the "bubble" chart that people love to post here doesn't get hate, the people posting it are the focus of that hate because they have always been posting it out at an irrelevant time and repeating it all the way up until it came true. like a broken clock that is eventually right twice a day!
for example last year when price reached $1000 and broke it for the first time this chart started being posted and they were calling that the top of the bubble and continued being posted until $20k ... and what do you  know eventually they were right!

bitcoin has died at least 6 times more than that
check out the iconic bitcoin obituaries website which is the popular one. according to it there has been 319 major obituaries for bitcoin: https://99bitcoins.com/obituary-stats/

nah, the doomsday articles always come out at key entry points when the whales want to make an entrance in the market. for example if you check out the above link there has been 125 articles only in 2017 which is the most ones and we had a big rise then. of course it is also increasing with the popularity of bitcoin and as it increases the fear in the hearts of banking cartel who don't want to see bitcoin grow.

your rank is Jr member, you have enough karma activity points to embed a picture and there is nothing stopping you from posting it even if you have a lower rank.

I am not using Poloniex so I don't know how their platform works for this purpose but programmatically speaking a stop loss is basically a market watcher with a certain condition. so you can give it any condition you like to achieve anything you want.

stop loss is usually stopping a loss but if you want to take profit the you have to calculate how much you want and then set that price as the threshold to sell.
for example imagine buying an altcoin at 1000 satoshi
- your stop loss should be set where you say it is enough loss for me. for example you can set it at -5% which means setting the price at 953 satoshi (assuming fees are 0.2%).
- but you can change it to have 0 loss which means setting the sell price at 1004 satoshi to get your money back without making any profit but this can mean not being able to fill your order if the price is really falling.
- additionally during a pump you can set the minimum profit that you want to take out in  case the pump stopped and started dumping. for example you can set it at 10% so sell price would be 1104

this sounds complicated because it depends on your strategy.

everything in Freebitco.in is calculated based on USD value of bitcoin. for example when you play free roll you sometimes win 31 satoshi (base) and sometimes 30 and so on because bitcoin price fluctuates. I don't remember what the minimum amount to play or deposit was to remove your Captcha (I think it was $50 so lets say it was) when price was $6500 a couple of hours ago $50 meant 0.00769230BTC and when it went down to $6300 it meant 0.00793650BTC. and that is about 24.4k satoshi difference.

I somewhat liked the domain since it was mostly used as a block explorer for years so the name was very appropriate in my opinion: blockchain [dot] info(rmantion).


yeah, it is not just SegWit, there are a lot of things lacking and buggy still on their platform. for instance for years they list "OP_Return" outputs as "unable to decode" with big scary red text! and that is the simplest thing to code and fix. it is just a hex_to_string conversion!!!

that is because there are many traders with automation/bots doing arbitrage trading so YOU won't be able to find any opportunities manually and being new to this. so what you find is the "impossible ones" meaning the ones where the exchange has some problem like the wallet is disabled,...
you can read my answer (the first reply to this topic) to see other cases of where it becomes impossible.

and know that most people who are repeating the "it is good" comment are just spamming. they have never done it before. or maybe done it once and think that is all there is.

I didn't say trading altcoins is like gambling! I said sometimes you are gambling when trading them. and I explained the case. please read it again.


that is the main point to it though and the hardest. to know that the market is going to recover at some point and rise back up. in other words you need to be sure that the coin you are investing in has some real potential and is not all hype.
for example when an altcoin is pumped from 100 satoshi to 10000 satoshi, that is all pump/hype. you shouldn't even touch something like that because it will fall down to 100 satoshi and below and may take months to actually see another pump.
but when bitcoin drops from $20k to $6k it doesn't matter if you buy on the downfall because you can be nearly sure that it will recover. in fact there are many investors who are buying bitcoin with their salary every month. for example each month you put $100 of your salary in bitcoin no matter what its price is that month.

there is a lot of contradictory "talk" about bitcoin price which the speakers call "prediction" and the thing I have figured out is that those who talk a lot about bitcoin price know the least about it and mainly are making guesses.
in many cases they guess a price first then start making up reasons and analysis to justify their guess.

what I am trying to say is that if someone is good at it then they won't just randomly come to a random topic and share their thoughts with you. you have to try and learn the market movements and come up with your own speculation.


another sign is when FUD is at its peak. for instance the 2014 reversal started after Mike Hearn (bitcoin core developer) called bitcoin "dead" and "failing" and crashed the market. of course that was 1 FUD among many.

many people say they believe in a lot of things. they say they believe bitcoin will drop to $1000, they say they believe bitcoin will reach $20000,... what they really believe is usually not the thing they so eagerly tell others.

the market shows what they really believe in. for example if they believed price is going to fall to $1000 then they would have sold instead of buying strongly when price goes below $6k.
or if they believed price will reach $20k then they would have started buying instead of waiting around and seeing what happens after this small rise.

if Satoshi wanted to write a book and stay anonymous he wouldn't do it in a way to raise any suspicions about his identity. he would stay anonymous easily and publish his book(s) and for all we know we already have books written by him and we don't know it yet.

