Quote from: Michael Robinson on May 14, 2014, 12:06:31 AM

I really don't know what it is going to take, I'm starting to get nervous. Despite all the publicity of Overstock accepting Bitcoin, it only accounts for one tenth of one percent of their revenue and I haven't seen any reports of this hinting at getting any better either. Tigerstock accepts it as well, but this fact is pretty much buried on their site, not only does it fail to appear on the main page, it doesn't even appear in the payment options after you fill your cart and click checkout. I've also seen several Reddit comments from people saying they are seeing local businesses go from accepting it to no longer doing so, saying nobody was using it and it was a chore to train employees for no results. And then we have Bitcoin companies spamming #bitcoin #majorannouncement #tothemoon on their Twitter accounts and everywhere else they can, just to later find out it is simply a billionaire investing the equivalent of two pennies of their net worth.

People think a retailer like Amazon accepting Bitcoin will be a major catalyst, but from what I've seen from the other retailers, it doesn't seem like the end result is going to be very climatic. It doesn't help whatsoever when a large retailer begins accepting it, just to have it fizzle within months. I guess the only thing I can think of as a potential incoming catalyst is if the Bitcoin ETF results in massive fiat investment or not, as obviously $100's of millions of dollars coming into the ecosystem would give us a nice jumpstart, but that might not even happen. Or maybe if the Mt Gox revival plan happens, is successful, investors recoup their losses and even profit...but again we could be grasping at straws here, as this is a longshot too.

I've held all the way down from my initial buy-in at over $1,000, while in the meantime buying three times as many coins as I originally planned in order to lower my dollar cost average, so I'm not going to give up now. Just getting depressed, that's all. Hope to see some encouragement soon!

The get rich scheme taking too long ...

Get out NOw !!