I always like these posts that look at old threads from the history and see what people are saying about prices. I don't care about whether they were right or wrong but it is pretty interesting to see the mindset at that point and hopefully if you were around at those dates you can see what kind of mindset you yourself had and if it was right or wrong. it can give you some good experience too.
some fun history can be found if you dig too deep like this: https://bitcointalk.org/index.php?board=57.16120
then you can find gems from the old days like this one: https://bitcointalksearch.org/topic/ready-for-faceplant-57279
which is basically kwukduck saying bitcoin is dead and will fall from $7.5 to $0.7
some fun history can be found if you dig too deep like this: https://bitcointalk.org/index.php?board=57.16120
then you can find gems from the old days like this one: https://bitcointalksearch.org/topic/ready-for-faceplant-57279
which is basically kwukduck saying bitcoin is dead and will fall from $7.5 to $0.7
Its funny alright, some things dont really change.
Here is a quote from one of the example threads,
it is almost similar to what some people are thinking now,
will I buy now or wait for an extra fall?
will I buy now before it goes up?
If only we could go back 6 years $6.50 per bitcoin...
we would buy at the $7.XX price without comment or hesitation.
SO lesson to all, BUY NOW
"Hindsight is perfect vision, Foresight is a blessing"
I think this correction is very healthy. People are not yet ready to buy at $7+. I for one am thrilled for the possibility of still getting coins at $5.x which seems likely at this point. Or even at low $6.x.
This correction will reverse very quickly once it hits the $5.x area. Hopefully I can get some cheap ones before it's too late.
This correction will reverse very quickly once it hits the $5.x area. Hopefully I can get some cheap ones before it's too late.
