Definitely, no one can predict the future and with the way things are going, we can only guess what could happen with everything moving on fine in the long run. Right now, there is so much uncertainty in the market and most people are really looking forward to see how things end up going.

FUD is still being generated by all these dudes who claim to be some economist which I believe is for their own selfish reasons, with the market pulling through and getting stronger, then we definitely should see that $70k coming.

I am not sure this would happen without a correction. We have seen major bull runs like this before when new hands are entering the market, but I am sure very soon, most traders will want to start taking profit when everything balances out. A bull run to the $15,000 mark without a correction would really be a crazy one right now.

Christmas is already fun at this stage as what we were expecting arrived earlier. But I am too confident now to have $15k for one bitcoins by the time of Christmas or at least before 1st of January 2018.

It is your decision and choice anyway, but if you really love yourself, I will advise you to stay away from bitconnect most especially. I really do not know much about the other coins you have mentioned but everything about bitconnect is more or less a Ponzi, and if you have read about Ponzi, you should know by now that they do not last and you may end up being the last part of the chain that the coin would implode on.

And when you tell people that it is a Ponzi, they attack you like you know nothing about what you are saying and then when the whole thing happens, they go inside the corner room and start sobbing like a little kid that has been abandoned. What is the difference between this and a Ponzi. Huge referral bonus, percentage profit on your holding and so on and so forth. It may not be now, but definitely at one point, the implosion will be huge.

Yeah, the market keeps getting stronger and stronger each and every day and we do not get to see some of the things that we have all been seeing in the crypto market few years back now, most especially in bitcoin and that your point is a good one bro.

Corrections are not getting as huge as they used to except for some of the FUDs created and some attacks just like you said. However, there are so many corrections that have always happened after a bull run in the past and not just the scenarios you have painted, so they are just a normal thing in the market basically too test the strength.

The reason why I moved into sport betting was when I realized that luck can only take you a matter of time before it abandons you to your own fate. On the other hand, at least with sport betting, I have been enjoying my game, with some news and understanding about the game, I have been able to make some winning bets even though you still have to hope on luck for some, but not entirely luck. Poker or some card games too require some strategies and which to me still sounds reasonable.

Choosing the right type of gambling must be the first strategy every gambler must need to go for. Right type means a gambling which maybe either entertaining or profitable.

Honestly, pro and con of gambling totally depends on each individual and how they really place gambling in their life. The reason why some people have gotten so addictive to gambling today is because they allowed their emotions and the gambling impulse to take over them, which usually starts from trying to recover losses just as you have said.

It is a crazy world that requires being careful and for those who cannot accept that they can lose more than they can win in gambling should not even start cause everything about it will scream CONS!

Even if dollar falls, we can count bitcoins with respect to any other national currency like INR, GPU, EURO etc.
I don't think, bitcoin will fall if dollar falls. Dollar goes in the field of stock market. Stock markets will face a huge dump if dollar falls but bitcoins will not get affected as it has nothing to do with dollar except exchanging it to dollars.

Dollars and bitcoins does not have much relation as dollars are completely centralized and are owned by a particular country whereas bitcoins are completely opposite. Bitcoins are completely decentralized and also are not owned by any individual country.

Certainly, cryptocurrency is volatile, but it must be a risk one is willing to take as a merchant to start something like this. While some are paying and the value increases, the same thing can happen the other way round, but at the end it can still be balanced out.

Yes, bitcoin has had some pretty huge spikes lately, but when I started few months back, I guess I have ended up having more than enough profit I could envisage from the growth in value of bitcoin alone after leaving some of the funds in the wallet a bit after.

Donation is not bad, but really unless you have more than enough to give out, that is when donation is realistic. Right now, I would rather be willing someone donate to me …

For now, it is either I keep holding and working hard to keep increasing what I have. There are so many freelance sites, and so many things I can do with my skills. When I have enough to throw around, then I can start considering some spending option.

Even the pro traders lose some little amount of money and even much depending on their calls but they do not cry about it knowing that it is a normal thing when it comes to trading. Most times as you are profiting, someone else somewhere is losing. It is a huge market and I guess it is the way it is.

All the above, when you are good, hardly can you lose much and even when you make the wrong call and based on your analysis you already know where a chart is headed, you can hardly not get back in at the right time without losing much.

It is funny that the amount of time it took you to create this topic and to write this lengthy post, you could have just used it to visit Google website and just type 'cloud mining scam' and then you will have so many topics that have been created in the past regarding cloud mining and why you should not bother yourself about them.

