Quote from: kingcolex on December 07, 2018, 02:13:52 PM

Quote from: kurious on December 07, 2018, 02:04:54 PM

Quote from: gentlemand on December 07, 2018, 01:43:52 PM

Quote from: kurious on December 07, 2018, 01:39:25 PM

I have fiat in, but this doesn't feel like the bottom while we're all bantering away and talking of 100K parties.

I don't think the people in this thread are any type of representation of the wider world. Even at $999 plenty here will still be in the black whereas your average Reddit mong will feel ruined. We'll be grumpy. He'll be thrashing in a pool of taupe shitwater.

I know it's the diehard types here, and not representative. I was noting it is assumed this level of pain 'must be capitulation'. However, it is entirely possible, even likely it will go lower, perhaps shockingly so as you rightly said. Then there will be a fair while before it turns truly bullish.

By the middle of next year, it could be pretty quiet in the WO. Well... except for JJG of course.

Yeah don't forget the majority has lost money since their investment. A lot. While most of here are still at least up 10x initial investment if not 100x

This gives food for thought : https://www.coindesk.com/when-bitcoins-price-breaks-down-it-follows-a-pattern
Personally i hope Bitcoin hit bottom at $3300 (Bitstamp).