Still it is a celebration date for the Bitcoin holders and enthusiasts. We all know that the whitepaper is the core foundation document of every crypto project. It describes the features, economic model and most important the mission of the cryptocurrency so Happy Whiteday Bitcoin and thank you Satoshi for getting this whitepaper beautifully done!

Of course that's not the goal of the blockchain technology.  Wherever there is money to be made you will see scammers no matter what industry.  People should noy participate in crypto projects unless they fully understand the phenomenon and they conduct a thorough research of the project business model, team, token, etc. That is hard work that most people are not willing to do. Instead they prefer to lose their money by investing blindly at other people advice or who knows from what sources.

I think the era of surveillance is now when we mostly use bank transfers and credit cards for most of our expenses. Of course that the blockchain technology will add a layer of transparency on public funds because I suppose they will be forced to use public bitcoin addresses where everybody can check the transactions. However as my comrades said in the thread Bitcoin is pretty private if you don't divulge your addresses and maybe use obfuscation methods. The developers working on Bitcoin are working to implement more complex privacy features like schnorr signatures and other pretty cool stuff.

I think the best way to search for news in each country is to research/find the biggest crypto media outlets of each country. Then have those bookmarked in your browser or have a developer create an RSS feed to centralize all the info.

In my country you can't really buy thing with crypto yet. But you can definitely buy electronics, clothes and all kind of products using payment processors that automatically convert btc to fiat so the business is not exposed to price volatility risk.

Most people that get into trading view it as a get rich quick scheme so they have poor risk management and go in with minimal technical analysis. Some of them go through the boom & bust cycles until they realise it was a big waste of time and money and they give up. It requires a certain mental framework to be successful in trading which not many people can attain. It is possible to achieve consistency in trading no doubt about that, but a lot of resources must be invested ( time & money).

More bitcoin funds = more exposure for Bitcoin = more money entering the market = happier bitcoin holders

I like the fact that they have chosen Winklevoss' Gemini company as custody provider and it's good that they don't have to go through the heavy bureaucracy of the SEC. That's why people should move up there to Canada haha I think US are really to tight regarding their rules and they should be considering the fact they are in a huge debt.

They want control over the cryptocurrency of course, but it's a burden just to make all those endeavours to create Libra and fight with the US Congress and regulators.. If you are after the greater good of the society why don't you just support the Bitcoin adoption? Maybe they don't have the same opinion regarding fiat money, that it is garbage inflationary currency centralized and controlled by governments, plus it has no instrinsic value besides the debt and support of the govt. We need to find ways to bring BTC to the people and personally once I find some free time I will definitely do that.

I have written to you in your other trading related question as well. There is no easy and especially short way into trading. If you are in a hurry than you'll lose a great amount of capital and IMO it is 99.9% that you're gonna do so. Learning to trade takes time and patience, there is no train to success and wealth.. if it were then everybody would be trading and making millions of dollars and living in paradise islands, but they're NOT! There are 3 core fundamental elements in trading: technical analysis, risk management & controlling your emotions. All of them are equally important, but I always put more emphasis on risk management because that's what's going to protect your account long term.

There is no need at all for inflation. That's what makes Bitcoin valuable and a viable store of value asset - because it is a deflationary currency. It has a limited supply that needs to be distributed around the world. Don't tell me that Bitcoin is not accessible to people. That is exactly why Satoshi put the decimals in the equation, so one does not need to buy an entire Bitcoin and we have denominations like mBTC, uBTC and Satoshis. Why would you need inflation for?

If miners don't get enough block rewards they won't sell BTC at lower prices or stop mining thus the hash rate drop and results in more block rewards per miner who keeps mining/verifying blocks. Less miners make the network more vulnerable, but at that point I'm sure the adoption will be so much higher for BTC. The big holders and believers are working on that. We're already seeing increased adoption of Bitcoin and I'm sure we'll see major changes especially in crypto friendly countries in the next years.

Having rules to limit yourself in the markets is a must have by any trader who wants to be successful long term. Otherwise you're just a gambler or if you just buy and hold you're an investor. In an environment with endless opportunities to enrich yourself you can't go by ear, you need to have a system that says to you when the market is going against you and take the risk off before you make more damage to your account. Same with profits..
Moreover if you have rigid rules the emotions are unlikely to get a hold of you to the level where you can't make an informed decision.

