no you can not "reverse" a bitcoin transaction. if it is confirmed (which in case of your transaction it is a while ago) it becomes final and you can not do anything about it anymore.

your only option is to contacting this "site" you are talking about and ask them for a refund. provide them with your tx id and other information required, they may help you out.

the meaning is clear enough!
the market is filled with traders, and traders want profit. they buy in order to sell. when price goes up, they sell and selling means price will come down. this downward movement (dip, drop,...) is called correction.

the demand in total is what keeps the price up and increases it over time. the traders who buy and sell are only some part of the market. for bitcoin they are bigger part and since the market itself is smaller, the corrections become big from time to time.

in my experience those that are "OUT" for real don't feel the need to come back and make a public announcement of what they have done, specially with a throwaway account.

but those that area deep "IN" and want to get deeper "IN" feel the need to make statements like this specially when they wish for a price drop.

you could have said this while price was rising towards $11,000 and get out if you were unhappy about things

altcoins are not all the same so it is impossible for us to tell you whether to sell them or not. one may be good investment which is rising and the other may be a terrible one which is dropping.
you should always analyse them individually. although in general whenever bitcoin is rising the altcoins are not considered that good a investment and it is best to go back to bitcoin instead then come back to alts after the bitcoin price was stabilized.

you can find many speculations online, many of them contradicting each other! visit the speculation board, check the news websites, Goldman Sachs group had some good speculation in the past couple of months. there is also TradingView.com which you can visit and look for bitcoin related speculation.

but in the end you should remember that you must have your own speculation and NEVER follow what others say even if they have been right once or twice in the past.

1) that is the fees that using fiat requires. in other words that is the expensive banking system's fault. and it is nearly the same amount in other exchanges even those accepting USD.

2) you simply lose all your money. you can file a complaint with law enforcement and run after them but history proves that when the exchanges scam people, they run away for good. so far many exchanges have done it: Mt-Gox, Cryptsy, Bter.com, Bittrex,...

3) there is an Indian board here: https://bitcointalk.org/index.php?board=89.0 which you can visit and ask your country-mates.

your numbers are very misleading.
from 0 to $1000 (the first one) is 100,000% rise in 1789 days (assuming you are correct about your day counts).
from $1000 to $2000 is 100% rise (same assumption)
....
then from $9000 to $10,000 (the last one) is 11% rise in 2 days (same assumption).

in other words you are comparing rises that are not even on the same scale!

besides, that is how the adoption works. first it is slow then becomes faster and faster that it even turns into a nearly vertical line until it again reaches a stability. more like an S shape curve and we are currently at the  very bottom of that curve.

we are currently in the uncharted waters in my opinion.
the price is rising but it is the first time it has gone to this level. and the resistances are not sure about their positions as they were before at lower prices.
at the same time, the adoption is growing and as price rises, it attracts more money and becomes an even bigger rise. it is like a never ending cycle. we may see $15000 pretty soon although if it is re ached before 2017 ends then we should see a nice drop in start of next year back to $11000

certain level of stress is a part and parcel of this business here. that is why not everyone goes for becoming a trader. and if you are a day trader then these ups and downs are your bread and butter. you make money from them so there is also excitement and happiness with that stress.
and if you are not a day trader then there is no reason for even concerning yourself with daily fluctuations. just check the price with long intervals like every month if you are a long term holder, or every other day if you still want to catch the bottoms (dips).

why would a business choose bitcoin over cash? if they want to cook their books for tax evasion then they cook their books, they don't need bitcoin for that. in fact it will complicate things and will make it easy to prove they are cooking the books

and why would they not pay their taxes, taxation is not that horrifying in all countries all over the world and you are talking about a "worldwide" scenario!


there is another assumption in your topic, saying bitcoin will be mass adopted by a large portion of the world. something like 80% or more. which i think is not going to happen.

you know what, all these "bubble talk" is starting to sound like the boy who cried wolf to me. for a very long time, they keep  calling bitcoin a bubble and talk about how it is going to burst and fail and drop and some even go as far as saying how it will burn to the ground. and then bitcoin has a small correction before it continues back up again.

