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Topic: Bitcoin Recovery date (Read 2472 times)

legendary
Activity: 2744
Merit: 1288
July 22, 2014, 03:32:27 PM
#23
Personally i think we will see Bitcoin recover, as in $1000+ in 2015. Yes, we all thought 2014 is the year of the bitcoin but lets face it MtGox and the Chinese killed that idea.

We are now at a stage where infrastructure and startups are forming around Bitcoin and creating ways for more Bitcoin adoption. Also in this phase there will be a lot of cleansing of AltCoins as we have seen, some coins lost 90% of their value from ATH and stuck there some completely dead. Current climate is also a good time to test future prospects of certain promising coins such as DarkCoin.

share your opinions as to when you think we'd see a recovery.

It need to fall first before will recover.

And forget of DRK. Monero FTW!
hero member
Activity: 616
Merit: 500
July 22, 2014, 03:10:38 AM
#22
Its impossible say when we'll see the next big jump.

All we can say, lookig at the previous rises, it will be quick and big one, not motived by a single factor, and unpredictable.


But the end of year has big chance of being the next big rise, because people get extra-money in this period and lots of buys and sells due to new year and Xmas stuff, what can be good for the bitcoin business,
legendary
Activity: 1120
Merit: 1000
July 22, 2014, 02:14:58 AM
#21
Doubt we will see up-1000 again this year.

But we may scratch the 900's between september and december, because many rises start this perior of yer for some reason.
full member
Activity: 140
Merit: 100
July 22, 2014, 01:44:51 AM
#20
Did you think in July last year that we will grow x12 from there in just three months? No, nobody did. So please, put on your happy face and prepare to be surprised.

As for dates, the latest we will break $1000 is this October 2014. Earliest theoretically possible? Tomorrow. So I think it's somewhere inbetween, mid-August maybe.

Most of people around here said this so end of August begin of September?
member
Activity: 64
Merit: 11
July 21, 2014, 08:19:17 PM
#19
It's going up to $1000 tomorrow around 1500 UTC.
full member
Activity: 315
Merit: 103
July 21, 2014, 08:12:03 PM
#18
Bitcoin may never go up to 1000 again seeing how good news on DELL didn't rally the price even the slightest.

Sense the same thing. Tempted to short small amount right now.
full member
Activity: 152
Merit: 100
July 21, 2014, 10:48:58 AM
#17
Bitcoin may never go up to 1000 again seeing how good news on DELL didn't rally the price even the slightest.
legendary
Activity: 1722
Merit: 1000
July 21, 2014, 08:49:11 AM
#16
Did you think in July last year that we will grow x12 from there in just three months? No, nobody did. So please, put on your happy face and prepare to be surprised.

As for dates, the latest we will break $1000 is this October 2014. Earliest theoretically possible? Tomorrow. So I think it's somewhere inbetween, mid-August maybe.

I like you, you're crazy but I like you.
hero member
Activity: 563
Merit: 500
July 20, 2014, 04:21:18 AM
#15
Hard to see it rally big time when the market cap already 8B.

8 billion is not a large market cap at all for something like bitcoin.

When you realise that all the bitcoin in the world would not be enough to pay the fine that's recently been imposed on BNP Paribas, you realise just how small bitcoin is in the financial world.

roy
sr. member
Activity: 322
Merit: 250
July 19, 2014, 06:20:42 AM
#14
I would swich places with XMR when it comes to DRK, I don't see it being used in the long run with its scammy past and doubtful anonimizing tech.
In any case the Bitcoin price, I would say it's going to be pretty stable until XMAS or so, with another bullish race, then another dump, then a slow steady growth during 2015 as more and more positive news arise in the mainstream media. Of course don't take this as fact, it's just a sill prediction.
legendary
Activity: 854
Merit: 1000
July 19, 2014, 06:13:12 AM
#13
Hard to see it rally big time when the market cap already 8B.
Global remittances alone were $514 billion in 2012 according to the World Bank.

What else do you think Bitcoin could be used for?


Wealth storage?  Wink
legendary
Activity: 1176
Merit: 1010
Borsche
July 19, 2014, 06:09:24 AM
#12
Did you think in July last year that we will grow x12 from there in just three months? No, nobody did. So please, put on your happy face and prepare to be surprised.

As for dates, the latest we will break $1000 is this October 2014. Earliest theoretically possible? Tomorrow. So I think it's somewhere inbetween, mid-August maybe.
legendary
Activity: 1792
Merit: 1000
July 19, 2014, 05:33:09 AM
#11
Hard to see it rally big time when the market cap already 8B.
Global remittances alone were $514 billion in 2012 according to the World Bank.

What else do you think Bitcoin could be used for?
hero member
Activity: 784
Merit: 1001
July 18, 2014, 07:21:01 PM
#10
Hard to see it rally big time when the market cap already 8B.

$8 Billion isn't big. You know what's big? $8 Trillion.

( Here is how the above sentence is intended to be stated: https://www.youtube.com/watch?v=4e0n7vTLz1U )
sr. member
Activity: 336
Merit: 250
July 18, 2014, 05:44:54 PM
#9
Hard to see it rally big time when the market cap already 8B.

8 billion is not a large market cap at all for something like bitcoin.
sr. member
Activity: 378
Merit: 255
July 18, 2014, 05:38:49 PM
#8
Hard to see it rally big time when the market cap already 8B.

No, it's not.  You'll see another bubble some day.
full member
Activity: 315
Merit: 103
July 18, 2014, 05:28:12 PM
#7
Hard to see it rally big time when the market cap already 8B.
legendary
Activity: 1064
Merit: 1001
July 18, 2014, 01:50:15 PM
#6
slightly above 630 but I guess we'll see some dumpers soon.
legendary
Activity: 1792
Merit: 1000
July 18, 2014, 01:41:23 PM
#5
The longer it takes, the better for me Smiley

I think it will be quicker than you expect.
legendary
Activity: 1386
Merit: 1053
Please do not PM me loan requests!
July 18, 2014, 01:38:49 PM
#4
The next time bitcoin rises by 50% in a day, I'm calling it Bitcoin Sunday, or Monday, or whatever day it was.
That way I'll have an excuse to eat pizza on every anniversary of the event.
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