Quote from: rjp55 on March 28, 2014, 02:27:42 PM

Quote from: Zapffe on March 28, 2014, 02:21:05 PM

Quote from: billyjoeallen on March 28, 2014, 02:08:04 PM

Quote from: TERA on March 28, 2014, 01:48:38 PM

There has to be a counterbalance to all the cultish posts of the always-bullish people who think that prices are always going straight to the moon tomorrow regardless of any and all TA and that every unfavorable event is always made up.

It was us cultists who kept this project alive when it dropped from $32 to $3 and stayed there for a year. The fraction of investors like me who will willingly go down with the ship are the support base that gives BTC what some call "intrinsic" value. Without us, this really would be a Ponzi Scheme. Contributing to positive change in the world is just as important as ROI.

It was the cultists who kept the project alive, not the developers?
It really doesn't matter if the price goes down to 3$ or 0,3$, what matters is the general utility of bitcoin. The price matters to those who want to get rich with speculation. Sadly bitcoin is built in a way that is extremely attractive to speculation. A coin, that is more about utility then speculation, will actually create a positive change in the world. To tell, that your plans of getting rich by speculation, is bringing positive change to the world, is high level of self-righteousness.

No one would suggest that developers aren't the drivers of the technology. But supporters play a key role as well in spreading a positive influence on the technology and it's potential.

If the goal is to increase adoption, then supporters, regardless of price, will help increase that over people who are constantly bashing it and spreading FUD to benefit their own position.

Then there are people who just come across as obnoxious regardless of their position. They show little respect for others in their posts.

Supporters are nice. But does a "supporter" have to be someone who makes ridiculous posts that defy logic and deny facts? Does 'supporting' even have to be about pumping the price? I think of it more like it would involve fostering adoption.

Quote from: ChrisML on March 28, 2014, 02:35:27 PM

So, whats going to happen now

Will the sellers finnaly come to sense and hodl till we reach a $1500 ath for now or what.

If the next ATH was only $1500, that would be very bearish.