no more bubbles. but stable and constant growth.... and I wish that will happen, so most of the greedy bastards here will learn a lesson.
A stable and constant growth is only possible in short to mid term times spaces. The fundamentals of the bitcoin economy can not handle this kind of growth. A strong bear market, going down to low 300's - possible. A stronger bear market , going down to 100's - possible. A stable and constant growth over several years - no.
Thank you for the astute analysis - please... have a seat and enjoy a nice tall glass of stfu - you are whats wrong with BTC - plzlearn2economics
Why so upset?
I studied economics (Volkswirtschaft). Well, I could tell you that I'm Julio Iglesias, too. But however. A stable and constant growth is not possible - just my point of view. No reason to freak out ;-)
In the off chance that you are economic studying Julio Iglesias - your knowledge has indoctrinated you in a world you cannot move past - I know a lot of 'educated' people who fail to see a HUGE paradigm shift.
But I also saw that when I tried to explain to an elderly man that the post office would take a back seat to email and he told me I was speaking 'rubbish'
You can't stop technology - and good luck trying to block the truth - Bitcoin is our only chance to have TRUTH in an otherwise nebulous money society.
I'm not saying that bitcoin will fail or is forced to fall back to the 100's. But it could. Being aware of the risks of a very, very young market let me see downward movements with composure. I doubt that bitcoin could growth in a harmonic way, since it's not the way in which young markets are growing.
Being an ecomist does not qualify me to make valid judgements about the bitcoin future. In some cases even high qualified economists fail to make valid conclusions regarding very young and volatile markets:
http://www.handelsblatt.com/unternehmen/banken/commerzbank-chefvolkswirt-bitcoins-haben-auf-dauer-keine-chance/9118802.html
Well at least you aren't so caught up with arrogance that you won't admit to the possibilities.
Anything is possible my friend - I personally back freedom... Bitcoin means a lot to me - more than just money in my pocket
) SO the BTC was an epic scum to get on my money, or what???
