It doesn't makes any difference if you made the right or wrong decision. Its already free money anyways, so where is the wrong decision here? I think what you regret is not holding because the price is above $1500.


But bitcoin didn't crash, however if you consider the price dropping to $13K a crash then you should have bought it at that price and enter the market once more. If you did they I don't think that he made the wrong decision dumping at $18K and re-buying at $13K because the price is above $16K once again.


Yes, their selling point is the big blocks they offered that can alleviate the current slow transaction high fees on bitcoin network. But that alone is not enough to swayed most investors to shift to them. There's a lot of money already poured into bitcoin market that its really hard to shift your coins because bitcoin is already a established name, if we want to call it. So bitcoin also gets my vote as far as investment (not p2p) is concern.

I have to disagree. Altcoins has a different market. There are a lot of hardcore altcoins investors who doesn't want to invest in bitcoin. So the market will not die down easily. And as much as investors flocking to the bitcoin ecosystem, there are also fresh blood being pump into the altcoin as well. Maybe bitcoin is really gaining a lot because of so much positive news around like the traditional financial institutions getting into the bitcoin picture.

But there are a lot of companies who are partnering themselves in altcoin like Microsoft, IBM and Accenture. And recently, Ethereum and IOTA is booming because of this news. So I doubt that altcoin will be dead, on the contrary it could boom next year.


If my memory serves me right. This year March - June is the best months for bitcoin. Ethereum hit its all-time-high during that time and a lot of altcoins also has a massive jump. Let's see next year though, but I'm counting that it will be the same.

Both bitcoin and altcoin need each other to survived, Its a perfect example of homogenous market.

What kind of question is this? Of course bitcoin can hit $100K but the question is when. You have to understand where Tony Vays, he is a huge investor of bitcoin, so it only make sense for him to create speculation that his investment will grow to millions or even billions in short span of time. So anything is possible in 2018, and if we are going to based on the current price, its really possible, its like x7 or x8 of the current price. Remember that bitcoin started this year at $700 and see what the current price is.


CME and CBOE has started it, and Nasdaq in Q2 2018. If this trend will really continue as what predicted by most analyst, $100K is really achievable. Let's see how it goes though, its too early to call and we don't want to be excited just by reading the news. A lot can happen. The prediction can go either way. What matter is how will you deal with it, so it anyone of you believed in this predictions then its better to hold starting today.

Everything is updated now. Thanks for the acceptance.

Mempool is clogged with more than 200K still unconfirmed. I also have struck transactions for the last 6 hours and I'm too have lost a significant amount already. However, I don't think that it will drop rapidly in the next few days. This correction is bound to happen, actually I believe that it could have happen much earlier, but people keeps on buying that's why we didn't see any obvious signs that there have been correction already, until today. Don't lose your mind, it will still continue to grow in the next coming days because we haven't seen bitcoin future contracts yet, which is scheduled on 10 December.

Until then, hold and don't cash out yet and please don't panic with this correction, it would be a minor one and will not have significant dent on the current price. Price could settle around $18K before the actual offering happen on 10 of December. And then CME will start as well on 18 of December. So we still have this two news drives the price up until the end of the year.

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Will update everything once accepted.

Crazy and madness is the correct term. This madness has just started and we are now at $18K. Would you imagine that? And judging by the rate and how investors are buying it specially in the Asian market alone, I would call all of this irrational. What I'm afraid is that when investors buying on top prices then suddenly we see corrections, I'm sure that they will go panic selling causing the price to suffer. I hope I'm wrong with my logic here.


Maybe, because I'm gonna repeat myself, we have seen irrational behavior from those investors who are buying in top price. And just maybe this behavior may still continue up until the first bitcoin future contracts starts on Dec 10 by CBOE and then Dec 11 by CME. Let's see how everything pans out though. And I don't think we can sustain all this madness.

Short term, of course a fall back will happen, its just the question on when, or even how can someone take it when they all buy at the top price. LOL. Its almost $18K looking at coinmarketcap, the price is really going up and its scary, at least to me. Can't really fathom that idea that we are going to break $20K this year because of all the bitcoin future contracts madness. It's really the main driver now. Dec 10 and Dec 18 are another milestones for bitcoin. So expect the price to continue around this date and maybe we will see if this is sustainable or not.

Just to answer the OP, I don't see any fall back up until Dec. 18. But if this bitcoin future contracts turns out to be not good to our ecosystem, I'm then expecting a slight fall back to ~$10K, but if investors keeps on buying because they don't want to miss out (FOMO), then we might hit more than $20K at the end of the year. So just continue to Hold, its the best and logical choice we have.

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.