BTC is at a superb buying price. Period. And even if it goes $10-20 lower, who gives a rip? People who say wait to buy are short-term thinkers. If you believe in BTC's proposition, then someday when 1 BTC is ~ $2-5K p/ coin (or much, much more), you won't care about the measly $10 or $20 you spent on the purchase of a coin. You only care right now if you're acting like a trader / speculator. I'd say do a gut check and ask yourself, "Do I believe this will succeed?" I do. Just like email replaced snail mail, just like Uber is disrupting the taxi industry, Airbnb the hospitality industry, etc, etc, etc, decentralized digital money will upend the banking industry as we know it. There will be challenges and attempts by the old order to penalize, regulate, weaken or disable this newly emerging money system, but it's an idea whose time has come and whose outcome won't be denied. Do you believe that? If you did, you wouldn't be getting your panties twisted over a few measly dollars.

If you remember the beginning of 2016, when BTC was at ~$400, a number of astute and well-known fin techies and bitcoin observers predicted that by the end of 2016 the price of BTC would be $600-1000. Almost all of those interviewed put it in that range, though some put it higher. So we're doing pretty well right now. Split the difference and we're at $800 by December.

And I read a report the other day that the BTC market is quite healthy right now. A large part of the market lethargy is because we have lots of people in long position. Like me. I'm not panicking. I'm not selling. I'm buying, and $580 sounds like a sweet deal to me.