As I have said in the previous thread, bitcoin can easily hit $2K this year. We don't know what time though, but for sure its possible for this year. But lets not argue when it gonna hit or even surpass $2K, it will be just a matter of time. Just continue to HODL Ethereum, not need to dump it because it has change a lot. Looks like good for long term hold similar to bitcoin.

Disagree, Ethereum has its own set of investors or shall we call fanboys. Both of them can have bullruns in the next coming weeks. Which means that investors are again flocking into the market because FOMO. As far as bitcoin getting to $20K? Its really possible, and it looks like its gaining momentum once more. Its possible that in Q1 alone bitcoin could have surpassed $20K already.

I haven't heard of Kuang Ren but is the guy legit? I mean does he's analysis hits the mark or what?

As far as Ethereum goes, nice to see if it actually breaks the 4 digit mark, because its currently stands at $997 though in coinmarketcap, maybe other trading platforms already surpasses it. I guess it can reach as high as $2K or even more in this year. Not only banking, but a lot of institutions and ICO's are pushing the price of Ethereum specially the beginning of December. So its look like this is a different landscape for Ethereum, although I  thought that it can really break into the 4 digit, but for me its too early.

Let's see how it goes though, their seems to be a renewed interest in this coin and it looks like smart contract is slowly sipping in different sectors specially in banking industry.

It doesn't matter when you buy bitcoin or any other altcoin. But you have to remember that you should be buying when the price is low, meaning its going red so that you can get it at a discounted price. So in this case you should have been bitcoin when the price is around $12K-$13K. Because if you are thinking of booking it today, you may have lost your chances of having a good profit because bitcoin is again going up as we speak.

Yes, you are correct but the problem is that if the OP didn't buy it when the price is really low then his chances of really getting a huge profit is minimal, if he is thinking of entering the market today because the price is almost touching $17K. Happy though to see that bitcoin is again moving on a positive direction, after almost 3 weeks of being bearish.

The market is based on speculation. A simple negative news will turn the price of bitcoin downward and same when a positive news comes in, the price goes up and everyone is very happy. One thing though, this is just how the market works. That's why you will hear some investors who doesn't want to enter the market because of its volatility, take for example Warren Buffett.

Exactly. There are still some manipulators behind that can forced the price to slide or if they wanted it to increased quickly, they can do it by pumping the coins and then they will suddenly dump it. But as more people or investors are pouring their cash, maybe those manipulators are having a hard time now as compare before when they have all the power to manipulate the price anytime they want.

Bitcointalk Username: Reatim
Rank: Sr. Member
Current post count: 313
BTC Address: 15U2xStSKXYEPh62iXTSjZXCrknTBUjcsE

Funny though that everytime that there is a correction, people thinks that is the best time to sell their coins. Wake up!!! The proper time to sell your coins is during the all-time-high and not during a correction. Newbies you should read all what the guys above me is telling. Better to HOLD. Bitcoin is for long term investment. If you think that because the price is going up, it will just go on forever. You guys are entering the bitcoin market and crying everytime you see a slight drop of price.

Very well said mate, correction is another picture that you have to account for, not just the price going up everyday. Sometimes the corrections that we all feared for will come, but if you have been in the market for a long time, you know that it will just goes through. The main thing is just hope and do not panic. Oh, another lessons here, since the price is dropping today, its better to enter once more. I know that there are still a lot of investors who are waiting and hoping for a correction. So another opportunity to buy it at a cheap price and just HODL because there might come a time that we are going to see another massive pump surpassing the ever goal of everyone, -$20K.

WTF are you talking about? Do you have any proof that bitcoin will go that low? What have you been smoking lately man?  

This is another paid schill trying to spread FUD. LOL. Do you think people here are gullible enough to be swayed by that kind of "sweet" talk?"

Most of us here doesn't think that bitcoin could go below $9K. Actually its not only bitcoin that is dropping, almost all of the altcoins are also bleeding. Which makes me think that investors are getting and pocketing profits. This open a opportunity for a lot of people who have been waiting for so many months to get into the picture today. They can get bitcoin as a discounted price.

