Nah, I wouldn't be sure of that, they already made a hard stance on ICO's already and not in a hundred years that they will change their call. They are totally eliminating crypto's already and its just a matter of time before targeting the bitcoin mining farms. This is probably fake news again, mate.

Unless, we see some official announcement from PBoC or some Chinese authority, I wouldn't put too much emphasize on this kind of news. Yeah, it will be good to the market if this is true, however, I don't see it happening.

I agree, because I have done it myself. I take loses on one coin, and then shift my capital to others and see if I can at least recover some and it did work because I was lucky enough to get in while the shitcoins is not yet being pump.

Its an effective method, but you need to be very careful specially the coins that you want to move, because in any case you lose again, then its a double whammy and its very difficult to get up again, unless you shell out additional capital. So the risk is x2 but if you made the right decision, then you can recover some and can probably book profit as well.

I don't think if you can call this that bottom, however, the price is really a good buying point. So I advise those who have extra money to at least test the market and get some and see how it goes. If the price still bottom in the next coming days then continue to buy in portions.

As the OP has said, if he is correct with his call then we might see some rally coming April and at least stabilizes around $9K-$10K which for me is a good price, of course continue to hold as we might see bull run in the latter part of Q2 and entering Q3 which based on history is the time when bitcoin pick up the price towards another all-time-high.

If I had my way, I'm more willing to shell out at least $1K to any coins, regardless if is on the top 10 or even to shitcoins. Because the more you invest the more profit you can make. And if you became lucky you can turn it out to like x10 your initial capital.


Exactly, just be ready  to loose your money any time in this game. As for me, I'm ok with losing my $1K as compare to losing it in gambling, wherein you literally have to chance to win many folds as compare to trading/investing. So make you own judgement call and see how it goes for you.

Then I guess its time for AMD, Nvidia to manufacture GPU's designed to mine ETH/ETC to compete against Bitmain new release. Would be exciting for those miners that at least we have a lot of options and the cheaper one will capture the most out of the miners.

And there's not much price difference though, its minor that's why I was surprise to see Wall Street Analyst look as if this is something big for both companies as they can adjust to Bitmain entering the picturing. I'm sure that they are already mitigating the risk and I wouldn't be surprise if they are going to release cards specific for ETH/ETC mining.

Yes, I agree that this year is very difficult for us as we continue to struggle day by day. Last year was different, we has so many positive news, like Japan, Australia coming into the picture and Bitcoin's fork and institutional investment joining the bandwagon.

But this year, so much negativity and attacks and FUD, we are still waiting for that one welcoming news that will trigger a bull run and see bitcoin going to 5 digits again. So right now all we can do is hope that one day we will see it happening. Yeah, I'm still hoping that the start of Q2 will be something big for us. So let's see how it goes.

I think we just went into another dip, and now below $8K again, Just checked like 6 hours ago and we are still above $8K but it looks like there is another panic that put pressure on the price again.

I think it will be really difficult to see the price go up in the next few days as there are still negative sentiments. Maybe the Binance news has something to do with the today's dip or something else.

Well I have been suspecting OKex 'faking" trading volumes when I opened up a account on them about 3 months ago. And this thread was somewhat validated my concerns. Nice OP.

But ever since I suspected something fishy going on, I immediately moved out. This Chinese exchanges really doesn't learn anything from last year's PBoC investigations on them and it seems they are still practicing it.

@magneto, have suggested, might be better to look at the Western counterpart if see if its only prevalent on our Asian friends only or such practice is being done in the West as well.

Manny Pacquiao - https://cryptovest.com/news/boxing-legend-manny-pacquiao-ventures-into-cryptos/

That is what you really called FOMO, I guess your friend is one of those irrational buyers back then that thinks it can still go up to around $30K-$50K. On the contrary, I was lucky enough to offload most of my stash during the peak and take home the profits and re-invest if possible.

I guess your friend can't do anything at this point but to hold and hope that we can still make a significant run at the end of the year. So at least to have break even on his investment.

