I don’t remember or just I don’t understand what do you mean. At the time it was not JPMorgan(owner) itself but the CEO of the bank Jamie Dimon that your talking about. It is not his comment last September that makes the bitcoin price down but in coincidence it is on the same issue with the China banning of ICO and closing bitcoin exchanges that is wildly been used by someone like you to promote negativity and make the prices go down. Then it goes, but that won’t last that is nothing but a laughable reality you must learn.

If and only if bitcoin is centralized, I’ll accept it and take advantage of it because sometimes the good things with this is much adaptation to and in our community inside the society where living. And regulating cryptocurrency is a must obviously as the scamming came handy and most new investors are being victimized by this people. The control should be not only by the government but by both and the people must have a say to it.

I can’t say more but to thank and applaud Japan for making cryptocurrency a much bigger investment opportunity this 2017. To look at it, if japan have not done it or do the banning maybe until now bitcoin adaptation to the world still in slow phase. That country is very influential in the technology aspect and having they’re support is the proof of how bitcoin will mild new generation of investments and transactions with ease.

A sad story to read but a lesson to learn for every bitcoin holders that is human and obviously we are, that death is a destination that all of us will soon be going. So before that happens and time will be late for us to regret, everything we have must be shared at this time to our love ones. Money/bitcoin can’t buy life but can make one life a better one. So better we be the one to initiate this things before we die.

I have read the same news about this scenario in Hong Kong. And it is the proof that bitcoin and Blockchain technology is traceable transactions. But in fiat it is more common because every personal information is available. And maybe it is also a co-incidents that is not pointed out as the businessman has bitcoin but it is picked accordingly for its wealth and assuming he does have bitcoin on hand. We can also assume that the one offer it is the businessman who will not lost much on bitcoin because he bought it cheaply before.

In my humble doing, I always sell a portion of it in every thousands that bitcoin new highest price as mostly every time it goes down after. We can’t really point out of what makes this increases on one factor only because it is a collection of many  good things happening around the bitcoin investors, users and the community. It’s like more investors, more demand and more profit before the higher the price in the soonest.

Finally, after too much pump on bitcoin cash this past days from new accounts made for that particular reason the fork coin “Bitcoin cash” will soon be back to its well deserved arrangement as shitcoin. They’ve tried and soon will make the same scenario and have the tendency to failed again. Bitcoin is still the king and always be for many years to come in the cryptocurrency world and investments. Tired of Bitcoin is a bubble FUD by this menions.

The reason of deleting your reply is nothing to do about personal interest of the moderator but maybe because it is not suite to the argument itself.

By the way, “Bitcoin must crash - $7500 is the peak??” Sorry for this but your wrong it’s 8000$ per bitcoin now, then I think you need to review your academic knowledge towards world currency and let this failure to make something that is beyond ones predictions an answer why most of us, bitcoin users will never understand rules and norms financially. Bitcoin is different from all. Period.

Having the same thoughts that Switzerland will banned cryptocurrency because of its best well known for being one of the leading banking capital in the world. That’s why I’ve asked for any information to it, as Op have done. Sometimes it is shocking how the government response to what is new technology and sometimes expectations are not accurate. Every country makes different approach toward bitcoin because of self interest, that Swiss shows that has none or might also be playing along as off shore accounts has getting controversial this past years.

The idea is great and might be profitable as the concept of it is good as it is timely that conversion fees might be bypass on doing so. But to open it in United state of America is not the smart thing to do, they have strict regulation towards cryptocurrency and also have taxes to fee. It would be much highly possible in a country that still no laws or neutral to this kind of investments. Having no taxes or minimal depend on IRS policy on the said country.

I know it is not convenient to do it, timely again and again but it make sense to give yourself assurance of your action. Maybe it’s time to go back study my strategy and security. An information that has been forgotten because of laziness that I should been doing since before.


I have read about it for so many times from ordinary members of this forum and to have legal advice from a law practitioner itself is much better.

This is reality that most of us should understand that a company they have they’re own rules and those is mostly be to be followed and we can’t do about it.

I personally been victimise by a cloud mining syndicate last year and those experience bring me a lot of depression but I’ve move on and forgetting it is not an easy thing, that’s why I’m hesitant to join any cloud mining site today. Learned from it and Stay away if possible.

That’s why I used local bitcoin wallet providers that is licensed and regulated by the government and the central bank in my country for this purposes.

I can’t argue with that for some reason it is beyond what can we control about. It is more of we choose what we deserve if we don’t make a different path.


Thanks sir George, for this incredible opportunity to give our own opinions on the same way respecting it. You’re kind and worth to be in conversation with. It is a great help for the bitcoin community as a whole.

Honestly a 5% is a good strategy but as a small investors like me 50% is likely be a normal thing. It was not intended to generalised most but it is what I’ve observed as prices up. As of this time bitcoin increases not as fast but gradually only shows not pumping of prices but slowly new investments is counted and coming that we can also connect to the increasing popularity of cryptocurrency.

The first time I know it, i was also shocked and surprised how this Blockchain technology transaction works and its electricity cost. But as I have researched most mining farms are located on a specific country with low electricity cost and more environment friendly facilities. I don’t bother to make a statement out of concern as an environmentalist as myself care much for nature.

In the future bitcoin can be deposited through banks and be withdrawn. I’m an open minded person, for me it’s something most argued with, if this possibility will do good or bad to cryptocurrency but as me since I came here only this years the rampant scamming and shutting down of bitcoin wallet due to running everyones bitcoin make me think that having some bitcoin bank that is privately owned but transparently liable to the people and the government.

If the government in your country drafted or pass a law regarding cyber crime even without specific regulation on cryptocurrency itself, this can be used to pursue or punished a person doing scamming in the internet. This might not be an easy journey, so it’s better to avoid this things or incidents on happening than to be on that situation of depression because cheaters are mostly 90%(anon) of them can hide and 10% are the amateurs.

The important matter should be your life and taking that high risk for a 50/50 decision is not suicidal but stupidity. In due time researching a poison in Internet is much easier than mining a cryptocurrency because it is. Most have tried and lot of them succeed not alone but corporate. This is the best and wisest thing to do make a group who have the same aggressive towards mining that you do. In that way you can sleep at night after a failure and if you succeed you know how to do it on your own now.

I have been asking myself beforehand how do I discovered bitcoin investments now than any other currencies available since my birth. It is because cryptocurrency is for the masses and not for oligarchs that Is dominating the entire stock market for they’re greediness. It’s a reality that we won’t never understood until now if Blockchain technology destroyed that perception that investing is for the riches and the kings.

It is the ultimate opposite to gold and fiat and the opportunity it bring to ordinary person is higher.

I observed the same way you do. Those whom making such move on pumping bitcoin cash are the same person who are complaining the price of bitcoin that is unaffordable. The reality is they do have self interest and have invested to bitcoin cash for that reason. But as of now that the price rallying back again to its track the attacks will not stop and will continue until they will be tired of.

After reading about it, I need to look upon every account I have and its security. It is good that we should be the one informing our co-member in this forum of what should we be avoiding in all cases of hacking and scamming attempts by those who don’t play fairly and want instant money in the expense of other person hardworking money. Let this be a lesson to everyone of us and hoping no one will be soon a victim.

Nevertheless, this kind of stop or much stable price for even a day or two is needed for the investors to breath for a while. Bitcoin even we have full trust on its future price has always been unpredictable and has tendency to go down fast that is normal but jaw dropping for sometimes. It is that not just about its price that matters but the investors ability to adopt on its unstable price range. Blockchain technology and bitcoin will still be together for a long time that for sure.