The crazy rises, as history painted, often starts Q3 of every year, so my take is that sometime between July and September is where everything starts to get wild for the bulls' side. Right now, the market seem to be in a quiet state and moving sideways; no bullish or bearish sentiment forming right now so it's kinda hard to say where we'll be going this month. All I know is that the price gap is slowly closing in for bitcoin, and several bullish/bearish patterns have appeared over the course of 3 weeks yet no major movement have been detected whatsoever.

China is the land of rumors and the cryptocurrency market seem to just ignore whatever news is happening in there. Since their bluffs on the past years, whatever news in China happen to not carry any relevance on what's happening in the current cryptocurrency market. We already have big market movers like Japan and SoKor that seem to be more relevant compared to China who was once a giant force in the market. Traders don't consider the rumors building in on China anymore, and just focuses on what's up with the market on different borders and places.

As for the price, it's been going stagnant or sideways for a few weeks now and interesting how the market doesn't want to react. Positive news or negative news, the market still stands strong on the $7400-$7700 ranges. The theory on 6th of June doesn't seem to work as well, and no further trend has been created. The market is quiet, or someone is creating some form of pressure for the weeks to come.

Creating a 51% attack against bitcoin would simply be a suicide, especially to the perpetrators knowing that they'll shake the market's confidence therefore creating a panic selling scenario wherein everyone and their mothers would be selling. The effort would be a dire one knowing that they'll just lose money in the process without gaining anything, except for destroying the bitcoin market and ecosystem. If hashing power and power alone is cheap, I'm pretty sure someone would do this for their personal reasons, but with so much money invested on bitcoin? I don't see any dumb individual/organization would do this for the sake of 'learning'.

There are always deep pockets in literally almost everything, be it crypto, traditional assets, general goods.. name it. Bitcoin's price fluctuations don't necessarily mean that there are some moving forces that are intentionally doing this; do note that there are hundreds of thousands (if not millions) of crypto traders around the world and every move one makes could potentially influence others. If only a single whale does this, he needs to have a lot of money and time on his hands just to be able to fool other people and himself since he's potentially not gaining anything significant from it.

I don't think that price drops should be attributed to price manipulation all the time. The growth to almost $20k isn't natural and we all know that it's mainly caused by FOMO and hype. The way it crashed is absolutely normal and acceptable knowing that we reached such heights in just a year. Scream 'manipulation' when it managed to hold that same levels while knowing that everyone wants to sell while no one wants to buy. Also, it's not always news that moves the crypto market; there are other factors that are quite unnoticeable by us trading noobs which forces traders to sell or collect profits. There are some form of manipulation, yes, but everytime the price goes in a crashing spree, I believe it's wrong to call that purely manipulation on the side of institutional investors.

There used to be a coin that can be obtained using your bandwidth, but because of the limited high-speed internet available all over the world, it didn't end up too well for the coin and the devs. Also, not all high-speed internet plans nowadays are unlimited (which is a shame), so there's that.


On some low-difficulty altcoins which utilizes GPU power, yes you can, though there aren't that many coins that are virgins on GPU miners, so your chances of finding one is very slim. In order to get some kind of decent profit in mining, you must obtain at least two or three GPUs and mine whichever is profitable. It might not make you a lot of money but everyone has to start somewhere.

TL;DR, the more things you add up to your analysis, the more confused the reader will be on what your point is. Google Trends, alongside bitcointalk's forum activity are almost exactly the same. Why? Because on these periods you stressed, these are the things wherein the bulls are doing some massive pushes on the price. Go back a few years, 2014-2015 specifically and you'll see that google trend results would give you a flat line and bitcointalk activity is somehow not that great or close to your stats. Simply put, people only became interested in bitcoin because it has an equivalent of X dollars while being relatively unknown to the common folk. If everyone and their mothers knew about bitcoin, even with these price hikes, I guarantee you that the google trends result wouldn't spike that high. People's attention doesn't guarantee a rise in price but rather the opposite; a massive price rise will make people look into bitcoin's way. Lastly, TA doesn't guarantee near-perfect predictions on crypto. Most of the time, crypto proves that TA is flawed in some way especially when predicting crypto trends, sentiments and the overall market.

Whoever this market force is, I'm sure as hell that he really is the incarnate of the devil, lol. Kidding aside, it seems that the ongoing pattern is present for months now, and if it is indeed an established pattern every 6th of the month, it would be too obvious and traders would know how to trade accordingly. We'll be seeing that in a few hours time and according to the pattern, we're in for some nice gains later but apparently, nothing is happening as of yet. Whatever the move is, it's great to see that we're closing the gap and slowly recovering from the horrors of Dec. 23 and Feb 6. It's too soon to call a bullish run up ahead since bitcoin always defies what most analysts see.

Bond market perhaps would be one of the worst bubble bursts alongside the most notable bubbles such as the tulip mania and the dotcom bubble. Literally, everyone is making money out of nothing, just some shares and dividends mandated by corporations and big ass companies. On the other hand, crypto has had its bubbles and it already popped IMO. Before, I used to think that bitcoin is one of the worst asset to ever invented due to it being susceptible to market manipulation that often result to bubbles but now, with a large user base and growing support from people, it feels as if the cryptocurrency market is just growing or people are just taking a grasp of it. We don't know what's the next biggest bubble to burst, but I also place my bets on the bond markets and other tech-related startups since almost everyone is banking on "likes" and not real value nowadays.

