No specific date has been set, but it wouldn't surprise me if they would give people a whole month to withdraw their funds once trading and deposits are no longer an accessible feature.

By keeping the time frame at which people can withdraw their funds as tight as possible, Binance knows that there will be a relatively large group of traders that will lose their coins for ever because they will find out about this too late.

It's debatable whether or not it's people's own fault for not keeping up to date with everything that's happening within the crypto world, but it is unfortunate either way. Binance thanks you for your donation.

We didn't need Bakkt in the past and don't need it in the future. Bakkt is a professional institution-- they have tricked the public into thinking that they would be launching multiple times without an approval in the pocket.

I call that an attempt to manipulate the price. Just after we broke the $6000 mark last year they yet again announced that they wouldn't be going live any time soon, and the price then took another dive to fall below the $4000 mark.

As for the impact of Bakkt on Bitcoin, I doubt it will be generating much volume. It will be similar to LedgerX that people seem to be hyped up about, but only does like $40-$50 million in volume per month.

It's much easier for retailers to use Coinbase or CashApp to buy Bitcoin. What do they need Bakkt for? There are plenty of derivative exchanges available already. Institutions will stick to CME.

Historically the price has gone up before the block halving, then followed either by stagnation or a dump the first few months after the halving. Unless there is a catalyst that makes the price go up a lot, I can't see it do so without it.

I have been following the correlation between Litecoin and Bitcoin's price movements this year, and the similarities are striking. Bitcoin does what Litecoin does but with a two'ish month delay.

Litecoin's chart looks extremely bearish after breaking major support levels downwards, and from the looks, so is Bitcoin currently following a bearish trajectory with a descending triangle that's going to break out this or next month.

Regardless of how I dislike China, I would never order anyone to participate in a bank run. It's literally similar to digging your own grave because of how integrated banks are in the economy.

I would just stick to recommending people to put a portion of their savings into Bitcoin, which is similar to saying 'fuck you bank', but without the drama that comes with a bank run. Be careful what you wish for.

More realistically speaking, it's very unlikely that we'll see people participate in a bank run aside from a few who think withdrawing their money will lead to anything. You still have to pay your bills, receive your salary, etc.

A company with toxic backers is a better way to phrase it. I would love to figure out what Roger and Bitmain's stake in the company is. It definitely isn't below the 50% mark collectively, otherwise they wouldn't be this authoritative.

They will do just about enough to remain compliant-- knowing how anti government Roger is, it will not be more than that. This scammer values his own ego above the success of the company he helped grow out this large.

I'm waiting for the day his shitcoin dot com site launches its own payment gateway that works similar to how BTCPay works. It's a product in line with the rest of his recently launched products and services.

I expected that the terrible reputation they have had for years would have been more of a motivating factor to ditch them, or not join them to begin with. Terrible communication wouldn't be as bad if it was just that.

It's going to be interesting to see how long that campaign will be running before the admins step in once again. Not accepting newbies>full members doesn't change much when there are thousands of +senior member accounts in circulation.

BitMEX isn't allowing you to trade fiat. All they offer are derivatives that you settle and cash out in Bitcoin. Their only relation to fiat is that they fetch data from 3 actual fiat exchanges so that that have an average to work with.

Another thing is that BitMEX requires some understanding of how that platform works and the fees you are subject to, which may end up costing you a lot. Too many variables to pay attention to for most average people here.

Then we don't know what the result is of the CFTC probe against them. I wouldn't want to expose myself to the risk of them locking all user funds when the CFTC demands so. Better safe than sorry.

I'm less optimistic about the time frames people think Bitcoin will reach $100k and beyond. It will only get more difficult to maintain prices the higher we climb up therefore aim at 2030 to have tested the $100k mark.

The price won't continue to go through the same parabolic bull phases endlessly. I'm not ruling out a multi (5ish) year bear market after a decade of constant price appreciation. One more crazy run and the genie is out of the bottle.

People might think I'm bearish but that's not the case. It's just a different (more realistic) opinion which probably won't be received well by the countless moon boys here. Can't please everybody.

I don't think many take them serious enough to consider it a short the news event. People are looking at the block halving and expect it to result in a massive pump, now that's what I call a short the news event.

Sure, the block halving dump will very likely be short-lived, but brutal enough to wipe out positions of those who aren't strong enough to withstand this market's brutality.  People expect the moon but will face something else.

Bakkt has become a meme. They need to prove being a platform that provides a useful enough product. Most institutions are already on CME's platform and don't care about physically settled futures.

This is exactly what is wrong with most of the laws-- the law makers are entirely different and do not resemble the regular folks to which these laws apply. We are peasants to them. They stand above us.

Donald Trump isn't anything but a muppet. The US has been in favor of denuclearization of Iran well before he even came into the picture as presidential candidate. It's a circus show for us regular folks to believe....

No matter how much pressure the US is exercising on Iran, nothing will prevent them from being able to build a nuclear weapon, which they might already have in full working state.

I admire their journey and honesty, but without the proper finances it's a gamble regardless of the problems they try to solve, therefore I don't rule out that they eventually will come up with a token to boost their finances.

