Transaction will be placed in low priority, though there are rare cases in which miners would include your tx in a block, which is lucky for most occasions.

As for your transaction getting stuck in the mempool for far too long, it wouldn't disappear; the money will just be returned to you after two weeks since the date of transaction after the mempool is cleaned. Anyone can send anything for nothing, really, but just keep in mind that there's a huge tendency that you'll not be seeing any confirmations on your transactions sooner.

The question doesn't seem to be apt on what your post say, as I'm pretty sure we're getting the most of the technology, and trading is not a part of the said technology but rather an aspect of the tech assigned by the community. In terms of transaction speed, security and anonymity, we're pretty much covered by the tech, but speculation and any activity associated with it isn't, and that's with us users. There's always the option to look for anyone who would be willing to sell and buy at market value, but that is a rare gem nowadays. These centralized exchanges, albeit imposing high fees somewhat helped the community thrive and develop by allowing people to buy and sell safely and conveniently, so I guess that's where your fee goes to: convenience and use of their platform to make things easier and faster for you.

One thing I noticed lately is the way the stock markets fall, and how the cryptomarkets follow suit despite the notion that these two markets are inversely proportional, and it turns out that that's not the case. Calling the bottom at this point is a dire effort honestly, and if someone knows for sure they will be watching the markets closely and hit the buy orders once it is touched by the price. Idk, $2500 is a strong feeling that I have, and that's me hoping for the best seeing that no strong support levels are in place in the major exchanges I've been frequenting lately. Sub-$3000 is still a possibility though I won't wish for it to manifest in the market any time sooner.

Knowing how emotionally inclined the market is right now, it is possible to even slide further down $3000 seeing that supports aren't established pretty well. We've seen a short stint towards $4000 and it didn't last long, up until it slid past the $4000 levels again and down to where we're at right now. $1500 is a bit of a stretch right now, but seeing what happened just a few weeks back, it could turn into a grim possibility that we have to face. $2500 is my best optimistic guess atm, and anything further is just a nightmare materializing IRL.

Upon seeing the local stock market scene, it seems to be down too, just like what's happening with bitcoin and other crypto. If there's an impending financial crash on the horizon, people should have been buying bitcoin and gold, not dumping it, but it's not the case. Apparently, it seems as if people are also wary of the fact that bitcoin isn't as sturdy as most hodlers want to portray it, hence they are also dumping it while they have the chance. Sure, a large part of this market is really controlled by big money, but that doesn't necessarily mean that they own us, because as the last of their coins are sold, their control on the market is also over, IMO. They can buy back in, yes, but we can always dump on them, so it's just a matter of timing the way I see it.

I would liquidate if I don't have that much money, but for those who can bear the losses, holding is the only option, and you can't take losses if you don't sell, though if everyone sold their bags, you're left with useless piece of code on your machine (which is still unlikely to happen). I guess holding is the most painful yet viable thing to do, and just do some other things while the market is down.

Knowing so well the in and outs of funds here in the Philippines, I can say that this will just be thrown into the pockets of whoever is in charge of the drive that they assigned. It's a shame that I already know what will happen, and this might make the cleaners clueless knowing that the average Filipino worker don't know much about cryptocurrencies, and only see them as HYIP (bitconnect lul).

This is certainly welcome but will be so hard for them to encash or use as money. Only luxury shops and restaurants do accept them as payment and given that this would only be a couple dollars at most, they wouldn't be able to utilize it and end up being ripped off by exchangers/tellers.

These things are occurring on the regular, and it's funny how writers capitalize on the losses incurred by bitcoin and cryptocurrencies just to get some dollar on the side. I won't really be able to comprehend these people's way of thinking: bitcoin, as a volatile asset, would surely have its ups and downs, but every downs are sensationalized and every written article seems like it's the end for bitcoin.

Just get used to it, and carry on with your life. Get a good laugh from these articles since we know that bitcoin's end is not sealed yet.

It's bound to happen unfortunately. The case is how would it be treated and taxed as? Would it be capital gains or as assets? No one knows for sure. Right now, the South Koreans can only hope that this would not be an aggressive form of tax for them to not halt their trading operations. The way I see it, governments are making crypto look legal day by day for people to actually look into it, or just take profits without actual help for those in the field, whichever sounds best to your PPV and beliefs. If they think that this gives crypto some friendly vibe, it certainly don't. And it only scares away investors, too.

