Of course why would someone buy expensive Bitcoin when you can get it a discount? It just doesn't make any sense. Not just Bitcoin but other crypto currency as well.

The problem is that we didn't know the discounted price, (bottom) that's why majority is still holding back, but I'm sure that when the price reaches <$4K, a lot of investors will have a panic buying. Lol. So let's see how everything goes if Bitcoin will continue its downtrend or not.

ETP - Exchange Traded Product

As per Investopedia:


https://www.investopedia.com/terms/e/exchange-traded-products-etp.asp

As far as I know the Swiss ETP, they will have a ticker holder of "HODL". So as per definition, the price could be derived from the price of Bitcoin and other altcoins as well, so its a basket of assets so to speak.

Of course who will forget about that? He made a big fuss about his prediction and all eyes are on this guy. But if you look closely, John McAfee is just a influencer, his trying to trick people to buy more bitcoins because I'm sure that he has tons of them stash somewhere.

But for smart investor, they're just laughing at this guy's prediction. Yes we believed that bitcoin might get to $1 m, but with that short amount of time? I don't think so.

I don't think we can get rid of Bitcoin influence of Altcoins because come to think of it, altcoins has been with us for as long as Bitcoin is, and yet when bitcoin goes down, so as the majority of altcoins and shitcoins.

So the correlation will still be there no matter how you spin it. Remember this shit started with Bitcoin Cash hash war and yet it spills over to almost the majority of the coins including Bitcoin. And just look at how the market is today, its all green meaning when people buy bitcoin back, all other coins are enjoying such support as well. So its really hard for altcoins not to be affected by Bitcoin price movement or for Altcoin to move away from Bitcoin price influence.

I think if you're going to look at the previous bearish market, its a lot worst than what we are seeing and yet people didn't abandon bitcoin but they just HODL on it and I'm sure many of them make tons of money in 2017.

If I'm in your shoes, I wouldn't look at the downside as something negative, but take the opportunity to accumulate at this very moment and let your bitcoin sits on your hardware wallet or in your Bitcoin core or Electrum and wait in 2019-2020 and see how your investment goes.

We really need to be positive at this point. We didn't see this coming, the Jihan/Ver against CW mess was totally unexpected, but what can we do? If their war will drag us down to $1k so be it. But if you're a smart investors, you can start accumulating bitcoin at a cheap price and just hold, easy peasy.

For me the recovery starts somewhere in 2019, but remember we still have the BAKKT offering in December, so it might be a good catalyst for another reversal. So it is still not over yet, just be cool and calm we have been here so many times before and bitcoin proves it can bounce back and go higher as its previous all-time-high.

Yes, those 2 idiots are dragging us down as of the moment and then followed by speculators (newbies) panicking seeing their wallet value dwindling down.

So we're caught up in the mess those two has started and there's no one who can tell when this will end. We have seen the lowest price (53 weeks all-time-low) and we may have to see it going south for the next couple of weeks. So its probably the 2019-2020 when we will see a good bounce back.

To be honest, I'm also frustrated regarding the market conditions. I mean we went from $19k->$6500 already. So that alone is already a concern, and now seeing all-time-low? That really sucks.

As difficult and hard it can be, the best thing to do is just stay cool because if you go mad at what you're seeing, you might decide to sell everything off which is not a good decision. So just be patience and wait for the market to reverse itself.

Hard to say who will stay on top but it looks like XRP is staying as the top coin for good. ETH has lost so much value and the continue dumping of big players and project ICO will contribute to its slow downfall while XRP has lots of news and its rebounding nicely since we have a bloodbath last Wednesday.

It looks like the go to coins as of today so for me ETH will need a lot of good news that will turn the tide and claim is number 2 position behind Bitcoin. XRP 'centralization' might have help it this time and its community is getting bigger as well.

Obviously, it was unexpected, remember we have been trading sideways for the last 3-4 months. So I'm not expecting something to happen at this point.


I was sleeping like a baby, Lmao. But when I wake up and checking out the forum, I saw several threads and look at the price in coinmarketcap. Damn, it was a dip that no one ever saw coming.


Good for you. Right move because all coins are cheap at the moment. Even bitcoin is still a good buy at this point.

