It depends on your interpretation of hodl. In most cases hodl indeed means that people at some point plan to unload their coins, but that's only if they are fiat centric. In my case hodl means that I will keep holding through until I don't need to cash out my coins anymore to buy whatever I want, because I can buy everything with Bitcoin by that time. People keep complaining about banks and this system, but don't do anything to change that, which is quite odd in my opinion with Bitcoin being available to offer you the freedom you always wanted to have, but never was allowed to have. This thread perfectly shows how people are focused purely on fiat, which at the end of the day is their rightful choice. People are free to choose.

Discard the volatility. If the market has taught us on thing throughout the years, then it's the fact that volatility is meaningless for the longer term price development. Bitcoin's market has been one massive rollercoaster, and people keep complaining about the volatility being an obstacle for the price, like seriously, are you guys blind or what? LOOK at the charts if you don't believe it. Other than that, with how thin the market is, and with how much thinner the market will get in the forthcoming months/years, it's just a matter of time before we smash through +$100,000 levels. I don't even focus on anything less than that, neither should anyone here do if they are in for the long term.

That CEO must have a lot on his hands operating three companies, with all a shitty core business, shitty bookkeeping, and shitty cashflow, he is looking to boost everything (and more so himself) by initiating an ICO. It has a very bad smell to it, and I actually like the SEC stepping in. I however wish the SEC did that too on other non-crypto related occasions. In most cases the SEC is too late when it comes to preventing scams and ponzi schemes from harming innocent investors, which has resulted in them to lose a lot credibility. If they actually put an equal amount of effort into busting non-crypto schemes, they will then finally do what they are supposed to do.

Bitcoin dominance in terms of its market cap is meaningless with altcoins being able to easily cheat with their insane total coin supplies. Bitcoin in that regard can only lose, even if it keeps going up, because if Bitcoin goes up, the entire altcoin market lifts up as well. It's Bitcoin as a single coin, versus the rest of the altcoin market, which is basically +1500 different coins. Now tell me, how fair is it to judge on Bitcoin's dominance with this information in mind? It's market share that matters, actual usage, money circulating in Bitcoin's ecosystem, and not a silly metric based market cap dominace. If this continues, Bitcoin's market cap dominance will at some point dive under 10%, and you know what that means? Nothing.

It doesn't matter anymore what people say about cloud mining, the rookies flowing into this market by large numbers don't take any advice to heart. For that reason I don't even understand why these rookies keep asking others for 'advice' since they do what they want anyway. Let people waste their time and money on cloud mining, they will have to see for themselves how bad of an investment it really is. As long as they don't know that, they won't realize how messed up and scam infested cloud mining really is. Go ahead and invest your money in hashflare, try to mine Bitcoin. Good luck!

Amazon has a service called Amazon Key, which basically is a system that opens the doors for an in-home delivery of packages. Aside from malicious intent of the delivery guy, it's a system that will likely get bypassed at some point, and the tool needed for that will then be sold to everyone interested, mostly thieves. Not in a hundred years will I allow that stuff to be installed in my house. I rather keep picking up packages at the local postal office than 'enjoying' a bit of convenience that might turn out to be nothing but a problem. In most cases people make fun of their grand parents for not being techie, or not having a smartphone and computer, but with everything that's going on, they are the only people with actual privacy. So who's laughing now?

This once again confirms that people gain confidence by how the market increases. Where smart money entered far below the $10,000 level, which is something they consider to be the best possible opportunity, others (not so smart money) start to feel the same right now. That's why it's quite important to have the market maintain the $10,000 level.

Calm down. Yes, the market is increasing, but nothing at this point justifies such levels. Don't calculate your profits already, because $10,000 is not a strong support level, where I would even like to say that at this point it isn't a support level at all. Base support levels have lost their credibility during the last correction. It hints towards a higher up movement with $11,000 as temporary peak, but it might also go down below $10,000 the next day - just let the market do what it wants to do.

