Am I missing something here? I admit that I was out for about a day and when I came back I'm seeing thread saying that bitcoin is going to $14K. Are there any news around that will make the market bounce back and be bullish?


Hmmm. I don't know mate, times has changed so we are not sure if we are going to continue and see pattern. One thing though is that I'm not giving hope in this crisis and I still believe that we can overcome this bearish months and see another all-time-highs hit at the end of the year. But as far as hitting $14K? I doubt that we can get to it this month alone, for be a good run at $9K will be enough.

Yeah I totally agree. But the problem with social media is that they said they are going to ban ads regarding crypto so it would make sense for them to really filter out those fake profiles as well. But there are numerous reports that we can still see ads in Facebook, Google and Twitter so I don't know if they are doing it properly or not doing it at all.

Well they are quick to ban fake profiles though, but you need to report them so appropriate actions can be taken. And Vitalik has every right to be mad to them because crypto has turned out to be a circus lately specially in the frenzy of December and there are still scammers out there targeting unsuspecting victims using not only Vitalik's name but other well known personality in the crypto sphere.

And it continues to bleed as marketcap is down to $252 million and Vol. 24h: $9 million. For me there's nothing that we can really do from this continuing slump and looks like April is no different from previous month as it can't stop the murder that we are going through. Well, yes, it really need to bottom before seeing tremendous gains in the future. But most of us can't take this bleeding, decided to push the sell bottom and get out and cut our losses.


You should know by now how this market really operates, when everyone is expecting something, the opposite happens. I don't know about the end of Fiscal Year effect to the market, but I can assure that we can't really go this for a long time. The bears have been taking over this market for quiet a long time but I still see the bulls and the herds around the corner waiting for the perfect time to run. We shall see.

This is really what investing in crypto really brings. Look at just how those newbies who really thought that we can go on a parabolic rise forever, they bought even the price is too steep at almost $20K. It was good times I have to admit, but the irrational buyers thinks otherwise. I see the price increasing like $1K or more everyday and I say to myself that something is not right and in the end it eventually crashes, together with some of those newbies dream of getting a lot of money out of this market. Yeah this crashes bring back some senses to most of us experience traders and newbies a expensive and hard lesson to learn.

First, everyone should understand that this is still a speculative market so its either you stick your with your plan on having a entry/exit, so you will not be burned at the end. Greed is far the number enemy of every trader here, if you don't know what to manage, it will be the cause of your downfall just like we are witnessing in the last 3 months. Those irrational buyers get out the minute the price goes on a correction and just decided to cut their losses by selling early.

But the problem is that there are a lot of newbies in the ecosystem who joined specially during the December peak. So they are all enthusiastic and saying that bitcoin will go to the moon specially when institutional investors CBoE and CME started offering bitcoin future contracts. Sadly though those who FOMO got easily burned the following months. And even if we call them not to panic, they get out cut their losses by selling because they are carried away by FUD, but who can blame them?

And yeah, as this market situation, there's only 2 choices for us, either to HODL forgot about the price and came back after six month or at the end of the year, or trade and take advantage of the wild price swing and take margin (even small) of profits. Personally, it you want no headaches you might as well bought in dip and stack more bitcoin and let it just sit in your hardware wallet for as long as you can.

Even before the advent of bitcoin/blockchain/crypto. EU has been gathering like all databases of their citizens for profiling because of the advent of global terrorism. And as we all know, EU has been the main target of extremist that's why EU has been very aggressive in the beginning of century to get as much information as they can specially those who are coming into their shores.


Of course this is total contradictory to crypto because we all know that most of them are decentralized and we even have privacy coins. And that is why I really don't think the most UE countries will be friendly to us. You can also see that Binance for example has already move to Malta as they might expect pressure from Japan to share information of their user based. But there will always be two sides in a story here and I doubt that what they are pushing (France / Germany)for a "universal regulations" will not be approved by G20 in July.

Isn't it the Philippines is one of the crypto friendlies in Asia? So I wouldn't be surprise if one of their main city is already into bitcoin. And judging by how many Filipinos are in this community alone will say so much about the Filipinos are slowly adopting cryptocurrency. So should have at least link us the Facebook page here so that we can see what they are offering (accessories, tshirts etc).

As far as investment is concern, of course we all can put our money into crypto and realized our dreams (specially for Flips) to become millionaires. And Yes, I will consider this a welcoming news indeed and hope that other countries will be friendly as well.

I agree. Media will connotate crypto with criminals. Just look at how this article, this has nothing to do with crypto, those hackers attacks the financial systems and just converted it to cryptocurrency.

So this sort of news will really put cryptocurrency in another bad light which may add negative things to the already volatile network.

And it says that cryptocurrency helps them cover their track. How can those criminals get caught when the authorities were able to arrest them?

Maduro is pushing petro to get away with the US led sanctions against them. Well, he says they raised tons of money, but I don't believed that is the case.


