Quote from: BadBear on October 18, 2011, 01:45:12 PM

Quote from: cypherdoc on October 18, 2011, 01:35:21 PM

Quote from: BadBear on October 18, 2011, 12:10:45 PM

Quote from: dogisland on October 18, 2011, 12:08:33 PM

Quote from: BadBear on October 18, 2011, 11:59:08 AM

I believe bitcoin is in a decline, and will be in a decline for the near future.

It's the price of Bitcoin that's in decline.

The features of Bitcoin that make it a great alternative currency are still there regardless of price.

Also if your a speculator which some people are, then surely this is a great oppurtunity to go short ?

Obviously yes, I was talking about the price. And yes I am a speculator, and no this is a bad time to short. There will likely be a small bounce and some stagnation before the next crash.

since i'm so stupid and you're so smart, as well as a speculator, how about a bet? $1000 that i think the USD price of BTC will be higher one year from now than it is today, the money to be held in escrow?

That's not how speculation works. Besides, I have said before (I understand if you have problems retaining information) that I do believe bitcoin price may rise again, just that the price is declining and the bubble isn't fully over yet.

Furthermore, I make my market bets on bitcoinica and mtgox, not against random crazies on the forums. Like I'm really gonna let my money sit in some escrow account for a year when I could be using it to make more money.

just another BadBear who has no conviction and isn't willing to put his money where his mouth is. it IS an opportunity to make money, Stupid.