this doesn't even make any sense and you are wrong about some parts. i made them bold.

first is the fact that there was only talk about a big company in Japan releasing their new ASIC that they claim is more efficient than Bitmain's ASICs. i don't think it has reached any "farms" (not pools) yet.

second even if they already have it and it costs less for them to mine bitcoin that still doesn't mean they are going to sell it for less! that is not even a logical human behavior.
imagine this, you are in a signature campaign and lets say they pay you 0.01BTC per week which you sell. if next week they pay you 0.015BTC and price is $7500 will you sell your  coins for $6000 per bitcoin? then why do you think miners will sell it for anything lower?

no

even a broken clock is right twice a day.
making random guesses online is not the same thing as speculation. what you are doing here is making a random guess.

what are your arguments about this "prediction"? did you see it in your sleep? did you see it in some magic ball which shows you the future?
because what i see is you talking about how people laughed at you. and you know what people ARE laughing at you right now too, not because the price you said but because you made a random guess. even if price actually go es to $5900 by late June people will still laugh at you because you are naive enough to think you actually "predicted" it.

there are two things here.
first those miners that already have the mining equipment aka ASICs. they won't move. why would they? they already have what they want. so nothing is going to change there.
second is those who don't have ASIC and plan on buying. these can always buy from others, like buying second hand, additionally these days others are entering ASIC market. for instance the internet giant GMO from Japan recently released their ASIC miners. Intel also plans on making ASICs
https://www.ccn.com/gmo-unveils-japans-first-ever-bitcoin-mining-rig/
https://www.theregister.co.uk/2018/05/23/intels_first_commercial_ai_chips_will_arrive_in_2019/

not really. bitcoin is still too small. when you are inside it and are only hanging out in bitcoin related gatherings on the internet all you see is bitcoin-related discussions so you may think it is stirring a lot of debates!

not really!
last year price was $900 and now it is $7500+ which is a 733% rise in ~1.5 year time.
what do "naysayers" have to say?

wrong again.
price is at $7588 at this moment which remains well above last year's $900

wrong again.
everything is still pretty much the same. the "surge of interest" will come when price goes above $9k at least.

your title is very misleading. bitcoin did not become an asset. bitcoin is still bitcoin, nothing has changed there. it is just the government of one country (south Korea) that is now considering bitcoin as an asset.

i think it is too soon for us to say if it is good or bad. the fact that they officially talked about their stance about bitcoin is a good thing but depending on taxation and other possible restrictions or lack thereof it can be good or bad.

they are not trying to destroy anything, it is just that news sites are mostly click baits who do not care about bitcoin at all, they care only about making money. that is why they created the website in first place. and they all are like this, some more than others.
so when a bad news (usually FUD) is around they keep on exaggerating it to get more clicks and traffic and earn more money.

as the name suggests it is fear of "missing out". and people don't start their panic buys until it is too late and we are way past the bottom. meaning somewhere above $10k most probably.  a sharp rise possibly to $15k is not unlikely.
it is like the opposite of panic sells where they sell too late when everyone else has sold and price is near bottom.

this is the problem that i have also experienced. all the decentralized exchanges that i have seen are too complicated and not-user-friendly.  there is also a certain level of slowness to them in my experience which doesn't yet compete with the centralized ones where you can make buys and sells in matter of seconds (of course only when there is not a big load on their servers and they are not going down!)

every asset can have bubbles. a bubble is not just the ones that OP listed or you hear about. a bubble is basically when price of the asset is higher than its intrinsic value. every stock can have them, everything else you can think of from gold to real estate and to bitcoin can have bubbles and they do have them from time to time. and after the bubble bursts ALL of them start rising back up again.
bitcoin goes higher than the peak because its demand is still increasing and we are not yet at the mass adoption otherwise it would have gone back up but not to above the peak like what happens to most altcoins. they have no real demand so when the bubble bursts the fake pumped up demand goes away for good.

if you actually look at the chart of bitcoin in the past you can see that the the "go back" only took a year or two once and no more. the rest of them have been extremely short like 6 months compared to that. and their bubbles were even bigger than the last one!

well then we should already be rising since it has already been nearly half a year of downtime. what is your explanation?

