One thing I don't understand is to associate everything Elon Musk says with the rise or fall of the value of Bitcoin. There are many other external elements that affect the value and it doesn't have to be what this guy says. If Elon continues to proclaim himself a spokesman or something similar for Bitcoin or cryptocurrencies in general, he will end up worse than John McAfee.

I definitely agree with you. bitcoin has had all these similar circles in the market in previous years without Elon musks tweet and even though he might have contributed to the recent dip in the cryptocurrency price for personal gains, all dips and rise in Bitcoin price cannot be because of Elon says this and that and i too believe he will fall off soon.

Quote from: TomPluz on May 23, 2021, 11:12:23 AM

Two days ago I made a mistake of determining that the DIP has already subsided and that the market will start to make good rebounds. What a mess because I missed. The dip continued unabated and right now there is still no end in sight for this continuing downtrend. I think major coins and tokens already slashed more than 50% of what they gained with the bull run, but the positive market sentiment has not yet returned. Let's hope that soon there will be vengeance.

yes, I agree. I believe the market will go up again and we will see the green as long as this month until the end of this year.
As you said, the dip is deep, that's really deep.
My asset, still  there. I hold them and wait the higher price.
every dump , we will see the pump.
Whatever fudder said. I will hold until the bullish coming.

You are right. I believe the market is on its way to an uptrend now


The dip was really deep  I believe that was about -60% dip in the market but at last, we are begining to see an upward momentume which I also believe will take us to a new ATH

This has been one of the pressing issues which needs to be addressed. All bounty managers must state at the start of their Bounty program whether there will be KYC or not. Some KYC requires passport and not every bounty hunter travels across the globe. In the end, most bounty hunters suffer losses as their tokens are not paid to them due to failure of meeting KYC requirements. This is not fair.

This is true and highly recommended. I would say it is not only about the KYC alone, some of the Bounties too after allowing bounty hunters to finish the campaign, you see where things are been changed. Most recently is the Bounty campaign for Student Coin STC where the project owners reversed the payment type and amount after 10 weeks of the campaign claiming that they never said they will pay the total amount of coins that is stated on the Bounty page and they never mention this in the whole 10 weeks until the end.

If possible, I like the Forum owners to get involved in this to help correct issues like this where Project owners believe that they can do whatever and nobody can do anything after they have used the platform to promote their project and they refuse to pay.

Most people say that the cryptocurrency market is falling due to the fact that China wants to fight against bitcoin and crypto mining, I do not know if this is true or not, but as you can see, the cryptocurrency market reacted very strongly to these news and if these news are true, then perhaps a bearish trend may be starting or has already begun.

Well I wouldn't really call it a bear market yet but there was a reaction to all those news (FUD) that was going on with the cryptocurrencies especially Bitcoin from Elon Musks' tweet to China BAn again and even the US crypto Tax proposal.



you can see that the market took to downward trend since then only trying to recover now.

What's your attitude to the different coin predictions. Should we rely on it? I found this article, https://this Url is blocked due to spam/en/blog/bitcoin-price-prediction, it's being updated every day and it seems fair. Is it ok to look at it?

Even if you are looking at different price predictions, that is their opinion but you must know how to view and analyze chat and the crypto market yourself so that when you want to make a decision it wouldn't be far off

AS per the recent fall down of the BTC, many investors have lost their investment and now no one knows when the Bitcoin will recover to $60k because when same fall down happens in 2017 then it almost takes 3 years to overcome that loss.

Yes, true but that was the end of the Bullrun market and the difference here is that this dip has not been confirmed to be the end of this bull market. If you look at the 2017 bull circle, you would notice that around this same time, there was a dip like this before the final uptrend that ended in Dec 2017/Jan 2018. I believe this is the same and there will still be another uptrend before the Bulls give up 

I followed the Student Coin bounty and I saw in the spreadsheet lots of Altcoinstalks members who got lots of rewards.
Thank you to the Altcoinstalks forum for providing ample opportunities to hold various bounties from various well-known Bounty Managers.
Back again to Student Coin, maybe soon the distribution of the results from the bounty will be carried out but I see that the total budget is very large, will STC later have a Dump ?

I will provide a little information about Student Coin so that it becomes a consideration for all of us and can discuss with each other.

Smartcontracts Student Coin      = 0x15b543e986b8c34074dfc9901136d9355a537e7e
FULLY DILUTED MARKET CAP = $318,396,894.33
Max Total Supply = 10,000,000,000 STC
Holders  = 3,259

Seeing the information from Etherscan, there is a huge amount of money circulating for Student Coin and this is a great opportunity for Student Coin to rise in the future.
And I am also looking for more information at UNIswap, please check the proof of the image below :

The Total Value Locked (TVL) at UNIswap is really quite large and the value is around 1,600,000 USD and this will be able to support the tokens generated from the Bounty when distributed.
The trading volume on UNIswap related to this Student Coin is rather small at around 295,400 USD and will probably continue to grow in the future.

My question :
-If you look at BM Detective's bounty spreadsheet, is this prize worth all the contestants who join ?
-Will there be a Dump for Student Coin during the distribution of tokens from the Bounty ?
-What strategy should Dev do to prevent a Dump from the Bounty ?

Well at least now with all the support/promotion that was given to them, they turned around and did the bounty hunters bad with this payment. I hope that Bounty Detectives will be able to put things in order because the way I see it is that, if they, BD are not in on it then this is a slap on their face if they allow it to slide. Imagine a bounty calculation that should have given you about $1.5k+ as of this morning's price of STC, you received Eth worth $67, this is a pure rip-off by Student Coin Team and I really Hope the Bounty Detective team will do something about it else it's their reputation. 

Two days ago I made a mistake of determining that the DIP has already subsided and that the market will start to make good rebounds. What a mess because I missed. The dip continued unabated and right now there is still no end in sight for this continuing downtrend. I think major coins and tokens already slashed more than 50% of what they gained with the bull run, but the positive market sentiment has not yet returned. Let's hope that soon there will be vengeance.

You are right. I was almost tempted to buying back some days ago but for some reason, I decided not to, and now like you said, the market is still going down. I do believe that this will end someday and the market will regain back but look at the bright side of it, this is another oppotunity to buy more once we confirm a reversal.