these fake statistics have always been true and in 100% of cases they are always wrong.

if you think about this logically you can simply figure out why it is wrong.
about 80-90% of the people around the world don't know what bitcoin is or have only heard it in passing and have no more information about it.
even if we say these surveys were given to those knowing what bitcoin is, we can simply see that majority of the people who know what bitcoin is and have invested in it, still are not familiar with bitcoin and its market. you can see how many get confused as soon as there is a dip or a rise and start panicking.

the thing about scaling is that SegWit this increase the capacity it is just that not that many are using SegWit transactions so the effects were not palpable. if you check the block sizes we already had bigger than 1 MB blocks. i think the record was 1.7 MB so far.

the way i see it, LN is not supposed to be considered a scaling solution, at least not directly. it should be more of an indirect solution for scaling. LN removes the load of the transactions on chain so there are less "traffic". for example if you want to make deposits in your exchange account, your gambling account,... over and over, you choose LN and go off chain. that way a lot of transactions will get out and reduce the pressure on network.

with that said bitcoin does not need scaling right away. if bitcoin continued like normal without BCH difficulty manipulation and all the spam attacks against bitcoin, then fees would have never risen and mempool transactions would have never exceeded 10K, specially with SegWit now active. and it would have remain like this as SegWit is used more.

it wasn't just those 6 people saying no. it was all the NO2X crap that has been going on. SegWit2x would have led to a split or at least death of core and a crash of price nonetheless. even if temporarily.

LN does not "need" SegWit!

better say, HODL bitcoin, buy BCH, enjoy the pump, dump it before it is too late, buy bitcoin, HODL, enjoy the rally and come back of money+profit to bitcoin.

as soon as bitcoin gold is released and people become able to make transactions, they will start claiming their free BTG tokens and then move on to selling these free tokens to get bitcoin and fiat amounts out. there is a good chance that BTG will drop. that is normal thing that happens to all the coins with "giveaways".

and also there is a good chance that BCH pump becomes harder since some part of this free money can go into BCH by those who feel left out (the FOMO buyers).

with bitcoin price dropping and BCH hard pumping i can see it having a huge pump. we are in for at least a month of bitcoin drop and BCH pump until things go back to normal and everyone dumps the altcoins and come back to bitcoin again.

price is nearly $6000 and you have already doubled your money, that is 100% profit in a couple of months. how did you lose $2000!!!


it is impossible to call the bottom. so far it seems to not be able to stop. and the bigger it gets the more people will panic and start selling their bitcoin and crash the market more until the weak hands are completely flushed out of the market.
and with the current bitcoin cash ongoing pump, it is attracting a lot of money to itself and those who sell bitcoin go in bitcoin cash until the pump is over then they will come back to bitcoin with all their profit and bitcoin will rise.

it will probably take a while though. they can not pump BCH forever, it will eventually start blowing up.

technically speaking there are  altcoins that you can pump with much less than that. even 0.1BTC would suffice for many of them and with 1BTC it is an easy pump. but the problem is not about just having the money at your disposal it is about capability of pumping or not.

it is not just about buying something so that its price goes up, it is about keeping it up there or better yet, push it up there without buying everything yourself.
that is what the pump groups do. they have a small amount of bitcoin, they buy some shitcoin without telling anyone and then when they are done they tell everyone of their sheeps to buy that shitcoin. and then they dump.

there is also the fact that you are not going to be alone in this market. there are others with 10BTC at their disposal. there are also others will millions of that shitcoin at their disposal who will dump as soon as they see a rise/opportunity.

you are just overly excited because it has the name "bitcoin" in it and also mostly because it is getting pumped. you see the big green number saying price has risen in the past few days and you think everything is fine because of it!

but if you wait a couple of weeks you can get your answer loud and clear. when the dumps begin shortly and then intensify in a couple of weeks, that is when price of BCH crashes and miners will abandon it. they have the EDA to protect the chain and if they remove it, the chain is screwed. the only reason why miners switch is this EDA that changes difficulty so they can mine a thousand blocks in one day!

it is too to see other are also following this strategy and figuring out the market. and yeah it is a good idea to pick up multiple coins. there are always multiple coins that perform good at the same time (aka getting pumped) anyways which means you can take part in multiple one of them although this strategy requires you to have a little more money to be able to diversify (you can't do it with small amounts) and also it requires a lot more attention to the market and lots of analysis at the same time, which may be tiring and time consuming. so it may not be suitable for everyone.
and it doesn't matter if 1 of them goes down. there is always stop loss which you have to think about ahead of time to prevent that and your other investments will cover this small loss with their profit anyways.

you sign a message (usually the address you want to receive your tokens in) with your bitcoin private keys to prove ownership of those keys in a fraud proof way.

for example Byteball airdrops gives you Byteball based on how much bitcoin you own. you have an address containing 1BTC and use the keys for that to sign your Byteball address just like you are signing a message. and give it to the airdrop bot inside your Byteball wallet and it verifies that you are the owner of that bitcoin address and when the time comes if you still have the balance you will receive the promised amount of GBYTE.

because they are not standalone projects that were created to do something meaningful. instead they are mostly projects created for the sole purpose of getting pump and dumped so that people can make more bitcoin out of them or generally more money.
everyone in here is in it for more bitcoin and eventually more money. not to get more altcoins that is why they dump their altcoins to get back in bitcoin trading and make the most profit out of its movements.

that is also one of the reasons why people compare altcoin market with Penny Stocks market.

it is always a good time to invest in altcoins but each time only a couple of altcoins are good for investment not all of them all the time. for example Vertcoin was a good investment for last week but it has reached its end of the line. before that it was some other altcoin and another before that. now it is the time of bitcoin cash to get pumped and soon that will also end and another altcoin will start getting pumped instead of it.

you always have to find these pumping coins. or the coins that are getting hyped for any reason which can potentially lead to a pump, then buy while they are low and when everyone started talking about them you dump and exit to the next.

it is most popular because they advertise it nonstop. and with the manipulation of market cap ETH stays on number 2 rank.
but it is not at all most convenient way for developers specially because of the programming language it uses. and all the bugs that it has. and each time millions of dollars worth of tokens are lost because of these bugs.

it was because of the huge ETH supply and the fact that ETH has no cap.
they are trying to mitigate the supply part of the supply and demand rule so that maybe they can keep the price up by reducing the sell pressure.

because it is the most hyped platform and because of that there are services like myetherwallet for example that made it easy for people to have an ethereum web wallet despite having a real desktop wallet being near impossible because of the bloated blockchain. and that makes it easier for anyone to join these ICOs.

there are lots of them!
- Waves,
- LSK,
- NEO,
- ARK,
- Ardor,
- Bitshares,
- Counterparty (XCP),
- Ethereum Classic (ETC),
- Expanse (EXP),
- NEM,
- NXT (NXT),
- Stratis (STRAT),
- Tezos

and finally Rootstock (RSK) which works on top of bitcoin

they recently released their new speculation about bitcoin (before this article probably) which was predicting the price to reach $8000 ATH pretty soon so no i don't think he is predicting any kind of crash in the foreseeable future.

and the thing about bubbles is that you can not predict them and you can never call something a bubble until it bursts and price actually goes down. and until that day the price is not a bubble and you can't talk about intrinsic value of bitcoin being lower than the current price (hence defining a bubble) while there are 100,000 new members signing up on exchanges every other day to buy more bitcoin!

i seriously doubt this unknown group control anything more than 5% hashing power to mine bitcoin. and if they try to fork bitcoin (SegWit2x) with that much hashing power (even with 30%) they are doomed to fail because first of all nobody supports SegWit2x anymore at this point so their fork will be an orphaned fork that nobody even wants and probably won't even be listed on any exchanges. it doesn't even have the necessary replay protection.
secondly because of the high difficulty of bitcoin with 5% (or even the fake 30% claim) they won't be able to find enough blocks to create a proper fork.
and not to mention the price of B2X which means they will be throwing away money if they try it at this point.

that "certain amount" is 16,000 blocks or exactly 200,000 bitcoin gold tokens which is the planned premine amount. and that is the biggest downside to this fork.
this fork could have been an interesting one if they didn't have such a huge premine (which automatically makes it a shitcoin) and also if they started from block 0 instead of building on top of 160 GB blockchain of bitcoin.

everything is getting interesting again.

regarding SegWit2x:
we no longer have the risk of a community split and a new coin and that means investors can now come in and invest their money with their minds at ease. and also nobody can say the rise is because people want free coins anymore. and with the fights being nearly over we can focus on more important stuff such as more adoption.
there is also bitcoin cash which will be affected by this, and there will probably be a huge pump in it as promised before. and that is one thing that i will be watching.

regarding Ethereum:
another hack and it seems like people do not care about all these bugs since they are not holding any ETH in any wallet except their exchange accounts. at least majority are doing it. and it is interesting to see all the whale fake-walls that are being placed to prevent the crash

only bitcoin really! that is the only thing that has gone up in long term.

all the rest (meaning altcoins) have only had short lived rises and i can say i have caught almost all of these pumps  either in early stages or mid way to the top and i have already dumped them around their top of the bubble and got my bitcoins out. i am somehow fixing my regrets of not investing in bitcoin in 2009 by making profit on bitcoin using altcoin pumps and never holding them for long.

actually i have to disagree with the previous couple of comments and say there is a good chance that price starts rising now. we can even expect a much bigger size out of bitcoin if the SegWit2x cancellation is for real and all miners do drop it eventually.

the reason is mainly because this fork was the main reason for many to stay away from investing in bitcoin. forks are always scary, people prefer not to invest in something that is unclear and has a potential to go either way. specially since this was a hard fork.
now all those people have no excuse and nothing to worry about, they can potentially come in now and start investing. that means a big rise.

Nope, US lost its chance and now you guys are years behind the game. there may be lots of different services over there (such as Coinbase, Bitpay and all these ATM machines) but countries such as Japan have already adopted bitcoin for real and as a currency not like US as a commodity and that makes a lot of difference.

your IRS will never let the same thing happen. they want to take more money instead. countries like Japan have already removed taxes on bitcoin payments too which is another big step forward which US will never catch up to.

and by the way adopting bitcoin will have no effect on USD value in my opinion.

all these altcoins and ICOs,... are getting dumped hard (bleeding) only because they are shit and have no usage. it has nothing to do with hardfork or anything else. for years they have been getting pumped and dumped and their dumps have always been like what you are seeing these days. and all these years there were no bitcoin fork!!!


you sound pretty new to bitcoin. so let me tell you that a 6.3% change is something that has always been common for bitcoin and it is not even worth talking about. when something like a 30% drop happens in an hour then we talk about it. anything below 10% is not even change. we call it normal fluctuation.

again, alts bleed because they are pump and dumps and they were all in bubbles which burst eventually!

alts had some dead cat bounces but none of them "recovered" or "peaked" that much unless they were getting pumped for the first time after months.

even if what you say is true and all the altcoins are "bleeding" because of bitcoin fork you have to worry about something that can not even exist on its own and is greatly affected by bitcoin!