So, as many of you are painfully aware, bitcoin crashed around 30% over a couple of days, reportedly due to regulatory pressures in Asia, and a potential ban in China due to energy wastage and tax evasion risks etc. Reports suggest that China contributes as much as 70% of the worldwide hashing power, and yet we only saw a 30% drop.

Source: Report: PBoC Quashes Bitcoin Mining Ban Rumor in China

Furthermore, we saw 30%+ drops in other cryptos, even unminable, non-decentralized ones. So, conspiracy theorists, why do you think bitcoin really suffers these sporadic crashes, could it be large-scale market manipulation? Or is it simply FUD leading to a wide-spread panic selling?

I had arguments  with my friends  who are always  tagging  bitcoin with negativity. Today, we argued  and I educated them on bitcoin and Ponzi scheme.  To me Ponzi scheme  is when developers takes  money from new entrance to pay early birds,rinse and repeat until they raise enough and vanish. But bitcoin  is not like that.  Do you think I am right?

Congratulations to who have patience The market began to rise and return  

I am a newbie, apology for posting again if there is similar thread already exists (posting question coz I didn't find one).

I am learning how to setup an exchange. As of now I know how to send and receive the bit coins to and from address. I have sample code with me which works fine.

But now am stuck at point how to buy and sell the bitcoins?
Any help (article/blog/book to read, video tutorial, existing thread link, hints) would be much appreciated.

Thanks in advance.

Seriously we had Bitcoin Cash, Bitcoin Gold, though some argue that one's a scam, and now Bitcoin Diamond all within a 6 month time period? In 5 years how many forks will there be? They should never have forked the coin at all, not even once. They should have created another coin with a different name from scratch. Forking constantly makes the whole thing seem like a big scam from an outsider's perspective.

Forking will lead to another coin eventually taking bitcoin's place in my opinion, though hopefully people don't see that hey, anyone can create any coin they want at any time, so why should I buy this particular coin? There's 15 bitcoin forks here in 2019... what the hell is going on?  I like that I can store money without having to worry about unconstitutional civil asset forfeiture, but it seems like the way things are going the blatant greed is showing through.  Just another way for people to create a coin they can dump and make their millions, which is fine.. I like making money too, I just hope this short term focus on gain doesn't harm people's perception of bitcoin as a whole.  In any case as long as the money is there, people should flock in. 500 billion dollars from a global economic perspective is still peanuts. We could have 2 trillion in combined market cap and it's still peanuts to the global economy.

I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?

Hi Guys,

You may call me crazy, but i am worried about the fact that more companies are accepting bitcoins. I brainstormed about a possible doom scenario. I am happy to see that bitcoin is growing. But i still don't trust the banking system and the governments. I think when more and more companies accept bitcoins, they are going to sell the bitcoins to the government or banking systems. And the banking system and government wont bring those bitcoins back in the community. They will all save those bitcoins so they will control the whole system. And even worse if they have plenty of bitcoin they can sell them all at the same time to destroy it. What do you think of it?

Do you agree Bitcoin is the New Gold. According to Goldman Sachs analyst Zach Pandl, the rapid increase in demand for bitcoin has been triggered by the growing dissatisfaction with regulated monetary systems and the current Banking infrastructure. Pandl also noted that in the long - term , cryptocurrencies like bitcoins mature and evolve into a major asset class and will pose lower return but demonstrate a high level of stability ,like gold and other safe haven asset. (source: https://www.ccn.com/bitcoin-new-gold-better-safe-haven-asset-goldman-sachs/)

I think miners should start invest on renewable energy source (solar panels, wind turbines) to lessen the impact of bitcoin on environment?

Are blockchain-based transactions easy for money laundering?

why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?

Bitcoin was the virtual currency of IT geeks and hackers. After the bitcoins began to buy housekeepers, children, janitors, postmen and even my grandmother, they became impossible to use.
High commission, today my friend wanted to pay the BTC through a token for a cup of coffee worth $ 5, he would have to pay a commission of $ 10.
Anonymity? hahaha, any person knows where and on what wallet funds are transferred.
The currency of the future does not have commissions and makes transfers instantly!
Today I can say that BTС has no future if it does not solve its problems. Companies will switch to other, more modern currencies such as "gram."
P.S Sorry, just I'm very angry right now because I can not make small transfers it's bullshit.

