I would have to say this is not that big of a deal considering it is just licenses and so forth, of course it is great that a place of government accepts bitcoin but that is really not a huge deal considering we are not talking about billions of dollars.

If it was like a zone that accepted tens of billions of dollars in crypto that would be a huge deal, but these licenses are probably at most few million dollars at most, probably just few hundred dollars realistically, who would pay that much money for crypto and make it go up? Also let's not forget that Ohio is accepting crypto payments for crypto profits as well, which means they were the first one that we know of, this doesn't mean that we are aware of every single nation, it could be a bit different as well, but at the end of the day as far as we know Ohio is the first one and Miami was before UAE as well.

Nets vs Clippers game is exactly what's wrong with NBA right now, they are so soft on players, everything is a foul, there is also no defense anymore and everyone just chucks threes. I am not an old timer who hates the game and wants the old game back or something like that, but when referees decide on the game result that is something wrong.

Anyone who has watched the game or even the highlights can easily see that Kawhi did not foul Harden, not even close, not even remotely explainable, and you know what's worse? They actually reviewed it, because it was challenged, and they still stick with the call instead of changing it because changing it would mean that they made a bad decision to begin with and they can't accept that so almost all obvious calls that gets challenged usually stays the same.

I am sick of it, we need all these refs, and not just one or two, all of them to be fired together as a union, and a new NCAA or something else, or even foreign if you freaking have to, to be called all together because this can't go on like this, NBA views dropped significantly like crazy as well all because game is getting to a referee game very quickly.

Bitcoin never "needed" news to go up, this is a "all thumbs are fingers but not all fingers are thumbs" type of situation where a great news would make it go up of course but it could go up without a great news as well, it is not a must and that is what we had on that recent run.

This doesn't mean that great news like tesla buying, microstrategy buying or something becoming more relax in regulations etc etc whatever good news is would be bad for us, I would love to hear Apple buying 5 billion dollars worth of bitcoin for example, not saying that would happen but if it were to happen that would be amazing and increase the price insanely high, probably closer to 70k as well. However just because that would be awesome doesn't mean that the price will go back to 10k unless Apple buys bitcoin, it doesn't work like that and we should not be making that a must neither.

Honestly I feel like this was already a problem, of course numbers weren't this drastic but it was already a problem, it never made any sense at all and it still makes no sense that there is this much debt. Of course the debt is for the future, most of that debt is not "should be paid right now" debt, most of it is "debt that will be paid later" debt and that is why people keep postponing it time and time again which is going to eventually boil up and blow up.

Mortgage crisis was nothing compared to this debt one, eventually one day banks will collapse under heavy debt and all other places that have debt will just find a way to keep not paying without anything happening to them. That is why I think it is quite important that we do not end up living under debt ourselves, but realize that debt is not as bad as you might think considering the whole world is in an unpayable debt.

I do not think that it will become internal ledger like that, that is a very low possibility unless they offer some great situation, like maybe make bitcoin nearly free and instant to move around if you want to, instead of the current situation where you pay like crazy for transaction fees and still wait nearly an hour for it. That is why I do not think that there is any situation where crypto people would change all of the things we have right now and go move with the big companies would be really not an option for most of us.

The real big trouble I fear is the manipulation, they have sooooo much bitcoin that they could literally drop the price whenever they want by selling their coins, or they could just tweet and increase the prices as we have seen before. So, the real problem is not that they could make it internal since that looks not that possible whereas the real trouble is having manipulation by the rich.

I sold to other people using paypal. Back in the day we didn't cared about our bitcoins all that much about paypal and centralization and many other things, it is funny that paypal is getting into bitcoin just now but back when I didn't had any sort of local exchange that allowed me to deposit or withdraw fiat, I was capable of using paypal and just sent or received money from there, no chargebacks or anything ever happened to me neither, which I have to say would be very risky to do right now but back in those days we were only a few people so it wasn't really this scary, now you could get screwed over 10 bucks on paypal if you are not careful enough.

Of course there was P2P as well, it was always available, there were many times a guy I know wired money to my bank account and I made a profit from that, eventually he started his own exchange as well so it was really cool to see that.

How come there is no "rise or fall streaks" in bitcoin in January and February of 2021 but the price has managed to go up 78% in the same period? There must have been some increasing streaks during that period, or dropping.

Like when it reached from 28k to 38k+ price, wasn't that a streak of few days when it happened? Or I remember price reaching from 38k levels to 28k as well, that was a few days of dropping as well.

