Everyone needs to get bearish so we can liftoff again.
So you think we need to shake out some longs first, or do you think we simply need to get the movement going again? I try to understand why people feel the need for another crash before a new rallye can emerge!
need real despair. i mean REAL. almost to the point where you will think the game is over and that bitcoin failed.
Wow, yeah.. That would surely spark a decision I guess.. But I don't know if I could handle that, I'd be freaking out completely. But I want to stay in Bitcoin, I don't want to play it safe or try to daytrade the market (because I'd fail
) What can I do to ease my mind a bit?
Despair only helps existing bears, useless.
We need
new people to get in, that's all.
But that sounds like the logic on which a pyramid scheme is based on! Aren't we trying to shed that clichee off of Bitcoin? Although I guess it is kind of true, because more people have to come in (or funds, to be precise) than there are new BTC mined every day!
Fresh money is needed if we want the price to rise, If the majority of people who see a future in bitcoin are already invested the only direction to go is down.
Not saying that everyone is 100% in bitcoin but a larger supply of fiat in the exchanges would be very beneficial.