Everything except the price trend is going fantastic

[NotLambchop]

Lol, if Apple stock charts looked like this...



...hell yeah, sell all Apple stock a year ago!

[1715667033]

1715667033

[oda.krell]

Have to spell it out for you, huh?

The implication being that selling Bitcoin today could turn out like selling Apple stock in 2013: investors scared by a local decline, and not considering the global trend, miss out.

Which is still an open question of course, what exactly the global trend of Bitcoin will turn out to be. I'm not committed to the 100k per coin idea as some in here are (or were?).

However, I'm even less committed to your idea that, because Bitcoin sees one year of bear market, it's game over for crypto.

[Tzupy]

A glimpse into the future of bitcoin:
http://www.coindesk.com/3-pre-bitcoin-virtual-currencies-bit-dust/

[brg444]

A glimpse into the future of bitcoin:
http://www.coindesk.com/3-pre-bitcoin-virtual-currencies-bit-dust/

Hmmm, let's see....

Centralized
Centralized
Centralized

[NotLambchop]

Have to spell it out for you, huh?

The implication being that selling Bitcoin today could turn out like selling Apple stock in 2013: investors scared by a local decline, and not considering the global trend, miss out.
...

Have to spell it out for you, huh?

The implication being that Bitcoin's current price resulted from the last bubble.  If AAPL price stayed in the single/double digits for years, shot up by _an order of magnitude_  almost overnight, and since then remained on a downward trajectory?  Well, I'd say buy buy buy, because the road to mental health is just around the corner.

And stop putting words in my mouth.  Never said this meant "game over for crypto."  Crypto could exist without Bitcoin, and the results of the Bitcoin experiment could contribute to a new crypto, which won't have to repeat Bitcoin's mistakes.

Until then, Bitcoin's fate is not "to the moon or bust," as many here have you believe--Bitcoin will do just fine @$50/BTC.

[brg444]

Have to spell it out for you, huh?

The implication being that selling Bitcoin today could turn out like selling Apple stock in 2013: investors scared by a local decline, and not considering the global trend, miss out.
...

Have to spell it out for you, huh?

The implication being that Bitcoin's current price resulted from the last bubble.  If AAPL price stayed in the single/double digits for years, shot up by _an order of magnitude_  almost overnight, and since then remained on a downward trajectory?  Well, I'd say buy buy buy, because the road to mental health is just around the corner.

And stop putting words in my mouth.  Never said this meant "game over for crypto."  Crypto could exist without Bitcoin, and the results of the Bitcoin experiment could contribute to a new crypto, which won't have to repeat Bitcoin's mistakes.

Until then, Bitcoin's fate is not "to the moon or bust," as many here have you believe--Bitcoin will do just fine @$50/BTC.

 

[oda.krell]

Bitcoin will do just fine @$50/BTC.

You're so stuck in 2013.

[NotLambchop]

Bitcoin will do just fine @$50/BTC.

You're so stuck in 2013.

Nah, it's you who is stuck in 2013.  It's over, brah, bitcoin has been tanking for over a year.

[ObscureBean]

Yes and let's not forget one of the best things to happen to Bitcoin in a while: Circle.com
Circle truly is breaking new ground when it comes to providing Bitcoin to the masses. I got my invitation early and I'm still marveling at how easy it is to buy BTC with a credit/debit card on their site. It's a pretty cool feeling to know that I can get BTC anytime, in less than 3 minutes with just a few clicks Sure they're not ideal for bigger players because of the $500 weekly limit but still I think it's a major step toward mass adoption.

[oda.krell]

Yes and let's not forget one of the best things to happen to Bitcoin in a while: Circle.com
Circle truly is breaking new ground when it comes to providing Bitcoin to the masses. I got my invitation early and I'm still marveling at how easy it is to buy BTC with a credit/debit card on their site. It's a pretty cool feeling to know that I can get BTC anytime, in less than 3 minutes with just a few clicks Sure they're not ideal for bigger players because of the $500 weekly limit but still I think it's a major step toward mass adoption.

Cue lambchop explaining why Circle.com is actually ultrabearish in 3... 2... 1...

[NotLambchop]

...
Cue lambchop explaining why Circle.com is actually ultrabearish in 3... 2... 1...

Nah, but thanks for that [predictably] testy quip.
Circle.com is awesome for Bitcoin.  Degenerate gamblers & junior CloneRoad junkies can now dime out their (parents'?) CC.
Party on.

[djokica]

Bitcoin will do just fine @$50/BTC.

You're so stuck in 2013.

Nah, it's you who is stuck in 2013.  It's over, brah, bitcoin has been tanking for over a year.

http://www.lovethispic.com/uploaded_images/75449-Let-Go-Of-The-Past-But-Remember-The-Lesson.jpg

Dont scare my that price will go down under 100$ i just started with this and i hope your wrong.

[azguard]

Bitcoin will do just fine @$50/BTC.

You're so stuck in 2013.

Nah, it's you who is stuck in 2013.  It's over, brah, bitcoin has been tanking for over a year.

Same was back then all said the bitcoin is history and then he pop up to over 1000$.
You can not expect to be like that then you have loose confident in any crypto not just BTC.

I hope for all our sake that price will go over 1000$ once again.

[bajlox]

A glimpse into the future of bitcoin:
http://www.coindesk.com/3-pre-bitcoin-virtual-currencies-bit-dust/

You think the same fate is for BTC.
I dont think so to much is in stake here.

[BentleyBirch]

All things will be empty if bitcoin has no price

[sidhujag]

Only reason im somewhat bearish on bitcoin is because of the noobs trying to get rich quick with all of their savings.. and we know that pigs get slaughtered so smart money has no interest in making a new top 1% wealthy club... so in reality it should keep around these levels or lower until there is a mass influx of noobs pouring money in causing it to go nowhere but up.. but this will happen just as development keeps going... technicals are good just buy and hold. There are new people coming in, maybe not enoughto cause it to go moon right now but enough and one day miners will stop dumping and the "everyone knows what will happen then" scenario plays out like it always does in every market... except timing will be off for everyone except those who held.

[Chef Ramsay]

Only reason im somewhat bearish on bitcoin is because of the noobs trying to get rich quick with all of their savings.. and we know that pigs get slaughtered so smart money has no interest in making a new top 1% wealthy club... so in reality it should keep around these levels or lower until there is a mass influx of noobs pouring money in causing it to go nowhere but up.. but this will happen just as development keeps going... technicals are good just buy and hold. There are new people coming in, maybe not enoughto cause it to go moon right now but enough and one day miners will stop dumping and the "everyone knows what will happen then" scenario plays out like it always does in every market... except timing will be off for everyone except those who held.

That's the takeaway value for those that engage in trading trying to up their fiat. When the ship sails and you have extra fiat but low on BTC, you're gonna pay an arm and a leg to get back on where the holders are sitting. Of course, first class isn't for everybody. This is really where having skin in the game will pay off immensely after having weathered the storms.

[goldsun]

Could someone explain and answer why the price trend is not going up, while all this new bitcoin adoption takes place?

We are literally in the same price range, and has been, for almost 2 months now. Not sure whats really going on.

[NotLambchop]

...This is really where having skin in the game will pay off immensely after having weathered the storms.

How's that camwhore studio investment of yours working out thus far?  What was it, Klyemax Studios or some such?  All the bitches tied to the same hitchin' post & calling you daddy yet?

@goldsun:  Bitcoin is a purely speculative commodity, think of it as poker chips.  Adoption rate gives Bitcoin a plausible backstory for speculators to exploit, but little more than that. 

[Erdogan]

When the last but one hodler have capitulated, the market will turn.