Yobit is also seen as scam by many people as well but for some reason not that many consider it a scam. They had an amazing signature campaign here once, and they literally gave away hundreds of thousands of dollars away for that signature campaign I am sure, there was literally no limit and everyone was capable of joining and it paid like insane and nobody has ever came close to paying that much. What did that bring?

They were known as a scam website with many people warning others against using them and now they are known as the website that gave away money to people, so I assume it was worth it. However that doesn't change the fact that the website is still as shady as it comes and they have blocked many peoples money all of a sudden without explanation.

Definitely marketing is the most important part of any project ever. Think about it, have you seen bitcoin cash ever accomplish anything? Why is it even a coin? Does it help anyone other than the creators? What is it for and where can you use it?

We are talking about a coin that is literally worthless in every single sense of the word and there is nothing that you can do with it yet for some reason it is one of the highest currencies in the crypto market. Why? Because they have a lot of money and they are super wealthy so they just hire the best marketers in the world and they keep themselves always on the news, whatever they do, they will always be on the news, it could be even a bad thing but as long as they get that attention they will worth a lot in the end.

Honestly, it is not that far away from the 9678 price right now, it is just 8700+ right now, that is significant drop from 9700 but also it has been a long time since that was the price and the price didn't dropped all that much when you consider how long it has been and still didn't keep going down.

If it was just a recent fall I would say it is risky right now but price already went down as much as it can and nothing changed, if it went down like 10k to 9k to 8k to 7k t 6k and so forth I would be afraid right now but it didn't and stopped after a certain amount of drop.

Let's see what holds in the future but I am not too gloom about going down, I do not see it going up anytime soon neither but I do not see it going down neither. Lets see what will happen but I expect a stagnancy for a longer time.

I can get you. I would like to explain this with my individual story. At the initial stage, I failed at trading more than 50 times which even made me loose major part of my earnings. What you are saying is that I should have been stopped trading after having these many failures but I did not find stopping reliable.

Trading has turned my interest in which made me actively trade just to gain experience and not profits. Those 50 times I failed made me gain a huge experience as I almost spotted each mistake which made me land up in loss. After these failures, I started having profits. Those profits started to rise as per the time passed by and today I can even serve myself a good source of income only with trading. Understanding this, I would never prefer anyone to stop trading.

You must be joking . How did you even know that you can’t make a lot of money from freelancing? The truth is that you should do what you’re good at. I know a lot of people who have made lots of money from being a freelancer and that’s what I’m into as well.

Trading is good, but lots of people lose their money from trading, while freelancing is all about skills and working hard to get what you want, there’s nothing to lose, you just offer your services and you get paid. I know someone that was able to build a house by making regular sales on Fiverr platform. So don’t say that there is no money in being a freelancer.

There are lots of good DEX out there that you can use, but people don’t pick interest in DEX except that a centralized exchange is hacked and they start looking for decentralized exchanges to trade on. DEX are good but they are not easy to trade like when you’re trading with Centralized exchanges. As for the best DEX I have seen so far and the ones I have used, the number one on my list is Bisq, I just like how their exchange is designed, it looks really good.

The next other good decentralized exchange is IDEX, this one is already very popular and you might have heard about it, It was even the first decentralized exchange that I got to know about. Then if you’re making use of Binance you might know about their launched Binance DEX.

You’re referring to the past and I guess the mentality we have now and then isn’t the same. And moreover you didn’t even mention what country it was. And there’s something else you said about only the rich being taxed.

These days people are so greedy and they want to stash up lots of money and not give, because they don’t think that it’s worth giving, they just want to be the ones that are taking and nothing else, they don’t want to give out their money. Lol imagine giving the rich person a road and such projects to work on lol, they will feel you’re giving them extra expenses. Well, I do know that there are some of them that are good.

Yes, on this year valentines date the price of Bitcoin did go up but I am not going to say that it’s of that because the price of Bitcoin was already going up before that day I can remember, so I am not going to say that its because of that.

Maybe it’s just a coincidence that the prices are going up on most of the Valentine days. I can’t really see the kind of impact that Valentine day can have on the cryptocurrency, people won’t just wake up and start buying cryptocurrency just because it’s Valentine day. There are things that I believe that can cause the price to increase and this is not one of them.

I’m sorry, how did you get to know all this? From which sources did you get to know that there are money that are leaving from the traditional markets and moving into Bitcoin? And how did you come to the conclusion that cryptocurrency will reach $300,000 or are you referring to a price we are going to reach in the future? Because I’m very sure that we are not reaching that $300,000 anytime soon.

I hope your analysis that you have made here is not influenced by these crazy so called influencers that keeps making wild speculations that never happens. That’s how they predicted $700k, $1million and other huge amounts for 2018 and 2019 but they ended up being disappointed lol.

If you think gold is trash you should stop investing in it and focus on what you like. It’s not a must that you will invest your money in gold, that’s why there are lots of other assets and stocks like silver, Bitcoin, bonds and a lot of them.

Yesterday someone also said that Bitcoin is trash because of the price that kept decreasing recently, and I can tell that most of the markets decreased as at around this time. There is really nothing like a safe haven, there is a time that what you feel is a safe haven can turn out to fall. No asset/stocks goes up forever, there are time that their price can fall and there are also times they can go up.

