Personally I'm a little surprised that the price isn't lower than it is in China. The amount of buyers should be a lot lower now than a month ago and being that the miners are dumping 50 mill worth of bitcoins every week, I don't understand how the price is sustained
Any good place to get instant news about btc, like app or twitter? I usually follow the market at bitcoinity, and have done so for years, but most of the time I have no clue why lots of people decide to buy/dump all of a sudden.
As always, what people say on this forum is very far from reality and everyone is only speaking out of self interest. People screaming "HODL" from the bottom of their lungs and newbies listen. I held through the 2014 disaster and I have been beating myself up for it ever since.
This time I sodl and thank fuck for that. Rebought again at 3,4k which netted me 5 bitcoins. Had I held my coins and bought 5 coins it would have cost me $17,5k.
I don't think we are done though and I'm a little afraid of a bear market like 2015 so this time the coins will be hanging very loose.