Bitcoin Forum
May 27, 2024, 12:21:00 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Economy / Speculation / Re: [prediction] Next spike $560,000 14 months from now on: December 04, 2014, 04:52:35 PM
Newbie to this forum but not to bitcoin and really appreciate Mr Betts thread
and his disclaimers that this is a model and not a prediction. I believe
in the S curve model as it seems to have decent history especially in
 new technology. I am what some call a hoarder
I know it is a popular view is that hoarding is bad for bitcoin. Of course if the glass
is half full we call it saving, not hoarding. And if we are adherents' to
Gresham's law, spending fiat before bitcoin is logical. I like Mr Betts have
no doubt if it gets into the S curve I will sell some coins for fiat but only
a few, I hope, and only to buy something or pay the rent. I know from
my experience with APPLE how hard it is to hold on and not sell while an asset is appreciating
just as it is hard to sell when an asset is depreciating.
Hope all the members are having as much fun and entertainment with
the BTC proposition as I am. If we hoarders are right we get a great
ride and if not still have gas in the car

Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!