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8321  Economy / Speculation / Re: End of Chinese holiday... any effect on Bitcoin Price?? on: February 18, 2018, 06:52:43 AM
Price increase??

Or decrease??

Or nothing??


How about your opinion?



I think there will be a little bit of price up coz Chinese investors should purchase some Bitcoin after coming back from their holiday.

Looks like the end of Chinese Lunar Year bring positive impact to the ecosystem. Right now bitcoin has surpassed $11K barrier and I do not see anything in the radar that influence the price movement other than the end of the Chinese New Year.

I'm skeptic at the very beginning, I'm questioning what would they go back to the market after the holiday? I guess I'm wrong (again!!!). Although there's a lot of members here saying that it will really pick up. Lets see how it goes if this is sustainable or just a short term burst.

Although there's one interesting article to read and pounder.

https://www.marketwatch.com/story/anonymous-trader-buys-400-million-of-bitcoin-2018-02-16

An anonymous trader bought 400 million worth of bitcoin. That is one huge order and I'm sure that is has impacted the ecosystem.
8322  Economy / Speculation / Re: Bitcoin looks above $10K, may resistance await ? on: February 18, 2018, 04:58:32 AM
yes, we have passed the storm on the weekend yesterday. now we have reached $ 10,000 and will focus on $ 12,000. I think we just need to slowly take that number, why? yes, because it's a way that we will not fall again into the same hole and if there is a high spike in this month, chances are things yesterday happened, will happen again.
Easy come, easy go! I do not want it to happen again Cry
We are close to 11k so bitcoin is showing really good signs of recovery, but at the same time we need to be cautious, this is still a good opportunity to buy but once bitcoin goes above 13k that should be the moment to stop buying and hold since I did not think we are going to reach anything close the the ATH of December and we are probably going to move around 13k for some time.

$11K was broken a few hours ago, but the price go down to $10,900 but I'm that its just a minor resistance and at some point it will past $11K again and will test the next psychological barrier which is $12K. We don't need to worry at all, maybe those who bought bitcoin at $6K at now taking profits which is understandable.

The question of the OP have been answered already. We may have some resistance at $10K but it was broken down easily after the Chinese New Year. ATH will come, just a matter of time. I'll just wait and not hurry and we all should hold on our bitcoin.
8323  Bitcoin / Bitcoin Discussion / Re: Languages ​​often used in crypto Activities on: February 18, 2018, 04:36:27 AM
DEx - Decentralized Exchange
ATL - All Time Low
Blockhain - Technology behind bitcoin
CMC - Coin Market Cap
LN - Lightning Network

That's few that I can think of.  Smiley
8324  Economy / Marketplace / Re: Visa Confirms That Coinbase Wasn't Fault For Overcharging Customers on: February 18, 2018, 01:44:53 AM
I guess we also have to understand where they are coming from. Recently there has been a lot of issues with trading platform not just Coinbase to be fair. So we can't blamed people who lost money here to start pointing fingers at Coinbase.

But its good to hear that Visa has set the record straight. And do hope that everyone who have lost will get their accounts refunded. All's well that ends well.

But I agree with you, this is really a good lessons to learn, wait and see what the issues is before you draw your conclusion that you might regret.
8325  Economy / Trading Discussion / Re: END OF YEAR MARKETCAP on: February 18, 2018, 01:21:52 AM
And ideas on what the marketcap will look like at the end of the year?? I say 1.5 trillion  Roll Eyes

I would say around in the $1-1.3 trillion ballpark. Currently, we are about $500 million, so it would like doubling or tripling the current marketcap. If my memory serves me right, we peaked at around $800 before the dreaded market crash last month. We still have a lot of pushing to do but we are in the right direction.

Some might argue that's its still early to say, but if we are going back to its previous past, bitcoin and marketcap has tremendously increase in the last couple of years. So I speculate that we can get to its previous ATH 2nd or 3rd quarter and put the finishing touch before the end of the year.
8326  Bitcoin / Press / Re: [2018-02-17] Aviya Arika: "not your keys – not your coins!" on: February 18, 2018, 12:58:23 AM
This is the first thing that newcomers should learn before investing in bitcoin or any other cryptocurrency

Exactly, how many times we Senior and up members are preaching this? A million times.

This article should be like the first thing that every newbies in the market. Don't put all your funds in a trading platform, just have enough money in a exchange for your trading purposes and withdraw most of it in a wallet in which you have total control. Because in case of a hack, who will only likely to lose a small percentage of your investments.

