People are thankful for an uptrend when they have bought in their coins already at lower prices. Most of the people complaining pulled the trigger around the peak and therefore panic each time the price takes a dive.

People generally make the mistake of investing with money that isn't meant to be invested, go all in, or use credit. If you are that reckless with your investments then of course you will stress out.

I see people frequently recommend others to dollar cost average, but I wonder how many of them dollar cost average themselves. If people actually did so they would complain less because a dip is a welcome lower entry point.

As far as Bitcoin not paying out dividends, it's not entirely true. Bitcoin holders have been generously rewarded with a wide variety of forks (forks you wouldn't have for free if you didn't hold Bitcoin prior to the splits).

Bcash was like an insane dividend. I don't hold my coins on an exchange so I couldn't cash them out at the highest possible price of over 0.4BTC, but I still managed to net an average of 0.19BTC per coin. Where do you get that?

Then we had BTG of which I managed to net an average of 0.03BTC. There have been way more forks but these two turned out to be the most rewarding. I still think that we will see more forks when the bull run really kicks in.

That's not because of the LN, but because of more hashrate being added to the network. More hashrate being added means more blocks coming through and therefore a higher transaction throughput.

We are stuck below 400k transactions per day and there doesn't seem to be much that will improve unless block space is being utilized more efficiently, or simply put, we get a block size increase to finally move beyond 400k transactions.

Another thing is that LN liquidity in BTC keeps going down more and more. It's not really a good sign because it shows that there is less interest in providing liquidity to LN because people aren't using it enough.

Why do people assume he put 50% of his worth in Bitcoin? As said a few posts above, one grows his Bitcoin worth to 50% and beyond by having entered at much lower levels. It's pretty much common sense.

My Bitcoin worth is well over 50% as well, and that while I in total have put in like 5-10% years ago. I would have more than 50% if I didn't cash out some to fiat back in 2017 and early 2018. Bitcoin did me well in my life.

I do wonder what Anthony's endgame is though. He's quite vocal about Bitcoin reaching very high price levels, but these price levels even if met, aren't worth anything unless you cash out or spend hard.

CZ on Twitter already said that it was old news with a different spin. It definitely doesn't make it less bad, but people shouldn't jump to conclusions just because news outlets are spreading these articles.

If you sign up to an unregulated exchange, this is something that can happen. You don't know their security procedures when it comes to the KYC information people sent them, and you don't know if they outsource KYC verification.

I however don't think people care enough with how their greed is blinding them. They'll care one or two days and then move on to what they have been doing before, which is trading shitcoins and invest in IEOs.

Central banks trying to buy up Bitcoin is extremely bullish because that's pretty much them admitting that Bitcoin has more value than their fiat currencies they want to get rid of. It points out that Bitcoin actually works.

Aside from a few greedy fiat suckers, not many will end up selling their coins for fiat, but start spending and accepting Bitcoin more because it's working better as money. It's like the end of fiat since it solely relies on believe.

Venezuela and some African countries may not understand how they are destroying their monetary policy, but the US for example isn't that stupid. They won't shoot themselves in the foot.

Shitcoins are retail "investment" vehicles. No serious investor will buy into a shitcoin with so much slippage on both sides of the book and the risk that the "developers" or other bag holders will dump on your face.

Crypto as a whole is lacking liquidity, but Bitcoin at least offers decent enough liquidity for the relatively lower amounts investors are willing to allocate to Bitcoin. Bitcoin is the go-to asset regardless of how you look at it.

There is a reason why the majority of altcoins don't follow Bitcoin as they used to do. It was Bitcoin up 5% altcoins up 10-15%, but that currently isn't the case. Currently it's Bitcoin up 15% altcoins up 5%.

No. I think taxation is quite subjective and differs from case to case as to what is justified as taxation and what isn't. I don't even think I would care if he considered taxation a point of importance.

Being given the opportunity to be your own bank and therefore no longer need a central party to rely on, there effectively is no way to tax you, while before, the IRS could have made it so that your bank accounts would be frozen.

The only way to have your Bitcoins frozen is to have them stored in an exchange or online wallet service, but then a point can be made that it's not you who owns the coins, but the exchange or online wallet service.

Let Bitcoin first hit a $1 trillion market cap (and maintain it) and then we can talk about Bitcoin 'beating' most of the stocks at least in market cap. Bitcoin right now is a tiny dot in the financial world. It's a joke.

The global stock market is where institutions invest their capital, while Bitcoin to these institutions is a risk on asset. I doubt they will be allocating even 0.5% of their risk capital to Bitcoin in the coming years without an ETF.

Institutions don't use Google before they buy into a stock, retailers do. The stock market hasn't really done anything to grab the retailer's attention like Bitcoin frequently does by going up like 400% in a matter of months.

It's pure madness. If they expected it to hit $3 then I would at least say it's very very unlikely, but not impossible with enough hype and manipulation, but they expect it to reach $100 and some even $1000.

People have no clue about how total supply works and what it means. A simple calculation will tell you how unrealistic certain price targets are with how XRP has 100 billion tokens that will be circulating at one point.

Financial institutions will come up with their own blockchain solutions, so why would they use xRapid? Another thing is that institutions aren't stupid enough to work with an asset that volatile. People are delusional.

