I don't think bulls are tired. Instead, bulls have shown more strength than bears in the last couple of weeks.

People think it's easy for the price to reach $4000 because it's so close, and while that technically may be true, the thing that people ignore is the reaction that could follow would we test $4000. Bots are ready to sell down the price whenever it hits their selling area and will continue doing so till they run out of ammo.

I think it's fair to say that the bulls are trying to exhaust the bears by having the price hover around current levels for a longer while and then attempt to push the price past the $4000 level.

The whole ecosystem is working towards that direction as we speak.

The more of these exchanges go down, the more people will be motivated to look into dex'es and actually use them. We still have a long way to go in terms of catching up to the speed and volumes centralized exchanges offer, but the first step is set, and that's what matters.

Interoperability between different chains is what the ultimate goal is. It's a pretty neat feature if clients have it built in and people can exchange one coin for the other without any intermediaries.

I like that. Jack is a straight fella. He's a Bitcoin only dude, I wish more people were like him. He could easily choose to accept tons of altcoins, but he's not doing it. Lightning integration will do the service well, especially with how people love to buy thousands of smaller whole units at once instead of 0.0000 whatever chunk of a whole Bitcoin.

Who doesn't want to be a Satoshi millionaire or billionaire?

Him basically shilling his CashApp Bitcoin purchases will do Bitcoin only good.

I do like Peter Schiff as long as it doesn't concern Bitcoin.

In the end, the thing these people do is consider every crypto coin to be the same, so if they see that x project pulled off a scam, every coin at that point is just as bad and will end up turning into a similar scam. If they were to nuance their statements, and specifically point at ICO's and altcoins without any fundamental growth potential, I would agree with everything they say.

Jamie Dimon once said that Bitcoin could reach $100,000 before it trades to zero. That's quite an encouraging statement if you read between the lines.

What solutions are you exactly referring to? I don't think there is a solution to be honest. We have alternatives such as Bitcoin that will help us minimize our exposure to everything tied to the fiat system.

The majority of my wealth is locked in Bitcoin and it feels great. I would love to have the ratios be 90% Bitcoin and 10% fiat, but Bitcoin isn't mature enough for that allocation, but it will be eventually. The main point basically is that would fiat becoming worth less (beyond its current inflation point), it isn't really a problem for me with how my Bitcoin wealth continues to outperform fiat's diminishing purchasing power.

It's hard to please Bitcoiners, that's for sure. 

All these products we see legacy institutions come up with aren't meant to please the people here, but those who actually wait for something like this to pop up. Nocoiners basically. We don't want to deal with any of these institutions, but that's different for nocoiners looking to buy exposure into Bitcoin one way or another.

The futures that CBOE and CME offer are the perfect example of that. Last month the CME traded almost 90,000BTC paper Bitcoin in one single day. The demand is there, it just looks for a way to enter in a more long term viable way, which these futures don't really provide. It's too much of a product that fits in a casino in my opinion.

In the end, whether we like it or not, every entity can and very likely will enter this space. It's impossible to stop them.

Things can get a whole lot more boring if we follow what happened in 2015. With how the different time frames seem to rhyme to a larger extent, it's not out of the ordinary, especially with how there isn't much going for Bitcoin as we speak. I'm looking for a confirmation that things are really different, and as long as $4200 isn't broken, I prefer to remain a bit more neutral and open to more possibilities than just a leg up.

Bakkt approval would definitely help trigger institutional interest considering that they do pay attention to these events, and we're not very far away from April which is their projected launch date. On the other hand, I doubt it will launch in April with how the government shutdown resulted in the CFTC to deal with a massive backlog, and I'm not exactly sure if Bakkt is high on their priority list for a quick approval.

Governments not being in consensus is a great thing. I don't mind the mixture of governments being 'for' and against Bitcoin. It keeps things in balance, because if governments globally would agree that Bitcoin is a great invention that should be adopted, they just as easily could pool their efforts and ban the crap out of it.

Bitcoin so far has gotten an easy ride through its existence. I really believed that we would face more resistance from governments, but they have been pretty mild overall.

The more people start to believe we're due for a leg up, the less likely it becomes.

I'm more inclined to say that we're due for some pretty 'boring' months in terms of price action. I would be happy if proven wrong and we go up instead, but with the trend still being down long term speaking, I rather don't go against it yet. I want to see $4200 break and hold above to actually turn a bit more short term bullish.

We have seen last year how strong support levels can be, and in the same way that applies to resistance levels. The more often you test them, the more likely it is for them to break, but the process of breaking out can take a long time. Good thing is that people accumulating have some more time to buy in.

I have seen more people hype up their upgrade and mainly the security it offers, but what about the security do you like and why is it the best? It's seems like it's just basic level security that most exchanges already provide.

I think you praise this exchange just because of how they allow you to generate a buck or two. There is really nothing special about it. On top of that, Kucoin's highest volume generating coin isn't Bitcoin, but a total shitcoin. Not a good sign for an exchange. It must be filled with get rich quick folks.

PayPal is very weird and often doesn't shy away from ignoring its own terms. It really looks like they are selectively choosing accounts to attack.

It's going to be interesting to see how this will affect Coinbase's 'PayPal withdrawals'. The terms for withdrawals are quite weird and can only be done with fiat that hasn't been utilized on the exchange itself. But then again, what prevents PayPal from blocking your account balance? Coinbase hasn't done people a favor by kissing PayPal's ass.

https://blog.coinbase.com/instant-paypal-withdrawals-now-available-for-all-u-s-customers-58b2958a13aa

I think that what we have seen last year made miners wake up and realize that it isn't always party time. I'm certain that quite some farms didn't plan ahead to prepare for a correction that we have gone through last year.

The main problem are the manufacturers, and then mainly a shady entity such as Bitmain that will do everything to front run your profitability. Delaying your delivery with a few months means that you lost 25-50% in profitability. I'm glad that we're seeing some diversification in this field, but it's a very slow process. Bitmain is still the dominant company.

Spot on. It all comes down to how easy something is to use. Give people an easy to understand app that looks good, and people use Bitcoin without any problems. For real, what functions other than send and receive will most average people use anyway? It can't be that hard to figure out how to do that, the rest is pretty much irrelevant.

The only thing that does somewhat concern me is how to make it easier for people to take security and offline backup of seeds joe-ready. If you mess up with centralized payment services, you are very likely going to get your money back. If you mess up with Bitcoin, you're pretty much toasted.

In the end, owning Bitcoin isn't something serious people like to talk about. If someone I don't know asks me if I own Bitcoin, I'm more inclined to say no.

I don't agree with that. I know a few people that do own a tesla, and they are extremely satisfied with their car, and the service they enjoy from the dealer. It's way to expensive for me, but if I had the funds, I would definitely get a Tesla myself.

Tesla is like Bitcoin in terms of people doubting it. I like how open minded and adventurous Elon Musk is. We need more people like him in the world, more people who don't blindly follow that's what's available already, but actually look to improve the world. It might not be perfect, but it's a start, and without these people things would look a whole lot different.

Imagine where we could have been right now if we had more people like Elon Musk a decade or two ago. I have nothing but respect for this legend.

I don't have a 'backup' plan yet, and don't think I will ever have the way things are right now. It's easy in my case because I don't have much contact with family to begin with, and those who I do have contact with are doing well themselves.

With time, and more mainstream adoption, the average person will likely have a bank act as custodian, just like how they act as custodian for everyone's money right now. I personally don't like this, but most people aren't capable of handling their own finances, so they always need a custodian and if possible insurance up to x amount.

Either an innocent bug or an intentional attempt to make people sell their coins.

I can remember how CMC out of nothing decided to remove certain exchanges from XRP's pricing data, which caused its price to tank with 20% on CMC, which made people freak out, while all spot prices were still the same. It's a centralized service that only provides you the data it wants/allows you to see. For accurate pricing data just stick to your spot exchange.

It's not that they scammed people. If you take CMC too serious you're basically fooling yourself.

Well, hodling is something you can always do. It's much better if you actually build up a business and hodl Bitcoin at the same time. Even better, build up a Bitcoin related business and contribute to the ecosystem here, which eventually will favor your investment in Bitcoin as well.

On the other hand, it's not that easy to hodl through a 50-100% pump for most people, especially if the price starts to go down and they realize that they were better off cashing out.

There is a way to force yourself to hodl though, which is by utilizing a feature called timelock. It's rather extreme and not without potential side effects, but hey, if you truly believe in Bitcoin but not in yourself, this is definitely an option to consider.

Not even the wealthiest legacy elite will let an opportunity pass to potential gain dozens of millions in an asset.

In the end, assuming that the WV twins still hold their 100,000BTC, which I doubt because I'm strongly of believe that they did liquidate a chunk of it during the peak, but in case they haven't sold anything, their current stack is worth around $400 million. Current value of 5000BTC is $20 million, which means 5% of their current stack.

I'm certain that their Gemini exchange hasn't even made $5 million in profit last year. Do the math.

LB has a reputation to keep at a certain hight, and while they haven't been as good as they were like a year or two ago, they still have to deliver, and they aren't purposely ignoring you. They either have other tickets to work through with more priority to them, or they are being spammed and need 24-48 hours to even look at your ticket.

Don't forget that LB use is exploding in certain countries, which very likely means that they have to allocate most of their resources to provide the support they need.

Institutions, they are coming..................  

Seriously, what do people think, that institutions will openly admit buying into Bitcoin? They will continue trashing it while they participate in this market, which they have been for years already. The only thing they will admit, and have already admitted, is that they bought either Bitcoin or futures on behalf of their clients (whover these clients may be).

People are lucky to see Bitcoin touch $6000 this year. This is directly my only goal for 2019.