The Solution to Raise BTC's Value

[FunGate]

The trigger for what happened to the market is still unclear.

https://www.economist.com/finance-and-economics/2018/12/01/bitcoin-has-lost-most-of-its-value-this-year

"One popular theory is that the the supply of brave buyers willing to take a punt has now been exhausted.

Regulatory interest may be another reason."

"Technical faff, and the volatility that makes it attractive to speculators, means that it is hard to use bitcoin to actually buy things."

One thing is certain. Once everyone can easily use cryptocurrency to buy things without any chance of regulation, its value will inevitably increase.

We still have yet to be able to do this because we still have to use crypto exchanges to deal. These exchanges are still registered companies and can be shut down at government's whims.

Eliminate crypto exchanges and give people the ability to easily use crypto in everyday life and these problems go away!

A distributed exchange network complete with widespread use of a decentralized marketplace would fix the fundamental crypto issues we see today.

Thoughts?

[franky1]

The trigger for what happened to the market is still unclear.

Thoughts?

1. the 2017. was triggered by VC money that needed to buy btc to pay off some tranche(contracts) that succeeded in november2017
the price of 2017 should have not gone up so much, but speculation, hype and FOMO pushed it too high and that temporary bubble burst by spring 2018

2. some of then contracts had a 12 month lock. meaning november 2018 release to spend.. and so they did
(mid november to mid november was no coincidence)

3. asic manufacturers startd swapping out old redundant s9 asics in october and started using the spare space for quality testing(mining for profit) new next gen asics. but knowing the wider community cant get these next gen asics until end of dcember they they didnt want to shoot their own foot or cause controversy by pushing the hashrate up.. (they learned that lesson in october 2013). so instead they knew they could still win blocks, still profit while running less asics to keep hashrate down.

4. it has nothing to do with drama of altcoins. the altcoins are the lemming that got hold of old gear cheap so totally unrelated. alt coiners just took the drama they created as a way to glory hound themselves some fake news that they are influential. but reality is they are not. there is no arbitrage evidence they even affected the prices

[Sandus_Cryptolover]

The trigger for what happened to the market is still unclear.

Thoughts?

1. the 2017. was triggered by VC money that needed to buy btc to pay off some tranche(contracts) that succeeded in november2017
the price of 2017 should have not gone up so much, but speculation, hype and FOMO pushed it too high and that temporary bubble burst by spring 2018

2. some of then contracts had a 12 month lock. meaning november 2018 release to spend.. and so they did
(mid november to mid november was no coincidence)

3. asic manufacturers startd swapping out old redundant s9 asics in october and started using the spare space for quality testing(mining for profit) new next gen asics. but knowing the wider community cant get these next gen asics until end of dcember they they didnt want to shoot their own foot or cause controversy by pushing the hashrate up.. (they learned that lesson in october 2013). so instead they knew they could still win blocks, still profit while running less asics to keep hashrate down.

4. it has nothing to do with drama of altcoins. the altcoins are the lemming that got hold of old gear cheap so totally unrelated. alt coiners just took the drama they created as a way to glory hound themselves some fake news that they are influential. but reality is they are not. there is no arbitrage evidence they even affected the prices

This is so on point. You've clearly explained a whole lot that most people don't really understand about the price hike of Bitcoin in 2017.

[franky1]

The trigger for what happened to the market is still unclear.

Thoughts?

1. the 2017. was triggered by VC money that needed to buy btc to pay off some tranche(contracts) that succeeded in november2017
the price of 2017 should have not gone up so much, but speculation, hype and FOMO pushed it too high and that temporary bubble burst by spring 2018

This is so on point. You've clearly explained a whole lot that most people don't really understand about the price hike of Bitcoin in 2017.

to add to this. and explain more about the black text part
DCG.co and digital garage are high investors of blockstream (guys that programmed segwit into bitcoin, to make bitcoin compatible with another SEPARATE INDEPENDANT NON BLOCKCHAINED network called lightning network.

compatibility NEEDED to succeed by november 2017.
(alot of developer/social drama went into ensuring segwit got adopted and LN active)

devs got paid off in november2017 by means of BTC (millions of $$ worth) which is where the actions of the mandated upgrade instead of natural adoption was so controversial.

as a separate 'bet' those VC's also done some futures contracts which expired november 2018

[mrcash02]

There is no way to escape regulations. Most countries would never allow a decentralized marketplace operating with Crypto-Currencies.
To make this work you would need to estabilish a decentralized country first...

