Everybody is sure it will go up, but nobody knows when :-)
It may go down more, before it will start to climb up.
Topic: [2014-9-19] GeekCipher - Bitcoin Price Collapse 9/19/14 (Read 996 times)
I love the price being down. I've bought more bitcoin with the price down than I mined when the price was up!
Bitcoin Price Collapse 9/19/14
The recent collapse in Bitcoin’s value is one more reminder of the volatility involved in cryptocurrencies. It’s also a reminder of human nature: Everybody loves something when it’s up, but even Bitcointalk users will act disillusioned at times when it’s way down. Perhaps people are simply forgetting one of the first rules of investing. Buy low, sell high, and sometimes you’ll have to ride out the times when something is going through a rough patch if you’re sure it’ll work in the long run....
http://www.geekcipher.com/technology/bitcoin-price-collapse-91914/
The recent collapse in Bitcoin’s value is one more reminder of the volatility involved in cryptocurrencies. It’s also a reminder of human nature: Everybody loves something when it’s up, but even Bitcointalk users will act disillusioned at times when it’s way down. Perhaps people are simply forgetting one of the first rules of investing. Buy low, sell high, and sometimes you’ll have to ride out the times when something is going through a rough patch if you’re sure it’ll work in the long run....
http://www.geekcipher.com/technology/bitcoin-price-collapse-91914/
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