Topic: 2014 vs 2018 (Read 843 times)
How can trading be dead, in any market with high volatility (crypto is still probably the highest even though it's much less than it used to be) there will always be big losers and big winners. Just because it's no longer easy to predict the next big 10x coin doesn't mean that some people can't and aren't doing it.
when you make a comparison you shouldn't bend the facts and only use 2 or 3 aspects that you like and relate to your false conclusion. and that is why everyone is disagreeing with you.
in the end it doesn't matter though. people like you have been doing the same thing for as long as bitcoin has been around. you can find similar topics like your if you go to high pages in this board (pages 300-400). they basically are saying the same thing when price was $10 too.
in the end it doesn't matter though. people like you have been doing the same thing for as long as bitcoin has been around. you can find similar topics like your if you go to high pages in this board (pages 300-400). they basically are saying the same thing when price was $10 too.
Wtf are you talking about? it's like you and others just gloss over what I'm saying without taking any time to understand and just write it off as general fudding.
The kyc requirements of exchanges today and the banning of US citizens from more and more exchanges is totally unprecidented. Trading/speculation has been bitcoins biggest use case by far and it is slowly being taken away, and this is a huge difference from this last halving pump from the ones before it. My question is what effect this will have going forward?
Most here are simply not mentally capable of understanding what I'm even talking about and are in their own little world expecting $20k by the end of this year. This is an echo chamber.
no my friend, you are incapable of creating a proper intelligible comment!
you start by calling bitcoin rise for the past 6 years a "halving pump" and that alone reduces your comment's value and shows your lack of understanding about bitcoin and its value.
and then you follow it up with false assumptions of your own without any basis. @figment explained this well enough above this comment.
when you make a comparison you shouldn't bend the facts and only use 2 or 3 aspects that you like and relate to your false conclusion. and that is why everyone is disagreeing with you.
in the end it doesn't matter though. people like you have been doing the same thing for as long as bitcoin has been around. you can find similar topics like your if you go to high pages in this board (pages 300-400). they basically are saying the same thing when price was $10 too.no
in the end it doesn't matter though. people like you have been doing the same thing for as long as bitcoin has been around. you can find similar topics like your if you go to high pages in this board (pages 300-400). they basically are saying the same thing when price was $10 too.no
Wtf are you talking about? it's like you and others just gloss over what I'm saying without taking any time to understand and just write it off as general fudding.
The kyc requirements of exchanges today and the banning of US citizens from more and more exchanges is totally unprecidented.
no, it's been happening for years. bitstamp implemented mandatory KYC in 2013. bitmex banned USA residents back in 2015. the market has become increasingly segregated over the years due to the regulatory uncertainty around non-KYC for crypto-only trading and serving american markets.
Trading/speculation has been bitcoins biggest use case by far and it is slowly being taken away, and this is a huge difference from this last halving pump from the ones before it.
that's not really a use case; traders can speculate on anything. i don't see evidence that it's being "taken away" either. over time, we shouldn't be surprised if money flows towards licensed exchanges and/or ones that implement KYC. they're much safer places to keep trading funds than offshore exchanges shrouded in secrecy.
My question is what effect this will have going forward?
Most here are simply not mentally capable of understanding what I'm even talking about and are in their own little world expecting $20k by the end of this year. This is an echo chamber.
Most here are simply not mentally capable of understanding what I'm even talking about and are in their own little world expecting $20k by the end of this year. This is an echo chamber.
i've been here since 2013. i know what a bubble looks like, and i know what comes after. i'm not expecting another bubble anytime soon.
the only noticeable differences between now and 2014:
1. markets are much more liquid now.
2. much more algo-trading activity now.
the effects going forward are the same as they ever were. the market becomes more segregated between exchanges that want to serve USA customers and those that don't.
The kyc requirements of exchanges today and the banning of US citizens from more and more exchanges is totally unprecidented. Trading/speculation has been bitcoins biggest use case by far and it is slowly being taken away, and this is a huge difference from this last halving pump from the ones before it. My question is what effect this will have going forward?
