Honestly they are not "bouncing back up" just yet, they are simply reacting to what has government acted like and the whole world knows that a republican ruled USA with both president and the senate majority, they will do absolutely everything in their hand to recover from this for the big banks, they would rather have millions of people dead on the streets, riots everywhere and people killing each other for food, as long as the corporate america could make a dollar out of it.

This means, since we all know that they will do anything to make a profit and not let any of those companies down, that means we could invest, maybe tomorrow maybe a year from now or maybe some further time line, eventually there will be a time when these corporations will recover with government help, so why not put some money into it and wait.

Right now, it is not really that much of an important news anymore because of corona. People are trying to not die right now, so crypto is really nothing too important. Even on the best of the days when we peaked at 20k what happened was some people got in and many many people heard about us, but that was it, the football match that was going on got more news than crypto did, so it is really very very important to realize financial stuff do not get the interest of people who do not care about financial stuff.

If that person never really cared about stocks, forex, investments and stuff like that before he heard crypto, he will probably not care about crypto neither. Right now the situation is not that best neither, it is quite horrible out there so crypto is getting even less attention.

When do you guys really think that a cure will be available? That might change too many things going around. I understand that french found the "cure" but they are still doing basically a test right now, sure it is looking like its working and sure it is probably a solve to this and maybe they can find one drug to combine them both and make it a corona killing drug but that may take some time.

Think this way: all the non-urgent drugs, they go through hoops of many many stuff and eventually they all get accepted in months of work probably years of work, so when we are talking about this one, it may get accepted a lot quicker but it may also still take at least a month before it is available all around the world. I think the earliest 100% treatment would be probably by June.

It is quite obvious that people wanted a piece of the pie because everybody knew that bitcoin price was way more than 4k yet the price went under it so everybody rushed to get more and more. I didn't know 1.3 billion went into it that quickly, I hope not all of them bought because I would like to imagine it takes a lot less amount to get bitcoin over 6k then 1.3 billion however if it really requires that much that means we gonna need a lot more money to actually increase it over 10k as well.

On that note it baffles me that maybe there was more sellers as well? I mean we have seen over 10k just this year in 2020 which tells me if it took 1.3 billion from 4k to 6k, does that mean we spent a lot more than 1.3 billion to go over 10k this year? I doubt that honestly.

When everyone holds, there are no sellers, only buyers left, how is that even possible. Sure we can have less people selling and more people buying and that is exactly what happens when market is going up but at the same time that is only one part of equation sometimes there are more sellers and less buyers so the price goes down. If more people learn to hold that would be investment approach and not what bitcoin is for.

The real going up will happen when people spend it and not hold it, when people start to spend it then we will have less sellers as well, they are not holding, they are giving it away, not for free of course they are buying something in exchange for bitcoin, but that stops selling, that is how we should be focusing on going up, that way we can say adoption goes up as well.

Honestly, if I got 400 million dollars offer from Binance I would totally sell but if I am binance I would stay away as much as possible. Buying CMC will not really worth a 400 million dollar investment for them, it would be great if they could buy outright all of it for under 100 million dollars, the website has a HUGE visitor number and all by itself worths a lot of money itself, but what is the benefit to binance itself? Will they just have ads of binance all over it? Is that it? For that they could buy a lot more advertisement honestly.

However, if they want to keep the integrity of CMC and keep it going like it is right now and maybe improve it a bit, they should buy it, just not for that price, it is way more than it deserve as it is right now.

Well, the only method I know right now is to actually buy right now when the price is lower and sell when the price goes up, aside from that there is really nothing corona specific that you can do right now. Or maybe if you live in a region that has a lot of corona and you can provide people with health products like masks and gloves and so forth and if you can buy them from another nation using crypto, you can make some profit?

I know it is not really all that possible right now, you are probably too late to it already, but honestly this is a huge pandemic, not making any money off it doesn't seem like a bad thing, maybe we shouldn't try to profit from human suffery? That sounds like a decent human thing to do if you ask me. To each of its own I suppose.

