There are pumps and dumps in Bitcoin as well and those who traded it in the last few months experienced them first hand. Going into bitcoin trading and especially trying to trade with leverage will make them play you like a fiddle. That's what those fast moves of 1k BTC on Bitstamp are meant to do. Liquidate all the leveraged suckers and influence exchanges with higher liquidity.

I feel the same. I've never done anything I should be ashamed of when it comes to money, gambling, borrowing, whatever. I'm not and have never been in debt and I don't feel like I'll ever be addicted to gambling. I just don't feel it and know that I can stop at any time. It doesn't draw me in and I don't think about it when I'm doing other things.

The stories from OP's links are tragic but they don't happen often. Think of how many people get mugged everyday and how many employees steal from their employers. These things happen and gambling related crimes are a very small piece of the pie.

If you read a bit more of this thread you'd know that he is.


It's a good plan since BItcoin tends to revisit past highs and 50% of ATH is always a good place to start buying. I had my main focus on 6k last year as the bottom and it should have been the bottom but we fell lower due to manipulation.

I like the saying that past does not indicate future performance and you should never take the price for granted. We could easily see a big dump around the halving. Things like that happened before you can see it on the same charts you're using to show the pumps! Before the first and the second halving there was a lot of blood, but BTC recovered. I hope it will recover again.

It's a great example of limited supply increasing value and a proof that another bitcoin halving will be followed by a pump.

They're focused on the money that's how these centralized coin devs think about their coins. They are just money making machines for them nothing else. The move was good I agree but it was supposed to increase the value of their holdings.

The poll looks funny because nobody chose "i'm addicted" and I bet there's more than one addict browsing this forum. When I see people tell their stories of how they borrowed money from someone and gambled it all away I know they are addicted but first rule of addiction is that real addicts don't want to admit it. That's why on this forum where addicts are posting every day nobody chose this option.

I don't gamble much but when I do it's to win more money and do something excited. Sometimes you need that little dose of adrenaline and gambling gives it.

Instead of asking them to participate in the survey they're processing their private data for purpose of marketing and research. This is why you shouldn't do KYC people.
Most people think their ID gets read once by an employee who presses a green or red button and the ID gets deleted. That's what many of these exchanges are telling us that our documents will be deleted after verification.

This is strange that old people are choosing crypto. When you're older you usually don't have the nerves to risk your money.

Zimbabwe is one of the leaders in bankruptcy and insolvency a bit like Venezuela but many of you don't even know about hyperinflation in some countries that are acting like they have it under control. Belarus had to print new bills 10 years ago because they had already exchanging million ruble bills and told people to sell the old bills to the government and in return they'd get the new smaller notes. It's a great way to battle hyperinflation by robbing citizens and giving them something new that now would be worth even less

Only cryptocurrency and decentralization can save people from being cheated by their governments.

I didn't pay anything but in Germany you can hold for a year and then sell tax free if that's what you want. I also prefer to hold so I'm probably selling €1k a year and spend it on little things gifts electronics. I buy one phone every 2-3 years and don't have much expensive stuff so even If I lived in a different country I would have such a low income from crypto that I wouldn't have to pay tax.

None of these people consider possible manipulation in their TA. There's a lot of shorting and rich people manipulating Bitcoin because of its small liquidity. In a normal stock market people are investing tenths of millions. Many of these companies are worth over 100 million. If you had 100 million which is really the value of a big transatlantic ship you could crash the price of Bitcoin and put it back in a bear market. 

I usually use a one red flag rule with altcoins. If I see a single red flag i never touch the coin.

Possible red flags are fake team pictures, fake resumes, anonymous team, bad sites with bugs, stolen code or code based on another coin with very little changes, plagiarized anything like white paper or articles, only tradable on small and shady exchanges.

You won't be sure if the coin is a failure until you see the price and volume.

The price has no mind of its own and it doesn't want to do anything or prove anyone wrong. People see the halving as a catalyst for growth because of math.
If the reward gets halved the value of new coins will have to double.

Even if the price of the existing coins will not miners won't sell new coins for 8k USD but will want to make some money mining them and wait until the price is at least 16k. This will create a shortage of supply and those who decide to buy will have to buy from holders not from miners.

It's not and even if 3 major pools could do it they won't because each of them has a lot to lose and not a lot to win.

If one of them decided to play the other 2 it could make them lose money and time trying to perform an attack, fail and compromise themselves. The operator who would expose them would make more money and gain respect of the community for exposing the attack. Also a stable network benefits all miners. If they were able to compromise it by attacking it would be like they bought a car and then burned it in public to get insurance money. It's not worth it!

I lost some money gambling but it wasn't that much really. I don't know the exact numbers but it was less than 200 dollars.

I usually keep my wins and losses in balance with a slight tip towards the loss unfortunately. I'm also not a frequent gambler and when I do gamble I don't place big bets. It's usually $20 here $20 there.

Don't beat yourself up if you lost a lot. One day you lose the other day you win and life goes on. I lost so much by not trading BTC when I should that I could buy a good car but I don't think about it. Nothing good would come out of it.

LOL is that really your main concern? If it really is you can stop worrying invest and focus on doing something else while your money grows.

Bitcoin will never be centralized. It's decentralized by nature, you can't make it centralized. You'd have to buy out all the miners and even then you'd only be able to centralize transactions not the coins people are holding and you wouldn't be able to change destination of the coins. You'd be the king of nothing.

The second concern is also funny. If you're afraid that people will hold it and be rich then buy now while it's cheap and hold it yourself. You're funny.

Possible on a single exchange especially on one of those with lower volume. They don't have enough liquidity and if some big holder dumped a thousand bitcoin in there who knows what buy orders would get triggered and what would the bots do.

If you're asking about global price going to 5 USD it would be a long process possibly taking years. There are people who bought for more than 5 and would never sell even if the price were to hit 100 USD or something like that so I doubt it's possible for us to ever go below 1k at this point. The community of hodlers is too big.

This should be a lesson to all those who hold money on exchanges and in online wallets.
There were so many things ho could do to be safe and all of those things were so easy.

Buy a hardware wallet.
Divide money between wallets.
Keep some on exchanges so at least you'd have different emails and account names for each of them.
Not use gmail.

It could be but the previous halvings needed time to ignite. If you check the exact times of halvings the price was pretty low right before they hit.

If the story repeats itself we won't see a bull run until Summer or Autumn 2020. I'd like us to at least stay at 50% of ATH until then but we can't even hold 9k.

Scam projects aren't doing it because of bear market. If they want to scam they want to scam and the market has nothing to do with it. Most scam projects are built to scam like bitconnect and you have to see the difference between bankrupt projects and scams. Bankruptcy can happen to anyone and can be the result of the bear market.

You shouldn't wait for the altcoin season. Any moment is good to accumulate and wait. Bull market can sometimes last for only 2 months. What are you going to do then? Rush all bounties at once?

There's a potential in Cardano and I think you should also consider this coin because it's very similar to Tron and even following it as far as the market moves are concerned.

There are pros and cons of choosing Tron the main positive is that there's a lot of hype surrounding it but a lot of this hype comes from the CEO himself and the money he's spending on promotion. The same hype can disappear when the money stops flowing or the CEO does something to make the community turn towards another coin.

For me Tron is too risky.