For all you noobs who think bitcoin is crashing down every time we drop a bit, I suggest you go research what retracement is. We are firmly entrenched in a 48 hour up trend. If the bears can muster some bad news, maybe we could dip again, but most who were going to panic did. If we could stay between $800 and $1k for a while, that would be best, the longer we are here the more confidence is built for another leg up. Remember, every person, without exception, who is calling for major drops in price, has sold at least a portion of their stash and are wanting YOU to sell your coins to them for cheap.
Yep, that's right. If you only stripped out high morality from your post and wrote:
"Remember, every person, without exception, who is calling for major rise in the price, is wanting you or anyone else to buy more so his net worth would be bigger and so he could eventually dump at satisfying point",
than everything would be all right.
But though I wouldn't mind price to go down so I could spend fiat I hold, I wouldn't definitely mind it to go up too if next dip would lead to another one and another one. I want bitcoin high even if that would mean some kind of loss for my current partial fiat position.
