did Bitcoin Popp?

[sushi]

Bitcoin is coming down hard

[crhys]

No need to panic, will be back up in a few months :-)

[Gab1159]

Or a couple of minutes? BTC-e bounced back +50$ in about a minute or so...hmmmm

[crhys]

Lets see what happens tomorrow, bet most investors don't even know its dropped $60 in the last hour or so.

[Bitdrunk]

Yes I think that was the pop we were all waiting for.  Now... everyone back on the rocket to da moon.  

[bbit]

SEEEEEEEEEEEEEEEEEEEEELLLLLLL






THEN




BUYYYYYYYYYY BUY BUY!!!

[Shallow]

It's a slight dip. Move along.

[franky1]

relax guys its the first week of the month... check out chart history.. well ill save you time each month the price tries to steadily rise and then does a silly large rise, followed by a drop and within a few minutes or days recovers to a new monthly high...

check out these dates for when the month's lowest price occured.
16-Apr $50
03-May $79
09-Jun $88
05-Jul $65
08-Aug $100
06-Sep $121
02-Oct $109

notice something.. they are all in the first week of the month. this is what i call the Salary week. where every hoarder decides its time to play around with their funds..

so relax, its never a death of the coin its just a couple days worth of adjustment which since april as always moved in an upward direction..

[Rez]

It's fun to watch the numbers, but seriously - unless you're shoving money into Bitcoin that you can't afford to lose, there's no point in freaking out. This is going to happen.

[Taras]

Yes I think that was the pop we were all waiting for.  Now... everyone back on the rocket to da moon.  

We've been on the moon since it hit $20.

[bitjoint]

Bitcoin is coming down hard

Horrible dip, indeed. We're back to levels from... well... yesterday 

[EvilPanda]

Bitcoin is coming down hard

Did you panic and sell?  Some people learn the hard way...

[Xer0]

Bitcoin is coming down hard

Horrible dip, indeed. We're back to levels from... well... yesterday 

cant be overused 

[pera]

Bitcoin is coming down hard

Did you panic and sell?  Some people learn the hard way...

So you didn't sell at 390? 

[hlynur]

relax guys its the first week of the month... check out chart history.. well ill save you time each month the price tries to steadily rise and then does a silly large rise, followed by a drop and within a few minutes or days recovers to a new monthly high...

check out these dates for when the month's lowest price occured.
16-Apr $50
03-May $79
09-Jun $88
05-Jul $65
08-Aug $100
06-Sep $121
02-Oct $109

notice something.. they are all in the first week of the month. this is what i call the Salary week. where every hoarder decides its time to play around with their funds..

so relax, its never a death of the coin its just a couple days worth of adjustment which since april as always moved in an upward direction..

nice one, this should become a sticky 

[Hfleer]

Looks like a correction after the huge price explosion, not sure if it corrects a bit lower or heads back up from here.  I am watching it closely though.

[EvilPanda]

Bitcoin is coming down hard

Did you panic and sell?  Some people learn the hard way...

So you didn't sell at 390?  

Nope, I bought some more as it went down. 

[pera]

[...]
check out these dates for when the month's lowest price occured.
16-Apr $50
03-May $79
09-Jun $88
05-Jul $65
08-Aug $100
06-Sep $121
02-Oct $109
[...]

As a new bear I love this table, I will print it and put it on my desk

[mgio]

So angry. Today was the 1 year anniversary from when I first bought bitcoins. So TOMORROW is the day I could sell and pay long term capital gains instead of short.

All week I was praying it wouldn't crash,

Just my damn luck that it crashes before then!

[bitwhizz]

[...]
check out these dates for when the month's lowest price occured.
16-Apr $50
03-May $79
09-Jun $88
05-Jul $65
08-Aug $100
06-Sep $121
02-Oct $109
[...]

As a new bear I love this table, I will print it and put it on my desk

+1