Well, I missed the big crash too, I'm already to late I guess.
I missed the rise and miss the downfall, never made money out of it, I don't care anymore. 

Sure, when you read a message of some anonymous guy on a forum, you sell your car, house and kids and buy bitcoin  

Sorry people, the ride is over, down hill is all what's left  .

Funny, it was down to 31% but going up to 36% again. I guess people are changing there sh*tcoins for bitcoins to exchange them for real money.

But don't forget to HODL 

I know, is there a way to see the actual money invested? Any calculations on that?

p.s. it's now 36%  

Thanks for your replies. Could not find it with the search, maybe broken. But interesting thoughts. Except for the standard belieber replies.

For the big public, Bitcoin is still hard to understand. Why would an other coin convince them? For most people Crypto = Bitcoin. When bitcoin fail, the crypto will fall hard or die altogether.

Sorry, but this is the most annoying argument I hear all the time, results from the past are no guarantee for the future remember. There is no logic in believing things will always go up.

I wonder why this topic is not discussed more. The bitcoin dominance compared to other coins.

For years bitcoin marketcap was around 90%. Then it dropped to 40% in jun 2017 and peaked in dec 2017 at 60%.
But then it dropped to 38% today!

So this means that the value is moved into other coins. It's a big run. The total market cap stays quite the same.

But when bitcoin will crash hard, don't people understand that when the flagship goes down, the other boats become worthless? I believe this is way more important than the current loss in price at the moment. 

I still not find a good way to profit from the crash, which seems happening though. Of course the CDF profit I posted was just to make fun, from my test account on a broker. I want to switch to real money, but then the lower the maximum positions a lot. So you should do a whole lot of orders to get somewhere. So this was also not an option.

Maybe I should just stay away from this all and keep on doing my day job  

No logic, just greed.

If you still believe in BTC can't blame you.

I regret that I missed the BTC rush, but did not say the rust was true value. Only speculation I believe. The same is happening with BCH/BCC at this very moment. I was just in time I believe.

Only time will tell if I was right. I don't care if I'm right or wrong, but I do care about my wallet  ...

Update: those two orders, over €23.000 now. 

But mostly due bitcoin cash. It's not completely weird. When the bitcoin will crash, people will flee into other things, so maybe BCH for a while, till same thing happens.

Whatever, this time I'm in front seat, and enjoying the ride so far 

Yes very risky, it gives me the creeps to be honest. On the other hand, trading today only result in €5000+. Not bad, but tomorrow could be the opposite, unless I was right after all and bitcoin is going down  

http://s1.postimg.org/29hvh0ieu7/image.jpg

Think I found it, by going short with CFD, money is pouring in at the moment. Hope my broker will be honest.
Did the opposite on BCH. It's almost to good to be true, maybe you will have a good laugh in a few days or weeks, but maybe it will be me .

But I admit, I don't know if this is the big crash starting already. So big profit, but big risks too. But yeah it's a strategy at least...

Damn it's going down already 

I really hope this is just a small dip and not starting to crash already. I found a solid broker and have to fill in a lot of paperwork, so this can take a few days 
Also I hope the crash won't start before the futures become available! This would be a great way to make huge profit from the crash. 

In an other topic I ask what would be the best strategy to profit from the bitcoin crash. A bitcoin crash, but it's at a all time high stupid?! So let me explain why I believe there is a number of reasons what will cause this crash. Also feel free to counter.

Bitcoin vs Fiat money
One of the things people keep telling each other is that bitcoin is so much better than Fiat money. Yet a huge amount of people base the value of bitcoin only of the value compared to Fiat money. This forum is full of messages of people cheering when bitcoin has reached a new all time high, in Fiat money numbers. Also people dream of getting rich and millionaire, again in Fiat money. This brings me to the next point, speculation.

Speculation
I believe that 99% of people that are joining the bitcoin train now, hope that the Fiat money they invest now will be more worth more in the future. The look at the chart and see it go's up and up. There are just a fixed number of bitcoin, so they will be increase in worth right? No, the current value expressed in Fiat money is because it's a classic bubble. While people keep buying the price will rise, until they start to panic. Lot's of noobs are buying bitcoin right now and guess who are driven by emotion when it go's down? The noobs again, they will panic first.

Bitcoin is the most destructive force on the planet
Wait whut? Yes I am very sure about this one. Never in history there has be anything that just wasted such an amount of energy and hardware. Just think of the millions of graphic cards that were not used to play a video game or design a 3d building for an architect, no just burned for bitcoin. So much electric energy that is just vaporized in heat that was just waste. And the current network use a ton of energy for just one transaction. We are all about environment and climate, but yet we don't seem to realize this enormous waste.

Unstable value
As long as the value is not even near stable it's not a alternative to Fiat money. Why would you buy anything with it as you believe it could be worth double the money next month? Same for the opposite.

Alt coins
Are just crap and we know it. While we 'use' bitcoin at least for some stuff, the altcoins are just a way to make money in the shade of bitcoin. There is no value at all in altcoins, but since the noobs want something and can't affort bitcoin (because they can only think in whole bitcoins) the start buying altcoins. And more noobs does, so the price is going up, hooray!

The scam of Trading platforms
I've been following trades on for example Bitfinex, there are people who know how to influence the price for sure. Some big players (you call them whales) who laught at all the noobs while they are just pumping the price to a new high. It's far from transparent.

Bad money
They have discovered bitcoin. When bad money comes in, good money runs away. It's an old fact that will apply to bitcoin.

The actual value
Think about this. Does a single bitcoin is really worth a car? Who is really using it? But so is paper money right? No it's not, we are all using Fiat money. Bitcoin is used by 0.0000000000001% of the people. It's current worth in Fiat money numbers is only a reflection of the greed of humans.

But it's kinda sad because the blockchain is an amazing technology. So is the IP protocol btw, but no one has come up to put a price tag an that technology. Thank God, there would be no internet today.

I understand and also appreciate all your opinions who are in favorite of bitcoin.

So let's say this is just an theoretical question if that helps. Let's say I'm just a stupid guy who thinks bitcoin will crash harder then ever before. Ok, now we are all done with laughing , just imagine I am right. How could I make a ton of money out of this crash?

I don't blame you for not giving me the answer yet, because I don't have the strategy myself. Maybe I should not ask this in this Bitcoin forum but on a traders forum? 

I believe I have some strong arguments and I understand you would like to discuss about it (maybe I will in another topic) but this will only distract from my main question. How to profit from this (in my opinion) unavoidable crash.

When so much people are so convinced it's so valuable, there must be enough people who I can bet against right? But when the fall is so heavy as I expect, these people must have very deep pockets to pay me and probably will not when push comes to shove.

Thank you, but for me this is not an option. I believe it will go down to zero. So I don't want to buy down hill and end up with nothing.

I will be honest, I regret the day that I did not start with bitcoin. It was in the very early days, value was still around $1. But I calculated that the costs of mining would exceed the value of the coin. Then around 2011 I had some money to 'invest' and considered bitcoin. I don't even want to calculate the value it would be now, that's just frustrating  . But hindsight is always easy. If we could look into the future we would all be millionaires the next day.

But I could not stop following it because I like the technology and also the economic aspect. So I believe the point of investment is just gone. Even if it go's up to 100.000 this still would 'only' be about 10 times the value now, so not the mega profit from the early days.

But I'm convinced that bitcoin will crash some day. Not because of envy, but there are a lot of things pointing to a tipping point. A bubble for sure. The question is when will people realize this and when will the fall start.

So I'm pretty sure about this and this time I don't want to miss this opportunity. The question is, what would be the best strategy to profit from this crash? I thought CFD's and short-selling, but when it go's up a lot, I don't have the equity to hold the positions and they will be terminated/margin call. Also I don't trust the brokers, will they pay when the fall is huge?

We can discuss about a crash yes or no, but for me this is not a question anymore. The only question is, how can I make sure not to regret this opportunity this time.