I don't know how the traders manage to sustain for so long the gap of 4-5% in various exchanges. Now it is down to 1-2% but it will probably increase again when the price jumps. I think that one of the reasons for the regular drops is the arbitrage made by bots. Some say that the exchange owners are artificially doing this. Of course, the closing of the gap is not enough for a several months bull run, but it is a necessary condition IMO.

Today's (last?!?) attempt of a bear to cause panic:



Some hungry skinny bear hit 2 times sold in total 4% down. Number of traders following the trend: 0. Gains in term of bitcoins: a negative number. Good luck with the next attempts (a hint for shorters: before opening a short position, take a look at the bids in coinbase, bitstamp and bitfinex, and the total number of shorts - not the best time for a sell).

I just bought 1.163BTC! Weeeeeee!

Weeee! I just got paid $4300 for the inherited land. It was double than what I expected because of some error in my favour of the parameters in the documents. Now waiting for the money to arrive at CB. Then with no hesitation I will hit the button for a direct buy, I love to do that!   I know that this sum is ridiculously small for many in this forum, but I am happy to increase my modest low 2 digit stash with 2BTC in a month. At these prices I could buy with my fucking salary in the shittiest country in the world only 2BTC in a year! My decision has always been to ignore the market pumps and dumps (I am not that good to predict esp. the dumps) and wait 2-3 years for my first sale. I hope to be able to buy a villa at the beach with part of my stash by then. I still have a firm belief that we will make it to 30K-40K range by then. We shall see.

Judging how many times last year bitcoin rebounded from 6K, I am convinced that 3K won't give up easily without fight. We may see some bear(s) try to bring it below 3K but even if they succeed it won't last long. And the halving is near, so no point in selling this year. As for me, I got some very good news today. A couple of weeks ago appeared a buyer for some inherited land. I expected the price max $2200, but today we agreed on the price $4200. It remains that some details for the deal to be legalized and in 3 days the money will be in my bank account. Then I will buy with all of it bitcoins, no matter the price. I already bought last month over 0.5BTC, so I don't mind this one year pseudo bear market (I know the whales want my bitcoins but I flip them off). Fingers crossed all goes well!  

I am not good at guessing, so what the hell - let it be $8055. Thanks Mic for you generous bullish games!

Haha, hilarious!  I love this movie! gembitz and r0ach are so pathetic - each time bitcoin has a small dip, they feel happy for being a nocoiners and  flood the WO with their delusional BS.  The moment bitcoin starts  to rise, they dissapear like a flushed shit ----->

May be CW is dumping his bitcoins to try another pump of his S(V)hit, which is steadily heading towards 0   Or the usual bitmex manipulators - open short, sell on stamp; open long, buy on stamp - bart is their child   But somehow, the crooks can't always win. In the end, they get what they deserve (e.g. R. Ver and J. Wu with their flippening... errr, where is bcash now? that's right - ded forever!) The good news is that crooks always lose all their money, while those who patiently accumulate during the sideways breaks, will win the real profit. Honestly, the whales can't scare me with their dumps, nor the trolls with their going to 0 talks. I can always sell the car or other stuff and buy cheap bitcoins. And let the stupid n00bs buy my bitcoins one day above $30K, because they are so smart and sell in bear market and buy in bull market (buy high, sell low  )

Earlier today I noticed that someone was hitting the sell button multiple times from the local peak of 4160 on Bitfinex. This is not the first time for me to recongize a single seller, rather than multiple simultenous sells. It was at first like a gut feeling, but now it is seen clearly that someone with >3000 (may be >10K) bitcoins is satisfied with this price and is impatient to sell. Same ol' same ol'. It happened so many times in 2018, the worst of which was the insane selling of fake Satoshi (CW) to pump his pathetic shitcoin. I really don't understand these people. If I was an early adopter/investor/miner with thousands of bitcoins, I would never sell for 80% less from the last ATH! This shows weak hands and lack of belief in the future of the king of all decentralized money. Of course, I know that there are miners who have to pay for their electricity bills, margin and futures shorters, etc. All this combined with the lack of good news (ETF) brought us here. But all this will not be enough to hold the price after the next halving, even without ETF. In fact, an early approval in 2019 can cause a pump and dump like in Dec 2017. It will be best if sometime after the next halving when staying at least 1 year well above 10K, the ETF be approved. Then we may witness prices which seem somewhat unrealistic now (100K party, cough, cough  ) I don't know for you, but I would like to see and enjoy those flickering ATH's signs everywhere and every day with all my stash intact! (I miss them so much that I am almost tempted to post one of those now  )

Can you provide a source for such a (FUD) claim? Even their official site says otherwise, not to mention countless other sites (WSJ amongst them).

https://www.bakkt.com/index
Bakkt is designed to enable consumers and institutions to seamlessly buy, sell, store and spend digital assets. Formed with the purpose of bringing trust, efficiency and commerce to digital assets, Bakkt seeks to develop open technology to connect existing market and merchant infrastructure to the blockchain.

CFTC Approves
Bakkt also got its CFTC clearance today and that is a great progress for the company and the future of the Bakkt Exchange.

https://medium.com/itsblockchain/ice-announces-bakkt-partners-457d191cf4da

Yep, that's my future car     (For now I can only get the toy  ) Come on Mr Bitcoin, do it now!

https://www.youtube.com/watch?v=JZXooG8a4bA

Happy New Year! Let the new 2019 be bullish as 2017! In Dec. 2017 just when we reached 20K I had a nightmare  of 5-6 consecutive earthquakes which destroyed my new house, which I could buy with my bitcoins. This turned to be a prophecy, although I didn't take it seriously then. Yesterday, just 1 year after my previous dream, I had a  dream that I bought a green lambo (and I was somewhat dissapointed for its lack of comfort  ). I still wonder if the dream means that the next spike will be around my stash equalized to a lambo or to a lambo+house+reserve. Anyway, this would mean that we will have a good year of price well above 10K (and why not above 20K?). #bakkt+etf

I don't know to laugh or to pity this lost soul COCKr0ach. It reminds me of some guy I knew, who slowly developed schizophrenia with exactly the same symptoms. One day he drowned himself because of his demons. RIP. Regarding this BS statement: shocking speed in reduction of supply [for the silver I guess]. This is either a wet dream or a manipulation lie. There is not even a slightest reduction in the supply and never will be. As for the price, 20 years at least are needed for the bear market to come to a halt. And even then no upward movement is guaranteed. As for the second statement: unlike bitcoins which nobody actually needs for anything. This is so true as to say that men need only food, and money are just useless paper. With that logic, silver is also not needed, except if you want to tie it around your neck and throw yourself in the water, like the guy I knew. May be writing BS posts here is the last step before this painful destiny, I guess. Imagine that - Bitcoin price went from 175$ where it bottomed in Jan 2015 (around the time our scizo-r0ach sold) and reached 20K$ in Dec 2017. At the same time r0ach bought silver because, you know, it is very useful to keep it in his basement. And the price crashed from 45 to 10$. And like a drawning guy catching a straw, he hopes some n00b can be influenced by his scizo arguments and buy silver to become like him - poor and mad.

I just watched again Back to the Future. I am now seriously thinking of building a time machine in my garage. If you wake up tommorrow and see bitcoin worth $1mil, that's because I went back and bought (mined) millions bitcoins. Don't worry, I am not going to dump all to 0  But seriously, what do you think the price will be, say in Dec. 2021? (Hint. In Dec. 2016 the price was 700, in Dec. 2017 - 20K).

No, I leave that thinking to r0ach. He is an expert missing 1000x profit opportunity and getting instead 90% loss with that kind of reasoning 

Every time I threaten Mr Bitcoin I will buy, the price goes up. Today I bought a little, and after New Year I will get some extra cash and buy moar. Go, BTC, go!!!

-10
Sure, 35% in 5 days is nothing. I smell the fear of shorters  

I think I found the right gif for all shorters watching the price this week and especially those who sold at the bottom:

P.S. That refers also to cockr0ach who sold his bitcoins years ago and bought silver. He is the emanation of a weak hand and near-sightedness. Like the pizza guy. He could have 1000x profit. Instead he has 90% loss from the crash of the silver. And he transforms his head banging into gibberish jew, nazi etc. trolling here. I have no sympathy for such duchebags 

https://www.wsj.com/articles/first-futures-contract-to-pay-out-in-bitcoin-poised-for-green-light-11545301801

According to the Wall Street Journal:

WASHINGTON—The first futures contract that will pay out in cryptocurrency rather than cash is expected to soon get regulatory approval.

“It’s great to have cash-settle, but there’s a need for physical delivery,” said Kelly Loeffler, CEO of Intercontinental Exchange’s crypto business, Bakkt.

Approval for the futures contract is currently being considered by the Commodity Futures Trading Commission (CFTC).

CFTC laws require all US future contracts to be redeemable for dollars, securities or commodities, but it’s understood the commission will make an exemption to allow the Bitcoin futures contract to pay out in Bitcoin.