bob, financially you are in a good position, which is awesome. If we were to fall into another bear market you should be able to ride it out without issue from a financial point of view. Long-term this thing is going to moon, why, because we know for a fact that central banks, banks, and governments will continue to be dishonest, evil, and support the wealthy against the poor.

I don't want tell you what to do, however it might make this correction a lot easier to sit back and think about bitcoin long-term rather than worrying about these daily moves. Seriously, I would give my left nut to be in your position right now, many of us would. And if I were, I would have a big smile on my face knowing that 1. I don't have to work and 2. I can ride out any bear market financially, and if a bear market does happen, accrue a shitload more coins.

I wish you the best bob, and I hope that the price skyrockets to 50k this year and then you can truly live it up.

not just bots, people also believe in them, therefore they happen.

Looking at the charts, it looks as though the bitcoin drop is slowing down and heading somewhat sideways. On the 30min chart a symmetrical triangle is clearly visible. For those that follow Masterluc, he has stated that anything below 10k is a buy and that after the recent low of 9200 we will see a few weeks of consolidation before a move up.

He does also mention an absolute bottom of 7700 though, which I think means that if the price were to penetrate this bottom we would be in a bear market.

If he is right about the few week consolidation period, I believe a break of this symmetrical triangle will indicate a end to this current correction. I would say that if it breaks up happy days but if it breaks down, we might be headed to that 7700. What are other peoples thoughts?

Fundamentally, I think the demand is still there, probably a kind of cash on the sidelines thing. Everyone is just waiting for the price to confirm either the bull or bear market. I put a lot of faith in Masterluc, he has proven his technical analysis skills many times in the past.

50k by the end of 2018. This correction is just a simple mid 2013 type correction.

Spot on

Any price is a buying opportunity with Bitcoin, the future is bright indeed.

Hoping for a bounce here, but looks like we are going lower.

Actually taking another look at the charts 7700 is a former top that then turned into a support level. It is definitely a valid level of support.

possible translation issues with masterluc as well of course. 7700 could be referring to an indicator rather than support or resistance. I have no idea though.

for further insights, see this blog https://btctrading.wordpress.com/2018/01/18/long-term-update-bottom-done/

Apparently, this guy and masterluc kinda follow one another. I'm not too sure what Masterluc's 7700 is in regards to, but, Enky says that if it were to reach this level, it would become a bear market.

No, all those poor people who have held since 2011 have lost everything right. Complete losers the lot of them.

Oh its a damn tragedy that's for sure, muadib is leaving, I just can't believe it. Bitcoin is dead man, it's dead.

I've been in this game early enough to not ever having to worry about that shit. What's more I don't need money for frivolous shit, if you want money, that's ok. I believe in bitcoin and I want it to succeed, the money is nice, but, I'll ride this bitch to zero. Why? because I believe in the bitcoin revolution, not that it is only more than 10 times the level it was a year ago instead of it being 100 times.

Mate, just shut up and short the damn thing. Go get as much money as you can, credit cards, loan sharks, friends, family etc. put it all on an exchange that will allow you to leverage the shit out of it and become an instant billionaire.

Yes but a lot of them are spam, so that's no problem. Spam should always remain unconfirmed if possible.

I hope so, I want to see this thing at 50k by the end of this year.

Its just another fork. That's all I know.

Bitcoin Atom futures are up around $1300, I'm sure it's just because it's the futures market with little volume on a dodgy exchange. But, does anyone here know if Bitcoin Atom is any better than any of the other forks? and would it justify a higher price?

Cruising coinmarketcap today and then almost spat out my coffee. BTX with a corrected market-cap, holy shit, miracles  do happen. I'm still in shock right now.

Same as bitcore. Fantastic.