Are you absolutely certain about that?
https://www.coindesk.com/fidelity-reveals-cryptocurrency-and-digital-asset-trading-platform/
https://medium.com/bakkt-blog/newhire-launch-c5dd55254566
So Americans find it harder to get on fuckholes like Bitfinex and Bitmex. Boo hoo.
when you make a comparison you shouldn't bend the facts and only use 2 or 3 aspects that you like and relate to your false conclusion. and that is why everyone is disagreeing with you.
in the end it doesn't matter though. people like you have been doing the same thing for as long as bitcoin has been around. you can find similar topics like your if you go to high pages in this board (pages 300-400). they basically are saying the same thing when price was $10 too.
in the end it doesn't matter though. people like you have been doing the same thing for as long as bitcoin has been around. you can find similar topics like your if you go to high pages in this board (pages 300-400). they basically are saying the same thing when price was $10 too.
Wtf are you talking about? it's like you and others just gloss over what I'm saying without taking any time to understand and just write it off as general fudding.
The kyc requirements of exchanges today and the banning of US citizens from more and more exchanges is totally unprecidented. Trading/speculation has been bitcoins biggest use case by far and it is slowly being taken away, and this is a huge difference from this last halving pump from the ones before it. My question is what effect this will have going forward?
Most here are simply not mentally capable of understanding what I'm even talking about and are in their own little world expecting $20k by the end of this year. This is an echo chamber.
I agree with your statement,it's easier to make profit and see the coin price multiply in past years, now we got tons of alt and tons of regulations for crypto, and the kyc requirement make the crypto investment same with Fiat investment,so the regulations is disadvantage for crypto, and I think we won't see any huge rising anymore in crypto
I heard the mane of cryptocurrency in 2017 when bitcoin become 9 years old. I don’t know what happened in 2014, but I know that the investors of 2014 are now millionaires due to bitcoin investment. They bought for very low price almost few dollars and sold them in 2017 for a huge price and earned thousands of dollars in each bitcoin. This is called luck. So instead of answering the question you call me stupid and tell me to go away- typical bulltard reaction.
Yeah right, I've answered you and so have others. Think about your argument for a second, it's the same as 'I won't buy any stock in this company because I believe the government will regulate the stock exchange further'. Stupidity or trolling, simple.
when you make a comparison you shouldn't bend the facts and only use 2 or 3 aspects that you like and relate to your false conclusion. and that is why everyone is disagreeing with you.
in the end it doesn't matter though. people like you have been doing the same thing for as long as bitcoin has been around. you can find similar topics like your if you go to high pages in this board (pages 300-400). they basically are saying the same thing when price was $10 too.
in the end it doesn't matter though. people like you have been doing the same thing for as long as bitcoin has been around. you can find similar topics like your if you go to high pages in this board (pages 300-400). they basically are saying the same thing when price was $10 too.
Spot on, this kind of topic has been posted numerous times over the years. I can only hope it's trolling because if all these posters are genuine I pity them for their stupidity.
when you make a comparison you shouldn't bend the facts and only use 2 or 3 aspects that you like and relate to your false conclusion. and that is why everyone is disagreeing with you.
in the end it doesn't matter though. people like you have been doing the same thing for as long as bitcoin has been around. you can find similar topics like your if you go to high pages in this board (pages 300-400). they basically are saying the same thing when price was $10 too.
in the end it doesn't matter though. people like you have been doing the same thing for as long as bitcoin has been around. you can find similar topics like your if you go to high pages in this board (pages 300-400). they basically are saying the same thing when price was $10 too.
the market game they play actually depends on how much profit they get. if they get a big profit in one coin they will maintain the price, but if the coin is a scamcoin they will only do a bubble to rob you of money. this is in my opinion and opinion
This is just a bunch of rhetoric. Why don't you specify what bitcoin's use case is going forward with all of the government pressure on exchanges to kyc traders and less and less altcoin action. Assuming "they" are successful at eliminating speculation profits from crypto, what's to give it future value? so far, in my eyes that's been bitcoin's main use case.
I don't need to specify anything. I'm convinced of Bitcoin's merit and I don't care if you or anyone else is not.
You seem to have a hard time focusing on anything except exchange issues, like they matter for Bitcoin's development, they don't. However, if you strongly think that government pressures on exchanges matter so much, don't invest, simple. As I keep saying go invest somewhere that is within your mental limitations.
