There will always be questions regarding the speculative side of bitcoin since people are invested and money is on the line. There are no wrong questions when it comes to speculation, only dumb, thoughtless and stupid ones. People always want to know whether their investments are safe or not, and to get some form of 'assurance' they ask the community on what's their take regarding the most plausible route their investments might take. Having said that, those who ask such questions are typically the inexperienced and are scared to lose money overnight. It's good that these questions pop up, though, since you can see that there are a fair number of newbies (and not just signature spammers) asking questions about something they're fairly inexperienced at.

It could work as an effective means of payment with the expense of fiat being unused and possibly harming the general economy of the country. While I see bitcoin being the greatest financial development of the modern age, this could be a means for the rich to get richer and the poor to work harder without any increase in their quality of lives.

The reason I see why banks generally do not like crypto to grow is because it will combat fiat in a sense that the circulation would be off and the rich can just hoard more money in the form of fiat or bitcoin, or both. Oftentimes, this does not pose a threat, but if that money isn't tended, or isn't being used, the rich will only become richer as time goes by while the poor workers will work hard expecting the same wages since there's simply no money available for picking. It's good if the rich can invest his money into more infrastructures creating more jobs for people, but oftentimes, the rich only buys financed vehicles, interest-bearing accounts, precious metals and other value-bearing assets. Without any increase in profit for the company the rich man owns, his taxes would remain the same while getting rich on the background. In short, fucking up the economy. Bitcoin and cryptocurrencies are the perfect tools for just that.

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If you want to read more about the technical aspects of bitcoin and how it might affect the current financial system, the Whitepaper is a must read for you, then look for Satoshi's own words here on the forum or other forums about his stance on the economics of bitcoin and why banks can disappear with the advent of P2P cash system.

So technically, you will be limiting the available supply for traders to work with, and in theory, the lower the supply is, the higher the price will be, though that also needs the help of demand which is I think a more important part of the equation, This might work, if the demand available for bitcoin is extremely huge, and the current hype about the coin is present. You need to consider a lot of factors in order to make a price bump before limiting a coin's supply. There are already too many hoarders at this current time yet the price isn't up. Why? Because there's simply no demand yet, and it will remain as is until someone starts buying in heaps and significantly move the price up.

If the user or receiver of the cryptocurrency is being used to make a profit, or is hoping to make a profit out of it, I think that is the time when it will be haram, otherwise it's all good. Bitcoin is, in essence, a currency existing on the digital realm, so by definition it can be used as a form of money if the user intended it to be one. I'm not certain about Islamic laws and teachings as I only studied them for a short time but I do know that zakat can be done with goods, money etc., so yeah, I think it's okay if the receivers of the said donation don't use it in gambling or making profit.

This was more like the altcoin bubble of 2015 wherein altcoins experienced a huge growth for themselves and bitcoin is kinda left alone in the corner, stagnating and 'dying' as what altcoin enthusiasts called it. No matter what approach altcoins would take to market themselves, they'd still be considered as alts at the end of the day, and to be able to be bought with direct USD, an exchange should be well regulated to operate as such. Seeing how easy it is to create altoins and sell it for top dollar after some hype, this will be monitored closely so as not to develop as a safe haven for money launderers and fraudsters. They can decouple from BTC anytime they like, but it's hard to even get an exchange running with ALT/USD to begin with, so there's that.

Possibly not because of scammers, they're just not active on twitter and that they might use it into some other things they might see fit in the future. With Jihan Wu considering to make an IPO of BITMAIN, this might sound the best time to make a complete overhaul of the twitter account and use it as a tool for direct public relations and customer support (if possible). Twitter is a great avenue of getting your business' word out there, so I'm sure they have a lot in store for their twitter account in light of the recent plans for the company.

