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.
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
. The price will raise ( I think) in the next block reward halving ( 2016 ) .I'm not trying to give anyone trading advice, but people here seem to think calling others "weak hands" somehow makes it ok that they are losing money if they are holding btc. Obviously it has potential to rise, but there is no logical reason it would be soon.
so you think people who have unrealized losses, and solidify them based on fear that we will not ever recover from this obviously manipulation driven crash, are smart? i suppose if they sold in order to get more coins, yeah. but thats not what you're suggesting. you're implying bitcoin is dead and over with and everyone should get out. forgive us if we don't have the shortsightedness to guide our decisions that you utilize.
also, where do you get everyone thinks it will skyrocket "soon". "theres no reason for it to go up soon". why does it have to be soon? what makes you think people holding don't have a target date of 3-5 years? or more?