Quote from: Hyperjacked on June 22, 2016, 12:35:52 AM

Quote from: inca on June 21, 2016, 09:02:03 PM

Quote from: Torque on June 21, 2016, 08:38:05 PM

Quote from: inca on June 21, 2016, 08:23:24 PM

I wonder where the bottom is..

I managed quite spectacularly to disappear 10 btc earlier by selling at the exact bottom and buying in higher. Time to sit this out for bit.

Oh man, I know how you feel. Lost many btc in that head fake bear trap back in Nov. But then made up for it by rebuying around 450. I also just bought some more trying to catch this falling knife at 660. We'll see if it holds.

My goal has always been to gain more btc over time, not reduce them. That bear trap back in Nov really taught me something: when in doubt, do nothing (aka just Hodl).

Yes. Amazing how easy it is to trade away those gains by churning your account or mistiming entry and exits. Oh well.

you guys know da word on da street is 400! After a shot at 800$

Ask Mrpumpetis ...Cheers Pump mister

You must be gathering your information from a pretty ill-informed street.

Given the upwards BTC price pressures, even lower $600s has been somewhat of a surprise, and maybe mid-$500s could be within reason. It's gonna be quite a bit more difficult to drop into the $400s. Not impossible to drop into the $400s and even less likely the lower $400s as your presentation seems to suggest, but it would take quite a bit of panic and maybe even some fairly convincing FUCD spreading to bring prices into the $400s.