This market isn't good news driven anymore like how it was back in the days. Bad news however still seems to impact the market, which is quite ironic if you think about it. At this point it's fair to say that there won't be anything bullish that the traders can hold onto based on events and happenings, so the market needs to increase without any short term indicator. Looking at how the current market is moving, it's doing better than most of the people here would have expected. I hope that the current range plays out above the $10,000 level, which should give the market more confidence overall. It must have been a massive shock for people to see the market tank all the way to $6000 not that long ago, especially for those get rich quick minded gamblers. Bitcoin was supposed to shoot up to $50,000 in one straight line, but instead, it took a straight dive to -$6000.

The higher the price is, the less hard it becomes to have the price increase further. It may sound weird, but it's a fact. The main thing is that throughout the years, the number of on-exchange coins has decreased dramatically, which heavily contributes towards a market that gains more value, and that in quite a short period of time. Institutions taking long term positions in Bitcoin, people are more willing to hold their coins for a long period of time, the altcoin market that has boomed big time, more people using Bitcoin as store of value, etc. Bitcoin's utility has never seen this much actual usage. If we take things to the next level, then funds based on actual coin supply will take even more coins out of circulation, it's pure madness. Take into consideration that the block halving is not that far away anymore, and understand for yourself how scarce Bitcoin actually is.

I'm getting sick and tired of this Bitcoin isn't issued by a central authority nonsense. Why does something always needs to be issued by a central authority? Because you pathetic beings can't take responsibility of managing your own value? Do you clowns even know what it means to actually own value instead of letting a bank 'guard' your wealth? This just shows how brainwashed most of the people in the world are by their governments and central banks. Another important fact that is being discarded here, is that if you buy Bitcoin, you always have your coins (asset value), regardless of what the price is. It's another sign that people are stuck in this fiat system. Good job in making yourself look like an idiot, Ellen!

I get you, but the far majority of the people don't care about Bitcoin's technical aspects and developments, and if they happen do at least somewhat care, it's again related to the price because it might help push the market further. We just have to accept that the volatility and the massive upwards price potential is what makes the far majority of the people interested. At the end of the day, Bitcoin offers all people what they want. If you care about its decentralization aspect, and that you don't rely a third party in between, then that's great. If you just want to invest in Bitcoin without caring about its technological aspects, then that's fine too. If you just want to use it as temporary store of value, then great! People are free to do and like what they want. Banks and governments dictate people's lives already, here they at least have the chance to choose.

It may sound harsh, but it has to be said like this. If you invest your hard earned cash or precious coins into anything of this scheme'ish nature, you deserve to lose your capital. People may not agree with me, but I don't care. If you don't have a basic sense of what's a potential scam and what not, you're mentally not capable of investing in anything. With such interest rates, one can only conclude that this scheme is going to implode at some stage, which in most cases is within a year of starting. It's almost easily to calculate forward where you can somewhat predict when it will start to implode based on previous schemes functioning as benchmark.

Correct. It will grant governments more control over people's wealth than ever before, so it's in their advantage to come up with their own crypto currency sooner than later. Imagine how governments will then be in a position where they could just freeze your balances at any time of the day, or give you an instant haircut in case they think it is justified to take that amount from you. Governmental theft and barbary will be upped to the next level that goes beyond all human rights. People are muppets and cash cows of the government already, but with their heavily centralized garbage, people will be pushed into a deeper hole of slavery. One must be stupid to participate in a system like this. Bitcoin is an easy and directly the best possible way to obtain financial freedom, and to finally actually own all your value.

You seem to ignore the developments going on with Lightning Network. The number of available nodes and open channels is increasing significantly, and that in this early 'test' stage already. If you aren't convinced, you could even try it for yourself to see how badass LN already is, and you'll understand how that will transform Bitcoin into a mainstream adoption magnet. If you aren't open to see the value in off-chain scaling, you'll never see the value in anything, and just remain acting bitter like you're doing right now. I can agree that LN won't directly make people spend their coins like there is no tomorrow, but it at least will give them the incentive they need - the fees and confirmation times won't form an obstacle anymore. The only thing left at this point is the mentality of the people that needs to change when it comes to spending their coins. It won't be easy to convince someone to spend his coins when the same coins will likely increase in value significantly later on. You can't blame people for that, but at the same time can't blame Bitcoin for that.

