I am just thinking:
Yea, governments cannot print more Bitcoin. So yea, i am 'save from inflation'.

But: they just tax my profits.
That's basically the same?

1. They print fiat.
2. Every rare good on earth rises in price. Also Bitcoin.
But perhaps the buying-power keeps even exactly the same (cause everything costs more). Buying-power could even shrink while price rises in fiat terms.
3. But then they tax my 'profit', eg 28%

Imagine i always hold my buying power because Bitcoin rises with inflation, but whenever i sell Bitcoin i gotta pay those eg 28% of my profits.
Does it really matter if the state takes away my money by inflation or by taxes?

Inflation makes it that basically your assets rise and rise in dollar terms, buying power stays the same, but i have 'high profits' that have to be taxed.
I guess worst case i could imagine very high inflation, basically nearly all my principal is profit and then i get 40% taxed on it.

Once Bitcoin is in late mayority of adoption stage i think there will be no more cracy gains, it will just be a bit better than gold, keeping up with inflation. The more inflation, the more taxes you pay. So basically eg with 40% tax you are only saved from around 60% of the fiat-inflation.


Counter:
I guess taxes are cheaper than inflation. (eg 30% tax means i guess you are saved from around 70% of the inflation)
You only get taxed if you sell (unless they really go for taxing unrealized gains).
I guess governments cannot practically rise taxes superhigh cause people flee the country or smth.
I guess taxing crypto different then other asset classes hopefully doesn't fly.
Stocks and real estate are also taxed, still people who hold stocks and real estate are doing much much better with inflation than non-holders.

Clawback-Bankruptcy Gesetz in USA soll wohl irgendwie so in der Art wohl sein:
Wenn man noch kurz vorher rausgekommen ist und abheben konnte, dass man dieses Geld wie alle Anderen zurück in die Konkursmasse geben muss - damit es dann auf Alle gleich aufgeteilt werden kann und 'fairer' ist. Also in der Praxis kriegen dann Leute schreiben von einem Anwalt anscheinend und ein Gericht entscheidet dann.


Frage: Kann ein Clawback nach einer Bankruptcy einer US-Firma in den USA mich in als Österreicher in Österreich erreichen? Können die das enforcen? (Konkret: Clawback auf alles was ich drinnen hatte wäre mein absoluter Ruin, Clawback nur auf die erhaltenen Zinsen wäre mir egal)
Ich habe so große Angst. Und hoffe auf irgendeine Entwarnung.

Frage mich wen ich da fragen kann (

[buy orders from: 8400usd - 7500 usd]

Plus your reasoning

Sold 1/6th of my bitcoin a few days ago at about 8800usd - because i believe
- Corona just has started in EU and USA, it will become like Italy / China (more and more cases, quarantines..)
- Meaning bad news at least for the next month


But i already feel fomo again.
Cause i think gold and bitcoin will be a good call in recession.
And i believe in recession and more money printing.

I have all my fiat now in buy orders from: 8400usd - 7500 usd

I want to be all in before btc goes over 10k usd

I speculate there will be at least one big drop in stock market and take crypto down a step with it.

Dirk Müller:
'Idee das Machteliten sich durch Crypto entmachten lassen ist lächerlich, also dass sie das zulassen' (in etwa, kein Zitat)

https://youtu.be/__IfIvdm5eY?t=32m18s


Hm.
Es scheint die Staaten lassen es zu?




Bis jetzt fließt aber noch vergleichsweise wenig Geld in Cryptos (im Vergleich zu zb Geld in Immobilien),
vielleicht wird das ganze Thema für Staaten erst viel relevanter für Fall falls zb Euro so untergeht wie türkische Lire und alle in Crypto fliehen?
(ps zum Thema Crypto=Schutz vor 'Währungsreform EU', Geldentwertung+Staatspleite?: https://bitcointalk.org/index.php?topic=5033122.msg45920425#msg45920425)

Hi!

Schaut jemand auch zufällig wie ich so Youtube videos mit Themen wie:
kommende Bankenschuldenkrise EU
Crash
Hyperinflation
Währungsreform
Markus Krall
Zwangshypotheken


Sowas gab es anscheinend in früheren Währungsreformen:

Schuldenaufwertungsgesetze:
Schulden von Privaten werden im Wert erhalten,
nur Schulden des Staates werden weginflationiert.

Zwangshypotheken:
Häuser werden mit Schulden belegt,
auch wenn man das Haus schon bezahlt hat.

