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Topic: Bearish Scenario - page 6. (Read 5883 times)

legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
October 07, 2013, 08:04:42 AM
#1
No TA

With Silk Road down Bitcoin now has now no practical use. Buying stuff over Bitpay has no practical advantage over other methods and it's volume is negligible if you exclude ASIC sales.
Bitcoin is now 99% concerned with itself, that is either mining or investing, any sensible individual gonna look for a exit in the following months. Then you true believers will be finally on your own.
It's now a pure financial bubble.

Have fun!
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