Told you so long ago to get the hell out.
People with financial sense have sold long ago - the price is now constantly going ever lower with only the "HODL'ers" being dumb enough to "buy the dip" - but the dips will just continue to get deeper and deeper.
And, yes, in here people are desperately screaming "FUD" at anyone who are not 100% believers in their fantasy crypto money - but at the end of the day, it is only these dreamers who will be owning the fantasy money, and like old pokemon-cards only other collectors might want to buy a few of them at pennies on the dollar.
People with financial sense have sold long ago - the price is now constantly going ever lower with only the "HODL'ers" being dumb enough to "buy the dip" - but the dips will just continue to get deeper and deeper.
And, yes, in here people are desperately screaming "FUD" at anyone who are not 100% believers in their fantasy crypto money - but at the end of the day, it is only these dreamers who will be owning the fantasy money, and like old pokemon-cards only other collectors might want to buy a few of them at pennies on the dollar.
Funny guy. Must've felt good saying that "told you so" line to people right? Guess what, people who did actually "bought the dip" are well in profit already. And btc is steadily regaining ground which means the worst is likely over. These fantasy money you're calling would make a lot of people rich in the real world. But then you probably know that already
I don't know about that line. Technicaly speaking, I believe Bitcoin is correcting to the upside right now and more downside will follow soon. Then we can wait for a pull up again.
Personally I don't believe BTC has long term life, it's not special in any way other than being the first of its kind. There are many other coins around with more uses and they are also cheaper and faster to use. The whole "ASIC" business is also disgusting... so much power wasted. Even though, it's not going to stay in low prices in 2018, too many new people jumbing in and only knowing of Bitcoin.