BitPay has already lost most of its credibility, so I'm not sure how much there is left to ruin. All their actions so far seem to be adding up to something that eventually might result in a competitor to take over.
More specifically, they accept Bitcoin and Bcash, but do everything they can to have Bcash become more appealing to people to use by charging an extra fee to use Bitcoin as payment option. Horrible service.

I'm glad that there are more payment gateways popping up lately, and some are growing exponentially. BitPay doesn't have much room left to behave like an absolute piece of shite.

The ad ban was quite clearly a mistake. Instead of wiping out the scam ICOs, they wiped out even the legitimate businesses trying to gain more exposure. It's a mistake they corrected not long after.

As for the FB coin, it's just them following the hype and potentially create an extra income stream that isn't focused solely on ads. I'm sure that their FB coin will net them higher profit margins overall, and that's what they are after.

Businesses do whatever they consider to be the best option going forward, and that's following the crypto hype. They prepare themselves for the next bull wave, and I can't blame them for doing so.

How is he contradicting himself? His English isn't perfect, but what he wrote makes perfect sense. In fact, it's probably one of the safest predictions to come up with at this point.

We won't be hovering around the same levels for much longer than a couple of weeks. We're very close to test the main descending resistance line that caused the price to continuously reach lower lows for over a year now.

We'll either pump straight to $5000 in case of a positive break, or retest the previous low of ~$3150. Obviously, I prefer the first option, but the ascending resistance has been an unbreakable barrier so far.

It really does seem like governments don't care about this, because banks messing up gives them reason to fine them with mega sums, and the banks themselves seem fine with it as well.

Overall, the profits they managed to gain by breaking the law has always been much higher than the fines they end up paying. It's nothing more than collateral damage for banks, which is the worst part here.

The very fact that governments know this, but still don't raise their fines to match the profit margins of the banks they fine says enough. As long as this doesn't change banks will continue ripping people off.

Not only that, but his coins could potentially be used to support LN when it comes to adding liquidity to the network. He bought himself a hardware LN node recently, so it's a pretty realistic option if you ask me.

To make things sound even more bullish, he stated that it's only a matter of time before Cashapp starts utilizing LN. In order to actually make it work in an appropriate manner, they have to open hundreds/thousands of well funded channels.

LN currently counts 774BTC in liquidity, and the way things go, we'll see 1000BTC before the end of the second quarter. That milestone will generate even more positive news and attracts more merchants and users to Bitcoin.

Venezuela has been quite an interesting test if you ask me. It isn't a country that affects the world economy in any way, but locally the crisis has hit every inch of the economy and Bitcoin can now be put to the test as safe haven.

Good thing is that the volumes have been increasing there, but the negative side is that there currently is a massive power blackout which affects those who try to utilize Bitcoin as we speak. That whole country seems to be rotten to its core unfortunately.

Blockstream's satellite would be a great way to work around internet blackouts or censorship, but you can't do much to work around power blackouts unless you are generating your own power one way or another.

I can have an entire site layout copied without spending a single penny, and when I can do so as fairly non tech cowboy, many others will be able to do so too. Combine that with shared hosting and a domain sale, and you're done.

Something tells me that things aren't right, and when it concerns something like a credit card that's being marketed like this, it should be an instant no. Gut feelings aren't worth anything with trading, but here they're worth a ton.

Better safe than sorry.

Ebay has no problem keeping their customers, it's the largest and most popular non Asian auction/marketplace. In fact, they have continued growing despite people's complaints about the platform ifself and PayPal.

Crypto doesn't bring anything related to buyers protection to the table, now let that exactly be why people continue to use PayPal. It's quite easy to charge back and actually win the claims with how biased towards buyers PayPal is.

Ebay doesn't need crypto. Crypto is a pain in the ass to deal with, especially when it comes to all the complaints about failed payments, volatility, and so forth. It's more of a hassle than a benefit to deal with crypto currencies.

Waiting, that's what makes people lose a lot of money. I really noticed that we're dealing with more people that keep hodling their coins regardless of what the market is doing, but don't actually believe in the coin they invest in.

In this case you would expect them as an investor to take a loss and let the market bottom out, but nope, these brand new investors think a bull run is close every month which is what they prepare themselves for.

Overall, if we look at the weakest hands, they very likely have outperformed the majority of the investors/hodlers here. People here made fun of those who sold last year, but seriously, they did the right thing panic selling early on.

I don't share that way of thinking. I tried to trade on my mobile phone, and while I do have a semi large phone, it's awful to read charts and zoom in on certain smaller time frames. It's not convenient at all.

I tried the Binance app as well, and while it does provide a better overall experience, it just can't function as well as when you trade on a laptop or desktop computer. Things also take longer to load on mobile phones, so another disadvantage.

I doubt serious traders use their mobile phones for trading purposes. The only thing it's good for is people buying in blindly and selling blindly. In other words, buy low sell high type of trading/investing.

