Well, that is why you should take the chance now before big investors start popping in later on. Someone who invested so little back at 2010 would also be in the category of big investor at the moment, no matter how little they bought back then.

I would say it is something that almost everyone should fix in their mindset, an investor is an investor as long as you are putting money into something, and what you put is what would determine the level at which you are able to make some pretty good profit in the long run, but for a market that is growing every day, it is something that will always be bound to happen.

Generally, the bullish sentiment is actually brewing gradually, and we are even getting to see some news recently that would probably bring about more bullish sentiment as we move on to the end of the year till next year.

However, everything would still have to take time and we will most definitely get to see how things would have to turn out first, but for now, we just have to assume that the possibility of a bullish move is there based on optimism anyway. However, if we are really to look at it now technically, it is not actually something I expect until at least we see a break out and we are still currently on the verge of possibly seeing that happen either ways.

Of course, and they will always be ready to go into an investment in bitcoin judging from what they have seen with the market generally so far. It is a great start seeing some automobile company already doing this and for what it is worth, at least in the long run when we start seeing real life usage in a big way, we of course will see most sectors around the world being affected hugely and positively with automobile being one of them.

We may not be where we want to be, but at least, we are not where we used to be and I believe there is a lot that will happen in the long run, but for big businesses, it is a very good start.

Well, that last part is true to some extent, but we also have to realize that even if it brings about transparency and transaction tracking, wallets are not necessarily attached to one single person which makes the idea of not being able to track P2P transactions before they can even say it is going to be taxed will be a hard thing to achieve.

The only way taxation can be effective will be through the exchanges, and just like you said, the chances to even evade tax without reporting your actual income is always going to be there somehow with blockchain and in that case, there would be some limit for the government when it comes to taxation.

I honestly think it is incredible that people are still remembering this. It should have been long gone and forgot already. Can't believe it keeps coming up constantly every year or two. Since today is the day nothing will happen I hope people will start forgetting this and we can move on.

There is nothing special about today and nothing will happen today, it is exactly the same as the 2012 year would be end of the world (well I doubt we are living since 2012, it has been all downhill since than tbh) yet no big deal happened in 2012 and we are still living, this will be the exact same scenario.

The crypto world right now is a deep sleep and many people moved their investments out of bitcoin which means the volume for everything is quite low. The ethereum deal is mostly caused by all those ICO people cashing out their funds from the ICO they collected which makes ETH drop very far away, while bitcoin is not always dropping, the slight increases in bitcoin causes altcoins to lose value against bitcoin even if they do not lose that much with dollars.

I honestly believe that people who cash out their small coins first trade those coins to bitcoin and cash out later, which causes bitcoin to have 1 in and 1 out but the altcoin to have only 1 out, which causes altcoin to drop but doesn't affect btc.

Yeah, Monero is actually good for day trading, but it is not only Monero. Moreover, the thing with day trading is just for you to have a pretty good strategy so you can know how to go about your day trading and that is one thing a lot of people do not have and no matter the market you attempt to day trade, at the end of it all, you would still be losing a lot.

I personally day trade 3 markets, Siacoin, Monero and Binance coin but one thing is that even though you attach the same strategies to them, you still have to consider a lot when it comes to applying those strategies and making good use of their fluctuations and without knowledge you will wish you did not even attempt to day trade.

I think bitcoins dip from now on is 5.8k , I do not think we will ever go down to 3k and it will not be reached anytime in the future ever. Now I may be hyping bitcoin a lot but lets take a look at the miner fees and the number of people who have spent thousands of dollars on mining these stuff, considering they have spent thousands of dollars even millions of dollars into mining I doubt they will be fine by selling for loss and they won't sell for slight profit neither which means they will require it to be high and won't sell under certain price. In 2020 it would be halving so the price will definitely not see 3k after that too.

I agree, I think it is definitely time for bitcoin to raise as well however it is not raising at all and I do not
know why. I think we need another bull run very soon but for that to happen we need to get the big whales and the institutions behind our back so they could help us out as well.

There are very few people that can make a difference all by themselves but if we all try to push the price higher and get the billions of dollars whales and companies have towards buying as well than the price will increase a lot easier. However if they keep trying to cap us off and keep us from going up than we can't fight them as individuals.

I think the cause is the panicers. People who panic during the crisis times have caused the price to go down a lot. I have seen a reddit post where a dude took out a 150k loan just to buy bitcoin while it was at its highs and when it dropped dude freaked out. That dude is basically the reason why the prices fall, because people like him who do not have money to invest suddenly start to put their money there even tho they know they will need the money.

