using it in charity and reducing poverty in the word are two different things. the later is impossible with blockchain technology and there is nothing it can do about it. but the former (using in charity) is in fact one of the best ways t hat you can use a decentralized public ledger such as bitcoin.

as an example of this you can check out BitGive[1] which is a "an American nonprofit organization that solicits bitcoin donations for use in charitable causes." it basically uses bitcoin and the fact that the transactions are there for the whole world to see to be transparent about the money that it has received and where that money is being spent. this organization has been working for about 5 years now.

apart from the transparency there is also the fact that it is easy and global to receive donations as a charity when you are using bitcoin. and it is cheapest way of donating money not to mention you can donate any amount that you can, even as small as a couple of cents something that is not possible through banks.

[1] https://www.bitgivefoundation.org/

i personally don't have any investment in any altcoin to want to sell it now and have bitcoin. i only have my investment in bitcoin because that is the only thing that i understand and i also trust. any altcoin out there that i check out and analyze technically disappoints me greatly which means i don't have any faith in their long term survival and good futures. so i don't invest in any of them. what i do is short term trading altcoins to increase my bitcoin holdings.

don't look at the numbers, look at the percentages!

when price is $7100 and it goes up $250 (according to you) that means a (250/7100)*100 = 3.52%
in other words you are getting overly excited for the tiniest rise possible! which in bitcoin world is considered normal daily fluctuations. in fact anything below 10% is like that.

the current logo that you commonly see as bitcoin logo is not designed by Satoshi, the idea is from his original design and idea but it has changed. if you think it is bad then feel free to give a suggestion or if you can design one, if it is good enough then we will use that as the logo.


edit: the original design was not even a single "B" it was a "BC" according to this picture:
(you can see the logo on top left corner)

the only thing that i find interesting about this is the fact that it proves once again that there has been many people other than Satoshi that have been mining bitcoin back in year 1. and it is proof that the estimation of 1 million  coins mined by Satoshi is an overkill.


nice joke

there have been lots of people who bought bitcoin around that mark. in fact about a couple of billion dollars worth of bitcoin was traded during that time according to the volume history.
i have also bought around that price not exactly at the top but around it, but what i do is that i have cash and i dump it for bitcoin every now and then. this money that is invested i don't care about and don't mind what happens to it even if i buy at the peak i will still hold it. but also i have some funds that i have in the market (on exchange) that i trade with. what i did here is that i bought near the top in the dip and sold after the recovery and stayed out for a while until price went down lower and market became more predictable then got back in and again until today that i am again out with my money+profit waiting for the market to become more predictable so that i can resume trading.

altcoins ARE dropping no matter if you think they are "best" or worst. they are all getting dumped. which means investing in any of them is equally bad idea and you will lose money.
don't get me started on how bad an investment ETH is no matter what.
at the end of the day it is your money and you should make the best decision for it on your own an then accept any results that your decisions give you.

but also a "pool" is not a "farm" it doesn't have any ASICs it is just a server that the miners with their ASICs connect to. if a pool is corrupted the ASICs will connect to another one and hashrate of that that pool drops.

hold on a minute there mate.
company? what company? are you talking about ICOs or cryptocurrencies? they are two different things. an ICO has a company (granted it is usually a kid in his parents basement calling himself in his underwear a "company"). a cryptocurrency does NOT have a  company. a cryptocurrency (that is not a centralized shitcoin) is a decentralized open source project that everyone can use and contribute to and change the code of.

you are wrong again...
number of investors is shown based on volume not market cap. the bitcoin volume has been increasing more and more every day.
what you are looking at is the market cap which is a fake number. for example if i create a new shitcoin (which will take me only 1 hour to do so if i wanted to) and release 100 billion coins (which is the norm these days) and then list it on a shitty exchange and can pump it to at least $1 then bitcoin's dominance in your eyes falls another percentage. but did the "dominance" drop or were you fooled into believing it did?

first thing you need to know is that price is determined based on how many are buying (demand) and how many are selling. it doesn't matter if you sell 1000 satoshi or 1000 bitcoin, what matters is that how many others are buying how much. if there is not that many buying your 1000 satoshi price will fall and if there is more than enough people to buy your 1000 bitcoin price won't fall.

in other words the following statement is right and wrong at the same time!

it is right because 1000BTC isn't really that much compared to the total volume and it will be absorbed by the market pretty easily.

but it is wrong because you can't compare selling of a batch of bitcoin in one go with the total volume. for that you have to compare it with the orderbook and the size of orders on that. for example current price is $7266 on bitstamp and according to bitcoinwisdom if you sell 1000BTC there price will fall down to $6900 which is about 5% drop and it may even cause a chain reaction that drops the price even lower. which is why we say it is still somewhat easy to manipulate bitcoin price as a whale.

