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people who blindly follow anything with unthinking cult-like lemming mentality i think are idiots - bitcointards, christians whatever ..
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If you haven't researched how something operates you should think twice before calling someone else an idiot or you'll just end up shooting yourself in the foot like rawdog does in that video I posted above. |
http://blogs.forbes.com/timothylee/2...bitcoin-crash/
In contrast, there?s no significant community of people who conduct commerce exclusively (or even primarily) in Bitcions. And you can?t eat, live in, or make jewelry out of Bitcions. And this means there?s no logical stopping point to Bitcoin?s price decline. So far Bitcoin enthusiasts have been buying Bitcoins as the price falls, convinced that the price will go back up eventually. But as the hoped-for rally has failed to materialize, more have gotten discouraged or bored and cash out, pushing the price down further. This process has been going on for a couple of months, and now it appears to be accelerating. I suspect it?s terminal. |
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The price of bitcoins doesn't matter really for it to be a currency, the only thing that matters is that its stable which will happen in time. |
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EDIT: I'm not gonna keep posting, dont wanna sound like I'm trying to pump and dump. I just think its a great idea if the people doing services can get their security in order. |
Gone too fast!
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