2014 SUCKED.
Roll on reward halving please.
See you all in 2 years.
The first 3/4 of 2014 have been negative in the BTC price arena - but really, could we expect much different after experiencing two bubbles in 2013 (NOT that I personally experienced such bubbles - except that I began buying at the top of the second one
).
On the development and adoption side, 2014 has been pretty decent so far, NO? As good as one could have expected, I would imagine.
Maybe the remainder of 2014 will remain flat or even continued downward with BTC prices? The near-term price performance is NOT looking great (but it is NOT looking particularly dire, either) - yet there still remain 3 months in 2014, so seems a
bit premature to write off the totality of 2014 - in early Ocotober.What? Nah, I did this in April.
Just kidding. On a more serious note, the development side has not really done a lot this year.. (that I'm aware of) Adoption is comping along too.
Imagine this time last year that i told you that companies like pay-pal, dell, dish, overstock.com etc. would all be accepting bitcoins by this time 2014 and the price was actually going down, and not up would you have believed me?
Imagine i told you that circle would be open worldwide, coinbase expands into europe and that people are actually taking bitcoin seriously and not writing it off, would you have believed me?
Or even if i told you that the Bank of England published a report where they clearly show they understand advances afforded by blockchain and crypto tech and bitcoin in general, would you have believed me?
A year ago, most of the companies or institutions i mentioned above all said bitcoin is not important, a nice little experiment for geeks but it will soon go away.
I wouldn't have believed me either. But this is where we are, yet the price still goes down.