OP where do we stand now?
We stand as the most powerful network in the world with the most disruptive technology ever. Selling = idiot.
Fund this video the other day: Bitcoin Users in a Nutshell
Just because a technology is disruptive or advanced and proven it doesn't automatically mean it will be adopted everywhere and become successful or world leading. It has to be attractive in other aspects as well.
Also, if you can see smaller price crashes like the one a few days ago, you'd better sell and perhaps buy back later.
I agree, and I dont think anyone could argue that btc isn't disruptive. Every time someone transacts with it, some money is lost that a credit card company or paypal could have made. That alone is disrupting the multi-billion dollar payment industry.
I think it's also possibly more important that it is changing the way people look at currency itself, and realizing that gvt issues notes are not all they are cracked up to be. People have the freedom to transact in other means such as bartering, using btc, using gold/silver, etc. Using only gvt notes onyl guarantees you will be taxed to the maximum extent...
). In my opinion we will stabilize first in a $300-400 range for another half year.
