It maybe as close as the current price, but we may never know. How did they arrived at the price? There are so many factors that you have to look before having a accurate price. However, since bitcoin is very volatile, there were be no accurate price for it. A good example is the different price of the trading platform. We really don't know how they compute to arrived at those prices, but for them is the correct price. So if you see the coindesk has its price, then that's how they view and should be "accurate" as per their website.

I never encounter any driver that is asking for extra pay. I don't know where you are located but it seems not normal for Uber to ask for it. It's already recorded in their system how much you gonna pay the moment they accept you as passenger.

Going back to the topic. Yes it's gonna be huge for bitcoin market if ever both of them started to accept bitcoin as payment. However, the issue I'm seeing is that those driver should be teach how bitcoin/blockchain technology works. Like teach them how to check the transaction in blockchain to see that the rider or passenger has already payed.

Yes, that's what I also read that there is a chance that those exchanges will resume its operations. They just need to re-apply when a proper regulations will be put into place by the Chinese government. Let's wait and see how things will evolve at this point.


The market is very bullish right now. I think it is already price in. Maybe those investors are moving their funds to other exchanges outside of China that's why we are seeing a new surge in price. Or it is just new faces are ready to join despite the negative news that we are hearing lately.

As per their campaign manager.

Yeah, this thread was created at the height of the China news about closing ICO and shutting down local exchanges. And it seems that the OP was a little bit nervous seeing the price go down and flooring to $2800. I really do hope that he didn't panic and sold off his coins during the chaos.

We have recovered since then and the price is going strong at $4300. This maybe is what we all been waiting for. Another massive bullrun is building up and we may see a new ATH once more. We don't need to talk about China now. It has no significant effect on the market now. So let's move up and look at the bright side.

Yes. MEW is safe and the best security for ERC20 tokens. And as long as you have the private keys and the password backup to a safe and secure location I think you are all good. Yes, for added security you can create 2 MEW wallets and split the coins.


Lol. You are kidding right? What if the exchange was hack? How can you recover your funds then? As for phishing , you just need to bookmark the site. Just remember to not click anything you see on the web to above being phish. It's really up to us how to manage this as compare to a exchange where you don't have control of your private keys.

Seems you have raised a valid point. There are other things that is more important that money. Its only material. Things such as family and health are more important and can't be replaced once we lose them. So it ever you lost money, don't worry because tomorrow you can recover it. You can even doubled it what you have lost the previous days. And its part of your journey in the trading world, but put every lost as experience so that you wont make the same mistakes again. And always think of your family, and be inspired the next time you do trading.

Obviously its already end of the end and nothing significant happens to the price. It is still going strong and trading right now at $4100-$4200. But the price drop did happen in the second-third week of the month but we have recovered already so you don't have to worry more about any China news affecting the market price.


Yeah, he is already too late to join the party and miss the opportunity to buy it when the price is quite cheap. So to the OP, please be advised that you need to be ready when bitcoin will have a "buying party" and don't you forgot to have your funds ready, just in case. 

It can be overvalued or undervalued, so no one really knows that much worth your bitcoin is. In the beginning it is quite cheap. Remember Laszlo? who bought pizza back in 2010 for 10,000 BTC? https://bitcointalk.org/index.php?topic=137.0

He really don't know that this 10,000 BTC would be worth millions by now. So bitcoin can't be really define by what we used to know to price certain commodities. It has its own characteristics that we the community can understand but from the outside, they seems that they have no clue about it, like Dimon who called it a fraud.

HitBTC has already listed it and currently trading, very busy phase. Looks like there is a dump coming from the bounty hunters. It peaked at around .000047 BTC and now the price is .000042 BTC. Wasn't able to get and grab the tokens but for those members who have gotten it, much better to hold. I think it can touch .00008-.00012 BTC. Congrats though to bitdice and those who have invested on it of course bounty hunters.

I guess I was proven wrong when D Wade signs with the Cavaliers. I really though that Thunder would be a logically chose for him. But it seems to me that their friendship with Lebron is deep rooted that's why he is swayed to work with him again and get the chance to go for another ring before they retire. Well, the Cavaliers have put themselves in a much better position as we all know how those 2 works together without jealousy and just aim for the championship in Miami. Its gonna be a an epic battle if Golden State and Cavaliers once again meet in the finals.

Looks like there is something wrong with the link as I can't open it.

