OMG hitting 9900x is a big big number, tough luck it was on bch and not btc, bch is not that much money I am afraid. I mean it is still great for fun and you are still profiting which is what matters, profiting while having fun is the reason why people gamble to begin with so I am not denying any awesomeness this has but compare the wins and where the result would be if it was btc instead of bch.

Would you consider changing your money to btc in order to start gambling for more profit potential or do you like playing in bch ? I guess if you believe you are as lucky as you think you are than playing with btc would be much more profitable in the future (well in any case its just amounts changing so instead of 1 btc bet you can always bet equal bch amount). You did not only hit 9900x but you hit like multiple impossible looking bets as well, those look really amazing.

So if I get this right this is basically a miners lotto? Like you send your hash rate there and instead of getting a return every day (low return) you will be giving all your hash rate with the hope that you will win the lottery (higher return). It means if you are lucky you will make more profit this way and if you are unlucky than you will not make as much as you used to.

This is definitely for people who do not make much money from mining because there is really no point of risking your income for a chance of a bigger income and a risk of no income and even loss of money from cost of mining if you are a big miner, only a small miner would risk that type of thing considering it wouldn't be a big cost to run couple machines at most. Also charging 10% from people for providing this type of service seems too much, 2.5% or so would be more understandable but %10 seems a lot.

But, that will be no guarantee that what we are getting through various sources are correct and reliable information or not. Because now a days, scammers are turning so smart and making up everything a perfect look like. In my experience, investing into new coins/tokens must be a gambling because almost we are investing blindly even after doing hours of due diligence. Because, this industry is turning like that and cannot be making sure that we are handling things under safer hands at any point of time too.

The only thing we can be sure about just having calculated risk like we are investing only with affordable amounts and we are ready to wait for months to years. Analyzing potential of the coin is becoming a too difficult job hence we need to act in different ways.

Because, bitcoin was meant to be the globalization of money, we have dollar that is american money, we have euro that is European countries money, pound for UK and many others, bitcoin would have been the common money for everyone in the world, that is a huge step forward for everyone because sending or receiving money from anywhere in the world was a hassle before bitcoin was created, you would have to spend so much money and effort to send people money, now you can send just couple bucks with couple clicks and you send money to someone on the other side of the world.

That would allow people to have a more global approach to money which would allow them to be in the same playing field as the rich people who never had trouble transferring money anywhere they want because it was above a million dollars and banks do no give troubles to people with millions.

If you have millions of dollars in your bank account bank gives you incentives to use their banks, if you have under 20 dollars in your bank account ATM's tell you to see a teller, that is what bitcoin stops, it gives you the same rights as whales.

I think the problem lies when people call everything a bull and a bear. Bull and bear only applies if the price moves a lot, if the price is $4k and than goes to $20k that is certainly a bull run, even if it goes as much as $7k its a bull run, however if it moves from $3.4k to $4k thats not a bull run, that is just the regular movements of bitcoin that is quite common.

It also applies exactly the same for bear run as well, when it dropped from $20k to $4k that was a bear run, hell even the drop from $6.5k to $4k was a bear run but price dropping from $4k to $3.4k is not a bear run.

When you realize this fact you start to realize the biggest difference because it is required to have a huge difference in price to be on the bull or bear run and you will know the difference during that huge price change moments, these small changes happen all the time but those huge changes happens only few times a year.

You just have to change your mindset in order to actually let alone stress due to bear market but learn to love bear market.
Now, I know buying bitcoin and than selling it at a higher price is the thing we all love to do and would love to see bitcoin go to a million dollars each and so forth, however that is also impossible. However you if you learn to love bear market and realize that we need lows as much as we need highs you will realize its best time to buy bitcoin when its low and than sell it when it goes up.

Price was just $3400 couple weeks ago and it hit above $4k once again, now its under $4k and people think bitcoin is going to zero again, instead of stressing about the drop focus on the fact that you could have made a lot of profit if you bought at 3.4 and sold it at $4.1k , that will make you feel a lot better about it.

Machine to machine is still looooong way to go, we are not remotely there. It was made for humans but also it was made for humans who are having hard times financially to close the gap between them and the rich, if you are a rich whale that is interested in bitcoin you are doing something counterproductive for bitcoin to begin with.

