Topic: 2014 is NOT the year of bitcoin, sorry - page 10. (Read 19640 times)

Way to early to tell, it's still only February.

A bit of good news, more mainstream adoption, endorsements from public figureheads is all we need for another jump up.

the biginning is tough. donno when it will bounce up again

OP bought it too high?

Bumping for a reality check


Noobs will think bitcoin is slowly dying... but like I said 2014 is NOT the year of bitcoin. Expect a shitty ride for most of the year, if not all the way through 2015. Expect the next explosion closer to 2015

Yes early days for Bitcoin.

yeah still early. some province dont even have internet yet

I didn't learn about Bitcoin until November of 2013; the point I'm making is that we are all early adopters here right now...

Think about it, Bitcoin is in a stage of it's development where the scope of it's possibility isn't even fully understood. All of us here are in the 0.005% of all future adoption.

There's so much potential here and even those who bought at $1,200 got an amazing deal. You might look at the market today and think that your $1,200 per coin investment was a poor choice. That would be completely discounting what you just might actually have bought yourself... A rich future.

Bitcoin has a binary future. Either it will take over through the vast superiority that we've all had the foresight to see, or it will disappear from the world and be worthless. The future's not written on the wall but the world doesn't just eat out of the hands of regulators and law makers. If the technology is superior, people will use it. You can't un-invent a technology... It will exist and the world will use it for as long as it is useful.

I'm ready to be pleasantly surprised/ flabbergasted.

I won't be heartbroken if epic price explosions don't happen this year. They're on their way eventually.

I think there is enough room in one year for both to happen.

Because it is! Or maybe some will say that is not. According to prices of hardware and all costs included + stress it should cost more..


Bitcoin already has changed the world and will even more!
You are very lucky to be an early adopter and I wish I could be one of you to. But I was not

And sure that people should learn to just HODL

My feeling is that any price rise in 2014 won't be setting the world on fire. It'll be a year of relative consolidation.

Building foundations and infrastructure is far, far more important than another procession of bubbles and that's what this year is promising.

Once more of that is in place we'll be ready to have minds blown again.

The fact that we're still above $600 given the scope of this FUD storm is an indication that the current price is way undervalued.

Economists are talking about the underlying technology aspect for once; that's more than valuable, it's priceless.
The price drop didn't hurt any of the major businesses who accept Bitcoin; that's extremely re-assuring.
New innovations are in the works that can change several aspects of the world outside of the financial sector; how exciting is that?

The impact of this FUD on a previously bearish market leads me to believe that a rally is coming very soon. It's like we're primed and ready for it, and as soon as those Bears get into the "buying" mood it'll snow-ball into much more.

The problem with Bitcoin is that a majority of the exchange users are trying to be ultra day traders and they pretty much pre-determined a bottom to this market at around $380 across the major exchanges.

What they aren't really accounting for is the uncharted demand. Looking at the volume of a bid wall won't show you how many people don't have orders already set. CoinBase ran out of fiat in the exchanges from the US demand alone. None of those bids would be visible to people using conventional charts and TA. There's a shadow market behind the exchange that spills into the exchange when the price lowers.

I don't think there's much more opportunity to recover from a bad "sell" decision from here. It looks like we've found a huge level of support here and it's not going to show up in the charts...

I really think Bitcoin will change the world very quickly and I feel lucky to have the opportunity to invest so early in it's adoption.

We're getting close to another major market move; I expect it to be upwards. I don't understand why anybody would sell right now unless they really need to pay for something of use.

Every year is a year of Bitcoin!

From 2008 till it's death!


Crazy to think not the same

You do know Bitcoin was $28 this time last year, right?

If anything even with all these obstacles this year look damning, but this chart shows Bitcoin's resilience.

Bitcoin hasn't fallen that much I don't know why everyone is panic.

Yeah 2014- year of investment
year 2016- buying hotel on bahamas 

Isn't there still 10 more months in 2014?

Rough start, but it's not how you start but how you finish.

Remember 2013 on January 1st was $13.  Thirteen Bucks!

Just seeing BTC bounce around this $600-$800 range for several months should be grounds for optimism.

And NO, I'm not counting MtGox prices.   

It's been  a bad start to the year I admit but I see good things coming of Bitcoin.

In 2014 we will see flying bitcoins.

Sounds like a troll attempt, but if not, you really should think more thoroughly next time before you invest money that you "cannot tolerate to lose" into whatever (not just Bitcoin).  You should only invest what you are prepared to lose in case something catastrophic happens (or you just need to wait a little longer than a few months for it to make profits).