Most money launderers nowadays consider using bitcoin and other cryptocurrencies as a getaway medium for their heinous crimes. and while that doesn't seem to be appealing and do any good, it'll stay there, just like there are billions and billions of dollars being laundered in fiat as well. As for the blockchain tech, the innovation seem to have the positive side outweigh any negative implications for it. Automation is the first good thing I can think of when using the blockchain, next is security and transparency. Negative implications? I don't see anything bad for a blockchain tech really.

Methinks that we'll never know it immediately but if regulations get tighter and more and more people still buy into this thing, we'll never see bitcoin die. Short-term euphoria exists only when coins go on a bullish run and after that, everything's back to its normal state: no hype, no abnormal rises, just your regular trading day. If it does come to an end abruptly, good for those people who already made something out of it, and just proves that we aren't ready for a cashless society yet. At the early stages of this so-called experiment, we've already failed at the currency part, so let's see how well could we be in the rest of the journey.

May is usually the month wherein shorters take a good 'ol laugh and the hopefuls usually hide behind a thick layer of disappointment and disbelief. Though with the current lows of today compared to last year's, I'd still take the beating we're experiencing right now and accept the price. As I've noticed, everytime after an ATH is blown, we settle into higher lows (if it makes sense) and becomes a new baseline for the price to work with. As long as we don't slid under the previous lows of previous ATH, I think we're pretty damn good, price wise.

Uhhhh what?

You clearly haven't experienced the multitude of bad luck and dead cat bounces during 2014-2015. Most people during that time lost faith on bitcoin and called it a dead coin, while the remaining ones believed that it still has a chance. Most successful investors in bitcoin accumulated while everyone is yapping and scare-mongering. They remained to do so until bitcoin showed signs of life starting Q3 2016. The trolls kept on thinking that it's nothing but a mere dead-cat bounce, until it gained traction and the die-hard pessimists suddenly turned into bulls. With the amount of infrastructures created around bitcoin and money invested on it, do you really think that they'd let their money-making machine die? No, not a chance.

That's what we call sweeping private key. By doing this, you are basically transferring the whole wallet's balance into another wallet that you control that will then be designated into a new address. Most of the time, this can be done by scanning QR codes since in essence, this is still like making a new transaction. So to speak, it's a lot faster and easier to just sweep a wallet's private key if it have different addresses containing balances rather than doing a transaction one by one. It's economical and fast, too.

This website explains how this can be done using your wallet software. Good luck.

Those with little faith often lose battles while those who know what they're doing tend to play these weak hands like chess pieces. Old timers feed on the fears (and pockets) of weak hands, and it has always been like that long before bitcoin is even created and traded. Right now, the fear-mongering of the paid trolls are already making the weak hands falter and sell. I couldn't care less since I've been through many waves of this drama and the end result is always the same: after a major crash, there'd be a pump that gives people profit if they held through everything. It doesn't matter who's the winner or loser in these battles; the conclusion stays the same.

Personally, I don't think the governments would even let that happen or let bitcoin go so big that it will outweigh the dollar and other fiat currencies. Besides, there are still entities that hold vast amounts of bitcoin that they can control the economy at will if they wanted to. But if ever that happens, we will see smaller units for bitcoin and every marketplace and establishments would be accepting it since it carries more value than your traditional fiat currencies around. We're far from being a society run by digital cash and with the amount of bitcoin in the hands of a few, I doubt if we'll ever come close to that.

It would only be logical if one chooses to not get mortgaged up to his/her eyeballs because of a current investment fad which they don't understand heavily and only heard the success stories of others. Any investment is logical if it is well thought and planned, and not because someone made some money off of it, you'd also do it with just hope and luck on your side.


Also in the stock markets where every newbie thinks that it's just an easy game of guessing whether a stock goes up or down. It doesn't work like that, unfortunately. It needs a lot of careful processing and well-thought approach in order to make money. Most people who loan from the banks and start their business opens up a somehow secured investment unlike bitcoin which is highly speculative with no definite gains/returns per month.



This is true. Most traders make money from the price gaps their investments have in a short span of time. Easy money right? But still, no. Most of the time, the market can screw you up when you know that you're in for some great gains. Having said that, though you think you already got a great position, always be alert on rapid price changes because it can really screw you down to the core.

Never trust what McAfee says anymore. For all we know, this could be another ploy for him to dump off on those who buy his shit. I can't see why people still regard McAfee as a relevant name on the cryptospace when he openly posts on twitter that he's doing pump and dumps for any coin that needs his social media power. There is still a huge control of the bears right now in the market and as I see it, there'd be no bull run whatsoever that's happening in the immediate future. There might be some short-lived pumps but a full-blown bullish run? Not a chance this year.

That's really a short yet effective way of advertising if you'd ask me. If the target audience don't have much knowledge about the coin, there's a huge chance that most people would be curious and look it up over the intenet. It generates some form of unique interest from the masses that stems into more intriguing questions. They'd soon get hook, and hopefully get theirselves involved in the ongoing craze about cryptocurrencies. Subtle yet effective advertising always works wonders IMO.