Dasselbe mit Aktienbesitz - zb 50% des Aktienwerts wird einfach mit Schuld belegt

Goldverbot:
Goldbesitz als illegal, Banksafes werden aufgemacht.

(https://www.youtube.com/watch?v=sZYInm3N67U)


Wie könnte man sich vor dem theoretischen Fall schützen?
Gold: kann man wohl wo verstecken wenn man es physisch kauft

Aktien: Besonders Aktien die weit weg sind von der EU,
das wär wohl eine Möglichkeit nur 'wenig' Wertverlust zu haben

Crypto: KYC Know your costumer bin ich auf jeden Fall bitstamp bekannt,
die wissen was ich wann eingekauft habe,
meine Bank weiß dass ich da hinüberwiesen habe.
Bitstamp hat konto in England, Firma sitzt glaube ich in Slowenien?

Crypto schaut da garnicht so schlecht aus oder?
Wie sollen die praktisch an meinen Ledger rankommen - Hausdurchsuchung und Strafandrohung für Pin?


(Eine andere Frage ist noch wie sich der Wert von Cryptos bei EU-Pleite entwickeln würde. Hosp sagt wenn es schnell geht, geht crypto genauso runter, wenn es langsam geht könnts besser laufen. Eine gute Sache ist wohl dass Crypto weltweit ist - usa, südkorea und so, wenns denen nicht so schlecht geht)

https://youtu.be/MO5Z_o9krNo?t=1m14s

McAffee says 'Decentralized exchanges make crypto unstoppable' (country-bans would be ineffective)

BUT how do you GET FIAT IN and FIAT OUT on decentralized exchanges?
No way to do that on decentralized exchanges, is there?
And it's the most important thing.

So right now to me it seems McAffee's point is total bullshit, or am i missing something

Hi there

There was a lot of talk about Bitcoin Sidechains with contracts, that would perhaps kill Ethereum in 2016.
Now beta was released in Beginning of 2018 and nobody gives a fuck?
What happened

[if Bitcoin would go to 20k in eg december 2018 - then fees would go cracy high like 50usd again, wouldn't it?]

Hi  there!

So if Bitcoin would go to 20k in eg december 2018 -
then fees would go cracy high like 50usd again, wouldn't it?
Is that right?

I mean, what do we have, a few more % adoption of segwit, which does.. not do anything much, does it?
Anything we have now that we don't had in last december 2017?

So basically bitcoin is capped at eg 15k (when did fee's become cracy?) - until lightning is mass adopted?
What is a guess of timeframe for lightning mass adoption - 3 years?

[Scarce]

Hi there,
this is a work in progress, there probably exists something better than this
already (please point me to it),
i mainly wrote this for me – ‘Does Bitcoin have a good future’
Comments very much appreciated on any part (Any little part you like, you don't have to comment on the whole thing!),
pointers to websites or facts or posts that could add something very appreciated.
I also wrote some questions in the text.

PRO
- Scarce similar to gold (only 21 mio), but more usable to pay with
(and more and more in the future, everything going digital in the future)


- People who are unbanked now, but with a smartphone + crypto they can send and receive money;
People who have bank account can also send bitcoin without bank


- Credit card payments cost merchants 1-3% of the products prices.
Crypto can perhaps do this cheaper.

Also Remittances, sending money into other countries

https://youtu.be/EanJaFTffqA?t=3m3s - crypto cuts out middlemen
Teeka - new Storyline of Bitcoin: adding small part of crypto to portfolio reduces
volatility because crypto is not correlated to stocks; if big funds start to do this,
this is big


- Global money where the supply is not controlled by a FED but by mathematics ->
bitcoin is secure against hyperinflation (feds creating money,
inflating everyones money while inflating their debt away)
There are only 21 million bitcoins. (worldwide Ponzi )
-> when your native currency goes downhill (Cyprus, Argentinia, Zimbabwe, Turkey...),
demand in bitcoin there has big increase

82% of all the bitcoins are already existing.
Inflation right now is about 3.9%,
1.8% after the next halving on April 2020.
https://www.bitcoinblockhalf.com/

2030: 20 million bitcoins will have been mined out of 21 million
https://ebrary.net/7954/education/bitcoin_2030  

2-4 million bitcoins have been lost forever,
meaning in 2030 there would be 18 million bitcoin (20-2)
http://uk.businessinsider.com/nearly-4-million-bitcoins-have-been-lost-forever-study-says-2017-11?IR=T


- How many people are already involved, how much possible room is there to grow:
There are only 2 million wallets with over 1000usd in Bitcoin in it.
(500 000 adresses with over 10k in bitcoin)
Only 5 million wallets that have over 100 usd in Bitcoin in it. ->
World population is 7500 million.
So only 0.07% of people of this world have over 100usd in Bitcoin.

