Quote from: nubbins on July 01, 2013, 06:01:08 PM

Quote from: Eric Muyser on July 01, 2013, 05:53:14 PM

Yawn. Not if it stays at 4.5 or goes to 5 or 10 or even 4 BTC is still a profit in less than a year.

Sorry if I'm boring you. Maybe I'll give unbridled optimism a shot, it's pretty popular lately:

Why stop at 10? At the rate things have been going, it'll reach 120 by next year! Buy at any price! Etc.

I actually have some conservative stances against AM as laid out here, but they are based on something. That's the difference. Saying you're at a loss if it drops 0.05, and thus should not invest, doesn't hold say much.

You can come up with a lot of good reasons not to invest at 4.5, or 2.5, or at all, but it's not that.

The recent optimism is based on more substance than that.

Edit: Sorry nubbins, I'm going through some IRL stuff. That was uncalled for. I shouldn't be arguing online.