I guess this is just the beginning of the start for ethereum. We all have been waiting for a huge increase because there will be both bitcoin halving which we all assumed would increase the price of bitcoin and if the pair price of btc/eth doesn't change the increase of bitcoins price would equal to ethereum price going up as well.

However now that it is significantly lower, almost half of what it was just a month ago, we could basically say that price will go up a ton more after the hard fork as well from this point. Think about it, without corona it was 250 or so, with halving that could be 350-400, and with hard fork it might be over 500, that is definitely a lot better than we assumed it could ever be. Hopefully that won't take to long and we will get there before we die from the virus .

I still think 12k is a doable price if you ask me. Of course it is not the "next target" anymore because we are at around 6k now, a more logical next target would be getting above 7k first and 9k after that and staying above 10k after that, only then we can reach the 12k price range.

However, just because it is not the next target anymore doesn't mean it is not a target neither. Remember we were around 4k last year and moved to 14k in a month, so bitcoin does small moves time to time, like for example this summer to winter there was a movement of 10k to 7k to 10k, those were small movements and bitcoin may do something like that, but we can also do HUGE movements as well, we are capable of going from 4k to 14k in a month and did it just last year so do not count 12k out just yet.

I am trying but it is really challenging me right now, I have some bitcoins that I am keeping for now but honestly panic selling now and panic selling any other time are totally different. Normally people who panic sell their coins do that because price goes down, right now we are doing it because we may need money. It is the first of this month soon and I think we may really need some money for the bills and for the stuff we may end up buying to our house.

Normally you buy only what you need and nothing extra, nowadays everyone buys stuff that are extra and that ruins our investments because instead of putting money into bitcoin people use it to buy toilet paper. Toilet paper could be just a funny example because for some reason everyone bought excess of that, but in general people are buying excess amount of everything nowadays which causes us to not have decent investments anymore.

2020 going to be a bit crazy and it showed itself already. We moved from 7k to 10k to 4k to now 6k and we are still going to see the halving and how the people will react to it and of course corona will no longer be a problem one day, we don't know when that will happen but eventually it will happen, all of that combined we have a ton of time to make a lot more movements as well. I can see bitcoin actually going x2 of this price and still going down a bit from that as well.

So, 2020 price valuation is a very tough decision. What I only know for sure is the fact that under 5k is not really sustainable for the long term, so we will not stay under 5k again ever, not saying it will never drop under that because it still could all I am saying is it won't stay there for too long.

People should consider the drops as not something bad for bitcoin but something good for themselves which is what people have been missing out for a lot of the times. If you remove the 20k period from the crypto, anytime you buy bitcoin there is a chance you can make a profit, you may have to wait for a day or a year or more but eventually everyone who buys bitcoin at any price actually makes a profit, only exception is the people who bought at 20k. Right now we are at around 6.3k or so, do you really think the price will stay here?

Even if it drops further, do you really think that bitcoin will not go back up? That means there are plenty of people here who thinks bitcoin will go beyond 7k in the future, maybe not today but one day. So why shouldn't we all buy as much as we can.

Honestly, I think keeping a record of what you have lost should do something much more than just stop you from gambling, it should show you how much money in your life you could have spent on something that could get you to another step.

Do not forget that if you spend money on business there is a chance it all goes to waste as well, but there is also a chance you end up being a big business owner eventually too. Just couple hundred bucks could get you a decent website with some amazon products with affiliate that you can actually "sell", well you are not the one selling, you are basically a shopping catalog website for the buyers but at least whenever someone comes to your website and buys something they buy from someone else but you get a cut.

This is literally the most common and old trick in the world but you can have one for just a hundred bucks or so. Think about all the money you spend and how bigger and better idea you can get instead of that.

Honestly, I am not disappointed with the 500 dollar thing, actually increasing to 50 people is also awesome as well, money is thing these days and giving away a thousand dollars was already a huge deal and combined it was making a ton of cash from wolf.bet to give out.

I couldn't even believe it continued so far, I would have expected it to go down a lot faster than this, I would imagine it would have to be like a few weeks type of promotion to get people when you are first starting out, this took like almost a year or something right? Nobody could blame wolf to drop the prize down, 500 bucks is quite a good amount already anyway so nobody is losing anything. However the "improvements" are not seen all that much, sure its faster but I doubt it was the only one right?

I don't know if I can call myself addicted back in the day but there was definitely some problems going on. I wasn't gambling like crazy or I wasn't gambling on all the free time I get but I was actually gambling quite frequently and that was a problem.

Gambling all the time for long hours is already addiction in my mind, but if you are gambling few times a week, spending over an hour every time, that is getting dangerous. And back in the day I was close to like 4-5 days a week gambling on dice games spending probably 3-4 hours a day while I was at work, that kinda sounds and looks like an addiction. Thankfully I lost a huge amount of money and stopped, I say thankfully because if I didn't lost that money quickly on martingale, I would have lost it anyway eventually from gambling for too long and I wouldn't be able to stop.

Well martingale has been in the gambling world far longer than bitcoin has been around, martingale has been a system that basically worked out until it doesn't and that made it quite famous as well. Could you be profiting with martingale? On the short term there is a chance, you can make your money double up before you can actually go bust, there is actually a quite high chance of success with it if you are lucky and play for just short term and not long term.

However if you are gambling for long term, remember that there is a very very high chance of going 20 losses in a row, there is same chance for 20 wins in a row but since you bet base on that it doesn't bring you too much profit whereas 20 losses in a row does bring you a big amount of loss that will cause you to stop even before reaching the 20th loss.

What this btc/eth people are not realizing is the fact that bitcoin and eth can go x2 or even x3 if they can but that is about it, the OP and people who look here for the big popular increase is not looking for the x2 coin, they are looking for the x10 coin.

I know many of you think that finding 10x is hard, and it is true, its close to impossible to find it, however that is why people are looking for others to help them out and see what they are thinking. Will ethereum go up? Sure, but by how much, probably capped at 500 at the biggest possibility and not even that if you ask me, probably 300-400 level is big enough for it. But look at some coins that are 100-1000 satoshi levels right now, it is quite possible that they see x10 increase over the course of this year.

Of course it will, what is going to happen? Bitcoin going to zero and all others going to zero as well? I mean don't get me wrong there could be couple of coins that barely surviving thanks to their creators putting money into it constantly to keep the market alive that got killed during this period and they may not recover all that well. But there are thousands of coins, and I can promise you that hundreds of them will stay alive no matter what and will recover from it.

It may take some time, it may not be very quicky, but eventually we will recover from it. Otherwise what is the point of crypto if it will die from the first bad fall. We have dropped from 20k to all the way down to 3k and recovered from that and peaked around 14k, so there is no way we won't from this tiny fall either.

Unfortunately, bounty became too saturated. People realized that they could make money from it so a lot of people managed to get accounts anywhere that is important. A bounty pays for twitter shares?

All of them opened a twitter account and followed people and maybe even paid couple bucks to get some fake followers as well if they didn't want to work for it, so now a lot of people own twitter accounts with many followers. It requires instagram? Did basically literally the same thing, shared some online bitcoin related quotes and so forth. Requires a bitcointalk account that is at least hero or something? They either bought accounts or bought merits. This is why there are now a lot of people who are bounty hunters and that causes prizes to drop as well.

I guess it is still in the middle, nothing major will probably change. We dropped like all others dropped, we increased like gold did, so right now we are still not horrible because we didn't dropped like hell and stayed there, but we are not awesome neither because we didn't increased while others were falling.

So, basically we are nothing right now, just what we were before all of this started and we will continue to be what we are in the future as well.

There could have been other stuff like if we fell we would have been worse, if we went up we would have been better, since we did neither, those options are futile right now and will not work. Hopefully we will get out better from this and that might actually really help us but we gotta wait for that one.