Post
Topic
Board Speculation
Re: BITCOIN BROKE into $400's again. POSSIBLY ANOTHER CRASH COMING.
by
evolve
on 19/12/2013, 20:38:32 UTC
You must be rich having been a bear since $2.

I haven't "been a bear since $2", that's just asinine.  My outlook on the market (bearish or bullish) depends on the current state of the market and can vary from day to day.

sounds like a fake story

It very well could be, but the story wasnt really the point.

The point was that there are a lot of people who bought in or near the top thinking that the price could "only go up, uP, UP" who just watched over half their savings evaporate.  That is a big deal.  The hype chamber here and on r/bitcoin is convincing people who don't know any better to throw all their money (and in some cases leveraging through loans) into BTC with all of this "to da mooooon" bullshit.