I've noticed some buy walls are already gone, we are going down.

It's a domino effect. Winklevoss twins, Tim Draper and other big whales could panic sell. Maybe, they are already dumping...

Are you saying your post is not sarcastic? Weren't you the one who said the price was going to zero? If not, I must have mixed you up with someone else.

I was stating what was going through OP's mind right now. OP thinks that Bitcoin is done for so they have joined the forces of the buttcoiners. OP thinks that if they hold it will just make them loss more.

Bitcoin IS an investment. It's the best investment in modern history. Comparing it with depositing to PayPal is outright silly since that's a loan to Ebay (paypal is a subsidiary to Ebay) while buying Bitcoin means owning a percentage of a limited commodity.

How can people not get this?

no way, give up your hope! there is no upward move, bitcoin is going to nowhere but down!
1m bid vs 1 sell = still going down

the final capitulation incoming!

Bulls are now making threads to comfort each other and convince themselves that this has all happened before and everything is totally okay as long as they keep the faith. This tells me that we're in the "fear" stage, if you believe in that type of thing. and if that's the case, I believe despair is next.. perhaps when we break $266. Things will get ugly here.

In two years we'll try to come back here and our browsers will give an 'HTTP 403 Page Not Found' error, because nobody will care anymore about a commodity trading for $1 and shop will close down.

YES WE KNOW YOU ARE A BIG FAN OF THE MOVIE FOOTLOOSE!

He's butthurt to the max IMO.

panic time boys, its going to single digits

Well said!

Fuck knows what you should do tbh. Markets are bitches and will always taunt you no matter what you decide. What you might want to take into account is not so much the potential 'woulda should couldas' that may or may not transpire, but your likely psychological states going forward.

Me, I have come out at $535. These latest Bitcoins, I paid $620 for. Generally speaking though, coming out after such a price slide would be a fkn terrible idea. However, I have lost thousands on Bitcoin since 2014. I am sick of it. I thought the market was going to go up, but it went down heavily. I am at my wits end and am utterly sick of Bitcoin and haemorrhaging masses of cash as a result of it, so even though I know I have likely chose a very bad time to exit my position, I am beyond caring. I just wanted to end my investment interest in Bitcoin in order that I can give my mind a rest from it.

I thought that it was likely to break out from ~$600 range, but it didn't, and recent events are making the charts look fucking horrible and there is every chance that $340 was not the low and I will get to come back on this forum and say that I was 'right' all along when I stated that I seen Bitcoin hitting the $200 range before the bear market is over. Of course, there is also the chance that some X-Factor will come into play and ignite a rocket under Bitcoin's arse. I always said that Bitcoiners will really hit the jackpot when/if Bitcoin starts being used as a means of capital flight and/or as a means of emergency circumnavigating fiscal controls and there is certainly a lot of instability in the world at the moment which is increasing all the time. So perhaps in 6 months time, your Bitcoin will be worth $2000! Or perhaps it will be worth just $200. But for me, I have been battered, bruised, and bloodied up enough by Bitcoin, I will take my remaining fiat at it's current value and tap myself out the game and you can be sure, that there will be fair few feeling just like, and indeed feeling 100 times worse than me (thinking specifically of that massive long squeeze on Bitfinex). That is what happens in a bear market, where liquidity is typically leaving the market, there is less and less to go around which results in more and more people getting battered and bruised enough to compel them to withdraw their liquidity from the market, was rinse repeat until the market has bottomed out.....truly bottomed out that is.

Really? I feel like we are constantly getting really good news, and no rally ever to be found. Now Braintree looks to be a test bed for Paypal to start accepting bitcoin. Annnnnd bet you we're gonna drop.......

I feel like I've reached a new level of bitcoin awareness. Screw guys like Risto, they don't know what they're talking about. Here's the real deal: We had a slight rebound from ~$500, but once again, it was on low volume. Do we really need to debate  what that means?

Unless Warren Buffet decides to invest suddenly, we are going down again. 100% certain.

Stamp still trying to break through $520 on weak volume, China trailing even further behind. It would take a brave (or just foolish) soul to go long in this spot. We haven't even seen blood in the streets yet, but it will happen.

I'm still unsure whether we're going to drop tonight, or if we'll move sideways until the weekend. I would guess $400s will happen sooner rather than later though.

Trolls are market makers, but plain cheerleaders won't see it. We are smart, we are strong, we are legion.

You never know the real motivations behind trolls trolling or what they are doing. It's not like plain fonsie buying 1 bitcoin to be millionaire a week later.