[franky1]

There is no way to escape regulations.

prohibition era a century ago.. people still got drunk
'war on drugs'.. people still got high

the secret is. if a FIAT business is heavy on its regulation policy. dont use it.
OTC is the moonshine industry of bitcoin.
custodial exchanges are the licenced pubs/bars that have a 5 drink limit and require you to have a designated driver after 2 drinks

[Upgrade00]

...

Very valid arguments, as opposed to the regular FUD that gets thrown around daily.
What do your u think of the opinion that there are not enough new investors to push bitcoins price as high as it's last peak?
I think it's very possible but it won't be a bubble which bursts when the party is over, but rather a slow, sustainable rise.

[franky1]

Very valid arguments, as opposed to the regular FUD that gets thrown around daily.
What do your u think of the opinion that there are not enough new investors to push bitcoins price as high as it's last peak?
I think it's very possible but it won't be a bubble which bursts when the party is over, but rather a slow, sustainable rise.

VC money made some losses.. but here is the thing. they love loses.
these loses are 'paper' loses of FIAT 'accounts' not real bank balance.
why do they love it.
tax deductions=pay less REAL tax FIAT

many FIAT businesses dont want to make profit in 2018 for this very reason. so this year they are happy making a 'paper loss'
(you dont actually have to sell to make a paper loss)
so when 2019 starts. its then great starting point for a profit year.

its why all the ETF's are holding out on applying.
SEC dont want some small time cowboys being thee first ETF. so they are holding out for the big VC institutions.

also to add onto point 3 of my previous post. most next gen asics are delivering in final week of december (currently being ""QA TESTED"(profitably))
so will be up and running by new years day.

2019, fresh new year

[hubballi]

Very valid arguments, as opposed to the regular FUD that gets thrown around daily.
What do your u think of the opinion that there are not enough new investors to push bitcoins price as high as it's last peak?
I think it's very possible but it won't be a bubble which bursts when the party is over, but rather a slow, sustainable rise.

VC money made some losses.. but here is the thing. they love loses.
these loses are 'paper' loses of FIAT 'accounts' not real bank balance.
why do they love it.
tax deductions=pay less REAL tax FIAT

many FIAT businesses dont want to make profit in 2018 for this very reason. so this year they are happy making a 'paper loss'
(you dont actually have to sell to make a paper loss)
so when 2019 starts. its then great starting point for a profit year.

its why all the ETF's are holding out on applying.
SEC dont want some small time cowboys being thee first ETF. so they are holding out for the big VC institutions.

also to add onto point 3 of my previous post. most next gen asics are delivering in final week of december (currently being ""QA TESTED"(profitably))
so will be up and running by new years day.

2019, fresh new year

So as per your theory to show the loss they are waiting for 2019 but some country are having financial year ending in 31-march-2019, so in that sense then the price will shoot up from April when the new financial year starts.

[franky1]

So as per your theory to show the loss they are waiting for 2019 but some country are having financial year ending in 31-march-2019, so in that sense then the price will shoot up from April when the new financial year starts.

those countries are not the big VC money in crypto. so dont expect as big of a speculation in april time of year

also..

    Bakkt is designed to enable consumers and institutions to seamlessly buy, sell, store and spend digital assets. Formed with the purpose of bringing trust, efficiency, and commerce to digital assets, Bakkt seeks to develop open technology to connect existing market and merchant infrastructure to the blockchain.

