toknormal could say the same about your response.

Look, I mean no offense here, but look at the chart first then make an opinion from that. Don't have an opinion first then match the chart to that opinion.

a correction to 6500 would be healthy.

Major downtrend??? you kidding right? the only downtrend is after the 2013 and 2017 highs all the ones before that are corrections. Corrections are normal and honestly what is needed at the moment.

In light of the Whatsapp incident, and the millions of privacy issues with phones. let me plug these guys.

https://puri.sm/products/librem-5/

Any privacy conscious bitcoiner (who will soon have plenty of disposable cash) should be buying this as their next phone.

I could put up the same chart with at least 10 actual resistance levels, than that pathetic effort, but it's not worth the trouble. This thing is going to correct, no doubt about it, but it's not because of that supposed level.

Spot on, as nice as this is it would be beneficial to have a little breather for a while.

I hope that is not meant to be TA, because if so that is the stupidest shit I have ever seen.

80k, sounds like a dream come true to me

Happy birthday LFC, and with Bitcoin at 8100 I imagine it is a very happy one indeed.

Actually, I'm pretty sure eBay and Paypal have split up completely.

Trying to work out what I enjoy more in life. Bitcoin or my family 

Well yes, mind you I already bought plenty over the last 6 months. Wanting to buy a dip at this time is just a little greed. At 100k we'll all be quite wealthy anyway, some more cheaper coins at this point just means we'll be a little wealthier. A little wealthier is not really necessary.

little pump there. I can't wait to see those shorts feel some pain.

The thing is, emotions to a loss like that are always hard to overcome and very normal. You have such dreams when the price is at the highs, then it is taken from you. Everybody is a fucking genius in hindsight too and they'll let you know that as the price is going down. Fucking no coiners.

This time you were buying coins at the low though, so that is a damn good improvement. Next time you'll breeze through it, trust me.

Your advice is spot on, buy in the bear markets. That is where the big money is made.

Bitcoin does ALWAYS recover. But, you have to know that as a fact, otherwise those fucking emotions will have you. And after 12 years of studying finance, the economy, government corruption, and big business ethics. I think I finally know the facts.

During the 2014/15 fall down to the low digits, I felt like you with this drop to $3000. I bought some extra coins in the $600s and when I saw that price drop down to $150 it really hurt. And the months of stagnation just destroyed the soul. This time though was completely different, it still sucked, but only a very little bit, because I knew it would go up again and regain my millionaire status. The sucky part was not the paper losses (they would be back) the sucky part was that I couldn't retire this year like I hoped.

You'll cruise through the next bust with a big smile on your face, because, not only will you be retired (if you desire that), you'll know that you're going to be even richer in a few years because the bust has allowed you to buy more cheap coins.

The wait is what will suck for you that is all.

It's a good plan and very similar to mine. If it goes below 5k I will be pumping in about 30k, just diversifying from some other assets.

But the most important is the what you call the new money. In April 2013 (when I first bought Bitcoin) to mid 2018 most of my paycheck dedicated to future savings/retirement went to a high (lol) interest savings account (big mistake). These days I only save in Bitcoin and as long as I have a paycheck that's how it is ever going to be from now on. Banks, can go get fucked.

The only losers here are the no coiners roach, gembitz, et al. end of story.

Yes, I remember people posting the addresses of the spammers at the time. That's the good thing about 1mb blocks, spamming gets expensive.

Hahaha, very true. The proof is in the pudding.

Most people will lose everything before they notice or are motivated enough to learn. Take Venezuela for example, you won't hear anything about it through the media, but there would have been a good minority of people who saw it all coming and left in time, as well as those who saw it coming and made sure they had only assets instead of their government fiat.

However, Bitcoin is the ultimate asset because it can't be confiscated and can be smuggled across borders with ease. I keep telling people imagine if, instead of gold and precious gems, the Jews prior/during WW2 had bitcoin. Not only could the ones who left taken all of their wealth, the Nazis would not have been able to steal the wealth of the ones who remained and therefore could not have prolonged the war with that wealth.

Very true. Understanding Bitcoin is only part of the equation, you also need to understand government corruption, how the economy is driven, and how money is created.

Bitcoin would be a rather unnecessary curiosity if governments really worked for the people, the economy wasn't dependent on ever increasing levels of debt, and private banks weren't allowed to create money through lending.

Once you understand everything it becomes very clear that not only is bitcoin a necessity in this world, but one of the few hopes that the people (labor) have over the rich and powerful (capital). Any who deride Bitcoin don't have an overall understanding of the elements listed in my first paragraph, or would benefit from Bitcoin's demise. That is why you don't need to listen to the naysayers, just educate yourself instead until it all becomes clear.