there are times when the total market sense is towards rising or times when we are at the bottom. then there are other times when we are on a downtrend where prices tend to go down even if there is  a recovery.
well these two are obvious times. you buy the dips in the first one and in the second one you don't buy or buy if you want to sell on the recovery.

but there is also a third time. the times when things are not predictable like right now. it seems that we are at the bottom but we can not be sure because the manipulation has not yet ended and the fear is still there. during times like this making decision is the hardest so it is best not to make any decision at all.

bitcoin was here to stay a very long time ago. possibly somewhere around the time when big people like Hal Finney praised it which was the first days!
this just shows that it is catching on and everyone else is also seeing it. but it is a good sign nonetheless, don't know about a strong signal though.

true. but also when it comes to speculation sometimes it comes down to what the majority thinks. for example majority of investors thought the halving will increase the price so they started buying bitcoin with a frenzy and price went up to $700 from $500ish if I recall correctly (40% rise). this is the same. the question that should be asked is what price does majority think is the bottom. unfortunately we have no way of knowing this until it is reached. it will be noticeable based on the higher buy volume and the enthusiasm to buy bitcoin instead of selling it. at that point the whale manipulation wouldn't matter anymore either.

to me it doesn't make sense that price should fall just because CFTC started looking into manipulation! if anything nearly all price movements should have stopped immediately and we should have seen a stable market if there was any kind of fear of this "probe" into manipulations.

what happened instead was that they used this news and a couple of others such as that Asian exchange hack to manipulate prices even more and drop the price another step lower.


this is not a bad thing though if you think about it. we all know that the cryptocurrency exchanges have never been trusted places for traders to go and do what they do. we have seen enough scams and runaways in the name of "hacks" that we actually need strict regulations if you ask me. and if done right we may even see an increase in adoption of bitcoin since a lot of people are scared of using shady exchanges to buy bitcoin but they will feel a lot better using a regulated and more trusted place to buy bitcoin.

everything has its own usages and there are times you keep coins in your wallet and there are times you do it on an exchange. if you do it for wrong reasons then you are making a mistake.

a wallet is obviously is to "store" your coins. cold storage for long term and extra security and hot wallet for short term and the money you need to be available to you.
exchanges are used for trading and nothing else if you store coins there you are making a mistake but sometimes you need to keep them there for example when you are trading, you keep them in an open order or keep some shitcoin ready in a stop loss order to dump immediately if the dump started. or sell it before the pump ends to secure your profit.

I don't know what you are talking about. all I remember is that there was a lot of drama about China. they announced closure of their exchanges and because of the panic bitcoin price dropped, it had little to do with Chinese themselves and whether or not they withdrew anything.
then the price went up because bitcoin was on the rise before the FUD and nothing can slow down bitcoin's adoption for long.

first of all bitcoin is NOT getting hacked. it is the wallets of the users/services which is getting hacked because of human error.

secondly the more something is being used the more reports like this you will hear. for example when vehicles were invented and the first car was built and when there were only a handful of them around the number of car accidents were non-existent! but today as billions of people use cars there is a lot of car accidents. that is the same with bitcoin usage. when there were only a couple of people using bitcoin when block 1 was mined there were no hacks. but now that millions of people are using bitcoin there are more wallet hack reports.

true. it always comes down to what investors think. and they always are looking for indicators such as this. we are going down for now but also we are getting closer to that specific price level where majority of investors will think "that's the price I want to buy at" and when that happens we will see the bottom and the reversal will start as the rest of the market becomes much stronger than the minority whales dumping these days.

stop using anything random that you find on the internet, you are trusting your money to an unknown thing with not much history. most of the times you get scammed out of your money when you trust but it is not always about scams. it is also about the fact that something new and untested is going to have bugs and you can lose money in it. not to mention that most people around here are beginners who have little idea how to trade, using a bot for them is just more complication.

