@somac. - I predict the same, 2021 mid year so Q2 or Q3. I’m hoping to sell around 30-50% then which will see me never having to work again.
Like you said, the rest will stay in cold storage forever with the possible, occasional dip into for luxuries.
Fingers crossed hey!
Spot on! |
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So I've just spent the last few hours scanning through the posts on this thread from mid December 2014 to mid January 2015. It is amazing how similar everything was back then to how it is right now. I recommend any one who is questioning bitcoin right now to go read those posts, you will see that this time is no different to back then and the lesson I learned is buy more coins. I particularly like some of the comments from the members who still comment now. here's one from LFC_Bitcoin which I find interesting because I think he feels the same now as he did back then Blood in the streets.
Is anybody going to buy?
I'm a lot of $ down but would anybody recommend buying now?
My favorite comment though is this one Is crypto done??   No. Crypto isn't done. But Bitcoin is. Bitcoin will drag everyone down with it. But crypto will survive. We need a crypto that can serve humanity's needs for the next 100 years. Bitcoin cannot do this. It's unfortunate that Bitcoin has died, but it has to be this way. Bitcoin achieved so much. No other crypto would be where it is today without the achievement of Bitcoin. Requiescat in pace. Ahhhh bro, at that point I think I was more than 50% down on what I invested. Thinking about it that was a lot worse! Even now I’m still at over 15 x what I’ve put in. I guess it just proves, stick with it & we’ll be ok in the end. HODL on man! Will do mate, 40k is my goal to sell about 30% of my holdings. The rest stays in for ever, unless of course we get a massive bubble after that to >100k, will sell a little more then. You know, I think you and me bought in at roughly the same time and roughly similar amounts. Hopefully, we also roughly retire around the same time. I'm predicting 2020/21 |
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So I've just spent the last few hours scanning through the posts on this thread from mid December 2014 to mid January 2015. It is amazing how similar everything was back then to how it is right now. I recommend any one who is questioning bitcoin right now to go read those posts, you will see that this time is no different to back then and the lesson I learned is buy more coins. I particularly like some of the comments from the members who still comment now. here's one from LFC_Bitcoin which I find interesting because I think he feels the same now as he did back then Blood in the streets.
Is anybody going to buy?
I'm a lot of $ down but would anybody recommend buying now?
My favorite comment though is this one Is crypto done?? No. Crypto isn't done. But Bitcoin is. Bitcoin will drag everyone down with it. But crypto will survive. We need a crypto that can serve humanity's needs for the next 100 years. Bitcoin cannot do this. It's unfortunate that Bitcoin has died, but it has to be this way. Bitcoin achieved so much. No other crypto would be where it is today without the achievement of Bitcoin. Requiescat in pace. |
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Big crash, my ass! Look at the books in BFX - 20K BTC in buy offers till $2500 vs only 5KBTC till $5300. At the same time SV is pumped - versy suspicious. I guess CW sold every BTC he had just to give 1 more day life of his shitcoin before it dies forever! Now, we are in a very good starting position. Weak hands were robbed and big trio scammers - Ver, Wu and Wright is out of Bitcoins. No need to be a prophet to predict that a bull run is imminent. I can't wait to get my salary next week to buy some more!
This post was yesterday when we were at 3700$ (BFX). Now the first part is fulfilled, I expect to reach 5k$ range soon. We are in a good position not only to recover the drop from 6K but to break the falling wedge pattern from the beginning of 2018. If bakkt starts and as promissed offers more than futures contracts (namely as regulated crypto exchange that can store in warm and cold wallets the bought bitcoins, which have theft etc. insurance), we can quickly break the main resistance at 8400$. This will start the next bull period, which will last at least until 2021. Also there is a huge possibility that in December the new commisioner in SEC might be in favour of ETF. We need only 1 more voice, since it seems we currently have 2 in favour. Interesting times are coming and the weak hands will suffer much when they see prices with 5 digits.  I like your story |
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below 3638
a lot of coins being bought here though
$2500 test soon...! weee Not sure what’s more annoying... Bitcoin crash or your useless posts. I’m leaning towards the latter. The wee thing is beyond worn out .Give it up. Seriously, just give it up already. It's his/her/it's signature move. Can be annoying, but is it really worn out? Can a guy/gal or bot wear out a signature move, even if such move is annoying as fuck? Certainly we know a keyboard can be worn out I'm wondering where the weeeee thing is from exactly? is it actually a thing that people say sometimes? because I also saw it in a Japanese anime called Rosario + Vampire, in that show there was a bat that would always go weeeeeeeeeee a few times every episode. I thought it strange at the time. |
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would be nice if anyone can give an update on the index
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Need to break this down channel  |
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I think this uptrend is just temporary.
The next 10 days will be critical... it could crash again imho.
I think the last 12 hours have been a piss poor performance by the bulls. yep not enough volume on the rebound and flattening out at the 3900-4000 area, we're going down further this week I think. At least to the recent lows. |
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Since the price is down and there’s panic in the air, I thought I’d revisit my convictions in hopes it may help someone in whatever way.
BTC is an act of resistance and resistance entails suffering, it requires self sacrifice and excepts that it may be destroyed. Bitcoin is not about happiness or money, it is not rational, it’s about freedom. For me bitcoin is almost a religious experience in a way that I achieve a personal peace knowing I resist evil. Namely the 1% who seek globalization of corporations through capitalism. In today’s world it is abundantly clear that capitalism consumes immeasurable amounts of life from the bottom up leaving slavery and destruction in its wake. It is destined to implode with the absence of new markets to feed from and drag the majority into debt and despair. Bitcoin is the only idea I’ve seen which by design attempts to correct economics out of balance.
Until a time where bitcoin no longer serves to liberate, I #HODL
I am with you |
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need the bounce to get to 4200 or it is nothing
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Btw I know it was a dead exchange but still, does anybody realize wex.nz (old btc-e) is down since 22/Nov? https://coinmarketcap.com/exchanges/wex/R.I.P. (when you say, trollbox, there is only one. btc-e, that's why i wanted to check and...) Yes I have fond memories of those guys back in 2013. I think its a shame they are gone. |
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which exchanges have troll boxes these days? I wouldn't mind checking out the comments to gauge the panic
BitMEX's Trollbox can help you with that. god damn! looks like a massive battle on the bitmex page with all the flashing green and red. |
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Current price level is a lifetime opportunity that should not be missed!
Lifetime opportunity is also what they said at 8500 and 6500. Good luck catching this dagger! I've caught the dagger at $4 falling from $32. Then I've caught the dagger at $50 falling from $260. Then I've caught the dagger at $190 falling from $1100. Now I've caught the dagger at $3500 falling from $19000! Glorious, and I love that you still come here to comment. Edit: After your comment I decided to buy a little bit. |
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Well, i hope that these prices not only shake weak hands, but cause a large drop in difficulty as well, making mining not even more profitable, but more BTC for my hash... What most of you guys are doing with Fiat, i'm doing with mining... I have a cheap location with power included, so the more it goed down and miners quit, the more miners i buy cheap and install..  Maybe halfway 2019 bullrun can start if you ask me... Thanks for the comment, good to hear from a miner. Do you have any idea of what breakevens would be? not just for you but for others well, with these prices falling faster as a rock, i would have to calculate it every hour. But if you ask me, we're already past the point that's making mining even profitable... I have my gear paid for, so thats already written off and paid by itself, and my location is not free, but its quite cheap. At this moment i need 4-5 miners running for its cost. each month. So, if price halves from now, i need 8-10. Still profitable (for me) So i have a large breath to go... All the extra mined BTC i put into my stash and hope for recovery. The more miners quit, the faster my stash grows.... Thank you again, great info there. I'm hoping that things go well for you and some miners quit. |
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Well, i hope that these prices not only shake weak hands, but cause a large drop in difficulty as well, making mining not even more profitable, but more BTC for my hash... What most of you guys are doing with Fiat, i'm doing with mining... I have a cheap location with power included, so the more it goed down and miners quit, the more miners i buy cheap and install.. Maybe halfway 2019 bullrun can start if you ask me... Thanks for the comment, good to hear from a miner. Do you have any idea of what breakevens would be? not just for you but for others |
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which exchanges have troll boxes these days? I wouldn't mind checking out the comments to gauge the panic
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Hmmm I thought we were done at $3600.
Next support is $2,900 to $3,000. Should be heavily defended.
If this doesn't bounce, were basically screwed and all crypto with it Yeah this is pretty shocking, I thought after seeing 2014/15 that nothing could get that bad. but, this drop is the worst I can remember purely because of the lack of buying volume. not 1 damn decent bounce yet. I don't know what to make of it, but its not good. I am starting to think that the whales are probably even more scared than we are. Maybe no one is going to save us this time. At least not yet.
Yeah I've never seen it like this before. |
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Expected to wake up to some sort of recovery but no, we’ve tanked even further $3,594.
Can we confirm this is capitulation yet?
I’ve got £40,000 fiat savings, was thinking about buying in maybe another £10,000-£15,000 worth but I don’t think I have the heart to see that evaporate into -50% or something in about a week.
Think I’m going to stick with my HODL stash & buy £250 bi-weekly as planned.
This market is a black hole atm.
stick to the weeklys, big chunks well kill you emotion wise if it continues down. |
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That first bounce is a bit optimistic don't you think? |
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