No one's barring anyone from making such bold and outlandish predictions that's why these people are trying to make such lavish claims in order to stay relevant. Tommy Lee is a great investor, no doubt about it, but everything he says about bitcoin markets are either turning into a flop or goes the opposite of what he 'expects' the market to do. John McAfee is nothing sort of a deranged guy who would whore his handles for the money. In reality though, anyone can make predictions out of thin air, draw some lines on graphs and say something technical to prove their points, but the market decides which way it goes and does not follow any predictions of any people--be it prominent or just the normal Joe--so it's best to avoid using these predictions as a basis for your trades and taking positions.

It is, though be warned that you don't have the control on your funds when it's already on Coinbase, so if a hack ensues and the said exchange is targeted, your funds might be a goner, nada. They are trusted on this community for a long time now and they haven't pulled the Gox on everyone so I think you can leave your funds there, provided that this is not your life savings that we're talking about.

It could be about bitcoin's similarity to the internet on 1994. It's not much, only a few organizations are using it and not really targeting consumers head-on but it went on to become a bigger entity until everyone knows it and use it. I agree that the avenues in which bitcoin is traversing right now is very limited, but as people realize the need for the said tech, it would boom like the internet, and would be integrated into things and places whenever and wherever possible.

The answer is not necessarily bitcoin IMO but anarchy, or deviation from the current system that we are using (though we're yet to find or establish a viable one). I don't see how bitcoin tackles this so-called 'banking cartels' head-on, as these guys can just buy all bitcoins they want and end the competition. It can, at first, cause nuisance to the bankers but as time goes by--knowing how much money these people control--they can just get fed up and manipulate the shit out of bitcoin for people to not touch it anymore. Idk, but bitcoin isn't just going to make the cut on ending banks, but it's a good start.

One or two isn't enough, but they can make a serious damage on the market if their schemes are exploited too hard. Knowing the markets now, it would be quite a difficult task to achieve the level of manipulation in which the prices would sway on their desired direction due to the number of new players in the market participating in their schemes. But then again they have deep pockets, and they can simply create supply and demand at will if they so do wish.

I think that the crash was very much needed given that the rise isn't really organic in any way. Everyone thought that the rise to $19k was somewhat strong and would hold while most people are already on the sell-side of things just waiting for the go signal before they offload their assets. Needless to say, only the delusional perma-bulls believed that we can still make a push, and they are the same ones who learned a grim lesson which is costly to say the least. What comes up must come down, and they thought bitcoin was 'too big to fail' until it fell right before their eyes.

They still give out loans on this forum AFAIK as long as you have the right collateral, they will approve your loans fast. Idk if BTCJam is still handing out loans but the last time I heard of them was 2017, and I don't know if their operations cease to exist by now. Just keep in mind that you need to at least have a valuable collateral in case you cannot pay for the loan or you have defaulted on the loan out of your own terms or reasons. No one will trust you if you don't have your collateral.

I've no objections on that whatsoever, knowing that that was the year when bitcoin recently came to the forums and troll boxes. Also, during that time, no one really uses or know what bitcoin even is. IMO, when bitcoin is reaching new highs, people would surely be questioning its viability as we clearly haven't been to those ranges before, and we don't know whether we'll be able to penetrate further, or at least maintain our footing for long.

First off, bitcoin is not a business. It's a P2P digital currency with the element of trust removed from its workings. It has no business plan and no central authority controls it (or will ever control it) as everything is decided by consensus from the network of decentealized machines. No one is responsible for the losses of people trading it except themselves. Unlike businesses, bitcoin's goal is to just help the masses achieve financial freedom, especially from the banks and the governments. Its goal is not to make everyone rich, as opposed to some people's PoV about bitcoin.

Made me curious about this one so I thought having a look at nodes over Asia would do. One of my mates told me that there are tons of operational nodes at the time of this writing, and it could probably just be on your end that's why you're having trouble finding peers or connecting to one. It would be improbable for nodes to close even though the world is on a holiday. This does not happen before and wouldn't be happening in the future, too.

Worth noting is the lack of actual use-case for bitcoin since there aren't much places to spend your lovely bitcoins. Should there be a lot of places to spend, see how the amount of market growth follows and volatility reduced. We need to at least spread bitcoins to a lot of people too, so that the risk of manipulation is lessened and not easily be gamed by whales and opportunist traders.

