If you think about it, you're going to have substnatially more amounts of money (depending on how you're trading goes) and you're probably going to be making bigger purchases in life with this money, with this you're going to promt some sort of audit by state tax authorities or federal and then you're going to be fucked when they find all of this stuff.

Tax fraud is a LARGE problem, and I know no one likes to pay taxes but if you don't want to be going to prison then you're going to have to deal with the tax code.

Work with accountants and lawyers if you're making THAT much money, to limit the amount that you owe.

Arbitrage isn't something which is easy to get into, nor is it something which I would want to get into due to the amount of volatility which is present in the markeplace right now plus high price of TX fees which is going to kill the ability to due arbs, without a substantial amount of money being moved at a time.

Plus it's not easy to get onto the exchanges where the real money can be made under the right cicumstances - which is having someone who is verified on one of the exchanges (living in korea) and able to buy massive amounts of bitcoin and move it on a daily basis. So it's not as easy as setting up two accounts and buying, transfering, selling -- if it was this easy everyone would be doing it and the profit margins would be much lower.

FUD and weak hands, people (including reputable mainstream media companies such as MSNBC) is attempting to crash the price of bitcoin through their analysts, and then there is bankers who AGAIN try to kill the price of bitcoin by calling it a fraud and then go around and buy bitcoin. People are scared of losing money in such a volatile market so they sell on the bullshit, as per usual.

SO yeah, FAKE NEWS and FUD is big behind moving markets. Plus exchange stability (hackers)

No book is going to be able to help you out here, you're going to have to take a tad bit of money (watch some free videos) And see what you can learn with that, read some whitepapers do some normal fundamental analysis of ICO's and coins and then you're going to be able to invest.

And trust me, you're going to lose some money at first -- and that's normal. But just keep working and grinding.

The people who are selling it, they set the amount of money that they want for it and the buyers are going to be saying how much they're willing to buy it for. These two groups are the groups which establish the going price (market price) for these coins, nothing too crazy but that's what's going on here.

Nope, you want to know why this won't work? Because the amount of return that you're going to get on all of these news ICO's is going to decrease as time goes on, and the reason being is that more and more people are just offering ICO's in order to make a few bucks quick and then run away -- making all of the investors lose out on a good amount of cash.

If  this is something that goes mainstream, which it probably will as more and more scammers and con artists are entering a place which is ripe for them. Then you're going to end up losing money or making a minimal amount.

Just because there is less of something doesn't immediately point to the fact that it's going to be expensive, that's just one of the many factors which should be going into a valuation. -- At the moment I do think that bitcoin is a tad bit overpriced, and its too volatile for people to actually use it (as the main purpose of being a currency)

So yes bitcoins price can go down, but it shouldn't change the actual tech or anything else (being usage) behind bitcoin -- if the bitcoin price was to stablize though that'd be amazing of for the bitcoin community as adoption would increase.

No, it's not an altcoin in the least. The lighting-network is an off chain protocol which is one of the many proposed ideas in order to help fix the scaling issue which we all know that Bitcoin is facing, this even relies on SegWit in order to function so that's something that has to be done before LN.

Even BlockStream (a company which is compromised of most of the people from the bitcoin core team) is supporting LN -- check all of this here https://en.wikipedia.org/wiki/Lightning_Network  

I don't know if you're referring to bithub (something that isn't even an operating exchange yet) or bithumb (the Korean exchange which isn't going to be possible to be used by most Americans)

BUut i'd without a doubt rather go with BInance then any of the other exchanges which are present these days, they're a solid company with a great exchange -- no problems on it so far, the only issue I could see is the high withdrawal fees. Though I'd think they'll address this soon.

Seems like a pretty weird system that could become abused and corruputed by people that are running multiple accounts that are high up (hero+) Then again, I guess I'll give it a try and see what happens, the worst thing that occurs is that the community doesn't support it and the whole thing is scrapped.

I guess anything (as of right now) is better than the current spam infested system.

The community of buyers, sellers, and exchanges that the two sides of each group are on. Some exchanges may show higher prices than others, but an average price is always present and is usually close (with the exchanges that are easily arbitraged)

Nothing to insane, it's like anything else securities-related.

I mean buying tether really matters based on what exchange your own, as I personally am on GDAX so I can just simply sell my bitcoin get USD (insured by the FDIC if it is to be lost) and then go about trading again if I want to. I don't know why people trust tether and bitfinex, but all of that is beyond me as I am able to avoid it without bothering me.

I'd try to buy it right before the dip though, you could maybe make 4 percent as was seen the other day when it went up to 1.04 -- though if you were to buy at that and then sell at 1.00 it could be a bit annoying, though I guess better then the market taking a shit.

Well yes you can do this, but the problem with this is that you're going to have to time the market right so you're selling before it goes down. Because if you are to sell and the price is to go up 6 cents, the opposite is going to happen cause you're going to buy in and then lose out on some money -- as you're now buying less coins for more money. Timing the market is something that can't really be done effectively in crypto, buy and HODL.

So, probably not profitability possible.

With stop losses and profit margins that small, wouldn't you think that one bad call could just set you back a good amount if it was to go down let us say 1000 in one day but then the next day its back up 1500? I mean the system will probably work for some time, but I really don't see it working in this volatile of a market which sees fluctuations like your stop-loss in a normal hour.

Could you maybe show us a history of all of your trades to see how this has been working?

It's not going to help you even if you are to buy one of these accounts, cause if you want to withdraw the name is going to have to match the person name on the account - which if you're buying an account, of course, isn't going to match, so I don't know what you're trying to do but either it's not going to work or you're trying to fuck with some people on here.

I wouldn't know on picking a date, but I do know that BTC will have to come back up at some point. With all of this money involved in trading,the price is without a doubt going to be insanely volatile but if you were to just HODL and be done with that then you're going to be fine in the long run -- the price will stablize at some point and everyone SHOULD be ok.

Weak hands are the ones that are always hurt.

These are all a waste of your time, bunch of BS and you're probably going to get served some pump and dump stuff from these 'call' groups. No one really knows what's going to go on, so I wouldn't trust a single soul but YOURSELF and your own research.

Join some trusted news ones, so you can buy the drama and sell the news.

Transparency.

For a market right now like bonds, which is something which doesn't have much of a centralized exchange (for buying and selling) the blockchain showing transparency of how much these bonds are costing, how much some these companies are charging in fees (the bond brokers /dealers), and the information about the bonds itself.

While my example isn't for a typical company, it is something that would revolutionize an INDUSTRY. With many companies being bound to change if this is what the people wanted and the companies deemed as a good idea to change a broken system.

Even if people can't access a computer, can they access a mobile device? A tablet, cheap smartphone, anything along those lines? If they can then they can go ahead and use and buy bitcoin whenever they want. A computer is one thing, and I kinda understand why so many don't have this yet -- but a TON of people in the world have phones capable of using bitcoin, even in poor nations.

Your point is invalid.

There are actually certain companies in the crypto space which specialize in the buying and selling of massive amounts of coins because I don't think a rich person like him is going to want to work with a normal company like coinbase or something along those lines, as those companies aren't going to give a person with a ton of capital the dedicated support that he needs.

So yeah, these people are in contact with lawyers and reputable comapnies in the crypto space built for people like them.