I dont see Bitcoin as digital gold because we can already trade gold as a digital asset if we want, the problem gold will always have is its a physical asset and when you trade or own it you rely on security of a bank or vault to keep it for you.   That gold then is a trusted token with a centrally controlled ledger.
    Gold can be seized where as Bitcoin has  no physical problem with security like that and its alot faster and tons cheaper to quickly transmit value.   BTC should be used often, gold is often stored and not moved for decades.

BTC is an asset and gold is also and people can speculate on either, I dont take it as a great statement.   But sure on the face of it, he said the magic words and didnt spit on the ground as he said Bitcoin  

A credit card can do a money transfer and that money can be used for anything, it is an unsecured loan after all.    It seems a very bad idea to introduce leverage into a proposed Bitcoin holding, its not the rules or fees you should be wary of but the nature of Bitcoin itself is poor when mixed with debt.
   Your idea is a gamble or bet, I would suggest you just head with a small amount to a casino and take part there.   If you are thinking well I only want to bet on Bitcoin price, I know there are places which allow a simple bet on the Bitcoin price for 2019 or even beyond.   Then you have winnings if right or a fixed loss if wrong, using the credit card to directly buy would be a worse choice.

The thing with Bitcoin, its an active development and there is alot to discuss and some of it is new paradigms that the world has never experienced before.   Nobody really knows but gold is something unchanged in its dynamics for many thousands of years.

  What these people are calling out is the dollar situation, gold they have a belief will take over where weakness becomes apparent not just to them and a few others but the entire world and the vast populations of countries.   If ordinary people find gold now useful to them over a failure in paper value then of course the price rises, whats really happening is the paper diminished.  Like as if I value your house in diamonds or gravel, the quality decides the nominal number and the value could be equal.
   I'm just trying to outline, they arent exactly hyping gold as it doesnt do anything especially.  Its just a static object, what is there to hype really.

Biggest deal for gold was the invention of various powered mining vehicles in the last hundred years, none of that is especially recent.   That situation is fairly stable, the paper notes and debt scenarios that can play out are very unstable in potential and I agree with them on that.
   We dont then have to use gold but they see it as inevitable as its such a durable standard.   Its going to be that we see a dozen alternatives to paper and debt should that fail, decline rapidly.   SDR is one candidate waiting in the wings, I dont know it would be held by populations or just national banks but its not gold either way - https://en.wikipedia.org/wiki/Special_drawing_rights


UK sold almost all its gold, it owns euros and soft assets.   France has a great deal of gold from its legacy of Gaullism's hard line policy on gold vs dollar going back to the 1960's.   Italy and Greece are horribly unbalanced but I'm sure I read Italy retains a good large amount of gold, some counterbalance to instability but also they need to leave Euro pretty much.
    We soon lurch into politics vs macro economics, it will take another ten years to play out no doubt.

Both 'games' require a cool hand or you will almost certainly lose.   Thats the easy correlation between the two, trading is definitely an activity that tries to trick you into a loss.   Its just how markets work and you have to step outside that hustle and bustle and observe the most reasonable risk/reward path.   I think poker is quite similar in punishing those who lose the thread of the game and just react only.

Can I confirm my 4th round with CyberDice campaign please

Bitcoin is beyond 1 country's borders mostly, USA would just be regulating its own borders and people which of course every country can and does do.   Its not going to vastly alter the BTC protocol anymore then China banning usage which is over a billion people.    Ultimately BTC relies on not being centred or requiring roots in any one place, it would have run dry a while ago if it retained that traditional vulnerability I think.

All I really hear in the latest words is make sure to pay taxes and follow the law, nothing radical imo.     I doubt they oppose growth in industry and technology.

What was this great FUD, anyone got a precise video on it.   Hard to believe they would criticise Bitcoin especially because there is far larger more obvious, more likely alternatives to the printing of dollars for value.   Bitcoin is just mostly within its niche is how I see it, we hope it expands but this sounds alot like an elephant afraid of a mouse.


Ok got the video of our esteemed Treasury Secretary, thanks to Brew above - https://www.youtube.com/watch?v=aDmhT9UZPIk

Best thing to decide is the long term view on Bitcoin and then buy during these times of doubt when BTC price is on sale vs the previous highs.   When else do we turn away from a product now priced lower, unless news justifies such a large movement so that your long term stance is different; worry not.

Presently the price moves around the 50 day average price, if its closing the daily bar below average then I imagine it has more time till it proves positive in momentum once again.   That point is about near to 10k very roughly

1st point, long term players are just people who enjoy it.    Hopefully anyone who isnt enjoying the bets has already burnt themselves out of the game at that point.