Decentralized exchanges are just like your average market - peer-to-peer. Usually these are in the forms of smart contracts and whatnot to ensure the security and stability of the trade that's going on. For me, they are safe to use since no third-party holds the funds for you, just trade and wait for someone to accept the offer then go. Cool stuff, yes, but on bitcoin - crypto exchange, it would be quite hard to implement--though there was one crypto exchange that is fully decentralized but didn't get that much attention.

That's the beauty and curse of an open-source programs: anyone can make revisions of it and later copyright it and call it theirs. With blockchain it's no different. These guys can use the tech as long as they wish since no one copyrighted the tech in the first place, it was only embedded within bitcoin's protocol. At the very least, these guys found out that there's still improvement to their insecure systems which they once thought as cutting-edge tech. Banking and finance sector is a hot bed for hackers, so it sounds about right that these guys improve their way of handling things.

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There is no definite peak for bitcoin's price as it is ever changing, especially when investors decide to invest on it or not, together with the FOMO it generates once a bullish run is detected. Many are thinking that we can have a good guess on the peak price by using TA and compiling historical data sets, but it simply wouldn't give you a clear picture of what's in store for bitcoin. For me, I personally believe that it all depends on the bottom price during a particular time frame. As we can observe, the bottom for every bullish run is higher, or higher lows for that matter. This is a good determinant but once again, one can never really know.

Mining farm operators sure know where to place their rigs and have taken into account all the necessities in mining and the operational costs, so yeah, IMO, mining is still economically viable and profitable even with the current price and difficulty. Most are still earning incredible amount of money by just letting their miners on 24/7, and have you seen large mining farms closing down their doors? No? It's because the bigger your farms are, the more profits you will be raking in in this business. For small-time miners though, I'm not sure whether they still make a buck by keeping their trusty miners running for the day, but I'm pretty sure most of them already quit even before 2017 and have switched to GPU mining for altcoins.

Bitcoin already acts as one, but to be able to use it heavily in almost every day-to-day transaction, it must be controlled, or regulated in a sense that the government can alter its supply at will so as to help the economy stimulate. Fiat accomplishes all of those, though because of the ability of the government to alter its current supply, it's prone to hyperinflation and devaluation more than cryptocurrencies. Personally, I'd like to see people using bitcoins in a global scale even in the tiniest transaction, though that would be highly improbable even in the next decades to come.

There are many reasons as to why bitcoin is the only digital gold, and good thing Steve Wozniak, unlike the others, realize that and banks into that. He's been bullish and positive about bitcoin for a long time now unlike Bill Gates and Jamie Dimon who retracted what they said good about the coin and sometimes giving negative remarks to it.  He (Steve) understands that bitcoin's flexibility to exist as an investment, hold value and as a currency is important as gold, or can be compared to gold. Sooner or later, everything, especially payments and money, would be embossed on our computer and mobile screens because we'd go fully digital, and bitcoin is the first full realization of it.

If this is 2014-2015, that could very well be a pump, but ~$250 price jump for a day is just normal. Currently, we are seeing ~4-10% price change per day which is already considered too volatile for stocks bt just another normal day for bitcoin and cryptos. Price manipulation often happens in this uncharted market, so don't be too surprised if such things happen again by tomorrow or even the next few hours.

Russia is definitely not a crypto-friendly country. Very recently, the Russian government is targeting ICOs and are trying to eliminate the spread of bitcoin usage stating that it mght cause some negative effects to their citizens. On a side note, they are looking to develop their own crypto which seems to be ironic on their stance against cryptocurrencies. Anyway, in regards to the FIFA world cup, most attendees are only there for the matches, and the very little crypto usage migt take place. It is indeed a big event but not the right one to inform the public about cryptocurrencies.

Risky for those who aren't keen on researching before placing their money on any investment. So far, I haven't seen an experienced trader get scammed or lost it all way back when there literally isn't a single regulation in place for bitcoin, so that means it's still on the end-user to see for himself where he is putting his money and whether or not he'll get scammed or not. Fair and just regulations are already being rolled out by several countries all around the world, so it could spell less worries for those who only invests mildly yet still want to profit big.

IMO, the network wouldn't crash like what happened to Visa, but there would be some form of delay if ever a huge backlog in the mempool occurred. Just like what happened on the previous months wherein a huge backlog in the mempool rendered a lot of low-fee tx stuck, while the rest of high-paying tx managed to get through. With the recent scaling solutions proposed by the devs, I think it would be highly unlikely that the bitcoin network would ever encounter such crashes or downtimes, just slow confirmation times if there's a spam attack or a huge volume of transactions occur at once.

It's true that bankers have a lot of power in terms of control and whatnot. Ever since banks were established, they literally just limped the helpless and trashed the needy by making some policies which destroys the average man's financial state while they still rake in profits. Although I want bitcoin to take over the global financial system and replace fiat completely, it simply isn't going to happen, but it still can exist side by side with other established currencies.



People will always think about fiat as the end result of their crypto investments/profits since it is the only currency that is globally accepted, and the fact that you cannot use bitcoin for basic day-to-day transactions like buying groceries, paying for gas etc. If bitcoin can be widely used, I somehow think volatility will come down and people will keep their bitcoins as is.

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In the grander scheme of things, bitcoin might seem too little to make a dent in the global financial system, but at least it's making some innovations on technology and helping people understand that they don't need to rely on banks to handle and safeguard their money. It (bitcoin) is making a change, albeit slowly yet steady for most people who knows it and use it.