1 BTC being an small fraction of overall trading volume, it doesn't have much of an impact.

Its when these types of events occur in a larger scale that trends start to form.

Selling something at a lower price than it was bought for, tends to have a devaluing effect. It reduces the value.

This doesn't mean that the price can't increase later from exterior circumstances. It mainly factors into its own temporal frame.

Karolina is looking good in a black bikini on the UFC embedded series. Anyone think she could pull off an upset against Claudia Gadelha? The UFC also seems to be giving Max Holloway more coverage than the champion Jose Aldo is receiving. It makes me wonder and question why the UFC does certain things.

Only a few days more and this event is live. At least this card gives me more hope than the last card did.

If I remember right, Alex Jones was one of the first to cover the bilderberg meeting and raise awareness on the issue. That's part of how he became well known & famous. Its too bad Jones couldn't do a better job keeping his reputation intact, he has very good skills as an investigative journalist.

As for the bilderberg meeting it isn't as big a deal as it used to be. There are many events which occurred in the world in recent times which have thrown the bilderberg agenda and plan for the world into chaos and uncertainty. There could also be some division among elites in terms of them fighting amongst themselves.

Part of the bilderberg plan is to destroy the wealth of nation's. Unsustainable socialism is designed to fail over the long term. The double edged sword there may be, if nation's default on debt, what happens when billions of dollars Mark Zuckenberg, Bill Gates and Warren Buffett are holding devalue and hyperinflation occurs?

Bilderbergers succeeded in burdening the united states under $20 trillion in debt and the EU under $12 trillion. They're succeeding in crashing the system like they intended. But how will they deal with the fallout when the billions of dollars they're holding are worthless in a post hyperinflation era?

I think when BTC reached $2700 a lot of whales decided to sell all the BTC they were holding.

That's the reason behind the price decrease.

When there are more sellers than buyers the price of BTC will go down.

When there are more buyers than sellers the price of BTC goes up.

Those are the basics, as far as I know.   

I would like to visit someday. Vegas Dave claims he bet near to $1 million on Miesha Tate when she fought Amanda Nunes for the 135 lb woman's MMA title. Macau could have higher betting limits than Las Vegas, that could be one advantage it has going for it. Also travel through asia to macau is good for cultural enrichment.

Will the price of BTC rise on july 1st due to increased trading volume & demand from australia?   

Looking forwards to other countries becoming more involved with crypto to help mitigate chinese -> bitcoin unlimited attempts to centralize mining.

I have no clue what the book "brave new world" is about. Many countries adopting crypto is looking like a "brave new world" to me.

A few years ago, there was a bitcoin gambling site that offered a payment scheme to buy "shares" that would allow share owners to collect a percentage of the site's overall profits.

It was implemented as a last ditch attempt by the website owner to cover his losses via distributing them to share owners.

I don't remember what the name of the site was, it ended in .eu. I think it was bitcoinsports.eu.

Anyone wanting to research it can look it up, could be a decent opportunity to learn from history.

I think gambling helps me to not worship money & control my greed. Worshipping money too much is a guaranteed way to lose money gambling. The only way to win is if you don't care about money and make decisions only based on facts, statistics, etc. That could be one benefit.

Its also a good method for learning to not make bad decisions repeatedly & learning to prevent emotions from clouding judgement.

There's a lot of pressure on financial institutions similar to paypal to be corrupt organizations that look for the smallest excuse to close accounts & confiscate money for no legitimate reason.

I hope this digital bank is a good thing.

If it offers a similar to paypal it may likely become corrupt eventually, similar to how coinbase's list of complaints is growing.

European countries need to invent reasons to force europeans to use the pound/euro instead of crypto.

This is the best they can come up with.

If they cared about "reducing criminality", they might do a better job vetting illegal immigrants?

This isn't about crime. Its about money & forcing people to use flawed centralized banking, financial and monetary programs.

To a degree, crypto day traders like high volatility.

More price swings over time translate to greater opportunities to generate profits.

If BTC's price moves 1% in 24 hours that means the most traders could hope to profit is 1%.

Larger and more frequent price movements make it easier to profit and also increase the maximum amount of potential profits.

Volatility isn't the cause of price decline btw.

Big BTC holders look to be cashing out & selling BTC off their crypto in high volume.

That seems to be the reason behind some of the larger BTC declines we've seen of late.

My biggest question about this is how transfer fees should be handled.

Imagine wanting to buy something that costs $0.50 or $1.00.

Your transfer fees could be equal to the amount of the item you're purchasing.

Should retailers cover transfer fee amounts or should buyers?

Which is the better business model geared for growth and overall value/equality?

That first graphic is hilarious.    

Given a lot can happen in 3 years time. I'm not certain that massive a leap in crypto value is humanly possible though. It would take some massive and castastrophic fluctuations in global financial and economic systems for crypto to generate that scale of net worth.

Oscar De La Hoya beat Mayweather once, even if judges awarded Floyd the decision.

Even Floyd's father came out and said he thought Oscar De La Hoya won that fight.

I'm leaning towards Max Holloway defeating Jose Aldo. I think Jose Aldo could be a more skilled fighter than Max Holloway. I'm not sure Aldo has the cardio to last 5 rounds. His endurance hasn't looked good of late.

Durant could tip the scale in favor of golden state. He's the only solid player golden state has that won't succumb to mental inconsistency which has plagued that team in championship games. Golden state has a tendency to be wishy washy and unreliable when things get tough. Durant could be the anchor they need to keep them grounded.

I double or triple the amount of crypto I'm holding sometimes through gambling on sports. It is neither a safe nor reliable method over the long term. There are always good chances of losing everything. Yesterday I lost 0.14 btc after a few weeks of consistent winning.

The only safe method might be working, having some type of skill or expertise that can be traded for btc.

I would mine & side with bitcoin core to offset the bitcoin unlimited attempt to achieve a mining monopoly.

If I sold the technology, buyers would sign a contract guaranteeing they mine only for bitcoin core.

There's a chance I would keep it as patented proprietary technology unavailable to the general public.

Intellectual property isn't as valuable as it used to be & there are many cases of copyrighted & patented technology theft.

Rather than "unrestricted banking" or "problem banking".

"Centralized banking" could be the key term we're looking for.

Centralized power structures/centralized banking can be indiscernible from "monopolies".

In that "free market banking" or "decentralized banking" could be goals worthy of aspiration.

I don't think price fluctuations are due to bots.

They're a result of large holders of BTC/crypto being happy with the current price & selling off all the BTC/crypto they own.

Since btc reached $2700 so easily and quickly, the initial response is to buy btc when it drops.

Lots of big dumps with many optimistic buyers -> high volatility and price movements?

One issue with pricing and valuation could be faith not always being validated.

One example is real estate in the united states. Few recalling a time when real estate prices in the united states declined led many to believing the price of real estate in america would never go down.

This fostered the perfect environment for a subprime mortgage bubble.

An overabundance of faith can lead to bubbles and overvalued assets.