There is a good potential for the future and upwards movement but I doubt it is anything soon. I know we need to at least wait until this SEC decision thing happens, it has been waited forever and it keeps getting delayed and delayed all the time and until that is decided I don't think we are going to have any major movement. The price could be moving one way or another in small numbers and it may even keep falling lower but until the SEC is decided it will not be doing anything huge.

We just had some bad couple of weeks, from Craig selling his coins to bakkt getting delayed and now SEC delaying theirs it just keeps getting worse and worse, eventually bad news will run out and good news will start to come. When a bad thing happens in crypto it is always back to back but fortunately when a good thing happens that's back to back too and the price moves either side very sharply.

They change constantly, websites don't really sell bitcoin to you, not generally, there are some of them but they are rare and not liked by many people. Generally speaking exchanges are places where you exchange your coins with others not with the website directly. Hence that creates a situation where sometimes one website is cheaper, sometimes the other website is cheaper.

That is why there is no website that is constantly under pricing any other website because they can't really change the prices themselves. If you asked the exchange owners they would prefer to be the cheapest exchange out there since that would bring in more volume and trade fee's for them but if you are too low for a while, people who do arbitrage will close that gap rather quickly and you will be back on track.

I think it is easy to make money during bull no matter how novice you are in trading. Just get any coin and you will be profiting like madmen. Last year when the price was soaring like crazy there was a lot of people who didn't even know they had so much of something.

A friend of mine had like 5 thousand ripples that he forgot, he had them years ago and he called me up to ask how he could get them back, we figured out where he put them in but that just shows how easy it is to make money during a bull run.

However during a bear run it is highly unlikely that anyone could make a decent return, maybe there are some whales who can make money thanks to shorting bitcoin and actually selling bitcoin to drop the price but that's a stretch and not an easy think to do right now.

From the past, how Ccryptocurrency space have moved forward till the position right now we are having, only those brave people are enjoying big profits. I agree that HODL is only for brave people. Because most of the people are getting panic and making wrong decisions whenever they see some dips in market conditions. Those who are preferring to hold will never get panic. We all know who will get panic and you will not get.

Definitely market will bounce back from this current situation and then we will get our rewards for the decisions we had made to continue our holding. Only if we are holding we will be getting some chances to enjoy some big rewards. If we sell out right now then it is very much similar to quitting the crypto world completely. Once we quit how we can get chances to enjoy those big rewards ? So, we must hold in this hard time too.

Who are all capitalist ? Those crypto whales ?
I am first time hearing such a word in this community. 2017 must be the year of cryptocurrency, till now 2017 was the peak time for most of the crypto currencies. But, you are calling it was the period of not healthy. I really could not get what you are referring.

Chasing down the past things is always good so that we can make use of such experience in our future encounter. Analyzing the past is always good to gain more knowledge about the future and current things. Except the past events, what are the things left to analyze with respect to one market ? I guess nothing will be left if you leave off the past for an trading environment.

When one big huge sale happens that type of extraordinary stuff happens in all exchanges. It is not a binance thing, there was once a time when someone sold a lot of ethereum and it dropped the price to just couple cents for a quick second and it shot right back up when the order was filled. That type of thing always happens once in a while, it is not a problem with binance or it is not a problem with their system.

It is just a huge whale selling a lot of bitcoin for whatever price they can just to get out and that causes the price to drop significantly all of a sudden but when their order is filled and completed the price goes back to what it was and that takes only a single second or so and doesn't continue for a long time. Hence there is no need to worry about those things and just hope you catch one of those one day.

I am really hopeful about it because it really doesn't look like it will stop anytime soon and we are only at the beginnings of it. Right now you see the increases and decreases and that's all you care about however you are missing out on the fact that we are just starting get securities for bitcoin, the ETF and all that is just starting out.

