Yep I hear you this was long needed. The bulls just got to bullish and arrogant. They will suffer now to 100 and below.
I like it.
They should have known a long time ago that bitcoin is not sustainable at these high levels.
How low would it have to go for you to buy right now?
Originally I wanted to buy in at $1.00, it hit like $2.03 I believe. Close but not my target.
However, I was the only person at that time from $30 all the way down to $2.00 who really was a bear at that point.
I think I would consider buying some around $10-$50. Only if the price stayed stable for a very long time. I really think that a new coin is going to come and replace bitcoin for #1 coin and then bitcoin is going to die like the rest of the alts and even lite coin.
It is going to take a while because lots of people who sold high are going to buy back in, but that should only temporary halt the decline back to sustainable levels.
IT will be interesting to see what happens.
Its going to be stable soon, wait for the chinese farms to capitulate, its not very far, patience is all the game