2014 is NOT the year of bitcoin, sorry - page 4.

MNDan

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Quote from: Rawted on December 05, 2014, 02:35:42 PM

We will see double digits this year, and no rally until at least the march 2016 reward halving. BTC is way overmined at the moment, and most of the core supporters (who also happened to be miners), jumped shipped last spring when ASICs came out, and Bitcoin mining became centralized. There's going to be the ongoing saga of the SR1 bust, and new saga of SR2 bust - plus the next ten iterations of whatever drug market people are using these days. TOR is already cracked, these are easy arrests for them to make.

To be honest, the only aspect of Bitcoin I see actually succeeding is the blockchain.

I will take that bet and put up 2 bitcoins to your 1 that we don't see double digits before the end of 2014. Lets setup the escrow and get this going, smart guy! As a side-bet, lets have the loser get a permaban from bitcointalk.

NotLambchop

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Quote from: bitebits on December 05, 2014, 03:16:26 PM

...
Confirmed, 2014 is definitely the year of the FUD (oh, and the start of building the actual infrastructure around and on top of Bitcoin. This really has been the year of Bitcoin, if you for one second stop staring at the short term price chart).

>year of bitcoin
>price falls by 65%

What would a bad year feel like Huh

Gyrsur

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Bitcoin Legal Tender Countries: 2 of 206

2014 is like 2012. 2015 could be the new 2013.

bitebits

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Flippin' burgers since 1163.

Quote from: Rawted on December 05, 2014, 02:35:42 PM

We will see double digits this year, and no rally until at least the march 2016 reward halving. BTC is way overmined at the moment, and most of the core supporters (who also happened to be miners), jumped shipped last spring when ASICs came out, and Bitcoin mining became centralized. There's going to be the ongoing saga of the SR1 bust, and new saga of SR2 bust - plus the next ten iterations of whatever drug market people are using these days. TOR is already cracked, these are easy arrests for them to make.

To be honest, the only aspect of Bitcoin I see actually succeeding is the blockchain.

Confirmed, 2014 is definitely the year of the FUD (oh, and the start of building the actual infrastructure around and on top of Bitcoin. This really has been the year of Bitcoin, if you for one second stop staring at the short term price chart).

RodeoX

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The revolution will be monetized!

Wow, 2014 sure was the year of Bitcoin!

At the beginning of the year I never met people who knew what a bitcoin was. It was hard to find a place to spend them or even get them. Now it's easy to link your bank account, I can buy just about anything and even chose between several competitors. And when I say bitcoin many people have heard of them.

Sure was a big year!

Brewins

legendary

Activity: 1120

Merit: 1000

Quote from: Rawted on December 05, 2014, 02:35:42 PM

We will see double digits this year, and no rally until at least the march 2016 reward halving. BTC is way overmined at the moment, and most of the core supporters (who also happened to be miners), jumped shipped last spring when ASICs came out, and Bitcoin mining became centralized. There's going to be the ongoing saga of the SR1 bust, and new saga of SR2 bust - plus the next ten iterations of whatever drug market people are using these days. TOR is already cracked, these are easy arrests for them to make.

To be honest, the only aspect of Bitcoin I see actually succeeding is the blockchain.

we will not see double digits this year and not in the following and maybe never again

And 2016's halving might not be good, like the Doge's halvings did not good for the doge coin

Rawted

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We will see double digits this year, and no rally until at least the march 2016 reward halving. BTC is way overmined at the moment, and most of the core supporters (who also happened to be miners), jumped shipped last spring when ASICs came out, and Bitcoin mining became centralized. There's going to be the ongoing saga of the SR1 bust, and new saga of SR2 bust - plus the next ten iterations of whatever drug market people are using these days. TOR is already cracked, these are easy arrests for them to make.

To be honest, the only aspect of Bitcoin I see actually succeeding is the blockchain.

rogerdonkey

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Merit: 100

agree 2014 not the years of bitcoin,maybe 2015 will be the years of bitcoin.

