~1% below $300? Is that all you got!?

[sgbett]

I've seen bigger sell offs in my back yard!

A spike down to retest $270 region would have been Far more impressive instead we keep limping down.

this is not blood, no Bulls have been slaughtered here. Bear harder!

[sgbett]

(Currently at "denial")

[Rawted]

This is mostly the US market right now. Wait until populaces with greater investment see sub $300 come Monday.

[Amph]

i just see this as the best accumulation phase, you can gain more btc now then when it was a 1k

[michaeladair]

Buy, buy, buy!
You just got to Hodl on to what we've got...

[alexeft]

I've seen bigger sell offs in my back yard!

A spike down to retest $270 region would have been Far more impressive instead we keep limping down.

this is not blood, no Bulls have been slaughtered here. Bear harder!

 

[Q7]

Generally I'm not worried on how low it can go. I'm sure the buying sentiment is there.

Hopefully when price goes down, it will attract more people to join bitcoin, because it will become affordable.

[erre]

I've seen bigger sell offs in my back yard!

A spike down to retest $270 region would have been Far more impressive instead we keep limping down.

this is not blood, no Bulls have been slaughtered here. Bear harder!

I buyed @ 400, @1000, i hodled and later buyed again @ 400.

Like now, I am feeling pretty like i'm bleeding  

[michaeladair]

I've seen bigger sell offs in my back yard!

A spike down to retest $270 region would have been Far more impressive instead we keep limping down.

this is not blood, no Bulls have been slaughtered here. Bear harder!

I buyed @ 400, @1000, i hodled and later buyed again @ 400.

Like now, I feeling pretty like i'm bleeding 

Well then you have no reason to sell now... You can't lose much more money so why not HODL?

[erre]

I've seen bigger sell offs in my back yard!

A spike down to retest $270 region would have been Far more impressive instead we keep limping down.

this is not blood, no Bulls have been slaughtered here. Bear harder!

I buyed @ 400, @1000, i hodled and later buyed again @ 400.

Like now, I feeling pretty like i'm bleeding 

Well then you have no reason to sell now... You can't lose much more money so why not HODL?

Hodling hard till the fist page of the hodl thread and before  ... it was supposed to be stress-free, but it's becoming a suffering path.

I invested almost all I could afford to lose, so I will hodl till death, but meh... this is not funny as it was supposed to be.

[montreal]

Be fearful when others are fearful, and greedy when others are greedy right??.....right?!?!! I think I'll just sell now for a loss and wait till we retest previous support levels and the bear market ends then ill rebuy in a few weeks at a higher price

[erre]

On the contrary, I was just thinking about buying more bitcoins as an attempt to chasing my losses 

But I would really risk to lose more than I can afford to lose that way, so maybe it would be more wise to simply wait... again.

[NotLambchop]

Be fearful when others are fearful, and greedy when others are greedy right??.....right?!?!! I think I'll just sell now for a loss and wait till we retest previous support levels and the bear market ends then ill rebuy in a few weeks at a higher price

If 2014 has taught us anything, it's that one never needs to buy back in at a higher price.  Wait a few days, price guaranteed to drop.
The reason everyone is fearful is because shit's scarry.  A contrarian on the Titanic is not gonna have a good time.

[Dump3er]

It's getting more and more ludicrous. We are down to 0.25 of the bubble top and there are still people trying to ridicule bears, now even trying to call this a bullrun since it's not flashcrashing instantly to new lower lows. Plz Bull harder!  

Tell me permabulls: You really think you could convince someone more than yourself believing your poor words? Keep fooling yourself!

And by the way: 198 is only 1% below 200. Maybe a good inspiration for your next bullish thread!  

[exocytosis]

Is that all you got!?

Nope, the manbearwhales will give you your double and single digit coins later this year. Have some patience, good sir.

[NotLambchop]

...
And by the way: 198 is only 1% below 200. Maybe a good inspiration for your next thread title!  

Yeah, a few months ago $480 seemed laughably low.  Good times...

[michaeladair]

People that joined the bitcoin community with the sole purpose for making money did not join it with the right intentions. Bitcoin is not a make money fast investment, it is a new currency that innovates the way we transfer money. If you aren't here you spread the message of bitcoin and what you believe then are you here for the right reasons?

[caga]

...
And by the way: 198 is only 1% below 200. Maybe a good inspiration for your next thread title!  

Yeah, a few months ago $480 seemed laughably low.  Good times...

And since then and now, I only see people posting. this is the lowest it can go, time to buy.
I wonder, if they actually did.

[thompete]

People that joined the bitcoin community with the sole purpose for making money did not join it with the right intentions. Bitcoin is not a make money fast investment, it is a new currency that innovates the way we transfer money. If you aren't here you spread the message of bitcoin and what you believe then are you here for the right reasons?

Thats absolutely true, but there shouldn't be a need to say this . Only people in it for the price should be worried here.

[NotLambchop]

People that joined the bitcoin community with the sole purpose for making money did not join it with the right intentions. Bitcoin is not a make money fast investment, it is a lose money fast investment.

Edited for truth.

[NotLambchop]

...
And by the way: 198 is only 1% below 200. Maybe a good inspiration for your next thread title!  

Yeah, a few months ago $480 seemed laughably low.  Good times...

And since then and now, I only see people posting. this is the lowest it can go, time to buy.
I wonder, if they actually did.

If I listened to cultists telling me the same thing @1000, 600, etc., etc... why, I'd be where you are now

[sgbett]

It's getting more and more ludicrous. We are down to 0.25 of the bubble top and there are still people trying to ridicule bears, now even trying to call this a bullrun since it's not flashcrashing instantly to new lower lows. Plz Bull harder!  

Tell me permabulls: You really think you could convince someone more than yourself believing your poor words? Keep fooling yourself!

And by the way: 198 is only 1% below 200. Maybe a good inspiration for your next bullish thread!  

Hehe I'm not trying to convince anybone if anything I'm just having a little fun

People should make their own decisions about whether they think this bear market is terminal. My position has always been clear, but it doesn't mean I have to necessarily be so earnest about it all the time.

If I'm wrong then im wrong life goes on I can quite happily live with the consequences of being wrong about holding. I know that neither of us knows who is right, but I know only one of us is prepared to admit it.

[keystroke]

Agreed! The coin needs to be crushed a bit before we can make a move. Take us down to $266 or below. Please bears, do your worst! It is your time to shine.

[Kipsy89]

Well, now we are ~2-3% below it, but that's not a lot, either... I'd actually welcome a strong retest of our support. This way we are merely continuing to bleed out slowly, and I can't take this anymore!

[sgbett]

Thats more betterer! Go go gadget sellers!

[Kipsy89]

Thats more betterer! Go go gadget sellers!

I actually can't wait for this to blow over! Sure, it doesn't look very good and isn't fun to watch like a good bulls run, but we need a definite reversal here and this may be the next best thing! Stop the bleeding out and start a trend-reversal now!

[LOBSTER]

That bears...why being so bearish? There is no reason to drop...

[sgbett]

Its starting to look like a decent price move on the daily chart, but like you say still not huge volume, this could change quickly if selling continues further down the 280s to 270 mark. Lots of bits could change hands in a very short time and that could be either the capitulation we are looking for, or perhaps mark a historical first where bitcoin breaks below the previous ATH after crashing from the most recent.

That would be interesting indeed.

[grappa_barricata]

I think that the sentiment has become very bearish very fast in the last days... you know what this mean? Big fat green dildos out of nowhere. You short now, confident that "we are going to retest X", "it will bounce only from Y". After all, everybody is saying that. And after you surrender to peer pressure BAM the green dildo of revenge. Then, it will become obvious that you shorted at the bottom.

[sgbett]

I think that the sentiment has become very bearish very fast in the last days... you know what this mean? Big fat green dildos out of nowhere. You short now, confident that "we are going to retest X", "it will bounce only from Y". After all, everybody is saying that. And after you surrender to peer pressure BAM the green dildo of revenge. Then, it will become obvious that you shorted at the bottom.

shhhh!

[Wandererfromthenorth]

I think that the sentiment has become very bearish very fast in the last days... you know what this mean? Big fat green dildos out of nowhere. You short now, confident that "we are going to retest X", "it will bounce only from Y". After all, everybody is saying that. And after you surrender to peer pressure BAM the green dildo of revenge. Then, it will become obvious that you shorted at the bottom.

Don't take for granted that this is not THE crash...

