I don’t know about this, but can’t really imagine there would be a  time that people will switch fully from making use of fiat to making use of BITCOIN. That’s not going to happen, the only thing that will happen to bitcoin is having a huge rate of adoption and for sure it will be used for a lot of transactions more than it’s being done (and I pray it is able to handle a high level of usage than now), but as for replacing central banks, I don’t think that’s going to happen, you’re still going to have so many needs to make use of fiat. They are both going to be playing their part.

Nah, he’s not saying the truth. If the world discovers  who Satoshi Nakamoto is, I don’t think it’s going to make the price to fall to zero. Unless the Satoshi Nakamoto is someone with a bad reputation?

But even at that, since he doesn’t have control over bitcoin and no one else does, then it’s not going to stop Bitcoin, it’s still going to keep moving and there are already lots of people around the world who are into bitcoin. Most other cryptocurrencies there are, their developers didn’t go into hiding like Bitcoin’s, and they still keep being successful, so why would bitcoin be any different?

That happens way too many times, I mean if you have the money doing it is not hard at all. Give me 100k and I can collect millions of dollars for you, that is the trouble of the crypto market. If you have 100k, you can spend 10k on development, 1-2k on design stuff, 3-5k on staff to control everything and then you can spend at least another 50k+ on marketing on the greatest places and you will be capable of collecting millions of dollars.

This is why it is filled with these people, not all of them spend 100k on this but the reality is that even if they do not spend 100k, they still earn more than they spend on the project, spend 5k and get 10-20k, spend 10k and get 30-40k so in the end it is profitable to start a new project, and when it is that profitable to start a project, everyone starts to do that. It doesn't have to be profitable for everyone who invest, project owners only care about how much they make.

How true it is that April month is not good for bitcoins? Because, I read some people are saying April month is good for both bitcoin and altcoins but you are mentioning here something different and that is the reason I'm really confused about this topic. Anyway as of now, this April month is not good for bitcoin market because right now bitcoin market is in to correction; so probably you are right.

At the same time altcoins markets also got stopped after bitcoin entered into correction period; only after bitcoin getting back to normal I guess altcoins season will continue.

But I'm having completely different opinion than you. Because I'm still believing into dogecoins to be having another round of big rally which might be taking it toward $1 price levels but anything could happen so investing some small percentage of your portfolio could be a wise decision, am investors might take in this bull season.

As I am believing that investing into the any altcoins must be having big round of risks, dogecoins cannot be an exception here. Instead of risking in any other random coins, I guess it would be much better if we risk in dogecoins for some sure profits at least in long run.

Yes, something like that is very possible. It’s not every coins that will go down with bitcoin if it should go down, there are also coins that are going to keep growing and this will even be the time they will reach their ATH price.

You can see litecoin as an example, although litecoin do follow bitcoin to an extent, but there is always that difference there. When bitcoin was having a huge pump, litecoin was moving slowly, but since became kind of stable and dropped from it’s ATH price, litecoin has been moving up quickly. And if you check the history, things like this has also happened.

That’s really nice and I am happy they are starting to have a change of mind on cryptocurrency. China is one of the biggest market there is for cryptocurrency, and it would be good if they are going to start cooperating. I believe that their government have seen that there is no way that they can bitcoin, because even if they do their citizens are still going to have access to it and are going to be making use of peer to peer, so they are still the ones that are losing. The only they can have a bit of a control over the market is when they are allow it, and that’s what they about to do this time around.

Bitcoin has been kind of really weak these days, just look at the chart we have right now it is becoming something else and is no longer the bullish chart that we have been seeing for months before now. When I checked the chart today, I started with five days chart and it was on the red mark and over to the one month and the market was the same. It is just going down.

Although around last week we saw something like this where the market tried to go down and after dropping low to $54k it later moved again up to $56k. So we don’t know what it will be this time, it can still get back up again.

That TRX will be a good choice, although I am saying this because I don’t know about the other tow cryptocurrencies you have mentioned, but those ones can still be very good coins and depending on how hard working the devs might be, you just never know, any coin can blow up at anytime. There are coins that come out and are underrated and all of a sudden you will see them blowing up more than a hundred times increase. So, anything can happen, if you look at any of those and they seem to you like they are going to be valuable, it’s good to take a shot and see whether it’s going to work out.

You must be very funny, like for realyou call the bitcoin a worthless crypto currency, and then dogecoin is what you see as the most valuable cryptocurrency there is? Lol I guess the pumping of dogecoin is getting into you all’s head because I don’t see why you’re going to be saying that bitcoin is worthless,like dogecoin is the good one here.

Do you know how many times that dogecoin has been for pump and dump easily? Bitcoin is even less likely to be manipulated by anyone easily, because the market is already huge, there are lots of people around the world that are making use of bitcoin.

