They have every reason to fear crypto currencies, so it's not them chasing after publicity by speaking out negatively about everything related to crypto. Not sure where you got that from, but that's false.

If they did it for publicity sake, it would actually make crypto get more exposure than ever before. Governments are genuinely afraid of how much power they could lose would crypto gain mainstream adoption one day.

The central bank of Poland paid social media influencers to create content highlighting how they lost a lot of money through crypto and how risky it actually is, which just points out how afraid they are.

You can easily enter even a well secured house if you want. People (especially in Africa) being so angry because someone took their hard earned money are capable of doing anything.

The dude is really lucky it's only his house that's burned down-- there have been cases of extreme violence where people didn't shy away from butchering those who they have a problem with. Things can get pretty nasty over there.

I don't think it's enough of a worry for those looking to set up similar scams in an attempt to escape the poverty there. They have nothing to lose apart from their life, but it seems that they value an escape attempt over their life.

That's why people transact in a peer to peer manner. I'm not aware of the laws in Zimbabwe, but people shouldn't be too bothered as long as they skip centralized services that do report to governmental agencies.

The main thing with articles highlighting the popularity of Bitcoin in a certain country is that they always exaggerate to make it look like country x or y is a crypto hub, while in reality it isn't that at all.

I have yet to see an unbiased report about adoption of Bitcoin in shaky countries such as Zimbabwe. News outlets are too lazy and not interested in conducting research, so we should always take these reports with a grain of salt.

Agreed. It's pretty annoying how some people always think its just the elite that's gaining an advantage out of something, and that while you percentage-wise can benefit just as much as they do.

In this case things are a bit different. If you're referring to LN then sure, most people won't have a problem paying 1-5 satoshi fees. However, main-chain fees could rise to a degree where some people can't enjoy fast confirmations.

Bitcoin is heading towards a point where $2-$5 main-chain fees will become normal due to the increase in demand, and this will motivate these people to make the switch to LN because they don't have a choice if they want to continue using Bitcoin.

Satoshi saying Bitcoin is a failed project makes no sense, especially not with what it has achieved so far, and especially not with how many coins he still owns. I doubt people would even care.

If he really comes out and thinks Bitcoin has failed he has enough coins to short/sell. People like Peter Schiff continuously trash Bitcoin and think it will go to zero, but they do not put their money where their mouth is.

We have cash settled contracts over at CME where he can bet against Bitcoin. He doesn't have to touch Bitcoin nothing, just access his CME web portal and short it. Easy peasy.

It all depends on how crazy the retail mania will turn out to be-- coins deemed to be expensive motivates people to pick altcoins lower on the list, where even the worst possible shitcoins will pump like there is no tomorrow.

The part where things become interesting is when the moment will be triggering them to enter again. Is it alts hitting all time highs? Is it media sources such as CNBC explaining how to buy x/y/z shitcoin?

The fact that altcoins haven't seen much love shows how rekt the previous generation retail gamblers are. Some tokens literally lost over 99% of their value. From dreaming about lambos to dreaming about wiping altcoins out of their memory.

For people in the US they have to manually report their trades, whatever amounts they spent in stores, etc. It's quite a hassle if you try to do things the 'right' way, but there is no way around it in that case.

Sure, you can always not declare anything, but you will need to make sure that the exchange taint on your coins isn't going to form an obstacle, which means that you will have to mix them.

I personally don't consider it worthwhile to spend coins with such rules in place. Too much hassle and even when you try to do it the 'right' way, one mistake might land you in pretty deep troubles with how aggressive the IRS is.

Not sure what's more stupid, banks dictating what people can or can't do, or the people that complain about them but don't switch.... Not switching is basically you giving the signal to these banks that they can do whatever they want.

I like how certain banks nowadays offer support through social media, because this will show the entire world how stupid some of their practices are, especially when they try to justify them but horribly fail without realizing it.

I think it's safe to say that when another retail bubble kicks in we'll see more financial services follow the ones that already prohibited their clients from tapping into their credit to buy Bitcoin. We definitely haven't seen their worst side yet.

Ehm, as long as the service is paying sufficient fees I don't see what the problem is. Just because the block size is a joke doesn't mean we should discourage people from using it if they want to pay up for the fees.

I expect way more services to leverage Bitcoin's security to have data stored in its ledger for ever. I think it's great that there is this form of demand. It will stimulate more use cases than just speculation and value movements.

I do however agree that Bitcoin as payment option is a must. It's pretty odd when something is leveraging Bitcoin's ledger but not accept it as form of payment.

I actually don't mind Libra at all-- my opinion is that it could actually turn out to be a great alternative to rubbish platforms such as PayPal where we're constantly worrying about charge backs. Centralized or not, if it works it works.

Crypto as in the decentralized form are poor forms of payments in day to day situations, which Libra might actually play a very important role in. It could even complement Bitcoin in multiple ways.

Bitcoin isn't a day to day currency, let's just be honest there. It could turn out to be in the far future, but is not right now. Libra could take over that role and stimulate capital to flow into Bitcoin because it's a stablecoin.

