Quote from: kosse on January 12, 2018, 02:27:31 PM

Quote from: Enjel on January 12, 2018, 02:14:10 PM

It just means that we're not out of the woods yet... duh...

I mean, we just had a large correction from 850 billion market cap down to 650 in a day. Bitcoin dropped from almost 18k to 13k at one point.

To think that small bounce back to 14k bitcoin is "safe" is not correct.

It's good that he isn't recommending a short, but right now we are still more bear than bull. We had a bounce, and now we are waiting for the retaliation, which will drive BTC prices down even more.

So just wait and see...

Exactly. We are more likely to go down than up. BTC as it is is almost unusable due to network congestion and high fees. I would love to see it go up but I doubt it will happen before these pressing issues are fixed. The problem is that LN is not a short term solution and there is no way of forcing big exchanges to use it in any case. Hell, many of them aren't even using segwit or batching (Coinbase etc.). I've started to seriously think about trading my bitcoins to ethereum or even bcash (even though I think that Roger Ver is a scam artist) to not to lose my assets.

Do NOT reward the scammers.

If you are going to move to an alt. Move to a real one. You said Etherium, but I would prefer Monero or maybe Litecoin. These are projects which set out to compliment BTC not subvert it. And they have excellent dev teams, use cases, real world use, and positive communities.

Or... just stick with the one true coin.