Not an early adopter(became interested in Bitcoin on late 2016). But simply by just taking a look at the past charts, you can see that bitcoin has had longer bear markets in the past(November 2013 - January 2015).
Bear markets should be measured from the first crash after ATH to the moment of breakout from the bottom. You marked November 2013 which was in a bull market right before ATH in December. We had longer bear markets but it doesn't mean anything. Every situation is different and you can't predict the future bear markets by watching the previous ones. Especially when there weren't many of them. |
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What is the purpose of this video? To spread unneeded fear of Jihan? He's not dangerous to Bitcoin. As most Chinese he wanted to start his own business and found a niche market that later exploded. How is he different from early computer industry entrepreneurs like Gates or Jobs?
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It is obvious that this guy was not just your average Bitcoin trader. He went the extra mile to evade taxes and also to hide the money that he was shifting between countries. <Mexico>  If you do this on a large scale like this, then the red flags will be raised and the authorities will come after you. I think they are not too worried about the average Bitcoin users that are using the P2P sites like Localbitcoin for the smaller transactions. <or I might be wrong and they going for the big fish first.> What say you? If it was only about taxes he'd get tax evasion charges. They're trying to put him in jail for selling Bitcoins in private which they are calling "money transmitting" even though Bitcoins aren't treated like money because according to the law there's no central government issuing them. It doesn't matter how much he was selling. If you sell a bitcoin to your friend for cash you can be arrested in this weird country. |
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Everyone can make money in proportion to their investment. If you invest 100 USD and Bitcoin goes up by 10% you will gain 10 USD. If you invest 100,000 you will get 10,000.
Rich people have the potential to earn more because your average earner won't have a million lying around.
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I got interested when I read about the crash and a long term bear market that followed. I started to watch Bitcoin, because people were saying that it's in such a long term decline that it's not going to achieve anything. When it woke up and reversed in 2016 my first thought was to try it out, buy some while it's cheap. It was a great decision. Been a holder ever since.
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10 BTC at 10k USD a piece to see a child being molested? They must be targeting some rich perverts. Even if they're using Bitcoin we can't say that Bitcoin is helping to do anything. It's an inanimate object. If a child gets hit and killed by a BMW driver, should we create threads saying "is BMW helping to kill people"? Giving inanimate objects some animate properties is a mental problem. You should seek help  |
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nice, another hyper-bullish prediction bites the dust! first tom lee, then mike novogratz, now arthur hayes. this is the kind of sentiment i wanna see. when the bulls become quiet and reserved or better yet, bearish, it bodes well for bullish market resolution. most market predictions are incorrect; plan accordingly.  He doesn't give a damn about what direction we're heading into, he just want people to lose their mind on greed and fear, because volatility is the money maker for him.
he may not care about the direction, but i'm sure he doesn't want the price to stay flat, which is what he's suggesting. bitmex's volume has been steadily falling for the last few months because of the market flatness. Note that those bulls were wrong for the whole year. They were repeating their mantra and going against the trend. Now, when they got spanked enough, they're sticking their tails between their legs and trying to for once make a good prediction, but it's too late. Bear market is coming to an end and they'll once again get spanked for being late to acknowledge it. It's funny to watch how these experienced traders are making rookie mistakes that every trading guidebook teaches you about. |
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You are all repeating like parrots after OP that it was the best year instead of taking a chart and adding the numbers. Do it and you'll see that this huge spike that took us from 5 to 20 thousand USD was nothing compared to the early years of Bitcoin. 400% or 500% gains are small for Bitcoin and other cryptocurrencies.
In 2011 you could make 2000% gains. Think about that. You could turn every dollar into 20 in 1 year! 1 million into 20 million. And people will come and say that a 10% spike is a manipulation.
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There are many gaming tokens but none have really taken off. Mobile go looks like a successful token, they are most likely to succeed due to having a large investment fund to develop from
Unfortunately. Gamecoin is pretty much dead. There were supposed to be coins accepted by Steam. Still nothing. I'd like to see an online game like an RPG that uses a cryptocurrency instead of gold coins or other game currencies. I really liked the Diablo 3 marketplace that allowed people to trade items for fiat currencies but they abandoned that project for some reason. |
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If this happens the bets are going to be on Floyd, like always. I think that Conor is a better boxer than Khabib and he definitely lost his fight with Floyd and in this match wrestling skills don't matter at all. It would be a great middle finger from Khabib to Conor if he'd win vs Floyd and achieve what Conor couldn't, but I just don't see how it could be possible. He's out of his league here.