I really don't understand people bitching around when an exchange was hacked and them losing all their hard earn money (literally thousands of dollars). You didn't do your homework so don't cry and blame the system.
8327  Economy / Speculation / Re: New ATH on: February 18, 2018, 12:25:13 AM
Bitcoin has now recovered after those downfall in just a few days. It's a good sign that we will have a new all time high this year. Analysing the new trend, it can reach $15k next month March. Hope new buyers will now join and invest as the price has getting stronger. Keep holding.

We have past $11K based on coinmarketcap ($11,112.7). Where are all the doom sayers now?

I'm very bullish about bitcoin so I think in the next coming weeks it will get to a new all-time-high. But again, I want it to be slow and doesn't have to be pump artificially because we all know what's gonna happened next, it might crash again.

I'm sure that new buyers are getting into the picture, pushing the price. Maybe those investors are new, or old dogs who have been in the line, waiting to see how the market reacts, and now seeing that everything has settled down and bouncing back, goes back and pour their cash into the ecosystem. Its barely the second week of Feb. so anything can happen, but I'm positive that we are in for a rally.
8328  Alternate cryptocurrencies / Altcoin Discussion / Re: Hottest News! on: February 17, 2018, 11:59:36 PM
current news? it is good to see that bitcoin is pumping again after the dip, although it is not enough yet to say that bitcoin is soon to recover. by means of news, i dont want to read any news about crypto currency mostly in bitcoin, because after all FUD news before it is sad to say that more investors are believing on that, and creates more panic on some newbie investors that can cause of bitcoin price drop.
Well, that on its own is pretty much good news anyway. After the long days of red, it is good to see some greens like fresh air surrounding the whole atmosphere. I also have some personal good news which is the fact that I have been making transactions these days on bitcoin and it has really made me miss those days of very fast transactions. Once the FOMOs come back now, there we will end up going again.

Hope to see a fast growth again!

Good to see that market have recovered!!!. Truly amazing that everyone is green and are going to hit its previous highs. But I would rather see a slow growth. We don't want to get into the situation that we witnessed last December. There are irresponsible buyers that time who thinks that bitcoin is a get rich scheme, but they got burned along the way.

A steady growth is somewhat nice to see, no irrational buyers, the price doesn't look too artificial and so called experts will jump on and says that its a bubble waiting to be burst.

Let's see how it goes but I'm confident that we are totally out of trouble for now and may see all-time-highs. See you all at the other side.
8329  Economy / Trading Discussion / Re: Wallet Suggestions? on: February 17, 2018, 11:20:26 PM
Here you go:

https://bitcoin.org/en/choose-your-wallet

Choose what wallet fits your need. Personally I used the following wallet:

(1) Electrum - the best desktop wallet I have used because its lightweight and easy to used. You just need to download the latest because there was a vulnerability in the old version. Supports Segwit address as well.

(2) MEW - for my tokens and Ethereum. But used with extreme caution though. Keep your password and private key safe.

(3) Green Address - another online wallet that I also used. Very secure. Also supports Segwit.

So its really up to you on how you are going to protect your crypto's. Strong passwords, 2FA don't share your private key to someone you don't know, may backups.

Just take your time to read everything from the link I posted and you will be fine. Goodluck.
8330  Bitcoin / Bitcoin Discussion / Re: Bitcoin Will Kill The Income Tax on: February 17, 2018, 10:52:19 PM
That's may be the reason why some countries are banning bitcoin and the cryptocurrencies because they already know that cryptos are decentralized so they can not intervene its operation. So whatever transaction is made in the blockchain, banks don't have any share of that, IMO.

Exactly, initially though, bitcoin and other crypto are not in the radar of the government, however, everything changes specially when it boom last year. The government wants a piece of the piece, so they are either going to ban it or just put a heavy regulations and get tax from us.

I think you guys should read this.

https://cointelegraph.com/news/irs-uses-chainalysis-to-track-down-bitcoin-tax-cheats

US have been using this software to track and hunt down citizens who are not paying taxes. So I think bitcoin will not kill the income tax in my opinion.
8331  Economy / Speculation / Re: Will BTC rich 14K$ till this Sunday? on: February 17, 2018, 10:27:14 PM
As you know BTC rise from 6K to 10K for two-weeks. History shows that after such a two-week gradual ascent follow an uncontrolled pump which could to raise the price exactly as much as it was in last two weeks in percentage. And I have a question: Should we expected the great rise of BTC (to 14K$) this Sunday 18.02.18?

I think we shouldn't put too much expectation as of now. We should enjoy what we are seeing and don't delved our selves with how much the price of bitcoin could go in the next coming weeks. Don't get me wrong, I'm very bullish about it, but I would rather see bitcoin price gaining in a slow phase.

