How many times would we reiterate that a fall of $100 at this rate is not even alarming? A $100 gain or loss is just part of bitcoin's day-to-day price volatility and should not give traders anxiety. Also, why are we always trying to find a reason behind every price movement? It's as if we can do something about it once we know the culprit about the fall.

Exaggerated news IMO. Stating that we have entered a bear market just because of a $100 drop?


Normally, whenever a hack occurs, some traders are easily fend off by the fact that the hackers might dump the coins immediately to cover their tracks, and because of that, a dump might occur shortly after the hack ensued.


This has been going on for over a year now and still, I'm seeing cryptocurrency ads on Google (and even YouTube) every single day.

This is quite a situation for Italy. I have once read an article in which the author stated that the banks--not the government--could give people money on their accounts in order to promote spending and economic growth (I believe it was one of Adair Turner's lecture if I'm not mistaken.) Surely this would not be favored by many due to inflation, but without any increase in spending and income, there will also be no growth in the economy. If everyone has the means to buy and everyone uses money, it would greatly stimulate the economy and promote some form of growth. While it may not be cryptocurrencies role to alleviate the problem in a country's economy (see Venezuela), it can still help promote people to spend, but fiat money would still be the most ideal currency to use in this kind of situation.

The answer is very ideal for countries with failing economy but that is if people really spend and not hoard their money elsewhere. If not, this would turn into an even greater weight for an already sinking ship.

I would assess the risk first considering that Amazon had also seen the largest gains in the past few years, and that's worth some consideration if you'd ask me. While their stocks always perform good even in the tightest of situations and everyone else crash, it's still hard to short Amazon since they've been consistent for a few years now. Social media sites, along with apparel retailers and oil companies IMO would be the best stocks to sell short on this time of carnage.

With the amount of payment options available right now, I don't think bitcoin would fare better unless it removes the problem of volatility. Mind you, it's still an excellent payment method if the right circumstances aligned with its tech. It's pretty secure for both users since there's no way a MITM attack could be devised which could potentially compromise both ends. Also, its nature of people not needing to have a bank account in order to use it is a plus, since there are still a lot of people engaging in online shopping without bank accounts. However given the fame and popularity of other payment methods listed above, bitcoin doesn't have time to shine since all of them have their own edges.

Who cares about security in this day and age where everything is spoon-fed and done with an ad?

It will not. Stablecoins are created to hedge against the volatility of bitcoin and other crypto, so it would be quite ironic if bitcoin itself becomes a stablecoin. Besides, there are a lot of traders still willing to trade bitcoin and its volume remains significant. The recent dormancy in price IMO is not a sign that it's going to be a stablecoin, just not enough incentive for the people to make a push. Also, $150+ dollars have already been chipped in bitcoin's price in just 2 days. That doesn't seem to be stable, too.

Came to a point wherein I accidentally re-formatted my phone out of frustration without thinking that I have my Google Authenticator activated for an exchange. It was a real hassle considering that Google don't back up any sort of fail-safe once the Authenticator is removed, so you have to go through a lot of various, time-consuming steps just to regain access to your account. I'd rather choose Authy for my accounts that need 2FA since you have an encrypted backup somewhere which you can access if your device gets lost, formatted etc.

2FA is an extra layer of security but you also need to be extra careful on not deleting it/losing your device if the service/app you're using doesn't support a backup of some sort for your 2FA codes.

I don't see bitcoin getting some bullish activity even at the end of the year. There aren't any reason for the market to make a push and everyone seems to be waiting for some increase to offload some long overdue coins in their stash. Every single push is met with some kind of resistance immediately after a climb very recently. Also, demand at the end of the year is commonly low since everyone is on the sell side of the spectrum, just like what happened last year. Perhaps Q1 or Q2 2018 is where the action will commence once more (hopefully).

I don't think that the blockchain would be that important in the future society, though I must admit that there'd be a lot of potential applications for the said technology. It would be important but not to the point wherein it can be compared to the internet's importance in today's society. The blockchain could be applied on a lot of services but it can't function as a standalone app in which the laymen could utilize just like the internet. As of now, it's just restricted to being a ledger albeit some other coin developers embedding some more fancy features on the said tech.

A volatile market attracts traders and speculators. A stable market attracts merchants and businesses. Whichever fits your liking, either way the market will still grow. The question is how solid would the foundation of each option be since both markets has its strengths and weaknesses.

But since I want to have my coins be spent somewhere, I'll choose a stable market since it will attract business owners to accept bitcoin and have the economy stimulated. Growth potential is higher compared to an on-off volatile market.

