Its is so amazing how many people are so under-educated on how investments work. Bitcoins are no longer in their infancy its the idiots using bitcoins that are the infants. Sorry to be so blunt. but as I have watched and searched its amazing how many people see one thing TRADABLE CASH VALUE, but in their blindness they do not see how many other ways they can turn Bitcoin into cash without selling them off to an exchange.
Most people have probably already invested over 50% of their wealth into Bitcoin (serious Bitcoiners)
My point exactly.
Lets take an average number here 50% of their wealth on a 5 year average persons net means roughly $250,000 dollars (serious Bitcoin Investors) if they bought in even at 100 dollars a coin that is still 2500 coins. I can turn that 2500 Bitcoins into over 5000 Bitcoins in a month. So you serious bitcoiners ask yourself can you do that, is sitting there watching the price of bitcoins go up and down getting you the return you desired?
I have been in this industry less than a year,
I have a 3 month ROI on the machines I buy (most everyone else has a 6 month to 8 month ROI)
I came from Forex trading and building and selling businesses to this. And like I said it is truely sad to see how many (serious bitcoiners) can not see past their hand in front of their face. I am sorry to be so blunt but truth is truth my friends. I have this horrible image that most of the serious bitcoiners got in while the getting was good and now it seems they are just sitting on these coins, sitting watching and waiting like some wallstreet brat who thinks if he buys a stock and allows the company to do all the work he will get rich in the end. This is not the stock market, if we as investors dont do what needs to be done, and we all sit on our wallets and watch the price, we will never make the returns we want. Im just saying if we dont do it, the developers sure are not. It seems their one track minds are concentrated on people and companies using the coins, which at this point is not helping bitcoins value only its awareness. what I see in this industry is a whole lot of sitting around watching and waiting, no one actually (serious) about anything.