Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
serpicodk
on 09/04/2015, 11:02:47 UTC
Soon enough some of the whales that own tens of thousands of bitcoins will start to think:

"Hmm, i see that this lottery ticket is on a bear trend since 1 year and a half, going strong on 2. Are the potential millions of dollars worth the wait (extremely risky) or i should just cash out and enjoy my life while i'm on my 20's-30's ?

This is a scenario to take in consideration. If this mentality sets in, goodbye Shi...Bitcoin! It's done...

I think that we should just celebrate bitcoin as a technology. It would be fine by me if it goes down to 50's or even 10's. People are just too greedy and they will destroy bitcoin.