I love the concept of Bitcoin. I believe the Internet will redefine currency as we know it.  I hope this helps the Bitcoin community to develop a currency that's really resilient to attacks.

But, is it possible?

With the high price of Bitcoin, I think its unwise to invest your money in bitcoin at this point in time. Maybe it's better to look for other Altcoins being offered in the Market. What do you think?

when do you thing Bitcoin is gonna rise again?
its preety much stuck in 12k to 15k!
why is that?
Mcfee said it will reach 1m!
when is that gonna happen?

If you could choose one that would implement Bitcoin payments, what would it be? I'd say Amazon.

It is a technology that is likely to have a great impact on the whole of mankind over the next few decades. It is not like social media, data or robots, not even artificial intelligence, but it is a basic technique for digital currencies such as BTC, Little by little because it is the new generation of the Internet and the reason for this proliferation is that it carries great promises for every business, every society and everyone individually.
Everyone knows that over the past few decades we have had so-called Internet information that has been democratized and made available to everyone unconditionally. However, when it comes to assets (money, stocks, bonds, intellectual property, music, etc.), these are non-copyable things. We depend on brokers such as banks, governments, large social media companies and so on to transfer such things to establish trust in our economy. These mediators lead all the logic of business and transactions, starting with the identification and identification of the people involved, but the problems of the traditional system are growing and the most important of these central problems in dealing that are always threatened penetration and in our time more than ever before, in addition to slow transactions, It may take days as well as a substantial share of the fee for the service provided
And in return to centralization they take over our data and in some way our privacy is being undermined, contrary to what we should be now in the digital age in which equality and social justice must be devoted, unfortunately, because of central ruling families in turn
What is new is that there is something other than Internet Information (Internet Value) as a global account book and is available to all working on millions of computers where any kind of assets can be funded and even music can be stored, transferred, handled, exchanged and managed all without mediators After a global financial crisis, a person named Satoshi Nakamoto created a paper in which he developed a protocol for digital money, which used a basic encrypted currency called platinum, which is now 3 times the ounce of gold in world markets. This encrypted currency enabled People from establishing trust and carry out transactions without the need for a third party, and here I mean the banks and this digital value of the asset rises in the markets and declining demand from them without control value from one of the central banks.
For the first time in human history, people everywhere can trust each other through P2P transactions. This confidence is not only due to the presence of some large organizations, but also because of cooperation and encryption, as some have called the trust protocol
The way it works is that technical assets such as money, even music, and everything that is between them are not stored in a central location but are distributed through a global account book that uses the highest levels of encryption. When a transaction is made, millions of computers around the world call the prospectors or Every ten minutes in what is like the pulse of a network is created block block reserves and prove all transactions that took place during the previous ten minutes to connect the new block with its block to create a series of blocks blockchain and each one sealed at a certain time so it is difficult to break this block in addition To previous blocks And all the records of trade on the series of blocks not only on one computer but across millions of computers together and all use the highest levels of encryption and therefore very secure compared to the computer systems that we deal today and the portfolio of Bitquin is one of them only.
We also have a series of etherium coin blocks developed by a 22-year-old Canadian man with exceptional capabilities. One of them is that you can build smart contracts, which is a contract that runs out on a personal basis. This contract deals with implementation, management, performance and payment. This contract contains a performance account for agreements between people. Work on projects to do everything from creating an alternative to the stock market to creating a new model of democracy in which politicians are accountable to citizens
Therefore, to understand the magnitude of the radical change that this will bring, for example, one of the fields is financial services. This is a very complicated area for a simple service, but through the financial system, we will not need all of these stages from payment to settlement. The traditional financial system to the settlement in the same movement is just a change in the book of accounts, which poses a threat to the traditional financial system in the world