Topic: 2014 is NOT the year of bitcoin, sorry - page 14. (Read 19640 times)
it is february. Just be patient man. I'll be back in this thread in July to discuss again.
It is way to early into 2014 to make this kind of call. If anything the current news will make Bitcoin and cryptos that much stronger. You can always tell if it is a time to buy or sell based upon the headlines in the Bitcoin Discussion thread. Now is definitely a time to buy.
No.. not yet.. let it fall to $200 first... I want more BTC for my money!
Why buy it at 60% off, when you can get it at 80% off!
It is way to early into 2014 to make this kind of call. If anything the current news will make Bitcoin and cryptos that much stronger. You can always tell if it is a time to buy or sell based upon the headlines in the Bitcoin Discussion thread. Now is definitely a time to buy.
No.. not yet.. let it fall to $200 first... I want more BTC for my money!
Why buy it at 60% off, when you can get it at 80% off!
Why buy one, when you can have two for twice the price!
It is way to early into 2014 to make this kind of call. If anything the current news will make Bitcoin and cryptos that much stronger. You can always tell if it is a time to buy or sell based upon the headlines in the Bitcoin Discussion thread. Now is definitely a time to buy.
2014 is the "Year of investment"... there are no new toys to buy, and investing is the only safe thing to do now. (Just not as fiat investments. Those never return more then the value they lose over time.)
Those bashing BTC either have no actual clue what is going on, or they are simply trying to get you to lower your prices for discount BTC before the real spike coming in the following months.
Nothing has changed... Bad news makes people look harder when the market does the complete opposite of predictions. They realize all the crap-news is just bloggers trying to make money getting hits for ads, riding the coat-tails of BTC, in an attempt to seem "informed".
They are rolling the dice, and losing, while BTC, as a whole, wins... There is no such thing as bad news, only bad advertisements. News is something that people didn't know, and is truthful, and is backed by some kind of substance. There is little "news" that exists anymore. Just a bunch of people who like to hear themselves talk, like me, talking.
Where is BTC going... Inevitably up... Now, well, down, until the majority all thinks it will keep going down, then it will switch directions again. Which-ever way the majority thinks it will go (those acting on thoughts), it will always go the other way. Because if it went the way everyone thought it would go, we would all be winners, and thus, be losers with zero value. That is the way "value" works.
Me, I see a 60% off sale on BTC, and will be investing my income-taxes as soon as they arrive. Just like many people did last year, and the year before that. Those start arriving now, and will come for the next three months. Look back on the charts... That is when the "real spikes" come. This spike was just a prelude to the real spike. You have not seen anything yet!
Those who say I can't predict the market rising... Because they "clearly see it falling"... I say... "If I can't predict its rise, then you can't predict its fall. At the end of the day, I am the one making money off my speculations, you are just speculating something you don't actually participate in, and don't understand."
I expect it to fall... I need it to fall... To get those discount coins! lol.
I never said it wouldn't fall, I said it would go up to _____ price... and it does... but not before falling, where I swipe it up. Game isn't over until you cash-out and put money in your pocket... then you are out of the game, and we keep playing. You can lose by not playing, unlike a lottery. Because the longer you hold fiat, the less valuable fiat becomes. That is the only "truth" of fiat. Assets are the only real value. Ironically, virtual assets are the most valuable, because they are so limited.
P.S. Don't mistake "growing pains" for failure and decline... BTC is still on the greatest rise in history. It "is too big to fail"... sound familiar? But that is not true... nothing is ever too big to fail. Banks are failing because they are banks. BTC is thriving because it is BTC. It is, "just as simple as that", deal with it. Big things need to fail. BTC is not that big yet... Give it another five years, then it can be tested for failure, but unlike banks and governments, it will not. Because they are already participating in it, whether they lie it or not. They don't control as much as they like to think they do. That is their short-coming.
Those bashing BTC either have no actual clue what is going on, or they are simply trying to get you to lower your prices for discount BTC before the real spike coming in the following months.
Nothing has changed... Bad news makes people look harder when the market does the complete opposite of predictions. They realize all the crap-news is just bloggers trying to make money getting hits for ads, riding the coat-tails of BTC, in an attempt to seem "informed".
They are rolling the dice, and losing, while BTC, as a whole, wins... There is no such thing as bad news, only bad advertisements. News is something that people didn't know, and is truthful, and is backed by some kind of substance. There is little "news" that exists anymore. Just a bunch of people who like to hear themselves talk, like me, talking.
Where is BTC going... Inevitably up... Now, well, down, until the majority all thinks it will keep going down, then it will switch directions again. Which-ever way the majority thinks it will go (those acting on thoughts), it will always go the other way. Because if it went the way everyone thought it would go, we would all be winners, and thus, be losers with zero value. That is the way "value" works.
Me, I see a 60% off sale on BTC, and will be investing my income-taxes as soon as they arrive. Just like many people did last year, and the year before that. Those start arriving now, and will come for the next three months. Look back on the charts... That is when the "real spikes" come. This spike was just a prelude to the real spike. You have not seen anything yet!
Those who say I can't predict the market rising... Because they "clearly see it falling"... I say... "If I can't predict its rise, then you can't predict its fall. At the end of the day, I am the one making money off my speculations, you are just speculating something you don't actually participate in, and don't understand."
I expect it to fall... I need it to fall... To get those discount coins! lol.
I never said it wouldn't fall, I said it would go up to _____ price... and it does... but not before falling, where I swipe it up. Game isn't over until you cash-out and put money in your pocket... then you are out of the game, and we keep playing. You can lose by not playing, unlike a lottery. Because the longer you hold fiat, the less valuable fiat becomes. That is the only "truth" of fiat. Assets are the only real value. Ironically, virtual assets are the most valuable, because they are so limited.
P.S. Don't mistake "growing pains" for failure and decline... BTC is still on the greatest rise in history. It "is too big to fail"... sound familiar? But that is not true... nothing is ever too big to fail. Banks are failing because they are banks. BTC is thriving because it is BTC. It is, "just as simple as that", deal with it. Big things need to fail. BTC is not that big yet... Give it another five years, then it can be tested for failure, but unlike banks and governments, it will not. Because they are already participating in it, whether they lie it or not. They don't control as much as they like to think they do. That is their short-coming.
I agree that 2013 was the year of bitcoin, there was enormous growth in: 1) individual adoption, 2) businesses using bitcoin, 3) price and 4) press. This will be hard to replicate in any year.
So what is the next year of bitcoin by your definition? Mainstream adoption, fiat currency replacement? If so we are a ways from that still (unfortunately)
So what is the next year of bitcoin by your definition? Mainstream adoption, fiat currency replacement? If so we are a ways from that still (unfortunately)
mass understanding of the technology
smart regulation
wall street
more or less 99% of the world population still have not understood what bitcoin is:
Bitcoin solved a problem thought to be impossible to solve amongst computer scientists. How to get a bunch of people who don't trust each other to reach a consensus. The implications are mind blowing.
although not completely true
http://www.reddit.com/r/Bitcoin/comments/1tt88c/today_i_realized_that_satoshi_nakamotos_great/
I agree that 2013 was the year of bitcoin, there was enormous growth in: 1) individual adoption, 2) businesses using bitcoin, 3) price and 4) press. This will be hard to replicate in any year.
So what is the next year of bitcoin by your definition? Mainstream adoption, fiat currency replacement? If so we are a ways from that still (unfortunately)
So what is the next year of bitcoin by your definition? Mainstream adoption, fiat currency replacement? If so we are a ways from that still (unfortunately)
We're a month into 2014 and you're already calling this year as a bust. If you're trolling you're doing a good job...
Dafar.
Its the 2nd week of February.
Compare Feb 2013 to Nov 2013.
Are humans really this dumb?
I swear I can't take it much longer here...
-B-
Its the 2nd week of February.
Compare Feb 2013 to Nov 2013.
Are humans really this dumb?
I swear I can't take it much longer here...
-B-
Jesus...
Do you realize we are 11.5% through the year?
That's about 42 days.
Last year's meteoric rise from 200 to 1200 took place in less time than that.
The fact is nobody has a fucking clue what is going to happen despite you thinking you know otherwise.
You are not an Amazon.com executive who is "in the know" about the next big move, you are not the FBI agent with his finger on the sell button for those Silk Road coins, you are not a professor of economics, are you are not Marty fucking McFly.
In July the price could be nearing $2,000 and every post will be talking about how close we are to "da moon". Nobody knows.
I don't like the speculation forum - I only use it a few minutes each day to fantasize about $100,000 Bitcoins, then I snap back into reality. Welcome to it.
Edit: Nevermind, I'm like 90% sure I just got trolled.
Do you realize we are 11.5% through the year?
That's about 42 days.
Last year's meteoric rise from 200 to 1200 took place in less time than that.
The fact is nobody has a fucking clue what is going to happen despite you thinking you know otherwise.
You are not an Amazon.com executive who is "in the know" about the next big move, you are not the FBI agent with his finger on the sell button for those Silk Road coins, you are not a professor of economics, are you are not Marty fucking McFly.
In July the price could be nearing $2,000 and every post will be talking about how close we are to "da moon". Nobody knows.
I don't like the speculation forum - I only use it a few minutes each day to fantasize about $100,000 Bitcoins, then I snap back into reality. Welcome to it.
Edit: Nevermind, I'm like 90% sure I just got trolled.
2013 was the year of bitcoin. 2014 not so much... I think 2015 might be the next "year of bitcoin" ...
we are in Februar, man ... (16,7% of the year !) 
Quote
we're gonna be riding a shit storm all the way through the end of 2014.
Best way to kickstart a Year of FUD is with quotes like this.
Everyone's expectations after 2013 were just way too high. This is the year of FUD! Mark my words, we're gonna be riding a shit storm all the way through the end of 2014.
This is the year that's gonna test your will and shake off the weak hands. This year will weed off the people who jumped into bitcoin thinking they will earn a quick buck, those who thought bitcoin's price just goes up every year like it's a pattern set in stone. I'm sure a lot of them jumped off by now thanks for mt. cox (btw-- the price is $635 right now... imo a good buy even if we go down further). The ones who remain will be the ones who believe in bitcoin for the longterm.
Let's be honest here... 2013 was the year of bitcoin. 2014 not so much... I think 2015 might be the next "year of bitcoin" ...Wrinklevoss ETF and Wallstreet might trigger the next rally, and that won't happen this year.
Did you expect everyone to safely ride the train to 10k? No. Only the ones who take the risk and hold on might enjoy the ride to $10K.. and even that is not a surefire bet anymore.
This is the year that's gonna test your will and shake off the weak hands. This year will weed off the people who jumped into bitcoin thinking they will earn a quick buck, those who thought bitcoin's price just goes up every year like it's a pattern set in stone. I'm sure a lot of them jumped off by now thanks for mt. cox (btw-- the price is $635 right now... imo a good buy even if we go down further). The ones who remain will be the ones who believe in bitcoin for the longterm.
Let's be honest here... 2013 was the year of bitcoin. 2014 not so much... I think 2015 might be the next "year of bitcoin" ...Wrinklevoss ETF and Wallstreet might trigger the next rally, and that won't happen this year.
Did you expect everyone to safely ride the train to 10k? No. Only the ones who take the risk and hold on might enjoy the ride to $10K.. and even that is not a surefire bet anymore.
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