I observed that the price had gained stability this week  a bit  slow in volatility and momentum  having hit a support at $9000+ since then the market sentiment has been bullish already at $12000+ it could have been better if the bullish movement is slower with some little corrections or pullbacks this would bring more confidence for investors.

There are some forex brokers like xm and FXopen who had incorporated some cryptos into mt4 platforms this will alleviate the inconveniences associated with using an online browser to analyze charts, in mt4 there is more options of adding some customized indicators so as to perfect a trading strategy.

Definitely as a trader losses would be incurred  even professional traders also incur losses in trades but it is always advisable to trade with  the amount of money you can afford to lose and it is usually advisable to put a stop-loss to your trade this will minimize your risk to barest minimum and to protect your investment.

Segwit  does not have a sidechain I.e lightning Network for channelling payment.
Meanwhile Segwit2x is delivered with a sidechain such as (LN).
Lightning Network always took place off-chain and can only be incorporated into the chain, the transactions between two people is not stored in a blockchain and not broadcasted to a third party the balances between the two parties involved In the transaction is modified and signed by both of them.

Obviously predicting the closing price of bitcoin in 2018 is a task that is very difficult to achieve, although there are a lot of speculations and predictions which I belief are exaggerated as regards the price be as it may from my own analysis the price of bitcoin always set a new highest high record every year invariably Iam  predicting $20,000+ in 2018.

The price fell below $10 K and had touched a support at that range and got rejected about thrice at the same support and it is obvious we will begin to observe bullish sentiment of the market in days ahead, major investors must seize the opportunity of buying ai that price when the price fell dip yestarday.

That is exactly why trading or hodling bitcoin is for the strong minded fellow not for the feeble minded, when I looked at the price of bitcoin at $9500+ yestarday I remained calm having established the fact that whatever the case may be the price of bitcoin will surge high in  days ahead because price history always repeat itself I.e it is the nature or behavior of bitcoin is move dip and surge or rise.

Obviously the price is going to recover but how
 soon? nobody knows but according to this analysis history always repeat itself, in
 Jan 14th 2015 btc/usd low =$152
2015 price closed at $430
Jan 16th 2016 btc/usd low =$362
2016 price closed at $966
Jan 11th 2017  btc/usd low =$755
2017 price closed at $13800
Jan 17th 2018 btc/usd low = $9600
2018 price close?
With the analysis above it is obvious that the price will surge higher therefore HODL.

Well the correction is expected due to the nature of the volatility of bitcoin as you rightly said, recall the price of bitcoin rose to a record $20K high within a shortest period of time  last year invariably the correction will also be massive as expected irrespective of whatever FUD going around, when the price picks up again definitely a new highest high will be formed.

215,000+ Sign Petition Against South Korean Crypto Regulation – Government to Respond

A national petition against extreme cryptocurrency regulations in South Korea has exceeded 200,000 signatures, the requirement for the government to respond. The petition entitled “Has the government ever dreamed a happy dream for the people?” was filed on December 28. Meanwhile, another related petition calls for the removal of the governor of the country’s Financial Supervisory Service.

Government Will Respond

The South Korean government announced a series of regulatory measures for cryptocurrencies in December. Immediately following the announcement on December 28, a national petition entitled “Has the government ever dreamed a happy dream for the people?” was filed and will run through January 27. According to the rules set by the Blue House, if more than 200,000 people sign a petition within a month, the government will respond within 30 days.

On Tuesday, January 16, the number of signatures exceeded that threshold for the above petition, with 215,140 signatories at the time of writing.

Concerning illegal gambling, the author argues “people are not stupid. In the current era, virtual currency is invested because it is judged to be the 4th revolution and it is not just a random investment…I invest wisely to the extent that I do not overdo my money.”

After acknowledging the risks, the author emphasized:

The petition does not object to the real-name system which regulators are trying to implement or taxes that must be imposed. However, “Please do not take away our happiness and dreams that we had for the first time in Korea,” it concludes.

Another Petition and A Constitutional Court Case
On December 28, another national petition was filed. It “calls for the dismissal of Choi Heung-shik, the director of the Financial Supervisory Service, who is offering speculation to the people,” the document states.

