Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
raid_n
on 26/02/2014, 09:28:35 UTC
Well given that you were dead set on only buying coins at 200-300 usd and not above I can understand your sentiment
Gox was/is really bad news and the crash down to around 400 reflects that.

But I still believe that without the massive Goxxing we would have bottomed out at 500-550ish
Whatever, this is speculation. You may still get your coins. I however don't feel sorry for you.
If you are not willing to take even a little bit of risk (buying in at around 400) or being too greedy its solely your own fault

There are always opportunities to invest your money in. Many people here may see that bitcoin is the only investment opportunity given to them next to their daily routine jobs and I think this will also make them take stupid risks. They are just too dependent on bitcoin and they have become emotionally attached. I'm ok with not investing into bitcoin at all if it wont become attractive enough. There are always good investment opportunities around.

The point is: You are speculating on a specific price point you believe is a "good investment" based on your future predictions of where bitcoin will head

This is absolutely no different than anyone else investing at any price point.
You can elaborate all you want on how it is not important to you to invest and how bitcoin as a protocol will fail etc.
All I am seeing here is someone who wants to buy in cheap. There is nothing contrary to this perception in your statements