It won't make a difference.

No one but noobs gave a damn when the ban was enforced, and now no one but noobs give a damn about Google allowing some companies to advertise again.

It only makes sense for social media platforms to not banish every entity related to crypto, because that's a form of economical exclusion reeking of an anti crypto bias, and of course there is a financial incentive as well. I doubt that we'll suddenly see Coinbase ads pop up, because they don't need any ad exposure through crypto when their backlinks are superior in each and every way, and I'm sure it's the same for other large entities in this space.

In a world where there are plenty of sites and platforms to advertise on, one does no longer depend on Google to reach a large number of people. It's more so Google's loss than crypto's loss. In other words, it was only a matter of time before they would reverse their actions.

Isn't that what he was referring to? Timing = sell the news = short the crap out of Bitcoin when CME (the largest exchange in the world) opens its markets.

If you also take into consideration that Bitcoin's worst months in terms of price action are all the first couple of months of each year, then it has only made people's urge to sell stronger. It applies to Q1 of 2019 as well, so what I'm doing is short Bitcoin around December 25 and buy back lower when most of the selling has been done. You can look it all up on the charts, they don't lie.

Did you come to this conclusion before or after having watched Alessio Rastani's analysis in one of his recent youtube videos pointing at the exact same thing?

Either way, it was quite predictable to expect a minor correction with how this market hasn't been doing anything other than marking lower highs this years. If nothing changes, then we'll see that the next lower high will yet again mark itself below the previous one, and that might be somewhere in the range of $6600-$6700 or maybe even lower.

The only way to break local highs is to have seasonality kick in next month, and based on the last couple of years, the chances are pretty high that we might see some sort of a rally.

It's next to imposible to overcome.

Everything looks easy during market phases where you are still somewhat in control, but as soon as you feel you are losing the control you had before, you'll dive into situation where you expose yourself to way more risk than what you are usually comfortable with. I still go through it after all the years, and I accept that it's part of being a human. We're not robots.

That unpredictability is what makes markets interesting enough for traders to bring in some liquidity, and that definitly applies to crypto. No way institutions aren't already involved to a lower degree. They love this shit, especially with how they are in a position to move crypto markets as well. The far majority of the trades happening nowadays reek of algorithmic intelligence instead of manual retail influences. There is too much respect for TA levels.

People don't realize how serious a collapse scenario will be because they just read something on the internet, think it will increase Bitcoin's value and thus it's a great opportunity for those looking to sell high, they then echo it across a wide variety of platforms, and there you have it, even more noobs thinking that the US dollar is nearing its last days. It's mind boggling how weak minded some people are. If the US dollar goes down, we all go down with it, lol.

Bitcoin's value at that point being $1,000,000 will represent a value of $10,000 today. If Bitcoin needs devaluing fiat currencies to artificially increase significantly, it's pretty pathetic if you ask me. Be careful what you wish for peeps, it will work against you.

I think that's pretty much on the lower side, but I have no doubt about larger miners to have way lower generation cost ratios than current price levels.

If you take into consideration that larger miners have much higher block generation frequencies, the cost per minted Bitcoin decreases significantly, even if your electricity rates aren't the cheapest in the industry. In that regard, you can counter electricity rates by having yourself account for a large part of the network, but in Bitcoin's case, it will cost you dozens of millions in gear to obtain that sort of advantage over the rest.

I'm not sure if that's actually the case. Current levels are really pushing home miners to their limits, and it may even have resulted in people to swallow current unprofitability in the hope that the coins they generate increase in value in the next couple of months. What if the price remains below $7000 for the rest of the year? People's patience doesn't last endlessly unless they are hardcore Bitcoin enthusiasts.

All these articles are sensation based and trying to hype up Bitcoin in times "good" or "positive" news has zero effect whatsoever.

If people really believe a central bank at this point in time will look to dump a chunk of its assets into Bitcoin, they are simply delusional. Regardless how much of an advocate of Bitcoin I am, there is no point in believing this to become reality, nor do I believe that Bitcoin is actually ready for that level of adoption. There are way better legacy alternatives out there.

If you think logically, the only thing that needs to happen in order to obtain stability, is to have significant positions in stronger fiat currencies. Even if the US Dollar isn't the perfect option, it is the best and most viable option in current time and day. Instead of going through 10-20% devaluation, they'll gladly accept swallowing 1-2% annual devaluations.

Coinbase as the largest and most regulated exchange is the prime example of how simple it is for a very large platform to implement Segwit. If you also add that Coinbase has gone through so many fundamental upgrades on both its retail and professional platform, if there would be one entity in this space that had all the reasons to slow down the implementation of Segwit, it would be Coinbase.

Also, they don't necessarily have to move all their value from legacy to Segwit addresses directly. They can move them whenever they think it's necessary or the best time (financially speaking) to consolidate inputs. There are really no excuses left to come up with after all this time.

Coinbase can't move back and forth just based on how congested or not congested the network is. If Coinbase batches transactions right now, people complain about slow withdrawals and demand instant withdrawals. If Coinbase isn't doing anything and just maintains its current roadmap of instant withdrawals, people will still complain later on when the fees start shooting up again. In other words, it's near impossible to satisfy people, regardless of what Coinbase ends up doing.

Considering that high fees are only high for short periods of time, I think that Coinbase's roadmap of offering instant withdrawals is the best formula to utilize.

The only way to determine what is a scam or legit cloud mining platform is to use mining addresses as evidence. However, since the far majority of these platforms aren't willing to share any, and you can't find it yourself because these shit platforms aren't mining at all, you can directly come to the conclusion that they nearly all are scamming their customers.

As much as I dislike Bitmain, their cloud mining platform HashNest is the only one from which you can easily find their mining addresses (because they are actually mining), and thus also know to what extent of hashrate their operation accounts for. But even in that case, you're still subject to a scheme that has one core business structure; the house always wins.

It will only affect the market if these coins aren't handed over to victims, especially when you take into consideration that handing over coins to victims means that the near 140,000BTC will be held by thousands of different people now, and not by one lunatic party only out to tank the price on spot exchanges.

In the end, the most important thing is that we get rid of these ancient mega wallets, because the fewer of these holders exist, the the better it is for everyone in the long run. Even if these coins will get dumped on the market at full, it will hurt the market for a short while, but they can only do it once. We get an opportunity to scoop up cheap coins, and we said goodbye to this seemingly endless MtGox drama shit. Great deal I say.

If you like rehashed content, then Coinidol's site is definitely the place to be.

If you use Google to title search their articles, you'll see how many articles pop up from way back covering the same subject. What Coinidol does is cherry pick what it deems worthy enough to include, phrase things differently, adds a bit of its own who cares flavor, and there you have a (repacked) article ready for noob readers to swallow.

Seriously, I have seen only seen two worthy news articles this year that taught me something. Tells you a lot about how rubbish 99% of the articles are.

I doubt it will actually result in a noticeable difference.

Transaction batching is only viable if you repeatedly process a ton of transactions every hour, and that's not the case when it comes to Coinbase. It seems that people (mostly newbies) use Coinbase as an all-in-one platform from where they almost never actually deal with user based on-chain output transactions.

Bittrex (before they ruined my legacy account) always batched their transactions, which on one side is a good thing, but it's pretty annoying as well, especially when you take into consideration that in some cases it may take up to five minutes before you see your coins pop up in your wallet.

I don't think the average user only interested in gains is willing to wait five minutes for the sake of not cluttering the blockchain, they just don't care much.

Bitcoin is useful in its own way, and not one single coin can match that. Bitcoin is enjoying so much superiority, that we can't even talk about proper competition.

Ethereum isn't even competing with Bitcoin because it has different use cases and a much larger field of competition to deal with, and we'll find out during the next boom which of utility platforms will be the dominant one. It's easy to say Ethereum will be, but don't disregard EOS & Co. Ethereum is facing serious scaling challenges, which is something its competition isn't dealing with.

