Quote from: windjc on May 05, 2014, 07:45:20 AM

Quote from: mooncake on May 05, 2014, 07:38:36 AM

Quote from: OldGeek on May 05, 2014, 07:20:13 AM

Ya. I'm pretty pessimistic about our current situation. I know that all trends will eventually reverse (or maybe not), but I think the 1w and 3d trend says about all there is to say right now.

** Pessimism is a state of mind in which one anticipates undesirable outcomes.

This is one pessimistic comment. More of such comment must be expected before a reversal.

All you need to do is look at the poll in this thread. The optimism here is still off the charts. Its like people refuse to believe that we could be going lower, much lower.

I saw some pain in the Gox fallout, but since then its been sickeningly optimistic - and I mean sickeningly because everyone thought that they were so clever and that the bottom was in and magically fresh fiat would arrive to save the day.

Everyone is still in denial (which is exactly what I voted for in the poll). Bring on the pain. You guys want this market to go up again?? ---> then welcome the pain.

as you speak more and more new people are adopting BTC, so global acceptance is growing, maybe price will fall but not much, there is everyone ready for jump, thats why optimism.