I do not, especially because of how one TA 'influencer' can be a fantastic trader today, but a total sucker tomorrow. Another thing is that most of today's crypto TA people always have to sell you something....

If trading was really that profitable for them, they wouldn't waste their time live streaming their trading sessions and shilling their courses and signals. There is no shortage of them nowadays. So much quanity, so little quality.

This exchange had rubbish support already, so it will definitely get worse with way less staff. It's super funny considering that they are one of the main wash trading exchanges that exist today.

It just shows that it's likely not coming from random whales buying/selling their own orders, which would at least generate income for the exchange, but when you are doing it yourself, there is literally zero income.

Another option is that they should stop handing out bonuses to noobs and use these funds to improve their overall quality....

HitBTC doesn't care about people's complaints. I don't think they ever have cared about people's complaints with how this exchange has been very problematic for years now.

They know that their exchange offers a 'unique' list of trash coins noobs always want to come back for. They benefit from other exchanges delisting a lot of coins, while HitBTC still offers a wide range of trash coins.

It's the user demand that keeps this exchange up and running, and that's directly the main problem. The sooner people stop caring about trash coins the sooner we'll get rid of exchanges like HitBTC.

That's not just speculation, but pure hopium based on nothing but their own assumptions and predictions of those who are similarly retarded because these people tend to echo each other.

That would a perfect scenario for Bitcoin given the current bear market. I do however add more value to the market maintaining the $4000 mark for now, because last year we have seen how even the "safe" $6000 mark didn't hold.

Crypto in general can always fall down lower than we think, and with that in mind while we're in a bear market, the only thing you can do is be conservative and happy with the current price of $4000.

I'm not sure if bots actually help people save time. The thing here is that people will then have the bot trading on the side while they are still doing their time consuming manual trading. It all comes down to the profit people think they can make.

Another thing is that people will have to focus on two things now instead of just one. Bots can wipe out the majority of their trading balance just as easily as people themselves do because the risk you or your bot is exposed to is still there.

I don't think this will help much since live chat operators mostly only provide information. They can't look into your account, make changes, etc. There isn't much usefulness to these services if you think about it.

I would even say that people could end up more frustrated with than without live chat operators. I have read enough about how exchanges have blocked people from chat because they didn't follow their 'chat etiquette'.

This reminds of an absolute shitcoin that was listed on CMC for a short period of time till it got removed, likely for blatant manipulation. It had a market cap of $1.5 trillion with only $30k worth of daily volume.

XRP is somewhat similar. They printed 100 billion coins out of nothing, where at current prices that means a $30 billion total market cap, and Ripple itself holds around 70% of everything. If this isn't a security, then the SEC is blind.

In the coming years Ripple will slowly gain access to the locked coins, which means that out of nothing, XRPs market cap increases with hundreds of millions. It's not even a blockchain.

Absolutely. If his tweets are already worth like $100k, Imagine how much he got paid for his Skycoin tattoo. It's one thing to accept payment to shill shitcoins on social media, but a damn tattoo? It's so retarded.

Sure, he can get it removed eventually, but that requires a whole process of painful laser treatments that no one would want to undergo even if people get paid crazy amounts of money.

Feel bad for those who looked up to him and bought into the coins he shilled. It's people's own mistake for doing so of course, but no one deserves this. He abused his status for money in the worst possible way.

In the long run for sure, but short term speaking, hodling isn't much of a thing. You can hodl like 90% of Bitcoin's entire circulating supply, yet the important factor is the remaining 10% that can be used to affect the price negatively.

Research proved that before we crashed from $6000 to $3000 that wallets accumulated more coins than before the bull run (not counting known exchange addresses), yet we still lost another 50%, and that in a very short period of time.

Buying demand is what matters in the short term, not hodlers. If you have way less buying demand, you'll pretty much see what happened in Q4 of last year. $6000 was low people said, guess what, it wasn't low enough....

Institutions are patient with how markets move. It could very well be that they don't mind the current range at all, while those who are here staring at the price all day don't know what to do anymore.

Don't forget that trades can be leveraged, so even the very small range we're in can be highly profitable. The difference is that people here need a super wide range in order to trade, while institutions and other pros are happy scalpers.

Why trigger a potential dump by testing resistance levels? For the time being it's more lucrative for smaller trades to take place continuously. Not sure how much longer this bear market will last, but prepare for more of the same.

That's actually a good thing. People tend to dislike that what can become a very successful upgrade or crypto currency, just because that development isn't happening on the coin they bought into.

I'm not saying that LN will reduce most crypto currencies to a pile of dust, because they will always have that speculative value and demand, but the payment aspect is what Bitcoin is groing into more and more as time goes by.

People keep shilling coins like Nano, while they don't understand that no one cares about it--people want to deal with Bitcoin and want to see it do well. Nothing comes even close to Bitcoin in that field.

McAfee is a joke. The way he's acting on and off the net makes him a total joke in terms of him running for president. IIRC, he's being sought by different authorities, he has to continue moving from place to place.

Not saying Yang has better overall odds, but certainly better than McAfee's odds. I'm actually tired of seeing so many individuals try to use Bitcoin or blockchain as an excuse to gain some momentum.

If they would have done the same without surfing on the crypto blockchain hype I'm sure there would be way less press covering these bimbos. I don't take these people serious at all, and so shouldn't others do.

The worst part isn't so much that whatever entity is trying to resurrect MtGox, but the potentially tens of thousands of traders that will be using it. People here never learn of anything about past hacks and thefts.

People here are like little kids. If you tell them to not do something, they'll do it just for the heck of it. Cloud mining despite all its scams and warnings is still super popular among people.

Imagine if MtGox follows the trend of freebies. People of all sorts will rush to claim their free $10-$20 in whatever crypto or balance. The only thing we can do here is continue warning people. If it helps out even 1 person it's already worth it.

Maybe after decades of no progress, but in crypto there is no such a thing as a coin becoming worthless as in zero. Even scam coins that got exposed years ago still have some sort of a value tied to them.

The worst part is that during bull runs these coins are getting pumped to the moon after a lengthy process of accumulation by pumpers. People buy these coins hoping for that massive pump.

It's sad to see this take place in crypto, but what can you expect from an industry that thrives on speculation and moon shots? People ask, and scum delivers, that's how the situation is here, and it won't change any time soon.

It's possible, but people seem to be so focused on their perfect chart bottoms, that they might get trapped in themselves. Back then we had nothing going for us while today that's different.

On the other hand, currently it seems that we're stuck below the previous resistance around $4200 which might indicate that the little bit of momentum we had is fading. Typical bear market behavior that is.

Regarding OP, this could very well turn out to be a very long lasting bear market. Higher prices means more money needs to flow into Bitcoin in order sustain the current levels.

Based on that it's difficult to say, but my best guess would be $2000-$2500 assuming the bottom isn't in yet.

Bitstamp is ok as long as you deal with EUR, not sure how their USD side is. The thing with an exchange like this is that they keep asking you silly questions in order to know more about you.

People are being asked things like how much crypto you plan to trade in the coming months or years, what the source is, if you can point them to addresses your coins are stored in, and the list goes on. It's horrible.

I'm not sure about LBC and their hunger for your information, but at least you're doing peer to peer business, which is better than subjecting yourself to an exchange like Bitstamp or Coinbase.

Miners are slaves--they have to adjust to whatever the market subjects them to. I remember how people put all their confidence in the $6000 mark because miners according to them needed it to break even.

The price didn't care about their operations and it corrected with 50% to $3000. The hashrate won't miraculously exceed the level of profitability, because that's not how things work, economically speaking.

Hashrate drops aren't the end of the world. The difficulty will adjust itself and stabilize at the levels miners stop shutting down their machines, and currently that seems to be the case.

In case we do get that pump, I do believe that we'll stagnate below $5000 due to how bots will respect the moving averages and take profits before even reaching there, simply because it's unlikely that they break directly.

What people seem to forget is that short term traders and investors have had months to buy their coins below the $4000 mark. What do you think will happen when they see the price go up from where we are right now?

We have to start going up from scratch again, and that's far from an easy job with how there isn't much that signals the end of this lengthy bear market. It's much better to continue being conservative while the trend is still down.

If you mean that the bull run will happen when we don't expect it, then you're right. The thing however is that people have prepared themselves for a bull run by holding their coins firmly.

In that case people do actually expect a bull run to happen, and we'll face strong waves of selling pressure that will prevent us from going up in a confident manner. People need to lose faith in Bitcoin and crypto first.

2017s bull run was so extreme because people didn't prepare themselves for it by buying Bitcoin beforehand, which unfortunately is the case right now. The amount of speculation right now is beyond insane.

A lot needs to happen to ignite a bull run. ICOs booming, high demand for institutional grade products, crypto funds going all in, and the list goes on. We're very far away from that....

If we look at how much shit Tether has gone through in the last 12 months, and the fact that it gained more market share instead of lose market share, it's safe to say that people don't seem to care.

We've gone so far that just the idea of this being worth $1 is enough for people to continue using it. It's quite similar to fiat actually--people use it without thinking about the potential negative consequences in case it implodes.

Look at the volumes Tether generates. Some times it's near $10 billion on a daily basis, while its own market cap is just $2 billion. Say about it what you want, but this is the only coin with actual use as currency.