Noobs don't look at the market like that. If they see red, it means that they have sell as soon as possible, and stay away from the market. If they see green, they start to gain confidence in the market and in Bitcoin itself, where they then tend to wait a bit longer, probably to gain more confidence, where they at the last point finally pull the trigger, which more often than not is near peak levels. It's the well known buy high sell low noob cycle. If you remain ignorant and don't do anything to gain more actual knowledge about Bitcoin and its market, and thus don't see where you go wrong with your decisions, it will be an endless and very costly noob cycle for you. In other words, weak hands always return.

His physique shows that taking in a lot fiat makes you full (literally in his case) in quantity, but has zero nutritious value due to how fiat is losing purchasing power. These articles once again make you feel like a happy Bitcoin holder, especially because of the fact that we as holders move forward, while the rest of the average joe sheeps remain stuck in this on debt based system. I can't wait for the day where people are desperately looking to convert their shitty fiat into Bitcoin, but no one is willing to accept fiat because of how worthless it is.

Bitcoin has been far more powerful as tool than Gold for years now. The only advantage Gold has over Bitcoin is its physical form. In terms of the open market, Bitcoin has a lot to learn and catching up to do. Gold is one of the most liquid markets in the world, where Bitcoin is probably one of the very few markets with the least available liquidity, and this needs to change. It'something this market has been dealing with for years now, and it has improved a tiny bit throughout the years, but that's not enough, especially if you want to diminish the heavy volatility. Considering that professional capital has other ways of entering, it will probably take a long while before the level of liquidity improves significantly.

$1 trillion dollar market cap isn't anything special to be honest. If we look at the total market value of developed assets, $1 trillion for crypto is still nothing more than a joke. This directly indicates how much potential this entire market has, and with a better overall regulated market allowing professional parties to get involved, we might even make the once so 'invincible' considered Gold look like crypto's little brother. It will then be interesting to see how governments will respond to that, taking into consideration that they are major Gold holders. I haven't cashed anything out to my bank account in ages now, and will definitely not do so in the forthcoming years. I like how my wealth in Bitcoin keeps growing, while people's fiat wealth is losing purchasing power with the day. 

Yup. We have seen plenty of forks already, and they all tried to mimic BCash's 'success', but miserably failed. The only ever split coin that would likely experience a similar level of success would be S2X, but it got cancelled, which was the only right option. People just need to understand that there being a hundred different sorts of Bitcoin forks, doesn't mean that there are hundreds different sorts of Bitcoins. Once a chain split gets initiated, the fork chain from that point is just an altcoin. It's getting a bit annoying to see how people after all these years still don't know how things work here. It's not like it's too complicated to figure it out for yourself, it just requires a basic level of understanding. Legacy chain, Bitcoin. All other chains, altcoins. Simple.

While an ETF would definitely be a positive addition, it won't do much. All these futures and whatever instruments where entities can buy exposure is good for those who are buying them, but not so much for this market at all. I have seen someone a day or two ago point out that we need Bitcoin tied instruments that are backed by actual coin supply, and that's indeed pretty much the only way these instruments will really start to impact the market positively. If these instruments at whatever point in time will get an approval, it will make sure the market has something to hold on to. Till that time, I'm cooled down with all these futures and ETF's. I rather see Lightning Network be in full working order with a minimum of 50% ecosystem adoption.

It's pointless to tag anyone with your account since 1) you are red painted yourself, so people will add less value to your opinion, and 2) most importantly, you aren't able to make accounts pretty much worthless due you not being a DT member. Campaigns don't allow users with red paint coming from DT members of any level, so with your paint on they will still be able to continue, technically speaking. Create your own thread, provide sufficient proof, and ask for the opinion of DT members, and they will then follow with action if they think it's justified. In most cases, the various DT members actively tagging people buying and selling accounts are much faster than you can blink with your eye.

It seems to be a desperate attempt to make yourself gain a bit of credit because of how red painted your account is.

At current levels converting stock value into Bitcoin value is quite a smart move, but I don't know how many people will actually end up doing so. In that regard, I am very curious to find out what your source is for people saying that they are selling stocks for Bitcoin. Institutions are the first entities to exit the market causing the price to tank hard (in stock market terms), where after that the the less smart money follows. I am more interested in finding out what institutions will do with the fresh liquid capital they have control over right now. Gold this year remained fairly strong value wise, where it even managed to increase very conservatively, and still maintains a plus for this year.

It's not McAfee giving you hope, but the charts indicating that the long term market is always up! This is something that basically any noob (not implying you are) can find out for himself. People think that McAfee is some sort of a Guru, but he is nothing more than an eccentric troll with too much money and free time. He is also a manipulator pointing at shitcoins on social media hoping that desperate ballers end up buying so he can dump his stash on them. Just do your own research instead of paying attention to people like McAfee who only look to nurse their own ego and greed.

That's pretty much a retarded form of logic. It doesn't cost much effort to set up a desktop based client, or a hardware wallet offering multi coin support. In case of Bitcoin you can even use one of the the more popular mobile wallet clients where you actually own your private key. Poloniex is an exchange, and not an online wallet service. It's purely meant to have your coins there for trading purposes, where once you're done trading, you simply withdraw all your digital assets. Don't complain when the exchange stays offline for a couple of days, or takes a run with your coins - accept your fate. No private key means no control over your funds, it's that simple.

