Are you saying that miners can influence the price? This isn't really the case, mining is not the same as traditional manufacturing of some sorts, it was designed to follow the price thanks to the difficulty adjustment algorithm. If miners will refuse to sell their new coins, lots of other people will still be able to sell, so if miners will start quitting, the difficulty will adjust later and it will become easier for miners who are left.

Who's complaining? I'm just saying that there are people who find it hard to learn from courses, and I pointed out about free books to help them. I appreciate what OP did, and I'm not saying that courses are useless, I just wanted to add some free alternatives to courses for people who don't like them.

Every trend becomes broken sooner or later, otherwise the price would be too predictable. I'd say it already happened year ago, when the price went from 3k to 14k without any real reason. So I totally expect that this time it will be somehow different - maybe new ATH will come sooner than expected or won't come at all, maybe there will be a bearish market, or maybe a big bull run will start in just next few days. Either way, Bitcoin was always doing something unexpected, and right now everyone expect a repetition of 2016-2017.

People often forget that Bitcoin's properties were designed to allow users to hide and secure their money against malicious third parties, so Bitcoin is indeed a hedge against third scenario's like wars or dictatorships. But the thing is, they are relatively rare and not everyone is going to flee their country just because it's at war. So, for most people on the planet those feature aren't as useful as something like being a hedge against economy, since economic disasters are more common.

I think when everyone starts expecting the repetition of previous rally, it won't happen in the same way, because now everyone will be trying to take profits quickly, thus creating resistance. If you look at previous rallies, you will notice that they came seemingly out of nowhere, the market was full of FOMO and people seriously discussed $100,000 or half a million. But if people expect a bull run, it won't be as big, because people will be ready for it, so there's less room for irrationality.

I personally don't like courses, they always feel very rushed and miss the detaisl, so I prefer books. Luckily, there are some great free books about Bitcoin, namely Mastering Bitcoin and Bitcoin And Cryptocurrency technologies. Also there's lopp.net which is a good source for both practical and theoretical written Bitcoin knowledge.

You're ignoring the fact that we have higher lows, and that their growth is far bigger than the decrease of highs. The ATH was $20,000 and the next highs were $14,000 and $10,000, so overall it's a 50% decrease. But the low after the ATH was $3,000, after that it was $6,500, then it briefly touched $3,800 but I wouldn't count a flash crash, so it was more like $5,300. It's clear that the support grows faster than the resistance, and combined with halvening it's way more likely that the key resistance will be broken.

Apples and oranges. This forum is totally usable even if you have 0 merit, you can still participate in discussions and read posts of other users to get more knowledge. But trying living without money - it's just impossible. Merit lets you have higher rank, and higher rank gives you features like avatars and such, but they are purely decorative. This forum was doing just fine before the times of sig campaigns and merit points, because first and foremost it's a place to learn and discuss Bitcoin.

People should just turn on their logic and think for a minute, if someone had real money-making opportunities, like these fixed matches for example, they wouldn't share them with strangers, they would take them for themselves. And "I don't have money right now" is just bullshit, everyone has some money, in worst case scenario they can take a loan if they are so sure in their method.

Don't take a candy from a stranger, it's poison.

So what do we do with this information? All of us will be dead in 2099, unless there will be some research breakthrough in the field of longevity. Our children or grandchildren may or may not be interested in Bitcoin at that time. And it's also an open question if Bitcoin will be relevant in the next century - it can either disappear or be replaced by something better. Basically, it's not very useful to look so deep into the future.

And why is that? Every company can't wait to return to their normal work, working from home has reduced productivity of many industries. For example, many video games got delayed recently because developers can't coordinate their work from home as efficiently as they do at office.


The quarantine hit small businesses very hard, markets were forced to close, while big players remained untouched by it.


A month is not enough to heal all the wounds that we caused to nature, everything will get polluted again as soon we are out of the quarantine.

So, last 2 times it took ~6 months after the halvening for a bull market to kick in - I believe this might not be the case now. We have seen 4 big surges since the last year, and I think they can all be attributed to the halvening. One of them is the latest one, so if the market become bullish even before the halvening, there's a possibility that it will be bullish during/after it, but the bullishness might also not last long.

I'm thinking that the rally will start very soon, but will end at 14-16k resistance level, and then Bitcoin will turn bearish for a few months, and then everything will repeat again.

Good, you should simply understand that just like you have to work to earn your money in real life, you need to work to earn Bitcoin. No one is going to donate you coins without reason, people donate to some causes like helping the poor or the sick. As for startups, it's investment, not charity, and startups are expected to repay their investors with share of their profits. So, you need a solid business plan and some good reputation to get startup funding.

Wrong. This forum has 2.7 million registered accounts, and the number of active users is counted only in thousands. Amazon has 300 million users. The demand for buying goods with BTC is tiny, even if you assume that every visitor of this forum wants to buy things with Bitcoin, which is not the case, since many people want to hodl or wouldn't trust sellers with Bitcoin transactions.

There's not enough interest neither from sellers, nor from buyers. I've seen this happening with Bitcoin freelance sites - extremely low volumes when compared to mainstream sites with no signs of growth at all.

In our days living bankless is like trying to write a novel without using the letter "e" - possible, but extremely hard. It can be interesting to some people who might view it as some sort of entertainment, similar to climbing a mountain or hiking in the woods. I never even spend cryptocurrency in real life yet, despite being into Bitcoin for 4 years already, so I personally can't imagine living even a day without fiat payments.

And I second what LeGaulois said, using Bitcoin cards is the same as using banks, so it shouldn't count.

Of course I was only speaking figuratively, an economy where everyone is a millionaire is impossible as long as we have finite resources, and of course good money management is only a part of becoming richer, but everyone would have benefited if they were smarter with their money, people would be less poor for sure.

That's why those people are not millionaires. Poor spending habits are very common, people don't look for better deals, don't bargain, don't control themselves, don't invest money and then wonder why they are so broke.

I wanted to short a little bit of coins yesterday, but got lazy and went to sleep, now I think it was a good idea. Not that I think that we'll go straight to $3k, but a correction is highly likely and it's likely that the price will drop after the halving, since there's nothing big with the day itself.

I just don't see Bitcoin breaking $10k resistance for long, as your chart shows, the selling pressure is big, it will take a lot of time till it will happen, I'd be happy if it happened by the end of this year or the beggining of 2021. We will likely see that support and resistance line coming very close to each other at some point.

If there's already an increase in scams, you can expect it to only get worse as the market becomes more and more bullish, after all we will very likely enter a new bull run similar to what happened in 2016, and more new people means more opportunities for scammers and hackers.


And this is really sad, because with crypto it's easy to lose all what you have, so many times I've seen users saying that they lost all their coins when they installed a fake wallet or their exchange got hacked.

There's this thing called Google Recaptcha V3, it uses algorithms on clients side to first estimate how real is the user and only if the user seems suspicious it shows the captcha. Lots of sites have it these days and people don't even know that there's captcha on the sites that they visit. I don't know if freebitco.in uses it or not, cause I don't have an account there to check, but I think my point is still helpful, even if I'm wrong about this case - cause maybe OP will decide to try to run his bot on some other site, and I just want to warn him that this is a waste of time and money.