Quote from: jgarzik on July 15, 2011, 04:13:03 AM

Quote from: BTC Economist on July 09, 2011, 01:49:40 PM

This is why I have liquidated my position in Bitcoins. There is very little upside going forward. No forward moves of late have any traction whatsoever and demand continues to lag. Way too little upside for such a risky proposition so my advice is to move into dollars. Only a significant change in the economy could alter this forecast.

Bitcoin has always been a risky proposition. Anyone who has ever thought otherwise is a fool.

"no forward moves of late" and "very little upside going forward" is clearly a troll, or a daytrader. The sample size (timescale) is far too small to make any such prediction.

We have a lot of day traders.... or we had. Many of them care nothing for Bitcoin except as a way to obtain USD.