It's not your fault and it's not related to the recent ad ban as some people seem to think. In the last year or two, a lot crypto related Twitter accounts have been suspended for ever, and that without any clear reason.

I personally think that it has to do with large scale reports against your Twitter handle, but I'm not in a position to provide any proof because we don't even know what's going on here.

It's pretty lame to see them just point you to their rules page, but fail to specifically name up the exact reason. There are some decent free Twitter handles that you can register, I'll PM you them now.

You do realize that Japan has a pretty steep taxation policy for the top earners, right? If your profits exceed the $365,000 equivalent point, you are subject to a 55% tax rate over your profits.

People are all very supportive of technology and everything around it, but are people actually willing to accept being subject to these tax schemes? I would definitely visit Japan, but not completely move over.

I am mostly a hodler only, where I do some occasional trading, but I don't mind discarding the trading aspect to solely keep hodling. I just need to figure out what country doesn't specifically tax wealth every year.

I find that to be a horrible aspect of the greedy nature of governments. Why am I supposed to pay tax over my wealth that I paid enough tax over already?

It's ignorance at best, and also the rough nature of this market messing with people. If the price ends up being stable for a while, people get bored and open threads asking what the reason is and when volatility will return.

Once the market is volatile again, people then complain about how Bitcoin isn't usable as currency because it's not as stable as this or that fiat currency. People just don't know what to do or think anymore.

I would even say that there is a certain form of hypocrisy involved because of how everything depends on their mood and their moment of entering the market. These people aren't contributing to this ecosystem at all.

For most people being part of this market for a longer while volatility isn't a disturbing factor, but for a lot newbies that's their daily reality. Price up is Bitcoin doing all fine, where price down means it's losing popularity.

It's broken logic not making any sense, but how do you convince them otherwise? They have to find it out themselves, because with how much information there is available, it clearly didn't help them to learn anything.

Or they simply don't bother to do any research. It might very well be a combination of both factors. Either way, they need to dive in the Bitcoin river to figure out how to behave and how everything is working here.

Losing money is the best possible form of education. If even losing money doesn't make you learn from mistakes, then know that you are mentally not capable of investing in any market.

He doesn't only put his money where his mouth is, but he entered the market years ago when everything was still more or less a 'fun market', which just makes me respect him more.

If we look at others who do basically the same in terms of having their opinion known, they are all recent hype riders just caring about the value of their coins to later cash out and likely become a skeptic.

Most people who cash out end up being a skeptic, all to justify their decision to cash out. Great thing is that the price keeps going up, which surely must burn inside them now they see they missed out.

Who cares anyway. Legitimate services never really bothered to buy ad space to market themselves, because their reputation speaks for them which is the strongest possible form of marketing ever.

In most cases it's ICO's and altcoins and vague services looking to advertise themselves through social media platforms, where the far majority of the people don't ever click on these ads at all.

Can anyone active on various social media platforms tell me if they have seen the largest services in this ecosystem actually advertise themselves there? I am not that active, but till this day, I haven't seen one.

Forex trading based on your preference, can be relatively low risk, or extremely risky if you think certain trading features fit within your calculated risk management. It's not as easy as it may look.

People on a daily basis either make millions, or lose millions. If you don't know what you are doing, you are very likely going to fit in the latter category, as loser, especially if you start dealing with crazy leverage multipliers.

Forex brokers make high risk features way too accessible to people, which is something that needs to change. I get it that people trade at their own risk, but these brokers should value people's wellbeing instead of their greed.

Newbies don't know how to calculate risks.

Actually, traders prefer the market's volatility since that is the market condition they are comfortable trading with, especially if the volatility plays out within a firm range. In that case the ping pong movements are easy to exploit.

Stability is when people prefer to hodl their coins because when there isn't any serious or decent level of volatility, you are putting a lot time and effort in trying to squeeze out tiny profit margins, which isn't really worth the hassle.

That's however my opinion. If people find it worthwhile to trade in a stable market and are okay with smaller profit margins, then that's totally fine. People should do whatever they think is productive and profitable.

People are spoiled with the returns they can generate in this market. If Bitcoin has gone up like 60% in a matter of months, some lunatics make fun of Bitcoin because certain altcoins have gone up like 400%.

They don't realize that most altcoins going up like that, don't allow people to cash out serious amounts at once. People are stuck holding coins that are increased in value, but can't sell for the highest price due to the lack of liquidity.

With Bitcoin people buy solidity and long term potential, while altcoins come and go on a very regular basis. People will eventually understand that Bitcoin is the only worthy long term investment.

Once Lightning Network takes off its beta jacket, I am sure that the majority of the altcoins will significantly drop in value.

It doesn't necessarily depend on tax. If we look at how various states within US are doing, then the states with the highest possible tax rates are those who lag behind in basically every aspect.

In most cases the states with the highest tax rates are also those who make even the most simple thing a legal battle. Less tax and less regulations equals more freedom and more possible ways to develop yourself.

People should really stop thinking that paying taxes is solely for the benefit of the state or country itself. Seriously, people and businesses putting money together to do everything themselves are better off than having governments do it.

The majority of our tax money doesn't stay within the state or country itself.

Currently people consider the price to be cheap because we're in an upward trend, and not that long ago when the price was hovering somewhere below the $7000 mark people didn't bother to stock up Bitcoins.