if Satoshi wanted to write a book and reveal his identity he would simply include a signature in the book revealing his identity in a way that is easy to verify by everyone and is undeniable.

when we see someone who is shady and evasive about it and has no proof, it means have another scammer like Craig Wrigt at our hands.

there was no "pump". it was a rise. just because price increased doesn't mean it is a "pump".

additionally this was more like a recovery after a hard drop and also because price went below the strong support like at $6000 so it had to be corrected and price needed to come back up. it doesn't indicate any bull/bear run/trap or anything. it is just recovery!

it depends on what you are holding. for example you can hold gold or you can hold grains of salt. guess which one gives you a better profit?

and that is the problem with the new wave of investors these days. they come in, see a large wave of advertisement telling them how this altcoin and that altcoin is good and has good future so they end up buying them and holding them. eventually they all lose money.
you said Coinmarketcap. try finding the snapshots of it for a couple of years ago. there were a bunch of other altcoins on top which people thought are going to change the world and make them rich. they don't exist even among top 20 today!

although I don't think price can go lower and there is a good chance for rise but I have to mention that news is not the reason for price rise or price fall. it has never been the reason for it either. that is why we have been seeing a lot of good news like this for the past two months and price was going down all this time.
we need the market to be ready for moving in certain direction, then the news can help it. for example when we were on the downtrend and the news about Facebook banning ICOs came out, bitcoin price dropped. it was not because of the news, nobody gives a fuck about the news. it was because people were speculating a drop and the news helped them make their mind and sell.

maybe it is true but I also have yet to see a convincing explanation for it.

what I think is that this is exactly like Mt Gox situation. we are making it bigger than it is. the day the news about Mt Gox selling bitcoin and crashing market came out I said it is wrong and exaggeration. we finally found out a couple of weeks ago that I was right. Mt Gox was not even selling on exchanges and they were doing it in a way to not affect the price.

what I am trying to say is maybe there was some manipulation because of that the Futures expiring but the drop was mainly because of fear of manipulation and price drop.

we have tested $6k resistance and the $5k waters 3 times now and each time price bounced back up above it and continued going up. I think it is safe to say that we have a very strong resistance around that price level that can not be broken that easily.

so yeah it can be considered a triple bottom in my opinion. and many are considering this as a good sign for a bullish movement to come.

of course some others are always going to sign the doomsday song and ask for a much lower price and there are whales dumping to get that price. but I think we are currently at a balance between that  dump and the strong buy support. so unless the dump grows bigger or we see a horribly negative news I doubt that price can go any lower.

this is the first thing that came to my mind too.
because first of all they have been so much more vocal than they have been active. you can see the bigger blocks but not much else results. so now I think it is strongly possible that this was a social media sham from the start trying to advertise bitcoin cash more as a secure network that you can't attack.

what are you talking about, what risk?!!

the network does not  care about how much you are transferring. it only cares about the size of your transaction in bytes. you can transfer a tiny amount of money or millions of dollars with the same size of transaction and pay the same amount of fee.
and the fee they paid was a high priority fee which makes the transaction high priority and mineable in the next block.
additionally anybody who knows the basics of bitcoin (meaning they have read the first page of bitcoin.org/start-here) knows well enough that they need to wait for confirmation. and when a transaction is confirmed you can not double spend it anymore specially when it has the recommended number of confirmation.

your definition of "successful" is flawed which is why you think they are successful.
success doesn't mean raising a lot of money and having a big hyped up market where people trade the useless token they created. success means if they truly create a useful product that people actually use in the real world and most importantly it means if they actually have a company and it survives in the long run.

whenever you are still in the downtrend you always feel the worst and think it is "brutal" but if you look at the bigger picture you can always see that this is just a tiny fluctuation compared to the overall trend that bitcoin had and is going to have in the future.

back when I started with bitcoin, I was buying it at $200-$400 while people were calling it a "brutal bear trend" and were talking about how bitcoin is dead, blah blah. now see where we are. a lot of the newcomers would give anything if they could turn back time and buy bitcoin when it was $200-$400 and the worst part is many of them were around back then and decided not to buy and instead listen to the FUD.
we will have the same thing in a couple of years with newcomers that will give anything to be able to buy bitcoin at $10,000

bitcoin will survive any literary any price even at 0 because of the way it is designed.

you can search more about difficulty to learn more about it but basically the profitability of mining and how much it costs depends on difficulty and difficulty itself depends on how many miners or more accurately how much hashing power is mining bitcoin. and that changes with price, it is not a fixed amount. for example if price falls to a point where it becomes unprofitable to mine bitcoin and miners were put under pressure then some miners will stop mining  and difficulty will decrease making it profitable again.

miners don't all have the same cost. some have cheaper electricity, cheaper labor,... are in cooler environment so need less cooling so less cost,... some have reached their ROI already and some have started recently,... so you see not all are going to suffer the same from same size of drop. which is why only some leave and difficulty changes a little at a time.
so far hashrate is rising despite the fall which means miners are making a lot of profit that makes them increase their hashing power instead.