I would like to hear what people here in the community think about it.
As far as I know, when there is a war, people are taking their money out of the stock market because they fear of instability.

I wonder what a situation like this may cause to the crypto market.

I think I just used the wrong text in the title


You're right

Price swings are not new to me

I just wonder what the influence of Bakkt will be on Bitcoin
and it seems like it won't be positive
 
but because of my lack of knowledge, I ask here the community

I'm not concerned about Bitcoin in the long run.

Keeping my bitcoin for almost 2 years

But I do wonder if Bakkt had and will have influence over the bitcoin price

Do you think it has a correlation? Or it's just some big players that manipulating the market?

The cryptocurrency market was overwhelmed with positivity throughout the past couple of days as all of the major coins were trading in the green. A lot of them scored double-digit gains, causing many to believe that we might have entered a new altcoin season. However, this notion was quickly dismissed as today the entire market is bleeding red. Bitcoin plunged around $600 in a massive red candle, bringing all other altcoins with it.



Full Article

I'm looking for high-quality market data source where I can pull the history of top 100 coins and also get live data

I wonder if there is any free source you guys know about?

I wonder what will happen to bitcoin and the crypto market if there will be a financial crisis in the world (2008 style)

From one side people will probably look for 'safer' place to put their money in
on the other side, many people see crypto and bitcoin as a risky investment

I would like to hear the community opinions about what might happen to our market in a time of world economic crisis

A year and a half ago Bitcoin dominance went down to all-time low
Somehow, Bitcoin still was the most dominant coin in the ecosystem

Being a pioneer gives bitcoin extra power that also in the future might not have a direct relation to the dominance percentages

I think it's a serious subject. Would like to know what's your opinion about it:


TL;DR

A group of Democrats on the House Financial Services Committee is calling on Facebook to halt its plan to develop a cryptocurrency-based payments platform.

The lawmakers, whose panel will hold a hearing later this month on Facebook’s Project Libra, wrote a letter to company executives Tuesday expressing concerns with the cryptocurrency’s security and oversight while stressing the need to protect users' privacy and thwart hackers.


"If products and services like these are left improperly regulated and without sufficient oversight, they could pose systemic risks that endanger U.S. and global financial stability. These vulnerabilities could be exploited and obscured by bad actors, as other cryptocurrencies, exchanges, and wallets have been in the past,” the lawmakers wrote.

"“Investors and consumers transacting in Libra may be exposed to serious privacy and national security concerns, cyber security risks, and trading risks. Those using Facebook's digital wallet — storing potentially trillions of dollars without depository insurance — also may become unique targets for hackers,” they continued"


Source:
https://thehill.com/homenews/house/451459-house-democrats-call-for-facebook-to-halt-cryptocurrency-project

From Cambridge Analytica scandal to actually selling people data for money
Facebook already used their power in the wrong way.

Libra will turn FB into the largest bank in the world (User base wise)
Can we really trust them when it comes to money?

What will happen when FB/Libra will get hacked again?

I found this article extremely interesting. It raise some solid points about How Many People Are Really Trading Cryptocurrency.

There's a lot of fake data in the market so finding reliable data source is pretty difficult.



After a disappointing 2018, crypto markets are booming once again.

Backed by institutional investors, growing numbers of individual enthusiasts, and broad support for its underlying technology, the blockchain, the entire crypto sector is seeing a resurgence.

According to data collected by CoinMarketCap, the collective crypto cap has nearly tripled since the start of the year. Led by Bitcoin (which has also tripled its value since its low point in 2018) cryptocurrencies are outperforming many other investment assets, including stocks, bonds, gold, and oil.

For those who witnessed crypto’s meteoric rise in 2017, this year’s activity might seem incredibly familiar.

Naturally, now that cryptos are once again an intriguing investment vehicle, exchanges are experiencing a deluge activity. Daily trading volumes have exceeded $70 billion, up from just $18 billion at the start of the year.

At the same time, some are questioning the legitimacy of this data, contending that it may be exaggerated or overblown. With individual and institutional investors alike flooding into crypto markets, now is an excellent time to evaluate the trading landscape and to consider how crypto trading really gets done.

Most importantly, it’s the right time to evaluate how these factors can help investors capitalize on the most recent crypto boon.


Full article here
https://www.cryptohopper.com/blog/240-how-many-people-are-really-trading-cryptocurrency

I heard people saying it won't affect bitcoin at all, and others say it might destroy it

I wonder what's your opinion about it?

What can be the worst case when it comes to Libra and Bitcoin?

An interesting article I read now that I thought will be interesting to share here and to brainstorm about.

TL;DR

Only after facebook announcment about Libra, regulators decided to wake up and they will make some changes in the near future when it comes to regulating crypto.

