There are lots of opinion regarding the current situation of btc. They say that the bubble popped, btc is dying, corrections, etc. But like most of the people here believe, this is mostly a correction from the unbelievably huge inflation of btc during the past month. It is quite normal and expected everytime unusual highs happen and it has been happening even before so there's no surprise for us who have seen/read about this scenarios in btc history. It's nothing major so we can sit back, relax and patiently wait for another bull run in an unexpected time. We just have to believe and have faith.

Mostly, those people who ended up with negative impressions about cryptocurrency are those who want to try it for the first time but ended up investing on the wrong ones. They were immediately discouraged to try it that they missed the chance to invest on the real deal. It's like when you tried holding something not knowing it's hot so you immediately dropped it when you burn your hands.

It definitely does. Once btc entered the world of social media, it's just a matter of time that people started buzzing about it that many became curious about it. Some started researching about and some just joined the bandwagon and entered the community blindly. Blinded by the words "money", "double your money", "profits" and "huge income." Although it is good that many people are reached and caused btc to skyrocket, there are some who took advantage of it negatively. They used btc to scam people (HYIPs, ponzi schemes, etc.) especially those who are new to cryptocurrencies and have no sense of doing their own due diligence. It's true that there are two kinds of people in this world, the ones who fools and the ones who can be fooled.

You're such a lucky person, pal. I think I've known BTC sometime early in 2017 back when the value was around $1.5K to $2K. I know that time it's considerably high compared to previous year's value but seeing how in just months it reached $20K is amazing I can't even believe it myself. Back then, I didn't mind spending my btc since the value is still affordable. But when it hit the $10K mark I somehow regretted selling my coins and when the golden times (month of December) came I literally can't let go of what's left in me. I sure did sell some as a reward to myself but I made sure to control myself and sell at a minimum amount. And right now, I'll be waiting for more surprises from btc. Who knows maybe one of these days it might reach another all time high.

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Same opinion here. That's really how we can succeed in cryptocurrency. We need to diversify our investments and the best way is to invest in coins that you are confident (go for alts that are at least in top 20) and then make your research about on going or upcoming ICOs. Usually, those icos that are backed by known personalities or people from giant tech companies are what people are looking for. I have a pal who is very much into ico investing and he said that he is following McAffee. I think that's one good idea especially if you have less knowledge in crypto but really wants to give it a go. Right now I personally have my eyes on ETN and XMR.

Hi sir I hope you have a slot for full member.

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Totally agree on this one. Ripple being a centralized crypto is the sole purpose I never bought any amount of that coin. Being a cryptocurrency enthusiasts, we should all avoid anything that makes it less of a cryptocurrency. And yes, there will be major losses sooner than we expect in xrp since it is, in my opinion, being manipulated on a high level.

I don't know, man. I think this article is more on a speculative stance and have no solid evidence for the percentage of the whales out there, much more of saying the are in contact with each other. As written in the article: "I think there are a few hundred guys,” says Kyle Samani, managing partner at Multicoin Capital. “They all probably can call each other, and they probably have.” As you see, his words are merely speculation and based on his gut feel. Unless he can name a few whales he personally know who really are in contact with each other.

At least they sent him a letter before taking any actions. Some banks will just terminate an account without even sending any notice and explanation for the termination of their accounts. But that policy of Lakestone could hurt their market as more people are somehow connected to btc. I bet most of their clients who are transacting in btc will move on to another btc friendly banks as soon as they received those letters.

I don't think that the Holiday Season have anything to do with btc's sudden decline. If you are following any news, it is believed that the news regarding BCH in Coinbase and GDAX have something to do with the recent decline. Although there are some people who are selling btc this time of the year for buying some gifts to their loved ones or to reward themselves, I don't think it's that much to cause the dip. And besides we've all been waiting for the corrections and this might just be it. Remember that everytime btc hits an ath, corrections is expected to follow.

