That's why people should be happy with how the market isn't continuing its rush right now. It really seems that people got upset or even disappointed now it's no longer going up, which is quite a shocker considering that most of these noobs were of believe that Bitcoin would be hovering below the $1000 level by now.

It must suck being a noob. Price down they are upset, but when the price is going up they're upset too. 

Yep. The only fireworks we got yesterday was a $1000 dump, which we currently are recovering from. If you shorted this crap you would have made a pretty penny.

When news outlets say that we're due for FOMO, know that they will be wrong more often wrong than right. CNBC has proven to be a reliable counter indicator 9 out of 10 times. Recently CNBC has been pretty quiet which might indicate that there is room for more upwards momentum.

The thing with news outlets predicting certain movements is that a new day means a new prediction. They don't care about how many times they were wrong in the past.

Why would he? All this negative publicity makes him even more of a cult leader amongst mentally challenged individuals, and there are quite a few of them.

He's clearly playing a long term game here. He doesn't mind going back and forth for plenty of more years without providing evidence (which he obviously doesn't have). The longer he can do the same thing, the more popularity he will gain because people will continue talking about him, news outlets will continue to report about him, etc.

Also don't forget that CoinGeek's propaganda machine is running too, so there is no shortage of publicity. Mr F. Toshi is clearly not going to stop.

That's what I read pretty much everywhere, yet people secretly love to figure out what this con artist is doing. If people gave no shit then it wouldn't be as widely discussed as it is right now.

I just want to see the law that he praises so much will shut him up. Perhaps that would be the trigger for him to finally turn anti governments. The most logical step for him is to sue governments and whatnot.

Obviously, we're all guessing; some do so blindly and some do so in an educated manner.

The thing with predictions is that people rub it in your face the moment they are right, but no longer talk about it when they are wrong. By doing so it might seem like certain individuals know what they are talking about, but that's merely because they only show up when they are right.

I have even seen TA people on social media delete posts/articles/videos where they were wrong to keep their ratio of being correct as high as possible. It's one big shitshow.

It would be convenient for the user, but not so much of a viable option for exchanges that are looking to operate a cost efficient suppert desk.

I know from experience that most of the users who seek support through live chat are doing that for the most silly (non support related) reasons, which is something you can't protect yourself against. Another thing is that when for whatever reason the live session ends, you will need a ton of luck to connect back to the same person you were chatting with.

More manpower behind email support would be appreciated. If they can operate so that you get a reply within a few hours, that would be ideal.

The main thing is that people expect too much from exchanges that are clearly profit oriented. They will never be perfect, not even remotely close.

It was a perfect event to signal how centralized the internet actual is, and I'm pretty sure startups will pop up trying to take advantage of this to market themselves.

It's very annoying for people using affected sites, but if CF didn't fuck up this badly, we might not have seen startups take advantage of what happened. Don't forget that in order to solve a problem, there has to be a problem, and we have witnessed how severe the problem actually is.

That being said, I saw so many noobs complaining about CMC being down that it was almost embarrasing to read through some of the posts on social media. How can CF do that to these noobs.... How are they supposed to check if shitcoin nr 145 has lost or gained a few ranks if CMC isn't working.

BCash and BSV miners shifting, sure, but not Ethereum and Litecoin due to the difference in algorithm and hardware needed.

BSV has actually made a massive jump in the last 5 or so weeks. It went from 0.4Eh/s to 0.9-1.1Eh/s. BCash is the one lagging behind, but I'm pretty sure that Roger and Bitmain will organize a pump to bring the ratio back to 5%, which seems to be the ratio they are comfortable with. It takes time for them to accumulate enough BTC through mining to have enough to pump their shitcoin by 20-30%.

It's impossible to convince people that trading isn't for them, especially if they were so lucky to have guessed a few price movements correctly.

In all cases losing money is the best guide. People need to feel it in their wallet that they suck at trading. Some need a lesson or two to get that far, but most people will refrain from trading afterwards. The temptation of short term gains is so strong that people just can resist the temptation of opening a trade position.

In the end, people are responsible for their own actions. They are free to do as they please, even when it might not be the best option for them.

Tether is the best option to use for traders/investors because it allows them to transfer fiat from exchange to exchange in a matter of minutes. It doesn't really surprise me that Tether is so popular. Combine large scale adoption plus the fast transfers from exchange to exchange when depositing and withdrawing the ERC20 version, and there you have the most popular stablecoin.

Tether is a great reflection of how much fiat there is circulating. Before the price took a massive dive from $6000 to $3000 last year Tether removed around 850 million USDT from circulation, which should have been a red flag. I saw it but unfortunately ignored it. I'm not making that same mistake again. It's a very important metric to pay attention to.

Correct. It's pure bs when people talk about how regulations will make sure the market of Bitcoin will get stable.

