Quote from: Arpeggio on January 29, 2015, 10:47:36 PM

It would be nice to see it rocket up again - some of my mates lost lots of money in BTC. I myself managed to pull pretty substantial profit from it, but I joined the choo train a bit late. TA is just TA in the end - manage risk/ride the wave of volatility. There is serious manipulation going on, I am very curious to see where this will be in 6 months or so. Double digits are probably out of question, but I wouldnt be suprised if it "stabilized" in 1XX which will eradicate weak hands. Perhaps, just like all great ideas ,eg. communism in its purest form, BTC will slowly dwindle away and never reach its full potential.. not to mention be used for what it was intended to be used for...

This is one of the more sensible newbie posts I have read yet. Kudos!