I wonder where have they been all this time?

If they will regulate crypto, Facebook will find a way to overcome it, and the smaller blockchain companies will be the ones that actually suffer


Link to the article:
https://cryptodaily.co.uk/2019/06/the-long-game-why-its-good-news-that-crypto-companies-are-stepping-back-from-the-us

I went to a bitcoin meetup in my town (I'm going every few weeks for almost 2 years)
Because the market is rising now I somehow got into a talk with like 8 people about what they did recently or plan to do with their bitcoins.

All of them didn't touch their portfolio since the beginning of 2018
They didn't even use it for a small transaction.

there is a topic that always someone mentions and that's 'Why would I use bitcoin to buy something today when in two months from now my bitcoin might worth double'

I don't use my bitcoins as well and in some way, I think that the hodl approach is hurting us. I would like to know what the community here thinks.

Last year when my grandma told me 'You should buy Bitcoin' I knew it's the time to sell.
She first heard about crypto after she watched in the news that Bitcoin reached $19K

Since then the market crashed and Bitcoin went down. I'm glad I didn't listen to my grandma.

Today my mother asked me 'Do you still invest in Bitcoin'?

It's a good sign for HODL
The market is in a great momentum

It will probably take a few more months until my grandma will ask me about Bitcoin again
Until then, enjoy the raid.

I read this article 2 hours ago and I think it's a great use case for more companies to understand the value of accepting crypto.

We are still in so early stage in this market and every time that a new website/company that decides to accept their site:

1. Gets a lot of media coverage
2. Get new clients.

Will be cool to see more use cases such as this in the near future




Link to the original Article:
https://blog.bitsofgold.net/a-bank-in-liechtenstein-grew-its-traffic-by-900-by-selling-cryptocurrencies/

When I said summarized I meant that I took the answers I liked the most.
I gave credit to the source

If you're looking to spread some negativity here go ahead

When I said that I read the comments It was from there.

I didn't claim that the content is mine.

I will add the source to the article

But the summarize of all the comments from there is something I arranged by my self (I'm gathering trading tips for the upcoming bull market)

Anyhow thank you for reminding it

I added the source

I went over more than 250 comments of people saying what they learned from investing in crypto
Here are a few comments that I saved to my self and I thought it will be useful to share it with the community:

- Only invest what you can afford to lose.

- Don’t be afraid to throw a little spare change into the occasional moonshot.

- Don't invest it all at once, do it in stages.

- Educate yourself on how wallets work and preferably get some hardware wallet, Not your keys not your funds.

- Don't expect that the coin with best fundamentals will bring the best gains. People don't care about fundamentals, they don't care about tech. They buy the hype and the coin with most announcements of announcements.

- Patience is so undervalued. And never chase pumps.

- Not selling when you're up 40x is literally retarded (obvious, but learned the hard way).

- Waiting for a buy-in price you like is better than settling for a price you know is too high.

- Don't invest anything significant in random low cap projects, even if you like them. Always approach low cap projects like you would some shady penny stock and expect that anything you invest could be lost in the blink of an eye.

- The Mt Gox price crash taught me patience and if in doubt, just wait and HODL

- The bull market makes you feel like a genius because every coin you buy goes up, but only the subsequent bear market will show which of your picks were actually solid.

- Adoption doesn't happen as quickly as most people think.

- Market cycles are a real thing, it's good to understand them.

- Don't listen to people who brag about some quick gains they made by chasing some pump - most of them will get rekt sooner or later and silently disappear.

- Short term swing trades are harder to pull off than they may appear. The short term market fluctuations are often irrational.

- It's much safer to play the long game: DCA buys around the bottom, hold patiently until the end of this market cycle and then DCA sell around the top.

- Don't leave money on exchanges. Even the biggest exchange can get hacked.

- Double check that you wrote down all seeds, passwords and 2FA codes properly and keep them in a safe space (Evernote or any other cloud space are not a safe space for your seed).

- Don't forget about taxes. Every trade, even crypto-to-crypto is a taxable event (in most jurisdictions). This can add up quickly. Make sure to document every trade.

- Even with all that hype in 2017/2018, it's not too late to join this game and make profits. We are still early on.

- ⁠never sell your whole stack

- never trade with your whole stack. not your keys, not your crypto

I gathered all these comments from this post:
https://www.reddit.com/r/CryptoCurrency/comments/bwojdm/what_have_you_learnt_since_first_investing_into/

Great News!

A huge victory for the crypto community.
After two years of legal battles, the Supreme Court ruled last night that Bits of Gold will continue to hold an account at Bank Leumi (One of the largest banks in Israel)

Source