Simple, they just let crypto flourish in their land and imposed regulations that aren't strict but at the same time can't be abused by money launderers. As was said before, proper regulations without any form of corruption leads to growth, and satisfied citizens support their government in return. It somehow formed a symbiotic relationship between the citizens trading crypto and the government of Japan that the latter can ask for taxes on capital gains without the former getting aggressive about it. It also shows how advanced Japan is compared to other countries in aspects of technology and, well, caring for its people.

Most people oppose bitcoin simply because they don't understand the potential of it changing the world. During the advent of the internet, many people thought that this another innovation waiting to fail since they don't see any practical use for it; they are still living through telegrams, fax machines, snail mails.. basically the olden times. When they realized that the internet is very practical in sending and receiving data, many startups popped up that utilizes the internet which then resulted to the dotcom bubble. After that, the internet still exists today and has been a great avenue in sending and receiving vital information from across borders. In the case of bitcoin, if people only realize this, imagine the growth it could bring..

There were some cases in which bad news didn't affect the price and that was during the bull run. Financial experts who continuously bashed bitcoin for being "useless" and "impractical for real-world applications" also contributed in the string of bad press for bitcoin yet the price ignored these things and we just went on our merry way. Though at some way bad news help in changing the sentiment of the market, it still isn't enough to solely move the prices since traders still act on what seems to be the most profitable move irregardless of the news circulating around. It does have some sort of relationship to the price but it's not always the case IMO.

$8500 isn't really that hard to achieve IMO, seeing that we gained over $1000 in a span of a week. I'd rather say it's a form of a resistance level but certainly not a mental barrier. $20k remains to be the real mental barrier as it is really hard to cross right now. Even in the previous bull run, we only fell short by $500 only for the price to crash so hard back to $13k then $6k.

Anyways, support levels seem to have established pretty decently in $7800 and $8000 respectively, with stronger $7000 support already in place if the bearish trend appear yet again. This is a good start: slowly climbing back up and establishing crucial supports. I hope this is not another bull trap since it will really be a bummer if it is.

Gold and silver have been the safe haven of people who think that the financial markets are going to a downturn. The ability of these precious metals to carry value despite having everything around them being burned is really fascinating, which makes them clear winners on investors' picks. Then came along bitcoin, who also has a tendency to hold value and could potentially net any investors some profit if held for a long time. As was said before in similar articles, the Dow is not performing well while the bond markets are nothing short of a mess right now. If the pressure keeps on going, it will soon crash and the only sensible thing to hold are precious metals and bitcoin (perhaps).

Some exchanges were known for notoriously faking trade volumes and such, but I haven't come across a solid proof that exchanges are indeed participating on insider trading, and if that's the case that might fall under money laundering (IMO) though still depends on the country's laws where the exchanges are registered. True that there are some times where trades are somewhat halted on exchanges especially if there are huge volumes going around the platform, but that per se isn't a proof of them faking trades and controlling the market.

And why do we need to mix-up psychic abilities and shits with investing again? Does it yield any interesting results that are really concrete and not some lucky happenstance? No? Then why practice it? Anyone can claim that their success is due to this 'clairvoyant' approach, but how effective is it really? Does it provide anything superior from an sensible analytical approach? Why risk money on something that has a high probability of not working? Too many questions, but honestly you've only read too much Nostradamus' predictions and shit.

Btw, nice website.

There aren't any right or wrong answers in here, as both ideologies have their own flaws and uses. Socialism promotes a good wealth distribution while capitalism focuses on the people who have the means to create new products for the people in order to make more money. I for one believe that wealth distribution is good, but equal wealth distribution? That will only exist in a distant, Utopian future (if we haven't incinerate this planet into ashes by then) and is not ideal since the economy would go stale and no one would want to work anymore. There is also a high chance of the officials going berserk and corrupt. Capitalism, on the other hand, utilizes resources in order to create services or new products, which then employs manpower that works for them. Due to this, economies get stimulated, new products are created and a wider competition in the market is created, thus favoring the poor in the ultimate end.

People often fail because they listen to the noises rather than look for a definite signal. Those who over-complicate things end up being the losers, while those who look at simple and precise strategies end up being the winners. It's helpful to look at past movements and all, but thinking that it will fall of at the exact same pattern clouds one's judgment and might lead to bad calls. That's why I don't employ the use of telegram channels that claims to give off positive 'signals'..


Which is kinda scary since you have no control over such a thing. They can screw you up without you even knowing because you are "trusting the process" too much.

The data isn't really fascinating since the volatility of bitcoin's price is really high but nonetheless it still is a positive sign that we might be heading towards the greens in the next coming weeks/months. I don't want to get my hopes up too much yet but with the plans laid out by institutional investors on building services around bitcoin and the blockchain, this could warrant yet another bull run.


In 2014-2015, there were many innovative services that was launched yet the market remained on a slump until Q3 2016 since these services haven't gotten any widespread attention, and if there was, it's only short-lived. What the market needs--unfortunately--is the attention of the masses and not blockchain-related advancements for the price to push. Innovations, though a good thing, isn't really a sufficient mover if you're looking at it price-wise.


The tax season is over in most parts of the world so it might mean a go for most traders to buy and buy and buy. The crash simply means that the gains up until December 2017 is unsustainable, and there's no way the push can still be done so most traders already sold. As for Q1 2018, most traders sold due to the tax season, and now we see that the price is already recovering since that is already done.