This filing was in response to a speech Choi gave on December 28 in which he reportedly said it is a good bet that bitcoin’s bubble will burst. “Bitcoin will lose its bubble later. You can bet,” Hankook-Ilbo and other news outlets quoted him. At the time of writing, 37,911 people have signed this petition but the count is still rising.

Meanwhile, the country’s Constitutional Court has entered into a preliminary hearing on the case against cryptocurrency regulation filed on December 30. Anguk Law Offices appealed “over the government’s regulations on cryptocurrency trading, saying regulating the trade through administrative guidance without any legal grounds is an infringement of property rights,” the Korea Times explained.

The court will examine whether the constitutional appeal is appropriate and whether a full-scale trial is necessary.
Source: https://news.bitcoin.com/petition-against-south-korean-crypto-regulation-government-respond/

Definitely south Korean and Chinese clamped down and banning of Cryptos is causing more dumping and also a  FUB by mike Bell of Jp Morgan urging all government to ban  Cryptos is also affecting the prices of Cryptos presently the price of bitcoin is down to a support at $11200.

All sorts of regulation of bitcoin by those countries is to try and protect their economies, of course bitcoin as a decentralized digital currency can hamper such countries monetary policies and tax evasion, whatever steps taken against bitcoin by those countries will only have little effect or impact on bitcoin due the huge capitalization of bitcoin.

Well this is not the first time news happenings as regards to banning of bitcoin by some countries like south korea and china has affected the price, negative news of this magnitudes has always resulted into the dumping of the coin by panicked hodlers invariably  resulting into sharp drop in the price, nevertheless those countries has few hodlers compared to the overall populace of the hodlers.

The sudden drop  really indicates how fundamental news affects the price of bitcoin, the same scenario played out last year when china started the clamped down on the exchanges resulting in dumping the price of bitcoin dropped before recovering and surges upward, it is likely after this drop the price which has hit a support at $10800 and will rise again.

The Futility of Government Bans – Bitcoin Always Finds a Way
Cryptocurrencies have been threatened at one point or another by nearly every country on the planet. Rarely does a government venture beyond rhetoric. Those resorting to crackdowns are often met with greater public appetite for decentralized virtual money, making all that initial fuss an exercise in futility. Be they communist strongholds or liberal democracies, bitcoin cannot be stopped.
  
Government Threats Met with Pushback

In response to a recent Republic of Korea (ROK) bureaucrat’s statement, causing mainstream media to roar about a “ban” on bitcoin, the South Korean street riled to virtual barricades. Citizens flooded petition signatures to the President. Social media contained oceans of angry comments demanding the offending minister’s sacking. The pressure grew so intense, agencies within the same government began contradicting one another, ending with an official presidential announcement no “ban” was forthcoming. Sensing a political market opening, normally reticent ROK politicians jumped on the bandwagon to defend cryptocurrency legitimacy.  

The above is something like a rare historical scientific control with regard to just why bitcoin and cryptocurrencies cannot be banned. For our purposes, ROK’s geographical juxtaposition and its post-war politics fit comfortably beside its northern neighbor, Democratic People’s Republic of Korea (DPRK), North Korea. The two nations share a peninsula, a people, and a history, ripe for an organic experiment in prohibition.

Cryptocurrency probably made its way to DPRK through its wealthier brethren, and perhaps even China in bitcoin’s early years. Obviously, DPRK has a “ban” on bitcoin, de facto. Yet cryptocurrencies are still an issue for the country, something it must address, a problem some reports have as the regime tacitly embracing, and likely as a way around sanctions. Arguably the most closed country in the world is being confronted by a new monetary reality, which illustrates bitcoin’s inherent power under the most extreme of circumstances.

Pronouncement after pronouncement, rule changes, fines, bank harassment, appeals for international cooperation, taxes, emergency measures, the liberal democracy of ROK has been very busy. To be sure, the last round of news from South Korean regulators brought about double digit dips in bitcoin’s price, domestically and internationally. But even that appears to be temporary as markets see bitcoin retain relative price resiliency.