They've been telling the same thing for years now though people still seem to ignore the adverse effects of investing in a relatively unknown and unregulated asset. There's nothing they can do if they release such memos since people would just ignore it, given the recent runs which prove that they, too, can have the same success if they got in on the right time. Banks would naturally go against the idea of people using bitcoin because they'd be out of business if the crypto goes big and everyone goes on investing and using it.

We already broke $8000 and the price has stayed a bit in the low $7800. Good thing is, the downward pressure isn't strong enough to cause a massive panic amongst all newbie traderswhich, if it did, would surely send us flying below $7000 again. Short-term price predictions and sentiments seem to be favoring the bears, , and there aren't any strong bullish signs that suggest that we would be out of this hole within the next weeks. Sell indicators are still strong though I believe that most people willjust carry the burdens of a falling price rather than sell their coins now.

There are a lot of things that make up bitcoin's value, and a single one ain't enough to make the cut. However, what makes bitcoin so appealing to most people is its ability to store value over time. Some people find this as an excellent feature because in the midst of a recession or economic downturn, people can still cling to bitcoin and put their money until the downturn subsides. Next would be bitcoin's "money without borders" feature. Anyone can send and receive bitcoin's without having the need tk exchange currencies just to get the sale done. Last would be its P2P network. The network alone is secure enough to make sure that the integrity of every bitcoin transacted is preserved. It's trust-less and transparent feature makes bitcoin a trusty investment.

Instead of questioning bitcoin's ups and downs, why wouldn't people just go on and capitalize on these price changes instead of giving volatility a new meaning? Determining current trends and whatnot sure helps a lot for traders, butt for normal investors like most people here who intend to go long, why need to go on and gather mental stress? Everyone is waiting right now to sell their coins but long term prospects tell us that we're still bullish. Personally, i think a good reversal would happen after the months of May and June are over, and we could go on full-blown bullish mode again. I just hope that there'd be no more large-scale sell offs that could potentially bring the price down.

Volatility has always been there due to bitcoin being a highly speculative asset. Everyone's making money off of it despite the rapid ups and downs. If you are taunted by these massive price swings then maybe investing in bitcoin is really not for you. Also, regulations are bound to happen as bitcoin also grows. If there'd be no regulations to control the flow of crypto and how they're being used, there's a high possibility that this would be a safe haven for criminals. The change bitcoin is undergoing right would be for its own sake and maturity. Leave if you must, but if after 5 years bitcoin goes big and you're not there to reap the benefits, don't feel salty and spread FUD just like some people around here.

You are not wrong on your idea. Mixers are made to hide the taint of the coins that you received or to just obfuscate it so that no one could trace it. Once your coins entered into a mixing service, they would fully replace it with coins that came off clean or has other taints in it to cut off the previous connections of the coins to you. In essence, it is untraceable since the coins you will be receiving came from many inputs that are hard to track. So yeah, mixers are pretty damn safe.

I think you're worried about the taint of the coins you might be receiving from a mixer. AFAIK, these mixers already have their own set of clean coins ready to be disposed once a user decided to utilize their service. Also, I think you will not be receiving a whole chunk of coins from a single input but rather from many inputs, hence the term "mixing". You should not worry about it because even though your coins are linked to a crime, they can't accuse you for doing anything since money also change hands everyday, so does bitcoins.


IMO though, tainted coins should be accepted as is since it's not your fault to receive such, and if the original owner of those coins have to get it back, it will destroy bitcoin's integrity as a currency since everyone can just claim that they're hacked and receive their money immediately.

For bitcoin to work as an effective currency, it needs to be stable. The reason why there aren't that many merchants around the bitcoin ecosystem is because they are scared to receive a payment that's too volatile. Bitcoin would have been an excellent currency since you can use it across borders without having to exchange to a country's local currency just to buy something, so there's that.



I see one: merchants. They could potentially bring a lot of people in this ecosystem since their peers could use bitcoin as a form of payment. I don't really think that it will happen sooner or later unless services like BitPay continue to deliver cheap solutions for such merchants since it also takes off of their profits because they need to pay the concierge to receive the equivalent in dollars. It isn't that serious of a disadvantage but still a disadvantage nonetheless

The same predictions were also made back in February when the price is even weaker and support levels seem shaky. Right now, even if the price is in a slump, there is still a huge bullish sentiment left so I doubt that it will lose its grip on $7000 or even $6000 that fast. There's still a huge room for reversal even with the short-term signs pointing up to a dominant bearish trend and I'm still hoping for such to happen within the next few weeks. If not, then I guess we'll be seeing the good 'ol $6000 again.

As we've witnessed in 2014-2015, the price didn't make any shaky moves or high and daring rises. Instead, it looks like it flat-lined for over a year before it made some noise early on 2016. The traders didn't want to disturb the market while they are trying to buy cheap coins, that's why the volume isn't that high yet they managed to get some huge gains. I believe that every accumulation phase, the market becomes still and quiet. They only start making noise once they are already full and have a very good position in the market. Personally, I think it would take us another crash and a few months for these guys to accumulate and do some big hyping and release a bullish signal.