You can spread your lies on other social media sites, but I don't think the members of this forum will just simply sell their bitcoin because someone told them so.

First off, welcome to the world of crypto. I'm sure that you are going to enjoy your stay here. I really like you attitude. Crypto is not for everyone. Specially those young people thinking that they will gain financial profit in a very short amount of time. Its better to save early when you are young, and enjoy the fruits later. Looks like you are mature enough for your age. Its really hard to save though, but if you are really focus on your goal, then nothing can stop you. Crypto will give you a opportunity to earn big if you know what you are doing. Learn from your mistakes and continue to reach your goals.

Yes, its base on speculation, the price moves very fast, volatile and unstable. Let me remind you of that. I don't care what the general UP population is going, you have a choice, join them and regret later, or save while you are still young and enjoy your life in the future. The choice is very easy.

Goodluck on your crypto journey and keep saving!!!

Thank you. Payment received. Looking to work with you again in the future.

Personally, I sort of regretting my bitcoin. It I just have the mentally to be strong and hold on it even for a year, I should have been millionaire by today's price. I have stocks that I been holding for more than 2 years, I question myself why I can't really hold bitcoin for at least 6 months?

I guess most of us here regretting as well. But its just part of our journey. I'm making new strategy for next year though, I will get a hardware wallet and put everything on them in small portions if ever there's a opportunity to get it at economical price and just let it there for a long time.

Not only that, the other thing that I regret worth mentioning is that I lost bitcoin before not from scam or Ponzi but I totally lost my wallet and my private key. Way back then when I was still a newbie about crypto and bitcoin.  

Really good to see another alternative forum beside this one. However, I hasn't seen anyone as well-known and talk about as bitcointalk.org. Maybe because the dear Satoshi is the founder of this forum and you can even see his profile and discussing about this famous creation. I don't know if there's something bigger than that mate. 

Although the features you mentioned is really very interesting and some of them are not available here. I know that your forum is still young, I advise you to learn how this forum began from nothing and now has more than 1 million users.

Goodluck though, hope you make some sort of promotion to attract potential community member. I might visit your site one day and see how it goes. 

Interesting figure indeed. Out of the 3 coins mentioned here, Only Verge is really taking off as of the moment. But if you are going to talk about being anonymous, there's no doubt that Monero and Zcash is a good coin for privacy minded individuals.

As far as John McAffee, I really don't know, this guy is eccentric and have made mind blowing predictions about bitcoin. Should we believed him? I don't think so. But being famous, I think his every statement will have a impact on the market as well. Let's see how it goes for Monero and Zcash, they haven't been pumped as of yet, compare to other coins you have been enjoying their largest jump for far like Ethereum and Litecoin.

As per coinmarketcap:

Zcash   $1,270,605,754      $447.76   -7.15%
Monero   $4,687,411,671      $302.82     -8.31%

I agree, its seems that when CME officially starts, the volatility is reduced to at extend although there are price daily price swings, but I noticed that the price would go on a flat line at the range mentioned above. But make no mistakes, this relatively slow lessened volatility will just be temporary. I can't see for certain though is this bitcoin futures contracts will make bitcoin more volatile, but we can at least factor them as far as where the price is going because right now they are really the main driver behind the current upward trend.

Well a lot of people are already flocking into the market, but I'm sure that there are still waiting to get through though. Bitcoin features includes is high volatility so I really doubt that it is over. And remember that it purely based on speculation, that alone its an ingredient in seeing the price being unstable as long as it exist.

The network is congested because bitcoin is gaining popularity, many people like you and me are doing transactions daily. But if you are in a hurry because you needed the money right away, then you should pay with the highest fees so that your transaction could be included in the next block. Problems solved. No name calling needed. Look at how the community reacts. I also have my transactions stuck in 3 days, causing me to lose money. But I didn't say that its a Ponzi or scam.

