Lost my faith

[tokeweed]

I'm afraid I've lost my faith in Bitcoin. Somebody save me..

pfffft.  c'mon, btc will trend up again.  only question is when.

[1715063106]

1715063106

[BitChick]

I'm afraid I've lost my faith in Bitcoin. Somebody save me..

pfffft.  c'mon, btc will trend up again.  only question is when.

TODAY!    

[KnCMiningOp]

I'm afraid I've lost my faith in Bitcoin. Somebody save me..

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

― Warren Buffett

[IIOII]

There's no reason to loose faith. BTC/fiat valuation drop is mainly due to mass activation of highly profitable asic devices while difficulty adjustments always lags a bit behind.

Bitcoin acceptance is constantly growing.

Just be patient and use Bitcoin.

[Hippie Tech]

There's no reason to loose faith. BTC/fiat valuation drop is mainly due to mass activation of highly profitable asic devices while difficulty adjustments always lags a bit behind.

Bitcoin acceptance is constantly growing.

Just be patient and use Bitcoin.

The price is dropping and will likely continue to do so because of the asic scams and the way they have hoarded the hashpower and coins.

Who will want to invest if/when the full scope of the asic scam becomes known ? eg. 30-50% of the new coins mined this year should be considered, stolen property.

Bitcoin seems to have become nothing more than a CIA backed cashless fiat knock off. :/

HT xD

[vokain]

I'm afraid I've lost my faith in Bitcoin. Somebody save me..

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

― Warren Buffett

Or my favorite,
"Buy when there's blood in the streets, even if the blood is your own."
—Baron Rothschild

[cryptoanarchist]

I'm afraid I've lost my faith in Bitcoin. Somebody save me..

Faith? Faith is dumb. If you base your investments on faith maybe you should be saving tulip bulbs.

[KnCMiningOp]

I'm afraid I've lost my faith in Bitcoin. Somebody save me..

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

― Warren Buffett

Or my favorite,
"Buy when there's blood in the streets, even if the blood is your own."
—Baron Rothschild

I like that one as well.

[JahPowerBit]

thats because you are reading the high price which is always volatile.. check out the monthly low price.. you will see there is a constant rise. the low price is more of the indicator of true value and growth indicators.. the high price is just pure speculation and should be ignored for long term investors

good, you should never have faith in anything. faith is the antithesis of reason and evidence.

WOW!!  2 jewels on only one page !!! thks guys!

[dserrano5]

/mewants this chart updated.

[tokeweed]

I'm afraid I've lost my faith in Bitcoin. Somebody save me..

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

― Warren Buffett

buffet is leveling everyone to lose your money.

[saddambitcoin]

i cashed out but i'll be back, with ten stacks

[ThatDGuy]

/mewants this chart updated.

While I didn't do that chart, it was the reason I created this spreadsheet, only tracking the lows:
Google Spreadsheet with Monthly Lows Summary Data

Updated it to include the current lowest price from July and added a chart that tracks the monthly lows in addition to the percentage change chart.  The data is all pulled from BitcoinCharts tracking of MtGox numbers daily.

[dropt]

There's no reason to loose faith. BTC/fiat valuation drop is mainly due to mass activation of highly profitable asic devices while difficulty adjustments always lags a bit behind.

No, no it's not.  You need to re-evaluate the total number of coins mined per day and the total volume of coins traded on the exchanges in a day.

DROP IN A BUCKET.

[wopwop]

I'm afraid I've lost my faith in Bitcoin. Somebody save me..

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

― Warren Buffett

Or my favorite,
"Buy when there's blood in the streets, even if the blood is your own."
—Baron Rothschild

I like that one as well.

I personally like this one: