Correction is on the way...

[oblivi]

LOOK OUT BELOW! How low will it go?! Nobody knowsss

Reminds me of a song called "Bitcoin is a bubble" love listening to that one when Bitcoin is going through huge swings in either direction.

Reminds me of this:

http://www.youtube.com/watch?v=5n60uGwnJao

[inca]

^
I didn't argue that the user base can't increase.  Only that those who are "likely to be both willing and able to sink heavy moolah into BTC" already know about it.  Nothing more.

So a pretty narrow argument then.

You agree the user base can rise by an order of magnitude easily from here. And you realise that currently the vast majority of investors (from a multi trillion dollar capital pool) do not have a tax efficient vehicle to obtain regulated exposure to btc yet.

Not sure why you are arguing that bitcoin is even remotely close to being saturated with investment demand, unless you are badly trolling, which you are.

[thew3apon]

LOOK OUT BELOW! How low will it go?! Nobody knowsss

The low is probably over, time to buy..

[NotLambchop]

^
I didn't argue that the user base can't increase.  Only that those who are "likely to be both willing and able to sink heavy moolah into BTC" already know about it.  Nothing more.

So a pretty narrow argument then.

You agree the user base can rise by an order of magnitude easily from here. And you realise that currently the vast majority of investors (from a multi trillion dollar capital pool) do not have a tax efficient vehicle to obtain regulated exposure to btc yet.

Not sure why you are arguing that bitcoin is even remotely close to being saturated with investment demand, unless you are badly trolling, which you are.

I'm not arguing that the Bitcoin market is saturated.  No more so than the Beanie Babies market is saturated.  Both can grow by several orders of magnitude.
Re. "[lacking]regulated exposure to btc":  Sure.  Exactly what makes "investing" in BTC a gamble.  Lack of regulations/legal recourse when the counterparty decides to own you.
Governments, banks, and payment processors all have an active interest in providing support/legal framework/jackbooted thugs for addressing fiat fraud. All these bodies benefit from reducing the risks of transacting in fiat.
To be fair, Bitcoin has maths and sciences to protect you from the likes of Bitconica, WeEx, Gox, NeoBee etc., etc.

[maker88]

^
I didn't argue that the user base can't increase.  Only that those who are "likely to be both willing and able to sink heavy moolah into BTC" already know about it.  Nothing more.

So a pretty narrow argument then.

You agree the user base can rise by an order of magnitude easily from here. And you realise that currently the vast majority of investors (from a multi trillion dollar capital pool) do not have a tax efficient vehicle to obtain regulated exposure to btc yet.

Not sure why you are arguing that bitcoin is even remotely close to being saturated with investment demand, unless you are badly trolling, which you are.

I'm not arguing that the Bitcoin market is saturated.  No more so than the Beanie Babies market is saturated.  Both can grow by several orders of magnitude.
Re. "[lacking]regulated exposure to btc":  Sure.  Exactly what makes "investing" in BTC a gamble.  Lack of regulations/legal recourse when the counterparty decides to own you.
Governments, banks, and payment processors all have an active interest in providing support/legal framework/jackbooted thugs for addressing fiat fraud. All these bodies benefit from reducing the risks of transacting in fiat.
To be fair, Bitcoin has maths and sciences to protect you from the likes of Bitconica, WeEx, Gox, NeoBee etc., etc.

no one said anything about sinking heavy amounts of moolah into bitcoin. what idiots like you say is that everyone who knows about bitcoin either already decided to get in or stay out for good, and that anyone who hasn't heard about it(again 90% of the world) will not go in ever, based on absolutely nothing. and then you try and defend it by saying grandma hasn't heard of it, but if she did she wouldn't sink 'heavy moolah' into btc. first off, there is no need for anyone to sink heavy moolah into bitcoin for it to advance, a hundred dollars would do it. buying one coin would be more than enough. second, why is it that in your fucked up version of the world, everyone is either a dumb old grandma, the unbanked poor, the wealthy elite, multimillion dollar investment houses, or the penny stock crowd. you don't think you maybe left out a (massive) segment of the population there? and you really just pulled out the beanie baby argument...wow...could you be dumber? well i guess i should thank you for giving me clear proof i should ignore you.

[NotLambchop]

...idiots like you
...your fucked up version of the world
...could you be dumber?
...i should ignore you.