Quote from: gentlemand on September 07, 2017, 10:22:55 AM

Quote from: Denker on September 07, 2017, 08:19:56 AM

This is where human greed and impatience comes into play!
Many people will have sold probably some significant portion of their BTC stash when it hits 15k, 20k, 25k, 50k and 100k.

Paper gains help no one. I spent a bit around the $1000 mark. I'd been sitting doing nothing with it and felt like it was time BTC financed some actual enjoyment. Am I desperately embittered? Nah. It was free profit that was spent and it provided a high quality time.

I wouldn't spend significant amounts on depreciating tat, but equally there's no point in leaving a vast fortune to a cat protection home after living your final years in one rented room wearing carrier bags on your feet.

If it fulfils its potential it'll continue to appreciate forever. None of us will be here forever.

Well the average dummy in that space just wants money.You have to admit that! We, the ones who really are here because of something that hasn't been here before and could be a completely gamechanger are a small minority. Just try to speak with people who entered this space just a few weeks ago, they mostly know nothing about Bitcoin, why it was created and what it benefits are.
Someone from Korea told me, all these traders there are dumb as hell. They know nothing about cryptos or Bitcoin.Their lack of understanding even the basics is huge!!! For them the whole space is just a new casino!