Joined Social Media Bounty, Good luck team!

This week was a turbulent one for the crypto markets, with the total cryptocurrency market cap shedding $20 billion amid Chinese regulatory uncertainty. The bitcoin price ended the week with an 8% decline, while the ethereum price posted a double-digit dip. Leading into Saturday, 96 of the top 100 cryptocurrencies experienced single-day retreats, although the past hour shows signs of a possible recovery.

Source: https://www.cryptocoinsnews.com/ethereum-bitcoin-prices-lead-20-billion-slump-amid-chinese-regulatory-turbulence/

Bitcoin price is finding it hard to stay above $4200-4100 against the US Dollar. More declines towards $3900 is likely in BTC/USD in the near term.

Key Points
1. Bitcoin price is struggling to remain above the $4100 support area against the US Dollar.
2. There is a key bullish trend line with support at $4150 forming on the 4-hours chart of BTC/USD (data feed from SimpleFX).
3. The pair is heading towards the trend line support at $4150 and might attempt a downside break.

Bitcoin Price Crucial Support
There were a couple of swing moves in Bitcoin price towards $4500 against the US Dollar this past week. The price declined on a couple of occasions, but the $4000-4100 support area held the downside. The price recently recovered from the $4018 low. It traded above the 50% Fib retracement level of the last decline from the $4966 high to $4018 low. It even moved above the $4500 level and the 100 simple moving average (H4).

However, the upside move faced sellers near $4650. Buyers failed to place the price above the 61.8% Fib retracement level of the last decline from the $4966 high to $4018 low. The price moved down and traded below the $4500 support and the 100 simple moving average (H4). On the downside, there is a key bullish trend line with support at $4150 forming on the 4-hours chart of BTC/USD.

Source: http://www.newsbtc.com/2017/09/10/bitcoin-price-weekly-analysis-btcusd-breakdown/

For a beginner you must start with Signature campaign, then if you raised enough bitcoins you may go for cloud mining. With cloud mining plus signature campaign, you should have two steady sources of bitcoin and with that you can start trading alts which is the best part! Trading cryptocurrency tend to give more profits compare to any other form of earning bitcoins.

The best bitcoin wallet that I like the most is Xapo!
The user interface is looking very nice and user friendly.
Xapo has 2FA security protocol to help secure bitcoins more safer.

I see bitcoin as a revolution and freedom!
So, why not accept it as a salary for my regular job.
People don't understand bitcoins that is why there are afraid of it.
I love bitcoins and I believe in it that is why I will accept it for my salary! 

China is the biggest country that adopts cryptocurrency.
So many things are uncleared now, if China completely banned bitcoin then the valu will drop more.
If China manage to regulate the crytocurrency exchanges, that mayalso reduce the value of bitcoin.
Based on my own analysis it good idea to sell now before everything drops down more.
You may buy later when everything is looking good in the market. This is for safety precautions!

Offline wallets are the best and most secure wallets.
With offline wallet you can save your private keys safe away from prying eyes.
With offline wallet all your bitcoins or altcoins are 100% safe from hacks or government seizure.
As you know nothing is 100% safe online because of government and hackers as well.

Was just like you, I started in early 2013 and left after the "Silk Road" seizure when the bitcoin value went to hell.
The time I left the bitcoin I sold all my bitcoins thinking that is the end for bitcoin, but I was wrong! Now am back trying to make a decent living with bitcoin.
Hang in there, put yourself together, and take some time to watch videos for bitcoin success story on YouTube that will be enough to get your motivation back.

Yes, bitcoin is going to become very, very valuable in years to come.
If you save enough bitcoins at this time and manage to save them for like the next 20 years you are going to a millionaire.
And when your children grow up they would never have to hustle the way we do because by then you might have built an empire for them.

My bitcoin dream is to raise enough BTCBTCBTC that will pay for my school fees for course that I want to study - software engineering.
No single school in my country that teaches software engineering and I have no father to pay for my school abroad, buy food and accommodation.
So, I have to work for myself and my dreams as well, that's life for me everyday. Hoping to raised enough bitcoins that will pay all my school fees someday.

After the recent ban of ICOs in China, now Chinese government is making a move to stop all major bitcoin exchanges in the country.

Regulators in China are said to be considering a move to close all domestic bitcoin and cryptocurrency exchanges.

Source: CoinDesk | https://www.coindesk.com/report-casts-doubt-future-chinas-bitcoin-exchanges/

Do you think China's action will slow down bitcoin market for long time?

Share with us what you think... thanks!

Hi Sylon,

Here we meet again.

Just joined the twitter bounty campaign now.

Thank you for posting the awesome bounties for us.

Best regards,
cybersofts

Well, bitcoin still have long way to go for reaching $10k.
Bitcoin value is yet to break $5k! Perhaps, it may reach $10k by December next year.

Speculation is both good and bad, there is no easy way to say this but that is the truth my friends.
Speculation sometimes help pump the price of certain coin when people hear some great news about that very coin.
In the other hand, speculation may also be used to create "Fake New" to destroy or dump certain coin by competitors or big whales.

There is no way to control speculations because people are in control of their thoughts.
People can say what they want either good or bad about certain coin, so it's completely up to them to speak their mind.

Bank interest is a joke! Bitcoin profits is more interesting!
Banks will do business with your money without knowing how much profit they make and later gives you a very small percentage.
While if you buy bitcoin you are in control of your bitcoin trading or lending where you may get huge profits, you may in fact double your money in few months.
 

This guy is so funny!

So thanks anyway.  

No. Bitcoin became popular because people are making profit over it.
In the recent years when the value of bitcoin is so small no one has interest in it.
But when the value of bitcoin started growing to $400 then bitcoin started catching up people's attention.
Look even now when the value of bitcoin reaches the most highest peak which is $4800, Bitcoin catches the attention of more people.

In time my friend all our dreams would be true! Bitcoin value will continue to increase as more people are investing into it. My advice here is you should continue to hold your bitcoins for sometime. Based on market analysis bitcoin value will soon reach $20k to $30k in years to come in the future. I think if you are able to hold your bitcoins very well, one single bitcoin will be able to buy you new house in years to come.