BTC DROPPING? but why?

[Sammal]

I understand btc drops but how so hard and how so fast? $260 a btc wth

[premium_domainer]

lot of panic sales 

[Wandererfromthenorth]

I understand btc drops but how so hard and how so fast? $260 a btc wth

By looking at the fundamentals it's clear that crashes like this were gonna happen, price structure just created the momentum to start a big one.

[SmoothCurves]

it's a gift. Buy low!

[neurotypical]

Dumbos cashing out to buy silly xmas presents all over the world, dumbos panic selling due not being able to have a long term view of the future, and so on and so on.

[bigtimespaghetti]

Dumbos cashing out to buy silly xmas presents all over the world, dumbos panic selling due not being able to have a long term view of the future, and so on and so on.

I guess I'm one of those dumbos- but one with little to no debt, did not buy presents and have a very long term view and will be buying back in soon. Hodling doesn't have to mean that you'll have your face ripped off again and again.

[Pecunia non olet]

3600 new coins every day need to be pushed down the buyers throat.
They are created and go to market.
We are far from a balance between buyers and sellers. I'd estimate bitcoin at 500 million cap will be seen again.

[peonminer]

It won't be for too long. Stock up while its cheaper than a lot lizard xD

[bigtimespaghetti]

3600 new coins every day need to be pushed down the buyers throat.
They are created and go to market.
We are far from a balance between buyers and sellers. I'd estimate bitcoin at 500 million cap will be seen again.

This is the addiction of speculating as long as you never put in what you cannot afford to lose of course.