Don't confuse institutional investors with retail stock market gamblers. They're more like venture capitalists.

They don't buy to try to make a quick buck by selling and buying back. They buy to get in before the s-curve of adoption goes vertical and hold for the long run.

Yes.

No.

Of course anything can happen (back swan event) but the chance of it ever going below $30k again is extremely unlikely IMO.

We had our big correction. It may bounce around in the $35k-$40k range before going up to new highs, but eventually it will go up... way up.

I hope you didn't miss your chance to re-enter below $35k.

Good morning Bitcoinland.

Another lovely buying opportunity lost ($34380 Stamp) and back up... currently $36155USD/$46123CAD (Bitcoinaverage).

Maybe I'll get lucky and it'll still be under $40k on Monday.


You and me both. For you a wire transfer, for me a bank holding my funds.

Fucking a-holes.

We had the dump. It went all the way down to $30k.

Next big correction probably won't occur until after we hit 6 digits. Then it might go as low as $40k-$50k rock bottom.

Institutional investors don't panic sell. Past large crashes were the result of weak-handed retail speculators. They are no longer the majority.

Maybe we can spark him by posting something political.

How's this?

https://www.scientificamerican.com/article/the-shared-psychosis-of-donald-trump-and-his-loyalists/

 

More MSM anti-Bitcoin FUD.

https://www.ctvnews.ca/world/america-votes/large-bitcoin-payment-made-to-far-right-individuals-before-u-s-capitol-attack-report-1.5267149

If it's not kiddie porn, drugs or money laundering, it's financing terrorist organizations like MAGA.

Crept our way back up to all top 4.

ATHs soon?

Get the immigrants to do all the work?

Good morning Bitcoinland.

The bear trap has almost finished snapping shut, up over $40k ($40113 Stamp)... currently $39899USD/$50583CAD (Bitcoinaverage).

Still waiting for the sleazy bank to give me my cash. Looks like I missed the Great Buying Opportunity of 2021.

Oh well, at least I earned back the million bucks I lost in that silly little dip.

I'm still gonna buy as soon as I get my cash. Moar coinz please.

Fuck the banks. Go Bitcoin go.

Long-term HODLers who bought below $100 are even more comfortable... as long as they didn't do anything incredibly stupid like selling when the price hit $266 or $1100 or $19666 or $42000 (except perhaps a small amount to buy things).

As long as idiots people keep trying to use TA with Bitcoin manipulators will keep painting.

Weak hands sell. Strong hands buy.

The rich get richer and the poor get poorer.

Good morning Bitcoinland.

The battle for $35k continues... currently $34275USD/$43610CAD (Bitcoinaverage).

Still waiting for my check to clear so I can get my actual real cash and go buy some more coin. This buying opportunity won't last forever.

It's already been consolidating here for 2 days. It's bound to start going up again soon.

$5k?

Wishful thinking.

Good morning Bitcoinland.

Hopefully yesterday's $30k was the bottom of this correction. We seem to be consolidating in the mid $3xxxx range... currently $35205USD/$44950CAD (Bitcoinaverage).

Still waiting for my check to clear so I can take advantage of this buying opportunity.

Stay Bitcoin stay.  
___

Fuck politics.  

Good morning Bitcoinland.

I see we finally got the "big" correction we've all been waiting for... currently $33343USD/$42792CAD (Bitcoinaverage) and bouncing wildly.



Hopefully my check will clear before the price recovers too much. My brother's on his way with $30kCAD to buy more.

What a splendid buying opportunity.

Thank you retail panic sellers.

$56k then $350k

Back to bed.