Tron actually made a statement that the meeting with warren buffet will not be canceled but only will be postponed. Plus, Justin has been dealing with kidney stones for the past few days so he hasn't been able to do anything and that is why he will not be going to the lunch with warren buffet.

So, there is two possibility about all of this, either Justin is actually sick and that is why he will not be taking the lunch with warren buffet or that is just a guise to hide the fact that he is in big trouble. I try to see this as the first one because if it was a legal case there would be a court date and we would know what he is guilty of and will be questioned for but there is none and that is why I doubt that is the real one, he is probably sick at some hospital trying to deal with his kidney stones

I don't even think this worth a topic of its own. Bitcoin goes up and down 5% all the time, its not newsworthy to me. The price of bitcoin has been volatile since day one and yes there are days when there is huge movements and they are crazy enough that not only one topic but multiple topics open about it and when it goes from 4k to 10k people start to open topics like "will it be 1 million dollars" and when it goes from 13k to 10k people open topics like "will it go back down to 4k" and basically radicalize the prices a lot because volatility is something we got used to now and people expect that type of crazy moves. However 5% is not like that at all, it moves in the trend prices right now and as long as it doesn't go under 9k or above 13k there is really nothing new going on.

5 billion is actually a good amount of money for facebook as well. I know they are super rich and they can afford to pay it but just because they can afford to pay it doesn't mean that they have plenty more of where that comes from, that is a good chunk of money that facebook will remember forever. Hence I think this penalty probably out of all penalties in the world seems like the best one that could actually achieve what they have done so far. Facebook will definitely at least slow down their data breach problems and will stop collecting too much data just in case they get hacked again plus they will try their best to not get the same amount of penalty later on.

In USA if you commit a crime and get a penalty and then do it again the penalty doubles or even goes higher, hence it means if they fail to do this then they will get punished with 10 billion or more and they surely do not want it.

I think this down will not continue for as long as people think it will. The halving is coming soon and miners will start selling higher and will stop selling at the prices they are selling plus the difficulty will mean there will be less people mining bitcoin with small time miners are getting destroyed more and more.

Hence, I believe the whales realized that they started to early to rally bitcoin high and now they are accumulating more bitcoin at this stage but doing it slowly enough to not make prices go higher, with more time they will surely start to increase the price again when we get close to halving. I am sensing come this autumn price of bitcoin and all other crypto will go at least double once again, we just need to wait whales collect millions of dollars again, since they can't do it in one day it will take time.

I guess it would make a lot of sense for them to create something similar to Libra. It would at least open the crypto world to them even if it is just a stablecoin and it would involve blockchain as well. They are 1+ billion country with the largest economy in the world, having them support crypto would make the price go insanely high and the adoption rate would go up too. Right now they are not supportive of bitcoin and crypto and with something like Chinese libra they could at least see the potential of what could crypto do and how it could help the economy and maybe that would soften the ideas of Chinese government to crypto once again.

If that happens then we would be actually seeing some improvements there. They banned it because Chinese people started to fund ICO's with their money which meant money going out of china, but if they find a way that makes money go into china they will surely support it.

Honestly for anyone that is wondering how the money world is run and can't understand how world is in debt (considering we can't owe money to space, there is more debt existing than money that exists for some bad math calculation) you can read "I want the earth plus 5% more" and that will tell you how the system is crooked.

Normally, when someone gives you loan they should bring money for the interest as well but since interest wasn't printed not everyone can pay back their loans which creates a system where people are not paying their loans and there is this excess amount of money that is not being paid to anyone but banks still get their money somehow. I am not entirely sure how long this can continue but we all know its not sustainable and eventually will come to a full stop instead of a small slow down in 2008.

What I learnt that if you are patient enough then you can actually make a profit no matter what. I was not patient during 2017 and sold bunch of bitcoins during summer from 1-3 thousand dollar levels and I was quite sad when I saw the price went as much as 20k. Then when I was making money during the bear run of 2018 I did the same mistake and when I saw the price going down I was spending money because I had to and I knew that it would eventually go up and now we are at over 10k these days so I have lost a lot of money there too.

