Post
Topic
Board Speculation
Re: Time to say goodbye
by
cbeast
on 19/01/2015, 19:28:42 UTC
These were nice years, but unfortunately all things come to an end. It is time to say "Goodbye". I still think bitcoin is a brilliant invention which brings immense power to the masses but the human element was more agile and found ways to almost destroy it. It's wounded, but not by a security flaw, not by a design flaw, just by misuse and abuse. Nobody can tell what will happen in the future but one thing is certain: nothing goes up indefinitely and all markets are cyclic.

Bitcoin was a chance to learn on economics, markets, psychology and technology. A great ROI. I would recommend anyone here to buy whatever amount one can loose in  the next 5 minutes and put it aside until 2017-01-17, along with the same amount in USD. I am very curious which will have more value then.

Good bye.

of course things go up indefinitely eg inflation of fiat.
x20
Literally. The USD has lost 95% against the CPI since the Federal Reserve began and it's not slowing down its inflation.