2014 is NOT the year of bitcoin, sorry - page 8.

BitcoinBobbeh

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Quote from: Dafar on March 11, 2014, 10:23:58 PM

Quote from: BitcoinBobbeh on March 11, 2014, 10:19:43 PM

Quote from: Dafar on March 11, 2014, 07:50:05 PM

I made this thread before all the GOX drama... told you this was the year of FUD. The common image for bitcoin is lower than it has been in a while.. price is still 50% below last year's ATH and we are midway through March.

Yeah it's only 1/4 of the year... but my stance is still the same for 2014.

I'll bet you exactly 1 BTC that by the end of this year, the price will have seen $1200, Bitstamp.

Hell no, that's very likely... but that doesn't make 2014 "the year of bitcoin" like 2013 was. $1200?! We used to be so much more ambitious

Yes :p

$1200 was a joke and an inflated number in 2013. It was driven by Chinese mania and we have ricocheted between 400-800 ever since...

Meaning $1200 in 2014 would be Bitcoin DOUBLING its value during a year that saw the most popular exchange collapse, the first major flaw found in the protocol's code, and several countries either banning or enacting strict policies against it. Pretty amazing IMO and I think $1200 is a low guess for the highest value this year.

2014 is the year of Bitcoin. As is 2015.

Dafar

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dafar consulting

Quote from: BitcoinBobbeh on March 11, 2014, 10:19:43 PM

Quote from: Dafar on March 11, 2014, 07:50:05 PM

I made this thread before all the GOX drama... told you this was the year of FUD. The common image for bitcoin is lower than it has been in a while.. price is still 50% below last year's ATH and we are midway through March.

Yeah it's only 1/4 of the year... but my stance is still the same for 2014.

I'll bet you exactly 1 BTC that by the end of this year, the price will have seen $1200, Bitstamp.

Hell no, that's very likely... but that doesn't make 2014 "the year of bitcoin" like 2013 was. $1200?! We used to be so much more ambitious

BitcoinBobbeh

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Activity: 266

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Quote from: Dafar on March 11, 2014, 07:50:05 PM

I made this thread before all the GOX drama... told you this was the year of FUD. The common image for bitcoin is lower than it has been in a while.. price is still 50% below last year's ATH and we are midway through March.

Yeah it's only 1/4 of the year... but my stance is still the same for 2014.

I'll bet you exactly 1 BTC that by the end of this year, the price will have seen $1200, Bitstamp.

pungopete468

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Until it falls below the support of the previous ATH, it's still appreciating in value. This looks cyclical to me... The fact that we've maintained so much momentum given the level of FUD is a testament to our resilience and to our growing immunity to FUD damage.

Bitcoin *should* by all means be trading at less than $100 given the intensity of the external negativity and the circumstances; I can draw only one conclusion: A positive attitude about Bitcoin is expanding more rapidly than the negative attitude spawned by external negativity. Bitcoin is an extremely attractive investment at $650.

Lots of whale blubber got trimmed, those who sold in the $500's probably should have been buying... This is looking like a historical base level of support. The equilibrium will be broken and considering how ineffective the FUD was at destroying the image, it looks like the next trend will be up again to a new ATH.

apsvinet

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Quote from: Dafar on March 11, 2014, 07:50:05 PM

I made this thread before all the GOX drama... told you this was the year of FUD. The common image for bitcoin is lower than it has been in a while.. price is still 50% below last year's ATH and we are midway through March.

Yeah it's only 1/4 of the year... but my stance is still the same for 2014.

Ok.
Why not stop shitposting and wait for the next 3/4 of the year, and we'll find out, won't we?

Dafar

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dafar consulting

I made this thread before all the GOX drama... told you this was the year of FUD. The common image for bitcoin is lower than it has been in a while.. price is still 50% below last year's ATH and we are midway through March.

Yeah it's only 1/4 of the year... but my stance is still the same for 2014.

roslinpl

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Quote from: boumalo on March 01, 2014, 08:15:55 AM

Quote from: roslinpl on February 24, 2014, 07:38:12 PM

Quote from: ChuckBuck on February 24, 2014, 07:33:53 PM

Yup, definitely early days still. Every technological innovation goes through a growing phase.

This is essentially just year 5 of something most of us believe will be here awhile.

Once Gox is gone for good, you can believe 2014 will be another banner year. Grin

Indeed everything is possible and we will see what will happen....

But sure is one thing

2014 will be a year of Bitcoin!

That is what we are all hoping for : 2014 being a huge year for Bitcoin but there has been a lot of bad news so the sentiment in the community is pretty bad

The price has been resisting during the mtgox fiasco so when it is all over we should go higher and higher because a lot of new people are getting involve in Bitcoin everyday and the system is still improving and gaining adoption

31/12/2014 1BTC=3241$

I believe you are right

but time will show ...
I really hope that it will hit $2000 at least

boumalo

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Quote from: roslinpl on February 24, 2014, 07:38:12 PM

Quote from: ChuckBuck on February 24, 2014, 07:33:53 PM

Yup, definitely early days still. Every technological innovation goes through a growing phase.

This is essentially just year 5 of something most of us believe will be here awhile.

