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Author Topic: Bitcoin Price Lately  (Read 2384 times)
the joint
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May 19, 2014, 09:05:10 PM
 #21

There is no reason to believe that we are at a bottom now, except wishful thinking and denial.

LOL to the funny Bears:
It is child's play to prove we are much closer to the bottom than the recent top.

Bitcoin Price Lately
Depends on how you define "lately", since the last month has been brutally boring.
We will have excitement again, it's only a matter of time before the ton of good news pushes the market higher.

What ton of good news?

New businesses accepting, new investors investing, tens of millions of dollars funneled towards business and infrastructure development (e.g. $30 million to BitPay), greater legal clarity, it's steadily gaining credibility in an "Oh, this is real, isn't it?" kind of way, increased media coverage, MIT offering BTCs to its students (Coinbase has similar offers for new student registrants), verbal and financial endorsement from various sociopolitical leaders and billionaires, hundreds of ATMs being distributed globally, Winklevoss ETF is progressing, etc.
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