That's a very toxic mindset, but unfortunately, what people subject themselves to due to their stupidity. OGs buy in because of the whole idea behind it and that motivates them to hodl through any market cycle effortlessly.

It requires a long term view, but it's one that will bring in the real growth instead of people desperately trying to swing trade without success. It's almost like gambling for them. After a loss they try to win it back but lose even more....

There is no "free money" left to be made like was the case last year. The bubble popped. It really didn't matter what coin you bought last year, it went up a lot. Everyone suddenly became an expert at that time. Now nothing is left of that.

It will recover. People however stick to their logic of when the price is going up Bitcoin does well, and when it goes down it does bad, which is why most of them refrain from buying in right now.

People buy and sell at the wrong times and never does it seem like they understand where their horrible timing comes from, nor does it ring bells that it may be a better idea to sell when you want to buy and buy when you want to sell.

Just doing the opposite of your gut feeling could already make a big difference, especially this year. People expected $20,000 but got levels near the $3000 mark instead...

I guess it's all related to how stable a certain country is. In case of Nigeria and countries like that, it makes sense to run your site elsewhere because it significantly reduces the possibility of being raided by your local authorities.

Don't forget that another important factor is bandwidth. It's safe to say that African and certain South American countries can't provide you unlimited data combined with a reliable connection, and if they do, it's outrageously expensive.

There is too much risk and cost involved. By simply renting US or EU servers you work around all the problems effortlessly. Unstable governments are a problem so it's definitely not worth trying to push their buttons.

You are quick with your judgements as well. We're currently going through a normal correction after a pretty strong bounce up, especially when you take the weekend into consideration.

The market is weaker during the weekends and that once again shows. I'm sure those who know how to play this market did well shorting yesterday. We'll have to see next week what's happen to 'officially' consider it over.

Next week we have the CME futures contracts expire so I expect some movements around that point. Their volumes have gone up considerably and with that their significance increases as well.

If you think that's insane already, then you have to keep an eye on that shithole more often, because certain pairs end up generating 50-100x the volume of their Bitcoin fiat pair, which is nuts.

The incentive is that Bithumb has programs running for existing users to wash trade shitcoins in return for whatever token at no cost, which explains why the volumes are so outrageously high.

People here complete tasks for $0.50-$1 so I'm pretty confident that there will be enough demand for this $20 'deal'. It will probably result in users creating multiple accounts for the sake of scooping up free money....

Horrible exchange it is. It wouldn't even surprise me if Bitfinex artificially inflated USDT to discourage USD withdrawals. It has been a very difficult exchange to withdraw from, especially the last 6 months.

If you look at their USDT in circulation it has been the same for quite a while now, and that while it was fluctuating heavily before the price went over a dollar. This is definitely a fractional reserve exchange, and it is empty as fuck.

Sorry for your loss man.

More legitimacy is what we really need in this space and I welcome every attempt to bring that to crypto. I however wonder how long it will take before they go full public, because it will be the first of its kind?

I know Poloniex is backed by Goldman Sachs and a few other banks, but they haven't done anything with the exchange yet, so I don't really put it in the same category as what this article is reporting about.

As for the click-bait focused title, I don't see a problem here. We know that news outlets are out to attract as many clicks as possible. Common sense tells you that it doesn't concern listings on the actual stock exchange itself.

Firstly, it's not even sure that they'll be launching their futures market because they need regulatory approval for that, which they don't have yet. Secondly, it's impossible to know if it will stimulate the market positively.

The only **potentially** positive aspect is that more futures markets within the US could make an ETF approval more likely than is the case right now, but that's pure speculation from my side.

As for the manipulation of the market, I'm not concerned about it at all. I would even like to think that it makes manipulation more expensive/difficult because it's yet another market to play, and you can't control every market as if it's nothing.

I find it very hard to believe that you know how many coins CSW dumped on the market, and more precisely said, I find it harder to believe that you can point out that he has dumped coins to begin with.

People act like the Bcash gang tanked the market by dumping large numbers of coins on the market, yet no one can point me to any factual information about their addresses.

If you don't know their addresses, you don't know whether they dumped or not. It's way more likely that investors have tanked the price down to where it was a week ago than these Bcash fraudsters.

Unfortunately, that beauty can't bloom due to networks not being able to handle mass use yet, and people themselves aren't at that point yet. It's going to take a decade or so before we can expect this to change for the better.

It might sound like a decade is too long, but it's nothing in reality. In the stock market 5-10 years is a pretty common time horizon when it comes to growth, and most people here get bored already when the market doesn't move much in a month.

2017 was the year of the noobs. I have never seen people be more delusional and greed obsessed than those who entered last year. These idiots don't care about the whole idea of crypto, they just want to count profits.

The only thing that surprises me is that people continue to make the same mistake over and over again. How many more exchanges need to implode or publicly be called out for being a crook organization?

