People should understand that Bitcoin and altcoins don't actually compete with each other.

Bitcoin is all we need when it comes to being a currency, store of value, etc. We don't need altcoins for that. Altcoins battle against each other to claim their position in whatever part of the industry that hasn't been taken over already. Ethereum did its job well by securing itself the main position in its own field, and other altcoins will have to conquer other parts of the industry. Eventually we'll be left with only 5-10 main crypto currencies, where the rest will likely become worthless overtime.

Governments know that, don't worry, they just don't care. If they tie their fiat currencies to a permission based ledger token, they will be able to obtain more control than ever before when it comes to money flows, people's savings, regular transactions, etc. Instead of relying on a bunch of greedy banks to monitor everything, governments won't even need banks anymore to do the job.

As much as we can benefit from all developments concerning crypto currencies and blockchain, so can governments and banks. They have the advantage that they already control the market and everything around it, so the transition to digital currency tokens won't be that much of a hassle in the end. Sheeples will obtain more convenience due to the advantages these tokens will offer, but don't know how high the price is that they pay for it.

Let them come up with whatever they want, why should any of us here care about it? People waste too much time on things that don't really matter anymore. Bitcoin offers you the freedom to escape from all that, which is the most important and only thing that matters.

Another important factor is that when you can't prove something, it simply didn't happen. Everything related to Rothschild means juicy news articles, and especially when it is somewhat related to crypto. It's safe to say that 95% of what we read in this market is pure bullshit or something near that. News sources are meant to provide educational and unbiased articles, but the only thing we are getting from them is rubbish. You read what they want you to read.

We're living in a system (globally) where everything is severely centralized and based on controlling the mass. We don't need governments or higher authorities to tell us what's good or bad, we can figure that out ourselves. The point however is that those who think like this are part of a minority, where the mass (sheeples) are going to follow that what's being forced on them, and that either friendly or not so friendly.

Bitcoin = freedom = getting rid of a harming system = helping in making banks lose their dominant position = making governments appreciate you again. Don't ever let anyone tell you Bitcoin is haram or whatever. It's not. Those who do say that are just chasing their own agendas to further suppress you.

Don't buy all that nonsense. We're living in a market where all effective events cause the price to be bought up before the happening. In other words, if you see that in the runup to 'important' events the price isn't going up, then know that it also won't be going up afterwards. It's a more than decent indicator if you are looking to play the market based on that.

Don't forget that smart money is the first to enter a market, and also the first to exit after they got what they wanted.

I am quite certain that there is something holding the market back. It's either institutions trying to keep buying as many coins as possible around current levels, or old hands are still liquidating their holdings. Seriously, everything is actually far more positive than negative, especially if you look at how institutions openly flirt with Bitcoin. Don't feed whales at current levels because they will feed you back at far higher levels.

If it doesn't happen this year, which is very unlikely already with $6000 being the absolute base in my opinion, it won't ever happen again.

It's never a good thing when you dump all your savings into something. The thing with this market is that regardless of how cheap it may look after a massive correction, it can always go far lower than that. If you went all in and the price tanks further, you are pretty much in a horrible situation because you have no funds left to buy the market down and to lower your average buying price. It's just a matter of logical thinking in the end.

Trust is indeed the main issue in that case, but it offers a great alternative in my opinion. I ordered a dozen of non funded Denarium physical coins lately that I might load at some point just in case. Initially my purpose is to hold them as collectible, but it might turn out to become helpful later on as well if someone is willing to trust me enough to accept it as payment.

Technically it's impossible to have a perfect emergency//no internet payment solution, especially when fiat no longer holds value due to the imploding financial system. Gold and some other metals are the only things left, but how will you turn your 100 gram Gold bar into $3 worth to buy a loaf of bread or whatever? I am fairly sure that eventually something will pop up taking care of the trust issue of exchanging private keys in a way that tops everything we have right now.

Actually, Bitcoin IS creating additional income. It's called the fork hype mania that allows us to liquidate utter garbage for more Bitcoins. It allows allows me to largely cover my due taxes with them as well. Keep the forks coming, and I'll happily turn garbage into Gold.

