Topic: 2015 is THE year of bitcoin am I right guys? - page 2. (Read 2370 times)
Around six months ago I made a prediction of bitcoin around $1200 US in November 2015. In other words, I was predicting a bit of a rush on bitcoin as a response to another financial collapse, as 2001 -> 2008 -> 2015 on a seven year cycle. I still stand by that, I don't expect much joy in the first half of the year though.
pump a good altcoin until bitcoin is ready ...
thing is: falling prices and stagnation hinder adoption. Would it be rising it would be adopted fast - get the idea?
it's not rising because it's not adopted - and it's not adopted because it's not rising
the loop
it was and still is too profitable for miners (and will still be that for much too long) and there was no incentive for investors because all the incentive went to the miners. So now you have a strong network but investors aren't interested a lot anymore - they burned their money already, miners took it. So now it's stuck.
Inflation was never in history a good thing ever.
Next try: favour miners less
crypto is a good idea but bitcoin burned all the enthusiasm away with this kind of inflation.
Should be rising next 6 to 12 weeks and not dump afterwards considerably or it's really done imo.
I suspect the big money that have played the market this past year are just waiting for regular adoption to bump the price. This could easily take a year or more. They might pump it enough to keep mining profitable past the block halving, but probably no more than that.
thing is: falling prices and stagnation hinder adoption. Would it be rising it would be adopted fast - get the idea?
it's not rising because it's not adopted - and it's not adopted because it's not rising
the loop
it was and still is too profitable for miners (and will still be that for much too long) and there was no incentive for investors because all the incentive went to the miners. So now you have a strong network but investors aren't interested a lot anymore - they burned their money already, miners took it. So now it's stuck.
Inflation was never in history a good thing ever.
Next try: favour miners less
crypto is a good idea but bitcoin burned all the enthusiasm away with this kind of inflation.
Should be rising next 6 to 12 weeks and not dump afterwards considerably or it's really done imo.
I suspect the big money that have played the market this past year are just waiting for regular adoption to bump the price. This could easily take a year or more. They might pump it enough to keep mining profitable past the block halving, but probably no more than that.
Whatever. The generous bearwhale has allowed me to get a stash 3 times as big as I originally set out for. I will either be richer than expected, or I will have lost a relatively small amount in the big scheme of life. It's a good bet.
Whatever. The generous bearwhale has allowed me to get a stash 3 times as big as I originally set out for. I will either be richer than expected, or I will have lost a relatively small amount in the big scheme of life. It's a good bet.
Many people waiting for a new year bubble but I think we will be still <350 for long. I smell tears
We do have significant resistance around the $350-$380 level however I do think we will punch through it in the somewhat near future. I would say the next catalyst for bicoin to move in either direction would be the SR/ross ulbright trial 
Many people waiting for a new year bubble but I think we will be still <350 for long. I smell tears
Anyone sitting around betting everything on a bubble will have learnt their lesson over the course of the last few months.
It's a lovely idea, but reality shoud've beaten some sense into most.
Many people waiting for a new year bubble but I think we will be still <350 for long. I smell tears
Let's face it, most of 2014 was depressing.. but it's the odd years that bring all the luck!
I think it's also a good sign that people don't have ridiculous expectations this year like they did for 2014. Bitcoin does the opposite of what most people expect... and right now it seems like a lot of people expect doom. lol
I think it's also a good sign that people don't have ridiculous expectations this year like they did for 2014. Bitcoin does the opposite of what most people expect... and right now it seems like a lot of people expect doom. lol
2015 -> 20:15 -> prime-time! Bitcoin will go up to 85,000$!
full member
Activity: 882
Merit: 102
PayAccept - Worldwide payments accepted in seconds
should be the year of altcoins.
[CURRENT_YEAR + 1] is THE year of bitcoin am I right guys?
Repeat every year.
Repeat every year.
more like 2016 with the block halving, or maybe later this year
I don't think we'll see much action til late 2015 or 2016 either.... we are currently in what I think will be the longest "despair phase" we have ever seen. It should shake off a lot of weaker hands currently holding
more like 2016 with the block halving, or maybe later this year
"The year of Bitcoin" sounds quite like a short term thought.
What happens after that "year of Bitcoin" ?? Falling back in old habits??
What happens after that "year of Bitcoin" ?? Falling back in old habits??
Once the "year of Bitcoin" happens, its fall will still be higher than old habits
"The year of Bitcoin" sounds quite like a short term thought.
What happens after that "year of Bitcoin" ?? Falling back in old habits??
What happens after that "year of Bitcoin" ?? Falling back in old habits??
Let's face it, most of 2014 was depressing.. but it's the odd years that bring all the luck!
I think it's also a good sign that people don't have ridiculous expectations this year like they did for 2014. Bitcoin does the opposite of what most people expect... and right now it seems like a lot of people expect doom. lol
I think it's also a good sign that people don't have ridiculous expectations this year like they did for 2014. Bitcoin does the opposite of what most people expect... and right now it seems like a lot of people expect doom. lol
Jump to: