That's true and people also don't fight devs who scam bounty hunters. Both sides are guilty.

If you guys weren't greedy and checked the project before joining you'd have higher chances of earning money.

Also if you as a group went to all the forums and left negative reviews of the coin that doesn't pay you'd at least damage their reputation and make it not worth the money for them.

Isn't the IRS taxing capital gains already but not doing it the way yo have described?

They want you to pay for your unrealized capital gains. If you hold a bitcoin and it goes up in value by 1000 dollars they want you to pay a percentage in fiat money even when you are still holding. Next year if it goes up by another 1000 they will again demand you to pay and on and on until you sell and be done with it. This is so bad i'm happy i don't live in the US.

There's not much risk in trying out new sites with small money. Maybe their promo of rewarding you for every 100 dollar trade will happen to be profitable.

If you're really trading from your wallet and their fees aren't very high it could be a good alternative to centralised exchanges. I haven't tried them yet but i'm interested.

There are coins that follow Bitcoin like LTC or BCH and with those you're still better with Bitcoin. You'll get the same effect but have a safer investment.

You can also try coins that follow the trend in general but can act up like Waves. Those are more risky but can offer big profit if you get lucky and catch the pump.

Anyway, I'd stay with Bitcoin.

Stocks go down commodities go up. People run to the banks take out cash because they're worried of network problems and card terminals acting up. This is the beginning of a mass hysteria.

You can already see it happening when people are saying it's going to be WW3. Iran doesn't have enough allies for it to become a world war. If there is a war the USA will once again test out their new toys on a new battlefield like they did in Iraq and Afghanistan.

You must be joking. The risk -reward ratio is good with Bitcoin but with $50 there's no risk so there will also be no reward.

What can you expect? To make another 100% in a year if you're lucky? That will make you own a whopping $100 by the end of the year. Congratulations!

Regulators are not the same all over the world. This FATF is also not accepted by all countries.

It's obvious not all cryptocurrencies will want to obey the rules but that doesn't mean they'll be banned from every place. There's a market for privacy coins and even if some pussy countries like Korea ban them there will be plenty of other countries that won't.

They don't want to damage the market but make money on inexperienced newcomers especially on leverage traders.

They usually buy and sell the same amount of coins and their goal is to squeeze shorts and longs or to buy futures and create a buy or sell pressure on bitcoin markets to make those futures pay.

A typical move by a manipulator is that bart simpson pattern or a fast move up and down like the one on December 4. THey buy 1 thousand bitcoins and then dump that back a few hours later.

It's an easy skill to learn and learning something new is always good for you. Are fib lines and all that useful? Probably not to most people because there's so many indicators that most traders only choose the 2 or 3 that work for them.

An analysis based on something like trend lines and drawing flags and pennants can have a different result than one based on harmonic patterns.

Bitcoin is so volatile and full of manipulators that you can drop all that analysis and do something else with your time.

This thing in Bitcoin right now looks purely technical. We touched support again and bounced back up. Some people are pointing to inverse head and shoulders pattern forming which is bullish.

Read some predictions on tradingview and mist traders are short term bullish about this setup, pointing to 8000 dollars as the target.

Most likely nothing is going to happen in Bitcoin because of Iran. If there's a big pump it will come because of the halving not the war.

You said that you don't talk about it in public because you could be responsible for their losses. Wasn't that what you were talking about? I do the opposite. I don't care about their decisions it's their money and their responsibility. I talk about crypto and I talk about my investments and I'm not scared of being laughed at.

If they want to follow it's always their choice. I will never feel bad about it.

Ok, that's true... but there's a "but"

Why would they choose Bitcoin instead of buying a currency belonging to one of the country far away from the war zone? Switzerland, Japan, Great Britain are going to be fine and strong as ever. Even the USD could go up in value because the war machine will power the economy and the war will be happening far away from all the factories and corporations.

There's a number of coins on that list.
BCH because I don't like Roger Ver. Everything he touches gets cancer. If you see Ver supporting a project it's going to be shit. He's even supporting Hex.
HEX of course because it's a scam and I'd like those who buy into Heart's promo get real and admit that they were fooled.
BSV because of faketoshi.
XRP because it's a centralized shitcoin with an army of dedicated believers who despite all the losses think this coin is going to be worth 1USD one day.

And I do when they ask me about my interests. I'm pretty confident in Bitcoin and those who know me know not to try that laughing stance with me.

I've been there when the price was 1000 dollars and I've been there when it was 20 thousand. There's really not much they can do to me. What will they say? That It was down 80%? Fine but now it's down 65%. If you bought in January and sold now at 7.5 thousand you'd double your money. What's funny about that?

I like staking because it's a nice and energy efficient way of minting new coins. There are many companies jumping on the bandwagon, offering staking services for multiple coins with a very low fee.
You have to remember that it's hard to generate profit from "nothing". The lower the investment and risk the lower the profit. With mining you had to buy hardware this way going long and risking more. PoS coins can be sold instantly so the risk is lower and the minimum investment is also much lower. Also investing in a bear market in both PoW or PoS is very risky and can get you on the negative very fast.

If you said 6000 I'd agree but 5? Some traders are saying that low support is at 5600 but 5000 is not an important level. If we dip to 5500 it could maybe support the price but most buyers will be ready to enter at 6000 maybe 5800. At 5000 those who wanted to enter earlier will have entered already.

We should be at least at 7 now because 6 was a strong support a year ago and we are in a growing market. Hash power is getting higher and higher, the network is much stronger than it was at 20 thousand and we aren't even at half that price.

But it's affected by other things like governments and their bans. It's also affected by private companies that invest in the space. If Bitmain goes bankrupt you can expect a huge ripple wave to go through all crypto markets.

There's still nothing in this world that will never lose value apart from priceless things like human life, happiness and all that.

Physical cons have collectible value and it's the same for physical bitcoins, even collectible mining hardware. Old miners still have value even when they're completely unprofitable to run.

Shitcoin have no collectible value and most of them have value only because Bitcoin has. I wouldn't hold shitcoins especially the dying ones not only in an exchange but anywhere else. Once they are compromised and people see they have no real use they will keep going lower and lower even far below the value of 1 cent.

If that happens you can expect a drop in the price of bitcoin and a lot of panic because to most people satoshi alive means satoshi has access to his money and could sell or be forced to sell by government, blackmailed or something.

Bitcoin won't die from such a stupid thing but it will suffer.

Nobody wants to see a massive dump. Maybe Bitcoin haters do, but nobody who remains here in the space. Most if not all of us have some bitcoins and dumps are always a painful thing to watch.

Technical analysis is never precise and as many times correct as it is incorrect. It all depends on the analyst. Known analysts like Dan Morehead, Tone Vays, Tom Lee, you name it, all of them were wrong somewhere in the last 2 years. Some more than others