A lot more interest. Not like the interest we have right now but probably 10 times that size.
We need all those 2017 noobs back in the market. Right now, our biggest problem is the lack of volume and trading and because of that rich people decide what the price will be like.

If you have enough money you can buy bitcoin by the bulk at 10 thousand bitcoins at once and keep doing that daily for a week and at the end of it the price will be a lot higher and you will be capable of selling that slowly (like 500 bitcoin a day) until you make a profit.

It is a time consuming idea but unless something bad happens you will profit like crazy. Or if you want to you can spend 10 thousand bitcoins on shorting bitcoin price and another 10 thousand bitcoin to sell and the price will go down like crazy making you more money than you lost from short.

Basically rich are getting richer with this market, we need more people to stop that, if 10 people can trade as much as 10000 noobs, we need 10001 noobs.

It depends on where. I mean it doesn't make any sense to teach in high school since it is still at its infancy and getting improved a lot every single day with new coins coming up providing new features. However, if you mean college it could be taught in some majors like computer science and software engineering.

Those type of majors literally are the reasons why bitcoin exists today and we do need people to study what blockchain brought us but not only improve blockchain in the future thanks to that education but also try to find something that is better than blockchain.

Obviously that would require years of studying and years of people being taught about blockchain and all that but in the long run if bitcoin is the improved version of fiat, I am sure someone will eventually find the improved version of bitcoin with enough education and studying on the subject.

In a way, it basically depends on each individual and their understanding generally when it comes to the market and how they intend to approach it. A lot of people approach the market with short term goals in mind, while some approach the market with long term goals in mind. Simply, most of the people with long term mindset goals tend to understand the thing they are investing in and not because the want to gain some short term wealth out of the blues. The best time to always invest is just by you accepting the risk as well as the opportunities, and this will always help you in your decision making.

Just like Warren has said before, buy when everyone is fearful. I think that state of the market right now is obviously one that requires buying as the bear trend is making a lot of people to get out of the market out of panic and that is what you want to be taking advantage of. See market at every stage as an opportunity and utilize it for your own good in the long run. However, it is always going to be a hard decision to make if you do not understand the reason for your investment and it should be a very good reason if you want to thrive in your investment idea and outcome of it in the long run.

I definitely say that ethereum has a similar potential like bitcoin but it looks like it is not going anywhere any time soon just yet.
I honestly think if you check the differences between the coins you can see that bitcoin has a lot more troubles on its code compared to ethereum.

Ethereum is also really has a high utility aspect to it as well, there are lot of sectors and business that can use ethereum blockchain to improve their systems, there are a lot of games and what not that could use blockchain and many other stuff that Ethereum is known for.

Comparatively speaking ethereum should have been the highest crypto right now in coinmarketcap but unfortunately it is not because bitcoin is the first one. Aside from being the first one there is nothing bitcoin provides that ethereum can't but there are a million things ethereum can and bitcoin can't.

I believe the essence basically is to be able to find something to control you just in case you cannot control yourself. The thing with gambling addiction is that there is always this force that keeps pushing you to want to do what you really do not wish you will be doing.

It is the way things are with gambling as it tends to play with your mind and it is the way you approach it that would matter how you are able to end up being able to control yourself or not. We all know for most people, that is something that we sure know cannot be easy when it comes to control, as they tend to find it a bit hard to do, and in this case of this app, it is sure a good start.

This is huge for bitcoin. It is even bigger than the ETF news and anything like that regarding BAKKT and SEC. The point here is that GOVERNMENTS started to accept bitcoin as a means to pay them which makes it official, anything that governments deem official should be highly valuable.

I do not think anyone really understand the size of this deal. It means that if Ohio started to accept it, other states will as well and some other countries will start as well, which means not only bitcoin will be regulated properly all around the world but it will be also a legal money that governments sees as any other fiat currency.

If you live in USA, there is nothing different compared to bitcoin and euro for example. That type of level will help us insanely and will make it amazing to work with it. Price should have soared like hell when it first happened.

It doesn't really matter if you buy the dip and it goes down even further. I mean if you buy the dip with all of your money thats a big trouble but if you are a person who makes money on regular basis like many other you can buy it again on the next dip.

