I also believe whales are putting too much supply on the market to make the price fall. Maybe all these FUD about governments and regulations are making some investors be afraid to keep investing and holding... It also affects the price. Anyway, I still think the most probable reason is the first one (whales manipulating the market).

Theoretically the proper price is always the currently price in a decentralized system, but when whales manipulate the prices it doesn't seem very decentralized at all...

Congratulations for this bright idea! Introducing more currencies you make your site more interesting with high chances to bring old users that don't use the site anymore and new users as well.

I hope you add faucets for all these currencies and set On the investment feature for all currencies listed on your site... 

What legitimacy does Venezuela have to influence Crypto-Currency positively somehow? And "president" Nicolas Maduro? Come one...

I believe in South Korea the popular pression worked to change government's mind about Crypto-Currency. Because the Prime Minister and Justie Minister told in a conference that "a ban on cryptocurrency exchange was in the works", then a petition started and collected more than 200.000 signatures considerably fast. A conscious people don't accept anything so easily... Anyway, the war isn't won yet, regulations are coming!

Let's see how this hardware development will affect Crypto's market...

Interesting. In Ponzi schemes seems people are lead to invest there by some similar feeling. At beginning few guys join, then hit ROI, then tell others they hit ROI, the second wave of investors hit ROI as well, so the third wave of investors could be being leaded by this FOMO, they see others making big easy profit, so they despair themselves, because they want that profit too at all costs! Then the scam scheme crashes...


I think FOMO is when you don't think by yourself, when you don't invest consciously, but because others are doing this and you became euphoric and despaired to do the same without thinking about the consequences... If the result isn't bad, you were just lucky.

When you research about a project and put some effort on it to know if it's good or not, I'm not sure if it would be FOMO.

It's already time for the ascension of a new Social Media more decentralized. particularly, I was using that Social Media only because Crypto-Currency. That is a good place where you can find many content and enthusiasts. Without this, that site becomes worthless for me, I don't know about others... Censorship has started since a long time ago there... And not over Crypto-Currencies, but over some political groups that Facebook's agenda is fully against. Now seems Facebook has added another enemy on their list: Crypto-Currencies...

Keep investing in Bitcoins, don't be afraid. The drop in BTC price is a good opportunity to buy more coins and to prepare yourself for the next pump. Investing in AltCoins you are risking your money much more than just by investing in Bitcoins... I suggest you to always hold Bitcoin amounts, so you will always be prepared for a surprise pump, if it happens. Those who left Bitcoins for AltCoins can lose the opportunity...

If someone develops a bot like that I doubt he would let people use it without high investments. Someone could put $50 and make 0.5%-3.5% daily, the bot developer had a hard work just to earn $0.025-$0.175 comission from this investor? It would be total advantage for investors, but not for the developer. Someone who creates something so accurated like the hyphotetical bot you talk about would surely charge much more money to let people have access to it. And once many people have access to professional bots, the method becomes dryed like any other thing many people start 'milking'.

I believe the source of all troubles is inside the addicted gambler, otherwise, if gambling was the trouble's source, all the gamblers would be in debt and going to bankruptcy, it's not the case. The addicted one gambles because he is searching for something to make him feel complete and more satisfied in his life, but that never happens via gambling. It will just make the individual feel more and more frustrated on long term, with several unrecoverable losses.

It's bad. Bitcoin was working fine without these regulations years ago, now they want to introduce some uncomfortable requirements to control Crypto enthusiasts and watch them step by step. It's like Sauron's eye, always watching your movements.

At least let it be pseudo-anonymous like before...

I believe it will depend the country.

What someone theoretically shoud do where I live is to declare the amount of BTCs held on the government's site as "another goods".

You declare the number of coins you have, using the price you bought the coins. For amounts higher than +/- $10.600, it's required to pay 15% fee over the profit made. The profit's proof is the virtual transaction statements you must show.