I know it's not exactly fair to say, but some people are really begging to lose their funds, otherwise you wouldn't value potential gains over your crypto funds. I really expected people to wake up at some point, but nope, it didn't happen.

Huobi isn't that much of a good and fair exchange either, more like a notorious volume faker, but at least they have quite a significant user base and over 100,000BTC in their main cold wallet.

Doesn't say much. They could very well have their nodes hosted outside of the country. Most of the nodes you see hosted in Germany and the US doesn't mean they actually belong to entities in Germany or the US.

People love datacenters because it's cheap, fast and reliable, which their own connections mostly can't provide. I can rent a decent VPS with unlimited bandwidth for €10 a month and there are some foreign datacenters even cheaper.

It's perfectly suitable for hosting nodes.

Many didn't expect it to fall below $6000 again, but it still did. In other words, don't calculate yourself to be safe already, especially when we're just one or two dumps away from falling back to $3300 again.

In crypto there is no such a thing as miners need this or that level to remain profitable. If the price tanks, the difficulty will come down and miners will still be able to make profit. The difficulty adjustment exists for a reason....

I'm focusing on altcoins to see what's happening over there, because more demand for alts means less converting to BTC that will then be dumped for USD. Less selling pressure from that side helps to keep coins off the market.

If the price happens to tank based on these events, it means money has entered for the wrong reasons and it should exit again. There are too many get rich quick rookies here and they don't contribute to anything of value.

I honestly don't consider anything to be a positive contributor until it actually proves to be so, and thus far none of the speculation around the different ETFs, nor the futures have done anything for us.

I just wish that both Bakkt and Vaneck didn't constantly bring up how close they are while in reality nothing has changed at all. The fact is still that neither of them has an approval, nor does it look like they will be getting it any time soon.

It all comes down to how greedy people are, because instead of avoiding these coins, people hop back in just because they have been pumped hard in the last couple of days.

Bitmain is in deep trouble if they don't make sure the value of their existing holdings recover somewhat, which explains the pump BCH has gone through. I hope regulators look through that and reject their IPO application.

This is the time for other mining manufactures to make sure they market themselves properly. Bitmain's time as the absolute leader in the space should definitely come to an end.

I don't think the market has fooled anyone. In fact, I'm sure that people fooled themselves with their unrealistic expectations from a market that's trying to bottom out after one of the wildest bull runs ever.

I cringed every time people back when the price was hovering between $6000-$7000 said that it was very low and we couldn't fall below it due to miners needing $6000 at the very minimum.

The only thing that surprised me is how fast it went down from $6000 to $3000 without any strong rebound attempt. Maybe people were so in panic, that they sold like there was no tomorrow. Brutal sell off it was.

I can't wait to see him wear a blockstream shirt. I hope they'll record the next meeting in a place where Lee can buy Ver a cup of coffee through LN, because that's impossible according to him.

I'm seriously tempted to buy myself a physical casa lightning node now the momentum around LN is pumping hard. It's a bit expensive at $300, but well, the experience alone will likely make it worth its while.

We're at a point at which almost 50% of Bitcoin's nodes are operating within the LN, which I only expect to grow further as time goes by. One day I'll add my node to the list as well.

I understand your way of thinking, and it absolutely makes sense, but it all comes down to the finances, and thus the prices of crypto. It's factual information that the bear market lead to less developer activity.

Most of the projects pay people in crypto based on the fiat rates, which means that the lower the price is, the more crypto you have to add in order to make sure your developers still get $5000 on a monthly basis.

I don't see how Ethereum is a cash grabbing scheme. The Ethereum ecosystem is much larger and more diversified, so it's not weird or surprising that the price matters. Bitcoin's ecosystem is more solid because it's way more simple.

The interesting thing about the current market is that people refer to it as being a bear market, me too, while it technically is a continuation of long term growth based on actual demand rather than hype and fomo.

It may be difficult to swallow for those who entered last year, but a quick glimpse into the charts would show you how insanely overbought the price was during the whole year of 2017 and even a large part of 2018.

If we see institutions enter in the coming few years I strongly hope that they will bring in some liquidity to not let it tank as hard as it went up. Aside from traders enjoying bumpy rides, it sucks for the who are here for utility.

Market cap sites are centralized entities pushing their own agenda, it's meaningless in the grand scheme of things. Too bad that a site as Coinmarketcap has a pretty high influence on the price.

I remember that they excluded South Korean exchanges from their average price index, which resulted in various altcoins to tank 20% in value on Coinmarketcap, which then even reflected on the spot prices as well due to panic selling.

It's mind boggling if you think about it, a centralized noob site has that so much influence. I have seen various sites weighing the top lists based on actual buy support, tech rating, etc. It's all nonsense in the end.