Can't find another market as big as China. Price will continue downtrend until new market emerges.
Maybe we cannot find another China, but we can definitely find lots of Cypruses.
Bitcoin may benefit from screwed up fiat regimes.
Topic: Let us return to early 2013 (Read 1727 times)
Maybe we cannot find another China, but we can definitely find lots of Cypruses.
Bitcoin may benefit from screwed up fiat regimes.
You see, on 2013 the price always going up. Reaching 2 amazing all time high. While on 2014 the price only decreasing. And now we're under $300, just like early 2013.
2013 had two Bitcoin bubbles - the Silk Road drug bubble and the China exchange controls evasion bubble. The Silk Road crowd is in jail, and the People's Bank of China cut off the air supply of the China bubble. Another bubble would require a new use case for Bitcoin. None was found in 2014.
theres hopium OpenBazaar gets off the ground
I really hope it is a legitimate use like remittances which drives the next price rise. If it is driven by drugs or something otherwise illegal, it would only be a bubble.
You see, on 2013 the price always going up. Reaching 2 amazing all time high. While on 2014 the price only decreasing. And now we're under $300, just like early 2013.
2013 had two Bitcoin bubbles - the Silk Road drug bubble and the China exchange controls evasion bubble. The Silk Road crowd is in jail, and the People's Bank of China cut off the air supply of the China bubble. Another bubble would require a new use case for Bitcoin. None was found in 2014.
theres hopium OpenBazaar gets off the ground
You see, on 2013 the price always going up. Reaching 2 amazing all time high. While on 2014 the price only decreasing. And now we're under $300, just like early 2013.
2013 had two Bitcoin bubbles - the Silk Road drug bubble and the China exchange controls evasion bubble. The Silk Road crowd is in jail, and the People's Bank of China cut off the air supply of the China bubble. Another bubble would require a new use case for Bitcoin. None was found in 2014.
Can't find another market as big as China. Price will continue downtrend until new market emerges.
Interesting for two reasons. 1) the price is currently where it was before the Chinese mania. 2) you seem to forget the fundamental behind a rising price, increasing adoption. No new market must emerge for the price to rise tenfold again.
similar price, different felling
sorry the question, I did not understand! could explain betterCan't find another market as big as China. Price will continue downtrend until new market emerges.
Maybe we cannot find another China, but we can definitely find lots of Cypruses.
Bitcoin may benefit from screwed up fiat regimes.
You see, on 2013 the price always going up. Reaching 2 amazing all time high. While on 2014 the price only decreasing. And now we're under $300, just like early 2013.
2013 had two Bitcoin bubbles - the Silk Road drug bubble and the China exchange controls evasion bubble. The Silk Road crowd is in jail, and the People's Bank of China cut off the air supply of the China bubble. Another bubble would require a new use case for Bitcoin. None was found in 2014.
Can't find another market as big as China. Price will continue downtrend until new market emerges.
You see, on 2013 the price always going up. Reaching 2 amazing all time high. While on 2014 the price only decreasing. And now we're under $300, just like early 2013.
2013 had two Bitcoin bubbles - the Silk Road drug bubble and the China exchange controls evasion bubble. The Silk Road crowd is in jail, and the People's Bank of China cut off the air supply of the China bubble. Another bubble would require a new use case for Bitcoin. None was found in 2014.
Shhh... you're not supposed to say that in here. According to the "smart money" investors on this forum, bitcoin rallies begin for no reason other than "we're due for another one!"
weak hands , good price to re-buy 
I'm curious to read this thread in 2016, when will be btc halving.
I'm curious to read this thread in 2016, when will be btc halving.
You see, on 2013 the price always going up. Reaching 2 amazing all time high. While on 2014 the price only decreasing. And now we're under $300, just like early 2013.
2013 had two Bitcoin bubbles - the Silk Road drug bubble and the China exchange controls evasion bubble. The Silk Road crowd is in jail, and the People's Bank of China cut off the air supply of the China bubble. Another bubble would require a new use case for Bitcoin. None was found in 2014.
If you played it right, you would have more BTC than what you did in early 2013. Remember, you can make money from rising AND falling prices.
I was buying BTC for around $12-$15 each between about August / September 2012 and Jan 2013 if I remember correctly.
I paid a little more sometimes as I purchased some from a guy on Ebay.
I paid a little more sometimes as I purchased some from a guy on Ebay.
You see, on 2013 the price always going up. Reaching 2 amazing all time high. While on 2014 the price only decreasing. And now we're under $300, just like early 2013.
2013 had two Bitcoin bubbles - the Silk Road drug bubble and the China exchange controls evasion bubble. The Silk Road crowd is in jail, and the People's Bank of China cut off the air supply of the China bubble. Another bubble would require a new use case for Bitcoin. None was found in 2014.
thanks for everyone's patient explaination
You see, on 2013 the price always going up. Reaching 2 amazing all time high. While on 2014 the price only decreasing. And now we're under $300, just like early 2013.
2013 had two Bitcoin bubbles - the Silk Road drug bubble and the China exchange controls evasion bubble. The Silk Road crowd is in jail, and the People's Bank of China cut off the air supply of the China bubble. Another bubble would require a new use case for Bitcoin. None was found in 2014.
as for bubbles, only at low tide, and know who is swimming naked.
You see, on 2013 the price always going up. Reaching 2 amazing all time high. While on 2014 the price only decreasing. And now we're under $300, just like early 2013.
2013 had two Bitcoin bubbles - the Silk Road drug bubble and the China exchange controls evasion bubble. The Silk Road crowd is in jail, and the People's Bank of China cut off the air supply of the China bubble. Another bubble would require a new use case for Bitcoin. None was found in 2014.
similar price, different felling
sorry the question, I did not understand! could explain bettersimilar price, different felling
sorry the question, I did not understand! could explain betterOn January - March, Bitcoin price was <$50 , then April 2013, Bitcoin made an ATH $266 and then stabilize around ~$150. Then on late November, it reaches $1124.76
You see, on 2013 the price always going up. Reaching 2 amazing all time high. While on 2014 the price only decreasing. And now we're under $300, just like early 2013.
When we get back above $500 (for example), then people will start to feel pretty confident about the prices going much higher. For now, we are "depressed" and mostly only Smart Money is buying.
similar price, different felling
sorry the question, I did not understand! could explain bettersimilar price, different felling
sorry the question, I did not understand! could explain better Jump to: