Bitcoin 2014 - Top 10 Predictions - page 2.

cdog

hero member

Activity: 1036

Merit: 500

Quote from: bitzbank on January 13, 2014, 01:24:25 PM

A $4000-$5000 BTC in 2014? I don't think so IMO.
I expect that in 3-5 years.

Maybe you havent been paying attention, but with Bitcoin the relationship between price and difficulty is strong, this has to do with the investment people make in mining hardware, and the difficulty isnt going anywhere but straight UP in 2014. It may begin to plateau in 2015-2016 as ASICs reach the limits of current manufacturing tech like 20nm and below, gains in efficiency will become increasingly smaller and many small players get squeezed out of the mining game if they havent already.

sniksen

newbie

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Merit: 0

Quote from: kylekartan on January 13, 2014, 01:28:19 PM

I think we're going to start seeing more and more retailers (big and small) start accepting BTC.

The more that people know about it (mass media), the more that we'll start to see it come up. Once some major retailers start accepting it (looking at you Amazon/Overstock), the general masses will start to see a use for it, thus gain popularity etc etc.

It would be nice to see the altcoins get trimmed down a bit though....

Especially small retailers. When you can't reverse a transaction all sales are final

It's a safe, problem free way of selling to everyone

guybrushthreepwood

legendary

Activity: 1232

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Quote from: Elroban on January 13, 2014, 01:42:26 PM

Lets hope we see more and more retailers accept the bitcoin and lets hope we don't see anymore banning of anything that has to do with BTC.
I'm also very curious about any new next-gen coins that might even be better. Although those will have a really hard time trying to establish something while bitcoin grows larger and larger.

IF they were truly next gen or revolutionary then they will be adopted, but not if they're just clones of other coins that offer nothing new.

Elroban

newbie

Activity: 3

Merit: 0

Lets hope we see more and more retailers accept the bitcoin and lets hope we don't see anymore banning of anything that has to do with BTC.
I'm also very curious about any new next-gen coins that might even be better. Although those will have a really hard time trying to establish something while bitcoin grows larger and larger.

kylekartan

newbie

Activity: 34

Merit: 0

I think we're going to start seeing more and more retailers (big and small) start accepting BTC.

The more that people know about it (mass media), the more that we'll start to see it come up. Once some major retailers start accepting it (looking at you Amazon/Overstock), the general masses will start to see a use for it, thus gain popularity etc etc.

It would be nice to see the altcoins get trimmed down a bit though....

bitzbank

newbie

Activity: 12

Merit: 0

A $4000-$5000 BTC in 2014? I don't think so IMO.
I expect that in 3-5 years.
I think (and hope) there will be steady avg 5% growth per month for BTC.

The most exciting prospect for me in 2014 will be WDC (WorldCoin).

guybrushthreepwood

legendary

Activity: 1232

Merit: 1195

Quote from: quarkyplum on January 13, 2014, 11:11:17 AM

Quote

3. There will be less than 5 alt-coins (out of the 50+ in existence) that will survive 2014

10. Last but not the least – Satoshi nakamoto will be Time’s Person of the Year 2014.

Bitcoin 2014 - Top 10 Predictions

50 alt coins in existence? There's at least double that already and numerous ones coming out almost daily. http://www.wheretomine.com/

And I think Satoshi has a good chance of winning this year.

quarkyplum

full member

Activity: 378

Merit: 100

Quote

Top 10 predictions for Bitcoin 2014.

1. More than $100M of venture capital will flow into Bitcoin start-ups.

2. Mining ‘will not’ be dead

3. There will be less than 5 alt-coins (out of the 50+ in existence) that will survive 2014

4. Bitcoin community will solve problems including that of ‘anonymity’

5. US, China and other global forces will not be at the forefront of Bitcoin adoption

6. Indian ecosystem will be slow to evolve; limited to speculators and mining pools

7. The use of Bitcoin will evolve beyond ‘store of value’ or ‘transactions’

8. The ‘browser’ of Bitcoin will come this year

9. The price of Bitcoin is likely to range between $4000-5000 by the end of 2014

10. Last but not the least – Satoshi nakamoto will be Time’s Person of the Year 2014.

Bitcoin 2014 - Top 10 Predictions

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