The volumes are deceiving, and very much so. If we look at the last couple of weeks, we have seen a significant increase in volume, yet the price doesn't seem to react to it at all, which makes me wonder if the volumes are fake.

Both Bitcoin and Ethereum's volumes are heavily inflated while most of the other coins haven't gone through a similar volume boost. My guess is that some Asian exchanges are trying to artificially make this market look more active than it is.

An easy way to tell is to look at pure fiat exchanges--their volumes have seen a little increase, but not even remotely close to the volumes Asian exchanges are generating. I would say this is a case of wash trading.

Sideways we went last year, and a much lower price is what we have today. Consolidation and sideways action in no shape or form is an indication of an uptrend. Don't forget that we're still balls deep in this bear market.

I'm prepared for another year of sub $4000 action. Obviously, this doesn't mean it will exactly be like that, but I'm not expecting anything. I'll accept whatever it is that the market subjects us to and take advantage of the opportunities.

People here seem to think that just because we have gone down a lot already that the worst is over, but that's just wishful thinking. We need new money to come in, and that's not really happening.

People sell the dumps and buy the pumps. We need months of continuous green to attract new buyers, otherwise we'll continue digging into the same pool of capital that was here for over a year already.

Nope. He can always count on Bitcoin's bear cycles that scare off newbies, because they are too new in the space to know about his repetitive and nonsensical past. In other words, he will continue doing this.

He's waiting for the bear cycle to kick in, then tries to convince people that he's right by using the negative momentum of the market. That's what Peter Schiff is doing as well.

IIRC, Peter Schiff started trashing Bitcoin when it was $100 and he still didn't change his opinion. It's still the same trash talk we see him come up with during discussions and numerous live debates.

It actually is. Currently the market is so saturated with altcoins, that people don't care about decentralization, and they probably never have in the first place, but only about what ICO project is the next one to invest in.

From a community focused on decentralization we have gone to a community focused on gains. It doesn't matter how trashy a certain project is, all people care about are how hard something can pump. Sad reality.

It works both ways. If you spent Bitcoin early 2018 you would feel like a champion right now. To make things even better, you can buy back the coins that you spent for way less below the $4000 mark.

It's never easy to make a proper decision beforehand. Time will tell whether it was a good or bad decision afterwards, and so far it has been an excellent job to cash out or spend coins on gold or whatever else.

If you bought gold with Bitcoin early 2018, you wouldn't only hedge the massive correction that followed, but at the same time enjoy seeing gold gain more value. In other words double profits.

That was pure manipulation and this happens with Binance as well, but then with ICOs that pump and dump hard. If you have a great reach, and questionable operators/investors, these things happen.

CZ is obviously favoring certain ICOs and utility platforms, while Coinbase has to deal with DCG that dictates what coins can and can't be listed. I'm sure that there are more exchanges with similar shady activity going on to make profit.

I just want the price to go up steadily, the exact price levels aren't that important to me. $5-$6-$7k is all fine, everything better than another massive correction from where we are right now.

If you think current levels are low, then let the next potential correction wake you up in the most brutal way, just like what happened when we went from $6000 straight to $3000 in a very short period of time.

Respect the market, that's very important. Don't assume that what seems to be consolidation is a bullish phase. We had plenty of consolidation between $6000 and $7000 and we still went down....

I agree with this. It's not the first time that this happened, and I strongly believe that as long as the bear market continues, and their income further takes a massive plunge, they'll continue accepting the most blatant scams.

That being said, we can't ignore the fact that despite people's complaints, Coinmarketcap is still the most popular market cap site out there. In other words, people complain but don't switch.

It's tempting to look at a page displaying coin activity, but I'm trying to steer clear of this circus. People are so fixated on market caps that they completely ignore the fact that it comes down to fundamentals, not market cap.

It does however align with his 'increase the blocksize' ideology considering that Charlie Lee once pointed out that increasing the blocksize isn't much of a problem at all when it comes to decentralization.

But yeah, I'm sure that even if Litecoin would upgrade its blocksize, it wouldn't ever be enough to please Roger. He's like a child that wants everything to happen right now instead of tomorrow and gets emotional and mad over it.

That makes sense. Overall, his share in so many early Bitcoin startups and his hunger for blockspace make him so difficult to deal with, that we have to be glad that he forked off back in 2017.

I watched a few of his 2012/2013 speeches and it's a shame he turned into a complete lunatic and a scammer.

Once the social media hype around Coinbase's acquisition starts to fade people will go back to normal and use Coinbase just like how they did before this started. People don't care now because of the bear market.

Once the market starts pumping again they'll realize that Coinbase is actually a great platform to deal with despite everything they did that users didn't like. That's how this space has always been.

Just look at how shady Bitfinex is. When they got 'hacked' people were mad, and rightfully so, but look at how things are right now.... No one cares about what happened back then and people still use it as their main exchange.