People here have become overly sensitive to anything they see and read through. I honestly believe that not many people outside the few so called perma bulls here see things as negative.

I'm sure that most of the people here who continuously complain about all sorts of things don't do anything themselves for Bitcoin. I'm glad we get these initiatives where Bitcoin is being given exposure. Respect.

Lets appreciate what is already happening instead of being so judgemental. They are doing way more work making sure that Bitcoin is being seen than most people here combined have done in years.

I don't think they necessarily hinder crypto adoption. People tend to overestimate how much demand there is for actual use of crypto, while in reality not many people actually need it as alternative payment tool.

Most people are here solely for the price action, which is why there only seems to be interest in crypto as long as the price goes up.... just wait for one or even two years of sideways price action, I'm sure people will get bored and leave.

The financial system in most developed countries is actually pretty solid in terms of convenience and usability. Who's going to censor your grocery payments? I personally never had any problems at all.

I'm fairly confident in some sort of a rally, but the thing is that what price level will we start at, and where will we peak out. I mean, we could also rally from $5k to $8k and then fall back down (just an example calm down).

In most cases, Bitcoin tends to go up a lot within a short period of time, while after that there could be a very long cycle of sideways consolidation. I think we've had the gains for this year and no longer break the $10k mark.

Of course, that's a very unpopular opinion, but what do people expect with the price hovering under the 200DMA. By definition, that's more bearish than bullish, so don't expect anything until we close above it.

We already have that with Bitcoin. I don't think we need much more than decentralized money. I honestly believe that decentralization has been taken out of context due to how people expect it to be a wonder pill to solve all problems.

If we put the focus on every day tasks that can be improved in terms of efficiency, we only need to have businesses use smart databases and push the cost gains to the people too.

I seriously hope that we will get the cost of service to go down, but if they don't socialize the benfits in terms of cost too, we will continue to pay up for the fees we are charged, while the businesses maximize their profits.

Isn't the whole purpose of a bot to trade automatically? Not sure what bot trades manually? Manually means it would require human input, which then makes it kinda obsolete because you can trade manually yourself.

Volume is just one metric to look at when trading, not something that should be the fundamentals at which your bot's strategy is based on, especially with how volumes nowadays are easily faked on most exchanges.

Also, if enough bots use volume as basis, it provides an easy point of failure because whales can simply play with them and usurp every single penny the bot has to trade with. I wonder how much success OP had so far.

Users have nothing to demand. If you're not happy with certain offers per post or per x number of posts, then simply don't join.... be happy that you can earn money whilst posting on this forum.

People treat signature campaigns as an actual job, while in reality it's just a forum perk. OPs offer isn't unreasonable at all depending on his conditions, which he should have specified for better overall understanding.

Domains like that and blockchain.com were going for $200-$300k when this whole space was nothing but a fart many years ago---blockchain as we know it today wasn't even a thing back then.

If $200-$300k was paid without there being much of a market for it back then, how much do you think (think logically) these domains are worth today with how this space in general has grown x1000?

If that wasn't enough info, a lot of these domains were paid for largely in Bitcoin.... you can imagine how many coins were needed to acquire these domains with how low Bitcoin's value was.

It's just the convenience that makes this a better option to some people.... the fact that they have your bank account details is already enough to know who they are dealing with. I hope people don't assume they are private or something.

For years I have been using a local service that only needs your bank account details to allow you to buy/sell thousands of euros worth of Bitcoin on a daily basis. Nothing really new to me or other Europeans dealing with euros.

The best way to stand up against scam projects is to warn people and tell them to not invest, which you just did. Good. Next step is to stop using the exchanges that offers scam projects a platform to dump their scam coins.

It's important to understand that these scams get listed because there is demand for them, all because there are greedy bastards out there not caring enough to research the stuff they invest in.

The thing with these platforms is that they don't list utter garbage projects, which is why people sign up to the most scummy exchanges to trade them. Tradesatoshi fits in that category as well so it's not a surprise they pulled this off.

It's just a few million on a weekly basis, definitely not something to cheer about. It reminds me of people pointing at Venezuela where the volumes were said to be increasing, while in dollar terms they did not.

Sure, HKD isn't subject to a similar rate of inflation, but what is similar, is that the volumes despite reaching new highs are peanuts compared to western USD volumes. It's almost pointless to even compare if you think about it.

