But its currently trading at above $4300 now from a high of $4700 just a couple of days ago. China is shaking bitcoin today and the fake news really had a impact, just like when that announce that they are banning ICO's as well. Are they really putting the ban hammer on bitcoin or they just want to established a tighter regulation surrounding it? I can't understand why they are suddenly making U-turn on bitcoin, do they consider it really a threat to their yen? This remains to be seen in the next weeks or so if the price will continue to go down or recover.

Exactly, though as big as their influence of the market, countries like Japan and South Korea or even Australia who have embrace bitcoin can take the reign from the Chinese. We already saw what the Japanese can do, they are crazy over bitcoin and don't mind to take it over from the Chinese, if they decided to go from bitcoin friendly, to anti-bitcoin country.

As for the price, it will dip, so the best thing to do is to buy in this situation so I guess its still a win-win for all of us. We will just have to see how deep the impact of their action to the bitcoin market. But for sure, bitcoin price will recover once again and going strong at the end of the year.

You are really unlucky if you still lost at 1.01 odd, and no need for me to be frustrated as well  Its part of the game, and accept the fact to accept your loses. I myself, have experienced to bet on that kind of odd and lost as well. I just shrug it off and look for the next game to bet on. We 'experienced' gamblers should now this. No matter what the tips is, if the criteria is not fulfilled then you are not going to win. Live another day, as a recall one gambler telling me about how to deal with losses. Forget it, and live for the next day to bet.

Its really hard to fathom what you are saying here. We all know for a fact that China is a big player in bitcoin ecosystem. If these chose to shuts it door, so be it. Definitely it will has a strong effect in the market and we have to endure it. However, I guess we can still recover from such devastation because there are countries like Japan and South Korea that will continue what China has left. Or we may see some countries that will take over in terms of mining bitcoin.

Me too. I usually gamble just to have some fun with my friends and family and I don't gamble if I'm too depressed or have personal issues because it won't help and you are going to gamble when your decision is clouded and you may even lose more, adding to your grief. Maybe boredom yes, specially at night when there is nothing to do and you just go online and play your favorite online dice game or even slot machine. Just to past the time, when you are alone and not yet sleepy. But to escape the your personal problem. No.

Yeah. And if you look at it, there timing it when the price of bitcoin is going strong which lead me to speculate that someone benefits from this FUD, specially the whalers from China. And not only one but twice in a week they created this FUD putting the price of bitcoin at their mercy. However, we have seen this and we will not be affected by it. Bitcoin has the full trust on may investors including a country. So the logically choice for most of us is to hodl and not panic at this trying times.

If you mean that we are out of the price correction after the Chinese declaring banning bitcoin, then I would say Yes, because the price has already recovered and trading in a average of $4600-$4700 already. However, if you are not comfortable in this times then do trading but just hodl on your coins. If you are new in trading, then you have a lot of lessons to learned in my opinion. Actually the price volatility what makes bitcoin attracting to most of the traders. So I advise if you are not comfortable because of the current price, then take a step back and just observe the price movement.

Wow. Del Potro is really playing this good in this tournament. I thought the Roger could easily beat him because Del Potro just came from a hard fought match against Thiem. But just like thay say, "the ball is round". However, I still think that Nadal can overcome Del Potro here. Eventhough he upsets Federer, we will ba facing another veteran, but if was able to get pass Nadal here, I'm sure he will get the chance to raise the trophy this year. But I'm betting on Nadal here.

I agree, this is more of a investing for long haul rather than day trading. Usually, day trading requires a lot of risk in the side of the trader because you have to monitor even the small price fluctuations to really profit otherwise you will be trap as well. So you have to thoroughly study the market before making your move. So its very tricky. However, "buy low sell high" is still the norm and have been followed by almost all of us, including me. Its just get complicated one you gain experience and look at the graphs like candlestick, stochastic ossilarator and other indicators as the OP has mentioned. If you don't like things to be very complicated on your end, just stick to the old adage of Buying low and selling high.

Of course they are not really interested in Bitcoin and any other crypto currency for that matter. They view it as a threat for their government and knowing how they control everything, this is no brainer. That is why I don't believed anything related to crypto that is coming out from Russia. It is always they have opposing views and totally contradicts what the other will say. Even having a mining farm is very doubtful because there was a news lately announcing that they are planning to put up out similar to China because they have a lot of extra supply of electricity. So this news is no surprise to me at all.

I think this is possible because we will see the next halving in the next 2-3 years if I'm not mistaken. So this will make bitcoin scarce and the supply will be cut in half. But the demand is even greater by that time. Here is the countdown:

http://www.bitcoinblockhalf.com/

So I speculate that we are really going to touch this price barring no such drama that will negatively impact the current market trend. So it makes sense to really hodl on our bitcoin and just wait for the next halving because the price might double or triple by that time.

