first of all, price is ALWAYS going to be "affordable" because you don't have to ever buy 10000000 bitcoins! you can buy a small amount like 0.001BTC too.
secondly those who have a lot of experience don't wait around for the rises to begin before jumping on board. they either take the higher risk of buying when price is still not moving and is at the bottom or jump on board the minute it started rising.

if the majority of investors were wise instead of panicky then we would have never had big whales as we do now and we would have never had such unrealistic drops to such low prices that make your head spin

the problem is that most people prefer listening to FUD and then panic buying when it is already getting late like what we had in the past weeks that they didn't buy when price was in $3k and i was saying this is not just the bottom it is below bottom but then they started panic buying when it got close to $5k!!!

it is always hard to tell with these big corporations about their real motivations behind actions they take specially those that are located in the US but this seems like  one of the initial steps they are taking towards pushing their cryptocurrency eventually. we still don't know whether they will ever release it though.
what i am interested in the most is to see how long it takes for their token to fail. initially it will become big as it is a big company with a big name but in the end it is centralized and will have lots of limitations without that many benefits so it is doomed.

i would never call what we have in bitcoin a "cycle" specially because that way of thinking always ends badly for traders who try to follow some arbitrary cycle that never happens.
what i would be open to accept is that there are similarities between each of these periods that are referred to as "cycles". the similarity comes from the fact that bitcoin is still new and is in adoption stage so we should expect these big price jumps every now and then and eventually they accumulate to a big bubble and as bubbles are in any other market, they burst and cause a long bear market. and again since bitcoin is still going to be in adoption stage the price continues rising hence looking like a "cycle".

but there are not specific time frames or sizes to these periods of time. they can be 1 year or 4, the rise can be 4x or it can be 20x or 50...

you can't just bring anything you like and call that "evidence". i call that nonsense. what Craig Wright has always done is that since he doesn't have any proof (he obviously is not Satoshi) so he always tries to manipulate things and use drama to get his ways. and there still are so many who fall for it.

that is the inherent problem with all of these speculations that are based on some chain analysis. none of them are reliable enough to be considered a fact. we know that bitcoin is not anonymous but it is still pretty hard and at some point even impossible to link different addresses to persons or  companies.

it is not about not knowing or knowing about bitcoin. it is mainly about having certain principles as an investor and sticking to them and that part of it is respectable and we all should learn from him. these principles are that he only sees companies with a product as a viable investment.
but the part about him giving opinion about bitcoin and saying it wild end badly is pretty bad.

you don't have to become a bag holder of an altcoin to make profit from its pump! in fact if you become a bag holder you will never ever gain any profit whatsoever because there will eventually be a dump and the bag holder mentality will always prevent you from selling.

i don't believe in bag holding altcoins but i still made more profit than the bag holders. all i had to do was to buy BNB when it started getting pumped in December 2017 from $1 to $25 and dump it in less than a week to get all my money + its profit out and put it in another shitcoin that got pumped after BNB and i have been doing the same ever since...

i don't think fluctuations such as this one are worthy of discussion specially since we saw that it was not really a "drop" but a mere correction since price is already back up above $5k mark and that shows the market is eager for the rise and the bull run has already started.

all those previous month when price remained low and moderately stable with a high volume was the accumulation phase to this ongoing rally. it is slow right now because it is the beginning of the bull run.

a 51% attack is NOT a hack. it is an attack. and it has happened to an altcoin with low hashrate which is not even the first time that this happened. basically every month or so another altcoin is attacked this way simply because they copy bitcoin while not understanding what they are copying! bitcoin works with PoW because it is the only currency that matters and people want so it has the highest hashrate and is way past the point that it has become expensive enough to make 51% attack simply impossible.

some time ago i said that banks and other similar sectors will eventually start getting into this world and adopt bitcoin. well it is starting to happen slowly.
this first step is them entering only from an "investment" perspective but it won't be that long before we start seeing them opening up "bitcoin savings accounts" and lots of other things like bitcoin loans,...
they have no other choice if they want to stay alive.

neither of those two are even problems!
BCH stopped being an actual problem in first month that it was created (mid 2017) and has only been a drama for newbies to spread FUD about bitcoin.
as for MtGox the only time it was an actual problem was back in 2013 when they really manipulated the price and their exit crashed the market. there has been no problem coming from them ever since. don't confuse the bullshit online about them selling and causing the $20k crash with them being a problem that had nothing to do with the drop!!!

feel free to sell YOUR coins.... oh wait...

no there is none.

it is simply because of the fact that when people use banks and any other centralized service like Paypal,... they don't care about what type of technology they use. all they care about is for their money to be safe in the hands of that centralized party and them being liable in case something happened like them getting robbed,...
they don't care about cryptocurrency that is created by the bank.

when we talk about cryptocurrency and it becomes meaningful is when we add decentralization to it.

greed is in all of us and there is noone who could claim they are not affected by greed specially when they are trading and there is a lot of money involved.
the thing that makes the biggest difference among different people is what they do with this flaw and how they control it. a successful trader is someone who doesn't let his decisions be clouded by his greed and instead focuses on the reality and analysis of the market. but a losing trader is someone who is a bag holder instead of letting go of altcoins that continue to drop.

but that has to be bad for his business though!
it may work for a little while to lull people into thinking their "portfolio" or the bags they were holding is going to pay off because the owner of the company is telling them so nonstop but eventually they all realize that he was full of it all this time while they kept on losing money. (i am assuming "portfolio" in his company includes altcoins too which is the worst part since most of them are going to recover ever again)

well you shouldn't compare this time with all those times.
those previous cases you are mentioning here where people shouted bull run was when price went up a small amount like 5% and didn't even break any kind of resistance.
but this time the rise was big and we have broken multiple major resistances. from $3100 bottom to $5500 is already a 77% rise. if that is not a bull run i don't know what else is!

since when does stating the obvious facts are leading to a lawsuit? it is like suing someone for saying the sky is blue.


publicity! what else? he is never going to go ahead with the lawsuit. it is just something he is trying to make himself look "not fraud" and continue his scam for a little bit longer.

Tether at this point is more like loch ness monster, there maybe there but it is made bigger than it really is. the fact is, Tether has become a big part of the trading community specially among altcoin traders who want to escape the big altcion dumps but in the end bitcoin has never depended on it and more importunately its price rises so far had nothing to do with it.

i think you may be too hard on yourself. i would easily tell them that it is a new form of money and if they needed more explanation then i would go into more details as what it is and how it works, what decentralization means,... and things like that. but generally it depends on the person asking, sometimes to explain more means making it harder for some people to grasp it.

Stablecoins are necessary but only if they were decentralized. we are in a decentralized world after all and we should avoid any kind of centralization in this world which will include using centralized altcoins, stable coins, exchanges, wallets, payment processors,... so far we have alternative to all of these that are decentralized too but people have to always get bitten and lose a lot of money in the centralized sector before they start looking for a solution. which is why centralized things are still at large!