When there are new people taking power, they always want to improve on what their predecessors did, so you often see laws changing when there are a change in the government leadership. Take Donald Trump for instance, in his election campaign it looked like he was Bitcoin friendly, because he surrounded him with pro-Bitcoin supporters, but when he got into power... the opposite happened. 

The government of the Ukraine first exempted Crypto currency transactions from taxes and then they realized that they created a loophole for people not to pay taxes and now they are reversing that decision. 

The debate or the conspiracy theories over who Satoshi Nakamoto is, should never stop... because the more we talk about Satoshi and the more conspiracy theories that are thrown out there, the deeper the mystery gets and the muddier the water gets for him/her or them to hide.

Satoshi's real identity should never be revealed, because a lot of people wants to do harm with that kind of information. <Law suites / Hackers / Thieves / governments ....>

Let's create a lot more confusion with all these conspiracy theories, because it is helpful to Satoshi.  

The largest majority of my coins were bought at $300+ ...so I reckon I would start getting itchy fingers when I reach that price level, but I would still make a profit on my investment capital, with a price of $0. The reason for this is simple, because I sold some coins at $18 000 at the ATH and I got a 800% profit on those coins. <So I passed the ROI stage and I am well into the green with my profits for my Bitcoin investments.>

I think the endurance from other people will be determined by the price that they paid for their coins and also how desperate they are to use that money. <Every person will have their own set of circumstances that would tempt them to sell.> 

The Venezuelan government should rather concentrate on changing their political goals and start serving their citizens and not enriching themselves at the cost of their citizens.    Their own people are shifting away from their local reserve currency, because it is working against them and they are moving their wealth into Crypto currencies like Bitcoin to protect it's value.

Simply using Crypto currencies to bypass economic sanctions are not going to solve their problems. Zimbabwe started using different currencies from other nations and they are still struggling, because their government is corrupt. 

Mark Zuckerberg was very surprised with the backlash from the US Government, when Facebook first announced it's plan to develop the Libra. The US Government will never tolerate any digital currency that would compete with the US Dollar <$> ..IF it is not something that are controlled by them.

Once Facebook's law division looked a bit deeper into the repercussion and how the US Government would push back, they probably gave Mark some advise on how to deal with this sensitive issue. I think Libra will be developed, but it will bend the knee before US regulators and they will allow the US government to use that technology to their advantage.    <3L3tter agencies will have a feast with all that financial information on citizens from other countries>

Bitcoin ATM's are not helping people to transact anonymously my friend, it is actually the opposite. Most Bitcoin ATM's actually apply very strict KYC/AML requirements and when people use them to convert Fiat to Crypto currencies, they reveal their real identity and also how many coins or tokens they bought. <linked to the Bitcoin address> 

Yes, it is very convenient and people like to use it, but if they want to be anonymous, they have to use Mixer services to break the link between themselves and these 3rd party services. 

So, you think people will make better choices if Bitcoin was regulated. Tell that to the millions of traders that lost money on the Stock exchanges all over the world. 

Regulation will help to protect the consumers against illegal manipulation that could be done through money laundering, but it will not stop it. We have seen how large organized syndicates have infiltrated most of the regulated financial institutions and they manipulate commodity prices like Gold and Silver. 

Regulation help governments more than consumers. 

Blockchain technology is very different to Bitcoin, when companies are talking about it, because they look at the underlying technology that they can utilize to secure data, because it is basically immutable. They might implement it in their Supply chain to track components and parts or to store data in a more secure manner.

It would be great if they used the Bitcoin token, but I seriously doubt that.    We might just see the first MarsCoin in the future, if NASA are looking at a payment system for the Mars colonization projects. 

The dangers are GREED and EMOTION and these two things dictate the losses and the profits that can be gained from Crypto currency investments. People SELL too early because of these two factors and when they lose money, they want to blame Crypto currencies.

You cannot allow GREED and EMOTIONS to come into play, when you deal with Crypto currency investments, because it will lead to mistakes. Bitcoin is not like other commodities or financial investment tools, because it is very volatile and you can be fooled to sell too early or to buy too late.  

Also make sure to protect your tokens, after you bought them on the exchange.  

Most of the variables used to determine market dominance are very controversial, because we know some exchanges manipulate the data and that includes transaction volume. So market dominance is this cloud in the sky statistic that has no real value and it is just used to confuse and manipulate traders investment decisions. 

You also have to look at other things like global Crypto currency ATM distribution statistics and merchant adoption of the different coins and token to get a better picture of market dominance. 

I cannot validate or verify the data that was published or posted on Reddit.com, because I had no alternative source for the information. So pardon me if I posted something that cannot be verified, because I hope the discussion would lead to some more investigation from other people to get to the root of this dump. 

