Topic: Only bears are true bitriots (Read 625 times)
There are no small stable markets anywhere in the world. They simply don't exist. The exchange rate between the USD and EUR isn't magically stable it is backed by $3T in annual trading. Bitcoin gets big (much much much bigger) or it never becomes stable. It is that simple.
i think more people need to start spending bitcoins on normal things. get coins redispursed and keeping the coins flowing into new wallets and in and out an people using it as a currency. this is when we will start seeing a huge increase in price
Your so right!People should start using bitcoin from buying pizza to plane ticket,this way more companies will start accept bitcoin,people will trust more,banks will be forced to reconsider their position about accepting bitcoin,and the value of bitcoin will increase.
i think more people need to start spending bitcoins on normal things. get coins redispursed and keeping the coins flowing into new wallets and in and out an people using it as a currency. this is when we will start seeing a huge increase in price
I'm in full agreement with the tittle of this thread so in a sense I'm with the OP because only those that believe in the potential for price rise are the real supporters. That is just how I feel.
Normalization of the pricing will send the BTC into weaker hands that actually spend it. That is the only future of BTC. If it keeps going like this it will never be adopted as a currency in the mainstream.
I dig what the OP is saying, that if the price is lower maybe more "normal" people will get involved with BTC. I don't think it's what the actual price is, I think it's the volatility that hurts BTC's acceptance.
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Each time there is a price increase, it brings a flurry of new activity into the Bitcoin ecosystem.
I saw this happen on the Feathercoin community when the price rose from like 12 cents to 1.5 dollars. There was a massive influx of excited newbs wanting in and a lot of people got scammed that day haha, then the price fell and most disappeared.
here check this idea out: i been doing a litle thinking lately and i come to the conclusion that only bears really care for the future of btc in the ideal sense. why?? because bulls are looking to get da moon right? if that happen and btc is $10k or $100k each then on the journey to that place, nobody doing the things that actually matter and why btc was created in the first place, ie spending on pizzas. this will kill btc as surely as someone finding a way to reverse the hash. bears on the other hand want price to come down, and by doing many good things happen: peeps will buy more pizzas, other peeps might want to "buy a little btc" to try it out a bit, shops and commerce will be more comfortable dealing and pricing in btc. so we bears are the "right side" ha har 
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