i came here to post this same link but i honestly can not see what the relationship between "Getting an auditor from NY" and people relaxing their buying frenzy on bitfinex!

p.s the gap is about $10 now!

yeah, Litecoin stayed at a fixed (stable) price around $4 for a very long time. i am not denying the problems this coin have but staying at a fixed price is not a small thing.

decades means 10 years
and no it had a pretty decent trading volume in all these years.

well, it is the altcoin pumping season so they are pumping everything. at least litecoin has a legit reason for rising up.

$10K is not gonna happen that easily.
when SegWit activates there will be a rally for sure mostly because all this nonsense FUD about it will stop. and BU FUD will disappear too.
but we still need adoption to go to a crazy high price of $10k. SegWit won't magically create $10,000 demand.

Hard Fork can happen at any time, even with a much smaller support. but i seriously doubt any of the miners (who have invested a lot of money and have their investment at risk) are going to fork without a high percentage support. at least 90% or like 85% worse case! the risks are too high and there is a lot of money at stake!

and it is 95% for SegWit.


well they just copied code from Bitcoin SegWit, and that is what they have always been doing
and yes, as far as i can see it is doing the same thing on Litecoin as it is supposed to do on Bitcoin.

for litecoin it is not exactly a hype and it is not a fixer-of-all-problems-making-litecoin-replace-bitcoin kind of deal.
it is still a very good improvement on an old and good altcoin called Litecoin. and litecoin is being used by many people, even as a currency, but all of it is in a very small scale (bigger than most altcoins but very much smaller than bitcoin).
so it is not just a "show of concept". but yeah we can see how SegWit and eventually lightning network are going to work on a real cryptocurrency and in real action.

i can not say i particularly agree with you.

bubbles are actually destructive of the pubic image of that thing entering a bubble. not because of its price rise but because of what happens next.
people are all happy and skipping around while price is rising and a lot of them buy into those bubbles (like what we see each time an altcoin is pumped) then what comes next is them losing a lot of money and because of how bubble bursts are (price drop with dead cat bounce) they don't sell at first.

and what remains in their memory is the downtrend and them losing a lot of money not their own mistakes of buying into the bubble and not selling the first moment they saw bubble bursting.

i know a lot of guys who bought bitcoin at $1000+ back in 2013 and lost money because they had no idea what they were doing in first place. and now they hate bitcoin.

here it the thing you need to have in mind:
- if you are trading bitcoin then yeah now is kind of a good time to start thinking about when to sell so that you can take the profit and buy back after the dip. but for that you need to first predict the dip and predict the high price to sell at not just sell and hope for the best!

- if you are not a trader and have invested in bitcoin for the long haul. then asking about selling is silly, you should always buy more each time you have money that you don't need.

- and if you are using bitcoin as a currency then all of these are moot. just enjoy the decentralized payment system and the privacy and security it offers you!


why? do you really think bitcoin is only worth $2000?!

this is bitcoin we are talking about, it is decentralized and nobody owns it to want to advertise it on TV, and you know that it takes money to advertise on TV.

if it was a centralized altcoin like ethereum which has whales and banksters who have a lot of money then yeah you would have seen them paying top dollar to get top advertisement everywhere. from social media to TV and billboards.

compared to other similar times (meaning when there is a big spam attack going on and mempool is as big as 70 MB) then no fees in bitcoin have not gone up it is still around 200-220 satoshi per byte but fees in USD have gone up because the same 200 satoshi is worth 50% more now!

but compared to other times when there is no spam attack and mempool is a normal ~2 MB and fees are 50-100 satoshi per byte then yes fees in both bitcoin and USD have gone up.

well technically you can see it on the orderbook, for example on a certain price there is X amount of bitcoin being sold or bought, or on the depth chart.

some exchanges are also giving the "orders" in their API call, for example the API call returns a list of all orders at some price.
something like this:
{
  "price":1500,
   "orders":
               [ 
                 "size" : 0.001 ,
                 "size" : 100,
                 "size" : 123.21335,
                 ...
               ]
  "price":1501,
   "orders":
               [...]
}

here is the story:
"...some day the news about bitcoin ETF comes out and people start talking about it. bitcoin price goes up, altcoins drop hard everyone is surprised. 'why is it going up, ETF has nothing to do with bitcoin price rising, it is bullshit'. then the rise became faster and bigger.... pumpers are thinking 'oh man a new method to hype things up'..."

"... some time later there is another news about bitcoin ETF, bitcoin price starts going up. altcoin pumpers are scared. some random news sites are paid so they publish this 'etherum, this awesome altcoin which is better than bitcoin is planning on its own ETF that SEC will surely approve' then they pump it. everyone is happy..."

