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Topic: 2014: The Worst Year for BTC? - page 4. (Read 11168 times)

newbie
Activity: 5
Merit: 0
September 25, 2014, 12:45:05 PM
i think everything will be fine with the price , everyone worrys too much
Q7
sr. member
Activity: 448
Merit: 250
September 25, 2014, 10:06:58 AM
Gloomy. I would say. Anyway let's look on the long term basis. I'm just waiting for the day when i can pay btc using paypal
sr. member
Activity: 406
Merit: 250
AltoCenter.com
September 25, 2014, 09:18:22 AM
In my opinion... It's the year of making it's stand on world stage against all Odd...
sr. member
Activity: 462
Merit: 250
September 25, 2014, 01:56:04 AM
Considering what happened this 2014. The apple breadwallet, breadtree and paypal, 2014 is a great year for btc. Not even great, I think the best yet.

Better things will come next year. Cheesy
newbie
Activity: 28
Merit: 0
September 25, 2014, 01:07:55 AM
more and more company announced partnership with bitcoin. IMO, it will be a happy ending of BTC.
newbie
Activity: 1
Merit: 0
September 24, 2014, 10:49:41 PM
i think this year is psychedelic!
newbie
Activity: 24
Merit: 0
September 24, 2014, 10:32:43 PM
Considering what happened this 2014. The apple breadwallet, breadtree and paypal, 2014 is a great year for btc. Not even great, I think the best yet.
newbie
Activity: 24
Merit: 0
September 24, 2014, 09:48:52 AM
Year's not over folks!  (Tips cap to Paypal)

Year's not over.  Still got 3 months to make something miraculous happen!

Come on Amazon.  Come on Google.  Need another major player to light the moon rocket.

We just got another major player

I don't think bitcoin has the necessary infrastructure to handle Amazon yet.  The amount of volume that Amazon does - even if bitcoin captured 0.1% of their orders, which is unlikely, it'd be a massive amount of orders.  For a player the size of Amazon to adopt bitcoin, they'd need one of two things: either a proper hedging platform so that they could hedge away the massive price fluctuations of bitcoin, or a widespread enough bitcoin adoptions that they could hold bitcoin directly and pay their suppliers with bitcoin instead of dollars.  I'd prefer option two, personally, but we're many years away from THAT widespread an adoption of bitcoin.

It takes time to build the infrastructure. Paypal has teamed up with 3 major BTC payment processors. That will help the infrastructure and adoption. Slowly we are getting there.

Right now, there is not yet any feedback about this.. Let us just wait..
sr. member
Activity: 462
Merit: 250
September 24, 2014, 02:55:13 AM
Year's not over folks!  (Tips cap to Paypal)

Year's not over.  Still got 3 months to make something miraculous happen!

Come on Amazon.  Come on Google.  Need another major player to light the moon rocket.

We just got another major player

I don't think bitcoin has the necessary infrastructure to handle Amazon yet.  The amount of volume that Amazon does - even if bitcoin captured 0.1% of their orders, which is unlikely, it'd be a massive amount of orders.  For a player the size of Amazon to adopt bitcoin, they'd need one of two things: either a proper hedging platform so that they could hedge away the massive price fluctuations of bitcoin, or a widespread enough bitcoin adoptions that they could hold bitcoin directly and pay their suppliers with bitcoin instead of dollars.  I'd prefer option two, personally, but we're many years away from THAT widespread an adoption of bitcoin.

It takes time to build the infrastructure. Paypal has teamed up with 3 major BTC payment processors. That will help the infrastructure and adoption. Slowly we are getting there.
hero member
Activity: 490
Merit: 500
September 24, 2014, 12:11:22 AM
Year's not over folks!  (Tips cap to Paypal)

Year's not over.  Still got 3 months to make something miraculous happen!

Come on Amazon.  Come on Google.  Need another major player to light the moon rocket.

We just got another major player

I don't think bitcoin has the necessary infrastructure to handle Amazon yet.  The amount of volume that Amazon does - even if bitcoin captured 0.1% of their orders, which is unlikely, it'd be a massive amount of orders.  For a player the size of Amazon to adopt bitcoin, they'd need one of two things: either a proper hedging platform so that they could hedge away the massive price fluctuations of bitcoin, or a widespread enough bitcoin adoptions that they could hold bitcoin directly and pay their suppliers with bitcoin instead of dollars.  I'd prefer option two, personally, but we're many years away from THAT widespread an adoption of bitcoin.
member
Activity: 98
Merit: 10
September 23, 2014, 10:35:29 PM
have some faith in BTC, still have almost 3 months to go, no worries. more and more people is getting to know and adopt it.
hero member
Activity: 1372
Merit: 783
better everyday ♥
September 23, 2014, 04:21:08 PM
Year's not over folks!  (Tips cap to Paypal)

Year's not over.  Still got 3 months to make something miraculous happen!