A Dozen Countries are Experimenting with Bans

The side-by-side control of having a hermit kingdom and republican democracy both grapple with bitcoin yields insight into what sort of prohibition is possible, and what is even meant by the word “ban.” Bitcoin cannot be banned in the ultimate sense, as it resembles the character of pushing on a sturdy balloon. Push it down on one side, and it grows on the other.

Of the 195 countries of the world, 12 have openly tried to ban bitcoin and crypto at various levels: Brazil, Indonesia, China, Vietnam, Israel, Morocco, Bolivia, Algeria, Ecuador, Kyrgyz Republic, Bangladesh, and Nepal.

However, that list is misleading. Not all governments have banned cryptocurrency in the same way. Israel, for example, has effectively prevented crypo stocks from being listed on its indices and aided the practice of its banks not allowing bitcoin business accounts. Yet its prime minister has made positive comments, and still another regulator has advocated making Israel a welcoming environment for bitcoin.

It’s worth pointing out Israel is a representative democracy, one of the only in Southwest Asia. The Israeli street is passionate about cryptocurrency and its potential, and, like South Korea, has the electoral ability to influence outcomes should regulators overplay their hand.


Wealthy Will Not Allow Ban

Charles Hugh Smith argued crypto prohibition won’t happen due to the influence of wealthy investors using it as a store of value unable to be monkeyed with by politicians. His point at once affirms and jettisons the democratic thesis, as it all comes down to levers of power. The same way assets such as housing are owned and closely guarded, Mr. Smith postulates, bitcoin will be protected even more. Wealthy holders have gone to great lengths already to keep the currency away from governments.    

For South American countries such as Brazil, Bolivia, and Ecuador, the challenges are both political and economic when it comes to prohibition. Each has versions of command economies, and nationalist fervor is easily whipped up when supposed threats are made against their respective currencies, and bitcoin can certainly represent that. However, even where economic expression is limited and politics are a crazy mix of bureaus and committees, crypto has found a way through. Its popularity grows in Latin America.
The remaining half, from China to Nepal, have almost no tradition of what anyone would ever call democracy, though in some cases governments have pulled back and allowed their populace more expression in personal economic matters. That too is debatable. For odious governments such as Nepal, cracks are appearing. Smartphone adoption continues apace, as does internet access generally. Add to those its young population, some 40 percent under 20 years, and there’s a recipe for crypto.

Prohibition, in the sense Mr. Smith might be thinking, almost always only impacts those without the means to subvert laws. That’s not as true when it comes to cryptocurrency. Whatever else its positives, all anyone needs is a $20 Android phone and they’re immediately able to participate in a huge transfer of wealth. Governments can shut down websites; they can arrest exchange owners; they can make onboarding hell; they can tax it as capital gains. Governments cannot stop an idea whose time has come.

Source: https://news.bitcoin.com/the-futility-of-government-bans-bitcoin-always-finds-a-way/

Btctalk name: gabbie2010
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I think it is always good for a newbie in bitcoin to start from faucets to solve captchas, personally I started from working on mrai and earning daily satoshis while working for onlinedragon in this forum we are usually paid daily for the previous day job and this really made a solid foundation for me in working earn to bitcoin.

InsurePal is aiming to deploy a blockchain based decentralized insurance platform and carving a niche in the latest peer-to-peer insurance using blockchain technology.
InsurePal crowsales is coming up Jan 16 which is 5 days to go, let us join hand and invest massively in this project which I belief is going to be successful.

Indeed you did a very good job and a nice concept by compiling those bounty campaigns in your blog although there is the need for you to translate that language to English so as to attract more visitors to your blog.
I counted 120 bounty campaigns in your blog which means you did a lot of research and work to be able to put them together.

Well the South Korean has taken a decision this will only has little or negligible impact on the price if bitcoin as we are experiencing now, recall the Chinese government took the same decision in 2017 which resulted in the temporary crashed in the price of bitcoin, which later recovered I am very optimistic and sure of recovery of the price after the sudden dip.