Funny you'd pick only two of many, and two of the least relevant and shortests posts, at that....
Why not include this one (found at the bottom... other people's posts included for context":
The price of one Bitcoin was roughly $260 USD now at around $150 USD, WHAT HAPPENED?? ~Brown
It was not a crash. What happened was some people were pumping the price up, then they had a large dump. Dont worry BTC is goign to stabalize back to normal prices which is around $170-180. ~StormSurge
"Dont worry BTC is goign to stabalize back to normal prices which is around $170-180. " ~StormSurge
And you're so certain of this why? In other words, how are some of you able to speak with such certainty about this? Experienced FX traders can't predict with any great accuracy currency trends, so how come so many of you can do just that when it comes to bitcoins?
Speculative bubble if I ever saw one....... ~Sproxz
Because we have seen it happen time and time again. Its a cycle. People pump up the price. Then after they are happy with the price they all collectivly dump, causing it to fall. Then what happenes is everyone sees the new all time low price so they all buy at the low price. After a ton of people buy it at that low price it goes back up. Then people sell again. Causing it to stabalize. It happens all the time. Several times just in march we have seen this happen. ~StormSurge
I'm amazed you guys are playing with fire like this.
Just because "we have seen it happen time and time again. Its a cycle" is no guarantee it will continue to work that way. The only reason it has repeated this "cycle" as you call it is because people like you continue to believe that it will always go back up and stabilize. This is by definition speculative investing and there is absoultely NO fundamentals justifying this kind of valuation or certainty except that you guys are convinced of its value.
The most basic disclaimer given by any reputable financial advisor that MANY of you are not giving two shits about: Past performance is no guarantee of future results. <--- I think each and every one of you dabbling in this FX trading needs to swallow your hubris, step back from the precipice, and admit you don't know WTF you are doing before someone bites off way more than they can chew.
To put it more bluntly, there is a such thing as "smart money" and "dumb money"... the "dumb money" follows the "smart money", it is a herd mentality that runs the price up (and the smart money exits as soon as they notice the dumb money rotating in). With these insane numbers of noobs joining the party (see: http://techcrunch.com/2013/04/11/bitcoin-price-drop-caused-by-rush-of-in... ), it's only a matter of time before the whole house of cards comes tumbling down. Maybe it will be in a week, maybe several years, but it *will* happen and it won't be pretty when it does.
Oh, and when the SHTF, trust me... each and every one of you will belly-ache about how it was impossible to see it coming and nobody warned you. Yet here I am (and historical example after historical example) warning you about the perils of the path you are taking, and yet you will make the same mistakes every investor in a "sure thing" does because, after all, "this time it's different!" =/ ~Sproxz
And just for you, because you seem to have a problem with cherry-picking the posts I made, here's a couple of more that were relevant (minus the several that were delted by overzealous mods for "content"):
https://teksyndicate.com/comment/1378948#comment-1378948
https://teksyndicate.com/comment/1608653#comment-1608653