I guess we will have to wait and see when we get to reach the bottom.
For now, it seems we still have some long steady downtrend to keep going. Things may be different from 2013 though as we are not having the same scenarios in play.

I still have the feelings that if bitcoin really end up going below $8000, it is going to be adjudged weak and I really hope we have the string whales in place to prevent something like this from happening. Like I said, let's see how long this bear ride keeps going.

Well, they are pretty close in market capitalization, so based on that, I would not say there is no possibility of it. We really need some news right now to cause bitcoin to gain some momentum. Ethereum is a good project that has given birth to similar good ones, no doubt !

However, the move in the market now to me, is more like whales trying to pull stunts to cause an uptrend in the market for Ethereum, get some pretty good profit from the trend just before bitcoin gets on the recovery mode. Just my thoughts though. Also, I see right now as the good time to invest in alts.

Simple! And I do not see why people are really not getting that. Crypto market is getting big and people expect government to keep shut when we will end up seeing those who will be using it for criminal activities, those who may be trying to use the process to evade tax and so on and so forth. Anyone who wants that should better go to a country where there is no governmental system.

If exchanges are not regulated, a lot of crazy activities will be going on that may even end up giving the crypto market a negative name, so it is better we have it now than later.

The only thing in which most of the investors are actually interested is that which help them in making of more amount of money. There are investments like that of gold which were once considered as the best way of investing your money but since they have got the stable market value, none of the investor invested his money into it. Same is the case when it comes to that of USDT. People will lose their interest in USDT as it is getting stable market value.

But when more people are ready to hold, I guess there will be less possibilities for this coin to get collapsed. Still, there cannot be anything to be done when more people prefer not to hold.

Hacking is actually one of the biggest threat not only to the ones who are there in the world of digital currencies but also to the ones who are there on the internet one way or the other. The only thing which can keep you secure from hackers is to keep your systems up to date. Do not leave your systems open for everyone to use and try to study well before doing any kind of thing on internet.

I am using 2 computers. One for my usual activities and another one specially meant for wallets and crypto staking related. I do access web wallets from that computer alone. Also I am running latest antivirus.

It should not depress you as such sort of behavior is common in crypto coins. I don’t know what exactly you are holding, but selling out during the dip is not an option. However, if I had the knowledge of your holding, I could have been more specific in my suggestion. If it is a famous altcoins, you should keep it. Otherwise, sell it out because there are cases of failures in crypto currencies also.

Really ? Since when has India become that important in the world of technology ? Sorry but it is still not a developed country or a big market controller like China so why paying this much attention on it banning bitcoin. India can curse bitcoin or all other crypto currencies for all I care. Nothing new for bitcoin anyways. I heard that it is planning to launch its own digital currency with the name of Lakshmi.

I know that most people are worried because Bitcoin’s price rate has been falling heavily recently. But this is not something to be worried about, except if you’re a newbie, as for the old members, it’s already a normal thing and is something we have been experiencing for a long time cause it had been happening. If you already made loss, I will advise you not to withdraw the money invested, keep and very soon your patience will start paying off. Even before this dip, maybe people has already predicted that price will fall and take a correction, and they also said it will rise back, so there’s nothing to be worried about.

You are right in the case of lost coins increasing the price rate of Bitcoin,  that’s absolutely right. But as for a way to inherit Bitcoin?  That will be impossible,  and if there happens to be a way for doing that,  criminals might see it as an opportunity to steal more from people. People should just write down every information about their wallet and store it somewhere safe.

If you trust any member of your family,  maybe you should let them know about your business you're doing in Bitcoin and also let them have access to it,  if you are very sure that they can be trusted with such information. That's why I do like a business that is being done by a group of people,  cause if anyone of them passes, and the others can be trusted,  then they will give everything that belongs to the late member to the family member that should inherit them.

Technical Analysis do work for some crypto-currencies too according to me. There are a lot of coins which are engaged with some technical work or some personality and the price varies on their activity so a perfect TA can be studied in such case and can be proved to be profitable. rest of the crypto-currency markets depend upon the demand and supply factor and the price growth is changes by the increasing demand in the circulation. Also I would prefer to hold coins for long term as holding each coin for long term can give us good profits in the future as the price for each coin will surely grow in the future.

