Internet nowadays largely accounts for centralization, and Bitcoin is exactly breaking through that if you so wish, which is what I believe to be a neglected aspect currently, but will gain far more credits and recognition once people realize that centralization affects everything they do. In other words, aside from a tremendous amount of future potential, there is an actual freedom stimulating purpose behind it as well, which for me is the most important aspect.

The point is that people should distance themselves from all the corporations handling the far majority of our digital payments, and Bitcoin is the perfect tool for that. People allowed financial institutions to become what they are right now, and it's definitely time to take back what people deserve, which is financial freedom. I know what it feels like if a bank prevents you from spending your hard earned money on something, and that only gave me more motivation to strive for financial freedom. Never let anyone tell you what to do with your own money!

It's impossible to completely protect yourself as buyer or seller. It's mind boggling that someone actually carries around that much in cash money. If I was in his position, instead of taking that nearly $280,000 with me, I would buy like 1BTC per time to minimize the risks as much as possible. Eventually later on, when you have done plenty of business with a buyer or seller resulting in a 'trusted' financial connection, you could always increase the value of each transaction. Don't get me wrong, 1BTC at $8000 is still a lot in cash money, but everything is better than exposing yourself to insane risks with more than a quarter of a million dollars in cash. Nothing in the world justifies that sort of practices with buyers or sellers that you don't know. It's retarded and just points out how greed makes people do stupid things.

It's a step forward, but not the main factor.

The thing with speculation is that it all comes down to how undeveloped Bitcoin's market is in several ways. It requires proper regulations and a set of rules similar to how stock exchanges operate. If regulations manage to set the foundation, big money will enter the market and provide the liquidity this market badly needs.

Eventually, and I do believe that this will happen, there will only be one single global market. In other words, there won't be exchanges each operating their own orderbook anymore, but they from that point will solely function as broker, just like how stock brokers operate. It's the only way to actually iron out the volatility as much as possible. If on top of that Bitcoin has been adopted to such extent that there is no more room for astronomical growth, it will contribute to even more stability. If Bitcoin eventually becomes what Gold is right now in market terms, we can say that this is the most we can expect from it.

Every exchange will snitch on its users one way or another, which is why you should just pay your taxes. It's completely pointless to think that you will be free and safe from paying tax if you don't report your gains yourself. If the IRS loses its patience, which is just a matter of time, authorities can force every exchange to automatically hand over user information as part of their regulations.

I have never paid any tax over my gains till this year. It only concerns the coins I have been trading with on-exchange though. Everything sitting in my cold wallets will remain there because they haven't been sent to an exchange in years, and likely never will be in the future. Just think about it, the exchange has all your personal information, trading logs, deposit and withdrawal logs, etc. This information just needs to land into the hands of the government, and it eventually will happen, especially if you're a large scale trader.

I still find it funny how Coinbase thinks it has done a tremendous job in lowering the number of users it snitched on to 'just' 13,000. It's not a victory but a loss. The IRS got what it wanted after all; information concerning top value account holders. All other small scale traders are meaningless since they probably don't top the threshold anyway.

It's not all that bad, but I would have liked to see them boost the exchange's appearance in the way that it will look more professional. Bittrex is no longer the shitcoin exchange it once was, and it would be a good thing if they reflected exactly that with their newer UI. At least, their site seems to be a bit more repsonsive now, but still by far not optimal. It's pretty annoying how everything you do requires a second or two loading time. It has been like that for a very long time now, and it's just annoying that they put so much time and effort in their UI, while they should have put some actual effort into improving their trading engine and overall response times. An exchange of Bittrex's size should work flawlessly, and not stutter. Every second lost in this market means an opportunity lost.

It's just them giving BCrash some ecommerce utility it otherwise would never have. It wasn't a plan to replace Bitcoin, because they aren't that stupid to believe in that nonsense. It's nothing more than them hyping up their shitcoin as much as possible, to later on get as many Bitcoins back for it as possible, and their plan worked as a charm. In other words, their plan has already succeeded. If they at some point drop support for BCrash because they cashed out almost everything, people will end up holding shitcoins sinking below 0.01BTC within a few months. No Roger and Jihan capital support = worthless BCrash in the future. People buying themselves into that shitcoin are playing a more than risky Russian roulette game with their funds. Party can't last endlessly.

The point is that Monero shouldn't be listed on any centralized exchange if we purely look at its main purpose, which is offering an extra layer of privacy. If you plan to buy Monero through whatever centralized exchange for that purpose, and think logically, you don't have any privacy already at that point, so it's pointless to even proceed buying Monero. If centralized exchanges at some point will decide to not list it at all, or to even remove it due to regulatory pressure, the value will definitely take a hit if people aren't switching to decentralized exchanges to keep trading it. It's probably the only altcoin I actually like for its features. Privacy is a very important aspect, but one that not many people appreciate at this stage, which is sad.