Those who got early in the game has a high chance of having thousands of bitcoin on their arsenals, especially if they haven't sold any yet. Interestingly, the numbers of the pioneer investors and enthusiasts has since dwindled, and the wealth has been distributed to the elites of today's age, with only a few percent reaching out the average Joe's and the minnows of the sea. We really can't do anything about the distribution since we don't have enough spending power to buy bitcoins to ourselves, whereas the rich can buy how many bitcoins they want and be richer still.

Every investment has some associated risk with them, so it's normal that everyone in the crypto game are risk-takers in essence. But with the crypto market's movements, I don't think that taking risks alone is enough, you also need the wits and the guts to take the mental stress further, especially in tough times like this wherein there seems to be no hope for the price to make some great rebounds. While crypto trading holds many similarities to stocks and forex, it still has this element of randomness and surprise that poses bigger risks for the investors than the mentioned two have combined. Frankly, forex and stocks are relatively safer since it's already filled with regulations and consumer-protection whereas crypto trading is somewhat an uncharted territory with little to no regulations exist.

It will remove the centralization of miners from China and the hashing power would obviously move to somewhere else, or better yet, be scattered and distributed such that the term 'decentralize' becomes a fitting description once more for the said cryptocurrency. But surely, this will bring in a huge hit for bitcoin especially price wise; mining costs is one of the reasons why the price is up, so when there are less miners, there'd be less difficulty meaning relatively easier to hash out bitcoins even with a few miners involved. The price would take a huge beating, but afterwards it might stabilize and find its way up again.

Idk what they're on about bitcoin, but one thing I know is that these guys don't really promote the use of crypto since they're pretty much the 'dollar advocates' of our current time. Anyway, it's just good to know that these guys, no matter how facetious it may seem that bitcoin is on their front page, might send some strong buy signal to people and realize that even the government's top dogs in promoting fiat are also seeing good in bitcoin. Or probably they are already developing their own crypto and the reason why they place it in there is to subconsciously implant to our minds that we're heading towards the crypto age anyways, and bitcoin is the most successful one in the time being that's why they placed it there. A lot of possibilities, but nevertheless, still a good press.

It's normal for people to point the blame on to something they know that took quite a hit in the past, and Tether is a likely target for the unknowing people wanting to summarize what really happened on the 2017 ATH run. I'd also believe that the Koreans were a large part of the said bull run due to their exchanges having 0 commission fees for every trade since, as OP put it, no amount of losses whatsoever would be incurred no matter how many times one person or group of people were to execute the same kind of trades to inflate the prices over and over again. Tether, on the other hand doesn't really have the financial capability to inflate the prices that much, nor even make a dent into bitcoin's run in 2017. This is just another try to get views without really looking into fundamentals and possibilities.

As for the price crashes of today, I don't think it's the lack of regulation that causes these hard hits on bitcoin but rather, the waning interest of the general public and lack of support from the bulls currently. Honestly, I don't see why the average people would buy bitcoin at this point of time, given that there's no incentive for them short-term and long-term, they might just lose money.

Personally I wouldn't entrust all my analysis in such patterns as bitcoin is notoriously known for breaking the traditional analysis and patterns no matter how close the patterns are to what's happening in the market. While it gives you a good insight of what could possibly happen, it still isn't a solid basis on having your decision done; you still need to factor in the current market conditions by looking at the exchanges and not the charts alone. Also, charts only record what's happening and what has happened in the market, but it isn't an accurate tool on knowing what will happen in the next coming hours, days or weeks.

Possibly a show of force from the CFTC's side? There are tons of fraudulent events going on every day yet they laid their eyes on the crypto scene, which makes me think that they're now trying to get involved to show people that crypto isn't untouchable. Moreover, with the growing interest of people on crypto and 'knowing' that they can sort of make a lot of money by just buying, of course these people would also want a share of the pie. Strict regulations regarding crypto are possibly already in the works, especially in spoofing and other fraudulent trading actions that are happening within crypto exchanges.