Yes. It creates debt, loss of wealth, in other words, only problems.

These oldies are addicted to dividend stocks for a reason, because they control the majority of the circulating shares, and thus they don't really have to worry about a plummeting market. Control the majority of the supply and you control the market, especially when your fellow institutions do what you say. It's free money for them. It's like being a billionaire made easy; money makes money, that's how it has always been.

Bears? I don't see any.

People should just understand that there is NO incentive to increase beyond $9000, and from the looks we likely won't even be able to maintain $8000 for much longer. Anything near the $10,000 level not that long ago was a perfect short. My personal opinion that's based on the bottom development is that we will likely settle a new bottom in the coming weeks just below or over the $7000 level.

It all fits in the bottom stacking that's happening, which all indicate ~$500 growth increments.

~$5500
~$6000
~$6500
~$7000

We are booking some decent progress in the background while people keep talking about bears and other bs. Accept that the upper range of the market mirrors only the speculation in the market, and that's exactly where the up and down movements happen. Where people see a market in decline, I see growth. How so?

How is that a given? If you are planning to hold your coins for the long term, you just need a piece of paper with your private key(s) printed or written on them. It implies that you won't be touching your coins for a very long period of time, so you don't need that 'conveniece' a hardware wallet may offer you.

Bitcoin won't ever be surpassed, so that's something you don't have to worry about. If ever there is a time where Bitcoin becomes obsolete, then all crypto currencies will become obsolete. I strongly believe that if our cryptos will be taken over or deemed obsolete, it will be due to a whole new technology not related to crypto at all.

Bitcoin technically can do anything other altcoins can do as well if implemented in whatever shape or form, so there isn't any feature that makes altcoins better. The main thing however is that we can't just add all sorts of features further cluttering the blockchain, making it grow in size from where only data centers and other parties are running full nodes. Bitcoin will only run the most essential and used features, and not all the gimmicks altcoins are running. In that regard I am glad that we have altcoins doing their own things.

Next year's winner will be BCash, or better said BRoger, due to their massive upgrade very recently. 32MB block size is revolutionairy and very impressive when you can't even fill up your blocks with 100KB consistently.

It's yet again a sign that the traditional market just sees what it wants to see and starts cherry picking based on that. I am glad that no one here gives one single fuck about these shitty ratings. It's impossible for anyone to tame Bitcoin. Bitcoin is the regulation taming governments and regulators with their shitty standards.

I also don't care about China to potentially re-enter the crypto market (not that they completely left anyway). It has never been a country that contributed to anything other than problems. It's a big market for sure, but what's that worth if you can't rely on it? I'm glad that mining farms there are looking into alternative locations to set up their operations. China shot itself in its foot.

The difference in this case, which is a very important one, is that this isn't just one of the many services we have had in the same segment, but a professional financial service with all proper registrations and licenses. It's obviously not a guarantee that it won't become a scam circus later on, but due to regulatory pressure BitBond has to cut through all that nonsense and severely punish abusers.

What I like about this is that we have a whole ecosystem popping up working around Bitcoin, and that's exactly the utility value we want Bitcoin to have. Remember, this is just the beginning of everything, so there is plenty of more that we will be seeing in the forthcoming years. Bitcoin's network is by far the strongest and most secure network allowing these transactions to be conducted in the best possible way. Everything that contributes to Bitcoin's ecosystem and utility is more than welcome.

Indeed. Governments as a whole are always hiding behind proxies to get something done, which is just pathetic.

I recently had to create a PayPal account to transfer funds to someone that just wouldn't accept anything else as payment option. I didn't know it was possible with how strict these payment services usually are, but I managed to register a PayPal account with fake details and top up the account to complete the transaction. If I can do this within a few minutes, then there are enough evil minded individuals that can do exactly the same.

I like how crypto makes governments go crazy, because they know that this is the first ever time they actually have to worry. Moving value from one place to the other can be done in an instant without permission, and that's something they can't deal with. In that regard I can actually understand where their fear comes from. Let them get on their knees the fucking bastards. Ask for mercy.

