Post
Topic
Board Speculation
Re: Russia to Drop USD as reserve currency - could mean 5000+ USD bitcoins
by
timmmers
on 28/03/2014, 14:57:44 UTC
Everyday bitcoin drops like anything. Today it reached $500 level. Price is going downwards only not upwards.

today the price went down to $470..  and now ................... $520

i call that an upward price..

so lets go extreme, tell me the price last year (march 2013) and tell me the price today
so lets go extreme, tell me the price last year (march 2012) and tell me the price today
so lets go extreme, tell me the price last year (march 2011) and tell me the price today

i can show you stats that in 2012 bitcoin went to $6 then dropped to $4, then went to $14 and dropped to $8 before rising even higher.

i can show u stats of 2013, blah blah blah..

in general the price does go up. and if you panic on the drops then please 'man up' and realise there are good and bad days. nothing is a utopian dream come true that is always perfect very day

In general SO FAR. When so many negative things hadn't happened and trust and hope were higher.
We had bumps in the road, but MtGox was a major negative event far worse and there have been others with no positive stuff to balance them to speak of.

I hope we do bounce back and things get better, but there's absolutely nothing on the horizon that's going to make that happen and it doesn't have to at all. We could have seen the golden days already. Past performance is no guarantee of future returns Wink