It took me more than a year of constant (weekly) highly intelligent exposure to bitcoin, before I bought any. It took an additional year and more, before I allocated a significant % of my holdings to it. I even knew of Bitcoin before Mt.Gox opened, and that was purely theoretical and did not interest me.

So expect a large percent of the ones who heard in early 2013, to buy in with significant money in 2015-2016. Unless they are slower to understand than I was, in which case it takes even longer.

What I see is a very rapid growth. Today is only 5th of May, after all. I'd say hundreds of people understand it in May, and millions in June. In July it is too late to buy bitcoins for investment probably.

Your time seems to extend all the way back to April 08, 2013, 03:13:50 PM.

I was there when it was still not possible to buy from Mt.Gox with more than $1000 per day without influencing the price by 10%+, for which reason I regarded it as a childrens' playground (and later paid 500kEUR+ for my mistake)

often i find myself wishing bitcoin would crash hard so i could buy like a mad fool again 

Try to spell my name correctly, then

Yes it appears I sold like a sucker. Just at the wrong time. I have also bought always the wrong time (even my initial buy was a week before a 33% drop in 2011). Now I sitting on about $70k in Mt.Gox. Good that I only sold a portion, and not even a large one. Never sell out.

I don't think we see $100 ever again.

$900 to $453 is a healthy correction?

Ask anyone in investments if a 50% crash in price is healthy. Good for business.

SMH only in Bitcoin.......

I wanted to start with an insult but that serves zero purpose..crash in april.. from 266 to 50 will say.. = .188 = it shrunk too 18.8% of its value. The recent correction this week from 900 to 414 = .46 = it shrunk by 46% or half its value.. The april crash would have been much larger in impact on peoples holdings.                                
I realize I am basing this on opinion and some reading.. but.. you invest 10k in april you lost 82% of what you invested that same 10k last week you only lost 44%.

I love that: "science" "deniers" - that's two appeals to authority in a single term. The climate change crowd is the most environmentally destructive out there. To care about carbon emissions over things that actually matter, like pollution, is anti-environmental alarmism. It's just an excuse for a global tax. I'm glad that whole charade is winding down, after changing its marketing from "global warming" to "climate change" after the earth refused to warm as commanded. It was one of the lamest spectacles I've seen.

To make fast money? Is there any other reason to buy and advertize Quarkcoin?

The bears will be assimilated like Proudhon.

Whats the Mathew Bet. Please share please do

sure, they might be scams but if they rise 50-100% in 1 day, there ARE money to be made

ultimately its to increase my btc stash.

This hearing means nothing...

I'm not seeing how some of you are saying the Chair is pro-bitcoin... the dude obviously wants to regulate it somehow, he just doesn't know how yet. He claimed that stopping a few money launderers was more important than technological innovation for society. Really? This guy is an idiot.

Anybody else think all that volume just between 4810-4850 is a bit odd?

Complete agreement with your last line. Medium /long term it would likely be bullish, but it might throw us into  a short period of selling frenzy, if it happens.

I don't understand why all these people just don't get it over with and mass dump already? What are they waiting for? They won't let the price go up and also no amount of good news is enough to make it rise either. Everyone is waiting to panic sell. Just do it already. Then we can move on. In whatever way.

That is the best analogy for the market behaviour now!

Why are people trading on Gox? You can't withdraw fiat, you can't withdraw bitcoins. All you can do is trade and lose all your funds to fees.