Bitcoin phrase of 2014 : "PRICED IN"
lol, agreed
It shits me how everything is always 'priced in'
China laws? ... no worries, priced in!
Russia ban? ... are you kidding, priced in!
Russian unban?!! ... told ya mate, priced in!
Mt Gox crash? ... too easy! priced in!
Mark K detailed at airport with 750K coins in paper wallets ... you guessed it!
Im exaggerating obviously but you get the point.
What is the past? A couple of dips and strong rebounds over a period of several months. Price gets higher every time.
I honestly don't understand how you can say this...if it were true, then BTC would be at an ATH wouldn't it?
The truth as I see it, is that since the beginning of the year BTC has had a couple of dips and strong rebounds, however the price doesn't get higher on every rebound which has lead to a steady decline all year.
Don't get me wrong, I'm not a troll looking to spew FUD around, I have some BTC myself, I just don't get it when people don't appear to acknowledge the decline.
Well, hopefully you will come to realize that BTC is a decent investment before it is too late and you will be chasing the train b/c you seem to be holding back from investing in BTC because you seem to believe that the last 9 months are reflective or indicative of what is going to continue to happen with BTC prices in the next 9 months... ..
Anyhow if you do NOT get on board the BTC train, then that remains your choice.. and good luck to you... and hopefully you will have NO regrets with your currently pessimistic state regarding BTC
You've misinterpreted what I said. I am on board... I have a small amount of BTC, I would have more but that would mean creeping into 'can't afford to lose' territory. I'm actually quietly confident we've reached the bottom, or are close to it.
With that said I still wouldn't proclaim it's been a good year for BTC.
Anyway, no big deal...moving on.
What is the past? A couple of dips and strong rebounds over a period of several months. Price gets higher every time.
I honestly don't understand how you can say this...if it were true, then BTC would be at an ATH wouldn't it?
The truth as I see it, is that since the beginning of the year BTC has had a couple of dips and strong rebounds, however the price doesn't get higher on every rebound which has lead to a steady decline all year.
Don't get me wrong, I'm not a troll looking to spew FUD around, I have some BTC myself, I just don't get it when people don't appear to acknowledge the decline.
If you look to each "crash and rebound" prior to November's massive bubble, you will see what mooncake is talking about. I'm going to steal a quote from adamsgt by saying "digital money is happening, and it's happening here" anyone that doesn't have at least some investment in it clearly cannot see the future possibilities of how this will change money forever.
Actually maybe I've misread mooncake...if he was referring to the run up in November then all is good.
I read 'what is the past' and 'several months' and assumed he was talking about recent times. (relatively speaking)
all good.