What's the point of leaning the basics of candle sticks if people aren't even aware of what the coins are they are investing in or trading with? Also, understanding and accepting the hostile nature of this market is a must.

Let people first get the basics of crypto right, and then decide whether or not it's still worthwhile to start investing or trading. If the understanding of crypto and everything around it isn't there, then trading is like gambling.

People can focus as much on technical analysis as they want, but this market has its phases where this analysis becomes worthless. Even for experienced traders this market involves a higher level of luck.

The only thing that does actually concern me a bit, is the fact that because of it being a different category, banks for themselves could decide what to do and what not, so how will we fight a bank for ruling its own platform?

How will one open a case against a bank being totally in right when it comes to its own way of doing business? It's a clear sign that we should seriously rethink what banks stand for, and distance ourselves from them.

At first you have the central bank playing a role of importance, and then the banks as separate entities as well. Too many potentially negative variables involved to become a reliable partner for an exchange.

Repetitive for sure, but the thing here is that they all want to be right for once. It would allow them to gain some form of credibility they then can exploit in their advantage, and that while it was just a lucky shot.

It would be insanely hilarious if all these predictions become totally worthless when this market starts plummeting below the previous bottoms in the next days or weeks.

That once again shows how this market keeps trolling the majority of the people and all the so called experts and whatever CEO kingpins. But then again, at some point they will guess right and get their 'I told you so' moment of fame.

Bitcoin isn't anonymous. It's important to understand that once your transaction is confirmed, it's stored in the blockchain for ever. Initially you might consider yourself safe, but at some point the link to you CAN be made.

Fiat as in conducting cash transactions in that regard is a far better way of remaining your privacy, and thus a better option for criminals and whatnot. No logs or transaction history, nothing will ever point to you years later.

It's a frequently debunked subject, but it keeps being used as an excuse to put blame and shame on Bitcoin, which should stop for once. Cash is by far the main root of evil when it comes to all things Bitcoin is being blamed for.

It really shouldn't be. If governments effectively regulate the market, the entry and the exit points, which in most cases happen on centralized exchanges, are perfectly controllable by governments when needed.

What happens on peer to peer markets can't be prevented, just like how peer to peer cash transactions can't be prevented. Governments with regulations can control the far majority of this market, they need to realize that.

Technically, with how the far majority of the people obtain Bitcoin, which is through centralized exchanges, there is no such a thing as anonymity. Coins that are being withdrawn are tainted for ever.

That makes no sense.

Firstly, cloud mining, or basically any form of mining in general, is a very slow form of generating income. I very much doubt that people believe they can book quick profits here, people aren't that retarded.

Cloud mining offers convenience and a passive income stream, and that's the main reason people like it. People however don't realize that there is nu such a thing as actual income as long as they haven't ROI'd yet.

Secondly, there is nothing anonymous about cloud mining. Everything you do happens on their site, which means they know everything about you that you allowed them to know, and from there it's just a waiting game. It's an empty hole.

Details matter for those who are familiar with them, which isn't really the case when it comes to the mass not knowing what things are fundamentally. It's likely a form of layman's language to make everyone understand it.

I tried to find out (simple research) what article it comes from, or what video interview, but it seems to be just a statement that people probably used (and probably twisted) as meme.

Either way, the statement as simple and short as it is, does hold a very strong message. It's a diss towards the mad printing habits of the governments leading to nothing but more debt and potential doom.

I personally think that in that specific time frame the market was indeed not ready for an ETF, which right now might be completely different. Regulations are being thrown out these days like never before.

I can remember that the Winklevoss ETF was granted a review by the SEC, but so much time has gone over that, and still nothing happened, and not even one thing about that is being covered in the media, which is weird.

If it was rejected it would be known, and if it was approved it would be known as well. It's probably pure speculation, but couldn't it be that the Winklevoss ETF has been pulled back by the Winklevoss themselves?

If anyone knows more about this please share what you know. It was a pretty big deal at that point, and suddenly there is complete silence, which isn't normal in my opinion, but who am I?

Actually, the blockchain itself isn't anything more than a way to store data, where in Bitcoin's case it was initially only meant to function as immutable store of transaction data and such, but it can be used to store other forms of data as well.

I believe that DataCoin back in the days was the first coin that utilized the blockchain for different purposes than just storing transaction history. It failed pretty quickly due to the low demand, but the initiative was there to do something different.

Bitcoin's blockchain is very transparent and open for everyone to browse through and start linking individuals based on online profiles and such, which makes it pretty useless in that aspect.

Facebook if ever, will only use a centralized blockchain they can adjust based on their will.

Positive news isn't a price driver anymore, and honestly speaking, it would be pretty pathetic if we constantly need good news or other happenings in order for the market to move up ~ the market should go up anyway.

The only difference is that without triggers the growth will be slower, but so what? If we don't break the several resistance barriers above current levels, then we simply said don't deserve to go up.

The price will increase as soon as the market is ready for it. If it isn't in the coming weeks, then it will be somewhere in the next few months. People pay too much attention to things that don't really matter for now.

It's difficult to call, but if we consider the $6000 bottom to be a safe haven, then we aren't all that far away from more growth that we will be going through. People just need to accept that it might be a much slower form of growth.

