Well this strategy actually work provided if the correction does not takes place for a big amount. Say you keep buying and prices keep falling then after certain point you wont have money when it has reached the low. So i generally buy once and then wait till the rise again starts to happen and then start buying back again.

Well the repercussions could be just way beyond China. Because other countries who are still in considering bitcoin to be legalized would rethink and can change their decision for or against bitcoin. Certainly JPM statement would also hurt the bitcoin and we know how badly the price had fallen and recovered well after that. How other countries look at it will needs to be looked upon.

Well this is actually a positive sign I would be treating because Bloomberg might have realized the potential of bitcoin has and its future. So they would have made the stance change considering the future and other related media houses reaction to bitcoin.

Yes you have heard is right but it is still in process and the committee is thinking as an alternate to bitcoin by using this block chain technology. So in case if it gets approved then I thin all other coins will get banned and only people will need to use is LakshmiCoin.

 

I do not buy this point when Chinese government has clearly started a ban on ICO and asking the exchanges to shut this means they are not in a favor of bitcoin. And now if people does buy bitcoin though there is no official ban as of now in China for people to buy coins but sooner or later I personally think this might come up so people would be cautious and will not buy coins.

Well they have some tricky method and which exists from long time even do not know that. But yes I know that say in second inning if the wickets are falling and then there is rainfall the score will get increased because of the less no of wickets in hand now.  But yes some times it becomes very difficult then had being there a regular match without rain interruption and vice versa.

I was reading an article where the CEO of JPM has warned their employees too that any one found trading in bitcoin will get removed form the organization. Now how come CEO decides that what in their personal life they trade or do not trade.  Generally it happens when you the organization itself holds the same share so you ban those things and want to check if they do not have inside information in such case does it means even JPM also holds bitcoin?

Yes trading requires you to have a good knowledge about lot of thing like economics, Technical and Analytical . While in gambling majority of games can be played by any of them and only you require is a luck but that is not the case in Trading. Any one can do gambling but not everyone can trade if you do not have proper skills to get return.

OP - I would suggest if you are looking for payment in btc then create a thread which mentions the following details :-

 - Prior Experience if any
 - No of hours you can work per day
 - Any extra skills if you do pisses this can help in getting other work too which may or may not be related to data entry.

This will give more information about you to the other people and if they find any relevant thing you may get work accordingly.

Yes there are only few people left mining this in our country now because of some of the reason like electricity costs is very high. If you have your own space then its fine else rentals may kill you where electricity is 24 hours available. Plus the cost of rigs are expensive and above all ROI is a long period wait due to which buying directly is beneficial.

Why do you have a red trust already as you are just a Junior member now and within such a short span of time people have distrust you . Also I am little skeptical because as you already have Zcash so why don't you convert  to btc and use it for your purpose or sell your Zcash and get bc against it from forum?

I actually had thought this only what could be the China next step as they have already banned ICO. Will they only limit this as they raise the money from public while trading and mining does not raise the money as such so will it continue to happen the same way or will they even put a ban on this is the query which still exits.

I hope so that ETH firstly cross 500$ because if BTC again falls, ETH will fall again and vice versa. So for ETH to rise, btc prices have to make a upwards shift. Also ETH in long term is a good investment coin but considering this year end ETH making 1000$ does not seem to be possible atleast for me.

Well this is very subjective question because it will depend upon your risk appetite. If you can take risk then at present you would have seen that even you had purchased btc before the prices fell below 3k . So normally people have panic and sold off but if you had risk capacity then you could have hold and now its back above 3800$.
 

Yes the panic was created as it was misinterpreted that govt of China is banning exchanges. They have certainly banned ICO but not exchanges which is considered a positive signal and due to which market have starting to rise back again and cross 3800$ almost a rise of 850$ from yesterday.

So all those bullish traders have made good amount of money on this rise.

Bitcointalk username: glowing10
Rank: Member
Current post count: 174
BTC address: 14vsJFgGcK875UJu8KmU8GGGnv6m41PpwC

Currently there are not much campaign running for Junior Members. Once you become Member and above the door opens little more as you move towards higher rank. You can try for campaigns which are paying in altcoins because they do accept juniors there. But signature campaign paying in btc are very few and may not even accept if their slots are full.

If you have not made any purchase yet of bitcoin, I would suggest to hold on considering the market is really very choppy at the moment. Its  a free fall for now due to huge impact of China's ban on exchanges. This would be further bleed the market and may even fall to 2500$ in coming time. So wait till that time.

For now yes you can stop buying it because market is reacting in a negative way after the Exchange in China have started to shutdown. This would be a signal that other countries may soon follow it and thus the prices are going to slash in a big way in coming time.

I too have started to believe now that investment at this time needs to be avoided. It seems that overall there will be a negative impact after CEO of JPM have started that bitcoin is a fraud. Least we can expect now is that some other country do not ban bitcoin else might be bitcoin will fall drastically in coming days itself.