Great we are in march month and still bitcoin is above 5000 USD. I am sure op might have gotten answer for his question. He asked the question in February month so I am pretty sure that it was valid for the February month only. Lolz. 

Adding to this I would like to say that we do not have any idea about it whether the bitcoin will undervalue itself today, tomorrow or next month. Such topics diverge us from our investment and then make it wrong way. People start worrying about it and treat it as the FUD stuff. Lets spread the positive word and ask when the prices will be back on line. Please dont respond by saying we cant predict as I know that already. @OP you can really lock down this thread as its growing abnormally big. 

Indeed he is talking about FUD. The 1K drop has left far behind now and we will not see such lows real soon unless and until global extinction for the bitcoin happens. Which is not gonna happen at leats in our life time bro! I am sure that we will see many threads coming like this out of fear and with no conclusive proof behind the theory. For the bitcoin to reach 1K it will need to dump another 100 billion dollars quickly and that wont happen as this much amount is already backed up by many whales and well, Satoshi is holding 6% of the total supply thus making it far difficult now to reach to that level..

Indeed. There is no way we can consider this one as employed money. This is not circulating from any organisation to their employee neither they are getting it circulated with legal entities like banks. This got to do nothing with the taxation process as it doesn't even count over the swift codes! 
The money that flows in the legal institute for example comes form the products and services and share of which is circulated around the organisation. At every stage the taxes are paid back to government and thus it allows to do the business. In case of coins, they are already their, there is no input or output fro the same. Its just meaningless and have no proper procedure to follow up. Just pour the money in and get more out of it but without any output ! That is not employment and neither it is taxed one. So obviously government will be obsessed with the whole idea.

Its true that with the financial year everyone has to get rid of their taxes and then have to start with new luck, investment, and everyone needs time to think on "Where to this time"!

I have one understanding from the cryptocurrency :

Whales might be the one who never cash out more than taxable amount per year unless and until they are investing it somewhere to cut the taxes free.
If they are not doing that then these are the people who are not selling their coins, thus need no time to get back to the bitcoin.

What we talking about is, about those people who made huge cash outs, or who are new people who would love to join the crypto after they clear the taxes.

Thing is, the process is slow! We might not just see very sudden moves right after the 17th April!! There will huge time gap until we see everything rising up.

Indeed its hardly predictable that whether the ICO will be scam or not. Initially we might get represented with the biggest model ever built but in the long run things could turn upside down really. In 2017 things were completely different as new ideas were actually new one! In this year what we see is same idea put forth in different way and thus making it look like the different project. But that doesn't work anymore and people also know that. This decreases the credibility fo the ICO in later stages and thus we see major drops in the prices. If that continues then it could drop idea of the project and if it recovers then it could get up the project to al new heights really.

Come on that cant be true at all. How could you be so sure just by looking at the graphs of golds and silver and then comparing them with the crypto currency charts. I mean it means nothing at all. For us to make this comparison we will need huge data evidences about what was the situation back then when the china was dumping the gold then whether the country was facing any crisis or was there any major global issue with gold prices and much more. By no means china dumped gold and bought the crypto. Also we are talking about the country here not just single person. This is just coming out of your head with coincidental events that happened back in the time.

I tried searching the story but doesn't seem to be online anywhere. Or could be missing out pages. Anyway whether its true or not the lesson from this story is real simple, dont trust anyone whether its your family member or somebody else. I mean as long as they are on the mutual understanding then there is no way we can make deal with them. If they are then we are good to go. I have a brother but we are working perfectly on the same page and there is no worries about how we trade, share the money that we want and whenever want. I mean we have so much trust that we do keep track of our funds with each others private keys. But this story really suck and may its all about the girls who are greedy about the money. No offence to any lady here.

I dont really do that extensive research while making the trading and neither I follow anyone specifically. What I have done is just to make the research on coins market by taking the insights from the ANN thread, news update from the telegram groups and just keeping it straight while making the trades. Dont know why but whenever I am making any kind of trades and if any news is stuck in my mind just because of some youtuber then it could destroy my trade due to nausea about what that youtuber said. I mean dont know how to put it up front but sometimes it disturbs my trade. Its far better to do it on my own. Thats all about the personal choice and would love to have it on my own.

If they act that way then they will call for their own destruction and nothing else. I mean people will never trust this operation and we could end up compromising everything. Both bitcoin existence and the mining operations. The bitcoin existence will be in hands of these manufacturer as they will be controlling it. But have you considered about the scenario where if people understand that they are being controlled then they could just plug out the miners and leave the manufacturer unconnected.  

However, on serious front I dont think that any manufacturer will do any ridiculous thing like this. If its all about the money then they have already filled up their Swiss accounts and they dont need anymore.  

I am up with the NEO and LTC. Its obvious that these coins has been following the trends of ETH all the way long. Many times people also called it as next ETH and fortunately people were recognising both these coins as next ETH. With that said the popularity of these coins increased dramatically and thus they achieved great heights. Now also many people believe in them and I would always like to follow the crowd. Because in the crypto the more the number of investors the more is the hikes for the coin that is getting invested. 

So from my side I am voting the NEO and LTC. Also we are diving right now and that means it is good chance to to buy them over the ETH.

