BTC from 240 to 50

[singla.aman]

Technically speaking, one can make money if one borrows and sell. (Short selling)

I don't think there is a mechanism of borrowing and selling in bitcoins right now, so no one made money on the downturn.

But, people who wanted to get in at the dip are the real winners here. They got a lot more than what they wanted.

[Drimacus]

I hope you guys sold in time. Sold mine at 185. Could be better, still pretty decent

[agentbluescreen]

who made the money when the bitcoin price plunged? stock trading(bitcoins) is zero sum a winner and a loser, my question is who won when the price came down?

I did. Got in at 120 +- and out at 190 +-.

Overall less mad fees I got about a +50% return in a few days

[zombariah]

It's really interesting to see this stuff develop over time...

[bitjay]

Panic was the reason.

[previse]

I personally think BTC will launch a bit higher than there former peak, and possibly stable out. Essentially a spike graph, super highs super lows and eventually stable..

What i'm keeping my eye on are LTC

[puffpuffpass]

and then right back up bitch

[dennis97519]

er...will it have a chance to drop below 30 again?

[puffpuffpass]

er...will it have a chance to drop below 30 again?

no, dumbass.

[funkmunk30]

bitcoin prices and bouncing balls...both fun to watch go up and down til it falls into the sewer

[syn999]

like kaiser said, strong holder eat weak ones at those times.
those time mean price bounce hard

[deac]

Waited for bigger drop but no. Interesting to see is there a second drop when price rises a little more.

[syn999]

Waited for bigger drop but no. Interesting to see is there a second drop when price rises a little more.

ofc there will be, increaseing in user or DDOS or watever other reasons

[Emomorfar]

We are getting back up on the horse again do not worry 

[dwdoc]

Seems to be holding above 150 for now.

[shawtux]

here in chile is a pain to buy. all systems to buy bitcoins are either very expensive or unavailable.
wish i could buy and mine.