It is really a good time to buy as far as I am concerned, we really cannot tell how the market would go in direction from here based on breakout from the descending triangle, but at least, we have seen the way the $6k region has been holding up this year and it seems the demand here is pretty strong at least for now.

No one knows tomorrow, but it is a chance worth taking for now, considering that there may actually be a possible midterm rally anyway, before the end of the year but like I said, nothing is actually guaranteed but for anyone going long, this is a good time to buy and even if we get to see more dips, I just say buy more.

I can bet he is not using the additional security features such as 2FA which is why it was very easy for the hacker to get in, otherwise that would not have been possible.

At this day and age, I expect that by now, people should have learned the importance of using a very strong password to their accounts that cannot easily be brute forced, and then making use of the securities applicable to them which will make it very hard for any hacker to get in and hackers usually do not always like hard time with something, as long as it does not look feasible, they move on to the next target.

Well, we are in those months actually now, and we may not see much movement per se until may be the middle of October or towards the end, which I believe the way things are looking technically, as long as nothing ends up going wrong with bitcoin, then the likelihood of seeing some uptrend across board might be possible.

It is still too early to start judging what would be the outcome of these coming months towards the year ending, but at least, we can be hopeful and optimistic, while still keeping in mind, that this is a market and nothing is actually guaranteed fully except to just be patient, monitor the trend and follow it as the case may be.

Thanks a lot for payment Zapo and BQT.

I think if you spew enough bullshit in the end you can be right eventually. Even a stopped clock can be right twice a day. I am sorry but if you say that bitcoin will be $5k eventually or it can be $9k eventually, you have a big chance of being right in both cases, it CAN do any of that.

However, I see nothing happening to these guys when they are wrong, they just come up with a new version of their "target" next time and go on living their life. They go like "but I revised it later and said it would go up" and whatever when they realize they are wrong. Don't listen to these guys, never. Do your own research.

I guess we are all starting to have insider news sarcastically now, don't we ?

I only pity people that listen to this and then follow it gullible, and when the market starts rising on that date, they start asking what's up with the insider news they heard about. This is just some dude trying to just have his fun by coming up with a story he has cooked up in his mind.

Even though, like you said, anything can happen after or before that date and $5k is unrealistic as that has actually always been the point I have been looking forward to for reversal anyway, I would still say at the same time, the only thing that give us any news at the moment, is the price action on the chart.

People will always have vision and an idea and one thing with idea in the past is that when you do not have funding or when you do not have a product and you find it hard to even project it out there or have the funds to push it, the project eventually becomes dead. This is one thing I have known the blockchain technology to have changed and people with ideas are really taking advantage of it which is why we keep seeing more coins being created, on and on.

The only thing here though is that, there are also some greedy ones who are just out there to scam and really do not have any product to want to give than to cart away with investors fund, which is why it is important to always invest in a project with a product and not an empty promise.

Government coming together to accept the usage of cryptocurrency as well as embracing blockchain technology is something that would end up happening eventually. So far, we have seen different government in some parts of the world trying and daring to make those changes since they know the benefit they stand to gain in the long run.

Yeah, it is always hard to see an embrace of a new technology as some would always want to take their time before even trying to consider. Take a look at internet, email and so on; things would not obviously just happen overnight as it surely will take some gradual process, so I believe it is something that would happen eventually.

At this stage, I would say the market has really gone down more than enough, and it is possible we can even start seeing a retrace as the case may be.

We just need to understand that it is a normal thing for a market to experience a downtrend which is called correction after an uptrend, and most especially, when that uptrend for fueled by greed at some point and every newcomer FOMOing.

The weak hands will always get to bail out and repeat the same process again and as long as they keep doing the same thing over and over again, while expecting different results, the whales will keep having a filled day. If a market is going down, then, buy the dips, it is just a chance for everyone to get equal chance, but since a lot of people are just after the getting rich fast thing, the joining of FOMOs is one thing they will always do.

And it is that short term profit mentality and the idea of wanting to get rich quick that has made so many people to miss lifetime opportunities, or probably make the wrong market decisions. People will say anything negative as long as something is not going the way they please and as long as they have no understanding of the general market and the fact that downtrends are normal entirely. This is the reason why they will always panic sell most of the time, and then blame whales for an actions they have stupidly made. Any long term holder surely knows the reason why they are targeting the long term. Something a lot of people find hard to know.

The thing is that bitcoin has always stood the test of time without futures and I wonder why a lot of people pay so much attention to it like it is some kind of a lifesaving event. Futures are even settled in fiat, so what are we really then looking at ?

Like you said, SEC or not, bitcoin has been growing over the years and it keeps growing and growing, and I really do not see how and SEC move or whatsoever would bring that the future of bitcoin on its own will not bring anyway. People have just decided to create their own hype based on how they feel or think, or probably because they are just looking for a reason why the market should just go bullish.

