According to Brian Kelly at CNBC this is the most positive news for Bitcoin all year: I Agree!


https://ethereumworldnews.com/bitcoin-btc-etf-might-be-possible-with-the-bakkt-announcement-says-cnbcs-brian-kelly/

I have run into several Bitcoin "newbies" over the last couple of months, that are spreading the wrong information on forums and/or in person. Their intentions is good, but the results is bad, because they did not do proper research.

Some of these people are selling themselves as experts, because they have been in the scene for a few months. I have been in the scene for years and I still know very little about EVERY aspect of this technology.

I think you should rather admit it, when you do not know something about the technology, than selling your little knowledge as facts. I will regularly tell people that I am not clued up with every aspect of this technology, but I always try to do proper research, when I encounter something that I am not 100% clued up on.

~ Ask, if you not sure.
~ Do not lie, if you are unsure.
~ Do proper research, before you educate other people.
~ Accept that you will not know it all.
~ Fact check what you already know.
~ Do not argue, if you not sure about your facts.

Let's agree that we all learn something new about this great technology almost every day, so only a small amount of us are experts. 

Bitcoin hedead to zero?
The former ceo of paypal Bill harris said that,bitcoin's value will continue to dwindle until it gets "eventually a whole lot closer to zero."and saying that there's just no value in bitcoin and "Bitcoin makes no revenue, no profitability."
he also called the cryptocurrency is a
"colossal pump-and-dump scheme, the likes of which the world has never seen."
I think this is non-sense, what about you?

Source: cnbc

Ok ok first thing first when your bitcoin wallet gets compromised then your funds was send in different wallet then it is irreversible meaning no return of funds!! so I wanna tell everyone how to protect your bitcoin wallet from such kind of situation.

1st: Protect your GMAIL or EMAIL ACCOUNT
     
       We all know we use GMAIL as our email provider for such accounts like blockchain then we can recover and approve login with email in some wallets, now when your email account was targeted and get compromised then say goodbye to your bitcoin.To secure your bitcoin wallet(ex: blockchain or other) go to your google account settings. and then turn on the 2FA(2nd factor authentication) here is the guide on how to do it: STEP BY STEP GUIDE

2nd: Use your own DEVICE or COMPUTER/PHONE
 
       It's a very bad idea to use someones device(ex:from friend) to make a transaction in your bitcoin wallet why? because first you don't know what is the capability of that person regarding that matters and you don't know if that phone has a lot of malwares and spywares.So we cannot say that you are safe using someones device to make transactions.

3rd: Always backup you PK's or PRIVATE KEYS
         
       This is the most important thing to remember for everyone using your ETH or BTC wallet without backing up your Private keys then you can't recover you wallet in case you forgot your wallet.PK's are very important but there are thing you should do first. Make sure you store your PK backup somewhere that you only know and not from your computer because there are some spyware that might inside of your computer that can steal that file so make sure you back it up print in a paper and hide it to the place where you only know.

4th: Don't open links from malicious emails

      This method was called email phishing where an attacker will send the same email in thousands of random users once the victim will click the link in that email then his or her device was compromised to avoid this please do not click the links included in the email immediately please always have time to check who is the sender of that email and if that email is came from the site where it supposed to came from.

5th: Do not trust PUBLIC WIFI 

      It's quite good to have access with free wifi's but have you think this: IS THIS A SAFE NETWORK? without you knowing maybe some of the people connected to that same network may have idea and skill on how to sniff passwords and credentials this method was so called DNS SPOOFING or SNIFFING if you want to use public wifi then use it not just with your bitcoin transactions.

6th: Do not login on Suspicious links

     This method is called PHISHING where an attacker  will send you a link to login with your bitcoin wallet luring you with the legitimate site example is:
the real site is: https://www.blockchain.info/
the fake site is: http://www.blockchain.ga/

then once you login to the fake site then the hacker or attacker will have now your credentials. Please always check for the green lock on the url bar and the word HTTPS in the link.


so this are some of the way to stop hackers to hack your bitcoin or crypto wallet. If you have other information then you can comment it down and lets help others.

The answer is just simple, we all are cowards  . Everyone will like to wake up one day and find out that Btc has reached 50,000. All these people are scared to invest hugely in bitcoin but want to become  Crypto millionaire and Billionaire. You ask them why they are scared and they are like crypto is volatile and so on. This is the time to set the record straight make people realize what they are into. If you are scared then there is no need for you to join this amazing fraternity .

When the price of a commodity drop with no reason, you should know that it is being manipulated. The reasons for this is quite simple, because a lot of people know this is a fake crash and they are going to make millions, when other people start to panic and start selling their coins at these low prices.

The secret to maximize your profits in this game is to buy coins at the lowest price possible and then again to sell at the highest price possible.

What do you do if people are hoarding their coins and refuse to sell? You simulate a fake crash by stockpiling your coins over a long period and then dumping those coins at once to trigger a small crash. You then buy back these coins at a lower price than what you bought them and wait for the market to recover.

This is what is happening now, because there is NO reason for this sudden drop in the price? Hold onto those coins as long as you can, because these greedy bastards will manipulate the markets to cause chaos and panic.

I read this article, but I want to see opinions, would you sell all your alts to have only bitcoin now ? I don't think this is recommended

https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst

I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.

but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
 
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!

