Honestly, you can't blame doomy predictions of Bitfinex on people. The place lacks transparency to a massive degree, so this kind of speculation is always going to be the case. Only time will tell, so far they have proved their skeptics wrong.

But is it, why now? why not before during massive crashes. If it is because of bitfinex losing it's banking relationships, this isn't the first time that has happened.

walls are in on stamp, they are tying to keep it down

eaten

Pure speculation. Only time will tell.

Yeah right, I've answered you and so have others. Think about your argument for a second, it's the same as 'I won't buy any stock in this company because I believe the government will regulate the stock exchange further'. Stupidity or trolling, simple.


Spot on, this kind of topic has been posted numerous times over the years. I can only hope it's trolling because if all these posters are genuine I pity them for their stupidity.

I don't need to specify anything. I'm convinced of Bitcoin's merit and I don't care if you or anyone else is not.

You seem to have a hard time focusing on anything except exchange issues, like they matter for Bitcoin's development, they don't. However, if you strongly think that government pressures on exchanges matter so much, don't invest, simple. As I keep saying go invest somewhere that is within your mental limitations.

You may also want to research the difference between the meaning of prices and values, otherwise I suspect you will also have trouble investing in the more traditional markets.

There is reams of informative discussion going back several years now. In addition, there is plenty of informative discussion for your so called 'current issues', by which I can only imagine you believe are price related.

You are missing the bigger picture because you and others are focusing on the price. If you focus on the actual development of the protocol itself, the industry developments building around Bitcoin, and the problems of the legacy financial system and governments, you might just decide that Bitcoin is a good long-term investment, which is the conclusion I came to after the mid 2013 bubble and then again after the end of 2013 bubble.

If that, and what has been written to you in this thread, is not enough to make a decision on your investment I don't know what will, and I think you will never be convinced. So, don't waste you time here anymore and go elsewhere to find a investment that agrees with you.

By the sounds of it Winslow you think there is nothing that is a good thing for growth, apart from not having KYC. I highly suggest that you stop posting here, delete your account, and forget about bitcoin. If you are not convinced about the future of Bitcoin from its limited supply, halving in inflation rate, the previous price history, ongoing protocol development, new and old companies entering the market, ongoing adoption, and so on, nothing will convince you of it's worth.

You are not meant to be an early adopter of disruptive technology that requires significant investment, your mental state and impatience prevents that. Know your limitations and find a mature market where those limitations won't be a problem.

'Buy low, sell high' it's an old saying that most have heard, but few follow.

Well everyone, now is the time that you can buy low. Don't be like all the fools who bought high in December, and no doubt have now sold low. Buy now and don't start selling till it's at the $19k highs.

So what if it takes 2-3 more years to get there. Everyone who bought in 2014/15 are now so fucking happy they'll need plastic surgery to remove the smiles from their faces (which they can afford I might add, hell they can drive to the surgeon in their new car). What if it drops down further you may ask, well you keep buying, because 'buy low' is the rule, not sell low.

Sure if you think Bitcoin has no future this is not good advice, but if that's you stop wasting your time on these forums and go do something else.

Take a good look at the prices back in 2013 after the Cyprus bubble. It was this bubble that confirmed to me that Bitcoin was not going away, it gave me confidence to invest what little money I had and I am grateful for it. If the recent bubble doesn't do the same for you I don't know what will.

I have recently started buying again myself, I buy a little each payday, I recommend to anyone on the sidelines who wants to start saving in Bitcoin to do it in this fashion, it's routine, emotionless way to invest.

Buy low sell high people! Age old, simple, and proven wisdom.

PS - If you did buy high and sold low already, well time to learn from you mistakes and do the opposite.

Now is the time to be buying, the price has fallen a shitload, and is flatting out. I started buying again every payday.

There's an old saying that everyone knows but nobody listens to, "buy low, sell high" beautiful in it's simplicity and completely accurate. In addition, Warren Buffet once said something along the lines of "in any investment you should be willing to have a paper loss of at least 50%, otherwise don't invest." good advice I think.

Listen to these 2 things and you'll be a wealthy person in a number of years, unless of course you don't actually believe in BTC, and if you don't, simply get the hell out of these forums and go to another more traditional market.

When I first heard of bitcoin price was in the $20s not long after it was at $266. 5 years later the price is at $7000. There is no way in hell I am fucking selling anything. I keep telling people if you want to see the future of bitcoin go take a look at the full chart history of Berkshire Hathaway. 100,000s is absolutely possible.

god damn dumps  just fuck off already.

That's the spirit

Looks to be starting off as a dump. But I'm hoping pump.

yeah bit of FOMO going on I think.

Well I believe Roger and Craig are fuckwits, so they could of contributed, but that was a big bubble so no doubt the bear market had a lot of contributors. Why do you rule the Chinese out as buyers though? I am not saying they are solely responsible and I know that the Chinese control the market is pure bullshit. But, that doesn't mean they can't contribute to these things.

The Chinese obviously have a lot of money and if you look at the worlds housing markets you can see that they are very keen to get their money out of China. Despite the capital controls they are still able to do this with ease I might add. So, why wouldn't they be trying to escape a devaluing currency? that's what I'm doing with Bitcoin.

 

It looks like Bitcoin is doing a bit better, we have been down to the 5000s twice and bounced, and another time at 6400 and bounced. So, it does seem like that price area could be a (hopefully the) bottom. This last bounce seems a little different to me though then the previous 2, the reason I'm thinking it is different is the Yuan.

When I look back at the 2015/16 charts I wonder why did the price start going up at that time frame. I'm guessing because most of the panic sellers had left and only the true believers remained, also the upcoming halving, and a few other things. But, what sparked the interest from the new buyers? I'm thinking it might of been the devaluation in the Yuan that started substantially in 2015/16.

If this is the case, we could be seeing the same thing now. If you haven't been watching the value of Yuan lately it has been taking, somewhat of a dump, and during this time Bitcoin bottomed for a third time and is now back up to 8000.

Does anyone here think that Bitcoin is still having a large influence from the Chinese?

That's some nice art right there. Think I'll print a copy and hang it on my wall.

His country are the people, over 300 million of them at last count. Not the intelligence service. Explain to me how an aggressive warlike stance towards a massive nuclear superpower will benefit the common man of either country? Will that help them feed their family, keep them safe?

In this situation you are either a warmonger or a moron to think that the 2 leaders of these nations should not be talking to one another in an effort to maintain peaceful relations. And, are downright disturbed to think that the intelligence service are his country. Especially with the proven criminal historical record of the intelligence service.

For anyone that has an opinion on Trump Putin meeting I would highly suggest reading this link

https://www.themaven.net/mishtalk/economics/mass-hysteria-vkQlQ1iuLEmF5S9-DqEx0A/