Yeah, those damn rich people have it easy. Meanwhile the poor folks like us have to wait at least a whole night to make that kind of money.

This weekend.

Yippee ki-yay, motherfuckers!

The comments section is not even worth talking about.

The ZH "news" are a complete joke too. Whenever they say a market "crashed" it always turns out to be complete bullshit or at least not something really worth mentioning.

Besides, they have been bashing bitcoin for years.... until this year, when they suddenly started praising it and educating people about it. It's just ridiculous. They have zero credibility.

Probably, because you see, the problem with bitcoin is that everybody holding is way too optimistic and greedy, and so the price keeps going up.
On top of this all the weak hands have been wiped out over the years, so only the strongest remain, which makes the market incredibly resilient to panic.

Dammit! I sold 10% of my holdings a few minutes ago at 9800 and it's already back above 10k. Why is this bear climbing up the tree! Get down already. I want to sleep well tonight

Who is buying at this price? I don't understand.

"Double your money in two weeks with this secret trick that economists hate!"

.
.
.

"Step 1: Buy bitcoins."
"Step 2: Wait two weeks."
"Step 3: Sell bitcoins!"

Why isn't there a youtube live stream with a bunch of people talking about it??

Yeah will someone take responsibility and freakin' do it already?!

Lose patience, lose money.

Rare? It happened 4 times in a two years period, and the last two times it was right after going 10X. The only reason it hasn't happened in a long time is because we were in a down trend for years before it started recovering in late 2015.

We are now 10X above what the price was 8 month ago, and 43X what it was 2 years ago with NO MAJOR corrections since then.

The value of anything is what we collectively want it to be, so if we all think 10K is the top, then it will be the top.

In the past we've had these bubbles (the general pattern is: way up, way down, up, stable):

$2 -> 7 -> 4 -> 5 and it stayed around $5 for a while. (40 and 30% loss from high)
$5 -> 17 -> 7 -> 10 and it stayed around $10 for a while. (60 and 40% loss from high)
$10 -> 250 -> 50 -> 100 and it stayed around $100 for a while. (80 and 60% loss from high)
$100 -> 1,100 -> 400 -> 600 (60 and 40% loss from high) and then it entered a down trend all the way to 250 (80% loss from high).

You can look at the chart here and see it for yourself: https://bitcoinwisdom.com/markets/bitstamp/btcusd

10k is a really nice round number, everybody has made incredible gains this year, euphoria is rampant, and everybody is worried about a crash.
What do you make of that?

Here is what I make of it:

$600 -> 12,000 (20x increase) -> 5000 -> 7000 -> And then god knows. It could go down to 3000 and under, or just stay around 7000 for a while before the next bubble.
And that's with the 60%-40% pattern. If it turned out to be more like 80%-60% that would mean the price going straight down to under 3000, then back up to 5000.

So I don't think 10K is the top. We will push past it in a last and desperate attempt to reach the moon (because we are greedy as fuck) then dreams will be shattered and much patience will be required.

The right time to buy Bitcoin is every month or week in small quantities.
By adjusting how much you buy every time based on the price, you will be able to grow your portfolio with a good average of the bitcoin price over a period of time.
This is by far the best way to lower the risk when buying bitcoin. If it goes up, you make less (but still make money) and if it drops, you lose, but you lose a lot less.

You wish!

Every time bitcoin has gone 10X and popped it lost over 50% of its value.

First time I see who is Roger Ver. What a piece of shit. I'm disappointed.

I hadn't heard it being called "Bcash" before, but I like it, I'm going to start calling it that.

Who thinks they're going to pump BCH again tonight?

Who knows if it's serious or not, and who cares? Like with all alt-coins one must assume that it's a pump-and-dump coin until proven otherwise. Just buy a bunch and forget about it.

BITFINEX price: https://www.tradingview.com/chart/?symbol=BITFINEX:BCHUSD

I started contemplating the idea of selling all my BCH when it hit $2500, and by the time I was done thinking it was already back under $2000