That's what I was talking about. For me 600Watt is a true inspiration of a resilient hodler. I gave my last 2 merits! I suffered the same hardships for the last 2 years. I learned quickly from my early mistakes and then I endured hodling in 4-5 cycles of profit/loss. And I don't feel the need to have fiat as an insurence to keep me calm. Yes, I check the price a bit too much, but I don't get too excited when the pumps/dumps occur.  Now I have some profit which I sacrifice for a profit that will meet my life changing needs. One day. I hope. Nothing else can give me such a big hope to become a millionaire. Not my work, not the lottery for sure. With my modest income I catched the last train. For this purpose I need only to stick with my personal strategy to invest until I start cashing out the corresponding coins with 10x+ profit. (I am not saying that in 10x I will be a millionaire. It's just that I can build a big house and live a normal life with the profit.) Nothing less works for me. And not even one attempt to increase my stash by trading, because it can destroy my plan. No need for that!

Of course, Mic, nobody is forbidding anyone from speaking. Obviously not even neo-nazis like r0ach, unfortunately. But there are people who may be tempted to use their reputation to imprint fear in the others (which is a definition of FUD). How we can recognized it? If that person starts with something like "Bad news" when there is no news, or makes a bearish predicition which he repeats... I don't know, may be 10 times or more in the last 6 months. And if he openly admits that he missed the oportunity to buy at some price. Then it is obvious to me that we should not be influended by his dramatic chart analysis. That's all.

May be they are wonderful persons in real life, but not everyone is so good like you Mic to give prizes and encourage others with the best possible advices. I've became a convinced hodler because of people like you, JJG, 600Watt, LFC Bitcoin, etc.... I mean, my ideas, education, understanding about Bitcoin meet completely theirs. Not because I believed the gloom and doom predictions. So my mission is to say openly the truth and encourage all to turn their back to the panic selling or waiting for unreal low prices because of trolling, FUD, etc.

And as for lambie and mindrust, I believe they need some time to develop the right thinking. In this respect I said they are new to the Bitcoin world. Others learn faster. I needed only 10 months in the midst of all the fork and Chinese ban drama to develop my thinking and mental resilience both in losing and winning periods. But not everyone is the same. The problem is that the time is limited. And if someone is on the wrong track, soon he will miss the last oportunity for a massive profit.

The article was updated here:
https://www.coindesk.com/bakkt-says-its-cleared-to-launch-bitcoin-futures-next-month
See also their official announcement:
https://medium.com/bakkt-blog/cleared-to-launch-8dfc3e6f9ed0

Bears plans for sub 10K are caput. Bakkt trumps the Chinese FUD 

Finally, they got the approval! Let's see if the market will react positively to this huge news! It seems for now that the upward movement has resumed.

Finally, my deposit of $300 arrived at the exchange. Unlike some others, I enjoy market buys no matter the price. After 2 weeks I will buy with another $800. I will sell them when I make a 10% profit.... Just kidding of course. Anything under 1000% profit is out of consideration for me.

And all goes to my HW. Although some of the investors trade with a portion like 10%, I refuse to trade. The reasons are multiple - not your keys not your coins, hazards of the market and last but not least, every selling damages the ecosystem. Imagine if all investors decide to sell 10% of their stash after each small increase on 3-4 exchanges. That's around 1.8 mil coins (or a "bit" less if we count the lost coins)! So, for me such bahaviour is irresponsible and holding back the growth of the price. Thanks God not everyone is like that.

Any post starting with "bad news" smells like FUD to me. Recently both mindrust and lambie are posting their predictions based on nothing (I recall a better expression, but I don't want to be rude because I really liked these guys at first). It looks like they are trying to influence the others with their repetetive 4900 resp. 7000-8000 claims. Guys, you are very new to the Bitcoin world. The market punished you for 6 months, now you are hoping to catch back what was missed. It is better to be honest and not lie to us. Learn your lessons, invest regularly and don't try to cheat the market, it will bite you. Leave the trade and FUD trolling to the pro's.  Don't go to the dark side!  

Observing $10350. This is not only a good 10% recovery but also a strong bullish signal. To be able to cross two resistance lines at 10 000 and 10 200 less than a day after the bottom at 9400-ish is awesome. The major resistance at 12 000 is the next big target. This time there will be no mercy. Go bulls, go! 