This doesn't warrant a new post or article every day or two, as it's already widely known that whales control the market behind the scenes. The recent action of the US gov't to crack down spoofing on crypto exchanges is one of the many deciding factors as to whether there's some whale action going on or none. Most of these articles popping up failed to deliver that the spoofing issue is already a giant proof that certain market forces exist that warranted an investigation on exchanges. It's not only on crypto exchanges that such whales move but also in the bond and stock markets however they operate as subtle as they can be so as not to get under the Fed microscope.

I also thought of the same, though there's a chance that there are different Muslims who don't treat it as such. But tbh, I don't see a strong link of Eid on the price losing steam since most of the time, BTC/USD doesn't care whatevee holiday it is; no matter how the weather, what event it is, BTC/USD always trades and therefore never loses people doing some action behind the graphs. Hopefully this is true, since price just broke one key support earlier thiss day, and that's increasingly worrying I should say.

Crypto isn't a magical tool wherein you can create money without using some catalyst or putting your own money first. You need to have some sort of capital before you make money, or work for the money then buy crypto.  4 years ago, I'm just a minimum wage worker at a local fastfood chain and started buying crypto. That small amount made me a proud owner of a small printing shop that enabled me to pay bills and save money. I didn't get the money or bitcoins freely but I worked for it, ensuring that I'll have something every paycheck for my crypto funds. Faucets and airdrops won't do the trick since they only pay miniscule amounts. Just focus on getting a job and hopefully, allocate something to buy crypto and treat it as an investment fund.

The name at the end gave it away, though yes, on the long-term picture we are still doing pretty decent in terms of price. We suffered similar losses back then, and there's a high chance that a rebound is underway within the next few days/weeks. If the pressure proved its strength and pushed us way lower than $6k, chances are it could slip past $5k and settle at $4k levels which, I hope doesn't happen. The bears are obviously in control right now, though I wouldn't give up the fact that we've been here before and this, possibly is another shakeout.

It varies from country to country, I should say. Some might consider it as legal tender while other country might accept it as a currency, security, a different asset class or an investment--it really depends. This is what makes bitcoin great and bad at the same time, its flexibility makes it a nice asset to hold while on the other hand it confuses the average people on what really their bitcoins are, though I think that as long as it has value, it can exist as anything the government wants it to be, so in the end it's still fine.

Patterns and trends are great for short-term market movements and all, but if you try to use the same patterns in a different time-frame, or even describe/generalize the overall trend for a certain time, it wouldn't make sense since these patterns don't live for long, or don't repeat itself always no matter how similar market conditions are. Simply put, patterns and trends aren't everything, as it still boils down to the willingness of buyers to pay for a certain price and the willingness of the sellers to sell at a certain price until they agree to make the transaction. In the crypto market, it's no different; people try to make analysis by looking at charts, creating some patterns and predicting a trend from there without even considering the market conditions on its minute scale: the buyers and sellers. Don't get too caught up in studying patterns and trends since in the cryptomarkets, these aren't happening too often.

Right now, the price is hovering @ $6300-$6400, while the price in February is close, the current market sentiment is still negative so there's a high chance that we'll be playing on this field for quite some time unlike in Feb wherein a fast rebound happened. Positive press and news don't seem to help as well, so most probably we're in for another gloomy month and if it continues up to Q3, no highs will be achieved even at the end of the year.

Possibly another guy destroyed by wild speculation and believing that everything in 2017 is rock solid and will not drop? Cool! Everyone who relied on other people's analysis during that crazy rise and haven't bail out once it's near the top are the ones who are crying now since they're the ones who suffered heavy losses. FUD threads would surely come knowing that bitcoin has hit yet another low in the past months it's becoming somewhat of a trend. It's true that it's possible that prices might go even lower and wouldn't reach $50k, but with the amount invested on mining rigs alone, add the services and infrastructures, do you really think that deep pockets would let the fad die out knowing that they make a lot of money? No, no I don't.