Found this on ccn
Bitcoin price is being traded lower in small price steps as buyers eagerly take advantage of new lows, and profit takers fill in the ending of the current wave of decline. After another correction we could see an additional wave of decline. Will it be foreshortened by buying demand or catastrophic due to mass participation?
https://www.cryptocoinsnews.com/bitcoin-price-decline-coming/What does everyone think? Are we headed for a price decline in bitcoin?
I think BTC has reached it price point of just above or slightly below 200.00 USD. Unless something truly remarkable happens, in either direction, this seems to be the price for now. We need some real inovation in the marketing side of Bitcoin itself. We also need for the leaders, shakers and movers of Bitcoin to grow up, stop fighting, stop stealing and stop reinforcing the media's depiction of Bitcoin as an aide to criminals. Bitcoin has a PR problem that will hinder growth until it's fixed.
And, we, as DNotes, must continue to work tirelessly towards the goal of breaking away from the Bitcoin market and standing on our own. I firmly believe this will happen in the not too distant future. Until then, ever forward people, ever forward...
I hear you loud and clear. There is a serious lack of leadership in our industry. I would not have preferred to make a big deal about it until DNotes is solidly positioned; i.e. by the end of 2015. However, it is now getting more than just frustrating to see the continued high volatilities and downward trend of Bitcoin. It is becoming damaging to our industry. DNotes is in the best position to show some leadership. I am highly confident that with the support of our community and others in our industry we can pick a big city like Chicago and make a bold move.
We can make Chicago the
Epicenter of Digital Currency and Bitcoin Blockchain. We can show the world that there is a better way to collaborate and build upon the most innovative technology of our generation to mutually benefit far more people than ever accomplished in the history of mankind.
Please let us hear your comments. It will also be helpful if you can come up with a better theme. What may be a better phrase to chacterize such a project.