The funniest part about life is that people have the best at their disposal and they still keep looking for something they really do not need. We are all running away from the bank/exchanges and then someone is still very happy putting their bitcoin in a so called bitcoin bank as they are so calling it. This is an old project though, and I am not even sure how they are faring now but as long as my wallet is doing the job for me which I know it will forever do, then I have no business with any bitcoin bank. Moreover, why call it a bank when you can just use exchange, there are so many of them already and we all know how leaving your asset in an exchange sucks.

I don’t know why some people keep posting this…it makes no sense at all, and piss me off a lot. How can you be expecting everyone in the world to be making use of cryptocurrencies ?

Just because they have access to the internet doesn’t mean they should be using Bitcoin. Some people are doctors, and they are much busy than you can ever be, so you shouldn’t expect them to use the slightest chance they have for Bitcoin, while they have other reasons for being online. Everybody can’t be traders.

Even bitcoin itself is pseudo anonymous and obviously, you can still stay anonymous as long as you want to. Like you said, what OP is getting wrong is that this is not about cryptocurrencies but about exchanges.

If government is going to be doing any regulation, that balls down on exchanges and as long as anyone feel they can stay out of exchange, spend their crypto without converting to fiat, which at least for now, unless you are purchasing something from a crypto enthusiast, it is impossible to do. So with that, I guess we are bound to exchanges and regulations.

I can see how much everyone is pouring out their bitterness here. It is crazy isn't it ?

How the regular people are the ones doing the chunk of the job, paying taxes with nothing being given back to them and then now when we found a way to rub back their shit on them, they want us to pay capital gain tax on the crypto I have worked for ?

They can stick their fiat in the butts, I do not care. I am going to be holding and believing that one day, I can easily just tell fiat system to go screw itself.

These days the price varies not much and also the price is not much up these days so I have some small profits but trading for short terms and buying and selling my coins daily. Yes, even now I follow the buy low and sell high as it is the basic mototivation behind trading. Each individual involved with trading follows the same and goes profitable for the future. Holding the coins is yet that effective and gives good profit.

Patience matters a lot into trading as panic sell can really cause a huge loss. I usually set a daily target for me to sell the coins for now as it really gives me effective profits daily. I just sell my coins at a good price when they are high and again purchase the coin once the price is back to normal and hold the coin to sell at a good pump again.

Yes, it is always better to have two different income stream so keeping trading as a part-time after regular job must be the right choice for the any crypto user. There could be many exceptions but I'm talking of the point of myself and based on my schedule and my time availability.

But making consistent performance with trading will be too hard because even professional traders also making losses with their trading time to time. But, having a day job will be having no risk compared to depending only on our trading performances. So, I'm not suggesting anyone to go for full-time trading at any circumstance.

Yes, whenever big companies deciding to start adopting crypto currency payments then we can expect big leap for crypto currency market levels. But that could not be an end for cheaper crypto currencies because these markets are highly known for fluctuations hence anything may happen in near future for getting us another opportunity to buy for cheaper prices. In the past we have seen these so many times, so why not we cannot expect another one after Amazon kind of market giants start accepting cryptocurrencies.

At the same time, now we cannot expect to buy bitcoin for $5000 or even for $9000. Similarly after big changes into price levels we cannot expect altcoins for cheaper prices. Those big changes may happen at any time like when some government legalizing crypto currencies or market giants accepting crypto currencies.

All human actions are based on their own preferences given that he is 18+ aged. Because only after that age he is capable of thinking in multiple ways and to foresee what are the consequence he may face for his actions. Gambling must be one of the action and it should be done only based on personal preferences and should not be due to some other suggestions/compulsion.

I am always playing gambling in a manner it should not affect any of my relationship. Because I value my relationships more than anything else hence I will not let gambling to affect it. Still, in some unfortunate situations gambling impacted my relationship but those were the situations which helped me to understand the real dangers of gambling.

When a person is getting start with gambling, he will be having more belief to make his fortune from gambling.
With that kind of mindset, we cannot expect a gambler to avoid getting into gambling. Their expectation is the driving force there and that force usually getting them into disasters other than fulfilling their expectation.

Only when gamblers are thinking maturely and avoiding gambling or making use of gambling only for the purpose of getting pleasure then their mindset will help them to find the actual use of gambling.

There are number of things which are far better in bitcoin compared to that of other regular currency. The first and the most common thing is that none of the regular currency is having this much of worth as we can see in case of bitcoin. Moreover, none of the regular currency can help you in making this much of money by simply holding that currency as you can get while holding your bitcoins.