translation: "I think bitcoin will collapse because billions of shitcoins are being created and then pumped."

and you are wrong, just because a lot of shitcoins are being created each with billions of useless tokens as their supply and then they are pumped it doesn't mean bitcoin will be affected at all. what you are calling the "market share" is a fake illusion that you are creating for yourself based on a false attribute called "market cap". it doesn't mean anything at all. it just shows how many shitcoins are out there.
there is 17 million bitcoin versions 1,000,000 billion shitcoins in circulation which is growing every day.

bitcoin and gold are not in the same race to compete with each other.

ethereum used to provide only one thing and that was smart contracts. now bitcoin also has that in a much better way and that makes ethereum obsolete...

well I have never seen a proper "stable coin" that is not heavily centralized. and being centralized I do not see a point in using them while there is fiat and banks that we can use freely without any risks of getting scammed, losing money and being forced to pay taxes just because you used a cryptocurrency.


you said it yourself!!! they are liable to fraud and manipulation that means they are not the answer.
you are basically moving away from fiat (centralized to the government and stable and trustworthy) to an altcoin (centralized to a shady and unknown company which is probably even working illegally and can run away at any moment).

you can never stop people from using bitcoin, not even from trading it. they will always find a way to do it thanks to the fact that bitcoin is decentralized and censorship resistant. and as they do that, the methods they use become easier because people will move on to more decentralized ways and as they become popular they will also become more user friendly.

it is best for every government to accept bitcoin and regulate it already with no dumb laws so that they can keep the control while still having it regulated. if the regulations are unreasonable or if there is talk of ban, people will think about going around it all and ignore their government.

to mine bitcoin you need electricity, internet, equipment (ASIC and cooling) and a place to put all these. so any place on earth that you can have all these in, you can also mine bitcoin there.

being profitable is another discussion though. you need to see how much it will cost you to mine bitcoin and maintain this operation and how much you will earn. then see if it is profitable. for example the most obvious cost is the electricity cost which is different in every country and sometimes different cities/regions in the same country. and also you may have to pay taxes to mine bitcoin.

an experiment is only good if the conditions are met. lets say I want to  test the temperature at which water starts to boil and I assume it is 80 degree Celsius, if I only increase the temperature up to 40 degrees that doesn't prove my experiment ever.

the "experiment" called bitcoin cash is the same. they say nodes will have no problem with bigger blocks and it currently has 32 MB blocks but only fills around 100 kB of them! it has to continue producing 32 MB blocks for at least 6 months and increase the total blockchain size first then be considered an experiment.

as for Ver, he is not the only menace in bitcoin. there are a lot of others on both sides....

using hardware wallets is pretty safe but they are in no way "safest" way possible to store bitcoin. there has been cases in the past, although rare, that some bugs in their software led to leakage of private keys.
the safest way is still a cold storage where there is absolutely no connection between your private keys and a computer, like a paper wallet (preferably an encrypted one).

you never want to reveal your hand completely in one go. you slowly pretend that nothing is going on but continue your shenanigans in the background. they revealed one of the biggest centralized altcoins in this round and that the first step


unless they mean to declare war against bitcoin and use the military with tanks on the streets they will not be able to close down mining operations. it was discussed before, in China mining farms are feeding a lot of people on different levels and at different posts. from normal people to government officials. you can't close down such operations, nobody will let you do it!

bitcoin is not even banned in China
you never know it with FUD, a while ago price was strong and it was holding above $9k and barely ever went below it. everything was ready to breakout and go back above $10k but suddenly this drop started for no good reason (they said Mt Gox trustee again but that is not a valid reason, more of a scare). and now we are testing the $8k buy support instead of testing $10k resistance!!!

basically in my opinion it doesn't matter whether this looks or feels like 2014 or not. in the end the circumstances are different and the result will be different. just because some certain trend happened before it doesn't mean it can and will happen again. price may continue to go down even when you think it should stop because it is like previous time or it may stop here and reverse up and start the rise.

first of all you should not confuse usage of blockchain technology with a cryptocurrency such as bitcoin. they are two very different topics.

secondly anything that companies such as Facebook or banks, government,... create will be a centralized platform, a private ledger,... and it is not even similar to other decentralized projects based on the blockchain technology. as a result they will not be able to affect, hijack, kill, .... the decentralized projects at all.

but they will be able to gain popularity because they are centralized and will advertise the shit out of it. they have dedicated funds for advertising. and also they will sue anyone who dares call them "fraud" or spreads FUD about them...

to be honest, no!
things are not at all similar to the last bitcoin bubble. this time it wasn't a fake manipulation by one exchange like it was back in 2013, this was a large amount of real money coming in. you can't ignore all the adoption and we have already had the huge  correction that was needed after the bubble.


never ever in a million years do this!
USDT is one of the riskiest coins because it is centralized to a shady company that can be hacked or scam and run away like all the other exchanges did in the past (the same company runs Bitfinex).

you don't know what others are doing so don't guess. they might as well lose a lot more than you but pretend otherwise!

go back and check each trade that you have made and check the charts. see why you made that trade and then try to figure out where you went wrong. this is the best way of gaining experience while fixing your mistakes.