That's what happens when you enter a very emotional free market. Everyone would be on the buy mode on one minute and the next hour, everybody has the tendency to dump on you if something on the news pop out, or if there had been someone taking a small dump and needs cash. This is hurting the short-term investors, sure, but the long-term dudes alongside services that are really sincere in the cause would never leave, and we could see that happening now. Price-wise, we might be on the downtrend, but fundamentals sure are catching up.

A bitcoin node is probably more feasible than sending a single ASIC up in the LEO (Low-Earth Orbit) just to hash and operate at a loss. One area of concern is maintenance. Interference from other objects and the radiation from the sun will surely lessen the life of the machine, rendering it useless in just a couple of months. There's simply no feasible defense in sending a miner on the outer space. Just imagine its components be removed due to high-speed orbit, or causing the miner to fall from whatever vessel it is, amonh many other reasons.

Bad due to the amount of energy it uses? Gah, other industries use lots of energy and non-biodegradable items yet we still allow it without batting an eye. Also, if given the chance, miners would surely choose cheaper and cleaner alternatives, and Chinese mining farms are great examples of that. People can express negative sentiments about the ill effects of bitcoin mining to the environment but we, as a race, are still burning fossil fuels and coal to generate electricity while cleaner, safer and cheaper alternatives already exist.

Not a hater but I say point fingers at the capitalists.

Anyone can review the code, no one can take ownership of the said code and anyone can add something to it, pass it on for the community to review and hopefully move forward with the new addition should it prove to improve the original existing code. It's not that we are forced to use open-source software, but the idea of bitcoin is to free us from centralization, and closed-source software is one way to start.

Oh and it's cheap, too. No legal problems tied with it and great minds can help without having to pay them!

Being a deflationary currency is I think an incomplete and inefficient feature to say that bitcoin is the new gold. It needs to have a strong intrinsic value in it, and the machines of the miners wouldn't be a sufficient reason for that. Albeit these few reasons I gave as to why it can't be considered as the new gold, people still buy it and believe in it as long as the price is doing good. Perhaps this is one of bitcoin's main feature as to why many people consider it as 'digital gold': its ability to hold value over time and that's what matters to most.

Whales are market movers but they certainly don't like to comment much about things. Have you seen an actual whale reveal his position and tell people how to trade? No? That's because before they make their move, they ensure that they already hold the maximum leverage they can get before they sway the markets into their favor.


Nah, they have the money to make even the worst markets become better and capitalize on that to make money, so I guess that can count as smart too.

Bakkt, Nasdaq and otherr investors wanting to get in? I'd say we're in for yet another tremendous gains should the 2017 pattern repeat, but that's not an easy feat. We're still pretty much in a bear market, and projections state that we could even hit lower figures should this continue. Hopefully these institutional investors save us from the carnage, and let 2019 be a year of good things for bitcoin.

Or based on what the public perceives as the value of 1 bitcoin is, not necessarily their trust in it. Let's admit it, there aren't many people left here believing that bitcoin will be successful. In truth, they are just trusting other traders to do the first move and just ride on those waves to get profit, but not necessarily vest their trust on bitcoin in the process. Miners are also trusting the speculators to make some moves in order for their mining ventures to be profitable. The trust goes to the traders ultimately, not the miners and certainly not bitcoin itself.

It is bound to happen; coins are overbought and there's literally no reason to push past $19000. Some time along the way, the price needs to correct, and that's what's happening now. It's stressful, yes, but only to those who bought in late to the party and whose incomes come from crypto gains. I'd say risk more, get your own real-world business and try to stay afloat. If not, learn a skill, get a job and be better at your craft.

The world doesn't end on crypto losing its price.

It's booming on some parts of the world in terms of usability, and no, price alone isn't enough of an indicator to say that bitcoin is dying as infrastructures and businesses using at are still on the rise. One of the main reason as to why bitcoin lost its footing above $10k is the exhaustion of the money that came in from VC funding, futures market and the Gox trustee using the exchanges in selling a ton of its coins for the compensation of its funders that lost their money on the 'hack'. Most of the faint-hearted weak hands have already left the market, but the pioneers are still on the game, with institutional investors stepping in boldly.

In the current times, perhaps it's even difficult to pull off, but always remember that even in closely and highly regulated markets, this is still occurring without anyone being prosecuted and brought to the courtroom. Knowing how scattered and large the market is now, it's hard to pull it off, but also knowing that a single sell-off, even just tens of thousands of bitcoin in the market, can flood the whole market, it's still easy to do this for those who have the $$$ and BTC.