Going all in is what noobs do. Every serious investor makes sure there is always enough investment capital on the side to buy in will the price drop further, which is a possibility that always exists. Bitcoin's decline from $20,000 to where we are right now is the perfect example of why that is important.

This market is messing with people's mindsets continuously. Today they have all the confidence in the world to go all in, while if it drops like 5% the day after they suddenly pull back out of fear. People tend to overestimate their ability to either trade or invest, which ultimately leads to severe losses if you're stuck in a cycle of buy high sell low due to how hostile this market can be.

The more comfortable you get with current prices, the more difficult it will be for you to deal with the situation will the price restest its prior lows.

Vitalik has never been much of a person with a solid last word in terms of promises. Ethereum's blockchain wouldn't exceed 1TB according to him, which it did. In the same way it wouldn't exceed 100 million in circulating supply, which it also did. I can remember a video where he absolutely trashed Ethereum, and that while it's his ass toy.

I don't see Ethereum turn into a shitcoin with its network effect being so strong, regardless of how long the switch to POS takes. You have to look at things objectively, and with their second layer scaling there might even be some hope at the end of the tunnel.

He doesn't ask for anyone's coins it seems, just API access and an up front fee. He's offering a service which you can either agree to use and pay for (at your own risk of course), or not. People granting him access to their API keys are retarted, not this dude himself. The dude is looking for a side hustle and there apparently are enough retards out there allowing themselves to be used as a walking money jar he taps into at will.

I'm sure that he first buys himself into the market, then use people's coins to follow and have him benefit even more, especially when it concerns smaller coins with lack of liquidity on both sides of the book.

Don't trust anyone with your coins people (physically or through API access), it's not worth it. Trade it yourself or don't trade at all.

I would say that Segwit has very little to do with it. Even more precisely said, the current low fees are working against Segwit rather than for it, which explains why Segwit support isn't increasing. The most important reason for the fees to go down is exchanges batching their transactions and clients being smarter when it comes to fee calculation.

The service I use to buy Bitcoin started batching its transactions as well in Q4 of last year, and the effect is more than noticable.

By the time Schnorr is being utilized, the fees will drop even further so expect more discounts. It's almost too crazy to think about using the most secure network for just a penny. It's almost theft.

Prepare for worse. By the time Ethereum fully switches to POS, there will be so much hashrate to utilize (i.e. cheaply available to rent to attack other networks), that even Litecoin will have to worry about an attack. It makes a perfect scenario for Crack Wright & Co to make their SharkPool become more of a viable option, and this is just one entity with ill minded incentives.

Coinbase is better off delisting this crap, but they obviously have not much of a say with Digital Currency Group being a massive bagholder of the currency.

Why should there be a major movement in the price? It has gone through a brutal sell-off like 2 months ago, let the market take it easy for a moment. The great thing about a calm market is that people are somewhat forced to look beyond speculation and profits, which is where the fundamentals finally make their appearance.

2019 is the year of the fundamentals, not the price. The price has gone far beyond the fundamentals, and this is the perfect time to catch up on that. Seriously, no coin deserves a pump at this point, and I'm glad that the market isn't doing much right now. Slow/steady growth is all we can ask for, and if we get exactly that, we have done exceptionally well this year.

I'm waiting for the day the 'investors' and 'lovers' of Bitcoin you are referring to dump their bags and go back to where they came from.

There is even a better 'solution'; dump your altcoins, buy Bitcoin, long or short whatever Bitmex allows you to long or short, and your profits will be paid out in Bitcoin.

Ethereum doubled in value from its lowest point. If you convert to Ethereum right now you are basically fomo buying around what could very well turn out to be near the peak. The main reason for the increase is that the price catched up to where the cut in block rewards is calculated in right now. People have had enough time to enter below $100 not that long ago, so accept being too late.

When the US dollar implodes, the rest of the fiat currencies will follow, so people will basically be forced to add value to Bitcoin similarly to how people add value to Gold. I'm certain that people will not even think a second about getting rid of their Bitcoins, because that's the only thing they have allowing them to transact conveniently without having to revert to Gold that's not allowing you to transact conveniently.

Even if people do not believe in Bitcoin, just for the sake of preparing for the worst case scenario, it makes sense to hold at least a chunk of it. It's better to own Bitcoin without needing to use it as worst case scenario money, than to not have it and late figure out that you need it.

China won't do that because they very well know that it isn't going to happen, and that it will also affect themselves. Don't forget that owning debt that won't ever be paid is a weakness on its own. If you expose that weakness by asking for repayment, you are basically shooting yourself in the foot. In other words, it's not as black and white as it may seem, there is way more to it than we know.

In the end, most people strongly dislike debt, yet don't try to prevent themselves from exposing themselves to that, just because they want something right now instead of next year. It's what the system is built on. Debt has become so normal, that we have to swallow its side effects and there isn't much that you can do other than to not participate in something that's causing all these problems.

I really thought that after the credit crisis it would be a whole lot harder for people to expose themselves to debt in form of easy loans and whatnot, but it seems easier than ever before to tap into your credit limit (some times worth tens of thousands of dollars). It's insane. So much money so easily accessible is tempting for a lot of people.

Most traders don't need any background information. They don't even care what coin they trade. It's solely them versus the charts, where everything else is pretty much insignificant. What most of them do is wait for confirmations and act based on what they think will happen, and with how bots are programmed to do that what other bots do, it could turn out to be a more worthwhile form of trading.

Obviously, it is a very short term minded way of trading, but that's not a big deal for anyone interested in just profits. People thinking fundamentals matter when it comes to short term trading are fooling themselves.

