Great step forward for those who value privacy. These coins shouldn't be listed on centralized bucketshop exchanges that don't value your privacy.

Technically speaking, the value of these coins doesn't really matter when it comes to their utility. Those who need their privacy go in and out pretty quickly. Not many (ignoring speculators) end up holding these coins for prolonged periods of time. I would say more global delistings of these coins, please.

I do wonder though, how can you be sure as government that coins are related to a mixer?

But even if governments at one point in the future can 'taintmark' your mixed coins, what if mixers will end up offering a service where you deposit Bitcoin on-chain, but are paid out in Bitcoin on the Lightning Network? How will they taint the satoshis moving off-chain? It's practically impossible. Governments won't be able to figure out what Lightning node related to the mixer paid you out with a widely enough deployed network.

You only get to figure out coin movements when people cash out to the main chain, which there is little incentive for with more and more places to spend your coins at. It takes less than a minute to install a third party Lightning wallet and to accept payments. Perfect to conduct a transaction and then be done with it.

Altcoins have done well before Bitcoin finally woke up and started to pump like mad.

People keep talking about where altcoin season is, but we may have seen it take place this year already. It just wasn't the big boom explosion people hoped it would be and for that reason didn't consider it an altcoin season. I even remember myself months ago stating that we might be in an altcoin season already with how they had some pretty significant increases across the board.

Relatively speaking, altcoins are still doing well against the us dollar. It's just their Bitcoin comparison that has tanked hard.

I found out about how much of a liar Kevin O'Leary is. He keeps saying that he doesn't know why anyone would put 'real' money into Bitcoin, and what the value is of Bitcoin, while in 2013 (with Bitcoin far below the $1000 level) he was already aware of it and considered putting a portion of his net worth in it. He even explained the benefits of Bitcoin as distributed ledger, lol.

Video can be seen here with some extra info; https://www.youtube.com/watch?v=RkeBVoAhRLA

Him currently trying to brush off Bitcoin as a fraud is a very clear sign that he's trying to accumulate more. What a tool.

The price hasn't gone below $3000 on any of the more reputable exchanges. You either made a typo or looked at an illiquid exchange chart.

I don't believe that Bitcoin will replace national currencies. It might become a supplement to Gold, but then in digital form. Governments holding large bags of something incentivizes them to support that something so that their bags don't suffer too much. They have an excellent form of money they print out of thin air that they can use for that specific purpose.

The ECB this year in a tweet said;

Governments could issue their USDT like token on Bitcoin and use that as money, but you still have to deal with a very slow and non scalable underlying network.

I don't think it matters much what the update of their investigation is since they are motivated to brush it off as fake, old or not relevant.

The lesson that this event should have taught people is that these unregulated exchanges and their third party KYC desks can't be trusted with your information. People were already talking about the risks of this to eventually happen, and now we see that it happened for real. Who knows what weirdos on the dark net are doing with these ID's as we speak. 

People on social media have already confirmed the legitimacy of the leaked ID's and whatnot. Binance messed up big time.

I honestly can't see the price dip below the $5000 level from where we are today, not even in the most *realistic* bearish scenario.

The longer the price spends time above the $10,000 level, the more time important moving averages have to climb up and thus lift the potential bottom price would a bearish scenario play out. It's just a matter of following the charts. It's not rocket science.

If we do end up going to the lower $4000 area, there is no reason why we won't retest the $3150 bottom and potentially to sink deeper. It would indicate a very important change in the market structure. This is very unlikely and probably only a viable forecast when factoring in potential black swan events.

Currently every minor boost in user adoption can lead to a significant increase in price, especially when it comes to adoption of higher tier investors and institutions. I would qualify this tier of adoption as the elite tier, while the more average retailers are very unstable and don't bring much to the table unless they enter the market by the millions.

What we are seeing with Bitcoin this year is that the adoption it's enjoying very likely comes from that elite tier. Altcoins aren't feeling the love yet, which indicates that the lower tier retailers are not suckered in yet.

I don't blame people for being interested in the speculative side of Bitcoin. It's admittedly very interesting and for some even a very lucrative market to participate in. Most people start out as a get rich quick noobie because they have been drawn to Bitcoin because of the mad increases they read about or saw on TV being covered by the mainstream media.

Bull markets are the times where most of the user onboarding happens. Bear markets then cleanse this space to make sure those with genuine interest will stick to Bitcoin, where most of the rest panic sells to never look back. In other words, this market is pretty good at self regulation.

The moment agencies figure out that there is a new mixer in town, they are trying their best to get it to shut down. In other words, agencies of all sorts have been after ChipMixer and other mixers for a long time now. The weakest ones have been taken out unfortunately, where the strongest ones will gain more dominance and thus have more financial resources to not fall victim to governmental raids.

The long term problem I see is that with more advanced tools to their disposal, agencies will be getting better at what they do. They are catching up real fast, while most people here believe governments are still ignorant and don't understand Bitcoin. They just play stupid. They know what's going on.

