Still to much positive thinking for us to be in the dispare phase...

[spazzdla]

It seems more realistic falling will be right in the near to mid term.. not enough anger and depression yet.

Opinions?

[gentlemand]

There's plenty of low grade doom and boredom. I'd say that's more corrosive than despair.

And even if you feel despondent at your own little investment disaster, there's so much backroom cool stuff happening that you'd have to be a bit dim not to conceive of long term possibilities. Then again I guess that's beyond the grasp of many minds on here.

[BillyBobZorton]

There's plenty of low grade doom and boredom. I'd say that's more corrosive than despair.

And even if you feel despondent at your own little investment disaster, there's so much backroom cool stuff happening that you'd have to be a bit dim not to conceive of long term possibilities. Then again I guess that's beyond the grasp of many minds on here.

The average joe is doing exactly that, not conceive any of the long term possibilities. Why, well simple, most people can't get their view beyond the current price, so they are too busy complaining and looking at bitcoinwisdom.com all day instead of researching the technology and understanding how Bitcoin is not going to disappear for our lifetimes now. They don't have tunnel vision. I guess not everyone can be winners.

[Denker]

There's plenty of low grade doom and boredom. I'd say that's more corrosive than despair.

And even if you feel despondent at your own little investment disaster, there's so much backroom cool stuff happening that you'd have to be a bit dim not to conceive of long term possibilities. Then again I guess that's beyond the grasp of many minds on here.

The average joe is doing exactly that, not conceive any of the long term possibilities. Why, well simple, most people can't get their view beyond the current price, so they are too busy complaining and looking at bitcoinwisdom.com all day instead of researching the technology and understanding how Bitcoin is not going to disappear for our lifetimes now. They don't have tunnel vision. I guess not everyone can be winners.

Well said. As I always say patience is needed. This might sound easy to do. But the fact is this is going against human nature. However if you can take it, and aim for holding your stash 5-10 years it can turn out really successful.

[spazzdla]

There is a large possibility the world govs ban public blockchains and only permit gov run and controlled ones...

Your dreams die with this.

When mining becomes Illegal on non gov blockchains the days of BTC will be numbered..

There are many situations that could result in the end of btc.

Or a forced fork over to a  GOVXT where 10 govs can determine to  blacklist coins, create coins, etc.

Never underestimate how far pigs will go to ensure they keep the power they have and get more power.  The pigs are a serious threat to the future of humanity.

Pigs = all gov officials.

[adamstgBit]

There is a large possibility the world govs ban public blockchains and only permit gov run and controlled ones...

Your dreams die with this.

When mining becomes Illegal on non gov blockchains the days of BTC will be numbered..

There are many situations that could result in the end of btc.

Or a forced fork over to a  GOVXT where 10 govs can determine to  blacklist coins, create coins, etc.

Never underestimate how far pigs will go to ensure they keep the power they have and get more power.  The pigs are a serious threat to the future of humanity.

Pigs = all gov officials.

Yup! Still to much positive thinking .

[gentlemand]

There is a large possibility the world govs ban public blockchains and only permit gov run and controlled ones...

Your dreams die with this.

So you've outed your thread as a honeypot to attract the hopeful and swat their dreams like flies. Slick move.

[LFC_Bitcoin]

If people can't stand the heat then they should get out of the kitchen!

Seriously bitcoin is a very risky investment, it always has been. The price will be volatile with periods of stability for a long time yet. If people don't have patience & panic when the price drops a bit then this is the wrong game for them.

Maybe they should put their savings in a shitty bank bond & get 2% interest on it per annum or something similar that people with no balls & no ambition do.

[g-unit]

Bitcoin has years to go until most governments will give a shit about it.

[Dilla]

Just wait until next year... Shit will get crazy.

[afbitcoins]

I'd say we're more likely past despair and now either 'return to mean' or even 'optimism' ..

[Q7]

Which is why i don't put high hopes on bitcoin and diversify my holdings. Looking at its current state with the flaws in the system, there's high chance it will fail.

[randy8777]

If people can't stand the heat then they should get out of the kitchen!

Seriously bitcoin is a very risky investment, it always has been. The price will be volatile with periods of stability for a long time yet. If people don't have patience & panic when the price drops a bit then this is the wrong game for them.

Maybe they should put their savings in a shitty bank bond & get 2% interest on it per annum or something similar that people with no balls & no ambition do.

stocks are the same. without people panic selling at lows and buying back at peaks, the market by far wouldn't be as fun as it is right now. some one's loss is an other person's gain.

[gizmoh]

If people can't stand the heat then they should get out of the kitchen!

Seriously bitcoin is a very risky investment, it always has been. The price will be volatile with periods of stability for a long time yet. If people don't have patience & panic when the price drops a bit then this is the wrong game for them.

Maybe they should put their savings in a shitty bank bond & get 2% interest on it per annum or something similar that people with no balls & no ambition do.

But but but we were promised moon by bulls backed by some log charts and history!

[8up]

We already have seen the moon, while @$1200 - now it's time to go back to earth.

[Biodom]

If people can't stand the heat then they should get out of the kitchen!

Seriously bitcoin is a very risky investment, it always has been. The price will be volatile with periods of stability for a long time yet. If people don't have patience & panic when the price drops a bit then this is the wrong game for them.

Maybe they should put their savings in a shitty bank bond & get 2% interest on it per annum or something similar that people with no balls & no ambition do.

But but but we were promised moon by bulls backed by some log charts and history!



img snip

when, exactly, currency or commodity charts had any long term predictive function?
I am in awe of the current economic state of the world, though.
Somehow, printing more and more money in a form of debt is/was the winning ticket.

[Meuh6879]

Just wait until next year... Shit will get crazy.

clear, like evolution, human learn always too late after ...
so, we are in advance about the global collapse ahead.

in the futur, we can distribute more clearly, the money of TRUST.

the bitcoins.

[NorrisK]

If people can't stand the heat then they should get out of the kitchen!

Seriously bitcoin is a very risky investment, it always has been. The price will be volatile with periods of stability for a long time yet. If people don't have patience & panic when the price drops a bit then this is the wrong game for them.

Maybe they should put their savings in a shitty bank bond & get 2% interest on it per annum or something similar that people with no balls & no ambition do.

But but but we were promised moon by bulls backed by some log charts and history!

Looks like we are still right on track to me! I don't see anything to worry about Inflation will also help boost USD value

[spazzdla]

If people can't stand the heat then they should get out of the kitchen!

Seriously bitcoin is a very risky investment, it always has been. The price will be volatile with periods of stability for a long time yet. If people don't have patience & panic when the price drops a bit then this is the wrong game for them.

Maybe they should put their savings in a shitty bank bond & get 2% interest on it per annum or something similar that people with no balls & no ambition do.

But but but we were promised moon by bulls backed by some log charts and history!

Looks like we are still right on track to me! I don't see anything to worry about Inflation will also help boost USD value

We are very far off from this chart now...


Although BTC is really going to +50k or 0, there will be no middle ground for BTC.