you don't have to be "top rich" to be able to manipulate bitcoin price. the market is big but not that big to be immune to manipulators with a moderately large amount of money. and so far the manipulation has been an elaborate dump with FUD and drama which helps make weak hands panic sell.

as for altcoins, even if they disappeared today it wouldn't change a thing for bitcoin because majority of people are not investing money in altcoins. they are investing their bitcoin in altcoins to make profit on their bitcoins.

it is not possible to say anymore in my opinion. at some point before this it was easy to say that ETH needs to be dumped but now it is much closer to its real value than ever so the dump might be near the end. but still it can go on for a while longer and price can drop as low as $10 which is not so out of ordinary either.

why?!!! it was a pumped altcoin that needed to be dumped. in fact it surprises me that it took this long to be dumped and reach this price!

last year it was still being pumped and also the ICO hypes were at its highest helping that pump a lot.
this year the dumping season is upon this coin and also ICOs are nearly dead which means there is no reason to buy ether any more.

lets not forget about all the damage that these ups and downs are doing to bitcoin. if you stop looking at bitcoin as a hardcore believed or as some people see it as short term profit making machine then you can see how bad it looks from outside.
we have an invention that was supposed to be a payment system which is going to $20000 then falls down to $3000.... we are all talking about adoption but we are also preventing it by having this kind of volatility.
i will also be here no matter what. but at what cost? i think something seriously needs to be done about manipulation if we want to see bitcoin grow and not just rise in price.

hash wars don't happen because of people paying attention to shitcoins like these two. hashwars happen when they pull the hashrate they own from bitcoin and put it elsewhere. and also it intensifies when they pump that shitcoin so that it creates incentive for miners to switch.
you can't prevent them from pumping their altcoin, the whole altcoin market survives on pump and dumps anyways. it just happens that pump of bitcoin forks have additional damages.

this is already the "option" you can place orders with $0.01 increments in most exchanges and at least on one of them they use the 8 decimal points like bitcoin has LOL. but that doesn't fix the volatility problem because it is the "option" to open orders like that, in a market you can not force people to set their orders at the price you decide. they can choose to place an order $0.01 above the previous one or $100 above the previous one. not to mention that this doesn't make sense the higher the price goes. for example you can't expect people to place a buy order at $50,000.01 then at $50,000.02

the way to fix it is to find a way to get more people to trust exchanges enough to open orders in first place instead of going elsewhere to trade bitcoin or pull their money out every time they make a trade. so that we can have a more crowded orderbook so one small dump can not crash the price big time.

this only proves that the author not only has never used an exchange in his life but also has no idea how exchanges work.

if for example price of ETH is currently $50 and you place a buy order at $10 your order will NOT be filled at $10 but it will be filled at $50 because the system automatically picks the highest order in orderbook and fills that.
orderbook is like a stack of last in, first out and that rule can NOT be changed.

as a result if you see price has dropped to something like $10 in my example then it means all the orders in the stack were filled the $50, $49.99, $49.98, .... up until $10. in other words that much ETH were sold to push the price that low.


it is not the exchange fault that someone chose to sell that much Ether and the market couldn't handle it. so your real question should be why did the whale dump that much ether and why did others follow him by selling to crash it down to $13?
it might be a bot mistake which sold a larger amount instead of a small one or it may be a dumb whale thinking he can manipulate price by dumping on one exchange instead of all of them at once
if someone wanted to repeat history then they would have dumped on Coinbase, Poloniex, Binance, Bittrex at the same time.

you should never hold any altcoins if you are seeking profit because profit is not what you get from holding altcoins. you can only gain profit if you trade pump and dump altcoins. holding altcoin is only valid if you find an interesting project that you like and want to use/support so that you buy some of it, forget about profit making and enjoy the technology. otherwise if you seek profit then look at the charts and see which coin is building up a pump and then jump on board and make the profit and run out before they dump on your head.

whenever you have doubts about cryptocurrency market and specially when you see manipulation (pumps and dumps) then it is best if you stay away from it. in a market it is always best to be safe rather than sorry that you lost money because someone dumped it.


anybody who is making this suggestion is not an "expert" in fact they most probably have no idea what this market is about. having high capitalization means they are only more hyped up and have higher number of circulating coins nothing more. in fact most of the top 20 coins are the worst shitcoins of all times. ETH, XRP, Dash, BCH, BSV are the good examples of these shitcoins that are centralized and have a lot of issues.

additionally investing in "20 coins" is one of the worst decisions that you can make. you must always keep your investment to as small number of coins as possible so that you can handle different situations. for example as you can see all the top MC coins (with exception of BSV) are getting dumped so investing in 20 of them would not benefit you in any sense.

you have some good points here specially the thing about selling when it is still early (20% drop) and not selling when it is already too late and price is near the bottom!
but i don't like your categorization of coins to trust based on their mineability. there are lots of mineable shitcoins and there are a lot of not-mineable coins that are good projects. you can't just set aside some coin because it is not mineable or is not PoS or giving you passive profit.
not to mention that when it comes to profit and investing, none of these matter when it comes to altcoins. they are profitable as long as they get pumped.

if you think there is a 10x rise coming then why are you saying "hold"? instead you should be buying not holding so that you can have more bitcoins while it is still cheap before that rise happens so you can maximize the profit you gain.

in fact i believe this is a big problem right now with the market. people are holding instead of buying and with that they are allowing whales to do whatever they like with the price and then buy cheap coins while others are watching. people should start taking the cheap coins out of the whales hands instead.

neither of these two are happening.
1. the short term focused investors have been flushed in the initial stages when they dumped it from $1500 to below $1000 and then they have been getting flushed ever since. now that price is in 2 digits range it is the rest of the bag holders who are giving up and leaving this token.

