I see more advertisements for crypto exchanges than for Bitcoin, so I'm not sure where you see the adoption speed up here. At most, it speeds up the adoption of get rich quick noobs looking for a quick flip profit.

From a business perspective I can get why they do this, but it has little impact on Bitcoin. I also doubt how effective these advertisements are with the market falling deeper every single week.

People don't usually catch a falling knife. They wait for the price to have gone up to actually buy, because that for them is an indication that Bitcoin is doing fine again. Most of the adoption happens during a bull run, so there is that.

It depends though. I don't think there is much wrong with people buying and selling cannabis for example. It's a plant that requires little to no chemical manipulation, which can't be said about those dealing coke or heroin.

I'm really glad that in Canada and the US cannabis is less frowned upon these days, where some states have already legalized use and sales, of course within a regulated environment. It should have happened years ago already, but better late than never I guess.

I don't believe that times have changed much volatility wise. Sure, as the liquidity picks up we get less extreme price swings, but that doesn't mean we're completely out of the woods yet.

Bitcoin dropped by 20% like a week ago where Ethereum almost dropped by 30%. That's extreme volatility.... we haven't had such price movements in over a year IIRC, and we might be up for more with how bearish Bitcoin and alts look.

I don't think we'll be seeing similar daily movements, but we'll likely be trending down making lower lows. We have seen the price go up due to improved technicals this year, and the same technicals have driven the price down recently.

I think the people being sad are those who don't belong here, not long term hodl wise, and not trading wise.... shorting a bear market shouldn't be that different from longing a bull market.

Another aspect of a bear market is that it provides people a cheaper entry point, either to start off freshly, or to lower their average buying price if they bought in much higher. In other words, there are many benefits to a bear market.

As for the price going to $6k, who knows, but it will turn out to be a very important level with how it provided a lot of support last year before it broke to $3k. If it breaks again, things will turn ugly real fast.

It technically shouldn't because it's money, but the way it works economically, is that people hoard what they see go up in value as the demand for it goes up. Bitcoin and gold fit in that category.

We have a lot of crypto currencies that do no longer print any tokens, so these are basically deflationary currencies, but since there is no demand for them, they keep slowly losing value to eventually become worthless.

Believe is a very important aspect that people tend to not pay any attention to, because it's largely believe that makes money good money. Bitcoin has some catching up to do in that field.

It's pretty much the same with gold that people can't print out of thin air, and despite it is being praised as money (ignoring how inconvenient it is), the fact that it is something people hoard makes it by definition bad money.

I don't think we'll ever get to experience a Bitcoin or gold standard anymore. Money has to have the inflationary characteristic so that it isn't scarce enough to endlessly hoard, which is something fiat does right.

I rather keep hoarding Bitcoin than spending it and there isn't much that will be able to change my mind. Even if fiat as we know it implodes, the government will issue a new form of money. Bitcoin and gold will still be ignored in that case.

How is that different from what we see in the legacy market? Do you think every single brokerage firm plays by the rules? They pop up everywhere without a license and go bust just as easily as it happens with crypto exchanges.

We can choose between exchanges in crypto, which means that if you do your research, you won't be transferring any fiat to HitBTC or OKEx, but use Coinbase or Bitstamp instead.

You can't and shouldn't expect to be helped everywhere by consumers protection. If you mess up somehow, then it's your fault entirely. Even if they offer consumers protection , the main job everywhere is to not pay you out.

Analysts are only good at what they are doing when their calls are right, which obviously can't always be the case. I have seen enough of them arise and fall just because of how their luck runs out.

The only interest I have in other people's analysis is to have it work in my advantage in the way that I get to know something I didn't before, or that it makes me question my thinking in such a way that I adjust my position.

Never do I look at someone's analysis and think I'll copy it and see where it goes, regardless of their success rate in the past. I rather learn how the market works myself from scratch. The best traders did it themselves with minimal guidance.

It sounds so easy the way you put it, but you don't know beforehand if the price dumps way beyond what you expect to be a bottom, or pump way beyond what you expect to be a great peak to sell at.

Last year was where everyone was saying to buy the dip, and that dip buying started around $18k and didn't end until we finally bottomed out around the $3k mark. People have to learn not to catch a falling knife. It sucks.

People can say that in the long term the price will go back up all day long, but that bit of information isn't doing anything for you in the short term when you look at the price that's constantly decreasing.

It's an opportunity for those interested to take advantage of them. If you're not a trader and just rely on Bitcoin as a form of income, then the fluctuations aren't going to please you at all.

Also, I have had a problem once paying for something where I had to complete the payment within a 10 minute window. Transaction got stuck (my fault) and had to wait for it to confirm in order to request a refund.

