I wouldn't go out of my way and say that $30k is now possible by August, that to me is still a very high target regardless of a trend reversal or not that probably won't even be achieved by the end of the year, let alone by August.

It honestly depends on if the psychological 5 figure barrier gets hit by the end of the month.

If it does, then there is definitely a possibility that the rally goes on longer, and fomo buying accelerates as people believe that it's the new all time high. Although I definitely don't see an all time high coming any time soon.

Let me get this out of the way, gut feeling isn't always the way to go, because you will always be influenced by your emotions.

I do think that we'll probably see $10k-12k at some point of this month.

However, I would not guarantee that the price will still stay in that bracket by the end of the month. For me, it's improbable that bitcoin will go without a correction in the near future, whether or not the 5 figure mark is breached this month or not. And the correction is likely to come before the conclusion of the month, in my opinion. We're still watching the $10k resistance, and seeing if it gets hit within the week or not. If it does get hit, then it could mean that markets becomes a lot more bullish.

Look, right now there is just not enough buyers with crypto. As a business, if you were to start accepting bitcoin or crypto in general as a form of payment, you would obviously want to reap some sort of reward. And if there is an increase in the amount of people using crypto, then obviously there is an incentive for businesses to start accepting bitcoin since they would have more potential customers. As adoption rates go up year by year, there will become less and less of a problem and more and more of an incentive for new businesses to start accepting BTC.

Another factor is that right now, there just isn't enough merchants that are actually educated on the subject of cryptocurrencies, and they don't know why it's actually useful. Most only see it as a fad that will go away, which we know is false.

That can't be changed by anything other than time, and more adopters. If adoption rates rise drastically in the coming years, which I think it will, then merchants will be essentially forced to accept BTC, for their own benefit.

Right, but that is still when we knew that there would be a bull market in 2017. Historically, bitcoin has performed well the year after the halving happens and 2017 was that year. Also, BTC was bullish from the start of 2017 and didn't show any signs of slowing down. Even though nobody expected the rallies to go as high as it did, people did expect the rally to go to quite high heights.

This year is completely different, Bitcoin was hit with a huge correction early on in the year and market sentiment is still quite negative.

I'm not saying that $25k is an absurd or impossible, just saying that it's unlikely that we'll achieve an all time high when we haven't even finished the consolidation phase.

HitBTC is definitely not the exchange you want to have this issue with. They are notoriously known for their inefficient customer support, and recently we've even seen cases of them going as far as asking for proof of the source of the funds deposited. And even if you provide them with the required info, they still delay it and ignore any support messages you send them.

Even though you made a mistake on your end of not including a the payment tag, they acknowledged that this issue can be solved, and gave you a timeframe.

Now it's been way more than a week, I think it's fair for you to demand your deposit. You can either take legal action, or keep waiting. That's why using shady exchanges like HitBTC is risky.

We're edging closer to $10k by the minute now.

I think that we may see another dump as we try to break the $10k level, we've seen extremely strong resistance that even if we hit the previous target, prices just correct straightaway. We saw this with when BTC hit $9500 and immediately corrected down to under $9k, although it did later rebound up to where we are now.

I'd give BTC 3 more days to reach $10k, if it doesn't do it in that amount of time even though we're this close, then it's going to affect the psychological side of the traders imho and potentially throw us into a pretty big correction.

Anyone can create their own blockchain with the right technical knowledge. But doesn't mean that the coins or tokens on that blockchain is going to be valued by others. If others don't value your currency, then what good is your currency?

Take for example Venezuela, or Zimbabwe. The government has print off as much currency as they want and not work, but eventually they're just digging their own grave because the fiat currency they are issuing isn't backed by anything at all.

So to answer your question, no, not only does this concept doesn't make sense, but if it does, then why are we still working our jobs in the economy?

It wouldn't make any sense.

They have auctioned off seized coins for silk road, so if their ultimate aim to hold coins on the bitcoin network they clearly aren't trying their hardest.

But let's just say that even if Satoshi was the US government, so what? Satoshi is no longer actively involved in bitcoin, and it would definitely make no sense for any government to create a decentralized currency to take away their own control.

Although, it's not impossible that the US government is trying to accumulate some BTC now, but that's up to speculation.

Nelka4's actions of trying to be escrow when he has no previous reputation or much involvement in any trades at all is very fishy to begin with. Usually when this happens, DT members will tag you as a warning to others who fall for these types of escrow scams all the time. Let alone when a scam accusation goes against you with screenshots and everything.

Lintel can't really be proven to be an account about to be sold, since there was never an acknowledgement of his account being owned by the scammer from the Lintel account.

What surprises me is how Nelka4 tries to defend himself when there is a ton of screenshots of a group convo on telegram, illustrating the entire scamming process. But what also surprises me is that OP decides to impersonate yahoo to chase down the scammed funds. A lot of parties at fault here.

For now, I think it'll be hard for bitcoin to reach up to $10k+ levels.

It's much more likely that resistance at the $9500-9800 proves too strong, especially when bitcoin has already tried to test these levels many times without much success. You're right, though, the support is quite high still regardless of how strong the resistance seems to be right now, which means that if a correction comes, it would most likely happen quite slowly.

I'm still doubtful in regards to this being the end of the bear market. Much more likely to see serious adjustments down to the previous lows.

If we're talking about the mid-term, then I don't think that this is going to be the end of the bear market. There just hasn't been enough time for consolidating, if a new bull market was to pop up this year like some people are suggesting. I think that is out of the question here.

There are two real possibilities here:

1) $6000 remains effective support, prices consolidate at that level for a few more months before the real recovery begins
2) $6000 support doesn't hold up, instead we see lower levels before bitcoin making its way up, potentially with support a bit lower at levels like $4-5k.

