I think Bitcoin has financially raped enough people ... seem to be going up again. Congrats we survived another dip of Bitcoin.
Wouldn't be surprised if we go sideways at 10k for a while.... or get some crazy flashcrashes.
On the way up we will get some people leaving at 19k since they want to get out break-even
It could be Bitcoin itself, but i'm 100% sure that it's not just bitcoin but the people as well having Fomo and such abuse/pumping/dumping. And the FUD's/Media are also the number one benefactor why people sell coins, scalpers not investors i guess.
I think Bitcoin has financially raped enough people ... seem to be going up again.
It's not Bitcoin ..... people, but people ..... themselves.
Congrats we survived another dip of Bitcoin.
This correction is an utter joke compared to what happened after MtGox decided to say goodbye. ~$1200 to ~$170 was Mark Karpeles's goodbye present. I gladly accepted that present since that was the last time I managed to buy sub $200 coins. Good old times.
On the way up we will get some people leaving at 19k since they want to get out break-even
I'll gladly welcome them back at the moment they re-enter the market at +$25,000 levels.
I already see threads popping up months later asking whether or not it's a good moment to buy at $25,000. That's how things always tend to go in this market. People gain confidence the higher the market increases, which is why they always end up being late to the party.
I agree with you sir, no one to blame other than us people.
For me the Golden times where back in 2011 when i almost bought bitcoins but i did not. And it was one of the biggest financial regrets i ever have up to now.
FOMO will always be there, it's a good sign i guess. Some people just doesn't have enough resources both information and financial.
And people who got late are being scalped by bounce players and whales. Sad truth and it happens to some of us here as well, but buying BTC is still better than investing in a bank. Bank investment in it's true form is just a way to scam people, making them think that they are saving and earning.