By the looks of it, trying to see bitcoin reaching 17k lacks a lot of vision. We have moved from 9-10k levels and even lower during the pandemic period (which we are still in but I am talking about spring time) where price bottomed as much as 5-6k and now we are almost at 16k right now, and you wonder if it could reach 17k? Why not wonder if it could be 20k+ and break new all time high? Why not wonder about 30k and do a double?

Those are things that could actually make a big bang noise all over the world when that happens, 17k is just 1.5k or so away from where we are right now and is like a 10% increase in bitcoin which to be honest is not a big deal. Bitcoin can do 10% increase in its dream, it could happen while you are sleeping and wouldn't really be a huge news when you wake up, 17k is as possible as it gets.

I guess printing money at its core is created needed due to shareholder greed. Normally companies have just one goal, to make as much profit as possible and if you are profiting you are expected to profit even more in the future, if you profited 1 billion in 2020, you need more than 1 billion profit in 2021 so that you can cover the inflation difference as well. Which means by logic all these companies needs to gather as much profit and money as possible, where does this money come from? If we assume nobody prints any new money, shouldn't that be impossible?

Without new money you can't have more money, hence why central banks keep printing money to keep this system going. We need a system that rewards not losing money and maybe not focus on growing profits but just keeping profits, that seems like only logical option.

Lol where you said it doesn't depend on supply and demand afterall what you explained there is still the same supply and demand that is causing the Bitcoin to keep increasing in price.

The price will be momentum for now, and people will have FOMO for sure since the time it took to move into $15,000 from $12000 was a short period unlike before, they are rushing it now, so we are likely to see more of the fast movement up on the chart, especially now that December is coming.

I am not sure about hitting another ATH price, but we are close to a very big thing from here. From all these, we can be sure about 2021 would be another more exciting year for this crypto space, let's wait and wait whet time unfolds on this regard.

The data that you could definitely go look for would be the minimum salary and car prices and house prices and school prices. If you look at food prices they are somehow better, they grew lesser than the inflation so right now buying a gallon of milk today is cheaper than buying a gallong of milk 50 years ago, maybe not in price but it is definitely better versus inflation.

However if you look at someone who worked a minimum salary regular mcdonalds work, look at a house 50 years ago and today, look at a brand new car price and today, and look at how much college cost 50 years ago and today, you can see the differences in these things that basically doesn't even come close to inflation rates that was given. Drop these into understandable levels, just these three (house+car+school) and you get yourself a better world. Healthcare was always expensive, that needs something else, I wouldn't know what but something else.

Do you guys all buy it because you think it will have a great future? I mean sure we are talking about "holders" but isn't the question a bit weird with first half and then the second half? If you are a bnb "holder" that means you are holding your bnb for a future profit, that is literally what a holder is, if you are asking "what do you do with your bnb" that means you have to do something with it and if you are doing something with it that means you can't hold it but can only use it or trade it.

This is the reason why I am not sure who this question goes to, if you are asking about the holders they are holding but if you asking to people who use it, we use it. I personally buy BNB time to time in order to cover my trading fee's, it is helpful that it is cheaper to use bnb if I want to.

I think it is not about "getting close" or anything like that, people who got excited about this news (including me) didn't get excited because we think 2.0 will be tomorrow, we know that it could take a long time, it could be as much as 2022 before it happens which means we are going to have to wait a loooong time before 2.0 is a reality and we know that.

What made everyone involved so excited was not the time period and getting closer deal, it was the fact that it is worked on and reached to a new level, that means we are done with major parts of the upgrade and that excites us, obviously we are going to wait awhile but that doesn't change the fact that we are now one step closer and that means something to us. Every single improvement matters right now in something that we have waited for years, even a slight light on it would make us feel at more ease at this point.

^The funny part about what Trump was trying to do ; he tried to stop Michigan count because "voter fraud!!" but he wanted Arizona and Nevada to be keep counted. If everything ends like this, he loses, if there is continuation, he loses, there is no scenario where he can win anymore.

