Bitcoin Talk Name: Yaunfitda
Bitcoin Talk Profile: https://bitcointalk.org/index.php?action=profile;u=665441
Rank: Snr Member
Post Count (including this post): 423
BTC Address: 1CaBDSUQHzi2HKTy88UVgwWJegvnKZRWWT
ETH Address: 0x450c702cF1b5b19587058C1bEf277bf18188CB0f

I was mislead by the subject of your thread. lol.

No. I'm not afraid that crypto will end this February. On the contrary I think February is the start of something big for all of us. It will be a good month and I speculate that it will bring positive outlook from all of this bleeding that we are seeing right now.

Yes, this is just another barrier or barricade that's in front of us. Its not easy to break it but this hindrance can be overcome if we are not going to panic sell. This is just another day at the office.

Its not over yet by a long shot. The market is still suffering as of the moment. The marketcap is still down, we need to get at least $500-$600M to be safe. Its still a long road ahead of us, there's still room for growth in 2018. Not worried about this market crash because I believed that it will bounce back and will hit another $20K.

Its really hard lessons for everyone this January. If you are too weak then I'm sure you have sold all your bitcoins and crypto. But if you have that strong hand and you have control of your emotions and know that this is just temporary test, then I'm sure that 6 months from now we all be gonna happy to Hodl and withstand this turbulence.

Remains to be seen. But I think we are still in the bottom at $8500 per coinmarketcap. Those fake news really spread like wildfires causing panic amongst investors. I'm sure that the weak hands is shaken, down and out. Strong hands always prevails. Too early to tell if we are bouncing back or is still another bull trap.

Market though is just above $400M. Need a lot of work to further push the price above $10K. Let's see if February will be a good month. Just frustrating as to what transpired in January, and I hope that we can get over this hump and move forward again.

Its too early to tell. We need to wait and see if it settles around the $9K vicinity. It doesn't have support levels and it easily broken. Still a good chance to buy and enter the market though and maximize gains. we should consider ourselves lucky because we have witness this opportunity to buy while they are cheap.


But the price is cheap and its a win-win situation. The $20K rush is different. There are a lot of irrational buyers at that time. No need to wait till the price bottom as no one really know how low can still go.

Facebook has officially ban ICO or anything related to crypto advertisement. What will happen? Nothing, they can still promote their ICO to other social media sites, or even in other crypto related websites.

Mark Z. goals is to prevent facebook users from investing on ICO scams. But this is not a direct attack to bitcoin or crypto itself. I also don't think it will negatively affect the price as well. The current price dip has something to do with India's news that they are regulating crypto.

Correct. Don't blame it on bitcoin mate. No one is mining bitcoin with GPU nowadays. Put the blame on altcoins.


I think they used manufacture to board then. One for gamers only and two for mining specifics. Its still gonna be a win win situation for them and for their customers. This crypto market really change the landscape of many business. But its all good at the end. Need to adapt otherwise you will become obsolete.

This is not a new. The government already stated a few months back that cyrpto is not legal tender but they don't have regulatory body to declare that its illegal to own crypto. Even RBI says that its not illegal. The OP is really trolling and I'm sure that he has been paid handsomely to spread fear amongst the community.

This is not the cause of the current market crash for me. There's some deeper reason behind that we still unable to uncover as of this time. China, South Korea or India's news are over now. When things settles down in the next couple of days we will see what causes this fall. Not just pure FUD.

The worst thing you can do today is to dump your bitcoins because the price is going down. Yes, its really worry me as well, however, I look at the bright side, this is the time to buy and acquire it in large volumes because the price is very cheap. And then just wait for a few months and wait for the rocket to fire.

Its bloody and messy right now, lots of panic selling but you have to remember that is just a minor setback. A lot of governments are not putting a fence against crypto and there's a lot of FUD that cause the price to reverse, however, I can still see that we can overcome all of this and at long term the price could rally and go past 5 digits again.

But this is still a good catch though. I don't know if those "savvy followers" have really inside information on when the coins will be listed on an exchange. Please take note that I used the term "insider information", which is very fraudulent to begin with. One event that can really put the price to the next level is being listed on a top trading platform. I saw a lot making gains like x10 or even x100.

How do I know? I have tokens that I bought at a cheap price, but I didn't hold that long until one day the devs suddenly announced that they are going to be listed on a exchange. Then boom, the price goes off the roof. Sadly I already dump it a few weeks ago.

