Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Well, the good old weekend dip is back. I almost forgot that 95% of my BTC were bought on "weekend dips" 
Me too! Should have sold a couple hundred yesterday at $380, would have woken up VERY happy this morning.
I suspect though tomorrow will be crazy- with all the Fiat coming in people are going to be super excited to have a chance to buy in cheaper.
Meanwhile fiat on Bitstamp is growing every single minute, $6.5M now and counting. Just waiting for the bomb to go off.
Right. And weekend dips are a GOOD thing. The faster it goes up without a correction, the quicker the mania will become panic. In the short term price discovery cannot be = to sustained parabolic growth.
Making a long story short: the more dips and corrections we have on the way, the more likely we will go through $1,000 like a hot knife through butter and we won't ever be looking back