There is always more to it. For example, if you haven't had enough sleep your trades will suffer because you're less likely to make well thought out decisions. This has nothing to do with greed/fear/confidence. It's just a bad decision.

One of my main mistakes in the past was that I ignored the charts and just went with what I thought the market would do. I think this fits more in the category of being naive or ignorant, maybe even confidence.

What I have noticed in the last couple of years are people thinking that it's easy to make a fixed percentage in profit every day by trading. I'm not sure where they got that from, but they obviously haven't done any trading themselves.

Even the best traders in the world don't make profit on a daily basis. More precisely said, they quite often tend to close daily trading sessions with a loss, but manage to note a profit at the end of the month.

I'm quite sure OP is referring to NEO which before the name change was called AntShares. OP probably hasn't had access to his account for a loooong time considering that he still refers to them like that.

I personally am not a fan of exchange to exchange transfers because when something goes wrong and the coins get sent back, they go back to the exchange's address they were sent from, and not your deposit address.

Best thing to do is to download a client such as Coinomi that supports plenty of altcoins-- send them to your Coinomi wallet from Bittrex, and from there to Binance. It's not even very time consuming.

Binance is definitely at the very top, but it all comes down to where US clients will be trading in the coming months. If they take their liquidity to an exchange as Kucoin then we could be up for a pleasant surprise.

I say pleasant because Binance has grown far too big, so them dumping their US clients will make the crypto industry as a whole stronger because there is more distribution.

I personally will keep using Binance as European citizen, but I'm not too demanding anyway in terms of liquidity because I'm just a small fish. I could trade pretty much anywhere as long as the spreads are reasonably tight.

I doubt he does. OGs like him sit on a large stack of Bitcoin and just bank on the forks and price appreciation. All he needs to do is open his mouth once in awhile to 'secretly' promote stuff he has been paid for to promote.

It's business for news outlets. They'll grab anything they can write an article about and people here will continue to read it no matter how shitty the content actually is, that's what I call doing business the right way.

In the last 12-24 months the quality of crypto content has reached the lowest ever point, yet these news outlets manage to grow with pretty significant numbers. Based on that they will definitely not improve. Why would they? It's easy money.

15% is what I consider a fair amount as a hodler. I honestly wouldn't be interested to sell more than that because I'm here for the very long term, and you can't possibly know that the price will go lower until it does so.

People on social media boast about how they sold the exact peak (which I honestly doubt, especially at the very peak it's so unlikely), while the prices could have gone well past the $30k mark as well.

Overall, we can only say how we handle things ourselves, but if you really believe the peak is near and 15% is a little too conservative to cash out based on the previous bull run, then go for 25-30%. Definitely not more than 50%.

The thing here is that Bitcoin goes against what the majority of the people here are preparing themselves for. It could even mean that we may see a brutal selloff to shake out those who will dump on your face at much higher levels.

When the majority expects a new all time high or even $100k to be reached, it's less likely that this will happen within the time frame they aim at. It's pretty basic market etiquette.

Remember how people on the way down to $3000 were speculating about $2000 and even sub $1000? Panic sellers unloaded their bags aiming to buy at these lower levels but we're surprised by the market's counter effect.

Uh, there have been dozens of hacks in the last couple of years if we include other countries. It should be known that exchanges aren't immune to hacks, and hackers especially at these prices are trying their best to get in.

Also, better security is better until it no longer is. If an exchange adds important changes to enhance their security today, it might be outdated tomorrow and therefore vulnerable.

The best is to not rely on an exchange for storage purposes. Buy a sub $100 hardware wallet and you can store most of the top crypto currencies. This is how hacks will no longer impact your holdings.

I find Craig Wright and Roger Ver (and of course their minions) to belong at the very top of lists of entities to not trust. I'm more concerned about them than a government trying to protect its own incentives.

And below them, with a massive gap in between, we have con artists such as John McAfee. This dude is so unstable that he will betray the hand that fed him for so long just because of a change in his mood. Steer clear of him.

I prefer them to go for LN rather than main chain transactions, or both. I find it increasingly less appealing to see merchants jump on board with the fees being too high for most people to be comfortable using it.

It's pointless to do some low value grocery shopping when you pay a buck or two in fees, especially with how speculators bump the fees by using higher fees to front run other people's transactions.

It may sound a bit harsh, but that's just how the reality is. Fiat payment options or just cash work better for in-store payments and are cheaper than main chain transactions. Innovation is accepting LN, especially for a supermarket.

Of course we should. We should also blame people letting their coins sit in an exchange if they aren't trading. After everything that happened in Japan I wouldn't trust a single exchange there.

How many Japanese exchanges have been hacked now in a fairly shorty period of time? 5? Something is fundamentally wrong with how these people think an exchange should be operated. It's mind boggling.

These guys clearly don't know how to handle the responsibility of making sure people's funds are safe. I'm sure the only thing they focused on were the profits that they were generating.