so far there is no indication of that. but i do believe that his bear market will not be one of the long ones.

that is half the problem that we are having in bitcoin. the bubbles over there bursting are putting a lot of pressure on the whole bitcoin market.

it has always been bitcoin and it will always be bitcoin that everyone will aim for. only the advertisement on the internet will tell you otherwise and some people think like that after a while of being told to invest in X and Y altcoins.

back in 2017 everyone knew this but we had a couple of months of serious spam attacks against bitcoin and also a lot of drama and FUD was spread about bitcoin which meant a good opportunity for altcoins to swoop in and get pumped. but surely enough as the pumping craze ended so did the altcoin season.

FOMO is not going to hit the market at least until price reaches $9000 level again and that will depend on how it will get there. for example if it takes 3 months to go from current price to $9k levels there won't be any FOMO but if it is faster then we may see some newbies pouring in.

besides OP is contradicting himself because if a FOMO happens price won't go that high in 6 months. FOMO is never a stable rise and it can never be a big one either.

if YOU are so worried about the "network" and it not losing YOUR coins then there is a simple solution for it without needing to change anything about bitcoin.

use timelock.

current block height is 526297 you want us to spend your coins after you die in X years then right now create a transaction and send your coins as a donation and in that transaction set the timelock to:
526297 + (X years * 365 days * 144 blocks/day)
for example if you have 1 year in mind then you set it to 578857

the most secure way of storing bitcoin is always going to be an actual offline wallet such as a paper wallet. hardware wallets are not exactly cold storages, they are more like secure storages.
there has been cases of exploits in different hardware wallets that actually leaked private keys. fortunately no serious losses has been recorded as far as i can tell but as you can see there is no 100% safety.

it certainly needs enhancement and a lot of work then it needs to be adopted to be able to replace anything. but i do believe that it will some day replace the centralized altcoin exchanges. not those exchanges that work with fiat.

imagine a platform either a website or an application that you open on your PC or phone and you meet the same people to trade with as if you went to a traditional exchange but on this platform you use Atomic Swaps. that is basically the same thing and same features but without you trusting any third parties.

a very good point. but i say this is still bitcoin and small moves are pretty common and they may not trigger anything even if we are in such a range. for example currently this range is about $1000 at least. meaning upper part is at $8000 and lower is at about $7000. so going up from $7300 to $7600 isn't really going to change much.

nobody cares about China anymore as far as the cryptocurrency market is concerned. they burned through all their cards for FUD spreading purposes in the past two years in a lot of FUD one after another and their hands are seen by everyone now.

as for your speculation the problem with coming up with numbers like that is that you always come short in cases like this. there have been a lot of others who said the resistance is $7700 and if it reaches there you should buy because it is a bull market sign. and while we reached that nothing happened.

basically when you are using bitcoin you have to use a wallet on some device (phone, tablet, laptop, PC,...) and inside that wallet interface you should have any kind of conversion you like!
for example you may scan this  QR and your wallet GUI can show you the amount you are paying in Japanese Yen! it is just a simple multiplication that your wallet does and makes the unreadable QR dots into a user friendly number...

i can not access the website i get a 403 permission error so the site is not even worth checking out.
but just for the sake of it i took a look at the site for you.
the design is not bad, it looks mostly like bitcoinwisdom but with a lot more pairs. but has none of the options that bitcoinwisdon
i could not figure out what the update rate of the data is, but it certainly is NOT live (real time). there is a delay in it.


it depends on what you want to use it for.
if it is for trading purposes and making actual decisions and executing orders then NO, you should only use the exchanges live and nothing else.
but if it is just to see the price and know what is generally going on then it is fine to use tools like this. but when it comes to decision making you should go to the exchange.

you don't have to endure anything. you can always take actions and make the best out of a bad situation (or at least a situation that you consider bad).
during a bear market you still can make profit. the common way is to short everything that is falling like shorting altcoins. the other way is to trade the dead cat bounces meaning you buy the shitcoin after it has bled a lot and is about to jump a little then dump it fast after the jump. and finally you can always  trade coins that are pumping and we know there is never a shortage of them.