Iota is on my list as well. I am waiting for it to recover these next few days. After the sudden rush to $5 and then to fall to $3, there was a great buying opportunity. The price is now pushing upwards towards $4 once again. I'm thinking $6 or $7 levels might be reached with this push.

This is the tricky part about bubbles: No one knows that it is a bubble until after the bubble has burst. This sudden rise is worrying me as well, the price is climbing too quickly. Just feels like another pump and dump cycle, but a huge one, so I can't be sure whether when the majority of whales cash out at $20K, this will trigger a chain reaction, urging everyone to sell and with that causing a crash.

The sudden increase reminded me of a mass craze as well. But these things are to be expected in my opinion, especially when people start reading news like "btc went past $15K". That the sites went down is really bad, of course, but just like in other sectors, you should read up and take care not to buy at ATH. I'm sorry for those people, but they should have known that "buy low, sell high" applies to bitcoin as well.

No one should feel regret because of selling early. Let's be honest, even if we had bought when bitcoin was like $1 per coin, we would have sold at $10. If not at 10, then at 100. No one would have hodl'd religiously until we reached $15K, so it's perfectly normal to cash out when you feel like you have made enough money for the moment.

This is still a gray area in my country, and as far as I know if your additional earnings are below something like $250K per year, it doesn't trigger the systems of our versions of IRS. I know the US is very strict when it comes to things like this, and I would definitely pay taxes instead of constantly worrying about whether they will find out.

I want to say there is not enough time to reach $15K within this year, but bitcoin loves to prove me wrong when I make such statements. I don't think we will see a lot of resistance at the $13K and $14K levels, but there will definitely be some towards $15K. I think that resistance will be broken with the help of the introduction of futures. Although I think the price will not be able to stay above $15K for long within this year, it is very likely that the price is reached at least once.

Although the article only mentions bitcoin, it is obvious that the deputy governor is referring to cryptocurrencies here, which boggles my mind a bit, because it is obvious that we will never go back to the world where there were no cryptocurrencies. I think it is extremely unlikely, but bitcoin may go extinct for some reason, who knows, but the technology behind it, the crypto scene as a whole, is here for good. So governments should try to live with it rather than denying its existence.

I don't see why the price should go down, especially not in the long term. Pump and dump cycles may become more prevalent though, which scares me a little bit. If big investors gain access to lots of bitcoins via futures, they may eventually reach the stage where they can manipulate the market a little bit.

No one can know for sure, but it looks like the price is going to go up. Bitcoin futures mean big money will start coming in, which will help legitimize and stabilize the currency. This will probably mean that we won't see wild, sudden increases like we have seen a few times so far, but I don't think that is necessarily a bad thing.

Who is this "bitcoin mafia" that comes after people? If you accuse bitcoin of being "monopoly money" or being nothing other than "gambling", with no backing arguments whatsoever, what do you expect to happen? It's obviously not gambling, established institutions and with them, "big money" is coming in, so Mr. Cramer is obviously wrong.

Why shouldn't they? The price itself of an asset is irrelevant in these situations, but rather whether the price will go up or down. If an asset cost $500K, and the price was projected to go up, you would still find countless people to invest.

I think steam has a legitimate reason here. This also supports my idea that bitcoin is supposed to be a long term investment rather than a daily payment method. The price is too volatile, the transaction fees are too high and the transaction times are too long for bitcoin to be considered a currency which you can use regularly.

This should be no surprise. The USA is one of the countries where bitcoin is very widespread so the government doesn't want to lose tax money, and is looking at ways to monetize it.

This will probably boost the price once again, also drawing perhaps excessive attention to bitcoin once again, which unfortunately always gets the bubble discussions going. However, the increase in price and popularity is always good in my opinion.

According to this theory, governments will buy up bitcoins using their own money. In order to control the majority of the bitcoin market you have to spend a lot of money now. If governments then dump their coins to destroy it, then they are basically burning their own money. If they want to destroy crypto, they will try to do it via bans or restrictions, but not by buying the entire stock and then destroying it.

If someone can loose his bitcoins just like that, then why use hardware wallet? I always thought hardware wallets would not allow a loose like that

You can't assume that the price will rise at its current ratio until it reaches $25K. Hopefully we weill eventually get there, but probably not at this speed.

I'm not sure China is doing much to stop it, even if they wanted to, how could they stop it? The system is decentralized and governments have very limited influence.

Güzel bir paylaşım olmuş, teşekkürler

Isn't this good news? In my book any type of legalization is better than nothing at all. Increases the legitimacy of cryptocurrencies worldwide.