People don't care. They just want it to work and it does. If people really cared about Tether being a scam the volumes on exchanges wouldn't increase but decrease. So called Tether exchanges do not care either because they convert their profits in USDT to Bitcoin and sell that to actual USD on other exchanges.

As long as there is a possibility to convert USDT to Bitcoin, people will continue to value it at $1 a pop. They can get the actual USD elsewhere.

The requirements for an exchange to be listed on CMC can be found here.

Based on that it doesn't seem they accept payment through the regular route, but it may be that they after a year or so do send exchanges an email that they should pay x amount to stay listed. Considering that a CMC listing is a pretty big deal, exchanges will likely proceed. Just speculation though. I have no evidence to back that up.

It's hilarious (not in positive sense) to see "Bitcoin maximalists" like Tone Vays and Peter McCormack attempt to make his project look like a scam, while in reality they make themselves look like imbeciles donating free exposure to Richard. It's obviously a scam, why do people feel the need to point that out by debating him? All Ether tokens sent to the contract are his. Currently that's +$5 million worth.

How did CSW grow his popularity? By having people so desperately trying to expose him as fakesatoshi. Richard's popularity grows the more people are trying to expose his scam.

It's an opinion based on gut feelings. We all have these feelings, but when you follow the actual technicals, you'll be right more often than you are wrong.

The problem with people's feelings is that they are mostly based on a bias to see the price go up because they hold a lot of Bitcoin or some other shitcoins. I'm pretty sure that even if these people do understand how technical analysis works, and thus acknowledge the bearish posture of the market, they will probably still be hoping for the price to go up any time soon.

It also doesn't help that there are youtubers constantly posting hype'ish bullish fundamentals content while the price keeps going down. Just be honest about the market and don't let people unnecessarily suffer. Those pumping and dumping the market don't care about fundamentals, they are here just for a quick buck.

It didn't hit Bitcoin. It hit centralized platforms providing a service to people. It was bound to happen because the easiest targets are centralized platforms.

I honestly expected regulators to step in sooner, but it seems that they either didn't take this space serious enough in the past, or they just didn't know how to deploy their regulatory framework covering everything related to crypto. If I had to guess, it's probably the latter because governments in general are super slow to catch up to new developments in the internet/tech field.

It won't take long before Yobit is one of the last standing centralized non-kyc exchanges. 

I'm not a book fanatic either, but it's actually an important aspect of trading. Watching videos on youtube is not really helpful since everyone nowadays pretends to be an expert or guru, and they all want to sell you signals, courses, webinars, etc. I would steer clear of them.

https://www.amazon.com/Market-Wizards-Interviews-Top-Traders-ebook/dp/B006X50OPW

That's a fantastic book to read where you are presented an insight in the minds of some of the most successful traders. One learns from those who successfully amassed wealth through trading different markets, not from clowns on social media no one ever heard of but pretend to be millionaire traders. Since when do millionaire traders want to sell you crap for $20?  

People here don't have patience.

It's quite funny actually, because I have seen some people on social media say that if the price doesn't go up, they will sell and buy stocks for example. The mad gains they hope to get from Bitcoin, can't ever be realized by buying stocks. You are better off holding Bitcoin for 2-4 years and potentially make 1000% than to hold stocks and make 50-100%.

Most of the people have the year 2017 function as benchmark for how a bull run should be playing out, while they completely disregard how much larger the market has grown. The market currently has more economical mass, more liquidity to chew through (though it's still peanuts in the grand sheme of things), and that means that cycles will take longer to play out. Basic market economics.

It depends on what you buy into though. If you're trading CFD's it's even more centralized than buying a basket of shitcoins. Some brokers that allow you to buy stocks and whatnot present their platform very well, but you don't own the right to anything. People skip the TOS and click agree to all terms faster than you can blink with your eye.

Even if the possibility was there, I wouldn't put a single one of my satoshis into a hyper inflated US stock market. Look at the Nasdaq and Dow Jones index charts, that's not a bull market anymore, but a dinosaur market. In all honesty, I consider buying US stocks at this stage more risky than buying Bitcoin. It's the biggest bubble mankind has ever witnessed.

What's Tether used for the most? Inflating crypto prices, mainly Bitcoin. If Tether prints new tokens, they will be inflating the price of Bitcoin. If Tether ends up having a +$100 billion market cap, it will have pumped Bitcoin and some other coins to the moon and beyond. It can't ever surpass Bitcoin, only some lower market cap shitcoins.

Another factor is that the larger Tether grows, the more incentive regulators have to dig into it for real this time. No way that regulators will let them thrive having over $100 billion in tokens. It's a centralized house of cards. They have been very kind to Tether thus far, but that could and probably will end one day.

It depends on the timing though. There was a guy on this forum (marky89 or something) who said to have sold Bitcoin near the highs and put that money in Gold. That was a good move looking back now. Currently I don't think it's a good move at all because 1) Bitcoin is heavily discounted as we speak, and 2) Gold has some more down side left.

Next time I see the price peak to fomo levels I will use Gold as a hedge by spending my Bitcoin at one of the Gold resellers. It's also great for me because it's not a taxable event in my country. It provides a legal route to not pay tax. Can't roll back time, but I can prepare myself better for the next lengthy correction after having peaked out.

