You guys are thinking way too rational here I'm afraid. A great many mt. Gox holders were "done" with bitcoin after mt gox and still are. Also note price is still up 10x since then so this money, they thought they lost, feels like a windfall to them (and not savings).

Add to that the percentage of mt gox creditors who are in financial duress, by w/e reason, and I believe there will be huge selling pressure from the mt gox coins being distributed. But hey luckily by the time there will also likely be significant upwards pressure so maybe it will only cause longer consolidation or slower growth.

Agreed, Mt Gox creditors have been in the game longer than most and understand these are dirt cheap prices. If they were to receive fiat and BTC around this price range I believe most would be converting fiat to BTC and hodling the BTC they receive. Its not like these coins are being sent to buttcoiners or central bankers, Gox creditors are mostly true believers.

However if prices are above 20k when funds are returned, then sure, Id guess many would be dumping some coins.

I get your point, but that would be a terrible waste of valuable BTC.
Enough is lost already.

Crazy how much more Bullish things are than 2015. Just to name a few...

oh thanks, that's called scalping. Here I learn something new every day

did some bears just got recked?



edit: this is a bitfinex chart, on bitstamp it does not look that violent

I don’t know, but this Tiny sparkling fish just woke up

Good morning WO’s

 Too drunk to give a singular fuck.

First they laugh at you



https://www.coindesk.com/cryptos-not-a-substitute-for-the-yellow-metal-says-world-gold-council

Hey buddy, I won something on the internet.  Can I send it to your place? It’s too dangerous to send to my place

I think IOS/Android is already good enough if you only keep small amounts in your wallets and If samsung comes up with a very good security then they might even replace trezor&ledgers. I still wouldn't put more than a couple of hundreds on that phone but I also don't carry much cash with me anyway.

So whether it is Galaxy S10 with super security or iphone 7 doesn't make much difference to me. If your phone gets stolen, your money is gone. The only difference is, the thief probably won't be able to steal your coins from the s10.

I also don't think people would keep their life savings (like $50k or $500k) on that phone neither. Because no matter how good the security on that phone is, I wouldn't trust samsung. I don't trust trezor or ledger neither.

So what's the point?

i dont recall jbreher ever saying to dump btc for bcash_lol, at least here in WO. he has made a choice based on his understanding of the protocols and potential advantages. hes well aware of the potential use cases of each. and hes one of the smarter people here and at least understands both sides.

now, i dumped my bcash_lol except for a small amount im to lazy to do anything with. im a 100% believer btc.

please note im not defending jbreher, he is perfectly capable of defending himself fine. i just think your post comes across as crass, misleading and generally unbecoming of a WO participant.

  Getting a PO Box is a good way to prevent this.  

Hope you all have your 80x longs in place by now. Even you bitserve.
Getting ready for a breakout, rekting shorts, mouths, and ass holes on it's way.

Up you go baby!!

Lot´s of hodlers feel that way I think and it is refelcted in the charts: bears somewhat exhausted, but bulls still a bit shellshocked from the November dive. Even hodlers that would want to even go down with a sinking ship had to consider to sell in order to not go down completely in real life.

Hey.. bitserve, ... a few posts back Searing confessed to an amount of BTC sales and the amount that he has so far been able to purchase back (presumably at a bit lower prices than the sales price).

I can relate to his situation, but I don't want to provide that many specifics about things that can happen to cause a person to sell more BTC than preferred.  

I do believe that it is less of a BIG deal for HODLers like Searing and perhaps others in similar circumstances to be forced to sell part of his/her BTC stash when their BTC stash is in decent profits.  It would be much less desirable for someone to sell portions of his/her BTC stash if the BTC stash is not in profits.... which would be a sign of having had over-invested at too high of a price

Currently, I have re-established decently strong BTC buy back points at several places between here and $2k.. including several additional buy back points that I have recently re-established in the supra $3k price arena.  

If I don't buy back (because the BTC does not reach those buy orders), then that is o.k... too...   Like many BTC HODLers/accumulators in this thread, I feel that I have stacked a decent quantity of BTC to feel a preference for going UP.

Also, when the BTC price does begin to go up (that is if it does), then frequently a lot of us will be posting our regrets that we did not buy a bit more at $3,xxx or whatever other number that we failed to execute our buying of BTC.  On the other hand, the reality of the matter is that with our total cashflow and cash availability, it might be foolish to buy exactly at these prices and even at any supra-$3k price because we might not have enough fiat, in reserves, to justify such a purchase... and still be insured for sub-$3k, if it were to happen in the coming months.

Fair enough...

Just like any good inside trader, you should not disclose to us about the exact end of your capitulation until you have well-established your BTC stash.    just saying.