Post
Topic
Board Speculation
Re: Are any serious bears rethinking their posotion?
by
imperi
on 10/12/2013, 23:44:19 UTC
Ah, Edward50. You've been a bear since 2011. I remember your early posts!

For example:

Quote from: Edward50
Yes it is finally coming down. It does not make sense at $20. There is no value currenctly in owning this currency other than the long term potential if it does ever make a valid currency.

If you are willing to wait some years and hold it as an investment, it should be priced less than $10 dollars because of the high risk of it failing.

Who ever pays $20 or higher now as a long term investment is way overpaying because of all the risk.

You were right in the short term, very very wrong in the long term.