The only good thing is that just like governments with their regulations, these developments help pushing everything Bitcoin related towards more decentralization. How long would it otherwise take to change? Years?

Peer to peer markets are literally exploding in usage, decentralized exchanges are becoming more and more mainstream, decentralized applications are becoming more and more mainstream, and so forth.

Everything we go through right now will benefit everyone here in the long term. Governments and the mainstream tech companies shoot themselves in the foot with how they try to own the market. It works against them.

It depends for me though. There are moments where I completely disregard the market, but in some cases I have to keep an eye on it in order to benefit from dips, and from time to time the dips are actually worth buying.

I know the long term price will increase, so why should I not put more fiat to work and have an even better return later on? Fiat in current low interest times is worthless when it's not doing anything.

With that in mind, and potential economical difficulties we may be facing in the coming years, it would be pretty stupid to not act while the opportunity is here for everyone to use. It's just a matter of logical thinking.

That's practically impossible. If we look at how people don't even manage to obtain basic internet or Bitcoin understanding, how would they ever understand what quantum computing means?

I rather have people ask questions where they get their answers as many times as they need, than having uneducated people spread false information potentially scaring off people for nothing.

Education is key in every aspect, so we should help people understand everything where possible. See it as a transfer of knowledge (we > they > others > and so forth) that will help Bitcoin become less doubtful for them.

I actually did spot the minor differences pretty easily, but that's mainly due to how extremely paranoid I am. On the other hand, I can understand why newbies would and very likely regularly fall for these phishing sites.

I own a very powerful (non crypto) Twitter handle that from the looks is similar to the actual Twitter handle, but the way Twitter displays its lettering, the difference between my handle and the original one is minor.

I get follows and people actually tag my account thinking they are talking to the original one. If I had bad intentions, I could cause quite some damage, so I am actually glad that no one else can register it anymore.

I tried contracting the company to transfer it to them, but they aren't responding unfortunately.

There has never been much proof of news being a price driver in the more recent years. The only thing we see happen is that coincidentally certain announcements were made during or just before a certain price movement.

In most cases news sites know when to publish certain articles, which might even be with a paid incentive in the background. In this market manipulation is key to make millions in profits, and news sites abuse their position.

Look at how many good developments in the last months haven't translated into one single mini pump. It's clear that large parties are utilizing current market to accumulate as many coins as possible, and they take their time for it.

He will just deny having said that, or just try to talk it down in the way he was trolling or trying to be funny. In an interview with Patrick from Valuetainment he claims that he didn't say that in 2018 we would reach $78,000.

It was someone else having said that according to McAfee, while in the same interview they show a clip where he actually made that $78,000 prediction. It's nothing more than a joker.

Everyone can watch it here https://youtube.com/watch?v=WBgFGwJA1D0

If you only want to see the part about the $78,000 prediction, then fast forward to 48:10.

BUSTED! 

That must be. If people understand how this market works they would have done the investments themselves. This forum is a solid benchmark tool to monitor the general noob to average joe mentality.

The far majority of them keep focusing on that $20,000 mark, and then mainly when it will be reaching that price again. If they bought anywhere near that peak, then I'm sure he will be bombed with complaints.

I wouldn't even be shocked if he during the massive bull run predicted that the market could even reach $50,000 in 2018. If that's the case, then I'm pretty sure that there is a lot frustration right now.

McAfee predicted that we would reach +$70,000 this year, and now he denies having said that last year.

Ironically, people do indeed take all the negativity for granted, but they completely ignore all the positivity that reaches them in the exact same way. I fail to understand why exactly this keeps happening.

If you are subject to this form of manipulation, it should work both ways, but it doesn't. The only thing that comes to my mind is manipulation. The average person always waits for a movement in order to act.

If whales initiate a dump after bad news, people think it's affecting the market because the price is going down, so they sell. If whales decide not to pump after bullish news, it means that people won't be buying.

It's makes sense, but there might also be a few other factors that play a role of importance.

Roger Ver's words: If he had half the total supply of all the Bitcoins he would still deserve it.

I somewhat agree there. I don't mind if he still owns the keys. If ever he would liquidate his holdings, at that point in time it will prove to be the best ever moment to allow fresh capital to enter the market.

On the other hand, these coins are pretty much worthless with how authorities would love to track him down and do whatever with him that they think is necessary, which obviously is something completely unethical.

Of course it's much cheaper now than last year's inflated market rates.

It's pretty weak if that's his only point to focus on, because every interview I watched with him as main guest, he keeps referring to how much cheaper current rates are in comparison to last year's rates.

He hasn't mentioned anything about how extremely inflated the market was last year, and I don't think I have to explain people here why he does what he does. He's only here to ride this market at all cost.

That $20,000 mark is hard coded in people's mind till we break it at whatever point in time. The media and all these investors made it look like a big thing, while in reality those who understand this market know better.

You feel sorry for the traders suffering from Yobit's scummy behavior? I honestly don't. There is so much going on with that exchange and a couple more in the same category, that you can't miss all the complaints.