The crow calls the raven black or in this case calls the dove black.

anybody who has been around for a short while and cared to learn a thing or two about centralization and control and looked into different projects knows very well that Ripple is the most centralized cryptocurrency that has ever been created.
the fact that they are bold enough to cover their own shenanigans and pretend it is not centralized is more than enough, now they are trying to attack bitcoin? all I can say is pathetic...


correct. they are pools. but does it really matter? even if 100% of the mining power were in fact coming from China it still wouldn't change a thing. because first of all miners are workers not the whole network and secondly it is a free market, nobody is preventing the rest of the world to have higher hashrate. in fact UK used to have nearly 60% of the hashrate at one point in only 1 mining pool (GHASH). where were this idiot then to call bitcoin controlled by UK? (I say UK because CEX.io hq is in London)

what "I" think is that it should be possible because fiat only requires all that KYC AML stuff not cryptocurrencies.
but from what I have seen so far, when exchanges are planning to add fiat markets they ask all their users to submit their documents and verify their accounts. possibly because the regulation officers don't care about what the users are doing, only that they are users of this platform and need to obey the KYC laws.

you should only invest what you can afford to lose and also sometimes it is best to invest the money that you do not need not the money that is your whole livelihood so that in case of an emergency you don't need to liquidate your investment.

nothing can drop more than 100%! dropping 100% is the max meaning it goes down to zero. there is no price lower than zero!
as for chance to rise, since I am assuming you are bag holding altcoins, there is a chance that they can have a small recovery. which will be a dead cat bounce. it can be a good time to dump them but it will be very short and won't last long if it happens. it may not even happen though because we already had some small DCB for some of them.

no he is sober and as a matter of fact he is pretty wise! you just have to read between the lines instead.

he says "bitcoin is going to $$$ by 2020", or he says "I will eat my own dick on live TV if it doesn't go there" but what he is really saying is that "pay attention to me, I am an expert".
then what happens is that he attracts a lot of attention, now everyone is talking about him, watches his silly interviews, reads what he says, follows his twitter,...
what does he do with all this attention? he earns money from it and fills his pockets!  he uses it to pump shitcoins he has bought, get paid $100k+ to advertise ICOs on his twitter and a lot more.

if you feel like that then by all means sell the tiny amount of bitcoin that you may have been holding. nobody is putting a gun to your head asking you to hold against your will! but the problem is you wanted to buy at the peak when the bubble was at its biggest (aka $20k) and you wanted to believe if someone told you to hold and ignore all those who said "nobody knows" so now you are paying the price.

now here is the thing. back in 2014 people were saying the same bullshit about how they lost money and they were saying how price is going to be back down to $10 by 2018. the funny thing is all of those who were saying this have been buying bitcoin when it was worth $200-$400 while telling others to sell. now we have the same scenario where bitcointalk is yet again filled with idiots who are talking about the doomsday and how bitcoin is going to be $5k, even $500 by 2020 ...

are you sure this wasn't a rumor? I am not sure about EUR but there was the same exact rumor about USD not so long ago which they had to come out and debunk: https://blockexplorer.com/news/fake-news-binance-says-not-adding-usd-trading-pairs/
I don't know where these silly rumors  come from though.

in any case I say it is a bad move to add fiat markets to an altcoin exchange. first of all because people aren't going to use these markets that much as the history of low volume on exchanges that do have these markets and also alt/btc market suggests.
but also it is because adding fiat has a lot of hassle for AML KYC stuff and that may turn a lot of users away from their platform because people want to trade altcoins without needing to submit their identity! specially whales that are earning a lot of money by pump and dumping altcoins.

the bitcoin adoption is an ongoing thing, it is always happening without stop. so you can't say it is because of "lack of adoption".
lack of good news and panic sellers are valid reasons but they are not big enough reasons to be able to move the market like what we have been seeing in the past couple of months. they just  contribute to the downtrend, that's all. the real reason is the market manipulations that have been taking place from the start of this year when price started going up from $10k to $20k and continued getting worse as price correction was done and we reached a valid bottom back at $10k.

