Manipulating the crypto market is the easiest thing to do as long as you do it correctly. One Tweet may be enough to trigger a sell-off, an article taken out of context could do that as well.

It's just a matter of correctly timing your actions. It shouldn't be a surprise anymore that all these fud and manipulation attempts happen during an ongoing correction. People at that point are vulnerable. 

That's why you also see fud clear up once the market is rushing up again. An increasing market also increases people's confidence, which means that spreading more fud is a pointless effort.

Manipulation in this market means playing with people mentally. If you know when to strike, you'll be largely controlling this market without much problems.

Nothing more than a prediction based on nothing but speculation. It's not entirely impossible to happen, but things have to change drastically, and I'm not sure if that's going to happen within the current year.

My main target will be to see the market settle over the $10,000 mark, and everything we manage to increase beyond that, will be seen as a great bonus for me. I am totally prepared for a slow market this year.

I like how he distance himself from the outrageous statement of the Twitter CEO not that long ago. It was just too much to be taken seriously. I would even say that the Twitter CEO developed a bias due to his investment in Bitcoin.

People like that don't usually come up with similar statement unless they really see a future in it, and that's debatable when it comes to the Twitter CEO.

Japan is doing what it should be doing, and that's keeping parasites out. It's mind boggling how people don't understand the one simple thing about the Japan versus Binance situation, which is that you can't enter without permission.

The only thing that did somewhat surprise me was the relatively late reaction of Japan. Binance applied for a license earlier this year, but they just went ahead anyway, probably blindly assuming it would be ok to do so.

Applying for a license and actually beeing granted one, are two completely different things. It's not that you can call it incompetence because Binance knows what it is doing, so they must have arrogantly discarded the rules.

The following exchanges do provide the ability to trade without ID verification, but obviously as long as you stay away from anything related to fiat.

WEX
HitBTC
Bit-z

There are some more, but aren't really pushing that much volumes. I however would advice anyone to carefully consider that there are a large number of complaints against these exchanges.

Binance is the largest and most popular one, and has listed an insane number of coins, why do you still need other exchanges to be listed? Are you compiling a list or what? If so check for yourself here.

And btw, it's not allowed to display referral codes like that.

If you're referring to the recent phishing attack on users to pump a coin with their balance, then it's nothing really special. Every exchange has similar security measures in place that will get triggered by malicious activity.

In this case it wasn't all that difficult to detect for their system because of how wide spread and obvious the attack was. It might have been successful if they didn't go all out in such a short period of time.

Hong Kong is slowly but surely becoming the next place to avoid for exchanges and services, and Binance making the shift is a logical result of that. They act before they really have to act, so they avoid potential problems in advance.

I am still somewhat flabbergasted by how this exchange has managed to grow that explosively. It wasn't all that long ago where people didn't even know what Binance was, and now it's one of the largest exchanges.

You're making a bigger deal out of it than needed. This market has always had massive holders, and despite the fact that almost everyone with a functioning brain is already aware of it, the market keeps going up.

Exchanges have always had the worst possible liquidity. Roger Ver, Jihan Wu, Winklevoss twins, Mark Karpeles, Satoshi, you name it, they all can sink the market back to double digits within 2 seconds.

Important difference is that every well thinking whale doesn't unload his coins on an exchange and lose out on quite a serious amount of capital because of how much you need to tank the market to sell everything.

The far majority of the whales sell their coins outside the regular markets to private buyers through the OTC market.

This market always does the opposite of what people expect. If after an ongoing bull run your sell now trigger hasn't been going nuts, then the insane price speculation should be the next best thing.

In the same way with how the general sentiment is on the lower side right now, and people speculate about a further decline, we might be up for another massive bounce in the coming weeks/months.

It's not for nothing that noobs quite often complain about when they start buying the price goes down, and when they start selling, the price suddenly goes up. Market movers play this game successfully for years.

It largely depends on the time frame. Bitcoin in its current form and in current time hasn't even shown 10% of its ultimate potential, which will only result in a huge disappointment over time.

It's basically the same reason why people aren't willing to spend their coins on goods. The coins you spend today being worth $1000, will turn out to become worth $10,000 in a matter of years.

To me personally it would only make sense to buy real estate when we're like 10 years (or further) away from now. You'll get far more bang for your coins, and you will feel more satisfied as well.

That's obviously assuming people have the time to wait.

I highly doubt that. People nowadays are too dependent on credit to sustain themselves, so the fiat related payment infrastructure will remain pretty much for ever and beyond, thanks to this shitty system.

Also, in order to spend Bitcoin, you have to buy it first, and let that buying happen through centralized services, which basically means that the anonymity you're referring to doesn't exist.

Mixing could be an option, but mixing services are still a niche in current days, and as long as that doesn't change, people will not be able to obtain even a remote form of anonymity. Blockchain = big brother is watching you.

I am standing firm by the fact that people who don't have a sufficient bucket of money aside from their to-be-invested capital, should never even get involved in anything having to do with investments or trading.

The same basically goes up for people playing around with borrowed money. It can only go in one direction long term speaking, and that's the direction where severe losses will be suffered.

Money you can't afford to invest, borrowed money, over-investing, it all contributes to fear and mental instability when the market takes a dive. People put far too much weight on their shoulders, which is stupid.

It's a guaranteed way of losing money.

