Are we talking about a couple million dollars here? If so, count me in! Just provide a legal copy of our agreement that you would not use my biometrics in other purposes apart from verification.

Jk, I wouldn't give up half my identity for money knowing how many people are having their identities hacked and used in nefarious activities on and off the internet. I'm already hesitant on doing KYC requests, how much more in situations such as this wherein I'm not sure what's going to happen with my biometrics?

Not to mention the over-leveraged assets and the derivative markets that adds weight to all of these factors. You can also add the Man-Baby president playing a dangerous trading game on loads of countries resulting into severed ties and broken trust from other countries. Give it <5 years and we'll see yet another financial crisis starting from the USA and deliberately affecting the world as well on its wake. We just don't know the severity of such a crisis but we know that it's near.

This is what happens when you're in it only for the best parts but not on the worst ones. I never thought there were so many crypto hedge funds until now, and I thought hedge fund managers can stay afloat and still make money despite the bad conditions of the asset/market they are involved with. Anyways, it's just about time to weed out the overly-optimistic middlemen and let the small traders and those who know what they're doing reside within the cryptospace. They thought that crypto would always be a pot of gold, turns out they were wrong. :

During bear markets, there are times when bitcoin dominance falls due to the uncertainty surrounding the market. It is the nature of people to avoid traversing an uncertain path and take those that are relatively safe, and this is what's happening in bitcoin and other alts for some time. However, we can't argue the fact that there are still a lot of people eyeing bitcoin and trading it, hoping to make a hefty profit out of the mess, and positive news is also helping these traders to trade against the tides hoping that it will soon change, hence the unchanged bitcoin dominance %.

While I think bitcoin dominance isn't really that important, it helps us gauge the interest of the market over a certain coin, and to see whether it has swayed over to another coin or not to help us decide which crypto is to trade in a specific time-frame. On bear markets, it rarely changes, as a large percentage of traders still want to hold bitcoin and trade it compared to other coins.

A noticeable drop would mean that there are a lot of merchants accepting bitcoin payments on Black Friday sales which, AFAIK, isn't a lot. Also remember that after Black Friday comes Cyber Monday, and that should also be noted as more shops would surely entice people to cop on exclusives and deals, and that might include bitcoin-exclusive deals. This could somewhat relieve the supply on the market right now and hopefully demand will increase should there be a lot of bitcoin-exclusive deals floating around on the said holidays.

I must have ignored forks for a long time and only followed a few closely (bitcoin cash, BCHSV and BCHABC) which makes me think of digging my old private keys in hopes of taking some chump change from all these forks. But anyway though, with all those forks that happened, only the parent survived--or at least is the most active--the picky taste of people when it comes to the coin that they'd like to follow. Also, isn't that a clear statement already? With all these forks of bitcoin that appeared, it didn't appeal much to the public since they know what the real deal is. They can fork off all they like, but the money and eyes would still remain at bitcoin.

This came out straight from a sci-fi novel, I presume? Jk, but yeah, it is highly unlikely that bitcoin would still be seen as an investment should everything in the future be digitized, as it will be more sensible to use bitcoin as a currency by then. Also, I generally don't agree to the sentiment of others who commented that the world wouldn't be as digitized as you envision it. Mind you, it's only 30 years since the advent of the internet and look at the changes that we have had by then. Even third-world countries will catch up, with the exception of course of their marginalized communities that will surely trail behind. It will begin on the financial system first, followed by most services next. It will be inevitable, and bitcoin will surely be a part of that digital future.

Primary areas of concern for me would be adoption and the amount of places you can use bitcoin, and if those were fulfilled, I can say that bitcoin has become successful. Price is only good for speculation, but without a solid foundation backing everything up, it wouldn't last long and will crumble everytime someone profits big. It should also stick to its ideals of decentralization and giving people the power to be their own bank. It should also be of political influence so as not to demonize the system and be a hub of control and greed.

That video of people throwing their miners on the street was perhaps the result of a flood that damaged a lot of mining hardware in China and has nothing to do with current market conditions. For now, if the production costs outweighs the actual profit of operators, it's best to shut down the machines for a while and wait for everything to subside. No one can clearly afford to operate at a loss, so it's sensible and practical to just turn it off or mine other alternatives. Everything in the mining scene seems to be crumbling, especially the small-medium sized mining farms, and hopefully price starts to recover at least just to cover the expenses of these mining operators.

You are not alone in your sentiments. There are times when I cringe hard from posts that completely ignore the current state of the market and believes nothing and accepts no any other opinion that is more plausible than their own. I get that some people are permabulls, but there are times that it's slowly being annoying to the point that it does not show any sense at all. Bitcoin will never address wealth inequality head-on, but it will help; bitcoin will not replace the current financial system but it will exist with it side-by-side; lastly, bitcoin's growth isn't measured by its price alone but also infrastructures and people surrounding it.

