ALL,
Thanks for all the messages, I read every one of them and you guys are very positive which is refreshing during this time.
But real talk, what the FUCK is going on with this sub $250-$300 price? (Edit- Actually the price is at $230 now, wow)... we are about to approach 2 years of bear market. You early motherfuckers used to see massive bubbles every year, now it's almost become a fantasy.
What if there are no more bubbles? What if the block size debate and other limitations becomes the end of bitcoin? What if the devs decide to get rid of the 21million supply cap? There are so many things that are possible that could lead us to a shitty price....
Yet I still have hope. I'm almost positive we are in the extreme lows right now and the price will eventually rise by 2016 block halving. But I have my doubts about it reaching ATH again, or even $1000, or even $690 where I would break even (Update- I've been buying in the 200s and my price avg should be lower than $690... it's maybe about $630 now). It just sucks that I will probably have to wait another year to see any exciting action... I'm really sick of all the bad news and the bear market that never ends.
You are looking at this the wrong way sir.
Excuse me?
You have posted this thread on March 01, 2015, 11:34:57 PM, so you can compare now and then value of Bitcoin, I hope you are nearing to the point of break even, hope you will make it down the line in 6 months or a year and wishing you for very good luck !
"We must accept finite disappointment, but never lose infinite hope" -- Martin Luther King, Jr.
Wow, 6 months ago.... and the price right now is $230, pretty sure it's lower than when I posted
But still, I know bitcoin is going through rough patches right now....
I would just hold for a few more years and see where it goes, you can invest in some other Alts if you wanna try your luck, but best bet is to just hold and hope for the best.
That's what I'm thinking, about needing to hold for a few
years....I don't forsee any kind of rally or exciting news anytime soon.
Not any time soon. I would stay bulllish as hell now that we'll see lower prices thanks to the blocksize debate and people having doubts (ignore them they are clueless and bitcoin will live on one way or another). Keep buying monthly, all month is bull month.
I think this is the last time bitcoin will be this cheap, next bounce off i think it will take off and go to the moon!
I just hope it doesnt even get back to 500 $ ever, it stays 700$-1000$ range for the next 2-3 years!
You are very optimistic, it's just hard to be when you see the kind of bullshit that's been happening over the last year. Any tiny uprising we see in price have been crushed by downward pressure. Any good news gets buried by all the bad ones. The sentiment and confidence in the community seems to be near an all time low, which is understandable because of this damn 2 year bear market. I just hope things turn around and go the other way for once
The price is insanely manipulated, the marketcap is tiny (which only shows the potential Bitcoin has to grow). It's a waste of time trying to mentally masturbate about the price too much, the best tactic is just to buy as much as possible monthly. If you study the technology and understand the context in history where Bitcoin has appeared it should be clear how it is destined to win. Of course everything can go to 0, but I would say there is a 20% chance vs 80% of it becoming insanely valuable in the next years.