I'm one of the few people that look on the lows rather than the highs on bitcoin's run. To be honest, I don't see why everyone anticipates an unstable overshooting of price while they can just look at the floor and hope for the best from there. Establishing a solid floor is always better than aiming for unstable highs. Most people want a bull run to happen because they want to get rich quickly, without thinking of the fundamentals and risks it is associated with. As franky had stated, we're still in a 9-year bull run up to now, given that the price difference between 2009-2018 is $5700++.

For a nation who seems to want utter control on every front of the world, it's not surprising for the Chinese to do such things like this. I don't support the actions of the Chinese at all and it makes me think that they have been doing this for a long time now. Heck, they have been doing it with chips, how about internet traffic which is far more easier to access? The Chinese are slowly getting aggressive every single day and it's already alarming.

Why would a cyber attack be good for anything? It might be opening the eyes of cybersecurity experts for possible threats and vulnerabilities in such systems but all it does to the public is cast doubts on how data is being handled. Also, this doesn't do any good to bitcoin at all; the general public wouldn't even know the benefits of bitcoin and the blockchain in such scenarios IMO knowing that only a few people know about the tech. Hacks aren't good at all, and it does not benefit anyone except for the hackers themselves.

Well for one, they are implementing absurd fines to an absurd claim of violation (Google fined a record $5 billion by the EU for Android antitrust violations), so it's not that surprising that they will be doing the same for their tax revenues. In a way, this will benefit the EU in terms of economical stability and help tax US tech companies for the right amount they have been trying to avoid since anyone knows when. This might seem a bit harsh for the us tech companies but knowing that they are operating on foreign soil, they must know to abide by the rules in order to continue doing business in that certain region.

Politics IMO affect the traditional world economy, but not bitcoin's economy per se. There are other things that could potentially affect bitcoin's stability other than political situations. For example, the Brexit move wasn't really that crucial for bitcoin despite the fact that there are a lot of bitcoin users in the Great Britain alone. Even though the move resulted into the Great Britain suffering from short economic setbacks, this did not affect bitcoin in any way, and the recent stability in price could tell you that despite how crucial and important this move was for the world.

So do I, though that would entice a lot of traders to sell even before $9000 is achieved, just like what happened to the previews short bursts of prices. I currently have some sell orders stuck @ $7000 and don't want to remove them since I've missed a lot of opportunities 6 weeks back and I'm hoping for some slight turnaround of profits. After those $7000 sell orders were sold, I could rest easy even if it falls and wait for a straight increase from there.

It's been instilled in the minds of people for over 3 years now, and yet there aren't any major events that could be the tipping point of the economic crash. It's not that I'm saying that it's not gonna happen, but how many times have we faced the similar scenarios and circumstances and have come out triumphant from these ordeals? While I do believe that the next economic crash is due to the implosion of over-leveraged assets, recession would be the first step and everything will come in after that. Good thing I've already started out investing in crypto-assets and a little in gold, and I'm pretty sure that I could wait out the next crash if it indeed happens in 2019.

Aren't we tired of all the news in the Chinese scene? It's quite unusual for a country to be the leader when it comes to mining while their citizens can't own it. It's like saying you can produce guns but you can't own it, which is quite ironic IMO. This new wave of nonsense coming from China seems to be a way to establish confidence from traders and another bait for the traders to bite.

Anything coming out of China is irrelevant by now, though it still can mean something that's worth noting i.e. short-term market movements.

Japan is so advanced than the other countries in so many things, one would be its government. The trust their government has with the experts on the field is simply admirable, and to know that these experts could abuse the self-regulatory status of the crypto industry in Japan makes it worrying and amazing at the same time. It's amazing that they believe in the real experts rather than push the agenda of some of the government officials that knew nothing about the industry. This is surely another step towards bitcoin adoption, and surely a positive one for the news.

Main reason is for seamless transfers in between exchanges when a trader wants to move funfs without compromising the value of his assets. It can also serve as a hedge in tough times when a trader decides to stop trading for a while and get back to action once everything settles down.

Convenience and hedging are the two reasons I see why they created stablecoins. They aren't backed by actual dollars but somehow, the ones responsible on the inception of these coins convinced people that they are useful.

Part of it is true due to the nature of consumers: they tend to ask for more than what they should receive and in order to keep their peers coming back, companies deliver. Some companies, on the other hand think outside the box and deliver innovation that the consumers never asked, and after some time the consumer slowly accepted and praised the said innovation. With that being said, merchant-consumer relationship is, at most times symbiotic since the merchants provide what the consumer needs, and in turn, the consumers support the merchants' products.