Bitcoin was created after 2008 (well was worked on until that moment as well) because it was literally for people who believed 800 billion dollars printed out to pay bonuses for CEO's who destroyed the economy was wrong, like literally giving themselves bonus for destroying economies of countries let alone only their own customers. That is why we have bitcoin, so we can prevent that type of problems and thats why it was built for "humans" and not corporations.

You mean your target price not yet reached or something else ? It is a very usual thing in trading and I must welcome you to the world of trading frustrations. DO not worry over the time, you will get practiced to these frustrations and you may slowly start seeing profits. Yes, trading is always a big test for our patience. Your orders will not get executed at your expected pace but at markets's own wish and timing.

When you choose a highly reputed asset or simply a highly daily volume producing asset, you may simply go for waiting and market will recover sooner or later. This way I was enforced to wait for weeks but I have other reserved capitals to continue my trading to achieve my weekly targets.

Walls mean nothing at all, when there is a wall in bitcoin at 3.4 thousand dollars that would mean the price should not go under that but when the price gets close suddenly that wall is at 2.9 thousand dollars, I have seen from 20 thousand dollars price to this day whenever there was a wall that was "impossible to break" either going up or going down it was always super easy to break because the wall itself disappeared.

People think walls are there will prevent something huge but in reality walls are not there permanently they are there for the show and it will always go away before buyers/sellers have a shot at breaking the wall themselves. They are way ahead of what it suppose to be, they do not allow their own walls to be broken so they just run away instead of trying to keep or sustain the price.

I am still shocked how crypto friendly japan is, I mean considering the first ever huge "hack" happened to mt.gox. Dude was running his company from Japan and he was literally stealing thousands of bitcoins probably worth over a billion dollars now bringing a lot of attention to japan in a bad manner and Japan still favors crypto all the same. If something like that happened in my country I can promise you people would cry foul all day all the time and the government would ban all crypto just because of one persons misconduct.

I am not overreacting literally games have been banned because people scammed people on that game, one online mmorpg has been banned in our country because there was this organized crime team that stole peoples in game money and than sold it for real cash somewhere.

The increase wasn't like in a week neither, look at how it increased there is a huge bump in the price increase as well, maybe it did a small amount of increase afterwards as well but it wasn't a total slowly increase neither, than of course just like how fast it increased it also decreased as well. So, it is unfair to call it a slow 5 days of green ended in 5 hours, its unreasonable and a big lie, the huge increase that happened in an hour was gone in an hour as well, whatever happened in between was just the small movements that had nothing to do with it.

Price of bitcoin will always be moody, it better be in everyone's mind and I hope everyone gets used to it but you will not see a bitcoin that resembles stablecoin, it will always have ups and downs no matter how sad it makes us while going down.

That wouldn't be shocking at all. Bitcoin always goes up and down, that is what bitcoin has done since it has started, this is not a marginal school of thought neither its just $3700 to begin with so why would that be news worthy to begin with.

Bitcoin was about around $3400 just a week ago or so, that means we have moved from $3400 to $4000 pretty quickly, moving under $3000 would have been a news worthy thing or going above $4500 would have been news worthy but moving to $3700 would be something everyone could expect and accept.

It is not in our intention to see bitcoin fall and we hope it always goes up and never drops but in reality that is not the case and we fail to calculate the fact that bitcoin is speculative so there needs to be ups and downs in order for traders to take profits and reenter the game.

I think they are trying to make money from the bots. It is not quite common and it rarely happens but I know two cases where bots made huge mistakes and the market was cleaned off by the auto traders and many people made a ton of money. One was for ethereum that I remember where people were capable of selling fractions of eth for tens of bitcoin because the bot didn't know when to stop or how to stop and then destroyed the owners wallet by buying the whole market.

I don't remember the other coin but I know it happened at least one more time and I saw it but forgot which coin it was. So, these people put that type of weird orders out there so they could get the money from the bot in case something like that ever happens, and it will eventually happen, it is not a common thing but its not one time deal neither, it happens rarely but it still happens so they will make money from that.

Paper bitcoin could get attention in the long run if you work on it and promote it well enough but there is already a non-paper bitcoin around that we can use however we want without the legal loopholes that riches use to manipulate the regular traditional money.