2. nothing is going to stop these people! they will always want a way to raise money and they don't care if the token they are receiving (ETH) is worth $1500 or is worth $50. because in both cases they are receiving free money.

the thing is when you enter bitcoin you need to decide what you want to do. if you want to be a short time trader then these drops is for you and you need to worry about them as it is evident from hundreds of topics calling bitcoin dead these days because they want to buy it cheaper.

but if you are not a short term trader then $6k was the real bottom and anything else is just manipulation and a big discount that you are getting if you buy.
the problem is that if 1000 investors sell $100 worth of bitcoin price is not going to go down visibly but if one whale dumps $100,000 worth of bitcoin he can make a big drop happen. now imagine what happens when they dump larger amounts. that is why price is dropping like this these days.

BSV got pumped because it is the newest shitcoin on the block and also because it was dumped properly to its bottom and more importantly because it has a very rich pumping team behind it with millions of dollars ready to pour into it and pump this shitcoin.
on top of all that is because a lot of people who got their airdrop (BSV) don't yet have access to it to dump it. the wise ones dumped it immediately when it first came out and was worth a lot more than its current price.

butthurt much?

a pump is a form of manipulation where price is artificially increased. this type of rise is not stable and will definitely crash.
"suckers" always come in whether it is a pump or a legit rise.

first of all you should know that there is a big difference between bitcoin forks such as LTC and bitcoin forks such as BTG.
LTC only used bitcoin's code (forked the code). and also LTC was created so that we can have an alternative bitcoin with different implementation of the technology. for example the algorithm was changed, the maximum number of coins (cap) was changed, the difficulty was changed so that the time between blocks are different,... it is basically a new coin based on bitcoin technology.

but coins such as BTG are copies of bitcoin's code and the blockchain. and they are not changing anything that matters. they usually change something to pretend they did something to make it different and earn money. for example BCH changed block size to pretend solving scaling issue of bitcoin. BTG changed algorithm to pretend making it ASIC resistance, BTP changed the algorithm to pretend it made bitcoin more "anonymous".
these types of forks are more like parasites rather than a real project. otherwise they would have done it like LTC and started from scratch and with a new name instead of abusing bitcoin's brand.

LTC was created because the developers of it wanted these changes in bitcoin but bitcoin could not be changed so they started exploring the alternatives by creating a new coin from scratch. BTG developers wanted to make money so they forked bitcoin and added the large premine to their coin.

these changes are sometimes introducing additional problems which i can't go through all of them here without making this a 10 page comment. you should analyze each on its own. for example LTC change in block time leads to more orphaned blocks and increased size of blockchain. BCH change of blocksize leads to centralization of nodes.

that's exactly what it is, drama and nothing more. even the lawsuit that the site is talking about is pure drama. and it has been used for manipulation of the bitcoin price which is followed by the massive dump of altcoins.

because whenever bitcoin drops, all the altcoins follow except altcoins that are already getting pumped.
this has always been the rule for as long as bitcoin and pump and dump altcoins existed.

right now there are a handful of altcoins that are getting pumped.
1. XYO Network got pumped 30%
2. Gold Bits Coin got pumped 20%
3. BSV got pumped 18%
4. Neumark got pumped 17%

this is how the altcoin market has always worked. the pumpers don't stay around for big altcoins to get pumped to make profit. they are shorting big altcoins and pumping smaller altcoins.

this is not something that time can fix!

it is like asking how long would it take for copper to turn into gold! obviously copper is copper, it can not become gold and have its usages.

similarly, we first need to see some alternative crypto-currencies that are actually designed to be used so that they can become popular. so far all the altcoins we have seen have been designed to get the most hype and then get pumped and dumped for maximum profitability. and until that mentality changes we can not see any popular altcoin (unless you count speculation as popularity!).

neither.

it is time to learn how trading works. and then when you understood how trading and more importantly the altcoin markets is moving (more precisely the pump and dumps) then you can start your trading regardless of what the price is and how some altcoins in some arbitrary rank are getting dumped.

that is just your opinion.
obviously there is manipulation anywhere that money is involved and stock market is not an exception but since bitcoin is unregulated and also much smaller than stocks market it makes it so much easier to manipulate.
and that is not something that i say alone, if you ask 100 people who have been around in both markets for a decent amount of time, all of them are going to tell you the same thing.

recover beyond its previous ATH? no it is simply impossible. that ATH was once in a lifetime chance which will never be repeated. the reason for that ATH was the fact that the rise happened because of combination of: pump + lots of advertisement and hype + ICO hype which was the hot topic.
none of these are a thing anymore. the hype of ETH and ERC20 tokens and ICOs are dead for good and can not be revived anymore so you can not expect a similar HUGE pump.

on top of all that you are forgetting the golden rule of supply and demand. that part above was about demand which is dead. but what about supply? ETH has unlimited supply which means it is impossible for it to rise in long term. in fact unlimited supply causes inflation and crashes the  value of any coin. look at Dogecoin for example, despite the popularity that it has, the price of it will only decline even if it is pumped.