Sell half of your ETH and buy Bitcoins if you have no Bitcoins at all. In any case, keep your investments distributed so that you don't take a huge loss.

heh

I do agree that the transaction fees are starting to get ridiculous with Bitcoin. If you are not in a hurry, you can reduce the fees you want to pay and it will still go through though it will take a bit longer. I have been able to pass through transactions with extremely low fees though it did take quite a bit longer to process. All in all, I am quite unhappy about the fact that these fees are starting to get higher and higher.

The above reason is why no one will be able to use Bitcoin to go grocery shopping and that will result in Bitcoin always being the black swan in the family of payment processing.

Just want to say that I am so glad China is finally out of this. The only fear I had was that China would continue to screw around and ruin what Bitcoin stands for.

Its ridiculous to expect a DECENTRALIZED currency being used in a country which has the most centralized power.

Goodbye China, we will not miss you~

He has not cared to explain what if anything is common among Bitcoin and Enron. I doubt he knows what he is talking about and is simply stating his feelings based on the unknown or his own ignorance.

The price should go below 6k easily since it was the first time it went over that recently. But given the kind of rise we are seeing, may want to hold off till $20,000 or even $1,00,000 before selling. Bitcoin is just starting to gain popularity in the investment world. Lots more price increase to follow given the limited supply.

USA along with its allies may attack North Korea next year. What sort of attack remains to be seen but flying B1 bombers along the coast does not signal conventional war but rather a nuclear war. They may drop nuclear bombs on strategic targets while laying to ruins artillery along the DMZ using conventional weapons.

It will be a very tense time after spring of next year. I don't think there will be any way out other than a war. Now, Bitcoin will do fine then. In fact, people may choose to drop cash into it as they do into gold. I don't think it will affect Bitcoin positively but it won't negatively either.

BTW, a war with North Korea can bring about a real shift in people's priorities and can bring about some new dynamics into the game.

Sell little pieces and buy back when a good deal comes around. Never ever sell for less than the bought price.

It has a long term future so its all about catching the waves if and when you can and enjoying the ride up.

You can flush both down the crapper quite simply because they are 'Chinese' driven.

You can see the price of Bitcoin Cash or WTF its called. Its crap and will always be crap and crap is worthless.

You will be able to buy it back below what you sold. Just wait on it.

Next time don't sell your entire stash, sell a bit and if the price goes down buy it back. If the price goes up, it does not matter since you hold more anyways. Usually the price will go down a bit every once a while. Wait for a DEAL to come along and then buy back.

How many actually think Bitcoin will practically reach $10,000 within the end of 2018? That would mean doubling an investment made today and that would be one HOT investment.

https://www.coindesk.com/billionaire-mike-novogratz-bitcoins-price-will-reach-10k-in-less-than-a-year/

Its been priced in but there will be some rise in price all the way up to middle of November. Its a good chance to buy at below $5000 currently and dump it at $6000.

The 4k pricing is consolidating now.

Be very careful, the domain name itself is extremely new and this whole thing would be very risky at best. They have no real contact information and the entire thing is out of China where ICOs are outlawed anyway.

https://www.alexa.com/siteinfo/red-pulse.com
https://www.dynu.com/en-US/NetworkTools/Whois?Host=red-pulse.com

Here is another chart. We are not in any state to do a quick rise and do need to be a bit cautious. There is a lot of bad news circulating about Bitcoin these days. But all in all, there are too many investors into the game for it to drop to lows like $2000 anymore.

We may hang around this price area for many months and it may get boring but this is not a time to sell and get left at the station as the train leaves.

Completely agree, if anything the value will go up when the war breaks out (quite sure one will sooner or later).

To be honest, no one knows PayPal in most of the countries in the world. Try South America or Asia and no one uses it. EVERYONE knows Bitcoin these days though most don't use it.

PayPal can never work like a digital currency because they are forced to follow the laws of each country and that pretty much jacks them up and keeps them tied up in terms of cross border transfers.

PayPal is crap. They don't even have a phone number where you can call and handle matters. You can just open a dispute and hope and pray that your matter is handled if anything at all. They are no different from any other payment processor and charge charge back fees and so on in a cold blooded manner.

On top of that they report off everything to big daddy IRS. They are obviously scared of Bitcoin as well as apps like Ca$h so they are trying to drive their mobile app before they become outdated.

I remember asking them a question and the response back to me after 2 days was asking me what the question meant. They did not even attempt to put the word into Google for which the first hit was their own website documentation.

They will never make it into markets like China and so on so they will never be the world bank or whatever they are trying.

Do you see Bitcoin dying in the past 2 weeks? China is just one of many participants and the fact that China has often changed their rules and so on, no one trusts China to support Bitcoin and no one expects them to participate in a decent manner. Transactions in Korea surpassed China about a month ago and as far as mining equipment goes, they are the worlds factory and will continue to be that.

Chinese investors have no where to put their money in a safe manner. So Bitcoin is actually a very good investment for them. They will always continue to try and buy as much of it as possible just for that reason alone.

Actually, if you take a look at the share of transactions, Chinese share dropped significantly and US, Korea and Japan have taken up most of the share. This will be a prime example of how China does not matter to Bitcoin and you will see the price go back to $5000.

Chinese government is an insecure baby whose primary goal is the be under control of EVERYTHING inside China. They will keep crying like a baby ever so often so its better if they cut off Bitcoin now completely and get out of the game so we can all move on.

I am hoping China not only bans Bitcoin but also bans mining and everything else associated with Bitcoin. The world will move on without them and that would be beneficial to the world as well as Bitcoin in the long run.

Last thing we need is suddenly all of China's hash rate in the control of the Chinese government.