-> ok, this is not right cause many people have no wallet but just
an account on an exchange.
Eg Coinbase has over 13 million accounts.
So if i guess 5mio wallets + 13 mio coinbase + 7 mio other exchanges = 25 million
-> 0,33% of people of this world have over 100usd in Bitcoin in this calculation

If it would be 100 million, then it would be 1,3% of the world population
having over 100usd in bitcoin.

900k reddit subscribers, 500k active addresses last 24 hours,
34k daily tweets, 34k github stars

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html  
https://bitinfocharts.com/bitcoin/


-
Coinbase has 13 million accounts in November 2017
-> anyone knows how many accounts there are now?
Mayor online brokerage Charles Schwab has 11 million accounts
https://futurism.com/coinbase-users-surpasses-charles-schwab-brokerage-accounts/


-
~ 22 million bitcoin wallets (bitinfocharts.com)
Survey 5000 americans:
5 % of them hold bitcoin, that would be 16 million people in the US if accurate  
60% of them heard about bitcoin

Active users:
3-6 million active bitcoin users (not just holders) according to Cambridge university study
300 million paypal
700 million mastercard
1000 million visa

https://www.bitcoinmarketjournal.com/how-many-people-use-bitcoin/

There are 36 milion millionaires in the world right now
(https://www.inc.com/business-insider/36-million-millionaires-in-the-world-hold-46-percent-wealth-credit-suisse-global-wealth-report-2017.html ).
So it’s not possible for every millionaire to even own 1 bitcoin.

If only 5% of the money that is in gold would go into Bitcoin, 1 btc would be 25k usd
If bitcoin has 10% of gold market, bitcoin would be 50k
(https://www.bitcoinmarketjournal.com/bitcoin-price-predictions)
Since 2018 Bitcoin is regularly talked about on TV, on cnbc




- Bitcoin historical prices and returns:
https://www.buybitcoinworldwide.com/price  
+62000% in last 7 years -> that’s an average return of x% per year -
am too dumb to calculate average return per year, please help me
(1 dollar becomes 62000 over 7 years)

6600% in last 5 years -> am too dumb to calculate average return per year,
please help


-
https://www.bitcoinmarketjournal.com/bitcoin-vs-sp-500/
https://www.buybitcoinworldwide.com/price/  

S&P 500 had average yearly return of 10% since 1928;
17% since lthe last crash in 2009

Bitcoin returns:
600% approximately last year (1000 to 6000)
50 000% in last 5 years
400 000% since 2010 (0,05 usd to 20k usd)

This was done with random prices in the year (no highs or lows):
year, price of 1 btc, return of the last year
2010     0,1 usd
2011          1        x10
2012         5        x5
2013       10        x2
2014    100        x10
2015    300        x3
2016    400        x1.3
2017    800        x2
2018  7000        x9

This was done with random prices in the year (no highs or lows).
Is there any website that shows 'average price of year'?
(this is just a joke: 'trend' says next 4 years are slower years)

Market cap:
Bitcoin: 130 billion
Apple: about 1000 billion
Value of all Gold: 7000 billion
(https://www.bitcoinmarketjournal.com/bitcoin-price-predictions/)   
Money held in offshore tax heavens: 20 000 billion
S&P 500: 21 000 billion  


- Bitcoins longest time it took to make another All Time High ever:
1131 days, about 3 years from December 2013 to December 2016
-> more interesting would be ‘from old ATH to new ATH –
where was lowest price to buy?’ -> after 2013 ATH lowest price was about 1 year later
https://athda.com/Currencies/BTC/Page/all  


- VC investment in crypto companies (without ico’s):
2017 was the biggest year till 2017, 2018 is already bigger than whole of 2017;
1300 million dollars invested in the space so far totally.
https://techcrunch.com/2018/05/20/with-at-least-1-3-billion-invested-globally-in-2018-vc-funding-for-blockchain-blows-past-2017-totals/  


Money flowing into this is big, this industry is not going away.


Merchants accepting bitcoin: how is that going?





