I assumed that was a typo considering how Jan Van Eck's pronunciation of pulled and polled are quite similar.

https://www.youtube.com/watch?v=ufxIk_yyQFA skip to 05:20

He first said that he thought that Bitcoin pulled a little bit of demand away from Gold in 2017, then said that we pulled or polled 4000 Bitcoin investors, and that their nr 1 investment for 2019 is Gold.

Either way, thanks for pointing out.

That was extremely fast. I seriously believed that they would wait for more legacy infrastructure to be built around Bitcoin before they would attempt another application, because that would make way more sense.

They are in before most of you guys are in. They don't buy into hypes, thats what fools do.

What these legacy institutions are doing right now is set up platforms their clients can and will use, and whenever the time is right, they will offer you a platform, and the coins to sell you they bought at way lower levels. Institutions rightfully wait for competent and known entities to launch these platforms, because they can't be bothered to touch any of the currently existing crypto platforms operated by a bunch of baboons.

Whenever the next bull run is doing its thing, they are ready to short the crap out of it, not buy into it.

The far majority.

I would say that with how signal groups have gained more popularity in the last 12-24 months, and that some groups count well over 25,000 members, way more people than ever before gamble rather than actually trade based on their own understanding of technical analysis. It's quite sad really, because it shows how desperate people are to make profit, because those who end up paying for signals have definitely tried trading themselves and failed hard.

Lol? Applying technical analysis before opening/closing positions is the only proper way to trade. If you don't trade based on technical analysis, you are pretty much gambling.

I heard that trading based on gut feelings isn't the best way to increase your coin stack.

People don't understand that it is important to look at the charts and the different time frames.

If any of these noobs paid attention, they would see that January, and basically the first quarter of each year is usually the worst time frame for Bitcoin. Even 2017, the year where the price made an insane run to $20,000 had to deal with a poor first quarter, and we still went from below $900 to $20,000 so it's not important what's playing out in the first quarter.

With the block halving coming up I'm pretty certain that the second quarter will be the start of a gradual increase, especially with how people know that halvings translate into price increases before the actual event itself. And who knows, perhaps that Bakkt and other institutions will start silently accumulating in advance as well. Makes perfect sense if they do.

Back then there were no resistance levels to pay attention to. Almost every day/week we settled new all time highs. Currently we will have so many resistance levels to break through, that people should expect it to be a slow ride up back to where we peaked in 2017.

In the end, I'm sure that most people will be happy with a slower/gradual form of increase instead of the continuous lower lows that we settle currently. People continue to focus on silly short term price movements and completely ignore how Bitcoin's fundamentals are better than ever before, which will organically lead to higher prices in the future.

Bitcoin is either heavily overbought or oversold. 2017 it was heavily overbought, and currently it seems heavily oversold. It's all relative of course, but you get the point.

It depends on your time horizon. In most cases people here aim for quick profits, and at the same time buy at the wrong time. In other words, what will happen is that the price goes up, noobies buy, price fails to break through resistance, and it comes back down. First people blame manipulators, then they'll blame Bitcoin for being slow because their shitty transaction didn't confirm within 10 seconds, and then they blame the exchange for being slow. 

I remember how people were saying that if the price would fall down to $10,000 again that they would load up on Bitcoin hard. These people are nowhere to be seen right now. Every $100 that the price drops makes them think that the price will continue to drop, which is why they wait with buying. It ain't easy being a rookie here, especially when you don't understand the fundamentals of Bitcoin and markets in general.

I'm not against each and every coin or project, but more of them means more money flowing into shit projects where people will burn themselves hard. I wish Coinbase stopped acting like a dick offering retarded shitcoins no one cares about. Instead, they could do their best to improve infrastructure for Bitcoin and even Ethereum as most of their revenue comes from these coins.

On the other hand, Coinbase is subject to what the DCG has planned in terms of boosting their own portfolios. Sad to see that just like Blockchain.com and BitPay the shareholders are deciding what the roadmap will look like.

Even if no altcoins means less demand for Bitcoin being traded, then so be it. It will organically make people go for Bitcoin during the next run up so there isn't much to lose anyway.

It's quite interesting how he stated that 'we pulled 4000 investors'. It may very well have been one of the main reasons the price tanked from $6000 to $3000 considering how much weight these very likely institutional traders bring with them. The moment they understood that the SEC wasn't going to approve it, they unloaded their bags and went back to Gold.

Institutions always look for a reason to dump when they want to get out, and the drama around the BCash hashwar was the perfect opportunity.

Obviously, it's pure speculation, but it could partly explain the brutal decline with how everything happened within a very small time frame. Either way, if they really pulled investors from Bitcoin, they'll be back whenever they see there is more to gain from Bitcoin than Gold.

The shutdown didn't change anything. This ETF was destined to be rejected even without a government shutdown.

The SEC is only delaying their final decision to make it look like they do everything they can to not outright reject this application. In other words, they are trying to avoid being known as an anti Bitcoin government body.

An ETF will only have a shot with US legacy institutions entering the space and generate plenty enough volume to have the US be more of a demand factor, and that's likely when Vaneck might consider to try it once more. Fidelity, Bakkt, Nasdaq is a pretty decent lineup, so we'll see where it goes.

If so, it for sure is the most shitty form of promotion then, basically everyone here is trashing that exchange.

It wouldn't surprise me if OP is one of the many noobs having seen someone in a chat or pump group shill this exchange. It's mind boggling how people can't figure out for themselves that a random stranger recommending an exchange or service is likely out to scam you. No wonder there are so many scammers active on the internet.