Another possibility is that they receive donations from the community, but for that to happen you need to deliver at least something. It's not enough to work on something that we all like when it doesn't grow further than just an idea.

I understand the dislike of projects launching tokens left and right, but that at least motivates them to deliver and keep working. We have seen how the bear market bankrupted hundreds of projects because they were broke.

I actually do take them serious because they function as counter indicator. If the big players are telling you that the price will increase and you should invest, you should expect the price to plummet, which it yet again did.

Goldman Sachs came out with their relatively bullish prediction some days ago, which should be something that raises questions. Since when are these wall street banks bullish on Bitcoin? Probably only when they want to sell.

Tom Lee has surprisingly been quiet for a while now. I would have expected him to come up with a bullish market analysis by now, especially with how active the market is.

Bitcoin will never be regulated. The centralized exchanges where the market making happens can be and are already regulated. Coinbase is the center of the crypto world and one of the most regulated exchanges.

It's an exchange where price discovery happens and there is no manipulation happening over there. I'm sure that Coinbase as prestigious as they are monitor trading activity closely every single second they are operational.

If there is any manipulation (which is very difficult to actually prove), it's likely happening on non regulated shitcoin exchanges that do not have much weight in terms of price discovery.

The pumps and dumps we see are normal considering that there isn't much that backs up Bitcoin and other cryptos value wise. It's all speculation where making money is the main incentive for people to be here.

US tax laws are very strict. Bitcoin to altcoin trades are taxable events. You spending your Bitcoin is a taxable event as well. It's not a surprise that with such tax laws people mess up left and right.

I'm pretty sure that if spending Bitcoin was exempted from taxation people would be more willing to use their coins as money. It's not only more convenient but also offers a tax advantage because people can spend coins instead of selling higher to fiat and pay tax.

We can only hope that governments wake up and finally start to implement some important changes. It helps making things simpler for them as well because there is less chance for people to mess up and complain to them.

Not a surprise at all, but we'll have to see if it is sustainable, and where this demand is coming from. If the situation there calms down a bit and the demand falls back to regular volume levels, we know it was just a blip.

Then we have to ask ourselves what these coins are used for. If it's just a tool to move value between countries and have it converted back to fiat, then this specific form of use won't really add much value long term speaking.

Either way, it doesn't change anything from the fact that Bitcoin allows them to move value from one country to another. Who knows what would happen if they tried the same with fiat with how pressing the situation is there.

It's not so much that most people purposely evade taxation, but because of Bitcoin they have a better understanding of economics, which makes them rethink the whole purpose of taxation.

I'm all for people paying tax over their profits, which I do as well, but some tax laws reek of legal theft. An example is being taxed over wealth that isn't being utilized. I can't think of anything that justifies the government to do this.

I can perfectly understand that thanks to Bitcoin people's holdings can easily be stored outside the baking system and therefore they choose to not declare anything of their long term hodl stack.

I today read that they -allegedly- have started selling before we started going down from $12k to where we are right now. Why hasn't this been in the news before? It's probably just some fud to drive prices lower.

If these scammers were really selling, exchanges would have frozen their accounts and balances already, unless they purposely allow them to sell, but that's highly unlikely since exchanges don't like losing that much fiat liquidity.

In other words, we're experiencing a technical sell-off. We hit the descending resistance days ago and now we're about to, or have already hit the bottom of the ascending support. Today's close will matter.

I don't think privacy coins are suffering from problems, but it's more so that not many are willing to accept them with how it becomes more difficult to convert them back to actual dollars.

Another aspect that contributes to lower popularity of privacy coins and altcoins in general, is that most reputable platforms now require you to verify yourself. People for that reason are less interested in accepting altcoins.

Bitcoin is the household brand that everybody knows and is the easiest crypto to convert to actual dollars without touching an exchange. For most people there is always enough liquidity to exit, which can't be said about altcoins.

I'm not sure how these people work around the poor privacy of Bitcoin, but the most likely route seems indeed the use of a mixer.

It helps a small group of people as store of value, just like how it does so in other countries with stronger fiat currencies. What really helps them is the dollar because of its store of value characteristics and easy to spend nature.

One dollar notes are a commodity on their own in shaky countries. Aside from increased (very likely speculative) demand on LBC there is nothing really indicating that people there are interested in Bitcoin.

Don't get me wrong, I would have loved to see Bitcoin gain more actual adoption as store of value and currency, but people tend to read an increased demand on platforms such as LBC way too far. I need to see metrics based on actual use.

Bitcoin was presented as an alternative payment solution where you no longer need a centralized entity such as a bank for example. As far as I'm aware of, nothing (directly at least) was said about wealth inequality.

People have given the reason for Bitcoin to exist their own flavor by saying that it is invented to replace fiat, banks, governments, etc, but that's just not realistic, and deep down they know that too.

Bitcoin has turned into a store of value thingy with little to no respect to actual payments anymore. The market doesn't seem to care looking at how it keeps hitting higher highs so you fundamentally don't need anything else.