As soon as it goes down a little every single one of those people take their money out to pay for stuff they initially had to pay. Because of these people the panic sell happens and the price goes down a lot.

Just because there was a bull run in december last year doesn't mean there will be another bull run this december too. Check out the prices in 2016 december, check out 2015 check out 2014 2013 2012. Was the price low and increase highly in december in all of those years? Or was it just last year? I know most people joined last december when the price went up and everyone got involved with bitcoin knows very little about the history of it but just because it went up last december doesn't mean bitcoin is something that increases every december. It is not like that, it moves when there is a big thing happening and that could be tomorrow or next year none knows.

I really do not see anything difficult at all in this journey. It is a downtrend, it is a normal thing and for one thing, it brings a good chance to be getting in at a very sweet price as far as I am concerned, and how you want to see it is left for you actually. The problem with a lot of people is that they focus so much on the short term and they tend to forget that over the years, this is nothing that is new, but at the end of the day, those who foresee the future to be bright and held on to what they had enjoyed it at the end.

Well, that reason you have given with ICOs using shifting focus from building a useful technology to just coming up with a shit trading instrument is the main reason it has been an utter mistake over the years and I totally agree with RodeoX. Altcoins have only been a distraction; even those without any idea just come up with whatever they feel like, without a product, just empty promises all in the name of trying to get rich from gullible people's sweat.

Sure, some altcoins may have been an exception but a larger percentage of them are shitty. Like he said, bitcoin is money and I have been using it to purchase for a while even if the real life usage is not enormous yet. I do not have anything against altcoins, and as long as someone somewhere feels it is right to give me their money so as to increase my bitcoin stash in the long run, then I am game!

As long as it is not this year, which I totally agree, I believe in the years to come, bitcoin will most definitely grow more than what you have even mentioned to be $30k. The truth is that no one can actually tell exactly what the price of a market would be at a particular point in time, in essence, it just comes and the only thing we find ourselves doing is trading the moment at the point.

For now, all we can do is to be patient, see how the market is going to turn out to be in the long run and keep being optimistic, waiting for the best which I believe with mass adoption in the long run, we will see BTC and ETH doing very great.

I totally agree. Like they always say generally, you are your environment. On a normal day, you get challenged by the people you see around you either negatively or positively and since we know that poverty has a way of secluding those in that category into a particular space, we tend to see them accepting that life, believing that is their own fate and then move on with how they just see things.

It would really take someone who gets lucky, or was able to have this inbuilt challenging spirit to be able to get out of it, most especially when exposed to such environment from birth.

Everyone will surely have their own strategy based on what they know, their knowledge of some of the indicators they have chosen to learn, and using those indicators to know how they should be reacting to a market at certain point in time, so in one word, there is no single strategy when it comes to trading. The best thing is to just find what suits you best, stick to it and use it to make your own successful trades. A lot of people tend not to be stable when it comes to using a strategy as they want to keep trying everything and that will always lead them to a lot more problem in the long run.

It is that simple! Betting all into cryptocurrency as long as you can afford to lose it or see it go down in the short term in case things don’t work out as planned, is definitely going to bring about some form of emotions and your decisions being affected in this vein.

Usually, when it comes to the commitment of a team and a team that really keeps developing and is active with the community, it helps you to really know how far development is going with a project and that would always be able to inform your decisions as the case may be.

Normally, stomaching a dip will always depend on your perception to the dip and the nature of the market in the long term and in the short term. Those who put so much of their attention on the short term are always prone to not see the dip as something they should not be bothered about and should indeed be taking advantage of but because they are so much looking at what is it they are not getting shortly from the market, the lose sight of the long term at the end of the day and that indeed is very bad. If you cannot learn how to trade and be ready to do it effectively, then the best simple thing to do as you said is to hold.

Normally, in every bear market, sellers are always more than buyers and we get to see it the other way round with a bull market. The thing here is that the market was driven hugely and speculatively last year and the result of that is what we are experiencing at the moment.

As long as the whales will always keep being in the picture, the market is speculative, and we have not yet seen proper real life usage, we will keep seeing the market being driven up and down as the case may be.

For most markets, it is always something that should be expected. It is normal some times to see supply grow larger than demand based on certain perception of the market and how things are, and then in some cases, we will always get to see the possibility of seeing demand get more than supply and this is when we get to see the market move up accordingly.

it is just part of the market and all subjected to the law of demand and supply which I believe even as time goes on, it is something we will always keep getting to see except for the volatility reducing on the way up and as we see real life usage/