Quote from: jcoin200 on October 03, 2014, 02:13:37 PM

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.

Also, what happens if another exchange (maybe btc-e??) goes down. BTC couldnt handle that.

Good luck to holders though.

The last hope is wall street money.

If someone can convince a few pension fund managers to invest in bitcoin, the rest will follow suit.