Quote from: BitHodler on March 14, 2017, 09:45:30 PM

Quote from: dontburnmonkeys on March 14, 2017, 09:05:26 PM

Quote from: brokens on March 14, 2017, 03:07:20 PM

In my opinion if you has many bitcoin better you sell, seems currently will continue decline.

What prices are you currently looking at? We have been increasing steadily for a while now other than the crash due to ETF denial.
Even with a mild crash we rebounded back up to $1200+ in less than 12 hours.
I have more faith in BTC now, than I did 1 week ago.

Problem is that people are only looking at very short term charts (e.g. 1-6 hour charts).

If the price within these hours drops a few bucks, then it directly looks like significant down movement, while if you enlarge the chart period, nothing interesting has happened.

I call these people extreme-short-term-chart-sniffers. They spend too much time staring at such insignificant chart periods and thus get a twisted sense of reality. Rookies.

I have seen some day traders claiming to use 15 minutes charts so it is even worst than what you think, if we see bitcoin price from a long time perspective we will see bitcoin has only done one thing to go up, there are some ups and downs but the general direction is up.