Quote from: Blitz on July 01, 2013, 10:02:21 PM

Quote from: BitChick on July 01, 2013, 09:49:46 PM

I have only been involved with BTC since April. In those short few months one thing I have learned about BTC is that "time" is not an issue when it comes to BTC. It can move up or down very quickly in a relatively short time period! So "it's going to take some time to reverse" I guess if you are thinking about hours instead of days, months or years!

Then perhaps it's time to look at a long time chart to remove some of that bubble period bias. It took 1.5 years to go above 32 again. It took 1 year to go above 10 again, briefly.

Absolutely right. But it seems to me that there are a lot of lovers of get-rich-quick schemes. Even if BTC was not to reach ATH again ($266) in 2 years from now, that's fast from an investment point of view. I guess everybody would buy something that costs $1 today and $4 in 2 years.