It's important to forget about what others are doing and just focus on your own use of Bitcoin.

Bitcoin's price fluctuates and that attracts plenty of noobs and speculators, just let them do what they want to do. Everyone is free to participate in this industry how they want, so why should we even care? We're not governments patrolling the crypto streets to tell people with a forcing tone that they are doing the wrong thing.

This market has plenty of room for hodlers, speculators, noobs, etc. It doesn't mean that I like the way it is (I actually dislike mainstream adoption), but it's an unstoppable force. The only thing you're doing by looking at how others use or misuse (according to your standards) is stress out yourself.

If you think current level of mainstream adoption is bad, then wait for the shitstorm in the forthcoming years. It will be way worse.

Because it's lead by a bunch of hillbillies and it's centralized around them.

I agree. It consists of Bitcoin Core code so it has to be the best.

I agree. It has so little use, that transactions don't cost anything.

It already is. Bitcoin is more BCash than BCash is BCash.

You want Roger Ver to leave? Sounds great! Let's hope it happens.

Noobies shouldn't attempt to time the market. Noobies should dollar cost average once a month and they'll catch the bottom without a doubt.

It requires zero understanding of what technical analysis and fundamentals are. You just want Bitcoin's long term exposure and this is how you buy into it conveniently.

Unfortunately, during bear markets good news is absolutely meaningless. The best ever news is that LN is growing and becoming more of a stable tier to operate on, plus Bitcoin's network hashrate is higher than it has ever been. Do people (the mass) care? Nope. Their only confirmation of good news is when the price keeps increasing consistently for a couple of months.

Articles trying to convince you of something have all failed to do what they intended to do. People just need to accept that we might not see $20,000 again before 2020. And why should the price go up that much? If we reach any price over the important $10,000 level with regular (non hype) demand, that's a major achievement as well, and likely to be way more sustainable. It's accumulation time.

It's actually more than questionable since a drone can be accurately tasked to do something, even when it's equiped with whatever explosives making its steering less responsive. With the right amount of training one should be able to overcome that difficulty, especially if the task is getting rid of someone of this nature.

I strongly believe it's just Maduro himself that orchestrated this whole "attack" to justify his military spending and whatnot. The response of the guards quickly protecting Maduro after the explosions is just as questionable. It's not human's nature to react like that, regardless of how trained you are. They probably knew it wasn't an actual attack as well.

In crypto exchange land there isn't one single party that you can trust.

If there was a list of worst exchanges within this industry, then both KuCoin and HitBTC would be somewhere deep down on the very bottom.

The other problem with these shitty exchanges is their lack of will to comply within the jurisdictions they operate in, which makes them an easy target for authorities. In other words, you don't only risk coins with how shitty the exchanges themselves are, but you also risk losing coins in case authorities raid the crap out of them, which is just a matter of time. Use them at your own risk and accept the potentially negative consequences.

There is an important aspect people tend to ignore, which is the fact that poor people or those who fit in the middle class category, tend to victimize themselves by blaming everything around them for being where they are in life. Instead of blaming those around you, which hasn't worked out for decades, so the chances that it will work in today's world are even slimmer, people need to actually put time and effort into finding a solution themselves.

You don't have to expect help from anyone, so it's all up to you to make the best out of it. Either complain and don't progress in life, or take the initiative and open all possible doors in the world that otherwise wouldn't open for you. Bitcoin is a great first step towards that, which worked out well for me looking back now.

It's actually very simple. Noobs react to the price movement versus that what's being hyped up in the media. Market movers don't think the ETF will come through, they'll just pump the market to make noobs think something will happen, and then unload their coins on these noobs to let the market *likely* settle a new bottom shortly after. Market movers will grab anything as excuse to either pump or dump the market, and the ETF speculation is a perfect tool for that with how hyped up it is.

Life must be great when you have enough financial resources to steer the market to any direction and use Bitmex's leverage to scoop up even more profits.

It won't reduce the misunderstanding about trading at all. I'm more inclined to say that things have gotten far worse due to all these technical analysis wannabe's infecting noobs with the 'I think that I can trade and predict the market' virus.

This is the most trashy bear market I have ever been through due to all the mainstream adoption. Back in 2014/2015 people were at least admitting that the market was bound to keep tanking, where in today's world noobs only speculate about another bull run before the end of the year.

Trading is a loser's game that only a few people know how to play. Noobs just stay away from trading, or invest in a custom coded bot so you don't suffer from your own incompetence.

I'm not really convinced of that. Bitcoin has been dealing with full blocks for like two or three years now? And it still results in growth. In the same way it applies to Ethereum's continuous full blocks. People are willing to pay for higher transaction fees as long as it isn't too extreme.

Currently Bitcoin's fees range from $0.01 to $0.10 depending on how many unconfirmed transactions there are. I haven't sent one single transaction in the last weeks with a fee higher than $0.05 and still 9 out of 10 transactions were confirmed by the first next block.

Most important factor to allow Bitcoin's throughput to increase is to make people and services utilize Segwit for once. It's crazy to think that only 30-40% of the network is using Segwit transactions. We can increase Bitcoin's throughput with almost 100% from where we are right now if we push Segwit utilization to +90%. In other words, this is something that we all can change instead of constantly looking at developers for solutions and whatnot. Use Segwit. Simple.

Seriously, if the SEC isn't in the mood to approve the VanEck ETF (which by far is the most solid proposal), others stand no chance at all.

It's time to say goodbye to the ETF speculation and focus on other things. We'll definitely get an ETF at some point, but not in the coming few years, that's clear. It seems that the SEC for now just can't handle the fact that the majority of the trading volumes, and directly the main source of demand, is coming from Asian exchanges not being complient with US laws.

We need the market to calm down and let it bottom out properly, because there clearly is still way too much bull run speculation.

Please no.

If people want to sell you knowledge or information they are admitting that what they sell to noobs is shit.

If it was any good they would use it themselves to profit and not share it with the outside world to "help" people profit. There is almost an infinite amount of free biased information available on the world wide web, but pretty much next to nothing that's actually helpful to you when it comes to trading and investing in general.

Norman Ralph Augustine.

It's a simple but yet very effective quote to debunk all this nonsense.

People fail to realize that you can easily tweak clients to make things more user friendly. It has nothing to do with Bitcoin at all.

Instead of people asking you for whatever amount of satoshis, they can just request a payment based on USD (or whatever fiat currency) from where you scan the QR code and that's really it. In the background your client will make sure everything gets sorted and completed in a secure manner, you can't ask for more convenience than that.

As long as the fiat value of Bitcoin remains the dominant factor you don't have to worry about anything else.

I'm using Bitcoin on a daily basis like this and it works just as well as PayPal works, but with way lower fees and without a central party involved.

It's quite funny seeing how Coindesk, which keeps missing prediction targets time on time again, thinks it's in a position to tell others what to look for.

There isn't a better way for the average person to trade this market other than to respect the downtrend. If there has been one consistent and predictable aspect of this market, then it has been the lower high lower low formation. Purely based on that, the next lower high will settle around $7000 (give or take a few hundred, but definitely way below $8000) and that's where you want to open your short.

The only alternative is to not trade at all and just hodl, which is probably the safest option for people.

It's guaranteed to happen.

Genesis Mining is looking for creative ways to get fresh money to enter their scheme, because the bear market is really pressing on their platform with how people have no incentive to touch anything related to crypto. I honestly consider this move to be one of the last warning signs that people should really pay attention to, because without money entering they can just as easily claim to not be able to pay out anyone due to the lower price higher difficulty, etc.

My best guess is that Genesis Mining will implode if this bear market lasts for another year, or at least will implode before the block halving in 2020.

It seems simple, but it's not in reality.

In order to have people manually verify each application, they need to have enough knowledge to fundamentally break down code, have enough knowledge when it comes to the crypto space, and have enough knowledge when it comes to the various wallet clients that we have. If all that isn't in place, the fake ledger app would even have been approved by a human.

No tech company will let coders waste their time approving thousands of applications every day. It's a waste of time, talent, and mindspace.

People there have the option to help themselves and dump the majority of their Lira's, or be a brave citizen according to how Erdogan want you to be, and swallow every economical difficulty that you'll be going through, and there will be many in the forthcoming years.

Turkey has been a historically weak country economically, and that will never change. If people still don't see how important it is to hedge your wealth, because they are either ignorant or too proud (which seems to be a big deal for them), I seriously don't know what will make them see it. The Euro is my native currency, and I have zero faith in it and therefore hedged the crap out of it years ago already. You only harm yourself when you act overly loyal to a government that's not capable of running an economically successful country.

I have seen videos where Turkish people were breaking their iPhones as statement, lol. Probably phones that were broken already.

Oh, they surely can. It's just people here thinking they can't, which is a completely different story. It goes up for Warren Buffett and Bill Gates as well. Do people seriously believe these entities don't know how things work? Come on. People here really need to grow up.

The whole point here is that they don't want people to store value outside centralized prisons where governments or corporations can't seize/freeze your funds. If people get to know what Bitcoin really stands for and makes everything around it pretty much obsolete, it's a massive blow to every business in the same field potentially. Banks and PayPal & co have never thought to face something like Bitcoin that you can't stop.

LN is the difference that will potentially be the fatal blow to them. Bitcoin as digital Gold is something they can somewhat handle since it's not a good form of money right now. If Bitcoin gets its currency aspect together, oh boy, brace yourself for the shit that Bitcoin will have to eat through.

He's not shortsighted at all, just a hypocrite because of his by external parties (likely banks and whatnot) sponsored bias.

This dude knows exactly what makes a great payment tool or service, and the way he tries to talk Bitcoin down shows exactly that. If Bitcoin was really not worth anything and had no potential, no one even remotely connected to the fintech sector would even bother to speak out against it because they know it would vanish anyway. Them trash talking Bitcoin means it's a competitor with an insane amount of potential, especially with LN fully deployed.

That dude didn't even said one single word about LN. He knows there is not much to trash talk there. What beats near instant and near free transactions? Can't think of anything.

Also, we need these skeptics to be around. I'm in the mood for some bearish trash talk after how we have been flooded for months with $100,000 before this or that time nonsense.

I wasn't exactly referring to the absolute bottom of the crypto junkyard.

I was more referring to the visible top tier crypto currencies that you can actually short through one of the multiple platforms offering these trading features, which is why I said I dare anyone to short them. The top 10 crypto currencies are heavily tied to Bitcoin's price and more often than not don't move on their own, unless they get pumped out of nothing, but these pumps never last long since pumpers will cash out and tank the market down again.

People were initially heavily speculating about BCash to become worthless, but that hasn't really happened. With so much trading features available nowadays everyone can put their money where their mouth is and short them, but no one seems to be in the mood for that.