Right now, the next mental barrier is $12K, so for me this should be our short term goal. If we are going to reach this, then I believed we are going to see bitcoin touching a new all-time-high. So eventually $14K will be surpass whether we like it or not.  Smiley
8332  Bitcoin / Bitcoin Discussion / Re: How's the Bitcoin moving forwards? on: February 15, 2018, 07:14:01 AM
As we know, the dramatic drop in the price of Bitcoin began after some countries announced their intention to introduce new laws surrounding cryptocurrencies because of its freedom. France wants the world’s top economies to debate bitcoin regulation this year. Meanwhile, central banks around the world are testing their own digital currencies.

Yesterday, bitcoin rising with its price climbing to more than $9,000 and hit a record high as the cryptocurrency hit its highest price for a week. Also, expert warns bitcoin value has further to fall before stabilising.

• How's the Bitcoin moving forwards?
• Is Bitcoin's bubble about to burst?
• What should I do next?

I'm asking myself these questions and get no answers. I need your supports, guides, and helps to understand what actions to take next.

Its moving on a positive direction last time I checked so I would say that there's a lot of investors who are now going back to the ecosystem. Clear sign that the bearish market is about to end or ended already.

Bitcoin bubble? Well if has been burst several times already. So its gonna be a cyclical. Bitcoin goes up, bubble burst according to experts, then relative bearish sentiments prevail, then bitcoin rising up again.

I guess the best thing to do is just buy it now because its still at a discount. It is still below 4 digit mark and sooner we are going to see it touching $10K and we may never look back again.
8333  Other / Archival / Re: Too many vulnerability/Hacks on: February 15, 2018, 06:50:01 AM
I’m not sure if this is the right section. Mods feel free to move it

The past three years have seen attacks on the Bitcoin more than the rest of the years. [more than 8 attacks]
In the past two months, more than one vulnerability discovered.
In your opinion, what caused all this?
Is the problem in protecting these services "wallets and exchange sites"?Or that the increase in the value of Bitcoin encouraged hacker?
Technically: Are the wallets strong enough to protect our bitcoins or we will see more attacks?

See also Top 5 Biggest Bitcoin Hacks Ever



Hackers find stealing crypto's and bitcoin as very lucrative business nowadays specially when the prices skyrocketed. And I believed that's its not just one person who is attacking, but they are group of hackers who will pinpoint certain exchanges and see how can they exploit the system.

It doesn't matter how long those guys take to attack and find the vulnerability, as long as they can execute and stole anything that they can get their hands to.

As far as wallets, the community is very active (reddit) reporting possible exploits. And devs are also active to upgrade their software such as we saw during the Electrum vulnerability.

I would say that we are going to see more bold attacks in the future. As customers, we need to be one step ahead, protect our coins at all cost.
8334  Bitcoin / Press / Re: [2018-02-14] Bitcoin Price Spikes to $9,300 as Bulls Notch Another Victory on: February 15, 2018, 05:45:38 AM
In past days I have red a lot of opinions of traders, large part of them are certain that there will be another big dip and this is just a bull trap. Some of them are saying that bear market is over.

I don't know what you are reading but I'm looking at a lot of bullish trend lately, and pointing about bitcoin will start to pick the price and make significant runs in the next coming weeks. No need to be cautious now as I don't see any bulltrap as the gains its already sustainable. We are not  going below $9k, which is a good sign in my view.

Your post has some valuable input and interesting details about Okex and volume.

 I am cautiously optimistic about current price situation , I hope that Bear market is over . I believe that today's action is good sign especially because of this future expiration.

Let's say, we continue to observed the market, few hours ago I saw it trading at $93xx but significant gains is made to well above $96xx. $10K will be broken in the next coming days or early this week and then fairly out of dangers against bulltraps.
8335  Economy / Speculation / Re: Is bitcoin back to its own rhythm again? on: February 15, 2018, 01:03:27 AM
Since last couple of weeks we see that bitcoin price is going down and down.
Is bitcoin price back to the normal and touch the highest by the end of the year ?
Is it again creating the new milestone?

What do you mean normal? Bitcoin has not been normal as far as I know. Maybe we have seen significant gains in the last couple of days that will makes us all happy and seeing its moving to a positive direction. It could be very well be the start of another bull run. Lets see how i goes specially if we are going to broke the $10K barrier this week or early next week.

For all-time-high, history shows that after a massive crash, what follows is a significant gain culminating in a record price. I'm not saying that this bull run that we are seeing will break the $19K, it could, but we have to wait and see.