You are not a pessimist, you are just being sensible, and that's perfectly fine.

Many articles similar to these have been rehashed and are surfacing every now and then, most especially when prices are not so good and the market is gloomy. True that during this time, we are experiencing tremendous losses over our investments but haven't these investing elites experienced the same back in the days? They are acting as if everything is all good on their side since they have a lot of money and a lot of government friends with them. They simply just want other people who found a way to get rich to be demoralized and stop pursuing getting rich. Just carry on, I'd say. With the number of bubbles and bursts we have had in the past few years, there are also countless other articles such as this that have spawned yet we still always find our way up.

I don't trust anyone in doing my trades, especially deciding based on blindly following someone else. I might use their figures and estimates to use as a basis and create my own line but that's how far it goes. Also, John McAfee? He's known to ride the hype of some crypto and use it to create money easily. He does not really care about development; he cares about profits and his twitter feed tell just that.

Always trust your own instincts since it's the only way you'll learn the ropes of trading. Don't ever blindly follow someone as they might have other intentions in mind that could result into you losing money in the end.

There are a few stores in the internet that I have stumbled upon which still use the prefix BCC, and yeah, it's kinda outdated now but then again inside China, bitcoin is pretty much alive. They only release press statement indicating that bitcoin and other crypto is banned just to create FUD and not actually live to their regulations. If they can potentially rake in profits from crypto, why would they ban it?

Best example is the mining scene still flourishing albeit the icky prices of bitcoin and other cryptos in the market. If there's a ban, these mining farms would be shut down immediately.

To know that value is also created out of nowhere on fiat currencies and pinning tulips and bitcoin down on this issue is plainly hypocritic. True that bitcoin don't have any value on its own, but then again people choose it to have some value at the end of the day. Same concept is applied in tulips and fiat currencies, and countless other normal paintings in this world. No body knows what "true value" of anything is even; we just give our best estimates based on data available and human sentiment on a certain object.

Perhaps I'm being vague, but seriously, what good does it do to compare tulip bubbles in bitcoin bubbles anyway?

I prefer to have a slow and steady growth rather than an explosive and completely unpredictable bitcoin growth. Both are growth in their respective terms, though the risk is minimal on the former compared to the latter. Knowing that I am a systematic and somewhat slow person in terms of investment, I'll gladly just leave my money on something that I know will appreciate instead of stressing myself out on late-night market actions. It's also preferred by most people on the sidelines, and that's no speculation too.

After the ups and downs and the many rebounds that bitcoin made, we can somehow assert that the price movements are somewhat cyclical, though the cycle isn't really established or isn't known yet. I for one don't believe that this is the end for bitcoin knowing how many developments are going through even though the price is taking a huge beating. If anything, it could be a good time to place in those buy orders and start hoping for the best, however one must understand that the market is highly volatile and it could still sink down even further.

A normal thing I'd say. We've seen this happen a lot of times in the past, and every sane person would just turn off their machines if it does not produce profit but rather a deficit. Only the big guns are getting something right now due to the overall network hashrate being low, but once everything normalized, we'll see the same miners turning on their machines to hash again. This is certainly not the end as institutions are currently going in on the action, and more positive news are trickling down the ecosystem day by day.

This is interesting. I always thought that banks would acquire cryptocurrency firms and exchanges but the opposite happened here. I'm excited on what might become of this acquisition and see whether it will spawn a wide array of new services available for the public. Good thing that the government and the environment in Germany is inviting for cryptocurrency firms and hopefully this continues on other countries as well. It's a great move, and hopefully it drives adoption fast in the said region.

Wait, I thought Avalon miners aren't a thing nowadays? Those miners are so 2014, and haven't even found a solid market support and were overpowered by Antminers due to the latter's efficiency and price-performance ratio. Well anyway, this is as classic as it gets: a post outlining that even the miners are having problems in this bloodshed, and the "get out while you can" tag line Also, no one "allowed" the fees to reach $55 per tx; the nature of miners is to include tx with higher fees on their block for profit, and it's not their fault if someone paid that much for a single transaction.

Just an uneventful happenstance, I guess. Bakkt operators may have faced some hurdles along the way or are just adding some features that could help their platform generate more interest after launch. They are certainly not the first long-awaited platform to postpone their launch date, though they are being anticipated by a lot of people for some time now, that's for sure. End of January seem to be a slow time for prices to catch up, but then again they are trying to ensure that everything works well so I guess we can't blame them for that reason.

As for the ETF, nahhh I have gave up my hopes on an ETF approval a long time ago.