None of these was actually losses that I bought high and sold low, these were all that I profited but could have profited more. So the thing I learnt was never doubting the price of bitcoin, it could go months without going up and it would still end up x2-x3 higher after months or even years.

I think you can make something out of this, but you have to first listen to the feedback and then make changes accordingly. You are quite brand new in this space and we have seen plenty of million dollar efforts not making as much as some one man shops in crypto casino world, it doesn't matter how much money you spend or how big of a coder you are and what not or not even what your provider is (pinnacle is the main provider in crypto though).

So, that means it doesn't matter if you are rich or poor, it doesn't matter if you are good coder or bad. As long as you listen to peoples complaints and feedback and actually make something out of it and bring back to them like "you said x, I did this, do you like it?" and they will see you really care and that would make you go high in the list.

I am not entirely sure how much comfortable people would feel about playing in place that got its code from codecanyon, I mean how could we possible know if the people who wrote the code didn't write a backend to it in case you got too big? Maybe when you have many customers one day they will decide to just get in and take all the money you have? They don't even have to do that, someone else could buy their system just to find a loophole and than research the code and use what they found the hack you and get all customers money?

These are not made up questions and do not answer with "it won't happen code is fine" because no website knows their website is not safe until they get hacked, even binance lost 7000 bitcoins to a hack, hence I think that is the first thing you should address.

China is trying to diminish the power of crypto hard. They are really afraid that if world moves to bitcoin instead of dollar that their yuan would lose its value. They are aiming a world where everything is calculated in yuan instead of dollar, to be honest with you dollar is losing its value a lot and in a world where bitcoin and crypto doesn't exist there is a big chance euro or yuan will fill the void dollar will create when eventually it becomes very low.

Moreover, with crypto there is a chance that will get a big market share and Chinese government do not want that, that is why they are trying their best to stop all attempts that would make crypto bigger. Justin has a meeting with Warren Buffet the biggest investor in the world and they really do not want anything good to come out of that.

I think this is exactly where you want to be. I know places like ccn and so forth are fully paid stuff and there is barely anything new in there that we don't already know but honestly if you keep going to those places then they will continue to get paid for press releases and this will continue in a circle, you need to stop reading those places and they will have less visitors which means people will pay less to them so they will have to make better journalism.

Just visit here and read topics here and messages so forth, go visit reddit as well since its user generated and votes decide what is good and what is bad which means press releases get down voted to hell. Aside from this two that is basically controlled by the general public you do not need any new place.

If you learn the simple fact that market will continue to live without then you will have easier time relaxing. Now there are stuff like sell orders and stop loss and buy orders and what not all thanks to improved features of exchanges that makes sure you can do whatever you want for the future of your coins and that would basically mean you can be offline and not have to care about what happens to your money since you are all set with your orders. That way you can just leave it as it is and do whatever the hell you want and not care about what will happen to your coins and not check it.

Market is not gonna change suddenly just because you are watching it. That is why if you can get into that mindset, you will not even be an addict, it will suddenly slow down and stop.

There are multiple types of trading methodologies are available for everyone and unfortunately most traders are not spending time on which method is suitable for them and this is the actual point where most traders are missing out which leads to big disasters while trading.

I never agree to avoid trading but you must take time to find which type of trading is suitable for you. For example, anyone can choose from one of the following type of trading: scalping - long term trading - short term trading - arbitrage trading but only after studying which is suitable for their knowledge and other factors.

Must be a best advice you can give to anyone. Long term does not need to be an investment but it is still a type of trading and fortunately it is suitable for any trader with respect to bitcoin markets.

