Ripple (XRP), for instance, if you got to know about that alternate coin that is backed by huge banks globally is a scam? And so the banks that backed it are also scam? How could that be?

Buying potential alternate coins that are cheap price may help increase your BTC portfolio because the more different kind of alternate coins you have, the better is your portfolio and chances of increasing yor BTC.

I think yes because despite of what happened to bitcoin few weeks ago, it still showing us how dominant it is as its market price is pumping to the top again. No matter what happens, bitcoin will remain as the most dominant cryptos in the cryptoworld.

Other countries are banning bitcoin and the alt coins because they think it's a thread to their nation and economy. As to economy, bitcoin transaction is tax free which means the government  can't collect any penny out from that transaction alone.
And as to the welfare of a country, Bitcoin ca be used by criminals to hide from authority since transaction made in the blockchain is completely anonymous.

Maybe in some countries where their rules are not so friendly with bitcoin and other cryptos. Being decentralized, autonomous and government can not disrupt its transactions makes these government believe that it can use against them. Consider France which declares war against crypto which they believe that crypto can be used to pay illegal activities,  or to fund terrorism.

That's may be the reason why some countries are banning bitcoin and the cryptocurrencies because they already know that cryptos are decentralized so they can not intervene its operation. So whatever transaction is made in the blockchain, banks don't have any share of that, IMO.

I think it just decrease a bit because of the crisis recently but if we look at its stat, bitcoin is recovering in all of its attributes including its dominance. No question about its share because when bitcoin is down, almost all cryptos are also down.

The most people who lost money during the crisis of cryptocurrencies are those who are new and have less knowledge to cryptos especially in bitcoin. In times of crisis, they panic sell their bitcoin even in a losing price without knowing it will come back soon. And they are also those people who will be shaken quickly by FUDs.

Simple. Bitcoin's volatility can double or even triple your ROI in just a short period of time. Much even better if you invest on it in a long term scheme. If you have monitored bitocoin's market price when it falls down to almost 5 thousand dollars, then it's gonna be a very good reason to invest since its market price is cheap.

Yes, bitcoin's price is determined by peoples demand on it. The more people are interested and want bitcoin, the higher the price it gets. Whales are also one of the reasons why bitcoin's price rises or falls drastically.

That's probably true because those who got panicked and sell their crypto assets at a very low price means they are losing. Not unless if they already have their ROI before they sold it at a losing price.

True but as bitcoin become an investment rather than being a digital currency for payments, its value increases when more investors are investing on btc. So with bitcoin's volatility, one can easily get rich if bitcoin's price rises drastically.

You got a nice portfolio out there and hopefully all of those altcoins you have are potential altcoins. The logic behind why altcoins tend to drop whenever bitcoin's market price drop is because of their connection to bitcoin's value. Since bitcoin is the base coin, almost all cryptos are converted to BTC before it is being converted to fiat.

For instance 1 TOKEN = 5$ in bitcoin today can be worth 1$ in bitcoin the following day when the price of bitcoin drops.

Bitcoin is the first digital currency ever created and if somebody have bought it at 1$ per BTC and have bout thousands of it, then think of how that somebody would be today.

I think cryptomarkets are looking fresh and green already. It is safe to say that btc price is above the line between red and green which is good news for those who HODL during the time where cryptomarkets are in red color. Of course, why should i sell my bitcoin if it only means a losing price?

Yes it will and it has started already. From it's dip at 6,000$+, it now reached 8,000$+ and even touched 9,000$+ mark at some point of its run. Hopefully, bitcoin will reach more than bitcoin's highest market price ever recorded since last year.

As reflected on bitcoin's graph today, it is clearly noticeable that bitcoin is pushing up its market capitalization and price. Not only bitcoin is recovering but alternate cryptocurrencies too. How i wish i have invested in bitcoin when its market price goes down.

For me, those who are shaken by the spread of FUD topics and discussions are the ones who likely gave up and end up selling their bitcoin at a cheap/losing price.
Even HODLers like me are losing too especially when you bought bitcoin at 16,000$ and plummets down its value at 6,000$+. Although it's frustrating to watch bitcoin's graph everyday, you better yet stop looking at the graph so you won't be tempted to sell your bitcoin.

To the bounty manager, sir!

I have participated in your Signature Bounty last February 4 and i am #280 on the spreadsheet. I have made and completed the required posts needed for week 4 (Feb1-Feb7) but i found out that i received nothing.

Does my posts for that week will not be counted?

Thank you.

As we can see, Bitcoin is showing good indication of progress and hopefully this will continue even before or after Chinese New Year celebration. We just don't really know what is going to happen next. We will just wait and see.