Don't use any online wallet since there is no actual benefit to them. If you want an easy way of storing coins, use a desktop client (e.g Electrum) that doesn't require you to download the entire blockchain, and from there create proper back ups and store them safely offline. In combination with that, to enhance your day-to-day usability, you can use a proper mobile wallet client (e.g Mycelium). These wallet clients will only charge you the required network fees, and thus there is no greed or whatever profit making thought behind them, like is the case with various online wallet providers.

These people have different motives for not really liking this news. It's insanely bullish news for basically anyone holding coins already, but something rather unpleasant for those looking to accumulate as their salaries get paid out every month. If you have like $500 in free to invest capital on a monthly basis, the increasing price makes sure that your $500 will buy you less Bitcoins every passing month. If you look at news articles concerning Bitcoin's record highs, you'll always see people say that the bubble will burst, that it is similar to the tulip bulb craze, etc. They damn well know that they messed up big time by not entering the market at far lower levels while they had enough time to do so.

That's not how people look at it who don't understand why Bitcoin has value in the first place. Every time Bitcoin gets featured due to a new all time high, I see them state that the central bank doesn't recommend investing in Bitcoin due to the heavy fluctiations. And those who do, should prepare themselves for heavy losses, and that they (the people) as sole entity are responsible for their own actions. Funny how they specifically speak out the latter part, and that while if banks mess up big time, the people get to pay the bill.

Dips indeed get bought up, which we can thank the strong general demand for. It's almost surreal to see how the market has changed so much in quite a short period of time. Now we have Nasdaq planning to list Bitcoin futures in 2018, it adds even more demand that will translate into an even higher price in the coming few months. I am largely interested to see how this institutional capital will impact this market's volatility. The general view is that their capital will slow down Bitcoin's volatility by adding the needed liquidity, which is something I can definitely agree with, but I'm realistic enough to know that it's easy talking in theoretical terms. I guess we have to wait to find out what happens, when it actually happens.

You have not made $2500. 0.2BTC bought at $9000 that you (lets assume that for now) sold at the peak of $11,500, means that you made $500 in raw profits.

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Other than that, this isn't the most volatile day ever if we purely look at the percentages. Back in the days a 25% up or down movement was just a few hundred bucks at most in fiat value, where it now (due to the higher price) is thousands of bucks in fiat value. At some point when we reach $100,000 these fluctuations will look even more severe, but in reality it's not that much different from how things were back in the days. I enjoy staring at the live charts all day, and at the same time keep an eye on this forum and social media seeing how people go nuts. It's 100 times more entertaining than watching TV.

I have seen a local site report that the bubble was bursting, but as soon as the market went back up to +$10,000 again, they corrected it. It shows how basically everyone not knowing how this market works bases its "market understanding" on how the market is moving up or down. If it moves down, the market is going to crash, and if it moves up, we're recovering again. I wish I could earn my money that easily with writing garbage articles. Other than that, it's funny how shocked people are when it comes to the wild market swings. It's like it comes as a complete surprise for them that this market isn't going straight to $15,000 and up, but instead, is moving down.

BitFlyer is really something. If this exchange manages to get all licenses, it does a far better job than all other incompetent exchanges right now functioning as illegal money transmitting service that are on the brink of getting raid. Bitfinex the joke that it is, but still enjoys the status of being the largest USD exchange by volume, didn't want to go through all of this and for that reason has excluded US citizens from their entire operation. I am however not sure how much success this move of BitFlyer will have since they to most people in the western world are still more or less a brand new player, or even unknown. At least I appreciate their effort to become fully compliant, which is something other exchanges should do as well, but don't do because they know they are rubbish.

I am a bit more conservative when it comes to discarding certain levels from being reached again. I definitely get it that people put a massive amount of confidence out of current bull run, and rightfully so, but the $9000 level isn't anything special, or something even close to a level that the market is willing to support. As we speak, the market is so extremely thin, that an old hand can easily tank the market far below $10,000 in an instant. Sure, the market will likely get bought up again, but if there are several old hands looking to do the same, things get a bit more serious. Even if we do happen to fall back to $5000's it's not that big of a deal. It's still 400% higher than the the 1st of January of this year

It's too fast for sure, but I'm not worried. I'm realistic enough to understand that we may end up going back down at some point, and for that reason will wisely secure profits at various moments. I firstly secured profits at just over $9500, and will secure the next bit of profits at $12,000, of course assuming that we'll reach these levels. It's impossible for anyone here to say something of value regarding how long we'll be able to maintain this bull run. This market has literally trashed like 99% of all predictions this year, and the 1% minority that was right, was nothing more than a good (lucky) guess. Just sit back and enjoy how your wealth is going up. What we're experiencing this year is not something we get to experience many more times.

If CME enters this market, then we have the highest possible chances of at least coming close to such levels. Without them it will be quite difficult. There will be a moment this market reaches a point where there is no room for (short term) growth anymore, and that's when things will start to come down again, and perhaps even result in a mild bear market as you pointed out. People should be prepared for that, and not see it as something negative. No matter how much we might end up going down, we'll always maintain levels far higher than what we started with before this bull run. Holding has pretty much been the best option to go for instead of trading, and will likely remain so for the next couple of months. The fairly predictable pre-bull run market is gone for now.

