I don’t know about the United State system, but in my country, anything that has to do with government is like court case, you take a case to court and it takes 5 years for them to pass judgment and same as government, you take a proposal to them and it would take like everlasting for them to act on it also, if that is the case of US, what is the point wasting time to wait for them when they could be in this issue for the next 5 years after the system must have even found away round to get the effect of what their ETF approval would have gotten.

And then I doubt if the SEC would really approve this as we know that they have even once been against cryptocurrency, so there is no point thinking they would really be convinced about it and change their mind.

Lol, my dear, you would not so much blame them, they are all relying on technical analysis that use to be blind sometimes too to this because I believe that when he made that prediction, he must have thoroughly analyses the market using the charts available for him and I guess the chart pointed him to that direction, but I would still not blame him at all, because there was already a clause to his prediction, he already said the it “COULD”, which means that it is under probability that it will rise that week.

The market is just so much volatile that it could really get very difficult to predict, but I believe that something will surely happen that will make the price to surge, maybe we could even be lucky to get the bull run this time around.

One thing I don’t get about these their own cryptocurrency is why they would choose to use the same name as ripple, and I think if this is not a mistake from this article, that would be the first place where they would shoot themselves in the leg because many people will take the coin for ripple and then buy more of ripple rather than buying their own coin which will create lots of demand for the ripple coin.

Whatever coin they have created will only be within their country because it will not cross the international level as no one would believe in the coin, they would simply just take it as a centralized coin which us exactly what it would be, so why would people choose centralization over decentralization of bitcoin.

Since, it is speculation that controls the market, people will want to use one thing or the other to create awareness for whatever coin that they invest in, and you know that there is no way you can ever satisfy people, people invested in altcoins because they felt they could use little money to make so much money because altcoins are very cheap in price to accumulate, but despite that, we still have so many  people that prefer to invest in bitcoin more because of its reliability and that is why bitcoin will always remain dominance, so like you rightly said, we need to quite complaining on everything and just see the opportunities that are right there for us to use and make money from every situation.

Would you like to show me that effect that you mentioned here because I think Litecoin value has still not moved that much after the halving, though I am still trying to give it a month time frame before I can really conclude if the halving had any effect on it or not.

For bitcoin that was going down when you posted here, it was just still the normal correction and I am sure that it is just prepping itself for a great surge, so we are here to see what is going to happen, but for Litecoin, I am not even hoping on the halving to do something much, but I am hoping on altcoins bull run, what I am watching bitcoin ot for now, is to know when it starts to consolidate, so we can have some top altcoins that we have invested in start growing too in value.

Well, we can’t say until we see it happen, first ask yourself, as you have heard the news right now, how  does it hold in your heart, it is pushing you to buy more Ethereum because you believe it will have many positive effect on the market, so use your own thought towards it to judge.

If I am to judge based on my own opinion, I am not sure that it will add any better value to the price off Ethereum, because this what how we expected their Constantinople’s to have effect on the value of Ethereum then, but even after the upgrade, nothing had happened. From this their new upgrade, if whatever they are proposing to fix with it is really worth it, it might had some value, what would really cause the fomo is not the upgrade itself, but a suddenly price increase which will make people to start buying out of fear on not to be missing out.

There is something that you will think will not be possible until you see people carrying it out smoothly without issue. I know that when it comes to loan, lender would either need collateral to do so before lending the loan and some interest rate will apply to it, but now that we are talking of bitcoin, don’t forget that it is a decentralized system, and everything would just operate n decentralization and those who would offer the loan would have also mapped out exactly how it will go.

If I was ready to go into loan business now, I would have just gone to the loan section to really see how things are being doing there, and I will ask you to really visit that place, I am sure you will get more understanding about the way people offer crypto loan without a physical collateral.

The fund was actually from user’s fund, just that it was targeted at some account, maybe those accounts that has those bugs that could make them crack the wallet through Binance, that is why they made refund of the $41 million, if it was from their own personal account, they would not have had to refund anything again, but let’s keep that aside, that was just a onetime mistake.

I am sure that they have put everything in control, and when this issue of second hacking of data came, I really doubt the truthfulness of the news, and I dint think that they will be that loosed again to allow a loophole in their data system, except maybe they never imagine that someone could be interested in the data, and if that case was real, then some people may have deliberately done that.

One problem that I have found common with most of us in the cryptocurrency community is that we like to use cryptocurrency talks to just discredit government system, and this is quite not too good or healthy for us, now that Andrea has mentioned that bitcoin and Facebook will be the end to retail banking and he even analyzed it, you think that those retail banks will fold their harms and watch has their system is being destroyed.

You think those who has been employed through bank would want to understand that language that a system could make them loose their job, common, we have to be very watchful of what we say so that we will not anger the government into banning cryptocurrency, everything we say should be more of how cryptocurrency would help better the system of bank and not destroy it.

It is only government that can really help in this situation because they are the ones that keep empowering these big companies more, and funny as it may stand, it is still government loan that some of them used to become that powerful, no one is saying we don’t need large companies, because to really handle the supply and economy of a country successfully, we really need big time players, but whatever services or products that they sell should be in such a way that they will not be the only ones that is imposed on people, there is need to actually give these smaller companies too the ability to expand and thrive.

It is better those smaller companies loose to competition than loose to monopoly, it could really be disheartening when they cannot test their ability.

I don’t understand why people think they need to understand the machine language for one to be able to use bitcoin when they’re not creating a cryptocurrency out of it or when it is not the blockchain technology itself. When satoshi was creating the system, he never wrote anything like we need language to input into anywhere for us to make simple payment or trade with it.

