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by cvsh 3104 days ago
I feel like this may have been the last upswing this big. A lot of regular folks are going to get burned, and they're not going to forget. The societal consensus 6 months from now will be that Bitcoin Was A Scam, and that'll depress speculative potential.

Which is a good thing, insofar as Bitcoin may actually have a future as a currency. But a bad thing for HODLers.

1 comments

a similar but much more pronounced thing happened in 2013 when MtGox was hacked and the Bitcoin price crashed. people will rush back in to try and make a quick buck