Quote from: deluxeCITY on December 16, 2014, 12:39:27 AM

Quote from: gentlemand on December 15, 2014, 06:00:39 PM

Quote from: botany on December 15, 2014, 05:53:10 PM

Quote from: CodingCentre on December 14, 2014, 01:18:53 AM

I wish I had the balls to invest all my money into Bitcoin but im still concerned about the price how it is and isnt going high enough for me at the moment im just about breaking even give or take a few dollars.

You will find people who have invested their college money/ money from sale of house into bitcoin when the price was at $600-$1000 and regret it now.
Better not to invest more than what you can lose.

They should be thinking in a 3-10 year time frame. Anyone who put in a big blob expecting a vast payday a handful of months down the line is being naive.

Well to be fair this is what happened to the price of bitcoin in recent years. Up until early this year the price of bitcoin went almost exclusively up. The price also went up by ~15x last November when it crashed to less then $100 then spiked to over $1,200 in well under a month

True indeed, but in the great scheme of things $0 to a $5 billion market cap is achievable by a few hundred thousand enthusiasts.

To get beyond that you need to convince a nice chunk of the world at large. That takes time and patience.