"I haven't been a bear except when I'm bearish which hasn't been since $2." - evolve
Look at this idiot who doesnt know the what the terms "bull" and "bear" mean.
If you are a bull, you think the market will go up in the future; if you are a bear you think the market is going to go down in the future. It has nothing to do with a permanent view on the market, and anyone with even the slightest bit of intelligence will alternate being a bull or bear depending on the current market conditions.
educate yourself:
http://www.investopedia.com/terms/b/bull.asphttp://www.investopedia.com/terms/b/bear.aspedit: re-reading your comment, you seem to have misunderstood mine. I wasn't saying I've been a bull since $2, I was saying my veiwpoint on the market constantly changes and always has. I edited the comment to make that more clear.
Idiots or not some people remember what you have written back then after april crash
will price crash ? maybe
China crisis is serious thing, it seems that they really turn against bitcoin. If we will see complete ban then most likely price will spend a lot of time below magic 1000.
But in so called mean time we are learning our lesson, maybe some truth about China, maybe some truth about us. Honestly I was naive I thought that China government isn't so restrictive and centralised, as people used to say. I thought that there is no way that their policy is much different than in so called western countries.
But here you are 2 months after bitcoin seriously has entered their market Chinese central bank has retaliated. Maybe as I said it is good lessen for us. I was guilty to be to optimistic. I repeated that chinese gov may strike back but deeply inside I believed that from this point bitcoin will only thrive and spread.
I was astonish how fast action unravel, but to be honest it wouldn't change anything even if knew initially. I am here for good, after this started, I have withdrawn all my mt.gox coins to cold storage to kill temptation.
Yes I was naive , I was disappointed, all enthusiastic fever has evaporated exactly like in april
Dust slowly settles like back then and I have some rest, time regain proper perspective. Like today when I was able to normally work for first time since two weeks.
I am happy that I live in country where I can trade bitcoin legally. Maybe bankers will strike again and they will wipe out entire market. But I know that if it happens I will be only stronger, knowing that I was on the right side of fence, knowing that I lasted longest.
China show us that this ship may sink for real, but also show me that I want to be here. This is training of my character my motivations, believes. I will stay to spread word or in lack of anything better simply hold my coins. And yes I still hope to profit, change my life with this money