Although there are a few countries who uses bitcoins and other cryptocurrencies now, I cannot help but wonder if the world is truly ready for this digital currency? It will certainly be hard to replace all currencies in the world but it could happen in a decade or so, perhaps even less? Still the question is, is the world ready? I think if this happens it might be one of the biggest changes that will happen worldwide.

I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?

I came to a realization that government had stepped in already in some countries who are accepted and acknowledge cryptocurrency existence. In fact they made a regulations that has made some negative and positve reactions over the implementation of cryptocurrency regulations like doing KYC (Knoy Your Client) on local exchanges, Registering ICO projects to the government agency concerns and etc which purpose is to prevent illegal or abuse in the use of cryptocurrency from money laundering, funding terrorist groups and etc. Well can you say about this regulations, GOOD or BAD?

To some,100-unit of bitcoin sounds like a big investment. To some,its a small investment.4 years ago, buying 100-unit of bitcoin was a small thing,but today is a huge investment and it's going to be higher in years to come. Below are some arguments on how one can start with nothing especially in cryto or digital currency system.

#1:Being born poor and financially uneducated does not mean you cannot become rich.very few people are born rich enough to buy 100-unit of bitcoin today. And no one is born smart enough to acquire, finance and manage 100-unit bitcoin by themselves.  In other words, not having any money or financial education isn't an excuse not to get started. Yet billions of people let the problem of not having money or enough education stop them from becoming rich. They fail to make the first step. And if they do take the first step and then fail, make a mistake, lose money, or run into problems,  many quit. That is why for billions of people, a 100-unit of bitcoin will always seem like a big investment or project bigger than their dreams.
 
#2: Start small and take baby steps : last year, my first investment in bitcoin was a $100.i was extremely nervous when took the first step.the investment grew up to $300-400 in a month, which I eventually lost all. But I didn't quit. After the lost, my eye opened to the entire blockchain system.i then realized that Bitcoin was not the only cryptocurrency in existence.i started with nothing as a bounty hunter and developed my I.Q on digital currency. Today I am a proud owner of some reasonable crypto. I strongly believe in the power of mind. Our  Minds are our most important form of leverage.

#3: Dream Big: Most of us know that a child must be allowed to dream. Thesame is true for adults. Our dreams keeps us rich, young, and fun. Investment and projects keeps us learning and growing instead of living below our means, we dream big, learn, and invest carefully in order to go beyond our means.
   In conclusion, Today even in the richest country in the world, millions of educated, hardworking people are earning less even if they are paid more.
To make matters worse, because of a market crash, millions of educated, hardworking people think that investing is risky and to attain higher returns means you have to take on greater risks. There are only a few people who know that the key to leverage is Control, and the key to control is financial intelligence.
 The good news is that the higher your financial intelligence, the more money you make without needing money. In this new capitalism, it is truly possible to make money for nothing.

What is your opinion on the current market situation?  2018 has not been our year. It's been quite rough for cryptocurrency prices, with the most recent slump being from June 10, the market continues to fluctuate and change. But things seem to be looking up and bitcoin has reached its peak this summer, topping $8,000.

https://cointelegraph.com/news/what-is-going-on-with-the-crypto-markets-experts-share-opinions

After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don't think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don't think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.

The answer is: NO

You’re not the only one who has this feeling. As someone who got into cryptocurrencies 2.5 years ago (It also seemed too late back then), I think you shouldn't spend your timing regretting on opportunities you missed.

Instead, you should make your first step ASAP and learn by getting involved.



 What should you do?

 
Stay tuned - Read a lot about the different cryptocurrencies and try to catch up with the latest news.

 
Know where you are at - Try to understand how this market works and the main technology behind it Understand the Blockchain in Two Minutes

 
Trust yourself - 90% of what you read on the internet is bullshit, follow your instincts.

 
Learn the basics of technical analysis  Crypto Investor's Guides - CryptoPotato

 

I hope it helps,
GuerrillaBuzz

why does everyone start to panicking when they see the price of Bitcoin dropping so much, in my opinion it is natural that the price of Bitcoin falls because Bitcoin has experienced the same thing as now, so I suggest not to be afraid and panic.

we will see from this graphic :
1. On April 29, 2013 the price of Bitcoin was only $ 135.30


2. and on November 30, 2013 the price of Bitcoin increase high at the price of $ 1,149.14


3. then on January 2, 2014 the price of Bitcoin decreased at a price of $ 773.40 and on December 31, 2016 the price of Bitcoin began to increase again


4. and the price of Bitcoin began to rise high at the price of $ 19,783.30 on the 17th of December 2017


and as we know, now the price of Bitcoin at $ 6,948.46 and this is indeed down very far compared to prices on December 17, 2017, but it has already happened in 2014 where the price of Bitcoin dropped very far and it continues until 2016 and in 2017 finally Bitcoin prices start to increase again (it takes around 3 years to make Bitcoin prices rise). so from that, I'm sure the price of Bitcoin will increase again even though the time needed is not short.

In Trading, there are two categories of people, those who want to increase their bitcoin volume, and those who want to increase their dollar volume. Which one do you prefer?Why?

Hey guys,  i need some suggestions and opinions about this.

This is a common thing happens in different countries where the government mandatory give assistance to there citizens with disability, and the sad truth is that the assistance from government is not enough.

This is the perfect time to introduce bitcoin to persons with disability by doing this they don't need to rely only on government assistance, because they are now started to earn there own money to support their needs.

What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.