27.9%? And you concluded with that statistics that bitcoin is in a bubble state when you of course know that compared to the other 72.1% that chose otherwise, and if we are to judge with that, then your topic is totally wrong. Bitcoin is an asset, it is valuable, and it is highly going to be useful more than we already have it.

It would end up being a bubble if none of these are in place and then a time would come that it would burst. In fact, it would have busted a very long time ago. Normally, we cannot dispute the fact that FOMOs would keep rushing in every now and then, but if you look at the charts and you understand what bitcoin is, you will have to start thinking otherwise.

Honestly, when this whole fork started, I knew it would end up being a joke at the end and then we will see some dumb ass devs and scammers trying to use the fork medium to enrich their pockets. If you want to have a coin that would be as fast as lightening, why not just go try to create a new one and start afresh.

This is just becoming appalling and honestly, users need to start discarding these forks and if not for some stupid exchanges like Yobit that would end up listing them, they should not even be allowed. People should learn to let the devs keep bag holding their shitcoins for themselves.

In fact, the rapidness has been crazy and no one knows how long this craziness is going to keep up. There is no possibility that can be discarded right now, cause who would have thought that bitcoin would get to this point even before the end of November, when we were all expecting $10,000 by December ending.

Like you said, next year would really be a bullish year for ETH as well and some few other cryptos and also banking on waves too as well. So I would rather diversify my folio.

Well, if we are saying the value is increasing each and every day is causing some sort of controversial, then it should be expected. However, all these controversy started when the government realized there is something taking some chunk of country from them which cannot be stopped as it has grown hugely like a virus already.

Bitcoin being decentralized alone is causing controversy and as long as the government cannot really state that out so as not to sound like fools, they would rather keep calling it any name they want.

It totally balls down on the location just as you have said. I have been mining for a while and apart from the tax I had to pay alongside the hardware, the electricity bill I pay, there has been no form of tax. The only way I guess I may have to end up paying tax is if my government decides to start taxing when converting to fiat while making use of the exchanges.

Well, those are capital gains and unless you report it, mostly by converting into fiat with the use of an exchange, then this is where tax comes in. Even without mining in some places and you just buy BTC, it is known that you will end up having some gains on it which means it is subject to tax. So, if you decide to mine, pay your electricity bills and leave your funds in your wallet, then tax obviously does not apply.

I have not made shit tons of money either, but at least it has been better than keeping all my funds in my wallet alone and watching it grow in value which is cool too if you do not want to take the whole huge risk that comes with trading.

The risk is not that huge if you can learn and honestly, I have been making some pretty good bucks for a while now and I hope to keep making as much as I can. Mistakes though are normal and I cannot start stating all the mistakes I have made here, one thing for sure is that I learn from them.

Right. A big dump is most definitely going to happen and I am expecting that in some few days. A lot of new investors have quickly rushed in and I guess we are going to see some little stability for now and then a correction afterwards before we end up seeing another run to the moon.

Bitcoin has gotten to a stage where we should be expecting some huge rising, but nothing goes up without coming down at least a little in the market world.

There is really not much of a P2P market for most altcoins for now anyway and the best shot is just what you have stated. Most altcoins these days can only be gotten either directly from some of the altcoins website, or straight up from exchange.

Exchanges are the best and I have always made use of bittrex in getting some of my altcoins and storing them on a wallet that accepts it. I have never really been a fan of leaving assets in an exchange unless I want to trade. BTC/ETH/USDT can be a good option to use to buy on bittrex. I believe it is the OP's decision, but why XRP though ?

Yes, I am available with Avatar and Personal Text too....

Bitcointalk Username:  beerlover
Bitcointalk Profile:  https://bitcointalk.org/index.php?action=profile;u=152752
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Edit:
I like to add few more things about my posting capabilities. Kindly treat these as my curriculum vitae within bitcointalk.org

1. I prefer and I am capable of writing high quality posts in more than 10 boards :
     i.     Bitcoin Discussion
     ii.    Economics & Speculation
     iii.   Trading Discussion
     iv.   Mining, Mining speculation & Mining (Altcoins)
     v.    Project Development
     vi.   Marketplace
     vii.  Services, Service Announcements, Service Discussion & Marketplace (Altcoins)
     viii. Altcoin Discussion & Speculation (Altcoins)
     ix.   Gambling & Gambling discussion
     x.    Lending & Auctions

2. I do posts at least 5 to 6 days weekly.
3. So far, I have never missed out reaching minimum post requirements. Guaranteed weekly activity.
4. I have groomed here in bitcointalk along with rollin camp. guitarplinker is the manager who restricted mega spam threads at very first as far as my knowledge concerned (DarkStar_ may confirm this as he had involved into related discussions many times).

