Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE 700 TH/s or 8.68 GH/s per share
by
rdyoung
on 28/04/2014, 16:10:24 UTC

I agree with what you saying about TA, but I'm talking consumer adoption cycles in technologies, these are usually the long-term fundamentials why TA usually sits ontop of those fundamentals to give a day-to-day outlook of the market. New or no news. The market will follow these psychological cycles as they have done for the past few years and will continue to do so until mass awareness

I am not so sure about that. When BTC is mainstream, the masses won't know they are using BTC, it will be the same as email.
You have to also account for the fact that with the # of BTC in circulation all it takes is a few very large investments from etf or other funds to send BTC skyrocketing. Once that exchange in the article and possibly others launch and active trader/investors can get in with ease that will override any psychological cycles.

EDIT: Just have to be facetious and say its nice to have a discussion where the thoughts from the other person are being read and digested.