Let's say you got a malware like Keylogger. So once injected in your system all your keys are being logged and probably send to the hacker itself. So if by chance the hacker was able to identify that this certain key might be your password or your private key, then there's a big chance that we will attempt it and try to see if he/she got the correct combination and one day you will be surprised when all your coins is lost.

Of course running anti-virus like Avast is a good prevention. But you need to regularly updated it because its a virus, meaning it self hibernate wherein antivirus will be having a hard time to detect or it evolves itself, meaning another variant has been release. So its not a guarantee as well.

Its not made by the same team. Actually its more than that, there was some power grabbing MEW that resulted to some of them separating and putting up MyCrypto.


Yes. Because majority of investors are still using MEW because they're used to it. You just have to learn how to protect your account and you're good to go. Please there's a lot of helpful tips around that will reduce your chance of being phished.

Well if you really wanted to know the cause of the flash dip, then you can go around the forum and see it for yourself. Its obvious that we're affected by the schism between Bitcoin Cash by Wu and Roger Ver and then at the opposite site is CSW Bitcoin Cash's SV.

But eventhough we can call Bitcoin as collateral damage in their war, it doesn't mean that the price will continue its downward turn. And it just shows how this market is really volatile and at no point can be stable. If you're nervous about the current situation then I suggest you just get out as early as you can.

Well those two coins are battling it out for the second spot in recent months. Ethereum slipping is due to Bitcoin talking down some alts so when Bitcoin recovers I'm sure that Ethereum will regain its number 2 spot unless XRP hold its position (but I doubt that it can sustain the run).

If I'm in your shoes, I wouldn't panic as this point but continue to buy Ethereum and wait till the dust settled between the Bitcoin Cash war. Continue to accumulate Ethereum and I'm sure that once a break out run happen, you will be happy that you made the right decision.

Exactly, I even noticed one account who totally shilled against bitcoin being quite for sometime and then suddenly came out because the price seems to be falling really hard. Lmao. It just shows that those who spread FUD hibernates when their tactics doesn't work and will go back once their is a panic. Be careful with those kind of people.

Of course common sense will tell us that its not the end of bitcoin and as per the chart, we have been in this kind of situations and bitcoin is so resilient that it has the ability to bounce back after just a couple of days. So there's no need to worry at this point and let is simmer down after the Bitcoin Cash fork.

I think by now we have seen what the impact is, since the collapse of stocks last month, crypto market suffer as well, but with just minor dent on the price. So there's some correlation but its not greatly as big as others might has trying to picture it.


That's what we have been speculating for years. There's this theory that stock market investors will suddenly shift to crypto if ever there's a huge dump or a crash in stock market. But so far we haven't proven that theory because continue to bounce back after a crash.

I would rather go open a business if I were in your shoes. This business doesn't mean its online or something. It could be a offline. Choose a business that is closer to your heart so that you will enjoy it everyday. I'm sure that if you will be successful with that kind of attitude. 

And then when your business started to grow, you can invest some of your business profit in crypto. Then you can enjoy the best of both world, just saying. Instead of directly investing today and after that you have nothing to do with the rest of your life. hehehe.

I haven't seen 3 card monte played in my street. But I have seen it countless times in Youtube and I must say that those con artist are really good. Quick hands plus some people colluding as well. You think you already know where the correct card is, but unfortunately, the sleight of hands happens so quick, in a blink of an eye that you didn't notice anything strange.

Its can probably compare to a '3 move chess' playing played here. You are given just 3 moves to 'check mate' the opponent and bets on the side. But this is just a scam as a 3 card monte.

Exactly, first the principal abuses his/her position, then he/she committed theft. So this is not to be taken lightly. I don't know what going on the mind of the principal, but it boils down to one reason alone, to make money and be greedy. Not good for someone who has a high position specially being the top head of a school.

I guess the principal should be also be jailed for this one because this is theft. And we all know that China government is really tough law regarding criminals. There were even reports prior of persons being caught stealing electricity for mining and receiving 3-5 years jail term.

In paper it looks like the team is really solid with the addition of Jimmy Butler for Sixers. But the question is, will Jimmy not bring his diva attitude to Philly and not cause another drama in the locker room?


I guess they just wanted to get rid of Jimmy at this point and willing to make any trade eventhough its not a OK deal, at least the way I see it. They needed defensive player so I don't know how Covington and Saric can bring something in the table for them.