That cryptocurrency is not anonymous or is pseudonymous as they say, is something that has been known for a very long time now, and has been pointed out by so many people a lot of times. I think these hackers and scammers deserves what they are getting, they deserved to be caught since they have chosen to do what’s wrong because they need money, instead of looking for legit means to earn that money, despite that things might be difficult, but they still have to, because that can’t be an excuse.

And OP, you did make a good point there, maybe the government are scared of cryptocurrency because they know for sure that it’s going to tackle corruption. If the world should start making use of cryptocurrency, that means that it will be easy to trace everything that they are doing, and this way they wouldn’t be able to carry out their corruptions, because the public will always see it. I can’t tell about this for sure, but let’s hope that someday we get to find out why they don’t want to adopt cryptocurrency, because if it’s based on money laundering, that’s not an excuse.

It’s a good news. With this I believe that many people will be convinced that cryptocurrency can be used as a store of value. This is something that has been argued by a lot of people in this forum, on whether cryptocurrency, especially Bitcoin, can be used as a store of value and now this company is taking that move to show that it can be done. I know the reason why a lot of people are afraid to be making use of cryptocurrency as a store of value is because of its volatile nature, they don’t want to store their money there and then lose it, sure that do happen, but these people still misunderstood everything.

If you want to use any asset as a store of value, that means you’re ready to hold it for a long time. Imagine that you were holding Bitcoin around 2010 till now, imagine how much you would have made by now, even after the price has moved to ATH price and dropped back, you will still have profit. So, if you’re planning to have Bitcoin as a store of value you should be ready to go long term with it, and hold it for years. If your plan to make money quick, then you’re probably not looking for a store of value.

I do not feel like putting up with any other exchange that might be lower doesn't really feel like it is worth it to me, binance has low enough trading fee, their withdrawal fee is disgusting when it comes to bitcoin but I could do it with another coin so it is not a big problem, and all in all I would rather pay them more money if I have to instead of using another exchange that would suck and be bad.

So, there is really no reason for getting into another exchange just because they have lower fee than binance, considering binance fee rates specially for trading is very very low, I do not think there are many places that is lower than them, which makes them both awesome but also cheap at the same time. Plus when an exchange has a ton of volume, they can drop the trading fee and still make a lot of money.

It is not really all that shocking and it is not really all that impossible to calculate. If you think about calculating all of it individually you will end up with not making any head way at all, however if you calculate the assumption and just see how much it should have made that would allow you to make a lot more quicker calculation.

At the end of the day there are programs that calculate it automatically anytime one is found, either regular or uncle or nephew they are all calculated and watched like hawks these days so it couldn't be a problem. And if you want to check out, I agree that etherscan is probably the best place you can find for total supply, they are basically checking each and every one of them and you can also follow up address and transactions there as well which works great.

You’re sounding like you’re so desperate to make lots of money, you have got to chill man. The way you’re saying someone should tell you when the price of the coins will go up so that you can invest and cash out with big profit makes it clear that you’re desperate, and in case you don’t know, it doesn’t work that way. Even if there are people who are manipulating the price of cryptocurrencies, trust me, none of them have the time to be in this forum reading your post and pleading them to pump prices, you’d probably be wasting your time.

If you think you have made some profit, then sell the coins and wait for another time, or you can continue to hold those tokens and wait for the right time when the prices will start going up. I saw one analyst that predicted that the price will crash after this bull that has been happening all this while, and I think he’s right, although I don’t want that to happen. I will advise you to look for other things that will help you earn money, it’s not good to be relying on just one thing, it’s not good.

I would say that if you really want to make a profit from the low cap ones, you have to make sure that they are either long standing and still loved by people that hold it and not trying to sell and has a good volume but the price is just low, or it should be a very very new one (probably even at coin offering stage) so that it is low because it is new.

Otherwise there are tons of coins out there who are low cap and sucks, there is no reason to invest into a coin just because it is low cap, that is basically like gambling on a horse because it is slow, would make no sense at all if you ask me. However, if you really insist on investing into a low cap like I said it has to have a high volume and high liquidity, that would show that people are still interested in it.

When there was a huge bull in 2017 and bitcoin went up, it didn't went up as high as some of the other coins, that is the thing about drops and increases in bitcoin and altcoin world.