Oh, so you are helping people? Pure bullshit. If the signals being offered are that profitable, why would anyone even need to sell or resell 'subscriptions' for pocketchange? If you barely manage to cover the subscription costs, then quit this stinky business and focus on your returns these channels allow you to book, if that's really the case. The only thing you are doing is make yourself look less credible time on time again.

Don't get me wrong, there is nothing wrong with offering these sorts of services, but just be open and clear about it. If you really wanted to make these signals available to more people, you would have tried to find a way to release them for free; you are making 'BIG' profits already, so what's the problem? If that isn't allowed as per the channel's TOS (if they have it), then just don't get involved in this stuff at all.

It will go up, but nothing like how things were going last year, just forget about that. Last year's bull run had so many variables coming nicely together, that it is nearly impossible to mimic that exact situation, and we don't have to. Such insane bull runs happen once every few years, where the one before the recent bull run was back in 2013. Currently there is so much that we can look forward to, that the market is almost guaranteed to leave these levels behind for ever at a later stage. My guess is that every bottom after 2019 will be far over the $10,000 level, which we can all look forward to. In the short term, we just have to accept sub $10,000 levels and use them to keep accumulating as many coins as possible. Eventually people will look back at $10,000 just like how we look back at the $1000 level right now, and back in the days when we were hovering around $1000 levels we looked back at $100. See the progress?

$1
$10
$100
$1000
$10000
$100000
$1000000

If noobs spent as much time doing proper market research as they are worrying and talking nonsense, they would be a whole lot wealthier by now. This stupidity is making sure that the gap between holders and regulars (dumb money) is only growing larger, and rightfully so; stupidity should never be rewarded. I thought people who entered the market in 2015/2016 were dumb, but nothing comes even close to what empty headed baboons we're dealing with right now. I know it's hard talk (reality hurts), but what's the point of being soft to people constantly making themselves look like an idiot?

The overall supidity of the people here is what keeps this market as volatile as it is right now, and there is really no end in sight. This market represents 10% knowledgeable individuals and 90% empty headed baboons. With the ratios being that far apart from each other, manipulators have the best time of their life in this market. Eventually, when all these weak hands sold their coins to institutions and other large players, this market will finally be what it deserves to be.

It's not that tax is being collected for the first time. It might look like that with all the recent media attention concerning this subject, but it definitely isn't. The thing here is that resistance is futile when it comes to avoiding to pay tax, especially when you have bought your coins from an exchange. I wouldn't be surprised if the IRS is planning to do a Coinbase 2.0 attack on other exchanges to get what they are looking for. People feel too comfortable with how they believe the "anonymous" nature of crypto makes them untouchable, while in reality exchanges have all necessary data to make you pay for everything. Never underestimate the authorities when they are collecting 'their' due taxes. If you don't pay out of free will, they will rip you open and take it out of you.

That's why if you have coins that have never been on an exchange at all, or not in recent years, keep them offline and don't do anything with them. Better safe than sorry.

While the government might have been the factor causing the RBI to do what it did, and likely making further campaigns/protests futile, I wouldn't necessarily call the crypto community in India small; it's probably one of the larger communities we have. I would even go that far, to say that they at least account for 50% of the members here on this forum, which a lot people here understandably aren't happy with how they drain this forum in every possible way.

Bitcoin actually isn't any different from other tools to avoid tax with. The thing is that legally, people are all obliged to pay tax, but what if I buy a chunk of Gold through the internet, sell it later on when the price has gone up in a pawnshop or whatever and don't declare anything? What difference does it have when you put it against Bitcoin in that aspect? It has nothing to do with tax evasion, but just that Bitcoin offers people too much freedom.

I wouldn't call a site holding the global Alexa rank 146 the worst website on internet.

The thing here is that it's their platform, so even if it's a scam or misleading, which is a better term since they didn't scam anyone, then just don't pay any attention to it. The problem with these platforms is that they only show you what THEY want you to see, and CMC isn't any different in that regard. It's up to you to do proper research instead of relying solely on third party information that more often than not is heavily biased towards those who pay or the platform itself. There is nothing more frustrating than people blaming something that can't be blamed, and especially can't and shouldn't be accused of scamming like I have certain people see doing. People have been complaining about CMC for a while, but still use it, which must be a sign that they do something better than the rest.

Saying that is good, but actually doing something to change that is even better; what have you done to actually put force behind your words? If you keep converting your coins to fiat back and forth, you are only stimulating the economy you don't like. Trading is good as long as the funds remain on-exchange to eventually have them be converted to Bitcoin anyway, but actually cashing out is like going back in time and thus also back to the rotten system you are against.

I am sure that if we all stand up and fight for what's good, we can overrule this system easily, and force it to abide by OUR rules if it plans to be part of the revolution. People however are too stupid to participate in it for the simple reason being that they don't see any threat in how the system is progressing. Bitcoin is the ultimate tool to get what we want, but if people don't use it as a weapon to fight the current system, it's unfortunately useless in that aspect. I hope the general mentality will change at some later point, but I have my doubts.

I am not a fan of any predictions higher than $100,000 because in order to at some point reach $250,000 and higher, the majestic and fierce $100,000 level has to be broken through. In other words, all predictions above that level are noise for me and don't make any sense until the aforementioned happens. We have some crazy events and happenings that I believe will steer the market to way higher levels in the forthcoming years.

The main thing for me to look forward to is how coin backed funds will dry out this market (ie, take supply off the market for a longer time) once they are approved by their respective regulators. Bitcoins are quite scarce already by how people are firmly holding them, and continue to hoard more, but that will change when things speed up a notch of ten or twenty due to these funds.

The last halving had a tremendous impact on the market. The main point here is that in the last years, everything happens in advance of that what's going to happen. The previous block halving wasn't any different; we had a major increase in the runup to the halving, and when the halving took place, the price reflected the decrease in supply, and thus didn't had to increase further. People think nothing happened, but don't bother to look further and thus fail to see what happened prior to the halving.

Noobs always complain about the market to do the exact opposite of what they say and do, and it's true as always.

Noobs buy and expect the price to increase further; price goes down.

Noobs sell and expect the price to decrease further; price goes up.

It's an indicator doing what it should be doing, and quite easy to use in your advantage if you're a trader and not mind taking an extra bit of risk. In other words, sell when the market is buying, and buy when the market is selling; go against that what the mass is doing, which is the right way for you to follow in order to get your profits. Dumb money doesn't think when they invest, they follow their feelings and instinct; both worthless in any market.

It is scary. Another thing that I noticed myself, is that ATM's lowered the max amount of money that you can withdraw per day significantly. I think it's safe to say that they are trying to lower the potential damage of a bank run in case it happens. If a bank doesn't allow you to withdraw your own money, or spend it through their ecosystem the way you want, then it's time to look for a different bank. I noticed that in most cases the smaller banks do a much better job in providing their customers the service and usability they deserve to have and pay for. The only negative aspect of smaller banks is that they are mostly not as wide spead with their offices, but that's something you have to accept. Everything better than using the shitty large banks not caring about you.

You know this, and I know this. However, many of the regulars don't know what to do or have any idea about how things like this work. I checked the email address of relatives and surprised them with mentioning what sites they registered on. Their response was how did I know they were registered there, and what the first or last letters of their passwords were, etc. At that point they started to panic, and people who panic are desperate and very likely to pay to get themselves "removed" from these databases. People here often blame regulars for not understanding Bitcoin, but they fail to understand that regulars don't even understand the basics of the internet. I would say that spreading awareness and knowledge is the best thing that you can do within your own environment. Not everyone knows how to deal with these things.

$6000 held itself like a champ and it was pretty clear that there was no downwards demand below the $6500 level. All the selling pressure was mainly forced on the market at +$7000 levels. If that for people wasn't a trigger for people to start buying, then I don't know what is. I'm however not convinced in a massive outbreak yet, especially because the market isn't all that different yet aside from a slight positive sentiment boost.

If we want to maintain this momentum, a minor breakout to +$8000 levels is needed as soon as possible, otherwise we might be up for another decline. I am still waiting for the 1000BTC dumps to happen that we have been overloaded with in the last weeks. I got used to see them push the market lower and lower. No more of these sudden dumps might indicate that large players have completed their accumulation process, but it's impossible to know for sure until we're a few days away from now and the market slowly bumping up towards the April 17 this month.

That's what happens when retarded people get paid to choose side. I am sure that if you try to bribe everyone in this forum to 'support' BCrash, more than 50% of them would gladly do so, which just shows that people aren't here to support Bitcoin, but just their greed for payment. BCrash without paid support doesn't have support at all - the only reason people were initially interested was because they got an insane exchange rate for worthless trash coins. If Ver and Jihan didn't had their wealth, BCrash would be equal to BTG right now, a coin that got dumped down and no one is interested pumping money in. I seriously hope Jack comes up with something to hand over that account to someone worthy of maintaining it on the Core side, because this is just ridiculous.