It's nonsense all the way through.

Merchants shouldn't worry about the volatility because of how payment processors such as BitPay take away that exposure. The only thing merchants care about is to increase their revenue, and accepting Bitcoin through one of the several payment processors allows them to do exactly that. They aren't interested in holding the coins because they just want the fiat for every purchase, so all these discussions don't contribute to anything. It's just a matter of logical thinking.

You want potential revenue through Bitcoin? Then go ahead and partner with one of the plenty payment processors, cut the bullshit.

Nope. The newbies we're dealing with here are too stupid and so reward focused that they ignore everything of value. If you're not here to learn and spread knowledge about Bitcoin, you won't even invest one minute of your time in getting to know the basics of Bitcoin and this market. Also, most people here only look at the title and then quickly proceed to the last page to drop an empty post.

We should just accept that it's not possible to help people that don't want any help. We're living in a time where everything is just a few clicks away, and if you aren't willing to do basic research yourself, then know that nothing is going to work. The only thing you can do to make these people read the OP is to offer a reward for it.

Might be, but don't expect anything to happen. I am of believe that they will try to delay that process for as long as they can, all to see how their neighbour (proxy) Belarus fares with their new open minded crypto regulations. A lot will depend on the developments in that country, and in case they are of positive nature, it will translate into more crypto friendliness in Russia as well.

It's a very smart move that will allow Russia to either open the gates for economical improvements, or just outright ban the crap of crypto in case it affects the economy of Belarus negatively. I am confident in the first option to be more likely, but we don't know how attractive the crypto friendly regulations are while on the other hand you have to worry about an unstable government. Only time will tell how everything will play out.

If we happen to go through the $10,000 level, the increase following up on that won't be slow at all. I seriously expect a short lasting fomo rally because of how many people and investors see that as an important development.

The major part of the capital always needs increases and developments to function as trigger, otherwise they won't have the confidence needed to enter this hostile market. We have to accept that not everyone sees current levels as an accumulation opportunity, and that not everyone uses corrections to enter the market. The mass is always the last one to enter, and also the last one to exit the market.

Do I believe that we'll be breaking through the $20,000 level this year? Nope. I do however believe in the market to break $10,000 in the coming months, but sub $10,000 is and will remain the market till the end of the year.

Bullish season? In order to initiate a bullish season we need to have an underlying bullish event being the driving force behind it.

The problem with all people's expectations is that they can only disappoint with how much they expect to happen this year. I constantly see people mention how low the current price is, and how they believe it will reach $30,000-$50,000 before the end of this year, but that's all noise. If they really believed that the current price is low and that a massive increase is due, they would have bought up the market, but that's not happening.

The market is waiting for that important trigger, and as long as this trigger doesn't show up, we won't be going up that much, it's that simple. People can't and shouldn't expect the market to go up out of nothing. Just be honest, what's there to go up for in the very short term?

How does it affects people's interest in Bitcoin? You're either a long term investor, and thus don't care about the volatility, or you're a trader loving the volatile market.

If you're in for the long term, and the price happens to go down a bit after you having bought yourself some coins, then it's nothing more than a loss on paper (virtual loss). It becomes a loss when you start selling your coins below your initial buying price. This also means that if the price happens to go up after your purchase, you haven't made any profit. Is it that difficult to figure out for yourself?

If you can't handle the volatility even when you're long term minded, then you are better off not investing in anything related to crypto.

It depends on what coins you are using for trading purposes. If you stick to just Bitcoin and other top level altcoins, you are less likely going to face any sort of problems, which applies to all shitcoin exchanges. In other words, an exchange (especially when it concerns a shitcoin exchange) can be as good or shitty as you want it to be.

Lately? It has always been safer to keep your coins just with you instead of leaving them on exchanges. Also, you should be worried because of how they *might* scam you. Most of the times when an exchange gets hacked I very much doubt that it actually got hacked. It's far too easy as exchange operator to plan everything in the best possible way. Coincheck was not an exception. $500 million worth of crypto assets in hot wallets, hello, how obvious do people want to have it?