It was about 3k or so before the huge increase and it peaked at 20k, that means it was around 7 times higher, I remember ethereum being around 40-60 dollars and reaching to 1500 dollars, it was insane, and many many more coins reaching up to x50+ increases those days. After the drop? Well, bitcoin did dropped like 80% or so but usually it was higher around 6k+ levels whereas most of the coins that dropped was around 90%+ lost and some of them are still there, so that means bitcoin increases and decreases a lot less while altcoins increases and decreases a lot more while they do it together.

I always set myself a price to get out from, it is not that much most of the time but it is a cool amount that would get me to actually profit a bit and I could just try to get back in later when the price somehow bottoms once again eventually. It is not a quick method, you do not trade once every month, usually it is few times a year, but at the end of the day I do end up profiting, even if it is not a major profit and if it is very slow it is still a profit and I am fine with that.

I just wait for price to go down and wait for it to go up and that is it, it may not be as profitable as day trading but a guaranteed 50% profit a year is a lot better than risking all my money for potentially having 500% increase, it could end up losing me all my money and I rather not have that at all.

In this kind of situation it’s the developers that we need to be talking to. If it’s possible to connect with them and discuss issues like this, they should be asked to look into it and do whatever is necessary to fix the bug. For some years now I have been seeing a lot of people talking about a bug in the Bitcoin’s code. Let’s just assume that the developers feel it’s not something they should be hurrying to fix since there is eighty years left before the deadline. If they don’t get the bug fixed and Bitcoin happens to die by then, then everything we have been fighting for wouldn’t be making any sense.

Whether they are afraid of that or not, I don’t think it’s wrong to point out something bad that’s going to happen in the future if there are no actions taken to fix them. Imagine that those who discovered the bug decides to keep calm and say nothing about it, those developers in the future wouldn’t know about it and by the time they might get to realize it, it might be late to fix. It’s best that they are aware of it, at least they will be at alert.

Educating people is the only solution we have here, apart from that other things you have mentioned here are my going to work. Let’s assume that it is possible to create a bot that is going to dictate addresses that are owned by scammers (I can’t even imagine that happening, no bot can do that automatically), you will still not be able to capture all the addresses that are owned by the scammers, and moreover anyone can generate addresses as much as they want, using different wallets. So, they can decide to be making use of new addresses every time they are carrying out their evil mission.

So, this is not going to work at all. And moreover, the approach that is being used by these scammers are sometimes dumb asf and easy to dictate. What does a space tech. Company has to do with cryptocurrency, not to talk of doing giveaway? And another thing is that no legit company will tell you to send them $1,000 for them to double it for you, seriously this is not a casino!

People really needs to wise up. So the best thing you can be doing is to be teaching people, and yes you can’t save everyone from getting scammed, it’s just something that is kind of inevitable, people will continue to fall for scam no matter what.If you’re wise enough not to fall for it, then lucky you.

Everyone has their own opinion as to how things should be done in the cryptocurrency community. Everyone is concerned about Security, that’s the major concern of the people, but in different ways; there are people whose major concern is that they don’t want to be scammed, they want to be able to trust whatever project they see in the cryptocurrency market and these people are ready to sell their identity for it, which is not the core purpose of decentralization.

Then there are those who don’t care about getting scammed, maybe they think they are smart enough to tell when a project is a scam or not, these are the people who are worried about their identity and they want to keep it safe and say low-key, and of course that’s the main purpose of Bitcoin and decentralization, so that people who are making use of it will not share their identity.

So, in a case like this what would be the solution? Will it be best to say that those who are worried that they would get scammed should quit from anything that has to do with cryptocurrency, and look for other things doing? Or should things be changed to be in the favour of such people?

Plus it doesn't only happen during bubbles, it does also happen when market is in recovery mode. We had a horrible few months and everyone was doing bad, right now it is not recovered yet, however it is at least doing better and it is getting better, it is nowhere near what it was but it will get there and it will reach above as well, that is how economy works, it grows bigger and bigger all the time.

So, eventually we are talking about bitcoin going up over time because market is in recovery, it will take time and it will be a long period of time before it can be as good as it used to be but we will definitely see higher numbers for sure. Hopefully we will get to see that in few years and can go above $20k once again and double our profits, but I am willing to give a longer period of time as well.

In that case do you know what is the volume that is total? not just the physical ones but the total of them? At least that way we could calculate the contribution of bakkt into the bitcoin world, without that we couldn't possibly know about how much they are affecting the crypto world.

