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No offense OP... but I don't understand how you guys can still take TA/chart analysis seriously in the bitcoin world
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PROOF that the people who vote on the polls here know NOTHING
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Expecting another huge jump is almost too predictable. I feel like bitcoin has always been unpredictable/
I have a feeling we could see a slow year just like 2012, or even a first time negative trend the whole year (with increased FUD, bad news and more resistance form banks/govs). This could be the year that is unexpected, where more and more people lose confidence and start falling off the train, and only the true believers or delusional hopefuls continue to hold on. But once most people realize bitcoin brings financial control in the hands of individual, it will skyrocket. Most people again will miss the train again.
This was a good prediction, made at the time and not revised... Thanks, and I agree... I've made several good predictions around here actually but no one listens  I am bitcoin god |
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100% certain, barring any major crypto flaws or Google suddenly adopting Dogecoin.
The only question is, when. Pessimistically I think it could be anywhere 3 - 10 years coming. Since it may have to wait for surges in genuine adoption rather than speculation.
If it takes 10 years to reach 1K again, a lot of people will sell before that arrives. People (that missed the boat, like most of us) are hoping to retire in 10 years. If in 10 years we go from 400 to 1000, it's going to be dissapointing. In 10 years, 1000 will be worth 400 or less given the dollar's inflation rate... so that would be a total failure When bitcoin is rising people think that we'll hit $10K within 6 months. When bitcoin is slumping they think it will take 10 years to revisit the previous ATH. Good lord.  Yup... highly emotional investment |
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Can't see the picture... but the link says "fat-guy-playing-on-computer" so GTFOInvalid picThe link is from pcgamer.com and it says "interview portrait". But let's just pretend it's you... 6/10 ... decent face, losing some bodyfat will do wonders (possibly turn you into a 8/10)This picture is a few months old and doesn't do me justice. My left arm is more tanned and I've lost 10 lbs over the summer. I look much better now.  
Not you, but if it was I would say WTF are you doing to yourself? 1/10
Invalid pic
ITT - No one has the BALLS to post their real pic, typical
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100% certain, barring any major crypto flaws or Google suddenly adopting Dogecoin.
The only question is, when. Pessimistically I think it could be anywhere 3 - 10 years coming. Since it may have to wait for surges in genuine adoption rather than speculation.
If it takes 10 years to reach 1K again, a lot of people will sell before that arrives. People (that missed the boat, like most of us) are hoping to retire in 10 years. If in 10 years we go from 400 to 1000, it's going to be dissapointing. In 10 years, 1000 will be worth 400 or less given the dollar's inflation rate... so that would be a total failure |
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^ posts like this make me think we are going nowhere but down, please stop
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^ I see what you're saying, thanks! I'm not using this for any decision making, I just wanted to see how confident people still are. Of course this is bitcointalk.org, where you have a mix of people who are very knowledgeable on bitcoin to those blindly-optimistic, so I take the results with a grain of salt. 86% confidence (current poll results) is much higher than I anticipated though |
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Is the story about Noah's ark in the bible? then clearly no
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hopefully one day i will myself be a self made millionaire due to bitcoin, lets hope for the best because ive diserved it , its been a long time coming
you can't even spell deserve, so no you don't |
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I'm not sure why they would wait for a certain price, unless they are trying to corelate that with how broadly BTC is accepted? It would be a mistake if that were the case. For example, far less places took bitcoin when it was valued by the market at $1000.
If their paradigm is one of stock investing then maybe they are confused. If a stock offering falls to a low price then the capitol the issuer was counting on is not present and the company could go bankrupt. At that point the stock value could fall to zero and become worthless. Bitcoin does not need your money and it woked just fine when bitcoins were $0.50. It also worked fine at $100, $35, or $823. As long as me and one other person is using it, it can at least opperate.
The reasoning behind it was technical, I'll try to dig up what I've read about how and why higher priced bitcoin was more useful... I'm still not clear myself |
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I'm just trying to gauge people's confidence level after the SHIT year we have had in 2014 (lol at 2014 = "the year of bitcoin")... a lot of people have lost confidence, and I would even say that the general reputation of bitcoin is still negative thanks to Mt Gox.
2014 definitely *is* the year of bitcoin. Much more positive developments have already happened in this year than in all the previous years combined! And getting rid of MtGox was one of the positive things that happened. As for the price, which is depressed now, yeah right, 2014 is not (yet) the year of a huge bitcoin rally, so what? Still is an awesome year with three more months to go. I think price matters more than you make it sound. It gives people confidence to buy and/or invest, it puts bitcoin in a positive light and it makes corporations more willing to work with it. When people look at bitcoin right now, the first thing they say is "isn't it that currency that lost over 70% of its value?" You may be one of those people who can say "i don't care about price, I got in at $1 so I'm still up hehe" but let's think about other people too. They care about their money and they won't get involved with something that will make them lose money. And I can argue that the MtGox fiasco put a shadow on pretty much all positive developments that happened all year. We've had some big merchant adoption this year, sure, and the PayPal news recently is about the best thing to happen this year. But in 2013 we went form not knowing whether the US gov will ban bitcoin to the US accepting bitcoin as a legitimate currency and even embracing it in the Sennate hearings... that is good news, and it helped that we had China on our side to move the price above $1000 for the first time. I would call 2013 the year of bitcoin, not 2014. |
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Having experienced the $32 to $2 decline, nothing scares me anymore.
Unless better technology is invented, this thing won't be stopped.
Same here. And that was not the only extreme crash we have seen. Each time people loudly and confidently pronounced bitcoin dead. when OI hear that I know it means the person does not understand bitcoin. They treat it like a stock or a bond. Bitcoin is nothing like that and does not require any threshold value to operate. Is it still the fastest, safest, and cheapest way to send money? Yes? Then we are all good. I'm curious about that, because I hear the contrary too. I've heard some businesses and institutions won't consider working with bitcoin until it's above $2-5K/btc, what is all that about? |
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Having experienced the $32 to $2 decline, nothing scares me anymore.
Unless better technology is invented, this thing won't be stopped.
If only I knew about this back then... you must be rich  |
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I'm just trying to gauge people's confidence level after the SHIT year we have had in 2014 (lol at 2014 = "the year of bitcoin")... a lot of people have lost confidence, and I would even say that the general reputation of bitcoin is still negative thanks to Mt Gox.
But there are some people, like me, who still think we are on track for greatness... but we are on a bumpy road that will last longer than most expected, maybe even a few years.
The optimism was much higher at the end of 2013, for this same poll we would have probably seen the majority pick option #1, but lets see what the consensus is now
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Why do you guys worry?I hope it goes to 100, I have very little bitcoin.
If it goes to 100 it will probably go to 50 and then to 10... then it wont matter how many bitcoin you have |
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Doesn't matter what the charts say.... we are going down until something significant happens
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$1000 in 2020 wouldn't be the end of the world. Its still a double in value in 5.5 years.
Sounds more boring than the stock market...I would rather just invest in Google or something |
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Sorry to break it to you guys... but as long as I'm holding bitcoin will never prosper. The forces of the universe hate me, and never allow me to gain money.... seriously I have the WORST luck with money, never made a dime off any of my investments I've ever invested in... I only wish I knew how it felt like to make a profit... on anything... must be nice
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