Its not that bitcoin has many followers, there's no question about it. The problem with bitcoin cash is that the people behind it is as shady as the coin itself. Its a knock off coins and the price jump is just a maneuver by the Chinese miners and is proponents. Its just a another coin for pump-and-dump and for profit taking but the people behind it.

And look how the community reacts, the price has fallen significantly after the dump, although its trying to make a comeback, however they don't have the consensus of our community and it will not gain any steam anymore.

To be honest, I really don't think that bitcoin could reach this far. The first time I heard cryptos or bitcoin was around 2011 try my hands on it but totally give up because I don't see any future. However, things have changed. You can see that in this year alone, bitcoin price exponentially grow to 700% which has not been done before.

Now, I'm hook on it, although there are regrets for not believing in it before, I still think that its not to late to join the bandwagon and connect myself into the ecosystem and recover my lost ground.

I really don't understand why people are equating bitcoin to easy money. Bitcoin is being earn and you need to have to put up either capital (trading/investing) and effort (signature campaign, services offered) in order to have bitcoin. The only way to have easy money is thru gambling but it has high risk and you might ended up losing.

And now since the demand is increasing, its really getting harder to earn. Just look at how signature are paying paid now, a Full Member before is getting .0075BTC but today its .006BTC.

Yes, there are still FUD going around. They will never be gone, and they are plainly obvious when bitcoin price drops.  We don't even need FUD to pull back the price. Manipulators can strike anytime. They can just set big sell orders and then boom, lot of members follow suit without knowing what causes the massive sell, then FUD's ride with the massive dump.

As for preparation, I guess there is none as well. Just remain vigilant, go around the forum, the Press Release section and see what's the current trend is. Before making the decision to push the sell button or hodl.

Another welcoming news to the Filipinos. Although Philippines is still very young in the cryptocurrency because not everyone know about it, I'm sure this news its another step that will make bitcoin be recognize and merchants began to accept bitcoin in that country. I noticed though that is it Asia that really leading the way for bitcoin to be fully recognized globally. I guess with recognition, comes taxation. 


I don't think the economy will be affected that much, although I believed that Filipinos will really get the benefit from bitcoin trading and investing.

But the thing is that people are really gullible and easily persuaded to join this so called airdrop and think that they are getting free money here. Its not. Initially, airdrops seem to be the next "IT" thing in marketing. But lately most airdrop become scam itself.

I don't think that people can stop developing all this kinds of shitcoins because there are a lot of individuals still falling for it.  And in my opinion, CMC will have to deal with and probably put ways to stop it ever the plans push through.

As traders, volatility is our "friend" specially for day traders. Its one aspect of bitcoin that we really like unlike stocks or any trading market. If you know how to play arbitrage then you will love how volatility works.

As for the future of bitcoin, no one really know for sure. Maybe we can see new coins being embrace just like bitcoin. But definitely bitcoin has already a foothold and has the trust of most traders and investors that's why the price keeps going up. This alone will show that bitcoin can stay at the top for so long.

No one here has the crystal ball to predict when bitcoin price is going to drop. You just have to wait buddy. And not only you are waiting for the dip to enter the market, there are hundreds of investors who are waiting to buy bitcoin. Bitcoin can't go parabolic, it will bound to happen.

There is no question that bitcoin is the King and no attacks can really pull it down. A few attempts have been made already but bitcoin was able to withstand all of it and even rebounded from such condition very quickly.


LOL mate, you already stretch it too far, let's not talk crypto's and end of the world in one sentence. It doesn't make sense at all.

I read the article and almost everything written their is correct, although most of us are all aware as why bankers are really attacking bitcoin and why several nations are banning the whole cryptocurrency arena Everyone who bashes bitcoin have their own agenda behind.

Just like what Jamie Dimon did earlier, he ride the wave of the China FUD and added his own spin. Then later we found out that JP Morgan bought huge amount of bitcoin during the crash. Its gonna be a constant battle, but the more they attack bitcoin, the more it grows stronger.

