It's already a real thing in Slovenia. Legacy ATMs of a specific bank allow people to use it for fiat and Bitcoin at the same time. People no longer have to doubt about the legitimacy of shady Bitcoin ATMs asking for ID and such.

I however expected more banks and countries to follow, but there hasn't been any further development in this field. Imagine long queues with people during bull runs trying to FOMO in just to be part of the rally. 

I know how things go when the price spikes because there is an ATM located near me and I frequently (just for the lols) check how crowded the ATM corner is, and it is enjoying a significant amount of use despite its fees.

If you look closely, the top volume generating coins are all well established and have next to no network issues. In other words, people sticking to these well established coins are far less likely to experience problems.

Most problems come from shitcoins with broken networks, and let these coins be what the majority of the people like to trade with. People are far better off ignoring these coins, but they don't.

It's the same with Yobit actually. As long as you only use the well established coins, you will see how that platform won't cause you any headache even though people consider it the worst exchange ever, which it probably is.

Didn't you read about how more and more specialized professionals are now focusing on people being addicted to crypto trading? It's a real thing and shouldn't be underestimated.

I can't agree with anyone considering trading to be something similar to a hobby, because it really isn't. If you are exposing your hard earned money to this level of risk, you can't do anything other than taking it seriously.

Trading in a bear market is like suicide for the majority of the people. The only thing you should be doing is buying the market down or temporarily wait for the market conditions to improve.

In other words, OP is better off just taking a break.

Yup. I don't see why people keep focusing on Bitcoin to replace everything while banks, governments, fiat and Bitcoin can perfectly function alongside each other. We can use the best of all options offered. That's freedom.

Not everyone is interested in Bitcoin to dominate everything. If Bitcoin was to replace everything as some speculative noobs want it to do, all others would practically be forced to go with something they don't like.

Bitcoin can't handle the weight of the whole world, and for that reason we should be happy to have other options helping Bitcoin to evenly distribute the weight of the world population. Bitcoin even with LN isn't going to do it alone.

Most of the hype was indeed related to people believing institutions would pump billions in Bitcoin's market, but it turns out to be a product for those looking to bet short or long, which in the last months has been more short.

I however don't see them as one of the main drivers for the price to go down. It's pure coincidence that the futures are signalling shorts during a bear market. In other words, the price would go down regardless of CBOE and CME.

It's however not a cool story that the market tanks because of a lower overall demand. If you want to sell articles you have to point at the futures and Tether and government crackdowns as to why the price tanks.

Welcome in mainstream media land.

Conspiracy theories are always great to read through, but some times we just have to acknowledge that the demand is largely gone and the price is going down because of that. Not everything is about manipulation.

The demand we experienced last year was from another planet, where everything came together perfectly to fuel a fomo run that most people can only dream of right now. It will take a few years before we go through a similar run.

The only thing people can do is have patience and accumulate as many coins as possible. Next year people will blame themselves for not having bought coins below the $10,000 mark while they had the opportunity.

BTG isn't the first fork at all.

Forks can be successful if they have the backing of wealthy and powerful entities within this industry. People can say about Bcash whatever they want, but it's an example of how a fork can be successful in many ways.

Overall, forks without any backing, which definitely goes up for BTG, are doomed to fail. Why should anyone even be surprised about that? It was great for the people who dumped it around $400/$500 but that's really it.

Spot on. It's interesting to see how people constantly force themselves to figure out what the market will be doing today or in the next few days, while most of them repeatedly state that they are in for the long term.

Day trading for most people has always been similar to gambling with how there isn't much you can rely on. Noobies should stick with dollar cost averaging while the market keeps going down.

Just like how this market can't always go up endlessly, it won't keep going down endlessly. By dollar cost averaging every other week or once a month you can pretty accurately buy the bottom or very close to it.

It's a gamble either way. People expected that altcoins would rally when Bitcoin's ETF would be rejected or postponed, but it didn't happen. If you bought altcoins with Bitcoin because of that, you would have lost even more.

I am not a trader or speculator myself, but there is nothing better than sitting in fiat during an overall bear market. Some times it's better to not constantly try to time the market, but distance yourself from it instead.

What have people gained by trying to time the market? Most people have only lost money or Bitcoin ratio. Sure, there are certain smart traders knowing how to benefit, but that only concerns like less than 5% of everyone here.

It won't. Bcash is more than just a fork competing with Bitcoin. It's meant to grant older mining hardware a second life now there is another large SHA256 coin with a reasonable amount of liquidity, and it's backed by Bitmain.

I initially was one of the many thinking that Bcash would die and lose all its value, but you'll quickly change your mind and view on what Bcash really is once you really dig into it.

Bcash should be able to outcompete Litecoin for ever and they seem to focus on ICOs now as well, so their next target is to rival EOS and Ethereum. I however don't think they stand a chance against Ethereum.

It's not about him thanking others. It's clear that anyone within the Bcash camp won't ever do or say things to favor the other side. They are only out to kill off the rest and have themselves be the last ones standing.

