I am pretty sure they have been seeing that alternative for a while and they have been getting in with the hope of regulations in the future before they even start declaring their adoptions.

Moreover, I know for one thing, the institutions are here already, either on a large scale or on a small scale, no one can tell yet, but institutions always look for a market as long as it is profitable for them, and for this non-regulated decentralized space, I can bet my last bitcoin that they are so much in it that they are stashing up hugely for the future which is why any smart person today will try as much as possible to get their hands on the little they can.

Forget Mike, he has made predictions in the past that never came into reality and I would not even bat a lid on someone who is trying to give some predictions like he sees the future. The fact remains that these guys are just speculators who want to keep gaining recognition.

No one knows what tomorrow holds, what is important is to take advantage of now, make trend your best friend and you will always be fine. Mike Novogratz prediction just like someone said is just a prediction and that is something he made up from his own thoughts based on what he would want to see happen, but it is just a prediction either ways.

Obviously, there is no trend that would come and would not eventually fade off in the long run.
So far, we have seen the way the market generally has been behaving towards the bull side and the bears already weak to even drive it down lower.

Nothing can be guaranteed yet absolutely, but the optimism is there coupled with the fact that the fourth quarter has always been bullish over the years, and we might hope for the same thing as well this year. Like you said, market is always bound to recover at some point, we cannot know it, but certainly we can be hopeful for it, but with the way things are going, I would rather be hopeful and buy the dips.

Yeah! You should!! If you do not, the chances of seeing yourself getting ruined and having nothing, while wasting all the productive stage of your years into gambling and fighting addiction is going to be there waiting for you. Beginners luck is just something I believe some may have just cooked up in their own imagination, but in reality, there is nothing like beginner's luck.

It is either you are lucky or you are not, and whether as a novice or a regular gambler, the same luck principle applies which is why anyone who really wants to go the gambling way should always have it at the back of their mind that they should try as much as possible to control themselves and not get overwhelmed with making profit from gambling because it won't happen.

So many times, I have seen people not wanting to hear that, but in the real sense, that is just a fact. Gambling is just a game of luck and I wonder why people tend to pay attention on the fact of just winning when they know that losing is actually even more paramount. It is either you are lucky or you are not lucky, and the best is to always set a limit for yourself.

If you win, fine and if you do not, move on! It is as simple as that, but some people, until they get themselves so drained and overwhelmed on the idea of chasing wins and profit from gambling and finding themselves not being able to get out, before they realize they have taken the wrong turn.

Regulation is actually very important and I really would not want to be using a non-regulated exchange anyway considering the risks involved in the long run. I have been using Binance for a while because of the low fees as well as KUCOIN and I have always not regretted it. Although, i still make use of bittrex, but just for some few trades though, but for the fact that bittrex has been in existence for a while, it has stood the test of time and it is regulated is one reason why leaving it for a lower fee exchanges is a bit hard but I guess over time, we will get to see how these other exchanges get to perform.

Who would not want to even choose something they would be so much guaranteed would bring them something substantial in the long run and something they can always depend on as long as they know what they are doing. In gambling, you really do not know what you are doing, as the only thing you will ever do is to play some game and hope that luck would pull through for you and I really wonder why someone would want to live their life on something like that.

For trading, those who are always ready and eager to learn, pay attention to the fact that they need to be able to do it appropriately before even jumping in, will always get the best from it, but it takes process to get there and it is not like something anyone should just hop into, expecting to start making money from it immediately.

People put blame on the whales because they are always looking for someone to blame at the end of the day any which way rather than facing the fact that they lack understanding of the market and really have no knowledge about trading, and instead of just holding 100%, all they do is gamble their positions in the market and the end up seeing themselves lose a lot in the long run. Volatility will always be high as the market is absolutely speculative in nature and until we see some real demand based on usage, it is something everyone should just simply get used to.

People will always panic because they had no understanding of the market, its volatility, the idea of focusing on the long term and forgetting about what you see at the moment and all they care about is how they want to see the market rise so huge in the short term and get rich overnight. The market is highly positive, looking at the market from the onset, it keeps increasing every year, and I really do not expect that at this stage, people should not always focus on the current downtrend but the possible uptrend and the huge demand as well as mass adoption in the future.

2018 is not a bad year, it is just a downtrend which is normal and it is a good year as downtrend tends to give you the chance to buy lower, and I wonder why a lot of people see a problem with that. This is something they should be embracing, but because the market is speculative, prices are driven by speculations and manipulations, people tend to chicken out a lot of the time when they should be taking an advantage.

For what it is worth, I have always had it in mind that before we would probably start seeing some major recovery, it would be within 2020 - 2021 and since people will get greedy as well, I expect to see another rinse and repeat process until finally, we hit the mainstream adoption level.

That last part really got me laughing as I remembered a thread on this forum where someone said that $10 was overpriced and that would mean the end for bitcoin with the way the market is going and here we are trying to find a bottom and testing $6k support several times and even if we go lower, at least, I am certain we won't be as low as where we were few years ago.

People are giving attention to SEC like the market will still not keep growing even without SEC. It has grown over the years and it is even just starting with more growth being imminent and nothing can change that fact, not even SEC.

In the poll, I could not find my speculated value for the time of this December. I expect prices to test the bigger resistance levels of $10k before the new year. I am not ready to listen anyone news sources but believing into this community and bitcoin;s potential to bounce back as usual how it has done in the past.

