Vinny Lingham nearly got rekt with that mini-dump 
https://twitter.com/VinnyLingham/status/820340119970332672
EDIT: Spoke too soon. 800.030 is the low. Stamp lagging at 816!
https://twitter.com/VinnyLingham/status/820340119970332672
EDIT: Spoke too soon. 800.030 is the low. Stamp lagging at 816!
if vinny nailed that one i will write him a letter to express my admiration. it is, of course, way too soon to tell since there could still be a slide down to the $700s but he might as well be right:
Quote
I seriously doubt we'll ever see Bitcoin in the $700's ever again, unless there is some major external event that occurs.
respect.
Looks like the time to stack big coins was around 700'ish. The chinese crashed the market to buy more coins as the unavoidable rise continues. The new ATH will be this year for sure, I feel bad for those that thought this was 2014 all over again waiting to buy bitcoins at 250 each...
They didn't lose money buy waiting for a price that didn't arrive. I would have bought more if the price had fallen to $250, but I won't buy at $800, but I haven't lost any money.
Hindsight is 20:20, the price could have gone lower, or it could have stayed higher, no one knew what would happen.
Also, their loss isn't your gain, if they didn't buy, then it means the Bitcoins were sold to someone else, and there is less money in Bitcoin now (only a very small difference, but whatever) so if fact their 'loss' is also your loss.
