they need you to buy because thats how a snowball works. the last ones will be holding the bag.

sorry to say this but the price is only that high because anyone keeps for the "the long term" "i believe" blabla, they just want it to go up

i personally believed if there was no reduction in block reward AND a cap at 21 mill, it could have been alot less "snowball"

but thanks for the technic involved, i guess some altcoin will make it into future. bitcoin is just not for the masses, little transaction volume possible, keep your wallet offline (like digging your money) in several places, be afraid of hackers, bugs, and security flaws (heartbeat anyone) , i myself was a small miner and never will be buying bitcoin unless they have something i need only available for bitcoin, guess what i dont believe this happens