2nd point I dont agree with as a person can always moderate their involvement with anything, it doesnt always have to be absolutes.   Gambling can be healthier then drinking, smoking even sports which can be dangerous or lead to long term injuries.   Its not always the negative people label, it can just be a past time, entertainment is how I view it.   

Smart answer, the best way to win at gambling would be with money you got gifted just for usage and referrals, which is not always straight forward.  I do see a number of sites that give some kind of faucet available which means you cannot lose with that 'free bet' hence unlimited profits ?    You still have to win of course, but the strategy for that is in addition why its rarely simple or easy to win big.

I believe it varies by country, mostly the open tracking of those who invested in the project and what amounts I think is the most frequent requirement along the lines of Know your customer type legislation.   Its also possible in some parts of EU its still not a requirement because not all tokens have a relation to money directly, that is the origins of BTC to be secure not exactly finance dictated.

Never consider just one side or one weight on the scales.   Consider both if you want to see where the needle will point.   So 300 dollar price is reliant on the trend for dollar worth and currently this trend is not likely to point to a hard currency worth in 2019.

I personally dont think Dollar will be a hard money currency for many years.   Soft policy is required to facilitate debt, thats bad in some ways but it helps enterprise value like Bitcoin to do better then it might do in an interest rate environment of say 5% or higher.   We dont have that, we dont have that in 2019 or any time soon and so this talk of $300 becomes like a joke.

Believe it if you like but theres little justification and I can remember the last trades for $300 on Bitcoin, of course its possible but its also requiring much change and reversal from here.

Whatever the news its also naturally part of the story to sell off while we are a year off halving block reward.   It was too soon to rally like that especially when halving is not a precise event in terms of its market supply of new coins but a transition to a lower available amount over time.


6k area is fine, I kinda expect this area needs to confirm itself as a base long term for the best bullish case.    I put that down as a guess for quarterly price because the charts always overshoot in both directions but its only when volume comes in and confirms a price below what should have been support, then its a bit more worrying.    I think the ceiling and the support areas tend be magnetic or sticky in attracting attention and so market orders come in there and eventually so does the price however briefly it might be.

Is this for all Amazon domains or just USA you are interested in.       I have one spare and with email not quite 7 months old so I'll bookmark this for the future perhaps we can talk then.

I'd say its more true then not, Bitcoin being part of the global economy gives some participation back to local inhabitants who might be isolated in local economic cycles otherwise.   However I'd be alot more bullish on that idea if it were true the people could earn in Bitcoin, mining is quite a distant prospect for most now so that means mostly ecommerce and can people locked in a country market themselves to the world more easily with Bitcoin.

If trade is enabled because Bitcoin exists, its bullish for them and its bullish for Bitcoin overall to offer genuine utility

1.5 m currency and 1.5 billion person, it would appear to be a tiny amount by most basic standards.   They'd need a bust like this every day to have said to be altering the market really much at all.    Its part of history now that USSR empire every day banned use of dollar for trading and every dollar was used in the black market to great effect.   Some might have starved if they had no access to the free market at all, I imagine its not that much different in China now.

The classic explanation I heard is bulls attack upwards with their horns, gutting the enemy.   A bear will kill downwards by standing on its rear legs till its 8 foot tall or whatever and falling with a crushing action on top of their enemy; thats if the claws didnt already get you.




A pure trader should like crypto because the action in it can be so extreme, big moves occur.  [I know at least two career mainstream traders who have allocated budgets to crypto for trading]  If it was random that'd be a negative but mostly I dont think it is

The line held and now we fall as speculators are disappointed some and the needle swings to sell.    Present low is 50 day moving average and a previous low recently, MA is momentum more then support I guess and so it needs better reasons to find this as an ongoing low which may or may not be there.
    Its lost the daily uptrend for most of 2019, overall I would guess its then more negative then it has been in its previous action despite many sells its generally gained but now needs to reformulate a trend having lost that particular one and failed the test to get back over the fence onto that highway



blue line is just 2 day momentum, the first point in any bullish aim

In the future but also right now I'll be quite surprised if somewhere big or small an operator is not already accepting Bitcoin somewhere in their establishment.   Just because its a crossover product and to entice in an extra audience.

Disappointing to me is that it did bounce however I still think on the daily trend and some other measures it can turn bearish here.   To do so now after already rallying and wearing some buyers out would produce that OP flush mentioned.

For the bearish view 11,500 would be the last fight but mostly I think it should stalling on this daily bar not still edging up but I dont have all of the picture.   Maybe Japan and Korea decides the fates of BTC