That is normally the thing almost everyone should do with forks as we have seen a fork on the Ethereum blockchain in the past that really did not go well for some people who had no control of their funds. Owning your private key to the wallet where you keep your funds is the main thing to always look out for and every other thing can come into play and stay away from transactions as well even few weeks after the fork until there is a clear signal there is no damage and things are going smoothly.

Yes, avoiding sending/receiving well in advance like 12 to 15 hours is highly suggested. But, keeping coins in exchange will not hurt anyone but sometimes, you may be forced to follow the same chain which is opted by your exchange. Holding in our personal wallet and keeping the private keys is the best option to choose our preferred chain or to enjoy both of the chains.

I think the most important thing is the marketcap, people keep investing into stuff like ripple for example saying its just 60 cents or whatever it is right now and it can go to 2 dollars easily. That is not how the trading world works, you need to increase the marketcap for the price to go up and when marketcap is 24 billion dollars its not easy to increase it.

"Just 2 dollars from 60 cents" is not a good way to invest into something. Ethereum is like 240 dollars each yet same marketcap with ripple that only means the supply for ripple is a lot more. You need to know what eth is (ico king) and what ripple is (blockchain company) and watch what they are doing and not the prices.

It is a move any smart individual obviously want to be taking looking at the way things have been for a while with the market recently.

Certainly, if given the chance at the moment, we will get to see a lot of the altcoins going bullish and since there is a huge possibility to see bitcoin go sideways for a while inside the descending triangle before seeing a plain direction for the bitcoin market in the short term, we might end up seeing some of the altcoins picking up very fast.

Moreover, unless you are going long and worried less about the market going lower, then I would say you have nothing to worry about, but considering the volatility of the market, it is still very important to be cautious at least.

The only good solution when it comes to manipulation is to start seeing some regulation in place for exchanges most especially, but since exchanges will always be situated in different region, it would be very hard to have a full control on how each exchanges run, unless maybe every country comes together to come with a framework on how to go about regulating the crypto sphere to at least subside manipulations as the case may be, and this is the only way we will get to see less volatility.

Asides that, mass adoption based on real life usage can also help, so in that way, we also have to understand that the only thing anyone can do in this case is just to be patient and learn how to deal with every situation at a time and the way it comes.

I do not even expect any bounty participant to be picking any how project unless there is a good future for it or else they really do not care about the project performance in the long run and they are just after what they want to get in the short term. For what it is worth, I believe that anyone who is smart should always be able to identify a very good project and they should consider themselves as investors as well. Most people who approach bounty this way are the ones who always tend to wait for the long term as long as the potential is still intact.

If you sell with the plan of buying back in open market after the bottom is hit then probably you are going good. You must contribute to an ICO after many analysis then you can avoid selling them in losses. Otherwise, you might need to sell in losses and any recovery could be seen with that particular market for ever.

I am always going to be long on bitcoin forever even though I still go long on altcoins to increase my bitcoin stash in the long run anyway but altcoins are just basically short term, they always come back down to meet me after selling the peaks and until then when i can see they are now being sustainable on their own, I would not give a damn about holding alts for too long anymore.

For the moment though, with altcoins, I am long on most of the top 20 coins with ADA, Waves and NEO being my major target for some good gains, I guess we have to wait and see how things would unfold.

I know derivatives are horrible and it looks scary but bitcoin is barely getting into ETF market, if bitcoin gets accepted as an ETF which I think is still quite far away than there is still a long way to derivatives as well.

Let's wait out until bitcoin gets accepted as ETF let alone derivatives before we overreact on the risks of manipulation.
But, if you are worrying about the manipulation think of it this way we already have people (whales) who manipulate the market buying bitcoin or selling it whereas this would be derivative that will not be buying or selling directly and just wager on which direction bitcoin will go without actually buying bitcoin.

In most cases, when you already have good knowledge and you have been able to practice pretty well and build some confidence in making market decisions, self-control will always be something that would be easy to come by.

The main reason why a lot of people still get emotional in trading is because they tend to rush things and then forget that as long as they keep doing that, they will just realize that the time it would have taken them to learn and practice pretty well before going into the real world of trading would have been shorter than the time they have spent doing rubbish and losing a lot at the end.

That is something certain and with the news we have been hearing from Vitalik recently when it comes to the development in the Ethereum blockchain, I would say there would still be more to come for its usage. The fact that it has birthed several ICOs and still has the possibilities of birthing more is something that cannot be ruled out. Even though competitions are arising daily, the first movers advantage is still there for Ethereum, which simply shows the support will still be there as long as development does not lag and the team keep doing their best to get things done properly.

Yes, I would not blame any investor and this is also one of the reasons why we have seen so many projects waiting for the market to stabilize to a good extent before even hitting an exchange with some holding back at the moment. This is a normal thing to see during a bear market, judging that any project that get listed at the end anyway, you can always still be able to get the best when buying the dips, if you have the mindset of getting in when they are already trading far below ICO price which is always going to be a good bargain.