It's meaningless until one entity actually signs from the damn genesis block. No signature no satoshi, it's that simple. It has to be posted in public so we all can verify that it is real and not fake like faketoshi.

People keep saying that he has to move funds, but nothing has to move at all. It's super simple to sign a message, yet no one claiming to be satoshi is doing it, because they're all scams. McAfee is a retard and a criminal.

I kept waiting as long as I could, but we're near the important $100 billion market cap, which for me is reason enough to short, and I did. I managed to settle my short at $5500 and some change.

Could it go up a little more? Sure, but I don't see any reason for that with how much we have gone up already and the resistance we will face around the $6000 mark. 2x leverage is conservative enough to avoid getting wiped out.

Another thing is that the sentiment is too positive in my opinion, which usually means that a correction could be due, but we'll see how it goes. I at least have put my money where my mouth is.

Apparently, this bullshit is worth continuing for many more decades. It really seems that there is something playing behind the scenes that we don't know about, which is the reason these sanctions look nonsensical to us.

Bitcoin they can buy at any time of the year, they don't mind seeing the price pump to $10-$20k because of how this asset could easily reach over $100k one day. This market has always been generous offering entry points.

On the other hand, do we really want these filthy rich hyenas to enter the world of crypto? I'm sure that we are way better off without them, because they will try to gain control over that what they are involved in.

How do you know it is a great move? Her stake in Coinbase is very small I would assume, because Coinbase valued itself as a +$8 billion company. How much do you think a few million in Coinbase will yield?  

I'm sure that she can't even utilize her stake to vote for or against certain upgrades or other events where stakeholders show their 'balls', and maybe it's better like that, because what is there for her to add? She knows shit about crypto.

Throughout the years it has been more than clear that investing directly in Bitcoin greatly outperforms any type of investment in crypto related businesses. It also greatly outperforms mining in general.

That has been the case for decades already. It's called inflation. I found it quite hilarious how the ECB admitted that they can freely create money to buy assets, which basically means anything they want.

In times where Bitcoin is digging into mainstream adoption you would expect them to be more careful about their choice of words, but it seems that they still don't get why Bitcoin exists.

I wonder if central banks actually know how many of their fiat they pumped in circulation throughout the last couple of decades. At one point you expect them to no longer have accurate figures about how badly inflated their currency is.

Even the most professional traders/investors are just people like you and me in the end--they fomo in just as hard as we do, so there isn't much of a difference here aside from our wallet size. Greed is a bitch either way.

Most professionals don't dare to bet against the trend, but do cover their risks with options would the price take a dive, so I am not sure whether that's the case here or not. I hope for him he did, else he's a mega sucker.

I am quite sure that even when Amazon actually starts accepting Bitcoin payments, that aside from some initial payment traffic, it will end up being a big disappointment after a year or so.

Merchants having accepted Bitcoin in the past have stopped doing so solely because of the lacking user interest. They blame the volatility and high fees, but that's nonsense.

Most people don't want to spend their coins, and I can't really blame them for that. Bitcoin is too precious to spend, especially when we're going through a bull market. Today's purchase will be tomorrow's regret.

The companies you are referring to have very likely done everything to front run the release of good sales and profits, so it's not very easy to actually tap into these ridiculously high return stocks. It's a gamble.

People always look at the positive side of the market, while there are always two sides to it. No one talks about the penny stocks that tanked +90% in quite a short period of time.

Bitcoin has long term potential, while penny stocks are penny stocks for a reason. They are way riskier than even an altcoin as Dogecoin for example. Almost every altcoin will benefit from Bitcoin increasing in value.

I don't think the majority of the people would appreciate that type of encouragement with how the price kept hitting lower lows last year. People are 'sunny day' hodlers but turn into chickens the moment they see a red candle.

I don't mind weak hands selling their coins because they will end up in the pockets of strong hands anyway. Even those who we consider strong hands right now will dump because not every person has $1 million as target.

Exchange hacks are more of a short to medium term contributor to coins being taken out of circulation than hodlers are. In other words, something that's negative by nature also has a positive side effect.

It depends on how the price reaches such levels. If the US Dollar loses most of its value, and Bitcoin is worth $1 million, then it could just as easily be $100k (or less) in today's purchasing power.

Do you remember the USDT mini crash last year? Bitcoin's USDT pairs pumped significantly where people got excited and started speculating about a bull run, while the price based on the USD didn't move that much at all.

It was purely a price adjustment to match the USD value, and the same applies to how everyone considered it to be bullish that the price of Bitcoin in Turkey's Lira reached a new high.

This. I fail to understand how people continue to complain about how bad centralized exchanges are while they agreed to all terms (terms 99.9% of the people are too lazy for to read) before their account was created.

