A crash in the price of any investment (let alone BTC) can never be good unless you are looking at it from the sidelines waiting to get in...
Even so, a lot of people have a hard time pulling the trigger when the prices of something is massively dropping..
Topic: Could the so-called Bitcoin 'price crash' be good for the cryptocurrency? (Read 830 times)
August 06, 2014, 01:09:52 PM
August 06, 2014, 01:03:18 PM
all i know is that in 10-20 year horizon bitcoin will fund my retirement
August 06, 2014, 12:20:51 PM
What a ridiculous article, but thanks for posting it.
"The Winklevoss brothers predicted that the coins could peak at $40,000 each. Of course, it turned out that, as in so many other things, the brothers were dead wrong." This guy either is being purposefully obtuse or is just stupid. No one said $40,000 right now. No one said $40,000 in January. I had to stop reading after his stupidity at the start because if he was that dumb, the rest of his speculation is probably as bad.
He was probably one of the people who said that June 2010 when it hit nearly a dime per that it was a bubble and that people who were saying it would be worth, $1, $10, $100, or $1000 were "dead wrong."
"The Winklevoss brothers predicted that the coins could peak at $40,000 each. Of course, it turned out that, as in so many other things, the brothers were dead wrong." This guy either is being purposefully obtuse or is just stupid. No one said $40,000 right now. No one said $40,000 in January. I had to stop reading after his stupidity at the start because if he was that dumb, the rest of his speculation is probably as bad.
He was probably one of the people who said that June 2010 when it hit nearly a dime per that it was a bubble and that people who were saying it would be worth, $1, $10, $100, or $1000 were "dead wrong."
August 06, 2014, 09:27:21 AM
Could the so-called Bitcoin 'price crash' be good for the cryptocurrency?
http://blogs.telegraph.co.uk/technology/willardfoxton2/100014074/could-the-so-called-bitcoin-price-crash-be-good-for-the-cryptocurrency/
http://blogs.telegraph.co.uk/technology/willardfoxton2/100014074/could-the-so-called-bitcoin-price-crash-be-good-for-the-cryptocurrency/
Jump to: