I don't get the day-trader hate.
Should they not be allowed to buy and sell Bitcoin at any rate they choose?
No because, early adopters who bought at sub $50 want to sit on their fkn arses and become millionaires on the back of a vast swathe of clueless masses who pour their money into Bitcoin at any price (as the Bitcoin nutters always advise). They therefore despise us Johnny come lately 'traders', who buy in at $1100, but look at charts and decide the wind has changed direction, then sell at loss in order to buy back in at much much lower prices.
@ 7priest7
Now that we have had another correction, and now that bounce has fallen clearly short of $980 target which would be required to make it 'not just a bounce', are you still laughing at us 'daytraders'.
And by the way, if you want to get all moral high horse, I was amongst the relative few actually using Bitcoin for real world economic transactions back in the day, providing Bitcoin with the spine that it needed so that fat idiotic parasite luckers like you, could by sheer coincidence make that small investment that has turned into a small fortune, without you having to lift a damn finger (or use a damn braincell)