If you are just waiting for prices to go up or down, you create nothing, just waste precious time. On top of that, with how many derivate exchanges there currently are available, you could have made the bear market work for you instead of against you. In other words, it's your own lack of understanding that makes you not 'earn' anything right now.

In the end, the idiotic way of how average joes think is beneficial to all the true hodlers out here. Seriously, people with a functioning brain have seen their Bitcoin stacks grow while noobs have seen everything they own almost vanish. I can't thank them enough for that. Thank you for making sure stronger hands own your coins now.

My goal is to stack up BTC, not stack up USD.

Tom Lee's final analysis should be; I messed up. I'm sorry. I'm out. Adios!

He's really the kind of person to keep making predictions till he's right, because if he goes on long enough, eventually he will be right. I'm sure mainstream media channels such as CNBC bring him in just to make fun of him and his predictions. It's sad to see that he's letting them make money over his 'confidence' in metrics that don't apply to this market at all, or at least, not right now.

This once again shows that it doesn't matter what your background in economics and markets in general is, crypto predictions regardless of their level of analysis remain a wild guess.

I just ran their domain through virustotal (it got scanned by 64 AV databases, also malwarebytes) and there is no virus alert at all;
https://www.virustotal.com/#/url/a166b83d6a7f366ade04707c291386374da9fd2e461dd253071f8697bfb44523/detection

Not sure what you plan to buy from Bitmain or what you are trying to look up, but the best option is to ditch it entirely if you don't trust it.

I remember that some well trusted Bitcoin clients were also dealing with false alerts, but it may also be just an attempt to scare off people. There is always an incentive from governments and these hello-I-grant-you-access-to-my-pc AV clients to do so.

Do they refund people by locking funds from the sale or will they refund you regardless of PayPal being able to get the funds back from the seller? I'm sure there is a way to work around that, because it will take some time to have the products shipped, which grants the shop to cash out the funds before the buyer opens a claim.

There are some reviews from people having bought stuff from minermaster on youtube, so it seems that there is some legit activity going on. I like that they have their own branding on the product, which adds to their legitimacy. The only point of attention is that they use whois privacy, but since it is the main company itself, it may not be of much importance in this case.

I wouldn't mind seeing them maintain their hostile stance towards Bitcoin and crypto in general. I am strongly of believe that it will motivate people more than is the case already to participate in their own local economies, and isn't that what people here would love to see? It's about time for people to not blindly swallow every law that's being thrown at them by their government.

I respect the law as long as it respects me, and will do everything I can to work around the laws that do not respect me. More people need to follow that route, and I'm glad that I started to notice that it's picking up in more countries, that's the power of Bitcoin. I know it will be a slow ride, but at least the first step is set.

The bears aren't just Bitcoin bears, the other side consists of mindless altcoin and ICO bears using Bitcoin's fiat markets as exit point. That's why I strongly believe that we may be sitting below $5000 for quite a long period of time. It will be interesting to see how the price fares in the first quarter of 2019. I expect the bottom to be found in these months.

I wouldn't be so sure of that. Firstly, it's not even sure that they will start trading next month, because they still need an approval from higher hand. Secondly, we don't know what level of demand there is for their product. We need to focus on fundamentals and ignore what happens in the short term, because focusing on Bakkt or an ETF is an utter waste of time.

I will take back my words about Bakkt if I see them do well and positively affect the market.

Roger did everything he could to promote Bitcoin back in the days, and right now he's doing everything he can to destroy it. It should have been clear that he was ill minded when in 2013 he backed MtGox and said that it was the traditional banking system causing problems. We all know how that ended. I bet he withdrew all his coins at that point, fucking scammer.

For what it's worth, Charlie Lee (the only good Lee in the industry, lol) earlier this year claimed that Litecoin would drop to $20 AND rise above BCash in market cap, and he was right in both cases. Obviously, it's just temporarily since Bitmain & Co won't go down without a fight, but it's cool to see.

While people in third world countries don't have the best infrastructure to work with, they definitely aren't lagging behind to the degree most people here think they do. I was of impression that everything was shit over there as well, but they have been forced to conveniently work around certain problems when it comes to payments, and it does seem to work.

Sure, not as good and cheap as Bitcoin would allow them to conduct payments, but it works for them. I can't wait for LN to be up and running to the degree these people can easily enjoy the best possible payment infrastructure and for the lowest possible cost. It requires just one large exchange to tap in and you'll see the rest follow because they don't want to be left behind. It will be a domino effect for the benefit of the world.

How is it not profitable to mine? If you look at the difficulty corrections, they are making sure that it is decently profitable to mine, or that miners have no problem running at a small loss for the time being. Bitcoin's hashrate in the last couple of days went up with 10EH/s, which means that the situation isn't as bad as news outlets are pointing out.

It's more so that the hashrate volatility is causing block times to slow down. Currently the average block time is 11 minutes while it's supposed to be close to 10 minutes under normal circumastances. It's perfectly acceptable. Last year was bad, the average block time went up all the way to 16 minutes.

It's purely speculation of course, but it could very well be institutions messing up the market behind the scenes. I really expected the situation to be different this time, because the fundamentals have improved significantly, but the users (i.e. get rich quick noobs) here are exactly the same as how they were back in 2013/2014/2015. It's almost like a routine market shake-out.

