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Title: At least we are getting away from the boring zone. Post by: cafucafucafu on January 13, 2015, 08:47:55 PM Call me crazy, but I actually prefer to see the price to go down even further. A mid-low price is just painful. If it goes down to double figures then at least we can have some excitement and buy lots more. Redistribution of wealth incoming. If it goes up then its also exciting. But this mid-range and lowish price is just painful to see.
Title: Re: At least we are getting away from the boring zone. Post by: poncho32 on January 13, 2015, 09:46:02 PM Thankfully the boring low volume sideways movement has stopped. That was a PITA.
Title: Re: At least we are getting away from the boring zone. Post by: the_sunship on January 13, 2015, 10:16:39 PM Oh yeah, new investors are going to look at the charts and say "I bet it's really exciting to invest in btc right now". Maybe a few will decide to walk into the burning building for the adrenalin rush, but not many.
Title: Re: At least we are getting away from the boring zone. Post by: okthen on January 13, 2015, 11:04:18 PM I was really bored too and wishing for some movement, but now that it's herr I kinda miss the abscence of necessity to stare at bitcoinwisdom all day.. :/
Title: Re: At least we are getting away from the boring zone. Post by: cafucafucafu on January 13, 2015, 11:08:59 PM Oh yeah, new investors are going to look at the charts and say "I bet it's really exciting to invest in btc right now". Maybe a few will decide to walk into the burning building for the adrenalin rush, but not many. I am forgetting this and it is so true. This is how I used to think as a bitcoin noob, but being here for long makes you irrational. Now I say these silly things like some of the veterans. Of course this is very bad for bitcoin. It sets back progress for a long time. One year maybe? Title: Re: At least we are getting away from the boring zone. Post by: Edward50 on January 13, 2015, 11:32:16 PM Oh yeah, new investors are going to look at the charts and say "I bet it's really exciting to invest in btc right now". Maybe a few will decide to walk into the burning building for the adrenalin rush, but not many. I am forgetting this and it is so true. This is how I used to think as a bitcoin noob, but being here for long makes you irrational. Now I say these silly things like some of the veterans. Of course this is very bad for bitcoin. It sets back progress for a long time. One year maybe? Sets back progress, you have to be kidding me. What progress does it set back by the price lowering? The progress of your bank account. This is why I love it when the bitcoin price falls. Progress is made with a lower bitcoin price not a higher price where nobody wants to buy or use the coins. |