BTT isn't a total shit token.

It has the potential to be huge with how BitTorrent could allow hundreds of millions of users to tap into the utility of that token. If they work this out well enough, I am quite certain that early birds will be generously rewarded for their confidence in the token. It's the first token with mass appeal, and it could be integrated in other Torrent clients too.

Every IEO that came after BTT is garbage. There is no nice thing to say about them. Most are pure scams, where some are nothing but an idea the people behind the projects allow you to buy into.

I prefer to use 2x leverage, which might seem like peanuts to some people, but for me that's more than enough. I appreciate every satoshi in profit that I make.

The highest leverage I ever used was 25x but I felt so uncomfortable that I closed the position after like an hour. In my opinion anything above 10x is similar to gambling in the crypto space. People seem to overlook the fact that they add leverage to an already super volatile asset class, that's crazy. On top of that, Bitmex with its spontaneous killer wicks makes things even more risky. Noobs get brutally liquidated in a blink of an eye like that.

Governments already can't pay back their debt.

Look at the US for example, no amount of printing can halt the rate at which their debt is increasing day after day. All they can do is inject trillions in their economy to delay the process of seeing their economy implode, but that's obviously going to K.O. you in the long run.

Essentially, they can still print money with Bitcoin in place. All they have to do is build on top of Bitcoin the way Tether has done it. They can issue as many tokens as they wish. Currently we don't know how much fiat there is in circulation, but that's totally different in case they do have built their currency on top of Bitcoin. There is no way to cheat.

There are those who prefer the vanilla version of anything. True purists. It also looks a whole lot like a cult.

I am all for people having the freedom to support whatever coin they see value in, but in this case it's so cringe worthy that I can't stop feeling bad for all these empty headed CSW minions. Don't trust, verify, that's the motto in this space. CSW has had years to prove that he is actually satoshi by signing from an address containing the first ever block reward, but he hasn't done it.

Another thing is that these guys completely lost their mind with 1TB blocks, lol. Shit, first try to fill up 1MB then talk about serving the whole world on your centralized boob chain.

Just like how the bulls have never left the market, the bears similarly haven't either. The thing with charts is that you can make it look as bearish or bullish as you want, and technically speaking, the $5600 high that we reached a few days ago could also be a lower high with a wider time frame chart.

Uh, the trend is your friend, that matters not only in crypto, but basically every other market. Not sure how you can be wrong all the time if you follow that. If you're referring to people such as Tom Lee being always wrong, then sure, but he's a nutter who doesn't know what matters here. He sticks to the metrics that held value during the bull run, but are worthless right now.

Bots move the market. They trade based on what the charts tell them. Bots trigger green/red candles, people then follow by panic selling or fomo buying.

There is a famous saying that I like;

Show me the charts and I'll tell you the news.

-Bernard Baruch.

People always panic over nothing.

I am actually quite disappointed by this 'crash' because I expected more with how the news around Tether was the perfect bit of fuel for panic dumpers to unload. It's going to be interesting to see how the price will be holding with the weekend kicking in. If the bulls still defend $5000 as firmly as they have in the last weeks, then that's definitely an indication of increased demand.

I personally expect $4800'ish to be tested this weekend, where if that level doesn't hold $4300'ish should offer a sweet bounce that I'll long.

It's all temporary noise.

Craig Wright has done enough harm to turn BSV in the next BTG. It's only a matter of time before their silly chain will be NiceHash attacked. If their hashrate keeps dropping, it might even happen this year. Binance and the rest of the exchanges having delisted BSV did well in that regard, because they won't be losing millions in funds this way.

Craig Wright even threatened exchanges with double spend attacks, so it seems that at least in one aspect his words might hold some truth.

Look at Roger Ver for example, his rage against Bitcoin has turned his Twitter into a total mess. People continuously and rightfully trash BCash, and that while before his rage people were actually on his side for the most part. Self destruction mission almost complete.....

Bitcoin will obviously stay, but there are close to 2.9 billion Tether tokens in circulation; if that exits the market entirely, we're going to take a massive plunge, and I am quite certain that if it was to happen today, sub $3000 is what we will be looking at.

The thing however is that people don't seem to care anymore about Tether. People as stupid as they are will keep using it because of the utility it offers. I have seen even influential people on social media admit that Tether is very likely a scam for the most part, but it offers a good hedge, therefore they will use it.

The situation as it is right now = we finally have the evidence we need to know that Tether is a fractional reserve financial institution.

Never in a thousand years will I ever sell one single satoshi for USDT. Fuck that.

Be careful what you wish for. +90% of the merchants accept Bitcoin through a payment gateway, which means that one way or another, these coins will end up on the market because they need to pay out merchants in fiat. The only way I can see it become long term viable is that merchants skip the payment gateways and accept Bitcoin directly and use it to stock up their shelves.

In other words, coins need to circulate in an economy where they are used as money, and not be dumped on a spot market that severely lacks liquidity. BitPay did over $1 billion in transactions last year, that's a serious amount of liquidity they have taken out of the spot market. This is only BitPay. There are many more payment gateways in the world.

Amazon will continue ignoring Bitcoin until it can actually handle at least a quarter of the volumes it's pushing on a daily basis. Bitcoin as it is right now can't even come close to 0.1% of their volumes. People need to stop being overly bullish and expect miracles to happen.

