care to give us some numbers?
in the morning when i opened my bittrex account the daily volume (at the bottom of the page besides bitcoin price) was 800 bitcoin and it is still as high as any other day which is between this and 1000 bitcoin daily.

where do you see this drop in volume?

only profit. and trust me when i say 99% of others around here are also like this, looking for profit which means more bitcoin which in the end translates into more fiat in their pocket after trading.
you can't find much else around here in altcoins world with people only trying to catch a pump before the peak and make a quick 50 to 100% profit in  a couple of hours and get out.
so many don't even look at the coin itself, they just know a name or worst an acronym

you forgot about the best of them, Litecoin!
it has been around forever and it is a good coin with a good developers team. and besides there is a big hype coming which the Litecoin SegWit activation.

and from your list i have invested in Monero for a long time and it has always been a good and profitable investment for me.

ethereum on the other hand is a wild investment and unless we see another hype pump i can't see it becoming profitable like before ever again. but in any case i have my eye on it, always waiting for good opportunities to get in and make big profit.

the only coins they fake pump are the coins that are dead, and gone. which means nobody had any coins there anymore and devs are long gone. and even if there is a dev, or someone with balance outside of Yobit they either disable the deposit option or don't even have deposit option in the first place which means you can not take advantage of the pump.

it is all about new features.
for example i have been playing on primedice whenever i wanted to play dice games. but even since i found out about bitsler i moved on to there although it was a new casino by that time. it was because of the fast rolls, a nicer design and a lot of other smaller things like the design,.... that i liked more.

and i believe there is always a chance for a new casino to become popular even if it is the same old dice game they offer like other places. but since this is a competitive scene they have to be competitive too. for example offer a lower house edge, offer better features, offer lots of giveaways and good options. a better faucet, a better autoroll and bot,... so that they can compete with other older trusted places.

i am talking about this part:
"I always deposit small amount on site and when I make it to a good balance I withdraw, then I play with faucet and loose till the next deposit."
this is the strategy i was referring to and it is not going to work for him forever!

again i am not suggesting usage of faucets. i am referring to the strategy that OP seems to be using. and i am trying to explain why he loses with faucet and not with the money he deposits.
because to me it seems like he is trying to win by first trying the faucet and hitting a losing streak then deposit and play to win. and that is why i called it superstition.

i have a feeling that we won't see you again in here, since this looks like a throw away account!

first of all what pump and dumps? the last pump was in 2013 which was fake rise to $1200 by mtgox and we all know that clearly.
unless you want to call any rise as a pump (which is a wrong definition) there have never been any other pumps.

again you are assuming there is pump and dump!
volatility does not mean pump and dump. the fact that size of the orderbooks are much smaller than other markets makes the swings bigger. otherwise swinging price is a perfectly normal thing.

and besides nobody is preventing anyone from buying or not buying bitcoin. it is an open market and you can choose to buy when you think there was a "dump" and take the coins out of the whales hands.

it is not just Europe. there are many other countries too, in the middle east for example. the Islamic banking is pretty good too. there are no fees for majority of methods for transferring money, and they are fast and safe sometimes as fast as 1 hour to 1 day.
and it is not the question for investment, it is the argument about how can bitcoin function as a currency when using fiat can be cheaper while bitcoin fees are growing.

i doubt that dogecoin can ever see 100 satoshi again it means a 400% rise and doge is not one of those small altcoins with a thin orderbook. it requires a huge pump that we can not even imagine. and each year that passes price falls lower and lower which makes the 100 satoshi target ever farther away and harder to reach.

the thing about scams, mostly ICO scams is that people don't really do any research about them! not only that but worst of all is when they start getting involved with all these shitcoins they don't even see their announcement topics or even see if they have a website sometimes.

there was a topic here a while back talking about whether people check these coins anymore and majority voted no!

so long as gullible people exist, these scams thrive.

your strategy is not much of a strategy but more of a superstitious way of thinking how things work. or maybe you are explaining it wrong.

