mmitech (OP)
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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October 04, 2014, 05:19:34 PM |
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Despair... I did notice that hero and legendary members are in that faze, my thoughts are: if you didn't sell at least some of your stash near the top or even a bit lower, then you are a fool....
Those people forget that Bitcoin has value because of the people that comes after them, and their coins have a higher price because new adopter's demand and them hoarding the coins, once those new adopters lose confidence you are simply doomed, if those early adopters keep hoarding they will regret it so bad and they could be a problem in the future, because once they realize they fucked up, they will start selling at small uptrend moves and this will automatically create a pressure.
in other words, all the people here waiting for bubbles, these kind of things would be hard to happen in the future. (if it happens as described above).
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