I do not understand why people do not get the simple fact that "do not invest money you can't afford to lose". This market is a dangerous one and the fact is that if you do not have enough money to buy bitcoin directly and you have to use credit card to buy it that means you can't afford to lose it as well, if the price goes down you will end up with a debt you have to pay to the bank for your credit card while having less money in bitcoin because price went down. You should only buy bitcoin with the excess money you have in order to make sure you do not lose money that would affect your life.

I think mine is staying calm, I have been in many storms of bitcoin, seen the 2014 period as well and now seen the 20k and down to 3k and back up to 10k so I know what the bitcoin world is about and how it could change the prices constantly and even during the times you feel you are doing fine it is actually preparing for a bad time for you.

Hence, right now the most important thing I learnt about bitcoin is staying calm, if during the storm I can stay calm and make clever decisions then instead of getting hurt by the unexpected things I could actually take advantage of those and make a profit. Two mouse is dropped into cream, one tries so hard to get out but drowns itself in it while trying hard to get out, the other waits for cheese to go cold and just climbs out of there.

I think it depends on the altcoin, each coin will be judged by what they bring to the table and they are already judged like that right now so it will continue.

At one point in history of altcoins there was a stage where anyone could open a new ICO and get funding, hell I could have created one website and couple social media accounts and could have got 100k+ funding right away, all I need is a professional looking website, someone to write a decent whitepaper and a designer for 100 posts on social media, that would cost less than 1000 dollars in my country and I could have made x100 for it.

Nowadays, coins are not loved that much, only the top 10 gets attention because people are sick of smaller altcoins not doing anything or not improving so they are focusing on only the coins that actually has some use.

Eventually this will die out as well. 1.5 Years ago when ICO became huge there was people funding those silly and unreasonable ICO's every single day, there was ICO's that got funding in just hours for millions of dollars, there was ones that got 1.2 billion total or something as well.

Hence, what I am trying to say is that there was a time when people invested into ICO's like they investing into IEO right now. What happened? Now it is not even a quarter of what it used to be, barely making 10% of what it used to be and mostly not even that much. That is why IEO's will continue like this for a while but eventually they will be getting disregarded and people will stop funding them. I don't know when that will start but it always happens, all hypes in crypto world eventually dies.

I have worked with exchanges before and I can tell you the reason why any coin, not just these, would get delisted from an exchange. They would be lower than minimum required daily volume that would make it worth to keep it there for expenses and profit.

So, lets assume if it is above 3 bitcoins that would mean the exchange would make a profit after all expenses then it would have to be above 3 bitcoins every single day. If it goes under that, even if it is ethereum then there is a chance it will be delisted, why keep it there when it is not making any profits at all. It is just expected of them to delist where there is no profit and keep coins when they are profitable, exchanges are not favoring any coin over others, they are still working hard to make money and doesn't really matter to them which coin makes them a profit.

I think "not regulated" is not correct, they are not doing business in USA as far as I know, they are using a bank in some Bahamian country and they are off limits to american government hence even if they are found guilty they could keep doing whatever they please because they are out of reach of american judge system. This is of course as far as I know, maybe they can still be found guilty and there must be some american citizen owner or employee they can charge with criminal activity.

Basically they are doing this because they can and there is nothing that can stop them and certainly people are still supporting them. Look at big exchanges where you can use usdc and gusd, people still prefer usdt over them and that seems to be the real issue here, if people start selling their tether and start using other things then they will have to listen to the public.

It is sad to thing it that way, like "when these old people die" I mean sure thats the truth, in 50 years there will only be people who grew up with technolog left alive, even the 20 year old today will be 70 year old and even the 40 year olds will be 90+ and hardly will use tech anyway at that age but if they have to people who are 40 right now are not that backward in tech stand point.

Hence, in 50 years ALL world will be capable of catching up with technology. Don't get me wrong there will be a lot of high tech new stuff, way above bitcoin, there will be stuff that we can't even imagine right now, like things we assume impossible will be quite possible by that time. However, since we grew up with technology we will be able to adapt to it and use it for our advantage.