First time I heard Vitalik making some sense. LOL. Its not his usual self promotion of Ethereum. So an extent I believed that having a inexperienced company handle to much money to really put forward the projects their offered, may not be a good idea. That's why a lot of ICO never became successful or have scam its investors. So that's a clue for those who are willing to put their hard earn cash, check the team behind if they have the right tools to really bring the project to the next level. Younger people with less experience rise to positions of power. That combination will lead to the downfall of the company behind the ICO's.

I think China banned it because they want to "protect" its people from scam ICO's. Chinese people are going crazy for every ICO's and putting a lot of money in it. But only few are legit and successful while most are scams that why the government decided to stop this madness to help people's possible loses and put on the brakes on their worries about cryptocurrency. It is also possible that China want its own crypto, that's why they pull the plug on bitcoin and their local exchanges.

I hope that you are still holding your coins and didn't sell when the price plummeted about 2 weeks ago. Because if you did then you will feel disappointed because the price have already recovered and now trying to break $4000.

Do you not considered the price today as good? For me its already so strong and it will just like a bonus if bticoin can go on "full beast mode" on the next couple of years. Eventually we will go there like $10,000 or more but can bitcoin be useful if we reach that price? Can we used it to do online and use bitcoin as mode of payment? Otherwise bitcoin will be just like any other investment.


True. If bitcoin is not usable, then its hard for it to gain mass acceptance to push the price to what we are dreaming of. I think that time will come but we have to wait and its gonna be a slow and steady phase and we do not want artificial price that will crumble anytime.

I don't think that this is the very reason to shutdown ICO and closed its local exchanges. Its more deep rooted as I speculate. Its probably that bitcoin has really threatening Yuan and they have to do something about it. I don't think that they just want to appease the Communist Politburo.


I have to disagree with this. Bitcoin economy is booming in China. You could look at the sheer number of trading volumes per 24 hours, so its not that small to really not affect their economy. They need to move fast to stop all of this before its too late.

Well, let's see if this just just a temporary in nature and they will made a U-turn to let everything back to normal once more. But I seriously doubt though. We already withstand the test of not having China at our back so its better be like that.

I would have to agree that DWade is already past his prime but for me he can still make good contribution not only inside the court, but could be a good mentor for those upcoming stars whichever team he lands. Either of the 3 mentioned team could be a good place for DWade. We wanna see a reunion with Lebron but I doubt DWade will go there. As for my personal preferences, would like to see him goes to OKC so that they can give GSW a good challenge. Its gonna be scary to see those 4 at the same time in the floor.

I'm not that technical but I love seeing member sharing their analysis. Currently is almost $4000 so I guess we need few more hours or days before breaking it and going to $4100 and as I understand it, if you breach it then we will see another massive bull ran touching $5000 or even new ATH again. The Chinese hangover should be over by now. I think they have already made their move last week when we see the price touch $4000 then it went to $3500-$3600.

I hope I can also read and made TA as you guys so that I can also make a good prediction. I just we really need to see how things evolved in the next coming days to see if we are correct.

You should have bought it when the price is low to maximize your profit. But since bitcoin is gaining grounds again, it may not be a good buying point. However, if you have funds that you are willing to invest, then my all means get it before it goes to $5000 again.

You just have to remember one thing, do not panic once you see that bitcoin price is going down. Its one thing to buy it, another thing to store and not be nervous seeing that you are loosing your money. Goodluck.

As long as there are investors, traders and miners then bitcoin can exist and no one can destroy it. Not even China, because bitcoin has already captured popularity globally, its much more harder to destroy. Banning is different though, a certain country can temporary affect the ecosystem like China did, but it doesn't mean that they can destroy bitcoin. Look at how bitcoin recover from all the attacks recently, specially Jamie Dimon. So as long as we are here and put our trust on the system, but it can survived up to the last mine bitcoin. So personally, I have no doubt that no one can destroy it.

To an extent yes, China has somewhat halted the progress of bitcoin. We have enjoying the best price of it until the China announcement. The only question is the timing of their declaration banning ICO. They should have done it when they suspend the withdrawal of the Chinese exchanges last March. But when they saw that bitcoin can't be ignored, they unleash everything they got to stop the price going further. But we have move forward already but there will be still China hang over until the last of the bitcoin exchanges stop its operation.

But they still have the monopoly of the bitcoin mining. According to Charlie Lee, they won't go after the mining industry, but we don't know if that is true. Maybe when we are enjoying new ATH again, suddenly they would change their mind and close mining too.