Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: pawel7777 on April 11, 2015, 11:39:15 AM



Title: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: pawel7777 on April 11, 2015, 11:39:15 AM

Yesterday CoinDesk presented really nice piece of analytics of different aspects of Bitcoin in the first quarter of 2015 (compared to the last quarter of 2014).

86 slides compare wide range of subjects, from media attention, adoption to VC investments and regulations.

http://www.coindesk.com/state-of-bitcoin-q1-2015-record-investment-buoys-ecosystem/


Apparently Q1 2015 noted record VC investments (mostly due to 21 Inc).



Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: 2double0 on April 11, 2015, 11:41:53 AM
This shows that investments are coming in but the valuation is still getting manipulated a lot due to which the percentage of price increase is in negation.


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: Lauda on April 11, 2015, 11:43:10 AM
I've been waiting for such an article that will sum up information regarding this matter. The infrastructure is being developed and investments are flowing in rapidly.
Hopefully we will see investments come near $1B in 2015.


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: yayayo on April 11, 2015, 11:48:43 AM
This shows that investments are coming in but the valuation is still getting manipulated a lot due to which the percentage of price increase is in negation.

Sooner or later price will catch up with fundamentals.

Who would have imagined investment in Bitcoin technology of that magnitude three years ago? Not to mention the brain drain from leading corporations in favor of Bitcoin. Such developments will not take place without having effects.

And Wallstreet has not even joined the party...

ya.ya.yo!


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: Undermood on April 11, 2015, 11:50:36 AM
Bitcoin has a lot of potential, visional investors are injecting a lot of capital to it. The article provides a lot of info to me! Thanks!


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: Amph on April 11, 2015, 12:09:00 PM
despite all those investments, the price is still tanking, manipulation is really strong in bitcoin market, no wonder those crazy rise in money injection can't do shit


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: lucullus on April 11, 2015, 12:43:12 PM
Skewed view points are a dime a dozen in this community and this article proves that


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: tokeweed on April 11, 2015, 12:51:25 PM
Skewed view points are a dime a dozen in this community and this article proves that

Well when one is heavily invested all you can do is...

https://c1.staticflickr.com/3/2248/2191920556_74dd9bb3a7.jpg


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: Bitcoin_BOy$ on April 11, 2015, 12:58:12 PM
After Paypal announce Bitcoin transactions should growth a lot but we didn't see that and also about the price
still dropping even more  ??? can anyone explain this .


Kind Of Respect ,
Bitcoin Boy.


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: tokeweed on April 11, 2015, 01:08:32 PM
After Paypal announce Bitcoin transactions should growth a lot but we didn't see that and also about the price
still dropping even more  ??? can anyone explain this .


Kind Of Respect ,
Bitcoin Boy.

Because once they are receive bitcoin they are sell because are scared of hold it becuase prices going downer.


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: Lauda on April 11, 2015, 01:23:20 PM
After Paypal announce Bitcoin transactions should growth a lot but we didn't see that and also about the price
still dropping even more  ??? can anyone explain this .


Kind Of Respect ,
Bitcoin Boy.
This is quite simple. I can't even recall how many times I've had to say this around here.
Merchant adoption =/= price growth. General population adopting = price growth.
Why is that you ask? Usually when merchants accept Bitcoin they are either converting (i.e. selling) most of their Bitcoins for fiat, or even all of them. It is rare to find merchants that do not operate with fiat at all.


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: Q7 on April 11, 2015, 02:06:33 PM
Nice collection of data put together. Positive thing here is that we can see the numbers are growing. Never mind about being too slow moving, as long as there are positive news ahead, that should be good. I just hope it stays and maintains this way with some other big corporations also joining in.


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: lihuajkl on April 11, 2015, 02:09:45 PM
I think most of the bitcoin believers and venture capital investors are not looking at the price, believe in the technology. As the bitcoin ecosystem is building up on the way rapidly, ppl will find the utility of bitcoin. When the adoption rate is dramatically increased, the price will definitely increase a lot. 


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: Stedsm on April 11, 2015, 03:14:45 PM
I think most of the bitcoin believers and venture capital investors are not looking at the price, believe in the technology. As the bitcoin ecosystem is building up on the way rapidly, ppl will find the utility of bitcoin. When the adoption rate is dramatically increased, the price will definitely increase a lot. 

On one hand, it seems true but on the other way it shows that there are many people getting out of interest in Bitcoins just because they can't handle it due to drops in the price.


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: LiteCoinGuy on April 11, 2015, 03:36:08 PM
State of Bitcoin by CoinDesk is always a must read.


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: BitcoinNewbie15 on April 11, 2015, 11:07:51 PM
nice article. I usually enjoy reading things coindesk publishes :) Its good that more money is being invested in BTC YoY too i think.