I'm sure that there will be a time where even Bitcoin payments will have that level of consumer protection. If there is money to be made, financial services will hop in to claim their cut of the pie, that's always how it works. It will be a service that comes with a steep fee I would assume, but hey, if people want to tap into these features to obtain more certainty when it comes to online purchases, they will go for it.

On top of that, buyers with PayPal not paying any fees isn't really the case here. The fees that people assume to not be paying are calculated in the price of what they buy already, which also applies to payments through credit card and whatnot. This gives people even more incentive to use Bitcoin if stores refund them ~2% due to the fees they save by accepting Bitcoin. Good times are ahead.

In my case it won't really matter since I always withdraw my funds after every trading session, but those who don't withdraw their funds will obviously have more incentive to use an exchange that rewards them for their 'trust'.

Now I think about it, there have been articles last year stating that Coinbase aims to apply for a banking license. I'm not sure how far Coinbase is on that front since they haven't been sharing anything with the outside world yet, but it could very well be that your thoughts about Coinbase possibly being the first in its kind to offer interest is less far fetched than I initially thought it was.

https://bitcoinist.com/coinbase-aims-obtain-banking-licenses/

That actually lends itself for a perfect counter move. In most cases, when the average joes of this world start to figure out that something is repeating, and there potentially is money to be made by shorting just below or around the resistance level it has failed to break through before, it won't work anymore. We'll have to wait and see if that is indeed the case this time.

In the end, even if it does break out to the up side, there is not much to celebrate considering how far below $6000 we still are. It's going to be incredibly difficult to break that level, but if we do, that for me is a clear indication that we have bottomed out for good.

That being said, I don't mind it to sit below $6000 for a longer period of time, which means more bang for my buck as I dollar cost average into the market. Buying Bitcoin today isn't the same as it was below $1000 some time ago, so you have to carefully time your buys.

I assume you are referring to longer term 'trading' (i.e. buy low sell high) rather than day trading? Otherwise it makes no sense to ignore stop losses, especially if leverage is involved.

People ignore how important stop losses are. I have seen how newbies have no clue about why their balance on Bitmex has been wiped out, where they in some cases accuse Bitmex of stealing their funds, lol. It's mind boggling how stupid people are. Using an exchange you think works the same as a spot exchange is fatal.

Finally someone with sense in here. There is no point in forcing yourself to trade each and every time. Accept that holding your coins is better than losing them, especially when a market has broken its main support level.

I honestly believe that we're dealing with people that aren't capable of analyzing anything. The very fact that sites popping up selling signals do extremely well, is another indication that we're entering the mainstream world. These people don't care about anything. They just want to have you tell them what to do with their money, and they do it, because they have no clue about what to do themselves.

Kinda silly how instead of benefitting from mainstream adoption, it's turning this market into more of a pile of shit than it has ever been.

Same here. It's funny to even think about a random crypto get rich quick noob to seriously search for who the developers are of a certain coin. They don't care, neither do the people who are above the get rich quick category. Most noobs stick to youtubers feeding them rehashed content, and based on the content they either get bullish or bearish.

I didn't expect that just reading articles on youtube would be something allowing you as "content creator" to reach 50-100,000 subscribers.

In the end, I think it's better for people to not fully know who develops what, because the more of a public figure they become, the more of a target they become. The only thing I care about is that the software they work on is working as I expect it to work, and in case of Bitcoin Core, it does. It's by far the best in every way, which clearly shows if we look at the adoption numbers.

If you look closely, blocks aren't always full. If you time your transactions correctly, have a decent bit of coinage to go with them, your transaction has a higher chance to be included in the next block if it isn't considered dust. On the other hand, each miner is different and thus each miner decides for itself how much its block space is worth, so even if all the conditions are great, miners can still ignore your zero fee transaction even if there is plenty enough block space available.

It's all about incentive in the end. The more often miners confirm zero fee transactions, the more incentive there is for people to send them. The less often miners confirm zero fee transactions, the less incentive there is for people to send them. That's why the number of confirmed zero fee transactions has been tanking hard.

Pump harder? It almost doubled in value in a very short period of time. I'm certain that the cut in block reward is calculated in already. On top of that, the floating supply of Ethers that have been dumped by ICO's in the last 12 or so months is way more of a problem than the block rewards. There is just too much of it circulating.

If you look at where altcoins stand today, Bitcoin is the only one that is undervalued. Altcoin valuations are crazy high right now, especially when you look at XRP. All I can say that Ripple did well to fool everyone into thinking that XRP is somewhat of a stock mirroring the performance of the main company, or that institutions will use xRapid and pump XRP to $589, which is retared.

There is no shortage of fools in this market.

That will suck hard. For a tiny bit of interest you will agree to have the exchange shit on you, and whenever you want to withdraw, you have to kindly ask for permission to withdraw whatever your daily withdrawal limit allows you to withdraw. Another thing is that the terms will obviously favor the house; the exchange gets the profits and the losses are for you. This can only go wrong in the long term.

Coinbase seems to be going through a mid-life crisis so it wouldn't surprise me at all if they are the first regulated crypto entity to start doing it.

At one point last year charts of Gold were circulating where it was looking quite similar to Bitcoin's chart. They pointed out where the Gold ETF started to pump Gold's price beyond the moon and that we could expect the same to happen with Bitcoin, totally ignoring how difficult it is to have an ETF approved where we are today.

https://www.reddit.com/r/Bitcoin/comments/8zwru1/gold_etf_was_started_right_there/

Read the comments there, some of them are hilarious. Hopium mixed with vodka it seems. 

It makes no sense to speculate about something we don't have reason for to believe in, nor is there any reason for the SEC to approve an ETF. The market is too immature, too subject to fake volumes, too many unregulated exchanges, too dominant Asia, etc.