Topic: 2014 is NOT the year of bitcoin, sorry - page 13. (Read 19639 times)

Haha, I actually think 2014 will be the year of the Bitcoin though. This year has only just got started; I'm sure there'll be much excitement and positivity for Bitcoin to come. People just need patience.

Every year has been the year of bitcoin since its creation.

That will change. The drugs link seems to have started to be referred in the past tense when it's mentioned now. It's bound to be a bumpy ride and I'm sure there will be much worse things to come, but also much more positive things too, like more merchant adoption and the positives of Bitcoin being shown in the media.

It hasn't started that way, but still there is more then enough time for it to end that way. I mean you never know how it will proceed from here. It could get a lot better, or lot worse.

You know that it's not a good thing that people associate Bitcoins with drugs, right?

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No, nobody knows what will happen this year. I personally think that we are in for a hell of a bumpy ride with all the new regulatory attention to bitcoin, but if we play our cards right we'll be heading for the moon. I'll buy til' the end.
OP, you do as you wish, and I hope that this year proves you wrong.

Get ready for messy shorts guys

don't you remember bitcoin rise up from below 100$ to 245$ in Feb - April 2013, then dump to 75$ from April to July 2013 and pump to 1200$ after that, noone know what could happen

"Greedy when others are fearful" is fine, but greedy when significant bug is uncovered and exchanges are locking customer withdrawals one by one is just irrational. I think a lot of people will be starry eyed when we hit the $600 and $500 marks (cheap coins!) but as the reality of the situation sinks in over the next few days and prices drop even further, we're going to see a major rush to the exits that will get ugly.

Surely it's no different in the respect that now most peoples' expectations after the start of 2014 has been low - could be completely different. We just don't know. Sure it has been a tough few months, perhaps a hit of realism to this fantasy but considering all it has been through Bitcoin is holding up pretty well.

Hopefully these issues will be addressed (no pun intended) soon enough and Bitcoin can get back to firefighting the daily FUD from governments and news agencies.

OP: "derp 1 crash derp game over derp bitcoin dead"

Posts like these make me ever more confident that now's the time to be buying.

Greedy when others are fearful... the principle of maximum pessimism.

Keep the bad press coming folks, I got orders that gotta get filled...

I was feeling positive overall until this week, and now I have to agree with Dafar. 2014 may be the year of Bitcoin... falling. That's not to say it's finished, it may recover again in 2015, but all these problems with the exchanges and government regulation popping up around the world is a rude awakening that we have several major issues that need to be worked out before the price can be pushed up much further.

If bitcoin gets above $1000 and stays there I'll be happy and still call it the year of BTC. $1000 was the dream, breakthrough price of many people for years. Everything is ok as long as we go forward. Small steps my man

go to hell loser.  as long as we can buy weed and cocaine with bitcoins everything will be a-OK!!

OP- Bitcoin was not that exciting last year in January or February either.  Can you at least wait until March to make this statement? 

1, 2, 3, 4, 5, 6

Hmm, OP, can you help me? Please give me 6 numbers from 1-60? Thank you in advance.

I agree and I'm bullish for the long term but not this year my friend, not this year. At least not for the first half of this year. FUD is too strong, too many weak hands holding bitcoin for a quick buck.



Well I hope you can prove me wrong but I wouldn't bet on it.


So wait, you're both calling me dumb because your speculation is different from my speculation? Because I don't believe we'll see the same trend that we did on 2013? Get the fuck out of here

I know this is only February. I made a thread on December 2013 saying we're gonna be on a sideways journey for a LONG time (long as in most of 2014) and I still believe that to be true. You guys are the dumbasses thinking we're gonna have exact same patterns as the years before. Things are different now. The reason we even broke 1000 was because of China, but now they're kinda out of the picture and not contributing to the price like they were last year. There are a lot more noobs holding bitcoin that will panic sell at the drop of a pin. The market cap is much higher now and the money needed to cause another price hike is significantly more than before... right now there is NOTHING in the near horizon that will attribute to that. Maybe if we are lucky we will hear a giant like Netflix or Amazon say they want to accept bitcoin, but it's unlikely for that to happen in these unstable times, and even so the jump won't be as significant without a huge amount of money coming in.

Do you remember the crash on July 2011 that took over a year to recover? And the crash on April 2013 which took 6 months to recover? That recovery was quick thanks to China's fake bullish stance and the US Senate hearings which cleared up the fear of bitcoin being banned form the US. So what makes you think we will just magically recover form this bubble? We need something extremely significant to happen this year for a recovery and rally above the ATH of 1240 and that may not happen until the end of 2014 or next year. People will not find bitcoin very attractive this year with all this FUD going around and rumors of exchanges halting people from withdrawing money.

Let's not throw out insults like a 12 year old just because you disagree. You obviously have no counter argument besides "oh look at the chart on feb 2013"!

This is starting to get on my nerves too. Obviously quite a good percentage in the population are this dumb..
If you compare the price from last February it has increased by a factor of 27. If we had a growth again in another year by a factor of 20.. you do the math.

Income-taxes coming... now you know why Gox is holding the market low... Guess where the majority will deposit funds to buy... The lowest exchange.

lol. I see that as a wise strategy move, not bad news...

BTCe got all the low funds all summer (millions), what they actually were able to get deposited, and Gox will get all the funds from income-tax time (billions). That is more money flowing into Gox than any other exchange, and all they have to do is hold the price low a little longer, which costs them nothing to do, but will reward them millions in exchange fees from trades all year long. Smart!