Estimating the date of the third Bitcoin price peak

5000Bitcoins

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Quote from: indiemax on November 15, 2014, 01:28:25 PM

Quote from: 5000Bitcoins on November 14, 2014, 09:26:35 AM

I think we'll see more of it prior to christmas. Holidays pretty good for merchant adoption!

Wrong time actually, no business would risk adding a new payment processor which could potentially create issues and consequently bad publicity at the best trading time of the year.

Any merchant adoption will restart Feb time after the sales.

No, just take a look at what happends prior to and after Black Friday every year. Cyber monday too.. late november, early december paving the way for christmas.
Massive merchant adoption occurs!

Flashman

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Hodl!

Yah, applepay is gonna get fucked over christmas.

indiemax

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Quote from: 5000Bitcoins on November 14, 2014, 09:26:35 AM

I think we'll see more of it prior to christmas. Holidays pretty good for merchant adoption!

Wrong time actually, no business would risk adding a new payment processor which could potentially create issues and consequently bad publicity at the best trading time of the year.

Any merchant adoption will restart Feb time after the sales.

JimboToronto

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You're never too old to think young.

LOL Third price peak?

So Bitcoin started in 2013?

Any analysis of the price of bitcoins that doesn't include the Great Bitcoin Bubble of June 2011 is as bogus as the childish mewling of the noobs who think Bitcoin started last November at $1000.

What a joke.

Flashman

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Hodl!

Well if we equate that with "apocalypses" then bring them on, I've survived about a hundred predicted apocalypses since birth, no problems, but 2 bitcoin price spikes seem to have killed nerves, braincells, and got my manbeard turning grey. Cheesy

belmonty

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Quote from: SmoothCurves on November 14, 2014, 05:50:57 PM

TL;DR April 2016 peak of $4-5k

IMO I think we'll have one before Fall 2015.

That sounds right to me, but I'm only guessing the future

SmoothCurves

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TL;DR April 2016 peak of $4-5k

IMO I think we'll have one before Fall 2015.

Ron~Popeil

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Quote from: Flashman on November 14, 2014, 01:58:28 PM

All we need is another super large credit card breach, then one big retailer will adopt bitcoin to "get one over" on the unfortunate competitor.... or they'll do it to save face/restore faith.

National Cash Register just got bitcoin support in their products, so it should be getting easier for some of them to implement.

The NCR thing didn't generate a ton of buzz but that might be the most important story in recent weeks. This gives bitcoin a potentially giant market penetration.

Sefton

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Quote from: wesk1212 on November 14, 2014, 01:19:21 PM

Quote from: 5000Bitcoins on November 14, 2014, 09:26:35 AM

I think we'll see more of it prior to christmas. Holidays pretty good for merchant adoption!

I hope youd realize merchant acceptance doesnt mean much. Especially companys like overstock. Walmart wed be talking different

Bitcoin price is unpredictable. Merchant acceptance is always good but sometimes even just the speculation or rumor or a merchant accepting it can effect the price. I would love to see what would happen to it if a massive company like Amazon announced it was accepting it though Grin

.

5000Bitcoins

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Quote from: wesk1212 on November 14, 2014, 01:19:21 PM

Quote from: 5000Bitcoins on November 14, 2014, 09:26:35 AM

I think we'll see more of it prior to christmas. Holidays pretty good for merchant adoption!

I hope youd realize merchant acceptance doesnt mean much. Especially companys like overstock. Walmart wed be talking different

How so? The more merchants accepting it, the more like a currency it becomes

Flashman

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Hodl!

All we need is another super large credit card breach, then one big retailer will adopt bitcoin to "get one over" on the unfortunate competitor.... or they'll do it to save face/restore faith.

National Cash Register just got bitcoin support in their products, so it should be getting easier for some of them to implement.

wesk1212

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Quote from: 5000Bitcoins on November 14, 2014, 09:26:35 AM

I think we'll see more of it prior to christmas. Holidays pretty good for merchant adoption!

I hope youd realize merchant acceptance doesnt mean much. Especially companys like overstock. Walmart wed be talking different

franky1

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you cannot predict a yearly spike based purely on years history..

you need full history, and also the context that cased the last few spikes along with relevent data to notice patterns in todays movements..

5000Bitcoins

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I think we'll see more of it prior to christmas. Holidays pretty good for merchant adoption!

bornil267645

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AltoCenter.com

I am not expecting any power surge now, because I really hope people finally gets a steady virtual currency with steady price. And this steady price (regardless of being low) might be the best thing 4 BTC.

Alexunited

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