My faith conviction in the long-term potential of Bitcoin never faltered, even during the darkest days.
The worst was during the spring and summer of 2013 because it was my first deep crash. I missed the great bubble of 2011 but had learned the history and knew it would rise again. The only coins I sold were during the "dead" (LOL) cat bounce when my $155 ask was filled. I immediately placed a $97 bid which was soon filled. After that the 2014-5 downturn was small potatoes.
I haven't sold any coins since except for $150 worth a couple of years ago when I needed pocket cash to buy beers at the ballpark, and then the$6000 worth I sold last week because of a cash emergency and having to honor a commitment. What a mistake. After selling, of course the price skyrocketed. If I'd been able to wait 2 days, I would have gotten $10k instead of $6k.
Now it bugs me that the 50 coins I lost at MtGox are worth over $1mCAD but it helps keep me on an even keel. I still don't think of myself as "rich" despite being a Bitcoin multimillionaire. Maybe after a couple of doublings.
Indeed, anyone with 2 digits of coins can start thinking of themselves as wealthy and those with 3 digits can look forward to being truly rich some day. Those with 4 digits can look toward being very rich and those with 5 or 6 digits (e.g. the Winklevoss twins) will be the new wealthy elites.
Satoshi? Who could possibly deserve it more to be the new Rothschilds?
All very true, and thanks for posting it Jimbo. I, too, almost never sold any coins, and in the few cases that I did, I have regretted it, seeing the price skyrocket since then. Our coins are precious little mathematical gems that should be treasured, and only used when necessary, or when the time comes to enjoy them. I keep reading about how precious metals are so much better than cryptocurrencies, and it saddens me to see so much anachronism and old-time mentality here in this thread (I wonder why those posts are posted here...). We have been trained to assign value only to material things that we can see and touch. The idea of something non-material possessing value is very difficult for many to grasp. Instead of embracing and supporting it, we dismiss it, much like Albert Einstein's Theory of Relativity was dismissed by the Newtonian scientific establishment of the time. But the truth always prevails, and so did Einstein's theory, and the new ones that will come after it, despite all those who object them. What Satoshi Nakamoto started with his remarkable invention will be included in the history books of the future, and all those who object and dismiss it will be the new Newtonians that are left behind. |
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Sometimes you eat the bear, sometimes the bear eats you. As they say..
The Honey BTCadger always eats the bear in the end... |
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Bitcoin is holding nicely, amidst a few dips. I like it! Looks like we've conquered the 10k level and are marching ahead.
Also, Litecoin is getting lots of love lately. I have some, so I'm happy too.
Go BTC go!
Go Ł go!
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I never liked those super-expensive cars... Most of them are way over-priced, offer no real design/technology innovation, consume lots of fuel, and some are really ugly to my taste (Lambos included). I'd prefer a good Japanese, super-reliable and normally-priced car. Or a car with real innovation in its design, like a Tesla (provided they sort out their QC issues). This would not change at all if I had 10, 100, or 1000 BTC. |
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I like these small dips. It shows that the current Bitcoin growth is healthy and not a bubble. Nice & steady. I'm hoping for at least 15000 /BTC by the end of the year.
Go BTC go!
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It's extremely difficult to create BTC, and that gives Bitcoin value, just like gold and silver are difficult to mine, and that gives them value.
I dare anyone who says Bitcoin has no value, to make one now and send it to me. Can you? If not, then STFU!
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Bitcoin was released right at a time where the bankers knew debt based fiat was going into cascading deflationary collapse since in this fraudulent system debts are considered assets instead of liabilities. This is why the evil Jew sheklers running the system starting spamming the phrase "helicopter money" and "basic income" as an actual serious proposed solution. The system either collapses in deflation, or they print and....it collapses anyway, just a few days later from hyperinflation.
If used as a dollar substitute, bitcoin for all intents and purposes IS helicopter money (bitcoin currently is a dollar derivative and not substitute). So they probably released this bullshit as part of that plan. It's just that the market was completely cornered due to ASIC manufacturers right after it was released, making distribution terrible, rendering the entire exercise pointless and not "helicopter money" anymore since the so called money only goes to a couple people. It appears they continued with their pointless plan anyway and tried to raise the bitcoin price. After this move completely fails to raise money velocity or do anything for the economy, there will be some type of implosion and they will do real helicopter money or basic income into people's bank accounts.
Actually r0ach, Bitcoin wasn't a spawn by the evil jew banksters. Bitcoin was really a conspiracy created by the aliens. Or more specifically, the Scientologists. You see, L.Ron Hubbard was directly giving the Bitcoin blockchain technology by the aliens. He gave it directly to David Miscavige upon his passing. Mr. Miscavige then got together with fellow Scientologists Tom Cruise, John Travolta, Gavin Andresen, and Will Smith and concocted a master plan to release Bitcoin upon the world to take over all worldwide fiat monetary control, before The Great Alien Invasion could begin in earnest. It wasn't until Leah Remini spoiled their evil plans by breaking free of the Scientology cult and releasing the Bitcoin codebase as open source, and also sending the first workable developer version to Mt. Gox CEO Mark Karpelθs. Then all hell broke loose... You know, when we were discussing seasteading, I thought of LRH's Sea Org... |
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12,000 ATH @ Kraken!
There's no point anymore...
I'm off to bed to make some profits while sleeping. Will be checking the charts in my dreams.
See you guys tomorrow!
PS: Well done, Andreas! Well deserved!
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Somehow I think all those "experts" who are bitching like madmen about Bitcoin being dangerous and all, are doing it out of bitterness for missing the Choo-Choo when they had the chance to get on board... Trying to justify their decision.
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Kraken Euro-ATH (again)!
10200
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Ladies and gentlemen. It is my great pleasure to announce a historic event in Bitcoin's unstoppable march to infinity. Today we have reached a new All-Time-High, one of special significance, that brings Bitcoin to 5-digit values in Euro-Land! BTC ATH @ Kraken!☺10,000 ☺To mark this special event, I'm offering you some of my unpublished original artwork, made for, and dedicated to all participants of the WO thread here at BitcoinTalk, for your viewing pleasure. The image posted is in 720p (1280 x 720 pixels) resolution. For those interested in using it as a desktop wallpaper for larger screens, or for other uses, please let me know and I will post versions in 1080p (1920 x 1080 pixels) and 4K (3840 x 2160 pixels) resolutions. To the Moon and BTCeyond!Enjoy!  |
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I give this rubber band an hour tops before it snaps. ATH 9990 Bitstamp.
9990 @ Kraken too... This time I see the $ market has risen a bit, and this may provide the final push past the 10000 mark. |
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"Dear Mr. Kraken: Tear down this wall!"  Oh man, I'm so dying to see this!!! |
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Shame about bgodl. Not exactly a crypto-windfall that one.
It's not doing badly for a free coin... I would never buy it though. Same with Bcash. I have never (and would never) buy Bcash. If there ever was a hope of me taking this coin seriously, it all died when I read that "Letter from the CEO" nonsense written by that pirate guy...  But it was just a prank letter. I don't think it was meant as a prank letter... Or maybe it's my (lack of) sense of humour... No it was serious. But somebody insisted that it wasn't (I believe in this thread). But maybe I failed to read his sarcasm... lol Aye aye, captain (to keep with the pirate spirit)! You pwned me!
When will it cross the 10,000 mark (Kraken)? WHEN? Come on, HBTC, eat that fcuking cobra. Finish her NOW! |
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honey badger rolled into a rock and stumbled to his feeties... still staggering a bit and in a bit of a daze
Honey BTCadger gets what he wants. And he never, NEVER sleeps! |
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Shame about bgodl. Not exactly a crypto-windfall that one.
It's not doing badly for a free coin... I would never buy it though. Same with Bcash. I have never (and would never) buy Bcash. If there ever was a hope of me taking this coin seriously, it all died when I read that "Letter from the CEO" nonsense written by that pirate guy... But it was just a prank letter. I don't think it was meant as a prank letter... Or maybe it's my (lack of) sense of humour... |
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Shame about bgodl. Not exactly a crypto-windfall that one.
It's not doing badly for a free coin... I would never buy it though. Same with Bcash. I have never (and would never) buy Bcash. If there ever was a hope of me taking this coin seriously, it all died when I read that "Letter from the CEO" nonsense written by that pirate guy... |
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ATHs everywhere...
Amazing!
Go BTC go!
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just read the best confirmed sources and look at the charts.
Fancy listing some of the 'best confirmed sources'? Mark T. Williams? Jorge Stolfi? Jamie Dimon?  Where's kwukduck? |
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