- Bitcoin looking good in 2 years (end 2020) - Developments:

- ETF
(they can postpone deciding on the good ETF till February 2019 I think)

- Lightning
(What is missing? A wallet? Is there a timeline?)

- Halving
(May 2020 – https://www.bitcoinblockhalf.com/ )

- Longest time to reach old ATHagain was 2 years so far
(dec 2014 – dec 2016, at about 1000usd)

Furthermore Tether seems to really have it’s usd amount in banks.
https://cointelegraph.com/news/tether-has-enough-usd-to-back-tokens-says-law-firm-in-unofficial-statement
https://youtu.be/_ZjNOwKi2tI?t=8m20s - one vid saying Tether did not manipulate

De-centralized Exchanges already here but will be better?
How important is this actually? What are the big advantages?
https://cointelegraph.com/news/binance-releases-demo-of-decentralized-exchange

Schnorr signatures coming in 3 years?


Custodians, making institutional money possible:

Robinhood: US Stocks brokerage app enables buying bitcoin in 5 US-states, it has 4 million costumers in total
https://news.bitcoin.com/robinhood-starts-rolling-out-cryptocurrency-trading-today/  


Custodians: Institutions can buy crypto there
(cause they are not allowed to hold the crypto themselves, for security reasons)
Coinbase since July 2018 -> 10 hedge funds as costumers
Northern trust since about beginning 2018
Gemini also does
https://cryptocomes.com/coinbase-plans-to-expand-its-custodial-service-by-adding-37-new-crypto-assets  


Bakkt:
Makes the same thing as ETF?
Intercontinental Exchange (Parent company of New York stock exchange,
second largest owner of financial exchanges; first is CME) is launching Bakkt in November.
They want to make Bitcoin available for 401(k)’s pension funds.
As a next step they want to enable an alternative to credit cards
(merchants pay 1-2% of the price of goods for credit cards?)
(they partner with Microsoft and starbucks)
(They can do this eg for big companies when both are their costumers by
not even writing on the blockchain directly but just changing the centralized database)
Coinbase and normal exchanges are ‘marketplaces under state laws as money transmitters’.
Gemini Winklevoss is a ‘trust company’ in New York. Bakkt would be another type,
that would be SEC and CFTC regulated. Institutions only want to buy from these.  
http://fortune.com/longform/nyse-owner-bitcoin-exchange-startup/


By the way, what about Bitcoin RSK sidechains (smart contracts on bitcoin network)?
It was big news in 2016 and 2017 that it’s coming it seems, since beginning of 2018 it’s
‘we are opening our MainNet Network in a staged approach’
https://www.rsk.co/
That’s the most recent article I found about it, from 3 months ago: https://medium.com/gurucapitalng/what-is-rootstock-rsk-the-bitcoin-sidechain-no-one-is-talking-about-838c4b0a668f


Bitcoin price predictions:
https://www.bitcoinprice.com/predictions/  
https://coincodex.com/article/1779/bitcoin-price-predictions-2018/
-> like 15 ‘bitcoin gurus’ who basically all said in first half 2018 ’20-50k end of year 2018’)

Global Everything bubble pop / crisis: Bull run since 2009 –
a ‘crash’ is overdue. How will Bitcoin price react when it happens?


AGAINST
- Writing down on a global list whenever someone buys a lollipop is Bullshit
   -> but this is just the most basic underneath layer.
         Lightning will be layer on top, with basically free transactions

- Bitcoin doesn’t work, when it goes to 20k it becomes unusable because of fees -> lightning again
(also a bit schnorr signatures?)

---

Crypto pics:
https://imgur.com/a/RGm6dO1

[Scarce]

Hi there,
this is a work in progress, there probably exists something better than this
already (please point me to it),
i mainly wrote this for me – ‘Does Bitcoin have a good future’,
a little collection,
Comments very much appreciated on any part,
pointers to websites or facts or posts that could add something very appreciated.
I also wrote some questions in the text.

PRO
- Scarce similar to gold (only 21 mio), but more usable to pay with
(and more and more in the future, everything going digital in the future)


- People who are unbanked now, but with a smartphone + crypto they can send and receive money;
People who have bank account can also send bitcoin without bank


- Credit card payments cost merchants 1-3% of the products prices.
Crypto can perhaps do this cheaper.

Also Remittances, sending money into other countries

https://youtu.be/EanJaFTffqA?t=3m3s - crypto cuts out middlemen
Teeka - new Storyline of Bitcoin: adding small part of crypto to portfolio reduces
volatility because crypto is not correlated to stocks; if big funds start to do this,
this is big


- Global money where the supply is not controlled by a FED but by mathematics ->
bitcoin is secure against hyperinflation (feds creating money,
inflating everyones money while inflating their debt away)
There are only 21 million bitcoins. (worldwide Ponzi )
-> when your native currency goes downhill (Cyprus, Argentinia, Zimbabwe, Turkey...),
demand in bitcoin there has big increase

82% of all the bitcoins are already existing.
Inflation right now is about 3.9%,
1.8% after the next halving on April 2020.
https://www.bitcoinblockhalf.com/

2030: 20 million bitcoins will have been mined out of 21 million
https://ebrary.net/7954/education/bitcoin_2030 

2-4 million bitcoins have been lost forever,
meaning in 2030 there would be 18 million bitcoin (20-2)
http://uk.businessinsider.com/nearly-4-million-bitcoins-have-been-lost-forever-study-says-2017-11?IR=T


- How many people are already involved, how much possible room is there to grow:
There are only 2 million wallets with over 1000usd in Bitcoin in it.
(500 000 adresses with over 10k in bitcoin)
Only 5 million wallets that have over 100 usd in Bitcoin in it. ->
World population is 7500 million.
So only 0.07% of people of this world have over 100usd in Bitcoin.

-> ok, this is not right cause many people have no wallet but just
an account on an exchange.
Eg Coinbase has over 13 million accounts.
So if i guess 5mio wallets + 13 mio coinbase + 7 mio other exchanges = 25 million
-> 0,33% of people of this world have over 100usd in Bitcoin in this calculation

If it would be 100 million, then it would be 1,3% of the world population
having over 100usd in bitcoin.

900k reddit subscribers, 500k active addresses last 24 hours,
34k daily tweets, 34k github stars

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html   
https://bitinfocharts.com/bitcoin/


-
Coinbase has 13 million accounts in November 2017
-> anyone knows how many accounts there are now?
Mayor online brokerage Charles Schwab has 11 million accounts
https://futurism.com/coinbase-users-surpasses-charles-schwab-brokerage-accounts/


-
~ 22 million bitcoin wallets (bitinfocharts.com)
Survey 5000 americans:
5 % of them hold bitcoin, that would be 16 million people in the US if accurate 
60% of them heard about bitcoin

Active users:
3-6 million active bitcoin users (not just holders) according to Cambridge university study
300 million paypal
700 million mastercard
1000 million visa

https://www.bitcoinmarketjournal.com/how-many-people-use-bitcoin/

There are 36 milion millionaires in the world right now
(https://www.inc.com/business-insider/36-million-millionaires-in-the-world-hold-46-percent-wealth-credit-suisse-global-wealth-report-2017.html ).
So it’s not possible for every millionaire to even own 1 bitcoin.

If only 5% of the money that is in gold would go into Bitcoin, 1 btc would be 25k usd
If bitcoin has 10% of gold market, bitcoin would be 50k
(https://www.bitcoinmarketjournal.com/bitcoin-price-predictions)
Since 2018 Bitcoin is regularly talked about on TV, on cnbc




- Bitcoin historical prices and returns:
https://www.buybitcoinworldwide.com/price 
+62000% in last 7 years -> that’s an average return of x% per year -
am too dumb to calculate average return per year, please help me
(1 dollar becomes 62000 over 7 years)

6600% in last 5 years -> am too dumb to calculate average return per year,
please help


-
https://www.bitcoinmarketjournal.com/bitcoin-vs-sp-500/
https://www.buybitcoinworldwide.com/price/ 

S&P 500 had average yearly return of 10% since 1928;
17% since lthe last crash in 2009

Bitcoin returns:
600% approximately last year (1000 to 6000)
50 000% in last 5 years
400 000% since 2010 (0,05 usd to 20k usd)

This was done with random prices in the year (no highs or lows):
year, price of 1 btc, return of the last year
2010     0,1 usd
2011          1        x10
2012         5        x5
2013       10        x2
2014    100        x10
2015    300        x3
2016    400        x1.3
2017    800        x2
2018  7000        x9

This was done with random prices in the year (no highs or lows).
Is there any website that shows 'average price of year'?
(this is just a joke: 'trend' says next 4 years are slower years)

Market cap:
Bitcoin: 130 billion
Apple: about 1000 billion
Value of all Gold: 7000 billion
(https://www.bitcoinmarketjournal.com/bitcoin-price-predictions/)   
Money held in offshore tax heavens: 20 000 billion
S&P 500: 21 000 billion 


- Bitcoins longest time it took to make another All Time High ever:
1131 days, about 3 years from December 2013 to December 2016
-> more interesting would be ‘from old ATH to new ATH –
where was lowest price to buy?’ -> after 2013 ATH lowest price was about 1 year later
https://athda.com/Currencies/BTC/Page/all 


- VC investment in crypto companies (without ico’s):
2017 was the biggest year till 2017, 2018 is already bigger than whole of 2017;
1300 million dollars invested in the space so far totally.
https://techcrunch.com/2018/05/20/with-at-least-1-3-billion-invested-globally-in-2018-vc-funding-for-blockchain-blows-past-2017-totals/ 


Money flowing into this is big, this industry is not going away.


Merchants accepting bitcoin: how is that going?





- Bitcoin looking good in 2 years (end 2020) - Developments:

- ETF
(they can postpone deciding on the good ETF till February 2019 I think)

- Lightning
(What is missing? A wallet? Is there a timeline?)

Segwit adoption: https://p2sh.info/dashboard/db/segwit-usage?orgId%3D1%26from%3Dnow%252Fy%26to%3Dnow&orgId=1&from=now-1y&to=now

Lightning adoption: https://p2sh.info/dashboard/db/lightning-network?orgId=1&from=now-1y&to=now

- Halving
(May 2020 – https://www.bitcoinblockhalf.com/ )

- Longest time to reach old ATHagain was 2 years so far
(dec 2014 – dec 2016, at about 1000usd)

Furthermore Tether seems to really have it’s usd amount in banks.
https://cointelegraph.com/news/tether-has-enough-usd-to-back-tokens-says-law-firm-in-unofficial-statement
https://youtu.be/_ZjNOwKi2tI?t=8m20s - one vid saying Tether did not manipulate

De-centralized Exchanges already here but will be better?
How important is this actually? What are the big advantages?
https://cointelegraph.com/news/binance-releases-demo-of-decentralized-exchange

Schnorr signatures coming in 3 years?
What does this actually do? Make transactions cheaper?

Custodians, making institutional money possible:

Robinhood: US Stocks brokerage app enables buying bitcoin in 5 US-states, it has 4 million costumers in total
https://news.bitcoin.com/robinhood-starts-rolling-out-cryptocurrency-trading-today/ 


Custodians: Institutions can buy crypto there
(cause they are not allowed to hold the crypto themselves, for security reasons)
Coinbase since July 2018 -> 10 hedge funds as costumers
Northern trust since about beginning 2018
Gemini also does
https://cryptocomes.com/coinbase-plans-to-expand-its-custodial-service-by-adding-37-new-crypto-assets 


Bakkt:
Makes the same thing as ETF?
Intercontinental Exchange (Parent company of New York stock exchange,
second largest owner of financial exchanges; first is CME) is launching Bakkt in November.
They want to make Bitcoin available for 401(k)’s pension funds.
As a next step they want to enable an alternative to credit cards
(merchants pay 1-2% of the price of goods for credit cards?)
(they partner with Microsoft and starbucks)
(They can do this eg for big companies when both are their costumers by
not even writing on the blockchain directly but just changing the centralized database)
Coinbase and normal exchanges are ‘marketplaces under state laws as money transmitters’.
Gemini Winklevoss is a ‘trust company’ in New York. Bakkt would be another type,
that would be SEC and CFTC regulated. Institutions only want to buy from these. 
http://fortune.com/longform/nyse-owner-bitcoin-exchange-startup/


By the way, what about Bitcoin RSK sidechains (smart contracts on bitcoin network)?
It was big news in 2016 and 2017 that it’s coming it seems, since beginning of 2018 it’s
‘we are opening our MainNet Network in a staged approach’
https://www.rsk.co/
That’s the most recent article I found about it, from 3 months ago: https://medium.com/gurucapitalng/what-is-rootstock-rsk-the-bitcoin-sidechain-no-one-is-talking-about-838c4b0a668f


Bitcoin price predictions:
https://www.bitcoinprice.com/predictions/ 
https://coincodex.com/article/1779/bitcoin-price-predictions-2018/
-> like 15 ‘bitcoin gurus’ who basically all said in first half 2018 ’20-50k end of year 2018’)

Global Everything bubble pop / crisis: Bull run since 2009 –
a ‘crash’ is overdue. How will Bitcoin price react when it happens?


AGAINST
- Writing down on a global list whenever someone buys a lollipop is Bullshit
   -> but this is just the most basic underneath layer.
         Lightning will be layer on top, with basically free transactions

- Bitcoin doesn’t work, when it goes to 20k it becomes unusable because of fees -> lightning again
(also a bit schnorr signatures?)

---

Crypto pics:
https://imgur.com/a/RGm6dO1 https://imgur.com/a/RGm6dO1

Someone wrote 'Last era of bitcoin'?
It seems to me there is hardly any risk anymore.
2014 bitcoin was 'weird internet money' hardly anyone knew about.
Now: It's an Asset class and mainstream Television talks about it, it's price is listed in financial internet sites - dollar euro yen bitcoin.
And lightning network. lightning lightning lightning. Probably the biggest improvement on bitcoin since inception?
And: Countless people now know bitcoin - since december 2017. Many many many people signed up for exchanges. Exchanges were overloaded for months? All these people will be more ready to buy the next rally.
2020 is next halving. Less and less supply - even if bitcoin would be a worthless ponzi scheme, it would be a cracy good bet because it's a worldwide - and daily more and more people become old enough to buy bitcoin.

Short term i think bottom is 6400, let's see.

ps if tether news goes worst case and it turns out tether made money out of nothing and pumped the crypto marketcap by 300 billion, then it's really bad, it means the whole last rally was artificial and real price should be something like 2000
Altough in the mega trendline bitcoin now 'should be' pretty much at around 8k)

ppps wrote this as an answer to a post but i was a megalomaniac thinking i will start a whole new thread

[Do you have a strategy when you want to sell in a bubble?]

Do you have a strategy when you want to sell in a bubble?

I guess I look for a strategy where I determine my sell-strategy by setting specific ‘sell when x’ beforehand.
- certain indicators being over or under a certain value.

Do you look at certain indicators being a certain value when deciding when to sell?

Ok, I guess I should take a Technical analysis course.
But still, I am interested - what indicators+values do you guys look at to guess a bubble top?

Thanks


ps so far in history i did it like this:
I ‘kinda tried’ to call the bubble top, but in the end never trusted myself enough and basically just ended up holding through the whole bubble.
My best strategy right now is: when i 'feel' that this really is cracy now, start selling slowly.
-> this is a really bad strategy, so i am looking for a new one.

Another one was: If btc falls 40% within a week, sell on the rebound (80% of ATH)

Is it true that with additional value bubbles become longer and longer in timeframe?

Was unsuccessful on google. Am a newb.

- I want to look at the balance of my coins on the respective blockchain explorers (instead of logging in the Ledger nano)
- Therefore i need the public key, do i
- Where to find the public key in my ledger?

I tried to find the public key of my dash coins and my bitcoin gold so far.

Eg Bitcoin gold: I have 3 operations (sent/received) in my bitcoin gold ledger.

I checked all these adresses on btg blockchain explorer:
- on every operation i checked the 'to: ' and 'from: ' adress
- i also checked the address from the 'receiving' thing

Result: No address had the bitcoin gold. (That shows in my ledger) It showed the transactions it did, incoming and outgoing.

Thanks a lot

Wie sichert ihr eure Cryptos?

Die Idee hört sich fantastisch an für mich:
3 ledger nano s kaufen.
Eine Seed erstellen und bei den anderen 2 Ledgern recreaten - 3 ledgers mit derselben wallet.
Dann seed zerstören.

Jetzt hat man 3 ledgers.
1 zum verwenden, 2 andere wo gut verstecken (zb Banksafe, oder im Auto oder bei Freund).
Oder vielleicht besser: pin in banksafe haben.

Fälle:
Es stiehlt wer: kein Problem, hab 2 ledgers übrig. 8 nummern pin ist unknackbar.

Haus brennt nieder: kein Problem, hab 2 ledgers über

Werd gefoltert: Jetzt wird es komplizierter, braucht hidden wallet und zweiten pin den man vorher einstellen (und merken) muss

https://standardcrypto.wordpress.com/2016/01/19/if-you-cant-provision-a-good-hiding-place-for-your-hardware-wallet-seed-phrase-maybe-you-dont-need-to-back-it-up-in-the-first-place-use-multiple-wallets-plus-pin-instead/

[Anyone knows a porftolio tracker that can do this:]

Anyone knows a porftolio tracker that can do this:
- Desktop (not mobile)
- able to import everything automatically - from Bitstamp and Bittrex



Cointracking.info would work, but this one is for pay (lifetime is 0.5 bitcoin!?)

Or if not, what is the next best desktop thing?

ps some i looked at:
- https://cryptoportfoliotracker.com/: also looks good, it allows imports, but it does not support Bitstamp,
it's 0.004 per year (about 70 dollars)

- https://altpocket.io/ :
They have Bittrex api, but no bitstamp



- https://cointrackr.com/:
Not really a tracker, just tracks whole porftolio or something

- cryptfolio.com
only has some 20 currencies
But offers bitstamp and bittrex api

- https://bitcoin.tax
Support bitstamp and bittrex api

- https://www.cointracker.network/
Support bitstamp and bittrex api



Ok, so one of these it seems:
www.Cointracker.network
https://bitcoin.tax

- https://bitcoin.tax
I don't get it.. it only imported a handful trades

- www.Cointracker.network:
Allows api input from Bitstamp and Bittrex
But: Supports only BTC, ETH, LTC, Dogecoin

Being your own bank – the hassle of securing your Cryptos

Let’s say theoretically you have 3 mio dollars in crypto (I don't, but to make this whole thing more pressing).
All your wealth.

Now you can leave it on an exchange, login with your password and 2 factor authentification. See the worth, have all coins nicely together, be able to buy and sell and send.

But everybody says ‘don’t leave it on the exchange’.
Because exchanges get hacked. Or hack themselves. Or get bankrupt (?).
Or something else that is weird.

Let’s say theoretically you have 1 mio dollars in crypto.
How do you secure it?
Concretely?

I guess being your own bank kinda sucks.

I want to find a good security strategy.
Links and tips welcome.


Eg Paper wallets
Nice, but where do you keep the paper?
In a safe? In your house? House burns down?
You remember the seed and check if you remember it every morning?

Ledger / Trezor.. hardware wallet.
Again.. you keep that in a safe?

One multi-coin wallet to rule them all? Where you learn the seed so you can repeat it in your sleep?
One wallet for each coin?
One wallet for about each 20k?

Thanks for comments

Hi there,

how did the China-Ban turn out?

They banned all crypto exchanges?
The miners can't sell their bitcoin anymore?

(i know the price of bitcoin rose)

From Email:
YOBIT

Dear YoBit Users!

Bitcoin Gold balances will be added in 70 hrs (24 okt), timer: https://yobit.net/en/bitcoingold/timer/

BTC deposits/withdrawals will be disabled in 67 hrs (24 okt).


Sincerely yours,
Team of Yobit.Net

https://bitcointalk.org/index.php?topic=2274082.0:

Yobit and Binance are supposed to support it

Please feel free to add more info about other exchanges

[Bitcoin must have created a biiig amount of new millionairs, doesn't it?]

Hi there

I was thinking
Bitcoin must have created a biiig amount of new millionairs, doesn't it?
I mean people who got interested in bitcoins early, liberals, doomsday government critics, criminals and drug users who used silk road, normal poor people like me. There must be a vast amount of cracy stories of people finding themselves filthy rich.
Did you get rich? Would be very interested in stories.

Mine:
I invested about 10k in bitcoin at about 600 usd, that was about 4 years ago. Was all my money at that time, i saved it in the 6 years before that. Read some book about where to safely invest that did not mention bitcoin at all, then i saw video about bitcoin and put money there.
Then it went lower for more than a year, down to 200usd. When it finally went over 600 again, i sold 1/3rd, argh
So it's about 8x to 80k now. Great stuff, but 80k is not exactly big money. (But it's big compared to my income, it's about 8 years of my salary actually)
Stupidly i did not put my money i saved in these years into bitcoin.. i just did put it again into Bitcoin recently - i decided to go all in again. The bet is that bitcoin goes to 7k or above in next 5 years. (If it goes below 3500 i start to lose my not-yet-realised wins, if it goes to 7k i will have 200k, if it goes to 15k i will have 400k; - 200k and 400k (euros) means different amounts of financial freedom for me: of not 'having' to work to just survive, but to have income through just having money. (6% interest of 200k is 12k euros per year. I can live off that)

From 3000 to 3600 btc/usd

Bulltrap? Or Bull run restored?







Bulltrap:
China closes exchanges and price rises?!

Bull run restored:
Bounced on weekly MA20