There is no right or wrong value. They are real in terms of that particular exchange. As far as the factors why they are different, its only specific to them, like buying/selling orders, how much they fee's they charge, volumes of transactions and so on.


Right. That's why we can practice it. The price different between two trading platform is taken into account then you can place your buy/sell order, your profit is the difference between the exchanges bitcoin prices. You can buy low at one exchange and sell it higher at the other side.

It means that you may have invested on some shitcoin. And it looks like you are trap and didn't get out on time. But I'm sure you learn from your mistakes, never invest on shitcoins, just put your money in the top 1-10 altcoins. Its better to buy them and hold for long term. And as far as disappointment, I'll be honest that I've been hundreds of time. But I always wake up looking at the positive side of trading. Because I know that I will not always win, sometimes I have to take a lost and go back to zero again. It's a long process, just taking one baby steps at a time will do.


Exactly, learn from our mistakes, then strategies. We also needs to evolve as well and not be tied with the old and traditional way of trading because crypto market is very different. The wild price swings, bearish market and a lot that you don't see on a stock market.

Ethereum = smart contracts, better than bitcoin, not payment system but has Dapps, which helps developer to implement and build distributed applications.

Litecoin = almost similar with bitcoin. On a technical level, Bitcoin uses SHA-256 while Litecoin Scrypt

As for which coin is valuable, no doubt that ETH beats LTC bigtime. As per coinmarketcap:

ETH = $40,087,398,170
LTC = $5,190,101,675   

Although marketcap is not significant but you can see that ETH is light years in terms of investors money. So in conclusion, ETH is more valuable, more investors have renewed their interest on this coin at the end of November so I guess it can go up to $500, which is a big accomplishment already. I don't think LTC can reach its peak next year, around $150-$200 will be its top price, but its gonna be hard before it can get to that price.

Yes, its based on speculation, but that's what we love about it. High risk, high rewards, nothing's new with other markets as well. LOL. Just look at the current price and you will see that there are people more willing take the risk. I don't know how it needs to be in line with a nation's economic growth though. But if people are willing to risk to get huge rewards then this unpredictable price behavior will suit any human.


I think is paying dividend in the price is increasing. If you buy bitcoin at $700 a pop last January and just store it and let it sit in your wallet until today, you will have getting profits because the current market price is $14K. so you have made a lot of profit by now. But I have to agree that ICO's are pure scam, no doubt about it, but there at few who isn't.


I tend to disagree that bitcoin is a scam. Its probably based on speculation, but it's not designed to scam people. As for regulations, I agree at some point maybe a government controlled is needed, but we can't deny the fact that how much negativity you have on bitcoin, its can't be stop specially will financial institutions driving the price to go up like what we are witnessing right now.

Again, the argument that bitcoin is designed to used by criminals is not correct. They can't hide through bitcoin because it's pseudo-anonymous, meaning they can be tracked in blockchain. Although its sad that they find this exploit in a sense, sooner or later law enforcement will find those criminals hiding under the crypto wall. And how about people committing crimes using fiat? It doesn't make any difference, bitcoin fiat, criminals will be criminals.

The same with hackers, if we don't do our duty to protect our bitcoin, like having strong password, 2FA  - phishing attempts can't be prevented. Having bitcoin is being our own bank. We need to secure it.

Yes, bitcoin is very controversial in my opinion, decentralized, unregulated, that's why a lot of governments is banning it. Central banks are afraid of it because they are threaten. Just look at how many bankers are attacking bitcoin and calling it a fraud.

But can they stop it? NO.

In terms of what? Marketcap?


But we all know that marketcap is not significant right? And often very misleading.

Its just: Price x The total coins in circulation

We also have to check other factors as well like the volume of transaction, its current market price, number of supply and total number of coins in circulation. Plus each has each different audience: Bitcoin Cash = money system, Ethereum = Smart Contracts.

With that said, I don't think that Bitcoin Cash can overrun Ethereum just by looking at the marketcap. Also there's the issue of Bitcoin Cash as pump-and-dump by the those people who manipulates from behind. Short term: Maybe, but Long Term: I doubt it.

LOL. Bitcoin is decentralized and no one controls it. And yes the price go up dramatically in the last couple of days. And now its even higher and trading above $13K. Isn't it great?