If your money is on the virtual world only and you earned it on the virtual world, there isn't any issue, you won't have problems with the law, but when you start transacting money from real to virtual world and vice versa, especially in big amounts, the problem starts. Local authorities will want to know details about it, consequently, asking for fees... If you don't pay, they will probably send you a subpoena, resulting in fine payment or who knows... Jail?

That is why stores won't accept Bitcoin as payment soon. But it doesn't mean these issues will remain forever. The confirmation time and high fees issues aren't impossible to be solved as technology advances and become more powerful and intelligent. I agree with you, for now it's not interesting for buyers, neither for sellers, so as I said on the first post: Mass adoption at this moment is impossible.

Yes, there is the risk of being hacked, but it's possible to avoid it. You can store your coins in a computer without internet access for an example. And you may say: Ah, but the computer can break. It's true, it's impossible to reach 100% security, but we can reach 99% at least...
Otherwise, risks (currency's volatility) aren't possible to avoid in any way, it's a fixed percentage of risk for everyone.

Personally I wouldn't, the chances are too low for the amount I would have to "invest".


Yes, even not being an ICO's fan, it would be much better than lottery. At least in case of loss it wouldn't be total like in lottery and other gambling games. Lotteries are very common too, almost every country must have this, even on those countries where gambling is forbidden there is lottery (and much cheaper than 0.01 BTC to buy a ticket...). ICOs have more chance to success, on the virtual world there are more people looking for this than for lotteries.

It's impossible, many Bitcoin enthusiasts need to deal in their daily lives with people that don't know what Bitcoin is. Most places don't accept it and won't accept it so fast like we would like. It's not a problem at all, in the future many stores will accept it, we are just in the middle of the process, it's not the right time yet to have most stores accepting Bitcoin as payment method. Everything is happening on its right time...

Security depends how you are storing your money, which wallet you are using, and it's not so easy for everyone, as people who have weak machines won't have the same security measures someone who has a strong machine... The risk is more related to the volatility of this currency. It's a risky investment for everyone, as everyone is taking the same risk, but it can be more or less secure for me than for you, depending how I store my coins.

Thinking this way it's a good opportunity for new people adquire their first coins for a reasonable price, an optmistic point of view. But I think from another perspective too: BTC was skyrocketing in the end of 2017, many people bought BTCs for $14.000-16.000, or even $19.000, who knows... They were expecting BTC to continue on that trend and to recover their money fast with profits and it didn't happen, their progress is deeply negative. So these people are a bit worried about Bitcoin at this moment and that is the kind of opinion they will spread...

I prefer BTC/USD (or instead of USD, my local currency). This way I avoid the AltCoins fluctuations, better to have a stable currency as "checkpoint". However, I don't do this in a daily basis, I trade only when I see a safe opportunity. It means I enter the game only when BTC is losing some considerable strength (like now), and I sell when I think the profit is enough for me... I don't know about any secret strategies and I don't think anyone will reveal it if they know one, otherwise it wouldn't be a secret strategy. 

Why isn't it profitable anymore? Sometimes things slow down, but it doesn't mean it became worthless (if we are talking about a trustworthy currency).
My strategy is just the old and good traditonal one, to hold Bitcoins and few main AltCoins, without focusing in daily/monthly trading, but just waiting for the right moment to make some profit and start the strategy over again.

They claim it's because some people don't know when to stop, so all the rest must suffer together by not being allowed to gamble.
Another excuse is the religious appeal.

I believe the main point is that casinos can be used as laundering money method, so governments prefer to not legalize casinos, what could let them collect taxes from gambling than allowing it and having some guys laundering money...

The government is well known as the most worthless and parasitic partnership someone can have,
and do you want to know the worse part of it? This partnership is a must!

With these regulations everyone will become their Crypto workers, having to share profit with them while they do nothing.
Only without the need to exchange money into fiat we will have the option to live near anonymity, otherwise they will keep ordering us anything they want, we will have to accept it and some others will blame us if we try questionating them about these regulations...