Author

Topic: The really good news with recent events and catalysts for price increase (Read 896 times)

full member
Activity: 168
Merit: 100
Btc has really shown how extremely resilient it is and how many of us that really fundamentally believe in the its core value despite the last 2 months events. If all the recent events would have happened 2013, or 2012 the price probably would have dropped 80%+ ( like it did a few times).

My question is now that most of the bad news hopefully are gone.. what are the potential catalysts that will drive the price to 2k+ this year?


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sr. member
Activity: 280
Merit: 250
Knowledge is Power
Honestly the latest price drop isn't so much because of really bad news, as much as a lot of small or medium negative news all happening at the same time. And these will continue to happen throughout Bitcoin's future, until it *hopefully* becomes an accepted form of currency. I don't think we will have other big negative periods like this one in 2014, but of course I can't predict the future; I'm just making a guess based on how unlikely a lot of negative news are to happen at around the same time. In terms of potential positive news in the future...hopefully people will get out of Gox and go to the solid exchanges (stamp, btc-e etc) so that should cause a notable rise.

 And yeah more retailers accepting bitcoin, I mean this is going on every day, it's just that we're still waiting for that one big company to open the flood gates. I think 2014 might be that year for that big company, but definitely not right now with all the volatility and bad press.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
that's hard to say. but it will probably move up first then get the news later.
legendary
Activity: 961
Merit: 1000
Catalyst:
1. God - from the thread title
2. Some type of Cyprus 2013 type event. (Argentina, Venezuela could but people have difficulty getting bitcoins there, but they could get others to evaluate their own safety. Some southern euro zone countries too)
3. Some more large retailers accepting btc.
4. Gox ending the uncertainty. They need to get their act together.
...

:-)

A euro country would definitely be a catalyst as surrounding countries or countries with a less than rosy economy would probably think they are the next domino in line. And with the IMF having stated that bail ins will be enforced (IIRC), then that should see a heavy influx.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
Thats just the thing with bad news, it usually comes unexpectedly, otherwise it wouldnt be news. We could use some good news for a change!
legendary
Activity: 4256
Merit: 1313
Catalyst:
1. God - from the thread title
2. Some type of Cyprus 2013 type event. (Argentina, Venezuela could but people have difficulty getting bitcoins there, but they could get others to evaluate their own safety. Some southern euro zone countries too)
3. Some more large retailers accepting btc.
4. Gox ending the uncertainty. They need to get their act together.
...

:-)
full member
Activity: 220
Merit: 100
Btc has really shown how extremely resilient it is and how many of us that really fundamentally believe in the its core value despite the last 2 months events. If all the recent events would have happened 2013, or 2012 the price probably would have dropped 80%+ ( like it did a few times).

My question is now that most of the bad news hopefully are gone.. what are the potential catalysts that will drive the price to 2k+ this year?
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