We can have a simple calculation on the support lines, for example if bitcoin drops to 1 dollar everyone would say they would get it right? Well the thing is if bitcoin dropped from 8 thousand to 1 dollar then nobody would buy it, there must be a reason for it to drop that much, hence there is actually no real value to bitcoin, if it was even 1 dollar people would still be acting around the same way they act on 8 thousand.

Some people would buy it, some people would panic and sell it and there would be about the same issues we talk as right now. That is why it is clear to me that bitcoin could be 1 dollar each or 1 million each and it would still have no real value, it is 8 thousand dollars right now each and that is its value right now, tomorrow who knows what the value will be.

My mother in law goes to casinos almost every year, she just has a group of friends and because they are a bunch of people it is cheaper for them to get a flight booking plus hotel booking and since they gamble there it costs them very small for all of the regular vacation stuff.

She goes there, sits on the slots all day and "gambles" all day with about 200 bucks and usually wins money or has break even. This doesn't mean she is a successful gambler but the woman literally managed to have one week vacation every year for the past 20 years for almost no money at all to a place that has super entertaining stuff from gambling to famous people singing to great food and even free drinks on the house which I consider as a win.

If you want super successful people they are already famous and you saw them on your google search, all the small ones are the ones like my mother in law.

I feel like it is much more work, I don't know. Not for legal reasons anymore because I had the chance to play sports betting with fiat and still declined it, I can go to somewhere close with casino (illegal where I live but legal not far from me) and could play any game I want in a casino but all are definitely a lot more challenges. Since its illegal where I live I can't play online neither so that is out of the question. What does it leave me with? Well crypto gambling.

I can totally play sports betting where I live with fiat too don't get me wrong but it just doesn't feel like its as far as bitcoin ones, the odds are better and the results are quicker and the games are more fair (and the sportsbooks are more fair) so it just makes things easier to play with crypto.

I guess it is their job to keep those big companies that need the printing of money continue so why would they talk about it. If you read the book "I want the earth plus %5" you will realize that printing money will never end, the moment FED stops printing money then the big companies will not be able to keep getting more money, if two people have 100 dollars and one gets 5 bucks from the other person then we have two people with 105 dollars and 95 dollars, if that continues forever then eventually one will have zero while the other have 200 and then the person with 200 will not be able to get any more money from the person with zero. That is why FED needs to keep printing money to keep this system continue otherwise it will end badly for everyone involved.

I think manipulation can work both ways, after all we all love it when bitcoin prices go up and hate it when it goes down. It is easy to blame the manipulations when the price goes down however it exists during going up as well. People do tend to manipulate it while it goes up too. That is why we have to accept the existence of manipulation during the both sides of the price movements.

Right now, there are more people buying bitcoin longs then shorts which means even the manipulators think that bitcoin price will go up, maybe we ran out of ammo for now and not going up too much but we have done over 100% in increase so it was expected to stall a bit at some point, not like we can go to a million dollars in a day, so we are regrouping and reloading and we will move further when we are ready.

I think the clearest contradicting statement for this is that Ohio state is accepting bitcoin taxes as it is. Which means there are plenty of banks in USA that literally helps crypto companies and they are capable of opening bank accounts and run a business and they are good enough to pay taxes.

The weird part about the increasing sectors like weed sellers right now who got their green light to be legit and crypto companies pay a lot of taxes because they are recently accepted and they want to pay a lot of taxes to show that government can profit from this and should keep it open, whereas stuff like banks do not pay taxes as much as they should with accounting shadiness because they know they are there. All in all crypto companies pay taxes which means they can open banks, just not globally everywhere in the world but there are plenty of places they can open accounts.

I think binance is not going to drop anywhere. It may have some small drops and so forth but its going to be increasing in value as long as we have binance. If something happens to binance one day and it gets hacked so much that this time they have to close the exchange and what not, then yeah we can totally see BNB dropping to 1 satoshi and even more.

However, until that happens binance exists and bnb is its coin and everyone will be using BNB for a while and that will increase the value constantly. They burn BNB too which means there are more people using it everyday but less BNB existing as well which is perfect for a long term investment. I am not biased because I have no BNB in my account (just couple bucks from affiliates) so I am not saying this because I am some big BNB investor or something.

