Quote from: humanitee on January 08, 2014, 09:01:34 PM

Quote from: proudhon on January 08, 2014, 08:54:14 PM

Quote from: Tzupy on January 08, 2014, 07:14:19 PM

I don't understand why people believe that the bear market will only last 'a few weeks'.
In April 2013 wave B took 8-9 days, now it took 19-20 days, at least 2x longer.
And wave C went from the 24th April to the 6th July, about 2.5 months.
In 2011 wave C took about 4-5 months, and so far the market resembles the 2011 patterns.
So IMO this bear market, which may have some nice rebounds, should take about 4-5 months.

But have you checked the most recent non-English bad news sources? The downtrend will likely be indefinite and ultimately culminate in the complete failure of the market. Especially since bitcoin usefulness and saturation has been maxed out. There's really just no more upside potential here.

Additionally, bitcoin is not a sustainable technology. Following basic logic we can see that since it is not a sustainable technology, the price can not be sustained. "Where do we go from here" you ask? Grasscoin. Grasscoin is the future of home-grown cryptos.

Grasscoin, where the surface meets the sky.

Grasscoin poised to have a breakout year!

humanitee, do you know how to code? I do not, and regardless whether you do, we should create a proper crytocurrency that fixes all the problems with bitcoin.