I have wished it happened but I have never witnessed it and even me too have never made that mistake except for when I was scammed but aside that, I am always careful so I expect anybody sending transactions to do same but I won't mind it happening to me though. Who won't want a free money?

I can't but laugh but the issue of bitcoin is now worse than PayPal but in all sincerity, that will be a false conclusion arrived at from a faulty position. although bitcoin is having some deficiencies concerning the fees but I still dont see it as comparable to what PayPal is charging couple with the limited or no service PayPal is offering in various countries among other convenience that bitcoin offers to users.

From the way I view it, I think op is mixing gambling investments with playing on a gambling site as both are completely different. Gambling investments is definitely not zero sum because the house always win and you will get return on your investments. On the other hand, if its playing gambling too, accepting it as zero sum also comes with reservation as people sometimes makes more than what they put in and they bolt.

From what I have read so far I cannot conclude that the list is just random because even aside from the list other details have emerged that have even provide backing to the list. Regarding the issue of Japan since the declaration is still recent and I dont expect the news to circulate that fast compared to other countries who are on the list that have been known to be the hub of bitcoin trading.

Although I have not lost much but the few losses I have made, I think I pretty handle it well because I would say it didnt happen at once as it was a gradual decrease in what I had put in. I was waiting and waiting maybe the coin will pick up it went down further up to the point where the market volume was becoming nothing to write home about and I just counted my losses and bolt out.

In all sincerity, I have not earn at all rather I have lost some amount and this due to the fact that I have not learned enough couple with being scared to take the risk and making up my mind to be ready for whatever might happen whether positive or negative. I always envy those who have been able to make something out of trading and hopefully one day, I can get to reach that level.

Investments is not a matter of how much its depends on how much one can afford which is most times proportional to the return that it will generate. Its normal that if two individuals put different amount of .1btc and 1btc with 10% return on investments we all know what's going to come out of it. That's just the rule about investments.

When I saw it at first too, I was surprised and started looking at the various meanings when me alone had 4 then I saw the thread and people started reporting in according to their various ranks but alas this morning when I woke up, its gone to where it came from. After all, it was an April fool message.

If I am to choose, I will go for real estate because that I am sure that even if the price falls, my house is till there and I could sell but at the same time the rate of increase in the price of bitcoin is not something anyone could have foresaw as even at at today, no one knows what will happen afterwards in the next hour but hopefully I would share my resources in other to minimize my exposure to risks.

Well, the money making guides are there if you are ready to take the risk as no one will guarantee abosulute money inflow that's for the legit ones. However, there are others that are scams by default, the moment its too good then its most likely scam and the onusd is on you to keep yourself and your hard earned resources safe from such activities.

I really want to understand how this will work because I am always skeptical about getting things cheaper than what is obtainable in the open market because at the end of the day one might just got bitten and lose hard earned resource in the process of seeking for cheap resources...


No one will actually admit they are out to scam even if that is their motive from the beginning.

I really want to commend your effort in keeping up to date in responding and answering queries that have been raised by users on the site within reasonable time. But I am surprised how someone would win without wagering any amount. I still hope this wont be abused by those who are only interested in freebies thereby shutting out serious wagers who want to make a run with their money.

In addition to bitcoin start hurting the economy, which wont start until large corporations start using bitcoin with large amount of money being moved without authority taking note of such and this is eating deep into the revenue base of the country then the countries will sit up and the moment they realise there is no loop hole to exploit, then they will maintain a position in order of urgency.

IRS will be performing its responsibility in generating revenue for the government and the moment they find it difficult to block every loop hope of revenue evasion from citizens, then they are nearing either extinction or re-organization. So if cryptocurrency will open that room of tax evasion then I see IRS declaring massive war against users and even tax you arbitrarily up to the level that you will be the one to open up on all your sources in other to reduce the tax liability.

However, because in the literal sense it is legal afterall stock trading is also legal but technically, it might not be legal especially in a case where the law is not fully plain about crypto-currency and there is no way they can really determine your income from such trade to understand whether you are disclosing the right amount of income or not should in case you decide you want to pay tax or not or when IRS is ready to investigate your source of money.

The topic is about the effect it will have on bitcoin if Nigerians start using bitcoin not but I am surprised that the entire thing is being changed that its about scams Nigerians are known for as if no other Nationalities scam people. Even on this forum where there are several cases of reported scams I have not seen where it has been concluded that this is done by Nigerians. I have been scammed before so I know what I am saying. In as much as we are happy that the popularity of bitcoin is increasing, then we should also not be unmindful of to keep ourselves safe from scammers.

I have maintained the position last month where the comparison starts between gold and bitcoin and with much relevance to bitcoin. Comparison can not be perfect without considering long term. Last month when the price of bitcoin overcomes that of gold, the news was all over without considering the volatility of bitcoin and in a space of few weeks we have seen bitcoin go down to the $900 and now to the $100 among other things that have happened to bitcoin. Longterm effect is important before conclusion is achieved.

In recent days, I have not noticed the fall in price as all I have seen is increase in price which has been consistent at above the $1000 after the fall in the past weeks. The $2000 mark is possible from the way I see it but with its own price like the miners fee so no one should shout about that as we only wanted an increase in price and not kin transaction fee.

If people can use something as freely available to the best of my knowledge as water for illegal activities, why cant they now use a Fiat that can get them whatever they wanted for illegal means. When it comes to illegal activities when someone is criminal minded, its not about the USD anything whatsoever will be used to achieved his objective even soap. So, using dollars for that kind of person will make the job easier.

The people who are involved with bitcoin, and keeping it long term, know what they are getting into and are ready for such outcome with recourse to whether making a winning or making a loss and there is no amount of what will say that will make them change their because they believe they will make a wealth out of that decision of theirs as I have friends to with the same ideology in which I dont even have anything against such commitment to bitcoin.