Bitcoin, and basically all bogus crypto currencies, are essentially dead. Shot up like a rocket, and now floating down. I said around the 16, 17, 18K area...to be prepared to short it, this will definitely crash.
Maybe so, maybe not... You yourself say you don't like to make long term predictions... If the market decides there are better coins, it will and it should die. But not all will die... Survival of the fittest applies... Cryptocurrencies are here to stay... Which ones will live on, time will tell...
So how does it feel to be a billionaire now? Because you did take your own advice and shorted the f*ck out of Bitcoin, right?
I thought being a billionaire would make me magically happy overnight...strangely enough, it doesn't. (I have to lose my virginity for that.) Bitcoin's rise and fall feels like slow, long-term, boring investing to me. I experience my own Bitcoin mania euphoria in the market...every single new trading day. My personal trading style, and risk/reward appetite, is like broadband internet -- while everyone else's is dial-up. I feel like eating a nice, medium-rare, porterhouse steak tonight from a restaurant, One of life's true pleasures, not money or success.