Dammit!! Just hit 800 and a shit ton of smart people bought in.
So I missed it!!!!!!!!!!!!
So now its back up to 875.
Damn all of you smart people!!!
Topic: DROPPING LIKE A ROCK - page 2. (Read 3362 times)
Pick a number (or several) put your order(s) in and cross your fingers 
How far do you think it will fall? I'm looking to buy some. I don't have much money but hey, i'll buy if it ever went down to $300-400 again.
To me it looks like bear trap in awareness phase. Mania phase is when joe public starts buying crazy. I realise the 'financial news' can only ever be trusted so far, but if you have been paying attention its all there...
Whats all there? That Bank of America is bullish and that the Chinese are allowing people to use bitcoin at their own risk?
The the whole point of bitcoin is to avoid the banks.
Until now the 'institution' never took it seriously. General sentiment in the financial news of late would suggest that we are at "institutional investor" stage. Which is there on the chart OP posted. As you see just as institutions get on board (with orders of magnitude more funds to invest) there is a dip in price, this is caused because to the early adopters, that money is unimaginable wealth, and the gains they are seeing make it almost impossible for them not to take money off the table. This is all chump change to the institutions, and they know it so they take advantage.
I'm curious as to why OP thinks we are in 'public' phase. How many people you speak to know about BTC? Me, not many. anecdotal sure.
Your stories about why the price did X on a given day, or why one news snippet really matters more than any other. Individual article like that are written post-hoc and are about as worthwhile as any of the posts on this very forum (including this one!).
Traders win and lose, and the ones that win tell themselves how great they are, and the ones that lose lick there wounds and blame rotten luck. At least the ones that lose have got it right.
Me, I buy stuff I believe in and hold for the longest time. Skimming a little here and there doesn't hurt either.
To me it looks like bear trap in awareness phase.
To me it looks like you are saying this in every dip without having a clue about what you are talking about.
Bears are out tonight! U mad bro'?
Go ahead, panic sell, see you on the other side (again).
buy buy all the way down
To me it looks like bear trap in awareness phase. Mania phase is when joe public starts buying crazy. I realise the 'financial news' can only ever be trusted so far, but if you have been paying attention its all there...
Whats all there? That Bank of America is bullish and that the Chinese are allowing people to use bitcoin at their own risk?
The the whole point of bitcoin is to avoid the banks.
Its good that Chinese banks are not allowed to Buy bitcoins yes. Bitcoin should be a bank free currency
that the idea of it. 
To me it looks like bear trap in awareness phase.
To me it looks like you are saying this in every dip without having a clue about what you are talking about.
To me it looks like bear trap in awareness phase. Mania phase is when joe public starts buying crazy. I realise the 'financial news' can only ever be trusted so far, but if you have been paying attention its all there...
Whats all there? That Bank of America is bullish and that the Chinese are allowing people to use bitcoin at their own risk?
The the whole point of bitcoin is to avoid the banks.
Oh no, now the BTC 1k party has been delayed again.
To me it looks like bear trap in awareness phase. Mania phase is when joe public starts buying crazy. I realise the 'financial news' can only ever be trusted so far, but if you have been paying attention its all there...
I think i missed that dip as well 
I 'll wait for the bulls to bring the price back to 1100 and then i 'll sell.
I 'll wait for the bulls to bring the price back to 1100 and then i 'll sell.
To me it looks like the chinese are buying up your cheap coins..
850 has been Bitcoin's "happy place" for awhile now. 1300 will be the next one.
+1
harden your balls, boys.
850 has been Bitcoin's "happy place" for awhile now. 1300 will be the next one.
Mandatory: "And so it begins.." 
please circle the "buy the shit out of everyone else's BTC" portion of the chart and let me know when we get there!
I think you're missing the point. He's making fun of bubble investor logic.
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