That might be the fast-crash we need. Alot of powerful forces want to buy lower. Let them, buy with them, ride the wave wherever it goes, and chill. Bitcoin did that multiples times already, and always recovered.
I've been reading about these mysterious forces that want to get in for 9 months now.
So who exactly are they and when exactly are they gonna buy in?
I believe they will buy in right after they kill the golden goose, and everyone will lose. Humans are doomed to destroy the planet and we can't do anything about it.
Despair. Repent. Rejoice.
Could it be there is no big mysterious force that wants to get in?
There very well be a mysterious force that wants in, but you have to wondering if crashing the price to sub $100 will get them what they really want. Bitcoin is still in the early stages and needs its evangelists and cult like behavior; you need people to believe the impossible at first to keep the walls from caving in. If you crush the dreams of all those people in the process of getting in at your price, you'll be able to get your sub $100 coins, but no one will be around to care, or buy them back from you.
There are plenty of people who bought in back in 2011/12 that are still up on their investments. We've got a long way to go before those people give up, I'm one of them and will just stand here holding that bag. It got me to where I'm at, Bitcoin helped my life out immensely, it doesn't owe me anything. I'm not a trader anymore, just an observer.
Good luck everyone. This feels like a bottom.
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