oh look, another fallling sock puppet. who is your paymaster and what is their agenda for spreading FUD to crash the price?
bitcoin is going nowhere but up, for the following reasons:
old:
bitcoin will lift the unbanked of the third world from poverty
allows for remittance for poor immigrant workers with no middle man
consumers can rest easy knowing their money is safe from hackers, unlike credit card users at target, home depot, etc
new:
next halving will cause more demand for limited supply
billions of dollars of VC being invested every month
stock market plunging, world wide economic collapse seems imminent. people of the world will use bitcoin as a hedge.
http://www.czechpoint101.com/newsletter/wp-content/uploads/2010/09/Market_Sentiment_Cycles.jpgwe are now at the "hope" stage, moon ship will come soon.
We're still in denial, as clearly demonstrated by the bulls expecting another rally to come. I don't think we'll hit the hope stage until we're back to summer 2013 levels, which is the true value of bitcoin right now.