You may also want to research the difference between the meaning of prices and values, otherwise I suspect you will also have trouble investing in the more traditional markets.
So instead of answering the question you call me stupid and tell me to go away- typical bulltard reaction.
This is just a bunch of rhetoric. Why don't you specify what bitcoin's use case is going forward with all of the government pressure on exchanges to kyc traders and less and less altcoin action. Assuming "they" are successful at eliminating speculation profits from crypto, what's to give it future value? so far, in my eyes that's been bitcoin's main use case.
I don't need to specify anything. I'm convinced of Bitcoin's merit and I don't care if you or anyone else is not.
You seem to have a hard time focusing on anything except exchange issues, like they matter for Bitcoin's development, they don't. However, if you strongly think that government pressures on exchanges matter so much, don't invest, simple. As I keep saying go invest somewhere that is within your mental limitations.
You may also want to research the difference between the meaning of prices and values, otherwise I suspect you will also have trouble investing in the more traditional markets.
Spoken like someone who has already gotten rich from crypto or holding 10 cent coins, thanks for the advice but I can make my own decisions from here. What I'd like to see is some informative discussions regarding current issues bitcoin is facing.
There is reams of informative discussion going back several years now. In addition, there is plenty of informative discussion for your so called 'current issues', by which I can only imagine you believe are price related.
You are missing the bigger picture because you and others are focusing on the price. If you focus on the actual development of the protocol itself, the industry developments building around Bitcoin, and the problems of the legacy financial system and governments, you might just decide that Bitcoin is a good long-term investment, which is the conclusion I came to after the mid 2013 bubble and then again after the end of 2013 bubble.
If that, and what has been written to you in this thread, is not enough to make a decision on your investment I don't know what will, and I think you will never be convinced. So, don't waste you time here anymore and go elsewhere to find a investment that agrees with you.
This is just a bunch of rhetoric. Why don't you specify what bitcoin's use case is going forward with all of the government pressure on exchanges to kyc traders and less and less altcoin action. Assuming "they" are successful at eliminating speculation profits from crypto, what's to give it future value? so far, in my eyes that's been bitcoin's main use case.
Spoken like someone who has already gotten rich from crypto or holding 10 cent coins, thanks for the advice but I can make my own decisions from here. What I'd like to see is some informative discussions regarding current issues bitcoin is facing.
There is reams of informative discussion going back several years now. In addition, there is plenty of informative discussion for your so called 'current issues', by which I can only imagine you believe are price related.
You are missing the bigger picture because you and others are focusing on the price. If you focus on the actual development of the protocol itself, the industry developments building around Bitcoin, and the problems of the legacy financial system and governments, you might just decide that Bitcoin is a good long-term investment, which is the conclusion I came to after the mid 2013 bubble and then again after the end of 2013 bubble.
If that, and what has been written to you in this thread, is not enough to make a decision on your investment I don't know what will, and I think you will never be convinced. So, don't waste you time here anymore and go elsewhere to find a investment that agrees with you.
Futures is not a good thing for price growth in my opinion, and it certainly isn't the sort of activity I'm talking about. Since the futures market started, Non-crypto Wallstreet players have made a lot of money on the falling bitcoin. This so far is the only result of the futures market.
I'm not being sad, I'm trying to figure out if bitcoin is even worth watching from here - there's a difference.
By the sounds of it Winslow you think there is nothing that is a good thing for growth, apart from not having KYC. I highly suggest that you stop posting here, delete your account, and forget about bitcoin. If you are not convinced about the future of Bitcoin from its limited supply, halving in inflation rate, the previous price history, ongoing protocol development, new and old companies entering the market, ongoing adoption, and so on, nothing will convince you of it's worth.
You are not meant to be an early adopter of disruptive technology that requires significant investment, your mental state and impatience prevents that. Know your limitations and find a mature market where those limitations won't be a problem.
Spoken like someone who has already gotten rich from crypto or holding 10 cent coins, thanks for the advice but I can make my own decisions from here. What I'd like to see is some informative discussions regarding current issues bitcoin is facing.