Bearish? Already? I mean not already is it bearish, because for me it is not bearish at all. I just mean, did really a 10% drop made you think that it is already bearish? Don't you think bitcoin and altcoins should drop significantly more in order to call it bearish? I would say at least a 50% fall is required for me to call it bearish, obviously I will call it along the way as well but it needs to be keep dropping to that place without too much break in between.

Right now it looks like it has taken a loooong break and we do not know if it will go up or down from here, if you are not sure if it can go up from here, that means it is not bearish. We can call it "not bullish" and that would be perfect for it, but honestly it is not alright to call it bearish just yet to me.

Yes, governments always want full control over all of us. They just need to catch at all possible points where they can put tax and benefit from that. I guess this is an usual practice across all countries and this is the reason KYC norms are happening all around the world with similar updating. Before, in my country banks do ask KYC only when we start with them but now they do ask every six months or yearly once. I heard that is the practice in USA but now happens even in my country.

You sound too technical. When you're looking into market fluctuations then definitely you will get an idea on how to determine potential profits. I have seen that most people are on the spot finalizing their profit level because they are not sure about how wildly market will be fluctuating so based on the situations they are booking profits or they are keep delaying with the trailing stop-loss.

This is true, plus as I have always said, trading is a not a zero sum game, someone can buy at 10, sell at 20, while other will buy from him at 20 but sell at 30 and it goes on like that, which means you can go up like this 10 times and down crashing once making 10 people win money while only one lose money. This means it is not a zero sum thing, trading still makes a profit, all depending on what you are looking at. The opportunity to make money is there, it all depends on the market working together and it all depends on how people react to it.

I have been trading rarely, I usually do a long term purchase, only a small portion of my portfolio is for trading, but I can tell you that I have seen people who trade and make a lot of money, but we are in a bull run, so many people traded and made some money, I do not think that one has to lose for the other to win.

Yes, like many other people have already notified OP must be a bitcoin hater and there will be no point of listening what he is saying here. It is always good to have bitcoin with the long-term plans and it will be definitely profitable even for my case.

I am also holding bitcoins with long term plans and probably I may not spend my bitcoin but my grand people will be making use of them and most probably I might use only very low percentage of my bitcoins.

That’s a really good technique as long as you know how you’re going to be using the right way, but if you don’t it’s not going to be working.

The technique wouldn’t work if you’re making use of the top altcoins, because those ones are always following bitcoin on every move, and that means you wouldn’t catch them like this. You can only be doing this with altcoins that has no association in their price movement, and at that you will have to be very careful with the coins you choose, so you don’t buy a coin that will fall and not recover again.

That’s very good, as long as you’re doing the job right you’re sure going to hit that amount you have planned.  But as for you making that update it’s going to be hard for anyone to go and follow your group on telegram just to be watching your story, and moreover it’s not all of us here that are making use of the telegram app.

My advice would be that you create the thread here on bitcoin talk forum and then you will be making the updates here with images and all that, that way people wouldn’t have to be joining any group, anytime you make updates a lot of people will be seeing it here.

I do get what you’re trying to say here, that when government bans bitcoin that a lot of people who owns then starts selling to for a higher price. Well, I won’t really say that applies much to what the market price of bitcoin and other cryptocurrencies are going to be. Whether the government is doing what they are doing or not, the cryptocurrency market will always be growing as it has been doing for a very long time.

So, I don’t think the actions that the government is taking is going to be affecting the market that much. It’s even going to make people to be a lot wiser in how they’re trading their cryptocurrency.

Even with such a big crash, we stayed above 50k, that should make at least some people happy right? I mean I am very happy about it, it is definitely something I really wanted for a long time. I can't say if that is the end of it, I can't say if we will ever go under 50k or not, maybe we will, maybe we won't, I wouldn't know it, nobody can "know" it, we just guess. However we could at least say that we are doing better right now and that is a very good thing.

This is why I think there is a chance that we do end up with something decent after this crash, we will probably go up, it looks quite good and it will be something valuable once again. I don't know if 64k+ will happen again very soon, but I think if we have a recovery, it will definitely happen eventually and when we go over and break the all time high price, it is going to be a bull run followed after that.

I have to say this is both not a bad thing, and also I understand why they did not care for bitcoin as well. Remember these are 90 year old people, they are too old and they buy stocks like gilette, coca cola, apple, like very known and widely used stuff, those are stocks we all know that will continue forever, there is a very slight chance they could bankrupt, it is obvious that 99.99% chance they will just keep growing bigger and bigger.

They never really took a risk, they just keep working and working and working just to find something that is globally used and a huge corporation, that is not really a big smart decision to make a profit, and his return rates are not big enough to actually deserve him the recognition but since he did that for nearly 70 years he gets recognition. Long story short it would be contrary to anything they have ever done if they invested into bitcoin.