But either way, this pump that we're currently in isn't the start of a 2017 type rally.

I don't think saying that bitcoin will crash because of the stock market dipping is a fair conclusion to draw.

But anyhow, there is a possibility that we're heading for another low, though definitely not because of the stock market. Since we're still consolidating at the moment after the huge bull market of 2017, I think after this pump there may be a good amount of time where we go back to the bearish sentiment that dominated the first few months of the year.

That is if bitcoin is unable to break the $10k barrier, which isn't guaranteed 100%. If bitcoin does dip further, don't panic, but instead think of the accumulation opportunity that is available during the dips.

The only reason why negative news seems to be disappearing is because right now, we're in a pretty bullish state and are currently making a rally upwards to the $10k level. Obviously, the media will cover more positive news on bitcoin when there is a bull run, doesn't mean that the underlying issues of regulation that is sparking the actual FUD is going away.

News isn't the only thing that is going to make prices fall or rise, you have to understand that.

Again, let's get this straight. $1 trillion market cap would require bitcoin to more than double in price, and hit an all time high before the end of the year. Even though things are looking less grim now with the renewed bullish sentiment, it's fair to say that we're nowhere near the end of consolidation across the market yet.

Lots of people make the argument that bitcoin isn't backed by anything, therefore it's worthless. That is simply not true. Assuming if that is true, then it would essentially mean that gold should be worthless, as gold itself doesn't have a lot of industrial usages, definitely not enough for it to be this valuable, and therefore, should be worthless. Simply not true, completely false.

Bitcoin isn't representative money. It doesn't represent a promise to pay a certain amount of commodities. Only representative currency is backed by something.

That doesn't mean that BTC is not intrinsically valuable. It is, being the first crypto with the most amount of adopters. And the fact that it is decentralized mean that people know it's going to hold its value in the long run, and the fact that it is the most trusted cryptocurrency with the properties that it has in scarcity, trustlessness, and decentralization, are what makes it valuable instrinsically.

Thing is that we don't know whether bitcoin is going to be able to reach the 5 figure mark during this bull run, or not. If it does, then there is a possibility that bitcoin is able to go up further in the 5 figure range. But the selling pressure at that point is just so strong that we haven't been able to break the resistance, despite multiple tries.

There are no guarantees that bitcoin is going to go down near the previous lows saw in January temporarily, but I think it's likely if we're not able to reach 5 figures during this bull run.

Markets are just not ready to take the next step into a fully bullish market, I don't think. We're still settling down/consolidating from the previous bull market, however you want to call it.

Bitcoin itself is a global currency and has no geographical discrimination.

If the question is that if the world world can use a single form of currency/money as the global standard of payments and value, then the answer is an obvious yes. Before all the fiat currencies came along, gold and silver were both global currencies.

BTC seems to be an obvious choice if there was to ever going to be a globally accepted currency, since it can be easily transferred within and between countries. That is something that both fiat currencies, and even gold/silver lacks.

Thanks for the heads up. There is absolutely no doubt that this site was created for the sole purpose of luring people into clicking into what they think is the legitimate blockchain.info wallet, but in reality, is really an imposter that is trying to get your money.

You should never click the google ads when you are searching up crypto related companies, including wallets, as a rule.

Most of the ones that actually do advertise with google are impersonators. The best thing to do is either click on the actual top result(not from ads), or just save the sites you frequent using a bookmark instead.

There is definitely a hope if they are still active. That is unconfirmed at the moment.

There hasn't been any replies on the Dicecoin main thread since December last year, and the owners are somewhat AWOL right now. No updates on their facebook page for nearly 2 years now as well. Although, the footer on the site has been updated to reflect 2018, which could potentially be a good sign.

From their FAQ:


The problem is most likely that your withdrawal amount was bigger than the limits aforementioned, and needs a manual check. Or it could just be that withdrawals are just processed manually now. It's a stick situation, though. I would suggest waiting the 48h as suggested, hope for the best, and email support. Please do your research next time before you actually deposit coins to any site.

Bitcoin is volatile. However, it doesn't always move upwards. Got to realize that. Bitcoin isn't some magical investment scheme that will give you returns all the time, and have rallies after rallies after rallies. That's just not what bitcoin is about.


That was last year. The bullish sentiment was extremely strong, and without doubt the markets were extremely overheated and buying out of their minds. We're currently still consolidating, and not even fully out of the bear market yet.

What you said about "gotten tired of calling crypto a bubble and join in" just didn't make any sense. If anything, the markets would have grown wary of such big pumps since they have now experienced a sizable pullback, and because of that, there will be a lot of profit takers if any major rallies, just like right now, were to initiate. And that will stay the case for at least this year, imo. Ultra-bullish activity like last year is unlikely, as is the tripling of bitcoin's price.

From this article it seems like that the SEC is regarding BTC as some kind of tulip mania, which it simply isn't. Anyone with just some knowledge of both BTC and the tulip bulb mania would know that they are completely different things, with bitcoin being a currency that actually resolves a lot of the issues in the economy, and tulip bulbs being just a speculative piece of plantation.

If regulations are to come anyways, as jseverson said, it's probably best for them to focus on cracking down these fraudulent investments.

But they've got to realize that the problem isn't with BTC, or how volatile it is. Even though it might be in a bubble, doesn't mean that it's not useful in the long run. We don't know if this is just going to be an excuse to tighten up the restrictions around BTC buying, but hopefully they do stick to the agenda of cracking down on the things that actually do need cracking down on(pyramid schemes, unlicensed ICOs, etc.).