    As an initial component of the Bakkt offering, Intercontinental Exchange’s U.S.-based futures exchange and clearinghouse plan to launch a 1-day physically delivered Bitcoin contract along with physical warehousing on December 12, 2018, after receiving CFTC review and approval. These regulated venues will establish new protocols for managing the specific security and settlement requirements of digital currencies. In addition, the clearing house plans to create a separate guarantee fund that will be funded by Bakkt.

It all begins on December 12, 2018. And as the firm and exchange quickly spool up their partners will become more and more visible. For example, Bakkt has partnered with Starbucks to process payments via Bitcoin on the coffee company’s mobile app. You may be interested in this fact: Starbucks occupies the largest mobile app payments ecosystem in the United States. Bigger than Apple Pay, Google Pay, and Samsung Pay – with 23.4 million users.

basically. expect 2019 to be off to a good start on many fronts
VC, user adoption, mining

[mrcash02]

There is no way to escape regulations.

prohibition era a century ago.. people still got drunk
'war on drugs'.. people still got high

the secret is. if a FIAT business is heavy on its regulation policy. dont use it.

War on drugs failed because it's interesting for the system. It makes the "product" more valuable and restrict in a way only a small group will have access to negotiate it. Regulation fulfils its objective perfectly, and governments can continue creating their cartels informally. In Crypto-Currency, regulations objective is to continue giving more power and disproportional advantages to big investors, like with fiat, on the financial system.

OTC is the moonshine industry of bitcoin.
custodial exchanges are the licenced pubs/bars that have a 5 drink limit and require you to have a designated driver after 2 drinks

True, but it's quite hard to deal without the middlemen exchanges... At least for now.

[kelvinspeed]

There is no way to escape regulations. Most countries would never allow a decentralized marketplace operating with Crypto-Currencies.
To make this work you would need to estabilish a decentralized country first...

Exactly most countries regard crypto-currencies as evil, they dont even want to hear it, and i dont think there regulations will even want to consider crypto-currency, nevertheless the world is changing and everyone is looking for a better way to perform maybe crypto-currency will have to prove itself beyond reasonable doubt

[biskitop]

the more realistic thing to make bitcoin prices rise is to make bitcoin more functonal. meaning that bitcoin really has an exchange rate for an item and becomes a payment instrument. then bitcoin will be increasingly in demand and will make its value go up.

[btc-room101]

Very valid arguments, as opposed to the regular FUD that gets thrown around daily.
What do your u think of the opinion that there are not enough new investors to push bitcoins price as high as it's last peak?
I think it's very possible but it won't be a bubble which bursts when the party is over, but rather a slow, sustainable rise.

VC money made some losses.. but here is the thing. they love loses.
these loses are 'paper' loses of FIAT 'accounts' not real bank balance.
why do they love it.
tax deductions=pay less REAL tax FIAT

many FIAT businesses dont want to make profit in 2018 for this very reason. so this year they are happy making a 'paper loss'
(you dont actually have to sell to make a paper loss)
so when 2019 starts. its then great starting point for a profit year.

its why all the ETF's are holding out on applying.
SEC dont want some small time cowboys being thee first ETF. so they are holding out for the big VC institutions.

also to add onto point 3 of my previous post. most next gen asics are delivering in final week of december (currently being ""QA TESTED"(profitably))
so will be up and running by new years day.

2019, fresh new year

I don't think you even know what "VC" means, its clear the way you toss around that word, you haven't a clue.

[ambisyon]

I believe that to be able  for btc to increase it"s value is that people should have to continue their support with btc in terms of investment and using the currency as a payment of  goods and services such that it will evolve. The more btc is being use by people globally, the higher the chance for btc to grow.