It's actually quite an interesting crowd to ask, because it would expose people preferring crypto over fiat for day to day payments as liars. They just want to be accepted by others with a similar thinking while they in reality barely spend their coins at all.

In the end, I think it's good that people aren't spending their coins because that means that payment processors don't have to dump their coins on the market. They need a constant flow of fiat to pay out the merchants accepting Bitcoin, so they are forced to sell eventually, but before that, they tend to short Bitcoin to hedge against potential price decreases.

I personally prefer fiat too in most cases, but for quick online payments Bitcoin works well.

In general, if all these methods of guaranteed ROI worked, they wouldn't be shared with others. Would you lead some random get rich quick noobs on the internet to your Gold vein? I'm pretty sure you would not share that vein with others but keep it to yourself.

PlusToken, such an obvious scheme paying people 10% a month, yet they managed to make a few billion in Bitcoin and Ether. This once again shows that Bitconnect type of schemes still work to steal people's money. Result is that it will lead to even more retail exodus because they don't want to be reminded of what made them lose all their money.

"He" is a she. Noobies in crypto land refer to her as 'crypto mom'.

https://en.wikipedia.org/wiki/Hester_Peirce

By supporting regulators that dream will stay a dream for ever. Every individual or group attempting to become their own government within any country, will be squashed like a bug.

I honestly don't even buy into the idea of starting your own government. Even people within crypto are currupt, toxic, etc. They only care about their own incentives and will do everything necessary to make sure YOU don't stand in their way.

Are you referring to what appears to be a sharp V bottom? I would be a bit more confident if we find our way back up closer to $8000 and stay there, but the ~$7300 level is so crucial that it keeps lifting the price up when it drops below it, and drags it back down when it goes too far above it. Almost like a magnet.

If the price has bottomed out, the part that follows afterwards is something people hate a lot, which is boring sideways price action. This sideways price action can drag on for months. It might even trigger some investors to dump their bags out of boredom, but that's a good thing because there will be less selling pressure on the way up.

I'm a sucker for the 200 weekly moving average. Whenever the price is 'just' ~25% away from that moving average, which we almost are, it generally means that you are not buying into fomo hype if you choose to buy. It was my guide when we tanked below $4000 while people were speculating about sub $2000 and even sub $1000 levels.

From what I have seen on social media, the general consensus is that a low $5000's visit is due, which I do agree with from a technical point of view, but considering that a lot of people aim at buying there (which likely means that they have sold already), I'm a little bit more bullish and don't think we'll fall that low. I'm still open to the possibility, and we can still fall well under $7000 again, but I'll buy what I can.

It doesn't matter who the president of the US is, there is no room for a competitor (Bitcoin in this case) to their own government issued currency. In that regard, I'm pretty certain that she will adopt an anti Bitcoin stance similar to Trump's. We'll see her narrative change to something like; blockchain is a great invention, Bitcoin not so much.

Politicians are backstabbers and compulsive liars. They have no problems betraying the had that fed them, or the people they made promises to.

I think it's price versus fundamentals. It's hard to convince common folks that Bitcoin fundamentally is doing quite well while the price goes the other way. For a lot of people the price is a reflection of how Bitcoin is doing. Simply put; price up Bitcoin good, price down Bitcoin bad. In a way that's understandable from their position, because why does something go down when it's doing well?

If they knew how markets in general work, it would have been easier to explain them why there is so much speculation, what the effect of this speculation is, etc. You have to calmly articulate everything word by word so that they can understand it. It can be annoying, but when someone is open to accept a different view, they can pass that view to someone else eventually.

Another thing is that in some cases you have to explain why people need a hardware wallet while they can just as easily store their coins on an exchange for free. I'm glad that pointing them at the numerous hacks quickly convinces them to buy a hardware wallet, so that's definitely a plus.

Bakkt. CME. TD-Ameritrade. Fidelity is close to launching an exchanges as well. All highly regulated platforms. Coinbase isn't on that level, but they don't have to be. They have been operating with the highest standards for years and that allowed them to grow out to the monster they are today.

Can you also speak for yourself or do you have to cough up CSW's words and phrases in almost every one of your sentences?

The exchanges you refer to as casino brokers have served people well for years. Unfortunately, they are decreasing in number rapidly because of compliance bs.

There is no 'guaranteed' way to use Binance's main exchange. It's currently quite easy to access their platform and most functionalities through a VPN, but the moment they subject their users to kyc and whatnot, you will have some explaining to do when it comes to breaking their terms (which you do in that case). You will probably not get your funds back in that case.

Binance does have a 'DEX' but there are some serious doubts about it actually being decentralized or not. Considering that the goal for you is speculation, it's probably not the best idea to use a DEX for that purpose because of the lack of liquidity and the generally larger spreads (both aspects that make short term speculation not viable).

Makes little sense. If they wanted to properly filter out the garbage posters, they would have shut it down on their end and let Yahoo manually select and pay the participants.

Yobit only cares about the exposure the posters with their signature on provide, and that's actually a lot because you can't open a thread without a few of them popping up in your face. The more annoyed we are looking at their signature, the more success they have because it means their signature is visible across all boards basically.