just because some altcoin has a big market capitalization it doesn't mean it is also automatically a good investment too, specially when you are talking about the "long term" investment. for example a couple of years ago the list of "top altcoins" were not at all like this. there were coins in that list that aren't even big today. for example NXT used to be number 2 once. but today it has dropped down significantly. in other words a long term investment in it meant a huge loss on your part!

FUD is something that you have to fall for a couple of times and lose money before you start truly accepting it exists. without that 'sting' you won't believe in it. but eventually any good trader will Stop Worrying and Learn to Love FUD, that is when you can see that FUD is just another opportunity for making more money, or depending on your views a way to increase the amount of bitcoin that you have. it may sound silly now but you can make a lot of profit from it, why let whales have all the fun?

yes it is all correct but only if you are talking about a well established market with little to no manipulation and a solid demand from ream buyers and also most important of all: a good long term potential.
this simple definition limits you to bitcoin and even bitcoin doesn't fit all of the conditions since it is still a small market and is manipulated to some extent. when you talk generally and cover altcoins too then it means you are wrong. the altcoins are never good long term investments and you can do it and make profit too but you will be taking a huge risk and it will be more like a gamble instead of a trade.

if it doesn't go below $9300 then we can consider this as the new bottom, and so far it has been resisting pretty strongly. and considering how the previous bottoms of each cycle has been increasing a little each time we can conclude that that there is a nice buy support still there wanting to buy up the price and bring it up above $10k level.
with that said I believe next time we test $10k it will be broken easily.

the only thing that is certain that at this point there is no reason for that kind of drop. with things that we can see NOW we can speculate that price will be above $10k in less than a month and in the upcoming months price can be back to $15k levels.
the future unexpected incidents are not predictable so we do not use them in our speculations. we may see something happen and cause a drop to that low price or we may see something else happen and cause a rise to $100k!

give us the links to these "vets"! just because some random idiot is one the internet making guesses doesn't mean they are worth listening to. there are a lot of idiots saying price will fall down to $1000 and there are a lot of other idiots saying price will rise to $500000. stop wasting your time reading what idiots say

there was no trial, there was only a social media drama saying they are going to sue him. and it was a good thing to wake some people up and make them see what Roger Ver is really doing.

neither of these two are changing bitcoin "dominance"! no matter what you do in the end of the day the merchants are still accepting bitcoin not the shitcoin that claims to be bitcoin! and that is called "dominance".

if you want to buy some shitcoin which is centralized and has a lot of issues, nobody is stopping you...

in short it is because there is no demand for altcoins.

more accurate answer is that the demand for altcoins is purely from speculators aka traders who are only using altcoins inside exchanges and their goal is to make profit usually on bitcoin that they have invested in them. this means nobody cares about altcoins, nobody uses them or anything they just exist there to help bitcoin investors increase their investment in bitcoin. so when bitcoin price is moving everyone rushes back to bitcoin that matters to them.

a whale is basically another investor who has the following attributes:
- a big amount of money compared to the market he is in.
- a big influence on the market because of the knowledge he has.

the size of the money he has isn't just a big number, it is a number that is considered big compared to the market he is in. for example there are altcoins that you can become a whale in with less than $1000. and also having that large amount of money is not enough to be considered a whale you also have to know how to influence the market and when to do it.

you people are talking about 3 different things here!
what adaseb said and also this screenshot belongs to a faucet created by Gavin Andresen back in 2010 and it was giving away 5 fixed bitcoins per IP per day. https://bitcointalk.org/index.php?topic=183.0 not 1
and it has nothing to do with abuses, gambling sites, ... it was too early for anyone to even know what bitcoin is, let alone want to go to all the trouble to claim a lot of it. you could basically mine more in the time you were wasting to claim that faucet back in 2010!

the thing about freebitco.in is that their faucet have always worked with number 200 meaning their top prize was $200 which meant nearly 1 whole bitcoin back in 2015ish if you could hit the number 10000 which has been impossible for ever! that was the highest (impossible) reward like any other faucet out there not the regular claim.

it is partly greed but also partly the desperation for earning more bitcoin.
I think you already know that one of the most common questions that is asked is "how do I earn more bitcoin". and people always want to receive money (bitcoin in this case) the easiest way possible without doing anything. and when they see these cloudmining sites and the advertisement and the numbers and all the empty promises,... they finally give in and invest.

