most of those that are attacking bitcoin have been investing in it big time. there are a lot of whales who are trying to park their money in bitcoin so they don't want its price to shoot up before they can invest a big amount in it and we all know they can not do it over night, that has to be done slowly. and also trading bitcoin gives them a lot more of it for example when they dump before they start the FUD machine and buy back at the bottom of it.

my guess is he was trolling you

but in order to know if he was telling the truth or not, you have to look at the volume and possibly even the orderbook of 7-8 years ago when price was $0.7 and see whether $22k funds could pump the price or not.
again my guess is that it was not possible because bitcoin was much smaller back then but still not that small. unless by "pump" he meant increasing the price from $0.7 to $1

in any case, bitcoin is not like the pump and dump shitcoins that you can single-handedly pump and dump it. whales can affect the price a lot and even manipulate it but not by that much.
besides right now there is a downtrend going on, trying to cause a rally is like going against the tide. you will be crushed if you try just like when price was rising those who went against it were crushed.

bitcoin is always in the "negative spotlight", that is not a new thing but whenever prices drop everyone only pays attention and repeats the negative stuff and turn then into FUD. and it is mostly a market manipulation but also a big fear that is running through the market with all the bubble talk and end of the world talk, all these weak hands have been dumping and eventually the trend reverses into a bear mode one and by then there is not much you can do to reverse it back but to wait until it reaches the bottom.

trading face to face and with cash.

there are two problems with this method though.
first and obvious one is the risk of trading like this, because you have to trust the other person to not physically attack and rob you. the solution is pretty simple, trade in a public place and you can always bring someone with you. they say you can even do the trade in a police station, they allow this.

second is finding such person. this may be a little harder because you have to search the internet for them. and then find the best rates for the trade and then find someone who is close enough that can come to a location to do the trade.

you are correct about saying "whales are buying more bitcoin" since that is what happens each time there is a manipulation and price drops.

but you are wrong about that link. the top X addresses that you see on that list are addresses with the biggest amount of funds and these addresses do NOT belong to individuals. for example first one is the most known one which belongs to bitfinex. so if their balances are increasing the only thing you can conclude is that people are making more deposits on bitfinex.

not at all, if you understand what you are doing, you will be able to make money in any market and if you don't and if you are just gambling with your money you will lose it no matter which market you are in.

you say bitcoin then continue with saying "currencies". there is never any kind of "deficit" in the supply of altcoins, there is always more altcoins and there is always more of any altcoin because of their HUGE supplies. some of them like ether even have unlimited supply!!!

it won't burst "one day", instead we have multiple bubbles which happen from time to time and they burst often correcting the market before it rises back up again and eventually forms another bubble which burst and the same thing be repeated.
for example bitcoin had at least 5 big bubbles so far, each bursting in time and after the correction price picked up and continued on its real course.

100% in bitcoin. and whenever i buy an altcoin it is only for a short term before i dump it to get profit on the bitcoin i invested in them.


bitcoin has real usage and adoption, altcoins don't. and until they start being more serious about real adoption instead of focusing on pump and dumps they won't become good long term investments.
until that day i will consider altcoins only for short term pumps.

this is kind of a unique thing because Robinhood Markets Inc. is a company that not making profit from commissions but instead it is making money on your balance. so the more users they have and the more they invest, the more money Robinhood guys are going to make.

adding cryptocurrencies meant opening their wallets to a lot of new people who started putting money in so that they could make more profit.

it is very interesting that they started this on January 25, 2018 which is nearly 2 months ago and still made this much!

this strategy is only working if you think what you are HODLing is worth it. for example if you really believe that there is some reason for it to be adopted more so its demand rises and with it the price of it in the long run.

for bitcoin, i do believe this and i think because of its limited and small supply and the increasing demand, bitcoin price will rise in the long run so that is exactly what i am doing with bitcoin, i keep buying and earning more and hold for long term.

but for altcoins i do not see this and i believe that there is a bigger chance for them to drop and never come back up again because there is no real demand for them and also they have ridiculously high supplies and some of them don't even have limited supply (no cap). so i only trade altcoins in short term.

