That's true. I face the same problem where I want to move some mbtc from web wallet to desktop one. From my point of view people will move their bitcoins only if they decide that is a big amount of value. That means they will use their bitcoins the most for savings, for trading with alts in exchanges and as commodity. Therefore, nobody will do any micropayment for everyday needs except if they can transact with some alts and merchants are happy with them.

Unfortunately it is a favorable and usual policy of Turkey. That means, as always does, Erdogan has decided to export to other European governments its internal problems with the referendum which will give more powers to him as Turkish president, causing political problems in many countries. It's really funny to listen from Turkey accusing the Netherlands as Nazi when as usual practice prohibits its citizens to use social media and also in the prisons are many people who have different political views with the current government.

Although some people in the forum argue that there is no risk to the global financial system from bitcoin, banks do not have the same opinion. For example, BNP Paribas admitted that bitcoin could destroy the banks as we know they work now. More over the BBA which is the leading trade association in UK has circulate a document with title Digital Disruption UK Banking Report has a paragraph about the threat of bitcoin in the future and  concludes that bitcoin "users handle many of their daily payments needs themselves, without the need for interaction with banks". All of these which anyone can find with a simple search like as more recent examples of other banks like as the PBOC are signs that banks are already considering the bitcoin as the enemy. The future will be interesting.

Although, the most cryptocurrency news sites last days had estimated that the acceptance probability was tiny I had at least the hope that SEC would not decide and could find a good reason to delay again. I read that there are two other similar assets waiting their turn but I feel they will fail. The worst point of all this process are the reasons SEC put forward to reject the ETF. Surveillance agreements with significant markets and regulation. SEC knows that both of them will not be satisfied so an ETF will not ever reach the approval in the future.

Assuming that your blog is for everyone in the world who is newbie to bitcoin I would like to suggest the following:

1. For many people outside India is difficult to understand your numbering system. Therefore for 'lakhs' I have go to Wikipedia or I will not understand anything about that.
2. I live in Europe and I learned some about the laundering during the demonetization period. India is a big country. Even though you post that it's a blog for newbies I believe that your blog would attract more visitors if you could include some bitcoin news from your country like this with money laundering. Maybe about bitcoin acceptance from people and merchants, problems which are solved using that, etc.

Good luck and keep on your good work

Of course bitcoin is a currency and it can be used for illegal activities, like as fiat currencies all over the world. As far as it concerns the 'anonymity', bitcoin isn't and the more possible will never been an anonymous currency. It's only pseudonymous.  That is, the bitcoin address is a pseudonym and the transaction forever is recorded in blockchain. Of course you don't use your real identity. However, in many cases identities can be linked to bitcoin addresses (buying/selling goods and services). And many times is easier to find anyone's using bitcoin the real identity than fiat money. For this reason there are mixing services in order to protect the privacy of people when they transact with their bitcoins.

If you read the article when @OP made his post you will understand that the logic behind this is not that he will work for one month and his employer will pay him with bitcoin instead of the usual fiat (here yuan) but only a comparison to understand more people the value of a bitcoin. Reading the article there is a paragraph stating that celebrities and media try to convince the Chinese do not invest their fiat to bitcoin speaking and writing only about the volatility and that government will not allow bitcoin to grow. The conclusion is the authorities in China are using any means to force people to stay away from bitcoin.

From these which I really know because I have already and currently use are: As web wallet the blockchain.info which propose the fees according the confirmation time but user can customize it according his own preference. As a practical advice from my experience using this wallet some times in the recent past you have do not rely its algorithm because for fast confirmation today proposes about 140sat/byte unlike https://bitcoinfees.21.co/ proposes about 220sat/byte.Then the electrum desktop wallet where the user can put the fees which is willing to pay according the blocks can wait until the first confirmation. After that Armory, Core at sure give this choice but I haven't use it.

I might change my mind later, but for now I save our bitcoins mainly for three reasons. The first one is because I believe that the price will rise in the near future so If I need urgent fiat money I will convert it and, I have the expectation, that I will have a good profit. The second is, because I have a little faith in fiat although I live in Europe and I use the euro. I feel in the future cryptos and especially the bitcoin will have more value than any fiat currency. Last one I want to get around abroad for fun. So I will find out if I can use it in some places worldwide without the need to convert from one fiat to another in countries which I will visit.

Africa is a continent with many contrasts. That is, there countries which are is technologically friendly like as the South Africa, but in general most of them unfortunately, are underdeveloped. Many citizens of these countries are without bank status. Bitcoin offers them what no fiat was able to give. It is decentralized and does not require a trusted third entity aka bank. Obviously, an appropriate training is required but is not impossible especially for young people and those who really have the will to change their life. As far as it concerns the internet infrastructure there is also the mobile one 3G/4G offered by cellular networks. Bitcoin only will not definitely solve all the residents of Africa problems but is certain that is a good way to improve their everyday life. As a recent example let's look what bitcoin offered to people of Venezuela.