Those four days in a row should be considered streaks if you ask me, because bitcoin moving to one direction non-stop for 4 days means a lot, considering we are in a very volatile market having 4 days of one direction means that we could be changing a whole lot in that 4 days and not just small numbers neither.

In any case, I feel like the bear is getting closer and closer, doesn't mean that we will have a loss streak tomorrow, but its closer than it ever was.

Especially considering you are a huge known person in the crypto world, I didn't even know you had anything to do with these bans affecting you. I know that you must be making a decent money compared to other people in your nation, even if you are not "wealthy" you are probably doing alright for yourself, and that should make it even harder for you to handle all these transactions while there is a ban, because you would be under a lot of suspicion when you get that much money.

However peer2peer may not really be that easy considering all the people who will want to get a good cut. What I can suggest you is try to find nations you can open an account with, like Estonia had online applications for example, with that you could technically move your exchange accounts to your other nations bank account and they will allow you to get crypto and fiat and you could just move that banks money and wire that to your own banks account.

Sort of? I mean you could always have charge backs and so forth in fiat money, you could buy something with credit card and then do a charge back, that has been a problem for many shop owners for years and years, specially with paypal who took out even double sometimes, so you sell something for 100 dollars, which costs you 50 bucks, and you think you made a profit of 50 dollars right? Buyer makes a chargeback, so paypal withdraws that 100 bucks from you and 100 bucks for blockage and now you are down 250 bucks for something you sold to someone.

Basically this is a HUGE deal and that is why it was different, nobody could say that citi was wrong here, they did a mistake and that is true but just because they did a mistake doesn't mean that they should be out 400 million dollars from this, they should have gotten their money back, it is an insane case and not something common in fiat world.

Gold is not really dropping in just one nation, it is dropping in all nations right now, and the fact is that bitcoin is doing a lot better than anything else scares governments because people may not need them. Think about a nation that has citizens that doesn't use that nations currency, main thing they use is crypto, and they do pay their taxes they do nothing illegal, but they just refuse to use that nations fiat, in the nation itself, wouldn't that make nations currency worthless?

I mean what is the point of a fiat currency if nobody uses it? Of course it could never be as severe as nobody uses it, but the reality is that we are in a situation where more and more people uses crypto and that means less and less people use fiat which makes fiat a lot less valuable. That is the main reason governments are against it, or at least the ones that are against it.

This doesn't change anything, Elon Musk is still capable of manipulating bitcoin and doge and probably a lot more coins, if he is strong enough to manipulate bitcoin price with just one tweet, just because he became second richest person in the world doesn't change anything, he is still quite powerful and influential.

I rather have no person changing no price with just one tweet, that is way too powerful and I would rahter not have any person on earth have that kind of power and hope that Elon loses his power to tweet prices higher but just because he became second richest person instead of first doesn't change anything. If Elon says something positive about doge once again, you will see a huge increase in doge once more, that will keep going on until people stop making financial decision based on some rich dudes twitter account.

I think this kind of situation is not applicable at all places. Let me put it this way, if I bought bitcoin at 15k, and it became 30k and you told me "you made double of your profit, you should not be too greedy and get out" and I followed your advice, I would have lost an additional 20k+ profit. Does that make sense? Of course not, I should keep and be more greedy in that situation, which means "leave when you double your profit" is not really a good advice depending on the situation, in your situation it was a good one in mine it was a bad one.

It means it depends on the situation and sometimes you should get out when you can and sometimes you should stick with your investment and wait, that is why I believe we should not be really rushing into judgment when others investments are on the line, let them make their own decisions so you do not get in trouble with them.

These type of stuff usually mean that "if the price hits 60k, there is a whole lot of people selling a whole lot of bitcoins that worth whole lot of dollars and that would be very hard" and that's about it. Nothing really special about that, you could make the same logic for dropping as well, for example there is a very slim chance that price could go under 27k, and when I say that I know I could be wrong, because there is no guarantee in bitcoin or in trading, but I say it because there is a good support around those lines and we need to go down that much AND break that support so it is of course harder.

Same goes for getting higher and why Author mentioned that price, we have a good resistance point and not only we will have to go to 60k, we also need to break over that resistance which makes it very difficult. It is of course not impossible, it is just an assumption.