Fomo isn't just related to newbies. It might be more common amongst noobs, but that's about it.

I know enough well experienced traders that do fall for it, and I have been into fomo stages as well, and I can't say beforehand that it won't ever happen again. I'm fairly sure that the odds of it to happen again are higher than the odds of it to not happen.

Market psychology is something people severely underestimate. If you for example had a bad day before your tranding session, you are more likely to make an irrational decision, and so there are many more underlying causes that may lead to irrational decisions. Don't ever assume that you have made it and understand the market. You learn every single day, and I'm happy to read that you're open to it.

It has been coming for years now according to people. It's impossible to know beforehand how long it will take before the house of cards collapses. It could easily take another 5-10 years with all the stimulations going on. The thing that we do know is that the longer they buy time with low interest rates and easing, the harder the world economy will be hit when the crisis finally commences.

It's going to be an interesting stress test for Bitcoin because we can't confidently assert that Bitcoin will benefit when everything goes down at the same time. Gold might not provide any help either. It may sound weird and a bit contradicting, but I do believe that the us dollar will be one of the more in-demand assets because of our bills, daily spending, taxes, debts, etc.

We're at a stage already where companies being very large do demand certain perks from the side of the governments and threaten to leave if their demands aren't met. Governments will in most cases give their okay because they don't really have a choice.

Only when you form a threat to their system they might actually try to combat your business model. We haven't really had a clear example of such a company in the last couple of decades, but we do have it now with Facebook. In that regard, it's going to be interesting how far Facebook comes with its Libra. It's everything but certain that it will ever see the light.

You can't consider the market that makes or break the price to be decentralized when price discovery happens on centralized spot exchanges.

Volatility is just a side effect of very poor liquidity. If there was no volatility people wouldn't have the massive up swings they so much like. Bitcoin has done the same thing for over a decade without much improvement in terms of noticeably lower volatility. With that in mind, how likely do you think it is that Bitcoin will show similar market behavior in the next 5-10 years? I think it's very likely.

It's only good if the price actually gets there, otherwise people just end up being disappointed (which they then have only themselves to blame for).

The thing here is that you shouldn't follow perma bulls sitting on a large stack hoping it will pump to the moon. Just do your own research and figure out yourself why Bitcoin will go to that price or not. I like Tim Draper, and he has had some right calls, but these calls were just lucky shots. Luck runs out and chances are that he is wrong with his current prediction.

I'm perfectly fine with Bitcoin slowly marching towards that $100,000 mark. Let it take 4 or 5 years, so what? $50,000 is all you need to have a $1 trillion market cap.

Once you have KYC verified yourself, you should assume that your information is stored on X Y Z servers for ever. I would never take the word of a company (regardless of how established they are) serious when they tell me that they have deleted most of the sensitive information they have about me.

Even if they did truly delete your data, who says they haven't been hacked? Or that an employee copied their database and use it to extort them at a later stage through a proxy? I rather be paranoid than too comfortable in times where crazy things are happening with people's information. Crypto as a whole is too immature and unprofessional to take serious.

It's straight bs. After a peak or bottom is in, people on social media usually pop up by the many stating that they sold the perfect top and bought the perfect bottom. He probably must have seen one of these clowns brag about his imaginary gains obtained through borrowing Bitcoin. There is no shortage of clowns in this space.

Aside from all aforementioned reasons, it's also pretty pointless to attack BCash with how Bitmain & Co will temporarily take off a part of their hashpower that's pointed to BTC, and point it to BCash to protect their chain. Bitmain & Co have already shown that they are ready to take off hashpower from BTC and they won't hesitate to do it again.

There is not enough incentive for you as an attacker to keep attacking that chain, while you face miners with billions worth of incentive to keep protecting it.

I like the fact that the majority of the Bitcoin miners are focused on conducting fair business. They don't have to resort to frauds and illegal acts to make money. They are on the side of the goose that lays the Golden eggs already.

I'm not aware of the legislation in your country regarding the sales of physical Gold, but in my case Gold up to an amount of €10,000 is just as easily purchased as new headphones for example. Above €10,000 sellers by law ar obliged to ask you for your ID.

The only bit of research you have to do is what online seller offers the closest to spot price because when you buy Gold in smaller quantities, there is quite a large premium to pay in relation to the actual spot price. Alternative option to purchase small amounts without the premiums are CFD's, but just like I always recommend people to own their private keys, I recommend people to own physical Gold themselves.

I'm not sure what the cost is of a lawyer to look into your case, but if it's like $100-$200 to review your declaration to see if you made a mistake you can roll back, then go for it. $8000 is a pretty steep amount and definitely worth digging into.

If that doesn't yield any progress and you have to pay $8000 no matter what, best option is to contact the state body to see if it's possible to make monthly payments. If you explain them your financial situation they should be open to it. Taking out a loan isn't the best course of action. That will only make things worse.