I actually checked on coingecko and those were the figures which were given. When you consider that the price was not flat at $30k, but actually a little below it, and the price now is hovering above $18k; considering the values of the couple hundred dollars, it runs up to about 35.9% drop.

Doge has dropped about 9% (that's not barely moved) within the past 24 hours, with Bitcoin on a drop of ~11%.

Bitcoin is a lot more expensive, so a drop in it would be massive (relatively) when you compare it with other coins.
Consider the percentage difference and not the actual price movement.

Checking the charts, Doge has dropped about 37% over the last 30 days, while Bitcoin is at around a 35% drop and ETH is over 40%.

Not dropping below a certain resistant point over a period of time does not equate to more stability when compared with other coins.

You are not discussing objectively. I don't know what you even mean by every chance.
If you want to troll Bitcoin at least come up with reasonable arguments against it other than, "Bitcoin is a Ponzi scheme which is goin to zero".

How about you come back when Bitcoin actually goes to zero?

• First Peter Schiff was right,
• Then, we Bitcoin people were right;
• Now, Peter Schiff is right again.

The inconsistency in your ideas and opinions with tweets from people or price actions shows you should not invest in Bitcoin at all, and that's perfectly fine.
Not everyone needs to invest in Bitcoin.

People throw the word 'ponzi' around, without understanding what it actually is.
A pomzi scheme, functions similar to a pyramid scheme, where a central authority lures investors with the incentive of profits, which are gained from earlier investors.

Bitcoin is an asset which is projected to appreciate in value over time with more adoption and popularity and based on price history, just like stocks of public companies and many other assets. Bitcoin also has utility besides buying and selling as it allows borderless P2P transactions between users
There is no central authority or promise of profit.

I definitely see how that could happen. Many holders are moved by sentiments, reason why we can see huge sell offs once the price turns down leading to more dips. This is of course becoming less of an influence with time and traders are not as moved by the action of certain individuals, but a country cutting ties with Bitcoin would be a big deal.

It could also show others who get in that the market can turn different ways and you should be prepared to handle dips.

That is up to you to decide. When it comes to investments, you have to do your own research, as you bear the risk involved.

Bitcoin now has lots of historical data which anyone can look through if you need previous last records.

Basically all Bitcoin holders who bought within the past 7 months have lost a huge portion on their investments.
Having an investment register red candles is not bad on its own, it only is, if you cannot hold through that period and would need to panic sell as you invested more than you can afford to lose.

If El Salvador's reserves can absorb the Bitcoin dip comfortably, then it's not much of an issue.

For some it's sponsored propaganda, for others it's a bid to align with the bias of governments, and others are just skeptical and are looking for ways to trend using catchy headlines about bitcoin's death.

Journalism in general has taken a huge drop in the last decade and there seems to be no bottom yet as it becomes more about who can get more attention by being the most dramatic.

Exactly this.
How people view the world these days has greatly become a result of what news outlets you listen to as each have their own side of the story, while the actual story takes the back seat.

At every point in the past, anyone who has held Bitcoin through market crisis has been right to hold, as the price has progressively appreciated despite inflation and global economic recession.

Media houses would still release such headlines to get traffic and stay in the times.
As a hodler, such reports or even the price fluctuations do not matter much. All that matters is buying and having a secure storage to hold in.

• Yes, price prediction can be built on realistic assessment. This of course does not mean the price would reflect the expectations of any model, but it's possible to build your model on sound technical and fundamental analysis.
The idea of having a model to mirror the price at every stage is impossible, but you can have something similar at different points.

• Who knows? The only certain future event in relation to Bitcoin is the halving, besides that no one can predict what would happen.

• Not really. Big institutions purchasing Bitcoin is a positive and can influence trader sentiment, but it's already so popular that no singular purchase should have a big impact on the price.

Good job in educating younger generations about the pros and cons of bitcoin. It's a step in the right direction as many individuals grow into adulthood without understanding money or how it works.

Teaching about Bitcoin invariably would open discussions about investments and financial awareness. This would build young minds to be able to handle financial decisions and begin the journey of being independent much earlier.

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My takeaway would be not to give close ended statements, like Bitcoin is the best investment, the students should be able to explore and study how investments work, read books and then make up their mind on that.

This seems to me like an automated process where a link could be flagged as suspicious if it's hyperlinked or part of an image, I do not think it's a case of mods making a judgement call on what constitutes phishing as that would go against the forun policy of not moderating scams.

This would definitely cause a lot of newer accounts to have unread PMs as many users here, would avoid messages with such warning from a profile they are not acquainted with.

Market cap as a metric is not really significant and should not be used as a case study when considering an asset. Think of it more like a way for altcoins to get more relevant as they can easily inflate their market cap by minting lots of tokens into the market to create the impression that they are high capped assets.

What do you mean by "the current price is too high for the current market cap"?

That's a pretty wide quite from your mum and is very apt in my opinion. Opportunities lie in almost every situation, and bad situations usually create more opportunities as there are more problems that one can solve.

The rich can always lobby for such loopholes to be created to give them a sort of leeway which would allow them safe some money and evade stringent regulations

With your seed phrase you have full ownership of your address and would always be able to access it regardless of what happens to a certain wallet software.

With that you can import into any wallet of your choice. Electrum which is suggested above is a good choice of a non custodian wallet.

Firstly, do not base your investment decision on the comments of "experts" or "well read" individuals. Do your own Research.
I agree that the crypto market is not going anywhere, but lots of cryptocurrencies would fizzle out during this period, this is an effect of market sentiments and scam projects getting exposed as they were just riding on hype.

No one can answer any of these questions with accuracy.
If you have done your fundamental research and believe Bitcoin is going to rebound then you buy or hodl.

Good luck on your application

Going through the first few pages of your profile; you majorly visit your local board and I have not come across your profile before.
But local merit sources are always welcome as they encourage discussions in the local section which is very vital for the forum as a whole.

You are also active in giving merits in your local board, which makes a good fit for the job. Hopefully Theymos considers adding new sources anytime soon as there are some pending applications. All in due time.

Wage gao between the top 5% or 10% and the rest has been growing for quite a long time now. The rich seems to always find a way to make more money while legally evading financial policies which were originally designed to take from the rich.
One of such policies is taxation; As a concept, taxes were initially implemented to leverage on the wealth ofthe rich, but the rich used loopholes to evade it.

I am not expectant of government policies actually making much of an impact on the wage gap, and especially not for a prolonged period of time.

Probably an error; you posted the imgur link twice; once with the img tag and the other without it.

I have also encountered people like this who come up with excuses not to buy, the excuses sometimes change and could be;
• It's too technical for me to understand
• It is too expensive, I would not get much for the amount I have (but they will watch their savings eroded by inflation,
• I wish the price would dip (when it's rising)
• The market is unstable (when it starts dipping)
• and so, and so.

Such people would likely never buy, or would end up buying some shitcoin which is sold at $0.0001 per token in the hope of getting into the "next Bitcoin" early

Here comes the time where we get the usual questions about whether the crypto market can recover and if Bitcoin is dead; I expect the Bitcoin Discussion board to get busy with posts and trolls.

Many people who say they are waiting for the price to go down before buying do not really plan on buying, it's just a reason they make up for why they do not want to buy,