Quote from: Jaya912 on February 04, 2018, 02:09:53 AM

Quote from: steamon on February 03, 2018, 09:36:14 AM

Guys I would like to remember everyone that there are only 21.000.000 Bitcoins in existence around 3 to 4 mil bitcoins are lost permanently. This means that we will have 16 mil bitcoins. Now the twist. 1 small country can buy all the bitcoins. The media has to fud to bring the prices down. They are really worried about Bitcoin and they can't shut it down. Just like skynet. Grin

They will tax it but they can't shut it down.

Its like in the movie. Skynet. Very good from you.
How they can tax bitcoin if we dont know the holder from which country? Or maybe they will make own exchanger belong to government and all user have to pay the tax.

Quote from: steamon on February 03, 2018, 09:36:14 AM

Really I am having a blast when talking to people about Bitcoin. So many are still skeptical out of 5 only 1 buys. Yes, the market has to correct sometimes. Some are angry at me that they bought in December but they are not seeing the bigger picture. The whales are lacking the tools to properly bring the market down in my opinion. The more people that buy Bitcoin today and hold the more power the whales will lose and they must buy from miners to obtain more bitcoins then.

We can even make our own prices if all miners agreed to sell 10k only price will be 10k. 100k only 100k. Wink

Corrections are part of this path but we will seek higher heights. 50k+ easy this year.

I like your optimistic. $50k by this year is not easy mate.
I will most like if bitcoin can be back like old price and not expect higher at the moment.

Yea the only way to regulate it is to make a digital cage around it and set regulate rules to exchanges. But there are still plenty of ways to stay hidden. Also with MAST, you can do private transactions on Bitcoin. Lightning network coming this year. So I am still bullish on Bitcoin long term. You are right that 50k bitcoin requires a lot more money then it was from 1k to 20k. A lot of consumers are feeling blown off that they lost money from the recent 60% correction. At around April, we know more what Bitcoin can do this year.

Honestly, you don't want those people in Bitcoin waiting to make a quick buck. Still, we are today where there are Bitcoin futures. I have mined a few bitcoins in the past and still holding them today. No problem in holding them a year or 3 more and even then I won't sell all.

Bitcoin replacing other currencies is a nice dream but very hard to pull off. I am ready for such digital age. But I must also pay my bills in real life from time to time. What we first must achieve is that Bitcoin lands next to gold as digital gold and then we can look further. Lets see how G20 in April talks about Bitcoin. It's in our fingertips to make it happen collectively.