Pay fair wages in secure jobs. Make property affordable.

Since the powers that be have no interest in that, and indeed they're actively incentivised to reduce wages, decrease security and make a roof less affordable, then the decline is inevitable.

They'll eventually pay a massive price for that, and they're starting to now with all the political upheaval, but the people who are doing it now will be dead or counting their money by then so they won't care.

I don't think it's going to make many inroads into that until the need to move in and out of fiat is reduced.

Crypto/fiat interactions are pretty much the only stick governments have to wield and they're going to get ever more uptight about it, way more so than conventional banking. If a bank or broker asked for the shit Bitstamp do they'd be publicly shamed.

No one will want to put their child slavery profits into BTC if they find it's effectively trapped in there with no way of converting it.

It's never clear until it's firmly in the rear view mirror which is why so many people miss it and finish up bitter and broken.

All anyone can say is that 80% down is a better deal than 50% down if you believe it'll go back up again.

2-3 months isn't enough time to be certain about anything. The $6-6500 range stuck around long enough for people to get comfortable and then it absolutely shat straight through it.

Can you point us to some actual examples?

It looks far more to me like natural cycles of psychology playing out that can't be turned by news. It does count on occasion for flash crashes and so on. They don't break trends though.

A lot of the time that's because they're less secure and less stressed.

I'd be more inclined to buy into all of these claims once they'd been maxed out for months without buckling while countless vultures circled. They may look rather less convincing then.

And you can't really get any faster than a lightning network. The question is how usable it's going to be and how many people use it.

I'm assuming the report is pointing towards exchanges themselves doing the wash trading to justify their listing fees and look cool, but that's not totally clear.

On Bithumb at present Bitcoin Gold has 15x more volume against the Won than, er, Bitcoin. Then again Korean traders are stupid and mindless and would trade an old lady's lump of phlegm if it was placed in front of them. Even so that makes little sense.

People always seem to forget the bit between the end of the bear market and the start of any bullishness. That may well be the longest most dispiriting period. And that's when most people give up or businesses go bust as interest dwindles massively.

The downward slope is always filled with delusion and hope. We've had a million bottoms called which means people were still paying close attention. Once they drift away it'll mean the cycle is complete and then it's no man's land until it picks up again

The trend is way more important than the news. If things are dying as they are now no amount of 'good' news will turn something around. When things are explosive news is an excuse to be more explosive, not the cause.

The only news really worth paying attention to is bad news for short term moves. People are so twitchy they'll crater themselves. Then it's back to whatever the trend is.

I don't really understand why any stablecoin is listed on there. They should have a separate section for people who are interested in their circulation and volumes. I regard them as centralised utilities in the main.

You jammy git. I started just before the late 2013 bubble and was all out of money by early/mid 2014 or so so was in for a long wait before it got back in the black. Anyone who arrived after the start of 2015 has basically had a dream ride up towards heaven even to this point, massively more so if they'd gotten into certain alts too.

The amount of people who successfully buy the absolute bottom approximates the number who sell the absolute top - perhaps 0.00001% of people who've ever traded.

People who settle on a price that is good enough do better than those who wait forever and get left behind convinced their target will eventually hit. We see that here constantly.

Yes. I sat through the entire previous one.

I don't remember any feeling that 'yes, this is now over'. Life returned in a fairly subtle manner.

The really disheartening bit, the utterly dead sideways section after the ultimate low, hasn't occurred yet and that's the one that'll test you. Right now traders can make plenty of money going down. When that's gone things will seem stunningly dull.

Of course the deadest section isn't a bear market. It's a non market.

The one difference compared to the previous one is that in 2014/15 it still felt possible that BTC would dwindle to nothing out of sheer disinterest. I don't believe that's the case any more.

Long running thread here - https://bitcointalk.org/index.php?topic=5063475.0

As you say all the 'sources' are either hopelessly compromised from the off or are solitary Twitter accounts with absolutely nothing to back their conjecture up.

It's really amazing how rapidly the list turns into absolute shit, even the top 20. It's like literally nothing has been learnt, and it hasn't.

Of that list I can't see EOS lasting. All it has is its wash trading. Other than that it seems like a shit and broken database. And I truly hope the Bcashes bugger off but that's doubtful.

I will vote for NEM returning to the top 10 even though I'm biased. It's ticking away. It works. It's funded. It's been top 5 in the past. New upgrades are on the way and new leadership is in place.

XMR has more virtues than coins currently above it too.

If we return to total deadness anything built on hype is going to fade badly. What'll be left is the solid old stagers that didn't promise the world. They just chose to keep on chugging.

By then I hope to be on an island somewhere with software that blocks all media coverage installed in my mind, or eyes. I'll leave the rest of the world to get on with eating itself while I rock back and forth watching the water lapping the rocks.

That's contingent on BTC staying alive and successful. If it isn't then I'll be selling my saggy, fuzzy old behind for a quid a ride underneath a railway bridge somewhere.

By the time I'm proper old I'll be amazed if there's a state pension of any sort. It's a ponzi and one that's running out of steam.

Brazil is the one to watch regarding this. Their pension system is staggeringly generous and I've no idea how they'll keep that going for ten more years, let alone beyond - https://www.nytimes.com/2018/02/25/world/americas/brazil-pension-michel-temer.html

That's a bit selfish of us. Everything possible should be done to resist them. I don't think enough people can be bothered to think through the implications. Even in 'free' countries people are fucked by their credit scores. When someone can trace every penny of your expenditure things will get a whole lot more alarming.

And every other dunderhead poster here thinks the same thing. The number of threads that mention 'bankcoin will KILL Bitcoin' when all it will be is an infintely more toxic version of what there is already.

Combine China's social credit with this and they will have an absolute stranglehold over every conceivable aspect of everyone's lives. The 'enemies of the state' will find life totally unliveable.

In this scenario BTC would be a potential out, but even then if all the economy is Chinacoin and any traceable interaction between that and BTC happens then there goes the social rating of anyone who touches that too. It's going to be nightmarish and it's only just warming up.

That 'Samsung stores accepting crypto' tale was a few franchises in Estonia or something that got told to shut up about it pretty rapidly. As ever it was nothing to do with Samsung themselves.

What is undeniable is Samsung's entry into ASIC chip manufacture. However that's not going to have much to do with their belief in crypto, rather their belief in getting paid to do a job for someone.

This whole thing exists because it's a group effort. That works both ways. It stops the shit from being injected. It allows the best improvements to be integrated provided there's enough agreement. It also allows life saving fixes when they are unearthed.

If it could be 'locked' then no one would touch it. That implies control and centralisation, exactly not what people are looking for.

You're better off moving it to the collectibles section here - https://bitcointalk.org/index.php?board=217.0

Plus adding photos with your username and whether you're willing to use escrow services. Most people won't touch a sale without it.