Increased capital gains taxes from frequent trading must be considered. Those paying a capital gains tax of e.g. 30-40%+, need to make excellent trades for trading to pay off.

There are also huge risks involved with shorting cryptos. I asked the TradingView chat about how how the hell so many of them said they lost all their money. The common theme? They were all shorting cryptos, and the whales destroyed them.

Let's see if your prediction comes true. It seems likely, but not guaranteed, as you make it sound. Remember that many people are buying and holding ETH simply for ICO investment, so TA must be taken with a grain of salt (as always).

For those of us who got in cheap, e.g., $8, a correction all the way to $95 is easily manageable. I sold half my ETH at $400 as a hedge, but I'm holding the other half to avoid the tax implications of capital gains. I believe believe the average person using a portfolio strategy (buy pre-pump lows of innovative projects, sell exponential pumps), is massively outperforming the average active trader.  Traders may get better exits on short and medium term moves, but the most reliable way to win is to buy innovative projects super low before the swing traders get in, and hold them until hysteria hits.

If capital gains tax did not exist, I would be trading more actively using Ichimoku. But I've run the numbers, considered the odds, and would rather spend my time on other things than trying to time perfect entries and exits to compensate for increased tax load.

I still own Bitcoins that I bought back in 2013 or 2014, I don't remember exactly but I remember I paid ~225$ for each. Two weeks ago I was talking about Bitcoin with a friend, he is not really aware how bitcoin works ect, he still thinks bitcoin is the money for the dark web... When I told him I own Bitcoin bought back in 2013-2014 for 225$ and now the price is ~$2500, he called me asshole, and told me why the fuck don't you sell them? Well for an asshole it's not a bad ROI currently...

The moment you realise Goldman Sachs is going to get short squeezed.

Good luck with that. See you at $1600        

Bitcoin Price Analysis: Double Bottom Reversal Chases Out the Bears


https://bitcoinmagazine.com/articles/bitcoin-price-analysis-double-bottom-reversal-chases-out-bears/

There are few participating exchanges for stellar giveaway, you can just deposit btc to these exchanges and will be credited AFAIK.

So sad that you need btc for these airdrops (I really like byteball!!) and I'm almost empty now

Please provide link of Bitcore. Tried to find but did not found.

I know this argument. Has some validity, but I am being pragmatic ... we won't find consensus for an "ideal" solution with minimal technical debt and the absolutely perfect tech. Flextrans is indeed interesting, but it seems that it is an one-man project and would have needed more testing.

This is me smearing it in your face: TOLD YA! For all these downvotes you gave me for bearish comments on ETH the last weeks, that's what you get. The pride is always the greatest before the fall. What is that? Did someone say "the flippening" ?! The flippening is real, bro! The flippening is coming. The flippening of ETH and ETC.

Congratulations to all these who shorted ETH a couple of days ago. Also congratulations to those who sold their ETH when it was high and made a nice profit. Because there's nothing wrong in making money. Clinging to broken fundamentals on the other hand is not something to be proud of. I sold a reasonable portion of my BTC when it was 2700$ and I already set buy orders at 1500$ (previous resistance becomes the next support). I also sold my waves and bought even more byteballs because byteball is obviously not affected by this bloodbath. It's pretty much the only altcoin that fluctuates solely against BTC and continues its uptrend.

going down to $1500 is nearly -50% drop from the ATH. so you either say bitcoin is in a huge bubble which needs to burst and go down to $1500 or you say it is in a small bubble and busts to go down to a much higher price like $2000-2100 for example (still -27-30% and big).

which one is it?

not at all.
ethereum failed at smart contracts multiple times. DAO exploited it easily, another one caused a Canadian exchange lose 14 million dollar, recently the smart contracts caused the network to fail and get clogged up to the extent that caused all the transactions to be delayed.

as you said but partly backwards, there is no real demand, the demand was from those ICOs that forced people to buy ETH tokens and cause the bubble.

and many of the ICOs have not yet even started selling their tokens to cause the real dip. this drop is mostly because of the fails of last weak combined with bitcoin price falling, because any time bitcoin goes down all the altcoin go with it.

Well, Segwit2x could impose a second popular segwit-capable wallet implementation, apart from Core's AXABlockStreamCoin . In any case, Segwit itself is not what leads to a "wallet implementation centralization". This centralization has more to do with the tradition to regard the Core client as the "reference implementation". But Core formally is not different from any other development team that tries to code and distribute a Bitcoin client - only these informal mechanisms give them so much power over code and protocol. As already said, Segwit2x could change that, so you should embrace it if you favour a more diverse "development ecosystem".


With Segwit2x we'll get probably about 4 MB blocks. Isn't that exactly what you want?

why $1500?
i have also sold around $2700 and some at $2900 but i don't get why some people say prices below $2000. so far the $2K showed a very good resistance under normal circumstances and these big round numbers are known to form a nice physiological resistances whether it is breaking $2000 to go down or breaking $3000 to go up.

A larger number of end users isn't what makes a coin decentralized. Visa has millions of end users. What makes a coin decentralized is how many miners and nodes there are.
The bigger the blocks, the fewer people that can mine or run a node, the more centralized it becomes.
That's why people don't want JihanCoin.

try asking that question to someone who long term held from 2011/12 until now. they would laugh in your face and then probably spit in it too.