People are sitting here freaking out of a drop from 620 to 570. It is nothing.
Shit I remember in September-October, bitcoin was hovering around 120-135 all the time. I didn't even care about the price at that time as I wasn't trading, and I don't think anyone normal (not a trader) is worried about these price levels.
Bitcoin was a long term investment for me and I couldn't care about 20 dollars price swing and I am sure most people don't.
Anyone freaking out now is for sure overreacting.
not everyone is holding 500%+ profit coins with nothing to worry about.
Yes - after Gox ate some of my stash - my average coin cost went up to slightly above where we are now.
I am philosophical and of course I am HODLING - but watching that 100 plus bucks drop since June 2nd is not exactly fun!
Autumn last year I was in a lot of profit, now I'm back sneaking into the red - after logging in here every day without fail for so long.
*Stoical smile*