I think its all over. Bitcoin has recovered quickly and bounced back to $5500 and the rally is still going on. With that said, I think it will moved on another upward trend after yesterday's consolidation. We may see that the price could really go higher than $6000 now. I'm very positive that after this ensuing price correction, we are heading to new ATH leading to the day of the hard fork. Will continue to hodl and wait for my prediction to happen. 

I myself has not been any to a altcoin bounty campaign but I heard a lot of news saying that some of them have really gotten a good pay of out it. I think someone already posted the link, so you better check it out. Just be sure that you have read all the rules on the campaigns and usually it requires for you to have a ETH wallet so I recommend myetherwallet. But its your responsibility to take care of your password and your private keys. Goodluck to you and hope you find campaign that will suit your rank.

This is what you call psychological barrier. Investors, traders, and even casuals can't resist the temptation to sell their bitcoin right now and cash it out because the price is too high. That's why lately you will see wild swings and not actually getting to $6000. The price is retreating today, going to $5300 so that's about $700 now from $6000. But don't worry we will finally reach that again and can be sustain. Specially is only a few a week before Oct. 25 and as we get closer to that date, $6000 will be touch then.

Correct, they are not stupid, actually they are just wise on cashing it out and shifting their money to alts now then make another move to sell again and back to bitcoin. The price is going down as I type this message, around $5300 and there are large sell orders. But if others are selling, then there are a group of investors willing to buy at this dip to enter the market and join the hype train. Its a cycle. If you know you can make quick money by selling your bitcoin today and buying later then its not stupidity.

Same here, its been months now and I'm sure all of us is curious as to what happened to the restaurant. Are they still operational and accepting bitcoin as payment? Specially India has lifted its demonetization program, I'm sure it has impact to the flow of money. There's also another thread here asking for any restaurant that accepts bitcoin. I'm sure we can point them out to one of restaurant in India that accepts bitcoin as payment. Though we need to at least get the latest news as how the restaurant is doing now.

Bitcoin right now, with the current high price is really for long term investments. Is really hard to do daily short because of the volatility. If you really want to do daily trading, much better to go to altcoins.

And as for the panic, newcomers on the market is the first one to really sell their coins once they see the price is dropping. They don't know what is going on and the initial reaction is to just sell everything and get out of the market before losing their money. But the case should be hodling on events of a price crash. But once bitcoin has rebounded, you will thank yourself for not panicking and selling your bitcoin afterall.

Yes, its just human nature to freak about something you don't have total control. And as much as you like to it let go higher, sometimes it would go other way around. But I can't help it, I want to monitor the price to see how my investing is doing. But as I gained experienced already, I'm not that affected with a sudden shift if price because I'm in the long term side of it. Though it was scary during last month's crash, but I remain patience and didn't to one sell of my bitcoins. Look at the current price, its going red, I'm sure there are investors here freaking out because the price is down although minimal.

I highly doubt that Russia will be the next major bitcoin market. How can they be when they hate cryptocurrency? That's why we have to take everything with a grain of salt everything that is coming from Russia.

This cryptoruble or whatever it's been called is a sign that they don't want to have bitcoin or Ethereum or any other crypto. They want to have their own crypto's that is centralizes and imposing high taxes on it. And I also high doubt that it will gain acceptance in Russia as well. This is a bad more for them, but what can we expect something from a government who runs with a hammer fist?

I think there's no direct correlation however, as in the case today, altcoin is slumping because people are selling them to get free coins. There are a lot of instances in the past, but there also history when both markets really enjoy a price surge. So its not same to assumed that they have some kind of correlation. Let's wait after Oct. 25, and observed that once their is a dump on bitcoin, altcoin should rise. Though this market is really hard to predict.

Its really a big gamble that this family has to make. They are betting that by year 2020, they will be millionaires. Just like all of us here, we want to be rich with bitcoin. But they have taken it to a different level. On must to think logically because its 2-3 years from now and how do his family survived then? I guess bitcoin has affected and changed a lot of people's mind but somehow, you should only invest what you can afford to lose. This family invested everything and chances are that they won't be living normally and have to wait till their gamble pays off.

