Really high and I can imagine the effect this is going to have on global economy as time goes on. Anyone who is actually complaining about bitcoin as a bubble or the value as a bubble have not really gotten to know that the fiat system has been the greatest bubble ever and with the way things are going, this would be a terrible outcome for the economy.

It is just surprising that these entire so called financial experts know all these things, but they are still so fast when it comes to condemning bitcoin and cryptocurrency in general. I guess they have a huge part to play anyway in the fiat bubble.

You got to be kidding me! As much as ETC shows sign that could be bullish in nature, which is not actually a very good move as far as I am concerned putting all your eggs in one basket as you may get burned if things go awry generally with the market as a whole.
Yes, ETC really is looking good, a lot of good things coming, the listing on coinbase may just be one of them, but I am sure this is one market set for a bull run which I would not be surprised to see hit new all-time highs before the end of this year.

I would not actually be holding MTC at this point in time as it has chances of hitting some corrective levels.
I may be wrong, but it has had some huge run upwards for some while now and I would rather be patient to get at a very good value in its bottom than ending up to pick the top at this moment.

There are other good coins and tokens which are in fact trading far lower than their ICO value due to the current trend in the market and anyone picking this one’s right now will surely not miss the good profit in the long run.

Yeah, a lot of it depends on timing anyway. There is really more like a period for altcoin and a period for bitcoin and most times, if you can really get it right, you will simply be making a lot of good decision in the market as to which to invest at a particular point in time. One thing I have learned however is to stay in fiat when bitcoin is in a downtrend, buy back bitcoin and engage alts when bitcoin is in consolidation or slow move, as altcoins get to increase hugely during this period and get out of alts immediately if bitcoin starts showing sign of further downtrend or a bull run.

You have actually made some interesting and a very moderate prediction and a very reasonable one, so I applaud you for that. Truly, the current bear market is not out yet, but I am looking forward to see how early July is actually going to be playing out.

With the volume dropping on the sell side, and nothing serious about any reversal yet, we may actually end up seeing the possibility of $4900 very soon, with the likelihood of a quick reversal which I presume will be for the short term and nothing so special but at least will still give us some breathing space to play with the market before we see the last leg of possible bear phase which could set us as low as $3000 before the year runs out and possible consolidation from there.

Anyone who is actually seeing this trend as a negativity is simply someone who is just here thinking it is a means to get rich overnight and not because he or she wants to be a part of the great future.

The fact that we are in a downtrend now does not mean it is the end of the market as there would still be a lot of room for growth when the whole market has totally bottomed out and nothing much to sell anymore. What is important now is to start stashing up and that is the sweet thing as we are getting at a mouthwatering value compared to last year ending.

I doubt if that is true. How can someone play just once and dash out such a huge amount in just a single loss without blinking an eye to consider what he was about to do. I am not sure there would be anyone who can be that wasteful or nonchalant about things if he is indeed not lying, which I want to believe he actually is and only if he can come here to prove it like you have said.

I am a fan of sport betting anyway as that is the closest I am to gambling at all, and I have always been using Nitrogen for a very long time.

If you are looking to earn bitcoin, you can start by rendering a service based on the skills you have as there is no better way than that. Any other way, you may end up losing your money.

Another best way is trading, but without knowledge you will not be different from you gambling anyway since you will be trading with no strategy and you will need a lot of patience to at least be able to do it well and right. There are also so many other ways you can do so even on this forum and you can hit the beginners forum to see where you can fit in.

Who would even not want to as a gambler as long as it is online ?
Gone are the days when people will be gambling online trying to use their banks details and funds to gamble with, but cryptocurrency on the other hand has brought some level of anonymity into the gambling space which makes the experience of getting paid your winnings easily and fast makes a lot of sense without having to consider the government trying to poke nose into everything you do.

It is a whole lot possible and even though it may not happen immediately, as there could still be a small rally upward around $5000 in coming days or weeks, but that would still not stop it from trying to test downward. However, this would be a great opportunity for anyone who is smart as this is actually a way to just accumulate the more for the future which I am pretty sure is going to be awesome. It is a good thing to see that we can at least get to buy low after the huge rally we had last year.