I still think that no matter what the answer turns out to be, they are probably not that much affecting it, they surely do have some effect but it is definitely not as big as people make it out to be, it is 10% of probably what people are reacting to it. I still remember when bitcoin price skyrocket before bakkt started because they declared they will start and people thought it would increase the price and how price plummeted because people realized it wasn't as big of a deal as they thought it would be.

There are so many exchanges out there that are making sure that they are taking a piece of the pie that I can't believe the situation is still this bad. I mean I understand that people could be naive and believe every single exchange but it shouldn't be this easy to be a bad exchange.

If you own an exchange you have to have a lot of support that is working to make sure you look good to people as well, you need to help people. Just having the exchange codes are not enough, just because you built one exchange that is functional your job is not over. You need to do support, you need to do marketing, you need to do social media and there are tons of other legal works as well. Some exchanges just get a code from somewhere else and customize it to themselves and call it an exchange.

There was possibly the reason out there already, it was figured out. Your sell was so big in the ADA margin trading world that you yourself alone just managed to crash it for a second all by yourself.

Obviously it recovered but the liquidity was low and that is why it went down super fast which caused you to drop in profit. Do not forget, when you make your calculations you make it on the price that you want to get out of, not the market price, when you get out with the market price however you end up with lowering and lowering your entry point until you are totally out but that could mean that you would lower yourself into a loss as well.

There was a ton of examples with ETH for example when it flashed crashed to cents and jumped right back up because of arbitrage as well.

I would say that no skills needed is definitely wrong I agree. However when there is more money to be made in the market, because there is plenty of money printed out and given out, I would agree that you could make more money this year than any other year. This doesn't mean that it is easy, it is still difficult to make profits, however it is definitely easier to make money comparatively speaking to previous years.

For example making profit this year was probably hardest in the memory since 2008, we are talking about a situation where you didn't even worked for months, how could you make a profit when you didn't even open your business? That is why some years are harder and some years are easier, this doesn't mean easier years are easy, just means easier, always keep that in mind always.

There is fundamental wrongs in the calculation. When the economy is down, bitcoin is not down all the time.

For example, there was a lot of money printed and stock markets could look great because those printed money did ended up in the pockets of the shareholders via the companies that got the money, but people are still unemployed.

The so called "richest country in the world" USA has record breaking unemployed rate right now and they are doing so bad that the government itself has to pay people to stay alive, companies are not paying wages that were already very low anyway and asking for government hand out.

Overall economy is terrible, yet somehow bitcoin is higher, which shows you that bitcoin can be up while economy is down, just not macro economy but the micro one.

Bitcoin is going up because there is more money in circulation nowadays and some of that money does end up in bitcoin and I am very fine with that, hopefully there would be more increases in bitcoin to make us richer.

However do not forget that there is also the fact that purchasing power goes down, so yeah maybe you had 100 dollars that became 120 dollars but the thing you could have bought for 100 dollars became 120 dollars as well, so you basically have the same purchasing power whereas you do not have the old amount of money but have more of it on bank account.

I don't know how great that is, I would prefer a method where the purchasing power increases and nations fiat are very strong, yet bitcoin is just stronger. I know that is rare and unlikely but that would have been awesome and perfect.

Do not get your money caught to anyone claiming they are whales. If a person is truly a whale they will make a profit themselves anyway, there are so many ways and so many coins that whales could make profit from that I doubt any of them would need money from you. And people who work with "I will use x amount of dollars, whatever profit I make half of it is yours" is not going to really be a whale, they already have 1000x of that amount to be whale, anything you can offer them will be tiny.

Why am I so sure about it? Because you are looking for a whale here and if you are looking for a whale here that means you are definitely not a rich person, no rich person would be on bitcointalk looking for other rich people to join together. Hence, whales will not be helping you and ones that want to help you will not be whales.

It is great to hear that they are actually getting more and more work however those hundreds of bitcoin is such a low amount that it is almost like it doesn't exist at all. We are talking about a product that produces 900 a day, so having hundreds per month is literally nothing. Obviously it is better than what I do, which is not even 1 bitcoin , not even 1/10 of a coin, however at the end of the day I do not make the news, nobody checks me out, nobody talks about me, so it is expected of me to not be important and make trades.

Whereas this BAKKT has been talked about in length and has been a discussion for a loooong period of time yet they haven't made that much trade to validate all this talk about them. I would assume that people would have to actually see thousands upon thousands to actually be valued this much attention.