Very possible. The frustrating thing is, by conventional standards it'll still be an "uptrend" until we break the 2015 lows ($150). Until that time, it's all higher highs and higher lows.
I'm still inclined to bet on the trend. It's performed well over the years. The best way to approach Bitcoin IMO is to always take some cash off the table with each bubble. It'd be a shame to leave everything on the table if Bitcoin doesn't ever really catch on.
I think we've got one more big 'un left before requiring the need to start delivering an amount of actual usage, and by usage I don't mean buying coffee just going beyond pure speculation to beginning the journey to becoming a proper hedge or asset. The timing of it all sounds about right. I think at the consumer level it took 15-20 years for cell phones to penetrate most of the market. I've always thought Bitcoin would follow an adoption curve like that. That said, we've got to keep in mind how Bitcoin adds a whole new financial incentive to the idea of technology adoption (limited supply vs. increasing demand/adoption). People will always try to front-run the market and get in early. By the time it's truly delivering on all its promises, all the gains based on speculation should already be realized, more or less. More than a few People are talking about it like it's already in the bag in a way they definitely weren't in 2015. I guess we have another halving to draw on since then but that's still a bit nuts.
|
|
|
Very possible. The frustrating thing is, by conventional standards it'll still be an "uptrend" until we break the 2015 lows ($150). Until that time, it's all higher highs and higher lows.
I'm still inclined to bet on the trend. It's performed well over the years. The best way to approach Bitcoin IMO is to always take some cash off the table with each bubble. It'd be a shame to leave everything on the table if Bitcoin doesn't ever really catch on.
I think we've got one more big 'un left before requiring the need to start delivering an amount of actual usage, and by usage I don't mean buying coffee, just going beyond pure speculation to beginning the journey to becoming a proper hedge or asset. As it stands the one and only option available through mainstream investment portals is GBTC which isn't even Bitcoin. The next one is when mainstream starts to open up. Boredom until the halving and then peaking in late 2021 still feels a bit too straightforward to me though.
|
|
|
Nah. I think it's going to be a year of not much. I don't think we're done shedding price yet. Once that's dealt with it'll be sluggish well into the following year.
The bear market isn't done. You don't immediately finish one of those and immediately set off gaily in the opposite direction. It's like a party. There's a lot of moping and sleeping to do before the next one happens.
|
|
|
Although he's got my address so he might have come for me.
Now safely deleted from my PMs and since I can't remember what happened an hour ago your opsec is safe again. Even if baddies roasted me for hours I couldn't tell them a thing. Try to behave just in case as they may not believe me.
|
|
|
Funny how Mr. CZ is using this failure for his product's promotion: Store coins yourself. You fight hackers yourself, and guard from losing wallet yourself. Computer breaks, USBs gets lost.
Store on an exchange. Only use the most reputable, proven secure, exchanges.
Or move to DEX, disrupt ourselves. When Binance has been going for a century without mishap, I can pop along to their offices and they're fully regulated in my jurisdiction I might consider parking a small amount of money on there for short periods. Until then I can't believe he'd write this. Perhaps his account has been farmed out to his 5 year old little brother. I hope that overconfidence isn't extended into how they run their actual security.
|
|
|
Yuh I'm dead impressed gentlemand didn't run off to Southend with Arriemoller's £1.60 +p&p. He could have settled with a gypsy woman and rubbed crystal balls while she cackled. But no, he did a trustworthy thing that one time.
Are we certain I didn't slaughter him and now inhabit his account to make me look good? Maybe I even did that before and asked myself for the newspaper.Growing online reps are a brutal business.
|
|
|
Of course not.
It seems like $2.5 million of ETH went missing plus a few other bits and bobs. That's a drip in the ocean. Cryptopia has been a piece of shit since it was stampeded during the bubble and never recovered. No one other than the small number of people left on there will miss it.
|
|
|
I’d rather have my private keys engraved on a 12 inch metal dildo & implanted in my rectum for 23 hours a day, only taking it out to shit before putting it back in than have my bitcoin’s on any exchange.
That's another type of security risk. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FBMbwQsO.jpg&t=663&c=h2kFlZ_krQY8Aw)
|
|
|
Just an update from theymos : The copper membership price will increase by about 300% around Friday. It's time to buy now ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Has anything been written anywhere about the reasons for this? I can't imagine it's a money making measure. I also can't imagine it's going to deter the people who aren't already deterred by it.
|
|
|
He is right. Those guys from the BCash camp said they were to dump bitcoin until it reaches three-digits. Since bitmain is behind it, and they hold a lot of coins, we can expect three-digits this year.
It's not BCHABCwhatever that made that threat, it was the BCHSVCSWhatevacoin crew that did. And as Bitmain has now ably proven no one actor can bend any aspect of BTC to their will. It's too big for that now.
|
|
|
And I'm running Windows, and you should understand that not all are familiar with the UI of Linux.
I think Linux is painfully clunky shit and I'd sooner give up computing than have to use that on an every day basis. I don't understand why it has to be so crappy after all these years and I don't care either. And anyone who says 'yeah, but' is welcome to come and sit on my lap and operate it for me via my voice commands. Until then, sod off. Hey I believe not all can use separate devices for both as not all will have the luxury of extra cash, hence these people are often the soft targets.
You can get a fully functioning second hand computer for $40 or less if you're totally unfussy. Obviously that's still a lot of money in some parts of the world. If you're in a bit where it isn't consider it an investment in your own future.
|
|
|
In recent times they've had up to 100 wallets 'in maintenance'. They should've shut down, returned everyone's money and then relaunched when they were capable of delivering a service worth using.
They got swamped by new users during the bubble and have been limping ever since. This might be the fatal blow.
|
|
|
I wonder what exchange they use. Don't tell me they use finex.
Absolutely no way in hell are they using a wild crypto. The article repeatedly references 'blockchain' and nothing but.
|
|
|
Pfft. I've been around longer.
(just)
Don't pout in front of the guest.
|
|
|
It seems that you don't know how to use the coinmarketcap. You can find all the volume of any coins including market cap, price, volume and price into your desired date from the coinmarketcap tools. Check this https://coinmarketcap.com/historical/ and choose which date you want to check and you will see the list of coins with historical price and volumes. Those snapshots don't cover anything more than overall combined volumes though, not individual exchanges though I don't know whether that's important to OP. When you click on the snapshots of each exchange they take you through to today's chart. The only place you're likely to find them is on the exchange themselves in their charts, but many don't go very far back. There must be someone archiving it but I'm not sure who.
|
|
|
|