We will have false reporting and we will have people spreading false information, but we should still continue following up on all the leads to see if we can find out what triggered this dump.

It is not natural for a dump to occur, if there are zero bad news that triggered this event. 

Do you think it is a coincidence that someone would transfer $1.2 Billion worth of bitcoin on a exchange for everyone to see? Normally such large transactions are done on OTC platforms, because people know what these kinds of dumps are doing to the price. 

The end result was a total of $5.3 Billion transacted in 24 hours <Triggered panic sell behaviour>

Source : https://www.reddit.com/r/Bitcoin/comments/d8znbv/12_billion_transferred_at_3pm_bst_yesterday/

My observation was that this was done on purpose to trigger a drop in the price and it was done to discourage traders on Bakkt to buy Bitcoin futures contracts on the much publicized Bakkt platform. Whoever did this, knew exactly how institutional traders would react and they timed it perfectly with the launch of this platform. 

Are we seeing yet another attack from the Fiat masters to extinguish the Bitcoin wildfire 

 

The reason why the newbie PM's are red flagged when you receive it is because "newbie" accounts are often used to scam people. It only takes a few minutes to create a new newbie account on this forum, so when someone misuse that account and the mods remove or block that account, the user does not lose months or years of posts, so they rather use a newbie account for these spam attacks. 

Also be careful, even if these unsolicited PM's are coming from a higher ranked member, because some scammers are clever and they buy higher ranking members accounts to legitimize their scams. <Thinking that members will trust PM's that are send from a higher ranking members account.> 

Just another clueless gambler that does not understand what the winning percentage will be on a autobet strategy with a 5% house edge. You got lazy and just used the autobet feature on the site and now you are complaining that you lost your money, because you do not know how a site like this operate with a high house edge. <As stated above, it gives you a 25% change to win>  

I have used this site for many years and I have even tested the provably fair betting system and everything checks out, they are not manipulating anything from their side. 

We only have to look at other examples like Zimbabwe and Venezuela to see what happens when things start to fall apart with their local economy and to see how the normal citizens flocked to Bitcoin investments to safeguard their wealth against hyperinflation and other economic problems that has a disastrous affect on the value of their wealth.

We see record high prices for bitcoins on their local exchanges, when they have problems with their local economy and if this happens with a global economy, you will see record high prices on all the major Bitcoin exchanges. 

Schwarzman will quickly change his opinion when his government starts to dip into his wealth, like some governments did in 3rd world countries. He does not see the need for Bitcoin, because his wealth has not been threatened, but things quickly change when the traditional economy starts to fail.

People in countries like Zimbabwe and Venezuela and Greece only learned this lesson when their local economy started to collapse. So Mr Schwarzman is sitting in his glass mansion, throwing stones at the technology that would save his wealth in the near future.  

It is all smoke and mirrors, because someone looking for something negative will always find something and they were lucky to find a temporary "slow Block" situation and used that to spread panic and fear to manipulate the price.    I seriously doubt that this was done on purpose by any large miner or a group of miners, like it is hyped in the media articles. 

One thing about Bitcoin is the counter measures that are put in place to balance out certain scenarios and it worked perfectly in this scenario.     The hash rate is back to normal now, even if it was wrongly interpreted by the media ... so let's get back to business. 

This was really a great timeline of significant Bitcoin history and events that took place since the start of Bitcoin. I never knew Satoshi Nakamoto supported Gavin Andersen's faucet and that he planned to do a project like that.    <I guess Gavin is still kicking his own ass for giving away 5 bitcoins per IP from that faucet.>  

Thank you OP, I hope you created this timeline and that you are not plagiarizing someone else's work here.   If it is not your own work, please post a link to the original source, because I would hate it if the mods would decide to remove this for plagiarism.  

I think it was a collective attempt from some rotten apples that caused this. A guy like Craig Wright might have had some bitcoins that he needed to sell to pay for the court settlement and he then decided to do this on the day that Bitcoin would have celebrated a big event like the Bakkt warehouse launch to spoil the party.

This might have triggered a panic sell ripple affect in the market and a significant drop in the price. It might be that or some more sinister Fiat plot to dump loads of coins to scare institutional traders not to use the Bakkt offering. <I think a 20% drop will scare a lot of those traditional investors> 

I doubt it, because most of them did not have a platform to use institutional capital to influence the price before this launch. Would they use their own investment capital to influence the price.. I seriously doubt that too. 

It would take a significant amount of coins to cause a huge price drop like this and I cannot even consider that most of the institutional traders bought that much coins from their own capital to cause a drop in the price like this.