I think the main reason why JPM and FB are so different from each other is that one is only personal and not global while the other will be global.

PJM wants to build something for themselves and since they are super rich and deal with billions of dollars every single day it would be smart for them to find a way to make it cheaper for themselves because lets be honest blockchain makes this both faster, cheaper, easier plus makes it very well organized, whereas facebook just wants to build something that would be "sort of" crypto which is stablecoin, now they are pegged to regular fiat currency but they are not regular fiat, they have blockchain but they are not crypto so they are literally in the middle but they will make sure to bring fiat currency and blockchain together by allowing people to send money to each other all around the world via whatsapp which would be awesome. So one is basically B2B while the other is B2C and thats their difference.

I think there is a limit to being aggressive towards them as well. I mean we all know that they are running a casino that looks
illegitimate but why we think like that plays more important role than actually attacking them at all costs. For example lets assume no one likes them, but is it because they have a high house edge? Or is it they are not provably fair? Is it because we can't check if they actually have what they say they have?

Is it because their ICO was not what was promised? We need to make clear distinctions between why we think they are not fair and what we think they have fair.

Personally I do not like them because they fail to deliver their own promises to the investors, I do not think their house edge is a scam, I do not think they are not provably fair (not like nobody said they were) so if we can make that clear then they would have to answer to those allegations.

I think people are just worried because we were going so well with the bull run and then we stopped. I think the problem is not going down from 13+ thousand dollars to 11 thousand dollars, that happens, if we moved back up once again nobody would mind, I mean does it really matter to you if we went from 13 to  11 to 15 if we eventually still hit back higher than before? It totally shouldn't.

However, we went from 13 to 11 but then didn't moved up which made people scared, they should not be but I can understand them. Bitcoin prices usually always go up in the long run, there is no way it will stop right now and start going down to zero, so even if we stay here for a while or even go down later, just be patient and hold your bitcoins because in the end one day you will make a good profit.

I think right now it already stopped, it depends on what you mean by stop but as you can see right now price is not moving in any direction at all. That is literally "stopping" and we have stopped.

Would it go up from now on or down from now on shouldn't mind because right now we are at a stage where whatever you think you can actually have the time to do it since the price is not moving like crazy, if you think it will go down then you can sell right now, if you think it will go up then you can buy, if you bought cheaper you can sell some to take profit, if you bought higher you can buy more to drop the averages down.

Basically right now it is as stopped as you might actually wish, but people won't buy here that much, or sell that much, you know why? Because they still are afraid of every possible movement but then wish they got in after the fact instead of during it.

The great thing about this video is that back in the day there was a lot of interviewers who asked people if they believed bitcoin to be a real thing and they mocked the idea that bitcoin could be something but even than bitcoin was something that was working and that was already a valid option for many people, they missed out on that fact because there was less of us but it was still valid even though not as big.

Now, we see it over 10 thousand dollars a number many people believed we wouldn't reach and we are over 10 thousand second time around, it was over 10 thousand just a year after that video and now its over it again today, so as you can see there are more and more people involved in bitcoin and there will be more involved in the future. Bitcoin doesn't change, peoples perspective over bitcoin is the one changing.

You do not even need linux, if you trust the other person just send money to someone and they will send it to your bank account. That is how I did it back in the day when my country didn't have any local exchanges and it was working fine but it was risky since I didn't know who was sending me money and I needed to trust that person.

Exchanges are more trustworthy than people but even today you can find OTC places to do that type of no fee exchange if you want to. The reason why exchanges exist and liked so much is that people don't need to trust anything since they know they can trade as much as they want and withdraw afterwards if they want to. All you have to trust is the exchange itself and exchanges are making a ton of money so no reason to not trust them as long as they are not hacked.

We need to make sure to know the difference between investing into a startup and investing into a coin. You may think all ICO's are actually just coins that are coming up and people invest into the coin but that means you do not remember the 2017 ICO peak times.

I have literally seen companies having their own ICO just to get more funding and the people who owned those coins would get shareholder dividends from the profits like regular stock market or even just have the stocks of that company without getting dividends and they just used those funding from investors to get the company bigger.