market capitalization is even more wrong than using the total volume because it is completely meaningless. bitcoin market cap could be $1 and the orderbook could be packed with orders in a way that selling even 10000BTC couldn't move it and also the market cap can be $1 million billion and selling 1BTC could drop the price if the orderbook is still thin.

that is not the best chart that you can find on the internet. the chart with all the features available on https://bitcoinwisdom.com/ is the best thing. but i am guessing the link you keep posting belongs to your own website and you want the traffic. but if i am wrong then you should take a look at that link and also tradingview.com which has a lot more features.

when you look at things in this perspective you can see that bitcoin can always implement the "block size increase" solution anytime we wanted in the future and have that side of bitcoin cash. but bitcoin cash can never implement SegWit and Lightning Network because if it does then they will be negating the first and only reason they forked off which was because they said 1) no changes like SegWit 2) scaling should only be done on-chain. if you break your only reason for existence then you should not even exist.

in short if BCH implements SegWit and LN even if they call it something else and mask it in different ways, BCH price will drop down hard because the little number of believes they have will dump it and go away.

if with your broken English by "natural" you mean altcoins have reached bottom then no. most of them are still in their bubbles and need to go a lot lower before they can be considered "natural" again. that is why the dumps have not slowed down yet and every day we see a new set of dumps begin.

this drop may have been the result of the news about US launching an investigation into manipulation in cryptocurrency markets. and because people knew that there is lots of manipulation around they panicked an started selling and caused the latest drops. and whenever that happens to bitcoin the others follow it harder like it is a race

however, i wouldn't still call this "apocalypse"!

as i said during the transaction fee ATH, it was a spam attack against bitcoin. now that it has stopped we are seeing fees go back to normal levels and the chaos has vanished. it had nothing to do with scaling. not saying that SegWit isn't good or second layer is bad. just saying don't confuse things with each other.
we don't know who was behind it and how many different groups, but we saw that everyone benefited from this spam attacks!!!

- miners earned a shitload of money for delaying the adoption of scaling solutions.
- Roger Ver and Bitmain got their wish and earned a shitload of money by creating their centralized altcoin called bitcoin-cash by doubling what they had and also Bitmain by selling a lot of mining equipment! not to mention by abusing difficulty and switching back and forth between BTC and BCH
- altcoins got their wish and started receiving some attention because bitcoin users were mad at the situation and were looking for alternatives, they got disappointed but still the pumps in altcoins were amazing.
- core developers got their wish and activated Segregated Witness which they were pushing for some time and couldn't get the support past ~25%

why not just buy bitcoin with the money that you already have and are wasting? it is an accumulation. you start by investing small amounts in bitcoin and each week or month you buy a portion of bitcoin. for example buy $50 worth of it per month. if you started doing that last year now you would have had 0.32517BTC.

i took the liberty of creating this table, you can copy paste it into excell and change the variables:
price at day 1 of each month > amount of BTC bought with $50
966      0.051759834
986      0.050709939
1191      0.041981528   
1071      0.046685341      
1348      0.037091988      
2298      0.02175805      
2465      0.020283976      
2616      0.01911315      
4671      0.010704346      
4216      0.011859583      
6340      0.007886435      
9370      0.005336179   

total is 0.32517BTC, current value: $2373, invested: $600 over 1 year slowly.
($50 is about the cost of 2 pizzas per month)

with $100 per month: 0.65034BTC = $4747 and invested $1200.

this is not mentioning all the opportunities that you could buy the dips instead of buying at first day of each month and ignoring the fact that you could also trade a little and make more profit.

the first rule of any investment (not just bitcoin) is to invest what you can afford to lose. a loan is not the money you can afford to lose so in other words you should never do something like that. start small, invest what you have in your pocket and spend on pizza!!!

and no respectable financial firm is going to give you a loan to invest in cryptocurrencies that are a highly volatile because your investment is consider a high risk one and if you are lucky you may get a huge rate for return which is not even going to be profitable for you. unless you take the loan for something else and then invest it in bitcoin which is still not wise.

price will recover, that much is obvious and nobody with half a brain can deny that because bitcoin is still the most powerful cryptocurrency and the only decentralized currency that exists and actually is used not to mention top security of it.

all that remains to discuss is when do you think it will recover?
my speculation is that we will see a new ATH in 2019 in worst case scenario. but if something positive happens we can start seeing the recovery start in summer and have an ATH by then or in Autumn.

- panic
- FUD
- more panic
- price drops
- internet breaks (for the second time KK)
- drama lasts a while and eventually disappears.
- price recovers and starts rising
- everyone forgets that drama happened and moves on with their lives as bitcoin goes back to rising like always
- another drama begins and the same thing happens again

bitcoin is already legal in majority of countries around the world and the handful of them that have actually banned bitcoin like Bangladesh and 2 others will not change their stance for at least another 10 years.

but i do believe that bitcoin will be regulated in all these countries eventually too (it is different from being legal). it is because they can not prevent the adoption so it is always better to regulate it rather than fight it.