Of course, it is ok to sell buy or do whatever you want. This is your money. Nobody said you shouldn't sell or buy.
Yet, you make a sell claim at a price that appears to be the bottom. Sure it can go down a lot more, but the odds suggest your advice to sell right now is terrible.
What is the reason for writing this? You had these thoughts in you for quite a while and thought of spitting them out AFTER Bitcoin dropped by 75%?

Right. The moment the first transaction out of an MtGox address takes place it is possible there will be panic. What make sense to me is to end with this situation the soonest possible.

Taking a look at prices at coinmarketcap isn't giving me hope we are at the end of the bear market yet.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.

There's an event we are waiting for that should finally end and that's no other than the MtGox coins release. Certainly, Bitcoin's price is decisive for the whole market.

Maybe the release of 100,000 BTC will not be that damaging. Sure if everyone sells, we will find new levels, but right now, I think it is the only event investors wait to begin buying both Bitcoin and altcoins.
Nobody wants to buy fearing MtGox holders will dump their forced hodled coins. Maybe they won't but it is fear of a dump that blocks many investors at this point.
The soonest the MtGox BTC are released, the better for everyone in this market. The FUD will end, and if prices drop then we get a discount.

So, all this talk was about the price?

I find Bitcoin obituaries hilarious, but the above sentence alone was my reason to respond. Your calculations are incorrect.
Price can drop more, but it will recover. I'm not going to sell you dreams of 100k, but you can make a decent profit buying Bitcoin exactly one year from now and hold for two more years.

How do you know it's not a "she".

I accidentally bumped on your post, and while normally I wouldn't respond,  it seems this situation makes you consider a decision you shouldn't. So, listen carefully.
You don't need to think about ending your life. What you need to know is that gambling will always keep you poor. You need to think how you will be ending with your gambling addiction.
We all fight with addictions but trust me out of experience, gambling is the easiest one to overcome. Gambling is rigged to keep you poor, don't let it command you.
You will make money again. All you have to do is to quit gambling alltogether.

What are you talking about. I got hard drives longer than that and they work perfectly.

Are you sure it was Bitcoin and not Linden dollars or any other in-game token? Plenty of in-game economies existed back then.
In 2010 (I think), someone set up an L$ to BTC exchange inside Second Life.
You don't remember which game you were playing or the website you used to buy Bitcoin, but you are confident you remember the date. Explain this.

The first exchange appeared only in late 2009 and you are saying early.
Also, you mentioned 2008, which is not even possible, since the Genesis block was produced on January 3rd, 2009.

Anyway, have a look at New Liberty Standard:(https://web.archive.org/web/20091229132610/https://newlibertystandard.wetpaint.com/page/Exchange+Rate) on the Waybackmachine. Maybe it will remind you of something, and you messed up the dates.


I'm not sure if wallets other than the Satoshi client existed in late 2009, so you would need to download the software and synch to the network.

That would also include learning how Bitcoin works since you didn't so far.


That was not Bitcoin, though. You would have been here earlier anyway.

See, your story doesn't check out. If we were playing poker, I'd call your bluff with Queen high, as it doesn't make sense.

There was a website we could call an exhange in 2009 [][url New Liberty Standard]https://web.archive.org/web/20091229132610/https://newlibertystandard.wetpaint.com/page/Exchange+Rate[/url]

On October 5, 2009, the New Liberty Standard established the initial exchange rate of Bitcoin, which saw $1 being equivalent to 1,309.03 Bitcoins. In the days of this exchange rate, it was not uncommon to spend thousands of Bitcoins on basic items, such as food.

No, that's not how it happened.
John McAfee was silling BTC and altcoins at the same time.

His first prediction was $100K not $1m. He somehow made a bet upon himself (to cut his dick off) if Bitcoin didn't reach $100K by the end of 2020. He then increased the stakes to $1m at some point.

Whatever this means to you, it meant a joke for John McAfee. If you didn't get it but took McAfee's word seriously that's on you.

You don't need heroes. Heroes turn into villains. You need a Bitcoin that is functional and decentralized.

Do you mean they buy accounts on Telegram and Twitter? I think it is easily observed. A genuine user base takes time to create.
There is marketing for sure and shills are often spamming so much as they did with Doge and Cardano, or earlier with XVG, Iota, Nano, and anything else was pumped.

During a bear market, almost every new project is going to fail immediately.
The funds required for the startup to begin will not be there, investors will not fill the presales, and scams will rule.
What could have a small chance to succeed, now has zero.
It takes backing from big exchanges and connections with investors for a project to succeed.

Having said that, I never stopped looking and will keep investing during the bear market appropriately.

But for anyone that considers leaving, know that this market will reward those that stayed. It is the time to educate yourselves.
I've seen even silly spammers changing their ways and realizing there is a lot more everyone can offer by changing their ways.
For now, it is the time we count losses, but also we strengthen and rise to the challenges we face.

Besides the new cryptocurrencies, from my perspective, I'd look more at cryptocurrencies that hold utility, keep developing and have a serious community.

PROOF OF REGISTRATION
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Treat the bear market as it will never end.

This means, buy but in steps and in projects that have long term potential. Meaning, take a look at what these projects have to offer today if they have nothing, then you risk too much. Take a look at red flags and avoid them. Study the community of the projects and look at the team members. Furthermore, examine carefully what an anon developer would have to lose if they rug everyone. If there is no reputation at stake, and no product ready, I'd avoid promises.

Let's remove BTC, why do you think Matic, Sol,and Dot are stable projects?

Especially Matic and Sol have proven they are rather unstable with their network in a poor state.

Nope. Russia will need to buy 80billion USD to cover for the trade balance sheet imports. It would be totally stupid buying 80 billion in BTC since there is not that much available on exchanges and will need to keep buying at prices of 500k and 1million USD if so much Rubble finds an entrance to exchanges or any OTC desks.

It could buy a few million here and there, and those selling will get visits from the feds.