Bitcoin showing it can take a big punch

[cellard]

Whoever expected this would be a smooth side all the way up was dreaming. Along the way, we will take a lot of hits. If you are fighting against the status quo to stablish yourself as a decentralized currency you are going to get hit, we will see weak hands and whales selling, it's all about how bitcoin can take the damage. Just like in boxing, you are going to get hit, it's part of the game, bitcoin just got punched the fuck out but guess what, it's still standing strong. In the all time graph the red candle makes sense when compared to the rise (even tho it could have kept rising, it's a gamble to short). Now we are sitting at 950 looking to test 1000 again. The journey to 10000 will have dips along the way, nothing to worry about.

[RodeoX]

I agree. We must have a lot of new people here because this is nothing compared to drops we have seen in the past.