKyDadCaFb220I/p6JH9N+adms= -----END BITCOIN SIGNATURE-----
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So ponzi schemes are legal in Russia, but Bitcoin illegal?
idiots
Countries which have a weak currency / are insecure about their currency tend to attack Bitcoin.
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I always enjoy reading mainstream media articles about Bitcoin (when they are positive). The article covers the various possible uses of Bitcoin, plus the possible disadvantages - 51% attack, effect on environment, blocksize debate, etc. Good read!
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Bitcoin CEO indeed... The media seems to be intent on sensationalizing any news related to Bitcoin.
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Bitcoin will grow faster than gold, since there is a lot of gold on Earth
What the hell is that supposed to mean? I didn't expect this in a published article.
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The immutable nature of blockchain is very attractive for election applications. It could result in a decrease in the number of disputed elections.
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Virtual currencies such as the Bitcoin are either being used by the foreign fighters of the Islamic State (IS) or are in the process of being used, says a report by the Financial Action Task Force (FATF). Founded in the year1989, the Paris-based FATF is an inter-governmental body which works on measures that may help in combating the flow of funds to the terrorists. http://www.newsbtc.com/2015/10/26/scary-is-foreign-fighters-using-bitcoin-to-fund-terror/While they say that this is an "emerging risk", they don't specify what percentage of terrorist funding is through Bitcoin. This is intentional, because they don't want to miss out on a juicy headline.
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LOL.
Im looking at the BTC price now @ preev and Im really surprised with current movement just now! From $292 it down to $288 in just a matter of seconds then I think after 3 seconds back to $292 mark again lol.
Price can move rapidly. Just set yourself a level at which you want to sell and make profits. That level can be insanely high as well.
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More competition is welcome. Even if it is the traditional "tax havens" which have digital currency friendly regimes at the starting, this will soon spread to other regular countries.
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These kind of news are positive for Bitcoin's image. After all the negative publicity surrounding Silk Road and hackers, coverage like this is welcome. Too bad it isn't more widespread.
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Bitcoin may become better than Western Union for money transfer. There are reasons why Western Union is still around. We will have to see how Western Union adapts to the changed environment once Bitcoin usage becomes more widespread.
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The problem is still the last mile connectivity. Micro jobs are usually outsourced to people in developing countries. If they can't convert BTC to fiat easily, we have a problem.
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I thin :)k bitcoin wallet is the safest..... Transactions with hash encryptions and always will make out a secure and private environment for you where you can sit back and do transactions
Some people might argue that insurance compensates for the safety aspects that you mention above.
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I will be on an island and quite rich. The Forbes billionaires list will see quite a bit of churn, though I still don't expect Satoshi to reveal himself.
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The debate on Bitcoin's death has been going for quite some time now. The debate is the one which should be buried.
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