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Topic: Global economy forecasts say that 2014 will be great. Is this good or bad for BT (Read 724 times)

legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Actually there is really no advantage for the average joe.

except that every average joe is greedy, and dreams of becoming rich doing nothing.

So Bitcoiners and the average joe have at least this thing in common. Wink
legendary
Activity: 1176
Merit: 1010
Borsche
Actually there is really no advantage for the average joe.

except that every average joe is greedy, and dreams of becoming rich doing nothing.
legendary
Activity: 1330
Merit: 1000
dafar consulting
So almost all global economy forecasts that I've read are very optimistic about global economy in 2014. Is this good or bad for BTC? I have this impression that BTC attracts more people when there are risks of financial trouble around the world.

My 2 cents? Bitcoin is going to boom. Absolutely. The fear of it not being accepted is gone now in many countries. This was the biggest psychological barrier.

Have you ever talked to non tech people?
90 don't see any advantage. 10% think it's a scam.

Actually there is really no advantage for the average joe. Transfer large amounts abroad very fast, is limited by 2 transactions from fiat to bitcoin and reverse. A simple online bank transfer is faster and cheaper.

Most people here are tech nerds (me too). But we are not the majority.


Good, that means we're still early in the game.


You're sort-of right about average Joes, which I'll assume are Americans, not desperately needing bitcoin at the moment. Bitcoin will probably become mainstream in developing countries first. But as far as online bank transfers being faster and cheaper.... how?
hero member
Activity: 515
Merit: 506
Screw It, Let's Do It
So almost all global economy forecasts that I've read are very optimistic about global economy in 2014. Is this good or bad for BTC? I have this impression that BTC attracts more people when there are risks of financial trouble around the world.

My 2 cents? Bitcoin is going to boom. Absolutely. The fear of it not being accepted is gone now in many countries. This was the biggest psychological barrier.

Have you ever talked to non tech people?
90 don't see any advantage. 10% think it's a scam.

Actually there is really no advantage for the average joe. Transfer large amounts abroad very fast, is limited by 2 transactions from fiat to bitcoin and reverse. A simple online bank transfer is faster and cheaper.

Most people here are tech nerds (me too). But we are not the majority.
newbie
Activity: 14
Merit: 0
Haha I'm sure they said the same in 2008.
legendary
Activity: 2268
Merit: 1278
It's good, because they are wrong. With peoples hopes pumped up, their despair and frantic search for alternatives will make bitcoin seem that much more attractive when the bad news come rolling in.
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
So almost all global economy forecasts that I've read are very optimistic about global economy in 2014. Is this good or bad for BTC? I have this impression that BTC attracts more people when there are risks of financial trouble around the world.

My 2 cents? Bitcoin is going to boom. Absolutely. The fear of it not being accepted is gone now in many countries. This was the biggest psychological barrier.
newbie
Activity: 42
Merit: 0
So almost all global economy forecasts that I've read are very optimistic about global economy in 2014. Is this good or bad for BTC? I have this impression that BTC attracts more people when there are risks of financial trouble around the world.
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