The point is that you don't need to sell all your coins at once. If you think the time is right to cash out profits, then it should be done with steps in the range of 10% per time. Let's say the price goes up after you cashed out 10%, you'll then be able to cash out another 10% if you so wish, or you just keep waiting for an ever higher increase. If the price happens to go down not long after you cashed out, you'll get the opportunity to buy back. That's how it goes, or at least, how it should be.

If you end up being a profitable trader, then who cares?

At this point there is no real 'news' that can get the price to boost other than;

# The ETF review results in a miraculous approval - chances for this to happen are extremely slim.
# Miners finally allow Segwit2x to activate - likely before the end of Juli.

I see no justification in the price to hit the $3000 level without at least the latter mentioned scenario becoming reality. We are doing exceptionally well maintaining current levels, taking the overbought market into consideration. I don't mind the price not having properly broken through the $3000 level yet. It will happen when the time is right...

Posts got removed, at last. I was quite active with reporting posts from the main boards I am active in, but I largely stopped with that because it doesn't have much of an effect since the reported posts stay there for days. Most newbie post reports that can be handled by staff members, are taken care of quite swiftly, but everything else is not worth reporting anymore.

Even when Bitcoin has gained like 1000% last week, a few days later the reports will likely be the same - Bitcoin struggles to increase further... What do you think this is, a rocket that just keeps going up without running out of fuel at some point? It's mind boggling how noobish the context of these articles is getting nowadays. Every news medium is trying to jump on the crypto train, and they aren't shy of showing how ignorant they are. It's Nasdaq that pumps this article into the wide net, at least I would have expected a bit more professionalism here.

That's not possible in the auction section.

Problem is that everything that you report from users above the newbie rank, will require action from the section moderator (which in this case are Cyrus and hilariousandco), or a global moderator and above (which again comes down to Cyrus and hilariousandco) - that's why it's taking so long.

Legalizing Bitcoin as country is one thing, contributing to Bitcoin's growth as country is completely different. Japan has been a great source of growth for Bitcoin, but that doesn't mean this will automatically happen with each country that walks the same path. If we're talking about things that potentially may bring a decent bit of growth to Bitcoin, I would have preferred to see an ETF, as this will open the doors for institutional investors. I still find it weird that the ETF review hasn't been finalized yet.

To add; after that we're still not there yet, as it will take approximately 3 months before the hard fork starts to kick in. The only thing we can hope for is that it will be a smooth process without any major negative consequences. Certain miners simply can't be trusted on their words, so I wouldn't be totally surprised if they decide to move into a different direction.

I have reported both posts in my auction thread, from which the first was a pure acitivty boost post, and the second is pure nonsense that should have been deleted as well.

https://bitcointalk.org/index.php?topic=1977663.0

Why does it take so long to just execute a simple post deletion?

Anything coming from forbes, cnbc, bloomberg, etc, should be taken with a huge load of salt. It were exactly these media sources that were spreading the exact same gibberish years ago. It's basically just them slightly rephrasing their articles to make it look somewhat unique and authentic, but overall, it's all the same. I accept it if someone with actual understanding of this market seems to be on the bearish side, but these bastards have been proven wrong by the market plenty of times already. They just search for that lucky shot where they can say 'Hey, we told you so, it was a bubble about to burst!'.

Don't do it. If you decide to invest right now, it will be a pure gamble as there are zero indications of how Ethereum from its current already insanely overbought levels will perform. Also take in mind that Ethereum is experiencing some severe network difficulties right now. In some cases you just have to accept that you missed the train, and this nicely fits in that category.

This thread should be renamed to The Great Altcoin Crash? As soon as Segwit activates and we a while later finally operate larger blocks, people that have been using altcoins as hedge, will soon realize that they better exit their positions, or they will be left holding a bag of worthless coins. Overall, this article is complete junk. No original thought/analysis/information, fud'ish, amateurish, etc.

Bump.

