I am very happy to see XRP Ripple getting sued by the SEC and going to crap. It was basically a closed system owned by a few people used to milk money out of everyone.

I hope everyone sells off their XRP and the entire 10 billion goes down the slide into history. This will also set a precedent to any private businesses not to try and create a 'currency' which they own all of it as it starts off and try to sell it and milk money out of it.

The way Bitcoin has spiked as the Monday rolls in, there is a wall of ca$h rolling into it. We are off to the moon to say the least. Bitcoin will easily head past $100k next year and a $1 million Bitcoin is very much plausible after the 2028 halving.

Want to retire? Buy a single Bitcoin today.  

BTW, the train is starting to leave the station, ALL ABOARD!!

SEC chairman Jay Clayton stated clearly on CNBC Squakbox that Bitcoin is not securities such as ICOs since it is not being used to raise capital. They have also said that they will come up with regulations to safeguard consumer funds into Bitcoin which they consider as a store of value in 2021.

I think this legitimizes Bitcoin and paves the way for more institutional investment. Oddly enough Bitcoin was made for poor people but now the rich are taking it over slowly. Then again whatever the rich invest in will succeed because they will ensure it succeeds with their abilities which they have vast amounts of.

There is a strong possibility that governments around the world may find ways to blacklist wallets or entire chains and institutions may start to honor those blacklists. For example, they may blacklist known wallets used for illegal purposes and now PayPal users won't be able to send or receive money to or from those wallets.

The fun part of about this bull run is that this is institutional money rolling in while it was retail money rolling in back in Dec 2017.

Going to be fun to watch how Bitcoin and crypto in general evolves but what is sure is that digital forms of payment are now more legit than ever.

Any thoughts?

https://www.reuters.com/article/us-paypal-cryptocurrency/paypal-to-open-up-network-to-cryptocurrencies-idUSKBN2761L6?il=0
https://www.marketwatch.com/story/paypal-will-let-customers-buy-cryptocurrencies-and-use-them-for-online-payments-11603283352

PayPal is going to allow buying/selling and even holding crypto on their platform. They will also allow merchants to accept payments with crypto.

So we have Litecoin halving coming up. The media is talking about the Bitcoin halving coming up next year. That should push Bitcoin to ATH?

At the end of the day, miners need to become profitable so I think that will force the price of BTC to rise as the halvings occur. Forget 2020, I am more excited about the one in 2024 which will really reduce supply.

Any lost Bitcoins are gone forever and not replaced so that should also reduce supply over time. Scarcity will keep Bitcoin value on the rise over the long term.

And they have added it back again.

https://www.coindesk.com/square-adds-bitcoin-buying-cash-app-users/

The integration of Bitcoin into applications and processes will continue to grow worldwide. Or they can sit on the sidelines and watch their competitors overtake them.

Looking at the graph below from https://dedi.jochen-hoenicke.de/queue/#30d the transaction fees have dropped significantly. Not exactly sure how to read this chart though.

All of the crypto are down today, not just Bitcoin. Looks like a certain amount of selloff causes panic and makes all noobs dump their hands resulting in what we see today. Ripple is down big time so this is not like some banks are orchestrating this or something.

I guess one more day in the world of crypto which recently has seen a whole influx of traders who are chopping waves and this results in take profits followed by cover positions. Not to mention the SHORTS.

I am looking for a list of upcoming ICOs so that I can participate in them. Are there any credible lists out there. Would be a plus if they are ranked based by users for trust etc.

https://www.reuters.com/article/us-global-bitcoin/bitcoin-slides-as-website-drops-south-korea-prices-from-virtual-currency-rates-idUSKBN1EX1CC

Bitcoin sank on Monday after website CoinMarketCap removed prices from South Korean exchanges from its calculations of digital currency rates without any warning, resulting in a steep drop in all virtual coins they track.

If you are concerned about the whole list of red on CMC, this could be the reason.

Please read below article. I for one think that China completely leaving the Bitcoin world would be great so we can stop running across their pathetic rule changes.

https://www.reuters.com/article/us-markets-bitcoin-china-mining/china-central-bank-can-tell-local-governments-to-regulate-bitcoin-miners-power-use-source-idUSKBN1ES0TD

I am not sure how much of a serious damage if any this does to Bitcoin's growth in terms of market capital.

https://www.coindesk.com/report-bitcoin-derivatives-banned-south-korean-government/

There are significant differences in pricing on various exchanges. What is to stop someone from buying at a low rate on one exchange, sending it across into another exchange and dumping it for a profit?

https://coinmarketcap.com/currencies/bitcoin/#markets

Can someone please explain the catch?

Maduro to avoid the financial harassment from US and such has announced a crypto currency for Venezuela. Not exactly sure how this will make it any better then the currency they already have in a free fall. Can release of 'Petro' really help Venezuela?

https://www.reuters.com/article/us-venezuela-economy/enter-the-petro-venezuela-to-launch-oil-backed-cryptocurrency-idUSKBN1DX0SQ

Will Bitcoin with its decentralized system cause worldwide economic imbalance or collapse in future?

Businesses (and individuals) may start to accept and pay with Bitcoins to get away from the prying eyes of the government (and taxes). Governments currently use monetary policies to manage a healthy economy but they will not be able to manage Bitcoin and will be helpless if the economy goes to the dump. Governments may become starved for cash since it will harder for them to tally up who owns how many Bitcoins. Rogue regimes like NK may be able to peacefully conduct business under sanctions causing security issues.

Will Bitcoin eventually cause economic chaos in the future? Or will the freedom created by Bitcoin result in a greater economic growth and more tax funds to government?

We have a live one, this is NOT a drill anymore.

Do you think Bitcoin is completely finished since the developers will no longer work on it and are suggesting to use alternatives including Bitcoin Cash?

Is this ship going to sink completely and the coins will be more like memorabilia?

https://www.coindesk.com/bitcoin-classic-announces-closure-in-wake-of-segwit2x-suspension/

Looking at trends 2 or more years, Bitcoin appears to be headed for $70,000 over the next 3 years though it appears heavily bullish right now. Are there people with charts/trends etc taking us to the $70,000 level over the next 3 years?

How many actually think Bitcoin will practically reach $10,000 within the end of 2018? That would mean doubling an investment made today and that would be one HOT investment.

https://www.coindesk.com/billionaire-mike-novogratz-bitcoins-price-will-reach-10k-in-less-than-a-year/

Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?