I think that those who dared to buy bitcoins at $20k will not find enough comfort in your words, because we must always keep in mind that during the last years bitcoin became for many a highly speculative investment instrument and many took the risk in late 2017 motivated more by the desire for wealth easily and quickly than by a true interest in technology.

Therefore, after a year of the great speculative bubble, the great majority had to be forced to learn the lesson and undoubtedly today they are dedicated to other things. Actually I think many still hold their coins in the hope of a gradual recovery, but I think the vast majority discovered for quite some time that life goes on and does not stop for the pain of a great financial loss.

"Ningún hombre vivo podrá matar nunca a Hércules; un enemigo muerto será su perdición", dijo a su hijo Hilo antes de su sacrificio.

The simple fact that speculators are not interested in investing in the market these days does not mean that cryptos are dead, because this technology is much more than a simple speculative investment scheme.

Those who value a cryptocurrency in terms of its marketcap are short-sighted, because they are only looking at their petty interests before all the benefits that this nascent technology can offer to humanity.

Therefore, those of us involved in the development of this technology should make clear our support for this innovation through its use in our daily lives, and not only as instruments of speculation to hold in the long term.

En realidad, cada que veo a los analistas financieros hablando del gran potencial que tiene el bitcoin de regresar a una tendencia alcista, en vez de entusiasmarme al respecto me siento bastante suspicaz respecto a lo que realmente se está cocinando en los mercados. Vamos, no debemos olvidar que estos hombre tienen muchos años analizando los mercados ordinarios y están acostubrados a analizar las cosas bajo el estilo técnico setentero que muy poco ha evolucionado hasta nuestros días, por lo que no suelo ser muy crédulo cuando les escucho hablar de una tecnología que desconocen.

Y es quizá ese manifiesto desconocimiento lo que ha motivado indebidamente a mucha gente a especular con el precio de una tecnología que va mucho más allá de su valor de mercado, por lo que yo también os animaría a realmente involucrarse en todo el potencial que realmente tiene esta tecnología para revolucionar nuestro mundo actual, un potencial que permanecerá intacto incluso en el caso de que el precio del bitcoin caiga a niveles por debajo de un dólar.

Due to their inexperience and the false expectations with which newbies tend to start this business, there are endless bad practices that often lead them to suffer large losses again and again in a fast and repetitive way, and according to what I have observed in the years that I have been involved in this business, some of the errors are the following:

1) Lack of an adequate trading plan that involves money and risk management.
2) Lack of discipline, patience and emotional control.
3) Ignorance of technical aspects such as stop loss-take profit levels, risk-reward ratio, technical analysis tools, etc.
4) And above all, the search for unrealistic goals and excessive greed.

Some of the bad experiences I have suffered are the following:

- In Etherdelta, in December of last year someone managed to do a massive hack on the web and managed to obtain the private keys of those who wanted to enter over several hours, taking large numbers of ethers.

-In Poloniex, in June of this year they froze my account without warning, and they do not allow me to make any movement until going through an arduous process of verification that does not allow me to start despite my efforts to do it correctly.

-And recently in Cryptopia, where I suffered a hacking attempt and despite blocking my account to prevent it from being looted, mysteriously and without explanation the Cryptopia team granted access to the hacker minutes after I blocked my funds.

I think you should avoid that overconfidence. There are no compelling reasons to think that bitcoin can hold up as the most important cryptocurrency in ten years, when crypto technology has reached such advanced levels that it will make all the cryptocurrencies that exist today seem obsolete, and the level of use and the adoption of cryptos make the use of bitcoin excessively expensive due to its scalability problems.

One thing I am sure of: bitcoin will continue to be very popular in ten years and it may still be an important store of value, but due to technical specifications it is likely that the cryptocurrency used for daily commercial exchange will be another, and perhaps this has not been invented to this day.

Two years are a true eternity in the crypto space. With just a brief review of the cryptocurrencies that two years ago seemed to be very promising, we will realize that many of them no longer exist and, on the contrary, other cryptos that did not exist then, have come to occupy a place of undeniable leadership.

