bitcoin decline happening like this (a slow drop over weeks) and at this size (60%) is surely fishy. as i said this before recently we are in a reverse bubble! it has to have a name when price drops huge like this but people only focus on the "bubble" when it is only a rising price.

and none of it has anything to do with USDT or tether. that coins has always been fishy.

if they sell i assure you that you and i will never know, the same way we never knew when they bought bitcoin. we found out years after they did it...

that is the way "smart money" works.
when you think they are buying, in fact they are selling. and when you think they are not selling or not doing anything they are silently accumulating.

the problem with this type of drop is that buy support will disappear when it breaks multiple times. if price reaches $8k it may not hold anymore unless those who were pushing the price down start buying it themselves!
most people won't buy bitcoin anymore and wait until the bottom is perfectly clear before jumping back in. nobody wants losing money when it comes to trading.

2013-2015 was a very different time for bitcoin.

we had Mt Gox which was somewhat the only exchange available out there for trading (it had more than 85-90% of the total volume) and it not only fake pumped bitcoin but also scammed people and ran away.

it was mainly the recovery from that scam and the market losing its main exchange!

there was also nowhere near the same adoption of bitcoin back then. people barely even knew about it let alone want to invest in it. bitcoin was still a mystery that might or might not have been banned. but now countries are adopting bitcoin for real like Japan, we have mainstream adoption and Wall Street is even publicly involved now! there are Futures, ETFs, ...

literary nothing is similar to that period


i would be very disappointed in bitcoin and all the investors in it to be honest. if we see something like that happening again, i will be convinced that nobody cares about bitcoin as a technology, or a currency,... all everyone ever cared about was the money.
it proves that the motivation to buy bitcoin was to get rich and now they are "shorting out" with the first sign of drop.

you misunderstood the news!
Facebook will no longer allow you to place any advertisements which involves ICOs and other cryptocurrencies.
you can still post things about bitcoin, etc on your profile or facebook page.

hopefully. then Google ads and all the rest of the major ones. we can finally get rid of all of them and with it all the FUD that comes with them.

No, there won't be any pumps because bitcoin is not a shitcoin that can get pump and dumped by the owners. there are not owners here. there are only whales and dumb dumbs in bitcoin.

the whales do a little dump them the dumb dumbs start giving them free money to make them bigger

the only thing shocking was the fact that price went below $10k despite the very big buy support that existed there and still exists.
the fact that it is going down now is not shocking anymore, a major support was broken successfully after a lot of effort

just because it went down it doesn't mean it will continue going down.
it may go lower but for different reasons.

very true but this is not longer a correction

the same way when suddenly grows 2x we call it bubble, right now it is some sort of "reverse bubble" where price has dropped nearly 60%

good points in the OP but there are a couple of things missing.
first thing is the volatility and that always leads to more investors instead of more users (spenders). because when you see what you bought can be worth a lot more in a month, you automatically will start preferring to hold instead of spend. so we kind of need a lot more adoption so that more stability is achieved so we can have less investors and more spenders.

second thing is the fees. for the past 2 months the bitcoin transaction fees were high and that throws people off of wanting to spend. at some point only investors will remain if the fees go back up (right now it is back down to lower level but not quite there yet). and also eventually investors will go away if the fees remain high and there is no spender left.

and finally since OP is saying crypto not bitcoin only, i have to add most altcoins are junk and you can't expect anyone to even think about spending junk! there are lots of bugs, lots of issues and a lot of headache for most of them to be adopted.

saying HODL or DUMP or ... is not really a good suggestion.

a better suggestion which can be with the title of HODL, is to warn newcomers to not make irrational decisions based on emotions and the lies they read on the internet.

and most important of all never sell at the bottom which seems to me like the biggest problem that most newcomers face which we then call "panic sell". they always act too late and that means losing a lot of money.

it is already old news, i think it was weeks ago when he said he was wrong or something. and it is a funny thing how he keeps insisting he doesn't give a shit about bitcoin and yet he keeps talking about it

of course this time i believe it was mostly advertising blockchain technology rather than bitcoin and i have a feeling that we may soon see JP Morgan release an altcoin...

it is also the usage of bitcoin that makes it more valuable. Satoshi created a decentralized payment system for anyone to use without any problems or restrictions. and as bitcoin gets closer to being a real currency instead of just being for speculation, the price of it grows and that makes it more valuable.

that is why i am very excited about Lightning Network because it helps with the currency aspect of bitcoin with fast transactions and low fees. hopefully we can get cheap on chain transactions back so that LN can work better.

two things:
1. it was pure 100% good old FUD!
Korea Minister of Finance even announced recently that they have no intention of banning cryptocurrencies!

2. they can always put manufacturing in another country. they don't have to do it within Korea!

practically any coin that has a large volume on that day can be used as a coin to trade in short term. it doesn't have to have a lot of volume every day of the year!
it can basically be some small altcoin which gets pumped in that particular day you want to day trade it. because what you need is volatility in short term and the bigger the better.

most people are saying the names of the big coins like ETH, but they are already pumped and big. the liquidity is high but most of the times there are not much movement and certainly not always. so it is best to not limit yourself to only one coin when it comes to trading.

i don't know what you mean by "bitcoin account" but if you mean sending from one address to the same address or a transaction like this one:
https://blockchain.info/tx/2df5e2caf81010a73e5ab0c8395cfe71ec2ce2746e15af4eb2bdede69119df3c?show_adv=true

then as you can see it is possible. it is a perfectly valid transaction and bitcoin doesn't care who the recipient is and where the coins are coming from. as long as it is a valid transaction with a valid signature spending valid transaction outputs.
and as for confirmation, currently as long as you pay the appropriate fee it will be confirmed.

i just wanted to add that the root of all of these mistakes comes from people not knowing what they are doing. i have seen a lot of people, mostly new to cryptocurrency market who call what they are doing "trading" but in fact they are gambling.
every single one of their actions are based on pure guesswork and random choices. you can even call it a "gut feeling" and most of the times the feeling comes from the things they read online from pumpers.

it can happen eventually but first people have to want to spend bitcoin first before big companies like Apple see enough demand for it to start accepting bitcoin as payment.
there has been other big companies doing it though such as Microsoft. so i don't think it is completely a matter of "close/open" and wanting to lock things down.

what bad news?

Chinese, Korean and a couple of other countries closing exchanges which were mainly used to launder money? them also banning ICOs which are known way of scamming people?

US subpoena the big shady thing known as Tether is a bad news?

and the latest, Facebook banning ICO advertisement on their shitty platform is bad news?

i don't see anything bad here. a bad news would be "bitcoin got centralized", "people stopped running full nodes", "a bug was found",... and none of these are happening! not what a government says about the decentralized bitcoin to pretend they still matter...


yes price is 4 digits

it is not active again, it is super ultra active!
i remember the first day i read about this account becoming active and advertising bitcoin cash, (which was by the time it tweeted something about being the real owner and being busy) i tried figuring out how long ago was the last tweet before the BCH advertisements start but i could not get to the bottom of it and i got tired only checking a couple of days days worth of tweets!

my guess is that Roger gave the owner some offer he could not refuse when he bought his account

basically this sums it up.
from what i have been seeing, it seems like many are trying to gain publicity through bitcoin and cryptocurrencies. not long ago i thought it was a rare thing that someone does something like this, but apparently the examples are growing.

no you need to go elsewhere (an exchange) and then turn your bitcoin to fiat then deposit that fiat into your bank.

what you ask is like wanting to deposit Dinar of UAE into an American bank which only accepts US dollar.