Let's just hope that this is not a sign of an incoming crash  

I heard a theory that institutional investors will dump their coins on retail investors at the end of this bull run, which will start the bear market. Even if this theory is correct, I doubt that it will happen anytime soon, the bull run has just started, the institutional interest in Bitcoin still seems to be strong, i.e. not all institutions have hopped the hype train yet.

The $$ value of fees is still different between coins, and less valuable coins generally come with smaller fees, so if your goal is to move coins from exchange to exchange, it can be smart to do so through some altcoin and immediately sell that, but you should calculate all the costs of this process - trading fee, withdrawal fee, market price difference.


True, but I personally think it's a bit dishonest from exchanges to take revenue in form of withdrawal fees. 99.9% of their revenue comes from trading fees, and charging hidden fees on withdrawal just creates frustration and confusion among their users.

There's nothing in Satoshi's words that could have classified him as some sort of communist or socialist - he never spoke against wealth or speculative trading. Satoshi's views are actually close to libertarianism, so I'm sure he wouldn't have a problem with Bitcoin being traded on free markets, regardless of who profit from it.

Bitcoin is slowly being more adopted by regular people for their transactions, and Lightning Network could actually achieve what Satoshi wanted - fast and free transactions for everyone, and with strong privacy.

These days smaller alts switched to trying to compete with Ethereum - they position themselves as a platform for some activity, usually smart contracts or some other stuff. Fast transactions, zero fees - that stuff hasn't been interesting for a while, all the coins that feature that (at the cost of complete centralization, of course) still failed to achieve any significant adoption. Lightning Network will just put a final nail in their coffin.

When people talk about supply running out, they mean supply available for sale on exchanges.

There was never any strict classification of whales, it's an informal term for "big Bitcoin holder". If the number of UTXO will be growing, maybe in the future even some hundreds of coins will be considered as "whale amount". It's also not so simple as it looks - one big address could belong to many small hodlers in case of a centralized service, and some individual hodlers could own large amounts split across hundreds of addresses.

People refused to buy at $10k or at $1k because they though that they will just wait for a correction. Now they likely won't have a chance like that ever again. We actually had a dip today, when the price fell to 28k, and it was immediately bought.

Also, if they calculate that Bitcoin will reach certain price, like 100k or even just 50k, there's no point in trying to buy the dip, just buying at current price would net solid profits too.


When people say that supply is running out, it just means that the current holders refuse to sell for some reason. Of course it can change. It's not like coins get literally deleted.

Newcomers to crypto are generally also newcomers to investing, and they don't understand how pump and dump works, or they think that they can outsmart the manipulators. The truth is, altcoin markets are insanely risky, and that risk makes it simply not worth investing. The past charts of an altcoin going to the moon is just a bait for noobs, it's always better to stick to Bitcoin or at least Ethereum, because you can be sure that they can't manipulated easily, just because they have billions in volume.

Don't be greedy, Bitcoin can already give you insane profits compared to traditional investments - there's no need to chase alts.

It's okay to talk about the price, but this should be done in appropriate section, and you definitely don't need to create a new thread just because Bitcoin has reached certain price. All such discussions should go to Speculation. Generally, people should ask for others opinions to look at the subject in a new light, to learn some new information, to look for alternative opinions and so on, and after that they should form their own opinion based on what they gathered. Unfortunately, too man newcomers just want someone to tell them that Bitcoin will go up so they can immediately buy it, without thinking about exit strategy, negative scenarios and the most vital thing - basic crypto education.

There are two main ideas - one is that people would just start using Bitcoin more and more, it will be like today's cash. Some economic in this world are still based primarily on cash. The other idea is that fiat money will collapse, like in Zimbabwe or Venezuela, and people will flow to Bitcoin while government will be powerless to stop them. Both these ideas have flaws. In first case, the government won't just sit and watch how the economy moves into the shadows. They could ban exchanges to kill liquidity, and without liquidity adoption will slow down. With the second idea, it's never certain that fiat will collapse. They could just relaunch it like it happened many times in history, and citizens would keep using it instead of looking for alternatives.