[franky1]

I don't think you even know what "VC" means, its clear the way you toss around that word, you haven't a clue.

i think your narrow mind does understand the multi-layers and depths and widths of how things are.
but hey. good luck in life.

venture capitalists come in many forms. they put funds into many different things in many different ways. you may have only understood one way because your understanding only comes from one source.

venture: to take a risky course of action
capitalist: to invest in return of profit

many people think VC just means throw money at startups. but it dont. VC invest in many things. new/old/small/big

[pooya87]

there are only two stages/parts to this huge price drop.
1. the correction. which was a natural thing and needed to happen after the "excited" and irrational buying frenzy by the end of 2017 which pushed bitcoin in an unrealistic high value or a bubble. and just like any other bubble the $20k bubble needed to burst and correct.
2. the "excited" and irrational selling that followed the bubble burst correction afterwards which has created a "reverse bubble" in the market and pushed the price to unrealistically low values. and that also needs to be corrected by market reversing upwards.

[btc-room101]

I don't think you even know what "VC" means, its clear the way you toss around that word, you haven't a clue.

i think your narrow mind does understand the multi-layers and depths and widths of how things are.
but hey. good luck in life.

venture capitalists come in many forms. they put funds into many different things in many different ways. you may have only understood one way because your understanding only comes from one source.

venture: to take a risky course of action
capitalist: to invest in return of profit

many people think VC just means throw money at startups. but it dont. VC invest in many things. new/old/small/big

Venture Capitalists, only come in one FROM, to finance new ventures, usually in 'silicon valley', and always tangible companys that can later be resold to the public or privately,

VC are careful with 'Other Peoples Money', they don't invest in fly by night PONZI schemes

VC's are down terribly in the last two years and entire VC biz in SV is hurting.

First I thought maybe you meant "Virtual Currency" when you said VC,

The fact is two thing MADE BTC rise in 2017, first was FED-FIAT flowing all over the world, low interest money, however QE got closed DEC 2017, so now there  is no new money flowing to BTC, the second source of MONEY to BTC was credit-card debt  to the HILT by our morons here on this site. The banks closed the door on credit card debt also in DEC 2017.

No new money came to BTC since DEC 2017, and the whales pulled the plug Jan/Feb 2018, which led to the slaughter.

...

Regarding your 'theory' there is many kinds of VC, I suppose in your moronic view of the world HedgeFunds can be 'VC's' or even bank, certainly unicorns can also be VC's, again your definition of VC is 'virtual currency', because it doesn't exist.

VC's don't invest in intangibles, it just doesn't work that way, your ignorance your ability to impress a flock of morons is impressive.

Venture Capital is a very tight business model, and its almost always guys that are already rich, having taken their company public, and what they do in their boredom is invest in new company's, because they're bored.

VC GUYS would never buy crypto because they're NOT idiots, and they have no plan to 'get rich quick', cuz they're already rich,

I can't think of a single VC guy promoting BTC, its all the retards like Winkelvoss, or McAfee ( dick-eater ); Every solid serious financial guy on earth has been calling BTC a 'big fat ponzi'.

...

But I see what you have done, ..

"Venture" - means business
"Capital" - means money

Ergo BTC is' VC' because BTC is in the business (scam/ponzi) of making moron rich (Money)


Great FRANKY, but this bullshit will not even get you a glass of free water in a bar in SV.

[coin8coin8]

Making Bitcoin once again popular is actually very simple. Just need its price to rise, so there are many potential investors who are now waiting to buy it. People don't dare to buy bitcoin now because they are intimidated by the huge drop in bitcoin, but that doesn't mean Bitcoin loses its value.

[mandor]

Making Bitcoin once again popular is actually very simple. Just need its price to rise, so there are many potential investors who are now waiting to buy it. People don't dare to buy bitcoin now because they are intimidated by the huge drop in bitcoin, but that doesn't mean Bitcoin loses its value.

it's not enough just to the price goes up but all countries in the world must accept Bitcoin as a digital world asset, to be more popular again in my opinion Bitcoin always gets positive news or is widely known by the entire community. people are now waiting for the decline of Bitcoin until the lowest price, then they will buy Bitcoin and save it for the long term time.