"...in the end SEC rejects bitcoin ETF, bitcoin price drops. altcoins are annihilated. some other news sites are paid so they publish 'we don't need ETF for ethereum, we are decentralized' bitcoin and ETF are both shit so we don't need them..."

and they lived happily ever after.
The END.

i doubt if this is a 100% correct thing to say. bitcoin didn't recover from $900 but instead $900 was a temporary discount kind of deal that others provided us with. they sold their coins to us $200-$300 below market value. and then we started from $1200 in a new bullrun.

without even thinking about anything else, this bullrun will stop. you don't even have to be an expert to know this. price can not go up forever. it will stop at some point, then there will be some correction, possibly some stable price and then another phase of rising.

the same thing has been happening in all the growing markets (stocks of a company for example). they go up then there is a correction (although there is no way someone could have logically predicted a dip to $800 from $1200) and then rise again.
you can see this from $0.10 up to today's $1500. it is all the same.

i don't see anyone asking this, everyone is just posting memes

why are you telling us?!
although i can guess from your post history!

and what the hell does this even mean?!!

not it won't be good for neither bitcoin nor blockchain technology because you really can't expect anything other than scam out of someone who is a fraudster. it will only be good for his pockets to be filled with the money he will most probably scam.

and this topic has already been posted here yesterday: https://bitcointalk.org/index.php?topic=1899016.0;all

if my memory helps Ethereum ICO was 60,000,000 coin and someone once did some calculations based on the money Vitalik and Ethereum foundation earned from their initial dump during the first pump (gathering all the statements they made like the percentage they sold and the money they got in return,... and comparing with the price,...) and came up with a 70 Million+ coins total in their possession as of last year!

very good news, but your comment does not contain sufficient information. you are just making claims. for example i would love to see some links to these exchanges or some stats about them like how much volume they have been having in the past few months that you say the have been working

also starting a new exchange service doesn't mean anything. it just shows some people were looking for making more money so they started a new service. the important part is how much they are being used while there are already a couple of big Japanese exchanges available.

it bitcoin market it won't be the same size though.
and that is not called drop, the correct term is correction. when price goes up everyone starts selling at some point to get the profits out, mostly as short term investment and then price comes down but it won't be down to where it started from.

since this topic is posted in an speculation board then i am going to give an speculative (price-related) answer.

at this point, it doesn't mater how much coins are lost as far as price is concerned. there are more coins than there is demand and new coins (12.5BTC) are being created every 10 minutes on average.

as for marketcap goes, again it doesn't matter if it is 20 billion dollar or 20 trillion dollar or whatever. that number has no effect on bitcoin apart from getting it in the news as it grows and also being used as a comparison when altcoin pumpers what to force fed everyone their altcoin is good because it has x% of the total bitcoin market cap.

and finally you can never say anything more than a "guess" about all those coins you mentioned. it may very well be someone who doesn't need fiat at the moment so why should he sell coins from 2009 when selling 1BTC means losing $100000 in a couple of years?

your options are these:
- google for buying bitcoin in Turkmenistan specially using your language not English. that helps with finding local sellers on local forums,...
- visit localbitcoins.com with your own IP and it will suggest sellers around you.
- visit local boards of this forum to find other people from your country and see if you can find someone around you that is willing to sell that much to you and get a bank transfer or p2p cash transfer meeting face to face: https://bitcointalk.org/index.php#5
- make a topic in currency exchange board: https://bitcointalk.org/index.php?board=53.0
- exchange your local currency into another currency like USD and use one of the many bitcoin exchanges to buy bitcoin. if you had trouble using the top exchanges you can always find people willing to change your fiat to online money like Perfect money and use that on btc-e to buy bitcoin.

be very careful of scammers

it is not even going to last half a year let alone 5 years!
rallies like this happen at least once every year and each year they get bigger because the pumpers have gotten a lot richer than the last time and market is filled with more newbies to give them even more money.

this month we will surely see this rally slow down (and it has already started with all the low volumes) and then it gets reverse soon.
and also with bitcoin price rising, it is going to be like the last nail on the coffin of all these pumped altcoins when traders leave this market and let all the bubbles pop for a couple of months then come back.

this is no surprise that BitStamp is once again lagging behind either. i have a felling that ever since BitFinex started rising up because of their situation, BitStamp also started going down on the opposite side and it usually has a lower price than all the rest. it maybe because of whales there don't want the price to rise for time-being and are fighting the whole market and failing(?)

it is worth mentioning that the difference between GDAX and Kraken is $39 so it seems like market is balancing out.
and GDAX has nearly half the volume now!!!

i believe there is a floor for value (amount of bitcoin) to transfer, also known as Dust.
this amount was about 5600 satoshi from my memory (or according to the below link from a 2015 answer 546 satoshi) but changed a couple of times, i am not sure how it is right now:
https://bitcoin.stackexchange.com/questions/10986/what-is-meant-by-bitcoin-dust