When Bitcoin collapsed to 800 what did I hear? "Too the moon!"
When Bitcoin collapsed to 600 what did I hear? "Too the moon!"
Now that Bitcoin is at 450 what do I hear? "Too the moon!"
You guys are no different than the Aura and Mazacoin crowd: Delusional.
we are still up more then 4,500,000% over 5 years
please remind me of who is delusional
i think it wont be that fast anymore tho.
edit: and its 3 years since it wasnt on any exchange when still in development stage.
Yes, it may be more accurate to use 3 years rather than 5 years as a measuring point for some purposes... but then there are frequently developments that take place that change the dynamics of BTC and the various means in which BTC achieves additional public exposure.
I am in NO way of the view that BTC's future performance is gonna be any kind of exact replica of its past performance; however, I am of the belief that - even though BTC has had a pretty decent run in its recent history... and possibly, the price may have outpaced the building of its infrastructure, nonetheless - BTC continues to be a very decent investment vehicle b/c it continues to have considerable upside potential... just taking on various functions such as money transmittal or storage of value or public ledger or potential ease of person to person transactions without a middleman...
Also, even though there are quite a few crypto-currency quasi-competitors for BTC, BTC continues to have the main momentum and the lion's share of attention and infrastructure building.. which remains likely to last at least for a couple more years... and we may need to reassess as we go if there develops some alternative(s) to BTC that is (are) better than BTC.... but at the moment, BTC is where its at.....
Surely, there may be some better investments and more stable and more secure, and even more profitable etc. etc... But so fucking what? If there are better investments, then we can allocate accordingly, and if BTC seems to be too risky, we can also allocate accordingly.... roll with the punches...
and currently, BTC seems to be a great price... so BUY, BUY, BUY!!!!!! or HODL, HODL, HODL!!!!!! and I am sure we have some other great expressions to capture the current state of affairs in BTC-land.