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A bit of crypto history, and the origins of HODL

The 2013/2014 crypto cycle, was engaging, it was like a soap opera on steroids.

You binge watched the charts realtime, bitcoinity had animated gifs, for every 100$ reached, and the chase on the mysteriously Satoshi Nakamoto was on.

The father of crypto

We may not know who the mysteriously Satoshi Nakamoto is, even though there have been several failed high profile attempts to unveil his identity. Including a 2014 hit piece from newsweek [https://www.newsweek.com/2014/03/14/face-behind-bitcoin-247957.html](https://www.newsweek.com/2014/03/14/face-behind-bitcoin-247957.html)

that a day after resulted in almost live updated coverage, of Dorian Satoshi Nakamoto, being chased in his car by loads of journalists, while doing an interview with a journalist from Associated Press. [https://www.latimes.com/business/technology/la-fi-tn-bitcoin-founder-la-chased-20140306-story.html](https://www.latimes.com/business/technology/la-fi-tn-bitcoin-founder-la-chased-20140306-story.html)

A year before that, another historical event took place.

The original HODL’er.

Bitcoin talk was the place to be if you wanted a head start, mining new crypto currency projects, and talking with like minded people about crypto.

A day in december 2013, user GameKyuubi posted an entry titled “I AM HODLING” on the forum bitcoin talk.

Here is the post:

[**I AM HODLING**](https://bitcointalk.org/index.php?topic=375643.0)

“I type d that tyitle twice because I knew it was wrong the first time.  Still wrong.  w/e.  GF’s out at a lesbian bar, BTC crashing WHY AM I HOLDING? I’LL TELL YOU WHY.  It’s because I’m a bad trader and I KNOW I’M A BAD TRADER.  Yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a millino bucks sure no problem bro.  Likewise the weak hands are like OH NO IT’S GOING DOWN I’M GONNA SELL he he he and then they’re like OH GOD MY ASSHOLE when the SMART traders who KNOW WHAT THE FUCK THEY’RE DOING buy back in but you know what?  I’m not part of that group.  When the traders buy back in I’m already part of the market capital so GUESS WHO YOU’RE CHEATING day traders NOT ME~!  Those taunt threads saying “OHH YOU SHOULD HAVE SOLD” YEAH NO SHIT.  NO SHIT I SHOULD HAVE SOLD.  I SHOULD HAVE SOLD MOMENTS BEFORE EVERY SELL AND BOUGHT MOMENTS BEFORE EVERY BUY BUT YOU KNOW WHAT NOT EVERYBODY IS AS COOL AS YOU.  You only sell in a bear market if you are a good day trader or an illusioned noob.  The people inbetween hold.  In a zero-sum game such as this, traders can only take your money if you sell.”

“so i’ve had some whiskey
actually on the bottle it’s spelled whisky
w/e
sue me
(but only if it’s payable in BTC)”

​

He was right! The rest is history.

Keep in HODLing <3



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