So, with your logic yes new people can fall over heels for paper bitcoin but also at the same time we are not going anywhere anytime soon so we will not use it and we are smarter than them on what the benefits are for not using and what benefits are for using it and we know benefits of not using outweighs the benefits of using it so we will spread that knowledge to new people as well. Your logic can only be sustained if there were no more people who already know what the difference is, but we are not leaving so it can't happen anytime soon.

Who hates discounts or cashback ? Unfortunately in my country we do not have any big stores/sites to accept bitcoins but for fiats itself  we are able to enjoy some discounts and cashback. I guess bestbuy is available in my country but never got chances to check whether I am able to pay them with cryptos. I do see you are developing some new projects in the name of rewards.com which will be targeting world wide customers or only for few countries ?

OP has mentioned about Rewards.com but you are referring something other services or is it just a typo  ?

I believe money out of thin air is always an issue, if its just money that could not be turned to cash and can only be used to buy and sell stuff than at what point it stops being a token and becomes money itself, money is used to buy and sell stuff as well, what else do we do with it. So, you are suggesting a bitcoin that can't be turned to dollars but still have a dollar value. That would decrease the value of it a lot and would have to spend too much of it to buy something.

I think the idea behind is sweet and I understand where it comes from but universal basic income is more in this alley than a new blockchain project. I know we are not there remotely close to what universal basic income could be because even minimum wage is not enough for people but that is going to help out a lot of people when governments start doing it.

It is just creating awareness man, it can't hurt. I mean its not a huge deal, it would have been a big deal if it was 5 years ago, but right now whenever you ask someone if they know what "bitcoin is" they usually do, they are aware of its existence.
5 years ago when I first started to actually make some decent money thanks to bitcoin I wasn't really getting through to people, I was trying to tell them how I make my money and what bitcoin is and most of the time they didn't know what it was.

Today even elderly people (not like 80+ but more like 50+ types) now what bitcoin is. Hell my father who is 60 years old called me up about some news he found about bitcoin online. That's why the app icon is not really a huge deal but its always better to have that than not have it.

Jesus Christ look at JP Morgan there. I knew bank of america was huge and I knew HSBC was huge but I really didn't had any idea jJP Morgan was that huge.

I mean I believed they were just an investment company, didn't even know they had "bank" things, like do they allow you to take out loans from them? do they have credit cards? Are they like a regular bank ? I don't know if they are like that or not but beating out all those "banks" and being at the top is a good huge accomplishment for them.

Coinbase seems like the closes right now but I think binance will pass them quite soon, hell maybe they already have after this chart was made, they are getting bigger and bigger, bitmex too. Coinbase is probably just wash trading and fake volume that supports these charts.

I doubt we will ever beat those banks one day but if you look at the bitcoins out there in the world and calculate how much people own than you will see we fight back a lot more than this. So, maybe we need a bitcoin wallets vs banks.

No they are not backed by calculations made by asic miners in the world.
Altcoins are backed by the project itself, the idea worth money and that is what we are willing to pay for.

People buy bitcoins because they want to buy something with it, they buy bitcoin because they feel the price will go up, people buy bitcoin because they want to send money to someone and it costs too much with western union. Basically bitcoin has utility that people are willing to pay for and that is why it has a price.

Ethereum is just like the same, people want to play games on dapp so they buy it, people want to use the blockchain to create ICO so they buy it (and fund the ICO) people want to use the blockchain to improve a identity government branch so they buy it. Basically all coins have some utility and their price reflects that utility for it or the support of people for that coin.

Well, honestly I would try to explain to you but I don't know if you would even believe me. Bitcoin is the original coin and we all know what bitcoin is, we love it, we use it, buy it, sell it and generally happy with it. Bitcoin cash was created back in the day (couple years ago) because some miners realized if you do segwith or lightning network into reality than the miners wouldn't make enough money from transaction fees so they created their own coins that allowed the transactions to be fast enough but still made miners more money.

Instead of cheaper and quicker blocks they made a coin that made bigger blocks so it would still be quicker but allowed people to pay fees in bulk. That is why bitcoin cash was created, than some crazy wacko came up and said he is the real satoshi and wanted to turn bitcoin cash into his own coin but failed so we now have bitcoin sv as well.