The problem with all the hype driven increases is that it never lasts very long. Hype has certain phases, and when it has completely faded away, regular demand can't sustain what hype demand created, so we fall from there.

The only thing I hope for is a slower but more sustainable growth development cycle. I don't care about how quick we can reach this or that level again, it has no use for me when we can't maintain it. We'll see what happens.

What's the point of linking OP to theymos or DanyHamilton? Both individuals have far better, more productive things to do than pointing a noobie at what he shouldn't be doing. Others did so already.

People don't want to deal with incompetent amateur exchanges, but they want to create one themselves in the hope others will use it resulting in them making tons of money. It's nothing more than hypocrisy at best.

We need quality, not quantity. Try harder.

2016 ~ China is planning to regulate the crypto market.
2017 ~ China enforces the first regulations.
2018 ~ China 'bans' crypto.
2019 ~ China bans crypto.
2020 ~ China intensifies ban on crypto.
2021 ~ China more than ever intensifies ban on crypto.
2022 ~ China plans to come up with even harsher regulations.
2023 ~ China considers to increase penalties for crypto usage.
2024 ~ China bans crypto again.
2025 ~ China realized it banned crypto years ago already.

Seriously, it's starting to become one heck of a freak show. Let them do whatever they want with crypto in their country. China is only digging itself deeper in their own misery. Let them have it their way.

Crypto doesn't need China. Eventually it will lead to Chinese innovation in crypto terms to flow into other Asian countries with a friendly crypto climate. Japan is only becoming stronger because of this, and they know that.

It's ego versus ego, plus a wealthy status thanks to where crypto stands right now in terms of their prices. Also, it hurts way less if you can spend someone else's money than making yourself pay for it entirely.

It's basically how back in the days domains were bought for insane amounts, while technically, the purpose of the domain in most cases didn't yield anything of significant nature.

It's probably more of a brand and market extension than something actually meant to book profits with. If Coinbase was purely interested in profits, they could use that capital for their ETF fund and yield 100x more years later.

Governments competing to serve their slaves (can't think of a better term, sorry, we are their slaves), that's definitely something to look forward to. Their endless disrespect towards people can't continue for ever.

I am sure that they were expecting to continue like that for many more decades, but that time seems to be coming to an end, and rightfully so. I like how T.D. explains the difference between governments throughout the years.

It's no longer what can I do for you?, but what are you gonna do for me! T.D. definitely gained my credits, and looking around on social media, nearly all his videos and posts are extremely low on downvotes or dislikes.

He gained his credits rightfully everywhere on the internet, especially after his recent prediction. He is right now what Roger Ver was once. Thanks for sharing this video.

It's refreshing seeing a thread not being flooded with posts for once. The subject is probably too serious to participate in for a lot newbies compared to all the one liner OP threads.

There is a difference between crypto currencies and tokens. Tokens quite often are considered to be and fit in the securities category, while actual crypto currencies themselves aren't.

It's a difference making sure that exchanges heading over to the SEC applying for a license, will have to not only apply for one license, but several in order to be fully compliant. It's a mess, but these are the rules.

Exchanges have to adapt in order to operate legally. All exchanges not doing so will experience the negative consequences of ignoring regulations. People should research how compliant their exchange is.

This market is no longer the free and 'fun' kindergarten it once was.

While I do agree that it's pretty unusual for someone to have that much foreign fiat currency with him in physical form, it's also not very fair to put people in a certain category by default just because of that.

The article itself is pretty simple in its setup and doesn't contain much actually valuable information. People aren't necessarily involved in shady practices if they have that much physical fiat on hand.

It might very well have been a person who was desperately looking to get rid of his fiat exposure, and for that reason wanted to acquire a large number of coins at once. It's not good to automatically expect the worst.

I must however admit that it's pretty stupid to openly walk around with that much fiat. Even drug dealers don't walk around with much physical fiat anymore because of how they are being hunted down by rippers.

The price currently hovers around the $8000 mark, which seems to be a perfect market development after everything we have gone through. The jump to nearly $8500 stood no change by default.

It comes too quick after the jump from under $7000 to over $8000. Profit taking will happen as soon as the market climbs up from current levels, and it will likely remain that pattern for a while.

The first resistance point we have to face on our journey back to the $10,000 mark hovers just over/under $9000, where after that we yet again have to prepare yourself for another resistance point. Patience is all we need.

We need a strong bullish rush to jump over $10,000 again, which isn't something I see any indication of right now.

What has making money to do with how we slowly progress towards a cashless society? Even without a cashless society people can earn a decent chunk of money from their crypto investments.

What you are talking about doesn't relate to the main subject of this thread. You are just showing how focused on the market/earning aspect of crypto you are, where everything else doesn't seem to be of importance.

Overall, it's probably safe to assume that the majority of the people here think exactly like you. They see crypto as cash cow, where the underlying technology is not a factor you are interested in.

The only thing I imagine is that we at some point in the future will no longer care about the fiat value of Bitcoin. People at that point will think about how much their satoshis will buy them in grocery stores.

Imagine how there is no such a thing as value for one satoshi. It remains the same for ever, regardless of what the economical situation in a certain country is. Isn't that what we all want in the end?

I personally didn't really see any difference in Bitcoin when the price was $1000 back in early 2017, and when it jumped up all the way to nearly the $20,000 mark at the end of that year. 1BTC will always remain 1BTC.