Its going to be a Monday dump now. Happened a few times in the last 2 months.
We are not safe yet.
Yea, here it comes now! I just nibbled at 375
This is not a dump, it's not worth to wait for the price to go down $10
I still think we might see $2XX again this year, and next year we might see the price go up.
Thinking the same.
Too many ASIC companies are poping up and irrational miners mining at a loss.
There will be a natural but new point in the history of Bitcoin.
At some point mining companies will start dropping like bricks if they can't get people to sign in on mining contracts.
They will be stuck with a datacenter full of ASICs that are worthless.
This will be the point where bitcoin price must go up due to scarcity.