What I also noticed is how people have been hyping up decentralized exchanges, but most of them haven't even tried using it. They either point at low volumes or that these exchanges aren't developed enough.

Low volumes is not an excuse because most people can only afford low amounts anyway. Not being developed enough isn't an excuse either because they allow you to buy and sell, what more do you need?

The only point of valid criticism is that you can't day trade on decentralized exchanges the way you can do it on centralized exchanges.

Don't you see anything wrong in how you like a slave wait for the government to approve crypto currencies before you can use it without having to worry about breaking the law? That sounds so wrong dude.

Why should I wait for government approval to use something completely innocent and useful? It makes no sense to me and will continue using it even if it ends up being banned globally.

Bitcoin is a people's currency at the end of the day and self regulation actually works. In Japan exchanges already have that power to some degree, and I am quite happy to see that the government there even stimulated it.

BSV delistings is also part of self regulation. Did anyone go to the SEC first? No. We don't need them. We can weed out scammers ourselves.

Non news is what I consider this. I can't think of a single reason why anyone would value this and consider it bullish for Bitcoin. Coinbase has started to become a shitcoin exchange and they aren't even half way through.

Another thing is that they have participated in a game of manipulation with various coin listings. Good to see that Coinbase isn't as dominant anymore as it used to be. More competition leads to a healthier ecosystem.

Bitcoin's advantage is that there aren't that many cash settled derivative platforms yet, which is working in its favor at this stage. Gold on the other hand is being suppressed due to how insignificant the spot volume is.

As long as that is the case, I am quite sure that it won't be that much of a problem for Bitcoin to reach levels beyond the $100k mark. We reached $20k without any actual adoption, and it could have gone towards $50k too at that point.

That being said, I am not really a fan of looking at the market capitalization of assets. It's meaningless when it comes to altcoins and I think it's meaningless when it comes to gold.

I don't need a thread to understand that Satoshi could be an individual male or female, or a group of people who worked on the development of Bitcoin. Common sense it is called.

McAfee as always is looking for attention, and unfortunately, news outlets and everyone on social media is easily triggered by whatever it is that he is doing. They keep saying how pathetic he is, yet continue to waste time on him.

McAfee is desperately trying to up himself as brand to be an interesting enough billboard for ICOs and straight ponzi schemes to pay him big money for his promotion on Twitter during the next bull wave.

I don't think the legacy financial sector is getting weaker. Exchanges need bank accounts, providers of crypto related debit cards need bank accounts, payment processors need bank accounts, etc.

That to me doesn't seem like the legacy financial sector getting weaker at all. Crypto depends on banks accounts more so than people are comfortable admitting. Maybe this will change one day, but that day is faaaaar away.

I'm not sure if you have been following the progress the banking sector has been going through, but I can pay for things instantly, for free and that 24/7. That's extremely bullish for banks, less so for crypto.

I don't think anyone really cares about that when they are trading, especially with how this market never sleeps. It offers action 24/7 and every moment you look away could potentially mean that you missed an opportunity to buy or sell.

If people really cared, they wouldn't use their life savings or even the funds of their kids to invest in Bitcoin for their own selfish interests. People go extremely far just to make a change in their life, because crypto offers that opportunity.

It doesn't happen all that often where average joes have an opportunity to become extremely wealthy. Sure, most fail miserably and lose all their money, but apparently it's worth at least a shot.

I always find it quite cringy to see people talk about Bitcoin being undervalued while there is no way to measure its value other than looking at the most recent exchange rate.

Even if the price happens to tank to $1000 it's not undervalued, especially when the price continues to hover around that level for months straight, which also applied to the range between $3000-$4000 people found to be low.

Most people saying that the price is low or undervalued bought their coins well above these levels, therefore it has to be undervalued according to them. This doesn't make any sense to me. It's called price bias.

With hedge trade you are referring to a short position? If so, what exchange hit $5495 that you used to short Bitcoin? As far as I can see, every exchange topped out below $5495 but maybe you used a foreign exchange.

The interesting part about this increase is how people initially believed it would crash hard, but so far it hasn't, and to my surprise, the volumes are still fairly reasonable compared to the usual volume drops during weekends.

What I realistically look at after analyzing the charts is a potential 10% peak or a potential 10% dump, so I prefer to not take a trade and remain neutral until we see a move initiate. Choosing a direction is similar to gambling.

I don't think you have paid much attention to the bear market we are going through, and more precisely said, the time frame from January last year to November. It was a disaster for bulls.

If you bought every dip from January to November, you singlehandedly made yourself lose a lot of money. Not every dip is worth buying because there is no such a thing as a price being too low in the world of crypto.

$10,000 was low people said, then $8000, and ultimately $6000 that made people believe that we finally bottomed, because hey, that price is what miners need to be profitable, so it can't sink lower. Poof did the price....

Your lack of funds prevented you from making a huge mistake.