Lol. the increased activity of all the old FUD accounts, also the increased number of newbie accounts on bitcointalk which are speaking of doomsday, and on top of all that the increased media coverage of bitcoin and constant talk of how it is dropping, getting dumped, bubble, Mt Gox trustee dumping, banning,.... and a lot more show that there is in fact a huge increase of interest in bitcoin at the very least.

this news and the way people are reacting to it is actually pretty funny in my opinion. not only because that amount is pretty small compared to the daily volume but also it was one a dump in one day but a dump in the course of at least 6 or 7 months which means the market absorbed it pretty nicely without any change.

not to mention that according to the news (the part which everyone is ignoring) is the dates. the sell off started last year during the rise and ever since the start price went up from $4000ish to $20,000 then fell. they always ignore this fun fact that price was rising even though this dude was selling, and yet they say he crashed the market!

that may be a bug in btc.com fee estimation system because everywhere else is suggesting 10-20 satoshi/byte and if you check the memory pool yourself you can see less than 10 S/B is a good amount right now. check my previous comment here to see how i do it.

you mean number of unconfirmed transactions? that is normal! it usually is around 2000-4000 ones in the memory pool and when a block is found, it drops down.

absolutely nothing will change. all these platforms are banning the advertisement of cryptocurrencies mainly because of all the scams that they have been putting people through, scams such as ICOs and scams such as fake/malicious websites with similar names as wallets, exchanges,...
and in the end we may see some dumb panic sell temporarily before everything comes back to normal again. the FUD and panic sells can not last for eternity you know!

one thing is for sure, you can not use Technical Analysis, Moving Average,... to predict bitcoin. bitcoin will move on its own accord. your TA may sometimes work but most of the times it won't. right now this is all unexpected, the FUD and the dumpings are crashing the price and it will continue to do so until the two opposite forces (the other is the buy support) cancel each other and price reverses back up until next FUD.

whenever prices are dropping you should sell, the difference is that not everyone is a trader so most of them don't sell bitcoin but they sell all their altcoins. what you can do in this case is to continue to accumulate more and more bitcoin as the price of it goes lower, that way you can increase your bitcoin wealth. and we all know that bitcoin is the good long term investment which will go back up eventually and has another huge rally.

well, what is your proposal? you found the problem and surprisingly you found it now whereas the manipulation has been happening from day 1, specially it was happening during the rise too but by the time price was rising to the moon you weren't seeing manipulation because you were happy. but now that price is falling you see the manipulation!

in any case the problem is because of the way exchanges work. regulation is one part of it, the other is that they are still small despite what it looks like. dumping + some panic sells can crash the market easily. if you want to fix that you have to find a way to make price changes that much harder and that will only happen when people can trust exchanges more and leave open orders so that there is more resistance when a drop is happening for example.

price may fall more, it may even fall big time and much lower but i still wouldn't call it a bubble burst. the bubble bursted long time ago and it was over. now it is just pure manipulation and dumping that is crashing the price.

hopefully we get to a bottom that eventually ends all the bubble talk and the rise after that is more solid, so we may find a silver lining in this after all.

this may not change much but when using coinb.in you can change the settings since they use different methods of broadcasting transactions. the settings button is on top right corner: https://coinb.in/#settings
in fact they have 3 methods: coinb.in node, chain.so, blockcypher

i believe Quickseller still has access to F2Pool.

some people are always making "predictions" at all times. and everyone knows that even a broken clock is correct twice a day. for example last year it was John McAfee who was the biggest "predictor" of that time just because he kept saying bitcoin is going up (to $50k, etc) and he still is saying it but nobody cares since he is wrong now. the same is true about any other idiot who calls themselves "experts" and "predicts" the prices. they have been calling for a drop for a very long time now, even when price was rising. but only now that it is dropping they are true and you only see this part not their history!

bitcoin dominance is still the same as it ever was because dominance is not just market capitalization. dominance is all the things that coinmarketcap.com simply ignores so people following it also ignore. the dominance is the real adoption that bitcoin has, the merchants, the businesses, services,... that are accepting bitcoin as a currency. the number of transactions that are happening every day on bitcoin not just for a short time. even the trading volume of every day and a lot more.

of course when for "dominance" you ONLY consider market capitalization, bitcoin's goes down because there are countless coins and tokens out there each of which creating a huge bubble by simply releasing tokens. and each pump and an altcoin with a large supply has, increases its market cap by a lot making bitcoins so called dominance go down.

so now that this so called dominance is growing, nothing is changing about anything. bitcoin is still as strong as before, and altcoins are still the same pump and dumps as before. the only difference is that altcoins are getting dumped hard these days and each dump decreases their market cap hence the total MC by a lot. that is all that means!