Cryptocurrency has proven to be a good option against hyperinflation, especially in Venezuela case, due to US government and international trade sanctions.
Venezuela gov have some way to stockpiling cryptocurrencies via the collection of taxes in cryptocurrency, sell Petro in exchange for bitcoin and litecoin, people can buy airline tickets and amenities using cryptocurrencies and the Petro such as for Passport, licenses, fines, plates, and titles.
They simply use bitcoin, ethereum, BNB, and litecoin to circumventing financial blockades to selling energy resources.
on the one hand, it is a good use of cryptocurrency, on the other hand, it is quite sad for them to struggle through all these schemes because of the Maduro's regime.

Yes, thank you for the summarize, maybe next time a good thing to cite all the article for better reading comprehension.
So we can judge whether it has good content or just a vaunt looking for the subscriber, as we can get such content on many webs and there are tons of free article out there.
However, by the point "September is typically a bad month" makes me wonder, what is the correlation? it's not so relevant to be claimed "pro-exclusive" imho.
But, I do agree regarding Bakkt thing, like many other free articles mentions.

Bitcoin price tumbled under $8K on September 27th and has since slowly recovered back to prices between $8,200-$8,300.
Yeah, whenever bitcoin futures contract going to live, we will see such movement on the market, the timing of Bakkt and bitcoin price drop was relevant.
Despite it's related to Bakkt or not, we will see bitcoin prices will spike due to the fact that physically delivered futures require the actual purchase of bitcoins, which means that actual bitcoins are held in Bakkt’s warehouse and will be delivered at the expiry of the contract. Imagine, if you are one of those bitcoin futures investors or traders, you may want to buy bitcoin contract at the lower price and end up with the higher price at the moment it's delivered to you. Well, if you win the contract.
Bitcoin may enter the recovery zones by the year’s end. So, buy more bitcoin or hold on until then.

Yeah, because we have to pay at least $9.99 to access all "pro-exclusive" articles.  - Hold on! This is for Crypto Trader Pros Only! -


Just read this news and its state; Even with today’s sluggish crypto prices, the SHA-256 hashrate has remained unscathed and continues to show persistent growth.
Full article

Global recession? Not any time soon imo. We have seen some countries already in-or on the verge of recession, struggling to raise their annual GDP such as in Venezuela, Argentina, Brazil, and some has recovered such as Germany, Italy, UK, Japan.
According to The Guardian news, "Weaker growth in both advanced and developing countries means the possibility of a global recession in 2020 is a clear and present danger, the UN has warned.".
However, Joseph Stiglitz (Nobel winner in economics) said; the world economy began a severe slowdown, but there will be no crisis.

If during a recession fiat money loses value, then commodities like gold and bitcoin are more likely to get more demand and value as happened in Venezuela, it has been proven.

No doubt about bitcoin adoption in Japan since the government allows it, more exchanger like Rakuten joins the party is a good thing for sure.
But it's a different story in other countries, not all of them regulate bitcoin as a legal payment method due to some flaws and risk, look at bitcoin's ETF.
One thing for bitcoin mass adoption; only if the government state we can transact bitcoin on a daily basis such as in Japan, it still a long way to go for us who live outside those bitcoin-friendly countries.

The fact is bitcoin price goes up if there is some good news regarding bitcoin acceptance and development (in this case scale solution, i.e. LN).
Bitcoin spike since the end of 2017 (maybe November) and corrected on January 2018. Current price probably a fair price for bitcoin according to the two factor, acceptance and development. If LN can work so well, bitcoin may hold a new fair position above $10,000. But for now, $8-9K will be enough.

It's happening as many people can use bitcoin to purchase almost everything in the other side of the world even for a house, as long as there is a merchant or company that accept bitcoin payment, we have read all those news.

Fiat currencies won't disappear, every country will try the best to keep the value of fiat currency at any cost due to it's one of the identities of a nation.

Governments can't destroy bitcoin obviously as it's decentralized. But they can ban cryptocurrency, ban mining and ban exchanges and then it's over, such as happened in China.

China is a strict country, even the government block social media, google, youtube and many things including cryptocurrencies.
They don't want to adopt a technology which come from abroad, they want to invent and create their own technology in their way.
Actually, it's better if China ban cryptocurrency for good, so people will not fall to every negative news from china

Bitcoin seems in a down trend at the moment, maybe it will drop to $7K which is the best time to buy bitcoin.
People will compete to buy in the dip, hence the price will recover in a short time, consider $8K as a good price to enter the market if you want to hold bitcoin for 5 years.

It's not profitable if you just have few ASICs in your home, mining is a big business which require lots of resource and capital to get started.


There is no specific amount for everyone, it's depends on how much you have invested, electricity costs and bitcoin price.


Miners will stay for months without profit, maybe 3-6 months or at least a year for a big player. If mining doesn't cover electricity costs, new miners will suffer under a huge losses. But for some miners, it's a natural selection to get rid of incompetent miners and the rest will get more bitcoin.
Bitcoin will never die, not until the nuclear war takes place.

It happens all the time due to people always look at the ATH and want to invest in order to get easy profit in short term.
Bitcoin has declared died 251 times according to Bincoinobituaries but proven wrong, bitcoin will always come back and recover due to it has real usability as a digital currency with many advantages, at least better than traditional fiat currency which deflate over time.

I noticed bitcoin drop to $8600 as the lowest price, which mean it's time to buy bitcoin, discount time still here
There are several factors and fuds that affect people's decision to sell bitcoin or panic sell, it's a normal thing as it happen all the time in cypto world.
If you are an holder, don't let the market influence your decision, if you are a traders, this is a good thing as bitcoin will rebound and give more profits in the next few days.

"May" or probability isn't enough, if China regulators have decided to allows cryptocurrency trading or ICO again, bitcoin price will increase obviously as there are many investors in there.
But, miners and exchanges have moved out of the country, what makes them (China government) thinks that they (exchanges and miners) will come back to China? It takes a lot of resource and thousands of dollars even hundreds of dollars to establish new headquarters in the other countries such as HongKong, Singapore, Ireland or Canada.

You have to provide more information about what coins that you have deposited into cryptopia? or a txid will be useful.
If you sent bitcoin, maybe it's because the mempool which require high fee, but for altcoins, mostly just going smoothly.
Cryptopia still works due to the trading volume isn't so big, but when the time comes, this problem will be a common thing such as experienced by other big exchanges.


This is just a sign, imagine if they have more customers and bigger trading volume, more tickets will be submitted and Cryptopia may facing the same problem regarding their customer service.

Please everyone, do not just read the tittle and then reply without read some posts above.
Stop beat the dead horse.

Moderator or Op, Please lock this thread

I definitely recommend this guy to help you with escrow service,
He has competitive fee for escrow and you can count on him.

For investors and traders, they know it's a great time to buy more coins at a cheaper rate, all of those coins are on discount right now.
We know the potential of bitcoin and some altcoins which have reached a higher price, it just a normal correction at the moment but most cryptocurrencies already starts to recovers at the moment, just check on cmc and you will see most of the coins has green indicators.

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Every exchange has to maintain their site due to the current situation where people in rush to register into several exchanges, even some exchanges have halted new registers.


If Kraken really got hacked, it's a doomsday for their customers. Do not put all eggs in one basket is the right words for this situation, honestly I just put less than $500 in exchanges, just in case such situation happens. Just deposit, do your trading and then withdraw your funds

Bitcoin can't be hacked obviously, however there are several ways to access your wallet or exchange wallet as happened before. For example, we can see bitcoin addresses, doesn't mean we can access the coins, unless you have the private keys or malware get into your devices.