Therefore I think it is questionable to try to forecast the best options available today to hold for two years, because the most likely is the following:

a) Great new cryptocurrencies that look promising today, will fall into oblivion.

b) Interesting cryptocurrencies will arise in coming days that will come to revolutionize the market, and of which we now have no reference to their future success.

c) And undoubtedly, within two years reliable cryptocurrencies such as bitcoin and ethereum will continue to exercise undeniable leadership and popularity in the market.

No es justo, yo tenía un buen relato de realismo mágico donde "brujas" voladoras "conviven" en la cotidianidad de algunos pueblos de México, pero las "reglas" me lo impidieron, pues ya había contestado otra pregunta  

No sería mala idea que cuando falte poco para cerrarse el concurso y ante falta de respuestas, quien ya haya respondido alguna pregunta tenga la posibilidad de responder una segunda, aunque quizá con la mitad de recompensa... por cierto, siempre tuve la sospecha de que el miembro Legendary en ciernes era Vod, pero por más que sondee entre sus posts no hallé uno donde claramente se demostrara su tendencia a las cuestiones espirituales y gastronómicas.

Bitcointalk Name - angaper
Bitcointalk Profile Link- https://bitcointalk.org/index.php?action=profile;u=655931
Rank - Hero Member
Bitcoin Wallet Address- 1A413nbJ8PyhappVut3zF7ugH4SS4tai5w
Wearing Appropriate Signature? Yes

I have no doubt that the decisions you have made with your bitcoins have been based solely and exclusively on emotional impulses rather than on an adequate analysis of the pros and cons, risk-reward ratio and other more financial analyzes.

Unfortunately, the laws of money seem to be efficient in rewarding those who show enough intelligence to administer it, and punishing those who do not take care of it and administer it properly.

Therefore, I hope that this bad experience will leave you some teaching about it, and rest assured that if you try hard you will always find new opportunities to recover your lost money, and even multiply it.

I believe that the eventual recovery of the market will occur in a differentiated way for each currency, because I have no doubt that the current crisis will serve to purge the market of endless scams, unviable projects and useless altcoins to make room for serious projects and coins sustainable in the long term.

Therefore, I believe that all those who chose to invest in a wide portfolio of cryptocurrencies and ICOs will never be able to recover their investment 100%, since I see countless altcoins that have lost more than 95% of their previous value and it would be foolish to think that will gradually recover their value.

But regarding bitcoin, I have no doubt that in the medium term it will continue to grow and possibly in 2019 we will see its price recovering above $15k.

I think that this question should not be asked to the community as a whole, because everyone has approached this ecosystem motivated by different reasons. Rather I would ask you why are you waiting for the price of bitcoin to grow a lot? Because even if bitcoin stays for many years in the current price range, it would be a reliable and efficient cryptocurrency with low costs and fast transactions.

Only speculators without any commitment to bitcoin are interested in seeing again a rampant bullish race in its price to sell it as soon as they satisfy their excessive ambition.

Are you sure? I do not see strong reasons to think that this could happen in the medium term, especially taking into account the great competition that ethereum is facing with new cryptos that are offering better features than ethereum, which has motivated many ICOs to be launching their projects through their platforms like EOS.

In addition, the recent fall in the price of ether, as shocking as it is painful, has led many investors to be discouraged by the limited possibility of a rapid recovery in price, which seems to be leading to a lack of credibility in the long-term viability of ethereum.

That is why in my opinon, verything seems to indicate that, on the contrary, ethereum has more risk of being displaced from its current leadership than bitcoin, which seems more resilient in the face of the strong competition that new and more efficent altcoins are presenting.

Observing the historical behavior of bitcoin in recent years, it is easy to see that the months of December are usually quite volatile and disruptive, so they tend to be determinants to configure the trend that will continue during the following months, however, it is easy to observe that there have been end-years with bearish, bullish and stable trends alike, so I still do not understand why many assume that December is always a good year for bitcoin.

I prefer to be quite cautious in my forecasts for December, because I do not see conditions to expect a significant jump in the price of bitcoin since many investors seem to have been disillusioned by the performance of the market this year, and things seem to have returned to a normality that until before 2017 seemed to prevail in the market.

Pues al igual que pasa en muchos países, en México apenas se están dando los primeros pasos hacia la regularización de las criptomonedas (término que no ha sido aceptado al no dársele un estatus de "verdaderas" monedas a las criptos por no estar respaldadas por un banco central, por lo cuál se está utilizando el término "criptoactivos").

