Quote from: Blackswan122 on December 17, 2013, 01:11:22 PM

In my opinion the next few months are slowly turning into a make or break time for Cyrpto. I don't think it will break completely...But it may collapse before doing a "Phoenix" and coming back in another form. Just looking at the BTC price slowly but surely sliding to lower lows and not making new highs seems to confirm that many people are converting back fo Fiat. I strongly believe Crypto will remain in some form or another but these times are not for Widows and Orphans to be investing in it. Said that a little is ok...who knows we may have another bonanza! $1000-$2000 seems a good risk reward level...but it all depends on your personal circumstances...I haven't got a Falcon and a Camel! I am steadily mining investing and trying to stay upto date with the Bitcoin Backdrop....it ain't easy but we are the pioneers of an exciting age... Remember 99% haven't even heard of Bitcoin.....Try and ask your friends and family what it is...you will be amazed at how ignorant people are. Comments always welcome....constructive ones..

You could have written the same in July 11 or May 13. In my option all these months are important and critical. When the news are good and the goverments more or less embrace it, the price will soon jump to new all time highs. When fiat money finally fucks up, you will love to hold bitcoins. But it can all come different and go down. We never know.

But sure, now there were more people interested in Bitcoin that had no clue (because it was easier to buy and use) than 2011 or in April 13. One can always say "Ah, we are still higher than 3 weeks ago". But tell this to someone who boght at >1000$. But this is the problem of the buyer. When I buy something that gained in value sixfolded within a few weeks, then everybody must know, that it can easily go down again.

Quote from: e521 on December 17, 2013, 01:28:52 PM

Quote from: Desensitizer on December 17, 2013, 01:24:57 PM

I'd say that more than 99% of people in civilized nations know about Bitcoins.

That's so wrong! I guess we are below 10% in western and 5% in east.
How can you get that number so wrong LOL Huh

Edit: Also explain what "civilised" means...

Actually it should be much more. I found this German survey in May 13. One of 6 heard about Bitcoin.
http://www.heise.de/ix/meldung/Nur-jeder-sechste-Deutsche-kennt-Bitcoins-1854908.html
In the U.S. in June: 1 of 4
http://techcrunch.com/2013/06/28/bitcoin-awareness-and-trust/

But I did not find a newer one. Nearly every major newspaper (online) is saying today that according to an survey the German users are sceptical (they always are, I am German) and many did not even hear of it but I can't find the source.