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RE: Bitcoin Massive Price Drop, Profit Taking, BTFD, And Why There Will Never Be Another "MtGox Event"

in #bitcoin7 years ago (edited)

Exactly!
This was a "profit-taking" i.e correction.
It is and will always happen when an asset rally too much too fast,
One could say its the normal.
And it's also a good sign, just as you say.. Its also a way to shake off weak hands,
This is a sign that BTC will go up even further.
So sit tight, the rally will soon start again.
Ps. The death of all FIAT currency is a FACT!
.. And money must always go (stay) somewhere .. The safest place.
Connect the dots. .........

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I sure hope fiat dies...