Great New Crashcorrection (fulfilled)

[MaxBTC1]

There is no rule that says it can't increase exponentially. Bitcoin has proven us all wrong before.

https://i.imgur.com/4NKXJMY.jpg

Bitcoin™

Best chart yet!

[wobber]

Crash is over. Double bottom short term. Now buy.

EDIT: Bought in at 346.

[Xer0]

Crash is over. Double bottom short term. Now buy.

EDIT: Bought in at 346.

he said. and then it went down again   

[wobber]

Crash is over. Double bottom short term. Now buy.

EDIT: Bought in at 346.

he said. and then it went down again   

Of course, it's my master skill. Good thing is I have more coins. Bad news, could have even more.

[Tzupy]

This is gaining momentum. I cancelled my buy order at 280$, waiting to see how deep it goes.

[HotSwap]

Crash is over. Double bottom short term. Now buy.

EDIT: Bought in at 346.

he said. and then it went down again   

308!

[Xer0]

Of course, it's my master skill. Good thing is I have more coins. Bad news, could have even more.

so we should just do the opposite of what you say? 

could still be a good buy now, 300 is fighting hard and seems to win

[wobber]

By the way, THIS proved to me that this market is too volatile to be in it other than with long bitcoins.

There's too much speculation and I am affraid bitcoin is just that: a purely speculative instrument, and a very profitable one. Nothing else. Scattered poker games, transactions but no real economy. Wake me up from my hibernation when we have some killer app or interest in BTC as store of value.

[wobber]

Oh noes...We're back. Good thing I didn't panicked and sold at 300!

[superduh]

By the way, THIS proved to me that this market is too volatile to be in it other than with long bitcoins.

There's too much speculation and I am affraid bitcoin is just that: a purely speculative instrument, and a very profitable one. Nothing else. Scattered poker games, transactions but no real economy. Wake me up from my hibernation when we have some killer app or interest in BTC as store of value.

it's all there. just stop trading for fiat unless you want to gamble a bit.
it's a trader/speculators wet dream.
10 cans of redbull per day and refresh button

[antimattercrusader]

Sweet mother of god it's moving all over the place and doing it quickly.

[wobber]

By the way, THIS proved to me that this market is too volatile to be in it other than with long bitcoins.

There's too much speculation and I am affraid bitcoin is just that: a purely speculative instrument, and a very profitable one. Nothing else. Scattered poker games, transactions but no real economy. Wake me up from my hibernation when we have some killer app or interest in BTC as store of value.

it's all there. just stop trading for fiat unless you want to gamble a bit.
it's a trader/speculators wet dream.
10 cans of redbull per day and refresh button

yes, my only goal is more BTC. And I play fun and safe.

[leoragraves666]

Its jumping around, but it is good for making some profit in short time.

[wobber]

The thing is, if I cannot count bodies and all after this crash is over, and we are not going to at least 280, I have the feeling bitcoin will make a massive leg upwards.

[antimattercrusader]

We're close to a retest of 340. Hold your finger crossed, if that helps.

340? oh that's like so 30 seconds ago!

[AU]

Don't let them shake you out... The price is going up

[PrintMule]

It's actually a very good thing in the end. Beats some sense into people. We need periods of stagnation like after this thing goes down and then back up to 150$ or something. When price sits in one spot people start to move their hardware around, come with other ideas, place is thriving in other ways. But when bubble keeps growing - everyone goes mad and refresh btc price all day and night, leaving other important matters out. Only good thing coming from these bubbles is a flow of new souls willing to depart with their money.

[DeathAndTaxes]

If this selloff breaches 340 we're doomed. 340 is 24hrs low.

Doomed I tell you.  Bitcoins might only be worth what they were worth three days ago.  Hold me back or I might just throw myself out a first floor window.

[wobber]

It's actually a very good thing in the end. Beats some sense into people. We need periods of stagnation like after this thing goes down and then back up to 150$ or something. When price sits in one spot people start to move their hardware around, come with other ideas, place is thriving in other ways. But when bubble keeps growing - everyone goes mad and refresh btc price all day and night, leaving other important matters out. Only good thing coming from these bubbles is a flow of new souls willing to depart with their money.

LOOLLL Only good thing coming from these bubbles is a flow of new souls willing to depart with their money.

Poor sools

[antimattercrusader]

Doomed I tell you.  Bitcoins might only be worth what they were worth three days ago.  Hold me back or I might just throw myself out a first floor window.

lol! Sad, but probably true for a few folks.