Sheesh. Hope this whole episode is over and done with soon. Can you imagine how this looks to anyone thinking of entering the crypto world?
Price jumping up and down like a yo-yo and most people here screaming 'crypto is dead'. It would be scary as hell to want to invest.
I have been on the scene for quite a while now and seen it all before so I don't get so jumpy anymore but for a n00b they would run to the hills!
Just hoping that things calm down and we can ge on with doing what Bitcoin does best and Moon!
this is not all that 'fun' for those of us who have just held since 2013.....at least the price dump in 2014 was imho due to 'outside factors'
not imploding and on power trips by devs of any flavor 'from within'
likely nothing will get consensus and we will just have to live with FUD for the next couple years...thus sideways price at best
So... basically at 200$ ... many people would have thrown a few bucks in there for a few coins. But at least like 10.000 people on the globe would have bought every month.
Meaning that if it was to go under 100$ .... "the little guy" / "the little people" would have brought up their mining rig to keep it alive... And another 100.000 people would have bought the dip.
If it was $10-20$ everyone would have bought at least a few thousand coins. And many of them would just have hodled. And with time creating bull or bear trends. (that we already have set in place)
So for now... supply is becoming more scarce! ... And many people just have become complacent and comfortable with
BTCiTcoin... until they don't feel safe anymore and will jump to another similar alt-coin, just for the transaction and then returning to bitcoin with a new anonymous 'account'. But many for now that jump to other alt-coins, are just gamblers and try to profit from a bubble. In the end it will be just another sh!tshow.
. We go up or we go up. 