Imagine all the complaints Amazon has to deal with by accepting Bitcoin. Most of the current non crypto related merchants experience more problems accepting Bitcoin than it results in a boost in revenue and profits. It wouldn't even surprise me if they end up getting ddos attacked just because they accept Bitcoin. What a hassle.

I think that a $3 million investment is peanuts for Samsung in terms of using it as marketing stunt. They pay celebrities around the world way more than that to promote their latest flagship device in an ad on tv. Samsung is known to take risks in order to innovate, which is something that their closest competitor Apple hasn't done in years.

I am certain that with enough bullish momentum and a well timed launch of their devices it might actually take off. The good thing about Samsung's success is that it will attract other phone manufacturers to follow and create even better products. We benefit from all this. Crypto storage is key, so the more well funded entities are working on this, the better.

What makes it one of the best articles? All Bitcoinist has done is collect publicly available information and create a story around it. 

We're somewhat at a maximum in terms of daily transaction throughout with current level of Segwit adoption, so it's not going to be more rosy than this. It's really waiting for Schnorr to finally make it into a main release so it frees up blockspace that will allow more transaction throughput. This will be the most bullish upgrade ever in my opinion.

The only increase in economical activity I have seen is massive (very likely OTC related) transactions, and it has been in an uptrend for over a year now.

Ethereum has had its GC before Bitcoin, and the price has gone down since then.

It really looks like that investors and traders have done everything to front run this event, and this actually makes sense. People also front run the block halving by buying before the actual event. It is bullish long term speaking, but after the event it's more likely to be boring for the first couple of weeks/months. Good for accumulation though.

We have been generously rewarded this month, perhaps it's time to have the market cool down a bit and -$4000 buyers unload their bags. What goes up hard......

That sounds good to me.

The only thing that makes me somewhat question a strong downward movement is that Tether printed another 300 million units yesterday, which doesn't happen for nothing. They'll either be used to short the crap out of Bitcoin, or buy up whatever sellers will be dumping in their buy orders. In less than a month 800 million units were created, that's some crazy shit.

A retest of the 200wma $3600-$3700 isn't out of the question and would also be a healthy move. Back in 2015 we also found support at that moving average, and that more than once.

Binance's trading pairs against USDT should be taken with a grain of salt. I usually don't include any USDT exchange because you don't know if the tokens are actually backed by dollars in a bank account or printed out of nothing.

I strictly focus on actual fiat exchanges like Coinbase, Bitstamp and Kraken. Both offer USD and EUR deposits which gives a better overall pic of the market. CME is also a very decent indicator with how there is basically no way to manipulate the volumes there. 

Top volumes last 24h;

CME $350 million.
Coinbase Pro $88 million.
Bitstamp $60 million.
Kraken $45 million.

It's most likely a very short term malicious surge in traffic. Crypto related websites are being targeted continuously by imbeciles with ddos attacks.

If the main site isn't working, you should try their app. If the app isn't working either, then just wait an hour or two and it should work when you try again.

The only ever issue I had with Bitrefill was that the payment form with the 15 minute time frame in which you have to complete the payment kept going even while the payment was already sent and confirmed through Lightning. Every time I wanted to buy something I had to wait for the full 15 minutes to expire in order to receive whatever it was that I bought.

You know that at current prices no one really cares about $100-$200 differences in the price, right?

If BCash would have an effect on the price, it would be more than that considering how well positioned Bitmain & Co are. People may not like them, which is more than understandable, but they still own way more Bitcoin than most people here combined. That's a lot of economical mass they have as enemy of Bitcoin. On top of that they also have a large share in the mining aspect of Bitcoin, so even more economical mass there.

Too bad Bitmain dropped its IPO plans, I badly wanted to see what coins they have on their balance sheet in 2019.

Meh, the article is vague and the date it is released in relation to the actual loss is dubious.

It wouldn't surprise me if this is an article they were waiting to release for months now, and for whatever reason considered a good time to do it now.

It also wouldn't surprise me if he shorted the crap out of Bitcoin on platforms like Bitmex and dumped spot at a loss to tank the price. In that case it wouldn't really be an overall loss, but more an interesting loss he can book and offset it against the profits he will be making in the next year. No way this guy is as stupid as this article paints him off to be.

Not a lot, more like a few hundred bucks per month at most.

I have read similar stories in the past, which for me was a factor to avoid it, but it seems that they have been improving a lot, and for over a year I haven't had a single problem with any of my purchases. I guess the risk is technically still there, but it's negligible in my opinion.

Perhaps you can try it out with a few smaller purchases to see how it goes, but I don't expect any problems at all, else we would see the web flooded with complaints.

Well, the thing is that if you keep throwing with crazy high predictions, that eventually you will be right, even Tom Lee. That being said, I don't know why people still continue to include Tom Lee in any article with how he has proven to be more of a clown than an actual "expert".

Most bull runs happened because people didn't expected them to happen and were forced to fomo buy into the market just so that they don't miss out anymore. Currently people have been preparing themselves for a bull run, and it has been like that last year as well. All you read about last year was a bull run, and all we got was a massive correction.

It's going to be interesting to see if the noobs waiting for a bull run will be rewarded this time, or brutally butchered with another capitulation candle.