I think more important than having the money is that you make a rational decision. You can hate on Bitcoin as much as you want as gold bug, but despite all its ups and downs, Bitcoin has given investors much better returns.

Gold needs the economy to perform bad in order to do well, while Bitcoin has so much more to offer and can do well regardless of how bad or good economies perform. That's a very important point to take into consideration.

Gold has the advantage that it doesn't have to prove anything. It has established itself for thousands of years and the consensus is that people believe there is nothing that can replace gold as precious metal.

Bitcoin has some catching up to do on that front.

It depends on the priority of the transaction. If you don't need the funds immediately, then choose a lower fee and it will get confirmed after a couple of hours. I do that too some times.

I also tend to wait for the right moments to consolidate inputs so that I pay up to 90% less in fees. It's just a matter of logical thinking combined with timing. It will save you a good $5-$10 in fees per month.

To some people that might not seem like much, but not saving on fees when you can is like wasting your money. Bitcoin's limited block space requires you to be creative and think smart.

I think the comparison is subjective and for that reason doesn't really makes sense. Bitcoin, regardless of where you are or what currency you use to acquire it, has the same level of scarcity basically for ever, to anyone.

Another thing is that the location of the land is very important in terms of valuation. 700 acres of land in one country can be 100-1000x cheaper or more expensive in another country. It doesn't have one overall valuation like Bitcoin.

The most important difference in my opinion is the fact that you can actually own your Bitcoins, while with land the government can claim it and you're left with nothing. Bitcoin is an entirely different asset.

Did people forget about how we reached the $9000 mark? It were $500-$1000 pumps that brought us there, and now we're going down by $500-$1000 dumps. Nothing to be shocked or surprised about.

It really seems that when the price has gone up no one cares about how it went up, but when we fall people come up with all sorts of theories mostly hinting at manipulation. This is what Bitcoin does. Get used to it.

Discarding correlation between Bitcoin's increase and the trade war and other political events that played out in the more recent months isn't a good thing, because you can't know for sure if these events have had or haven't had an effect on Bitcoin.

I doubt these events are the main reasons for the price action we have seen so far this year, but I'm quite sure that they contributed to where we are today. Bitcoin is the perfect tool to work around politically oriented banks looking to troll people.

More and more people distance themselves from thinking that Bitcoin is a currency, while the believe that it functions as digital gold is increasing rapidly. It's nothing like gold yet, but everything looks bright for Bitcoin in that field.

Aaaaand down we went. That was some very short lasting stability. Time will tell whether or not this is the correction a lot of people have been waiting for, or just another wick on the daily time frame that will be bought up again.

I think it's actually a good thing to face some serious resistance because this indicates that traders are actually taking profits instead of holding on to what they bought in lower.

There is also a theory going through social media that the CME gap has to be filled first before we can go up, which if so, there is more blood to flow in the coming days or weeks. I'm skeptical about this myself but you never know.

If you managed to raise a disgusting amount of money through your ICO, then later make millions through your IEO, yes, you don't know what to do with it anymore and this reckless form of spending is the result.

If he seriously thinks Buffett will care one bit, he's delusional. I even think his scam projects will only make Buffett hate on crypto in general even more. Justin Tron thrives on scams and lies.

All these millions would be better spent on development of his projects instead of this PR nonsense that will work against crypto. I know the funds go to a charity, but still, this could have been done differently.

Bitstamp is a great exchange for that yes, but I however wouldn't mess around with Huobi. Somehow Huobi and OKEx are closely related to each other and they also wash trade over 50% of their total volume on a daily basis.

Any exchange that wash trades in such an obvious manner should be avoided at all cost. Also make sure to avoid an exchange such as Bitfinex with all its withdrawal problems and continuous shady behavior.

What is the fee rate per wire transfer?

I think most exchanges already have a pretty strong and effective internal surveillance measures, but as said above, it's only effective up to the moment it no longer is, and that's when you lose as exchange.

I think it's more so that people should be more careful about how they log into their exchange account, and what bots and portfolio software/sites they use that ask for their API keys.

Best is to not use any of the available portfolio garbage that requires API access at all. I'm sure that most people using all this don't even know how to review the code, so they are more likely to become a victim.

As exchange you can't protect yourself against the stupidity of people at all.

The SEC has clearly stated its concerns. I'm sure they don't feel any pressure when it comes to approving or rejecting this ETF. It's just another task on their list they have to check off.

I am 99% sure that the SEC will reject it, but there is a chance that the proposal will be withdrawn by CBOE so that they afterwards can submit an improved version of it. It's still a waste of time in my book.

The fundamentals of the market as a whole haven't changed at all, where all the Tether fud isn't doing the CBOE a favor either. What if we crash back to $3000 again? Think the SEC will ignore that?

Look at the price, we went up a lot without all the ETF nonsense. We clearly don't need these tools to pump.

I'm in a similar position right now. I did most of my buying below $4000 and planned to dollar cost average all the way to the $6000 mark, but in a very short period of time my plan ended up right in the bin.

It could be a stupid decision not to buy more at today's prices, but I rather wait and let the market do its thing, which is to firmly correct after a parabolic rise. It's only a matter of time.

At least, if the price ignores everything and continues to go up, our main hodl stack will still put a smile to our face. People without a hodl stack are the ones who need to make a move--owning some BTC is better than owning zero of it.

That's just how they operate. If you transfer money from your bank to another bank (in this case the bank of your satellite service), the other bank has to approve the transaction within its daily frame of business hours.

If the bank of your satellite service is located in a different country, things can become even more complicated and time consuming because there may be third party banks in the middle functioning as hop.

Bitcoin would offer a much faster alternative, but if your satellite service isn't aware of its advantages, they won't be accepting it, so based on that I would contact them and educate them about it and preferably so that they accept LN.

If they don't want to accept LN directly, there is a third party payment processor being CoinGate that offers LN payments.

Of course not. All these 'lost' Bitcoin articles just assume that they are lost because they haven't seen any movements throughout the years. This in no shape or form can be used as metric.

People have different standards and different situations they go through in their life. An example of this is coins that didn't move during the 2017 bull run, did move when the price broke through its $6000 yearly support level in 2018.

People here kept wondering why that is, but it's likely that they either need the funds badly, or that they lost confidence in Bitcoin. Everyone is a top hodler during price increases, but people turn into weak hands on the way down.

Are smartwatches really that popular? I haven't seen anyone around me this year wear one (yes, I know what they look like). Either way, compatibility is an important aspect too, and it helps stimulating adoption.

What I find more useful is a quick launch feature on smartphones to request payments without having to unlock your device, while in order to make payments you obviously still have to unlock it for security reasons.

I'm waiting for exchange integration but I can see why they still prefer to wait. I'm sure that when a large exchange goes first, the rest will follow because they don't want to stay behind and lose users.

Jihan Wu is a Bcash guy. More profits through miner sales for Bitmain means more liquidity going towards that scam coin, and more liquidity will go towards anti Bitcoin campaigns behind the scenes.

If it wasn't Bitmain backing Bcash, it wouldn't even manage to be worth 0.01BTC, but their liquidity allows them to keep it at 0.05BTC, and it may go higher with enough hype in the market.

Isn't it up to the users of LBC themselves to figure out what's safe and what isn't? I mean, sure, it's not the safest option to use, but it certainly is an effective option when you meet up in crowded areas.

I know of enough face to face trades that have gone well because the right measures have been taken. It's impossible to eliminate the risk of facing an ill minded individual, but that's the risk you're willing to take in that case.

I am sure that the government is behind this with their silly regulations. They want to narrow down people's options when it comes to dealing in a peer to peer manner. This might dent the local market for a while, but that's about it.

I think it's more so that people ruin their own savings by not allocating a portion of it to different (more promising) assets. Everyone by now knows that fiat only loses purchasing power, but not everyone hedges against it.

I'm not sure if it's mainly ignorance or just the average people being very risk averse, but it's quite shocking how they let it happen and watch their savings (they worked their entire life for) depreciate a percentage or two annually.

Bitcoin has gone up so much throughout the years, that it has undone every lost percentage in purchasing with just its first bull run years ago, and when you add the bull runs that came after that it's even more impressive.

Buy Bitcoin short central banks. Pretty much that.

Correct. Microsoft thrives on using your private information against you to make a buck out of it. Pretty much any large software/internet company makes money by collecting user data, and this is one of their main income sources.

I remember having seen a video fragment where Mark Zuckerberg said that user privacy is the most important property of their users, and that they will protect it at all times.

I could just see that he didn't meant a word of what came out of his mouth. Facebook thrives on selling information to any entity willing to pay for it. The only bad thing here is that people don't stop using it despite knowing how Facebook works.

Obviously, no news outlet is being fed information that important. They just suck everything out of their thumb or rehash what other news outlets wrote and add their own flavor to it to make it appear as a whole new article.

I think it's safe to say that high net worth legacy investors find it an easier and safer option to buy into cash settled contracts rather than spot that requires storage and a degree of technical understanding.

I have seen a lot of crypto related YouTubers pick up on this and use it as a click-bait title to attract more views. The funniest part is that they really seem to take it serious and consider it ultra bullish news for Bitcoin.

A bit? Bitcoin today has much stronger fundamentals technically and non-technically. Back in 2015 people were like: it can either succeed and go up a lot, or become worthless and we will all remember the opportunity it offered us.

Most people right now strongly believe that it will be huge and therefore is no longer a 50/50 bet. The improved fundamentals made it very easy for me to buy as many coins as I financially could below the $4000 mark.

There were people thinking sub $1000 prices would happen, but that even below $4000 was an absolute bit of nonsense. Something would need to be horribly wrong for the price to sink that deep.