Honestly speaking, I knew that they were talking about this and they have been working on it for a while but actually hearing it makes it much more real. I really want to believe that this would be one of the first where companies create their own tokens and coins and work with that and profit with that because then all others will follow and the value of fiat will drop.

Think about it even oil is based on dollar (which it doesn't have to but the world picked dollar to value it) and if we stop giving worth to stuff in dollar value and start stuff like "steam coin" or "amazon token" and what not in the future then we will be devaluing dollar and all other fiat which was the whole point of starting bitcoin. We are sick of dealing with centralized currency so we want everything (even including centralized coins) that will drop fiats value.

The fact is that Binance was hacked and they still managed to get a lot of people keep trading on binance and not only that but even buy BNB it is just a shocking awesome marketing by them. I don't know how they manage to make people love them so much but people really do love Binance which results with the 10 minute IEO's and increase of BNB's and even after the hack attempt people not leaving Binance and just keep trading here.

BNB will be one of the best coins out there for sure in the end, they are working on its blockchain as well so it will probably be better than ethereum eventually, I don't think it can ever pass bitcoin but that is because I think nothing can pass bitcoin ever. It all depends on how the future IEO's will go, if its another craze like last years ICO then we will have BNB very close to eth.

To be perfectly honest even us the people who do not believe in these forks could use it for profits as well and that is not that bad. We do not believe in the fundamental ideology behind it and may not agree with the creators of it but the reality is that they are spending buckets of money to keep it up and why not take advantage of that. Buy it when its low, let Craigs and Jihans of the world get it to a higher price and sell it while profiting.

You do not need to be a bitcoin cash or bsv lover to make money out of them, you just need to be a careful day trader and that is enough. Someone buying bitcoin cash doesn't have to be that person supporting it, it could just mean he is a good smart investor who will take money from the creators and that is wise enough move that plenty of people are doing it.

Technically speaking, could he be right? Like I know he meant bitcoin will be zero soon or something but I am not asking that, I am asking do you think bitcoin will ever be zero, even a thousand years from now? We live in a world where technology is improving insanely quickly. This means we will be going to mars soon, we will probably not have fuel cars very soon, we will stop using oil and go to clean energy as well which will help the world survive a bit longer.

Many more major things will happen soon, like in next 50 years. What do you think about bitcoin in the years after that? Like the year is 2219 instead of 2019 which is 200 years from now, do you think bitcoin will exist? Do you think dollar/euro and all fiats will exists? I am not 100% sure but it feels like it may not, idea of "money" may be gone one day.

I was lucky for a while, when it hit the first 8 thousand I said that is about enough and cashed out and actually wanted to do something with my money.

It could have been something that would erase it forever like a big vacation but I already planned my vacation (even though its small and not that good but its somewhere at least) or I could have purchased some sort of fiat investment, not like a house or a shop because they cost a lot but maybe something closer, it could have been even for a partnership with an existing business by buying some shares of that company.

However, as soon as I sold it started to drop and I felt amazingly lucky that I sold, when it hit the recent bottom I said I am not going to decide on what I am going to spend this on just yet so I might as well just keep it on bitcoin until I decide and bought back. That wasn't because I am some sort of clever trader or I checked the charts or anything, I was just purely lucky on my timing .

I think people are still not that much knowledgeable about bitcoin just yet. I mean most of us know it and here but out there in the world there are many people who never heard of it and much more people who heard about it but didn't actually do anything about it. They just heard it on some news or something and they believe they know something about it but mostly its just news and the name. They don't know the details and how it works and where they can buy and sell and what not.

It means there is still a lot of work for us to actually present what bitcoin is with a very fine detail without putting too much junk information in it and explain it to people. This google search clearly shows the fact that we have a long way to go and lot of work to do.

Why does no one work with cash I will never understand. 3 simple steps is all you need, withdraw the bitcoin (doesn't require bank at all since you are withdrawing bitcoin), find someone willing to buy that bitcoin, give that bitcoin to him and he gives you cash. End of freaking story.