Looking the growth level it seems that bitcoin has started to move on the right track in a good rhythm. Probably this time we can expect to touch $10000 soon as the resistance point is observed to be around $8500-$9000 which has been crossed a day back. Hope to see the value to be around ₹15000.

I wanted to see first and test $10K and get the sentiments of the market. We all know that there's entity behind creating fear amongst investors. If we break $10K and with no FUD, I think that its gonna be sustainable and maybe we it will be the last time to see bitcoin at 4 figures.

8336  Economy / Economics / Re: Bitcoin bull run begins now? on: February 15, 2018, 12:43:23 AM
Yeah and it looks like it is climbing up really quick. Probably the altcoins will now all go down as bitcoin, the king, is back at it. Expect to see the alts go down, but I think there will be those that remain high up even if the prices of bitcoins are going up as well. But, we'll see in the coming days. Usually this will take a few weeks before we see a real ramp up in price changes.

I'm one of those that see bitcoin will make a run together with all the alts in the top 10. bitcoin is up, so automatically alt should be down. The market scene has change a lot ever since institutional investor enter the scene, we have seen this during the last massive bull run peaking at $19K, all altcoins went to the moon as well.

From the looks of it, we have been enjoying gains in the last couple of days and it looks like we finally broke the $9K barrier without to much selling at the side. I'm no expert, but I speculate that this could bring the bullish sentiments that we all have been waiting for. If at the end of the week we broke $10K then I guess the bulls are back and we might see the hype train ride again, everyone should be on board by now.
8337  Bitcoin / Bitcoin Discussion / Re: China's Memo About A Bitcoin Crackdown Was Created By A Hacker And Is Fake on: February 11, 2018, 10:51:53 PM

I really don't believed anything that's coming from China now. They are all fake and unverified reports. And there's another news that PBoC is already sending emails to media outlets about the banning but they quickly says that they didn't do that as well.  Smiley

That's why I urge everyone not to take any news from them seriously. It looks like they are just trying to downplay what bitcoin has been established. We have somewhat recovered, but FUD like this will really take a impact to the ecosystem. Investors now is at the edge and a simple news will make then decided to sell off everything.
8338  Economy / Gambling discussion / Re: Tennis League All Thread on: February 11, 2018, 10:21:44 PM
Federer has asked for a wildcard to participate in the Rotterdam tournament next week!
if he reaches the semifinal he will return to the first place in the atp ranking and he will be the "oldest" n.1 in history!

Is Roger Federer really gunning for the number 1 spot here? Or he must take care of his health first?

But I will be happy if he will reclaim that number 1 spot. Nadal already did, so I guess Roger should have his turns at the spot this year. If he marches to the quarter-finals, the possible opponent will be compatriot Stan Wawrinka. This will be another classic.

As for the Davis Cup, USA will have the upper hand against Belgium here. I will also go with Spain, Croatia and France.
8339  Economy / Speculation / Re: Any prediction for the Bitcoin? on: February 11, 2018, 09:37:00 PM
Bitcoin still fighting to be stable. In every two days, Bitcoin price rising and down happening. This is too volatile now. So, What do you think about the recent market? will it rise again? If which then which month it will happen?

99.9% people want bitcoin to recover and hit all-time-high again. That's why its like when we are already making a headway, suddenly the price could go down again. So for me there's really a lot of changes this 2018. Maybe investors are somewhat reluctant now to just put their money, unlike last year were there's a lot of irrational buyers. So we have to take that in consideration.

I speculate that before the end of this month, we can make significant gains toward the $10K mark. I say this because after the Chinese New Year, our friends will have to make money again and I see that crypto is one market that will go and have their cash ready to buy once again. Let's see how it goes after this Friday (Feb 16).
8340  Bitcoin / Project Development / Re: Website and Book on Blockchain, Bitcoin, Crypto on: February 11, 2018, 08:41:58 PM
Thanks for the share. Few comments though regarding https://blockogy.com/

1. I think you need to put What is Bitcoin or History first before ICO and Ethereum.

2. You are offering about a crypto book but the payment scheme is Paypal, MasterCard, Visa and AE?

3. I don't know mate but it looks too expensive for me to be honest

4. Any mode to contact you besides email? An official twitter will do good things so that your potential buyers can get a hold of you quick.

5. I think you can get good and honest reviews if you will offer it to at least Legendary and Trusted members here and you can post their review on your website.

6. I don't see (sorry if I missed it) anything about you. As authors you should put your background and little about how you end up in this crypto sphere.

Goodluck to you mate, I hope that you will be successful.
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