i store my bitcoin on my wallet,exactly online wallet,why must i used cold storage if i just have a little bitcoin Cheesy as long i never see bitcoin got stolen,i will trust online wallet,and my favorite was coinbase, that was the best for me.

No bitcoin can't make banks dissapear. Physical banks can dissapear, yes that's true but bitcoin won't be the reason that this will happen.
You're still going to need fiat if you're country hasn't adapted to bitcoin yet, so you will always need to exchange.

Maybe I will continue to collect bitcoin to be a lot. After that I will wait for the price to be high then bitcoin bitcoin to currency exchange. Maybe I wanted to wait for my bitcoin achieve the 10. Maybe it is my plan to become rich with bitcoin.

I want to buy a house. a place to stay for me and my family. I want to live happily together. The most convenient place. The best thing is that it is currently possible here in India...  I remember that when the price of 1 BTC reached $1k, I had seen some houses being sold for upto 500 BTC a house... Too bad I don't have such opportunities at my place, else I would definitely invest.

Many here keep denying that it's difficult to use. That's a fact but what it's worse is that there's actually no problem to solve. Bitcoin doesn't do anything better than Paypal or CCs. Common people don't need Bitcoin in their lives unless they want to invest long term. People here mentioning Paypal is refundable as if was a disadvantage? you think that's a con for common folks?  Do you think my mother wants to use Bitcoin (which is non-refundable) so the minute she makes a mistake she will lose all her money? Really? Because she will make that mistake sooner or later I guarantee you, there are decimals, authorization keys, brain wallets, address as long as long as line of code, qr codes, and you think being non-refundable is a plus? I think Bitcoin is a unique technology don't get me wrong but is in its infancy just as the internet was in the early 90s, it's still just for curious and tech savvy people. In this case it also attracts investors and traders.

This situation is analogous to banking customers (the bitcoin userbase) depending solely on central banks (miners) to uphold the integrity of the system. It doesn't work in the real world and it won't work in bitcoin.  Non-mining users and miners have competing incentives. Miners are only concerned with profit -- historical attacks (withholding, double-spend, tx censoring) support that. The only checks on miners' incentives to attack other miners or users are 1) other miners (who might control enough computing power to prevent computing power based attacks) and 2) non-mining nodes (who might control enough nodes to prevent Sybil attacks). Past that, miners are presumed not to be honest (they have clear incentives to be dishonest), and will steal everything they can. Non-mining nodes are therefore essential to keeping miners honest, by making it too expensive or difficult to mount certain attacks against the userbase...

Hello to all of staff,

I've beenn promoted to member now. 

If you have some spare time please update it in the spread sheet.

Thanks you.

Well, it would definitely suck for many months but I don't think I would get too depressed unless that was all I had, as in savings. I have much less than 1 BTC right now and to me that's a treasure even if it's nothing in real life but if I lose it I would feel the same way as losing a huge amount of money really. Life won't change unless it's your whole savings or bankroll. Such thing is impossible for me, and won’t happen, I won’t be a full to invest such big amount online. But, assuming it happens, first of all I will faint, when I wake up I will if it’s a dream or real life, and I will feel nervous for some days.

Imagine you need to pay someone say $2000 that painted your house or performed another service.

And you wanted to pay them in BTC

And they heard of BTC and have no problem with the concept but never used it before

When you realize what you have to do - the explaining, the convincing, the handhold, how much time it takes you get them onboard and how much time it takes them to go through the process and have it converted to fiat in there hands... 

I don't also like Bitcoin's price volatility due to the fact that you could lose your investments quickly. This is a disadvantage but it also serves as an advantage since you could take advantage of price's instability (volatility) and make profit if you know how to do it well. Over the past weeks, I have been doing this and have made a decent amount of profit.

I also think  that there aren't much merchants accepting BTC but if you take a look, it is slowly gaining its adoption over time and I think it would take 5 to 10 years to see true mainstream adoption.

Crypto hippies with their head in the clouds that don't know about finance, economics etc. That assertion relies on FIAT vanishing. As long as FIAT exists Banks will exist. Fiat is not going anywhere ! Maybe in 50 or a 100 years but now that is so far off it doesn't even matter. We might as well be talking about teleportation & flying cars. Many people don't even have a bank account.. or a Computer or cell phone. I hate to break it to you 1st world problem guys but the reality is much of the world is poor and will never ever have the reasonable means to use electronic devices that Bitcoin relies on. And there is no way a digital currency that relies on the Internet being up and powered with electricity 24/7 forever can replace REAL tangible hold in your hand currency. Banks exist to "handle" money ..real money ! REAL Money is not going anywhere. You people are delusional cheerleaders.

I just hold it until the price rise again. That is the right thing to do as if they are idle then there must be something in our minds that we are not using bitcoins, we would surely hold bitcoins for price rise and sell it at a right time and make some profits out of it, honestly bitcoins can never be idle as we would surely keep on using it and spending it whenever we need and that is the right thing to do with bitcoins.

I keep Bitcoins in my own computer. I think because the safest. I keep it online but sometimes I find that quite unsafe because I sometimes hear from people that they have been hacked... So that's why I do it on my own PC. 

This is insane. There's not bottomline for human madness and cruelty. People who regard money above human lives are not worth the food they eat. 

so sad to see this kind of thing happening in 21st century...

Im sorry for the possible inconvenient post, but I found this puzzle very intriguing and would like to join. But I would like to know first who guarantees that this prize is going to be handled to the winner?

It's simple, because it is for their own extra security and for trading and some other stuff. I myself use 5 accounts for storing my BTC and 2 other accounts for trading.

Well, actual BTC are not in risk of disappearing as they can fit in 2 MB blocks. Users are in a comfortable place IMO as they can choose whatever they like once it is developed, without risking their coins beforehand...

LOL

I would also never join such page with my personal account! That would be silly indeed.

Well, I really think Bitcoin will find a way to work out all these flaws. If you think about it properly, Bitcoin is still the one standing despite all the crisis.

There's no such thing as needing to declare it! How would they prove you got an digital asset? The only case you would need to do it is if you convert it to fiat...