I don't see anything new this week. everything so far has been pretty much the same as before. I was expecting a different trend but it is the same sideways between $10k and $9k with an occasional $8800 as the very bottom of this sideways movement.
the important time to watch was when price was lower and everyone else was looking elsewhere. meaning when price reached $6k levels and the real investors were buying bitcoin not now that it is obvious time for rise.

I think currently the market is not ready for the big rise to start which is why price keeps coming back to $9k level and not rising above that imaginary resistance at $10k. most people are currently trying to increase their share in bitcoin by doing small trades using these short term dips and also by pumping altcoins and making profit there. which means a lot of the money is also locked in altcoin market. when all this comes back the price can practically shoot up.

it depends on what you mean by "obtain"!
normally "obtaining" a cryptocurrency means either buying it or mining it. obviously buying bitcoin is always going to be the easiest because everyone knows bitcoin but they don't necessarily know or use altcoins.
as for mining, again mining bitcoin can be easier because buying mining equipment for bitcoin is easier unless you want to mine with the GPU you already have which means mining altcoins is easier but you need to already have a good GPU.

in case you had "earning" in mind then again earning bitcoin is easier because bitcoin is the only one that is actually a currency so you can get paid in when you do a job. other methods of getting paid is not really a payment but mostly receiving "dust" like claiming faucets or micro jobs or ...

bitcoin like any other investment has risks of its own. these risks may be higher because of the way bitcoin is, a new revolutionary currency. but also because of the same reasons it has a lot more potential of a huge rise and a huge profit.

but saying that "bitcoin will fall to zero" is like saying "aliens will attack tomorrow". both scenarios are possible but that doesn't mean they will happen!

you are right about everything. I should just add that they "downgraded" every account to basic for every user from every country but they downgraded and disabled and ignored pleas from people in "certain" countries, effectively stole their money.

accepting as payment for what?!!!
Pornhub is just a free porn website where you go to watch any adult videos you like for 100% free, and the day they start asking for money people will go to other similar websites and watch it for free there.
so what am I missing here?

no offense but it is not possible to trust someone with your money these days. specially someone you don't personally know or have access to (being in a different country). if you are looking for investors to start a mining operation then find someone around you so that they can know you and find you! something like a partnership and there can be contract between you two. you provide space and electricity and the other party provides the money. then you share the profit after costs based on a percentage that you agree upon.

rest assured you won't find anyone online like this!

you are not seeing any "enthusiasm" right now because we are just getting out of a huge bear market. price dropped nearly 70% not so long ago and any market would require some long time to recover from such a drastic drop and get back on normal track. bitcoin needs a longer time even because of all the FUDs that are also coming out against it which are slowing everything down.

well betting on bitcoin to rise always pays out! it is the safest bet you can ever make. that is actually why so many random people in the news are making these big prices predictions but they always do them for a very long time in the future. if they are true we will hear about how they predicted the future long time ago but if they were wrong nobody even remembers them
in any case NostraCrypt says bitcoin will be $100,000 in 2 years because my gut tells me

you can't just generalize the whole country with one comment and only based on price.
of course there are always people who see the big rise in bitcoin price and then lose their mind over it trying to become rich by catching up the "train". but generally speaking as the adoption grows so does the education and knowledge about bitcoin at least. people will start reading more about it, they start learning more about it also and eventually we will see a lot more investors with better understanding of bitcoin specially in the long run since the newbies will be pushed out every now and then.