Bitcoin will be a force for years to come because it is only starting out to be a decent commodity in the markets and that's just USA, I am sure there will be a lot of other countries that will start doing the same thing in couple of years after USA. USA not only started as one of the earliest countries to regulate bitcoin but also starting this out so it will take a bit of time before other countries reach to that stage but we can clearly see that Bitcoin is not going anywhere anytime soon.

Everyone is making the same old joke on every single black friday. Just as the price falls a bit for friday or just goes down a bit during christmas and everyone is like "hey its black friday deal for bitcoin" or "hey its christmas gift from bitcoin" and all those same similar jokes every single year.

Get used to this because there is a huge correlation between the two. Price falls because there is black friday, the price can't stand those days because people sell their coins to get great deals from black friday places and price will always fall.

Since that always happens people will always make the same old joke for the next 100 years (or whenever bitcoin or black friday ends) which is why there is a big correlation between the two. I think we should stop focusin on jokes but start focusing on causes and how to prevent it. My vote is to have huge black friday deals that could be attained with bitcoin in order to rise the buyer numbers as well.

It is not any greener than what it used to be. Just because whales stopped selling their coins for now don't be fooled by the fact that it looks green for now. Hash war is not exactly over and Craig is still trying to make bitcoin cash satoshis vision coin relevant. He is selling his bitcoins in order to buy his coin while making it look green and when everything in the market falls in price and his coin goes up everyone knows he will fuel that coin to higher price and others will follow by selling their coins and buying his coin which will help him as well. All of this will cause the price to keep going down for another while. Market is still in danger and not going anywhere up soon, maybe a bit of course (I wouldn't be shocked as high as 5 thousand dollars) but it won't be sustainable thing for now. We need the market to correct itself with high volumes first in order to get excited about it.

Normally that is what a bank is. A bank is the company that helps you get a loan if you need it, it is a bank that gives you more money for your money (savings account), it is a company that helps you store your money and use a card instead of carrying all your money.

If you look at how banks should be working in reality you will see that a bank is the greatest help any person can have financially. They are really built to be the financial help anyone could ask for. However banks in these days are more ruthless and cunning and trying to make a buck from everything since they have millions of customers, a bank that can screw their customers 1 dollar would profit in millions.

Also they now have shareholders who buy their shares and expect them to outperform themselves every quarter and that makes it harder for them so they try their best to profit while screwing us in order to profit.

I am not too sure if it will be fine from now. Bitcoin is not something that can stay put for too long without some hectic thing going on. I know that Craig stopped selling his coins FOR NOW but can you say he stopped for good ? What happens when he keeps on selling until bitcoin price goes down to 1000 dollars per bitcoin like he said previously ? Can we guarantee that he won't do that ? Or maybe someone else will do something like that ? We have no idea what will happen next, there has always been some bad news that took bitcoin by the horns and pulled it downwards.

I know if everything goes alright and nothing hectic ever happens bitcoin will be a high priced equity but I am not too sure about being so normal. I think we need to see some increases in price before we feel like we are out of the woods.

I think what the original poster meant to ask is that maybe the market will fall even further? Maybe it will go down to $2 k price range like how everyone has been talking about, maybe $3k is closer than what we all think ? I mean would you be expecting 4 thousand dollars just couple weeks ago ? Not really none of us expected that. Hence, I think the main question was leaning towards "should I sell all I have in order to not get burned when bitcoin drops any further or do you think I should hold my coins hoping price will go up".

It is not any different than millions of people are asking each other whenever the topic is bitcoin, "will it go up or will it go down". Simple question however asked a bit differently here. I think price will go up but not right away so you better hold and wait for a bit.

Why would it be just those two options? Does it have to be the king or become irrelevant, is the drop looking that bad for the future ? I mean maybe one day bitcoin and crypto all will prevail from this awful bear year and it all goes up however ethereum goes up higher and takes the number one spot from bitcoin ?

