Many people also hold XRP, so they need it to come back strong. Almost all of crypto is basically "wishful thinking" and not realities because that is how we stay strong. What makes bitcoin go up? People buying bitcoin, why do people buy bitcoin? Because they hope it will go up, what happens when they buy? It goes up.

Basically all the increases in bitcoin could be attributed to people who want to see the price go up and that's it, which is why I believe xrp may go up as well. What will happen? Ripple will have a deal with SEC, they will provide papers, sec will read them, they will investigate further, and after a long battle SEC will punish Ripple for sure, and penalty will be in millions of dollars, Ripple will pay it and come back to crypto world like nothing happened. They will publish something like "we are good, we will continue strong" and everyone will believe and buy, when they buy price will go up, and because it went up more people will buy.

The biggest problem is the periods when you see it is not that bad, you withdraw, and the mempool gets clogged afterwards. Like for example this fall, right during this fall there were some people I am sure who wanted to move their money around, but it wasn't like this just yet, it was still doing decent, they moved their money around and suddenly the price of bitcoin started to fall which clogged the mempool and people who acted before, couldn't get in because same block had this fall calculated in as well which made it late.

So during a period when you should spend 10 bucks, you sent 4 bucks because when you did it, it was 4 bucks to send but afterwards it changed. I know this doesn't happen everyday, but there are some days this happens and it gets clogged because there are thousands of people who underpaid and it takes time for them to pass on.

Obviously nobody would have guessed crawley town to beat leeds, time to time we see championship level teams to beat premier league teams, and more often than not it is lower end of the ranking for premier league versus higher end of championship. However seeing a team from league two to beat a premier league team? That probably happens very very rarely, probably just handful of times in a decade at best, and to beat 3-0 very decisively without any questions about it? I am pretty sure that hasn't happened in a long time. I guess it wasn't really leeds lucky day, sometimes football is like that, you just do your absolute worst and you play with youth that ends up making mistakes over mistakes and you just end up being unlucky, this was extraordinarily unlucky but it was still unlucky and not proof of leeds not being a good team at all.

I doubt supply would be drained completely, but supply at certain prices gets drained and that is why the price goes up, so we are seeing it live for the past few months. Obviously speaking we are not going to have a situation where there is zero supply, there will always be some people selling bitcoin, it will just change price. The less supply in a price, means more supply higher prices, if buyers buy those too, there will be more supply at even higher prices and it will go on like that until price reaches 50k first, then 60k then more and more and more, it will go on like that.

However I believe there will be a moment when supply will be enough, and buyers will buy there and that's it, it is not going to go any higher, it is not unlimited, we can't have 1 billion dollars per bitcoin, we know that, which means it has to stop somewhere, we just don't know where.

The reality is that, even gold is sold, that's why. People must think that everyone buys gold all the time and they never sell their gold? Because even gold is sold, which means bitcoin will be sold as well. Plus things do not become what they are in a day, if bitcoin is digital gold and we are going to reach 400k+ levels to equal the gold marketcap, that means we can't have it tomorrow, we are going to have that in maybe a decade, so why rush it today?

Lastly there are tons of people who do not believe this analogy, they think bitcoin is not digital gold, they buy low, sell high and take out their profit and put their money into something else. I have a friend who bought bitcoin from around 700 dollar levels, and sold at around 11k and he put it on regular bank savings interest account, dude never really believed in bitcoins future at all, just wanted to profit in fiat.

Honestly the price went above 36k all over again, from the low of under 32k price, which should be an indication that people are not done with the bull run just yet, and price will go up. I would advise people to buy right now, right away, from under 32k or so price as of right now, it is not too much away, it is like 32997 or something, so it is nearly there, but try to get it from around these prices, don't go heroic on 39k price. And if you can buy from 33k price, wait for it, because there is a 50% chance it could go over 40k once when this is over.

I usually do not give suggestions because if I am wrong and price goes under 30k and you end up losing money because of me, I would feel horrible about it, but this is different, all of you should know the risks already, and we have done this multiple times already so I believe in bitcoins chances to go over 40k.

As you can see from today's moves, bitcoin goes down = alts go down. There is a big correlation between them but it doesn't matter the number will be the same, alts have a bigger profit chance in percentage but less in volume obviously but for people who are not investing tens of millions of dollars, the volume doesn't matter.