Again, this is totally wrong. Russia has no plans to adopt crypto currency. They already have cryptorubles which they created to satisfy Russian's population appetite for crypto. But I don't think it will be enough to swayed them.

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I won't go into details because there is a lot of contradictions, flawed argument on this article. Short term, government going against crypto is bad for us. Long term effect, crypto is unstoppable not even Russia or China can stop this revolution.

Nah, I wouldn't put even a single satoshi as investment dude. Most likely this is just a Ponzi or HYIP as others have pointed out so better be careful as that's how they usually operated at the beginning. They will give you some returns initially, so you will be encourage to put more, but you are already suckered and the last thing you know they run out with you and other investors money.

I can't even find a legit review on the website and its seems that it is somewhat protected or restricted as I can't find anything on the registration or even the address and name associated with www.cryptocoon.io.

So my verdict is just to stay away.

If you really thinks that bitcoin will go on a massive pump later, then you should be happy because the price is at a discount right now. Go buy and purchase as many as you can and just Hodl on it.

So I guess there's no such thing as being late in their party because it offer us a opportunity to join when the price is very cheap. Many have bailed out already, but its we are not that late to join the party today and enjoy later.

Don't listen to people with their doomsday scenario, we may be down but we are far away from being out.

Bitcointalk name: Jating
Bitcointalk account URL: https://bitcointalk.org/index.php?action=profile;u=763588
Rank: Hero
Current post count -(including this one):721
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Wow, haven't seen you around in the btc campaign after the Modultrade which I'm part of it. Hope I can work with you again.

As usual, avatar will take some time to be updated.

Bitcointalk username: Jating
Rank: Hero
Current post count: 720
Bitcoin address: bc1q45ctyekwnm0ev2nj6v6pt5qkp9u5mamwnelnq9

No, as what has @darkangel11 has said, the demand was to high for Quebec that why they have to push miners because Quebec can't cope with the demands from bitcoin miners. So it only makes sense for them to halt them.

What the miners can't do is just shift to other nations with abundance of electricity and very cheap. So at least all mining farms not are evenly divided across the globe as opposed to China having a complete monopoly.

Well there was one good argument that the Mt. Gox trustee started to offload the bitcoins starting from Dec-Mar which may have put a dent on the price. Coincidentally, its only the time that it seems we can't really take off from the ground, when everything seems to be ripe for a bull run, this guys dump, causing the market to crash several times.

And not with the government and central banks attacks, plus lots of FUD, we are struggling to keep above $8K now, so that $25K will be just a dream. But its just the start of another quarter so don't be frustrated, it will eventually come and we might see bitcoin attempts another all-time-high before the end of the year.

I guess you really need to do you homework and go around the forum and look as to why the price is going south.


I don't know what you do mean by bitcoin will be the currency of the future. Well obviously the future looks bright because we have been in the defense from a lot of attacks from different nation across the globe which means that they doesn't want this 'disruptive technology' to take off. However, bitcoin is unstoppable and within the next 5 years, we may see the price ranging from $50K-$100K or even more.

Good question. Right now it still hasn't attracted that much attention from the government because they are busy attacking bitcoin but I'm sure that it is already in their radar. But I'm sure that when privacy coins grow exponentially in the next 5 years, I'm sure that the government will target it because we all know what privacy coins is, to hide everything from the prying eyes of everyone including governments.

So I wouldn't be surprise will go after Monero or Zcash or any other privacy coins in the future. I don't know what steps they gonna take, but I'm sure it's more harsher than bitcoin, probably a ban, but I don't know if they can go as further as prohibiting exchanges. Its a free market, they might as well close those exchanges instead of prohibition, and it will be difficult for them to make them comply specially DEX.

Short term, yes, this, Long term I doubt that can pose a risk. Of course they have the power, however, it will not be enough to stop bitcoin and crypto currency. What they can do is put a reminding to people, however, do you think that they will heed their call? I don't think so.

This is a free market and everyone in stocks or crypto is in for the profit, how can you stop guys in making more money? I'm seeing that the more they try to stop people from investing, the more it will generate enough buzz and curiosity that will resulted in more people pouring cash into the ecosystem.

Right. Nobody was expecting bitcoin to reach almost $20K, but it did. We speculate that it could go as high as $5K only. While this year, we started at the wrong foot and it seems that we can't get anything going and the price keeps going down from $13K to as low as $5500.

But I'm still expecting that at least we can still finished this year in the 5 figures. There could be a lot of things that could happen along the way. So expect the unexpected. So if we really wanted to profit, we can go and purchase today and see how it goes before the end of the year.

Well its very competitive out there, not only the players side, but in the back or front office as well. The management really needs to find the perfect team before achieving championship level and it seems they are still looking for it.

Look at how Golden State did, they advanced to their first NBA finals since 1975 in 2014-2015 season. So it like 40 fucking years before getting the correct pieces together. Hiring Kerr and then making Steph Curry that player that he is today.