When there are no visible reasons people look for conspiracies but maybe there was none?

Bitcoin was slowly falling for months and it was clear that it would fall. The same thing was happening when we were at 6000. We were hitting the floor and going back up to get rejected and after a while we broke down. Some big investors gathered some money and set up shorts at 9000 at the same time dumping over a million dollars in a single transaction to break through the floor and make money. Easy profit.

They want you to post here. This is straight from their site



You're probably right. Try a VPN.

I think that we are still in bull and following EMA or triangles is not going to tell you with certainty in which cycle we are. We were in bear but did not go below 3000 and instead doubled that in a few days and went past the crucial level of 6 and then 10 thousand. Now we are in a crash from that level but this doesn't have to mean a full long bear cycle again. There was no all time high like every time when we crashed and entered bear market.

It was only a short pump followed by a short dump. Until I see us go back below 5000 dollars I'll say we are in a bull market.

This is also how I see this situation. I was buying everything I could when we fell below 6000 dollars last year and started selling hen we went back up. I did not sell at the top of 12 thousand but still closed all my trades with an over 100% profit. Now I'm looking for another opportunity to buy back if we enter a bear market again.

I don't think we are there yet and I don't think we will go there but if we do I'll be ready with some fiat.

I got an email from Yobit that they want to start their campaign again. This time they are not promoting their site but another forum called cryptotalk.

I wonder what it's all about. An attempt to get some users to move to another forum? Not going to work but if they're ready to pay for it there will be many people ready to spam for them again...

Still bull. We were going down for a year and on the path to sub 3000 dollars but broke that and went above 6000.

That run from 6 to 12 was a FOMO rally but the core move to 6000 is still there untouched. We're only deflating a balloon made of weak hands and FOMO kids that's all.

Not all Bitcoin investors are traders and not all that you see happening on exchanges should be acted upon. You can participate in the rat race or not.

I don't see any issues. It's you who sees Bitcoin as slow and energy consuming. I see it as fast because it is much faster than my bank and I don't care about its energy consumption because it's paying for itself. It's not stealing energy from someone but using what it can afford. When it's not worth it for the miners they will stop paying for it and you can sleep well knowing that now your bank is using all that energy.

It is not even a bit close! How can hash rate be responsible for someone dumping millions of dollars worth of BTC on an exchange. Are you saying that some group of investors saw the hash rate go down and sold? And then the hashrate went up but they did not buy back. Why would someone base their trading on hash rate?

Hash rate is going up and down on regular basis and there was a very similar hash drop in August but without such a big coin dump. You're looking for patterns where there are none.

Fucking volatile. It does that often. In May it dumped from 8000 to 6000 in a day. In June 13000 to 10000 also in a day. Then it went from 13000 to 11000 in July. Today in September 9700 to 8000 also in a day.

See any similarities? It happens almost every month. Stop bitching and panicking it's about time you've learned!

It's funny how months ago when Bakkt got delayed again nobody was blaming it and we continued upwards. Now when it's already here people are blaming everything on it!

Bakkt was supposed to launch months ago and it did not stop the price from gelling below 4000 dollars. It also did not make it go back up to 10 thousand. Stop blaming bakkt for normal price action.

+/- 10% is normal for bitcoin and you don't need any news for it to happen! Last move like that was in June when we went from 13800 to 10000. Was that also Bakkt?

Do you even know how long it will be before a first quantum calculation is made and a real use of quantum computing? These are not normal systems you have to teach them how to think and make connections in a specific case.

Even when there are functioning quantum computers they will have no software and it will take years to develop. They will be like those early computers in the 50s.
Your coins are safe and will be safe next year and the year after that.

So you're saying that we need anonymity because people want to avoid paying taxes? This is a stupid reasoning. Most people would pay their crypto taxes if they knew the government was fair and just and would never come after them asking where did they get the money and trying to investigate them and know their spending habits.

What I'm scared of is being on some secret list of bitcoin holders that can be later used to tax me further because some politician decides that bitcoiners are bad for the economy.

Right, Poland One of the countries where playing poker for money is illegal. I hope they won't get him. Prosecuting people for gambling is like prosecuting them for downloading a movie from torrents. It achieves nothing and only wastes taxpayers money.

ATMs are great and I hope their numbers keep growing. They are a much better option than going through a personal bank account and do a good job promoting BTC. I saw people approaching them just to find out what they're for.

Usually people are bullish in anticipation of this event and then sell after it happens or just before.

In the long run halving is great and will increase the value of bitcoin but for this process to kick in some time has to pass. New mining equipment will have more power and be more expensive to run making fresh bitcoins much more valuable but the whole economy won't double in value just like that because rewards got halved.

There's a number of things that I buy and that I would buy if they were available. I'm using a VPN service that I paid for in cryptocurrency. I bought some things on Amazon mainly electronics and gifts for my friends.

I'd like to be able to buy a used car for crypto and not have to overpay for taking this option. Now you can do it but only at expensive dealerships and the same car often costs less if you choose fiat money so it's not a good option. I'd also like to be able to pay in restaurants with my crypto.

Are you really asking us how to stop leverage trading? The simplest answer is to just do it. Like an addict that stops smoking or drinking you just do it!

If you really want to keep trading go to a 2x leverage or 3x if you must. Most pro traders do not recommend high leverages at all. It's too easy to get liquidated and lose everything.

I do compare it. I like to see if maybe there's something that I missed or maybe there's a good idea that I should follow. I never do what others are telling me to do without rethinking it and comparing it with a number of other charts. I don't day trade so I have a lot of time to rethink my moves. Don't get too excited in trading or you will fail.

Why are you saying that the market is down? Altcoins have pumped quite a bit in the last few days and we are slowly recovering from a year long bear market.

You can call say that I'm too positive and subjective but this is how I see it. We are doing very well in the crypto space and calling the market bad because we are not getting ATH every new year is stupid.

It's normal to be afraid. It would be strange if you werent and begun to throw money around.

Think of it like this. You have time. Good coins aren't on a timer but bad ones are. If you're not sure observe them and wait for them to prove their worth. A good project will still be there next month but a bad one can be gone already.

Things like that happened before. Politicians accepting bitcoin donations, politicians saying they are holders, countries offering 0% tax on Bitcoin. A sports team wearing bitcoin sign is also great but it's a matter of time before more companies sports teams and influencers do it. Adoption is increasing with every day.