because there is no obvious connection between you winning then withdrawing then losing with faucet and winning again. this is just some coincidence that happened most probably because when you gamble with faucet you have low amount to cover the next losses so you lose in the end. but when you deposit you have more money so you can cover the losses and win in the end.

and also you got lucky too which is an important factor that anyone explaining a strategy forgets.

if you believe that a strategy is bad, then it doesn't matter if you play with that strategy for one minute or half an hour! you can lose with it in the first minute.
and also if the strategy works for (30min-1hr etc..) then it should work for 10 hours too. since the time is not a factor in the results of betting specially when it comes to a provably fair dice game.

martingale is bad mostly because the bankroll of the players can not handle the amount of loss when a big losing streak hits. but if the bankroll problem is fixed then it can be useful.

you know that Mt Gox was the reason for that rise too, right?
price wouldn't have gone to $1200 overnight if it weren't for Mt Gox fake pump and the bubble of 2013.

the only difference in case Mt Gox never existed would have been an steadier rise with a more logical rate and then a higher price today. probably around $2000.

and as i always say prices such as the $10,000 which they always say and this one article about $25,000 can not happen in short term. unless there is a ridiculous amount of adoption happening overnight which is also impossible.

to be honest that doesn't sound so plausible.
bitcoin is being used as an investment, which means people use banks to transfer money to exchanges in order to buy bitcoin (profit for banks) and then when they sell bitcoin they use banks again to transfer money to their bank accounts (another profit for banks). and all this time people are still using banks for all the other things like credit cards, loans, ... all profits for banks.

bitcoin can make banks lose money only if people start using it as a currency instead of using bank services which has not happened yet!

another payment is in the bag, thanks guys

well first of all who is to say Chinese exchanges aren't still reporting fake volumes? they were reporting billion dollar daily volumes not so long ago!
also you have to consider that many countries don't yet have an established and good exchange service and they trade bitcoin either on USD/EUR markets which we can see on the charts and a very big volume goes into localbitcoins and off the charts which we can never see on any chart here or anywhere else.

i my self have bought a lot of bitcoins using local currency and nobody knows because it was p2p since there is no exchange here.

did you look at the last comment (the screenshot that i added)? take a look at it again carefully.

pump and dumps happen in any altcoin, but it always happens on platforms like poloniex and other exchanges and anyone can join in and make a profit. i challenge you to make a profit from the fake pumps on yobit.
first thing you will encounter is that you can not make the same size orders like yobit does, second thing is that they put up orders that you can not buy from or sell to an still make profit.

an by the way, i would have never made a topic like this if i didn't see hundreds of newbies saying Yobit is the best place where it clearly is not.

well all the things you are saying here about altcoins are almost always true. and as i always say you shouldn't be keeping altcoins as a long term investment ever, not only now that bitcoin price is rising because the risks of that kind of investment is a lot higher.

but that doesn't mean you should invest in any at all just because bitcoin price is rising.

i like to categorize altcoins into two main categories: those that are being trading with bitcoin and USD and those that are only being traded against bitcoin alone.

the first group are going to fall most of the time when bitcoin price is rising, but the second group not always. also there are always exceptions to this rule.

but among all these there are pumps which will cause a profitable investment and also there are things such as the litecoin's segwit and good development news like that which can make the price go up regardless of anything else that is going on.

i chose something else option because i don't know what you mean by "zig-zag" and the option below it saying "follow the previous results".

what i do is that i follow martingale strategy but if i win i will switch between hi and lo, and if i lose i keep the same hi or lo going until i win and then switch and since the autobets don't offer this feature, i have to do it manually or find one that does or use a bot. and since i don't have the two other options i usually go back to a fixed hi or low bet.

i have to say this doesn't affect the winning or losing much, but it is a fun strategy to try.

sadly this is what has happened to this technology lately. and it is mostly because bitcoin is littered with politics, and people who want to take control of it and also many who want to make more money from it.


i doubt there are many bitcoin users like you!