It's impossible to escape from paying tax legally, unless you don't declare it. I see people quite often state that because Bitcoin isn't legal in their country they are exempt from paying tax, but that's obviously not the case.

Bitcoin or crypto as a whole don't necessarily need to be mentioned by name in order to be obliged to pay tax. If you look closely in your tax forms, there is always a category crypto fits in.

People should just accept it and move on. I know it doesn't feel right to pay tax over your profits and whatnot, but just get used to it. If Bitcoin at some point becomes a mainstream currency, you'll be paying tax as well.

The only case I can see people continue to hide their profits, is when they don't mess around with exchanges and all other centralized ecosystems. In this case you'll hold the advantage because no one can proof anything.

What the government can't prove, doesn't exist on paper.

I run a small local Bitcoin community where I incentivize people to enter the Bitcoin world by holding fun lotteries that people can win by answering questions regarding Bitcoin.

I use a part of my signature campaign payouts to distribute small chunks of that to the winners of these lotteries. Most of them use Coinbase as wallet for convenience purposes, but some made the switch already.

I didn't even had to point it out myself. From the 14 people that the group counts, 3 made the switch to mobile wallet clients where they hold their own private keys. It's a fun little game overall, but it helps attracting people to Bitcoin.

And hodling, but how Bitcoin thingy can that be considered.

NSA can obtain access to any site/service/device without anyone ever finding out. I am sure that they are required to work within what's legally allowed, but I very much doubt they even pay attention to that.

What the outside world doesn't know can't harm the NSA, but even if the outside world did know about their practices, does anyone here even for a second believe they care about what we say and think?

Definitely not. I am sure that every laptop, smartphone, hardware wallet, and the list goes on, contains an open entry point for all kinds of agencies. Occasionally things leak out, but it's not doing anything.

The only thing we hear is that the manufacturers will 'solve' things with a firmware upgrade. It doesn't change anything.

The market didn't stand a chance against the major resistance it faced and would face if it actually wanted to break through that level. It was clear already that a massive dump would follow before the $20,000 mark.

Everyone with at least some form of basic market understanding would be able to predict the outcome when the price would move over $19,000 last year. Anything over $19,000 should be an instant sell for everyone.

MtGox definitely had an effect on the market, but AFTER the correction initiated itself. The speculation about the future markets drove the price up, and as soon as CME entered, the market took a dive because of that.

The market increases in advance of the happening. Once things happened, gone hype, gone speculation, gone buy support.

Proper registration and licenses are obviously needed, but banks currently by far aren't the leader in this segment. I only know of a Slovenian bank that made it possible to also buy Bitcoin through their regular ATMs.

Eventually, this will be the way to go for banks, where by that time they will completely demolish the third party ATM market. It's an ultimate form of convenience to buy Bitcoin from your own local bank ATM.

If the bank works with its own reserves, it will even be able to dramatically decrease the fees involved, which is something regular ATMs can't and won't be doing. Why else would they run an ATM, just for fun?

Banks in the last years don't really want our money anymore with how easy it is for them to obtain money. It's not for nothing that the interest rates on our savings accounts are almost zero.

It has gone even so far, that banks have started to charge negative interest rates, which is almost funny, but a very sad and sickening development. Banks can borrow money for free in the time we're living in.

They then loan it out to businesses and regular people, and that that major difference in interest flows directly into their pockets. It's almost free profit if you think about it. Our capital has almost become redundant.

I don't know if it's a good development having non crypto parties get involved in the crypto world, but this at least shows that Japan is not just a country embracing crypto, but it's almost the center of the demand.

This is the type of freedom all involved parties need to have, and that directly contributes to growth. Japan is quite smart, because this will help them tremendously increase their tax income.

First mover advantage is crucial. It also shows when we look at how CBOE, a much smaller platform, greatly outperforms the much larger CME that came in as second. The first eats the best fruits, the second eats leftovers.

Good thing however is that at current stage in crypto, especially on country level, it's almost impossible to be too late to join the party due to the local crypto economies. We need to have patience. More countries will join.

Obviously, if OP had the capital and actual interest to do so, he wouldn't be asking for help or advice here. The last thing we need in this market is yet another utter shit exchange not being able to serve people.

An exchange requires itself to be registered to comply with each law in order to operate legally. Launching an exchange as 'hobby' without being registered is illegal, and subject to incompetence. Problems guaranteed.

Also, most of the many new shit exchanges that this market counts, don't even manage to remain operational after their first year. It's not a money making opportunity, so for that purpose launching an exchange is wrong.

I think the first option is valid. It's basically the same with their Tether nonsense articles. Nothing new was there to add, but they still found it necessary to rehash old information, but then with slightly different wording.

These news sites are almost like how signature campaigns back in the days were allowing people to shit post in order to get paid. The more articles these site release, the more income they get.

In times where there isn't anything new or exciting, they'll have to be creative in order to still release content, and rehashing old articles is something they revert to quite often, especially in the last 12 or so months.

I find it funny how Binance CEO is playing cool game, while he perfectly knows that he has pushed things to their absolute limit with how Binance accepts users from almost every country in the world.

It's like them just walking into someone's property, and then later just say: oh I didn't know it wasn't possible to enter without permission, sorry. In the meantime they have already gained thousands and thousands of users.

Japan has every right to act like it has done in this case. Exchanges have to accept and respect the different laws in every country. Other countries may be lagging behind with regulations, but Japan certainly not.