No, I don't think that this news has something to do with bitcoin current slump in recent days. Do you think that they will just pour all their capital on their coin to tip the balance on their favor? I don't think so.

Investors are simply cashing out in the last couple of days and usually this dip happens on weekends anyways so I'm expecting that bitcoin will go above $7K and probably hits $7100-$7200 this week and as we get closer to the EFT decision, we might see a slight spike on the price.

That is very wrong. Newbies shouldn't think of bitcoin that way, this market is not to get rich quick, Yes it has become a form of investment but just like any other class assets out there, their is risk. How many newbies who FOMO last 2017 specially in December and thinking that the meteoric rise will continue this year? They joined at the peak and now they are all burned. as for being in the news, well it has been since its inception.

The thing is, it started to have a lot of negative feedback and it just started to make headlines last year, specially during its bull run. I advise everyone not to think bitcoin as a get rich scheme and its better to treat it as what Satoshi wanted, to be used as a payment scheme.

What do you mean that bitcoin is set for a bull run? As far as I know bitcoin is still struggling. So we all know that ETH price is somewhat tied to Bitcoin so expect that ETH will also struggle up to the end of the year. Not unless there's some development in the ETH side that will make the coin makes its own bull run independent of Bitcoin. But so far we haven't heard anything and then there is also the EOS threat, another factor that I believed contributes to its recent downfall.

Yes, this is the main reason as far as bitcoin as originally envisioned by Satoshi. At that time we are in a financial crisis and he doesn't want to rely on any third party to do our everyday transactions. That's why bitcoin is born, to be use as a mode of payment, without boundaries. However, do note that it has evolved a lot, the real usage was taken a back sit, and now bitcoin is being viewed as a form of investments.

Yup, once you created that thread, I might as well close this one and continue our discussions there. I was just pump up when I read the news earlier that's why I created this thread to let everyone know. Promotions has been started even before the scheduled actual fight. Countless videos in Youtube has been circulating for years now. But we love drama in sports specially involving Conor so I'm sure the media will also have a feast day following him around and giving us inside news.

That was quick. Give me a few minutes, I will set up everything.   and thanks for accepting me.

Hey Hhampuz,

Hope I can work with you again. I will change everything once accepted.

Thanks.

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For all UFC fans out there:

Conor McGregor to challenge Khabib Nurmagomedov for lightweight title at UFC 229


https://www.mmafighting.com/2018/8/3/17649370/conor-mcgregor-to-challenge-khabib-nurmagomedov-for-lightweight-title-at-ufc-229

This is what all UFC/MMA fans are waiting for years, and it looks like its going to happen on Oct. 6. @Tokeweed, time to create a thread for this one. 

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I guess the rumor is true. Murray withdraw after a grueling match that lasted in the morning. It seems that his body has not totally healed after all. But its a good decision, he has still a lot of tennis years ahead of him so its better not to force his body because he just came from a hip injury. The past 3-4 days for him was really exhausted and maybe his body is telling him to take it easy as he might re-injured and end his career.

@WaffleMaster, c'mmon man, this is really getting ridiculous. You have been paid already by the campaign manager. Seems you have a good reputation by just looking at your merits. But now you totally ruined it, other campaign managers have taken noticed of your actions and behavior that I doubt that you will be accepted in any bitcoin paying campaign. I suggest you really need to take a break and stop spamming, just saying.

ETF will be a big game changer. So let's hear it from SEC in about a week or two. There's still a lot of positive thoughts that the ETF might be approved but we can't really be sure, still the decision rest on the hands of the SEC. I'm not sure though about electricity, bitcoin mining is profitable even if the price goes below $6k, there will still be miners and I don't see them stop mining just because the price keeps declining.


Because the declined that we witness in the last couple of days in not panic selling, but rather traders shorting or cashing out and take the profits. I'm sure that they will come back and buy in this dip and we will see bitcoin bounce back again. Well if you bought it above $10K then there's no point of selling at this moment.

I believed for drugs that might be one of  the reasons why they got addicted. As for gambling addicts, might be a deeper reasons though. I admit that I got addicted because of the environment. When you see your father and other family members into gambling at a young age, you can inherit, that lifestyle and that's what happened to me. But being lonely? Nah, I don't think that gambling will be their first options though, but drugs. That's why I wanted to break that line, that connection, so I keep my gambling addiction to my kids because I don't want them to end the path I took.

Haven't you heard about the the ETF proposal from SolidX and VanEck?

https://www.coindesk.com/vaneck-solidx-join-forces-in-new-bid-to-launch-bitcoin-etf/

This news are the main catalyst of the price recovery that we are witnessing in the past 2 weeks and the final decision will be on the first or second week of August. So it means cash has been pouring already because we have been maintaining the $8K mark. Although the G20 decision will come handy, but it was reported that their decision will be in October so we are not yet feeling the effects of it. So starting August, it will be a new dawn and really gets interesting specially in the EFT gets approved. And then come October with the G20 decision, the growth will continue and we might see the price going up until the end of the year.

Why are people surprised with the volumes on the Japanese or Korean market? They have carried the torch since China left, so obviously those two nations are really pouring a lot of cash in the market eversince.


This is just another bull shit article. We can't even call this a bull run, just a minor recovery. Trading volumes is not even where we can call it like that, the volume is still the same, around 5 million. If that volumes double, then we can say it is a bull run. But with today's volume? No, sorry to burst the bubbles for you.

Maybe this can help you out: https://coinmarketcap.com/historical/.

You have to go one by one (by year), but it pretty much have all the data from 2013-2018. Goodluck.

Again, you can't please anybody here. This is a community and everyone is free too expressed their opinion. I think trolls makes this community more lively and inter active. Kwukduck for one is one Legendary known for his anti-bitcoin sentiments, and we could have thousands of arguments against him, but at the end of the day, its a good and healthy discussion.

What I don't like though, is the way this shills after newbie traders and investors. And that task is up to us to tell newbies and trying argue against those trolls and prove them wrong. There's no better and satisfying feeling shutting down those trolls. 

The bull run is not yet finished, bitcoin is still going up and rebounded in the last 24 hours. It went from $8200-$7800, but it looks like the price is almost $8200 again. The decline was triggered by the disapproval of the Winklevoss 2nd appeal for Bitcoin ETF, but the effort is short live.


Yes, I agree that if we ever face another declined, it will not go below $6K. Actually, we might not see another bottom below $6K because there's a lot of positive news that will be coming in the next couple of months.

I don't think that we can do about it. Exchanges are popping because crypto market is a billion dollar industry now. Everyone wants to get a slice of the pie that's why venture capitalist are willing to raise money and put up a trading exchanges. Of course trust will be a big problem for new comers, they have to proved themselves otherwise no one will take a chance of them.

On the other hand, pump groups can take advantage of new trading sites and continue their manipulations of shitcoins that those exchanges are listing. There's some drawback but its really up to us to whether go with them or completely continue trading with the likes of Binance or OKex.

Then its really a blessing for Love to stay with the Cavaliers then. Perhaps another MVP numbers for him? Yes, I do think that they can also clinch easily a playoff spot even with the current roster. Tyron being a coach is being underestimated, imo, just because he has Lebron, everyone thinks he doesn't know how to adjust this coaching style. I'm sure he knows that Lebron will be leaving and might have talk to Love to stay with the team and try to rebuild it again with him as the center. It might not take a year or two, but definitely they will go and recruit players as they see fit so that Cavs can go back post-Lebron era again.