People have no right to complain if they haven't performed any prior research. What's even more pathetic is that there are people knowing what's going on with Yobit, but they ignore everything and make use of it anyway.

In that case I actually doubt whether or not these people are mentally retarded. How can anyone knowingly put money in a scumhole that is likely going to result in nothing but problems? It's a pure form of insanity.

Research comes first, usage later, and not vice versa.

I like how online marketplaces are working their way up. I wish my local online marketplace did it, especially because of how people include in the description that they accept Bitcoin as payment as well.

It just shows how the demand for Bitcoin and related currencies keeps increasing, which is something that everyone back in the days could only dream of. We are living the dream, how cool is that?!

I however do hope that they will release some actual usage figures after each quarter or year. In most cases there is barely any information about the usage when it comes to merchants and payment gateways.

I obviously don't expect crazy numbers since people aren't using Bitcoin as actively as a currency as we want, but it would at least indicate growth or stagnation in Bitcoin sales.

Instead of adjusting to all these measures, people are far better off decentralizing the way they work within this ecosystem. It's not for nothing that all these measures forced people to local markets.

It might even result in a scenario where developments concerning decentralized applications to experience a massive speed boost with how the demand for them is peaking consistently. People are tired of all this.

If people keep accepting all these measures, they will only simulate the authorities to keep coming up with even stricter regulations. Their mentality has always been to keep working on things not offering any resistance.

Bitcoin will definitely recover after an initial blow. Instead of capital flowing into rubbish ICOs, it will largely flow into Bitcoin directly, which is where it belongs. 

I must admit that Ethereum did extremely well serving as a platform on which these ICOs thrive, but I can't see it continue endlessly. At some point people wake up and realize how much of an empty put this industry is.

The market will also become more professional in the coming years, and professional parties always prefer a foundation they can build trust on, and only Bitcoin is capable of providing that.

I kinda feel sorry for those putting too much faith in altcoins, because they really can't beat Bitcoin's simplicity that with lightning network will render altcoins even more obsolete. Quality over quantity, always.

It makes no sense to me to ask others how they have dealt with their situation, because everyone has its own way of dealing with it. Advice is fine, but the fundamental basis to solve problems has to come from you.

You have to make sure you can solve your own problems instead of relying on others, which might even work against you if you taking things for granted that you see as good, but aren't good in your situation at all.

Self improvement is the most important aspect of life, where in most cases common sense is enough to help you through everything. We think we need help from others, but we really don't.

Absolutely.

Not all countries will do the same unless they are looking to pull off the same scam as what Maduro did. In more realistic terms governments will tokenize their fiat system and have it operate on a 1:1 basis.

You are subject to all the negativity from traditional fiat currencies, but just in a different jacket. It grants you more overall convenience, and the governments more overall control. People shouldn't fall for it.

They will be able to dictate every aspect of what you do financially, and that without needing the banks to cooperate. People will become more of a slave of this system than ever before.

I can happily say that I never experienced anything of that severity, but I can remember how in my early days here trading was a stressful practice. My mood adjusted based on how well I did with trading.

It all comes down to discipline in the end, and as long as you can make sure it won't bother your outside the crypto market performance, you can combine everything without your regular job suffering.

Crypto is new and exciting, and people want to dive into it as soon as possible, which is understandable, but it's not worth going nuts over initially. In most cases it only leads to problems outside the crypto space.

Crypto is here to stay, just like all the market opportunities, so people should just calmly roll themselves into this market. There is no need to rush everything, which will work against you.

Instead of reporting about what's happening in Italy, which at this point in time isn't affecting Bitcoin in any way, they (the media) should dive into what's happening with BitMEX and how the market is being trolled constantly.

It's pretty obvious how massive leveraged positions are opened just before the price goes up or down. If authorities are upping their game when it comes to manipulation, they should focus on that.

The media just lost its mind. It's nothing more than a lack of worthy subjects to write about. Today they believe the bulls are back, where tomorrow according to them the bears have regained territory.

The market itself is as unmotivated as it has been for weeks now. Italy will only start shaking up the regular economy when there is an actual threat, and right now there is none. It's just speculation as always.

Why would they focus on providing people support when regardless of what they put their users through, they know that people are almost forced to keep using them. Providing support is time consuming and expensive.

If they can have a very small group of people being responsible for the day to day operations, their operational cost will be extremely low. Low operational cost means more net profit every month.

The only way to make them improve their services is to stop using them until they actually start improving things. It's money they are after, which is directly the easiest way to hit (pun intended) that exchange as hard as possible.

They will only listen to you if they realize that their future income is at risk.

In both cases it's not viable for the government. Theoretically they could survive without tax income, but it would require them to be productive on their own, and not many countries work like that.

The system is largely build up to use every entity in the economy as cash cow, which is something that has been going on for decades now. I don't ever think the government will change a working system.

The mass will follow the government's path, where the few brave and smart people will look to distance themselves from it. Governments know that, and as long as they have the sheeples (the mass) following them, they are secured.