I don't know what you mean by "signal"! by what I do is basically analysis of the market as best as I can.

they stay as far away as altcoins because they are pump and dumps.

these are mostly for altcoin trading and very little for bitcoin.

you can't give this as a general advice. someone may have $10 and what you say is true for them but someone else may have $10000 and this advice is terrible for them. it may be better for the second guy to invest little by little. in fact it is best to set multiple buy orders and buy slowly.
additionally when you talk about altcoins buying while they are dropping is very bad because their drops usually don't stop because it is a pump and DUMP.
and finally stop loss won't work for this market, specially if you place it at 3-5%. it is mandatory to use it but it is different here and each coin needs its own percentage.

again you can not generalize this either.
some shitcoins get pumped 200% in less than 6 hours. getting out at 5% is not being greedy it is called being unfamiliar with the market.
in some other cases some other shitcoins can't even be pumped 5% so not getting out is dumb!

this is vague at best.
what alts? what is cheap? just because some altcoin got dumped doesn't mean it is "cheap"...

i disagree with this completely. altcoins are not good for "portfolios" look at the market and see all of them in red right now that bitcoin is in red! some of them more than others.
dividing your money is not going to give you any benefits here.

what is this? rating based on most centralized coins?
seems like cellard was right all along. I think their constant failure to sink their teeth in bitcoin and control it has failed so they are now moving on to other coins which are already centralized and plan on trying their control there. the release of ASIC for ethereum may have also been because of this. I wouldn't be surprised to find out Bitmain belongs to the government.

whether we like it or not, it is happening this way. the real question that we should be asking is how this is going to influence the market in short term. in long term nobody cares about what these dudes do about bitcoin, in the end bitcoin is THE decentralized currency of our time and will continue to appreciate over time.
but in short term we can't rule out the speculation. last futures trading created a couple of panic moments and led to some drops. it stopped after a while and people stopped even caring about them but this may reignite the same FUD again.

manipulations do exist, they are not as severe and controlling as some people exaggerate them to be like and also they are not as small and non existent as some others like to over correct! it is somewhere in the middle.
the bitcoin market is still pretty small and there are many with a lot of money at hand who are getting richer each time bitcoin swings up and down. they + the media have been driving the market the way they like it to for some time now. it is not a full control like what you see in altcoins pump and dumps but it is enough to make price take big hits or have big rises.

fluctuations is not the same as pump and dump. just because price is going up and down it doesn't mean it is getting pumped and dumped. there are manipulations, for sure but that doesn't make it a P&D. you are confusing bitcoin with altcoins!

maybe. there is no reasons based on technical or fundamental analysis. and based on my experience it shouldn't go down but you never know what will happen next with the newbie panic sellers.

this part is your biggest problem. you followed the idiots on the internet who were misleading you. I don't know what exactly you did wrong to lose that much but as a trader you should know that there are a lot of ways to prevent big losses like that.
it is ok though because you gained a very valuable experience now. next time try to  watch the market closely and see how it moves. you will eventually gain enough experience to not lose money like this and only make profit.

volatility is definitely one of the obstacles in front of bitcoin for being adopted but I disagree with calling it the biggest one because this volatility can also mean you can have a bigger buying power as the time goes by. for example when you buy bitcoin at $1000 and in a year it goes to $8000 now you have 8 times the buying power than you had last year so you use it as a currency even spending the profit would be more than enough!

volatility has nothing to do with the design though. it is all about the adoption! it is a weird relationship actually. the more adoption will decrease the volatility but at the same time the current volatility is preventing the adoption. in any case the market needs to grow more for price to become more stable and also exchanges have to stop sucking so that they can grow more so a little dump doesn't cause a big drop!

when you want to talk about an article then you have to also post it in your comment.

in any case a lot of companies are starting to look into blockchain but it is the technology they are interested in and that doesn't mean they will use bitcoin, that also doesn't mean they will create a coin. and when and if they start using the blockchain technology it won't have any effects on the cryptocurrency market anyways because they just improved their internal services in a centralized and closed source way.