People in this market are very creative. If other ways of booking massive profits are more and more limited, the entities behind all this rubbish will look for alternatives, and in this case it seems to be forking Bitcoin. People are so used to this, that they don't see forks as a threat anymore like how they used to before Bitcoin Cash came into existence.

Greed that I to a certain extent can definitely understand. These forks will happen whether we as regular Bitcoiners like it or not, so why not take advantage of this opportunity and dump the shit out of these fork coins. I still haven't cashout out a single BTG. I'll just wait for the pump to happen, which is just a matter of time.

Ok, $10,000 is broken, and we're heading towards $11,000 now it seems. It isn't much of a big deal in terms of gains in percentages, but the fact that we are moving at five figure levels right now is very pleasing. The dump people were waiting for hasn't shown up, or it might still in the coming days/weeks. It's the Asian market that's steering this market to new record highs, where Korean nominated exchanges are close to $12,000 right now. Let's see how long we're able to maintain +$10,000 levels. If it could be done all the way till CME's 'judgement day', and they get the approval that would allow them to offer Bitcoin related futures, this market will go up even higher.

Start bid lowered to 0.005BTC.

Minimum bid increments still 0.001BTC.

Auction duration adjusted to 24 hours after last bid.

BIN lowered to 0.01BTC.

It's impossible to tell. They dumbly assume that if a coin hasn't moved for a certain period of time, that it is lost, which is something even noobs here seem to disagree with. Large holders nowadays are sitting on a decent chunk of BCC, which they very likely have claimed, or plan to claim. In order to do so, they first send their Bitcoins to a new address, and this means that these coins have been moved. In their eyes it means that they are back into circulation again, while these coins will probably keep sitting in their wallets for plenty of more years. These articles are rubbish.

People blindly assume that Satoshi was the only entity minting back in the days, but there might have been several people having done so. The only way to almost accurately claim that these coins belong to Satoshi, is that he first signs from the address the genesis block reward was sent to, and then do so with every address (thousands and thousands of addresses) each containing 50BTC block rewards.

Perhaps he will, but there is no point into doing so. If you don't properly take care of backing up everything, it means that you don't take things seriously at all. To add, even if he didn't lose access to his coins, he very well may have ended up selling his coins well before reaching $1000 for the first ever time. It would still have made him a massive amount of money, but by far not as close as he would when selling at current levels. Now we're talking about this, how about the guy who spent 10,000BTC to buy himself two pizza's? Every time this dude orders a pizza again, he'll enjoy them a little bit less due to that.

Nope. People want simplicity and usability in form of a direct web-interface, and for that reason won't go through the 'hassle' of downloading a piece of software that the average person isn't familiar with. If you didn't brought OpenBazaar to my attention by creating this thread, it wouldn't have come up in my mind at all, and that while I'm quite active in here. People who end up making use of this platform either do it because of them looking to obtain a certain form of privacy, or because of them not looking to be dependent on a central authority for principle reasons. In both cases these people know what they are searching for, and know that these alternatives are available, which doesn't really apply to the average person.

That. I just in case took profits at the moment Bitstamp has broken through the $9500 level, because I rather have a decent bunch of fiat aside that I can put into action in case the market doesn't break the $10,000 level and corrects. If the market is going up further, which may also happen, I have enough coins aside that I can sell at higher levels. That's the benefit of cashing out smaller fractions per time.

People have been waiting for a correction to happen for quite a while now, and it still has to come. I have never experienced this market in current strong bullish sentiment. Most of the things from the past don't apply anymore since we're dealing with various freshly contributing aspects. Happy holding people!

If you purely look at how much growth we have experienced this year, and just straightly assume it will stretch out till next year, then the $25,000 level doesn't seem like a major obstacle to overcome. However, we have to understand that the growth we have gone through this year is abnormally high, and will likely not be experienced in a similar fashion again in the forthcoming years. It's beyond insane that Bitcoin goes up like 900% in a matter of eleven months. These level of growth rates are usually only something happening with altcoins due to their insanely thin markets.

I believe that CME speculation is a major contributor towards current growth, and for that reason might push the market well above the $10,000 in the coming days. It might likely trigger some older hands to unload a fair bit of coins at these levels, which is why I took profits as soon as the market went over $9500 today. Right now it will be interesting to see how the market is going to act. It will either remain fairly conservative below $10,000 for the time being, because it's an important mental barrier. Or it will smoothly break through it and then trigger a correction shortly after that. In order to stay on the safe side, I took profits at my target price of around the $9500 level.

It shouldn't really affect the price much. Back in the days merchant adoption was reason for the market to rocket up significantly, but we're way past that stage. We shouldn't forget that the coins people spend to purchase goods through Bitcoin accepting stores, will end up getting sold on the market. It is however extremely bullish in the way that Bitcoin enjoys more and more world wide adoption, which is something people back in the days were only dreaming of. On the other hand, we shouldn't forget that Bitcoin by the far majority of the people is being used far more as an investment tool rather than a currency tool to purchase stuff. In that regard, I would be very interesting to see some actual usage reports every quarter or so, to see how much people actually use Bitcoin.

For those interested, here is a video (vlog) from a Youtuber named HowMuchBitcoin spending Bitcoin in Japan -> https://www.youtube.com/watch?v=W4J_myvNYG8