If we're purely talking about returns, I am more bullish on EOS & Co than on Ethereum.

Tether's advantage is that the majority of the people are forced to hold it because they aren't in the mood to get actual fiat out by licking Bitfinex's ass.

It creates a situation where hundreds of millions worth of Tether is just patiently waiting on the side line to enter whenever people see an opportunity to do so. Most people can withdraw actual fiat through their exchanges, but with Tether the only way to exit is through Bitfinex, which is an exchange not many people have confidence in, and definitely not want to feed their personal information.

In that regard, Tether plays a more important role than most people here think. What would happen with the prices if everyone was freely able to cash out?

These people aren't real users but parasites. They complain about Bitcoin fees in the pennies while they allow themselves to be extorted by platforms such as PayPal.

People are too stupid to realize that Bitcoin's transaction fees are the cheapest from all crypto currencies.

It's the complete package you get when you use Bitcoin that matters;

- transacting through the safest network.
- by far the most liquid crypto currency.
- by far the most accepted/wanted crypto currency economically speaking.

Based on the above, I'll gladly pay even $1 in fees if I have to. Current fees of $0.01-$0.05 are an absolute steal. Great time to consolidate your inputs.

I wouldn't necessarily call pricing and volumes over there legitimate, especially when you take into consideration that wash trading and front running of orders happens there as well, and the latter is technically not even a crime, legally speaking. The only difference is that the institutions participating in such activities know how to make it look natural, while in the crypto space (especially in China) no one even cares since the odds of being prosecuted for shady activity is close to zero.

The problem with these emerging stocks is that they are very difficult to price properly, because it's not just a matter of looking at the fundamentals and whatnot, but also the fact that in most cases 50% of their value is based on nothing but speculation, especially when you have retail investors jump on board like there is no tomorrow. We'll only find out whether or not current values are 'legitimate' when they back it up with actual results because that's what everyone expects from a company, and I very much doubt that they will come through with that.

It's almost like we're talking to a wall. What input can you expect from talking to a wall? Null. The same input do I get from average joes when I explain them that it's very important to hedge a part of their their net worth, but for whatever reason, they refrain from doing so. I seriously don't know what needs to happen before they realize that. Is it a total collapse of their economy? If that is the case, it will be too late for them to act because the damage has already been inflicted.

I'm glad that at least the economical layer in South America does know how important it is to hedge their native fiat currency. For those who have been in any country within South America, you'll know that businesses and stalls there will almost beg you to pay for goods in US dollars instead of their own currency. It has been like that for over a decade. Why can't the average joes not follow that example?

I actually doubt that. Have we really seen much crypto use in these countries other than what has been hyped up by shitty news outlets? I mean is there actual proof that we can look into that shows people in Venezuela and Zimbabwe have actually resorted to crypto?

Aren't you supposed to pay tax over that what you generate in revenue and profit? How does one in that case end up with a negative balance?

I know that in some cases it's not easy to remain operational when you have started up for yourself, but most of these people fail because of external expenses and not necessarily tax hits. The main problem here is that you can't consistently generate income through your business (especially in the early stage) while your expenses are near identical in amount and consistently recurring every month.

The only thing you can blame the government for in this case is that they aren't giving starters more space and lower taxes during their initial year. Let people comfortably build up a foundation where after that you can still squeeze every penny out of them in form of taxation.

The US dollar is the base currency of the world, it doesn't increase or decrease in value against other fiat currencies. It's pretty much the same with how Bitcoin is the base currency in the crypto world. Bitcoin's BTC value doesn't increase or decrease either, the other currencies do.

The point is that as long as we believe that something is a base currency, the underlying economy or network in Bitcoin's case doesn't necessarily have to perform well. People for once just need to stop saving up their entire net worth in one specific fiat currency. It has always resulted in problems during bad economical times, so why are most people still not taking the necessary actions by hedging their native fiat currency?

This is one of the main reasons why the gap between rich and poor keeps growing larger. They don't act but just complain about governments and wait for them to force through improvements, which will never happen. Get off that lazy ass and stop playing victim.