Topic: 2014 is NOT the year of bitcoin, sorry - page 9. (Read 19639 times)
I think it could be the year of the ButtCoin...
Remember last year ? Bitcoin price Raise at after FEB !!!
Bitcoin or some other cryptocurrency will be with us now, no doubt. Cybercurrency is too fast, easy and affordable and even perhaps somewhat private. But the price of Bitcoin, I suggest, will also be hugely influenced by the eventual or imminent collapse of the US Fiat notes as world reserve. A devaluation will send users worldwide, flooding to cybermoney. Kudos to the companies preparing for this avalanche.
I'd like to see a bitcoin to PM gold/silver ATM.
I'd like to see a bitcoin to PM gold/silver ATM.
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.
This is the year that will separate the boys from the men.
I don't think it's unreasonable that the major investors in Bitcoin would actually have an incentive to make Bitcoin seem volatile and unstable so that 1) they can corner more of the market and 2) they aren't giving their magic money fountain to people who can't think outside of a cardboard box.
The manifesto of Bitcoin is that people with the capacity to understand numbers, investor logic, etc. should be able to make a profit from the system.
Whereas people who use Bitcoin solely to buy drugs or to turn quick daytrade profits aren't given the keys to the jet- but still may occasionally turn a nice profit and in the end may make a small fortune simply for having something in the game at all. Think long-term. Like, 1,000 years down the road long-term.
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
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.
go to hell loser. as long as we can buy weed and cocaine with bitcoins everything will be a-OK!!
I think bitcoins will be ok. I am in bitcoins for a quick buck, and it has not dissapointed.
This the golden age of bitcoin is just starting. And I'm certain 2014 is one them.
Oh yes I think so too!!
2014 it is going to be a wonderful year
If the thread was "This is NOT the month of bitcoin" then I would concur. 
So far February has been a bit depressing thanks mostly to Gox. But once this fiasco is over we should have some rapid growth.
So far February has been a bit depressing thanks mostly to Gox. But once this fiasco is over we should have some rapid growth. 
This the golden age of bitcoin is just starting. And I'm certain 2014 is one them.
There still 10 months left for 2014. That is plenty of time. We don't know what happen for sure. If it does have some major changes hopefully its for the best.
2014 will be a big year for BTC and LTC.
Because there hasn't been another all time high yet.
I can agree with that
If BTC stabilizes at any relatively consistent rate in comparison to fiat, then it will be the 'year of the Bitcoin' - even if that rate isn't the bazillion dollars it was predicted to rise to.
In reality, the old world money (banksters and such) will never allow a currency like BTC to rise to that level. They'll just make their own, which will be accepted by default. WorldCoin - backed by the world bank, and accepted everywhere.
Now that's some FUD!
Anyway, a stable Bitcoin is a great step forward. Volatility scares off newcomers.
In reality, the old world money (banksters and such) will never allow a currency like BTC to rise to that level. They'll just make their own, which will be accepted by default. WorldCoin - backed by the world bank, and accepted everywhere.
Now that's some FUD!
Anyway, a stable Bitcoin is a great step forward. Volatility scares off newcomers.
Because there hasn't been another all time high yet.
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.
I do not agree
have you got any good reason?
I would like to hear why is that you do not agreed.Thanks!
regards!
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.
I do not agree
OP bought it too high?
I bought most of my BTC between $660-$620, which I think is pretty cheap in the long run.
probably due for a crappy year. It's cyclical with a general positive trend. Which means sometimes its going to go down. Also a lot of real world stuff might happen this year ( regulation, laws, pushback ). Not everything can be positive.
Yes, I also think BTC's value has been growing too fast for its technology to keep up. We still have a lot of milestones to overcome in order to make bitcoin an attractive option for the masses: the volatility, security, and simplicity (something similar to what the browser did for the internet)
Btw- in light of some good news Neo&Bee is doing something pretty substancial in Cyprius: http://www.youtube.com/watch?v=7mY-0ZwR-aY
It should start recovering soon.
probably due for a crappy year. It's cyclical with a general positive trend. Which means sometimes its going to go down. Also a lot of real world stuff might happen this year ( regulation, laws, pushback ). Not everything can be positive.
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