300 is broken, to never see again

[kwukduck]

We broke 300 even sooner than expected, this ship is sinking faster than you will imagine.
My experience from long time successful trading is to get out as soon as you can.

[fabula]

It's over my friends.
A slowly death.

[Morecoin Freeman]

I actually bought just now ($296). Have been anticipating this weekend with a huge amount of USD.

I'm thinking about starting my own advice thread where I publish my buy and sell prices to help inexperienced traders.

I'm on a legendary win streak.

[Silverspoon]

It's over my friends.
A slowly death.

[Amph]

we are above 300 what your are talking about? that swing a few hours ago count nothing

[Xian01]

Well shit.

Not sure what to make of this drop below $300.

[vicemayor]

I'll start buying some...

... at $230.

 

[Hunyadi]

[RCHumphrey]

There is no significance of 300 rather than 400 or any other barrier. There has been support at this level but dropping below doesn't mean a lot in my opinion. After all it's all just speculation with BTC price.

[maranello1561]

And how are my dear bagholders doing this morning? You know y'all noobs who bought this crap at $1000. LOL. Lost money yet or what? I've covered most of my short now and will flip long soon. Thats how the big boys do it.

[michaeladair]

We broke 300 even sooner than expected, this ship is sinking faster than you will imagine.
My experience from long time successful trading is to get out as soon as you can.

Get out of here, you're obviously just farming for activity.

Well this isnt good. Does this signal the end?

Bitcoin won't end ever, people believe in it.

It's over my friends.
A slowly death.

Get off the forum if you think talking like that is good for Bitcoin.

[Feri22]

Well this isnt good. Does this signal the end?

YES 

[Hyena]

You can thank the paycoin groupies that are pushing this 1000s BTC scam that I bet is being dumped into Fiat as we speak.

It's ironic how the guy that represents PayCoin is named Josh, just as it was the case with Butterfly Labs. And guess what, both broke their promises. When I suddenly recognized the weird similarity between GAW and BFL I insta-dumped my speculative paycoins I can afford to lose.

Seeing BTC falling under 300 I insta-dumped a good portion of my hot wallet. However, I'm not holding any fiat, I bought nubits instead. NuBits is an excellent hedge against the collective downtrend of all other cryptos. Thank god I invested heavily into NuShares when they first came out, it has covered all my losses I'm having in BTC, PPC and now XPY. NuBits is like a dream come true.

[NotLambchop]

There is no significance of 300 rather than 400 or any other barrier. There has been support at this level but dropping below doesn't mean a lot in my opinion. After all it's all just speculation with BTC price.

You're right, just a milestone on the slow grind down.  No more meaningful than the upcoming $200

[flounderella]

Abandon ship, abandon ship. Run. Panic!

Just kidding... Honey, empty the kid's college fund, we need to buy some more bitcoins :p

Okay, still kidding. Relax, it'll be fine. In the short-term the price of BTC is whatever the last two schmucks agreed to exchange it for. Given that most addresses with big holdings have very little turnover tells me most long term investors are just sitting tight. Sell some if you need to pay rent but if thats the case, probably shouldnt even be putting your rent money into btc

[exocytosis]

Cheap coins! Weak hands! Bullish! To da Moon! This is gentlemen, and I'm hodling like crazy.

The dollar is collapsing any day now, and the Winklevii will get their ETF approved. Every poor, unbanked peasant in Asia and Africa will start doubling down on cheap coinz -- to help bring down the evil bankster empire. Then it's straight to Mars on a rocket, at the speed of light.

[michaeladair]

Cheap coins! Weak hands! Bullish! To da Moon! This is gentlemen, and I'm hodling like crazy.

The dollar is collapsing any day now, and the Winklevii will get their ETF approved. Every poor, unbanked peasant in Asia and Africa will start doubling down on cheap coinz -- to help bring down the evil bankster empire. Then it's straight to Mars on a rocket, at the speed of light.

I love you.
Together we are strong.

Too bad this doesn't say HODL...

[Cassandra_PR]

Together we are strong.

http://s18.postimg.org/6oos973vd/small.jpg

[NotLambchop]

Relax, it'll be fine.

[michaeladair]

Relax, it'll be fine.

Too bad BTT is not a school so I can't shoot it up and kill you non believers.