Post
Topic
Board Speculation
Re: 2014: The Worst Year for BTC?
by
polunna
on 07/09/2014, 13:16:58 UTC
Guys that 1200 price was a bubble dont you get it.. media hype + mt gox + silk road shutdown + senate anouncment .BITCOIN itself is NOT a bubble ..but and here is a BIG BUT thats not to say there will not be any price bubbles. And i am afraid that last November was one.. but at each bubble we get a hole new wave of adoption so we may have a another bubble 1600 which settles at a new low of 800 then again and again.. or we may from now on get a agonisingly slow price rise. Who knows.. but its not bad news trust me. FOR some reason people think from 1200 we should just keep rising no wayyyy we need much more adoption and with all these peice of shit altcoins camoflouging the real deal makes it even slower for adoption.