Let me remind you of an old mantra here: "If it seems too good to be true, it probably is"

Let that be your guide whenever you see some items being sold at a cheap price. And Bitmain products if I'm not mistaken is pre-order, so when they say volume is available then its a blatant lie.

I haven't had a good experience, because (1)it really sounds like a scam site, (2) they are really scam site. So my friendly advise is not to buy from them and later regret your decision, don't take the risk.

Bitcointalk Username: Baofeng
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Exactly, the first quarter would be a good time to hit $10K but I seriously doubt that it can be done this year. Except for the CME rumors which have been going for some time and probably why bitcoin price kicks in, I don't see any speculative news that will push the price to go to $10K in December. But we are going to be OK, as long as we are in the positive mode and no attacks or bashed is on our way. The best thing to do is to just hold on our bitcoin because it will close this year at a positive note, then 2018 will be another big year for all of us.

No. Most likely that they will just ignored your request. I'm sorry to burst the bubble, but its your responsibility to safeguard your bitcoin in a exchange. And before you forgot, a lot of members here's advises not to store your bitcoin especially huge amount like yours in a exchange because of this kind of event or the whole exchange itself is being hacked.

You should only store few bits of your coins, just enough for you to get your trading let's say on a daily basis. Wallet like Electrum and Core is the best wallet to put huge amount of bitcoins. I hope you did learn your lessons here. Its a big amount but there's no way that you can get it back.

I speculate that around $8200-$8500 will be the profit taking for most traders around. $8000 has been breached but a just a little dip still. I though that $8000 is the mental barrier but it looks like it isn't because the price is still dancing around $7900-$8000. Correction will happen as above mentioned price but it will just dip a little, maybe $7500 tops is the floor price that we can get.

Its still gonna be too steep for us casual but boy those big investors will really be suckered to bought at this 'discounted' price. And then after the correction we may see it marches toward $10000 at the end of the year of maybe early 2018. That would be great if finally we are going to touch a 5 digit for bitcoin in 2018. Another milestone and one for the books.

Just this year alone, so much drama and its like watching a soap opera. Better get your popcorn ready. If I can remember a few twist and drama.

1] The whole expectation that SEC will approved the Winklevoss twins application for a ETF. Price shoots up, however, SEC denied it causing the price to go down to $900 and FUD waves comes along saying bitcoin is dead.

2] Japan then entered the pictured pushing the price to the next level.

3] ETH surges again. Then their is the talks of flippening. Didn't happened. LOL

4] The whole scaling debate that is still ongoing today. Segwit is activated in August. Then the rest is history.

5] China and the Jamie Dimon saga. Pulling the market to a crash.

6] Bitcoin Cash attacks bitcoin and try to brought the market to a near crash. They failed. Bitcoin wins.

So with that said and with all the happening and event this year, it was truly a roller coaster ride, a lot of ups and downs and then the subsequent recovery to even greater heights. So its really like a soap opera. 

You are too late if they think that bitcoin cash could go to $2000 again. If you didn't sell it at that price, then you have miss the opportunity already. Bitcoin Cash will never reach that price again.

Its clear as day as what is the purpose of this coin, its purely pump and dump coin. If you have joined the hype, you should think that this is the main reason why it quickly rises and should have dump it at the top price. Because its not sustainable.

Well when they banned ICO and closes its exchanges, the next target is their mining business. However, I don't know if this is fake news or not because we have seen a lot of them being used as a tool by a lot of FUD's around here during the height of their crackdown.

I have to disagree with the energy requirements being unsustainable, China has abundant of energy and even have a surplus that it can't be depleted in the next 10-20 years. This is real crackdown.

Japan has already show enthusiasm to have its own mining farm and mining hardware. I'm sure they will again take over if ever China bans bitcoin mining.

A green means a win so I think everybody is happy to see it when we gambles.And the feeling is different, its like adrenaline rushing to our system, specially if we bet big and won the roll. That's why a green bring to all of us gamblers. Sometimes we fell invincible and can go all green all time time but its not the case. Just learn how to control your emotions though, because it will not be a green all the time. Quit while you are ahead of on the game.