So far so good, while taking a look back, bitcoin has really shown a better chance as a store of value than so many other assets. As we move ahead and more growth and development keep kicking in, with bitcoin being not just a store of value but the value of it being a currency which is going to be used by most enthusiasts and some of the non-enthusiasts globally, will even make it more worthwhile to hold in the long run.

Higher price is something that is obviously certain in the long run. Store of value along with attractive remunerations are some unbelievable benefits of bitcoins. Some people are expecting bitcoin to hit million dollar levels. So, all we must do as of now, is simply holding. 

Yeah, it has really been some positive moves lately and it is good we are getting to see bitcoin showing some pretty good moves so far. I expect us not to start a quick rally immediately anyway as this may be some time we will get to see bitcoin consolidate for a while. Still trying to see the behavior of the market anyway but it seems the altcoins are ready for a bounce first and if we get to see this happen, it surely will be a sweet ride for the whole market in general.

If you are believing into the surprises from bitcoins then it may happen at any time soon. Get ready for it.

Let us hope it will do quicker than we we could speculate. The momentum with the spikes on the chart is still pretty good but things are looking a bit bearish from my angle right now. Yes, that would not be immediately as we can get to see bitcoin making this move in coming weeks. I do not know why I am still not convinced yet that we are about to enter a bull market, which I feel mostly that the bears are really somewhere around the corner.

Only those who are mature enough to ride the roller coaster may end up making big returns with bitcoins. Making good return is not an easy task for all of us, we all need to bear the losses until prices do the recovery process. Hopefully, bitcoin will start another marvelous bullish ride in very quick time itself.

Since it is a market and someone is falling for it to buy it, then it is just dead coins switching hands and someone else could have stupidly transacted a dead coin. It is a free world, an open market and everyone is auctioning what they have and I see nothing unethical there.

Anyone who is buying a coin and decided not to do some research before doing so, obviously should have themselves to blame. As long as you are not deceiving or imposing anything on anyone, I do not see anything bad there.

Why should anyone even been doing binary trades in this day and age? Why should you be betting on a price when you can just decide to trade on your own and make the best of every situation? Trading on its own is risky, then binary trade is even a whole lot more risky than anyone would imagine. Even if anyone wants to do that, is it not better to at least have some knowledge on how to trade first before even trying to consider going that path?

Anyone who wants to trade and ready to learn should be able to do research to see how they can learn, otherwise they are not serious. Google is there for everyone, when I saw that trading is a way to get a good position in this market, I was not going around saying I want to learn, and I took action and started doing research. There are so many websites to get resources from to know what to be able to do at every point in time.

We already made the first move above $700, so I believe we should be able to go test the $1000 to $1200 region pretty soon when the whole rally starts breaking out. A small correction is going on a little bit in the whole market right now, so it would actually be good to wait it out and see how things end up unfolding in a matter of time.

EOS on the other hand has really been going nonstop for a while now and it is still looking unstoppable. Looking forward to how the whole market ends up playing out by next week.

Investors are still buying bitcoin as it is, so I beg to differ on what you have just said. As long as the market is going down, some are still buying and only those who are weak are usually the ones who bail out. This is how it works, it is a speculative market and it is always going to be easy for whales to have sweet moments.

Price is driven up to catch the greedy ones, and then it drops hugely just to get the weak ones out. As long as you understand all this, you will not be bothered.

Yeah, I guess that would be more of the advantages it would bring anyway. I still wonder why a lot of people are against regulation since it does not really affect anyone in anyway except for those who are going to be doing some fiat related exchange with bitcoin. KYC would become a norm in most exchanges like we already have in most of the US based exchanges and this is just a way for government to monitor some shady movements anyway and it changes nothing with our normal P2P way of transacting.

Altcoins are basically for the short term profit and the FOMOs that some big investors are always looking forward to. Most of the people who have seen the way the altcoins have always behaved usually end up making profit on them once they start having their bull runs and looking forward to put them into bitcoin instead to maintain that huge level of profit in the long run since the timing in the market is usually that way. As bitcoin consolidates, altcoins rises and vice versa.

But last year both altcoins and bitcoin showed rising simultaneously, at those time day trading either one must be a good choice. But we should not trade one in a similar way how we do trade other one. We must have day trading plans separately for both altcoins and bitcoins.

Apparently, if he has a strategy of selling or trading the market generally, he should just stick to it.
If he is looking out to take advantage of the huge FOMOs, then he should be considering some long term holding and trading and not the day or short term trading.

