just for the record, Bitcoin did lose 97% of its value before, and 84% of its value, and etc... yet it bounced back even higher... every single time

Can't keep happening that way forever.

This is strange as previously it spiked with uncertainty, but this time it didn't.

Probably b/c you can't buy toilet paper with bitcoins.

public ledgers are available for crypto assets such as Bitcoin, XRP, Ethereum, Litecoin, etc

according to the chart from 12-15-2019 to 3-15-2020, the wallets in the top .01% of holders were approximately neutral from 12-15-2019 to 3-1-2020

top holders have at least 20 million XRP / approximately $3 million dollars or more and the top holders have at least 200 bitcoins or approximately $1 million dollars or more

from there, 3-1-2020 to 3-15-2020 the largest wallets have been increasing their holdings tremendously

this is a sign of wealth conversion

This post was edited by Giannis on Mar 15 2020 09:51pm

My strategy to DCA down is getting scarier and scarier. VIX futures up 20+%. Gotta. HODL for now I guess.

Has anybody tried wiping their ass with one?

That dead cat bounce went splat. Over 2200 points immediately. The breaker was hit before the opening bell even finished.

I honestly expect at least 2 more correction > plunges before we hit the bottom. $SPY below 200 isnt out of the question.

You could be right. However, once the market gets a handle on the fallout of all this Coronavirus stuff, I expect it to adjust, and adjust rapidly.

I'm stuck between deciding to buy now or wait a few more days.

yeah imo the psychological floor is 20k djia