Obviously, but if you look at how the market was rushing up, and all the noobs here that got pumped up so badly, that they started speculating about $10K this year, it's all pure insanity. When the price goes up, they expect the price to continue its path all the way to $10K within this year, and if the price goes down one or two days later (which is completely normal, considering traders are securing profits), their attitude completely changes, and start throwing around with ultra bearish gibberish. They have no clue about what sustainable gowth is, no clue about what consolidation is, nothing of that all. People here are nothing more than a bunch of jokers.

Obviously, it all comes down to the economics. In order to expand their capabilities, it requires them to dig deep in their pockets to scrape out a few extra bucks. Coinbase (and then mainly the people behind it in financial meaning, often referred to as shareholders) is reluctant to proceed with such cost intensive practices, but they have no other option, and thus will have to swallow the temporary cut in their income. I just wonder whether or not it will be enough, and when they will actually finish. According to the data on their site, they have 8.1 million users, which is quite an impressive number.

Weird sentence set up, but if I understand it right, you're referring to people being worried about "losing" their coins in case of a chain split? In case of an unsuccessful hard fork, the original chain splits in two active chains (it will mean that there is still the original Bitcoin, plus you have an altcoin as bonus), which means that every coin you had before the chain split, will be available in the other chain as well. No one will lose any coins - people shouldn't pay attention to trolls spreading fud.

Fluctuations are great if you understand how to benefit from them, and aren't afraid of buying at the time the price tanks. Most of the people here are so called positive sentiment buyers - they wait for the market to perform well, and if they have gained enough confidence due to the increasing price, they will start with buying. Reality turns out that these people most often end up buying at near top levels, from which the price basically only can correct in the very short term. What happens after that? People panic sell at a loss because they didn't expect the price to go down at all. What happens after that when the price goes up? Right, they buy their coins back at higher levels to regain their position. It's a cycle. Instead of accumulating coins, these people are burning through their holdings.

It has always been like this. I have been reading through plenty of articles back in the days how "experts" literally break down Bitcoin and explain how it will never reach $100 for the first time. And if it would touch the $100 level, it would directly be Bitcoin's highest ever price. Guess what? It did hit $100 and it literally demolished all other levels after that as well. Just look where we stand right now, never pay attention to all those bubble suckers. If we had to believe these "experts", Bitcoin's entire existence is one big bubble...

We've already been through a few very decent corrections, just look at how the price went down from +$2700 to sub $1900 in a matter of days. We managed to recover from that all the way to nearly the $3000 level, where we had to swallow another pull back, this time to just over the $2100 level. It's the demand that keeps holding the price up.

Long story short, the price is somewhat overbought, no doubt about, but this in no way comes even close to a bubble.

It will always happen. Problem is that you're always too late when you start realizing that if you invested in x coin, you would have gained an insane amount of profit. I am not at all in favor of any altcoin, but look at how Ethereum literally exploded in value for example - this is a perfect reflection of what I mentioned before. Even if you did happen to invest in Ether back in the days, you would have likely already sold your coins at 50-100% profit rates. Never blame yourself for missing an opportunity - just make sure you keep holding every satoshi you have right now!

Of course it drops at the time the price is nearing the $3000 level - the market is simply said overbought. Current levels are simply not sustainable for long, which very well explains why the price is bouncing up and down so frequently. In order to justify a move over the $3000 level, we have to wait for the hard fork to kick in, and in the meantime, we have to entertain ourself with the wide fluctuations that the market experiences at sub $3000 levels.

It's funny how you are just ignoring the real point here, and just blindly try to force through your own vision. Block capacity is extremely relevant in relation to the transaction fees. The capacity, or better said, the lack of capacity, is what has been driving the fees in the higher direction. Everyone is trying to get their transaction included in the next block, and due to the lack of block capacity, you'll either need to outbid other transactions with a much higher fee, or you'll be forced to wait for the block(s) after that. If capacity wasn't relevant in relation to the fees, why would any entity initiate a spam attack? It's not for nothing that I suspect miners from heavily contributing towards the massive spam attacks to boost their fee income.