Poor analysis. It looks like you randomly selected a number that can be multiplied to 10 and try to correlate it with the current price. It doesn't work like that, unfortunately. We've been waiting for any signs of crash for months now, and also, there are a lot of players involved right now compared to the situations back in 2013, so nope, not a deja vu to me. With the addition of Wall Street's money to the game, it would only go one way: upwards.

No such thing as a definite time frame for bitcoin's rise to be honest, and the straight pushes are somewhat unexpected since everyone is anticipating the insane rises to happen by December 18 onwards. It seems like the Wall Street are already trading with bitcoin but just being discreet about it. Within the next year is a long enough time frame for the price to develop at such a value but then again this is bitcoin and this is not your traditional market. Predictions and analyses might seem to be sensible but oftentimes bitcoin just don't give a rat's ass about those.

Everyone would tell you to buy immediately but what if you don't have enough money to invest yet? Though the rise of the said crypto had been incredible very recently, it is not a good reason to completely forget about bankroll management and having a good entry point in the market. Waiting for a slight correction is a great opening opportunity all in all, and it wouldn't hurt to buy during a dip too.

Thanks for the 18th week Darkstar! Smooth payment as always.

It's often thrown at some people when they're asking what's the best way to earn money but it's more complicated as it sounds. Day trading involves vast knowledge about TAs, graphs, market depth—literally anything related to stock trading. It requires loads of patience, money and of course attention/time in order to be successful. It's also stressful at times especially if the market moves really fast and you haven't closed your position yet, you'll end up losing money in the long run.

Doubling the price/bitcoin would be insane, but then again this market had been unpredictable this recent year and the jumps are astonishing even without the big names in investment ventures. It's good to be optimistic about a certain thing, but having blind faith is another, and I don't think $20000 is even possible to be achieved in just a short span of time. It would take more than that even with CME's upcoming.involvement in December 2018. $20k is possible but in under a month? I think not.

Aren't these miners prioritizing transactions with higher transaction fees than the rest already? That's why there are tens of thousands of transactions that are unconfirmed every single day because of the system. Even a static fee wouldn't solve the problem since that would still place every transactions in queue and users who need to get their payments on time can find this an annoying problem. Fees are high since you're taking dollar value into account, but 4 years ago, no one was complaining about the 10k sats fee that could get your transaction confirmed within the next block since it doesn't amount to anything significant back then.

I do. I'm thinking that the sudden rise in bitcoin is nothing more than a few billionaires' game and other people just jumped on board to further extend the height of the bubble. Well what do I know, I'm only invested in the last three years and still not an adept when it comes to trading, but by merely just looking at it, you could tell that it is indeed a bubble and graphs will tell you that. The big question is until when would this bubble continue to grow until it is popped?

Theoretically, the value of 1 bitcoin by then is extremely high that transaction fees would be sufficient to cover all the miners' expenses, but that would defeat the vision of "fast and cheap" transactions, so we can see a future change in algorithm that would render PoW in bitcoin obsolete. There are many possibilities, but the main concern would be fast and affordable transactions abige anything else.

That's why it still takes a lot of time for some individuals to study and learn all the basic necessities in handling their money in crypto. You can't just rely all the securing on the software or hardware, you also need to help it be secure yourself. It's like placing your wallet in a busy street expecting that the wallet will protect your cash until someone takes it. Who are you going to blame in your carelessness?

Personally if I'm only investing a small amount, I'd take the risk and try to do trading and see where it leads me. Oftentimes it pays off good, but the risk of losing the money is always high. If I do have a large amount to spend I'd go long since the reward—if you look at historic charts—is high and tremendously good.

In a way, it seems that it is a PoS coin since these forks just nets you positive bitcoin over the months. It's a cool way to look at it, even though forks are somewhat scaring new investors, it still benefits the majority in the long run. What i am thinking about is what if the main chain is taking over by these forks in terms of network capacity? What would happen to the "PoS" bitcoin we're anticipating?

This just goes to show how trust plays a big factor in an entire market. Everyone knows Buffet is a man to be trusted when it comes to investments, so everyone doesn't bat an eye when his own holdings fluctuate wildly in price because they think it's normal on a regulated market. However in the case of bitcoin, not much regulations have been imposed and trading isn't really guarded by the government's watchful eye. Insider trading and market manipulation is always present, even in heavily-regulated assets. Buffet's stocks aren't even an exception on market manipulation.

I think the point of this post is to stress the amount of time it took for bitcoin to reach a certain price milestone rather than to educate about the highs and the lows the cryptocurrency faced. There would be no misunderstanding if the user would be searching for the historical price data of bitcoin in the web, and it would be their fault if they invested blindly on a crypto that has no assurance if it would gain something over the years.

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This just show us how much time it really took the whole market to reach where it's at right now, and to think that the first milestones were so hard to break, the current ones we're sitting at would look bleak compared to the other milestones.

I don't think you fully understand what OP is trying to say. If you call the rise from $600-$10000 natural growth then I don't even know what to say. We clearly are in a bubble, sans the comparison of cash circulation with BTC. Astronomical growth within a short period very well defines a bubble with only a few million people utilizing it. Current number of bitcoins in circulation won't affect the total marketcap in any way since all mined coins are still taken into account even if they're lost forever.

Bitcoin's blockchain being a public ledger does not protect it from being exploited by deep pockets. The analogy is somewhat wrong in this one if we're going to stick to the topic.

I for one believes that the money from Wall Street would become the greatest game changer due to the amount of confidence from the public it can bring. But your points are valid, OP, and bitcoin futures could potentially do more harm than good seeing that it can be exploited especially by the ones who have the platform for it.

Never had any problems with sending transactions using a Core wallet. The only thing I could think of is maybe you got your caps lock on or your keyboard is somehow failing at you that's why even though you "know" you entered the correct phrase, it still spews out an error in the end. That's the first step you need to make sure/isolate since the problem is not within the wallet itself but on the way you type/enter your phrase.

Lol mods here don't do power trip and would not delete posts unless it demands to be deleted, such as spam, referral links, inappropriate messages on a certain topic.. you name it. It could be that some user reported some of your posts due to it being poor quality and no relation to any of the topics you replied to at all.


That explains all the deleted posts.

I still have quite a few ETH left on my account and hopefully I can still recover it. Kept it there since Dec. 2016 and have never opened it anymore since I never really bothered diving deep into ETH. But now that it has significantly amounted to something, I tried to opened my account. Lo and behold, my account has been disabled since I haven't passed their verification process and I cannot withdraw. Tried contacting support but I only got a copy-pasted bullshit after my verification documents "failed" on their system.



Tried doing the verification again and guess what? Still declined. I just want to get my money out of their goddamn site and I'm done doing business with them.

Though I love John's enthusiasm about bitcoin's price growth, I still don't think that it would go astronomically high like what his models tell him. You need to take into account the amount of money that needs to be poured every month just to satisfy the selling orders on the other side of things. This is not as easy as 1-2-3 like what John thinks. Even with the Wall Street getting involved, $1M/bitcoin isn't just going to happen within the next ~2 years.