I have seen too many people trying to work bitcoin on their privacy and do not want everyone to know about their bitcoin life but that was literally the idea of whole of bitcoin, having some privacy and not having banks control over your bank, how the hell can't you find a way for something that literally is the whole reason why it was created. Nobody should be lazy enough to not even google something, if you google "selling bitcoin for cash" or something you would have found a million results.

I think sharing what you are doing is a good way to show the world that you didn't quit your job to become a full time crypto trader out of nothing. Most people would tell you that you are a moron for doing something like this because bitcoin is unpredictable and many of them do not profit the way a successful trader does but as long as you keep sharing your trades here and they see that you are the real deal they will realize that maybe it wasn't such a bad idea for you.

I am more of a long term investor myself so I didn't went the exact same route that you did but I have kept working and working real hard for bitcoin to make money and kept it aside and now I am capable of living without going to work somewhere, I still work and make money on bitcoin like you but not trading, just putting my effort. People like you do give hope to people who dream of what you are doing. You are a legend, keep up the great work.

We had a great reversal recently, that drop is now fully recovered and we are at a break out point, right now all I can think is how high it can go and not how long it will fall. Could it go down? Absolutely but to me according to my calculations right now we are at a single threat line point where even a small jump up like 100-200 dollars from this point would make bitcoin go nuts and have another bull rally.

We all want it, we all expect it and we all decide the market anyway, the price is what we believe what it should be, if people say 8 thousand is too much and sell then it will go down if they think its not enough then it will go up. So, with that much power in our hands and the belief that it will go up and expect it to go up then there is no way it won't go up.

I think pizza day is just a symbol, I am sure there has been plenty of stuff happened much more worse, I remember reading somewhere someone spending 15k bitcoin just to prove a point and that money is now gone, like a technical thing that doesn't exists now but that dude sent 15k just to show that it was possible to abuse blockchain, I don't know if he managed it or not but that money is no more that is what I remember. Still 10 thousand bitcoins for a pizza is still one of the funniest things in the world, right now that pizza costs about 80 MILLION dollars .

I am sure it was the tastiest pizza in the world and the weird thing is, we all have eaten pizza but I doubt we remember when we ate it, we may remember eating it but at least not the date, this dude has eaten a pizza that thousands of people remember the exact date of .

I wonder how much Craig paid his shills to go around the internet and talk about bsv, it is literally worth zero and getting traded on less and less exchanges yet since the volume is incredibly small he is capable of manipulating it much better.

If there is no volume on a coin having someone buy thousands of bsv all at once will make it go up, that is just simple technical analysis but that doesn't mean it will worth anything to other people, Craig has no other choice but stop investing into this one day, otherwise he will have zero bitcoins and bunch of this worthless coin and even though he is a crook and a liar he is not an idiot, he will definitely realize he can't sustain this forever and will instead keep his bitcoins and eventually let bsv die.

Depends on what they will use it for. If facebook is serious about this and will make it their mission to actually worth something then I would totally buy it, I don't know where the exchanges will be or how we will be able to buy or sell but in the end if its not something like an experiment then it will have a decent value.

Look at facebooks stocks, even though it bottomed after that Cambridge Analytica or congress and what not deals its still quite more than when it first started out and that is with facebook getting less and less used but they bought instragram and whatsapp which made them worth a lot more. However, if it is just some sort of blockchain experiment then there is no need to actually buy it since it will probably be shelved quite quickly.

We do have a bit trouble breaking these price thresholds but I think it is definitely okay since we have already come thus far and that is enough for me, I can wait here for months, it is certainly better than waiting out at 3400 or whatever and not being able to break 4200 at all, since we managed to break that we can manage to break this as well since it has less resistance.

The only difference is we stayed around 3400-4200 for months and managed to drop the cost averages down and we have managed to gather much more money to break that 4200 level and whereas we have been here for a bit over a week now so we need to gather back the fiat required to break this but in order to do that some people need to keep buying bitcoin while others need to keep selling bitcoin but keep that bitcoin combined and attack all at the same time helping out the people who bought bitcoin to create that chance for them.