I have always found this to be the perfect crypto currency for deep web markets, and basically any other entity with malicious intent. In most cases people thinking that Bitcoin is anonymous lack actual understanding of the technical aspects of Bitcoin. I remember a case where a drug dealer was busted for exchanging his Bitcoins at an exchange he was verified at with all his personal information. That's pretty much one of these ignorant idiots thinking that Bitcoin offers them an ultimate form of anonymity, which isn't the case at al, so seriously, how stupid can one be. You would expect drug dealers to be very cautious with everything they do, but their ignorance has got the better of them apparantly.

Exchanges have been unstable for quite some years now, where some have had more problems with high usage peaks than others. I have always found our current exchanges to be far too incompetent on several fronts, and still think like that today. In recent times more than ever becomes clear how exchanges are having problems with increased usage. I definitely understand that we have experienced a massive amount of growth in such a short period of time, but you as exchange can't always keep using the same excuses endlessly. In some cases exchanges have had plenty enough time to upgrade their servers and trade engines, but it still seems that they haven't done anything other than just mildly increasing their server capabilities. They are generating more trading fee income than ever before with these volumes, but yet they are acting like complete cheapskates looking to cut on costs everywhere.

No. That's how noobs think about this market. If you know what Bitcoin is capable of, how tiny the current adoption level is, you'll understand that current price levels are nothing more than peanuts. Short term fluctuations are common, and have been here for years, so there is nothing to worry about, and especially not when you are just a long term holder. Why do you think that people have been holding for such a long period of time? There are people having held their 2011 coins firmly all the way till today. It's understanding of Bitcoin and pure dedication. Goal is the long term, and not just some lousy quick profits the majority of the people here are chasing after.

Visa can talk as much as it wants, but if Bitcoin actually starts snooping from its market share at whatever point in time, they will definitely lower their tone and jump into Bitcoin. Visa is nothing more than a muppet being controlled by its share holders, and if they believe it's time to take a dive into the Bitcoin waters, Visa definitely will. Crypto in its entirety is a new asset class that will be worth trillions and trillions, where I even believe that it will surpass Gold's market cap. If one of their competitors makes the first move to incorporate Bitcoin, others will follow. It's just a matter of time - resistance is pointless. The more of these centralized giants start utilizing Bitcoin, the more use Bitcoin will enjoy, which will contribute to more growth than ever before.

What a nonsense. It's funny how people constantly try to look at the market and predict that this or that is needed for a further increase, while they in reality have no clue about what actually will happen. Do you seriously think that panic buyers and sellers look at the technical aspects to see what might or might not be the case? It just requires an unexpected trigger from one or more large players to either initiate a heavy upward or downward movement. If I look at the majority of articles similar to this one, then they nearly all have been far off.

Finally an answer that makes sense. Different people means different needs and use cases, so Bitcoin as multifunctional tool can be used in ANY way people think it helps them to get something done. The name (e.g currency, asset, investment, store of value) itself doesn't matter, the actual usage of Bitcoin matters here. The more ways in which Bitcoin can be used, the more utility it has, and thus the more valuable it becomes. To add even more, people will never agree on what category Bitcoin should fit in. One thinks it's a currency, and the other completely disagrees with that and believes it's something else, and so forth. Instead of talking about what Bitcoin is or isn't (which people will never agree on), just use it and stop talking.

Patience is definitely an important factor, but the main thing with trading is that you have to adapt to each and every situation that comes your way. In the crypto world, situations can turn either bullish or bearish in an instant, and while patience in most cases is very important, it can also turn out to be a limiting factor. In some cases you just have to accept your loss on a certain trade, and move on to adjust your next trade to the market at that specific moment. I rather inentionally lose on one trade and adjust my next trade, than waiting for something that might not come anymore, especially in a market like we have experienced in the last weeks/months. Time = money.

You are far too fiat centric, which to a certain extent is understandable right now, but there might at some point be a time where people don't calculate in fiat terms anymore, but just in satoshis. At that point fiat will be tied to Bitcoin, and not vice versa. Bitcoin is a completely new asset class with the potential of surpassing the current major traditional assets. And yes, it may never turn out to happen, but at least it's something that I will be happily looking forward to. Bitcoin for me isn't just a an investment tool, it's a whole new road to freedom.

Bittrex taking just five days of waiting is pretty much a very decent achievement. There are people waiting for weeks to hear anything back from Bittrex regarding their verification request, and in some extreme cases it takes even longer. I don't know how Bittrex is prioritizing their verification requests, but something is definitely wrong when one person needs to wait a few weeks, and the other just needs five days to get things done. I some times even think that they are prioritizing verification requests based on the location, which is a pretty bad way of doing business. It would basically mean that people from less wealthy economies have a lower priority than those who come from Western Europe for example. Mind telling where you come from?

Speculation based on absolutely nothing but hot air. If you seriously believe that this is the case, then why are you not buying exposure and short Bitcoin with futures? If you are confident in yourself that the market will fall back that much, then this basically is free money for you with no risk attached to it. If Bitcoin does what you think it will do, then you'll be banking big time. People have been spoiled too much with the increase of last year. If we right now would reach $3000 as all time high, the entire market would be extremely happy with that achievement. But now we have gone down to current levels of just over $11,000, people start talking about a bear market.

