Nice charts lucif.
BTW although Wave C has *finally* brought some recognition among bitcoiners that we've been in a bear market since the ATH, there's absolutely no dearth of perma-bulls, and therefore this bear still has a long way to go - please observe the responses to the following post (important psychological statements in
bold):
I am seriously considering getting out of this game. Give some strength bros!
EDIT: I sold some of my Bitcoins but I will still hold fairly good amount of BTC for the longest time.
Note that he's "considering" but hasn't acted yet, which is the crucial part. Also, the responses are amazing:
I won't give any strength, but I'll give you some USD for some cheap BTC.
I've been buying like crazy.Hang on tight. Don't lose faith. This is time to buy up more coins while we go through this period of slow down.
I am seriously considering getting out of this game. Give some strength bros!
I'm still holding. Looking at the bubbles the last 2 years, the price will recover and go higher than before. If you are so damn sure it will go low, you can sell your coins and try to buy in lower but it's a big risk.
I'm holding out for sure until Winklevoss IPO hits which values coins at $100 each. Lets see if the institutional investors like Bitcoin, easy to purchase a stake in.
Chill out man, worst case scenario, hold your bitcoins for a year and make a massive profit.People will NOT be talking like this at the next major bottom.
Oh I am just watching history. You make it seem like Bitcoin has never had a bubble before. This will capitulate somewhere and it will rise again. Time just moves ever so quickly with Bitcoin...