Yeah, your friend made some major mistakes, but they are hard learned lessons that are much better learnt on your skin then from someone else's experience. A few thousands dollars is not a fortune, but it is a decent amount but he must understand that being upset for his losses won't make the situation better, but much worse. So tell him to write the mistakes down and what I suggest in the future is for him to use cross leverage and a fixed stop loss in case anything bad happens.

@franky1 Sounds that you're more a value investor like Warren Buffet than a trader. I really have respect for the people who take their time to make a thorough due diligence on a company, commodity or any kind of asset that is publicly traded. Do you have a formula or algorithm that you use to calculate the cost of bitcoin mining? If yes, would you mind sharing it with us.. or.. with just with me?

Gotta love when you get a streak of winning bets. Barcelona crushed Valladolid yesterday night with a whopping 5-1. Messi worked for his money by scoring 2 goals and giving 2 assists - what an exceptional player. Unfortunately we're still yet to see a player that's even close to his playing style. I don't know why but as time passes we no longer see the kind of players who can dribble a whole line of defense and change paces like the wind. This modern play style with positional construction and no game disrupting players is kind of boring. I miss the old times..

First of all you should document yourself about trading. There are various free resources on the internet, but first of all you need to decide if this is something you would want to do in your life. I'll tell you this - it is very time consuming to even learn technical analysis and practice your skills on demo accounts and reading charts. Babypips is a good place to start in my opinion. If you want to be a daytrader take into account that you'll have to stay most of your day in front of the screens. Is that how you want to spend your time? - Plus, you can spend that time and still lose money - because that's the nature of trading & over 95% of traders lose their whole accounts in the first year.

As you can see there are many factors to take into account before getting yourself into an endeavour like trading.

Again Bitcoin is NOT the saviour of the poor people. There will always be an imbalance in the world regarding the wealth concentration. There will always be lazy people and hard-working people. And there will always be thieves. We as humans can't be the same because everyone of us is unique with its own abilities and defects.

Thus it's normal that BTC to be concentrated in the hands of who believed the most in it or who hoarded it. I'm not against it, BUT we need to have a decentralized network. That's what Bitcoin and cryptocurrencies are about.

Investments and finance is a game of risk management.  In my opinion it is very important to diversify your portfolio to reduce risk especially when you're managing large amounts. Real estate offers monthly income plus appreciation of the properties. Of course I would get much more if Bitcoin is successful long term, but it is not about how much you make, but about what income you can maintain and eventually grow.

I would invest them in my wallet haha jokes aside I would probably get around a quarter out to invest into a hard real asset like a couple of apartments that will provide me a stable monthly return. I would keep the rest in BTC in my wallet because I'm so bullish on it long term.

Those are simple and at the same time very complex with rules because each one of them has so many intricacies and "challenges" that each trader has to go through. I have noticed that as a trader gets experienced he gets a more nuanced view on every concept that he/she has learnt. As your first rule says: Simplicity will make your trading journey less stressful. There is no need to have a bunch of indicators on your chart. You can literally make a living just by trading support and resistances. If you add too many indicators some of them will sometimes give you false readings and just confuse you, therefore you won't take the trade. Analysis paralysis is a big thing in trading and can end careers so keep calm and keep it simple.

I've got to say that Swapmixer is one of the easiest to use anonymous exchange services out there. I have always been an adept of simplicity and the design and user friendly interface of the website make it so easy even for newbies to mix their crypto holdings. After getting 1 confirmation of my BTC transaction I just clicked refresh and there it was, no delays, no bugs.

A big plus is that your session data is automatically deleted in 25 days or before if you destroy your session manually. They even offer privacy tips on the withdraw tips like how to obfuscate your transactions by making multiple withdrawals at different times of the day and addresses. The BTC-LTC exchange rate was at the market rate so no complaints there. Overall a very convenient and smart service. I recommend it for people who want to make fast and private exchanges between BTC & LTC and soon with other cryptocurrencies as well.

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I try to limit my time in front of the television to as close to zero. Two-three times a week maybe I watch a music show or a movie to chill out and relax, but besides that I'm not a big fan of TV. I consider it a waste of time that could be spent much more effective elsewhere like reading a book or taking a walk, at the gym, etc. What's the point in watching the news while you can scroll the facebook newsfeed in a minute or two and filter out the news that interest you?!