In most cases law enforcement isn't even up to date with the non crypto tech cases.... it happens all too often that they just put your case on top of a large pile of other cases to not look into any of them for years.

Only when you contact them to ask what the status is they might give it a look, but only because you basically forced them to do so. If it wasn't you contacting them, they would forget about your case after a few years or so.... unacceptable but it happens.

What makes XRP the most useful coin in the crypto space? People holding the coin don't use it for anything but speculate about the price to sky rocket.... all it did in the last two years is hit lower lows.

Ethereum has much more usefulness and the people holding it actually use it because the acceptance is there, and there are a wide variety of DEFI applications that provide people an opportunity to earn trustless interest, which is insane.

There is a reason why XRP isn't moving forward depsite all the "good news".... the smart money isn't interested.

Maybe. The difference however is that more people are prepared for a block halving and I think that those who wanted to buy in have already done so. I'm strongly of believe that this halving will disappoint a lot of people.

It reminds me of how hyped up people were last year about a bull run continuation.... whenever people get hyped up and prepare themselves for such event, the more likely it becomes that the market turns against them.

I'm prepared for disappointment just like how I was prepared for much lower levels after the multi month support of the $6k mark. It's common sense to not follow the mass blindly, which I won't be doing right now.

Every single fiat currency is being used as speculative asset on the forex market. There is nothing wrong with speculation because that means there is more liquidity and utility for the money you speculate with.

The difference in money sense is that fiat is a unit of account while Bitcoin clearly is not. If Bitcoin can get there eventually, that would be an immensely important milestone, but I'm not super confident in that to happen.

Gold isn't a unit of account either, and that while it has had way more history as money than Bitcoin. Bitcoin being a store of value like gold is good enough in my opinion. The benefit is that it's far more useable as money than gold.

Not sure where you have been, but there are literally hundreds of thousands of businesses in Japan alone that accept Bitcoin. It's safe to say that there are triple the number of businesses accepting Bitcoin in the rest of the world.

Obviously, not every business is a super market locally, but that will come eventually. Another thing is that people need to be more willing to actually spend their coins, otherwise what's the point of accepting Bitcoin? There has to be an incentive.

Stability will play a role of importance too as the volatile nature of this market doesn't make Bitcoin or any other crypto currency a reliable form of money.

Strong point you made there. Inflation is a hidden form of taxation, which is something the majority of the people don't know about because it's not something that they are made aware of at school.

I think that's done on purpose to keep people ignorant and vanish a percentage of their purchasing power every single year, and that while the same governments hoard gold to escape from their own financial mismanagement.

At least, I'm glad that Bitcoin made people more aware of the financial system and how rotten it actually is. It's a tiny drop in the ocean still, but it's getting better every single day that goes by.

I appreciate that people spread these tips since the intentions are good, but I have seen them pop up from time to time in forex forums as well, and that is a market trading for decades.

If people haven't learned anything from these tips throughout all the time traditional markets have been trading digitally, it's safe to say that people won't be going to improve by reading similad tips. I wish they did but that's not the case.

Outcome will always be that most people lose trading. If everyone was smart and educated enough, people would be making the same decisions and mistakes, which means that there wouldn't be a market.

That usually means one thing, the people behind pornhub are huge bagholders of Verge. If you don't accept the biggest coins but just one random shitcoin that barely anybody cares about, you know what time it is.

It's of course great for people holding Verge but meh, pornhub is missing out on a lot of revenue and profit by excluding any other coin. That once again clearly tells you how incentives work and how powerful they are.

I find it very hard to believe that gambling is a way to earn crypto at all, especially when it comes to the long term.... it shouldn't be a surprise that by far, most gamblers are losers in the long term, and they generally lose a lot.

Trading isn't viable either unless you are doing it on a more professional basis.... having made a few profits by luck doesn't make you a pro trader. Even professional traders don't make profit every single day. That's just a dream of people.

The top altcoins have held quite well lately in terms of price action. I think that's a first important sign of seller exhaustion, because there simply can't be sellers endlessly below a certain price.

The problem as always is which coin to choose.... just because there are very few sellers left, that still doesn't mean the price of every single coin will pump hard. I personally think that Ethereum will do well due to POS.

