Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
^
Sorry but that Graph makes me really, really uncomfortable. Or maybe too comfortable so its not a nice feeling
Can you imagine the next one and we don't even know when or if it comes to this again.
Sorry but that Graph makes me really, really uncomfortable. Or maybe too comfortable so its not a nice feeling
Can you imagine the next one and we don't even know when or if it comes to this again.
You do realize that "the guy" who bought at the previous peak (Gox: $266) is up almost 400% to date, assuming he held and didn't immediately panic sell.
Hint: Patience. Don't panic sell !
EDIT: Yes, that graph is a bit misleading, because it only shows end of day prices. For example, somewhere in there, in the recent run up, Bitcoin crash from like ~$900 to ~$450 (Gox). It fell a similar 50% and fully recovered on Stamp as well, but that only shows up as a smaller correction in the figure I linked above.