That is just the dumb logic of haters. It's like they see us one of the criminals who uses bitcoin for drug dealings and other stuff. When all along,  if they think smartly enough, these criminals can't be stopped on doing what they want to do even the government removed bitcoin out of their options.

Just make a deal with a people who buys bitcoin by using escrow. There are so many ways to make a solution for this. Indians can even find members here in this forum who has a high positive rating so they can receive their fiat anywhere like in Paypal.

Steam which is the largest digital gaming store have done that too but it was just nothing. It's just the other bad news where these companies joined the hype back in December and now that bitcoin is down, they removed it completely.

We are now heading towards the month of August and though we are going stable, I still don't see any sign that the same thing will happen last year. I also hope August or September will be the start but the reality is that the interest in crypto has declined so much which is biggest factor needed to make a strong bull run.

Everyone has only two options: Invest again or not. And the only option that you need to choose between those two to recover your losses is to invest again. But this time, you need to very careful and b very smart. I also suggest that allocate a lot in altcoins to make your chances of not just recovering your losses but also for the abundant profit.

Op said that fiat has value because it is recognized by the law but then he questioned bitcoin having value. So fiat is actually worthless if the law does not recognized it and it's just basically a paper that anyone can make. Fiat has much more flaws than btc so reaserach first before bragging.

Crimes in these past years have evolved and they now operate online so we can see them using virtual currencies to their advantage. And that is where the government is there to prevent it from happening. We don't want people think that making money illegally online is easy and a thing that anyone can slip away.

Bitcoin is already on its 10th year and I have never seen a project that has accused of being a bubble to last this long. If this is a scam, then bitcoin should have been gone in 2-3 years of existence. There's no bubble in here but only unlimited potential.

That is totally true. Anyone who do money laundering will still get caught and time can only tell when. People who live in this kind of lifestyle will just up end jail because they eventuallyd won't stop on what they are doing so there is a very high chance that one day they will get exposed and also with their others crimes they have done in the past.

I know that it takes courage to invest in bitcoin but it does not necessarily mean that they are coward if they are holding back. There are many reasons behind it. The most common thing is the money that they are going to use could their life or family savings and if they messed up then their lives are over so it is unfair to call them cowards because they are just being careful.

Chinese investors really has the most money in this world. I don't think he consider it as his losses because bitcoin is still here. He could still get the money 3x than he invested in just a  span of two years. I just feel that this guy's money came from an illegal business so maybe he does not really care at all.

No, but I was tempted though. I was really going to convert my altcoins so I can buy much more bitcoin. But I remembered that I should control my greed and I reminded myself that I have so much profit in altcoins already and that moment I made the best decision.

It's okay if the koreans declared it as an asset because bitcoin is really not suitable to be used in day to day transactions. I don't really mind also if other countries followed it because there are so many altcoins out there who can fit the description that can be used as a currencies.

Ukraine is a progressive country so I'm glad that they saw the true potential of blockchain. Despite all the other countries showing it's hate on crypto and ban, we still have allies out there like Ukraine that could help change their minds or to check and study it again.

There are just times that it does not make me sleep. My source of funds are still on crypto because I'm still struggling with my online business so I'm always praying that God would let me make money on my business first so I can still support myself even the crypto market is experiencing the worst.

No, it is too impossible judging by the market's poor condition. I even thought the Facebook reverse ban would bring positivity and confidence around but it still did not change anything. The struggle this year is really tough that bitcoin can't even pull a $10k for days.

We always have a bigger chance of a bull run on the last quarter of a year so we can still see this happen. I'm assuming that maybe it will start on October and November or at least our last hope which is December where all the money are spreading around and just waiting to be used.

Bitcoin has a special trait. Whenever people expect a more decrease in price after another, it opposes that prediction and go up. When people are convinced it's going to go straight ahead to the worst bottom, it  get backed up to a fine price or where it was previously. 

I'm pretty sure that the last $5k mark crash id going to be the last of it. It bounces back easily and a few more months, we could see bitcoin going unstoppable on the last quarter. I'll be honest that I panicked a little and I'm sure some of you did too.

Yup, and it was a relief seeing it go back to $6k mark after dropping to $5800. Bitcoin are still on the process of recovering but it's kind of back and forth. It goes down then a recovery happens again. Those annoying whales must be busy shorting it.