Indeed the market is bitchy if we give ourself to it and in harsh words it can rip off the soul out of our life. If you have to stay on the top then you have to learn to say NO in the first place. If you are going to say yes, and if you want to say that when the situation is worst in the market then its like donating our wealth to other big investors for example, the whales.


Believe me that is the worst thing we can do to ourselves and kill the fun out of it by checking the prices again and again. It could drive our adrenaline crazy and we might end up in panic situation. So better to hold our bulls here.

In my region we have best solution for this one. The financial support that we get from it is almost free but it works completely on the mutual understanding and trust. With that said people who are very very trusted will gather together. Fro example, close friend, family members etc. There will be at least 20 members in this scheme. The scheme started at first date of every month where the names of every member involved into the scheme are written on cheats and then one by one the names are explored. These are written down in the same manner as they were picked and explored.

The terms are decided like this:

Amount will be declared for the schemes: For example : $ 10,000 (USD is not my currency but for better understanding keeping it that way)

Rules:

Each member will pay monthly instalment as per the norms. If the scheme is in 20 member then it will run for 20 months. Each month every person will pay $500 as instalment. The owner of the scheme will collect this money and will give it to the person whose number is 1st in the list.

Thus there will be no extra charge, no interest rate on this but you just get the money with mutual understanding. This way every 20 member get their turn one by one after each month for the next 20 months.

What you have to pay is just 500 bucks and you can get the 10,000 USD right away and can reduce the debts and its interest immediately. This is great help for you.

TRY IT IN YOUR LOCALITY YOU WILL SEE GOOD RESULTS.

I use it basically over the smart phone application :

The steps were simple for it to set up:

When I started it for the first time then it prompted me give application New Password. After setting up the password you will have option to create new account, either existing one or from the seed or private key. The I generated my private key from the bitcoinaddress website. Once you put the Private Key in then it will ask you to give the wallet a name. You can create as many wallets as you want in such fashion by just putting different private keys.

Well he is not wrong either and saying that in the philosophical way! I mean look at his statement it does look like a philosophy to me. And somehow I also belive that it affect the whole process of valuation in the crypto currencies. Apart from this the real valuation process starts with our real pockets from where we send our fiat to the decentralised exchangers and then digital blocks equivalent in price are allowed to us. These are nothing but our bits/satoshi's and bitcoins itself. Though they are in digital form, have no physical existence then also they are getting the value for it because we are adding money into it and the value of money is surpassed to the coins. Thats the influx and otfrux of values.

ICO will never make that mistake of selling the ETH which is their real funding source. Selling the coins at such prices will be their huge loss and they wont be able to payback their customers too. Also they are obviously one step forward in planning their roadmaps and they might be storing them in different assets and see might be cashing out in the fiat too. Thats safe for them and for the investors like us. Moreover they trust the system too and might just wait for over year to see how the prices bounce back. But in the broad sense I dont thin they need to care much about the prices as the projects do take years to complete and thus meanwhile they can take the opportunity of spiked prices too.

Considering the fact that you want to earn profits in the future I would say both of them are good deal. With the current event of down trend I am sure both of them really really cheap and grabbing them in this period is far better deal than anything. I mean imagine both the coins are currently 5-10X down and everyone knows that the upsurge of these coins is definitive considering their recovery in the time to come along with the bitcoin as follower coin for them. So it will be wise if you invest today and if you handsome money in hand then I will choose XRP as major share and then the IOTA. However both of them can be invested.

I understand what you want say here but things doesn't work like that. If government wanted to have some share of profit then they could have made the changes already. However, in the long run they know that people's choice is what matters a lot when we consider about the decentralised blockchain. I mean government will not be able to implement any changes if people start recognising that government secretly launching their own exchangers and pulling the investment of their people to profit themselves. Its like creating the public services for the people but its not always possible for government to deal with the all public services and when its decentralised then they could end up in bad way. They have tax as option to get most out of the crypto currency investment. Thats my thought on this.

Wow bitcoin is fraud? The imagination is also far from what it seems in the reality. If it would have been one they you would have understood that already. If I'm getting real cash in my hand after trading the bitcoin then it's real thing mate.

Low mass ? This has been discussed many times that bitcoin is not a single unit itself but it is made of million satoshi. It will never matter if the mas is low but we do have Satoshi which can be valued per unit and as much as we want if demand goes off the roof someday.

That means nothing unless and until the market goes above 30% in terms of its value. Again I am saying the value not the dominance. The thing is we have already lost too much in the long run and the market cap has to be recovered to that much level to recover the loss itself. The loss is in terms of capital, the value will follow it as soon as it gets pumped. I am not seeing in positivity from yesterday's pump because it is so little and did not even last for full day.

Many times this misconception is made that bitcoin will go down in the time or it will become worth zero just because the alts are rising. I think this will never happen because this ecsosyemt is based on the balance of bitcoin and altcoin itself. I am not sure if you observe this or not but many times it becomes the necessary thing to exchange our coins with bitcoin to save losses or to save the scams from happening. I mean bitcoin is like safe house where we can keep our investment secured and thus we always keep pushing the bitcoin economy further. So it won't be zero.