ChuckBuck

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better everyday ♥

DANGIT! I hate being sheep. Cry

Can't help it, I bought into the hype and can't seem to quit it. BTC Addicted...

Sevvero

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Quote from: Dafar on February 11, 2014, 04:11:18 PM

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.

You were right. Weak hands, aka "smart hands" were shaken off. Sheep bag holders remain.

goldsun

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Quote from: Coinshot on December 04, 2014, 05:32:02 PM

Quote from: goldsun on December 04, 2014, 04:44:36 PM

OP had some good thoughts on 2014 for bitcoin. Tell us about what you think of 2015? What kind of price should we expect?

If it fails to break out within 4-5 weeks, the bear market will continue for months, maybe till next Sept-Oct. By that time it may be in double digits.

What do you base that statment on? So we should sell in about a months time if nothing big happens, then wait for the price to go to double digits and buy cheap coins?

Coinshot

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Quote from: goldsun on December 04, 2014, 04:44:36 PM

OP had some good thoughts on 2014 for bitcoin. Tell us about what you think of 2015? What kind of price should we expect?

If it fails to break out within 4-5 weeks, the bear market will continue for months, maybe till next Sept-Oct. By that time it may be in double digits.

goldsun

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OP had some good thoughts on 2014 for bitcoin. Tell us about what you think of 2015? What kind of price should we expect?

brg444

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Bitcoin replaces central, not commercial, banks

Quote from: Brewins on December 02, 2014, 12:51:18 PM

2014 was the year of Bitcoin consolidation.

People shacked from their moon illusion, and more and more people hearing about BTC , and more and more places accepting it.

Plus some bad amateurs collapsing, and opening space for the professionals.

Also BTC is not anymore a gray juridic area.

I feel like it absolutely still is.

This is one aspect I hope will be settled in 2015

Brewins

legendary

Activity: 1120

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2014 was the year of Bitcoin consolidation.

People shacked from their moon illusion, and more and more people hearing about BTC , and more and more places accepting it.

Plus some bad amateurs collapsing, and opening space for the professionals.

Also BTC is not anymore a gray juridic area.

xDan

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Activity: 688

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ヽ( ㅇㅅㅇ)ﾉ ~!!

Quote from: xDan on August 18, 2014, 03:15:04 PM

2014 may not be the year of the Bitcoin price, but it sure as hell is a good year so far for Bitcoin acceptance and services.

podyx

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Good call!

sniveling

sr. member

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Quote from: Dafar on December 02, 2014, 09:04:19 AM

EVERYONE NEEDS TO WORSHIP ME OR APOLOGIZE BECAUSE I WAS RIGHT!!! Especially all the IDIOTS in the first few pages lmao. I know exactly what will happen in 2015 as well, but you guys don't deserve my predictions

Is this your prediction in the quoted post below?

Quote from: Dafar on November 25, 2014, 12:03:16 PM

.............

And one day you realize you lost all your money because the price never stopped going down, great plan

NotLambchop

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Quote from: ChuckBuck on December 02, 2014, 10:55:22 AM

Quote from: BitmoreCoin on December 02, 2014, 09:18:12 AM

2014 is the year of start of adoption of BTC.

Correct, we're still very very very early days in this technology:

We have a long ways to go, but with all the venture capitalism, development, and slow but steady adoption, we all must stay patient, use Bitcoin, and continue to spread the word.

FTFY

ChuckBuck

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better everyday ♥

Quote from: BitmoreCoin on December 02, 2014, 09:18:12 AM

2014 is the year of start of adoption of BTC.

Correct, we're still very very very early days in this technology:

We have a long ways to go, but with all the venture capitalism, development, and slow but steady adoption, we all must stay patient, use Bitcoin, and continue to spread the word.

Topic: 2014 is NOT the year of bitcoin, sorry - page 4. (Read 19639 times)