Yep. Totally agree with you how sentiment has changed. That was partly why i asked the question. I'm kind of wondering if/how people's expectations may or may not have changed since the last ath. Holding a few bucks in btc is one thing but holding $10k+ throughout this bear market i think illustrates a certain level of faith... I guess part of this thread is focused on how expectations have been affected in light of the development of the eco system in the midst of decreased btc/usd value.

I understand all those saying it doesnt matter... Its about what you can buy with btc. But the bottom line is merchant adoption is still a long way off offering that in that the things most ppl can buy with btc. It currently doesnt come close to that available by fiat both in terms on choice and convinience.

There is no problem with this thread itself not sure why you opened with that.

Lol...oh dear. Impossible.

Kind of typical of many posts on this forum. First you have a post that replies to an op that doesnt address the original point then someone like yourself that quotes said irrelevant post in the same thread.

Its like being in a classroom with a bunch of unruly 6year olds and a small handful of people who will make a serious attempt at a reply.

Pathetic really. If you have nothing to add, simply stfu.

At what price point do you hope to cash out at least 50% of your btc?

It's all part of the process.

Make what you can because it will not last.

Longterm is where its at. 

Short term speculation = white noise only useful to day traders.
Long term projections based on fundamentals = $$$$$

Point is... Do you place trust in a eco-system that can take your funds as and when needed or do you place trust in funds you can control yourself?

I think you are missing the bigger picture here... For sure many need educating but for those well versed, the writing is on the wall.

Bottom line is: less faith in traditional banking system.

What does this mean for bitcoin medium-longterm?

Education of general population is short term which is not what this thread is referring to.

Thats like saying account holders in cyprus would still feel comfortable keeping their fiat in banks.

How do you justify your statement for any serious financial player?

http://www.theguardian.com/business/2014/oct/26/european-banks-fail-financial-stress-tests

Less faith in the banking system....

http://www.theguardian.com/business/2014/nov/12/foreign-exchange-fines-ubs-hsbc-citibank-jp-morgan-rbs-penalties-market-rigging

Even less faith in the banking system...

Where are the fiat bag holders going to go to prempt inevitable future troubles?

What does this mean to bitcoin medium-longterm?

 

Thread delivers!

Recently on Bloomberg...

http://www.coindesk.com/sir-richard-branson-bitcoin-working/

They start with...

"Modern electronic payment systems rely on trusted, central third parties to process payments securely. Recent developments have seen the creation of digital currencies like Bitcoin, which combine new currencies with decentralised payment systems."

MODERN? Well... Should be expected I guess. Muppets.

Fundamentals have not changed despite potential for information overload. When in doubt i always try and revisit this and remind myself not to get too drawn into the white noise which makes up much of this 'information'.

I think he's probably spent enough time with his excellent analysis without you pulling him up on cosmetics.

Kudos and keep up the great work Ryan. Your effort is much appreciated.