wewe cheka tu, a Bitcouin PDQ is coming to a supermarket near you soon as well as a bitcoin credit card-you spend bitcoins and pay them later

HEHEHE

Wachana na huyo Mkamba, sour grapes. I'd really like to meet anyone losing money in Crypto..

Could you provide a chart for comparision?

Expecting Bitcoin to find a bottom at 7740 - 7530s. Thereafter it should rebound and target a move upwards of $10000.

I was thinking along the same lines. It will bottom around 7500 and the uptrend will resume. I still dont think April was a bull trap because most alts had bled dry at that time. In my opinion, this is just a correction to a market cap of around 320billion -330 billion and the uptrend will resume. I also noted that platform cryptocurrencies will be the deal this year, not just coins. Platforms are the next big thing like Zilliqa, IOStoken,Cybermiles, Ontology, Loom Network etc. Judging from the performance of platforms in April, I can comfortably conclude that is where the smart money will go because they outperformed the market that month.

Agree fully. If ARM cement with land, equipment, emoloyees, cement in shops is falling down the cliff without signs of bottoming, how about cryptos which are not backed by any assets or sovereign power.

Bitocin. The downward correction is over at $7400. A move to above $8600 will be good confirmation. Expect a rebound to targets $10,000 or $10830s

Here we go. The standard response by a crypto trader when their currency is questioned is to assume the critic has done zero due diligence and dismiss them. I'll have you know that I've been following Bitcoin for years and the manipulation is there in the following ways :

1. Miners simply stop mining when a currency falls to a price below what it costs to mine. This causes supply restriction and the price quickly bounces back to profitability after that

2. For the entire history of crypto, there has always been a dominant exchange converting the majority of the currency in circulation. Right now the dominant exchange is Coinbase and they are notorious for making their system throw trading errors during market panics to restrict demand and prop up the price. Also there is no crypto insider trading law so it's easy for operators of a big exchange like Coinbase to examine trading behavior on their platform and trade based on that information

3. The top 1000 owners of Bitcoin control up to 40% of the currency. It's very easy for them to trade large volumes with one another to prop up the price when necessary