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: cryptworld on April 12, 2015, 01:13:55 AM
As time goes by, and bitcoin enviroment feels better,with more investments and more interest in bitcoin startups and price of bitcoin keeps falling down, I keep thinking that bitcoin price will never recover even if accepted in tons of commerces


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: dasource on April 12, 2015, 01:22:27 AM
Keep this up for another year or two and we are well on our way.


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: cryptworld on April 12, 2015, 01:47:23 AM
Keep this up for another year or two and we are well on our way.
but what do you mean well on our way?

I think that without acceptance by normal people, bitcoin is not in a good path,although big enterprises appear if it is not used,which it is its purposes,it is a bad way


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: Amph on April 12, 2015, 07:15:19 AM
despite all those investments, the price is still tanking, manipulation is really strong in bitcoin market, no wonder those crazy rise in money injection can't do shit
I don't even care about the price at this point. Once you grasp the power behind OP_DUP OP_HASH160 pubKeyHash OP_EQUALVERIFY OP_CHECKSIG - the $price becomes a meaningless detail.

the price is still very important, if bitcoin was still at 1200, the adoption would be greater now, because the faith(in bitcoin) would be more established among many

Keep this up for another year or two and we are well on our way.
but what do you mean well on our way?

I think that without acceptance by normal people, bitcoin is not in a good path,although big enterprises appear if it is not used,which it is its purposes,it is a bad way

big merchant/company will help bitcoin acceptance, there is no doubt about that, average people will feel more safe if they know that big company are starting accepting bitcoin

it's a psychology thing


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: ashour on April 12, 2015, 08:12:05 AM
Interesting statistics, 2015 will be an interesting year of bitcoin and bitcoin startups in general. Many angel investors and VC firms are really interested in the bitcoin technology and want to grow it .


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: LiteCoinGuy on April 12, 2015, 08:14:29 AM
Interesting statistics, 2015 will be an interesting year of bitcoin and bitcoin startups in general. Many angel investors and VC firms are really interested in the bitcoin technology and want to grow it .

same was true for 2014  :P


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: arlekyn13 on April 12, 2015, 09:19:23 AM
Interesting statistics, 2015 will be an interesting year of bitcoin and bitcoin startups in general. Many angel investors and VC firms are really interested in the bitcoin technology and want to grow it .

same was true for 2014  :P

There's a lot of projects previously started with VC funds that are still in the development phase. I think we're about to assist a real bitcoin BOOM in the next 3-4 years or even sooner. The time to go from 100mil BTC users to 500mil users will actually be shorter than going from 2.5mil (now) to 10mil.
Once the media madness begins, it will be a matter of 1-2 years til we witness a wide embrace of this beautiful new financial tool!


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: Lauda on April 12, 2015, 09:35:35 AM
There's a lot of projects previously started with VC funds that are still in the development phase. I think we're about to assist a real bitcoin BOOM in the next 3-4 years or even sooner. The time to go from 100mil BTC users to 500mil users will actually be shorter than going from 2.5mil (now) to 10mil.
Once the media madness begins, it will be a matter of 1-2 years til we witness a wide embrace of this beautiful new financial tool!
That's how it usually goes with everything. It spreads slowly then it booms until it reaches it maximum. Then it continues on a slower pace. Hopefully we're going to see some of those projects finished very soon.
That could help us expand, something that we urgently need.


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: merve10495 on April 12, 2015, 09:46:24 AM
Numbers are growing, prices are falling.

I have 0 complaints :)

Things have to go down before they go up.
Bring on the rest of 2015 I say!


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: kelsey on April 12, 2015, 02:18:08 PM
bitcoin was meant to be an alternative to the greedy bankers fiat, now just becoming a new breed of greedy banker bitcoin  >:(


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: chennan on April 13, 2015, 02:56:47 PM
bitcoin was meant to be an alternative to the greedy bankers fiat, now just becoming a new breed of greedy banker bitcoin  >:(
I don't think greedy bankers are interested at bitcoin! But big whales are still piling up their holding. Some small investors or miners are probably dumping it recklessly.


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: hmblm1245 on April 13, 2015, 03:50:15 PM
Gotta love coindesk.


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: crazyivan on April 13, 2015, 04:11:31 PM
Well, I would like to see more differentiated investments and not all spread over a few companies.


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: 2double0 on April 13, 2015, 04:52:48 PM
Well, I would like to see more differentiated investments and not all spread over a few companies.

Not just limited to investments, but we should rather focus on the development too as it still is in the same phase.


Title: Re: State of Bitcoin Q1 2015 (by CoinDesk)
Post by: crazyivan on April 13, 2015, 09:00:12 PM
Well, I would like to see more differentiated investments and not all spread over a few companies.

Not just limited to investments, but we should rather focus on the development too as it still is in the same phase.

Yes, I somehow feel everybody talks about blockchain based apps now and blockchain in general. What about BTC?