In Bitcoin land most of the gains are booked within a very small time frame. It wouldn't really surprise me that the actual pumping starts just a month before the halving, then sell off a day or two before the actual halving (sell the news event), then trend up from there and really explode later on.

I do not believe that the halving is priced in yet, but what does somewhat bother me is that so many more people are focusing on events nowadays. There is no shortage of youtubers and whatnot pointing out the block halving, certain pattern formations, etc. This is exactly why I do expect a very late pre-halving pump, just so that it comes as a surprise when people are disappointed that the price hasn't done much.

In a market where you can go both long and short, you can make money in either direction. People here however only know buy and hopefully sell higher. If you just follow the trend, you would have done well being short. Most important aspect is patience when the price is going down, because the pain isn't going away instantly, but drags on for a long period of time.

This forum isn't really a good representation of the sentiment. People here are just as volatile as the price itself is. Price down means hell breaks loose, where price up means $100,000 before the end of the year baby!!

Interestingly, when other mobile phone and computer manufacturers try to get rid of the headphone jack or in this case the legacy USB slots, they are facing serious resistance from all corners, but when Apple does it, it suddenly becomes innovation and a risky but very forward looking vision.

I'm really glad that with a paper wallet or other offline form of storage where you can always have access to your keys, you don't have to worry about getting yourself ready for the next big change in technology. The risk with paper wallets or physical coins such as Casascius is that you have no clue how long the private key will remain readable.

Adam Back recently tweeted about an absolutely stunning 1000BTC Casascius coin, where his point is pretty much the same. What if the private key is no longer readable? You literally risk 1000BTC, in 10 years most likely worth +$100 million.

I would find 1% even a lot. It's such a horrible service to offer in an already crowded market.

On top of that, it's against what crypto is invented for. People praised this space for not needing banks and whatnot, and what are the same people doing? Use centralized honeypots far worse than any actually regulated financial institution. This is not progress. This is going to a system that will fuck you up harder than anything you have used before.

You don't solve a problem by inventing something that only makes a problem become a bigger problem.

Thank you for your civilized response(s). It's refreshing seeing a BSV supporter react to critique like that.

It's great for people that they have their own networks to support. It's better for Bitcoin too because the big blockers clearly were doing everything in their power to force their will upon Bitcoin but failed. Now they can successfully force their will upon their own networks. Everyone happy.

Not sure where you plan to 'get some' reviews from, but it would add way more legitimacy to your service if you contacted a few trusted forum members to test your bot and honestly compile a review. I do not add value to reviews from random people praising a service in a time where reviews can be faked or paid for. What I do add value to is seeing trusted/well known people praise a service.

Starting on this forum is the best option moving forward in my opinion.

I think it's safe to say that just the fact that your account is growing in size is already something that satisfies you enough to a point where your only next target is to have it grow even bigger. Spending or whatever will only make it go down, thus not really something that you are going to do.

In my case, I do spend quite a bunch of satoshis on a monthly basis, whether I make profit or not because I do believe that Bitcoin is cash just as much as it is digital Gold. I always make sure to buy back every single satoshi that I have spent to not lose out on purchasing power in case the price goes through its next parabolic cycle. I hope more people do that.

In the end, I do not really care much if people are spending their coins or not. It's their money and they can do whatever they want with it. There are just as many valid points to be made for spending coins as there are for not spending coins.

It might look good, but all we did is have a minor increase to test the downwards sloping resistance of the descending triangle we're in. We have thus far not managed to close a 4H candle above it, which seems pretty indicative of sellers happily selling that most likely to be top. We will likely see a break before the end of next week. These patterns are bearish so don't be shocked to see the price dump to low $6000's.

Positive note is that we yet again have hit an all time high in hashrate, which could be an indication that miners for now are done dumping and thus there is less selling pressure. In case the descending triangle has a bullish breakout, low $8000's is a realistic next target. We'll see how it goes.

It's far more likely that Bitcoin becomes a unit of account before it reaches $1 million, which means that the valuation won't matter that much anymore.

I however don't like going ahead in time that much. Let's first get the price to break its all time high and then important barriers such as $50,000 and $100,000. After $100,000 we can start talking about $1 million in a more serious and sensible manner. Everything takes time, so let's appraciate the opportunity we have today where we can buy Bitcoin below the $10,000 level.

As a perma bull, I like to have as much time as possible to accumulate Bitcoin at current levels. You only have such an opportunity once. Whenever we go through the next parabolic cycle people will blame themselves for not having bought more coins at current levels.

It's kinda funny how Gold bugs praise the industrial utility of the metal, yet are clueless when it comes to acknowledging the fact that its value is largely dependent on speculation. The higher the price of Gold is, which is driven up by speculation through derivatives, the lesser the industrial demand is for the metal.

Silver and some other metals have seen a massive spike up in industrial use throuhout the last decade, while Gold's industrial use keeps sinking. In a world where cheaper products matter, and we have so much choice between cheap products, it only makes sense to not use Gold because there is no way you can compete with the rest.

In terms of jewelry Gold isn't losing any popularity. The more expensive the metal becomes, the more people want it because it allows them to use their jewelry as symbol of status/wealth. Who doesn't want to own plenty of something so shiny and expensive? Added benefit is that it also represents money and value, which throughout the years will only further increase.

The weakening dollar has done Gold extremely well lately. It's near closing its highest weekly candle in almost 7 years. That's extremely bullish and I'm kinda leaning towards the possibility of seeing Gold test levels near $1700 in 2020.

Bitcoin on the other hands doesn't seem to get much love as result of the weaking dollar. Doesn't mean it can't still happen, but it's clear that smart money is ignoring Bitcoin, and I honestly can't blame them. If you look at both charts, it's easy to pick Gold and ride the market up, especially if you are leveraged.

https://goldprice.org/

There is little to no actually interesting/informative content if you put it against the ocean full of shitcoin/shill content available. I however think that people should be allowed to make such content as long as it doesn't breach any actual terms, not some made up vague terms no one has a clue about what they actually are.

The problem with the interesting/informative channels is that they are 'boring' to most people. They do not care about Schnorr signatures or any other technical aspects of Bitcoin, they want you to talk about what shitcoin will pump hard, when Bitcoin will moon again, etc. Most channels adapt to that because it yet again comes down to supply and demand.

It's a free market, and I support that even though I'm of believe that people are just getting themselves rekt hard. In the end, losing money helps people to become smarter and avoid outright scams. Doesn't mean they won't fall for scams that conceal their scammy nature better, but at least the lower tier scams will not be what they fall for anymore.

I hope so. It shakes out those who aren't in here for the long haul, but just want to extract liquidity from this space and leave.

In the end, if we focus on the common folks, they do not care about Bitcoin at today's price still being a better performer than most other assets/commodities. All they see is a peak of nearly $14,000 and current price of around $7000. The Peter Schiff's of this world happily use that to scare off potential newcomers, and as long as the price keeps going down, they will think he is right.

Admittedly, Bitcoin does look bearish from a technical point of view. If we go by the trend, it's more likely to see lower lows than higher local highs.

People vote with their money. No one is forced to put anything in Bitcoin or to not take it out when they own some and want to get out.

If I don't like what Bitcoin is, I'll dump most of it and put that capital into another coin. The very fact that people aren't choosing BCash or BSV is that they firstly aren't unique (hundreds of altcoins are faster, cheaper and just as, if not, more scalable), and secondly, they are lead by entities who most normal thinking people don't want to be associated with.

You vote with your money too by holding BSV. It's a vote that hasn't worked out well and probably never will unless we go through a 2017 like mania again.

How original is original when only a handful of (mostly shady) people believe it is so?

Also, patents are a plague to anything that supports freedom and free use, which in the end, makes the world a better place. Enterprises don't need Bitcoin at all, just a database that works and allows for more scalability where decentralization is never at risk because that's not their aim at all.

Roger Ver is a douchebag, but at least he doesn't give a damn about patents and the law. The sole purpose of crypto is to not give a damn. CSW could very well be a government spy.

I'm not familiar with how they use that platform, but the most likely reasons are that they either stay just below the threshold, or have a bunch of other 'anonymous' accounts there each staying below the threshold, but combined the actual USD throughput increases significantly. Multi accounts however is against their terms;

https://paxful.com/support/en-us/articles/360009979374-Rules-for-selling-bitcoins

They do not directly refer to the threshold, but common sense is enough to know that it is also system abuse, but likely even worse.

That's the actual concerning part. OP (applies to anyone basically) isn't super trusted on this forum, so you have to be really careful that you don't expose yourself as part of something fishy, or something that the authorities deem fishy. The small bounty you're earning isn't worth the potential trouble you're getting yourself into.

Not implying OP has ill intentions, but at one point someone else you are doing a favor might have. Better safe than sorry. I'm sure OP will find a way to get the job done himself.

That's what wanting to get rich quick does to people who badly want to change their financial situation. The worst part is that quite a bunch of them somehow convince themselves that they accept the risk of potentially losing their money for using a scam site, but when they actually do lose that money they suddenly realize that they fucked up and start complaining on social media.

In my opinion these people have no right to complain. You gave a scammer your money and you lost it, what other outcome is there to expect you moron?

This happened in 2018; https://bitcoinist.com/lightning-network-black-swan-cryptograffiti/

It's more like a solid piece of marketing, because if such an auction was to be held today, with Lightning being much more adopted, it potentially would fetch a couple of hundred dollars.

The victims are the imbeciles using centralized services to store coins.

Exchange hacks (even if they are real) can still be exploited by exchanges to claim that not 5000BTC has been hacked, but 7000BTC, where the other 2000BTC ends up in the pockets of the operators. It's less likely to happen on an exchange such as Coinbase, but come on, so many other exchanges are operated by people you don't know anything about.

Bitcoin is THE definition of a powerhouse in terms of security. Only people can fuck themselves up badly.