The current "crash" is caused by one bad "news" after another.   A lot of them are the false or twisted truth.

For example, today, once again "China Full ban crypto".   What the...    Why is it causing another crash??  Why is it even "news"?

It was already banned in China back in September 2017.   All trading platforms suspended trading in September.   Anyone from China who still trade Crypto must be using foreign platforms.   Sure, they reported that China added all crypto exchange sites to Great FireWall.   So what?  These people have VPNs!   When I was in China, everyone who visits foreign sites use VPNs.   Yes, China banned VPN as well a long time ago.   So what?  Everyone is still using it.   Just like ignoring the traffic light is illegal in China, but at every intersection, you will see people ignore the red lights... the truth!   Just because it is "illegal", does not mean no one will do it.   

So just this (one) news of China banned Crypto, it was repeatedly used to crash the Crypto market (4 or 5 times).   Do not fall for it!
1.  Summer 2017, China banned ICO.
2.  September 2017, China banned crypto trading.
3.  November or December?  China became unfriendly to crypto mining (Large-scale miners moved oversea already)
4.  January 2018.  China banned websites of foreign crypto exchanges. (VPN!!!)
5.  Today, "China Full Ban Crypto"...  (Really?)

So what is next?
"China really ban crypto"?
"China really full ban crypto"?
"China really really full ban crypto"
"China will jail anyone who trades crypto"
"China will execute anyone who trades crypto"?
"China will nuke every country who trade crypto"??


Stop spreading this nonsense.    What's done was already done in September 2017.   Nothing has changed ever since.  NOTHING really changed in the last 4~5 months.  

Yellow journalism at its best.  


Same goes for Korean and Indian news.   South Korea did not really ban crypto.  Just one guy wanted to ban it.  It was not approved, nor implemented.   So far they have only added regulations that people can no longer trade anonymously.   So what?   Didn't Coinbase, Kraken, Bittrex etc. US-based platforms all require our IDs and photos?  

India also did not ban crypto.  Just a minister made some unfriendly speech toward crypto.  No real "ban" whatsoever.  

From the look of it, someone or some groups are trying hard to make the prices go down.   The sad thing is, people are falling for it.   The same China "news" was used on 5 occasions to cause the market crash while nothing was really changed or happened.   Korean news was used on at least 2 occasions.    

The bottom line is, let's just ignore all the stupid "news".   Use our brains.   Not hearsay from yellow journalism.   It is getting annoying to have every little "news" to impact the market price.  

Regulators want to make sure they protect investors from scams, while at the same time allowing the industry to develop and deploy the new technology in interesting ways. Overregulation could move the action elsewhere, which is what happened in China.

It’s too early to tell who's doing the best job of setting the rules. Nations are taking various tasks.

What do you think?

Could it be possible that in the future there are countries that use bitcoin as the national currency??

Twitter will follow Google and Facebook's lead in banning cryptocurrency ads.

The ban will roll out Tuesday, and become fully enforceable for all advertisers within a month, including initial coin offerings and token sales.

It will also cover ads by cryptocurrency exchanges and cryptocurrency wallet services.


Is that a problem for bitcoin too or only ICO's ??

Are there any optimists left? Is $100K still possible even by 2020 or 2021?

It is not too late for is beginners to start dealing with cryptocurrencies especially BITCOINS. We have may chances to learn more about it. We have many options to choose how to learn about it. As long as you have the focus and willingness to learn, you will reach what others have reached. Bitcoins are just there waiting for us to deal with.

There are some rumours that the prices would get down again for one or two times before they reincrease to the level around before the latest year end and even higher. Can anyone here enlighten me and newbies like me, which is better to do if that really happens:
1) hold our assets and wait until the market got fully recover to start trading.
2) increase our capital to reduce the average price.
3) sell our assets with the assumptions to got deficit prives, and then rebuy again at this price.
4) others.

Any suggestion?