it is funny how these two are mentioned together in the same place when they have nothing in common!

Russia is going to do something similar to what Japan did and make bitcoin legal for trading and possibly even for payment as a currency. and they have been talking about it from earlier this year.

China is banning scams also known as ICO and they have nothing to do with bitcoin they are using ETH to scam people.

the previous couple of days proved that the FUD effect on bitcoin price is diminishing by time. the drop was not even big enough to cause any concerns. and also it proved that the support at $4000 is very strong despite all the other FUDs about bitcoin being bubble and going down to $2000 and all that. the market proved that $4xxx is here to stay and now that accumulation of cheap coins from weak hands is nearly finished it is safe to assume a rise is on the way.

USDT is one of those things that only looks good from afar but it is far from good.

the first time i found out about tether i thought this is exactly what crypto world needs. something that is not fiat but it has the same value. but when you study it an read a little more about it you can see it is not really good at all. it in fact has a lot of risk. risk that is unnecessarily introduced when you use it. and it is heavily centralized which is always bad in crypto world.

whichever you are more comfortable with.
some are more experienced in altcoin trading but they will fail in Forex.
some have been doing Forex for their whole life but they feel miserable in altcoin market.

nothing is ever reliable. and profit depends on how well you perform. if you have the experience and know these markets well you can make profit otherwise if you are playing a game instead of serious trading then you should kiss profit goodbye.

only if you don't know what is what

that is why you think it is gambling! because you rely on things such as "trollbox" and "news".

i also can't wait until i get my genie who grants wishes.

so you are speculating that bitcoin will only rise about 30% until 2018!

why exactly is that? each year so far bitcoin price has gone up about 150% to 200% with exception of this year which had Japan adoption and SegWit activation.

what do you think will change that causes the rise to stop and be a tiny 30% instead?

my intitial entry price was $400 then after the fall continued in 2014, i bought a lot of BTC at $180-$220. back then people were waiting for the genies too, for prices like $50 again to buy.
from that time until today my entry price is when i have spare money irregardless of price.

what would be the point of it then?!! if you are planning to exchange it to fiat then you are just wasting your time and adding an additional fee to your plan.

if you sell on exchange, there is 1 trading fee taken a percentage of your size and 1 withdrawal fee depending on your method it will be big.
if you sell p2p and other methods to get the local currency you will be selling under the market price.

in both cases you lose a big chunk of what you have earned!

what did China ever do for "adoption of bitcoin"?
i tell you what, nothing! Chinese are just traders. they are trading bitcoin and that is why their volumes are high and on par with USD markets. they never contributed anything to the "adoption" nor the "rise" if anything Chinese has been keeping the rise back with all the drama that they create every now and then.

if they go out and take their drama with them, the rise will also be bigger and smoother.

so far this "agenda" has been to prevent crime both in talk and in action.

this is exactly why i say looking at charts alone is useless. specially when you zoom in this much!
also things such as TA alone are useless. you always have to gather all the information and add them up together to analyze the market not just see a dip and make the fastest conclusion possible!

you also have to know the market and what makes it move. in this case false news.

indirectly, yes.
there was a lot of FUD in the past 18 hours about China banning bitcoin so a panic sell started. and whenever bitcoin price goes down, altcoins get dumped hard unless they are already being pumped harder. without exception.

China has absolutely zero effect.
it is the FUD that affects the market. if China is wiped from the face of the earth tomorrow, i promise you that next week the FUD comes because of another country. possibly Russia. if Russia was wiped from the face of the earth it would be Korea, then another....

but so far China exists and everyone falls for the FUD every time. so it is easy.

it started this year. bitcoin's scaling debate was heated and at its critical point by that time. there was a lot of arguments and then some miners started signalling different scaling proposals instead of reaching consensus so there was a small fear of split (nothing serious at that point) but the FUDsters used this to spread their FUD and start pumping altcoins.
you can find topics saying "SomeCrapCoin will replace bitcoin". mostly Dash and Ethereum.
and then the pumping season began.

it was the money that went from coin to coin, market to market to pump the coins up and then dump and get out to another one to pump that. this made all coins, even the dead ones, go up a lot.

a couple of months ago this year, Public Bank of China banned all the cryptocurrency exchanges and closed them for about 2 months or more. at the start when the news came out about this ban, the price dropped just like yesterday. but in about a week as the real ban started, bitcoin came back to normal and while Chinese exchanges were closed price went up about 70% at first and then continued on the way up to today's price.

i think that answers this question.

the thing is so far i have never seen any of them talk about "banning" bitcoin. China specifically is mostly speaking about regulating it. as in preventing the money laundering through exchanges, preventing the scammers from ripping people off using ICOs and generally things like that.
and when money is involved (CNY) any services that uses fiat (aka exchanges) needs to follow the money laws. and that means regulations like that.

political crap and propaganda is the main part of scaling debate. just in this topic and others regarding this, 90% of the comments are throwing insults at individuals some calling core evil and others call J. Garzik evil! out of thousands and thousands of comments you rarely see "why 2 MB hard fork is bad" (possibly 1 out of 10,000) but you keep seeing people repeat same bullshits over and over again.

and as for replay protection, it is not needed if the fork has the overwhelming majority support. just the same way SegWit fork didn't need replay protection. the 2 MB hard fork is unclear now. we have to wait to see what will happen in reality. if nobody is left mining the 1 MB blocks there is no need for replay protection! but if the support falls below the current >95% then yes it is mandatory to have replay protection.

i personally am against this hard fork. it is too rushed because we just got SegWit and the 2 MB hard fork will double the potential capacity to 8 MB. there needs to be more time at least if we are to get that hard fork. this year is way too soon.
first let the wallets release their new version enabling SegWit transactions, implement the keys (BECH? or whatever it is called) and then let people switch and see how SegWit works and then we can talk about a hard fork.

DUH! only bitcoin...

market fluctuations are the only reason i am in altcoins! i make more bitcoin from these fluctuations, otherwise there is no point in even thinking about 90% of the altcoins specially the big ones like ether.
you can always make more money by trading coins as in buy in the dip and sell after rising. not by buying and holding them to wish the price goes up some day and give you profit.

there is no November split, stop spreading FUD.

there is talk of a hard fork to increase the block size to 2 MB. it may or may not happen. currently more than 95% of the miners are signalling for SegWit2x or NYA, which means if it happens there may not even be a split! unless these 95% change their mind.


no it is not a good "long" term investment. but it can have a very good potential IF things get out of hand before this upcoming S2X drama. they can potentially take advantage and pump BCH, which means a good profit in a short time and then followed by dump.

the no (0) house edge has always been a temporary for short term and promotional feature and it has been used mostly by new casinos to attract new players in their start of business.
less than 1% house edge is also rare or the options are too different. besides a small difference like 0.2 lower house edge is not really making that much of a difference.

there are hundreds of topics about this and the reasons have been repeated a lot of times. Doge is one of those dying coins. it started as a joke coin and it caught on because the community liked the "joke" and because it was early days and there weren't that many altcoins to choose from anyways.

but because Doge is not really doing anything special + it has a gigantic supply of multi billions of coins + it has no cap and will increase day by day to infinity = this coin will remain like this, always falling and going down in price.

sometimes you see a small come back or a pump but they never last and it doesn't mean Doge is not dead.

whenever the daily trading volume of a coin is high, it shows that a a lot of people are trading that coin. in other words it shows interest that market is showing towards that particular coin.

when you couple volume with price you can speculate about the price.
* if price was falling down, and volume was high, it shows a massive dump which you need to stay away from until the volume is lower and the drop stops.
* if price was rising fast and volume was high, it shows a massive pump which you should get in as fast as possible to make profit as slows down sell.
* but whenever price is nearly the same but volume stays high enough, it usually shows an accumulation phase. this phase is when traders are buying that asset but there is no rush, they "accumulate" coins before the rise and the rush starts. it usually shows an upcoming rally.

at first sight it may seem like there is a relationship between "China banning ICO" and "market prices" but when you pay more attention to the details of these movements you can see the only relationship has been between "China banning ICO" with "ICO" and "ICO platforms such as ethereum,..." prices. they are the ones that should be affected directly.

the rest (like bitcoin price falling) has been because of FUD where people said lied "China banned crypto". and as you can see that is resolved now.

and after a while it will only be China that banned ICO. if other countries feel this scam they will also ban ICO and we can finally get rid of all the scam ICOs once and for all.

i honestly don't understand why people do this!
they buy into something that may not go up at all and that ties up their money for a very long time. it may go up and they make profit after a very long time or it may even come down and they lose a lot of money because of it.

all the while other altcoins are rising a lot more than 14% (from $350 to $400) and they can make a huge profit from those instead of tieing up their money and miss out! if you look at the market there has been couple of 40% rises today and there has been at least a dozen >100% rises this week alone.