We're in for a possible decline to < $250 a coin. Be warned.
Didn't you hear - the bottom is in - not the top.
Despite the fact that Bitcoin has never been so high for more than a few of hours before people are already calling this the bottom.
This dip is just building base camp above previous ATH.
Yup, triple bottom. Bullish as hell, 500 here we come.
I cant remember a bull bear fight around $200 in April. This time, its different.
Because now the exchanges are responsive and allow this kind of fast trading.
We should have always reminded ourselves gox's unpreparedness caused April's slow, painful crash, where you could barely log in let alone sell
Oh god it was painful. People sold on market order because it was the only reasonable thing to try and do. When you in, you got in only long enough to click "market order" on everything. Combine that with everyone doing it, no reliable source on the price (all the charts were hours off) it was madness. Horrible, Horrible, madness. Thank god for more exchanges. Now China just needs to rapidly diversify, lest they have their own problem at BTCChina, which already seems unprepared for the traffic.
