Post
Topic
Board Speculation
Re: Stop using the term "weak hands"
by
Sevvero
on 03/10/2014, 14:19:27 UTC
Most people here have deluded themselves into thinking btc is going to skyrocket sue to "imminent mass adoption!"  Clearly this is not the case, and lots of former bulls are now facing the facts and turning bearish.  One of the ways people tell themselves they are right is saying anyone who sells is a "weak hand."  Funny because you should be calling them "smart hands."

I'll admit I had high hopes for btc, but the last bubble has no reason to repeat itself: There's no new money coming in from anywhere in the world, adoption by merchants just essentially creates lots of sell pressure, and the media is doing its job scaring people away from btc by associating it with illegal activity.

Good luck to holders though.

So is your suggestion to sell all the  bitcoin now ? I think this is not the real solution Wink .   The price will  raise  (  I think)  in the next block reward halving (2016) .


It won't raise! The KNOWLEDGE of halving is weighted in to the current price already. Don't you know anything about the markets?