it will all come down to how big or small the market is and how risky this strategy of them is going to be. for example an altcoin which has a much thinner order books is easier to manipulate this way than bitcoin because despite what you think majority of traders are not using bots to trade bitcoin. specially since the swings in this market are unpredictable and big enough that makes it hard and sometimes near impossible to use automation.

that is really nothing and it never bothered me to see people like that. we all have our regrets in life and we need to be compassionate to others who have the same regrets and make the same mistakes.

what grinds my gear real bad is those people who pretend to be dumb and then start technically attacking bitcoin. for example i saw a topic here the other day saying "bitcoin technology is obsolete" the the starter continues praising some shitcoin that is using the same exact technology as bitcoin and calls that "superior". i really don't get what these idiots think they an achieve by doing that. for example are they hoping someone would sell bitcoin and buy their shitcoin?! LOL

no it is the same old money game.

what happened was that it just came into bitcoin at first but as bitcoin market grew bigger and stronger things became harder and harder to manipulate and it took a lot of money and effort to do it also. and the profit gained from manipulation grew smaller so they created the altcoin market and then started the manipulation there.
now we have pump and dumps in altcoins that work every day and with a little money and small effort they gain a lot of profit from newbies who invest and hold shitcoins

LOL. you just drew 2 of the most random lines anybody could have drawn on this chart and then made a conclusion based on that! what the hell happened to analysis the topics on bitcointalk keep losing value every day.


thanks for letting us know, i was so worried what you are going to do with your bitcoins now my mind is at ease.

first rule of investment is to invest what you can afford to lose not  a large sum of money specially when you are not familiar with the market enough to answer the simplest question!


last year we saw one of the biggest altcoin pumps of all times. all that money went into their bubbles which is now popping. the more people deny the altcoin pumps the longer it will take for them to drop. hence  this prolonged dump...

bitcoin is not some pump and dump altcoin that can have "pumps".

soon we will reach the bottom and a point where dumping more and manipulation won't be effective anymore and that is the time when the rise will begin. but before that we first need the bottom and an accumulation phase.
and the "explosion" will come after that initial slow rise and the panic sellers who sell on bear traps.

step 1: drop everything except bitcoin
step 2: add valuable assets to your portfolio such as Gold, Stocks, and basically anything that is worth investing into for real.
now you have a "portfolio", before this you had a bag filled with junk and called it a "portfolio" by mistake. visit this topic for an example of how much you can lose when you make this mistake:
https://bitcointalk.org/index.php?topic=4474779.msg40179593#msg40179593

funny you should ask. since i just broke it down for another user here: https://bitcointalk.org/index.php?topic=4474779.msg40179593#msg40179593 who claims he has made 80% profit but i showed him how he lost 354% profit.

basically it is like i always tell people: bitcoin for long term without thinking twice about it. then altcoins only for short term and for trading. you constantly trade altcoins while they get pumped and dumped and add the profit either to your bitcoin or fiat or both.

LOL. congratulations you wasted your time and money.

if instead of wasting your time and energy one useless shitcoins you had simply bought bitcoin  you would have made 434% profit!

pricie on 23 May 2017 was $1223 and now it is $6534 which is a 434% rise.
in other words if you have invested your $45000 in bitcoin alone you could currently have $240,300. instead how much you have? $80000? LOL you missed $160,000 because you invested in shitcoins

in a sense you can say it is still profit but at what cost? missing out on $160k is not a small price to pay in my opinion.

here is the link to the website: https://www.cryptocompare.com/portfolio-public/?id=402932

ok that clarifies things. but now the problem is that among those 1000 you have no way of knowing who owns what. i may possess 100,000BTC but i spread them around. 10,000 on different exchanges to manipulate the market (so the exchange cold storages should show a higher price) 10000 in a business i run. the rest i spread among multiple addresses so that nobody knows any better.

or the opposite, i run a business (like Coinbase) and i handle hundreds of thousands of accounts with a lot of bitcoin. i put them in one cold storage address. am i a holder in that 1000 you mentioned?
how do you differentiate these two?

