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Topic: I was high on bitcoin - now I feel bad - page 2. (Read 2872 times)

hero member
Activity: 910
Merit: 1000
Items flashing here available at btctrinkets.com
April 12, 2013, 10:09:24 AM
#4
Bitcoin is far from being over.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
April 12, 2013, 10:08:54 AM
#3
Great time to buy bitcoins.
full member
Activity: 185
Merit: 100
April 12, 2013, 10:07:15 AM
#2
Grow a pair.

 Cry
hero member
Activity: 770
Merit: 504
April 12, 2013, 10:05:30 AM
#1
The BTC crash these days make me feel disheartened. Not so much for the loss of money as for the potential loss of an great idea. I knew it was a bubble, and that some correction would take place. But this! A low $54! And who knows if that's the bottom? This must be something more than a correction, and my candidadates are:

1. Large money investors got in. (bitcoin volume is to small for mega-traders)
2. Sabotage by FED or other bankers - remember those people have free FIATs.
3. Too many people get worried, gain disbelief in the idea of bitcoin.
4. The lack purchasing power in BTC - beyond  alpaca socks

I am confused now, and uncertain for the future of cryptocurrencies. I want to buy in again with what I managed to change back to FIAT during the fall, but have lost my guts right now. If market is manipulated as in pt.2 - I cant see how me and the bitcoin community can pick up the fight. Bitcoin is definitly a genious idea - but is to vulnerable? Someone cheer me up here?
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