I wouldn't want to wait for the last day to actually shift, especially because of how they can shorten the time you have to actually withdraw, and you might miss their announcement while you think you still have 39 days.

It was to be expected after how so many other exchanges have already dumped off their US clients. The regulatory framework is slowly but surely forming a cage around exchanges and it will soon target other countries as well.

It's interesting to see how Kucoin seems to be gaining more momentum now Binance and BitMEX are taking a hit. It has done quite well making itself look interesting enough to welcome Binance and BitMEX refugees.

I think that people call technical analysis bullshit because of how many clowns we have on social media that do hillbilly technical analysis just for the sake of creating content. Newbies as ignorant as they are then believe technical analysis in general is not working, while in reality they have been following the wrong people.

I tend to follow Krown Crypto's videos because they are highly informative and he actually shows you the positions he has open. In other words, he puts his money where his mouth is, while the aforementioned clowns just talk but don't show anything, likely because of the fact that they don't believe their own nonsense. Quite sad how they mislead newbies.

At the end of the day, trading is purely a probability game. No one ever gets to make 100% right calls all the time. You win some you lose some. If you play it well, the higher probability trades will eventually result in a net gain. If you keep losing and losing then you only have yourself to blame for.

It's quite a bit of an exaggeration, but it might help to improve the general sentiment around crypto. It adds legitimacy that nocoiners might need in order to finally start taking crypto seriously.

Another aspect is that Libra is just a stablecoin, which means that retailers will have a very convenient form of money that they can invest in Bitcoin without actually needing to do KYC/AML because it's done already.

It will stimulate an already ongoing bull run rather than actually initiating it. Good news during a bull run always helps. If Libra was announced last year during the bear market, it would be forgotten quickly.

You can always try to do something about it instead of complaining about how the rich elite only get richer and governments only work against you. Complaining doesn't increase your wealth, becoming an entrepreneur does.

An uncle of mine complains about this all the time, and this for years now. No matter how much I try to convince him to get off his lazy ass, he still thinks that the rich elite and governments should make an effort to change things.

We have decades of history proving that the elite will not hand you over free money, and governments will not do anything to change either. It's YOU that needs to change, not the rich elite or governments. This is how the poor stays poor.

That actually remains to be seen. It wouldn't surprise me if agencies have a way to take off the private jacket and expose the underlying transaction. We just assume they are private because they haven't really been stress tested enough.

They will not openly admit that they can already crack these transactions. It's better to make it appear that privacy coins are actually private-- the illegal use will automatically be driven in that corner and therefore easier to bust.

I add more value to a good old mixing process than using something that people think/believe is offering privacy, but might not do so in reality at all. Most of these privacy coins are overly hyped too. No thank you.

Just pay your taxes and be done with it. Transactions that are confirmed are public information for ever.

I still do so too. I wanted to be bullish last year, but the way people were expecting a bull run to initiate made me really uncomfortable and therefore don't rule out lower lows, and oh boy was my contrarian thinking right.

Currently the sentiment still seems to be on the bullish side as far as dumb money goes, but this time it's at least accompanied by very bullish short term price action. We will see what happens, but least things are looking good.

As far as Max Keiser goes, I can't stand this idiot. I get it that he is a perma bull and wants Bitcoin to go up, but his mentality and actions are retarded. He has torn and burnt actual $50 dollar bills. Who does that? Buy Bitcoin with it you creep.

Trading is very subjective, so whatever might be a key support or resistance level to some people, might be just a fart from your point of view. That's the beauty of trading, we can put our money where our mouth is.

At the end of the day, actual key resistance zones (take for example $6000-$6500) can just as easily be turned into a fart as long as the demand is strong enough, which is exactly what we have seen happen this year.

People expected that $6000-$6500 would form a massive burden to the price because of how it offered a lot of support last year, but the price didn't even flinch and took that resistance out as if it wasn't ever anything of importance.

Daily chart looks very bullish so lets hope we can have a bullish close to follow it up. It would really suck if this ends up being another lower high, which is a scenario I personally haven't discarded yet.

Another positive aspect is that people are more short than long, which may offer a helping hand in form of a short squeeze to break through resistance levels easier. Bulls right now are definitely the dominant force.

I however think we need a bit longer to actually break the $20k all time high. I can see sellers line up unloading whatever it is they bought way lower, or they were still holding heavy bags from 2017/2018.

It's so unfortunate that news outlets contribute to the narrative of Bitcoin being a safe haven currency in these countries, while in reality it's rarely being used as such because most people just can't afford it.

I get it that there might be a very small number of people actually using it as they claim, but the average few dollar per day earner there can't participate in a fee bidding war where the highest bidder gets its transactions included in a block.

If that wasn't enough, most of these people don't have a consistent internet connection that would allow them to use it whenever they want. They need and use physical money, mainly us dollars because it works at all times.

I think the first proper sign of a recession that's about to kick in, is the US stock market to deflate. Gold has seen a decent increase lately, but it's more a technical rally than a rally driven by fear or uncertainty.

The thing here is that people keep saying that we're close to a recession (for like two years now), but so far we have only seen the US stock market indicate the opposite and make higher highs.

Another thing is that people are too easily convinced that it will help Bitcoin reach new highs and therefore hope we will go through a recession. I rather don't see a recession kick in because that will have nasty side effects.