That's only if the virus keeps spreading for months without any hope but in that case many economies will die and you'll have more things to worry about than looking for a new place to gamble.

I think that the virus will soon disappear just like sars did and the panic will go with it.

People sure do act like it is. Just watch the news or go to a grocery store.

Do you remember any other instance where cinemas, pubs, shopping centres and restaurants were being closed all over the world for more than a day?

Even though it's not the end of the world it's still the worst situation since Bitcoin was invented.

OP doesn't even know what an ATH is.



This is not ATH! An all time high would have to be higher than 20 thousand to be counted as ATH because that's what all time means. 13800 was a yearly high which means nothing because measuring any move starting from 1 January is very unreliable. January 1 is not a significant date for bitcoin as there are no changes in the network being done on that date.

If you really want to measure cycles use halvings as starting points.

Technically you can if you're planning to start a simple site like a slot machine game.
For 25 you'll be able to rent a server, get some skilled coders to make your site safe and nice looking.

The main challenge will be advertising. It's going to cost you an arm and a leg to get people to play on your site because the market is saturated. Nobody wants another dice game because whoever plays this already has a favourite one.

This topic has been discussed on multiple occasions before and in short it goes like this:

Trading is not gambling because a trader is never in an all or nothing situation. When you gamble and place a bet you don't get back anything when you lose. You put in 100 USD into a pile and you either get it all or lose your 100.

A trader or an investor invests 100 and can lose a part of it and withdraw if things keep going bad. Depending on his moves he can lose $10 or $20 but never all of it.

I feel the same. Even with the recent fall in price ETH is still a useful coin. Exchange tokens and similar are much worse and it's possible for them to quickly lose value if the company that gave that value to them goes bankrupt.

I don't trust any stablecoins and IEO tokens. These are not meant to be held for long just traded to get more BTC.

It was to be a hedge and safe haven when fiat hyperinflates again. It's not a hedge to the end of the world.

If fiat money lose value you will still have Bitcoin. What if everything blows up in your face and you get a world war 3 of everybody gets a deadly virus? Bitcoin won't help you there.

BTC hodlers did not get all of these for free. Some of the coins listed by OP required users to sign the messages with their bitcoin keys and then had a small window to claim the airdrop. Even if you registered but did not make it in those few weeks where you had to download their wallets and do all they required of you, you wouldn't get anything.

There's a big difference between claiming a fork like BCH and an airdrop like MWC.

If it hurts you just hold some BTC, problem solved.

Only if you are a trader, not an investor. If you look at Bitcoin by years it's not that risky because almost every year there's a rally that allows those who don't believe in it and feel stuck with a bag to unload. Like if you boutht high in 2017 the price hit 14 thousand 2 years later so if you were afraid that your coins bought for 10 thousand or more will not bring you sufficient profit that was your chance to exit.

Bitcoins safety is in these ups and downs. If you buy now and it falls down, in a couple months there will be an opportunity to break even or even profit due to the halving. Even if we fall to 3000 we will go back to 6 again after the halving.

If you keep applying you will sooner or later find a spot.

Most smart managers look for quality posters. This means that the better you are at writing the higher are your chances of getting in. The  truth is that most posters are very lazy and will either get discouraged by the requirements or that they were denied entry.

I've stopped wasting my time with bounties. Signatures are way better, but they still don't pay that much if you want to sell your coins immediately. Like right now i wouldn't sell because the conversion rate is so bad. Making money on the forum requires you to be smart and patient both in the way you earn coins and the way you convert them into fiat money.

This is the same thing that makes people abuse the name Bitcoin. You were getting coins like Bitcoin god and so on just because Bitcoin is popular.

Now what do we have in the media? Everybody talks about coronavirus even though it's just another flu. We had bird flu swine flu now it's corona flu.

So a centralized cryptocurrency that tries to disguise as fiat is your safe haven from other decentralized cryptocurrencies? Good job!
You're choosing a piece of paper that some company says is worth the same as 1 dollar over the real dollar and over gold and digital gold

Out of the things you could buy right now USDt is one of the worst choices.

I still have my BTC that I'm not going to sell even if it goes to 3000, some cash and some fiat in the bank but that's the smallest amount just for gas and groceries. I also have a bit of ETH.

It may be, but the stock market is getting a huge boost from fiat printing. It's only to show that everything is fine. The house is burning and they are covering the windows and spraying the roof with water to keep the flames inside so we don't see it.

Money printing is not going to save the situation. It's only there to make people think stocks are recovering and they should start buying.

Maybe he needed a car to move somewhere safe? I'm clueless.

I'd also think twice before selling as low as we are now. Of course if you need the money you should sell but I'd divide it into small parts to satisfy my basic needs and not cash out too much.

You are much safer holding some cash and some BTC than being all cash.

If only the number of single addresses would represent actual users of Bitcoin.

The number of total addresses keeps growing and it will continue to grow because this is how BItcoin works. The number of addresses containing 1 bitcoin may also grow but does that mean more people enter the market? Probably not because a single wallet can contain many addresses and 1 user can have many wallets.

Are those addresses a representation of redistribution of wealth. Maybe or maybe not. Some of them probably are because it's natural for old whales to be cashing out. Nobody is going to hold an investment for 10 years without cashing out at least some of the profits.

I don't see any of those negative points as valid.

All of them are speculations that it may do this or it may do that. Driving a car may lead to you killing a child or it may lead to you killing yourself. It's stupid to use such speculations as negative arguments.

Something as simple as drinking water can make you choke and die. Is the possibility of choking a negative effect of drinking water?

Miners will not quit because of the halving like many people seem to think. Those who are quitting now are probably being forced to do it because of the virus. Many companies have been shut down and quaranteened and Bitcoin mines aren't an exception here. China has closed its borders in preparation for another wave of infections and this had to impact the miners located there.

Bitcoin has never faced a recssion as big as this one, sho this halving could be different but I don't expect a drop in price. We will probably not get another 10x growth like we used to but it's not going to be a disaster either.

People are stupid and they are proving it by keeping money in the bank when they are getting only 2% a year with an inflation of 3%. This is one of the dumbest thing you can do with your money but so many people choose this.

I once saw a survey where a guy was walking down the street asking random people what would they do if he gave them 10 thousand EUR right now. Most of them said they'd deposit it in the bank or hide somewhere at home.

Most people don't understand what a currency is and think that it doesn't lose value over time and will always be accepted.

So you support the government giving itself more rights. Is there a limit to this? They already have the power to detain you, serch your house, seize your belongings, take over your bank account, fine you, you're already like a slave and still want them to be able to do more? I don't get it.

Next time a government will say there's a threat when there's realy no threat and force you to stay indoors thanks to all these new acts and agreements.

The government will never be able to seize everything because you need people to seize for you. Compliant people.

Those policemen and soldiers also have their own homes and investments. If they government tries to steal from everybody there will be nobody to execute the order or at least ont enough people to do it.

Bitcoin will go up but not because of seizures but because people will realize that fiat money will not hold value in the time when it's every man for himself.