Topic: 2014: The Worst Year for BTC? - page 6. (Read 11168 times)
I am biding my time and patiently waiting for the next financial crash, don't worry, Bitcoin will go up to $1000 again
I'm quite sure the value will rise in nov-dec. At least above $550 for my prediction.
Maybe.. The bitcoin dropped the biggest this year.
It is only September of 2014. Its not the end of the year still. Keep your hopes up. 
Not that bad. We are still at $470 right. A bad year is below $300. Still, we are still in September.
Yep it sure will:
The worst year for bitcoin was every year prior to it's existence. Now it's all gravy man, just gravy.
Yes there isn't a worst year for bitcoins because every year since its birth the adoption is spreading more and more.
The worst year for bitcoin was every year prior to it's existence. Now it's all gravy man, just gravy.
I was kinda hopig it should start blowing up now that paypal will allow bitcoin acceptance on ebay with merchant and etc..
There is still Sept., Octo., Nov. and Dec. left, so we still have four months left till 2015.
Time will tell and drawing a conclusion now is still too early
Time will tell and drawing a conclusion now is still too early
Too early to draw a conclusion, but we can only hope for a recovery.
Hope it will not drop by $30 again
We have 3 more months to answer these speculation. My guess is bitcoin will be on a stable phase at $450-470 up to the end of the year.
with the video from PayPal I am hoping it gets better
Maybe Satoshi Nakamoto is planning something we dont know. I surely hope so.
with the video from PayPal I am hoping it gets better
I moved a lot over into BTSX so no worries here, but I always ask... What is the sort of news we will hear that will make BTC explode again ? I think it will be news unrelated to BTC perhaps.
There is still Sept., Octo., Nov. and Dec. left, so we still have four months left till 2015.
Time will tell and drawing a conclusion now is still too early
Time will tell and drawing a conclusion now is still too early
Too early to draw a conclusion, but we can only hope for a recovery.
Given that this whole thread is about price, this really should be in the speculation forum...
But well, here's my story for this year. I bought 20 BTC when the price was $650. Looking at the current price...ouch. But I'm playing the long game here, and am not sad about this? Why? I haven't sold. So far it's only a paper loss. I'm playing the long game here and I'm fairly confident that the price will go back up eventually. I just don't know when that will be.
Remember last year? The price started going up towards the end of August and didn't stop until around December, when it crashed. Well...it's only a little after that time now. Give it time, we've still got four months left in the year. The price may go back up.
Also, here's another way of looking at things: sure, from a market value perspective, it's a bummer. But think of it from another perspective: utility, and usage. How many transactions are going on now versus a year ago? I haven't crunched the numbers but since it takes my computer a lot longer now to catch up when I turn it on in the morning than it did then, I'm betting a lot more. Which could ultimately be why the price is going now. It's good news in disguise: people are buying stuff, merchants are cashing out, but unfortunately, them cashing out puts downward pressure on the price unless everyone buying stuff immediately turns around and buys another bitcoin to make up for their purchase. No doubt some people are doing that, I would to be sure, but I doubt everyone is doing that.
But well, here's my story for this year. I bought 20 BTC when the price was $650. Looking at the current price...ouch. But I'm playing the long game here, and am not sad about this? Why? I haven't sold. So far it's only a paper loss. I'm playing the long game here and I'm fairly confident that the price will go back up eventually. I just don't know when that will be.
Remember last year? The price started going up towards the end of August and didn't stop until around December, when it crashed. Well...it's only a little after that time now. Give it time, we've still got four months left in the year. The price may go back up.
Also, here's another way of looking at things: sure, from a market value perspective, it's a bummer. But think of it from another perspective: utility, and usage. How many transactions are going on now versus a year ago? I haven't crunched the numbers but since it takes my computer a lot longer now to catch up when I turn it on in the morning than it did then, I'm betting a lot more. Which could ultimately be why the price is going now. It's good news in disguise: people are buying stuff, merchants are cashing out, but unfortunately, them cashing out puts downward pressure on the price unless everyone buying stuff immediately turns around and buys another bitcoin to make up for their purchase. No doubt some people are doing that, I would to be sure, but I doubt everyone is doing that.
There is still Sept., Octo., Nov. and Dec. left, so we still have four months left till 2015.
Time will tell and drawing a conclusion now is still too early
Time will tell and drawing a conclusion now is still too early
Will this coming 2015 a lot better year for btc?
Think further into the future! By the time most people forget their brain wallets, bitcoin will be a-booming!
If it wasn't for the $1000 "bubble" from the end of last year, we wouldn't be having the exciting year of bitcoin adoption that we are seeing this year.
I personally doubt that it would have made too much of a difference if we had only had the $100 "bubble" in early 2013.The signal to entrepreneurs and venture capital would have been the same: "so, this Bitcoin thing is really taking of, better hop on the bandwagon."
If anything, the $1000 "bubble" was just the icing on the cake
Will this coming 2015 a lot better year for btc?
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