WTF BTC = 500USD!!!

[apsvinet]

Shit fuck

It'll go back up again, and crash again, and go up again (…)
Don't worry brah.

[_Miracle]

Shit fuck

Lol one more panic attack ..! BTC's are more thrilling then roller coaster ride, it depends on you whether you enjoy the ride or not..! 

I agree that it's a thrilling ride, but I think the rider's enjoyment is greatly influenced on where they boarded the roller coaster. If your entry point is below $100 then I expect you enjoy the ride very much, If you got on at somewhere over 800, then it might not be so much fun.

If a person got in at $800. and believed in it enough at that point to put in that type of investment: they should be happy to have the opportunity to buy more at this discounted price.

[AndOneBtc]

These are my thoughts

in picture form

http://www.memecreator.org/meme/thats-the-beautiful-think-about-it-no-body-knows-if-itll-go-up-or-down

[polarhei]

currently, using contract for analysis, still profitable

[biodieselchris]

it's fucking gox who couldn;t get their shit together. They suck immeasurably. I mean 2-3 years as the world's biggest exchange. Come on!

[samsonn25]

$465 now  on Gox

[af_newbie]

The number of transactions crashing isn't gox, https://coinbase.com/charts look at that dive. More than halved in less than a week, in a time period when so many retailers have now started to accept bitcoins.

It depends where you look

http://www.coindesk.com/data/bitcoin-daily-transactions/

https://blockchain.info/charts/n-transactions

but, the selling pressure continues...relentless, it does not matter what exchange, same thing, bids 500-1500 taken out like there is no tomorrow.
Goes into oversold, bounces a little, and back to down ride...Looks like everyone wants to get out...

458 on mtgox, 602 on stamp

[flounderella]

If you look at the weekly chart, really heavy distribution going on for the 5th week now. Lots of people unloading a lot of BTCs for which there are just no buyers.

[af_newbie]

If you look at the weekly chart, really heavy distribution going on for the 5th week now. Lots of people unloading a lot of BTCs for which there are just no buyers.

When in doubt, blame Russians...

[Revolution]

If you look at the weekly chart, really heavy distribution going on for the 5th week now. Lots of people unloading a lot of BTCs for which there are just no buyers.

When in doubt, blame Russians...

^This.

But to be honest its everything combined + dumps from panicking people right?

[seafarer124]

Sell high & buy low.  good opportunity right now.

Repeat, each time.  Use limit orders.

Cancel limit orders to sell before going to bed.  If you do not cancel and the sell order triggers when sleeping and price increases you have lost the opportunity to sell at a higher price. 

Do not cancel limit buy orders before going to bed.  Keep limit buy orders at a good low price and see how lucky you are in the morning. 

Your average buy price will reduce and your holding will increase.