It is mostly everyone here that is using bitcoin for just payment and some trading with it and what else could be simpler than just putting figure and then clicking that button of send. The only thing I think is just hard to know is the wallet address which is not necessary to memorize it provided you have it somewhere save for you to copy it out. That is the only thing I feel is just complicated for those who has not knowledge of technology.

There is a special place that has been created for special people like you mate, and that is gambling section which I am glad that the forum members there would be glad to have your post over there, because here, we strictly discuss economics, and we are not much interested in gambling for us to really understand what you are talking about. Like me, I hate gambling a lot with passion, and I do see most people that gamble as a non-serious fellow with so many things that is in this industry to make use of.

If you want to talk about trading, cryptocurrency, its effect on the economy of the world generally, they we will be very glad to have your post here, just like my other mates has suggested, it would be necessary that you move the topic to gambling.

Altcoins doesn’t have much investors as compared to what we have in Bitcoin. Investors are always interested where they think they are going to make profit, that’s the main thing that matters to every investor profit. If altcoins are not going to make them that profit, then they wouldn’t go for it. And since Bitcoin is the first cryptocurrency to be known, that gives it the advantage over others. Wherever cryptocurrency is mentioned the first thing that comes to mind is Bitcoin and nothing else and it is already highly recognized. The 2017 bubble is another thing that made Bitcoin to be very popular, no ALTCOIN has performed as much as that. So if they place these two, you’re definitely going for Bitcoin as long as you know you’ve got what it takes.

That’s a lie, don’t deceive yourself. It has not even been pumped to anything, it still even has more to accomplish. The one that happened before was just the first and there is still many more to come as the market cap continues to increase as well. I believe that in next year there is going to be a bull run or maybe before the end of this year. Altcoins don’t perform as much as Bitcoin when it comes to price increase. Bitcoin has the highest number.

If these new coins are perfect then we may start seeing that they will be killing Facebook coin, and the only way to actually kill these coins is by playing with people’s mind. These cryptocurrencies are things they can naturally not pronounce dead, but they discourage people by declaring them illegal first so as to keep people away from it.

The acceptance of these coins all depends on us, although I for once never liked Facebook coin because they look quite distrustful to me, and the fact they are creating a stable coin which would not benefit any one that invested in it except using it for their own services, same as other coins that you mentioned along with Libra coin. Bitcoin still remains the only coin that will eventually stand alone in the market with time.

Great tips, investing in new coins now is a very great risk that it would take the grace of God to really get anyone that would not eventually scam or close up along the way even if some of them push thee project forward a bit. I have seen so many projects too that pushes for likes some months and then breaks down along the way because if the lack of strength and will to do so.

I think like you right said, it is best to just invest in coins that are already old, and the ones that still have very active development in the market and also falls with the top 100 in the market. These are the projects that investors mostly look into first when they decide to invest in cryptocurrency, so if anyone is to have it real good with  a piece of cake, best to pick from top 100.

I don’t understand you bro. Gambling is for entertainment and yet you know those who are making money. Isn’t this confusing.  I would say that we should learn to call a spade a spade and be honest. Many are ashamed to admit to playing for money because they are thinking about what people will say but in their in their inner hearts, the reason they are playing is actually to make money, this is very funny.

Let’s not get it twisted, gambling is for money, as long as everyone that plays desires to win, then it’s for money, this does not stop the entertainment in the game but its better we stop making those who make money from it feel guilty, as a matter of fact making money in gambling is different from taking it as a fulltime business.

Exactly bro. I think it all depends on our definition of professional gambling. I could refer to myself as a professional gambler because in the time past, I have been able to successfully handle loses, manage wins and also control my emotions not to feel terrible when there is a great loss. Being a professional player does not mean we do not make loses but we have the ability to handle it. This is the reason you will notice a player who that can buy a car from the profits he gets from gambling and another player that has not been able to buy a pen.

I also believe nobody did a course to qualify as a professional player, it all depends on individuals. There is no harm in gambling professionally and also I don’t think gambling as a career is the same as professional gambling.

Seriously does anyone remember when was the last time we peaked like this? Bitcoin price is not that high neither, I mean it went up for sure but than altcoins didn't catch up to it. Normally, when bitcoin price goes up than altcoin prices go down so dominance going up is something expected but than when bitcoin price stops like it is stopping right now all other altcoins start to go back up the price what it used to be, right now its not doing that anymore.

I suppose this is a good thing for altcoins right now because its at the all time low expectancy for most of them, bottomed out and only place for them to go is up at this point. I know we have said that plenty of times in the past month but hopefully this time it turns out to be true, I have a lot of small coins and a bit of eth, I really hope they go up soon.

In my opinion, under $10k is not a gift, it is a scare.
People do not realize that during the bear run people are not sure how further down it will get and after the bear run is over we are kicking ourselves for not getting more.

I have just recently witnessed the same thing on a smaller coin, it was going down and I didn't want to sell because I didn't want to lose my money and I instead bought more to drop my averages and recover whereas it went on falling even further down so I am now in bigger debt because of it.

Thankfully I didn't had too much to spare and didn't went in too much and I am always playing with money I can afford to lose but it is still a bad feeling. People are afraid the same thing will happen to them, what if bitcoin under 10k means it will also be under 8k soon? They don't know that until it is too late.

Both longs/shorts rule the market and they have their own different time of impact on the market. Like the whales you talk about, I think they are the ones that engage in short a lot which is why we do often see the price of bitcoin crashes from time to time, but still yet, they cannot all rule the market at the same time because they also have tons of transaction that clashes a lot.

Bitmex is not the only exchange where the whales operates, they operate in other exchanges too and because they come from different regions performing transactions at different time, you see prices go down now and within minutes, it has gone up again, and the main reason is that those large buyers enters the market at different time, and one can decide to enter the market while the other decided to exit the market.