Graphically I believe what you say when bitcoin prices will go up instantly the price drops back, at least this week bitcoin price drop to $8000 after last week bitcoin price touched $9000. According to the chart if this situation continues it is not impossible bitcoin will breakout to the lowest price of about $ 5000- $ 3000.

But the graph is just a tool that may not happen because who has the power to change bitcoin price is fundamental. If you look at some of the news that is happening right now there is a lot of good news about the world of cryptocurrency. Moreover, yesterday's consensus that many companies will adopt cryptocurrency and blockchain, this will give positive effect to cryptocurrency market.

The articles that you put indeed is a good news for the world of cryptos, but there is no exact date and month government will soon legalize domestic ICO in South Korea. So there is no real certainty in August the cryptos market will experience price increases. It is a bit of regret if an asset that will affect the economy of the country is given to other countries. Hopefully, the Korean government will provide a quick response to deciding on legalizing the existing ICO in the country, so it can change the cryptocurrency market from a downtrend state.

The challenge of a newcomer who knows the world of cryptocurrency especially bitcoin and begins to trade with large capital is having a great risk of losing, especially by relying on signals that are not necessarily true. I like what you do, shed light on what has happened even though you have lost a lot of money. But my advice you do not give up, you can continue to learn to know the world of trading and return your capital losses.

I see your rank is a newbie, unfortunately, take part in bounty campaign at least your rank must have is jr.member and now rarely also jr. member can only join social media campaign. For rank newbie is difficult to get and take part in some project, only airdrop that you can join. My advice, while your rank goes up to jr.member you can learn about trading, investing or looking for information to get some tokens in this forum.

Everything requires a process, if you always fail in trading I think all traders in this forum will have the same fate. But a successful trader (I've read their experience) is that they always make failure as learning materials, if they fail or lose, they will review and evaluate. For reference to trade cryptos, I am not sure to give to you, because the material or science of trading is almost all the same just different in practice alone, everyone will be a different strategy as well as you should have your own strategy.

This is a misconception of everyone, bitcoin and cryptocurrency will never be able to replace paper money even if the state receives payment with the money cryptos. Before the existence of money cryptos, we know credit card where payment system using a digital system. But what happens now, is paper money can be replaced with digital money in the credit card? the answer is no. The use of payment systems is not all using the digital money, there will always be a payment system that uses paper money. This is a part of FUD that will give a negative opinion of the world of cryptos.

So far I have not seen that, the government just cannot open itself to receive cryptocurrency. If the reason the government is reluctant to accept cryptocurrency because of inflation, it's a fatal mistake they do not know about cryptocurrency. Even, in my opinion, cryptocurrency can overcome the problem of inflation. Their simple thought is only if all societies use the payment with the money cryptos then fiat money will be leave by humans, but not as simple as that. Fiat money will continue to be used even if money cryptos exist because not all payment systems will use the money cryptos.

Everyone has their own way of life, do not just judge a gambler is always wrong if you can not prove that your line of life will lead to the right path. Not all gamblers take action as you say, it is just an exaggeration because it is not a gambler. I just gamble for fun, and I also looking for ways to have fun in addition to gambling I think it's fair.

Yes and No is the simplest answer. $ 15000 in July, $ 10,000 in June and other speculations. With no speculation can determine it will happen, only a hope that will always be above the head. Looking at bitcoin price developments a few days ago, bitcoin prices rose to $ 8900 and hoped to rise even higher, but instantaneous fundamental causes came and kept prices back down.

Day by day many companies will adopt cryptocurrency and blockchain. This is a system that will be able to transform human work becomes easy. Prior to cryptocurrency, there are humans using credit cards to serve as a means of payment. Me myself using credit cards very much money is wasted whether it's tax or other causes. But when compared with cryptocurrency payment system will be easier than with credit card, low cost and can be used for international payment. The future of cryptocurrency will be good in terms of usage.

I read thoroughly your thread and it is important to read everybody, a newbie who seems to need enlightenment to know what a bitcoin is. As long as I know, in this forum some people who still do not believe in bitcoin. They ask the future of bitcoin because many consider bitcoin to be a bubble. And I guess this thread will straighten their opinion of bitcoin.

They are only human beings whose possibility of any speculation expressed by experts can happen or only a hope. It is true to see the price movement of bitcoin per year we can say very easily also that bitcoin prices will reach a high price at the end of 2018. The yearly bitcoin price movement is very promising, we see bitcoin price from 2012 only $ 5- $ 7 per one bitcoin, 2013 only $ 10- $ 300, 2014 touched $ 700 price but slumped to the price of $ 300. And at 2015 bitcoin was recorded at $200 and by the end of 2015 was $420 per one bitcoin, then at 2016 bitcoin price $450 per one bitcoin and the year-end $950. And in the last years, bitcoin is able to provide an increase in prices that have never experienced by other coin prices from $ 950 up to $ 20,000 by the end of 2017.

By looking at the development of bitcoin prices per year as above we will have a lot of speculation by arguing that bitcoin prices will be higher than the previous year's. But to keep in mind that in 2018 there is a big influence to make bitcoin prices decrease, we cannot ignore every regulation issued by each country, then the previous company that adopted bitcoin but in the current year they prohibit and not use bitcoin again like Microsoft and the last social media where bitcoin promotion place but in this year they forbid bitcoin and the last is bing which prohibits cryptocurrency ads. With that incident, I'm not so sure that bitcoin prices will return to their highest figures.

Actually, it is quite easy to determine a good coin for the future, you can search in the top market of cryptocurrency. With the market order, it can be sure that the coin who is at the top will have a high price in the next few years. But depending on the capital you have, if you have a large capital you can buy a coin that has a high price such as bitcoin, ethereum or bitcoin cash. But if you have a small capital you can buy a coin that is still cheap but has good potential like Tron, IOTA and Vechain.

It's only a benchmark that will lead to rising and falling prices. Trading in cryptocurrency different from you trading in a real world or even forex though. If you trade in the real world the price reduction and price increase will have a process in some time. But if you trade in cryptocurrency you cannot relax and wait for news about the coin you are trading. In a few moments if you are late to understand what happened in the market you will lose. So if you trade in cryptos make sure you understand and always look at the fundamental aspects that will change the price.

That's complicated, which has a small capital like me will rely heavily on those who have big capital. But this is a risk that must be taken, without them, bitcoin prices will not have a high price. I think the market cryptos is fair enough, for those who have large capital will benefit greatly and for those of us who have a small capital will benefit with the portion of capital we have.

Actually to start investing in bitcoin depends on your chosen strategy. If you will choose a strategy for the long term you can see peg bitcoin price per year. The price growth will be the same as the previous year, in other words, the bitcoin price will always rise. So if you want to start investing do not mind when the lowest price of bitcoin and when the high price of bitcoin, it will be useless because you will always want the lowest price while the bitcoin price is always moving.

However, if you choose to invest short term or trading, articles like this can be used as a reference. Usually, this kind of information will affect price movements, the people who read this article will wait until the price drops according to its speculation who has a short term investment if they read an article like this they will sell it and save their money from loss.

If you have assets on local exchange and often exchange money from local exchange to paper money, the government will easily know you have bitcoins. Keep in mind, when verifying accounts on local exchange you need to include your identity card, this will make it easier for the government to track users of cryptocurrency. Because I know, a local exchange will run if it is approved by the government.

For investment in cryptos, I always choose the top coin in the market cap. And if I were you, I would use the existing capital to divide by 50% in bitcoin and altcoin like ethereum, tron and stellar and the rest I invested in ICO. For investing in ICO I always do research to avoid fraud.

By hearing this news I have inference Mark Zuckerberg and Facebook will receive cryptocurrency ads related on facebook again. If this is true then everyone is aware of the payment system using cryptocurrency is very important to do. Everyone deserves to know the new system that will make any form of payment easily and without any third party governing such a government.

Or maybe just a diversion of issues that was going on a few days ago with his facebook scandal. Those who have a great business have good thinking skills, so with a few steps that do will find good results even before it has been getting a negative mark from Facebook users. The diversion of issues that will make them free from negative views by making cryptocurrency in the popular as a tool.

Many economic bubbles happen in this world, such as Tulip mania or dot-com bubble that occurred in 1955-2000. From the incident, both economic bubbles are not sounded to this day. Unlike the cryptocurrency when the price reaches ATH but a moment later its price drops to the lowest price, to date there are still many investors who put hopes to raise the price again.

Much other support when I disagree with cryptocurrency equated with an economic bubble that already happened, like blockchain that will change all system in the future. With the blockchain, I have a very convincing conclusion for cryptocurrency will remain in the future and will remain valuable.

In cryptocurrency market there will always be an opportunity to reach the price, depending on the trends. Over the past few months, the price of bitcoin can only reach the highest price of about $ 11,000, and we always strive for more than that and we always find failure. If indeed this happens several times, I mean we fail the breakout and over $ 11,000 bitcoin prices will fall over $ 5000 even $ 4000, that's just my theory.