[2016-01-16]Bitcoin Ecosystem Starts To Recover As People See How Certain Indivi

[jdebunt]

Owning Bitcoin feels like riding a very expensive roller coaster at times, but that doesn’t make it less fun than being in a theme park. With the current Bitcoin price swinging up and down like there is no tomorrow, novice people are getting worried there will be no recovery anytime soon. Experienced Bitcoin users are enjoying the ride and the view, knowing that the ecosystem has already started its recovery process.

http://themerkle.com/news/bitcoin-ecosystem-starts-to-recover-as-people-see-how-certain-individuals-are-expendable/

[1715570120]

1715570120

[Kprawn]

That is just the thing about Bitcoin... You have a core {no pun intended} group of people who strongly believe Bitcoin will succeed and they are holding onto their Bitcoin to the

end, not being phased by the smallest rumor that the experiment failed. Then you have the speculators, who are in it for the profits and will react to the smallest bit of bad

news, and when they realize that it was just a bunch of crap, they starts to invest again. {Riding the volatility} In between all of that, you have some people sitting on the

wire, who just invested some money into Bitcoin, because a friend mentioned that it's the best technology out there at the moment. When they see these headlines, they panic

and sell. Bitcoin will always be like that... and we will see a lot more of this in the future.   ....The secret is to buy back the panic coins, when the small believers run.  

[Nathland]

I have very few bitcoins, not even one whole bitcoin. I will buy when there is a panic. It is good opportunity to buy for me.