I am fairly certain it is going to rise in the currency collapse scenario.


Yeah, yeah. I do want it to succeed on its own merits, and I also want my dollar collapse.


I see government collapse as an extremely positive scenario for the economy, longer term. This is based on my experience surviving the collapse of the USSR.
Economies don't thrive with government approval, they thrive despite of the government.


This would be very unfortunate, yes. However, it is also inevitable, and the sooner it happens, the less suffering it is going to inflict on the people.


Nope, I have no intention of staying in a collapsing country. I'll find a place where it's going to be relatively calm.


True, so I won't be showing off too much, and would find a hobby which benefits my local community.


"Capitalist pig" is a compliment. It means I am non-violent, and one with nature.
No, I do not want any people to suffer, but that is irrelevant. The people are going to suffer regardless, and the sooner this government Ponzi collapses, the sooner they switch to Bitcoin, the less they are going to suffer.

Politicians are making scary statements, scary economic data is being released, the dollar index is going down, gold and Bitcoin are going up. For how long this would continue, not sure. If it ends up with some kind of crash in the US, both gold and Bitcoin might rise significantly, in dollar terms. If the crisis at the emerging markets deepens instead, the dollar may go up again, gold and Bitcoin may go down.

At no point.

I'll start slowly cashing out within 40% of my stash, when / if 40% of my stash is enough to comfortably retire.

Can't say anything for Greeks, but Russians are buying USD, because RUB is being inflated much faster than USD, so the majority of the people don't notice any USD inflation.

It would be even more fair not to shut down the Silk Road, and not to steal the customers' bitcoins.
They're going to come up with some justification to pocket the money.

The investors need an ETF anyway. For the common folks, there is Coinbase, there is also nothing wrong with buying on Bitstamp, or Bitfinex, or Kraken, or whatever. Just don't hold too much money on any exchange.

I think this might be the case, because taxes. Some people might sell whatever they have at a loss, near the end of the year, in order to reduce the capital gains tax, then re-buy it in the new year.

But I'm not a lawyer, maybe I don't understand things.

There is a culture of not giving a shit about law in Russia, so they might, especially in case things go really bad, and Putin bans USD bank accounts.

This month's bear trap left many bears very frustrated... Some are so ashamed they avoid admitting their prediction failures here on this forum... They are going to post doom and gloom predictions, instead...

My thoughts exactly. It's like, the most dangerous place in the world for setting up this kind of business. The cost of living in CA is also outrageous, does not make too much sense to stay there if you are earning the income online.

You have not explained what kind of advancements are needed, and why they cannot be implemented in Bitcoin.

I would not feel angry no matter what the price do. If retards are the only people who are not capable of raging at the weather, I guess I can proudly call myself a retard.

I believe the "fundamental" value of Bitcoin is technically 0, because there is nothing in principle that would prevent every single market participant from switching to Litecoin, or some other crypto.

Having said that, I still believe Bitcoin is currently undervalued.

It also depends on what size your retirement fund is. If it's $10,000, well, unless you invest most of it in a risky asset with high returns (like Bitcoin), you can be pretty damn sure you'll have to work yourself all the way into the grave. If you do invest in Bitcoin, there is still a good chance there would be no retirement for you, but at least there is some hope.

Then let the price drop as low as possible. The less money they get in exchange for their stolen coins, the better.

Let's rather do something, or say something. I mentioned Bitcoin a couple of times to my co-workers, bought a Bitcoin T-shirt, now one of them owns one bitcoin. It's kind of not much, and it took some time to get the guy interested, but it's still something.

The headline has to start with "BREAKING: ", for greater effect.

Of course they don't I'm not selling.

You know what, I actually figured out I don't care if people are bulls or bears. As long as they are on this forum, they are involved with Bitcoin, in one way or the other. The number of posts on bitcointalk.org seems to grow. More people are joining. If some bears sold their coins, but are still on this forum, guess what they are going to do with their USD? The most pessimistic scenario I can imagine is the price of bitcoin going down, and no bears on the forum. That might mean people are selling and leaving. I don't see this happening. Forum bears are fine. I love you, forum bears. There, I said it.

In a true zombie apocalypse scenario I would go for vodka and fuel. As someone who's seen the collapse of the USSR, vodka is the way to go. Maybe whiskey, to account for local traditions Guns are only required for those who already have lots of whiskey and fuel, to protect those - or if you are planning to go on the offensive.