After finally having received the funds back the price took a dive and I ended up losing/adding just over 5% extra in BTC just to make the same purchase. This is where volatility is a bitch.

I would like to see a stable 5G network deployment first before making any such statements. 5G nodes need to be set up within close distance from each other in order to have it function the best.

I have seen some reviews where when you're close to a node speeds can go up to 1gb/s, but when you stand behind a building like 10 meters from a node, the speeds drop far under 100mb/s, which is not good at all.

I think it has been pushed out too fast. I get that there are latency benefits over 4G, but what benefit is there when you can't utilize it everywhere? It needs years more of development to be stable enough to use.

Bakkt is a joke. I gave them the benefit of the doubt when they launched, but if you only trade 30-50BTC in 24 hours, you're a failure, especially if this volume is largely generated by Bakkt's market makers to get things going.

Another big failure is that they advertised their daily futures before they launched, where in the last couple of days, not a single daily contract has been bought. Only their monthly futures are generating some low amount of volume.

People are rightfully disappointed in Bakkt. They hyped themselves up a lot for nearly a year and delivered nothing. Maybe that if they hadn't been hyping up their platform so much people wouldn't be as disappointed....

As long as you avoid using exchanges as some sort of an online wallet provider, you will keep that freedom. The reality however is that most of the people nowadays don't have that freedom because of their confidence in exchanges.

I can somewhat understand that it's not easy to get starting in crypto with how different it is from what they are used to with banks, but they should have done that research before buying any cryptocurrency.

Banks have a proven trackrecord and generally don't screw you over, while crypto exchanges have done nothing but screw you over, where on top of that, exchanges are continuously being targeted by hackers because of the coins they store.

Binance lost most of its userbase to Kucoin? I honestly find that hard to believe.... do you have any source that confirms this user outflow? The US is a big market but they aren't the only country in the world.

Binance's volumes don't seem to have experienced much of an impact at all. It's still on top of each exchange in terms of volume. Unless they are heavily wash trading, I don't see anything pointing at a massive user outflow.

Not in a hundred years would I expect a domain to fetch that much even though it was sold as a combi deal. This makes me question my prior valuation for Roger's domain, because a lot of factors do play a role.

Cars is easy to spell, most people in the world know what a cars are, regardless of the country they come from, and it is a booming industry even with how we're shifting towards cars running on electricity. Powerful domain.

Bitcoin is exactly the same. It's easy to spell, everyone knows what you're talking about, and its industry is booming as well, and it has a lot more potential in terms of growth. $50 million might even be conservative.

People here only know how to utilize large price swings.... the moment you see the range is tightening, people will pop up complaining about how boring the market has become.

It's clear that they haven't traded any legacy assets before, because what's considered a huge price swing in gold or the stock market, makes people in crypto yawn and wait for a larger price swing to trade it. It's pathetic to be honest.

For the most impatient traders there is such a thing called leverage trading.... if you think the price swings aren't of any significance, crank up your leverage count and show how big your balls are. Don't cry when you get liquidated.

Why would anyone believe you? The people who said the same last year even 'guaranteed' fellow hodlers that the price couldn't drop below the $6k mark because that price was what miners needed to break-even.

People didn't take into consideration that Bitcoin has difficulty adjustments to make sure mining will always be brought back to levels it will be profitable again to mine. People paid more attention to fud from news outlets....

Markets can stay irrational for months or even years in some cases. Just because something has great underlying fundamentals it doesn't mean the speculative nature of the market has to respect it.

Never in the history has a domain ever sold for anywhere near that amount. Roger has to include his whole empire, and it still wouldn't fetch a billion.

It's not easy to utilize that domain. It's great and all that everyone agrees it's valuable and powerful, but that also requires a relentless businessman behind it, which Roger is. How many people similar to Roger we have in crypto?

I'm sure Coinbase would turn it into a shitcoin platform where they ask noobs to complete tasks and courses in return for $20 worth of tokens of a project nobody ever cared about.

It's not really odd if you think about how a lot of people who have been blacklisted here will be able to freely earn on cryptotalk. I'm also sure that you have to put way less effort in posting due to the loose rules over there.

Another thing is that a lot of low tier posters have no problems at all posting for 1k satoshis per post, especially with how there aren't much rules to abide by like here. It's money they are able to earn that wasn't possible before.

Care to elaborate on that statement? I don't think he has done anything illegal-- what he understands is how to utilize the grey areas within the field his multi billion dollar fund operates in.

Just because we don't necessarily agree with these tactics doesn't mean he is doing anything illegal. Similarly, the smart money perfectly knows how to not be taxed their bums off like the regular folks and businesses.

In fact, I strongly encourage the attitude of those who don't just bend over to have the governments enter dry. It's their revenue/profit, so also their right to protect it within what's legally allowed.