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I hope that you realize that you're trying to create a future pattern from the previous one. It's like predicting someone's future career after reading his resume. This never works. An undefeated boxer is undefeated until he finally loses the fight. where do you get info like this in 2019 will be bad for bitcoin? this only makes people panic do you know the future?
Tooth fairy told him. |
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If you have a choice between equal assets it's wise to differentiate. For example if you are holding gold it's wise to get some silver, maybe some gold and silver coins too because they will have collectors value even when the metal loses some. In cryptocurrencies most are not equal. If you have BItcoin it's unwise to sell it to get some BCH and diversify this way. Most coins depend on Bitcoin so just hold Bitcoin.
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In my opinion it's a good idea and traders should be careful. You just could to sell your coins now, but not all and not in one moment. It would be bad for market.
Today, only those users of cryptocurrency are selling, who really need money. All other people with a sound mind prefer to keep their coins and expect stabilization of the cryptocurrency market. The problem is that OP is not telling you to sell all your crypto, but to sell useless ones. There's really no point in holding dead coins hoping that they will bounce back when Bitcoin bear market ends. Not all coins will survive this market some will have to fall. Only the strong survive  If you're holding shitcoins it's better to switch to stronger coins while you still can buy them cheap. |
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Being invisible for you doesn't mean it is a Ponzi nor it has no value. do you know even what Ponzi is!!!
It is a digital currency, you can't touch it, you can't see it.
If you can't use it doesn't mean that other people can't. Most of us use it regularly to buy goods and pay other Bitcoiners.
A payment is the transfer of an item from one party to another, and not the usage of an item. Everything that exists on Earth can be transfered from one party to another, but that doesn't render it usable. So, the fact that you regularly buy goods and pay Bitcoiners with bitcoin has nothing to do with usability of bitcoin. Usability is the capacity of an item to satisfy human needs. You don't have to be the item that holds value to be usable. A thing that makes this item safe is usable. A thing that moves it around is usable. A thing that stores it is usable. Even if the sole use of Bitcoin was to be an emergency store of value for when your country goes bankrupt or gets nuked by neighbors it would still be one. Only you don't want to acknowledge it. |
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He's right. Bitcoin is not the same as fiat currency. It is much better!
Jamie doesn't give a shit? Then why did he say that he'll fire his employees if he sees them trading Bitcoin? Later his bank was caught buying and his daughter is supposedly holding Bitcoins. A lot of coincidences for someone who doesn't give a shit.
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The ability to buy gift cards for various online stores is a huge breakthrough. There's much more. Many casinos are accepting Bitcoin, in some countries you can order food online from many different restaurants through special portals. I once read that there's a portal like that in Poland that has agreements with most restaurants in the country.
The German branch of Amazon is accepting bitcoin payments through one of their exchanges.
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I think that Bitcoin's price will go through the roof in case of a crisis. Fiat money will lose value and people will look for alternatives. Usually these alternatives were commodities but now there's a new emerging class: cryptocurrencies. We'll have to wait for the crash to happen to see what the world will do, but my gut tells me that crypto has not seen a real bubble yet.
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It is true that banks are getting involved day by day and the degree is gradually increasing. But bitcoin was never meant to replace fiat. Just like you mentioned, an independent financial asset. The co-existence of fiat and bitcoin is inevitable as well as such involvements.
Bitcoin is for all and Banks are nothing but people who run them. We can't possibly stop these people from investing. Bitcoin was created for them too, to show them that there's an alternative. If they want to buy in it's great. It means that Bitcoin has penetrated deep into the culture to reach even those most stubborn. When politicians and bankers are interested in decentralized money you know that we are winning. |
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It looks like most people agree that the genesis block is the most important date in Bitcoin's history. I wish I knew about Bitcoin when it happened. Let's hope the child goes through puberty and we'll celebrate its 20th birthday with a blast.
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I think that it will get approved anyway. This article may be spaculating without proof but bakkt is such a huge project that it will go through anyway. We don't know if it will happen in December for sure but bothe it and CBOE ETF will get approved next year, I can bet on it.
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