No one can know when a market can get pumped, but the best is never to get greedy as long as you have made some good profit, otherwise, unless he wants to start considering new strategies.

I have really never seen a new investor who has never come into the crypto world first without bitcoin being the first digital currency they must have heard of but apparently saw some other opportunities and decided to invest in them as well.

We are actually getting to that stage where cryptocurrency will get regulated and we may see some little bit of support from the government to ensure a good growth phase. Looking at how the bigger players have been showing interest though, I am sure cryptocurrency space is gradually hitting that level.

It has really been a huge problem globally and sometime I wonder what could really be the major cause of things like this. Like you said, the only best way obviously is to rally round to get all these paid but looking at the way some people have self-inflicted themselves with debt, one would wonder if they were trying to live more than what comes in for them or they just have this nonchalant way of spending.

The best way to always avoid loan is to live with what you get exactly and always draw up a budget to make sure you are really not doing your pocket any harm in the long run.

The thing especially with using an exchange to do transaction is that your name and details are already attached to your accounts and all the wallets you generate are as well. It is not a stage we are not prepared for anyway, as we cannot expect the government to keep quiet on the idea of laundering.

If you start doing something fishy within the exchange, what they are looking for is to be able to tag those activities and question it, which is where the whole idea of regulation kicks in. But multi accounts and few kind of malfunctionings are not new just due to cryptocurrencies. But, government may understand this not in near future unfortunately.

What does mining bitcoin has to do with anything here ? Moreover, who said the world is dead of natural resources ?
The problem we have always had with the world economy is how they have used centralization to screw everything up right from the beginning and with bitcoin being decentralized, it is going to be solving a lot of things in the long run, most especially the masses who are able to see the main bullshit from the government right from the onset.

If we look into the past, mots of the times the world economy seemed like slowing down but some new innovations had stirred up the economy by providing new employment opportunities. From these, this time bitcoin may become another resources to provide such a stir up if whales come up with any new business ideas.

I would not say they are not interested. I would rather say they are just too scared to take some certain risk and that is the major problem a whole lot of them always end up having. The inability to want to take some certain risk in life is what has differentiated those who invested earlier and some who heard about it and decided not to do anything and this is a cycle that would keep on going until we get to the laggard stage of adoption.

Ignorance may lead to big regret too. If we check across this forum, we can see many people are crying for their ignorance by the years 2010 or 2011. I must be one of them.

We are not whales, so assume this to be our imagination. They have enough money to accumulate as much as they can during a deep correction and from then on, they try as much as possible to instigate some potential market trying to move up and in that case, you start seeing traders and some few people who do not even have any knowledge of trading trying to get in, gradually, however they want the price to move, they give the signs and then they profit a lot from that whereas they recycle it until they keep getting more and more.

I think you can be the enemy to yourself when it comes to this. I don’t know how to put it but I think the enemy here is outcome, cause I don’t think anyone here would make a decision to end up as a failure, all we want is to win and make profit. You’re never happy when you lose money in this, nobody is happy, no matter how much you pretend or fight it, you will still be unhappy after you lose money in trading.

As for gambling, I don’t think I can risk gambling with my money. Trading is way more different from gambling, they are both not the same. By the way, I think when it comes to trading the enemy is the market, cause it puts you against the market; if you win you take from the market and if you lose the market takes what belongs to you. So YES, market is the enemy and not you yourself. Stop confusing people.

That is it, who really cares ? Moreover, I wonder why a lot of people are concerned with the true bottom. If bitcoin wants to bottom out the more, then that makes the future even better as I will sure be loading up more.

I thought we are here for the long term, but I feel the extent at which a lot of people are taking the short term seriously, is one of the causes why we always have a lot of weak hands and those who will always join FOMO. The value is still looking good when compared to previous years and to me that is all that matters.

Yeah, and something that was expected anyway. With this, I believe we should go build the momentum to see if the $10k spot can be tested and if we can actually move past it. People are always in haste since it is the main reason why a lot of them have always been involved in get rich quick schemes anyway and they thought with bitcoin they would be able to get the same thing.

I can see why it is always going to be easy for the whales to manipulate the market to their advantage always.

Market will not even move up in just one day and those who are enjoying huge profits in bitcoin till date held for years before they can even stand to say they are really enjoying anything in this space which is one thing so many people are really not getting here and all they want is to wake up one night and expect bitcoin to get to $1m without even having some fluctuations in between.

The most important thing is to keep looking forward to the future and forgetting all the things going on with bitcoin at the moment as that is the easiest way to always get things right at the end.