I believe that this is the start of the second leg down before bottoming out somewhere between $2000-$3000

The markets always seem to go in cycles, you can look back through bitcoins history and see this.

Look at this bitcoin daily candle chart:


and this is where I think we are in the market cycle:


This is why I've put some of my BTC into USDT. The is a crazy game though and you can never be sure, I will be watching the charts closely.

Does anyone know if i can buy bitcoin or tether or alts directly with my credit card ? Not by linking an account or going to a zebra pay and introducing cash money in the machine or meeting with other people and shit . Let's just say i want 1btc now and i want to buy it with my card . Any way i could do this ? Thank you

NEWBIE HERE!!

Looking for some help with making first-time btc buys using PayPal/cc. I'm not sure where to buy from and the whole process seems pretty complex and overbearing, is Coinbase a good place to start? if not, can somebody please point me in the right direction? Any advice is greatly appreciated. Seriously, thank you.
P.S. Apologies for the high level of a novice in these questions.

Thanks again to anybody willing to help!

Well that centra project hasn't even caught my attention yet to see what it's all about.
But just seeing that the invested money is being used in the wrong way makes me stay more away from it and even think about it.

Can you guys imagine how much money (in millions of course) were paid to write that tweet of mayweather's account ?
That's just ridiculous. As if this whole crypto community on bitcointalk isn't enough for the devs and they want even more money out of it.
Do anybody else other than me feel that this is gonna end so badly ?

yeah exactly but which investor is investing in stuff like that? Where are they finding the people for this?
I mean investing in ICOs like that is madness!

I do not admonish you with an intent to be disrespectful or unappreciative. I guess I am glad you raised this point although it has been raised numerous times all over the forums and refuting and correcting it every time will become tiring and impossible for an expert. Thus the community will become highly misinformed and idiotic as a result. It behooves all of you to be more astute and stop spreading incorrect information. And to try to help spread correct information.

Unfortunately readers here such as yourself make comments while being inadequately informed about the details, thus your statements are most often highly incorrect because "the devil is always in the details". This is why statements by people who have not studied an issue carefully, are worse than worthless. Statements from uninformed people, can be misleading and contain the opposite of the truth.

In this case, you are not emphasizing a very important detail which can mislead readers of your comment, which is that equity crowdfunding (as opposed to preselling production or other forms of non-securities crowdfunding a la Kickstarter) afaik has not been grandfathered in any way that allows them to be not classified as securities.

Thus all equity crowdfunding has remained subject to securities regulations, and thus all the pitfalls I detailed about not being able to trade the securities (i.e. shares or tokens) applies to all equity crowdfunding that occurred prior to the Regulation CF and Regulation A+ legislation. Essentially the main change in those new equity crowdfunding rules is that it is easier to sell equity to up to 1000 non-accredited investors subject to certain stipulations and regulatory compliance requirements (but only for a USA corporation!).

But they are all still securities. And as I explained already, a token being a security is a kiss of death, because it can not be legally traded P2P nor on unregulated exchanges (and afaik no crypto exchanges are registered with the SEC yet and no tokens are registered with the SEC).

Even if ICO issued tokens are properly registered and compliant in the future (in every fucking jurisdiction! which is an implausible clusterfucked mess of unresolved legal crap!), still they will be delisted from unregistered exchanges and illegal for use as a currency or utility token, because P2P trading of even registered securities is illegal.

Bottom line is that raising equity is entirely incompatible with creating an unencumbered token.

And there is no way currently to legally raise equity with a global sale to non-accredited investors all over the globe. For legal reaons, equity must be raised separately in each jurisdiction, e.g. USA, Canada, UK, Singapore, etc..

Also I do not think any equity crowdfunding was grandfathered. Rather the equity crowdfunding sites were working with the SEC on the new Regulation A+ and CF rules. And any equity crowdfunding that was sneakily done on non-equity crowdfunding sites (such as Rimbit's scam on Indiegogo which was linked in the linked blog of the OP of this thread) is still culpable (and will eventually haunt the participants unless it is just too small for the regulators to bother going after).

Readers are apparently very slow minded and/or just uninformed (and not well read) and thus having much difficulty in grasping these facts.

Ponder the many days and dozens of hours or more I have expended to become somewhat knowledgeable on this issue. And every issue I am involved in, ranging from deeply technological issues to these organizational and political economic issues requires deep study. That is why I am often on the computer 16 hours a day, which is a very unhealthy level of exposure to blue light and lack of exposure to the sunshine and exercise.

The soundbite Twitter tl;dr generation expects everything to be easy. But then you do not give chops and respect to those who do the hard work for you. How do you expect that to end up then?

I wish someone even more expert than myself on this issue would enter this thread and help analyze. Unfortunately that does not seem to happen on BCT.

Well he predicted this 2 days before it happened.

And specifically warned at the top of his blog that NEO was vulnerable.


All countries are being forced to enforce securities regulation same as was the case for FATCA. All this information is covered in detail at the following blog:

Are Most Cryptocurrencies Doomed to Collapse — because they’re “ICO-issued”?


Incorrect. Read the linked blog to learn about investment securities and more details. Follows is a summary.

There will be a banning of trading on the exchanges for the tokens which were issued by ICO (or any obfuscation of an ICO which is equivalent).

Tokens will be frozen on exchanges. Money will be recovered from issuers and some will be jailed. Some who promoted and/or traded large quantities of ICO-issued tokens will be fined and possibly jailed.

Use of ICO-issued tokens will be illegal because it is illegal to trade investment securities on an unregulated exchange.

So that means avoid IOTA, NEO, Qtum, EOS, ETH, Stratis, Decreed, NEM, List, Waves, Tezos, PIVX, etc.

Legal tokens include Bitcoin, Bitcoin Cash, Litecoin, and Monero.




Only tokens which were issued with proof-of-work are going to remain legal for use. So Ethereum would be another one to avoid.

And as the blog explains, coins which were issued with instamines and stealth mines are also investment securities and thus will be illegal to trade and spend. Therefor, Dash, Steem and Bytecoin should be avoided.

Continuing to use ICO-issued coins could create a situation where you as a user pay huge fines and potentially jail time.

(Note the market can remain irrational, so that is not a prediction about which will experience dead-cat bounce rebounds).


Incorrect. Singapore is planning to crackdown also.


Chinese don’t speculate on illegitimate things. They speculated on ICOs because they could pitch a greater fool message that these were something that would be the future. How can they have that sales pitch when most of the major nations will eventually be making ICOs illegal?

China, Russia, Singapore, and South Korea have already made announcements. The SEC also warned and will likely make enforcement announcement soon, which will cause another massive crash to lower levels.

Speculators still haven’t digested that this affects all the ICO-issued tokens, not just the China affiliated ones.

More and more crashing to come for ICO-issued tokens. (May get a dead-cat bounce which would be a good time to sell)

The other nations’ security regulators are not going to stand by and do nothing and let their citizens be subjected to scams, while the Asian countries protect their citizens. That would be very embarrassing to Western nations and abrogation of their responsibility and duty. There is already a contagion of a critical mass of nations now. This is unstoppable and ICOs are dead.


Existing ICO-issued tokens will become illegal, because investment securities are illegal to exchange if not on a registered exchange. And illegally issued investment securities are never legal to trade.

Thus ICO-issued tokens can not be spent decentralized. They are useless because can’t function as a cryptocurrency. At least not legally.


Click here for a longer explanation of why proof-of-work mined tokens are not investment securities and thus not afflicted by recent events.

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