I was indeed surprised yesterday, not by the sharp dive, but by the irrational response from bitcoin holders. This event indicates a harsh fact: so many people don’t deserve the bitcoins they hold, the real rise will not begin unitl their conis are washed out.

When I started my website, someone asked: “it seems too good to be true, buy some bitcoin and become a millionare several years later”. My answer was: “but you may not be able to hold them for several years”. 4 months of bear market recently prove that the majority of people indeed can’t keep their coins. They will not make money even if bitcoin rises to the moon.

Yesterday, Americans took no action, indicating that there is no more funds from retail investors, big investors are stilling waiting for a lower price.

FIRMLY hold your coins and do not be concerned about fluctuations in the short run.

Altcoin index today is 8.74,down 2.8%; altcoin index 2 is 2.93, down 0.7%,it can be said that altcoins are no longer panic, litecoin is an exception recently, it dived to as low as 1 RMB in huobi.com due to huobi.com's marging trading business and market maker's manipulation.

If you are bold enough, you can gamble on Aururocoin, it will be distributed 2 days later, it may rise within these 2 days.