Post
Topic
Board Speculation
Re: Let's recap on what we've seen in the past few months
by
Synaptic
on 02/09/2011, 14:25:24 UTC
My guess is that Bitcoin is not attracting any new people at the moment that's why the slow slide (because of new Bitcoins being constantly generated).
That will probably only change once Bitcoin becomes more useful, i.e. more tools and programs have been developed, which might take a few months.
Honestly, anyone who thinks it will go up is too optimistic.

Eventually, Bitcoin will go back up. Its fundamentals are too strong not to.

The question is when.

-Jix

Bitcoin is flawed.

Bitcoin is actually extremely flawed...

Though the lay man might not understand the finer technical details enough to comprehend the flaws in the Bitcoin system, the entire mystique surrounding the scam is just foul enough to impart the wisdom to stay away.