yes. it would have been easy if that were true
what happened is that we know Satoshi was mining bitcoin from day 1 and continued doing it for a long while. so some people started calculating like this:
(50BTC block reward * 144 block/day * X days) - (the coins that others were mining) = 1 million BTC
we don't know how long he mined, we don't know who else was mining and how much so the result is a guess at best.

i'm sorry i am not an expert and these things are a bit hard to explain
basically Usury is not just about any interest, so wikipedia saying "usury meant interest of any kind" is somewhat wrong. it is the unfair interest that is gained with excessive or abusive rates for instance. but the "taking interest" part on its own is not Haram nor illegal.
and as i said if it was "haram" then it wouldn't have existed in Islamic banks and on the stock market in Islamic countries.

isn't that contradictory? i mean if you feel that price is going down then shouldn't you be selling so that you have a chance to increase your bitcoin when you buy back after the drop?

as for "feeling" no i have no feeling whatsoever. i believe market is at its most unpredictable right now. we may see more drop or we may see a huge rise. i am not alone this uncertainty which is why the volume has dropped.

why would anyone in their right minds would want to trust a third party with their valuables while they can store it themselves?
and based on your post history anything you say, i take with a grain of salt!

this would have been true and could have even be an indicator if we were talking about some natural decline and natural bottoms. but nothing about this drop has been natural for at least 3 months now.

i just shared this screenshot of the market when you look at the hourly charts. when the drops aren't even happening naturally and are like this you can't really talk about double/triple bottoms, RSI, MACD,...

the point is spreading FUD. the question is whether OP is trying to do it or if he is a victim of some dumbass on the internet who is spreading a 3 year old FUD as a new one.
honestly China is so 2015-16 now. nobody cares about them anymore the day their volume bubble broke and everyone saw how fake everything was over there.

in the old system (centralization and banks) when i want to send you money i go to the bank and give them my money and ask them to send it to you and you go to them to receive the money that i sent you and we pay them a fee.

in the new system (decentralized and bitcoin) you and i are peers on a network of peers like us. when i want to send you money i directly send it to you without any mad in the middle through this network that is shared among all the peers called the bitcoin network and store the record of it on this public ledger called blockchain.

no, that is wrong. there is nothing haram about trading. there are trading markets such as gold and stocks market in Islamic countries.
lending money is a different story though. what you heard is about "Usury"[1] and that is lending under certain circumstances not just any lending money. for instance Islamic banks do lend money with interest. the "haram" part is about becoming a loan shark!

[1] https://en.wikipedia.org/wiki/Usury

supply is 17 million. 5/17= 0.29 not one third (just nitpicking though)
and i can't help but notice the numbers you quoted don't even amass to 2 million let alone 5.

i would love to see a list of these 1000 investors and the real evidence that the coins belong to each of them....

now i am confused. you said 5 million now you say 7.4? what am i missing here.

wrong. it is NOT known.
there are a lot of different guesses about it and each of them come up with a different number some small and some way bigger than this.

an estimate not facts. so it can not be accurate.

you started this by calling them "long term investors" how did these two end up being "investors"?

banks are much safer than Gold and Silver because of two very simple facts.
1. your money in the bank is insured and you won't lose it under any circumstances (banking systems may differ in different countries though) and a thief can not easily rob you but they can easily rob you if you hold gold or silver at home and they can get away with it because you can't find /track them.
2. fiat in bank has a fixed value and if the economy if your country is not shit the value of it is not fluctuating so if you hold $1 mil today it will be worth $1 mil in a year too. but if you hold $1 mil worth of Silver today it may be worth $7000 in a year!

you are correct, it is too late to sell but also we don't know whether price is going lower or not. nowadays drops are not happening naturally anymore. there is a lot of things going on, a lot of dumps and a lot of manipulation while the investors are staying out with their money and waiting for things to settle down before they start reinvesting.
this is one of those times that no matter what you do, in the end you will be burned.