I didn't expect it to be this similar, but at least I managed to pick up the valuable inputs from the current bear market which I can have work in my advantage after the next bull run. It's all about learning from our mistakes and to not underestimate the market. I got a bit too comfortable with the $6000 level, and I'm sure many more people have.

Right. He already blamed it on impersonaters on the internet for having made a $78,000 before the end of the year prediction, while it was actually him having said so on video. He will very likely end up doing the same, or just state that it was more of a joke'ish prediction to benchmark his confidence in the market by that time frame.

In the end, John McAfee is a money hungry slut. He made that more than clear by having the Skycoin logo tattooed on his body for ever. If you consider that his ICO Tweets don't come cheap, imagine what Skycoin had to offer McAfee to get him to do this.

It applies to wealth distribution as well in that sense. Imagine if all millionaires/billionaires allocated 5-10% of their wealth to finance research to cure diseases that aren't possible to cure right now. Or what if we all would allocate 5-10% of our wealth to do the same thing? In the end, everyone here could do something to make the world a better place, at least locally, but we're not doing it.

If we're not doing it, who gives us the right to demand from others to do something about it?

Not sure how much demand there is left for Ethereum with how authorities are cracking down on ICO's, and also, there are many more alternatives to choose from nowadays, and they are ready to adopt way more users and growth right now. It will take a looong time for Ethereum to be on par with other utility platforms based on the dev's trackrecord for delaying upgrades.

People don't regain their confidence in altcoins, they just know that altcoins go up faster and well more than Bitcoin in terms of cold hard percentages.

It's almost scary how similar the post 2013 bull run correction is compared to the correction we're going through right now.

At the very end there was a harsh crash similar to the one from $6000 to where we are right now, and currently it's waiting for the mini flash crash (if it pops up to begin with) to form a bottom which will be followed up by a recovery. If that happens as well, then lol, I'm not sure what to think of it.

Currently there seems to be quite a decent chunk of buy support between $3100-$3200 and I expect it to ignite one massive wave of buy orders as soon as $3000 comes close. I expect the big walls to be hiding there.

It's definitely an interesting subject. I know of people transacting with physical Bitcoins which requires no internet connection at all. It's basically transacting in private keys, but it seems to work very well if you are dealing with a trusted party. I have bought unfunded Denarium Bitcoins and funded them myself to use at whatever point in time may there not be an internet connection available.

The best thing is that you can move value without anyone else noticing anything, because the funds don't move on-chain. I expect this field to bloom even more in the forthcoming years, all to make sure the trust aspect becomes less of an obstacle with usefulness intact.

Miners haven been grossly rewarded on the way up last year, because there by far wasn't enough available mining gear to add to the network. I think that with better planning and forward thinking most miners could have gotten a better position in the space by now, but their greed got the better of them. Rookie investors thinking that Bitcoin would continue to boom have been taught a hard lesson.

Right now if the price spikes up, there is like 20-30EH waiting to enter, which will make sure that every miner considering to buy more gear to think it through twice before actually doing it.

The same weiss ratings who said that Bitcoin will lose 50% of its market share to Ethereum. https://bitcoinist.com/weiss-ratings-bitcoin-lose-ethereum/

They later came back to that statement and said it was meant to be Ethereum-like platforms, not necessarily Ethereum itself.

If a noob in crypto land thinks it's the best time to buy Bitcoin, it probably means we have way more room to the downside. But yeah, from $6000 (which was the yearly support) to $3000 is a 50% discount, so that's definitely a dip to buy into conservatively. Institutions don't need any of these parties to tell them when to buy, and average joes won't buy into a market that has done nothing but go down this year.

Bitfinex currently (yet again) has banking problems or is running a fractional reserve exchange, either way, they have problems processing USD withdrawals and have significantly upped the withdrawal fees to discourage traders to cash out USD. I would highly recommend anyone to stay away from that exchange and figure out what the best alternatives are, because Bitfinex isn't it.

Look into exchanges as Coinbase, Kraken, Bitstamp, Gemini for fiat exit points. They all obviously require you to verify yourself. If you don't want to deal with that shit, and are just looking for a way to hedge the market, you can always park your funds temporarily in a stablecoin, but that obviously comes with a high level of counterparty risk.

Flawed opinion. By hodling you might see your paper value continue to shrink as time goes by, but with trading you risk seeing your coin count go down, which is way worse.

If seasoned traders are slowly but surely realizing that it's better to back off for now, you think the average person here will have much success trading? Definitely not. Trading for average people isn't much different from buying whatever coin at current levels and hope that it will go up and then drop to re-enter the market and repeat the whole trading cycle. This isn't trading, it's gambling.

I think governments can force banks and other financial services to swap their current 'digital fiat' for tokens by simply upgrading their infrastructure, which means that people *probably* won't even notice a difference. In the end, people either use their phone to pay through an app or their NFC enabled debit card. People never had much financial freedom anyway, so they will not see it as a step backwards. If it works, it works.

I'm certain that when we're like 5 years away from now, people will ask themselves why they don't hear much about the blockchain anymore, and why banks haven't implemented it yet, while in reality it has already been implemented silently years ago alread. Think about it, the efficiency gains they book will be kept to themselves, and you still have to pay legacy fees to fill up their pockets.