maybe it happens eventually, and then i say even a broken clock is correct twice a day.

because most of them are butt hurt that they sold bitcoin too soon and now are missing out on the rise. so they wish it crashes so they can see the price they sold at and then buy back.


it may happen!
bitcoin crashing is not a new thing. in fact it is pretty common. it happened about 2 weeks ago when bitcoin lost 30% or $2500

can we predict it like those idiots who call the "crash" these days? absolutely not.
can we predict it in general? sometimes yes but mostly we can only do it pretty close to the drop. right now we can say maybe drops after 10k, or maybe drops after 12k or maybe 13k....

you shouldn't even begin to compare them! all the alts that are being forked from bitcoin are like parasites feeding from its name! they are not doing anything, no innovation, no adoption, no solving any issues, nothing. they just fork, use bitcoin name to gain some attention and some investors and get pumped. bitcoin gold also has a huge premine for that purpose!

if it were some independent altcoin, preferably something that was written from scratch then it was worth to bother comparing bitcoin with it!

i keep seeing the same question be asked, there are at least 5 topics in the past couple of days asking this.

so let me ask you one question, why do you want to know the maximum price bitcoin can obtain?
lets say we all tell you it is $20K, or i say it is $10 million, what will you do with that information and what difference does it make to you?

there are lost of pros, we all know them and some of which are mentioned here in above comments. but the biggest con that exists and will prevent any kind of adoption as a global currency instead of USD,... for the foreseeable future is the way price changes. in other words the volatility.

when normal users, with small amounts of bitcoin are not willing to spend their coins and are just holding it for the price rise or holding it to dump if they saw a tiny drop, you can not countries adopt bitcoin as their global currency.
with USD, price isn't going to change like bitcoin. 1 USD is X EUR and will remain X EUR tomorrow too. with maybe 0.1% change. with bitcoin 1 BTC is X USD today and 2X tomorrow or maybe X/2!

because each time it rises, the media is filled with lots of news about bitcoin and they start talking about it nonstop. these days they keep comparing it with other famous assets and keep saying how bitcoin has left them all in dust and have been outperforming all of them.

all of the above means more and more investors. mostly excited to become rich over night! a little bad, i know. but what you gonna do?! that's happening.
exchanges report extreme traffic and lots of new members signing up these days too!

you are comparing bitcoin with these alts on an uneven ground.

on one hand you have bitcoin, a payment system that has been working fine without any downtime, any fraud like 51% attacks, wipe outs, bugs in the code, in the main/official wallets, protocol,... and this system has been handing a HUGE amount of money in lots of transactions every day without a single issue, except non-issues such as higher fees.

one the other hand you have altcoins which aren't really being used. have empty blocks and had lots of embarrassing moments. exploits in the protocol, easy 51% attacks and wipe outs, serious bugs even security related, and lots more.
for instance if you start using ethereum and want to sync with the network, you can NOT. you have to use a web wallet these days or a non-full mode. and there has already been multiple exploits and hacks and even failure!

it is impossible to rise forever. people aren't going to pay large amounts for bitcoin like they won't pay 1 billion billion dollar for 1 bitcoin! so obviously the rise will not last forever.
whenever you want to get a feel of what the future of bitcoin is going to be like, you can take a look at other markets. nothing is exactly like bitcoin but it is a good reference so that you at least see something. for example price of gold did not rise forever, it went higher and higher and then stopped. there are times when it rises again but it is slow and small.

no we don't know that.
what we know is that some countries banned bitcoin in the very first years. and some have been talking about it with contradictory stances against and for bitcoin.


the source of knowing about bitcoin is not the "ban/legalize" news. people usually find out about bitcoin when someone else tells them about it like a friend sharing a link via email or face to face. or hear about it in the news when they talk about it.

pump groups are a way of losing money not earning money.
when you join one of these groups, what happens is that the owner of the group (the insider) buys something and when the price went up and he wanted it to go higher so he can sell, he is going to tell "you" to buy.
so you buy from him without even knowing it and he dumps on you to get out. there is of course always a small chance you may something out of this too but the number of times you lose money because he dumped on you is more so the total loss is bigger than total profit that you may make..