Bitcoin on the rally to $16K and take a brief dip to $14,900, I thought it will drop to $13K but it turns out to hold the support level at$15K right now, assume bitcoin on periods of sideways and retesting to rise up again, well this process may take more than a week.
Before bitcoin could break $20K again, there are a lot of resistance levels to overcome, but the odds are still high to close at $20K by the end of the year if the parabolic uptrend happens again.

He said about technical doubt, yes it may be about that, he will figure it out because it's not that hard to hire someone or just add a barcode/address by himself for bitcoin payment.
However, he also questioned about risk and safety. We know how crypto payments work, many people have done it on their websites too, even for charity.
There is no risk other than volatility, fees, and confirmation time required for a transaction, so it is safe.

Yes, it is safe as bitcoin payment is irreversible, besides the volatility and confirmation time, nothing to worry about it.
Since many people using bitcoin in the UK, then it's a good idea to add a crypto payment option.
Buyer and seller should understand that both parties have to wait until 1 confirmation received on your wallet, then you proceed buyer's order.

It's not easy though, tiring and costs a lot of time to watch the market graph and planning the strategy over time based on technical and trend analysis, and don't forget the high risk to lose.
in short, day trading isn't for layman in the trading battle field. Better to buy and waiting for a week or a month to sell it.

Shitcoins meant to be wasted, nothing good will happen for those coins, let alone trade them, it simply worthless.
I consider stellar lumens won't achieve a higher price, look at the price chart, barely maintain its position at $0,1 since last year.
Better to stick with some famous altcoins since the price always tends to rise whenever bitcoin climb up.

What he was saying about bitcoin price not only drive-by supply and demand of bitcoin but also the depreciation of the currency, in this case, the US dollar devaluation.
it's a common thing that prices for goods and services to rise due to inflation, so does bitcoin price, just like gold which has relatively stable value over centuries.
Although bitcoin price is more volatile than gold, it still holds the value as an alternative to central bank-controlled fiat money.

It's not identical, there are a lot of differences between these two years, even if you look at the price comparison, bitcoin price in early November 2017 was ~$7,100 but in 2020 it's $15,700. Bitcoin rally in 2017 happened in September-December, but in 2020 the bull run starts from April and the price gradually increases and decreases through these 7 months. a relatively short pump for bitcoin and altcoins in 2017 and a more mature market in 2020, and it's just the beginning as bitcoin will reach a new ATH in 2021 imo.
But for altcoins, only a few that could follow bitcoin path to rise, just some major altcoins as we can see at the market right now.

I tend to agree this significant rise of bitcoin price within days seems related to the US election, as bitcoin in the US market is one of the biggest, many companies and institutional investors recently investing in bitcoin came from the US. Because it's not only for the short term, whoever is elected as president will directly influence the market for the long term because of the policies that will be implemented.
"Longer term, however, a Joe Biden victory would be better for Bitcoin and gold because that would imply an unprecedented level of government spending"

We speculate about this matter but it turns out like this, which means this address bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6 belongs to the US government now. they are bitcoin whale after seized those coins.
in the same way as in the past, bitcoin in authorities' custody will be sold at the federal auction. at least we know, it won't be dumped into the market anytime soon.

Many traders predict bitcoin bull run will reach $20K in December and probably a new all-time high as bitcoin is just 28% away from establishing a new one.
Right now, bitcoin price at $15,900 and still continue to climb higher, according to trend analysis this rally may be extended to $17K before a pullback.
I won't so confident to say bitcoin will reach $50K this time, it would be great if bitcoin breaks the resistance level step by step to $20K.

