I really do not see a catalyst that would cause the price of bitcoin to skyrocket significantly higher in the near term.
Bitcoin ETF = new capital for starters.
Topic: 2014: The Worst Year for BTC? - page 3. (Read 11149 times)
Bitcoin ETF = new capital for starters.
Careful with such drastic pronouncements, BTC may yet surprise us all
Three months left to go in 2014, and that's a long, long time to go
haha yea three months seems forever in the world of BTC Three months left to go in 2014, and that's a long, long time to go
Careful with such drastic pronouncements, BTC may yet surprise us all
Three months left to go in 2014, and that's a long, long time to go
Three months left to go in 2014, and that's a long, long time to go
bitcoin did already surprise us at launch, it was on a killing streak with his 1200 dollars peak, the bubble of this year already happened
No time in bitcoin history has anyone lost any money if they held for 1 year at any buy in point. This will be really interesting when we start hitting september/october.
We are already towards the end of September... And there is no recovery in sight.
I second that. We are already in October - the peak was in November , right now BTC is under 400 USD and chances are very slim that it will move outside 350-600 USD levels that we have seen for most of the year.
As the Hero Member pointed out - no year in BTC history ended with a loss - if you held for 12 months. Only a few weeks to go until we are in November and face the moment of truth. The talk about 10,000 USD in a year or 100,000 in a couple of years was premature - we might get there but it will take years maybe even a decade - for 10,000 USD and several decades for 100,000 USD. Of course by then a cup of coffee will cost you a few thousands dollars
No time in bitcoin history has anyone lost any money if they held for 1 year at any buy in point. This will be really interesting when we start hitting september/october.
We are already towards the end of September... And there is no recovery in sight.
Not true.. 2014 probably might be the best year to date.
I dunno why people worry so much about the price. We've got the rest of our lives to see it grow in value and adoption. One thing I'm sure of is this wont be the worst year we've had so if you guys get annoyed by the price fluctuations and get out as soon as you can.
In my opinion, it's not the worst. Actually it's showing the signs of resilience, it's here to stay.
btc is still stable so no problem
I am more worried if btc continues to break new highs without building any support.
I am more worried if btc continues to break new highs without building any support.
Careful with such drastic pronouncements, BTC may yet surprise us all
Three months left to go in 2014, and that's a long, long time to go
Three months left to go in 2014, and that's a long, long time to go
No time in bitcoin history has anyone lost any money if they held for 1 year at any buy in point. This will be really interesting when we start hitting september/october.
We are already towards the end of September... And there is no recovery in sight.
I think he means 12 month period. If that is the case, then the price in Dec last year was over 1,100, we have to rise a lot to beat that.
13-Nov-13. That is the day bitcoin crossed $400.... and that too with a $45 jump.
By Nov-Dec we will know whether such a 12 month period exists.
No time in bitcoin history has anyone lost any money if they held for 1 year at any buy in point. This will be really interesting when we start hitting september/october.
We are already towards the end of September... And there is no recovery in sight.
I think he means 12 month period. If that is the case, then the price in Dec last year was over 1,100, we have to rise a lot to beat that.
No time in bitcoin history has anyone lost any money if they held for 1 year at any buy in point. This will be really interesting when we start hitting september/october.
We are already towards the end of September... And there is no recovery in sight.
No time in bitcoin history has anyone lost any money if they held for 1 year at any buy in point. This will be really interesting when we start hitting september/october.
It may not have been the best year so far for price per BTC, but it has definitely been the best year so far in terms of new BTC businesses, as well as our ability to now use BTC at 10 times as many retailers as we were able to before 2014
It is the best year for adoption.
It may not have been the best year so far for price per BTC, but it has definitely been the best year so far in terms of new BTC businesses, as well as our ability to now use BTC at 10 times as many retailers as we were able to before 2014
Well, 2011 went from ~$31 to ~$2 in a few months.. How is '14 "worse" (using your definition as price being the only factor)?
2014 will be the worst year for miners and investors that jumped in because they saw everyone around them 'getting rich quick'.
BitBlitz's investing rule #437: Once everyone is telling you you're an idiot for not investing-- it is time to ask how everyone makes profits on the same investment...
2014 will be the worst year for miners and investors that jumped in because they saw everyone around them 'getting rich quick'.
BitBlitz's investing rule #437: Once everyone is telling you you're an idiot for not investing-- it is time to ask how everyone makes profits on the same investment...
Bitcoin price is not indicative of the success or failure of Bitcoin the currency or protocol.
2014 is easily the best year for Bitcoin. For bitcoin, not really. The amount of people worried about the price not constantly going up is just proof that people purely care about their USD profits rather than the success of bitcoin. Quit caring about USD profit in the short term.
2014 is easily the best year for Bitcoin. For bitcoin, not really. The amount of people worried about the price not constantly going up is just proof that people purely care about their USD profits rather than the success of bitcoin. Quit caring about USD profit in the short term.
^ This, feverishly agreed.
I hope this year and beyond is good for btc,Id hate it see it Fall so Much 
Bitcoin price is not indicative of the success or failure of Bitcoin the currency or protocol.
2014 is easily the best year for Bitcoin. For bitcoin, not really. The amount of people worried about the price not constantly going up is just proof that people purely care about their USD profits rather than the success of bitcoin. Quit caring about USD profit in the short term.
2014 is easily the best year for Bitcoin. For bitcoin, not really. The amount of people worried about the price not constantly going up is just proof that people purely care about their USD profits rather than the success of bitcoin. Quit caring about USD profit in the short term.
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