Bitcoin And Technology Stocks Down Today - Is This The Bubble Pop?steemCreated with Sketch.

in bitcoin •  7 years ago 

Man I hope this is the bubble. I don't care if the price goes down to $1,500 as long as people will stop talking about bubbles. This is a bubble, that's a bubble. The whole crypto world is big bubble. You know what makes a bubble, when everyone refers to something as a bubble. More power (and respect) to anyone who is genuinely trying to help people with investment advice so they don't lose money, I'm just getting tired of all the bubble talk, so if it has to happen, let's hope this is it so we can move on. It is not just bitcoin that is down today, the tech sector has taken a hit as did a lot of the other coins, including steem (NOOOOOOOOOOO). These days happen and personally I'm not worried. I am on steemit for the long run. You guys are stuck with me :p.

I will be keeping an eye on it for the next couple of days and see how low it goes. I am also interested in how fast is goes back up. There was a crash recently that recovered and then some in a about a week. Let's see how resilaint the coin is. if this the bubble, people were saying it would be around %40-50 so keep that in mind. I hope it goes lower enough so people can be happy that they were right and we can all move forward to the coin hitting the 10,000 dollar mark.

Are you feeling the lose today? Let me know in the comments.

@whatageek

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Meanwhile I'm over here playing Bubble Bobble on NES

I bought that game as a kid during a student yard sale, so much fun. Bust-A-Move was also an acceptable answer.

i recently got a copy complete with the box and manual. Game is still crazy hard!

Awesome, I'm coming over :p. I find a lot of older games are harder than modern ones. ON average. Have you played Snow Bros? Similar game and a lot of fun.

No i haven't, I've been collecting old games again lately though and have a pretty sweet collection going with over 10 systems

no worries...this is what makes a market...weak hands give to the strong hands

I'm with you on that.

Yup, best time to buy.

It's just a correction and we'll be off to the races in a few days. What's great is the alt coins have done quite well against BTC despite the drop, so while my portfolio has gone down in $, it's gone up in $BTC and I'm just fine with that.

i think it's a Goldman raid they came out with a "position" on BTC today....http://www.zerohedge.com/news/2017-06-12/due-popular-demand-goldman-starts-covering-bitcoin

Thanks. Gonna be rough with those bastards jumping in. If they can't control it, they will try to destroy it. The most powerful institutions in the world won't go down without a fight. Get ready folks.

very true

I learned to keep calm. It will go up, eventually.. We're still at the beginning of something great. Good night!

Oh yeah, if you are confident in the coin just hold the line :).

haha i like how this post starts off... all the bubble talk really bursts my bubble as well ;)

Man I'm tired too listening to those mourners, they just want it to go down, let's be with it and move on. Great post. 😀

Thank you, one too many articles with the word bubble in it. Boring news feed :p

I panicked when ethereum went down, which lost me some potential money today but I still made some overall.

Yeah and now it is kicking ass. I wanted to buy it at 9 dollars... Don't think about money on the table, you are going to miss opportunities, it happens :). And its' better than risking money you don't have and getting hit with a crash.

pop...

happy to saw nxt rising and finally got me some etc

Bubbles!

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I did a short post this morning showing nice overnight gains and then again this evening showing Bitcoin's beating today. It is what it is I guess. I believe in crypto so I won't be selling out until it's a real bubble and that will be when your grandma is talking about it.
I totally agree with @floridanow
Natural corrections are good as the weak are leaving. I don't think we've even really started yet with BTC & ETH.
I treat them like gold & silver buy the dips and hold. I love all crypto's but there are so many now they all can't last. But there is fun speculation to be had if you can get in and out quick.
I won't be selling Steem though. This thing is is its infancy too and could go to a decent price in ten next few years.
@tremendospercy