Most traders who are burned in the end are those who are impatient or wants to chase their losses. This incorrect way of thinking leads to disappointments and frustration. Also, greediness gets the best of most traders, especially if they 'think' that they can still somewhat abuse the market conditions and gain more profit, only to be slammed down hard by the harsh market afterwards. Self-control really is a vital part of trading as it helps you do the right thing without risking your assets, your money and your own sanity. Sadly though, most people are still trading out of their own irrational thoughts and emotions.

This is because most of the money are already in the coin and no one is insane enough to buy a huge amount of bitcoins at that price since the volume is showing that bitcoin and other crypto is already overbought. These launches mean nothing to be honest, as the top has already been priced in and most people are already waiting to bail out with or without the institutional investors chiming in. Unfortunately, most people still believed that the price would still continue for a push that lead to massive disappointments and losses.


Big traders could capitalize on these news and might start making some hints that something is up, but this doesn't mean that we might see lucrative gains again just like what we've witnessed on 2017. Institutional money is already within the realms of the cryptomarket, it's just that it isn't publicized yet. If there are information regarding that, it's too little to be certain about. These guys know how to get a good position on every investment fad appearing, so before we all know it, they're already knee-deep in crypto before making the big announcements.

This kind of generalizes the people/traders behind every market movement, and that to me is somewhat inaccurate. You don't need to have 1000-10,000 bitcoins in order to become a whale. Even those with 50 bitcoins can move a certain coin's market if they so do wish, especially if there's profit to be made. As for those who doesn't have the financial capabilities as whales, some of them are inexperienced in trading, true, but there are still some modest traders that can compete when it comes to trading strategies and whatnot, they just don't have the $$$ to trade every so often.

Nobody is even ready to accept bitcoin as a form of payment in exchange to their goods and services either, so there's that. For an economy to prosper or be stimulated, it needs merchants willing to sell and buyers willing to pay; you can't have an incomplete set of ingredients in order to make an acceptable recipe that would work, so the blame shouldn't always be on the holders but also on the merchants. But yeah, since the volatility is acting crazy every time, no one would really want to accept payments as it has a high tendency to decrease minutes after they've received the payment. Most people right now are inclined to use bitcoin as an investment vehicle, so yeah, store of value would likely be the main use-case for bitcoin and cryptocurrencies in the next coming years until the volatility subsides.

Personally, ever since the price hit $6000, it was already the time to buy (at least for me) since it might be a long time again before we see such levels. Currently, the price seem to have consolidated at $7800 and $8000 and have not went under that for 3 days. If this was a bull trap, it would be over in about a day or two but nope, it stayed there as if it was its home. Hopefully this would hold, because if this wouldn't, we might see a very tricky $6000 yet again or can even go under that.

Possible to reach such heights, though it's too soon to call it since there are still some hindrances along the way that might oppose any form of bull run in the coming months. The prices have also toned down a bit in the past few months which suggests that someone is accumulating and something is brewing. Most of the time, a brief silence in the trading scene often leads to spectacular bull runs, which we all have witnessed in 2017 and prior to that is a 3-year streak of nothing but 'dead cat bounces' and unsuccessful bull runs. $25000 is pretty achievable in a baseline of $6000 IMO, and the mere fact that many financial institutions are recognizing bitcoin helps in lifting the confidence of the people with bitcoin.

No, as altcoins are just mere money-making machines for some traders that don't see any real practical uses for them aside from being their piggy bank. There are thousands of altcoins that are being created every single day but none of them prove real importance to the society aside from a few outstanding ones. Needless to say, even if the whole crypto market is drowned by the presence of these alts, bitcoin would still remain king as it was the 'first' coin that proved useful for people and most services and companies recognize it as a payment method.

Bitcoin is currently being populated by traders from Wall Street and other forex markets that uses TA and indicators that are mostly working within these financial realms. Right now, these indicators are somewhat being ignored by bitcoin's movement and oftentimes, when traders 'know' what would be the next price movement due to the indicators giving it away, bitcoin simply doesn't follow it and goes the other way. It might seem that TA and indicators are not important, but it is the lingua franca of traders who came from different realms so as to have a common understanding on the markets and most especially the price movements.

The trick in investing crypto is that you don't sell at a loss, especially with bitcoins. On some other relatively unknown coins, I tend to not meddle with them especially if there isn't a wide market wanting to hype the hell out of the coin to gain some massive boosts. If you only hold bitcoins, that's good. 40% losses are nothing if you compare it with the rewards available if you go long, but this is something only the most patient guys would do. You can look at the charts from previous bull runs and you'll see that price stagnation often leads to crazy gains that no one ever thought would be achievable.

If there would be a huge hype train and massive attention gathered from the masses and financial magnates alike, no wonder we will get to there though we need to get a solid footing first. Before, no one ever thought we'd cross $1000 again, nor would we meet the $5000, yet we managed to climb to $10k which is pretty much deemed impossible just 2 years ago and lo and behold, $19k was the top of the mountain before it went on crashing its way to $6000. In bitcoin, anybody can make lucrative guesses, only for the price to deliver after a couple of years just like what we witnessed on the previous bull run. But that would still be up to the demand and supply thing and what kind of incentive would people get in investing their money to bitcoin.