It went as high as $.080-$1.00 if I'm not mistaken last January 2018 and soon followed by a lot dumping, so just like the rest of cryptocoins, it also suffered a huge lost but it doesn't mean that it can't bounce back.

What are your plans though, going long?

As long as you just invested what you can afford to lose then I don't see any problem with that. As you have said it has a lot of potential so yes its a good coin to invest specially if you're it in for the long haul.

But at that point, bitcoin is really going on a parabolic rise that upon closely inspection, it was a bubble waiting to be burst. Some might not recognized it, but I'm assuming experienced traders and smart investors really knows what going up to that market at the end of 2017.


And this is where it gets more exciting, after the burst, people don't know what to do, they continue to sell offs pushing the price down to a all-time-low (ATL). So for those who are not familiar, there's also this thing called ATL, but don't be scared though, this market works on cycle so after the capitulation, we might see a good recovery, it may go on months or years, it doesn't matter, eventually we will go and hit another all-time-high.

It looks like Manny Pacquiao's returned in US is a success.

https://www.boxingscene.com/pacquiao-broner-show-tracking-toward-400000-ppv-buys--135645

I'm sure that Floyd is looking at this numbers to see if Manny has still the power to bring fans to watch him fight. But I don't know, I have a mix emotions still, I guess the ball is still on Floyd to make the decision. Seems Manny is already set, but Floyd? maybe a little bit hesitant to say the least.

Definitely low supply coins because of the potential to make it big down the line. But you also have to take in consideration the project itself though. Does it over real life usage? Who is managing from behind?


Exactly my point, perhaps those scammy projects know that lots of potential investors look at the supply that's why these scammers will go this route to bait a lot of investors, and the next thing we know, they exited already.

You started with the wrong foot here dude. Starting or offering a services with BoA name of it? I'm pretty sure you already see a lot of violent reactions here. lol.

We already have a lot of trusted escrows here, and if you wanted to become one, I think you need to fall in line because this community have seen so much scams that everyone is really attentive specially coming from a newbie account, sorry to burst the bubble for you.

.

https://cryptonews.com/news/after-cryptopia-hack-2-000-wallets-still-might-be-at-risk-re-3247.htm

Here you go. So there's a lot of other exchanges involved as well. And its also interesting to note as per article:


What the hell? A exchange losing access to their wallets? It seems that Cryptopia has a lot of explaining to do with their investors and account holders as well.

Never heard of Bitforex, but it seems that most of the bounty tokens are being listed their so its cool for bounty hunters. And I'm surprised to hear them offering unverified accounts? So there's no KYC whatsoever?

Very interesting because lots of exchanges today are requiring KYC so I won't be surprised if they would also go that way just to stay afloat in this business. Its just a matter of time. But you touch a important factors though, trading volume, there's a lot of exchange who's practicing it, so personally that's a red flag for me, not a good sign that a exchange can be trusted.

I agree. There might be new users to fall for this trap so I wouldn't be surprise and its going to be a painful rude awakening for them, so be careful.

But its obviously a scam and those people behind are taking advantage of every situation. And if you look closely they only provided the wallets and not the private key as supposedly written in the email.

Do you honestly believed that China will allow its citizens to hoard a lot of crypto? Remember that China is still a communist country so I doubt that they will grant so much power to their people to iget in crypto. That article is an over exaggeration of China's involvement, they may allow it, but at certain point they will have to curb it out like what they did on ICO 2 years ago, so I doubt the veracity of any news regarding crypto coming from China, in my opinion.

Any article to share about the political turmoil in Venezuela getting resolved?

Do you have statistics to verify that indeed Venezuela holds as much as 15%-20%? Because I'm assuming that this is your argument in the beginning.

But If I have bitcoins stash somewhere else, I just wouldn't dump it right away just because the political problem has been resolved. Based on my experienced living in a country wherein a political dictator was ousted many years ago and a promise of a new system and change, our country still hasn't improved and corruption/inflation still exists even today. Not a smart moved for Venezuelan to "crazy dump".

I just laugh at the analogy but I guess it's true in some areas. 

You only don't need a entry strategy, but to mitigate and be satisfied, you have to plan for your exit strategy as well. I mean trading is very dangerous for those who are not familiar how crazy and unpredictable this market is, so if you're not prepared for the worst scenario, you might end up losing your mind as well.

