At this point we pretty much have a guarantee to drop down to the 30-60 USD range within 2 months.
The worst thing, it's also pretty much certain there will be no return up.
The worst thing, it's also pretty much certain there will be no return up.
Why do you guys even think bitcoin will recover?
The media destroyed it, bubble pops, everybody is looking for the new virtual currency that 'solves the many problems with bitcoin', and ripple and litecoin are often named (not that that makes any sense...).
It doesn't matter what a small community like ours wants or thinks, media declared bitcoin pretty much dead, i expect to see single digits soon.
I was very optimistic long-term too, but i think the confidence is too damaged now because of the media hype and panic sells.
Honestly i hope i'm completely wrong about it...!
The media destroyed it, bubble pops, everybody is looking for the new virtual currency that 'solves the many problems with bitcoin', and ripple and litecoin are often named (not that that makes any sense...).
It doesn't matter what a small community like ours wants or thinks, media declared bitcoin pretty much dead, i expect to see single digits soon.
I was very optimistic long-term too, but i think the confidence is too damaged now because of the media hype and panic sells.
Honestly i hope i'm completely wrong about it...!
