Yes, at this point most people know most ETF's wont get approved anyways and they also know only a few are really important so the rejection of the ''shitty'' ones will certainly not move the market, however the rejection of the big ones will, for sure. They will keep delaying indeed, I think they can until March, I don't remember but there was a chart showing how many days they can delay.

Serious discussion please.

Obviously some alts can have significantly bigger gains than bitcoin when it comes to long term and bull runs, the last bull run from 6k to 10k for example, sure bitcoin was strong, almost a 2x but some of the top alt coins did more than a 2x even 3x. However that's only long term.

Short term I don't see any reason to trade anything other than bitcoin, especially knowing how little volume some of the other coins have, even top 10 alt coins, for example stellar only has 33m volume. So my question is, what's the point of trading stellar, for example, instead of bitcoin? You know that even if you are a whale and trade a lot, you wont be moving the market as much, if you have 1m and you trade stellar, that's already huge and we all know the 33m volume is probably not even real, a lot of it from bots trading.

It's also much easier to follow bitcoin because, well, the whole market follows bitcoin. Bitcoin dictates where the market goes.

Not really, ETF FUD was what made this small bull run possible in the first place, obviously right now bulls are strong, even after this small downtrend, in my opinion needed for the bulls to be able to push the price even higher but most of this was only thanks to ETF's

Ethereum is the only cryptocurrency with real use, ok not the only one but pretty close. A lot of tokens depend on it, 99% of the other coins are useless and have no use, I think people invest too recklessly in ICO's and coins.

Actually in crypto you can start investing with just 1 dollar. It's the only market that can give you enough returns to make 1 dollar worth it. Imagine bitcoin, you could buy bitcoin at 1$ with 1$ and make 20k eventually when bitcoin hit 20k. Obviously it's an extreme example but the returns in crypto are incredibly higher than any other normal market.

''because prices are extremely cheap'' compared to what? I don't really understand people saying that, it's a meaningless thing to say. Was the price cheap when it crashed to 10k from 20k? Who decides when you can call it cheap? It's only cheap if bitcoin reaches 50k, it's not cheap if bitcoin never goes above 10k ever again.

There is 0 reason to think that it will follow what happened last year. All the hype last year was different, first of all, bitcoin was escaping a 3 year bear trend, also the upcoming fork helped a lot with volume and people buying into bitcoin, after that it was pumped by the masses because of FOMO (fear of missing out) everyone was buying at any price. Something like that wont happen again unless we break 20k, even if we break 10k people won't FOMO like the last year because instead of having fear of missing out they will have fear of crashing again seeing how bitcoin crashed already 3 times after small bull runs this year.

Exactly, they would just use blockchain in any case. Besides cryptos aren't even that great when it comes to currencies. They are great for other things but not even close to your normal EUR or USD payments. They always tell you, oh bitcoin and cryptos are really fast, transactions are fast, I can pay anything with paypal instantly, always or credit card lmao. You also have a lot more security if you fuck up which is also much harder because you don't have retarded addresses like a1412x1348e1df71783172178185712 and other complicated stuff for the average person.

Can't tell if you are joking or not. PD: OP was joking... clearly..


Honestly I keep hearing that blockchain will destroy governments and banks and that they are afraid and yet nothing ever happens. Cryptos are great but they aren't that great, people should stop being fanboys and accept reality.

Personally I think it was needed to have a small downtrend to cool off the daily RSI. There was no room for more bullish action without significant news with that overextended RSI. Now that it's cooled off a little bit, we might see another bull move. Personally I'm watching the 7200$ level and I use Bitfinex, much better than Bitstamp.

Unfortunately when you look at the ''experts'' predictions, they never match, not even close. Some ceo of some company said bitcoin will reach 40k this year. Someone else actually said 65k, that's not a small difference. Point being is that even if the ''experts'' can't agree then what's the point of making these predictions? Of course being bullish on bitcoin is something else, you are not necessarily making an accurate prediction.

''because the price is really cheap'' Is really cheap compared to what? Wasn't 15k ''cheap'' compared to 20k? What about 10k or 8, etc etc. No such thing as really cheap. As I said people look at this the wrong way, when something falls so drastically, people don't think it's cheap anymore, people think it's trash.

''too much demand for prices to keep falling'' I don't see how that works. Why would demand increase? We already saw what happened when bitcoin crashed from 20k. There was no demand capable of stopping the crash. There is no reason to think there is going to be more demand when we hit 4k. In any case you could argue that demand will go down as people will lose even more interest in bitcoin.

As I said many times, there is really no point making these ''predictions''. They aren't predictions, they are inventions. There is no analysis capable of giving accurate results when it comes to that time frame. At most with technical analysis you can make educated guesses short term. Fundamental analysis might allow you to make longer term predictions but they can't be very accurate.

Thank you for your great analysis based on nothing. First of all ETF's are going to get postponed over and over again so this small bull break we had thanks to ETF FUD might not last. In the unlikely event that ETF is passed this next month, then sure Bitcoin might get a shot to hit 10k however, always remember that, you buy the rumors and sell the news.

His analysis isn't that great, I'm not saying it's bad but he is not very good either. He might be able to fool you because you have no experience but he clearly doesn't even understand what a bull trap is. I suggest to watch TheChartGuys on youtube. Dan is honestly one of the best, if not the best analyst out there, at least for free.

Never trust those websites. Some of them are paid by ICO teams to have a better score or to have a score at all. Do your own research. People who know how to look for a good ICO wont tell you for free. So you either buy a course from someone that actually knows or you learn to do the research by yourself.

If I knew those reviews were 100% real I would say yeah, it's great. Looking at it myself, yes it definitely seems like a good project but time will tell, as always.

A bull trap? Do you even know what a bull trap is? ''A bull trap occurs when a trader or investor buys a stock that is about to breakout above a resistance level '' In this case we already had a strong follow through above resistance, this can't be a bull trap.

And you know this based on what exactly? ''without any loss to your investments.'' Without losses? DAMN you must be a time traveler to know all this. There is no way to know what's going to happen in a month, you can make educated guesses (certainly not an exact price/date like you did) but that's about it. It is ''stable'' above 8100$? It has been above 8k for only 1 day, why would you call that stable?

Pretty clear scam, almost like they are not even trying to hide it honestly. Definitely fake. I know some projects that have investors or someone in their team that wants to remain anonymous and they might use someone else photo but in this case it's clearly not that.