Now, that has nothing to do with crypto innovation, they are just circumventing the stock market world and creating coins for their shares so people would own 100 coins of that company instead of 100 stocks of that company. Those people actually made a lot more money because people are more inclined to invest into a company that is already working and asking for funds to get bigger instead of ICO's that basically says "we wanna create a new coin" and that's it.

I think there should be like a separate funds that goes into insurance which would make sense and the ICO companies would be allowed to pick how much of it goes there. Think about it this way, they are doing it via ETH lets suppose, so you have a company asking for 10 million dollars and if they are %100 funded they will receive it and investors will receive the new coin, so far everything is exactly the same.

But, think about what if they put 3 million aside as insurance and anything above 10 million also goes for insurance as well. That way if a company asking for 10 million but got 15 million instead will be capable of putting 8 million in insurance and 7 million into operations. Worst case scenario if the coin falls 20% it would be at break even, anything under that and insurance will be used to buy the coins back and burnt, that way that coin could never worth less than 20% under the ICO price.

There is no need to be rude to each other, this is just a technical analysis and I do not want to know if you are like this for a
technical analysis of a currency how would you be if the topic is a personal stuff. Both of you could be right, both of you could be wrong, one of you could be right and the other could be wrong.

This is technical analysis and from the past 6 years I have been involved with bitcoin I can clearly say (and I hope after 6 years I earned that right) some technical analysis turns out to be true while some of them turn out to be wrong, which I think everyone can say not just me, we have seen hundreds of technical analysis during this bull run, some of them were right and some of the were wrong. This one here could be right maybe its not sustainable or maybe its wrong and its sustainable, who knows? Only time will tell but you guys should be calmer about it.

We have seen multiple people trying to calculate bitcoin and we have seen multiple methods of calculating bitcoin, sometimes they are right and sometimes they are wrong. Just because you got it right once (and its not even 10k and it is more right now so you might be considered wrong anyway) doesn't mean you will be right every single time.

There is only one calculation of bitcoins price and that is how much people willing to pay for it. Nothing more or nothing less, as long as people willing to pay bitcoin a million dollars then it means its a million dollars, if they are willing to pay a dollar for it then it is a dollar. There is no calculation of how much it worths or how much it is because the only thing that makes bitcoin worth anything is what people think it worths.

Savings and investment are not different from each other if you do not want to. When you earn your salary you can put some of it to stocks and call it your savings as well. Not all savings are like putting the money in bank in some account and let it be on some bank interest, that is just one option. Buying crypto is savings as well, buying gold is savings as well.

Savings refer to the act where you do not spend all your money you earned and putting some of it aside, the investment is that "aside" part where you put that savings into something that would make it go even higher while you are still saving. So, putting 100 bucks per month into bitcoin is investment AND savings, you save 100 dollars per month from your pay check and that is called savings and you put 100 bucks into bitcoin and that is called investment.

I do have a goal, I have a specific number to be exact to stop working ever again and retire. I can't give you the number right now but I can tell you its not even that big, it is less than a million dollars.

All I will do with that money for myself and for the future of my children is to buy real estate for sure, I know it sounds old style and it doesn't make sense to get that in these days but unfortunately in our current monetary system I wouldn't want to have a stock or crypto or fiat because in the end all of them can be ruined by the governments wild actions in some country whereas if you own a house, you own a house and nothing can change that unless you live in a weird dsytopian future where governments can just seize your house for fun.

That is why I calculate and in my country if you own 7 houses their collective rent pays for the 8th house easily (and leaves some to you, its actually 5.5 houses that pays the 8th house) which is why I believe that would be the threshold to stop working, you can literally buy a new house with the rents of the other houses and keep doing that until you die.

I think we are missing couple of points here. Blockchain makes sure you do not get scammed during the roll of the dice (or whatever game they use blockchain with) however that is still not stopping the casinos to get "hacked" and run with your money, you are still depositing and still withdrawing money from the casinos and as soon as a bad casino realizes they have enough money on their wallet and want to just keep all of it they can decide to not allow you to withdraw right away and then run with the money.

Just because games are fair doesn't automatically make the casinos fair as well, there have been dozens of casinos who gave us a proper provably fair gaming and I can guarantee you they were %100 legit on gambling part but then one day they just closed shop with everyone money still inside.

