This happens EVERY january

What we know:

>Every january, on the ~24th, a crash happens
>this has happened every year since like 2013
>this time, it happened one week earlier than it usually has for the past ~4 years...
>BitConnect also performing an exit scam
>Normies are retarded and will associate Bitcoin and Crypto with BitConnect if its scam goes on the news

What we thinking lads? There should be a decent dead cat bounce if this is a real crash. Are we gonna hop off there, if we haven't yet? I have ~$50,000 still left I want to move if we're actually done for, but still not sure.

What's actually happening though? I'm doing great so far, sure it's a small correction... but people that went in early are still in profit.

also don't respond to this thread if you ever unironically bought tron, verge, bitconnect, or confido. Looking for high IQ/big brained user input in this thread only

chinese new year

Maybe I can finally afford a fucking VEN node now.

It's not the 24th

remember pre-Christmas dip?

welcome to pre-Chinese New Year dip.

forbes.com/sites/ywang/2017/01/26/worlds-largest-human-migration-begins-chinese-new-year-2017/#3a6d5502999a

People dont want to sell december and pay taxes

Would be interesting to see does that really have impact. Sounds crazy, but chinese people are crazy just look at their stock market it's a complete casino

Not even the 24th.
It's always around this time of the month.

HAHAHAHAHAHA!
Well if Bitconnect show in the news and people connect Bitcoin with a scam, I don't care they can think what ever they want about it and laugh.

But when they ask themselves why are they poor and miserable, we are going to laugh, but without telling them what they do wrong.

so that they remain poor and we stay on top, it has always been that way.

So you oldfags when do you think is a good time for re-entry? Will China wake up and buy some cheap coins or panic sell and repeat today?

what if I bought Tron at 0.01 and sold at 0.29?

>There should be a decent dead cat bounce if this is a real crash.
There were two in the case of Bitcoin. It's too late to save your investment now. Now it's sell or die.

>Now it's buy or die.

Fixed

Tron will be $10,000 one day

You're literally throwing money away if you buy now. Stop taking investment advice from inspirational Warren Buffett quotes on Veeky Forums. The crypto market very well might not exist anymore by the end of this year.

Yeah, $10,000 Market cap.

I remember this comment being said last year around this time as well. Almost like it's seasonal or something.

>small
>average of 60 percent correction for most traders
>SMALL

captcha: big bubble

oh god whyyyy WAKE ME UP

Already sold and used the gains to buy stocks and bonds. Done with this degeneracy.

Who do you think you are fooling with this? Stop shilling for a while and get off the ride before it's too late.

So, basically, all the chinks sold their gains before they travel home to their families to present them rich gifts.

So, how do you feel having financed the NYE gifts of some chink via your losses?

ironically buying tron is ok

there's only so many chinks that can cash out at a decent profit...the majority of them must be selling at a fucking loss right now. it's fucking ridiculous, only those fucking gooks would do something idiotic like this. they'd probably even sell even if their portfolio went -99%, just to cash out ten buck because they HAVE to buy their fucking "traditional" gook bullshit presents.

YES I'M FUCKING MAD AS SHIT

I will ride this crash out. Yes it is a crash. Do not buy anything until the dust settles and the community can agree what happened. This will likely be in 3 days. The only thing fishy is Western News was pushing wallstreet money while Eastern News was pushing ban/ end to mining / strict regulation. So something coordinated perhaps? If you were wise to pull out cash in prep for the January correction I would buy back in BTC or ETH nothing else. Strong rebound in ETH and BTC will show healthy markets. Buying altcoins / icos / chink shit, might be a bad idea. Most importantly go for a walk.

You fucking retards. I don't even know why I bother giving you advice.

The Chinese New Year is a month away. BitConnect is just now confirming it's exit scam and most people don't care about such obvious scams.

The insiders know something very big and are jumping ship before the rest of the world knows. But don't take my word for it, a crash like this would not reverse for at least a week from now, so just leave this shitfest and wait for the bad and the real crash afterwards.

Comparing March 2017 to now with past years performance... I swear to God these fucking people...

What's your reasoning from the crypto market dying? Because we had a crazy bull run over a couple months and are correcting?
At the start of 2017 people would have told you to fuck off stop being crazy if you said btc would hit 20k let alone 10k eoy

>average of 60 percent correction for most traders

Maybe if you're in shitcoins. My losses are at around 40%.

this is gold, lmfaoo

Is there an actual problem with this pyramid?

fake and gay

>You should sell now goy!
>N-no, don't buy! Not now!
Not falling for it. Don't worry, we'll both be rich schlomo.

Falls inline with the world's major investment banks paying bonuses. Not sure whether correlation equals causation here however.

Why fake? Just go to cmc and see for yourself nigga, that's what I did before posting this.

Come on lads what are we doin. Dead cat bounce is coming up soon and has already started actually

lol dead cat isn't after a 30% dip, not in crypto.

what do you mean bud.

>I have ~$50,000 still left I want to move if we're actually done for, but still not sure.

A bird in your hand is worth two in the bush.
Having said that, I pulled out waaay early and only made about $20,000, but I've been able to make some important changes to my life with those small gains. If you already have a ton of money and $50K isn't that much to you, you might as well hold out though.

fuck

eth back to 1000

FUCK YOU NIGGERS I WAS GOING TO BUY THE DIP BUT I HAVE NO MONEY TODAY

Wut?
I pulled up a bitstamp chart for this. January 24th:
2017 -3%
2016 +4%

Even if 15,14 and 13 all had bigger than 5% crashes this would still be just noise.
A data sample of 5 years and not even 5/5.

Jeez