The retrace from $500 was the bear trap

[n691309]

... but for now its not a good time as the price crashed for more than 50 USD

...and that's just the beginning. Wait til you see what happens next

it will increase again, because it was a simple trap to accumulate more

this is a common pattern, for every new kind of increase there is a small retracement to consolidate the price, we can not sustain an increase without a stop at every step

I like you that you are optimistic and gives us hope that it will be back to ~$500 again, let's see if it increases by this weekend.

[richardsNY]

... but for now its not a good time as the price crashed for more than 50 USD

...and that's just the beginning. Wait til you see what happens next

it will increase again, because it was a simple trap to accumulate more

this is a common pattern, for every new kind of increase there is a small retracement to consolidate the price, we can not sustain an increase without a stop at every step

I like you that you are optimistic and gives us hope that it will be back to ~$500 again, let's see if it increases by this weekend.

He (Amph) doesn't get impressed by the price going up or down significantly at these price levels. He knows the long term will be much more rewarding if you dare to hold your coins. If you don't expect too much, then you won't get disappointed.

[pissedoff]

... but for now its not a good time as the price crashed for more than 50 USD

...and that's just the beginning. Wait til you see what happens next

it will increase again, because it was a simple trap to accumulate more

this is a common pattern, for every new kind of increase there is a small retracement to consolidate the price, we can not sustain an increase without a stop at every step

I like you that you are optimistic and gives us hope that it will be back to ~$500 again, let's see if it increases by this weekend.

He (Amph) doesn't get impressed by the price going up or down significantly at these price levels. He knows the long term will be much more rewarding if you dare to hold your coins. If you don't expect too much, then you won't get disappointed.

You won't get disappointed either way even if you expect too much you will be happy and a little expectation also will make you happy.

[richardsNY]

... but for now its not a good time as the price crashed for more than 50 USD

...and that's just the beginning. Wait til you see what happens next

it will increase again, because it was a simple trap to accumulate more

this is a common pattern, for every new kind of increase there is a small retracement to consolidate the price, we can not sustain an increase without a stop at every step

I like you that you are optimistic and gives us hope that it will be back to ~$500 again, let's see if it increases by this weekend.

He (Amph) doesn't get impressed by the price going up or down significantly at these price levels. He knows the long term will be much more rewarding if you dare to hold your coins. If you don't expect too much, then you won't get disappointed.

You won't get disappointed either way even if you expect too much you will be happy and a little expectation also will make you happy.

Look at what people were expecting from the Gemini exchange. People thought it would impact the price directly. After the launch of Gemini these people were immensely disappointed as nothing has happened to the price. Some were even saying it failed bla bla bla. That's what people do when expecting too much.

[n691309]

... but for now its not a good time as the price crashed for more than 50 USD

...and that's just the beginning. Wait til you see what happens next

it will increase again, because it was a simple trap to accumulate more

this is a common pattern, for every new kind of increase there is a small retracement to consolidate the price, we can not sustain an increase without a stop at every step

I like you that you are optimistic and gives us hope that it will be back to ~$500 again, let's see if it increases by this weekend.

He (Amph) doesn't get impressed by the price going up or down significantly at these price levels. He knows the long term will be much more rewarding if you dare to hold your coins. If you don't expect too much, then you won't get disappointed.

Old people sometimes are the smartest one because they have experience that's maybe the reason, but i expect $500 in few weeks to be hit the bitcoin price.

[AtheistAKASaneBrain]

... but for now its not a good time as the price crashed for more than 50 USD

...and that's just the beginning. Wait til you see what happens next

it will increase again, because it was a simple trap to accumulate more

this is a common pattern, for every new kind of increase there is a small retracement to consolidate the price, we can not sustain an increase without a stop at every step

All of the doubters that get in Bitcoin to make some quick cash and fail to understand the implications of the technology long term are all the people that will keep getting caught in those price corrections trying to play the market. It's unfortunate since all it would take is some patience to realize that you are being victim of constant bear traps.

[pissedoff]

... but for now its not a good time as the price crashed for more than 50 USD

...and that's just the beginning. Wait til you see what happens next

it will increase again, because it was a simple trap to accumulate more

this is a common pattern, for every new kind of increase there is a small retracement to consolidate the price, we can not sustain an increase without a stop at every step

I like you that you are optimistic and gives us hope that it will be back to ~$500 again, let's see if it increases by this weekend.

He (Amph) doesn't get impressed by the price going up or down significantly at these price levels. He knows the long term will be much more rewarding if you dare to hold your coins. If you don't expect too much, then you won't get disappointed.

You won't get disappointed either way even if you expect too much you will be happy and a little expectation also will make you happy.

Look at what people were expecting from the Gemini exchange. People thought it would impact the price directly. After the launch of Gemini these people were immensely disappointed as nothing has happened to the price. Some were even saying it failed bla bla bla. That's what people do when expecting too much.

Yeah that's if your expecting for the short term. If you expect a lot you will also need to be patience to wait.

[amacar2]

Always checking the curve, we can see people are not selling even though price crashes very hard today morning. I will be buying at this stage not selling for 400+, looking for 500+ again this year to sell.

[Emperor of Man]

I just hope it falls as deep as possible (say, $2xx), so that I can buy a nasty number of BTCs. After that it can go to moon, no problem.  

Why didn't you buy 2-3 months ago then? Price was comfortably in the 2xx range and now you want it to go there again to buy.

Buy opportunity in the 2xx range is gone, and now everybody wants it back because they have seen bitcoin can get some life in it again, which they doubted after it was in that range for a long time. First signal it was going to leave was the first pump to 315.

I did buy during that period. but what I have doesn't exactly qualify as "a nasty amount". Bad luck I guess, I didn't have enough money back then. Now I have.  

So, Mr. Bitcoin please:

[Hashminers]

I wish I can sell some of my bitcoin, but I have so little so I am just go to hold it for now.
I will just wait what will happen in 2016, I am just gana collect some.

[sishendaoye]

The price can go back to 500 very easily. I've seen some buy support on several exchanges. If we can hold bitcoin, will be determined by the support.
if supports keeps on growing towards 480 I am sure 500 and stable is something we see in 2015.

[uki]

Wil you get caught?

Sell now cry later.

until we pass $500 level on a stable basis, there can be always a double top. What is the reason for your optimism?

[panju1]

The price can go back to 500 very easily. I've seen some buy support on several exchanges. If we can hold bitcoin, will be determined by the support.
if supports keeps on growing towards 480 I am sure 500 and stable is something we see in 2015.

Yes, there has been strong support on the way down from $500.
We are still comfortably placed at above $420.
So another run up can easily be supported.

[TigerUppercut]

Now we go up Gentlemen 

[White sugar]

A 1 month bear trap?

Usually they are shorter, I don't think we are going to the moon as quickly as you say

[Nimbulan]

the price of bitcoins will surely go to 500 dollars in my opinion or even more it has a lot of potential to grow im pretty sure 500 dollars is just a beginning and the price will rocket up to the sky after a few years