If you want to see how much effect regulations have on a market, follow tech stocks; some of the biggest companies in the world lose/gain 20-30% of their value in a matter of a week or a month. Bitcoin isn't different, it's just the rate at which these fluctuations happen that gets people upset, but that for a market lacking liquidity is completely normal.

An example of recent EXTREME upwards volatility is MoneyGram. In one single day the stock price shot up from $1.45 to $3.88! It has a very small market cap, but this just mirrors what happens with altcoins here. The point is that there isn't really a difference between unregulated markets and regulated markets in terms of volatility. Liquidity is what you need.

The shake-off was from close to $14,000 to just under $10,000. Right now we're just seeing some genuine market activity. There is some resistance around the $12,000 level as we speak and there is more above it. The most important level in my opinion is the ~$14,000 to break through. It's something I would confidently long on Bitmex.

I really like the volumes that we are seeing. What a difference from say a month or two ago. I expect the volumes to increase even further the closer we are to the block halving.

That applies to all markets. Without whales and market makers there is no market.

Nothing is impossible until it's done.

I get why people think it's unrealistic, but we have seen Bitcoin do crazy things before. Currently with everything going on the setup for a $100,000 peak bull run is perfect. It's 'only' a 9x increase from where we are today. I wouldn't dare to bet against Bitcoin at all when it comes to reaching $100,000 before the end of 2021.

In the end, reaching certain price levels has never been an issue for Bitcoin; the problem, at least in the short to mid term is maintaining them. The correction that will follow will be a total massacre. Seeing $50,000-$80,000 in value vanish isn't unreasonable with how this is in range with a firm correction Bitcoin always tends to go through.

To further add  

Before claiming any fork coin, make sure you move your Bitcoins to a freshly generated private key, then wait for a few confirmations so that you know your funds are safe and sound. Most clients of altcoins such as BCash and BSV are not even remotely close to safe compared to the main Bitcoin clients. Better safe than sorry.

Investing in a scam coin such as BCash is smart? If you're out to book gains, go for an even lower cap altcoin, because by your logic it will pump even harder.

People are very hard to please. If a DEX doesn't have a ton of volume right off the bat, people will not bother looking at it a second time.

Binance is trying to work at the market making aspect to offer people volume and liquidity, which they do a reasonable job at, but it's not a DEX. It's still Binance in full control over the development and whatnot. If they choose to stop being a market maker, the volumes will collapse and their "DEX" will be left empty.

Volume, liquidity, tight spreads, that's where all DEX's struggle with. It takes years to grow organically, but who's going to wait years?

Nothing is set in stone, but I just express how I feel about Bitcoin. It's up to the people themselves to do their research and set their targets at whatever price levels they consider reachable. I'm not as conservative as others are, and there is no reason for me to be. I have seen enough from Bitcoin to be comfortable enough saying that $20,000 will happen for sure.

Altcoins have no fundamentals the way Bitcoin has. Years ago I might have agreed with you on $20,000 is possible but $20 too, but not anymore. I'm balls deep in it. I'm extremely confident.

Not saying your view is wrong or something, because being conservative and not too overly bullish does help you remain a bit more neutral overall, but I'm too far gone for that.

I'm pretty sure this only concerns legacy brokers offering cash settled contracts, but even if it will end up covering Bitcoin settled contracts, people don't care anyway. As long as Bitmex doesn't require you to walk yourself through a KYC/AML procedure, people will use VPN's to access that platform.

It's funny though, some of these legacy brokers offer 400x leverage products where people can lose all their money in a fraction of a second, yet these products will remain unharmed. Makes sense. 

It offers quite an interesting insight in how governments react to something they consider an actual threat to the financial system. It hasn't happened before where their own fiat currencies were challenged by a non government entity, where even Bitcoin hasn't triggered them one bit because it has no mass appeal as currency yet.

Bitcoin so far has had an easy ride just because of that. I seriously believe that the US government might halt Libra or make it so that it isn't allowed to be used within the US. It's showtime.

Most bears (those who don't have a dislike towards Bitcoin) are just people being more neutral than you and me. If the trend changes they will shift from bearish to bullish. In the last couple of weeks there have been a lot of bears that turned bulls. These people aren't bears for ever, it's just the confirmation they are after to be confident enough that the bottom is in.

No doub't that we'll make newer highs in the coming months, but I think whenever we do try to break the ~$14,000 level we will yet again fail, but with a less powerful rejection afterwards. The moment we do break that level you better make sure to be long, else you're a wacko.

There is nothing really wrong with the free ones if they are reputable. I use the free version of Avira for over a decade now, and have never faced an issue. I don't download anything, don't click on links, don't visit vague sites, etc. I think the latter is more important than having a paid Antivirus running.

As an additional layer of detection I use the free version of HitmanPro to periodically scan my system to be 'sure' my system is clean. It doesn't remove threats and whatnot, but detecting them is enough to know that I shouldn't work with Bitcoin on that specific system. I will then secure erase my SSD and reinstall my OS.