This is why I would suggest do not put your money into something small tiny, but do not put all your money into bitcoin neither, have some bitcoin investment, but have some sort of decent portion, all chopped up small to each token or coin you like in the top  50 or so, not all but the ones you like. That way you could make a lot more profit as well with the bigger returns. Obviously this is just a guess and a prediction, I have no data backing this up, but I really think this would be better if bull market goes on.

Yeah, I have the same attitude because just dreaming about having 1 bitcoin will never help you achieve it, so put the head down and start working. I take my inspiration from Elon Musk as he is the richest man in the world now but still he works hard every day without thinking about his wealth. I am trying to do the same on my own level and I earn daily, save daily and dream big.

But mark my words if a dip happens by any chance anytime soon, I will buy some good amount and I believe everyone who has been waiting will do the same because the price attains its original value sooner or later so a dip is the best time to buy.

I have a different view this time, we are looking towards 100k in my opinion and might not see too much of drops apart from time to time corrections so do not expect a drop if you are interested in buying some bitcoins. I have been waiting since 20k for the price to drop once to invest more and I haven't got many chances honestly.

I am not sure about how Biden was installed, he clearly won and I would say he is way better than Trump without a doubt as far as political discussions are concerned. And this ain't connected to bitcoins rise in any way for sure. Some blamed China when price dropped in March-April in 2020 and now crediting USA for the rise, both are just co-incidence because no government can control BTC.

I don't think all these increases are really shows the real worth of XRP at all, it should be a lot lower. However I believed XRP to be worth a lot less before any of this happened as well. What this situation really did was to show people how XRP was tied to Ripple and people finally figured that out.

I have said never invest a single cent into centralized currencies, and people still did hold a lot of XRP for some reason, one big main reason was you were capable of buying thousands of it, and still can earn a decent amount, whereas you would get half an ETH for it, or a tiny amount of bitcoin for the same amounts. So, people figured Ripple was involved and anything bad there would be bad here as well so a lot more people left XRP world during this period, maybe it will recover, maybe it will go high again, but it doesn't have the same base anymore.

It is such a funny thing to see a "newbie" account trying to farm merit. This is all about merit isn't it? I mean normally there is a link or something when people shill a coin or a website or anything like that, since there is absolutely no link at all, I assume it was done for merit purposes.

Maybe this dude could have been someone who is very old in crypto world but got a new account or something, I would give him that type of benefit of doubt but when you read it, you realize it's not. He repeats all the known regular cliche things in crypto world, and expects us to think these are new things? I mean we all heard these things a million times, so at the end of the day I doubt this was done honestly. In any case, yeah sure do your research, stick to top ones AND good ones, sure diversify your investment, all those regular and things you should have already known.

I am not entirely against "regulations" for exchanges, exchanges are companies as well and even though we like them because they work with us, they are also corporations that caused this huge inequality in income as well. You and I trade and make a certain amount of money, they make money regardless who wins or loses, they should be looked a lot better.

Plus when government gets your KYC anyway, it is not going to be really a secret on what happens with your money, they got your KYC and they can find your wallet and how much crypto you have and anything else starting from that point and check a bit further. Some company literally found one hacker that went his money through a mixer, which means you can hide as much as you think you can, but in the end there is always someone out there who is always one step ahead of you, which is why nobody should be worried about regulations, those just make it simpler, but if we made it harder, they could still do it anyway.

I keep getting free spin rights to my mail, which is awesome, and every single time it has been 50 reward points. I can't really count how many times it has been now, probably about 5 or 6 times, and never got anything other except reward points. I am not really complaining about why I didn't get one million dollars or something here I know that big rewards are low chance to win, however could we maybe have some other things at low end as well? Give me something very low just like 50 reward points, but please make it something else too. I am really bored of getting 50 reward points back to back 6 times, give me 50 satoshi? Maybe 50 lottery tickets? Because tickets worth 1 satoshi each, 50 tickets would be basically same as 50 reward points as well. As you can see my complaint is not getting something low, that is understandable, but give me something else that is low, that would be better.

I doubt that they check the full name versus your passport or something, obviously KYC is very important but you do not really need to go with that. I personally used just a made up one name, not even cared enough to write a last name, just said "Mike" and it was enough, nobody asked me more, and I can promise you my name is not mike .

I don't know what would happen in case if I won and my full name is not the right full name, I really have no idea what they would be doing in that situation, but I rather not earn a cent and keep myself anon as much as I can versus giving my full information to roobet for absolutely no reason (why would they need it) and get 50k, you can pay me the full 50k and I would still be not sure about giving you my full name honestly. So, destroying the anonymity of your players is not the way to distribute cash, hence just "mike" would probably be fine.

