It's not changing all that much. More users doesn't necessarily mean they bring in liquidity, where if we look at the last few years, not much has changed for the better in that aspect.

Exchanges still operate with extremely thin order books, and I don't see it improve without institutions bringing in hundreds of millions in fresh capital. It's professional capital that will eventually lead to stability.

Once institutions are actually entering the market, they will start with squeezing out every satoshi from the average joes, and then completely rule this market with iron fist. It will mimic the stock market.

It's impossible to say before what year it will happen, but make sure you prepare yourself for it. Every matured asset class is taken over by institutions, and Bitcoin won't be an exception. It's too profitable to not take it over.

I don't like everything around Bcash, but Roger has always been a great source of marketing for Bitcoin in the very early days. Too bad he has completely lost his mind in the worst possible way.

The reason he doesn't consider his Bcash project to be an altcoin is because of his plan to surpass Bitcoin at some point in the future. It's his only option left after having failed to take over Bitcoin with other toxic beings.

I don't hate him. I think he is mentally challenged and actually believes he's following the right path. It makes him look like someone badly in need of professional help, and every serious investor can see that.

No one in his right mind will pump millions in Bcash other than Roger himself.

The thing with this market is that it does the opposite of what people expect, and when we do come close to that important $6000 mark, the mass thinks it will break, but the price will likely bounce back up.

Current price is close to fair, and if we do manage to keep it above the $7000 mark, it will help increase people's confidence from where we potentially might have seen a new bottom form.

I however can't rule out the possibility of another $6400 test, and if that level turns out to hold, we might bounce back up for ever. The coming few weeks will prove to be very important for the market, that's for sure.

I have read some other articles concerning the same subject, and it quickly becomes clear that there is just one reason for this, and that is just to collect as much money as possible, which only points at greed.

These people don't care about Satoshi, but only use it as a smoke screen to hide their actual motive, which as always comes down to money. It's nothing new anymore nowadays, but the creativity reached a new level here.

I am sure that if they ever manage to settle a statue somewhere, Roger Ver will come up with an opposite reaction, and I am actually looking forward to it. Japan is his home ground, so I expect a statue of his face in Tokyo.

It is good news, but there are two sides to this. The one aside from the positive side is that these ATMs are very expensive to use, and in some cases very vague just to hide the fact that there is a hefty fee people are subject to.

I get it that there is a business behind them that needs to make profit, but in some cases a fee of $20-$30 gets charged, which is just insane, and then I am not referring to the network fees, but just the operational fee.

If someone for the first time tries to buy Bitcoin through an ATM, the first experience is very important. If that first experience is bad, then that means he will likely not advice any of his friends or family to use it, which isn't good.

People buying Bitcoin for the first time do it with a small amount of money, and if you by surprise find out that you don't have $100 worth of Bitcoin but just $75, then it will definitely sting badly. They have to become transparent.

Actually, there is no first mover advantage when it comes to transactions, or more precisely said, not anymore. Double spending with a higher fee will make sure the later transaction confirms before the first one.

It's all economics based, where miners only confirm transactions with the highest fees, especially in times where unconfirmed transactions are piled up and impossible to confirm by the next block.

That will actually fuel Bitcoin even more as base currency. People will buy Bitcoin where they can, and trade crypto to crypto on these decentralized exchanges till they are done and start to cash out in the same way they entered.

It's also going to be interesting how atomic swaps will gain ground in the coming years. Theoretically right now it's only LTC>BTC and vice versa, but I can see it become a more global thing later on.

It will allow everyone to even bypass decentralized exchanges if deployed globally. We decide the exchange rate of the trades, where the market effect will even things out to add liquidity and fair exchange rates.

If you just remain completely neutral you won't have to suffer at all. People make themselves suffer because of their crazy expectations, which is completely unnecessary and even quite noobish.

I am literally prepared for everything. I won't be surprised if the market shoots back up, but also wouldn't be surprised if it tanks hard. I am accumulating on a weekly to biweekly basis, so a lower price works in my advantage.

The failed attempt to break the $10,000 mark was the confirmation that there is zero buyer interest around these levels, and there might not even be enough buyer interest around current levels.

Early adopters weren't doubtful back in the days, only people who didn't understand Bitcoin's potential were. In the same way, the majority of the people still don't understand Bitcoin's potential. I don't think it will ever change.

The only difference is that we have more people investing in Bitcoin right now, but that doesn't say anything about them also understanding the underlying technology that makes Bitcoin so powerful.

Some times even legendary members here don't know the very basics. It all comes down to people only being here to make money. If making money is your only incentive to be here, you won't bother to understand Bitcoin.

It's not crypto related, but there have been cases where the authorities terrorized people by cutting them off from every possible service that requires an initial background check.

It means no bank accounts can be opened, no loans, no house that you can rent, nothing. And everything of value that you have gets seized and auctioned off. That's quite shocking actually.