A whole lot difficult as there is always a lot to learn every single day and one thing a lot of people usually do not always realize is that for a start you are really going to be making some silly mistake even after learning since learning is a gradual process anyway.

Most of the learning keeps coming from the experience you end up having and that is how you start getting better and better to the point of being good at what you do and as you keep getting better and learning more, there are some mistakes you never will just see yourself make anymore.

No one should ever blame themselves if they ever let emotion get the best part of them in trading but the thing is to always learn from the outcome of such emotions and make better decisions next time. After learning a lot about trading and I thought I was ready to go, emotion was just the first problem I had, but over time, I got used to the idea of just sticking to what I know and not what I feel.

When I feel the signal to get out is there, I do with a stop loss or alarm believing the market can still change course, and same applies to when the market is going up as well. We cannot always be right 100% of the time, but knowing how to play one's card without emotion helps a whole lot.

What is not so easy there ? Anyone who is already at loss does not have any other choice than to still stay calm since not staying calm does not solve any problem anyway. The only thing to do now is to at least be able to find a way to do things right by trying to look forward to the bottom to buy a lot more when the market looks extremely cheap because it will and that is the only way they will be able to at least compensate for what they have bought at the top. They should know better before investing how volatile the market is and that blame is certainly not on any one.

Kwukduck has always been bearish all his life anyway but seems this prediction would come to fruition as things are going! I would not be surprised that around $5000 is when we are going to be having some little bounce and that would actually help the general altcoin market as well during this time in their pump and dump spree and a lot of them hitting new ATH.

The market for bitcoin will still go a lot lower than it is right now and I am sure looking forward to play around with that and buy more at the dip. However, asides comparing previous years, this was imminent anyway.

Any investor that is depressed right now apparently did not even take time to understand the market before even entering at all. The market is highly volatile and you really want to know how to make certain decisions before you end up panicking or depressed for no reason.

The market will not always keep moving up and for every reason, the downtrend was inevitable since nothing simply drove the price upward apart from speculation and manipulation but the market will recover at its own time, and rather than being worried, it is best to take advantage of accumulating at this dips.

Absolutely what I believe would end up happening. We are thinking too far to imagine the possibility of hitting even past the previous ATH or getting close to it. Hopefully, we will get to definitely see this happen maybe next year, but definitely not this one.

As far as I am concerned, as it is now, the bears are in charge and the possibility of hitting huge low is still there and after that, it is definite we are going to be consolidating for a while which will give room for a lot of accumulation during this period before we can even start thinking of any serious move upward.

If you actually took time to read what he posted, I am sure you will find out he was talking about bitcoin being used as a safe haven during the period of recession and not bitcoin being in recession as you have mentioned.

Yes of course, bitcoin in the long run I believe will be a safe asset to store value during global economic meltdowns and recessions and this would mean a lot for this space and the early holders anyway. It is already considered as a digital asset, although volatile but that volatility will change anyway in the phase of huge global adoption.

Probably, and would want to make sure they instill it on the citizens. How wonder how a country that is solely about its own interest develop when all the government cares about is how to just keep stashing and looting in every possible means and would likely not want to even give the citizens any possible power even though they still get to benefit from it.

Would have been better if OP stated such a country, but I do not see how this should affect anybody who is smart enough. A single country should not limit anyone from being a part of the decentralized space, and the worst I will rather do is migrate out of the shit hole.

That is not a support but it is actually testing the resistance around $6,250 with not much of a volume to pass through and that shows the possibility of coming a bit lower again before we can get to see anything serious after this. I am envisaging towards $5k but it could be a bit lower or higher but time will definitely tell.

Fortunately, I do not expect serious going down in the short term until we get to hit this phase. Let's just see how things will end up turning out to be from here. I keep speculating about new ATH within this 2018. I guess market may start moving toward that from now onward also.

The word there for an investor like you said, is being strategic.
You can never get the best from this market without being strategic and where a lot of people miss it is because they do not get to learn as much as they can before even entering the space at all and that makes it very hard for them to make any quality decision at all to their own advantage.

Trading and particularly bitcoin kind of highly volatile market trading will be profitable only when you should be investing and being patient enough to wait for the profit just like any other market. Making here and there some decisions randomly by losing patients will not help any trader usually.