so nothing is going to happen until 2016?
since I can't wait that long I couldn't help myself and just bought some more.
what can you do with these things anyway?
Someone mentioned "hodling" them for a year, and then selling them @ half price, but I don't get why anyone would want to do that. Why not just flush half of your money down the toilet? Or would it clog do you think?
Some people are very bad at math.
The price has stayed over $220 for most of 2015. That is with 3600 bitcoins being sold per day due to mining.
If that price can be maintained with 3600 bitcoins being sold each day, imagine which direction the price will go when only 1800 bitcoins are being sold each day due to mining*.
That will happen in less than a year.
*hey, if the bears can keep claiming that all the mined bitcoins are immediately sold, I can use their argument to prove that the price will go up