they are not exactly following bitcoin though but everything starts and ends with bitcoin.

the thing is every person that has ever started with cryptocurrencies has seen bitcoin first and wants to own bitcoin. so what they do is that they start reading up about bitcoin and then buy some. but in this process they are exposed to a lot of advertisement telling them how they can buy the "next best thing" or ever sometimes they see "better than bitcoin" advertisements which is luring them into altcoin traps so we end up with a lot of newcomers who have come for bitcoin but went into altcoins with the hopes to make a lot of money.

in other words when bitcoin is growing it attracts a lot of these newbies and these newbies invest some or all of their money into altcoins which may seem like they are following bitcoin but they are not because their rises have always been temporary pumps since the market makers always dump on their heads and get out with their pockets filled with a lot of money which they inject into bitcoin and become so much richer.

my guess is that the majority of countries in the world will eventually do the same (possibly in less than 5 years) as Germany, Japan, and other countries that did this, they will see bitcoin as a currency because they have no other choice and then only put taxes on when you convert your money to bitcoin meaning when you invest in it or trade it. which is the only logical move to make and it is the right way to go too.
right now the biggest country that has done this is Japan and I guess Germany will join them soon since Japanese merchants are already accepting bitcoin to benefit from the no tax option and attract more customers and increase their revenue.

the funny thing is, technically the bear market that you are talking about didn't last that long either
it was one of the long ones but technically it was only 1 year or 13 months. it started from the ATH on 2013-12 and ended with the bottom at 2015-1. from that date price was rising normally and in less than 6 months it grew 100% from $150 bottom to $300 on 2015-6 and to $500 before the year ended. by the end of 2 years (which you are claim to be the bear market) price had grown more than 630% to $1100+

and the funnier part is that the previous bubbles which ended with similar bear markets were a lot shorter than this one. the 2014 bear market was long only because we lost the biggest exchange in history of bitcoin: Mt Gox which controlled 85% of the volume. if they didn't scam us then the bear market might have ended after 3-6 months like the previous ones.

hold on to your $200 or put it in a bank account.
go to the person (or the bank) from whom you took the loan and see if you can get an extension on your payment. explain how things went wrong with that business.
see if you can find the money some other way like from your savings or selling some assets. for example if you have stocks, gold, bitcoin,... sell a little of it to cover the $5k
go to a family member or a friend and see if you can borrow money from them without needing to take another loan.

and finally stay away from investments that you can't understand such as trading in cryptocurrency market to fix another mistake that you made investing in another risky thing!

this is a good explanation and it is probably the reason why it is happening but also there is another reason for it.

to know the reason you first have to understand that altcoins have no use other than being speculative assets where traders buy into in order to make profit for a short term. (and I am talking about traders not newbies who come in the market and buy randomly and hold on tight thinking they will become rich some day). now the question is profit on what? mostly profit on bitcoin but also profit on their fiat.
so whenever bitcoin price is going down they have either bitcoin or altcoin or fiat which is stuck in the altcoin market.
if you have bitcoin you want to pull your orders from altcoin market and move it to bitcoin/fiat market to sell so that you have money when the dip is over and buy at the bottom and in the end have more bitcoin => profit
if you have altcoins then you want to dump them mainly because you know they are going down but also to have funds to buy bitcoin at the bottom => profit
if you have fiat you also want to pull your orders from altcoin market and move to bitcoin so that you can buy more bitcoin at the bottom => profit
you see it all ends in profit. and when people either dump their altcoins or pull their buy orders the altcons get dumped hard and fast because there is no buy support anymore to prevent it. this is also why you always see a bigger drop in altcoins. like bitcoin goes down 5% but altcoins like ETH, XRP, BCH, LTC,... go down 10%