The party is about over boys and girls.
BTC is $422 USD
Every week is new bad news.
Silk Road
Gox
KNC screwing you over
US makes Bitcoin Property
China
There will be new bad news every week and Bitcoin will be down to $100 in 60 days if this continues.
Question is why would you not refund every single order you have pending where ever a refund was possible?
Any other insightful predictions ya need from me?
Going to mine 24-25 BTC with your KNC Neptune? If not than you are screwed because you paid 10 grand for it.
Each bit of bad news kills BTC by $100
3 more bad stories and we are at $100
5 more stories and its over BTC will be at $10, All companies will close, bankruptcy everywhere.
Difficulty too high on a currency worth $10. Game over.
The beautiful thing is that BTC gets stronger when the price goes down after a high since it becomes less profitible to create large mining operations and that works toward better distribution of hashing. I'm glad that the technical foundations of bitcoin are still undefeated and that sends a good message for long term growth. I always felt that a price above 600 is short term anyway. I think we all got carried away by our visions of riches. My precious...