Haha! I thought I'll be reading all the negative things you've got to say when I read the subject. Well there are occasional dips just like earlier so there's nothing to be worried. But I still doubt that BTC price will decline lower than $10K as much as I wanted it to so that I can buy some more. The thing is, there are lots of people right now who are buying even at the highest price! Yes, most of them are newbies. I even saw someone in my fb group posted that he bought 0.02+ at $19K so he panicked when he saw that the value dipped a little. And all we can hope is for them newbies to sell in hopes of cutting their losses so the dip will continue and so we can buy at a lowest price possible.

Oh crap! So sorry for that, I always got bad gateway everytime I tried posting it. I just got my internet connection fixed and then saw my posts was submitted multiple times! I'm so sorry, pal. And to everyone here especially the manager.

I just took the time checking those pages out of curiuousity and something's really off with those accounts applying in twitter campaign.
- Date & time they applied
- Date & time their bitcointalk accounts were made

Someone wants to get all those bounty shares for him/herself hmmm

Good thinking, pal. It's good to invest in different altcoins now but before anything else, do your own diligence to research all needed information in determining a good one. Safer to go buy in some who have good potentials and strong community although not as strong as BTC's but it sure is safe to find a good one. Just like the old saying goes, (say it with me) "never put all your eggs in one basket." And yes, it is an old saying and has been used countless of times but it is a good advice and worth following.

I say we're just in the beginning of something wonderful in the years to come. And since 2017 is the start for BTC's rice as it come to its last quarter, I firmly believe that in 2018 btc will continue to rise as fast as we can ever imagine. BTC is full of surprises and no matter how high the value it doesn't hinder people from investing some more because it is proven to continue to strive. I also believe that the acknowledgement will be widespread and the number of establishments that will accept it as payment will triple in numbers as more and more people are into btc and so the market needs to adapt.

Of course, mate! Actually if you are not yet aware, lots of ICOs here are having bounty using the social media and other platforms. There are some who offer to pay with their tokens but there is also some who are willing to pay in btc and there's even some who offer portions of btc and tokens both. If you have a youtube page, facebook and/or twitter with massive followers then you have good chances of doing bounties as the first requirements and basis of stakes depends on how large your network is.

I'm pretty sure everyone of us here have our own regrets when it comes to selling off portions of our btc. We know for sure that btc will hit high and we only need to have patience to see the fruits of our labor but never did we imagine that it will all be so fast like this. Back then I've sold some of my coins thinking that I can buy back again anytime since the price is still reasonable and I can afford to buy in some more in place of what I've sold. But honestly, looking at the current price, I'm not sure if I can still acquire a decent amount of btc. So yeah, I have a little bit of regrets but not that I cannot get over with because I've made good profits even if I sold early and I'm still thankful for it because I can't even get that kind of amount if my money is just sleeping in my bank account, right?

NO. Because it will be more than that. You do realize that we're on the 19K-20K point right now so to reach 25-30 won't take so much time and it might be achieved before the first quarter of 2018 ends. So, by the end of 2018 it will be way more than that maybe x3 like, a hundred thousand or something. Remember that we started this year where btc is only worth 1K. If the trend continues, which I'm pretty sure it will, then my prediction is fair enough. There's even some predictions of 500K by the end of 2018 but that's a different matter and I doubt that that will be the case. We might be riding a roller coaster this coming year. Let's see how it will all go.

I'd like to believe that the demand is due to more people are starting to recognize the capabilities of btc as a cryptocurrency. The widespread of btc mostly because of the power of social media platforms and mainstream media (though it's not yet really that huge in mainstream media). People are naturally a curious creatures and so once they hear or read something out of social media platforms such as facebook and twitter they have to know about it so that they won't be left out of what's "in" even if they have no idea about it. I think we're still not seeing the full impact of it so I'm guessing we'll be seeing more increase in demands in btc which might lead to a skyrocket of price so we better prepare for it.