Nothing is set in stone yet, but it's at least good to hear something different for once. I am not at all against regulations, and even believe that as long as they are fair, they will be a major help for Bitcoin to reach further adoption. I find it funny that the traditional market shills always directly talk about governments regulating Bitcoin to death, but they clearly miss the bigger picture here, and that's the fact that there is enough place for another asset class. People for once need to distance themselves from the thought that if something isn't issued by the government, that it is a scam or fraud by default. And then we have also those idiots saying that Bitcoin isn't backed and insured by the central bank...... Please, just f off already.

No one should take anything coming from that bank serious anymore. It was well known that their first 'Bitcoin was a fraud' message was nothing more than Jamie Dimon abusing his position, and this is basically a similar attempt, but in a milder form. One day Bitcoin will get banned by governments, and the next day they believe it's good that Bitcoin is experiencing a wider field of adoption. Nice one. If JPMorgan played it a bit smarter, they could have reached a far better result than so obviously hammering down on Bitcoin, and then speak of it in a more positive tone afterwards - people easily look through this.

What's the problem? People make decisions based on specific situations and time frames, and as you know, situations and sentiment can change in an instant here. As bad as the market may look right now, we can be up for an increase again tomorrow, or perhaps even later today. This correction attracts capital, and this capital will soon be ready to flow into this market. And to add; people will not continue to keep selling as they will soon realize that it's just a stupid practice.

I was talking about profit and losses on paper, and not about paper money. Profit or losses on paper occur when you buy 1BTC at a certain price, and you'll see an increase or decline afterwards. In reality you haven't lost or gained anything because you still have your 1BTC, but if you purely look at the value aspect, it is then considered to be an on paper result.

Reliability of an exchange is something that can be talked about when it has been running for quite some years. This new kid on the block is definitely growing nicely, and pushes through very high volumes, but that's just a short term performance. I want to see how they deal with everything once they managed to settle well in this market, and whether or not they go through difficult times later on. There are plenty of new exchanges popping up, and they all seem to be attracting the more noobish audience that doesn't seem to care about the real underlying capabilities and potential dangers of these newer exchanges. Every exchange will face difficult times, and their way of handling everything will be something to very carefully look at. It can make or break an exchange.

May be, but if you don't buy, you'll never benefit from these lower levels. The main point is that people are focusing on increasing their coin quantity, and as long as you have managed to sell near peak levels, or even around $13,000/$14,000 a few days ago, you have successfully managed to contribute towards your goal. If you don't pull the trigger, you'll either risk having missed out on a great buying opportunity, or you'll see that it was indeed a good move to wait a bit longer. But then again, those who end up waiting longer, always end up waiting longer regardless of how much the price has gone down further, so there is no real benefit for them at all. Strike on the right moment while you can, that's the most important thing.

It's impossible to say anything of value in times where panic is the leading factor. It might either jump back up, or go down further. Imagine how those must feel having bought near the peak levels of last year with mortgage capital that they have taken out solely for investment purposes. Funny thing is that people were complaining about the price not moving up much further beyond $14,000 in the last few days, and now they have this to swallow through. Some sort of stability within a certain range is always better than having the price go down, isn't it people? It's probably the long waited for correction that people didn't believe in anymore due to it taking so long to kick in, but here we finally have it.

Yep. In this case they should only be focusing on serving their country, and not have themselves be distracted by potential losses and whatnot that trading often results in. I however don't really see the importance of this article in the way it's being portrayed. It's like they want to make it seem worse than it in reality is, and for what? That's right, ad revenue. I wonder how the mainstream media will bring this news forward, more likely in the way of; After more Asian restrictions by their governments, now even South Korean soldiers aren't allowed to visit crypto trading platforms anymore. It's starting to look very bad for all crypto enthusiasts.

Indeed. It's pathetic how even larger Youtubers have been shilling for Bitconnect, and that consistently for quite a long period of time. It's mind boggling that people are willing to show support for an obvious scheme with their face on video. It's one thing that you make a voice over based video promoting something, but it goes to the next level of being extremely stupid if you do that with your face on video.

I don't feel like that. It may shound harsh, but the losses these people have had to swallow are their fault, and for that reason I don't feel sorry for them. If you are investing in an obvious scheme, where I noticed that some people were doing so even while knowing that it was a scheme, you deserve to lose. These people don't deserve respect, nor should anyone feel sorry for them.

The more utility Bitcoin has, the more useful and valuable it becomes, so yes, these services are quite helpful and contributing to Bitcoin's overall growth. People should just forget about this or that goes against crypto. Nothing goes against crypto, mainly because of the fact that it's just a convenience based service, that again, contributes to more utility for Bitcoin.

You are absolutely right. Nothing justifies paying such fees for day to day needs. People go for that what's convenient, cheap, and the fastest, and Bitcoin at this point doesn't fit in that category. Fiat related payment infrastructure is still the leader, and this will likely not change if we haven't Lightning Network to at least reduce the massive gap.

Holding is always the best option. I have been holding for years, and the peak to nearly $20,000 made my holdings worth more than ever before, but it's nothing more than a profit on paper. In the same way, you have just a loss on paper. If you have been following the market for a while, and see how profitable these movements are, try to trade the market. One stash is purely for holding purposes (you don't touch these coins for a very long time), and one stash purely for trading purposes. These insanely volatile days allow you to take advantage of these money making opportunities, but you have to understand what you are doing, and have to be willing to trade against the volatility. If you're not a trader, then just keep holding and use these lower levels to accumulate (if you have free capital).