Ethereum has seen as much "Ethereum killers" and Bitcoin has seen "Bitcoin killers". Guess what, anyone can claim that they are better than some established coin, but until they overtake its marketcap, have more hashpower, have more users and more developed community, that's just empty talk. If you, as investor, is going to hop on hype trains like that, you will just suffer loss after loss, because these pumps always end with a huge dump.

This is almost a tradition in Bitcoin - whenever price rises, trolls emerge and start spreading FUD. Happens on this forum too - brand new accounts create multiple topics per day with claims that Bitcoin will crash, and of course they don't back their claims with any evidence.


People who want to buy the dip just wait patiently. These people who spread FUD either just trolls who hate cryptocurrency, because they are envious of other's gains, or they are hired by banks or governments. A few years ago it was proved that Poland was paying some bloggers to make anti-Bitcoin content.

Bitcoin has a potential to be a currency, a method of exchange, so if its adoption would start rapidly increasing, it could grow while gold does not.

And I don't think there's any reason to expect that Bitcoin will plateau at the same marketcap as gold - they are not the same thing. Even if you compare them as store of value, gold is inflationary, because more can be discovered, and its hard to use and most of the time involves custodians. Bitcoin is easy to store and transfer and available to all people.

They would drop even harder, because it's always like that - alts only grow for a fraction of Bitcoin's price, and crash even harder. The 2017 "altcoin season" was an exception, because there was blockchain hype - it can't repeat again, because blockchain lost its novelty. Also, in 2017 retail investors were throwing their money in any altcoins, but today the market is driven by institutional investors who carefully study a coin they want to invest in, so shitcoins have no chance.

I don't think they are near capitulation, there's still quite a lot of hopium. If you look at the Altcoin board or /r/Cryptocurrency, people still say that they plan to wait for altcoin pump, which in their prediction will happen after Bitcoin slows down.

I can see Ethereum going up, it's the main coin for smart contracts and all the stuff based on smart contracts, but what BCH and BSV have to offer? They are just counterfeit Bitcoin, institutional investors would be dumb to buy them.

Having an account for storing physical gold would probably come with significant fees, while Bitcoin exchanges don't have maintenance fees, because they cover them with trading fees. Another difference is how and cold wallets - gold custodians don't usually have a second less secure storage for quick transfers, and they certainly get robbed far less than exchanges.

Also, in some countries Bitcoin is not fully recognized, so investors over there have much less legal protection than with gold.

This is Bitcoin, anything is possible here. 2019 actually had a few attempts at bull runs that failed, so there's actually no rule that says that if Bitcoin is going up, it will continue going up for a long time. We hope that this is a repetition of a 2017 scenario, but it could be a completely new scenario too. Start taking profits now if you can't afford to risk, or just relax and hodl if you won't mind the possible crash.

It really depends on what you count as "succeed". I don't think governments will ever allow it to replace fiat. But in my book, even if a few percent of the population will use it on a daily basis for their personal transactions or business, that will be a success. We're actually extremely far even from that point. High volatility makes people view it only as investment. Its main selling point - control over your money, is actually not that interesting to most people, because most people don't see problems with banks.

If there's too much "snake oil salesmen" aka scammers, the platform will just blanket ban any mentions of crypto. Facebook already did something like that. Other social medias have banned crypto ads. This just shows the laziness of these companies - they would rather lose ad revenue and users instead of developing more selective tools that only target scammers. Why? Because crypto is such a small market to them.


Memes only work if they are popular, and most people, even in crypto sphere, never heard about those scammers, so memes about unknown persons won't stick.

Official tweet: https://twitter.com/Dashpay/status/1345093269919854592

So, for years Dash team was saying that they are better than Monero and other privacycoins, now they are saying that "their privacy is not better than in Bitcoin" 

How do you feel about that? Do you want to invest in a project that puts compliance with regulators above their own declared principles? Or do you think that this is just a tactical lie to return the lost liquidity and its all okay?

Noobs need to learn that DeFi and smart contracts are just computer programs. And computer programs always get hacked, so if you put your hard-earned money into an untested computer program from unknown developers, it's very likely you will lose your money. People naively think that decentralization means that all problems magically go away, but it can't be further from the truth.