"Anyone holding bitcoins at the moment for investment purposes are fools"
Sounds like you don't hold any then, Mervyn.
"Most of the miners who are holding are nervous"
Not sure who elected you a spokesman for the mining community!
The only conceivable reason you would hang around posting negative tosh on here every day - is the same reason the other newbie account trolls do likewise - you desperately want to buy bitcoins at a lower price than today. Come to think of it: fonzie, cosmofly, igorr et al seem to have gone awfully quiet.
You have as much idea of which way the price moves as everyone else simply watching the price on here - that is none.
Anyway, good luck in your accumulation!
That sounds about right, I'm not holding any coins since December. I have decided not to buy bitcoins anymore, and to buy a selection of altcoins instead, when the there will be a general trend reversal. Only reason why I still care about bitcoin, is that the market is young and foolish, so most other cryptos are highly dependant on bitcoin.
I just got tired of bitcoin and it's investment community. I got tired of people cheering CCMF with halfwits, while blaming everyone else for trolling who have a healthy sense of skepticism. I got tired of all the denial and stupidity of people who desperately want to believe that they can get rich without education, experience or just doing any work. The bitcoin community is far from being a community that is connected by virtues, technical skills or any sense of right and wrong. The main connection is made by blind greed, that has created a community of "If we all think positive thoughts, then miracles will happen!" people, who mostly remind me the ones who get easily involved with cults or pyramid schemes.
You can observe the sentiment of miners by looking at the mining forums. Desperation is specially strong with those who are still waiting for their pre-paid machines with long release delays. Bitcoin mining is a fool's game, with using an increased amount of resources, while not gaining anything in the aspects of speed or security of the network. That is why most of the miners are fools, who aren't exactly rich, meaning they can't hold up very long without getting into financial difficulties.
And like I said, I'm tired of being always blamed, just because I don't believe in the successful future for bitcoin's unit price. I'm tired of being called the badguy all the time, while the snake tounged bitcoin salesmen get praised even if their speculations are almost never right. I hope for a fast trend reversal, so I could buy my alts and win some money and gradually distance myself from this cesspool. In the meantime, I want to pistol-whip anyone who will start whining that this would happen if I would say more positive things and cheer ccmf together with the mindless drones.