Bitcoin is heading for its biggest monthly decline since January 2015

Bitcoin is headed for its worst monthly decline since January 2015 this month amid increasing scrutiny from regulators on the cryptocurrency space. At 12:30 p.m. London time (7:30 a.m. ET), bitcoin was trading at around $ 10,249.56, according to CoinDesk, which tracks the price of the cryptocurrency …
Google Alert – bitcoin

Monthly reminder for newbies: The Bitcoins you store on an exchange ARE NOT YOUR BITCOINS – they are an IOU. If you hold a decent amount of bitcoins, please make the intelligent decision NOW to transfer your coins to a secure mobile or hardware wallet that you control.

Hacks on exchanges are rare, but they happen. Freezing of exchange-accounts can happen. The point of bitcoin is to be your own bank, a bank that no one can shut-down. The only way to be your own bank is to control your bitcoins yourself.

Popular mobile wallets (great for beginners) include: Breadwallet for IOS, Mycelium for Android. Also, if your phone is rooted, please research how this affects security on mobile devices.

Hardware wallets (gold-standard of security after a bit of research) include: Ledger, Trezor, and Keepkey.

submitted by /u/GabeNewell_
[link] [comments]

How many monthly bitcoin users are there now? (

I am looking for statistics and have not seen a reliable estimate. Bitcoin transaction volume daily has steadily grown over the years, but this does not necessarily mean the number of users is growing. Can someone provide an estimate with data to show how large the community is currently. I am looking for the # of people who have bought/ sold/ used bitcoin in the last 30 days.