This whole story from 150 to 1200 then back to who knows what... it's all gotta be fake...

Financial institutions played us and this is how they got into Bitcoin. Huge orchestrated pump and dump, using China and misinformation.

There was no China boom. There are no chinese buying btc pizza. There are no chinese crashing the market.

I bet it was all western USD in disguise..

Ask yourself one question.   What do you think people on the East Coast of US will do when they wake up?   Say WOW those are cheap coins.   Or, panic in the streets?

I'm "too old" for many things, but not for wishing the world to change: I have kids, and I'd prefer them to live in a better world.

A lot of people seem to forget that BTC was designed by Satoshi Nakomato to disrupt factual powers and to challenge the people that actually rule the world - the bankers.

He knew that the probability of BTC being banned/attacked was HUGE, and that's why he took so many precautions to remain anonymous. A lot of wanna-be traders seem to forget that and just get excited with their unrealized fiat profits while they day-dream about the Ferrari they will buy next year. Probably Satoshi is laughing at that, while is without any doubt a good thing for BTC viral adoption - there's no better fuel than greed to move human beings.

Of course if BTC finally succeeds there is also a substantial economic reward by being an "early adopter". But this is a dangerous game. If you are not prepared to see BTC banned, BTC holders prosecuted, and/or BTC eventually going to 0 then you don't really understand what BTC is and you probably made a huge mistake investing your time and money in it.

I don't think it will go much lower anymore in the short term. Even if they sell it to zero in China does not mean that the west would not have competition on who would get the cheap coins. Short term we are very oversold and it is only a liquidity/waking hours issue to go back up. The fact that there is a huge arbitrage coin influx from China dampens it a "little bit", though, but this is already in prices in the west.

The exponential trend (now at $437) was touched, which means that longer term bitcoin is no more overvalued. I regard this as a good entry point and have bought thousands of bitcoins yesterday and today, closing all speculative short positions at a nice profit and gone speculative long with funds I need in 1-2 months.

My last bid in Bidstamp is sitting at 421.42, please somebody sell into it!

Things look similar to April.

On 12 Apr 12pm (UTC, same below), it made the first low at $54.25 (gox), or 1.70x of the last ATH of $32

Then on 16 Apr (Tuesday) 7am, it made a lower low at $50.01, or 1.56x of the last ATH, or 0.92x of the previous low. This is also the all time low so far.


On 7 Dec 7am, it made the first low at $542.38 (bitstamp), or 2.04x of the last ATH of $266

Then today, on 18 Dec (Wednesday) 8am, it made a lower low at $473.01, 1.78x of the last ATH, or 0.87x of the previous low

Do the underlined figures look very similar?

For those who stayed here long enough should remember what happened after the $50.01 low. If the history will repeat, US people will decide to buy when they wake up.

Good morning guys, what the hell is happening, I don't want to read all 20 pages !!!!!!

$593 now on Stamp.

Even the full weight of the Chinese dragon could not save Risto.

I need to go to sleep..

Should I go full fiat tonight?

I've never done that. It scares the shit outta me...

somtimes i just want to dump all my money into BTC and run away from my problems 

BUY BUY BUY!