Just because prices are not what you want right now doesn't mean that there wasn't any bull run neither, bull run is not something that lasts forever and ever, it is something that happens and stops. Ethereum for example is not near the 800 dollar levels right now and that might make you feel like it is not on a bull run, but it also moved from 130ish dollars to over 550 dollars, nearly 600 dollars.

Isn't that a bull run? That is a bull run for sure and I do not understand people who assume that just because it is not going up right now they do not see a bull anywhere. It had a bull run, just like all other coins, they all had a bull run, and for now that bull run looks to be over, maybe it will continue and this was just a stop, or maybe it is done completely but it did happened.

They have also bought some ethereum as well, they are really going all in with crypto and that is something great for all of us. If these huge companies trust bitcoin and crypto enough to put all their money into crypto, who are we to judge their move and not make the same thing?

I am still increasing my portfolio and going in, even at this high price I am not going to change anything at all and will keep investing into crypto for a while more, that is the only method I know how to make money in this world (crypto world) and these huge companies doing the same thing gives me courage to continue since that just means they are doing this with hundreds of millions of dollars and if they are willing to risk that much they must know something is going great in crypto and I trust them.

Well, with multiple accounts and against house edge results could be profit or loss, and if it is loss that is bad but if it is profit you get something, here you get something even if you lose which is great.

However how would you plan on trying to stop people from gambling with very very low odds of losing, like 90%+ chance, even as far as 99% if it is there (don't remember what the max was) and betting very small amounts and just leave it to automatic. That should probably give them a huge wagering amount without really losing too much money neither, it is still the same amount of money lost in the end, you will lose it all in the end, but it also allows them to wager more money before they end up losing it all.

Yeah we got new entrepreneurs but I honestly feel more businesses were closed than the new ones opened due to the lack of of funding and financial crisis among small scale industries.

We might have got new payments methods like people above said digital payments and cashless transactions but frankly speaking the only way this digitalization is going to work, is by means of adequate education.

Often I feel like we get carried away by new technologies and digitalization because not everything that is being done digitally is great and not every physical activity is poor.

Price will be around these levels for a while if you ask me. It is denying to go under 17k and that means it will go higher than 17k anytime it goes under 18k, and it is not going above 20k as well we have seen that, which means between under 17k levels and over 20k, the middle place is around 18k something and that means we are going to see price around these levels many times. Buy it when it is under 18.5k and sell it when it is over 18.5k and you are going to probably make a lot of money.

I have seen bitcoin move above and under certain price many many times before, it does this whenever there is no price movement directly and it just moves like a sailor in a bad weather. At the end of the day we are going to see these movements for a while more until it decides where it will go.

I believe we need something major to change things up a bit. I know that the biggest trouble right now is the transaction speed and cost, so my vote goes to finding a way to make transactions in bitcoin a lot faster and cheaper, if we can do that the price of bitcoin can go up a lot more, and I mean literally a lot more, such as 40 thousand or more dollars because that is something that keeps bitcoin movement rigid right now.

However it doesn't have to be something like this, it could be anything close to that and I understand that it would definitely make something more logical happen in the future, I can't think of anything like that, only example is the fee's but anything that makes it go up a lot more would work, we just need some changes.

Being disciplined enough to hold as long as you have to will bring you profit no matter what, that is a guaranteed way to make a profit in crypto world. However do not forget that we are talking about crypto and prices do go down and up and down and up constantly, which means even if you know that you are going to definitely make a profit from just holding, that is not the only way to make money and that is why people want to make some profit from trading as well.

If you could make a profit from direct increases that is great for you, but if people could make 2x more profit from buying and selling constantly everyday that would be better. Both of them are possible and none of them are a wrong way to go, it is just a difference of patience and also there are more risks involved with trading.

Nothing much you just have to go for any coin that you think it’s really good. If you’re going to be a day trader you’re going to be steady looking out for the good coins in the market and trading them to make profit. Unless you’re not really a day trader and what you just want to do is to buy and hold for long.

Even at that you will still have to do your research for coins that are more likely to bring you profit when you hold them for as long as you can. Bitcoin is one that hardly disappoints, but all can still go down , and you have to know when you should be buying, wrong timing is very bad. You can see those that bought at the last ATH are yet to see the price go any reasonable length. So it’s good to be careful.

Those that are saying that Bitcoin will reach $400k are just exaggerating everything. The price will increase but this $400k they are saying is not going to happen, they can see anything less than $50k and I will believe it, but anything above that price range I am not going to believe it.

We are finally in the month of December and it is already middle of the month, the market has only managed to get to $20k before falling back again and we are at below $18k, will the price still go up further than the ATH? I saw one of the charts predicting $400k and it predicted December, and I am not seeing that being possible, it’s all hype.

Your last paragraph is what I didn’t get you said that gold has reached its all time high in the US dollars but that its real value has not reached an all time high. I didn’t get that last paragraph, so if it’s not the US dollars what then is the real value of gold calculated by? EUR or something else that is not really a currency?

I don’t know for you, but as for me, whatever value you’re seeing them in the USD, that’s their value. Bitcoin reached all-time high, and it did for real. What you’re seeing there is the real value, if it’s not then I don’t know what’s the real value for you

You’re saying this like you have not heard about banks’ digital currencies. Even the exchanges you’re saying we are going to rely are making use of banks. The money you send to them when you’re buying Bitcoin doesn’t just disappear into the thin air, it goes to their banks account, what they are doing is a business and they are making use of banks.

Unless what you’re going to say is that a lot of people are going to start making use of exchanges and also making use of crypto private wallets. We are yet to know what the government will do when they are done creating their own.

We just have to accept the fact that there will always be people who will not understand crypto fully, they will continue to exist for a very long time.

There is a great douglas adams quote that says "in technology peoples approach are the same, whatever existed when you were born were the natural order of things, whatever comes up between your age of 15-35 will be exciting and new career opportunity, whatever new after you are 35 is against natural order" and that's what I believe.

Nowadays that 35 is probably closer to 50 because tech improves very fast but I still think people approach things still the same. There are still people who do not know how to use mobile phones, not even saying smart phones, literally mobile phones that were first invented, the really old 20 year old versions.

Obviously it could definitely go up, price of bitcoin has always been something that is unexpected, it always did things we couldn't see beforehand except few people who gets lucky, but nobody really "knows" it, they just guess it and turn to be correct.

By the end, we could see $10k or $30k and either would be quite possible in my mind. I however like to wager on closer levels, like instead of doing marginal bets, if it is at around $20k, I would rather go with stuff that are $2k between, like not under $18k not over $21k levels, that $3k levels would allow me to both wager very little and still earn a decent amount at the same time as well. That is at least the most safe way, doesn't guarantee success neither, it is just a way to make sure you do not go for riskier stuff.

Yeah, a casino worker gets his salary when players lose so they would never want players to stop losing and as a worker in a casino doesn't mean you gamble yourself and hence a worker might not give the best advice. I have a few friends who are working as staff on casinos, I contacted them in live chat to ask a small problem and with time as we talk we are very close and have a few of them on telegram. I won't name any but there are many and when you talk to these guys you realize how low they are paid despite casinos earning so much.

I honestly feel the workers in a casino do a thankless job and while they might not suggest how to control finances but being nice towards them is the least we can do. About gambling finances control, I guess you gave the right advice just monitor your gambling and keep an eye on the bet size.

^^I do not agree with that type of logic, if you are not going to win with one account, you are not going to win with 1000 account neither. You could get lucky for a while and all but you are not going to suddenly start winning a huge amount of money just because you have multiple accounts, it will always be the same result. Instead of having 1 account crash with one bad streak, you are going to have 1000 accounts all distributed with same deposit, and one by one they are going to end up losing all of your money anyway.

I would have to agree that this will probably take longer for you to crash and have no money, because 1 account is quicker to gamble then 1000 accounts, but it is still the same game and same logic and still has a house edge so I do not see any changes in the long term.

That's right and not being greedy is as important as anything because the crypto market is so funny that today the same coin might make you millionaire while tomorrow it might drop and make a billionaire a beggar so cash your profits as soon as you see the opportunity.

I also think that while emotions, greed and panic sell are important factors but one must also learn the basics of trading because no matter how strong you are and how quickly you cash the profits without being greedy but all these things happen when you actually learn trading and understand how to read charts and what is technical and fundamental analysis for a coin.

There are people who are speculators and manipulators which does have an impact, all these huge moves are things we all do as community, nobody is powerful enough to bring bitcoin from 9k levels to $20k levels, nobody has that kind of money neither, you have to be warren buffet to bring that much money and invest. However when we have like $11.2k to $11.8k type of moves back in the day, that could have been people who are speculators and manipulators, they do not really make those kinds of moves because they can, they do it because they also want to and it profits them.

There are tons of reasons like for example short/long futures where if you have enough money you could liquidate others money and make it your own very quickly with just one pump or dump you could provide.

It may even reach 20k this year before the year ends. I honestly feel like there is a big chance where we could totally see bitcoin not only reach 20k but also reach above 30k in 2021 as well. Obviously there is no guarantee in this, we may see bitcoin go down to under 10k with the same chance as well, which means there is a good chance that either of those things could happen but I really doubt that we are going down for now.

Bitcoin is on a great roll right now and price is very valuable, I really hope that it will continue throughout the 2021 year and we end up with a great price later on. What we need in order to see 30k+ price in 2021 is to manage the hype somehow and make sure people do not go into panic mode and start selling all the crypto they have.

Why would most people always imagine that gambling with multiple accounts on some crazy scheme would make them richer? I mean do they really think that having just one account is the thing that keeps them from profiting? If people were allowed 100+ accounts they could have made a profit but since we are only bound to having one account only we are losing money? That has never been the reason why we have lost money, and it will never be.

The reason why we lose money is the fact that we do not have the edge, casino has the house edge on their side and that is why they make the most money, that has always been the reason why they make the most money. Hence why I believe it is vital to us all to realize if we create more accounts, it will be against the rules and dangerous while giving us no advantage at all neither.

I feel like gambling is a community thing and that matters. People who wager 1.5 dollars may not be a big deal for the casinos, people who wager 500 each time could be the real deal for them as well, but without one you do not have the other and that is why everyone matters. You can't have a casino with 3 people who wagers 1 million dollars per month combined for 3 million per month.

I mean sure that would make you profit a lot, but you can't have it that way, if you want 3 people who would wager that much, you also need thousands upon thousands of smaller people as well to have a community, no whale will play all alone in a casino all by himself, they will want to gamble on a famous and known casino. Hence you need a whole community to build a casino and not just whales.