Topic: Future of Bitcoin in 2014? (Read 1059 times)

You never know about bitcoin, but since wall street is remoured to go into bitcoins and with kitco now acknowledging bitcoins as an asset alongside precious metals, stocks and forex i think it will be a bright future.

However, judging from previous trends, we are still at the beginning of the famous S-curve of tech adoption..

Im new to the bitcoin world but I feel that 2014 will be a big year for crypto coins.  After that who knows. People on here should still be considered early adopters.  Good luck everyone!!!

To me Bitcoin will be more accepted

Guys why you can't wake up and think a bit more then BtcChina?
Why don't you guys accept BtcChina its just a past and finished, any one checked volume of Huobi? now every day they hav more then 50000 volume so the next big exchange in the marker. In 2014 BTC will go huge bitcoin is not controllable so none government could do nothing. Minimun 2000+ is BTC in early FEB.

I think there is a lot of truth there. As a some what new comer to crypto I am always left questioning what exactly it is that gives the coin value.
The more desirable it is to have, the more I think the price will rise.
Look at what happened when China hopped on, then off.

The more risk people are willing to take, people with money buying into bitcoin, the more other people will see it and accept it as something "real".
The largest issue I see, and encountered, was how to obtain bitcoins without paying through the nose in fees and such.
If someone set up a way to sell "gift cards" with bitcoins and they made their way into brick and mortar I think that would help.

To gain acceptance and get out there is the best thing I think bitcoin can do. Sadly most of the people I talk to about it know nothing or know it to be only a Buzzword.
Making bitcoins easier to obtain will make it easier for people to use them in their day to day lives.
Thanks for mowing my yard, here is a 20 dollar bitcoin giftcard/paper wallet. I know the paper wallets exist but it is a matter of making it easy for people.
Making some type of app/wallet that people can use on their phone (dunno if that has been done)

Branding plays a large part in consumerism. People like brands because they represent trust with companies. You know what you are getting when you buy a Big Mac.
Regulation is what helps to build trust in the brand. I think it will be interesting to see how the no regulation/lack of regulation plays out.

I cannot see why it'd be any less accepted than it is now. I'm sure many many more merchants will be dealing with Bitcoin and the price will follow suitably along.

Bitcoin will definitely reach at least $2,000 by the end of the 2014 but what Bitcoin really needs to get extremely stronger is more online stores accepting it.

Anyway even though I think bitcoin will reach the $10,000 people say, I don't think it's gonna be this year.

... but who knows, right?

I expect to see a growing number of programmers building out new Bitcoin infrastructure in 2014, further legitimising it's usage as a credible medium of exchange. There will undoubtedly be more bumps on the way but I firmly believe in the technology and shortcomings in our current financial systems it endeavours to solve... for that reason, I'm in for the long game!

In my opinion definitely bitcoins will rise in 2014 as bitcoins popularity is rising every part of the world. Bitcoins is turning into the globally accepted currency. In 2013 the crossing of $1000 was a clear evidence to the potential of bitcoin. So 2014 will be a big year for bitcoin

Thanks for the explanation

Well even assuming he gets his BTC back and whatnot, and decides to dump them all at the same time, it's only 173,000 ...

He has been accused of running silk road.
He is referring to this article:
http://www.forbes.com/sites/timworstall/2013/12/25/ross-ulbricht-im-not-the-dread-pirate-roberts-but-the-bitcoins-are-still-mine/

Who's Ross Ulbricht?

It should, BTCCHINA has finally worked out its deposit options for the chinese 

Hoping that BTC will return to $1200 per coin in the first quarter of the year 

i would also like to know ^ 

Id like to hear your thoughts on this:


How did you get such a bad rating and are still a noob?
Educated guesses are welcome.

Bitcoins value will decrease initially due to its non regulated nature. The world is watching now. There should be some regulatory issues to use bitcoins. It will reduce flow of investments.

Id like to hear peoples thoughts on Bitcoins future? More accepted or less accepted. Higher value or lower value. Researched based educated forecast.