Mervyn_Pumpkinhead
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August 28, 2014, 02:09:03 PM

Well, ultimately when people invest, they consider probabilities and then invest accordingly. Some people stick to their guns and just wait it out, and others waffle and others monitor and methodically readjust their investments.  If some people consider bitcoins to be like snake oil, then they will likely choose NOT to invest or they may choose to get out of BTC as an investment.  I doubt that the perception of snake oil is as prevalent as you make it out to be, and instead there are more and more people who are becoming inclined to invest in BTC rather than disinclined.. and we will see how that evolves over the coming months.  I expect upward, and you seem to be communicating that you expect downward, and we will see who is right... that is if you are still hanging around here (to save us from ourselves and the snake oil salesmen) next year.

Ok, let's just see how the market goes, and how your doubts will work out for you Smiley