I feel so sorry for those guys that were waiting for 70. I feel even more sorry for those guys that are now waiting for 105.
i waited and am still waiting for 70, if we never get there, oh well.
Why on earth do you think we will go back to 70 any time soon?
I don't need soon.
By soon I mean 2015
Yes I was hinting at the next bubble burst, but you are probably right, I doubt the bottom of the next bubble will be 70.
I guess what I meant really was that we simply are not going to see 70 again in my opinion. I think since 50 we've had an uptrend, higher lows and higher highs.
If in 2015 BTC is worth 70$.. Well, I don't think rpietila 300k are realistic, but, expect a 70$ in two years is pretty bearish. I would say 300$ as normal easily.
Well to be more clear I was looking for low 70's.
And yes, we might not ever get there again. But in 2 or 3 months? Maybe.
I saw the 32$ to 2$ That took months.
True, but this is truly something that cannot be compared to a traditions currency, stock, protocol, technology, etc.
However, I'm not saying you are wrong. Government intervention might take it down. It depends on the government. Imagine the US is against it but the rest of the world is for it...
On the other hand, the China thing has just started. It can shoot to $1000 and then come back down to $70. We shouldn't get attached here. We are really taking part in one of the
worlds biggest experiments. Since BTC is anti-fragile, I'd say the Universe is on our side.
Realistically, BTC is not about getting rich, it is about a new form of money. And, if it is successful, you will only need 1. Think about that...
IAS