Bitcoin would become say 30 thousand dollars while ethereum is 20 thousand dollars (higher marketcap because of the volume), that doesn't mean bitcoin is irrelevant at all, that means bitcoin is still amazing and doing very well but people would decide that ethereum is just much better and become the king. There are a lot of in between areas for bitcoin to be in aside from king or bust, it can be 10th biggest coin one day, that wouldn't make it irrelevant neither.

Honestly I do not think there are any newbies getting into bitcoin right around these days. The only people left are the old veterans once again hoping to see newbies coming in like how it happened last year because right now the price has been on the downfall for the past whole year and that is why no newbie is strong willed enough to get in and stay through all these horrible days and most probably they will leave.

One of my close friends business partner wanted to get into bitcoin after he heard that bitcoin was 20 thousand dollars and he spend a good chunk of money to buy some and he literally cashed out as soon as it hit 10 thousand dollars, got back only half of his investment and stopped caring about bitcoin totally. Those are the newbies we had, we don't have any left after a bear YEAR.

I am also believing the bottom has already arrived. We can be sure about trend change hereafter. But, we need more confirmations to occur in order to make new positions. Please do not rush to buy right now. Waiting for more confirmations to occur will be the good idea for assuming the bottom has already in.

For the worst case we may get price lower than $3500 but definitely not lower than $3000. Hence, buying right now and holding for some months will enable  anyone to get profits from this volatile market.

There are literally only 2 things anyone can do in this market. Well technically three if you have money. If you do not have any money left the two options are either sell your coins with the hopes that it will drop even further and you can rebuy a lot more after it dropped (think of the amounts you would have if you sold at 6.5 thousand and rebought right now) and risk the fact that it may go up after you sell and you can miss out.

However if you have a lot of money, you can just buy from each dip, it doesn't matter if it goes down to 100 dollars if you have money since you can buy more and more. It is difficult to be that much relaxed when all of your money is invested in stuff that dropped significantly so the rich folk who has enough money to reinvest are much more relaxed right now.

Everything is "illegal" in saudi arabia until king says its not. It is not a "muslim" country, it is a king country and the king controls even the religion itself. If he wakes up tomorrow and says "bitcoin is halal" , you will see a billion dollars in the market at the same day, probably more. Hence don't worry about what he thinks now, try to change is viewpoint for the future.

For example united arab emirates started to make it easier for people to do crypto investments in their country and started to even give some tax breaks to crypto companies so they can get there and pay taxes there, their reason basically wasn't to make their own people establish crypto companies but to attract already existing crypto companies. Which is working since Coinbase is considering starting one there one day.

Well. Let's see how far that is going to get played out eventually. One thing they cannot understand is that they can fool many people at a time, but they cannot fool all the people every time. Time will come when they will taste a pinch of their own failure in the end.

I know the goal is to destroy bitcoin, but there is absolutely a lot they can do now, and all they can basically do at this point, is to just give some of us the chance to buy lower. Time will basically come when they will realize they have lost it and there is nothing more they can do than petting their own shit coin. Talking about CW and RV.

Right mate! Personally for me, I would not even bat an eyelid when it comes to letting banks have a full control of my funds. It is obvious banks feel threatened, but rather than keep feeling threatened, they are trying to see if they can manage to find a way in which they can still be the one in control, otherwise it does not make sense why they would rather prefer to want to be storing private keys of people.

Why would I ever want to trust banks to that extent, knowing the level at which they have played when it comes to not ever catering for the masses but just for their own pockets.

And the obvious answer for anyone will always be bitcoin. I cannot remember who said this in one of the financial experts. He said if you are to be holding anything right now, it should be bitcoin and at least, you should make sure you are holding at least 1 bitcoin before you can decide to start getting into any shit coin of your choice.

I see most altcoins as just distractions and that is as a result of people thinking there is no more hope for them in bitcoin and they are looking for the best chance of getting rich quick with some altcoins, I basically would love to see how that ends up for them. As far as I am concerned, it is bitcoin all the way!