With that said, I'm sure that you will make a lot of profit if you know when the coins are going to be listed and what exchanges they are going to be in the future.

Looks like you did get it at top price and then we suddenly went into this deep bleeding that why Ripple has been in the roller coaster ride. But for those who have bought the coins below $1 this is very welcoming and positive news to hear.

Although one of its drawback is that it's pre-mined, but I'm sure that it will get to closer once again to ETH in terms of marketcap. But to overtook bitcoin is a far fetched story, at least in my opinion.

Well this is what we call regulations. It really breaks one cadence of bitcoin and crypto's to remain anonymous. I think this is not a good move for some trading platforms to really require their users to submit personal identification. But as I have said governments are strictly intimidating exchange to implement it, otherwise they will be shutdown.

Its one way for the government to hunt and track you down in case you are thinking of using it as a blanket for your illegal activities. But I guess if you have nothing to hide then its not gonna be a big concern.

If you are into CARDANO for long term then why are you curious about it surpassing bitcoin or ethereum?

I absolutely didn't think that is possible to even get closer to the price of ethereum. There's so much hype around this coin and I have read its whitepaper but I totally lost it because of too much technical terms in it. LOL.

Yes, its a good coin to invest, but I don't think that it will go above bitcoin and ethereum price not even in the next 10 years or so.

I think you are talking about cloud mining, bitcoin doubler, HYiP and others which is pure scam.


Of course, never buy at top price. You should always buy when the price is cheap and hold in long term.


Not sure about this advise though. I assumed that there are a lot of members who hold bitcoins at 50%++ and the rest altcoins.


Yes. No brainer here.


Yes, we need to do our own homework. Check the team behind, whitepaper, road maps. Search the web for anything about the coin that you are going to invest and weight the risk.

---

And the golden rule: "Invest what you can afford to lose. Don't put your life savings on crypto. At least give yourself some buffer in case something went wrong with your investment.

As much as I'm very bullish about bitcoin, I don't see $100K to be possible this year. Even touching $20K is getting difficult, right now the price just took a nose dive below $10K. This bloodbath has been continuing since the start of the year that the top price I could see down the line is around $30K-$50K.

Your assumption is wrong at the very beginning, blockchain is not the same as bitcoin. Blockchain is the underlying technology behind it. So it doesn't mean that this technology will be used or applied into different sectors doesn't mean that bitcoin price will be affected and be push to $100K.

Its possible. Anything is possible is every element fall into the right places. You able to purchase a coins at a cheap price and then suddenly pump many times + luck. As far as I remember, there was a thread started by someone, same goal, to get 1 million USD and he was successful in about 8 months. He was able to get in those altcoins that suddenly blow in the last half of 2017. But he was a experience trader though.

It could really be a win-win situation for you. Nothing will be lost if you don't try it. I say, start today do your homework and research which coins has the potential to do x10, x100 before the end of the year.

That's why its better to diversify. When I say diversify, go for other options like stocks or mutual funds or bonds. So I say its better if you have that in your portfolio. Its really cause a concern seeing the market going into another bloodbath. Its been more than a month now since we are crypto winter and its somewhat frustrating that we are going in this direction.


Just go with the flow. If you have extra funds then its better to buy at this dip and stock up more and jus hold long term. Nothing beat that strategy if you are really for the long haul.

I understand your frustrations seeing the price of bitcoin going to $10K. I'll just advise you to just keep calm here. We are in a very volatile situation because of all the government crackdown. And I'm sure that you heard about the US regulators send subpoenas to Bitfinex and the company Tether for unknown reasons.

As for Korea, they say that they wouldn't put a trading ban. But rather will come up with strict regulations that will allow banks access to trading platforms' database for KYC/AML compliant.

As far as the price, I don't think that we can surpassed 2017. Started with < $1K and ended up above $13K. So its impossible to see the price jump so high this year.


Probably around $30K-$40K in my view. Will all the governments other the world against bitcoin and crypto, will really hard to see it getting to $50K. But hey, everything is possible, I'm just trying to be realistic here as far as the price goes.

How can those US citizens be so sure that you won't steal the tokens from them since you are going to created the wallet and you will know the password and the private key? This is one of the scammiest thing I ever heard in this community.

Its really hard to bypass the regulations for US citizens to join and invest on ICO. I'm sure sooner or later they will found out what you did, and you might regret your decisions later. There are a lot of legal implications that will get yourself in trouble. I'm sure that heavy penalties and worst jail time are to be expected.