Plus, no matter how many times you count the ballots again and again, you are not closing that gap, which means either he wins with the late arrival ballots becoming in favor of him in one state, or he loses, there is no path to victory on the finished states. In any case, the real trouble begins when everything is settled and Trump goes to supreme court, dude literally appointed his own puppets there and even if it is something illegal thing to do, when supreme courts deems it legal, they could do anything that would help them win.

If I remember correctly, 2000 elections were decided officially in like ... December? So, it can take a whole lot of while before it could be decided, I would say people who wagered on this election should be patient because even if we do know the unofficial results give or take and even if it takes a while for just the unofficial ones are decided (looking at you Nevada) we will probably not get an official one anytime soon.

Since the results will "most probably" be like 270-268 and very close, there will be a lot of recounts, lawsuits and many other things thrown by the Trump team, and there is a big possibility that nothing will change in the end and still will lead to same results but until the courts take the case and makes a decision it will be at least another month of waiting for the official results.

This is not something new, we are experiencing for the first time; if you have enough experienced then this must be the right time to go for shorting altcoins against BTC; but unfortunately most exchanges are not supporting that kind of trading still you need to do it on your own like you may sell your altcoins stash and then need to buy back at lower price levels.

Yeah, it will take time for altcoins to follow bitcoin's trend but immediately when bitcoin is entering into bull mode, usually altcoins face downfall to maintain equivalent USD value. Yes, if you have enough BTCs then you may buy altcoins at its every support levels.

This needs intensive analysis so that you can easily multiply your BTCs in comparatively more quicker time. I do buy reputed altcoins at every resistance levels of bitcoins; one simple trick I do follow to maximize my BTC holding.

There cannot be any big differences for beginners from rest of crypto people hence all the best exchanges are good to go with even in the beginning days. I have not come across an exchange which is built for beginners of crypto space. All the exchanges are being built for traders and the features are usually focusing the ease-to-use for a trader's perspective.

Moreover, there cannot be any safe-heaven like exchange which will never let you commit a mistake because you are just a beginner in the crypto space. You must feel your responsibilities when you are touching a crypto exchange. If you feel that you are not having enough experience for an exchange then you must wait until you gain knowledge and experiences.

All I mean, there cannot a newbie-friendly exchange for problem-free trading or built by having newbies in mind. When you come to trading, your experience is least bothered.

Even if you want to earn daily, you could still hold your bitcoin, you could hold it on places that gives you interest.

Obviously some places give insane returns that looks fake and I do not believe them, but there are also legit places that gives a proper return as well. I for one love freebitco.in which gives a steady return of yearly 4% for your bitcoin which is a lot, and I think that is quite great that they allow you to make it on bitcoin and not dollars.

This is the reason why I think it is quite important that we end up with picking the right one and not one of those scammy looking ones. After that, your path to daily income is simple, just collect that if you want to, or just ignore it and let it grow even bigger because the longer you keep it there the more interest you get with the earnings.

2021 suppose to be the year where everything great happens, it was like that way before the pandemic and it was seen like that even before there was any economical downfall in the world. The reason why it was seen like that was the 4 year cycle deal, during 2013 it was lower a bit, on 2014 it went up, in 2015 it crashed in 2016 it went stable and a bit up, in 2017 it was normal actually but on the last days it went up, and we did the same thing now for the past 3 years once again.

This means either by the end of this year like 2017 suggested or maybe start of 2018 with the halving and all and the cycle, we should be basically going up, that is at least what the history tells us, will it happen? I wouldn't know but it definitely does look like that for time being.

We are not looking awesome right now, we tried to break over $14k and managed it for a tiny period and went down, I was happy with the $13.8k or even $13.6k levels but we are now at $13.4k, which is a bit worrying to me. If the price reached to $14k and broke over it and corrected itself to $13.4k that would have been normal, because there needs to be a correction whenever we reach to a new high for a period and $14k was a new high for like past 2.5 years or so, which is why going down was something I totally understand.

However what I do not understand properly was the fact that bitcoin went back to $13.8k first and not $13.4k , after that it went down a bit more and a bit more and basically just slowly went down instead of correcting right away. Does that mean we stop now, or will it continue to slowly go down?

Back in the day most casinos had faucets and they were giving that away so that you could gamble on their websites a bit and when you lose that money you would deposit some more from your own money in order to make more wagers and have fun.

Nowadays that is gone and casinos just print their own coins, sure there are some with faucets as we know but the coin that casinos build are basically the same reason why casinos had faucets 5 years ago. You come in, you do not know the website, you want to check it out but you do not want to deposit anything just yet, so you end up with just using their own created coins to test and see what you can do in the website and if you like the demo tour with those coins you end up with depositing real money as well. Sort of like a test run deal for casinos.

^I would like to point out that Trump managed something that nobody assumed he would, he won at the swing states by a big margin and not within margin of error and that is the difference between 2016 and today. People keep saying that this resembles 2016 where people assumed Hillary would won but Trump won, first of all this time around Trump had a bigger loss possibility in almost all polls, from +4 or so on Hillary last time, we have moved as much as +12 to Biden (and around +8 or so on last days) which means everyone assumed Hillary could have lost, that was a possibility and difference wasn't major, however when it comes down to Biden everyone assumed it was either a regular win for Biden or a landslide win for Biden, yet Trump not only leads those swing states, but also has a HUGE lead in them as well.

Day trading "never" works well is a bit stretch. Of course it could work well depending on the situation, there are tons of people who make their profit from day trading too, you could pick any few coins you want and you can master the prices of those coins and instead of trying to profit from ups and downs you could just focus on the spread and trying to make profit from that alone and still come out profitable.

However I can't say it is "always" profitable neither, it is not always profitable and you could end up losing money as well, you could get in with the hopes of getting out in minutes and it could crash so the price will be lower. So, there is nothing you can do to keep focusing on the one way or another, it could be profitable some times and it could be losing some other times, it always changes from situation to situation.

Unfortunately we could consider it as much gone as possible, I know people think that it is possible for ETC to make a comeback but like you guys said it is impossible after all these 51% attacks. It is great that you changed your mind abiky because the price is not going anywhere, normally I understand the logic but it doesn't apply here.

If I saw a coin have a problem and if I see it as a onetime thing and not a long term problem and the price plummets a lot, I would get in as well thinking it is undervalued since it was a onetime problem and it will recover and go back to old days. This idea doesn't work in ETC because it doesn't have a path to recovery, sure some people may work on it but it is an abondened project that is destined for more 51% attacks in the future.

The price doesn't need to crash all that easily next time it reaches 20k, it was just that one time and I am sure next time will not be the same. What people do not consider when talking about the ATH price is the fact that just a few months ago price was 1-3k range, the year started with 700 dollars per bitcoin, literally under 1k and at the peak it was 20k.

This caused a lot of people to have a lot of money, there were millions of people all around the world who got bitcoin under 10k and sold it above 15k in just few months, there was a rush towards selling everyone's bitcoin whenever they can. The difference today is that we have been at these prices for a long time, people who wants to buy already bought and people who wants to sell already sold, going to 20k wouldn't be a sudden shock to us anymore.

We already had the halving? Why are we talking about halving like it is something that will happen and not something that has already happened? Did I see a dream? Didn't halving happened in may? Something like 10th if I am not wrong? I do not get why we are talking about halving and what is going to happen with the altcoins after the halving like we are not already 6 months into the halving already?

Sure it could still have some impact, after all there is a 12 million dollars PER DAY not mined and that is something great but it is really not like it is going skyrocket or plummet at this point, whatever happened already happened and all the price is calculated into it, from now on it could only have a gradual affect and not something that would be sudden and shocking at all.

The only reason why bitcoin goes up is literally demand, we are not producing anything, we are not used in anything neither, we are just a currency and that's it, it is not a product.

So, the only way bitcoin could ever come up is if there is more bitcoins bought on the market than sold, which causes people to buy more expensive increasing the price since the sellers are not willing to sell any cheaper, that is supply/demand 101 and that is the only thing in crypto market that drives the price; which means with all these paypal and all these other stuff that happened this week, price went up because there were more people who wanted to buy than who wanted to sell.

Resistance points are there to show people where the common "this is good enough to take out my profit" levels are but when you break over them, it is easy to go higher and higher.