Right, and for what it is worth, the rate at which some countries are really beginning to embrace the blockchain technology and seeing it as a future is really very interesting and I am sure over time, no country will want to be left out from the equation which is why we will definitely see more countries coming to terms with this.

We have seen a huge bloom over the years, and I believe like you said, we are just starting and there is still so many more interesting development to come in the future. One thing with this space is that, when we start seeing real life cases in terms of usage, then that is when we should really be seeing huge blooms.

You admire him and you hope he will succeed? Maybe you do not even have an idea who Jason Derulo is. He is a pop star who is successful as far as I can tell since his fan base is pretty huge anyway, and I do not see how coming up with a coin is going to help the community to benefit in anyway except to make Jason Derulo richer by deceiving gullible fans into buying his cryptocurrency and this is not something I feel we should be promoting or embracing at all.

We are not saying you should not get your own money, but at least get it in a reasonable legit way.

The year has not even ended yet, so I do not see how anyone would know what would become of bitcoin before the end of the year. We still have about 3 months before wrapping up this year and I believe anything can still happen in the short term, but all the same, it is market and in every market, nothing is guaranteed at all, and all we can just do is to blend with whatever the trend brings at the end of the day. One way or the other, even if does not happen this year, the market trend at some point would change, so I guess all we just need is patience.

Well, it is normal to see people jumping into conclusions based on what they expect from the market, and we see it a lot of times even in real life. It is hard to predict what becomes of anything in the future because that is what no one has power to be able to achieve. We might see some midterm bullish behavior though towards the end of the year, but I would not expect anything so much at all considering the fact that a market is always bound to move as it pleases at every point in time, based on how demand and supply comes to play.

In fact, a lot of people have derailed in their path all in the name of trying to rush things and then instead of taking their time to learn and garner enough experience to be able to do things, they end up flopping. I really love the Warren's quote that you gave and that is how trying to achieve things so fast can always make you end up doing things that at the end of the day will not be productive.

I am not saying short term profit is not possible, but in that case, it is better to learn how to trade the short term trend and be very good at it, rather than just being in a haste looking for a quick means to get rich.

That mindset usually that the unsold tokens will not end up in the pocket of the owners and might make the idea of centralization of the token even come into play, burning it will always give some guarantee to investors as long as burning them also gives a chance of causing an increase in the price of the token quickly when there is an increase in demand. These days, there is always that notion that comes to investors when they realized the team does not have any plan to burn unsold tokens, and that can actually halt their plans to want to invest. So, burning is the best option for both parties like someone rightly said.

Burning unsold tokens leave the investors peaceful that at least the supply of the tokens is controlled and in the long run, the amount of tokens in circulation will obviously affect the price of the token in the long run, and as an investor, you sure want to be able to get rest assured that your investment will quickly pay off in the long run. These days a lot of investors are usually more interested in what happens to unsold tokens and that has made it a criterion in a way for the team to always consider burning them.

The coffee shops used to be the biggest thing about bitcoin that accepted payments yet the high fees and the long waiting (confirmation) times have ruined that and even tho we have segwit now and the fee has dropped significantly with lightning network and the pace is literally lightning fast we need to return back to those coffee shops and tell them it is fixed once again.

I have seen a post on reddit yesterday showing that somewhere in the world there was a coca cola machine that fills your glass with cola for 151 satoshi which uses lightning network so it was fast too, you just read the qr-code and it fills the cup.

Definitely, but however the market is going to go is only going to be known with time.
Usually, there has always been a usual bearish sentiment when it comes to a descending triangle and for now a lot of people are still being cautious how they want to be treating the market at the moment. In my opinion, only price levels will decide about the best year for bitcoins and definitely no other criteria.

Nevertheless, whichever way the market is going to come, I still believe this year is already a great year as it has at least given us the chance to buy more lower and it will take someone who understands the benefit that lurks in the future that would know that buying when everyone is selling is usually the best way to go.

Honestly, I really would not think anyone should ever go so deep on a project without at least trying to confirm the legitimacy of the team first.

I feel so many people discard the importance of a team in a project and one thing they do not understand is that a team with no achievement, nothing to show that they have what it takes will not be able to do anything in the long run except if there is a product to at least show that they have been working and at least the prototype looks good.

If there is no team and there is no product, then there is no need going further in checking other details as there are always other better projects to devote your time to. Everyone will agree that finding a good project now a days has become almost an impossible task to risk for hard earned money and this is the simple reason why many people just opt for cold storage rather than struggling with scammers.

People usually think that once you are already good at technical analysis, it would be easy for you to start predicting accurately the future of the market. If it was that easy like you said, we would all have been rich as traders by now and no knowledgeable trader will even be losing anything at all.

For what it is worth, I can say that as long as you can know what you are doing with your strategy and monitor the trend, while considering the aspect where things can change which is always included in the strategy anyway which is where stop loss comes in, then you will always be fine, but thinking someone would just wake up one day and say; Yeah, this is market is going to pump today, let me get in, is impossible.

Acceptance by the government will not prevent panic trading. Even in every other market, a lot of people still trade out of panic. Usually, panic is bound to arise for someone who never had a plan on how they should be going about the market in the first place as what they are particular about is the profit they want to be getting in the short term.

Market will always fluctuate, whales will always want to shake out the weak hands that have these kind of thoughts and in this process, this is the reason why we end up seeing people joining FOMO and panicking when the market starts dropping to start selling at loss.

Panic would not solve anything, if you have made a mistake in the past, accept it, see how you can do better next time, and then utilize the correction to your mistake to rebalance now.