Thank you.

I am surprised it is still being traded not just on Yobit but HitBTC. However, I won't blame the exchanges in this case anyway, probably; I would rather blame the people trading them. Trading is a risk and if you cannot do enough diligence to know what you are holding or buying, then it is the call of the person in question who states himself as the trader and not these exchanges. All the above, this does not still remove my doubts on these exchanges, most especially Yobit. And as long as it is full of shitcoins, then that makes it a shitty exchange.

Why would you recommend him to avoid bittrex ?
The fact that they had to lock accounts and ask them to verify does not make them out of the system, and if you feel you want to go ahead with an exchange that would not really bother about verification, then it is your call.

Definitely I blame them for not at least updating each of their users before the ban but you have to understand that they are being subjected to US regulations and one would just have to deal with the verification process.

The thing is people get wealthy every single day and I do not see how the government can just keep rolling down on them every single minute trying to question their wealth as long as they are not doing anything illegal or have any proof to state something illegal is being done.

I do not know the level of corruption in OP's country, but governments already know a lot of elites are being created with bitcoin and if that is your source, and you did not get it illegally, then why try to hide from the government? Just my thoughts though, after all, bitcoin is being taxed in some places already.

Slim is a rather pretty word to use, I would say it is impossible. There are some things that really should not be expected and if someone here is still holding fiats and waiting for the $3k mark before they buy, I guess they will have to wait to tell their kids the story why they did not join the rest of the world when they were buying now.

There is just so little to go around and a lot of big investors are really finding bitcoin interesting right now, so to see a value like that, except if there is a war on bitcoin, then it is impossible.

It is something that is much expected and there is something that comes with massive adoption when we see a lot of investors trying to get in on the train so they do not miss out.

We cannot doubt the fact that bitcoin is catching the interests of a lot of investors, most holders are still trying to hold so much looking at the way things have been going and then we will just have to see the value increasing the more and if those at the Federal Reserves are worried, they should better just take their chances now.

It totally depends on the mode you want to switch yourself to. Both are good, but we both know if you invest it properly, it is more like multiplying what you have which does not mean you cannot do the two.

Spending is important and if trading is normally not even going on right now which is still part of currency mode as far as I am concerned, we won't be seeing the fluctuations we are seeing. Certainly we cannot deny the fact that it is not widely accepted yet, which is what makes the currency mode difficult without having to convert to fiat before, but it is a gradual thing.

Of course! It is a happy Christmas celebration already with what we are having now.

A lot of traders and bitcoin enthusiasts have been expecting this value at $10000 though, so I won’t be surprised if there is going to be a correction once we hit that value. However, it means one single thing and which is that the fact that we are able to test the $10k ATH at least even before December means we should be stable on that value while entering next year.

The rate is even really surprising. I remember at the beginning of this year, most people were not really expecting this much and then here we have it. With so many things that happened that tried to halt the growth of bitcoin, it was just persistent and that is one thing to look forward to as an investor.

With a lot that has happened, we will start seeing more investors coming in and trying to be a part of the show. I thought I was late earlier this year, but I guess I was not after all.

If you really looked at the trend of this coin since its inception, then you will know this is not a coin to hold for too long. Two things are bound to happen;

1. You hold for too long and then you end up finding out that you have lost so much when you could have gotten a better profit in a much better non-manipulated coin.

2. You are lucky to buy at a time when the value was very low and then you decided to hold for long and sell at peaks (that is totally a very huge luck which might take some time)

However, I will advise you to look for a better coin with much more chance than trading this coin which is being manipulated by Roger, except you are OK with that and you are ready to take the risk, then you can go ahead.

It would really start being a huge issue trading cryptocurrency in the long run if exchanges keep up like this until we start having decentralized exchanges where users will have total access and full control of their funds. However, I guess it is not something that we should expect anytime soon since it seems most of these exchanges all have a hidden agenda which is locking people's account in the name of verification, taking their funds and keeping silent on it.

Why should a verified user be at ease knowing that anything can also happen to their accounts as well without being notified?

In as much as we can expect anything huge for any of the altcoins, we cannot really say much yet, can we? I sure know most of these coins you have mentioned will have a chance to grow, but the ocean is large and even ETH is not really giving so much as expected so far.

With the development so far, I hope it does but with a lot of competitors coming up with the same type of project, a lot of work should be done so it does not get overtaken. Litecoin on the other hand is one coin I will just stay mute on for the moment.