As long as you can keep on buying the dip you are dropping the cost average of your purchases down and when the price goes higher it only requires to go higher a bit after a while. There was a person I read on reddit that bought 100 dollars worth of bitcoin since the 2014 fiasco.

Dude put up 100 dollars each month until 20 thousand dollar of last year, he said he cashed out a bit of investment to buy something (I forgot what it was) but intends to keep the rest in there and keep on buying 100 dollars every month. There is literally no dip for you that's too bad if you follow that logic.

Normally if we are talking about traditional investment you need to make sure you are getting paid by the success of a firm or any investment method you have in order to believe. For example in investment, many of the big hedge fund managers want the dividends of their stocks in order to know if the stock worth anything at all and they do check the size of the company and the cash to debt ratio with the institutional ownership of stock and many more stuff like that before they get into these types of investments.

We have none of that here, none of that matters in bitcoin or crypto. We only invest into it because we "feel" like the price is low and worth more. There is nothing that makes the price what it is aside from what people think it worth. So do not compare the two at all.

When asked about this couple weeks ago I was saying we really do not NEED it but it would be nice to have it just in case. However, right now we really do need it like hell because they will be the only ones who can fight these "bitcoin whales" because we can't.

If Craig wants to sell all his coins and drop the price that's fine because if there was ETF going on and people were putting money into it that would mean there were big banks who expect the price to go up in order to get more investors, hence if the price goes down they would spend money to keep it higher for their investors, specially at the beginning so they can attract more investors later on.

An ETF that loses money of its first ever customers will not go big so they will work hard to keep the price high and that means even if Craig spends a billion dollars to keep it low, finance world will cover that difference and take it higher. Hence we really really really need it right now.

That is basically the ideal thing to be doing right now, because I believe anyone who is busy selling right now is definitely not doing themselves the best when it comes to making the right market decisions. Like Tom said, you cannot be going bearish when the market is already in a bear phase and a terrible one, which is the time you should be going bullish and be accumulating more.

People tend to wrestle with the trend and then panic when they are being pushed out as a result of their emotions. If you know the potential of what you are holding, you will always know how to make the right decisions, focusing on the long term. Basic principle those who have been holding for years now have been using.

It is never about the top 100 to me. There are some coins even in the top 10 that I would not be holding for long term and I am sure you should know them. The thing here is that I tend to look at the long term opportunity, the product such a project backing the coin offers, how usable it is going to be in the long term, and how the team will tend to be able to do the needful when it comes to the development of the coin as time goes on. These are the things that matters the most, and not just some top 100 bullshit based on market cap that can be acquired by pump.

In my vast experience, I am not good at predicting the futures of new coins. If I was blessed with such a capability, I would have bought ethereum when it was available for less than one dollar. Due to various bitter experience with lots of other coins, I have lost interest in investing into new coins. In my view, choosing a new coin is no different from gambling.

Utility is important but only if it works for the coin holder. For example if you have binance coin called bnb, you will have a chance to pay half the commission fee from trading which is a utility that requires you to have BNB and use it at the same time.

However just because XRP is tied to a company called Ripple doesn't mean it has any utility at all. Banks can deal with Ripple, corporation could pay millions of dollars to Ripple.

All of these could be done in the XRP blockchain and all these big transactions could be done thanks to the company knowing how to use the blockchain they own but none of that requires the XRP owner to do anything or even reap the benefits of any of this. Utility doesn't mean a company behind it, just because a coin has a company behind it doesn't mean it is usable.

It needs to have a use that when you get the coin you can use it for something and benefit from it. That is the literal meaning of Utility.

I agree, at least to 300 dollars if you ask me. Ethereum is at a level where the miners are not making any profits right now. Do you know who mines ethereum at these levels ?

Only the people who think the price will go back up and put a sell order at a level where it is both covering the cost of mining plus some interest rate for all the work and capital they put in there and had to wait. All other people who mined during the best of times are leaving because they are not breaking even at any point like this.

Hence in short, I can tell you that if you think ethereum will stay around these levels, you are fooling yourself. Ethereum will go up a lot faster and will be at least 300 dollars, probably more because it has to do that in order to make it valuable for the miners who are the people that runs all of this.

