Or maybe they don't want to really ban ICO ads. I speculate that the government has put some pressure on this big social media giants that's why they are banning it, however, they haven't put any filtered yet that's why we still seen a lot of ads popping around those social media. We know that they are big companies and capable of putting algorithm around their platform to clean it out, but why we are still seeing it today? Because its gonna take a lot of effort on their part and I don't think they are willing to shell out money just to do that. They are other important things for them for sure, and banning crypto ads this year may not be their priority.

On the contrary, I don't see or consider it as a great victory yet. On the other hand, I'm personally shock as to what the signals these governments are giving us. I really thought that the G20 thing will bring so much negative impact, however, its not. I'm not totally sold about the outcome of the meeting, its better than expected, but for me its like they giving us false hope. Furthermore, they are calling for crypto regulations in July so its not over yet. I hope though that there will be opposition on a "universal regulations" as being pushed by countries France and Germany. Let's see how it goes and I hope that by July clearer picture is already on the table and the dreaded single regulatory body will not get consensus from member countries who are friendly to bitcoin and crypto in general.

LOL. I know you wanted to calm people here who are selling their bitcoins in the last couple of days. I honestly think that you are genuine and doing it in good faith. However, at least you need to back it up otherwise members here will just mock you around for giving us your predictions. This bearish sentiments has been in the air for 3 months already so I don't think in the next 3 months we can suddenly turn around this market. On the other hand, we just don't need to stay cool and calm, grab this opportunity to stack more bitcoins. And when it really goes to the moon as you have predicted, then its gonna be a win-win situation for both of us.

Well we all know that after the December madness, there are a lot of newbie investors who got burned. And as for the last 3 months of so, there are a lot of experienced traders who doesn't want to hold that long seeing how volatile the market is. Every dips they buy and when we thought that we are out of the woods, they immediately dump  talking small margin of profits. Plus the FUD really added fuel to the fire that those who are in for the long haul, just decided to sell off and probably not coming back anytime soon. Personally though, another perfect time for those who have been in the game for so long. Purchase it when the price is at a discount then sold when it bounce back. $7,100 is really quite cheap so I don't know why people are still no jumping in today.

I agree. It may have contributed to the current dumps  that we have witnessed in the last 24 hours or so. However, it you look at the better picture. Japan is really doing it because they don't want another Mt. Gox or Coincheck incident that's why they have been tightening and closing any loopholes specially exchanges security. I'm sure that if those exchanges really wanted to join the picture of this crypto boom, they would submit everything as to what the Japanese needed for them to be fully operational. Sadly, it looks like they feel that there are too much pressure from the authorities and they just decided to throw in the towel. Good news though is that there are still a lot of exchanges in Japan that we can still used though.

Hmm. Isn't it that the Chinese government is already waging war against crypto since September of last year? How come you still lost 40% when they are no longer the superpower that they once are? I don't think that this is very surprising to be honest, that's why I believed that the next crackdown will be the bitcoin mining farm. If you are taking as to was causes the downtrend today, I don't think that this is one of the major factors as many of us already know that they already turn their backs on us. As far as their own digital currency, nah, I don't think that they will be successful, people wants decentralizes crypto not something back up by government with heavy taxes on them. Might as well go for stocks or mutual or any other trading portfolio.

Yes, reading the market is very smart, however it would be very difficult at times because of so many news source and just what you have said, you need to filtered out everything and not just come into conclusion. This what's separate newbie traders from more experienced one. Newbies tend to be swayed by every negative news and react swiftly without looking at the bigger picture.


Strategies is based on the market situations. One simple strategy is if everyone is selling, then you should hodl and also buy more.


Of course big risk, big reward. There's also such thing as calculated risk. You can even do diversification, so you can also protect yourself from such high risk that may not turn in your favor at the end.


No need to put emphasize on this, as we have been spreading this old adage in this forum for a long long time. Sadly though, there are still investors who don't have control of their emotions, so instead of maximizing their profits, then ended up losing more.

I think this moved is likely to get the ire of the Russians. On the other hand, this is way for Belarus to say "f*** off guys. LOL. Anyways, I'm not surprised by the moved of the Belarus government because as early as December of last year they have initiated or offering tax incentives (5 years tax exempt) to attract potential crypto activity on their country. Belarus really wanted to be a big player in this cryptoverse, they even wanted to be a cryptohub, boosting of High Tech parks and Economic Zone. Even drafting laws friendly to crypto. So lets hope that they will attract a lot of ICO companies who wanted a safe haven.

LOL. I have a good chuckle to be honest. PBoC already shuts it door on crypto and ICO and now they are making a legal research to legalize it? What is going on in this world? Seriously, I will take everything with a bag of salt coming from China, just like what I have been preaching for almost a year now with Russians. Although nothing is permanent, but I'm 100% sure that Chinese will not legalized anything related to crypto, heck they might even put a total hammer ban that's why Bitmain is ensuring that it will continue its business by eyeing Canada to moved its bitcoin mining farm. And if they did changed their mind, what do you think will be the main reason for a sudden U-turn again?

You referring to the Mt. Gox trustee? Sorry but the guy has a name, so please don't refer to him just a whale because he is real as opposed to the Gox whale you portraying as something of a myth. And what does Mr. Kobayashi has to do with the price lately? He has been exposed already and there are even reports that he needs court order before he can so something with the coins so please stop spreading fake news.