Futures is not a good thing for price growth in my opinion, and it certainly isn't the sort of activity I'm talking about. Since the futures market started, Non-crypto Wallstreet players have made a lot of money on the falling bitcoin. This so far is the only result of the futures market.
I'm not being sad, I'm trying to figure out if bitcoin is even worth watching from here - there's a difference.
By the sounds of it Winslow you think there is nothing that is a good thing for growth, apart from not having KYC. I highly suggest that you stop posting here, delete your account, and forget about bitcoin. If you are not convinced about the future of Bitcoin from its limited supply, halving in inflation rate, the previous price history, ongoing protocol development, new and old companies entering the market, ongoing adoption, and so on, nothing will convince you of it's worth.
You are not meant to be an early adopter of disruptive technology that requires significant investment, your mental state and impatience prevents that. Know your limitations and find a mature market where those limitations won't be a problem.
Futures is not a good thing for price growth in my opinion, and it certainly isn't the sort of activity I'm talking about. Since the futures market started, Non-crypto Wallstreet players have made a lot of money on the falling bitcoin. This so far is the only result of the futures market.
It's another pillar in the foundation of something that's here to stay. It may not seem like much fun now, but it's inevitable for something that has plans to stick around. Nothing of sufficient size fails to get futures markets.
By this stage it would be somewhat weird and unsettling if they weren't here.
Incredible amount more legitimacy and activity now - can you elaborate? what I'm seeing is a lessening of use cases tied to government pressure.
Futures, Goldman Sachs and others toying with entering trading and custody services, Bakkt launching next month with NYSE backing among others, GBTC having had several years of successful operation, proper regulation in places like Japan, Malta and other countries making noises about it.
All of that would've seemed ludicrous in 2013/14.
I know you're determined to be sad so I'll stop now.
Use cases like shopping, remittances and others will go nowhere until Bitcoin is much larger than it is now. All of the current implementations will disappear.
Futures is not a good thing for price growth in my opinion, and it certainly isn't the sort of activity I'm talking about. Since the futures market started, Non-crypto Wallstreet players have made a lot of money on the falling bitcoin. This so far is the only result of the futures market.
I'm not being sad, I'm trying to figure out if bitcoin is even worth watching from here - there's a difference.
Incredible amount more legitimacy and activity now - can you elaborate? what I'm seeing is a lessening of use cases tied to government pressure.
Futures, Goldman Sachs and others toying with entering trading and custody services, Bakkt launching next month with NYSE backing among others, GBTC having had several years of successful operation, proper regulation in places like Japan, Malta and other countries making noises about it.
All of that would've seemed ludicrous in 2013/14.
I know you're determined to be sad so I'll stop now.
Use cases like shopping, remittances and others will go nowhere until Bitcoin is much larger than it is now. All of the current implementations will disappear.
Anyway if I knew about bitcoin in 2014, I would bought minimum 10000 bitcoin and now I will be the richest person of my community.
Doubtful. Most would've been too scared to buy after seeing a fall of that size.
I well remember the moment it fell to $160 or so in early 2015. Someone looking back would claim to have been jubilant and buying as much as possible. The reality was it was a depressing sight which passed with little more than some glum comments.
Everything looks obvious in retrospect. At that time it still felt like a real possibility that all of this could dwindle to nothing. I don't feel that way any more and that's the prime difference between now and that year. It might be boring and depressing. There's also an incredible amount more legitimacy and activity these days. Back then it was just starting to warm up.
Incredible amount more legitimacy and activity now - can you elaborate? what I'm seeing is a lessening of use cases tied to government pressure.
Anyway if I knew about bitcoin in 2014, I would bought minimum 10000 bitcoin and now I will be the richest person of my community.
Doubtful. Most would've been too scared to buy after seeing a fall of that size.
I well remember the moment it fell to $160 or so in early 2015. Someone looking back would claim to have been jubilant and buying as much as possible. The reality was it was a depressing sight which passed with little more than some glum comments.
Everything looks obvious in retrospect. At that time it still felt like a real possibility that all of this could dwindle to nothing. I don't feel that way any more and that's the prime difference between now and that year. It might be boring and depressing. There's also an incredible amount more legitimacy and activity these days. Back then it was just starting to warm up.
Jump to: