It depends on how much the money is as well. People dumping at loss are not making money but rather losing money. It might seem from your argument that everyone who is selling is at profit of bitcoin but in reality it is not so - why? Because of the panic sellers who think crypto is mighty ponzi and then dump all coins.

It all comes back to what price you bought the coin and what price you are selling at. Expert opinions will also say the same thing.

PvP games have become rare now. In poker as well players are colluding and making games sportiness go away. Still the investors of casino will make a profit so investing is also a good option for those who are thinking. Its not that every casino is trustworthy in this regard but there are a few here which allow people to invest their money on casino bankroll.

The chat is also addictive apart from some beggars and trolls who often come in.

The loss is where the market price is dropped. It is not literally a loss of money but the value of your assets which are dropping. In the bear market the tokens and altcoins that are considered to be investments are deceasing in price - that is why its a "relative" loss. Absolute loss would the total loss of the assets from the investors' pocket but that is not happening here.

Similarly there is relative gain of value when the bull market appears. At that time selling those assets would earn them more money than what they put in.
In my opinion holding crypto with a set stop/loss is the way to go. Think of the people who bought bitcoin at around 500-600$ and held it will last year.

This year saw a major bear market like it was back in 2015-16. Its the test bitcoin is crossing now in order to rise in future again. Lets not over-speculate the end year conditions of crypto and think positively. We might expect a green market in late Q4 of 2018 but in my opinion people are so enthsiastic about it that it might actually crash a lot on the smallest pump. There are newbie bagholders who are impatient to sell because they are at a loss after buying at 7k+ USD prices and are crying on the current price.

Still it will be good to get these speculators out so that the real sharks can come in and pump the market later this year.

It is not fun trust me. Losing money because you fell for your greed is not something that gives entertainment to anybody. People think that it is fun because its gives then a rush but the rush soon ends with a roller coaster ride of ups and down and ultimately its a net loss for the gambler. Making money is only for those who either end up getting very lucky of manage to hack the site and steal the money.  

Thats why gambling can make a person addicted to it. But talking about movies there are some movies which are classic and have a replay value while others are one-time-disposable ones.

I use shapeshift specifically when I need an emergency conversion from one coin to another. I dont use it when I am trading coins. While trading I would prefer to sell them during the bull run for USDT and then hold the USDT till price of the coins drop and then use that same USDT to buy a bigger amount of the coin.

I have personally used both shapeshift and changelly and I never had any problems with them - even though there is an unresolved scam accusation against changelly here for which they received negative trust.

@AdolfinWolf,
I can suggest a few pointers for your idea:
1. A chart where I can view all trades and possible profit/loss of trading them. Though that seems more like something that a full time exchange would have.
2. A P2P marketplace as well for Fiat<>crypto based exchanges. Something that is lacking on many other platform but risky as well.

I really feel bad for those young blood investors looking for moon in one day who entered the market at 14k USD/BTC. This is what happens when you dont do proper research before you invest. It was evident at that time that a dump would happen sooner or later and crypto prices would plummet. But what can you say to those who are hungry and greedy to make cash and not willing to understand the risks?

The top 10 altcoins except Bitcoin cash will eventually recover and start rising. The only thing bag holders should do it keep holding them and plan an exit strategy once the green wave starts.

Who do you think would be putting in 2mil dollars into something as volatile as crypto? Most people dont and exceptionally some big investor might come into the market but probably not at this point. Obviously if they do enter a low price with that much capital they would be booking huge profits when they exit. Keep in mind that when they do exit there would be a huge crash as well.

Saying that the market has a mind of its own would not be totally correct. It does depend on what the people are thinking but also it has become much resistant to news and FUD this year.

I think this has been said numerous times and people do it meticulously as well. Those who look at the big sharks and think sitting in the sidelines that they are getting lucky, it also their hard work on analysis of the game. Although luck is also important in sport betting. Because if you are having bad day your best bets might even become losses. Which match is fixed and which is not is also something not told everybody. Even the tipsters dont know it - they make calculated guesses.

But those guess are backed by their analysis data.

I dont think the people who bought bitcoin were actually shark investors. They were just newbies willing to get into the market in the hope of getting rich quick. (just like greedy dumbos) A real investor would actually analyse the market and its risks before putting in any amount of capital with hopes of future returns.

True, we can see that rejection is not making much of a splash but the small dumps are happening. Bitcoin is facing resistance to cross the 7k or even touch the 7k mark this month and its not surprising if someone just dumps away all their coins if it does touch 7k to send us all tumbling down to 5k.

Impact on price might not be a big issue for the hodlers even if its painful but the small fries got pulverized into splatooshis.

