Post
Topic
Board Bitcoin Discussion
Re: Watching amateur finance types flail
by
Bit_Happy
on 24/06/2011, 19:34:20 UTC
John, if these problems are as classic as you claim, then surely their solutions are also classic, and will be straightforward to implement.

What then is the issue here?

The most classic part is Human Nature: After an extreme boom (greed) there is always extreme bust (fear)
Bitcoin will be fine, but short to medium-term you can expect to eventually see BTC for ~$2.50 (give or take 100% in either direction)