I have tried doing it during these low times but not arbitrage like we know. I have been using my local exchange because it allows me to do fiat currency exchange between bitcoin, ethereum, litecoin and so forth whereas all other places gives me us dollar tokens and so forth which I can't withdraw to my account. Now that my fiat currency is also pegged with dollar I can know how much bitcoin worth in dollars and how much it worth in my local currency and calculate the dollar-local fiat exchange rate as well.

There was a time where the dollar value of bitcoin dropped insanely lately whereas the local currency version was still a bit above those levels in exchanges so I sold all my bitcoins at once and waited until the local exchange rates followed the dollar exchange rates and rebought all my bitcoins. It was still a loss overall because bitcoin dropped but I lost less thanks to it.

Why do you think price stability will be dangerous? This is something that would depend on usage in the long run, so in that case there is nothing dangerous about it, but the truth is that whether we like it or not, even with the stability, when it comes to the comparison between fiat, there will always be fluctuations, It is a market, there would always be time when demand becomes far more than supply and vice versa, so even if it is not something huge when it comes to percentage based on the volatility level we are seeing now, there would still always be some action in the market.

When mainstream adoption comes in, and the institutions already have gained a higher ground, I am pretty sure stability or let me use the word little volatility is something that would eventually be a thing. It is all about the market being usable in real life, and with that happening, there would be some sort of equilibrium between demand and supply, and even if there is fluctuation, it would not be as much as we are seeing now, but in that case, I am pretty sure the market would have grown past this in an unimaginable way based on the rate of adoption.

Not all "new technologies" is really blockchain. I agree blockchain plays a big role into this but the technology is really vast and should be considered a lot further then the blockchain level we all know. For example there is a loan "bank" or company or whatever it is called "Kabbage" and they do give out loans to business' and they do not give out loan like any other bank in the world.

They have an algorithm and that checks out your credit points and so forth like any other bank and also checks your social media presence as well. They take a look at how much followers you have and how many of them are real followers and they check how many responses your posts get and stuff like that.

They are basically giving you loan depending on your popularity. They did used a new technology there to decide who should get loans but they did not used blockchain at all. Long story short, banks do need new technology but that doesn't have to be blockchain at all, just any sort of improvement would be helpful.

Here is a link to a post someone pasted on the gambling thread of the owner of Bet365 carting away with at least $1m daily in 2017 https://bitcointalk.org/index.php?topic=5073693.msg48121577#msg48121577 … Probably if people started realizing that this money is basically from them based on their level of gambling and addiction, maybe they will have a rethink on how they need to be approaching gambling, knowing that in it, you are not making anything and in most cases, you are losing hugely unless you are lucky, and even if you manage to get lucky at some point, unless you just don't come back to gambling anymore, it still gets taken back away from you.

In my view, the biggest one is the communication you have with other people. You may not realize this at once but when a gambler gets too addicted all of a sudden all he starts to think about is a way to get back the money he lost. Normally they do not win at all, long term results of gambling is always losing so when they lose they start to find a way to get that money back.

Someone who lost thousands of dollars into gambling can't just leave that at the table and leave, that rarely ever happens. So when you start to gamble and make that your character, your talks with other people starts to shift to gambling as well, you talk about that match you probably will win because of great odds, or you talk about how the poker hand you got must be crooked and so forth. You start to have no healthy relationship with anyone.

In every market, there are always those ones who are the bigger players and what they do is trade in the emotion of the market.

Wind_Fury said something one time on one thread here, that we should be very much scared of the whalecumulators, so he called them, considering that they are everywhere and trying to see the reaction of people to the present trend, and since basically the market consolidated for a while in the descending triangle, and a lot of people started calling bull runs, probably, we'd just imagine this is a way of getting more of the weak hands to bail out eventually and give up hope for the market.

Recent crash to me is just more of a chance to buy more, and possibly we are getting pretty close to when we will get to see the institutions kick in with a great bounce.

Maybe people should start thinking this way instead. This year crypto has given a chance for those who think they have missed the train to buy in. Nevertheless, it is obvious those who do not even understand the potential of this market in the long term will never be able to think that.

A lot of people who came into the market last year had the notion of this market being a way to quickly get rich, but this is a solid market and not some ponzi scheme and as long as we keep having people like this, they will always be the whale's target all the time. As time goes on and as the market matures the more, we will get to possibly start seeing real life usage and that is when people will either love the decision they have decided to make today or hate themselves for not making the right ones.