objectively we are in a b*** market.
Horse shit. Objectively we are 40% up from the low less than a month ago, >100% up from where were were 4 and a half months agoince then we've added millions of wallets, features, upgrades, merchants, and ATMs.
ya but we are like 60% down from the ATH and appear to be continuing to drop.
it doesn't scare me, but its depressing...
i just don't get why people are selling!
even with the current infrastructure i believe bitcoin should be 10K
We can spend them very easily on anything, big shit too, you can pay your rent in bitcoins, you can buy F'ing
mammoth tusks FFS, mtgox and other bad exchanges have been weeded out, and now we hear talk of "wall street grade" exchanges coming online. Shit is growing & getting better at a phenomenal rate, it doesn't make any sense to me... we should be at 10K already. this is why i'm a buyer, if you told me last year i'd be buying 600$ bitcoin i'd lol hard and say that i would be a seller at 600$ but here i am buying at 600$, because wow.
Adam, you of all people know we have to hit total despair before it will turn around...after the crash in April it didn't turn around until I basically said to myself "screw it, it's probably going to be worth nothing but I'm going to ride it into the fucking ground regardless", it was the epitome of despair, totally giving in the the fact that almost all of my investment was lost....and I was willing to throw it all away because I still believed in it...rather than sell at such a low value.
Until we hit the point where no one gives a shit if it goes lower, it won't go back up.
I think we are starting to see this in terms of no volume on the markets.