Buy your coin, put into your wallet and watch it grow. Mining is not for everyone, but if you have enough funds to set up a mining rig, then go ahead but consider electricity as well, otherwise, go and learn how to trade. However, leaving your funds in your wallet and watching it grow if you cannot really do much to earn bitcoin should be enough for you in the long run.

Exactly! There is so much going for bitcoin now and I am very sure we are not even close to the peak yet. Bitcoin has shown a good sign of strength that at this moment no one should even be worried when to buy or not. The little correction we have had so far was a very good time to buy and even now is still a very good time to buy.

Right! So far it is an uncertain spot and we just have to keep to looking at the breakout. It could be to any position but for anyone who is holding for long, I really do not think this should be a huge concern. It is still a very good price at the moment and at least I would rather buy small out of what I have and see the trend and if possible quickly buy more later on. We cannot have it all, but with bitcoin, the increase for now is sure.

In fact, the potential is massive and we have not seen anything yet. This is a normal thing and it amuses me when people keep saying bitcoin is a bubble. All this little corrections that we are having says otherwise. The market is new, so many new investors are coming in, and it is getting matured each and every day and that is something I cannot call bubble.

The market may be unstable and there are lots of uncertainties, but that does not mean it does not have great potentials. Bubbles really do not have values and they are just set by people, bitcoin does.

Obviously, there are great times ahead for bitcoin and with Nasdaq launching CME futures this would really give bitcoin some huge step towards the bull run. However, bitcoin is really becoming more of an investment tool than a currency as it is and trust me, I really do not want to make it sound like I am being pessimistic or something, but we have to face it that bitcoin will end up more of a speculative investment in the long run.

Great times to be alive and part of the moment indeed. Being a part of this generation is actually very awesome and with the development with blockchain technology and the evolution of currency, it just gets more interesting. Nasdaq launching Bitcoin Futures is really a great step and that would really give bitcoin a huge edge as well as a great increase in value in the long run.

Bitcoin price will of course soar higher as we will end up seeing investors trying to quickly put their funds where at least find a better value. However, in a case that something like this end up happening, I guess global currency power won't just shift from USD to Yuan just because of that and I really do not know how something like that would even play out.

One thing is that other currencies will just end up stronger, but I do not really think that can cause another currency like Yuan being used as a global currency.

27.9%? And you concluded with that statistics that bitcoin is in a bubble state when you of course know that compared to the other 72.1% that chose otherwise, and if we are to judge with that, then your topic is totally wrong. Bitcoin is an asset, it is valuable, and it is highly going to be useful more than we already have it.

It would end up being a bubble if none of these are in place and then a time would come that it would burst. In fact, it would have busted a very long time ago. Normally, we cannot dispute the fact that FOMOs would keep rushing in every now and then, but if you look at the charts and you understand what bitcoin is, you will have to start thinking otherwise.

Honestly, when this whole fork started, I knew it would end up being a joke at the end and then we will see some dumb ass devs and scammers trying to use the fork medium to enrich their pockets. If you want to have a coin that would be as fast as lightening, why not just go try to create a new one and start afresh.

This is just becoming appalling and honestly, users need to start discarding these forks and if not for some stupid exchanges like Yobit that would end up listing them, they should not even be allowed. People should learn to let the devs keep bag holding their shitcoins for themselves.

In fact, the rapidness has been crazy and no one knows how long this craziness is going to keep up. There is no possibility that can be discarded right now, cause who would have thought that bitcoin would get to this point even before the end of November, when we were all expecting $10,000 by December ending.

Like you said, next year would really be a bullish year for ETH as well and some few other cryptos and also banking on waves too as well. So I would rather diversify my folio.

Well, if we are saying the value is increasing each and every day is causing some sort of controversial, then it should be expected. However, all these controversy started when the government realized there is something taking some chunk of country from them which cannot be stopped as it has grown hugely like a virus already.

Bitcoin being decentralized alone is causing controversy and as long as the government cannot really state that out so as not to sound like fools, they would rather keep calling it any name they want.

It totally balls down on the location just as you have said. I have been mining for a while and apart from the tax I had to pay alongside the hardware, the electricity bill I pay, there has been no form of tax. The only way I guess I may have to end up paying tax is if my government decides to start taxing when converting to fiat while making use of the exchanges.

Well, those are capital gains and unless you report it, mostly by converting into fiat with the use of an exchange, then this is where tax comes in. Even without mining in some places and you just buy BTC, it is known that you will end up having some gains on it which means it is subject to tax. So, if you decide to mine, pay your electricity bills and leave your funds in your wallet, then tax obviously does not apply.