Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Adrian-x
on 01/03/2014, 00:49:49 UTC
this will be more like the 2011 correction and less like the April 2013 correction

it willl take a long time for fresh money to poor back in to the system (if it does at all)

if it corrects like 2011 that is good for Bitcoin fundamentalists, but it may not, depending what happens to the Gox's coins we could be in for a coin shortage, and the treat threat of impeding catastrophe.

i guees so but i also think the community is way more stronger then back in 2011. Plus alot of new businesses are being funded and starts to emerge and i dont think they'll give up that easily.

its not them who will give up, its the new mega wealthy who are investing in Bitcoin, I welcome both scenarios, a depression in Bitcoin will help by leaving it awhile to allow a more wide spread adoption.