The bull market has never left us since May. It can not come back if it has always been there since April 2020.

The losers are fearful at bottoms and are greed at tops or peaks. They response to the market oppositely to what they should do response and get earnings. Being fearful at bottoms, sell off with crash, and stay fearful when market is side way. Being hesitating when market begins to break out and being greed when the market tops up again.

Some people with good analytical skills, usually often take advantage of the volatile Bitcoin price, they are more daring to make short-term trades
to be able to make a profit. Even though the profit is small, but if done repeatedly the profit collected can be large. In the end it comes back to
each person, not everyone chooses Bitcoin holding, some people are more actively trading. But my advice for beginners is better to just hold Bitcoin,
because usually beginners do not understand how Bitcoin works. It's true that not everyone has big capital, but there's no need to be disappointed,
because with a small capital can also generate large profits. But the process is longer and does require patience.

It has long been stupid to believe the media. They say only what is beneficial to the state. They want to cover up mining, because they understand how much this will affect the course and stability of Bitcoin. Of course, they do not want people to use it, when they find a way by which they can control our actions even more, they will do everything to convince us of the "usefulness" of Bitcoin.

Yes, it is true. So if the government is afraid to be used as an instrument of crime, I think with your explanation it can be identified as well. even though we ordinary people only see the address without clearly stating the identity of the wallet owner

On the ledger, you are anonymous but if someone traces specifically your address all the way to you spending it all, they will be able to identify who is behind that address. I think that this is a good reason why not every money laundering users are using bitcoin because the FBI can trace it beck to them especially if there's big transactions and consecutive transactions done in a single address.

It is a once in a lifetime opportunity that you should never miss and you would regret it so much once you chose to ignore it. In my case, I chose to learn about it too late. The price of bitcoin grew a lot when I decided to dedicate my time on it. I saw it as the future although we cannot be certain about it yet hence we can be sure that it will have a place in the future. You will receive lots of benefits once you choose to focus on it. So if you had or you will get to know about it, do not let it slip in your hands anymore and invest what you can lose on it.

bitcoin will be able to achieve that, bitcoin will certainly become the world's digital currency, because every country also creates a lot of local digital currency, but will not be able to beat bitcoin because bitcoin has the advantage of not having regional limits and speed between countries, which is not capable of being done by local digital currencies.

it takes hard work even though many countries have openly recognized it as a legal currency like their fiat money, but it's good to keep bitcoin running according to the advantages it has, but let fiat continue to run to do backups if bitcoin still can't be used in the country In certain cases, bitcoin and fiat need each other so that cooperation can be built.

maybe it is still necessary to provide education first, even though the state's goal is to improve the country's economy, but if there are still many who do not understand, it can be ascertained as you say, there will be rejection and that is normal but with the passage of time by providing an explanation and the government's commitment to the adoption of bitcoin to the public, it can be resolved as well as possible.

as long as the government's goal is to improve or take any steps there will be rejection, because there are those who benefit and lose, but if the government really aims for the progress of the nation, it will be resolved and can be well received. there will always be resistance in every change.

hopefully the elsavador impact will make bitcoin a lot of countries to follow and bitcoin will be able to increase in time.

The fault lies with the Bitcoin users. As the OP has rightly pointed out, only 0.117% of the global energy use is devoted to Bitcoin mining. The arguments put forward by the critics don't have any face value, and they themselves know that. But at the same time, Bitcoin users have fallen in to the trap that the critics have set for us. Rather than pointing out that our energy usage is minimal, everyone here has been busy finding excuses such as "green energy" proportion in mining is increasing. Satoshi won't be happy with this. He designed Bitcoin as a decentralized currency, that can't be manipulated. And here we are getting manipulated by those people who hate BTC.

but the daily trading volume has been very low lately even during the big dump that happened a couple of days ago. in my experience this suggests that those with large amounts of bitcoin and even those with smaller amounts and even the weak hands are no longer falling for the panic sell encouragement and are not selling anymore. the reason for the drop was market manipulation which couldn't even last for more than a day.

So I'm new to the crypto investments. So can someone explain to me where are the whales that sold high? What are they waiting for? They would get more coins so a bigger ROI once everyone starts buying again. Or is there something else I'm missing.

Since the crypto markets are unregulated the Sec and his lawyers shouldn't have any say.   case tossed.

And do you really think that the USA gov would allow a National Strategic Asset like Elon Musk who puts more rockets in to orbit then the rest of the planet combined to fail? or even be censored much?

Many people have been talking about a full government ban towards Bitcoin. Some said that Bitcoin could be banned the same way Gold was banned a couple of years ago. This is to prevent people from using Bitcoin and other cryptocurrencies on top of Fiat. After all, governments want to control people's money. Something that's decentralized and outside the reach of the government, should be banned from the face of the Earth (according to governments' mindset).

What do you think? Will governments (especially the US government) ban Bitcoin like they did with Gold? Or is it too late to do something about it? Will Bitcoin survive if all governments unanimously agree to ban its usage worldwide? Your input will be greatly appreciated. Thank you very much.

Exactly. I don't get what the big deal is about Bitcoin's energy consumption, when existing financial institutions consume more energy than Bitcoin on a daily basis. It's all failed attempt to spread FUD in order to lure people away from Bitcoin and cryptocurrencies in general. Bitcoin can be much greener than what it is right now, if miners rely on alternative energy sources. Imagine how Bitcoin would benefit the environment if most ASIC machines relied on solar or wind energy. With how fast our world is changing, we might see this become a reality sometime in the future. Since PoW is the most secure (and decentralized) consensus algorithm to date, it's hard to believe Bitcoin will switch to PoS anytime soon. On the contrary, Bitcoin will remain as a PoW cryptocurrency while the rest of the altcoins will switch to PoS in order to "tackle" the high energy consumption. Ethereum will switch to PoS, and other PoW-based cryptocurrencies will follow as the PoS hype comes into fruition. I wouldn't worry about Elon Musk abandoning Bitcoin in favor for another altcoin, as long as the pioneer cryptocurrency as some loyal supporters behind it. Just my opinion

Unfortunately, this is how the psychology of the masses and the mechanics of the work of traders work. It's not about the message that Elon Musk wrote - it's about the inadequate reaction that arose after him. Due to the fact that traders received a sell signal due to this "news", they mechanically began to fold Bitcoin. When this went on for several hours, hamsters began to sell. But this did not become a "crash! So it is better to forget about this manipulator and move on."

This cycle is similar to many previous ones, so there is no need for a deep analysis.