Less than 1 1/2 month before the first round of the presidential elections, Marine Le Pen is stronger than ever. Polls predict a comfortable victory on April 23 and the momentum is with her. The political conditions assist. Le Pen strengthen the weaknesses of her opponents. But at the international level, the Brexit, Donald Trump, the Beppe Grillo and now Martin Schulz sweep "systemic" candidates who until recently seemed to be safe. On the other side France's electoral system has developed institutional safeguards to maintain stability. According to the so-called "democratic discipline" in the first round you vote who you want. In the second one you vote against whom you fear. This time the french voters have really lost their faith in traditional political parties and they will not vote to support anyone. All they will vote against someone.

@OP is an interesting view but you don’t really think that, do you? Do you believe that altcoins is a safe heaven if bitcoin crashes? I believe that alts are useful in many cases like as when I believe some rumors and I feel that I will do a trade profit and I am in risky mood, or when I want to do some micropayments due to high transaction fees of bitcoin network; but all alts will not survive if bitcoin dies. Therefore, because we are near the ETF's approval or rejection from SEC and many people have their fingers in the trigger, anyone believes that odds are against the approval then he can go with fiat or real commodities like as gold and silver.   

Exactly. But I see it more as betting and less as gambling, I would say. All we like fast and good profit; right? But profit always is risky. Always in trading the events, the information, most times the rumors, the speculation and the 'feeling' are the friends/enemies of a trader. So according your psychology and the very basic rule 'Risk Only What You Can Afford to Lose' there are only 3 cases: keep all your coins or sell all of them and pray or if you are a more conservative one like me keep some of them and sell the rest. How many you will sell? This is your estimation. But you need to hurry. The 13th March is close enough.

The way I see the things I have a different view. All of us we know that nowadays the average number of transactions in 1MB blocksize is approximately 3.3 tx/sec and not the maximum theoretical one of 7tx/sec. Therefore, an increase of the block about 2X or 4X or more bigger would we believe that would be an effective solution? So we have to admit that we use the bitcoin only if we will transact with big amounts of value and off-chain solutions or altcoins or anything else for some micropayments. All of these debates and the controversy about segwit or blocksize supporters create only problems to bitcoin holders and create arguments for anyone who has a hostile behavior in bitcoin.

Some people may disagree with me, but is quite obvious that PBOC and the Chinese government want to toughen up all of their citizens want to trade with bitcoin. All of these debates about regulation clearly are only excuses with only one purpose; to prevent the outflow of capital abroad. If the Chinese authorities were so sensitive about the bitcoin usage as a mean of financing illegal activities would take care from the beginning. So, if anyone would like to set an exchange it would be required to comply with specific standards otherwise could not be authorized to have one. Therefore, I doubt if the bitcoin was not so popular among the Chinese citizens the authorities would show the same interest about the implementation of the AML/KYC instructions.

I don't know where you live but is worldwide known that paypal service is not a scam and at sure is more buyer's friendly than any crypto currency including bitcoin. All they understand that bitcoin payments are irreversible which could be a hassle if you buy something from a fraudster seller. Moreover, some times in the past I was willing to use my bitcoins to buy a good or service but for many companies it's not an accepted payment. For example have you ever tried to buy (online) playstation plus without your credit card or a paypal account?

I partially agree with the way you see the things. Bitcoin is not only a digital asset aka a commodity but mainly a currency. So, imho,at first anyone have to use it as medium of payment. Moreover, I really can't understand what is the 21 btc holder group? Maybe a an elite club for 1 million people holding 21 btcs as somebody post one year ago in the forum? I feel confident that in the future bitcoin will have more value than now not only from obvious advantages we all know but because does not suffer from fiat issues like as inflation, coercion, central planning etc. Besides that and all of the bitcoin's pros we can't predict the future. Hence, we have to follow a basic rule for investors which is not all eggs in one basket  that is, the diversification of a portfolio is not just a precaution, it's a common sense.

As I have read the idea behind a world currency it's not new and has been a matter of discussion of many people worldwide the last years. There is an article in 2009 IMF blog about a world reserve currency after the US Dollar. Even though is quite old it refers to a truly global currency which could be a store of value disconnected from local currencies and their inherent problems. I do not think that it was by chance in January 2009 the creation of the genesis bitcoin block. On the other side it's quite obvious that governments and banks will not let bitcoin to dominate as international currency. For this reason there are already some tries from banks to create their own digital cash using private and centralized blockchains. Who will be the winner is difficult to say. But if we remember something that known entrepreneur Antonopoulos Andreas had said that in the last we will win.

Username: sportis
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Most of them have already sold their bitcoins so there are two cases; First one they want to buy again in lower price to make a profit and secondly because they panicked  and sold early their bitcoins they want to convince other people to do the same thing. If they are not bitcoin holders then the reasons are obvious why they parroting and spreading fake news. They want to support fiat money.