Bitcoin is indeed the main center of everything in today's world, but the one thing we've learned throughout the years about this market, is how quickly it adapts to various developments in the crypto scene. Aside from the fact that most altcoins nowadays have their own fiat pair, which partly takes away the need to use Bitcoin, there are exchanges having other coins functioning as base pair (ie, eth/ltc eth/dash). Litecoin for years has been considered the Silver where Bitcoin is Gold, which will likely result it in being a great backup currency. But with how Ethereum has been surpassing Litecoin in all aspects, they will have to battle for that Silver spot. Great thing is that Bitcoin won't be going anywhere, so it's easy stuff to speculate about since no one will ever be right or wrong.

USDT is safe till Tether implodes, which inevitably is going to happen at some point in the future. It's basically you exposing yourself to two major risks. Firstly, that your funds are on-exchange exposing yourself to hacks and insider theft, and secondly, you depend on Tether to keep functioning. Tether trading is like Russian roulette, which is completely unnessary, and can be easily avoided. But then again, who's going to listen to that? People keep doing what they want till it's too late to do something about it.

Governments have only influence over that what is centralized (eg, exchanges, wallet services, casinos, etc), and thus can force whatever service to abide by their rules if it's operating within their 'borders'. I must however point out that with or without regulations, your crypto holdings and profits are always taxable. If you want to use crypto "anonymously", then make sure you stay away from centralized services at all cost. In reality, only a very few will be able to firmly keep avoiding centralized services. It takes away a large portion of the convenience and usability centralized services offer you. It might even feel like you are isolating yourself a bit, but if that's what you choose for, then you will accept it. I can definitely understand it.

While I do find that people should be able to do with their CC whatever they think is justified, I personally don't care about banks hammering on CC crypto purchases. It's a futile attempt to slow down crypto adoption. I have never bought anything in my life with borrowed money, and never will. People who are looking to bypass this idiotic regulation, can just withdraw money from an ATM, have that money depositted on their bank account, and wire it to whatever exchange or service to buy Bitcoin with. It requires an extra step, but the end result is basically the same - you're still able to buy Bitcoin with borrowed money. The sole purpose of making people use credit is to put them into debt, so you as bank can charge exorbitant interest rates. If a bank is willing to sacrifice that extra potential income in an attempt to stop crypto adoption, you can for sure understand how afraid of crypto they are.

You know what's funny about all these anti Bitcoin fools? It's the fact that they can ignore Bitcoin completely if they want, but instead, they keep speaking out about how they don't like Bitcoin, how it will never work, how it's not a currency, etc. If I don't like something, I just ignore it and don't waste any of my time on it, that's how you take care of things you don't like. If you keep allocating your time to something that you don't like, it either means that you're a sore loser because you missed out, or you like it, but don't dare to openly admit that due to your background connections. But hey, people all have the right to speak out at the end of the day. I too. I want this STUPID governmental system destroyed, and the banking system too - the sooner the better.

It's a market based on supply and demand, which means that as long as there is a certain level of demand for shitcoins, and that's certainly the case, they will keep popping up, it's that simple. If there are exchanges as Yobit making it easy for everyone to get a shitcoin listed, then the shitcoin market will remain somewhat relevant, and will keep attracting noobs. The only way to properly deal with this, is to have exchanges agree with each other to not list blatant garbage coins anymore, even not for a fee. In other words, the exchanges are the main problem here, and not those who come up with copy and paste coins. It basically goes up for forks as well - the less exchanges stop listing forks, the less incentive there is for forks to pop up.

It's probably something that will only get taken care of with more regulations that exchanges have to abide by. I can't see exchanges stop with this nonsense out of themselves. Shitcoins and forks are big business, and for that reason we'll keep seeing them remain a relevant part of this market unfortunately. Free market side effects.