It is pretty clear to me that he is talking to suchmoon.

He means that suchmoon's (un)application should be accepted.

If you had quoted the word "your", you would have seen it more clearly:

I don't see the point either.

The other day I was talking to some nurses and they told me that this kind of quick test is unreliable. I guess a lot of people will end up paying to have them done, simply because of the fear and hysteria that has been created.

Yeah, well. When one says "might" it means "it might" or "it mightn't", but we are in the speculation section so it's OK.

OP is correct in pointing out that we should worry more about the intrinsic properties of bitcoin and not so much about the price. But that doesn't sell. The news sell emotions, and those are better spiked by saying that bitcoin "might" reach $100K in less that a year than by talking about technicalities.

I think this thread is going to be bumped many times once we reach a new ATH.

There is no one that is the best. In any case, there are some that each person, individually, may find the best. We do not have an objective way to measure it, nor a procedure to establish it. If people, by an overwhelming majority, agreed on one, we could say that it is the best one, but I bet that the answers to this thread will be of the most varied.

I don't even have a favorite mixed alcoholic drink.

When I applied to be part of the campaign, I thought I had not been accepted because on the first page it says that it reviews applications in 24 hours, and about 48 hours had passed.

I sent him a PM to ask if he could give me feedback on why he hadn't accepted me, in order to improve and be accepted in other campaigns. I think it's better that way than feeling entitled and demanding answers.

In the end it turned out that he hadn't reviewed my application yet and he did accept me.

What you want to do is known as trading.But did you know that by trading on the stock market, 95-98% of people lose money? I don't have any data regarding trading with cryptos but I imagine that the percentage will be similar.

It is better to choose an asset you trust (because you have done your research on it), a company, or a currency like bitcoin, and just buy and hold. Or the system of dollar cost averaging, which consists in  buying the same amount every month. The problem with these systems is that they are usually boring compared to trading, but much more profitable.

But in general, yes, you should try to buy low sell high, which is the opposite of what the masses do: buy an asset when it is at its peak and sell it as a result of fear when it goes down.

I was reading the article and thinking about that. Was Coin Ninja operating in the US? If I were the owner of a mixer, I would have it in a tax haven, as many crypto casinos do.

I don't understand that running a business like that, he didn't get good advice about the laws and what to do.

That's just another excuse to rip people off. It's like environmental taxes, the ones added to gasoline, for example. Do you think the government spend them to plant little trees? No, that money goes into the common budget and from there they go on spending, which is the only thing they know how to do, spend, spend, spend.

If those taxes are imposed, then, when the COVID-19 crisis is over, the taxes will still be there.

I don't think the total money is as relevant as the percentage and, yes, I think the publicity is good but imagine that Amazon bought 10% of their assets in bitcoin. I hope that news like this will continue to follow, helping to normalize the holding of bitcoin as reserves. The day will come when it won't even be news.

That abstract question doesn't make much sense unless you specify. If there's a hyperinflation, the price of bitcoin will usually go through the roof. And it's not the same going to $100,000 or $1,000,000. Likewise, we need to take into account how much basic consumption articles would be in that hipothetical scenario, for example, if a loaf of bread cost $10 or $100.

So it all depends.

No. It seems they won't allow you to withdraw to your hard wallet:

"there was also concern that the new service does not allow bitcoin or other cryptocurrencies to be withdrawn or deposited. Once you buy the coins, they stay in your account until you sell."

Source: "Baby Steps or Handcuffs? Crypto Pros Assess PayPal’s Bitcoin Play"

Not your keys, not your bitcoin. It will be KYC. So, no, no, no.

It will help mass adoption, though, and will help the price to go up (it seems it's doing it already).

I want to wait and see how the US election ends, these types of events always affect the short term. The fundamentals are good, and this implies a price increase in the medium-long term, see hashrate for example. It seems quite likely that by 2021 we will surpass the last ATH by a long way.

Of course, historical average annual inflation has been around 3% for many years. Even if the USD and other currencies are devalued a lot, and in fact this has been happening for many years, it will take a long time to become worthless. By then, there would be other ways to reference the purchasing power of bitcoin without referring it to the USD, as has historically been done with gold.

Yes, that happened to me many years ago. It was before I understood the math behind the game. It's always a bad idea. Although there's a small chance that you'll recover what you lost, you're playing against the odds. The problem is that when you are trying to recover losses you are in an emotional state and this makes you go deeper into the losses.

LOL

These days, liking women with a penis, transvestites or whatever you want to call them, is not usually a problem, unless you live in a repressive country, usually a Muslim one. You create the problem by saying you're not gay. You have a problem of self-acceptance. Deal with it as soon as possible. You'll do better.

What? We are about to break through. Don't you follow the price? Technically we are following the same path that the bicoin followed after the last two halvings. I think everything is normal. Things go slowly, but in historical time we are going very fast. Don't worry. And don't get too anxious.

The next resistance is over 14k. A little less actually. But if we pass 14k, there is no theoretical resistance until we do another ATH, although this doesn't mean that we go from 14k to over 20k without taking any steps back.

Precisely, when reading the post, I was thinking precisely that.

As it has been pointed out above, it seems that the fear of losing the battle against a decentralized currency makes them want to join it.

We are seeing many small steps towards mass adoption. Now it just needs to be accompanied by a big boom in price and in a few years we will be able to see social changes thanks to bitcoin.

I follow the markets often, and I thought about that yesterday. The problem is that it is a very short term oscillation. It could stay the same. But bitcoin didn't always follow the market and it doesn't have to continue to do so in the future. In fact, I think it will be detached from the stock market at some point definitely in the future.

The thing is that the market has been assimilating bitcoin to a financial asset for some time now. Volatile, and high risk, but just another financial asset. It is not conceived as an asset with unique properties, which is what would make it detach from indexes like the S&P 500.

I also think so.

But I think he is partially right when he says:


The problem with the current system is that it is a kind of ponzi scheme. When a bank gets a deposit, of, say, $ 10.000, it can lend $ 9.000 and when those $ 9.000 get deposited (in another bank or the same one), the bank can lend $ 8.100 and so on. This works while expanding but there is not enough money to pay back all the debts. Incidentally, this is quite similar to how other schemes work, like public pensions or social security.

But I think this system favors bitcoin as it works the opposite way.