[grappa_barricata]

I think that the sentiment has become very bearish very fast in the last days... you know what this mean? Big fat green dildos out of nowhere. You short now, confident that "we are going to retest X", "it will bounce only from Y". After all, everybody is saying that. And after you surrender to peer pressure BAM the green dildo of revenge. Then, it will become obvious that you shorted at the bottom.

Don't take for granted that this is not THE crash...

Well you are right, we may be headed to 2 digits. But it is very improbable. More probable is that china is doing a trap (and painting some sort of 'double bottom') before a move upward of a week or more. 2 hours and china awake, lets wait and see. Whatever happen i'm confident it will be fucking awesome.

[panju1]

I think that the sentiment has become very bearish very fast in the last days... you know what this mean? Big fat green dildos out of nowhere. You short now, confident that "we are going to retest X", "it will bounce only from Y". After all, everybody is saying that. And after you surrender to peer pressure BAM the green dildo of revenge. Then, it will become obvious that you shorted at the bottom.

Don't take for granted that this is not THE crash...

I shudder to think Bitcoin could go lower.

[v0yager]

...
And by the way: 198 is only 1% below 200. Maybe a good inspiration for your next thread title! 

Yeah, a few months ago $480 seemed laughably low.  Good times...

And since then and now, I only see people posting. this is the lowest it can go, time to buy.
I wonder, if they actually did.

Now some people are saying "this is the chance to buy cheap coin" , But who knows where are we going.

Maybe you would say "$280 seem laughably low few months ago" after months.

[NotLambchop]

Nah, plenty where that came from

[sgbett]

Nah, plenty where that came from

Reverse psychology my old mutton cheeks, I knew this would rile the bears

I hate the slow bleed. I want capitulation-pop! not slow and steady drop!

[minerpumpkin]

Give it some time. I believe the downwards pressure hasn't lost all of its potential. This could get very ugly very soon. But this doesn't mean Bitcoin is doomed. It's just another 'normal' instance of price-discovery.

[okthen]

Sgbett, your threads are always therapeutical in this dark times.
Holding is not for the faint hearted these days...

[sgbett]

I know what you mean. It's a hairy ride, but life is full of ups and downs. Let's hope this counts as a "higher low"!

[LOBSTER]

I know what you mean. It's a hairy ride, but life is full of ups and downs. Let's hope this counts as a "higher low"!

I hope it's a low and the high is coming soon again

[carlosiness]

I know what you mean. It's a hairy ride, but life is full of ups and downs. Let's hope this counts as a "higher low"!

I hope it's a low and the high is coming soon again

let's hope, but like others said (and i agree with that opinion) maybe it is a normal process like in economy, on the other hand, from now more people could afford it.

[erre]

I know what you mean. It's a hairy ride, but life is full of ups and downs. Let's hope this counts as a "higher low"!

I hope it's a low and the high is coming soon again

let's hope, but like others said (and i agree with that opinion) maybe it is a normal process like in economy, on the other hand, from now more people could afford it.

People could afford many satoshis also when price was 1000 usd/btc... The matter is that " no one"  is interested in buying more bitcon,  not the price. People would be more teased to buy a product that " can't fail under 1000 usd" . I am hardly hodling my hard-earned expansive bitcoins, and i'm a beliver. ..

[premium_domainer]

i never sell my bitcoins @ lower than buy price...

hold as much possible. you feel great in future...

[applesRyummy]

I think that the sentiment has become very bearish very fast in the last days... you know what this mean? Big fat green dildos out of nowhere. You short now, confident that "we are going to retest X", "it will bounce only from Y". After all, everybody is saying that. And after you surrender to peer pressure BAM the green dildo of revenge. Then, it will become obvious that you shorted at the bottom.

Don't take for granted that this is not THE crash...

Well you are right, we may be headed to 2 digits. But it is very improbable. More probable is that china is doing a trap (and painting some sort of 'double bottom') before a move upward of a week or more. 2 hours and china awake, lets wait and see. Whatever happen i'm confident it will be fucking awesome.

I am not sure exactly why bitcoin's price has been doing so poorly lately however I do think it will eventually rebound. I doubt that China has anything to do with it as people in china that hold bitcoin do not all think together, they think (and act) independently.

I would also say that bitcoin's recent price action is very far from a "normal" bitcoin crash based on how severe previous crashes have been