The point is that with weak hands selling their coins like there is no tomorrow, the cost of mining has no meaning for the time being. Miners could support the price, but at what cost? It's a very important decision that they have to make, because they can continue supporting the price without any effect due to how people keep dumping the price down, or they use these funds to function as buffer till the market climbs back up again. I personally find the latter option more realistic. With how the price has been peaking at near $20,000 levels, they have made themselves a tremendous amount of money, where we also don't have to forget the massive fees they have earned due to how congested the network was. The price will bounce back up once the panic amongst noobs calms down. People act like this is going to be the end, while we last year were hovering around the $1000 level. 

It's a cheap kwukduck imposter. I only want the real kwukduck, not a noob thinking to be cool using his wording.

I managed to enter at slightly over $6100 which I am quite happy with. I am done with buying for now, unless we go down to very low $5000's. It's quite interesting to see how the market has been tanking day after day, and that while there isn't any reason to do so. Correction is all good, and it was clear that the market was heavily overbought at the time it peaked last year, but where the market exaggerates by reaching peaks it shouldn't reach, it also does so in regards to the bottom. In that regard, I am fairly sure (for what it's worth in current market) that the market is oversold at this point, and that it won't go down much further. Once people start realizing that too, we'll be up for $8000 at highest temporary point. There may still be a 10-15% downward potential, but it's pointless to risk waiting for something that might not even happen, so buying now is the best option.

Catchy title again. Title should be -> Korean exchange halts crypto trading due to its incompetence.

If you can't get your shit together, then it's logical and the only legal option to halt your operations till you sort it out, because otherwise you're basically operating on illegal ground. This incompetence again leads to user damage because there is no way for people to buy or sell in a market being as heavily active as it is right now. I definitely understand that the higher demand and quickly changing laws are quite hard to catch up on in some cases, but if you run an exchange where you are supposed to serve the users, at least try to do your best in making them not experience any problems. Seriously, shame on the shitty centralized exchanges of current times.

It's nothing really new or unexpected. If China is planning to crack down on everything crypto related within its own country, they will obviously also focus on everything outside of China accessible via the internet. China at all cost is looking to prevent outflow of capital, and to achieve that, they'll just overuse the banhammer. It also shouldn't be new or unexpected considering the timing of when all these articles and statements are being released. It's a global attempt to get the price to tank deeper and deeper, and thus far it seems to work. Bitstamp and GDAX both couldn't hold their price above the $6000 level, while BitTether on the other hand managed to hold the $6000 level.

I hope so too, because the actual need for something like Tether is completely gone once the exchange in question has actual USD trading available. I am however not that confident in Bittrex to ditch Tether since it allows them to generate a decent sum of income due to the people not being able to trade with actual fiat. Cutting off Tether entirely will mean that a fairly large group of users will have no other option than to move their 'business' elsewhere. It's great that Bittrex will allow people to deposit actual USD, but it's what every exchange should be doing. People see it as a great step forward because of how exchanges were relying on Tether to fill up the gap left there due to the absence of actual USD pairs. It's ok news.

With justifiable price I am referring to a steady form of growth that is based on worthy developments, which Segwit is one of, and the fact that more capital is being pumped into this ecosystem, and also the fact that people buy it as store of value. It's all part of Bitcoin's utility. I agree that the actual usage is lacking, but that doesn't make the speculative aspect not be an important aspect.

It again comes down to the point that the market is adjusting itself to the justifiable levels I am talking about. It won't get dumped down bad, but at the same time there is not a price you can point at as being that justifiable price - the market will adjust itself to such levels, and what the final bottom will be is something we will find out after we have started to go up again. You may not agree with it, but that's not my problem. To add; orderbooks of exchanges have always been lacking liquidity, so a serious group of whales will not have any problem one-shotting a certain exchange to double digits or in an extreme case single digits, but it will cost them badly.

Same here. People just come up with all sorts of ridiculous predictions, and that while they haven't got a clue about what state the market is in, and what actually needs to be done to reach such levels. I am personally a bit more 'conservative' than others with my $50,000 before the next block halving predition. With LN fully active on the main net to stimulate actual usage and thus greater adoption, and with financial instruments where actual coin supply gets taken out of circulation instead of those rubbish futures, we should be in a pretty decent position to smash through $50,000 before the next block halving. It also gives all centralized players in this ecosystem enough time to get their shit together, because as it is right now, all exchanges are crippled to the core, which is very sad to see.

How can you be worried? I still have some early 2013 that still haven't moved from the moment I withdrew them to my cold wallet. I haven't even got any incentive to move them in order to dump the BCash tied to that private key. Now you are worried, but what if we today would reach $5000 as an all time high? You would be extremely happy. It's just that the market has gone up too much, in an extremely short period of time. Accept the fact that this market just wasn't ready for such an upwards movement, and let it settle at whatever levels it's going to settle at. Whether you worry or not, nothing will change that situation. I know we have gone down more than 50% from the peak in December, but try to sit it out - we'll recover for sure, it just might take some time.

The point is that Bitcoin will improve, which is what MadGamer said, and I agree with that. In case it didn't improve (which is purely meant to be an example), MadGamer again rightly said that Ethereum and all other coins would become useless too by that logic. Don't take someone's post out of context, there is no need for that - read and acknowledge. Bitcoin has the first mover advantage, the most money circulating in its ecosystem, and the most secure and stable network. And don't look at market caps to think that Bitcoin is being surpassed by altcoins - market cap is a noob metric. Altcoins have their insane total supply to artificially boost their market cap. To add; Ripple and a few other altcoins have already surpassed Bitcoin's market cap, and that more than once.