Por lo tanto, hay un gran vacío legal en cuanto a las obligaciones fiscales de quienes están realizando trading en criptomonedas (de hecho, ni siquiera se ha publicado aún el esperado listado de criptoactivos con estatus "legal" en México, que debería ser publicado por el banco de México este mismo año.

Pero si te sirve de referencia, el popular exchange mexicano Bitso ha sido uno de los puntales trabajando codo a codo con legisladores y autoridades financieras para elaborar la ley Fintech, y hasta el momento es posible hacer trading en su plataforma sin ninguna restricción o reglamentación encaminada a retenciones de impuestos, solo te cobran las comisiones por cada operación, de lo que supongo ellos mismos sí deberán estar pagando impuestos.

Además, ha quedado reglamentado por el Banco de México que los exchanges que operen en México pueden llevar a cabo sus transacciones con toda normalidad, y solo deberán tomar medidas especiales para combatir el lavado de dinero en caso de que se observen movimientos inusuales en las operaciones financieras de cuaquier cliente.

Aquí podrás hallar información interesante al respecto:

https://blog.bitso.com/ley-fintech-implicaciones-para-bitso-y-la-relación-con-sus-usuarios-57f5acfabc40

In fact, everything seems to indicate that the moments of great panic have been left behind, and at this moment we are seeing a market that seems to have found a certain period of stability after the great storm that meant the first months of this year.

However, we should not assume that the market is about to recover its upward trend, so we should not become overconfident. It is likely that the market remains stagnant for a long time once speculators have discovered the great volatility and uncertainty that prevails in the crypto market.

Therefore, it may be advisable to invest but in a limited way, waiting for the possibility of finding even better prices in the coming months.

With all the respect you deserve, I do not see under the current market conditions any opportunity for the price of bitcoin to close this year close to $100K, as some of those who appear in that article say they are convinced. In fact, the most unyielding of that article is that none of those supposed experts give a justification or analysis that leads them to conclude that this price is possible, they simply limit themselves to expressing a number. In addition, that article was drafted in May, when there were still seven months to the end of the year, and at this moment the time seems to play against them.

For the rest, I would like to know what are the bases of your excessive optimism. About three years ago, when I first started on bitcoin, I often saw that many bet that the price of bitcoin would reach one million dollars in the near future, but as time progresses fewer and fewer people dare to hold that position.

Respondiendo también a la pregunta 9, creo que a mi y a muchos participantes del foro en español nos ha resultado bastante llamativa, controvertida e indudablemente rara la irrupción del usuario "AlfaxBeta" dando referencias de su supuesta relación con Satoshi Nakamoto, llegando a veces a identificarse como el mismo. Para los más nuevos, que quizá se perdieron el extraño hilo de hace un par de años (al que luego le dio continuidad en el mes de abril de este año hablando del Libro Blanco del bitcoin) este es el hilo:

https://bitcointalk.org/index.php?topic=1730947.msg17319712#msg17319712

Después de su tormentosa irrupción en bitcointalk, anunciando una de las campañas de firmas mejor pagadas de la historia (un ether por cien posts en su foro, más algo así como $180 en ether por 30 posts aquí), el proyecto fue incapaz de sobrevivir más que una sola semana en bitcointalk, mientras que su foro ha permanecido prácticamente estancado después de haber cumplido con retrasos los pagos que se acumularon después de un par de semanas con la campaña.

Un administrador de campaña robando fondos, un sinfín de quejas por incumplimiento de pagos, un continuo cambio de reglas y grandes demoras y errores a la hora de pagar, así como una inútil planificación que hicieran sostenible la continuidad del foro como un lugar de referencia para promocionar las ICOs, dieron al traste con las buenas intenciones del dueño del foro, "Ros", que hasta ahora se ha mantenido bastante callado respecto a la posibilidad de darle continuidad al foro.

Mientras tanto, la comunidad del foro en Telegram continua albergando la esperanza de que el próximo día 26 haya positivas noticias respecto a nuevas sorpresas en el foro, cosa que parece poco probable.

Mientras tanto, veremos que novedades ocurren en ese fallido proyecto.