Getting nervous yet bears? 
we bears are not nervous in fact I am surprised the price has come down to the mid 300s so fast - i thought it might take a 2-4 weeks.
if you look at an alltime chart that shows the willybot high it took about 12 months to hit its bottom at about $250 (about a 75% drop).
So while I think the rate of the decrease will slow we will be low $2xx within 3 months.
Thats not just bearish but also realistic
That was a bubble with 10x price movement that took about a month to cover most of the volatility.
This time was just a 2x price movement that took about a week to occur in earnest.
I think its safe to say that it bottomed just under $300, and will probably stabilize in the $320-$360 range over the next 2 week. Its obvious theres a lot of support at $300, and moderately around $320 (july peak)
fundamentally, there is no reason for bitcoin to fall below $250 after the way it broke the 2015 price trend, and signifigant evidence for it to be much higher than it was in mid-2013 (waay more venture investment, more legitimacy, more uses, better security and storage methods like trezor or multisig, and insanely higher hashrate. I honestly believe the price should be in the $400-800 range, but its more likely that volatility will send us much higher if the bullish long-term indicators continue
I agree with you in most ways, however, I think security methods, uses of bitcoin, storage methods, multi sig are minimally interesting. Primary reason we are going higher is that entry points for mainstream USA speculators are 1000 times better, faster, safer, than in 2013 (coinbase, gemini).
What should make everyone click the buy button is that long term Holders rarely divest completely. That long term holding base regardless of how small anyone thinks it is just grows, grows and grows, and the number of coins available drops and drops. With absolute certainty there will be a day of reckoning when long term holders are far greater in number and have far more purchasing power than bitcoin dumpers can possibly counterbalance.
No, not everything that gets laughed at [though the internet never was] eventually becomes outrageously popular. Most do not.
