Does anyone know if this guy went ahead and sold? We only hear about when people are buying, as it is a way to try to sway the market towards being bullish. But is there anyway to know if this guy sold? Is there anyway to track his coins or are they on an exchange? How do we even know he bought, this could all just be a lie.

I don't trust anything unless it is FULLY proven with FACT and sources. This is nothing until proven.

While this is something which is pretty smart, If you have some sort of 2FA setup with your wallet you're going to be fine. So if you do have some other precautions in place then you're going to be good to go. I would always recommend having 2fa with authy or google authenticator.

Though with the chance of losing your coins low due to DNS risk when simply using google dns servers (or someone like cloudflare) You're going to be saving a lot more time with using the other dns servers, which is going to have to be put into account when thinking of what dns server to use.s

Probably true. Though I don't understand when people say they're going to try to buyback into the market when it goes lower,it makes no sense to try to time the market. No one has the ability to know why the market does what it does. Things happen.

This guy is most likely going to miss some sort of run due to the fact that he is trying to time the market, that's something you shouldn't do. Either stay in, or get out.

Bubbbles aren't a good thing in the least, and when someone starts calling something a bubble and PEOPLE AGREE THAT IT IS that's when the real problem starts to come to fruition. Only when people notice that the growth of something can't continue to be sustained is when the real problems come out. So a bubble, which is something which can be popped at any moment, isn't good in the least. It's not something which you ever want people to think bitcoin is.

This is because we will be destroyed (from the investing side) if enough beleive this. This is when people lose faith in bitcoin, and we don't want that.

I wouldn't call it investors in bitcoin cash, that would assume that they're in it for the long haul. I would call them day traders or speculators, they are people who are trying to pump the coin for a short amount of time and them dump it once it reaches their price zone.

Bitcoin Cash also gets a massive amount of advertisment just be being the #2 bitcoin, this is because their marketcap is high (due to the fork form the bitcoin chain) which forces them to look like they have a ton of people involved. When they really have a pretty small volume of traders.

Bitcoin Cash is a fraud and scum on this community trying to trick people into thinking that they are bitcoin, which isn't true in the least.

'Good for the newbies' Yes, it's good for the newbies if you'd like for them to think that all of bitcoin exchanges are filled with scams, shitty coins, and are just simply shit. Don't let the newbs go on a shitty site like this cause they're going to think that this is what bitcoin is allways like. Get them to use the good exchanges with the AMAZING support, like binance.

Binance is MUCH better then yobit.

The only thing which is going to push crypto into the real world is adoption, we have to make adoption easier and more accessible for businesses. Becuase changing from the bottom up doesn't seem to be working, and isn't going to be beneficial for companies. The only way this is going to work is if companies adopt bitcoin to accept it as a payment because they think they're going to be able to make more revenues or save on some expenses. If it is smart for companies to take crypto, and they're well informed on it, then they're going to do it.

We need adoption though.

It matters who you are. If you're an institutional investor who needs regulations to make sure that you're protected, then you're going to be pretty happy with this. If you're someone who doesn't trust the government, then you're of course going to think that this is an attempt by the government as a way to shut down bitcoin and try to centralize control.

Who knows if it's good or bad, we're going to have to see what the end result is.

Did you really just advise someone to circumvent KYC laws? Those are laws for a reason. I know everyone on here hates the government, but it's not like they're doing this out of the hatred for people. They're doing this to ensure that companies KNOW WHO THEY'RE DOING BUSINESS WITH. Some of the best exchanges, like GDAX from Coinbase (and coinbase themselves) require KYC info cause they're in the US.

I would like to see you using Coinbase (with GDAX), Binance (even without KYC laws, that's something they've decided to do as a company)

Pretty much, yobit is one of the exchanges which is a shitcoin site. They profit off the fact that no other exchange would even dare to put up this random shitty coin and people are forced to use them cause they're the only ones around. I wouldn't recommend anyone using them, as Yobit has a pretty terrible site, pretty bad customer support (they barely respond), and overall it's a bad experience.

If you want to try to say I'm wrong, try to use them compared to binance for 20 mins.

This right here, not even 'professional traders' both here and in the stock market can't time the market. What makes you think that you're going to be the one that cracks the trillion dollar code? There's no chance that you can do that. Your best bet, as history has told, is to let the market ride and to just HODL. That's what has worked for so many for so long. Anything else is just you taking an enormous gamble and praying for the market to work for you, which it so rarely does.

You can't do this sort of thing, if you have a stop loss at 5% you're going to hit that in a day in crypto.Crypto goes up 5-10 percent in the matter of a few hours, if you are to follow this you're going to miss out on some big gains in crypto -- if the market does go up.

If you put the stop loss at 25% that makes more sense and matches the crypto volatility -- do that and you'll be good. Set sell target at 10-15 percent.

Goodluck folks -- I still like HODL more then any other strat.

Who knows, no one in crypto is going to be the ones to know,nor is ANYONE going to know what's going on. There's a good scene from the wolf of wall street which displays it when they say that "It doesn't matter if you're Warren Buffet or Jimmy Buffet, no one knows if the stock market is going to go up, down, sideways"

The market will do what the market does, it will go up and down. If we knew if bitcoin was going to rise or fall we'd all be betting big on the market-- but no one knows.

This is due to regulations on a country by country basis, depending on where they're starting their ICO. I know in the US anyone who is starting is an ICO is required to KYC or Know Your Customer, which pretty much means they're going to have to collect some data on people so just in case the regulators want to audit / know what's going on they're going to be able to get the data with ease.

Makes sense as most people aren't going to report ICO earnings which they without a doubt have to do.

I personally am not a big fan of the merit system for ranks on here, I think it pushes for people to simply beg for merit, account farm, or pay people to give them merit. As there is no incentive at all, for people to give away their smerit to others -- which doesn't make sense to me as people don't want to hand them out.

What do others see in regard to the flaws for the merit system? I'd love to see what some others think.

Because once bitcoin is accepted as a means of payment this is when bitcoin is going to be able to be used as it was though to be, because Satoshi never wanted bitcoin to be an investment as it is now, he wanted it to be a global currency which was going to revolutionize the world.

At some point, this MAY happen -- but the world governments will make it hard. It's not going to be easy, and it's not going to be guranteed.

They do this as they know they can manipulate the markets on the small coins, something which isn't possible (without large-scale manipulation) on something like bitcoin as the market cap is too big to be manipulated. But they do this on the small coins, buy large positions when the coins are worth nothing and then push it up with their media presence.

It happens in the real world, and it happens here as well.

I've failed to understand why some people think that they know all in crypto just be being here for a long amount of time, seniority really means nothing in an industry which is new, has much pretty much rallied in growth by a massive number, and is relatively unknown to most people.

Golden Tip of crypto - Don't get involved here if you wouldn't get involved with penny stocks.

Most people should know that these aren't true, but there are the small group of people (the ones that buy the get rich quick stuff) that think that this is going to be the sure thing that sets them off. They have an addiction to super risky investments which are USUALLY all frauds anyway. But people must know that this is the thing that's going to kill us, it makes the perception that crypto is full of scams, hackers, etc, that are all trying to steal your money.

We have to break this mold for the sake of crypto, and for the sake of us LASTING and becoming a currency at last.

While this has been said time and time again. simply repeating something isn't going to make it true. Most of the othercoins in crypto are shitcoins, the only ones which are notable (but in my view still can't takeover) is a coin like Ether.

Ether is the only real coin that matters, and even that doesn't have the history, the amount of money involved, and the amount of people involved (people using it for a currency) for it to takeover bitcoin in its control over the market.