To make it even worse, jail time is a potential outcome as well. How far are you willing to go in these cases? Most people will admit defeat and then still do what the tax department wants them to do.

Bitcoin is ready for the current level of usage. What OP is talking about has nothing to do with Bitcoin itself, but with a centralized service functioning as payment gateway. If they accepted Bitcoin directly it would have worked.

Merchants however will not accept Bitcoin directly due to the volatility, so these payment gateways will keep playing an important role for many more years to come. Stability is all that we need, LN will do the rest.

People keep complaining about Bitcoin not being able to function as proper currency, but the far majority of the people aren't even using it as such, and more importantly, they are just interested in Bitcoin's investment aspect.

What's the point of complaining about something you don't use?

Legacy account only means that you created your account before certain very important term changes were forced through.

This title however doesn't prove to hold much value. Bittrex has automatically changed the status of all legacy accounts to have them comply with their recently changed terms, which people are massively complaining about.

I had a pretty solid withdrawal limit before this trolling started, but it got downgraded to just 0.4BTC which is quite demotivating. If the price keeps going up, basic accounts will only be allowed to withdraw 0.10BTC.

Normal people should distance themselves from mining because there is not much to gain anyway. Getting your initial investment back takes more than a year, and that is like an eternity in the crypto world.

The first few months of the year have always been months with relatively lower levels, which grants people more than fair levels to buy at. Instead of investing in GPUs, invest it in crypto.

Direct investments in crypto means less of all the negative variables that mining exposes you to, but more potential gains, especially if you take advantage of this market's longer term price swings.

Every year offers multiple profitable enter and exit moments.

Current figures are meaningless since they represent last year only. I expect a very strong increase in tax declarations from the so called high income traders over the current year.

With how tax regulations can't really be avoided and ignored anymore, I would aim to see at least 5000 traders declare their profits. Anything below that would be quite a disappointment with how popular Bitcoin there is.

I wonder if there will ever be a point where they rework their crypto tax rates. If you can't tempt to make people declare their profits at current rates, you have to lower them in order to take away the main obstacle.

I am confident that we'll be demolishing the $20,000 mark next year, but I also wouldn't be surprised if it happens this year. In percentage terms, 75% chance that it happens next year, and 25% chance for this year.

The thing is that the market is too thin to rule out a major surge beyond that what we consider unlikely today. I am actually happy to see people not having much faith in the current year anymore.

The more we expect the price to go up, the less likely it is, and that directly applies to the opposite as well. The market has been doing the opposite of what we expected to happen, and that might be the case right now.

Not sure what country you are from, but 40% interest on high value dollar loans is mind boggling. The interest rate that my bank offers me on a €10,000 loan is 5%. Other financial services offer even lower rates.

The 40% interest rates you are talking about apply to quick loan business looking to take advantage of people who are short of a few hundred bucks. It's a disgusting way of doing business, but no one forces you to use them.

The general idea of loans is that the higher the amount is, the lower the interest rate. There is no way whatever properly licensed financial service will charge 40% interest on +$5000 loans.

That's a sign for the smart to buy the dip as soon as possible.

I think that there is one exchange specifically contributing to manipulative behavior due to all its tools and features, and that exchange is called BitMEX. This exchange alone has a $2.6 billion 24h BTC/USD volume.

If we look at the volumes of the other large exchanges, then there are only a few exchanges having a 24h volume of around $200 million. The rest all have volumes far below that. It's quite an interesting development.

Not that long ago BitMEXs 24h volume even exceeded the $5 billion mark. 

CNBC has been subject to loads of manipulation accusations recently, and I do largely agree with that. Another thing is that they seem to be in favor of BCH, which is getting more obvious with the day.

They know exactly what guests they have to invite in order to show that bias. Nearly all of these guests are in favor of everything aside from Bitcoin, but they see value in BCH, which is ridiculous.

BCH adds absolutely nothing to this market, where I would even like to call the most redundant Bitcoin fork ever. How can someone genuinely prefer BCH over Bitcoin? It clearly shows that there is an anti Bitcoin campaign going.

Ver dollars are doing their work.

That. Never blame the tool for that what people do with it. In this case it doesn't even concern actual links and images. The 'content' in the blockchain they are talking about are hashes.

Only wrong intended people know how to gain access to these files. 99.9% of the people don't even know what a hash is, let alone how to locate the block containing it and the exact hashes. It's trash talk meant to tarnish Bitcoin.

What if these hashes get emailed to government employees in a text file and they download it? Does that mean we should banish the government? It's all just nonsense. 

If we look at how Yobit & Co have been growing significantly since last year, then it's clear that people don't bother to listen to any given advice. They just want to trade trash coins at all cost.

It's not even worth telling people to not use these exchanges anymore, because they will do it anyway due to their greed stupidity. It's like talking to a wall. It doesn't have any effect.

Yobit & Co will keep growing and at some point everyone using them will pay the price for it. These exchanges ignore all regulations and refuse to change it in order to become compliant. It can't end well.