It seems reasonable prices are around 30-50 thousand dollars, now we have reached 20 thousand dollars before and we have started this at around 4 thousand dollars which means if it does another x10 that reaches 40 thousand dollars, it can do a bit less or a bit more in the end that puts it between 30-50 thousand dollar levels.

However, that is just my assumption and I fear that I may not be right, in the end this is a volatile market that people react and with just one bad news tomorrow we can start to go down or with one big deal from a huge nation making a crypto storage like foreign fiat currencies it may go up as well. So this is just my expectation in case nothing major happens, that is why you should always be prepared for anything major that could happen and read the news.

That is not why it changes, it changes because sometimes people sell usdt too much for a reason and it drops a lot however since its pegged to 1 dollar when it drops too much it goes back up and can't be dropped insanely low since there is always a 1to1 ratio that will be covered by the company which means if it drops too much people would buy it and sell to bank to make a profit whereas sometimes people buy too much of it for some reason but at the same logic it would not make sense to pay too much for something that worth 1 dollars which is why it drops back down.

So, it is regular market volatility with the idea of arbitrage right behind it making it move up and down but lately the news that usdt is not pegged 1to1 anymore made it move a lot more up and mostly down.

It is not just about bitconnect and who will fall for it or not.
There are scams going on in crypto world every single day just like there are scams going around the world in fiat currency as well.

Every single day people scam each other in fiat world and nobody is shocked about it, you think someone right exact this second is not falling for a scam in real life? They surely are and that is not newsworthy whereas when its crypto it becomes a big news.

Bitconnect or some other thing, there will always be scams and people will fall for it because there are a lot of people who want to get rich quick and there is no way to make it big in a second except getting the lottery or something so when they see something that will make them rich they fall for it and only realize its not possible to do it and they were scammed.

The sad thing is they are using google ads nowadays and google is not doing anything important about it until it gets reported. Like they do not care themselves and let it be until it gets reported and they check the report, in reality it should be not getting advertised at first and google should not allow them to exist at all but they let the work done by the people and only check it if it is reported.

If it is not reported (unlikely) google wouldn't do anything about it. Which means you can put a phishing website to google advertisement anytime you want and google will allow you to exist until you get reported and you will make as much money as possible until you get banned. That means for a while all phishing websites are allowed and they are capable of getting money.

I think the general knowledge for stock market portfolio fits perfectly for crypto portfolio as well. If you have studied the great minds of stock markets and fund managers than you will realize that they never put too much at stake with just one investment, one coin may go bankrupt but if you have 20+ coins in your portfolio than you won't get bankrupt.

Yes, the market sometimes go down and sometimes it goes up but eventually if you have too many coins when the bull run starts more often than not almost all of them will go up, which is why if you want to make sure you will earn as much as possible than you need to just put as much coins as possible into your portfolio. Never buy a new coin more than %5 of your balance, just get a bit of it and you can readjust later on.

I have my own personal ceiling for bitcoin which is not bigger than the biggest stock exchanges in the world, which means between 4-20 trillion dollars is the phantom ceiling for bitcoin for me.

I say phantom because in reality there is no limit, it can be 1 trillion dollars for each bitcoin and even though we all know it makes no sense and it won't happen the reality is technically speaking it is possible, it is definitely impossible in financial stand point but not because of some technological reason. So considering that I say 200k is quite possible in our lifetime, of course not anytime soon but the max it can possible reach for me is about 200k, anything more is just way too risky and way too volatile, we are fine with bitcoin moving %10 but in that case just a simple %10 movement would be 20k as a whole.

If you want to do trading right and not pay too much fee then your best bet is always binance. Can you find better fee structure somewhere else? Sure you can, but they are both cheap (if you use bnb your trading fee gets cut in half) and also they are very secure and trusted.

Now, you have to ask yourself which do you really want, pay less fee but trade somewhere you can not trust and may get "hacked" and lose all your money or a place where you will already pay very little fee maybe slightly more than the other place but have the security knowledge that even if they get hacked and 7000 bitcoins all lost they will still keep your money secure? That is why binance is at the perfect spot of being both cheap but also trustworthy for me and I would pick them over anything else.