Okay I do not want to turn this into a political post, because let's face it, there is no way I can write something that will change your opinion suddenly and make you realize that you were wrong, and there is none that you can say that will change mine, so going into a political discussion would be a futile attempt.

However I would like to correct a few factual wrongs here. First of all we have peaked at 34 million unemployment applications, 4 times higher than ever before in history of USA, but let's give that to covid and not trump (which trump didn't do a lockdown so he was guilty of it and didn't use taxes to pay people 2000 checks, so he is guilty of that too, but nevertheless let's just say its allll corona virus causing this even though it didn't in ANY other nation). Another mistake would be thinking Biden is radical left, in fact, he is not even "mild" left, he is a liberal, he is not left.

Amazon did accepted bitcoin, in fact if I am not wrong it did accepted bitcoin for twitch and prime payments until last year, no idea if they still continue but around 2019 to 2020 I was a twitch viewer and subscribed to someone using bitcoin, which is owned by amazon and I did get a prime membership as well using bitcoin. But when it comes to payment, they stopped using it, I don't know where you live, I don't know if it is regional thing, but they accepted bitcoin for all amazon products and not third party ones, which is why I said amazon accepted it and stopped.

Steam did accepted it a lot earlier that is true part I can't argue but they stopped in 2018 not in 2017, I bought a game in 2018 using bitcoin (more specifically pubg, I wanted to see what the fuss was about). Expedia was the number one bitcoin hotel deal, no idea if they still continue but I used them and it was AWESOME, I hope they still have it. Long story short, retails did accepted it once, and not sure if they will come back, not like fee's are low right now.

I believe you are sort of right and that should be repeated a lot. SEC and all other government branches will not touch bitcoin, they are both making a ton of taxes from it, but there is really nothing they need to worry about, they are already putting in efforts to make it in a way that if you want to use an exchange based in USA you have to show which wallet belongs to you, basically making being anon a joke in bitcoin world, so they support bitcoin because of it.

ETH could find its place, hell even XRP could pay a fine fix some things and go back to business as usual. Simply put, I believe there is this "either play on our rules, or leave the court or we make you leave" type of situation, as long as you go nice on them, they will go nice on you, if you do not play with their rules, they are going to make you delisted and basically sue you until even your grandchildren are in debt.

I think we were over 1 trillion dollars a long time ago as well, this is not the first time ever. Back in those days bitcoin may not be this much, it was only 20k obviously as we all know, but considering things like ethereum at 1.5k, xrp at 3+ dollars, and many others are all on their ATH prices, that meant that we broke over 1 trillion dollars.

Now we have broken over 1 trillion dollars again, but we didn't broke over it with alts, we did it mainly with bitcoin reaching 37k+ levels, which helped us, if you look at ATH prices of coins, most of them (almost all of them) didn't broke over their ATH prices, which is why we are not really at a big place just yet, we are going to be over 1.5 trillion dollars or so when we reach ATH with alts as well, that would allow us to reach maybe even 2 trillion dollars, because that would be a collective increase and not just one coin.

I feel like retail fomo could be even bigger when they realize that this time around it is not crashing. Let me explain it this way, last time bitcoin was on route to 20k, steam, amazon, hotel website companies, everyone basically got involved, they wanted to be paid with bitcoin, that was a great period, however do you know what happened?

Well in the end, people actually removed all the bitcoin payments after the crash, none of them wanted a part of bitcoin. This time around the hurt from those times stands, because they remember they did accepted once and it got very low and they lost a ton of money, they do not want the same thing to happen once again, which resulted with them not getting involved anymore. It is not really a horrible situation, it is not great neither but it is not horrible, we can definitely do a lot better with a bit more time.

This is not really about destroying everything else, but more like "could it be high" situation. Surely it is not going to be as high as bitcoin, nothing is as high as bitcoin, but it could potentially be as high as maybe xrp? litecoin? bnb? Those are still valid, if not maybe tron? wave? I mean there are some defi that are already higher than those today.

So basically what I am trying to say is that, sure it is not going to end up going over bitcoin, but what do you consider "major" in a sense? because there are some defi projects which are already in top 20 list and that shows that they are already there and doing awesome. Which is why we come to second topic, what is "threat"? Do we consider these coins taking money as money lost from major coins? If you think so that means they are a threat, if you do not see it that way, that means there is no problem.