What drove this price is the basic supply and demand. Is the demand is huge and the supply is limited prices go up now only in bitcoin but in other commodities as well. So where are the demand coming from specially today? The answer:

>>Bitcoin futures contracts

A lot of financial institutions such as CBOE, CME and Nasdaq and offering it to their clients. This news drove institutional investors to buy more bitcoin in anticipation of this kind of offers.

>>Bitcoin is now becoming more popular

It has now becoming popular and widely known around the world. People are getting bitcoin because it serves as a store of wealth specially if you are going to hold it for long term. So there's a lot of visibility for bitcoin  pushing the price to new levels and gains this year alone.

Bitcoin is not yet getting in a serious crash, not in the future and not gong to drop at $6000. But if ever there is a crash in bitcoin, altcoin gain, it how the market works, investors shift their funds from bitcoin to altcoin to leverage their lost because of the crash. That's how I will do if bitcoin goes down hard.

However, there's also instance that even if bitcoin crash, the price of altcoin doesn't move that much and actually it also take a dip. So I conclude that its really hard to predict their movement and those correlation as somewhat moot point for me. That's why this crypto market is very different from any market that we have saw or experienced. Hard to see their correlation. So its better not to think of it, just buy altcoins in dip, don't make things complicated.

I also see the correction earlier, and I said to myself that this is what we are all we've been waiting for. So that we can buy in this kind of dips. However, as quickly as bitcoin retracted it soon was on track again. I have a feeling that a lot of people are really watching bitcoin coin that a slight disturbance on the price will immediately resulted on a buying point.

I guess it's really different now when we hit $10K, all eyes are watching, and with the positive sentiments still up in the air people are really interested getting into the market as soon as they can. So hold off all predictions on a crash. What we see is just a correction which was necessary but we are above $11,3xx once again folks. The demand is really high that I don't see a crash happening in the coming days.

With all this upcoming forks, its becoming ridiculous and sometimes I think that this people are making a joke out of bitcoin. I assumed with all of this forks, most of them will just failed at the end because they are just doing it to create cash for the devs and investors who are in for the pump-and-dump scheme. And don't forget about the exchanges as well, who will pocketing another huge sums of money that's why they supported this kind of fork.

They said that they are going to all of this fork to improved bitcoin like having big blocks, but bitcoin remains at the top and most the blocks have been unused. I believed that this fork will never stop in creating another "variant" of bitcoin offering improvement but somehow I think most of them are just to "scam" people.

If you think that bitcoin is anonymous, think again. It's been explained multiple times that it is not the case. There is blockchain that can tracked all your movement. That's why there's mixing services as well, too provide you a layer of protection. And there is chain analysis:

https://www.chainalysis.com/

There is no doubt that bitcoin has been used by criminals to purchase illegal items in the dark web, but I assumed that they are very clever in hiding and maybe using other coins which is more anonymous like Monero, ZCash or even Dash, which makes it more harder for authorities to link and put a name on addresses.

But I guess if you don't deal with criminality with your hard earn bitcoins, you shouldn't be worry at all.

With that said, I think they already put into rest speculations about Chinese bitcoin trading platforms opening its door once more. Chinese authorities decided to ban digital currencies as part of a plan for reducing the country's financial risks. But how did bitcoin really become a financial risk to the Chinese government? I would understand banning ICO's because there's a lot of scams out there, but shutting down bitcoin exchanges? I really don't know.

I have a feeling that the Chinese government is really feeling threaten by bitcoin growing everyday and they can't contained it in the future that's why they have to make a drastic move last September. But seeing bitcoin die as he portray it is out of context. It would never die and will continue to flourish.

Sorry for your lost mate. Here is the info that I found about that website:

Updated Date: 2017-11-30T18:08:47Z
Creation Date: 2017-06-29T18:40:22Z

Take note of the last updated date. It's the same time as you have said it was down. And I don't think that they are going to be operational soon. I think they have scam a lot of people already that why they have pulled an exit strategy. Its gonna be a hard lessons to swallow. Always think that there are a lot of scammers now in the crypto because they are taking advantage of the popularity specially bitcoin mining hardware.

Next time just order to the manufacture itself and thanks for giving the community a warning. I think those scammers would just buy some domain names from namecheap.com and start all over again. So beware.