You are being very liberal about it. Its a good way of thinking but do you think every other unemployed person in this world has knowledge of bitcoin? Let alone internet I dont expect every person in this world to have a device to access the internet every time they want it. Although crypto is a buzzword in the internet now, smaller businesses wont get any pitch unless they have something unique and realistic at the time feasible service to provide.

By using the buzzwords of blockchain, AI, Cloud computing there are a lot of scum projects coming up. I dont expect any of them to be taken up my shark investors.

I dont quite agree with you. There is a difference between a scam project and a pump and dump. A certain project can be both or neither of these two. A pump and dump is not essentially a scam. If you observe the RSI of the bitcoin charts you can obtain two points one at which the market price rise and the other at which the price drops.

Though this it is possible that evry minute a pump and a dump occurs in every trade-able asset on an exchange. Do the exchange have any hand in it? No. It the traders who even unknowingly end up pumping and dumping; sometimes knowingly as well.

The mode of purchase of bitcoin is currently based on three:
1. Fiat
2. Altcoins of which mainly is Ethereum.

Now considering the money coming in from these two sources, every market price of bitcoin will be based on the currency used to purchase the coins. Thats how the market cap and the market prices are obtained. Now we are long away from a position that bitcoin takes over fiat. Its practically not possible at this time nor is it feasible. Still we are bullish on the price and people of this forum believe in bitcoins and its properties that make it better in every sense than fiat.

Market wont magically reverse itself. There is currently a lot of FUD regarding the ETFs getting declined and some shills promoting Bcash. I would suggest you to hold your "rewards" - I believe those are bounty based rewards and wait till bitcoin reaches at least 7k USD. I am expecting a small crash at 7k but depends on how much bulls are putting in. Some bears are there at that mark to drag it down.

That wont give you any profit per se especially for altcoins and ICO tokens. If the market is dropping plan your next move. You can hold but you need to decide for how long you should hold before you start dumping; at least a part of it.

First comes morals before technology. Of course gambling can lead to a person becoming poor and in debt but that was their choice to gamble. Nobody forces others to gamble. If you fall into a temptation to make a mistake then you are the one to blame not the casino. In another sense it is a business method for the casino owners. They run a good business from it and also the investors of the casino and affiliate marketers.

Those who dont get themselves addicted to gambling are well to do. If you are cunning enough to be one of them then you are a diplomatic winner different from the rest of the general population.

Yup you are suffering from the "Why I dont get merit" disease. You should stop thinking of merit and learn to be helpful and informative in your posts if you wish to get any merits. Besides it will also depend on the merit source who might just ignore your post or may have run out of merits.

Which is why as a new younger member you should read the threads more than you what you write.

The sole importance of bitcointalk forum being bounties - you can forget about getting merited. If you are not willing to post anything constructive then you may just remain junior member forever since it wont hamper your "shitdrop claiming".

Its strange how the news is affecting the market this year while last year it was not so. This year the good news of ETF did not move the market much but then the news of ETF postponing made the market crash followed by recovery. In my opinion there are some new young blood investors who barely entered during a high price and are now in a loss. They are trying to break even by selling even at loss in order to get back their money.

This can happen if FOMO steps into their minds and they dont analyse past prices before entering.

In sports you need the analysis true. But there is no guarantee that the conclusion that you come to is going to happen. You can take help of past team encounters but then also every team or player will end up in the bad condition by whatever reason it may be. Thats called luck - luck of the players and the gamblers. ust because a team wins one match does not mean they will win the next one. Maybe the bookies have fixed certain matches where you should have bet on the underdog while the superior team is going to lose.

Hard work = laborious work. Gambling does not come under that.

Fiat price does make it more popular per se. Based on what the majority of no-coiners know it the price of bitcoin that matters to them. Big investors would play their money into bitcoin if they see the price flux and the ability to make good amount of gains from it. In future if fiat is totally taken over by bitcoin (which is almost impossible) how will we declare how much bitcoin would be worth an article?

Everyone is optimistic about the price and we are all bullish on the future of bitcoin. But we will always have some bears and some panic sellers who always think that this is the last dump of bitcoin and its never going up again and thats when the market goes up once again.

Maybe if people didnt come here with the "Who does not like free money" attitude then the conditions would be better.

But opening those topics again would be necroposting dont you think? Starting new topics of similar things only leads to more spammers. Tough to accept but the best way to prevent it is by reporting all such posts.

Economics and Bitcoin Discussion are the top few shitposted sections of the forum. Its the lovecave of the spammers where they keep wanking to the same topic in order to get their posts done for a week. I sometimes pick up things and try to explain/point of things. Sometimes few people reply back which are worth discussion but majority is just spam. Forget about Altcoin Discussion. That section is a huge pile of shit.