On a more positive note, people in Hong Kong are trading on exchanges such as Binance too, where I am sure that the volumes generated there are orders of magnitude higher in dollar terms.

It's not necessarily that your opinion is unpopular, or that you can't question certain things, but the way it was understood by people (due to your wording) is the actual problem.

True. If you worded it like that I'm sure your previous statement wouldn't have backfired on you.

If enough people believe that it will help increase the odds of another fomo run. It's called fomo for a reason, which means that people have been holding back thinking the price wouldn't go up, but when they see it does they enter the ship.

Did anyone here expect the price to reach $14k this year? No. People were busy discussing scenarios where a retest of the $800 level was an option too. They sold hoping to buy that bottom. Instead, they bought well above their selling price.

I doubt any of these provide useful information that you can put to work either to trade against or to prove a point. CNBC thus far has been proven to be a better counter indicator, especially when they get overly bearish or bullish.

The sheer number of bots and mentally retarded individuals in crypto land with too much time on their hands ruin things too. This space by far isn't as crowded as it appears to be when you browse through social media.

Overall, the sentiment should be quite neutral where we are today, and rock bottom when we got that scare last year to the $3k mark. If there was a time to panic, then that would definitely be it.

I'm not sure if they will actually threaten exchanges to be shut down because they do operate globally, but I'm sure they can come up with something like taking away their licenses or having some of their bank accounts be closed.

If you bully exchanges long enough, they'll lose so much in revenue and profit that they don't have much of a choice to cooperate. I would just recommend people to pay their taxes because you'll be busted eventually anyway.

You are not private. It's stupid to think that you can get away with not declaring the gains you make on an exchange, especially when you're using Coinbase. It sucks to do so initially, but it saves you a lot of money in the long run.

He nails it though. I wouldn't see fiat being a problem at all if the monetary system wasn't as toxic due to rogue governments. In other words, the tool isn't the problem, just the one issuing it irresponsibly.

Fiat is the most convenient and efficient form of money. Bitcoin and other crypto currencies are nothing but a wet dream of people to replace fiat in the future. Right now they are horrible forms of money, and that is almost every aspect.

Another thing is that people don't want to spend something that appreciates in value, which applies to Bitcoin and gold. Fiat on the other hand is something we are incentivized to spend due to inflation.

Based on what I have seen so far, and the explanation of the workings of Libra, it doesn't seem to be a blockchain at all, but something similar to how EOS works, but then orders of magnitude more centralized and closed.

Libra will not be available to those from countries Facebook (or any of its subsidiaries) isn't allowed to operate in. In other words, whole countries are being censored by Facebook and a bunch of moronic laws.

You can't censor anyone from utilizing Bitcoin. This is the first and only example where blockchain is actually doing its work as intended, but without the hype. I'm not looking forward to Libra at all. More centralization isn't what we need.

Wash trading means generating non organic volume, which is either done by someone with one account buying and selling into his own orders, or someone using multiple accounts to buy and sell into his own orders.

Some exchanges reward people for generating (organic) volume, and an easy way for people to cheat is to wash trade. It has become so common nowadays that exchanges even do it themselves to rank up on sites like Coinmarketcap.

Tax evasion is more common than people think, and those who usually blame others for evading taxes, do the exact same thing without realizing, or they are just a bunch of hypocrites and only point at the wrongdoing of others.

The very fact that a large group of people talking about tax evasion and consider it a crime is already quite shocking, because all it technically is, is self protection.... protection against criminals who want to steal your money by force.

I'm obviously skeptical too, but we can't rule out any of these claims either. I'm trying to find the conversation on Twitter where I read the complaints but without success. My browser deletes history upon exit. I'll keep searching.

Maybe that Carlton Banks can hop in to shed light on this matter as he is much closer to the workings and progress on the side of the developers, but I'm not sure if he's going to do so because it might feed the skeptics and haters.

It's important to choose your words wisely, because there is no other way to decipher what you wrote. Not the first time though....

It only defeats the purpose of Bitcoin if that's something you value but go against it anyway by using such a service. If you're here for the profits alone as trader, then it shouldn't be something to worry about for you.

It's important to understand that we have a choice to either use or not use these services, and as long as that is the case, I don't see it being a problem.... some services do add a lot of utility when it comes to trading and lending.

At the end of the day, it's nearly impossible to not deal with a centralized party.... you're either buying or selling on an exchange, day trading, lending, etc. As long as you don't keep your coins on an exchange when you're done it's fine.