As predicted a lot of mining power and money is moving out of Core coin into Bitcoin Cash.
Even altcoins are losing value to Bitcoin Cash now.
Here we see the future of Crypto expanding, as Satoshi envisioned.

People won't like what you have to say here.
You'll be shunned and ridiculed.
.

It's not just about ICOs, read the PBoC statement! It's all crypto and even platforms that offer background information, pricing, etc.

Already some other countries in Asia are following in the footsteps of China.

It will be much much worse than 2013.
Bigger crash, bigger losses, many many more victims!

You really don't understand what is going on do you?
Whales are taking their profits from the new investors on a massive scale before sh*t really hits the fan.
The November fork will leave the entire ecosystem devastated if functional at all.
This is just the beginning of the biggest crash we've ever seen in Bitcoin land.
We are looking at a 6-15% daily down trend for the upcoming 3-6 months.
That is IF the network survives it at all.

Lol and here we go again. Core coiners flipping from delusion in denial. Losing almost $800 in two days and still denying it's crashing.

Good thing China banned ICOs thise were getting really toxic for the community as well.

Something people seem to be ignoring here.
BCH is gaining mining power and value everyday but the Core coiners were already celebrating their illusionary victory right from the start of the fork. BCH is guaranteed to be at least as valuable as Core coin.

Well yes. Even without the November fork, one look at the charts will tell you that.

I wouldn't say it's bad per-se, you need speculation to bootstrap it.
But the level of speculation within the bitcoin community is too much to be sustainable and will effectively kill the whole concept. But that will be done by the November hard fork already so it won't get to that.

A few years ago many of us were all excited to get merchants to accept Bitcoin, but nowadays the only thing people do with Bitcoin is buy and sell at exchanges, sell your tulips to the greater fool.
Almost nobody is using it as a medium of exchange or payment method.
All 99% of people involved in Bitcoin care about is to make more dollars out of it.
Which is sad in my opinion considering Bitcoin was invented to give people an alternative to current monetary and economic systems.

Maybe in the very far future some fork of Bitcoin can reach $5000 again, but with all the upcoming drama and regulation it's highly unlikely. Your best bet is to get your money safe while you still can, this drama and panic is only going to get worse for the foreseeable future.

A healthy correction would end around 1000-1500 USD.

But it is extremely unlikely the panic will stop there with the November hardfork around the corner.
With over 90% miner support Core coin is likely to stop functioning alltogether, effectively dropping the price to exactly zero at the moment of the hardfork. Of course the new Bitcoin will also gain instant value but i doubt it will be anywhere near the Core coin value, maybe a 200-600 USD level like BCH is realistic.
Overall it's safe to conclude that the upcoming months will result in a ~90% value loss in regards to Core coin / SW2x.
I suspect altcoins will do the same, maybe some value will move to altcoins, resulting in less loss, but i think the vast vast majority will be dumped for fiat.

As for the people crying about losing their money the past day...
I hate to say I told you so...

You don't "sound like KwukDuck".
You sound like one of very few people here with some sanity and realism left in his brain.

Max Keiser is one of the big whales in Core coin. He is estimated to hold around 20.000 to 50.000 btc.
In the past he has been caught lying about many things. Be very wary of his advice!

A matter of days, or weeks at best before we will see the biggest "correction" in Core coin history.
Anyone thinking this is normal market growth is completely delusional, this is pure manipulation to pull in ignorant users to feed the whales more money so they can dump the price hard and leave the majority with nothing left. Even my grandma talks to me about investing in Core coin because it's "the future", even though she has no idea what it is used for or how it works or even the idea behind it. This is the game tactic of the whales.

A guide to what is going on right now with Core coin.
Step 1: Feed them a dysfunctional system that is bound to collapse as a dream come true.
Step 2: Boost up the hype, this is it, this is the future, you can't miss out!
Step 3: Sell your coins for millions of dollars as the price collapses and leaves millions of people broke and ripped off.
Step 4: ...
Step 5: Profit.

Oh cut the crap already. Demand is not increasing, it's just pure market manipulation by whales to pull in more innocent souls to which they can dump. They will become more rich while those people lose all their money and become the victims of this scheme.
Yes Bitcoin technology is great, but the community made it into the biggest scam of the century.

With Monero the problem is again privacy, right now it offers reasonable privacy, but once the RingCT gets cracked the problem is that every single transaction will be traceable, the entire blockchain will be exposed.
This is not the case with other privacy coins like PIVX and DASH, they are much more secure in that sense.

But as long as RingCT stays strong Monero is a decent option technically.

Another issue with Monero is the likelihood of big whales, that would be much bigger still than any Bitcoin whales, i don't think people hodling 500k XMR are rare in this community. You can bet your ass they will dump soon, people just want Dollars, not crypto, as sad as it is, it's still the truth of this world.

Just wondering, Bitcoin started as a project to offer people freedom from bankster/government fiat and the banking system. Yet almost every single person involved in Bitcoin is using it to try to get more of that very thing Bitcoin was designed to 'get rid of'.

I never cared for Bitcoin as an investment vehicle, it's a tool that offers people financial freedom and independance.
Yes tell me again how stupid i was selling cheap and how bad i should feel, notice how i don't care.
Because for me Bitcoin was never about making more Dollars.

If none of the horrible things that are waiting for us in the future will ruin bitcoin, maybe the mindset of people just wanting Bitcoin to gain more fiat will be even more devastating.

This mindset seems to have been increasing for years now...
People don't even ask me anymore how it works or why it was invented, all they care about is how to make fiat with it. My answer is always the same... "Bitcoin is not a good investment for you, only invest in things you understand and believe in."

I've long moved on from my past mistakes.
I'm just here to warn everybody that will listen to reason and facts.

FACT: Bitcoin protocol is flawed.
FACT: SegWit transactions are extremely vulnerable to theft.
FACT: November hard fork WILL cause chaos as the majority of miners will go to the SW2x chain.

I'm not here to spread FUD, i'm here to warn people so they don't lose money.
Many people seem to be way in over their heads in this, selling their houses and shit to invest in bitcoin. When November hits, those people can live on the streets, that's something i don't wish on anyone.
Even with smaller investments or loans people got to get bitcoin, they will probably lose it and be in serious trouble!

November hard fork is coming.
Miners are aalresdy moving to Bitcoin cash.
The remaining miners will probably mostly move to the new fork.
You will get your cheap coins.

There seems to be a careful up-trend again and the bulls are starting to get vocal again with SW activation.

Let's just forget that SW is not a feature for the users, it's a security weakness introduced by the bankster controlled blockstream team.

When the SW2x and Bitcoin cash team decide to reorganise the SW chain there will be blood in the streets and Core coin could very possibly never rise to these heights again.

Remember it's just a matter of time before the news of the November hard fork hits mainstream media and people will start panic selling.
Miners have alread, and are still migrating to Bitcoin cash and 92% of the remaining miners will move to the November SW2x fork.
There won't be much left of Core coin by then.

Let's just ignore this reality and get burned... again... Don't be dumb this time...