Do not be worried about a potential of a very long bear run because from now on we can't be in a bear run for way too long. Why? Because there are companies that are financially investing money that we never seen the amounts of before even at 50k, do you know what they would do if the price falls under 30k? They would literally get loans and debts from central bank itself to get in, they are capable of getting huge amounts of money non-stop like crazy and invest into bitcoin. It means there are a lot more richer and powerful people in the crypto world, and they will not let it go down.

How do I know this? Because if bitcoin goes too low, they are going to bankrupt and they can't let that happen so in order to save themselves they will do whatever it takes to make the price go up. Look at GME and how everyone wanted it up but wall street managed to take it lower and lower.

They are way too big in this right now, they put way too much money to "toy" with the prices, so when they leave they will hurt the prices so much that it wouldn't be just toying with the price, it would be ruining and destroying the price for months maybe years.

Hence, I do believe that these huge companies going in is something much better than what big companies did back in the day, sure if you get in with 100 million dollars you could sell 50 million of it, while buy short futures with the rest and after you sell your short futures would be worth 200+ million and you could still get 20-30 million of it back from the sold ones and your 100 million would be 220+ million dollars. Whereas if you want to do that with 1+ billion dollars, you would ruin the price way too much and fail. Hence I think they are here to stay and they will hold their bitcoins as long as they have to, not like they are people who need money so they will just hold it forever and would be fine with it.

He "pledges" 100k, that doesn't mean that he will give that. First of all as far as I remember correctly grayscale has a lot bigger amounts than 100k, and this wouldn't be the biggest one anyway but would surely be amazing investment if it was valid.

However the reality is that he pledges it and not given it or anything yet, dude could get away with it by sending 5 billion dollars and say that "its worth same as 100k bitcoin" and be done with it, I am sure the foundation wouldn't be upset about that neither, in the end they are getting 5 billion dollars and that is not a joke. Until he actually buys it and sends it there and tries to use it for betterment of blockchain and technology, we are not going to see that priced in, it is just a news and western media is barely interested in rich whale Arabs doing anything, they really do not see this as news.

I do agree that idolizing any crypto evangalist is a bad idea, I do not really like anyone aside from maybe winklevoss twins but not idolizing them neither just find them quite successful and not at all weird crooks like facebook wanted to show, at the end of the day you should not idolize anyone in anything, because believe me if you get the chance, you could become at least as good as them when you give enough effort, nobody reaches to a point by doing something no other human could possibly do (except physically handicapped).

Michael Saylor is an "alright" investor and he keeps doing what he believes would make him a good amount of profit, he got into bitcoin and made a good amount of profit from there, and he thinks he could make a lot more as well if he keeps this up, that is about it and there is really no secret or anything behind it.

Unfortunately for Roger ver, people saw what he was trying to do and BCH was declined by the majority of the people and would never even be considered as the main currency. BTC is bitcoin and everything else is just a copy cat that doesn't deserve a shred of attention.

I personally have never owned BCH (aside from the airdropped one on early days which I sold right away) and will never even consider that coin to be a good one. It is obvious that Roger Ver and Jihan Wu created BCH because they wanted to make more profits and that was it, which is why I think it is obvious that people do not see BCH as an important figure in the crypto world, it is definitely something they know it is just a coin that is kept alive by these huge miners and that's it, nothing more and will never become a liked coin.

It is good to see people who support polkadot not only because it is high right now but supported it long time ago as well. I believe polkadot is way overpriced right now compared to what it should be, and I think it will probably go back to what price it used to be, but right now it is still doing a lot better than expected and will probably continue to do better than expected as well.

However one thing is for sure, even if I find it "overpriced" I always knew that it would reach these levels "eventually", I am shocked that it happened this quickly but I have to say I can't say I never expected it to happen, I always expected it to happen one day or another. Hopefully I want to see it become half of etheruem at least and maybe even try to take its place, remember there were moments XRP passed above ETH as well but it dropped, I want dot to pass ethereum and keep fighting with it for the second spot.

Honestly NOBODY knows this. I know we like to talk about "it will happen" or "it won't happen" and anything in between but we have to realize that nobody knows this at all. It is obvious that we want to know this and we want to have answer for this but the reality is that we have no clue if this will happen or not. Which is why we are just trying to guess.

One thing I am certain is that even if the bear run starts in may, I won't leave because I am way in profit and there is nothing wrong with waiting for me, if it starts to drop in May, I will not get out and wait for the next increase because each increase is bigger than the other. Let's assume price falls from 50k to 20k, that means eventually "one day" it will be above 50k again, and I will be profiting from that, so I will wait for it to go up.