Although the price has significantly drop in the last couple of days, it looks its own the way to recovery, just a few hours ago, I see the price ranging from $4100-$4200 but right now it has picked up to $43xx. The situation in China had made this price correction worsen, but knowing bitcoin, it has the capacity to return to its normal state and this maybe the beginning.


I hope new and rational irrational investors will go on buying spree and ordinary or casuals as well. Because once the price zoom again it will be very hard to buy once bitcoin has gain steam again. So its better to hold and buy back bitcoin at this low price.

As I see it, a rematch is really warranted specially for Horn. He really need to show us that he really win the first fight. However, Pacman needs to cancel it because we all know that he is a serving Senator. But I still do think that they will fight again. There is a rematch clause that Manny will exercise and Horn readily obliged. However, it is sad that it will not happen soon.

And as far as Manny being scared, are you kidding me? He has face the best of the best in every division he campaign and he beat most of them. So scared in not on Pacman's vocabulary. Please go check some of his fights when he is going up in weight division and go back here and tell the truth if he is afraid to face anyone in the ring. He even called out Mayweather for many years, if Floyd fought the version of Manny in the Cotto fight. It could be a different story.

Ok it make sense now, This is really a coordinate effort from the Big 3, and Japan will follow suit soon. I think since they have legalized bitcoin, will take some time to fully put a regulations. However, this news will really rip across the market as we have seen today. But as the situation will be clearer, we may see bitcoin recovered again. We are just caught by surprised by the news. However, it you look at the bright site, this is a welcoming news for investors and traders. You don't want to miss the train when it gain steam. So board now before you miss out. I will buy bitcoin again, once I got home from my daily schedule and hope that the price won't recover yet as soon I arrived home later.

As a result of too many ICO scam, the Chinese have decided to ban ICO as well. And this has trigger waves of panic selling right now, causing the price of every coin to drop fast including bitcoin and eth. Most impacted were the largest ICO tokens, with OmiseGo and Qtum declining from total market values of above $1 billion earlier this week to $781 million and $638 million today. Even USA and I read that South Korea as well releasing a announcement regarding scam ICO. The Chinese believes that that many ICOs are just "wearing a vest of legitimacy," while in essence, they are illegal fundraising. In short it is a scam. Its gonna be a long day for most of us in the crypto and seeing the market going in red, its a bloodbath Monday.

I only have tried once to play slots in an online casino and damn .01BTC was gone in a few minutes. I was very unlucky then that I won't play online slots again. Never. But its the other way around in a landbased casino. I have won numerous times in a slot machine, and even with just a small bankroll, I almost have the feeling that I will get the bonus spin and won big. That's why I still try to play a few times in a landbased whenever we go to a casino. But sometimes I don't have the excitement anymore unlike before and just play card games like baccarat or blackjack.

LOL. I don't believe that someone can really influence the outcome of a game in your favor.  Gambling is really based on luck and no outside forces that change the outcome lets say of a dice roll. Its only in the movie that all this mystic or supernatural thing in gambling can happen. I consider this as a superstitions and we all that for a logical person to really think that his luck will change by just believing in it is wrong. Probably someone will really believe in those specially in third world or developing or even poor nation. But for far more advanced countries, Shaman and Superstitions has no place specially in gambling.

Woke up to check the price, its around $4,700-$4,800 from a high of almost touching $5000. Yes, I believed we have put a barrier now, which is $5000. We can understand that traders jumping on and pushing the sell button because the price is really that high. The price increase was so fast that one has to expect a correction will really happen. Its just a matter of time. However, its a healthy one so that others can join the party as well and stash bitcoin. But I do believe that we may really see that it will break this barrier as soon as new faces coming in.

I think Venezuelans are not just using bitcoin as store of wealth, but they are buying things outside of Venezuela using bitcoin because as what you have said they are in hyperinflation. The economic crisis in Venezuela is getting worst and worst everyday and its truly brilliant for the Venezuelans to survive in this crisis through bitcoin saying in buying. I guess that almost most of us here hope that the situation in Venezuela will recover because we don't want to see a beautiful country like them turn something like this.

Maybe the new investors are not just getting into the bitcoin market, but they are diversifying their portfolio and pouring cash into the Altcoin market as well?  ETH as well is almost $400 and might touch a new ATH if the trend continues. I really thinking that those stocks and gold guys are diversifying and getting into the crypto market now. Perhaps they really think that crypto are really a safe heaven for now and they are taking advantage of the situation for their benefits. Lets hope the trend continue, and if their is a correction, its gonna be minor and a healthy one.