It's bound to happen given that the blow on the cryptomarket is insanely harsh. That's what's hard on an extremely volatile market, you'll never know when it will crash. Also, for a company as big as BITMAIN, they surely didn't expect bitcoin to fall that steep, and as such they kept on expanding like crazy, at a dangerous rate without assessing risks.

Once the market rises again, I guess they can just work their way around with the employees they have an expand slowly but surely.

We won't know until the platform is live, but I'm inclined to think that there would indeed be some sort of manipulation that will happen just like the previous platforms that went live. While regulatory committees and bodies aim to subdue market manipulators, they can still get things done and be unnoticed in the midst of all the organic trades that are happening around them, so Bakkt IMO isn't a platform where manipulation would cease to exist--even future platforms IMO would have its own manipulative entitie and this will not be resolved any time soon.

Why the strikeouts? Anyways, it's about high time that exchanges move their assets over more secure infrastructures in order to prevent hacks in the future. We all know how hacks affect the movement of the market, and we don't want another Gox to happen too in which it took over 4 years of negotiations and legal pursuits just to reclaim the funds lost. As for the 'largest' migration, I think it is since I haven't stumbled upon any articles regarding the migration of billions of $ worth of crypto from an entity or exchange.

And those numbers too. It's awe-inspiring how a single exchange can have that amount of money and market control on their arsenal.

Bitcoin is actually exhibiting signs of a bubble. It has its inflated and deflated state, and right now we are at its deflated state since it keeps on losing its value from its ATH. It will inflate once more if the price continues to be pumped, and afterwards expect it to 'pop' since correction will take place, and obviously it will lose its value just like a normal bubble would. This does not come only from those who lost their investments but also from keen observers who know what a bubble is.

The video centers more on digital payments spearheaded by banks and financial groups but the essence of being 'cashless' is there. In some places, establishments are already implementing a strict no-cash payments, so it might start small on some businesses but cash wouldn't be replaced or removed for a decade or so, I'd say. Seeing that this world has turned into a fast-paced environment, using physical money would take a longer time than scanning a QR code and let the machines do the work, but then it opens up a room for potential vulnerabilities and such that could easily make things worse for those avid fans of scan-to-pay methods.

We are transforming into a world of digitization, and it's no surprise that one day we might not be using cash as we know it as most of our money would be held in databases and can only be accessed using smartphones.

Most are probably on their 30s and 40s, especially those with prior interests in cryptography and a digital cash system (Nick Szabo, Hal Finney and others, just to name a few). While the majority of those with interests in crypto are in their 20s, it's undeniable that those whales are somewhat older, due to their money and experience in the field. It'll be cool to know the demographics of bitcoin users but then again, that goes against 'privacy' and some statistics regarding age groups of bitcoin users may somewhat be unreliable.

I'm also inclined to think that this is just pure manipulation at play and no real movement from the bulls are happening. We can go sub-$3000 for all we know just like how we went to $3100 from a $4000 footing just a few weeks ago. As for BITMAIN, they're just doing their thing to stay afloat and relevant amid the blows it took when the price crashwd hard. You got to keep a headstrong mindset if you want to bounce back, and going IPO is the way to go, at least for them.

There were quite a few good educational sites back in 2014 that I happened to frequent on and one of them is CoinLearn. I don't know if it still exists but on that site, you get to chat with other 'learners' discussing things about bitcoin and crypto in general while also being rewarded just for being active. For me, you don't really have to pay for these lessons, or seek for 'lessons that pay' if you really want to know about crypto. A simple research IMO is already sufficient to enrich one's knowledge without the false promise of getting something in return. These promotions are just like free trials that asks for your credit card that will bill you once the free trial is expired.

Buying in to the crypto market using stablecoins is one thing, but apparently more and more money is flowing into crypto via OTC trading, and that's what's more interesting. $174-M is a small amount on the grander scheme of things, especially in a $100-B market cap of cryptocurrencies, but that doesn't mean it won't make any difference. People who want to stay safe whilst diving into the world of cryptocurrencies would look at stablecoins, and these coins might be the tools that could potentially trigger another bull run and at the same time, a catalyst for a massive crash should something 'fishy' happens in the future (hacks and the likes).