Come on Amazon.  Come on Google.  Need another major player to light the moon rocket.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
September 23, 2014, 02:32:36 PM
Call me an optimist but even with the forever downward trend i think btc will end up significantly higher than where it is right now.
Following that statement, I would call you a realist.
newbie
Activity: 56
Merit: 0
September 23, 2014, 01:39:01 PM
Probably yes , looks like majority investor are changing to invest at altcoin
, looks like stellar .. even bitcoin price goes down , their price still up and up more
cannot wait for btc price in under $400 , so the majority bought many BTC and it will raise again :v
sr. member
Activity: 420
Merit: 250
September 23, 2014, 01:19:30 PM
Best news of year - PayPal announces Bitcoin partnership - http://www.coindesk.com/paypal-announces-first-partnerships-bitcoin-space/
hero member
Activity: 1328
Merit: 563
MintDice.com | TG: t.me/MintDice
September 23, 2014, 03:02:31 AM
Call me an optimist but even with the forever downward trend i think btc will end up significantly higher than where it is right now. And even if it doesn't, I also don't really care.
mkc
hero member
Activity: 517
Merit: 501
September 23, 2014, 12:51:57 AM
Still have 3 months to go, it is too early to say.
sr. member
Activity: 261
Merit: 250
September 22, 2014, 08:30:07 PM
哈哈
member
Activity: 97
Merit: 10
September 22, 2014, 07:26:29 PM
its been mentioned before but lets highlight it again
in short
buy 10,000 coins in september 2009 and sell them in september 2010 = $599 profit (well under a cent each 2009 to 6c each 2010)
buy 10,000 coins in september 2010 and sell them in september 2011 = $53,700 profit (6c each 2010 to $5.43 each 2011)
buy 10,000 coins in september 2011 and sell them in september 2012 = $68,100 profit ($5.43 each 2011 to $12.24 each 2012)
buy 10,000 coins in september 2012 and sell them in september 2013 = $1,104,100 profit ($12.24 each 2012 to $12265 each 2013)
buy 10,000 coins in september 2013 and sell them in september 2014 = $2,623,500 profit ($122.65 each 2013 to $385 each 2014)

easily explained, buy 10k coins in 2013=$1,226,500. sell for $3,850,000 = $2,623,500

so based on a 10k coin purchase 2014 is the most profitable year based on FIAT not percent

This argument will stop working from November onwards, lmao.

Nov 30 2013 - $1163

Nov 30 2014 - $163  Grin

Oh come on, bitcoin won't drop to $163 by December Tongue.
full member
Activity: 238
Merit: 100
September 22, 2014, 05:56:28 PM
its been mentioned before but lets highlight it again
in short
buy 10,000 coins in september 2009 and sell them in september 2010 = $599 profit (well under a cent each 2009 to 6c each 2010)
buy 10,000 coins in september 2010 and sell them in september 2011 = $53,700 profit (6c each 2010 to $5.43 each 2011)
buy 10,000 coins in september 2011 and sell them in september 2012 = $68,100 profit ($5.43 each 2011 to $12.24 each 2012)
buy 10,000 coins in september 2012 and sell them in september 2013 = $1,104,100 profit ($12.24 each 2012 to $12265 each 2013)
buy 10,000 coins in september 2013 and sell them in september 2014 = $2,623,500 profit ($122.65 each 2013 to $385 each 2014)

easily explained, buy 10k coins in 2013=$1,226,500. sell for $3,850,000 = $2,623,500

so based on a 10k coin purchase 2014 is the most profitable year based on FIAT not percent
This logic is flawed. You would need to use much more resources to purchase 10k bitcoin in 2013 then you would have had to purchase 10k coins in 2009. The only fair way to measure the return of an investment is to measure by percentage return, not the total return based on a fixed number of units.

Also your returns are misleading. You have someone selling the bitcoin for a different price then they buy at. In order for this to be an accurate comparison you would need to have the price be the same for a specific time frame
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