Crypto market isn't regulated like Stock or share market. Some big holders aka whales are highly manipulating the market for their own profits like we recently seen in BCH where pump is back  again in action after a 50% dump. Such big hodlers are making tremendous out of small investors.

For staying safe in this market, one need to trade with logic instead of sentiments. Never follow a sudden price increase or a pump happening without any reason. Jump in a coin which really have potential or use cases. Stay in top 10 or some mid cap coins. Trade with your brain and don't follow someone else's signals or portfolio.

Bitcoin is down, cash flow is basically into altcoins among which BCH is the main. Altcoins are gradually increasing. Right now the best way to cut the loss in dollars is to get into altcoins. Altcoins are at good entry point and ready to take off. If you are not good at analysing coins, then stay in Bitcoin. Bitcoin will most probably rise before the end of this year. There is a possible chance of Bitcoin hitting $9-10K because
CME Group is going to Launch Bitcoin Futures at the End of 2017.

As many have stated there are indeed many ways to bypass bitcoin ban. Something on internet and available globally is certainly out of any government's control.

But the point is will India ban Bitcoin?

I think it won't. Bitcoin or cryptocurrencies in general are gaining importance in financial landscape. Some world's superpowers have already started integrating Bitcoin in their system. Right now banning an emerging global phenomenon in financial landscape would be a stupid move by any country. The major concerns regarding Bitcoin for any country is its potential use in illegal activities. But is that reason enough to let go an emerging currency where there are tons of ways to carry out illegal activities even in the absence of cryptocurrencies.

The general misconception in the mind of people about Bitcoin is that it is the currency of darkweb or is used in criminal activities. This what government and financial institution in many countries are propagating. Also cryptos are not regulated or controlled by government. Thus, majority of the global population who are into fiat are not able to understand and are not paying heed on this revolutionized form of currency. This will definitely gonna take a time. Cryptos own a better future.

Right now entering BCH is a bad idea. Bitmain is nicely controlling the BCH market. They are the major BTC hodlers, then can anytime pump BCH and dump it hard to get back in BTC. This can happen anytime soon. Right now BCH is FOMOing. It is gonna dump soon. If you are hodler, take your profit and exit. Whales gonna dump it hard on everyone.

XRP is a large cap stable coin. It has actual use case and many banks are already in deal with it. In 2018, I believe XRP will be bullish. Even Palm Beach briefing suggested XRP. It is never bad to keep a part of large cap coins in your portfolio. Such coins grow steadily and can recover easily after any drop if happens. I believe XRP is a good choice for investment.

Cryptocurrencies has large number of young investors. Bitcoin alone outperformed S&P 500. Bitcoin has left behind many traditional assets in terms of ROI. This young generation lacks patience and cryptos suits best in giving huge profit in less time. Inclination is natural then. Also young people have natural tendency to take risk and understand tech. Older generation is slow to shift to new tech where risk is involved.

Altcoins are pumping back. Such drop phase are way too common when it comes to long term investment. Long term investors instead of looking the dumping phase as doom took it as an opportunity to buy some potential coins at such a cheap price. Most of the investors whom I know and me myself tried to average out the price by buying some more at drop. If you start looking at your portfolio everyday or you were tensed past month, then you aren't a long term hodler.

There was a huge shift of money from altcoins into Bitcoin first for Bitcoin gold and then for B2X. People were accumulating bitcoin recently which made it overpriced and brought a huge drop in altcoin market. Since there won't be any fork now, money is flowing back to altcoins as can be seen now. Most of the large cap coins are pumping hard. But Bitcoin too has support. Therefore, it will remain between $6800 to $7300. Some positive news are aligned for Bitcoin. Price would be touching $9k before the year ends.

I believe Russia has always been confused when it comes to cryptocurrencies. First they banned it, then removed it, a biggest mining farm was supposed to open, then a news of ban again and now a news of regulations.

I think whatever happens in Russia regarding Bitcoin or cryptos won't be effecting the market much as I believe Russia still doesn't have much bitcoin investors or crypto community is large enough there. Russia isn't a big market for cryptos and whatever government is doing should hardly be any of market's interest.

Right now the main focus is Asian market including Japan, South Korea, India and China along with USA and some part of Europe.

First of all no developed country will ever adopt Bitcoin as a national currency. They might make it a legal tender but it can't replace US dollar. A deflationary and decentralized currency with unequal distribution isn't good for economic growth. High volatility adds to the problem. A business can't survive with such a high volatility currency that has global reach. For steady growth, a slightly inflationary and centralized currency is needed.

It is not about you and me, but the overall economic growth of the country and Bitcoin isn't suitable for the same.

I was expecting the price to drop to below $7k level and to touch $6.5k with altcoins rallying up. But it seems there is a strong support to Bitcoin at $7k+ level. There are genuine buy walls at $7000-$7100. I believe the price won't be experiencing a massive drop now. But would find it hard to touch $8k which was quite possible within a week if Segwit 2x hasn't been cancelled.

Bitcoin will be able to maintain its price within $6800-$7500 for sometime now.

Altcoins dropped hugely past one month and are largely undervalued. This news might bring a minor correction in bitcoin price before $8k+ run. Money will flow to altcoins as well.

This news isn't only good for Bitcoin but for whole crypto market. When the market experiences uncertainty, money flows to the most trusted asset which in altcoin market is Bitcoin dumping all the altcoins. Now the money should get back to altcoins according to my estimate and we should see a bullish run in altcoin market.

I am glad they took decision sincerely. Bitcoin is experiencing bullish run recently and bringing a fork without major consensus would have disrupted the growth and bitcoin market which is getting global attention right now.

Now altcoins will grow as well along with Bitcoin. Money will flow among altcoins too and the long period of alts bloodshed will come to an end.

On the whole a best news for whole crypto market!

Proof
Joined Twitter campaign

I didn't receive my payment for this week.

EDIT: Nevermind, I submitted the wrong form for reporting. But Yahoo you should delete the old form then. It is little ambiguous with old reporting form.

ICO regulations whether good or bad is required now. Instead of countries banning ICOs, they should try to regulate it. This way they wont restrict new companies to come up and can successfully safegaurd people from ICO scam which is getting way too common now. Everyday new ICOs are popping up without any solid project and have created a mess which cause a raising issue for legit projects as well. Regulations are very much required right now.

Bitcoin isnt in any bubble right now. Bitcoin investors constitute of very less percentage of global population. This demand growth is legit and today demand only is the price driving factor. This demand wont be ending anytime soon. Bitcoin might end up in bubble later and pops out. But right now it is the best investment asset leaving behind many traditional asset in terms of ROI.

Right now it is mere a rumor.

Unless Amazon declares itself, I won't be believing anything even if they are buying crypto related domains or partnering with some crypto companies. But if Amazon starts accepting Bitcoin, then that move will bring a huge number of investors towards Bitcoin as Amazon is the biggest player in online retail market and a brand like Amazon when trust something, then that becomes trustworthy among masses. Moreover, Amazon accepting Bitcoin will also help in increasing the utility of bitcoin.

I don't agree with the statement. I don't feel fiat currencies are going to end anytime soon. There is increase in inflation. But there are 10s of ways to control it leaving increase in interest rates.

Regarding cryptos taking place. I disagree a big time here. First of all not all cryptocurrencies are deflationary. Government won't make a highly deflationary and decentralized currency an international medium of exchange with unequal distribution. Plus a high volatility rate adds to the problem for global economy. Even if fiat disappears. A new digital currency will emerge which will still be in government's control.