I think they want to create their own digital currency not to rival bitcoin, but to see if this will be as successful as bitcoin. Cryptocurrency suddenly went crazy this year specially bitcoin and the government seeing this as a opportunity, contemplate on creating this own and see if it will be successful, bringing them more money. Its nothing more like bank notes of mutual funds they just recreate it in a different form. But then again, we haven't seen any country become successful with their own digital currency. Citizens wants the decentralized bitcoin, not something that is being control by the government.

Its obviously to raise more funds for their company. Maybe they have come up with a new project and they need fundings and the best way to raised more funds is through ICO. Even gambling sites, who have a lot of funds also go to this route. So its normal and it doesn't impact the credibility of their company.

And currently, cryptocurrency is on the boom right now and people are going crazy on cryptos. So if you have a good roadmap and new unique ideas to add to your existing company, then ICO is the best way to get your project out on the public and generate investment on it.

Specially with a 3rd world country like the Philippines, it really helps a lot of students and even those who have a regular job to just rely on bitcoin and survived and bring foods in the table. As you can see, the bitcoin Philippine community is  very much alive and really do appreciate what they can get out of bitcoin and crypto. They are really bitcoin friendly country, although not as big as Japan or South Korea, Philippines is making a significant headway in terms of bitcoin usage and acceptance.

As much as we want to have a cashless society, I think we are not closure to its actual implementation and it will take more years before we can see it happening. And I doubt that this will be the future of cryptocurrency. This is too far fetched for me. I haven't seen the movie yet but based on the summary you put, this is just pure science fiction for me.

Again, as much as I would like to have cashless society, we may never see it in our lifetime, although there have been countries like Sweden or Switzerland if I'm not mistaken who has been trying to introduce it to their society. But I don't know if this will be a success or a total failure.

What can you do if you don't have the funds?

Its really disappointing but I guess you really have to wait for the turn and not regret unable to buy when the opportunity is there. Believed that another better opportunity will rise again and this time you are ready and have the necessary funds to buy in those dips. Casuals investors like most of us here are always in this situation. And this dilemma makes you frustrated. However, it will also bring the best side of you because all you can do is wait and be patience and not rush and borrowed from someone just to join the ride. Patience is a virtue just like they said, so if you have this, I'm sure you are on the way to become successful in trading.

Exactly, you can used it to make new wallets offline and store your all your pertinent details like private key and password to a safe location. Lucky for me I haven't been hacked or something because I'm very careful. And bookmark the site as well because if you just type it in your browser maybe one or two letters will cause you to go to a phishing site that will took all your ETH and tokens. Again, its our responsibility to protect our wallet, a lot of hackers have been prying on cryptocurrency now because their is big money involved. Be safe everyone.

Yup, the white hackers seeing the vulnerabilities as well, moved all the funds to a safe location. However, the black hackers was already stolen a huge chuck of the money already.


As much as we are evolving this technology, hackers as well are doing everything to find exploits and vulnerabilities so I think it could happen once again. Its really sad though to see hackers stealing money out of the unsuspecting victim. That's why its very important to patch things up before some hackers find the weakness and steal our money.

Sorry to break the bubble but I think it will take longer before you can at least recover your losses here. Bitcoin Cash didn't gain enough traction from the community that's why the price didn't took off as expected. Why did you buy Bitcoin Cash anyway? Do you believed about that coin?

I think the community has spoken and they don't like another "clone" coin that's why the price has been slumping lately. And there is the upcoming Bitcoin Gold as well, which I think can affect the price of BCH in a negative way. Get out and stick to bitcoin or any other altcoins like ETH, NEO or LTC.

The crash that caused bitcoin to reach $2800 is the Chinese banning and subsequent negative news from them. What sudden dump are you seeing? This is just normal to see minor correction. If they dump their coins, they will lose their chance to get free money, so it doesn't make sense to do that today. You have to wait on Oct. 26 to know if there are really dumping. The only dumps that's gonna happen is bitcoin gold, because investors will likely not to support it. They are all in for the free money and dump it and buy more bitcoins. Don't be paranoid dude.

Can you give us one scenario that bitcoin has been attacked before?

Blockchain, the underlying technology behind bitcoin has no history of such attacks, although it has been spammed before causing the network to clogged down a little. And with regards to bitcoin wallet, its your own responsibility to protect it against hackers, like having strong passwords, 2FA and secure your private keys. I hope you can research first before posting here because it looks like you don't have a clue what bitcoin/blockchain is.