This year is really different, it seems we can't go off the ground to go to the moon again because of a lot of FUD's and banning from countries in the world.

The problem is that too many people are easily swayed and for those newbies who are reading this thread, the title is somewhat misleading as I believed that the Mt. Gox trustee can't moved the coins without any court order so I don't know if this is a deliberate misinformation or someone is really manipulating the price from behind so that they can purchase cheap bitcoin.

And you will noticed that so called experts are seeing a price of $7K, which I don't think is possible as we have strong support at $8K levels.

If I remember correctly the bullish run from the end of March last year was brought about by the positive news that Japan will embrace bitcoin. That's news alone push the price of bitcoin to new heights from end of March up to April, when Japan official enter the picture. And the rest is history.

Currently, there's no positive news that is coming on the ecosystem, so I doubt that we will see a run this week, although some news may come but I don't know if that is enough to get the price to at least $9K before closing this month.

Exactly, before the trusty can moved out the coins he needed some court order to do that and that is on September. So I don't know how he was able to do such move.

I don't know, but I remember one member created a simple apps to track the movement. Here is it:

http://coindata.info/mtgox.php

I don't see any movement there as the balance is still 162105.84 (at least the remaining balance as far as I know).

As far as I know there is no implementation release date yet but it has its beta release on March 15. The devs are really trying to stress test the system so that we can say that it will be very stable when it will finally be rolled out.

Yea, totally agree with you that it will really push bitcoin and maybe see another massive bull run. But I disagree with your thoughts of seeing bitcoin going to $6500. There are strong support at $8500 already so I don't think it will go further than $7K-$7500.

Well Bitcoin is good for long term so why invest right now when the price is still very cheap and see it grow exponentially in the next couple of years?

TRON (TRX) - $0.047456 USD (0.79%) as per coinmarketcap.

Is the pump started to unfold now? 

I don't know if this news is true, but I will be very cautious and not to be trap. I'm not saying that the OP is lying, but its possible for Tron to get to 1 USD because the price is almost half of it.

However, if they just pumped it 1 USD you will get a small profit because its only close to X2 of the current price. And yeah I agree with @BitcoinHodler pump groups supposed to be closed and secretive, how the hell you are spilling the beans? Or are you just trolling us?

And now the market seems to go RED, lol talking about volatility. I don't know what many billions are slashed right now but it looks like another weekend cashing out though.

Let's see in Monday if we can gain and at least try to test $9K again so that as least we will be on a good ending note for the month of March. But don't look for a big rally though, the market is really so volatile and investors still reluctant to throw cash in the ecosystem.

I don't think they are draining, its that its easier for us, casual traders to put just a small amount of capital to some shitcoins and wait for pump-and-dump and then get the profit.

As far as big altcoins, they are somewhat affected by the price movement of bitcoin, that's why they are also suffering as well. So investors is still reluctant to invest on them but would rather go for small risk high rewards shit coins. But I'm sure that when the top altcoins started to be pump again, investors will suddenly shift their funds or the profit they got from shit coins. I'm sure of that.

For me this is already win-win situation for Horn:

1. If he wins, he will have that needed recognition that he was hoping for because every boxing fans think that he really lose the fight against pacquiao
2. if he loses, even though he will not be the household name in boxing, at least this is a stepping stone for him to fight in the US soil and it only means more $$$.

I would like to join if there's still spot for Senior Member:

Bitcointalk username: Yaunfitda
Rank: Senior Member
Current post count: 532 + 1
Bitcoin address: bc1qpq4gnjv9yqs6ljh4pv3u39wz7kp63mvvv6sfvp

Will update once accepted.

Edit: updated everything, Avatar will take some time to load though.

I think so. This last 3 days was a good sign that we are at least heading to test the $10K price at the end of the week so I guess we can call it a bull run already.

The question is that are we not in another bull trap? We have seen similar incidence from the past that we thought that we are out of the woods but suddenly dumping occurs and the eventual domino effect of panic selling.

Let's see how it pans out and do hope that this is just a start of the bull run that we all have been waiting for.