Brand awareness is extremely important, and exactly why scammers such as Roger Ver don't support any other coin because no one cares about the rest.

Next step is to have the Lightning thunder symbol become widely known because that's the killer application, and soon to be supported by most reputable clients by default. Once that is in place, exchanges will follow too because they just act based on demand, which is understandable from their position. We're on the right track from where things will only get better.

Bitcoin silencing nocoiners is one of the best forms of marketing there is. 

It was a well timed troll action. These guys are no Deutsche Bank employees.

https://twitter.com/bespokentailor/status/1148228722685882369
https://twitter.com/Travis_Kling/status/1148366660266536960

I believed it too initially, but then came across some Tweets and found out it's a stunt.

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It's mind boggling how people still leave their money in that bank after so many problems. It has been signalling for years now that it's on the way down to with a high probability implode, but that's not enough for average joes to ditch it and look for a safer place for their wealth. It seems that people will wake up when it's too late, yet again.

That's a good point. People thinking ignorant politicians are a problem, but those who understand how powerful Bitcoin actually is might become a problem too.

Bitcoin has been relatively small, and still is today, but the moment it's going past a trillion dollar in market cap it will be taken more serious than ever before. It wouldn't even surprise me if central banks will allocate a fraction of their resources to Bitcoin because there is no way around it anymore, and it allows them to keep the value within their country, which is a problem with Gold because it's being stored all over the world.

We have had a +30% correction already, plus we have had plenty of smaller 5-10% pullbacks in the last couple of weeks.

People shouldn't underestimate the demand for Bitcoin. Buyers have even held strong after the correction and the decline in volume, and currently we're about to break some local highs. If we go past ~$12,500 I'm sure we'll retest the yearly high of just under the $14,000 level. If we break that, fasten your seat belts and enjoy the market action. $20,000 is the next target from there.

It's so funny how altcoiners complain about Bitcoin ruining their altcoin gains and whatnot. They have had enough time to relocate their positions but didn't because they have been waiting for an altcoin season that was about to happen.....

Miners never sell their coins immediately, especially because of how that would harm their own operation. Miners are hoarders, just check their mining addresses. If they are selling their coins, there is a queue of institutions and other players looking to buy up these virgin coins through private deals.

With more Bitcoin backed products and more institutional demand, there will be a massive shortage of spot supply. CME CEO even said that there aren't enough coins in circulation to please future buyers. They fill up that gap by offering cash settled products so that the lack of supply isn't going to affect their institutional traders.

He is missing out badly just because of his bias against Bitcoin. I think that's pretty stupid.

The thing here is that wealthy entities such as Shiff SHOULD hedge the rest of their portfolio by allocating 1-2% of it to Bitcoin. It allows you to tap into Bitcoin's massive upwards potential, but only risk a fraction of your portfolio would it go to zero, which isn't going to happen.

Someone being wealthy and "not needing" Bitcoin to boost their wealth further makes no sense. It's a solid hedge to preserve their wealth, which is what people like Schiff use Gold for, but it hasn't done much at all to reflect the confidence in this metal.

You can do so through peer to peer transactions, which is what Bitcoin is for. Not one entity can stop your transactions if they don't like you or the recipient.

Governments can only exercise control over the centralized ecosystem, which is what we have seen them do for over a year now in quite an aggressive manner.

The more adapted governments are to what Bitcoin is and how it works, the more aggressive their regulations become. Japan is the perfect example of that. It was praised as the safe haven country for Bitcoin initially, but after a while it became clear that Japan definitely isn't a safen haven country for Bitcoin. They definitely shot themselves in the foot there.

Third option is to block IP's of all involved countries and let them just use a VPN to access the site. I'm pretty certain that this is the most viable course of action for Bitmex would they actually be hit with these overly aggressive new policies.

We first have to figure out what the details are. Bitmex only works with Bitcoin. People send in Bitcoin and take Bitcoin out (assuming they don't lose it all). Fiat doesn't play a role here. Bitmex might have been a target if you could deposit and withdraw verious crypto currencies, but that's not the case.

It depends on what form of exposure you're interested in. If it concerns spot, I'm not sure if that's actually possible today, but you can buy GBTC shares and have them included in your 401k portfolio. The downside here is that you tend to pay a significant premium. The premium can be anywhere from 50% to well over 100%.

If I was in your position I would just keep accumulating spot Bitcoin and wait for an ETF to be approved and have that be included in your portfolio in the future.

An ETF will be extremely bullish, especially when pretty much anyone can buy shares from behind their computer at home.

Is it really a pain in the ass? I know enough people who live there but don't give a shit about this silly tax law where every coffee payment will have to be registered. It's just not viable. I doubt regulators even care much because every minute they put into chasing after people not paying small bits and pieces is an utter waste of time and resources.

