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RE: MORE BAD NEWS - UK Banks Ban Bitcoin

in #bitcoin7 years ago

this too shall pass, after winter comes the spring. The Regulators can damage but not stop the block chain and bitcoin and friends. this will shake out the speculators and sadly do some serious harm to people that borrowed to buy the tulip bulbs.

but unlike the tulip bulbs, and like the dot.com bubble of 1999-2000, the underlying idea of future usefulness and value is still there.

I'm looking to our Fibonacci friends to come out and tell us that was the bottom, just like the price can't go up that steeply forever neither can it go down that sharply forever.

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Yes, that's true. This is the part of game and it makes it interesting other wise there will be no fun :p

~Sorry for the late reply. It took me so long to reply and see what, bitcoin is doing great.