I doubt.
Things are so boring so far
Things are so boring so far
You never know. It might be the calm before the storm.
That is what we need to start a healthy leg up.
It's also generally a good time to buy since the prices are relatively low.
Topic: Is 2015 The Year? (Read 14880 times)
You never know. It might be the calm before the storm.
That is what we need to start a healthy leg up.
It's also generally a good time to buy since the prices are relatively low.
Quote
It is a zero sum game,
It has already been discussed at length, Bitcoin is NOT a zero sum game (no monetary system is and it is a confusion banksters have used to dupe people out of value for centuries). Gains from comparative efficiency in properties (storage, transaction, security, etc) with respect to other forms of money and value increase by Metcalfe network value (network effect) are two main contributors, and there are others, dyodd.
Arm yourself with wisdom and knowledge or prepare to be taken advantage of.
Quote
At some point when the new ETF and exchanges start opening up for business and as wealthy onlookers and hedge funds start coming on board...
When the pros come in, it's to take money out, not put money in. Always remember, Bitcoin is zero-sum.If you've been in the game for half an hour and don't know who the patsy is, you're the patsy.
This quote is probably what most fear. But, reject it in our minds only because we all love to dream.
It is a zero sum game, based on who can inject money at anytime if they wished. Esp, people like ex jp morgan people makes tons of money, and making a secret mining company thats listed as a cucumber mining?
Search those words in the thread, and see what you find. It links back to a auction won on the silkroad coins etc which is a bit off-topic. But, this is just to give you a insight on whats going on.
These organizations create private facilities alone for the stock exchange, so they already been doing it with bitcoin.
I doubt.
Things are so boring so far
Things are so boring so far
You never know. It might be the calm before the storm.
That is what we need to start a healthy leg up.
I doubt.
Things are so boring so far
Things are so boring so far
You never know. It might be the calm before the storm.
I doubt.
Things are so boring so far
Things are so boring so far
Quote
At some point when the new ETF and exchanges start opening up for business and as wealthy onlookers and hedge funds start coming on board...
When the pros come in, it's to take money out, not put money in. Always remember, Bitcoin is zero-sum.If you've been in the game for half an hour and don't know who the patsy is, you're the patsy.
2013 was the year of Bitcoin.
i don't really agree, 2013 wasn't the first time where bitcoin went high, i recall 2011 was the same x20 increase in price
based on this one can suppose that basically every two years bitcoin go BOOM, so next one should be this year
If I had a rice cooker, I could use it to make bread. Just because something is made with a certain purpose in mind, doesn't mean it has to be used for that purpose. It doesn't even necessarily have to remain as the primary purpose.
It's the same for bitcoin. If bitcoin was meant to be a currency, that doesn't mean it works best as a currency. Certainly it doesn't work very well right now, because the infrastructure is not there. I can possibly imagine a day when bitcoin will work well as a currency, but it is far behind fiat in pretty much every single way currently. There's no point having a fast international transfer confirmation when it can't really be used on the other side, or would take days to have it converted back to fiat at some cost.
There's no real point in forcing bitcoin to be a currency right now. It can do that when the infrastructure is more mature, and it gets better at doing that. For now, it is good as a speculative asset, and I think the key is to get people to recognize the potential of this technology, rather than to try to force them to subscribe to some political ideology.
That is exactly my point. Bitcoin is a speculative asset for now, until it is not proven otherwise.It's the same for bitcoin. If bitcoin was meant to be a currency, that doesn't mean it works best as a currency. Certainly it doesn't work very well right now, because the infrastructure is not there. I can possibly imagine a day when bitcoin will work well as a currency, but it is far behind fiat in pretty much every single way currently. There's no point having a fast international transfer confirmation when it can't really be used on the other side, or would take days to have it converted back to fiat at some cost.
There's no real point in forcing bitcoin to be a currency right now. It can do that when the infrastructure is more mature, and it gets better at doing that. For now, it is good as a speculative asset, and I think the key is to get people to recognize the potential of this technology, rather than to try to force them to subscribe to some political ideology.
Meaning, whenever you feel there is more room to the upside, rather than to the downside, there will be speculators buying, hoping to sell it more expensive.
And I see 2015, as the year of potential good buys.
The effect of ETF/Gemini et al. is greatly overestimated, in my opinion. It's not these things that bring no real benefit to the usability of bitcoins, that bring really no innovation to the field that will catapult bitcoin to mainstream.
I think it'll blow our tits off.
I doubt finance professionals care remotely about the currency aspect, it's all about BTC as an asset class and there's nothing else quite like it out there.
If it arrives then it might well start a tidal wave of others looking to enter.
Not the original intention at all, probably an active perversion, but a very possible outcome.
The effect of ETF/Gemini et al. is greatly overestimated, in my opinion. It's not these things that bring no real benefit to the usability of bitcoins, that bring really no innovation to the field that will catapult bitcoin to mainstream.
Besides, we already know about these things.
What will really make bitcoin succeed are the projects we don't currently know about, projects we currently aren't paying attention to. Who knew that clash of clans will become so popular when it's really just a clone of so many other similar games? We don't really know when something will breakout like that. Or what it will be.
Besides, we already know about these things.
What will really make bitcoin succeed are the projects we don't currently know about, projects we currently aren't paying attention to. Who knew that clash of clans will become so popular when it's really just a clone of so many other similar games? We don't really know when something will breakout like that. Or what it will be.
The year is 2016 wihtout fbi dumps, with etf and halving
I strongly believe we will (at least) experience the trend reversal this year, which - in my opinion - has already happened in January and it's confirmation happens as we speak!!!
If I had a rice cooker, I could use it to make bread. Just because something is made with a certain purpose in mind, doesn't mean it has to be used for that purpose. It doesn't even necessarily have to remain as the primary purpose.
It's the same for bitcoin. If bitcoin was meant to be a currency, that doesn't mean it works best as a currency. Certainly it doesn't work very well right now, because the infrastructure is not there. I can possibly imagine a day when bitcoin will work well as a currency, but it is far behind fiat in pretty much every single way currently. There's no point having a fast international transfer confirmation when it can't really be used on the other side, or would take days to have it converted back to fiat at some cost.
There's no real point in forcing bitcoin to be a currency right now. It can do that when the infrastructure is more mature, and it gets better at doing that. For now, it is good as a speculative asset, and I think the key is to get people to recognize the potential of this technology, rather than to try to force them to subscribe to some political ideology.
It's the same for bitcoin. If bitcoin was meant to be a currency, that doesn't mean it works best as a currency. Certainly it doesn't work very well right now, because the infrastructure is not there. I can possibly imagine a day when bitcoin will work well as a currency, but it is far behind fiat in pretty much every single way currently. There's no point having a fast international transfer confirmation when it can't really be used on the other side, or would take days to have it converted back to fiat at some cost.
There's no real point in forcing bitcoin to be a currency right now. It can do that when the infrastructure is more mature, and it gets better at doing that. For now, it is good as a speculative asset, and I think the key is to get people to recognize the potential of this technology, rather than to try to force them to subscribe to some political ideology.
It has been mostly driven by speculators so far, and thus, this year seems to be good year to accumulate coins cheaply, ahead of the bitcoin-positive events coming next year, i.e., halving event, ETF, etc.
I'm not even surprised that we have had many people complaining. Don't get me wrong. I'm accumulating as well, but whenever I see something that I need that can be bought with Bitcoin I buy it.
2015 is buying and accumulation year. it may be boring, but the real fun will be next year.
Nonsense. Every year people say that. When is the 'buying and using year'. Bitcoin is not a investment, it is a currency. OP I do not think that this is the year in which we will see the price surge that you expect. This year we will see a lot of development in the infrastructure.
We could potentially see a price surge in 2016 after the halving, or once the ETF goes public. You never know.
It has been mostly driven by speculators so far, and thus, this year seems to be good year to accumulate coins cheaply, ahead of the bitcoin-positive events coming next year, i.e., halving event, ETF, etc.
this year is a consolidation year for bitcoin, bitcoin will see a strong correction price and a new value will be established without the worry to return to the previous price, 230-250 seems already this value, is holding very good
i could see a steady and very slow rising from now
i could see a steady and very slow rising from now
I am really hoping BTC will bounce back this year. No one can know for sure, but last year was pretty much bear the whole year. Hopefully this year wont be the same.
I think it could very well be a year for the price to recover to a certain degree, but I haven't really made up my mind on whether we will achieve a new ATH. Chances of recovering to $1'000 aren't that bleak, though - in my opinion!
2015 is the year that will make Bitcoin even stronger then ever before.
Indeed you only need to look at venture capital and new services appearning nonstop. The fact the masses hasn't caught on it yet reflects on the price, but its a matter of time. Jump to: