The predictions don't have to be precise and I don't think that anyone can do that. Imagine someone saying "ETH will be $129.32 each in 30 days." Sounds too good to be true to me. The only thing that's necessary is that you can predict if the market is going down or up. It doesn't have to be accurate, it should only increase or decrease enough for you to earn some money.

Knowledge in trading isn't enough to have "boundless" earnings and no one's has had "boundless" earnings ever since. Even if you've been trading for quite long, you're still going to lose sometimes and your earnings are not always going to be a lot.

It depends on how badly they want to learn about bitcoins. Someone can have basic economic knowledge but still not be able to learn about bitcoins when he don't really do some research. There are necessary stuffs to learn like the law of supply and demand but that's nothing if you want to learn about how bitcoin works and its market.

We're not some sort of professional that took a course in college just to learn about bitcoins. If someone was able to establish his own business, then he's probably capable enough of understanding something that even low class people understood.

I think the increase in additional fees will come in when the amount of people using bitcoins has also increased. I don't think the government will add fees by themselves for every transaction being done, because we see in fiat that we can transact it all without fees.

I still doubt that people wouldn't leave bitcoin when the government were able to have control of it. There's just no point in the government taking the time and effort to get control over bitcoins because it will only affect a million of people which in a global scale is considered as small.

You can't say that for sure because we don't know yet the reason why bitcoin disappeared. If it was because of another cryptocurrency that's more interesting than bitcoins, then I think people will start having even more interest in the cryptocurrency world. This whole thing is not just about trust wherein when bitcoin has disappointed you, you'd forever shut down the whole crypto-currency world. This is about being disappointed in a failed coin and be able to gain your loss from other investments. Basically about how you go up once you fall down.

But there are also times when panic selling is a better choice because it allows you to re-buy at the lowest of the dip. And of course this also has risks involved just like how you're risking your bitcoins even more when you continue holding your bitcoins instead of panic selling them. There's no guarantee that the price will pick up again at some point and at the same time, there's no guarantee that the price will go even lower than the price that you sold your bitcoin at. But the latter is more likely since it's quite unlikely for the market to go to the opposite direction all of a sudden.

If that's the only problem then just stop accepting fiat that wouldn't be of use to you in case you get it in return. You can always be picky and the borrower can't say anything about your decision, because after all, the final decision will always be from you -- the lender himself. Take a quick peek in the loaning section and you'll see that tons of people gets their application denied even when there seems a valid collateral.

You also don't have to worry about doing transactions with strangers when you're going to hold his collateral. Just think that you bought the item in a lower price when he defaults on his loan.

First of all, the price didn't go down because the ETF was denied by the SEC. Because if it was the actual reason, people pulling out their investments because of ETF disapproval, it should have happened almost right away when the decision was announced. But it didn't. It happened days after.

If you don't sell your coins, you've basically lost the coins already. It's still there and it's still yours but you can't use it at all because you want to wait more. Hence, you can consider that money gone for quite some more time. It's a loss at that moment but it will return once you decided to sell it. In simpler terms, what's money if you're not allowed to spend it.

The real value of bitcoin is its current price. We don't have any other way to determine it. Even though the population back then that pumped the price up to $1,200 was quite little compared to the population today, the demand surely was there.

If 50 people bought one candy each, and one guy bought 50 candies, how is the demand different? The only difference is the amount of people that were involved, which has nothing to do with demand. There can literally be just 10 people out there and when they decide to buy something in bulk, then the demand for that certain product has already increased.

And the majority of huge bitcoin investors are traders. So, do you still think that bitcoin will continue to be popular when it has a stable price? How is bitcoin even different from fiat when it has a stable price? Sure there's anonymity feature, low transaction cost, etc. But you also already have that when you're transacting fiat. When you pay with paper fiat, they don't have the logs of that coin to see the people that once held the coin. Transaction cost is even free.

Only ones that will be happy about bitcoin having a stable price are those people that are too coward to try something new like bitcoin and we aren't in need of that type of people.

I doubt that. Paypal user base is far greater than bitcoin's. Almost everyone has a bank account and almost everyone loves to do online shopping. They need Paypal for that. We are nothing compared to the amount of people that don't know about bitcoins, too busy to care about bitcoins, or haven't even heard of bitcoins. Fiat money is the King in both the real world and digital/virtual world. I don't see any reason why would you think that bitcoin is except if you're limiting your choices on cryptocurrencies only (which is obviously not the case).

People assume that earning bitcoins is fairly easy because they see you just using the computer as usual. Like, what's hard with typing keys and clicking your mouse? But the truth is, before you get to your level where you can earn money by just doing very little tasks, you had tons of failures and experiences. They never see that part of people's success. They only see you doing bare minimal and think that it's easy money. The thing is, you can only do it that easily because you're already knowledgeable about the necessary stuffs and you've been through a lot enough to know the solutions on your problem. This is applicable to almost every job and not just bitcoins (but of course there will always be jobs where hard labor is needed).

You technically can't encounter any loss after you've withdrawn your bitcoins because your coins are already converted in fiat. If you're going to say you're referring to "loss" as in you could have sold your coins in a much better price, then you'll be forever waiting. There will always be a point in time when the peak of the market will be overcome and the price will be higher.

You're right, panic selling will be eliminated since there will be no pressure to you. But if you constantly check the charts, then you'll be tensed and always think about of selling out your coins whenever the price goes up. Otherwise, the only relevant details of your journey will be the price when you bought your coins and the price of bitcoin at the time frame that you set.

Please get your keyboard fixed. Those typo errors are hilarious. Anyway, stop hoping that an altcoin will prevail and show the same market as bitcoin had. Bitcoin is the first crypto-currency, and we should expect that its market will be much better than most crypto-currencies when they don't have that much difference.

Altcoins are just there for us to trade. We're basically playing with each others where the ones that gets out of the market last will suffer from loss. While the better timing you had, the better profit you will have.

Take note, we weren't into the Internet back then. And most people didn't even heard about bitcoin until now that the internet and online jobs are booming.

Which makes the whole concept of fiat obsolete. This monetary system was thought by someone centuries ago. Think about how much we have evolved. Think about how much our imagination has grown so far. Back then, there's no technology so people really needed to exchange coins. But today, there's an Internet connection to almost everywhere. We should have a revolution and free ourselves from the slavery of fiat money.

Centralized money makes us work for the government. And even if you think you don't, you actually do. With all these taxes, you're giving the government a huge part of your salary. You worked hard for that money and then a huge chunk of it will only go to your corrupt government.

Your negligence (or arrogance) isn't a disadvantage of bitcoin. It's not even in bitcoin's side. It's fully your fault. Thinking about remembering an address? Remember the first characters and the ending characters. It's very rare to an address that has the same first and last couple of characters. Putting your phone number to identify your bitcoin address will just reveal some of your whereabouts. I don't see any reason as to why would it be hard to compare the address that you're sending to and the address that you're supposed to send to.

I'm sure you don't have to enter the address manually, you just have to copy paste it. Seriously, every address is very unique, how dumb someone could be to send money to the wrong address.

Actually, literally all fiat money is invested on fiat money. And, what is that reasoning? Tons of things are depending on the law of supply and demand but it's obvious that all of them have less investors than the fiat currency. It's totally possible that we will come to the point where the majority of fiat money is invested in bitcoin but it is not the case today and even in the foreseeable future. Bitcoin has about 21 billion dollar market cap, and that's like nothing in a global scale.

I see no point why would you use a collateral that you can't afford to lose. You're at a desperate time so you chose to get a loan, so you shouldn't have had the confidence that you'll get the collateral easily. I don't think that you're risking anything at all since a lender wouldn't choose to run away with your collateral. A lender has to gain reputation so he can have even better business opportunities.

Especially in this forum where your account has a value. You're basically ruining your account by scamming someone. You can never join a signature campaign when you have a negative trust and signature campaigns are far more profitable and stable.

I'd rather have one strong coin than have a couple of weak ones with just some gimmick "features", tbh.

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What they are doing is that they take part from the total investments in cryptocurrencies. If there's only bitcoin, then bitcoin might already have a much higher market cap by now. Regardless, all these "fantastic" coins are just traders' way to earn more bitcoins. In the end, everyone would want more bitcoin rather than these coins.

Btw, if these coins are so great, how come they haven't gone near bitcoin's price? These coins only excel at some field and has some unique feature, but other than that? Nothing. These coins should have some revolutionary feature on them to beat bitcoins.

The number of people using bitcoins is increasing but do you see any improvements in the bitcoin transaction time and fee? Because I don't. I don't see the correlation of bitcoins going mainstream to the solutions of bitcoin's problems. Sure when bitcoin becomes popular, there will be new IT people or even better one. But if there's a guy that can solve bitcoin's problems, he should've informed blockchain already about it and negotiate the price of his idea.

My theory is that the cryptocurrencies would be just like the means of transportation that we have. If a train station gets overcrowded, other companies create other ways to transport and other people use those instead. Meaning to say, when the bitcoin transaction time and fee didn't get solved in due time, people will stop crowding themselves in bitcoin's queue and just use a different cryptocurrency. But of course it comes with risk like the coin going down all of a sudden.

The movement will be so little that if you would wish to buy again with the new price, you'll lose some money. Remember that the buy order and the sell order have a difference. I wouldn't call it manipulation at all since you can't make it move that much. You simply affected the price of bitcoin but you're not manipulating it. Thinking that you've manipulated the market just because you caused the price to decrease by 1$ is totally absurd IMO.

FUD wouldn't do that much if you're just an average turd. People will think that you're just a troll especially if it's obvious and when you have a low standing in the bitcoin community. You need to have connections and be kind-of popular first before your FUD starts having an actual effect. Posting FUDs here and then would only victimized mindless newbies who don't even have a dollar worth of bitcoins.