Any update on where are we now? Is this the bottom?
Let's put it this way, if $150 isn't the bottom, then god help anyone still holding coins... and hello double digit BTC.
$150 is a really really strong support level, breaching this would mean capitulation. I've even bought some coin at $160-$170, so if I see that potentially happen, I will be selling these new coins along with everyone else.
And what would this mean for longterm potential if we get to double digits again? Isn't this supposed to happen in C wave (death and despair)?
You know it's bad, when the Gavin is selling his bitcoins and investing in stock market, Bitstamp CEO is buying cows and farm.
A little food for thought from the infamous Charlie Shrem concerning blood & despair: https://twitter.com/CharlieShrem/status/555412241156419585/photo/1