Pages:
Author

Topic: why no crash ? - page 3. (Read 2566 times)

legendary
Activity: 1148
Merit: 1001
May 16, 2013, 09:11:01 AM
#4
I am by no means an expert, but I think the problems with BTC have been countered with some of the positive press that is out there right now too.  We have Gyft that has made BTC easier to use (so we can't use Dwolla on Mt.Gox anymore?  We can all get gift cards if we want. Wink or just use a different exchange)  Also, there is millions of dollars being pour in by VCs.  This can only help BTC gain more traction.  As concerned as I think I should feel about the problems, I am still bullish and holding on through these little waves.

hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
May 16, 2013, 09:10:51 AM
#3
Markets aren't rational.

Also consider that the present market may just be more fragile at trading prices above about, say, $150.
donator
Activity: 1218
Merit: 1015
May 16, 2013, 09:09:30 AM
#2
The market runs on rainbows, sunshine, and pixie dust because Bitcoin.
legendary
Activity: 2338
Merit: 2106
May 16, 2013, 09:07:01 AM
#1

april 2013:

bitcoin is skyrocketing, the community can hardly breath due to self confidence, price goes to the moon, hype is all around, nothing can stop us, tomorrow we own the world, but then...

due to "success" mtgox server fails, that´s all it takes:

= panic all around, panic sell, C R A S H



may 2013:

bitcoin is very volatile, a lot of people think it will be like in 2011 and go down, the community has no confidence, no hype, is bitcoin dead?, but then...

the us government starts seizing mtgox accounts = attack.

= panic all around, but NO crash


what am i missing here? logic?
Pages:
Jump to: