All the recent price movements have been downwards, testing support levels before bouncing back up again. On the one hand it is good that support is largely holding intact, but on the other hand it's not good because these tests are always downwards rather than up.

I would imagine that the downwards tests will continue for a while yet; that is where the pressure is unfortunately, down rather than up. Perhaps at some point the sell pressure will exhaust itself and we can see more bullish behaviour... it'as not happening at the moment however.

There are quite a few threads on DX token, but they all seem to have been started by you.
I don't know, it kind of makes me want to stay away, it looks like desperation and like you're trying to bump up the price so you can offload some heavy bags.

My advice would be probably just keep it to one thread.

I have to say it's not the greatest or most convincing TA I've ever seen. Perhaps you have surrendered too much in the interests of being succinct.

Gold is valuable because people agree that it is. It's the same with an abstraction of value. Gold does have problems though, which bitcoin can solve. Bitcoin certainly has the potential to be a better store of value than gold, one more suited to our modern digital world.

Bitcoin does of course have its problems as well, not least of which being the volatility. But unlike gold, bitcoin is under development, and these problems can be overcome. Give it time, bitcoin will become the standard store of value. Bitcoin (and crypto in general) has been a phenomenal success already, but it is still early days. There is so much more to come.

I think it is very revealing that the most vociferous opponents of bitcoin are exactly those people who have the most to lose if crypto is a success. People like that are the same as the oil company execs who say global warming is fake. If someone makes a pronouncement that bitcoin will succeed or fail, always the first question to ask is what does this person have to gain or to lose? Sometimes it is so transparent it is laughable. The louder these people become, the more their predictions start to look like desperate wishful thinking rather than cold hard logical analysis.

I think staking is the next big thing, and it will become far more commonplace. We do have ETHs gradual movement towards PoS too. We all know that PoW isn't a sustainable mechanism, and coin staking whether on exchanges or outside them will I think become normal in the not too distant future.

$100 seems insanely optimistic, that would mean an increase of more than x1000, and a Stellar marketcap around $2 trillion.
I can't see any way that can happen.

I think price manipulation is overstated, at least for big coins. You need a huge amount of money to manipulate BTC price. Sure it can happen under certain circumstances, but when every price move is blamed on it, I think this is a bit overblown.

Coin dumps irritate me because it is often people over-reacting and panic-selling, making a small drop into a huge one.

I don't think any bull run in the near future would be triggered by news. Everything is about support and resistance at the moment as far as I can see. We have have multiple tests downwards. We haven't really had a test upwards yet. All of the tests down against the support have held, more or less, or broken and then recovered quickly. The question for me is when we will have a test upwards. I think it's just that, nothing to do with news.

Hi, I've sent you a message. Please could you advise? Thanks!

There is still no real use case for the coin. I know it is perhaps taken more seriously now than when it started, but still, it needs a proper use case that distinguishes it from everything else on the market.
I don't think we'll see a price surge based on expectation of future utility for this coin.

Although I think that good alts will recover in time, it seems like right now is a bad time to buy.
We've been treading water in a narrow price range for a while now, and whenever it is tested the test is always downwards. We are dropping again today. For me this suggests BTC dominance might continue to rise for a while yet.

Sounds reasonable. I don't think the market is in any sort of state for a massive bull run at the moment.
Yes, we've seen some positive movement, but nothing to indicate we're getting ready for a huge breakout.
$250 could happen.

It shouldn't happen. It's a sign of a bad campaign and a bad project. It's okay if they add a corresponding amount of new tokens to the reward to cover the extra time - say if pool was 2 million tokens for a 10 week bounty, then if extend by another 5 weeks they need to add another 1 million tokens to the pool.

If they don't add the extra tokens, then they are decreasing your reward for work done. If they aren't prepared to add extra tokens, they shouldn't extend it.

If someone pays you $10 to clean 2 cars, they can't suddenly say: actually it's going to be 3 cars but still $10 - they need to give you an extra $5.

Don't set a limit of top 50 or top 10 or whatever. The coin at number 50 is likely to be very similar risk to that at number 51. I would say don't put any artificial barriers in place - just accept the rule that the lower you go in marketcap, the greater the risk becomes.
The one barrier I would say is okay is avoid anything that's not on CMC - unless it's a brand new project of course. Anything that's been around for a while but isn't on CMC I wouldn't touch.

If someone picks a year and then say bitcoin will be worth $X by that time, then they are either being stupid or they have an agenda.

You can say I think bitcoin will increase significantly, or I think bitcoin has a good chance of hitting $X, but you can't say it will for definite.  McAfee isn't stupid, therefore has an agenda.

They will still be taxed. Crypto is subject to tax already. If any big companies want to avoid paying tax, they will already be doing so (hello Amazon! hello Google!).

Aside from tax, crypto will boost the economy. It offers phenomenal advantages in terms of speed and security over existing processes. Anything that makes the economy more efficient is a plus.

It doesn't sound great. They have offered to pay you for a certain amount of work over 12 weeks. Now they want you to do an extra 8 weeks' work for no extra payment. They are effectively almost halving your pay. This is not what a good project would do. If they're not prepared to pay extra for extra work, then it's a bit of a red flag for me. A couple of extra weeks, sure, that's not too bad - but an extra 2/3 again on the original length? No.

What guarantee do you have that when the 8 weeks is over, they don't suddenly extend by another 10 weeks? People will have invested 20 weeks then that they don't want to risk by leaving. It could go on forever.

I do think the China stuff may have triggered the initial rise. But it's not true that all movements are news-related. What tends to happen in crypto is runaway price movement. If some news can have a small effect, then that causes panic-selling and FOMO buying as people think the next phase of crypto's famous volatility is starting up, and they want to get in/get out as appropriate. It's kind of a self-fulfilling prophecy really.

I think current price troubles are entirely to do with the wider market. Admittedly the ATHs were due in large part to wider market trends as well, so it's difficult to determine what a reasonable price might be.

But Stellar is still a great project, one of the best out there in terms of what it can do. I would be surprised if this coin is not a huge success in the long term, with a considerably higher price to match.