If you register every micro payment just because it's a taxable event you're handing them over free money. First they collect your taxes, then collect the taxes of the payment processor handling your payment. That's the most retarded thing I have seen.

Yup. If someone is talking shit, they usually don't follow it up by an investment or trade.

As far as I know, there are only a few people actively guessing price movements who do put their money where their mouth is. These people purposely show their positions and holdings because they know how many shit talkers there are. Fools like Tom Lee don't show their positions and holdings because there isn't anything to show.

It's so easy to pop up as a nobody and then pretend to be a chart analyst or whatever by kicking in open doors. Welcome in the world of crypto.

Firstly, saying that Bitcoin can't reach a certain high number is wrong. We have a decade showing that nothing is impossible in Bitcoin land. People placing long term bets against Bitcoin will pay the price for it, very much so. Those not investing in it because they think we've seen the best of Bitcoin already will lose out big time.

Secondly, who are you to decide whether we need a $1 million Bitcoin price or not? Higher price means more liquidity, more financial freedom to those owning it, more job creation due to more investment possibilities, more secure network, etc. I see only benefits in having a higher price. Weird that you don't.

Doesn't Coinbase put purchases through credit cards on hold for two days? I remember reading somewhere that they did it to protect themselves against payments with stolen credit cards.

What I usually do to not get caught up in a situation where I want to benefit from a price drop but have to transfer fiat to my exchange account, is prefund my exchange account and just have it sit there. I'm not too concerned with the fiat sitting in my exchange account without being used, but do understand if others aren't comfortable doing.

It's probably a move behind the scenes to verify if your personal information is still accurate.

Did you do anything to trigger their overly sensitive security system? I have seen a lot people complain in the last 12 months that their account has been limited, which turned out to be the result of a change in trading behavior. I'm not sure why they are so paranoid about a change in trading behavior, but apparently it's something they don't take too lightly.

I'm pretty sure they will exist. We're already at a stage where institutions are setting up trading desks for their clients, these will not go away because the entities using these desks do so because it offers them a regulated and insured environment. They are not interested in a decentralized exchange. It's far out of their interest field.

I'm also pretty sure that centralized retail exchanges will continue to exist. They will always find a way to attract users. People have proven to be easy to convince to sign up by offering them a bonus, free tokens, etc. People already submit a copy of their ID and whatnot to centralized exchanges just to claim $20 worth of shitcoins. If you push it as exchange, they might even do it for $5 or $10 worth of free shitcoins.

Never underestimate the greed within noobs chasing after "free" money.

Instead of making people as paranoid as they already are visit an unkown site, you can at least explain what your 'one-day trading system' is here.

Not really surprising. People act tough and say Peter is a hater, but at the same time are so desperate to prove a point to a person who clearly isn't going to concede.

People donating any amount of Bitcoin to Peter don't have enough respect for Bitcoin, and don't have a clue about how precious it actually is. One should not give a multi millionaire skeptic a single satoshi, period. Go buy something through Lightning and contribute to the ecosystem, not waste your money on him.

People having donated to him have failed the test. You suck. That also applies to Pomp.

I understand how you feel after losing funds, but the client itself is safe enough to use. I am using it almost on a daily basis in combination with a serious $$ amount, and never faced a single problem. If I for a single moment thought Electrum was not safe to use, I would immediately stop using it.

Did you by accident click on a notification that popped up? Perhaps you clicked it without even realizing. Perhaps it's your system that contains a virus or whatever.

Gold bugs are deluded mostly. They keep talking shit about central banks and whatnot, but the same entities that they want to see bust are buying Gold like there is no tomorrow.  

I watched a recent video where a Gold bug was talking about how it would be a good time to cash out some profits now the Gold price has seen a meteoric rise in the last weeks. I couldn't do anything but laugh the whole time. Their meteoric rise of 10% is a fart for Bitcoin. Imagine what would happen if Gold would go up 25% more, these guys will probably dump their entire metal stash.  

Not all, but most of them are categories. OP didn't claim they were crypto currencies.

Just like there are different categories/industries you can choose to invest in when it comes to stocks (e.g. banking, automobile, telecom, pharmaceuticals, etc), you have that within the crypto market too (e.g. privacy coins, stable coins, Dapp platforms, Exchange tokens, etc).

Of course, there are coins that can rock multiple of these characteristics, but from an investor's perspective coins/projects are different categories/industries.

Coming back to OP's main question, I'm highly interested in seeing what will be built on top of Lightning. Tether plans to issue USDT on Lightning so it will be interesting to see how that will work out.