Once Gox is gone for good, you can believe 2014 will be another banner year. Grin

Indeed everything is possible and we will see what will happen....

But sure is one thing

2014 will be a year of Bitcoin!

That is what we are all hoping for : 2014 being a huge year for Bitcoin but there has been a lot of bad news so the sentiment in the community is pretty bad

The price has been resisting during the mtgox fiasco so when it is all over we should go higher and higher because a lot of new people are getting involve in Bitcoin everyday and the system is still improving and gaining adoption

31/12/2014 1BTC=3241$

roslinpl

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Quote from: ChuckBuck on February 24, 2014, 07:33:53 PM

Yup, definitely early days still. Every technological innovation goes through a growing phase.

This is essentially just year 5 of something most of us believe will be here awhile.

Once Gox is gone for good, you can believe 2014 will be another banner year. Grin

Indeed everything is possible and we will see what will happen....

But sure is one thing

2014 will be a year of Bitcoin!

ChuckBuck

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Activity: 1372

Merit: 783

better everyday ♥

Quote from: roslinpl on February 24, 2014, 07:10:50 PM

Quote from: Jomppe on February 24, 2014, 06:20:26 PM

Quote from: zeeshanblc on February 23, 2014, 10:18:55 PM

This the golden age of bitcoin is just starting. And I'm certain 2014 is one them.

What makes you think so?

what makes you think different?

Bitcoin is future of monetary system and each year it must get stronger to help us to live better lives!

Yup, definitely early days still. Every technological innovation goes through a growing phase.

This is essentially just year 5 of something most of us believe will be here awhile.

Once Gox is gone for good, you can believe 2014 will be another banner year. Grin

roslinpl

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Merit: 1199

Quote from: Jomppe on February 24, 2014, 06:20:26 PM

Quote from: zeeshanblc on February 23, 2014, 10:18:55 PM

This the golden age of bitcoin is just starting. And I'm certain 2014 is one them.

What makes you think so?

what makes you think different?

Bitcoin is future of monetary system and each year it must get stronger to help us to live better lives!

grifferz

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Quote from: Jomppe on February 24, 2014, 06:19:44 PM

Did you know, that BTC used to cost like 0.01 USD so you can calculate how much it has already risen.

Did you know, that whichever altcoin you are today pumping used to cost like absolutely 0 USD, so you can calculate that it has already risen infinity percent?

We get that you think bitcoin is doomed. We get that over a long enough period of time, bitcoins of today are either going to be fabulously valuable or completely worthless. We get which side you fall on.

It doesn't need repeating over and over in every topic, unless you have something genuinely new to add.

Jomppe

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Quote from: zeeshanblc on February 23, 2014, 10:18:55 PM

This the golden age of bitcoin is just starting. And I'm certain 2014 is one them.

What makes you think so?

Jomppe

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Quote from: Skinnkavaj on February 23, 2014, 09:00:32 PM

2014 will be a big year for BTC and LTC.

Do you realistically believe LTC and BTC will keep on the rising trendline?
Did you know, that BTC used to cost like 0.01 USD so you can calculate how much it has already risen.

roslinpl

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Quote from: Skinnkavaj on February 23, 2014, 09:00:32 PM

2014 will be a big year for BTC and LTC.

sure it is going to be!

We just need to remove MtGox from Bitcoin world Wink

boumalo

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Quote from: browep on February 24, 2014, 01:24:45 PM

Quote from: kireinaha on February 24, 2014, 11:39:25 AM

Damn guys, i hate to be a wet blanket but zoom out on the charts to one week and you can see red candles for the past six weeks in a row. this hasn't happened since summer 2011 and is a pretty strong indication that the run up in november was too much, too fast for bitcoin. it seems to add more weight to the sentiment that it could be a considerable amount of time until enthusiasm in bitcoin grows again.

agreed. but how over-bought was it? Can't it still be the year of bitcoin without having a price bubble. It seems adoption has been on the uptick. http://www.bitcoinpulse.com/chart/coinmap/num_venues/total

The price is resisting quite a lot compared to all the bad press and all the mtgox fiasco, it could go down sharply if mtgox shut down though

I am certain that the price will go up to new highs once the european debts come back in the news and when Yellen announces QE infinity and that she needs to buy all the government debt because the Dollar will plunge and people will finally realise that the real ponzi scheme is the Dollar not Bitcoin

browep

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Quote from: bitcoinminer on February 24, 2014, 02:52:58 PM

I think it could be the year of the ButtCoin...

how does one mine buttcoins? Wink

roslinpl

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Quote from: Kaligulax on February 24, 2014, 03:08:39 PM

you're a new prophet??? how you can know something like that... statoshi nakamoto dont know that....

all of speculations are just like being a prophet

you know that everything is possible

(almost everything)

Kaligulax

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you're a new prophet??? how you can know something like that... statoshi nakamoto dont know that....

Cyberlight

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Quote from: zeeshanblc on February 23, 2014, 10:18:55 PM

This the golden age of bitcoin is just starting. And I'm certain 2014 is one them.

We are writing history, a technical revolution.

Topic: 2014 is NOT the year of bitcoin, sorry - page 8. (Read 19640 times)