A moment of silence for all the panic sellers who will have lost in this most recent, but oft repeated bitcoin ride. We've all been there. Your initiation is complete. Welcome to the club.
Too early to brag I am afraid.
I'm not bragging. Whether the bottom is actually in or not, lots of newcomers are going to have lost on this as they try to be day/swing traders and fail at it. This is the, what, fourth time I've experienced this? The infrastructure is stronger than ever and more people than ever recognize a value in a distributed ledger system. Bitcoin is finally bumping up against governments, who are taking it seriously, and the market is working through that uncertainty. Nevertheless, I think odds are in favor of the system making it through these challenges. That isn't to say it still won't be a very rough ride for a while.
