Only down 8%. Hmm.
I don't understand why it's so obvious, and you seem to be strongly suggesting more down?
Just shakin' out the weak hands, JJG. No reason to be alarmed.
I'm not really alarmed, yet.... I have been buying on the way down, but if i knew that it was going down further, then I would just wait and buy all of it at the bottom.... In other words, since I keep buying, I keep thinking that maybe this is bottom... (more or less I bought a bit at $406, $401, $392, $384 and now the latest $375)... I would have felt better to just buy all of what I bought at $375...
Anyhow, I have never made any real claim to knowing short-term price directions.
There's something sort of refreshing about these massive dumps. Like an aloe vera intestinal cleaning, right up the pooper. IDK. It could be just me.
Innit tho JJG?
Everybody talkin’ witness segregation,
0-Confirmation, Full blocks, C0re pl0x,
RBF, ETF, Reddit and Slack.it and fork it,
But all we are sayin’
Give poop-shoots a chance’...
Innit? JJG??
Could the dump have anything to do with Bitstamp and Btc-e getting blocked by Russian ISPs? It's unsettling when a country starts clamping down on access to Bitcoin exchanges, and people that live in Russia might have been unnerved enough to login to their accounts through VPNs and dump.
https://www.cryptocoinsnews.com/bitcoin-exchange-btc-e-blocked-russian-regulator/