It depends on the person's wallet size. In most cases people with a few hundred bucks have no problems investing in these coins because they can get in and out easily, which is why such altcoins are quite popular.

If you're a trader/investor with $20k for example things are different unless you have the luck to buy or sell into a large wall. If I had that money I would definitely avoid such coins, but everyone is different at the end of the day.

It honestly doesn't surprise me. Digibyte is super fast and convenient, but despite all the shill attempts on social networks (mostly bot activity from the looks), there has not been much actual interest in the project.

Overall, an exchange is free to delist coins at will, and the more low level altcoins you hold in your portfolio, the more delisting risk you are exposed to. I would carefully decide what to hold and what to sell, just to reduce that risk.

Mind explaining what that change in mindset exactly is? I don't believe anything of what they are saying, but look at what they have done so far, and what they have done has not changed at all, and I don't think it will change.

I don't think that people understand that regulators do not care about crypto and its adoption. All they do is restrict the freedom that people and businesses have, and that is not a good development even though many people believe it is.

This makes the most sense, not only for OP but for many other people who don't know what to do, because it's not easy to determine yourself with how indecisive the current market is.

One day it looks bullish while the next day the price tanks as fast as it went up. I generally use about 10% of my balance to dollar cost average into the market, which in case the price will go down more, will work out well for me.

That being said, you need a plan to dollar cost average into the market, so don't buy every single dip that you see. In some cases it's better to hold off for a while because there is more downside potential.

Currently you have faucets left, games that pay Satoshis, captcha solving schemes, and so on. It's however not free because they require your time or some little effort. Currently it's all about earning, not getting it for free.

The times where early birds generously rewarded newbies for entering the space are over and they will never come back. Bitcoin is too precious to give away for free, which is why people focus on earning and not on getting it for free.

Well, that's not entirely true. Bitcoin as the most liquid coin by default is less volatile than an altcoin with much lower liquidity and market cap, which is why we see some altcoins pump 20-50% on a daily basis.

For whales it's impossible to cash out positions at once, but for small few thousand dollar fishes these markets are liquid enough to participate in, especially when they have been pumping for a while and thus attract more capital.

It's one of the biggest exchanges for now, but that will change the more they are going to comply with regulations, and that's when Binance will actually get hit hard. It's a matter of time only.

As far as IEOs go, that hype faded quickly and they helped kill it off themselves by making it extremely hard to enter. They also front runned people by buying into IEOs themselves and then dump the moment the pair goes live.

Binance has lost a lot of credibility there. If they didn't screw up IEOs it could have become the next big thing, but I'm glad that people no longer have to lose money buying into something that only tanks.

I don't think the price is low at all. It only seems low because people compare the current price to the all time high of $1.3k, but that high was solely the result of ICO buyers who didn't care about what price they bought at.

If you wanted to buy $10k worth of an ICO, it makes no difference if you buy Ethereum at $50 or at $1k, because these people don't hold these coins for longer than at most 30-60 minutes. That's what drove Ethereum to that high.

Thanks. It will promise to be a fantastic day for people in general and especially traders because arbitrage opportunities can be exploited even faster now transactions are being accepted instantly.

The main reason for Tether to have issued tokens on other networks is to provide traders faster settlement. Ethereum generally takes 2-3 minutes while Bitcoin could take up to or over an hour, but with LN it only takes a few seconds.

Quite a few actually. I rather donate to a charity in fiat than to use BitPay and allow them to profit off of the payments. For merchants it's purely the convenience aspect that they use BitPay, but for people here it goes much further.

I can't stand BitPay and their toxic business ethics. Too bad they let the bias of their shareholders (Roger Ver and Bitmain mainly) against Bitcoin suffer their business. They deserve to sink lower and lower.

He doesn't want recognition. His recognition is that Bitcoin managed to grow out to a +$100 billion market cap asset, and if there is enough demand in the future, maybe even a +$1 trillion market cap asset.

I can see why people want to know who Satoshi is, but you won't gain anything from it personally because nothing changes about the fact that Satoshi can't contribute to Bitcoin anymore. Satoshi is a massive Bitcoin whale and that's it.

There is something other magical that can make people not lose money anymore, which is to stop trading entirely. It looks so easy when you put it down like that, but it's something people just can't do.

People think they are different and better than all those who lost money in the past, but they are just as dumb, maybe even more delusional because you can't possibly consider gambling to be a proper way to make money.

It's a good thing when it comes to trading outside the regular books. I however don't know how they will make sure people aren't getting their accounts emptied because that's a new risk people using Binance are exposed to.

The transfers being instant isn't much special because they are just making minor adjustments in their database and that's it. It's something possible to do within any environment that's centralized. People get hyped because it's Binance.

I'm not too worried about Coinbase getting hacked. They don't seem to have been hacked as far as we know and they only keep 2% of their holdings in hot wallets for people to withdraw conveniently.

2% of nearly 1 million is still a lot, but I'm pretty sure that Coinbase has enough security measures in place to block suspicious withdrawals, especially when they are unusually large.... something other exchanges can learn from.

@CarltonBanks

IIRC, Bitfinex once said that they plan to issue USDT on LN. My question is, how realistic is that? Can tokens be issued on LN and operate similar to how they do on Ethereum?

It's not the that it is centralized (centralization is actually a good thing for Ripple in this case) that financial institutions don't use it, but the fact that it is a volatile security token and the fact that they don't need it.

Financial institutions will come up with their own database of payments or will just keep using swift because they do not mind it being slow and expensive, which is what we all get charged for big time. It's their profit model.

Privacy coins do not offer much of an advantage. It's very difficult to find someone that's accepting them. I really expected privacy coins to take over like a year ago, but I couldn't be more wrong.

I underestimated how important brand awareness and acceptance is, and there is only one coin popping up as the absolute nr 1, and that's Bitcoin despite the fact that it doesn't offer any actual privacy features.

Governments probably see that as a good development because the transparent nature of Bitcoin makes it easier to trace criminals, especially when they feel they can't be traded and start to act recklessly.

I'm pretty sure the crypto space can without Bitcoin, but it will probably take years to recover. Altcoins have proven to be impossible to exterminate, even when they don't seem to have much value or public interest anymore.

As always, there will be an incentive to get into the next Bitcoin before the rest does so, which means that a few coins will pump hard because of all the smart money capital entering their markets. Makes the most sense to me.

I think that even if we do have a more transparent voting system, the corrupt politicians and the high net worth elite will find a way to game even that system. In a world where money rules, money opens doors everywhere.

The normal person can also be bribed to vote for a certain party or president. They already believe that voting is pointless so why not sell that pointless vote and enjoy whatever the amount is that they got paid for it? They will do it.

That doesn't necessarily mean they can pay out withdrawals because only a tiny percentage of these coins are sitting in hot wallets, which means that whenever people try to withdraw coins together, they will say no.

It's similar to the money you have in your bank account. You will not be able to withdraw everything (unless you have a low balance) because there isn't enough paper money in the reserve of an ATM, and you are subject to a daily limit.