Could you learn not to quote whole OP every time you answer the thread? It's stupid and annoying to other people!


There's a very short and easy way to know when to buy and sell a token. It's called the average. When the price is much below a yearly average it's usually a good time to buy. When it's above its a safe sell. The only way you can lose by doing that is when the token is dying and going to 0.

People who say that Craig is Satoshi because he's saying so are incredibly naive. If you all believe that he's your leader why don't you all buy his SV shitcoin. If you all gather up it will go to the moon within days and Craig will make back some of the money lost in the hash wars. Help your leader, buy his shitcoin!

It's not about the easy money that you're getting but the thrill of possibly being able to get them. It's not about catching the rabbit, it's all about the chase
The risk increases your blood pressure and adrenaline and you get excited. People like that and that's why they watch horror movies, drive cars at thigh speed, and gamble.

The police won't do anything to you for abusing this. If they are offering free bets they must be aware of the fact that somebody can be playing against them in another casino.
Reputation? What reputation? Why would you care about what some random person in an online casino thinks about you?
The only thing they can do is ban your account but this won't happen at your first try. You'd have to keep playing at their expense for some time to get banned.

The only people who are buying futures are those who are at the same time manipulating the normal market. If you wanted to invest why would you buy futures instead of the real thing? But if you wanted to sell a lot of bitcoins or knew someone who is going to sell, suddenly futures start looking like a much better option.

There are cheap hardware wallets that are really worth having. Like a ledger nano S for $69.
https://www.amazon.com/Ledger-Nano-Cryptocurrency-Hardware-Wallet/dp/B01J66NF46

Is that a lot? You should always spend at least 1% of your investment on security. If you have more than 7000 USD in cryptocurrency it's a must have.

The assumption that some magical whales are controlling the market is fundamentally wrong. Rich people are controlling the market and they don't have to be whales in the way that they hold a lot of bitcoins. They can be total newcomers with a lot of money to invest. The market isn't only controlled in one way (down). A fiat millionaire can come to an exchange and buy coins dragging the price up.

This is wrong because virtual is associated with unreal. Bitcoin is real money because if you can pay with something it's very real.
We could say that fiat money on a bank account is also virtual money because the bank doesn't physically have it. It only has numbers on a server.

I saw that he was online a few times and didn't post anything, so he clearly had access to his account and to the Internet. It takes less than 10 seconds to write "I'm terribly sorry for the delay, I got some issues, will explain on the (date)", especially when you're already logged in, like he was. He didn't do it = he doesn't care.

The future is decentralized and that's where we are heading. Where every person has their wealth coded into their personal chips or retina and the only way to steal from you is to force you to give it up by torture or threats. This is the ultimate safe storage. No banks, only you being responsible for your things.
Banks were made because it was hard to carry gold and fiat money around, but what if the money weighed nothing and were invisible to the eye?

I don't care about those different platforms. I don't hold all the alt coins and i'm not planning to. I'd say that less than 10 coins in the whole crypto world have any meaning and could be interesting, the rest won't face any adoption and will be used by small groups of fanboys. We don't need a mass adoption of 1000 coins. Also, ight now when you go to a casino, you buy chips, and when you play a PC online game, you buy their currency to buy things in their world. Mass adoption of cryptocurrencies will mean that a casino chips and game currencies will be crypto tokens that you will be able to take out of the game/casino and into a wallet.

If you look closely it was going down hard a week before the announcement about a delay. There's a theory that BAKKT investors had some insider knowledge about the delay and sold early. Another is that it had nothing to do with BAKKT and more with Roger Ver and Craig Wright selling their Bitcoins to buy hash power.

Even if that happens, chances are it will be a slow process that will begin with one of the Amazon's branches, because there are branches. An account on Amazon.com doesn't equal an account at amazon.uk or amazon.de. All these have different warehouses and sell different merchandise at different prices. Not all Amazons accept purse payments.

The problem is that the price is a measure of success. a $100 Bitcoin accepted by millions is impossible because of its limitations. With holders and lost Bitcoins in mind you won't have more than 10 million Bitcoins in circulation, and now it's probably much less. Price will follow acceptance.
I'm not obsessed with it but if a developing technology goes back in price to where it was 2 or 3 years before it shows that it's not developing but getting rejected. We can't ignore it.

Why are you calling gambling a bad use of blockchain? Gambling was a part of human life ages ago. Ancient Chinese and Japanese were gambling for money, many countries like Monaco, are proud to be the popular gambling destinations. Gambling will be there whether you want it or not and it's much better for it to be safe for gamblers with provably fair system and anonymous accounts.

You can try to short if you feel confident that the prices will keep falling but we are so close to the bottom that shorting is very risky. If you had shorted Bitcoin Cash 2 weeks ago, you'd have made a lot of money. Even more than you would shorting Bitcoin. In this situation, when people are exhausted by selling, I'd buy the coins that are very low but offer some interesting technology like ETH, EOS, BTC, and hold for at least a year.

It doesn't change much. Altcoins were being manipulated anyway by rich miners who had a lot of money and could boost an altcoin early on when not many people were interested in it, mine a lot, and dump it all when the right time comes. 2 years ago the market was much smaller than now and it was much easier to manipulate.

Old people don't like changes. Put yourself in their place. They didn't have to use a computer for half of their lives and then all some of them used it for was sending emails and checking weather forecasts and news. Now you want them to pay by scanning qr codes with their phones and downloading android applications? It's normal that they aren't eager to learn these things. They don't want to be bothered anymore.

I'll tell you how I calculate it. Bitcoin was worth 20000 dollars for a while and it stayed for 4-6000 for months before the ATH and months after it. In fact Bitcoin was priced above 5000 for a year now. The whole mining industry and, stores accepting it, pay processors, everything worked for a year at 5000+ dollars. Now we are at 4000, so why would we still be overhyped? Because some people on forums and youtube believe in it? They should be because it's still very small. This forum is very small when compared to other payment processors and banks.
Deutche Bank's income is over 26 billion dollars a year! It's only 1 bank! Whole Bitcoin isn't worth 70 billion now, so one bank is earning per year 35% of while Bitcoin's value. It's not worth 35%, it's earning 35%! And tell me again that a global payment system of decentralized money is overvalued if it's worth less than 3 times the yearly income of one bank.

In the old days people were going from Bitcoin to altcoins because altcoins were offering quick gains. When they were selling they were coming back to Bitcoin. Now people are investing in alts straight with fiat, or going through tether instead of Bitcoin. It doesn't have to be that safe refuge because it's much easier to buy and sell altcoins. It's good for Bitcoin because the more stable it is the better. I'd rather have people buy Bitcoin to own Bitcoin not to do it because they want to invest in altcoins.