I would say that crypto is not for you mate. Go somewhere else and never come back. Or try altcoins, its been pumping lately and I'm sure they are all fast in terms of confirmations, or go to stock market. Let's see how will it go for you. And if it didn't work your way, call them scam or Ponzi as well. LOL.

Thanks for the warning, we are all aware that eventually, correction will happen. Corrections is just normal in any market and crypto's is no exception. It needs to adjust itself for it's overvaluation. Lately, we see the price goes to another level and sometimes it's really hard to understand why people are still buying at this rate, because sooner or later, it will go down and those who bought it at the top (highest price), will be trap.

I'm prepared and ready. And you are not the first one to really give us this fair warning. Although I hope that you have really a good intention for giving the community a fair warning. Because other's may see this as just another way of creating FUD around which we don't like because it causes panic specially to newbies.

We will cash out, but most of us, will still keep the money back to the ecosystem and will be buying it at a lower price when the correction happens. I cannot think of any investment right now that can give you back the amount of financial win that bitcoin or crypto's can give you. So why invest in others instruments?

OK. So this is one of the positive news that push Ripple to suddenly have a good jump in prices. To be honest, I was shocked to see Ripple on the #3 stop on coinmarketcap, astonishing 79% increased. Never seen any coins that quickly pump like that, except for shitcoins who will all know are just there for the all knowing pump-dump scheme.

Asian market is really the prime movers of crypto's. And it looks like they really making good decisions and selecting coins that has the potential to improved banks business model and to make like easier not only for them as well as their customers.

Its not all pump-dump now for the top coins, there's rationale behind all of the price increase today. Of course investors will still ride the waves to take profit whenever they can, but at least the prices is not artificially growing and not misleading the public on why the price is boosting and going to the moon.

I don't think that he is a stock market giant as Warren Buffett though. Speaking of Warren, did you just know that Crypto world is already worth more than his Berkshire? Amazing run.

It's possible. We don't know what made him talk about bitcoin specially lately that we have seen him attacking bitcoin. It could be that he want the price to go down deep and then purchase large quantity. Whales really want to create this stuff, by behind those bashes are intentions to buy back bitcoin at a discounted price.

LOL. That will be really funny. I assume he just missed the boat and didn't invest in crypto's. Remember Mark Cuban? He used to be anti-bitcoin but look at him now, he suddenly chance his stance and I'm sure that he already investment in bitcoin. They all said that its a bubble, but they can't really stop it, so they just joined the bandwagon and ride the waves.

From my view, it's gonna be very hard for us to cross $20K at the end of the year. I suppose when all this financial institutions came into picture, I noticed that we have less and decrease volatility. That's why the prices just keeps hovering in the $16K-17K in my opinion. To really push the price to $20K. Investors will really need to flock anew and flood the market with their cash. So I don't know if those financial institutions greatly bring positive effect on us or not.

This has been the price is last couple of days, although it's not going down, its not increasing as well as we expected to cross $20K at the end of the year. Well, CME will have the change now and see it this can push the price even further, but I wouldn't be surprise if they didn't. Looks like to me that the speculation around CME is already price in. I'm very bullish and positive but there's something I really saw when they all join in. Bitcoin price being quite stable is very surprising.

Sorry for your lost mate, but no one can really stop Ethereum going to the right now. I also lost as well when I convert some just a few weeks ago.

I believed so. Being the second top coins it should be valued as closed to $2K by now. But it seems to be having a hard time even breaking 4 digits. But it has a big probability to get it there if this upward trend will keep on. We have never seen Ethereum being push like this and it seems it still has more leg room to reach $1k.

There are a lot of reasons that Ethereum is growing today. One main driver of it is the UBS announcement of Ethereum based initiative.


https://cointelegraph.com/news/ethereum-surges-past-600-on-ubs-announcement-of-ethereum-based-initiative

This is really a big news for Ethereum. This should have happened years back because this coin has more features to offer as compare to bitcoin. But it looks like a lot of companies now has seen what smart contracts and Dapps can really do if they implemented it. So I'm betting that not only bitcoin but altcoins markets will bloom and expand in 2018.