This is really sad for all these people that dump as if there will be no tomorrow. I can understand if some whales/hackers had to sell tens of thousands of coins for some reason, but I can't understand those who are led by emotions and lose much in a matter of hours. The 4/6 hour RSI has never been that low... may be when they dumped from 6400 to 3100. Anyway, I initiated a small $300 transfer to an exchange a little bit ahead of the plan. After 2 weeks I will be able to buy coins with another $800. I won't need money until 2021 at least, so this is another good opportunity to increase my stash. And I can wait much longer if that is necessary to get at least 10x profit.  

Wow, what a 10% crash!   Is that the reaction the bears were hoping for? Because nobody cares.  The bull mood hasn't changed. Even alts are gaining related to BTC, which is a bullish sign. So, if a few organized bears drop 100K BTC on various exchanges for a day, it is their loss only. By now even the new kids heard about the coming halving, so nobody is thinking of selling.  277 days only, so BTFD!

I almost regret spending $800 on my vacation, but on the other hand I skipped last year and was buying like crazy.   I will continue to convert my salary by instant buying. Hopefully I will be able to buy with about $600-800 at the end of the month. I noticed a post here of some thought from twitter, that times has changed and now hodlers keep as much fiat as they are ready to lose. So true, especially regarding the credit cards and deposits in shitty banks in shitty countries!  

Currently Argentina is an expample of a hyperinflation, where Bitcoin has a 10% premium. 2-3 decades ago my country had a horrible hyperinflation. Our savings were completely annihilated by it. The banks were tempting by very high interests, but the local currency lost 98% of its value to the $ in  3 months. And the salaries dropped to 3-4$ per month. Not that now they are especially high - the average salary is $800 per month. So more and more people decide to withdraw from the banks their savings and buy and hodl bitcoins. The banks are scared and some of them don't allow transfers to and from all crypto exchanges. Fortunately, there are several banks that still allow it. But it is better to be your own bank by storing your coins on HW or other ultra secure way.  Considering some deposits require 5 years before withdrawing, with 1% interest, imagine what will be the price of Bitcoin in 5 years. There will be 2 halvings by then. 50K, even 100K, doesn't look so impressive, right? Who knows, by then Bitcoin may be chasing the gold's cap.   And if you keep only 2.5 BTC, you will be a millionaire then.

Because he is a chart pundit. But there is another solution to his linear problem, besides a crash to 10600 now. If he draws a parallel line at 11400 he will get another crossing point in a week or two if that is what he is looking for.   Oh dear, such n00bs are cracking me up with their charts skills   I would bet that they will hardly get more than 30% profit in a good bull year with a 400%+ increase like the present. And then they will come here full of pride and joy and teach the holders with 100x profit.   Hilarious!

I really doubt that ETH 2.0 upgrade will start in Jan 2020. There is still much work to do that can't be accomplished by then. And there is no point to set a date before the Bitcoin halving, since the main flow of capital will be in Bitcoin at that time. But if the upgrade starts in 2021, this will be better for ETH. I guess the price will continue to move in 200-300$ range, although a crash back to 80$ is still possible. But let's not forget that yearly 18 000 000 ETH are mined, which is about 18% yearly inflation. The pressure of the miners selling out is always a big factor. On the other hand, after the Casper or whatever they call the POS upgrade, the yearly inflation will be less than 2% if there is at all. It depends how many will stack ETH. Once the pressure of the miners selling is removed and an upward trend starts, there will probably be another huge increase of the price up to 0.1 BTC or even higher. The question is how many will have the patience to lose money until that recovery. Not many I guess.

Disclaimer. I am a miner with 5% of my stash in ETH. The rest is in BTC. I have no plans to invest in near future in ETH and wouldn't advise anyone for that. But for those who hold some (I have some friends that ask me the same question), I advise not to sell and wait for better times.

For me August is perhaps the most stable month regarding the price. After the bull runs and the following corrections are gone, the price stabilizes as close to the real sustainable price as possible. For that reason, I've made a small table of the prices on 9th August for the last years and a prediction for the following 2 years.

