I started to believe that we may hit even lower than $6000. There are so may bad news on public and many public figures (intentional or not) started to talk against bitcoin. Its very sad that humanity rejects this gift that could truly work for our financial freedom.
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I think we should truly support legit altcoins. Bitcoin was something very unique when it first came out on public. But over time many altcoins were released and some of them have very great usage. Supporting these coins is good for ecosystem.
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I think there are only 2 options, you just take your profit and go away, drink coffee, have fun spending it and return back later OR, Just wait for next pump to happen, as it will surely happen in 6 months maximum. It may be painful to watch your folio burn but patience always gets you profits.
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It is %100 better to be patient when you are trading bitcoin against fiat or altcoins. You may be caught off guard cause its never truly sure when bulls (or bears) come to rule markets or not. Even crashes should not panic you.
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I remember people asking as if bitcoin may survive in 10 years and I was answering like "probably?" But 100 years is too long. I think bitcoin may evolve to something even bigger or drop dead in 100 years.
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Its sad truth that bitcoin still didn't reach yet regulated markets level. Its still somewhat controllable by elite riches, or even wall street bankers with futures. We need bigger market cap to block this and crypto is still young for it.
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People involved in bitcoin for the first time around these weeks are very lucky as we will probably never see these prices in 6 months. Its very good time to invest in bitcoin so, price may drop a bit more but it will climb yet again.
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I think whole coins maybe except ethereum became buyable yet again after all these dumps. I wish I had more money in bank account throw into altcoins as neo, omg, litecoin, monero... all seem delicious..
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I have fears about all these rumors around etherdelta and forkdelta. I remember when etherdelta was hacked, or became nearly dead for a week. So its better to prefer using exchange like idex as its more legit.
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I still have great expectation about later 2018 and we will see ATH in 2018 once more. Bull market will be more strong than ever in 2018 or 19 cause bear market was bigger than correction. Altcoins will not die btw.
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I panicked and near to sell everything to fiat but I remember past bear markets and how I regretted after dumping my bitcoin and even altcoins. I am now sitting at %50 or maybe even bigger loss but I don't mind, its nature of bitcoin.
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I think mt gox dumps aren't enough to kill bitcoin fuel. So I still see next stop as $10000 a bitcoin. We will return back to last month. Anyways lightning network is really needed now to fully speculate higher on btc price.
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This is possibly one of the dumbest ideas I have ever seen. Dumping coins in this big batches is also making him lose money. What was he thinking? (if its true). And yeah sadly we are truly in bear market now which will be very hard to recover.
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I think bitcoin aged quite well in this nearly 9-10 years. It is hard for me to call it baby anymore. But blockchain technology developments are babies right now. Silicon valley will take care and develop.
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It is regular and usual thing that local coin prices are bit higher. It is generally about that country's demand and supply + regulation and hardship to obtain coins. In Turkish exchanges coin prices are higher too.
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If you are asking for coin amounts, I still have 6-7 coins in my portfolio holding them tight. But if you are asking about their worth its probably now 1,5/4 of 3 months past. But I am still confident and holding coins.
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I think it wasn't that good as its basically loss of trust just hit the markets, furthermore it only fills the pockets of greedy people which makes markets more unstable. I am not that optimistic about it.
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Cause many economist are very skeptical about everything in market. Reading economy is no better than guessing future weather so I don't suggest you to believe media. Bitcoin is coming harder than ever.
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As far as I know there are some specific income taxes on bitcoin at some countries like South Korea and United States etc, Otherwise you dont need to pay single dime as tax cause many countries don't recognize bitcoin as currency still.
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Its pretty much normal as many big investors lost more than half of their investments so they are open to manipulations. I want to remind you the fact only patient people will win in markets. Reds are temporary.
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