Correct, I thought it was just a one day delayed, as initially reported. But its worst than expected, so we really need to wait and see how this whole fork will affect the miners and investors as well.

https://blockmanity.com/news/ethereum-developers-decide-to-activate-constantinople-hard-fork-on-february-27th-progpow-could-get-delayed/

So the new date is February 27, Its interesting to note that Feb 27 is the date wherein SEC will have to decide for the last time if Bitcoin ETF proposal by Van Eck/Solid X should be a go or no go.

Take note as well that the miners will received 2 ETH every time they find a new block as compare to 3 ETH prior to the fork, reducing the supply that might affect the price positively.

I guess there's no real animosity between the two, it was just the fans who really hype about the two boxers not liking each other.

They both love the sports of basketball so I'm not surprised by the encounter, if my memory serves me right, they also met in a game prior to the fight. I also agree that Mayweather is not interested to a rematch, and Pac needs to get his eye injury heal and wish him the best. I'm sure there's a lot of fight left in his contract, but I'm sure he will live and fight again with or w/o Floyd.

Exactly, the damage has been done, so I don't know if they can recover it though. Could be a legal battle, those who got it for sure will fight it off because it was a airdrop, and its not stealing. The company made a blunder and they have to pay the price for it.

Perhaps the question is, if you guys received it, Are you going to return it back?  

Everything is possible, however, I doubt that the price could go that low, $100? I don't think so. Bitcoin is not taking a breather now, and definitely we will see a increase eventually. The market works in cycle, so just take this opportunity to purchase and save bitcoin.


You also need to take into consideration electricity, maintenance and the hardware itself before we can speculate that India will mine bitcoin if the price goes to three digit.


Well, you don't have to buy full bitcoin. You can slowly accumulate, its one method one casual investors was able to save a lot of bitcoin. This is not a race, its a marathon, so start buying in small portions and you wouldn't notice that you have accumulated 1 BTC already.

There are a lot of crypto or blockchain friendly around the world.

[1] Estonia and the rest of the Baltic states - https://ormeuscoin.com/2017/11/11/estonia-becomes-cryptocurrency-leader-in-the-baltic-region/

[2] Australia - who followed Japan in July 2017 to embrace bitcoin as well. https://news.bitcoin.com/coastal-town-claims-to-be-first-digital-currency-friendly-in-australia/

[3] Singapore - a lot of blockchain company is using Singapore as this HQ in Asia. https://ethereumworldnews.com/singapore-determined-become-first-country-fully-embrace-cryptocurrencies-dlts/

Those countries are just some of the countries being involved in crypto/blockchain sphere in the last couple of years and I will not be surprised if other's follow suit as well, specially around the Asian-Pacific region.

STO hasn't take off, and yet you are asking for the survival rate?

I guess everyone is really afraid of something new, specially bounty hunters who joined in 2017 which netted them huge amount of money one way or another. So I'm would assume that majority doesn't like how the game has changed, but as the saying goes, "if you can't beat them, join them".

It may take some time before this whole STO will sinks in, but I'm sure bounty hunters will have no choice but to embrace and adapt it if they wanted to continue getting paid doing bounty campaigns.

Sadly though, there are a lot of noobs investors who is not educated how the market is being played specially by media and the whales. There are even reports that has been lost in translation causing lots of panic before but since the damage has been done, it's hard to reverse it as noobs already fall for the trap.

@Idrisu - This reality will continue to go as long as there are people willing to listen to crypto media. That's why we really need to be very careful and used our common sense. Better yet, take everything with a grain of salt and verify every news, imho.

But how can you buy today when the price keeps going on a flatline? I mean there's no volume whatsoever, so those newbies are really afraid because they don't want to suffer more loss at this worsening market situations.

As a investors we really need to weight the pros/cons of entering the market today, you just don't throw out money there, you need to be wise if you wanted to stay long in this game. There might be positive news coming around, but unless we see Bakkt getting approved, I'm not seeing the market recovers or experience a good price bump in the next couple of months.

A dissed track against bitcoin? Lmao.

He is just like any other noobs here thinking that bitcoin is a get rich scheme and then bail out when everything is not going their way. Anyways, I don't give a damn about this group though, they're just one hit wonders and I'm sure that when bitcoin goes on another bull run, they will again change their tune. Just another speculator who's wallet is hurting right now, lol.