In ancient Pompeii many people were needlessly killed the day their fine city was flooded by the local volcano named Mt. Vesuvius.
Later today, many good people could lose a lot of money when our fine community is flooded by the local volcano named Mt Gox.
Question: What really caused all those needless deaths in Pompeii?
Answer: People panicked.
The open gates of the city got blocked by a massive stampede of terrified people. The first dozen, or so, in front wanted to leave but their legs were pinned under 5 or 10 other people, who were about to die because they were also trapped under the people behind them.
Question: What can we learn from about all the needless deaths in Pompeii?
Answer: People shouldn't panic so much
Will the price of BTC open lower?
Is it really necessary for you to spend the next night and day nervously awaiting your chance to sell
before everyone else?
The great wall of sellers
used to be at $25, then a huge one formed at $20.Do you really want the next great wall of sellers to be at $2.50 or even $1.34?
1) Don't panic
2) If you can afford to (with money from selling above $20, for example), then get ready to buy, not sell.
When the Hot Deadly Lava from MtGox is Inches from Your Feet how Will YOU React?
Another topic for discussion:Why are people here so extreme?
Do you think we really have a lot of "suckers" who used money they cannot afford to lose? The bi-polar nature of our community is amazing. Maybe some rich banker is just messing with us and laughing?
What do you think about any of these ideas?