Another decent performer has been LINK. It's one of the very few coins with a chart that doesn't point straight down. I however prefer to buy something that has been dumped down a lot already.

That's not much of a crash at all, more like a a mild correction. What can be considered a crash was how we in 2017 fell from $5k to $3k, which made people worried and speculate about going back to $1k again.

It's impossible to say beforehand. It's always in hindsight that dips either turn out to be great entry points or horrible entry points. The risk is for you to take and accept. I rather just dollar cost average and buy the market down if needed.

If you buy a lot at once you'll feel horrible when the dip you bought into turns out to be the wrong one, especially during a multi year bear market where we can have multiple dips.

China hasn't banned Bitcoin at all.... you can still use it as a means of exchange locally as long as it doesn't involve their fiat currency. Don't listed to news outlets claiming that China banned Bitcoin, they are trying to spread fud.

I don't think the price move was related to China's president, but more so the technicals as usual.... news is just pointed at because people have no clue how the market works on a technical level.

If it was such great news, why is the price going back down again? It gave back like $2k of its $3k pump and soon it will make even lower lows.

I don't think they are necessarily tired of scams, but more so tired of the bear market within crypto.... almost every crypto chart has been trending down for nearly two years now, and that's something they don't want to get into.

Bitcoin's parabolic rise to $14k this year hasn't changed anything in the grand scheme of things because it technically is just a lower high. What will the next lower high be? $10k? $8k? It's not looking very promising anymore.

That would be the best, but if people were to be totally honest and rational, they wouldn't start trading to begin with. The problem people face is that they think that the next time will be different while that's not the case at all.

If the next time is different and they make a profit, that's purely because they were in luck, nothing else. That confidence boost makes them then take higher risk resulting in losses once again.

I feel kinda sorry for people going through this, but we are all responsible for our own actions, which means that stupidity has to cost people money otherwise they don't know that what they are doing is very stupid.

I don't think many people reach that point. If we look at how people keep losing with stocks, a more calculated market that has been trading for decades, they will never learn anything in the crypto space.

Crypto comes with even more risk, plus when you trade on platforms as BitMEX the whales there just wick the price up and down to get your position to liquidate. It's a very brutal market people will not get comfortable with.

That highly depends on the situation. In some cases people start with small amounts and book some decent profits, then think they can do the same but with larger amounts because they get greedy.

Another thing is that when people lose on a few trades, they go big after that in an attempt to gain back what they lost at once, which usually means that they lose every single penny that they had before they started losing.

The same happens with people who gamble.... the biggest losses are suffered by trying to gain back what people lost.

I do agree that the DOGE community is one of the best crypto communities I have seen so far. They are very welcoming and accepting of other technologies and people, while other communities tend to be very toxic.

The most important aspect of DOGE is that people actually use it to send tiny amounts back and forth, and it has been like that for years, since the very beginning.... this is what crypto should be used for but generally isn't.

Security wise it's not the best coin due to the low hashrate, but when you transact in very low amounts it's a great network to use because the transactions are fast and near free.

It all depends on where you fomo in of course, but if we focus on the mass, they generally do fomo into the market when it has peaked out, so in that sense it can be seen as a trap, but one they fell into themselves.

I have always distanced myself from fomo buying, which is why I start accumulating when the price has gone down at least 50% from its high. I'll happily buy the price down once or twice a month to prepare for the next leg up.

Dollar cost averaging is the easiest way to position yourself into the market with little to no understanding of technical analysis. It's not as exciting as opening a large position in one go, but definitely less risky.

Ethereum is pretty all round and has the most developers building on top of it, the only downside I see here is the fact that there isn't much room to actually grow without any scaling improvements made.

It only requires one or two popular applications to clog up the network where people not aware will have to wait hours to see their transaction confirm, because that's the only way to actually interact with the applications.

If people like the aspect of this market where the prices pump for a whole year, they also should accept that prices can't go up endlessly and for that reason will correct in a similar fashion.

We went through a year long bull market in 2017 and went through a year long bear market in 2018. I think that we are currently replicating the same cycle, but in a quicker fashion this time, which should make moon boys happy.

Is it a great time to buy today as a long term hold? It might be, but you shouldn't expect the price to go up from here.... we could still see some form of a correction and lower low before we go up.