Amazing achievement if I may say for early November as many traders expected bitcoin to reach $15K by the end of the month but actually it's not.
and not just test the resistance level at $15K, it keeps on the rally to $15,200 and market sentiment still at strong buy which means it could reach the higher mark before the end of the day.

yes, I saw it, bitcoin at $14,900 like a minute ago on preev but then drop to $14,800.
Bitcoin may reach $15K in the near future or maybe today.
Not sure who, where, or which exchanges got a huge influx of money from investors buying bitcoin, but it's close to reaching that mark.
Some technical analysis I've been following gets it in the right frame.

it makes sense since all the hack cases always end up did the same thing, spread the coins into numerous wallets.
Those 69,370 bitcoins associated with the silk road, which means whoever owns the wallet can't freely move it into exchanges or mixer without being traced, all the time.
it happened in April but there is no movement yet to date, well just chill about it.

According to current market condition, no need to wait for 5 years, you'll get profits if you buy now and wait for 1-2 months as bitcoin in the bull run right now, expected to reach $15K-$16k. Bitcoin succeed to break $14K resistance after a few times attempt and dips, now it's facing $14,500 resistance and $13,900 support level.
The volatility of the market is unavoidable, so just bear in mind to be careful and be patient wait for the right time to buy or sell at the right time according to your plans, manage the risk and your money.

At first, I thought it was the insurance company that back-up Binance in case something like this ever happens, apparently it wasn't.
However it questionable as the scammer was willing to return the funds as 99,9% recovered.
it seems there will be no law enforcement or prosecution in this case.

After being contacted by Binance, the scammer returned the funds to the exchange.
CoinDesk asked the exchange if it had reported the scammer to law enforcement, but a reply hadn't been received by press time.
~
According to Binance, the undisclosed scammer was “quick to cooperate in an attempt to avoid the impending consequences.”
source

We can't say for sure, who knows whether it was the hacker or the owners that moved those bitcoins. But it connected to silk road.
The market may panic sell if those coins get into exchanges, but first it has to enter the mixer, then lost track of it.

69,370 Bitcoin from an address associated with the Silk Road darknet market.
According to a Nov. 3 report from crypto intelligence firm CipherTrace, the recent movement involving two transactions adding up to 69,370 Bitcoin (BTC) — or more than $960 million at the time of publication — originated from an address connected with the Silk Road marketplace, which was shut down in 2013. The crypto user first sent 1 BTC — likely as a test transaction — before moving the bulk of the coins.

“These movements could possibly mean that the wallet owner is moving funds to new addresses to prevent hackers from accessing the wallet.dat file or that hackers have already cracked the file.”


https://cointelegraph.com/news/1b-of-bitcoin-from-silk-road-wallet-moves-for-first-time-since-2015

France's second lockdown will restrict people to their homes until at least December 1.
 No wonder why people flee the city and for them who don't have any other choice but to stay are not in doom, they still can go to work, school, and shopping for essential things. Well, the government and citizens have learned from the first lockdown what they have to do and don't. So, as long as they can reduce the number of people infected with the corona, it will be better for future economic growth rather than having to deal with many deaths due to this pandemic.

Today bitcoin price reaches $14K for a moment and then drops to $13,800, a volatile market obviously.
You can check some technical analysis where bitcoin is heading, mostly show that it will break $14K and may reach $15K by in this month.
No one can guarantee it will happen 100% but the sign and market sentiment leads there.
Don't invest what you can't afford to lose, you can wait as long as you want, but I doubt it will fall below $12K anytime soon.

But not the right decision for citizens to use that national remittance service.
What is the point to send bitcoin or litecoin through government oversight if people could send it directly one to another wallet? without being unnoticed by the government and without paying fees that may be charged. The best way to spend it directly to merchants if there are some accept it as means of payment, no need to convert bitcoin/litecoin to petro or bolivar.

Obviously not a new way.
Even newbies in bitcoin community should aware of this kind of fraud, it's not a matter of newbie or not but how people think rationally.
if something is too good to be true and people have to pay something upfront with the lure of multiple returns, then it's more likely a scam.
Many people fall for another way of fraudulent, such as a scammer impersonate as someone or a website, people who don't check it carefully will be deceived.