Aug 9 2015 - $260
Aug 9 2016 - $589 (2.26x increase comapared to the previous year)
Aug 9 2017 - $3 400 (5.77x increase comapared to the previous year)
Aug 9 2018 - $6 500 (1.91x increase comapared to the previous year)
Aug 9 2019 - $12 000 (1.84x increase comapared to the previous year)
Aug 9 2020 - estimate $24 000 (2x increase comapared to the previous year)
Aug 9 2021 - estimate between $48 000 and $138 000 (between 2x and 5.77x increase comapared to the previous year)

Good morning WO! It seems that the support at 11400 has increased dramatically in Bitstamp. May be another leg up will follow shortly that will lead to a new AYH. Holding my breath  

Shake, shake, shake, shake, shake it off
Weak, weak, weak, weak hands, fuck off
Enjoy your cut loss, loss, loss, loss
Shake it off

During the winter of 2019 I was mentally preparing for 10K sometime around Dec 2020. I wouldn't give even a 1% chance to stay above 10K in the Summer of this year. For >20K It didn't even cross my mind it was possible this year. But here we are - nearly 12K for the 3rd or 4th time this Summer. With that pace we will be >20K way too soon than most of us expected.

I've read multiple times by newbies in this thread that the 2017 run can not be repeated because then Bitcoin was in the news all over the world and that caused the run. This is BS! This happened in late November and early December when we were already around 10K. Do you think that many peeps that heard about Bitcoin, say in 1. Dec 2107 registered in some exchange and bought by 15Dec? No! I know thousands of people because of my occupation and I must tell that not even 0.1% of them bought bitcoins. On the contrary, because of their ignorance some of them bought the leading 3 shitcoins which names I don't want to write. Why - because they looked cheaper from a few dollars to several thousands (never heard of a market cap, n00bs). Now each of them changed their mind and regrets for not buying at 3K. I encourage them not to wait anymore but to act decisevly and invest now.

TD;LR What happens now is a natural growth because of the lack of supply. The average Joe is much more informed now and prefers to buy and hodl and not to gamble on exchanges. There are some psycological barriers like 20K, 50K, etc. but with time each of them will fall. 286 days before the halving and nothing to be afraid of. Buy and hodl!

This made my day 
Oh, dear, you are not joking.



Do you realize that if you bought and held since Jan-March to now, you would be sitting on at least 350% profit? I don't think there are sane peeps in this thread that enjoy 24% profitl?!? What is that?!? Not to mention the majority here who invested in 3 or 2 digits and still didn't cash out that much? You must be a newbie both to WO and Bitcoin. Oh, boy, another proof of my earlier posts that most of the daily traders barely get any % of profit, while hodlers enjoy profits like 3x-10x-100x etc... 

Good morning WO gang! It is so refreshing to wake up with a 8%+ daily increase and 25%+ weekly increase. It is equally fun to see a 10x increase of ignored troll's posts here. The pain must be real. Shitcoins and shorts getting rekkt again like:

Usually, this thread is flooded by trolls during dull and bad days, but why today?  I don't get it.  Unless... they are so desperate having sold too early and seeing now the price, so the only thing that comes to their sick minds is to come here and do some shitposting with the same taste in their mouths. Guys, get a grip, Bitcoin is heading for another massive and long bull run. Buy now, hodl for 3-5 years and all your misery will be gone one day when you see the result. But if you are thinking that you can make a big hit with some pump/dump shitcoin, this is your sick brain that will lead you to a destruction. Nobody here is to blame when you cry in pain and misery. Transaction fees, speed, bla bla bla. This trick will not work on the minds of the jedi here in WO!

And back from my beach holiday   It is so refreshing to see that we are well above 10K again! During the holiday I tried to look at the price as little as possible, but I couldn't resist. Yeah, I saw that dumbass whale dumping from 10200 to 9500. Another super duper clever shorter on Bitmex, I guess. Anyway,  July is traditionally a weak month for the price. So, staying above 9K and even better above 10K is a strong bull sing for the coming months. With the support slowly but steadily building up, the chances for a plunge below 9K are getting slimmer with each day. Recalling that earlier this year we were hovering on the rim of 3100, this price development is simply amazing. To be honest, I was thinking that reaching and staying above 10K would be possible sometime around the halving or even later. Now I am thinking that breaking the ATH in the worst case scenario is due to arrive around the halving. But most probably, Bitcoin will surprise me again with an earlier ATH (may be this is the beginning of the bull run for it).