Exactly! I don't even see what's wrong if someone watches porn because they are not doing any crime, it is just the conditioning of our mind that has been set to such standards where we feel like watching pron is almost next crime and one caught doing so will be ashamed. The thing that needs to change is the mentality of people not the payment methods.

But, porn comes with an anonymity issue as most of the porn viewers usually wish to remain anonymous and with credit card payments most of the people feel hesitant because they feel like they are not anonymous anymore.

Sorry you bought your 2 bitcoins at the bearish markets still the good thing is, you are still holding it. I appreciate your patience. Never lose that. You will be rewarded for your level of patience with bitcoin markets and not just for your decision of opting to invest into bitcoins nor to your level of capital amount.

Yes, believe me! People who bought some 10 bitcoins might have sold them when they had first seen $14000 after bought at the same prices like you. I mean if you got guts to hold your bitcoins till 2022 then definitely you can see some big profits which may be 2 millions as you are holding 2 bitcoins. For this year 2020, we may expect a new ATH by end of this December as we have halving in-between. Anyway definitely you will enter into positive zone this year. Keep rocking .

Last week was completely different from what we had in February and in late January. Because, last Monday bitcoin did not had any new downfall because market already fell down on last Friday itself. Fortunately, today market showed some green % of changes unlike what we had last 2 to 3 days.

Actually I was in plan to make use of this kind of short-term (within a week) trend to trade bitcoins to gain few dollars. But suddenly market reacted differently due to most probably Corona virus. But, I made use of the recent down fall of bitcoin market by buying some at $8500 levels. Still, I will not give up as I will keep on looking for studying the trend so that I could make some short-term trading even I am a true believer of long-term holding.

You sound too realistic but fortunately I'm not a short-term trader hence I never need to worry about any bull trap or panic sell scenarios. These are the concerns only for the active traders and for the people who believing in to making use of dips for buying, definitely no need to worry about them.

Panic and uncertainty due to corona virus must be one of the important factor every bitcoiner must need to consider at this moment. Because, it must be completely all-new factor which is highly influencing world economy and economics of bitcoin too. So, we need to react according to the market fluctuations this time because we have never experienced what such worldwide economic panic will do in the history of bitcoin markets.

Steady price is something which we cannot imagine for the bitcoin markets right away because we are still in early phase of bitcoin revolution. Steady price for the bitcoin markets will be possible when there will be at least 33% of world population adopted bitcoins. Bitcoin is trying to break its strongest resistance levels around $10,500 and for making it broken, it is gaining power by having a short term pullback toward $8200 levels. When market is fluctuating within these price levels, it may seem like it has achieved some steady prices.

Overall bitcoin market is into the early stage of bullish mode. When trend is about bullish mode, how we can expect about steady prices.

Having a lot of money to gamble does not make someone a professional gambler and actually there should be nothing termed as professional gambler because even if you are well experienced you will still face loss and need luck.

I am not really sure what you want to convey here because I do understand the part that no on should be boasting and bragging about their wins but I don't see anything wrong either if anyone does so. And you said they should help people manage money. How is it it even relevant in the context of the discussion going on? Maybe you meant to say that they should offer such services where they guide others about wealth management but it does not coincide with gambling.

I hope your wife is still with you.

I feel the pain you must have gone through but I am really puzzled how despite knowing all the negatives about gambling why are you still gambling, I mean you know the pain and the suffering caused but you cannot just leave it? If such is the case I strongly recommend you to visit a psychologist as soon as possible please.

I cannot imagine how additive gambling has become now days that despite knowing the true facts we cannot detach ourselves from it, I too was a gambling addict but never too serious and never had to take too much stress for it.

There was a general drop in the stock markets all around the world, I just simply reject the idea that corona has the power to drop all over world's biggest powers to start losing money all of a sudden.

I am not down playing the affects of corona and I do think it is a serious disease we should try to get rid of but that doesn't change the fact that we can't down play the stock markets all that much neither, these are trillion dollars worth of money we are talking about and companies that are trillion dollar worth ones as well, we can't simply just say that stock markets would go down with just one virus break, it didn't during ebola and it didn't during SARS both of which were worse, it won't for corona neither.

Some people here are really confused. The op is probably right. Yes cryptocurrency cannot replace fiat because it is decentralized and cannot be controlled by the government. If it cannot be controlled by the government then don’t see the need for it, because they believe that the way cryptocurrencies like bitcoin functions they can lead to a lot of bad stuffs and can be used for illegal purposes and other things that are not good without the government being aware of it.

The fiat system is centralized and is being controlled by the government and you should read the importance of centralization. Government can still create their own cryptocurrency, but it’s going to be centralized and citizens will be able to convert their fiat, e.g USD, for the cryptocurrency as an asset. And they are going to have their own blockchain.

There is no need for them to be working together. You can take the real world market as an example: there are lots of businesses with different purposes. They all do business but that doesn’t mean they will work together.

Reddit is a social media platform and Facebook is the same as well, but that doesn’t mean they will work together, rather they will work differently and offer services that differs in one way or the other but still the same purpose of being a social media platform. That’s how cryptocurrency should be, and that doesn’t mean that there is no adoption, adoption is not going to happen in a day. As time goes on people will get to know about it and also adopt it. So chill man .