I was more curious about the hilarious response that he as "mastermind" would come up with in the way that he was already aware of the bug, and what his plan of approach is/was to patch up the massive vulnerability.

The mainstream media outlets are not against crypto. They absolutely love it with how much interest it generates. The only thing they are doing is adjust their reports based on the sentiment of the market.

Back in the days people by default assumed that Bitcoin was a scam or ponzi scheme, which has drastically shifted with how people are using to find out what Bitcoin really is.

If the mainstream audience starts picking up on Bitcoin positively, the media outlets follow the trend and start hyping it up. It works both ways though. In good or bad times, their only motive is to generate income.

Bitcoiners are too easily triggered into thinking that the entire world is against them. Relax.

The rule of the mass applies. If enough people think the market cap dominance of Bitcoin is a big deal, then it's a big deal. The same applies to technical analysis that a lot people here consider to be nonsense.

Admittedly, following the market cap dominance is quite interesting on its own. It's not that it has any actual importance, but it does show how every cycle results in different coins to run into a positive momentum.

We had the Ethereum boom, the Ripple boom, for a short while even a Bcash boom. It grants you interesting statistics to play around with and see how repetitive all these altcoin boom cycles are.

They actually should even though they wouldn't receive the same friendly help back from the Bcash team.

Regardless of how much I would love to see Bcash die and go to zero, people have invested millions of their savings in that coin, and honestly speaking, we shouldn't want anyone innocent to lose their money.

No one but the Core devs even know the severe code bug even existed, and for that reason we can't blame anyone for not doing enough research before investing. It's an unfortunate situation but it ended well this time.

Bcash isn't a threat to Bitcoin, just an annoying wasp we have to deal with.

I'm actually more interested in the feedback from mr faketoshi a.k.a Craig Wright.

It's true that crypto is the better option, but the main problem is that there isn't one single crypto currency able to handle mass adoption. We have seen how Bitcoin's network crippled completely due to the bull run last year.

If Bitcoin can't even handle a few hundred thousand people using it in a single day, it won't ever be able to handle one million users trying to have their transactions confirmed within one day.

We have to look at our crypto currencies without hyping them up too much. As it is right now, they are all incompetent and haven't gone through any upwards scaling improvements to even remotely allow more usage.

The SEC will only approve an ETF once the volumes of exchanges regulated within the US are the dominant force in Bitcoin's market, which isn't the case right now and probably won't be for a very long period of time.

Asia is dominating everything from exchanges not willing to comply with US laws. I strongly believe that an Asian ETF is far more likely to be approved in the coming year or two than one to be approved by the SEC.

And then still, even if the largest Asian exchanges become fully compliant, we don't know if the SEC will come up with other excuses to not let an ETF come through. They could easily step up their game to block an ETF approval.

How are people waiting for too long? Bitcoin has gone up from $800 to nearly $20,000 last year, don't you think we should allow the market to figure out slowly what price to bottom out at?

The previous bear market took around 1.5 years to bottom out, and we might be up for something similar this time. People's high expectations are worth nothing with how the price keeps going down continuously.

The only proper way to deal with a bear market is dollar cost averaging on the way down. It's the only way to accurately buy the bottom once it's in, and even an utter noob can do it.

Funny is that those who end up "trying" Bitcoin during a bull run, which is when most no-coiners finally start to dig into crypto, will see how crazy high the fees are and go for something else or withdraw themselves completely.

If there is also a bear market afterwards making sure the value of their coins tanks real hard, they will probably wish they never entered crypto in the first place. Nah, I'm not buying these average joe surveys.

People need to be correctly motivated and incentivized to enter crypto. It should be to escape from your shitty fiat currency, just like what's happening in Turkey. The Lira has gone down a lot hurting every average joe there.

If you're shocked about the decline from $20,000 to $6000 you haven't done any prior research before entering this market. Bitcoin historically corrects with 50-90% after a significant increase in price.

It's normal for this market since the majority of the people use Bitcoin and any other crypto for speculative purposes. It doesn't yet have much other characteristics to rely on granting it some level of stability and solidity.

Till the price drops even further and you yet again bought the wrong dip. Crypto is a crazy ass market and has no base value. Today's "low" price of $6500 could be the the next lower high in the long term downtrend pattern.

Only if you can ignore all the lunacy of the short term market and hodl through for a year or two today is a great entry point.

I wouldn't call +100% returns a little reward. It's below the rewards the most common ponzi schemes offer, but it's done on purposely like that to make it seem like they are somewhat different.

They obviously can't advertise with lower (realistic) rewards because people wouldn't fall for it, so they somehow have to grant people a sunny outlook after the 400 day period. I'm quite sure that noobs will still fall for it.

Noobs are easily tricked into thinking that the next platform they invest in is different from all previous ones, but that's a poisonous (losing) attitude in this industry. They are the reason these scams still exist.

Noob demand = scam supply.