Quote from: WinslowIII on October 15, 2018, 11:16:16 AM

Quote from: Herbert2020 on October 15, 2018, 06:11:25 AM

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

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.

Quote from: WinslowIII on October 15, 2018, 11:16:16 AM

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.

Quote from: WinslowIII on October 15, 2018, 11:16:16 AM

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'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.