Perhaps it has to do with general negativity. It can explain bearishness despite bullish facts. It can also explain a generally belligerent and abusive nature.

Such negativity is common during adolescence. Luckily most people outgrow it.
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Well, well, well. Look what just happened at stamp.

A couple of dumps knocked the price down by over $5 and a fairly decent wall was set to keep it from quickly bouncing back.

Someone's trying to stop the rise. The plot thickens (and gets more and more thickening by the minute   ).

Now that it's past midnight UTC, we have another fine tall green candle in the books.



That's 5 in a row. 2 more and we'll have a menorah.

I've only ignored 2 trolls in all my time here, and that was because they were truly obnoxious.

The first was MatTheTwat and the second was the original NotLambchop, but only after playing with her for months with much amusement.

Eventually NLC got boring and tiresome so I put her on ignore. Matt was never amusing, just obnoxious and obtuse.

I guess trolls never get tired of being wrong.

Thanks for giving everybody else someone to whom they can feel superior.

 
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I feel we won't see sub-$700 again until we've at least hit an ATH, and that sub-$700 would be short-lived like the last sub-$200 dips were.

Indeed. The poll thing was meant as a semi-joke, hence the smiley.

I think lots of people here miss his wine-sotted humor mixed with occasional deep insights.

As for Theymos taking extra trouble to reactivate his account, or Adam doing it himself, I hope the rift between the two of them (over the block-size debate) isn't too great.

I wasn't predicting a new ATH. I was saying it would be a real gift.

My "prediction" if you want to call it that, was for $800.

Just to get things into perspective:



"Bear" in mind that this is Bitstamp, aka Bearstamp, traditionally low-ball.

When I first got interested in Bitcoin it was in the $12-$15 range and the $30 it had reached a year and a half earlier seemed like a dream.

After seeing it go to $266 and back down to $50, even $1000 no longer seemed like a dream to me.

After it went up past $1200, back down below $200 and now back up to over $1000 (all Canadian dollars) even $5000 doesn't seem like a dream.

Actually even $10,000 doesn't seem like a dream.

Now $100,000 seems like a dream but we can all dream, can't we?

$10? That was way too much.

How about May 22, 2010 when $25 worth of pizza bought you 10,000BTC.

That works out to $0.0025 per coin, a quarter of a penny each.

 

I've been giving paper wallets containing $5-$10 worth of BTC as stocking stuffers for years now.

I figure it's 2 gifts in 1: enough Bitcoin to buy a beer and for those new to Bitcoin, a chance to learn.

Preaching about Bitcoin is a losing prospect. People will figure you're trying to promote some scam. Give them something worth something and they'll take the time to learn how to use it.

Win-win.

@ JJG

I'm just glad we're comparing the struggle over $450 to the battle over $750.

2016 has been a pretty good year so far.
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Also, congrats on getting your old account back. I wish Adam would do the same. We need a new poll. 

Any chance of getting the activity points from your temp account transferred to your regular account?

I'd be happy to be stable over $800 by Xmas.

A real gift would be to reach $930USD which would be a new CAD ATH.

No. Actually I was talking about more recently.

It took 5 months (December 2015 - May 2016) to get past $450.

Getting past $750 only took us the entire month of November 2016.

Well good morning Bitcoinland.

I see we not only kept last night's gains, but touched an even higher peak while I was sleeping... currently $775USD/$1032CAD (where it was last night) while reaching a peak of $781USD/$1040CAD, all according to Bitcoinaverage of course.

As I said last night, I expect serious resistance at this point. Hopefully it won't take a month to breach $780 like it did to leave $750 behind.

Go Bitcoin go, onward and upward.

Any large corporation whose principal business involves money transfers or supplying storage for assets.

Bank? Government?

Most likely someone who can afford to lose a bit now to delay the inevitable damage Bitcoin represents to their long-term business.

This little upswing is merely a rush up to the castle walls. The real siege of $780 has yet to start.

As I was typing, Stamp got knocked down from the $770s all the way to $762 with walls set to slow down further advance.

Don't expect to see $800 just yet. The battle for $780 will be just as bloody as the siege of $750.

Isn't holding fun?

Still creeping up... $771USD/$1028CAD.

Go btc go.
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edit: $774/$1031

hard to keep up

Some people think it's always a bear market.



Different strokes for different folks. I prefer when the market bears me a nice profit on my holdings.

Creeping up quite nicely... $765USD/$1020CAD at Bitcoinaverage.

No. You've made some false assumptions. I won't be too specific because I also don't want to disclose too much.

First off. When I said it would take 4-5 coins, I meant at $10k per coin to cover the total amount fiat I've currently spent.

The $40k+ I've invested includes the $6k I paid for the 50 coins I lost at MtGox.

The $150/btc figure was just a rough guess and a while back at that. There are all kinds of intangibles like the cost of my mining expenses versus the coins I mined, and the coins I received as tips/gifts and those I spent/donated. It has also risen to over $200/btc. I keep buying the dips but the dips keep getting higher (this is a good thing!).

Let's just say I have over 100 and under 1000 bitcoins.