That's the difference between smart and dumb capital. Smart capital accumulates coins on the way down, and especially when they understand that previous bottoms haven't been broken in the last years.

Dumb capital sells on the way down, then needs a trigger in form of an increasing market, and then later buy back their coins at higher levels. It's a cycle that never seems to break with how wrongly people look at the market.

Learning from mistakes is the most important aspect in any market, especially when you want to finally make profits and increase your coin holdings.

Firstly, it wasn't expected at all. If we had to believe the majority of the people here, the market wasn't bottomed out yet, where people were even speculating about the price to dip under the $5000 mark.

Secondly, we don't know for sure whether or not the by you mentioned wealthy entities are actually investing in crypto already. People just assume they have or will do, but nothing this far hints at that.

Don't get me wrong, I'm not discarding the possibility of them having invested already, but I'm also realistic enough to understand that without solid proof, something hasn't actually happened yet. It is however bullish though.

It might slightly differ per country, but the general picture is still the same. It's nothing more than a system that's based on debt and continuous creation of more fiat that's overflowing the economy with long term consequences.

The fluctuations of fiat currencies might not be as severe when you compare them in a direct face to face manner, but if you look further, fiat currencies experience crazy volatility as well, but no one talks about it.

I remember when I was buying stuff from the US (not crypto related) €1 was worth almost $1.40 per conversion, where last year, when purchasing Bitcoin, €1 bought me significantly less than $1.10 worth for a short while.

If these aren't insane fluctuations, then I don't know what is. Bitcoin goes through insane fluctuations in a quick fashion, while fiat does it over longer periods of time, which means that fundamentally, there is no real difference.

It seems that it is working for basically everyone. I have tried to access that site from all possible Russian proxies, and they all opened the site without any problems, so people in Russia should be able to visit it.

It could be that the owner of the site just doesn't care to take that site offline, which for me seems to be a great and an encouraging gesture towards the authorities. I however wonder how long he will keep it up.

That being said, Russian authorities have never really been a champion in enforcing their own laws and policies. While they put so much effort in such an insignificant site, there are thousands of sites not being affected at all.

It's definitely good for the sentiment, but what people here always tend to do, is exaggerate the situation. In times where the market is going down, people get overly concerned, and overly optimistic when the market is going up.

The good thing for the average joes is that the mainstream media is no longer pointing at negativity, harsh regulations, potential shutdowns of exchanges, and the list goes on.

They ride the market as it comes, which is stupid. There is no sense to anything they point at. Every movement according to them must have either a positive or negative reason, where they discard that the market can move on its own.

At the end of the day, it's still a largely speculative market. One large buy or sell order from a whale can shake things up in an instant.

Just had a look at Coindesk's terms, and it seems that you are right. I can't exactly recall when it was, but I remember fairly recently having read an article clearly stating: sponsored article. It was related to gambling.

I don't think it's just related to ICOs, but more the overall sentiment of the general market towards paid articles and their nasty bias. They partly have been blamed for the shitload of fud that we had to swallow recently.

If they actually don't accept any form of paid incentive to publish articles or reviews, then we'll hopefully see the market become less subject to all the negativity. I get it that they need to earn money, but there are limits.

They probably realize that now, or at least, I hope they do.

I do agree that posting these breakdowns of statistics have started after the merit system implementation, but isn't that what this system is set up for? Merit should incentivize people to do this, and it happens.

People putting time and effort in creating these threads and posts stimulates others to do so as well, because effort and time are being rewarded with merit, and that's something they are rightfully chasing now.

Shitposts won't be rewarded with merit, so these will eventually fade, where quality and time consuming posts will get rewarded, we'll be seeing these more. Result is a quality boost in the long run.

It hasn't been a price driver at all, so it's not wrong at all. Point me one positive news article or statement that changed the price or the statement in the last months. I certainly haven't seen anything be able to do so.

We have had so many positive developments in the last months, but the market completely discarded it all like it didn't matter. The only things we have seen affect the price or sentiment were fud and somewhat negative events.

Negativity, whether it's fud or an actually negatively tinted event, will always greatly nullify the potential effect of anything fitting in the category of good news. People react to market movers, and market movers don't care about good news.

No market reaction means no spike up. Market movers however like to exploit people's weakness for negativity, and that's something we have seen happen many many times this year alone.

The real challenge will start once we're heading closer to the $9000 mark, and there we will find out whether we go up further, or come down again for a short while to fuel up for another attempt a day or two later.

Altcoins naturally jump up much higher than Bitcoin does, which shouldn't be a surprise. Altcoins require far lower buy demand in order to move up big time, while Bitcoin as being the big brother, needs more capital to grow larger.

It's great to see how people have calmed down significantly in the last week. Higher price means average joes gain more confidence, and more average joe confidence will lead them to finally pull the trigger.

The frequently seen larger dumps seem to be over, which helps as well.

It might be related to the trigger points banks have. Banks have different types of trigger points each representing a certain category that could be fraud, suspicious activity, tax report triggers and so forth

Banks never share any information concerning their customers in such a fashion, so I'm not surprised they didn't say anything about it, and I'm glad they didn't, because they should value individual privacy.

I think that sums up pretty nicely what I was referring to when talking about trigger points. It's smart for people to first read through the terms of their bank, especially before conducting transactions involving higher amounts.