Quote from: tampazeus on May 11, 2016, 04:48:56 PM

Quote from: Altcoinsupporter on May 11, 2016, 04:44:08 PM

Quote from: ElpadroBitcoin on May 11, 2016, 02:30:12 PM

Quote from: Kerzic on October 20, 2015, 04:32:14 PM

I see it ran by a bank, What do you think?

I never thought about that, that a bank would take over Bitcoin that is a good option. But 10 years is just to far away to predict no one knows what will happen with Bitcoin at that moment.

It would be nice if you can have some profit in the 10 years but it can takes a long time until the value will be more and that is bad for the most people.
Because they want to earn profit in a fast time and that is bad for the most people because that it not possible for them.

I don't think that people will hold their coins for that long time, everyone wants to make quick profits so they will prefer to buy and sell on regular intervals and I think that is the right thing to do.

Traders who are currently long will be left either margin called or forced to close their positions at a loss, triggering a selling cascade. Long position volumes are very high, which signals that the risk of another brutal price dump is higher than average, should those positions be squeezed.