mainly it depends on where you live. in many countries gambling is not illegal and in some places it is.
but also in some countries it depends on whether or not the government can tax online gambling. i believe it is illegal to gamble "online" in US because they could not tax online gambling!

the only thing wrong with bitcoin gold is its premine which has been 200,000 bitcoin gold tokens from 16,000 blocks that they premined.
if you consider "premine" as a scam then yes BTG and 80% of the altcoins are scams including big ones such as ethereum which had 72 million premined coins.

as for exchanges disabling their wallets you need to ask them why they did that. i think there may be some issue with the network although i can't find anything on it.

the main difference is in usage.
bitcoin is a currency and can work and is working as a currency. currently a lot of people have adopted it as a currency in real world. from small shops selling small items in the real world or online, to big businesses and retail stores accepting bitcoin as payment.

the altcoins are also supposed to be currencies (alternative crypto"currency" is in their name anyways) but they are not acting as one to this date. they all are considered speculative assets. and their only usage is to be traded.

JP Morgan CEO also called bitcoin fraud

if we start listening to what these people say about the only thing that is threatening their business then we have lost the battle ourselves. of course they would call bitcoin bubble, fraud, ... they are scared of it. and many of them don't even understand how it works but still they give opinion about what they don't understand and pretend to be experts in it!

go to imgur.com and upload your pictures then share the link here!


it is not exactly automation, it is because these markets are linked together so when one moves, other move with it.
for example ETH is 0.045BTC and at the same time it is worth $371
that means bitcoin was $8244.44

now lets say bitcoin drops to $7800, as i said these markets are linked. if ETH stays at 0.045BTC that means it is losing value because 0.045BTC is now worth $351 so it has to rise against bitcoin but to rise, someone has to buy it and there is always more people trading in the bitcoin markets than in fiat market that means price against USD drops because it can not go up against bitcoin.
the final result of this is ETH at 0.0458BTC and $357 in other words a drop.

bitcoin cash has proven that it can stay above $1000, and despite trading volume of bitcoin cash dropping from the highest amount that the records say but every time it tries going down due to dump or anything else, the price jumps back up. currently stuck around $1170 with $20 fluctuations.

whether it is manipulation or whales accumulation i do not know but i have watched it enough to say it will stay above $1000 for the foreseeable future.

i have already sold all the altcoins that i had today when i saw the rise becoming more serious. it is just a matter of managing risks that i am willing to take as an altcoin trader. even if the rise doesn't happen and bitcoin stops here i have not lost anything because i can always catch the altcoin wagon mid-way but if the BTC rise intensifies and i am stick stuck with altcions in my pocket then i will be losing a lot.

besides, when the altcoin dumps start, there will be a good chance to pick them up at the bottom and if we are lucky we can see some of the altcoin bubbles finally burst and they can come back to be viable investment options.

there has been a couple of news that has changed the game quite a bit. now there is a lot of money coming in from new sources which is increasing the demand and driving the price up.

i personally think the main reason is the CME news about adding a bitcoin market next month.
you can visit the speculation board to read more about what people are saying.

it is always like this.
each rise, specifically the big rises always leave some people behind. mostly those weak hands who are always late to act on each movement. late to sell and late to buy at all times.


why do you think it is early? price reached $7888 on November 8 (12 days ago) and this is just a $112 rise or in other words 1.4% higher than the last ATH. not that big a deal in my opinion.

i understand that but the underlying platform is allowing smart contracts to be created with vulnerabilities and easily exploitable bugs like we have seen multiple times and it is not just limited to wallets, there has been lots of other issues too.

it is always best to stick to your own plans and strategies and never follow what others do. it is not a bad idea to check what they are doing, but in my experience the strategy that you come up with and plan is always going to work best for you.
so if you think the coins and icos you bought are good for you then stick to them. and follow this path.

my strategy is hodling bitcoin and trying my best to take advantage of altcoin pumps to increase the amount i am hodling. but i don't really "invest" in these things and i tend to stay away from ICOs. i feel that is the best course of action for me.

because anyone who has ever traded in cryptocurrency markets wanted either to increase his money (fiat) or increase his bitcoins. that is why only the two markets are high volume.

the benefit is that if you make more money, well you are making more money.
but if you make more bitcoin, bitcoin itself rises up every month and you make an additional profit on monthly basic on that.

while $50,000 may sound like a large amount of money on its own when you think about it "this big" is only 5.25 times more than the current price. need i remind you that bitcoin has been rising at least 2x every year and th is alone it has gone up about 7x from the start of this year!

in other words you may be surprised how fast that price can get here, just like nobody even expected us to be talking about $8000 resistance now at the start of this year.

the argument is about price is rising because adoption of bitcoin is growing and the limited supply is the icing on the cake for the bigger rise.

gold has a limited supply.
gold is an element in the periodic table, but we have 118 total elements. does this mean when we extract lets say iron from iron ores we are increasing the gold supply? if so then yeah bitcoin supply is increasing with fork too!

there is no place else better than altcoin market to make a lot of money!
the manipulations and pump and dumps are the biggest profit that anyone can hope for. the trick is knowing which coin is rising when and by knowing that you position yourself in early stages of the rise and make the biggest amount of profit while others still chase their own tails trying to figure out why things are happening!

it seems like there are a lot of vulnerabilities in the wallet software written by the ethereum development team and they are being found and exploited. this will damage the public view of the whole project a lot but fortunately for the ETH traders, nobody uses these wallets, most of them keep their coins on exchanges ready to go... this is why i believe the price didn't tank hard!

there are a lot of other issues with ethereum too. it is not just these wallet hacks, the platform itself is a bad one with lots of exploitable holes...

it depends on the fork. not all of them are the same and not all are good for bitcoin. i say a fork is only good for bitcoin as long as it is improving it and also as long as a great deal of users want it.
for example in case of bitcoin cash nobody wanted it to happen but it happened anyways regardless of the consensus. that was bad for bitcoin and as you can see the damage it does to bitcoin is palpable now when they steal our hashrate for a day or so and make bitcoin slower.

if you check the rest of the altcoins you can see that all of them without exceptions have similar cases where a whale or a couple of them place buy walls like this. maybe not as big but they are always there to manipulate the market and there is nothing stopping any of them so far. so why should it be different this time?
if you take a quick look at ethereum market right now, you can see the same wall placed there too

they keep saying the fork has happened but when i check the blocks that are mined by SegWit2x chain i see no block being added to the previous one which was the fork height meaning the block number 494782. the nodes are stuck there which means nothing is happening on that front.

if i had to guess i say those who say fork has happened have bought the future market token (the IOUs) and are stuck with them after they got dumped.

um! i don't see much of a stability in ethereum price though! it used to be a lot more than this then started creeping down. before all these recent bitcoin rises it was nearly $400 then when bitcoin started its big rally, the price dropped down to $350 and then bitcoin didn't stop there and continued to rise but ETH dropped down lower to $300. well that being a round number resisted a lot specially with the whale manipulation so ETH had a lot of dead cat bounces but it fell to $280 too.

so to answer your question, yeah i am choosing to hodl bitcoin not ether. because i see constant solid rise in long term for bitcoin and i see short term pumps for ether and long term dumps!