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Topic: 2013-12-12 Bitcoin in 2014: What Can We Expect? (Read 1122 times)

hero member
Activity: 518
Merit: 500
December 12, 2013, 09:42:12 AM
#6
Touched on some good points; although I think people are a little too expecting of a price hike.

As a miner, I'm cool if the price just stays at $1,000, heh.

Its gone from $10 just over a year ago to $900 now. You can hardly expect the price to flatline .... that would be a portent for the end of bitcoin. Momentum alone suggests the price *must* increase by some amount, even if a few measly $K
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
a little to positive for me. alot of people cant ride the waves (problems, regulation, bans) , they get sick of it Cheesy
legendary
Activity: 2114
Merit: 1031
Touched on some good points; although I think people are a little too expecting of a price hike.

As a miner, I'm cool if the price just stays at $1,000, heh.

I think the issue is that everyone is focusing too much on price in general!  There's a lot more to BTC then just the value against the USD.  Hopefully it'll help encourage more adoption and people to accept BTC!

Increase in value will bring people who see it as a speculative play.

Stability will bring peoplle who want to use it as a payment option/store of wealth.

Can't have one without the other = volatility.
legendary
Activity: 1806
Merit: 1521
Touched on some good points; although I think people are a little too expecting of a price hike.

As a miner, I'm cool if the price just stays at $1,000, heh.

I think the issue is that everyone is focusing too much on price in general!  There's a lot more to BTC then just the value against the USD.  Hopefully it'll help encourage more adoption and people to accept BTC!
legendary
Activity: 2114
Merit: 1031
Touched on some good points; although I think people are a little too expecting of a price hike.

As a miner, I'm cool if the price just stays at $1,000, heh.
full member
Activity: 168
Merit: 100
What can we expect from Bitcoin in 2014?

http://bitcoinboard.net/bitcoin-in-2014-what-can-we-expect/
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