haha, what the hell is that title

not so long ago price went down 40% before people called it "biggest drop" and start panicking what will happen next.
this may not be the end of this drop but C'mon a 5% drop is considered as daily fluctuations not even a "drop" to start a topic and certainly not something they write an article about!

i can't help but worry.
i can see the price being lower and i can't sleep because i should get my hands on some fiat to dump as soon as possible and convert that green crap to bitcoin while the market is giving a discount. it is the Autumn sale (TM)

i just checked and i have the same issue! i am going to do the exact same thing too. i already have most of my funds in LTC but i have to sell some other altcoins there also.

where do you migrate to? i have my eye on cryptopia but it is sadly smaller. poloniex is the same too, they also ask for verification

a lot of different companies in a lot of different sectors are using blockchain technology that bitcoin introduced to the world. IBM, Microsoft, Banks, and even hospitals are using blockchain technology or at least they are working on a version for the near future.
but none of them have ever bashed bitcoin like this, probably because none of them have ever invested in bitcoin like JP Morgan did.

my goal is real estate first before diversifying into other things. i want to own a house even if it means a small one in some place cheap (but decent neighborhood). and i am already building towards that. although it may be soon for your financial state but keep it in mind.

the i believe that precious metals, specially gold will always shine even in possible financial crisis. people know gold, they can buy it anywhere. they always go to it when they want to invest.

as for bitcoin, i won't go all in, but i don't go small either. it has a lot of potential to grow. it has already given me a lot of profit and will surely continue to do so. and it will only grow bigger as more people become aware of it. it is not like gold that people already know and decide whether or not to invest.

as for altcoins, i don't count on them much. they are too weak for my taste to trust my money in them for long.

be careful where you check! there are a lot of fake websites out there claiming to be bitcoin gold's website. i saw one the other day which was asking for ICO funds to be paid to a certain address!

the real one is called BTCGPU.org and they just made the website today. and it has no mention of exchanges to trade this.

it is funny how their website says "transparency" and yet there is no mention of the premine!

of course i (and i am sure everyone else) would love to use "decentralized" exchanges. but there is always a big issue that these decentralized exchanges are not so popular and also they do not offer the same features as the centralized ones.

the biggest downside is the fiat markets. i don't even know how that can work! fiat demands a centralized place to ensure no fraud happens.

but crypto versus crypto trading is much easier to do. although i have yet to see a user friendly and easy to use decentralized exchange that can get a high volume enough for liquidity.

i don't think we can call this "correction" "people cashing out", and stuff like that. this price movement that we are currently witnessing looks mostly like an uncertain market to me. where people don't yet know what they are going to do. there are swings up and down to $5700+ and back to below $5500. rinse and repeat.

i think it is going to continue this way through this week too. until it is decided which way to go. maybe by breaking out of some resistances.

if they take the same route as the Japanese government and a couple of others like Australian (IIRC) took, then it is a very good news for bitcoin's future and its adoption.
there is even talk among the parliament members in US to do the same thing.

they first add taxes for trading bitcoin. then in order to do it only once not multiple times, they remove any taxes on bitcoin usage. meaning when you pay with bitcoin (use bitcoin as a currency) you don't have to pay any taxes. and that helps bitcoin's adoption a lot.
as i said a couple of countries have already done that.

no, not all!

what you see is the price going up, but that does not mean people are becoming millionaires because of it.
although many have been and will continue to make profit but there will always also be a lot of others who will always continue to chase their own tails.

we have seen multiple times, people who buy on top then panic sell after things turn a little grey for their taste. like when price went above $4000 the first time, they waited and waited until price was on top and then bought at $4700+ and when the correction began they waited and waited and panic sold at $3500.

the market filled with panic sellers will only have some millionaires who become that because of the panic sellers

if it is just investment you are looking for, then buying at any time is a good choice since bitcoin is a very good long term investment. and when you are not a trader, it makes for perfect option to just buy and hold it long term. of course it is always best to buy when prices are lower, in a dip or have a big rally coming.

as a trader, just to buy and sell and make profit, things will be very different. you can use different analysis techniques on the market to come up with the best time to buy and then sell bitcoin. it is very helpful, i admit that but it is not as helpful as you may wish it to be. bitcoin is mostly affected by the news. at least most of the times it is. so you have to have your ear to the ground to listen to what is happening and how they can change things. that is also a type of analysis the market though.

for using bitcoin all you need is private keys and then a way to sign transactions.
private keys are the same everywhere, in bitcoin, bitcoin cash, bitcoin gold, bitcoin xyz,... you can even get one by rolling dice multiple times to have it 100% offline and by hand. not even needing a laptop!

if you want to run a full node (bitcoin core) your biggest concern is the storage or your hard disk as other user mentioned. because blockchain is more than 120 GB last time i checked and it will grow. and usually the laptops have smaller storage specially when you use most of the storage yourself anyways.

why!
he is making a lot of money from trading bitcoin, or at least his associates are. whenever there is an FUD out of his mouth like this (with perfect timing i should add) there is a big dip and another big recover afterwards. the profit of margin trading or even simply buying the bottom is always huge.

yes and yes.
you can always buy a small amount of bitcoin, you do not have to buy 1 whole bitcoin. you decide from where you want to buy bitcoin. (for example Coinbase) then you deposit whatever amount you feel like it (for example $200) then buy a portion of bitcoin with it (about 0.035BTC).

there is always a chance of more rise. specially in long term.

you should say "I" instead of "we" because you are the one seeing bubbles.!

actually this rise is like a lot of other previous rises. only a small 20% rise with a 8-10% correction.

this is irrelevant in here!

there is no charts faster then 1 minute because there is no point for them to exist. you don't gain any useful information from charts faster than that. even 1 minute is not useful if you ask me!

the market does not even move that fast! there are resistances that keep it from that kind of rise or fall.

if you want something like live prices, or orders in the order books then you need to either look at the orderbook in your browser or subscribe to the sockets of these exchange APIs (bittrex doesn't have it but polo does) and get it live in your bot.

you really need to check your facts bro.
SegWit was just activated, nearly nobody is yet using it simply because the new versions of wallets are not yet released and updating will always take time (people don't upgrade on first day of them being released, it may take months). for instance new version Electrum that i am using and is supposed to have SegWit support was not yet released last time i checked.

also nothing about SegWit2x is dead, i don't know why you even say that!

you are making the wrong assumption that if Amazon were to accept bitcoin in November everyone will rush to spend their bitcoins out of nowhere! something that has not happened in past years despite many shops accepting bitcoin!

2013 was the peak of people who don't care about bitcoin and what it is. it was THE year that everyone was just buying it to get rich and the rest were mining it because it was super profitable with just a PC!
and all of them disappeared and sold their PC as soon as price started coming down from the willy bubble.

"corrections" are never big or epic or anything, they are always logical and properly sized.
what you see is usually a dump and a lot of FUD and you can't really generalize all of the dumps the say way. each of them are different and happen under very different circumstances.

for example this last one started as a simple correction. price went down from $49xx to $4400-$4500 which was less than a 10% correction and everything was perfectly fine, then the China crap started and price went down to $3800-$4000 and they kept attacking bitcoin. and the JP Morgan "bitcoin is fraud" was the last straw.

none of this 30%+ drop ever happened in 20 minutes though you are confusing bitcoin with a pump and dump altcoin. it took a lot of FUD and a couple of weeks to reach that big a dip!

just another misleading title in this board!
China never banned bitcoin! and the article doesn't say it either. they are saying reverse the exchange bans!

and i have to say there is no way in hell to "reverse" this exchange bans.

however what they will do is that they will regulate them more and possibly this time give them proper licenses too in order to start their business anew.

i have not used that site much, but i think they don't allow you to withdraw the fork coins. for example if bitcoin gold happens, they won't allow you to withdraw bitcoin gold, but you can convert it to bitcoin and withdraw bitcoin. and the price is what they set it to be so you may not get the best rate.

that may not be what some people want, they may want to have the freedom of choosing when to sell and at what price.