For those who are not familiar with the term HODL:

https://bitcointalk.org/index.php?topic=375643.0 - I AM HODLING. So for newbies, at least you will know who coined it and made it a classic crypto term. LOL.

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Yeah, the market is very volatile and fragile and just in the last 24 hours the price has plummeted to $7500. Well "bull and hodl" is very much applicable still if I'm not mistaken. Lets put 2017 as an example, beginning of the year was also troublesome, started with $700++ and then surges ahead to $2000 because of the anticipation of the Twins ETF application. But when it was denied by SEC, the price went hard to $900, but guess what, at the end of the year we hit almost $20000. So that battle cry of buy in dips and just continue to hold, keeping it up. The price might be under pressure today, but I'm also still upbeat that we can overcome everything so its really better to HODL. and take your profit at the end.

I would have to agree that we didn't forgot how China suddenly turns its back on crypto after leading the way for many years. Yes, there is a massive dump after the news but it lasted for just about a month if my memory serves me right. But this time, this bearish market has been what 3 months already and there's no sign that it will be over soon. As far as this year? Yeah, probably one of the biggest discount so far. Good buying point as far as I know.


I guess there are a lot of investors who got burned around the December madness. Some may have cut their losses already and sold their coins. And with this bearish market, I wouldn't think that they are going to invest based on what they have experienced. But for more seasoned trader, another opportunity to get into the picture.

They are really in trouble and they needed this win desperately because its crazy in the West playoff right now and every win is a must. And to add to the record, he is the youngest since Shaq did it in 1994. He really need to step up as we all know that All-Star Jimmy Butler is out. It is still a impressive display although the Atlanta Hawks is undermanned. What surprises me its that he surpasses Mo Williams, I really thought that Kevin Garnett holds the record for the T'Wolves franchise.  

Here is a old thread about OKCoin

https://bitcointalk.org/index.php?topic=1688021.0. To summarized, its $22K that the OP, supposedly lost, but OKCoin was able to able to give back the money to him, but the problem is that it took them 22 f*** days. So far as per coinmarketcap they ranked miserably at 176, with BTC/LTC/ETH only. So I guess it says it all. They are fairly small exchanges so I wouldn't do my trading with them. I would instead go to more trusted and reliable exchanges. Sorry to burst the bubble dude.

I think you made this thread when bitcoin was just hovering around $7500-$8000 levels, but as you can see we still survived and even get above $8000 for several days and make a good 3 day run. However, we are back to this situation again. The Mt. Gox debris will not happened, not this year because there are really so much at stake as compare as before. Also we have a lot of exchanges today, not just Mt. Gox that's why the hack has put a significant dent on the market and we have witness almost a year of bear market. What's happening is just another series of test, government's relentless offensive, central banks FUD, social media banning ICO and crypto ads. But at the end of the day, bitcoin will overwhelm everything and I still think that we will not end this year without all-time-highs.

100% agree, its not really FUD, but for those who are new into crypto investments, this technical terms are somewhat confusing and they might take it wrongly as a signal to dump their coins. However, we have seen this kind of movement just last a week ago, bitcoin plummets to $7500 but actually regain its track above $8000. So technically, it might be "death cross", but the question is that, can we recover? I'm fairly optimistic that we can as I have said, we have been in this situation numerous times already so there's no need to panic or even entertain the idea of offloading your coin because you simply don't understand what is going on the market right now, "death cross" or "bear trap" or whatever they call it.

Well we could be entering as what they call a "death cross" or a "bear trap" so indeed it maybe a sign of a danger zone as we are at $7600. But as far as I can remember like 10 days ago, we have been in this kind of situation, and it a matter of hours, bitcoin suddenly get up and moved past $8000 again and I was surprised as to how it quickly bounce back. So this is nothing new, no need to be alarm. Maybe it was brought by the news coming from Twitter (after Facebook) about banning crypto ads. So I really don't think that we can go to levels of $3000-$4000. If it did, then what are you guys waiting for, another golden opportunity to purchase more and just HODL and then do nothing. I'm pretty sure that we will not end this year without new all-time-high so get your funds ready for another buying spree.

Not all, those we have bought bitcoin at the top price is already burned and murdered in the last 3 months and they are the one who decided to get out and just suffer a lost. For those who didn't sell during the peak of December and continue to hold may have also offload some of their stash. But for most of us who really took home big profits has somewhat get back at the market, slowly, just buying in dips. Personally, I'm not shaken with all the crash or price correction, I'm not saying that I'm immune, but I know that we can still recovered and the bullrun that we all have been waiting is just around the corner.

As I have mentioned, you can have volatility as your friend in this market. And we don't need to attached volatility with negative, you can also take advantage of it in your favor. Just like we preached here, if the market is down, then that's the golden opportunity to enter the market again. And bitcoin will not stabilized, no matter if there is regulations or not. What matters is that you have to take the every opportunity that the market has to offer to us. Currently the price is somewhat "stuck" to $8500-$8900, so for me its still a good time to purchase and just hold.

I think if he/she has found the solution, at least have the decency to come back online and inform the community that he/she has found the solution with the help of the forum members. I still remember one member you says that he has 7 bitcoins, but didn't know how to retrieved it. Everyone tries to help him/her, apparently, he/she didn't came back so I'm sure that one way or another he/she was able to retrieved it with the help of our community. At least a good thank you note or even acknowledges that indeed problem is solved already.