I don't know what extent bitcoin has been to Indonesians, but I will assume that most of them are really looking at bitcoin as a day job because they are really earning profits from their trading and signature campaigns here and they even getting as high as x2 of their average monthly salary.

So in my opinion, it will really put a lot of Indonesian on a situation that their main source of income will be gone when they government decided against bitcoin. It will be tough to face that situation. It will be a very unfortunate event for them. But just like what the Chinese did after their government put a clamp, OTC or localbitcoins would be a good options for those Indonesians who want to continue with engaging in bitcoin trade.

Russia is really ripe for putting up a mining farm because the place is cold like China and electricity is very cheap as well. But the problem with Russia is that they are not friendly to bitcoin. It's already evident by the "contradicting" statement they are releasing. So if I where you I will not look at Russia as another option. To many politics also, and how do you know that they are legalizing mining and ICO in Russia? care to share you source?

As for China, Yes, its the best option for you. Bitcoin mining farm is thriving in Chinese provinces and we haven't heard that they are snapping on bitcoin mining farm, not yet. So you still have the time to established one in there.

Canada is a another option as what members says, Manitoba has a good weather that is ripe of doing mining. And if you are a US citizens, no language barrier. If you are going to deal with the Chinese, maybe a few will be lost in translation.  I advise you keep your options open dude and not just look for China.

Username: Yaunfitda
Post Count: 272
BTC Address: 1CaBDSUQHzi2HKTy88UVgwWJegvnKZRWWT

And with the news the CME has finalized the date for its futures contracts, I doubt that bitcoin could go down to $7K levels. Yes, support level is at least $9.2K and I don't think that we can get to that level again. I said that when bitcoin reaches the much anticipated 5 digits, it will stay and it will just the beginning of a new horizon.

And now with the CME news, we are going to see bitcoin going up until the end of the year. No significant negative effect along the way but we still need to be cautious though. As we all know that a single FUD could trigger panic amongst investors.

Maybe we can get to $13K as you have predicted, or even higher than that. I think the tops could go as high at $15K if investors would remain bullish and traders shifting some of their reserved altcoins to bitcoin so that they can get profit. Remains to be seen though.

What do you mean coming down? Bitcoin price going down this Christmas season? You sure about that? Did you check the history of bitcoin? Last year, bitcoin was in a massive bull run culminating in Christmas and New Years Eve. That's why when 2017 opens bitcoin has somewhat gaining attention from some investors and media alike. But media has putting bitcoin in the bad limelight then. The picture bitcoin as used by criminals, ponzi scheme and HYIP.

But look at the sudden U-turn by media attention now, then now look at bitcoin as a form investment and even some financial institutions are also riding in the popularity of bitcoin by offering futures like CME and NASDAQ. So I don't think that bitcoin price will go down, on the contrary it can even go further above the $10K values that we are seeing right now.

I have a nice laugh reading your comment. Its obvious that this guy is really a paid shills and now he disappears after bitcoin cash the bitcoin dump. He doesn't have any analysis because he is simply creating a lot of FUD here to push newbies to sell their bitcoin and shift to bitcoin cash. Just sad for some who really bought bitcoin cash at the top and now they are regretting why they listen to this kind of (stupidity)FUD.

Right now bitcoin has experiencing roller coaster ride but remains above $10K which is very good and the future really looks bright. Again, He will not learned from his mistakes. He will continue to do so specially when bitcoin again hits a wall and dip. But I'm sure that everyone that look at his post history will really tell that he is out to create FUD for bitcoin holders. So be aware guys.

Yes, both of those price are really ripe for selling. I believed some of the traders already dump some of their bitcoin stash that's why we see price correction in the last couple of days. You can't blame them. The price is too hard and too tempting not to get at least a profit and enjoy it with your families. It feesl good to get your reward of HODLing bitcoin for so long. Nothing is wrong about it.


I will always do withdraw my bitcoin and re-invest it somewhere though. But there are times that I hold. I sold at around $9600 then $10600, I'm extremely happy when I did it. I was asleep when it touches $11,000 though, I should have sold some as well. LOL. I understand your point, if you don't need the money then why withdraw? Its that I also need some fiat and for my other investments. (not crypto or stock related).