In case of Warren Buffett I would say that he considers every crypto currency to be the same, but in case of JPM, nope. This criminal bank is known to participate in market manipulation, and Bitcoin isn't an exception here; they want you coins for the lowest possible price, and they aren't shy of trashing it in a not so professional manner.

I'm glad that people start to wake up and consider most of what JPM comes up with an attempt to cause the price to tank.

As long as the fines these criminal banks end up paying for their manipulation aren't up there to what they make in profits every quarter or year, they will continue to laugh their way to.... you guessed it.... the bank.

I'm more inclined to think that even when we have all of the above on board, it will take years to actually jump over the $100,000 level. It will take a while before the OTC market has been emptied, which is where these players get their coins.

On the other hand, it might also result in more spot supply if these coins end up being dumped on the spot market, so if the spot demand isn't all that high, it's quite likely that we'll see it backfire at one point. Currently we can say the same about the market. There has been an increase in OTC demand, but decline in spot demand, and I'm certain that OTC coins have been dumped on the way down.

For most people trading means losing their coins instead of just the virtual $$ value in case you firmly hold your coins. People make trading look like an easy way to make money, but that obviously isn't the case. I'm sure that most of them have never traded even a small portion of their portfolio.

If you look closely at the charts, market movers are frequently exploiting the thin books to wipe out positions on both sides of the book, so even if you are doing all the analysis beforehand, you are still subject to market movers trolling their way into profits. I wouldn't recommend anyone to trade right now, and if you do anyway, accept being the losses that come with it.

It's better to lose virtual $$ value than actual coins.

Only time will tell who is right and who isn't. Reality however tells you that the majoroty of people are wrong most of the times, and those who guessed right don't do much to reflect that and take advantage of it. In other words, they think/believe the price will fall to x level, but it doesn't go further than that.

I have set up various buy orders between $1500-$3000 just in case there is a flash crash I won't be able to buy into manually. By having these orders open the chances of buying the potential bottom are much higher.

For the record, I don't expect the price to fall to these levels, just setting myself up in case it does turn out to happen.

It's retarded indeed. My thought is; you filthy scumbag of a government, be happy that you are getting people to hand you over money. Money you wouldn't have if people weren't honestly reporting their gains and income streams. Be humble. Instead, they go full nuts on you and consider you to be a tax evader and thus a criminal by default. What a world we live in.

On the other hand, I'm happy that things move slowly on the legal side of things, because if everything was set up the way it should be, there were no uncertainties anymore, the price would reflect that. People don't realize how all these 'obstacles' make sure you still have the time to buy into the market at affordable levels.

Almost every negative aspect has a positive aspect to it.

What's there to be skeptical about? Even most of the elite Bitcoiners have been trying to spread the risk of self storage for quite a long period of time. Some store a chunk of their holdings in bank vaults, have Xapo do it for them, have Coinbase do it for them, etc. I put more confidence in a player like fidelity to take care of storage than any of the already existing crypto platforms.

It's extremely bullish, because there is a plenty of demand for legacy institutions to offer these services. I'm certain that eventually, fidelity will take care of the buying and selling side for clients too, because that's the most logical step moving forward.

Good launch date given the current market sentiment and price. If traditional bobos will be looking for an entry point, the coming months will turn out to provide that opportunity.

I call them Investopedia experts.

They see a pattern forming in Bitcoin's market, relate that to one of the articles they read on Investopedia, and immediately assume that's what will be happening, lol. It's so funny how all these experts can't follow the simple rules of a bear market and that the trend is your friend, and more importantly, that you don't bet against it.

It totally wouldn't surprise me if turns out that these entities are behind a lot of signal groups. It's so easy to set up a couple of these group and scoop up money from fools not knowing how to trade themselves. It's basically an easy way to spread risks; whenever one signal group turns out to be shit, purely based on luck, another one might be extremely profitable and that one will make people hardcore shill it and attract even more fools.

Lol. You make it sound like Bitcoin desperately needs an ETF, which isn't the case. We went up to where we are without futures, ETF's, Bakkt, etc, and we can do the same again without them. People just think they are important because they want the price to finally go back up, but it doesn't work like that. Without the market having found a bottom nothing will help you initiate a bull run.

Bitcoin's most bullish development is how Lightning is growing, and in the long term it will boost Bitcoin's adoption in the most favorable possible way. Use is what we need, not more institutions thinking that Bitcoin is an interesting short term bet, then dump it to secure profits causing a massive decline in price. They don't care about Bitcoin, they just want their profits.

If your employer is paying you in crypto, and at the same time is knowingly not following the law, then it might work, but that doesn't work for the majority of the people here. In most cases there isn't a way to avoid dealing with banks, especially in my case. If you don't have a bank account here, you won't be able to get a job, it's that simple.

Obviously, it's different as 'anonymous' entity on the internet doing tasks for crypto left and right, but people doing so have been avoiding taxation already in most cases, so there isn't much new about this. Technically you are still expected to pay your due taxes, but hey, who does that?

Certainties don't exist here. If the demand is consistent, we might be going up continuously over a longer period of time, but not in a way people here consider it a bull run.

At this point it's safe to say that any sort of increase beyond the local highs being $5000, $6000, $7000, etc, is already something people are extremely happy with. The difference between current and previous bear market is that people are still somewhat hopeful that we'll recover soon, while back in 2014/2015 there was more doom.

It could be the improved fundamentals giving people hope and confidence, but still, that doesn't change anything from how market movers might want to see more selling before they are confident in buying it up.